- This topic has 1 reply, 2 voices, and was last updated 2 years ago by .
Viewing 2 posts - 1 through 2 (of 2 total)
Viewing 2 posts - 1 through 2 (of 2 total)
- You must be logged in to reply to this topic.
OpenTuition recommends the new interactive BPP books for September & December 2024 exams.
Get your discount code >>
Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FA – FIA FFA › The reconciliation of the carrying amount for intangible assets
Extraction from Kaplan FA study text (page no:167)
Accumulated depreciation: X
Balance b/f X
Charge for the year (X)
_____
Disposals X
______
Carrying amount 31 Dec 20X4 X
_____
Carrying amount 31 Dec 20X3 X
_____
Why has the charge for the year been subtracted instead of adding it with accumulated depreciation?
Also, disposal has been added. Could you please clarify it?
I cannot help you because I do not have the Kaplan Study Text (only the BPP Revision Kit) and I do not know the context of what you have copied from the book.