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Ask the Tutor ACCA FA
Question on depreciation
You do exactly as you have written except that the cost to use should include installation costs of 1,200 - so the initial cost is 29,200.
I do explain that installation costs should be capitalised in my free lectures on non-current assets.
The lectures are a complete free course for Paper FA (F3) and cover everything needed to be able to pass the exam well.
You are welcome :-)
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