Professional Documents
Culture Documents
FR Ind AS L4
FR Ind AS L4
11516 PPI
Cash Biceis
SI 1 95,09000
If
5000received tobeseduced
6166,667 xafzy
33133.333
givenand from
assert cost waof
F
TE asfactridwa taken
Yo PPE 295,00ooo BF a 95,000
are in Cash or 5,000
Baule 3333,333 game
ToDeferredCredit 6166,667 vicinity to wa Given 100,000
Kid
Dep Gar GI
not
CA
ofoldpartincluded in machinery atendof
6thyear wouldbe
Current PriceofTurbine atendof
G'year 45L
Cost 6years ago inflationis stp a
if 45LxPuf
33,57900
CA ofreplacedpartincluded inmachine at endof
Gyr
33,57900 33,571900 1343,160
4
Machine Dr 45L
to Ban 45L
Pare a 13,43160
Tomachine 13,93160
I
Bs
MI LTBI DRSCosts 7
1360 1399
1
SPL
I
se in000s
Estagffittitute 10.000 EyeeCosts 400
E cost 800 AbnormalOH 300
Director 600 Dep 1699
Advisor 500
Int on DRS 1360 5 3 10112 57
DRS 2000 0.68 1360
3 0 1 26 2 5 0
It 1,614
I
oe'memoaer.wasneviema
HI at end
gg
of nth year then revisedep
IR Road
j
1Iggfoecostsarasosoxou. caatngrendE
13ft
5t.p.a inflrate 39.18
DepchargedinSyr
ago 51 39.18
t 20yrs
go life to using
5 98
Dep
6thbeg Zoo If CA aftersyrof
replaced Civilstructure_
a
civil structure
costof Civil
striga Joo Fofz
IT
CA 6thBeg
C Dep 910377 110373 170 62 15
I
beaseparateclass
Titan
firstTimeRevan SubsequentReval
changein method will be alctedasper
IndAs8 retrospectively withrestatement
i
Loss Gain firstDrRed firstor Parc
Is Onlyavailable when Fuofassetisreliably
t 1bftoextentdoss.i.ba
earlierortopos
determinable thence fu assetarenot EsjgIg
if of pm Octour
determinablereliable Reval not Editn ortoOct or
permitted 11 Reval GownasReval
Reserve
man
I
MisstepIaargeaon renamed
ant Fe.EE 1 it ioam.auringgean.taen
Along DI
when sevaluedasset is DR thenailing
forplass
on DR
I
Trevaenpesbaeifauy4G
r t IT
TtoEtoporl
via Oct Nr is Revandes Bal f CI SOL CE SOL
Excessloss Drto Port toRes via SOCIE Bikram alsorevalues
dephence III
ExcessRevRes Baltif to Got seclassified Ifinasset
fu then
be tool with joy
Reserves socle notreclassified chargedwill others Headey
comparable on
I
1000
Beingacedep adjustedfromCostof
asset
pp
fed Cost 5000 GainCoo NR 500
To Reval
AccDep 11001 37 RevalGain 500
CA 4000 AResRes 500
Fu asoo
Currentcostmeans cost newasset similar 5200
of
mmm
similarasset and adjust acedep suchthat s
the CA Fv ondate renal
of
N Meet theCA
PPE GrossCA or 200
MY
it
AccDep or 300 tofu
l o
ng g Ham CA 9000
RevalGain Ey Fu 4500
m P 100 112.507
45 0
I
TEtobe
o
Gross CA
acciser 1000
Date I X
a II YES io purchase Ems
31.3.17 Dep Gm 2501 2585 59 E
IE D GrossCA PPE B 625 1.4.17 CA Tso
To Acc Dep 125 31.3.18 Dep 12m 50th
To RevalGain Oct Nr 500 1.4.18 CA
RevalGain 250 Éor
2 Reval'sGain A 500 1.4.18 CA 7500 To
Revpeg go 31 zig Dep Eta 9500ft
1 19 ca
31 3 20 Dep 5912
31.3.20 CA 34371
ban
Ggg III's
Revalncors 192 s
31.3.20 Capostsevaen NIL
31.3 2 Dep 400 for 3000
31.3.21 CA 2600
fold
Boptonor 3 goth
SomassumingCohasnotoptedto If prorataadden
dep ant from R Resto G Res every year
I
one
ÉTI8
31.3.18 CA
Revan tk 8aaii p
31.3.18 CA Read To
ii
31.3.19CA
Revalngain so 50
31319 Caterina I 185 Ts
31.3.20 Dep
31320CA 1133 3 Ey
Sold 1100
loss I 33 33
To
TIFRevresbaltoGR 90
CA Final FR In Class MCQs by Sarthak Jain
L4 Ind AS 16
Company wants to revalue its PPE CA 50l and has following values
Cost to replace the asset with similar asset with similar age - 70L
(Replacement Cost)
3 SP - 68L 70 68 65 90 Poll
NSP - 65L
Cost of new such asset 90L
@ what amount to revalue
Means you are charging more dep to PorL when you revalue asset
4 Good Q Meri Ichha Poll
upward then Y will any one revalue?