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Stephen Widberg.
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Noah098
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sir wanted to confirm this thing based on equity settled share based payment :
If the FV of purchased asset/good can be measured reliably then the equity will be credited by an amount equal to value of good/asset received.
However if the good/asset cannot be measured reliably then the good/asset will be measured/capitalised by an amount equal to equity transferred. just the opposite of initial thing.
your response would be much appreciated sir!
Stephen Widberg
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They will test the first point – what you need to learn is FV of good / service received.
In the exam don’t start writing out exceptions – you will muddle the marker. 🙂
Noah098
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