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VIAGEM page 163 kaplan revision kit.

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FR Exams › VIAGEM page 163 kaplan revision kit.

  • This topic has 1 reply, 2 voices, and was last updated 6 years ago by P2-D2.
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    Posts
  • November 30, 2018 at 2:22 am #486502
    losercase
    Member
    • Topics: 20
    • Replies: 37
    • ☆☆

    Why are we subtracting 450 depreciation at the acquistion date.. we usually subtract it in the reporting date when we calculate net asset acquisition.. could you please help how to go about it ?

    December 3, 2018 at 8:09 pm #487043
    P2-D2
    Keymaster
    • Topics: 4
    • Replies: 7163
    • ☆☆☆☆☆

    Hi,

    We are not subtracting depreciation, we are subtracting the fair value of the contingent liability, which just happens to be the same figure as the depreciation.

    Thanks

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