Topic: Chapter 5 (Non-current assets)

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November 6, 2024 at 2:54 pm #713063
bcauchi
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In the illustration – revaluation and annual excess depreciation transfers, i am not understanding why we depreciated the buildings for the first five years at original cost seeing that it was revalued after 4 years (2020,2021,2022 and 2023). Could you kindly explain it to be please.

Thanks!
November 10, 2024 at 7:47 pm #713170
P2-D2
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Hi,

I think that it is an error in the question, sorry. It should be the four years.

Thanks
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