Residual valueForums › Ask ACCA Tutor Forums › Ask the Tutor ACCA SBR Exams › Residual valueThis topic has 1 reply, 2 voices, and was last updated 1 year ago by Stephen Widberg.Viewing 2 posts - 1 through 2 (of 2 total)AuthorPosts March 29, 2021 at 5:16 am #615433 Noah098MemberTopics: 935Replies: 352☆☆☆☆☆Sir I think in the below sentence it should have been ‘Impairment’ instead of ‘depreciation’:“If the estimated residual value is higher than an asset’s carrying amount then no depreciation is charged.” March 29, 2021 at 11:21 am #615456 Stephen WidbergKeymasterTopics: 12Replies: 2839☆☆☆☆☆Sentence looks fine to me – normal IAS 16 accounting.AuthorPostsViewing 2 posts - 1 through 2 (of 2 total)You must be logged in to reply to this topic.Log In Username: Password: Keep me signed in Log In