Topics covered: IAS 16 Property, Plant and Equipment and IAS 40 Investment Property

Date prepared/updated: July 2011

Question length: 3 pages
Solution length: 8 pages

Required:
Analyze and recommend the appropriate accounting treatment under IFRSs for the various transactions and accounts related to 20X1. Include journal entries and the related impact to the Statement of Financial Position and Statement of Comprehensive Income.

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