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?
Ask the Tutor ACCA FA
The reconciliation of the carrying amount for intangible assets
3y ago#1I 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.
Sign in to reply to this topic.