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Question wrt. revaluation and accumulated depreciation

Forums › ACCA Forums › ACCA FR Financial Reporting Forums › Question wrt. revaluation and accumulated depreciation

  • This topic has 2 replies, 3 voices, and was last updated 15 years ago by nguyen kim thanh.
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  • May 5, 2010 at 8:43 am #43748
    Anonymous
    Inactive
    • Topics: 1
    • Replies: 0
    • ☆

    Hi,
    I’m studying for the diploma in Financial Mgmt and my BBP book has an example I don’t understand (see attachment)
    Can anyone please explain to me where the accumulated depreciation of 400 k comes from ? I looked at answers from similar questions and everywhere it says that accumulated depreciation is reversed, the new value should be 5.6M and depreciation should be calculated from the new value and using the new estimate of the useful life…
    Thanks so much for your help

    May 17, 2010 at 10:31 pm #59990
    Anonymous
    Inactive
    • Topics: 0
    • Replies: 11
    • ☆

    cannot see your attachment??

    May 18, 2010 at 12:33 pm #59991
    nguyen kim thanh
    Member
    • Topics: 1
    • Replies: 6
    • ☆

    I can not see the attachment

    so that I can not assist you

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