Q2 Mini exercise Non current assetsForums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FR Exams › Q2 Mini exercise Non current assetsThis topic has 3 replies, 2 voices, and was last updated 8 years ago by MikeLittle.Viewing 4 posts - 1 through 4 (of 4 total)AuthorPosts October 19, 2016 at 9:03 pm #345063 bojanbihMemberTopics: 17Replies: 16☆Hi Mike,Why we didn’t calculate depr. for plant that is already on balance at the 30th Sep? It should be (126 – 26) x 12,5%, right?There is depr for Building but not for the plant.Thank you. October 20, 2016 at 8:58 am #345131 MikeLittleKeymasterTopics: 27Replies: 23264☆☆☆☆☆Hi, thanks for this – it looks like I got too excited with the building revaluation that I forgot entirely about the plant!The plant depreciation on the existing plant brought forward should be:(128,000 – 32,000) x 12.5% = 12,000Where did you get 126 and 26 from? October 21, 2016 at 7:40 am #345302 bojanbihMemberTopics: 17Replies: 16☆Yes, you are right.I am not sure how I get numbers from my post, but depr. should be calculated with your numbers.Thank you, Mike. October 21, 2016 at 7:57 am #345311 MikeLittleKeymasterTopics: 27Replies: 23264☆☆☆☆☆You’re welcomeAuthorPostsViewing 4 posts - 1 through 4 (of 4 total)You must be logged in to reply to this topic.Log In Username: Password: Keep me signed in Log In