• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
Free ACCA & CIMA online courses from OpenTuition

Free ACCA & CIMA online courses from OpenTuition

Free Notes, Lectures, Tests and Forums for ACCA and CIMA exams

  • ACCA
  • CIMA
  • FIA
  • OBU
  • Books
  • Forums
  • Ask AI
  • Search
  • Register
  • Login
  • ACCA Forums
  • Ask ACCA Tutor
  • CIMA Forums
  • Ask CIMA Tutor
  • FIA
  • OBU
  • Buy/Sell Books
  • All Forums
  • Latest Topics

20% off ACCA & CIMA Books

OpenTuition recommends the new interactive BPP books for March and June 2025 exams.
Get your discount code >>

Part Disposal – Chapter 20

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA TX-UK Exams › Part Disposal – Chapter 20

  • This topic has 2 replies, 2 voices, and was last updated 8 years ago by Priyanka.
Viewing 3 posts - 1 through 3 (of 3 total)
  • Author
    Posts
  • February 19, 2017 at 5:43 pm #373191
    Priyanka
    Member
    • Topics: 5
    • Replies: 11
    • ☆

    Hello Sir

    For chapter 20..
    Ex.1 on part disposal

    Will it be wrong if for the calculation of £8,320 I use the base cost rule instead of the part disposal formula ?

    Initial cost: 10 hectares = £26,000

    =/=

    2 hectares = £16,000
    8 hectares = £34,000
    ———————————–
    10 hectares = £ 50,000 (m.value)
    ==================

    B.cost for 2 hectares
    16/50 × 26,000 = £8,320 (part disposal formula)

    Idea is the same.. same thing

    February 20, 2017 at 1:16 am #373226
    Tax Tutor
    Member
    • Topics: 2
    • Replies: 3965
    • ☆☆☆☆☆

    Forgive me but I’m not sure here what you are saying is “your” calculation of the allowable cost – which must of course be £8,320 as per part disposal rule = 16/50(16 + 34) x 26,000.

    February 20, 2017 at 2:11 am #373229
    Priyanka
    Member
    • Topics: 5
    • Replies: 11
    • ☆

    Ok Sir
    Thank You

    I thought that the base cost rule could be used instead of the part disposal formula.

  • Author
    Posts
Viewing 3 posts - 1 through 3 (of 3 total)
  • You must be logged in to reply to this topic.
Log In

Primary Sidebar

Donate
If you have benefited from our materials, please donate

ACCA News:

ACCA My Exam Performance for non-variant

Applied Skills exams is available NOW

ACCA Options:  “Read the Mind of the Marker” articles

Subscribe to ACCA’s Student Accountant Direct

ACCA CBE 2025 Exams

How was your exam, and what was the exam result?

BT CBE exam was.. | MA CBE exam was..
FA CBE exam was.. | LW CBE exam was..

Donate

If you have benefited from OpenTuition please donate.

PQ Magazine

Latest Comments

  • nosiphoceliwedlamini@gmail.com on Financial instruments – convertible debentures – ACCA Financial Reporting (FR)
  • NirajNathani99 on PPE – revaluation upwards – ACCA Financial Reporting (FR)
  • AKN1989 on Linear Programming – Maximum contribution – ACCA Performance Management (PM)
  • Motsotase910 on Contingent Assets and Liabilities – ACCA Audit and Assurance (AA)
  • Kim Smith on ACCA F2 Key to success

Copyright © 2025 · Support · Contact · Advertising · OpenLicense · About · Sitemap · Comments · Log in