Page 280 - F2 Integrated Workbook STUDENT 2019
P. 280

Chapter 12




                                Recording extra depreciation on FV adjustments



                    Adjust the Net Assets working of sub (W2)

                    At reporting date only.

                    Reduce the value of the asset/liability with the extra depreciation (CSOFP).




                                    Remember, LAND is NOT depreciated



























































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