Calculating cost of additions to non-current assets Flashcards

1
Q

Step 1?

A

Subtract initial cost of disposals from cost of non-current assets at start of year

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2
Q

Step 2?

A

Add the amount of any revaluation of non-current assets

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3
Q

Step 3?

A

Subtract above figure from cost of non-current assets at end of year

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