The company has constructed and developed a factory for Al Aqsa Co. at the cost of 650,000. Factory is completed this year and the cost plus 25% amount will be received by the end this year.
This is an assignment question, I have to advise the company about the correct treatment of the above property in the financial statement and apply a relevant IAS covering Non Current Assets
These are the options i was given - IAS 16, 36, 38, 40 - IFRS 5 or IFRS 16
Please Help
This is an assignment question, I have to advise the company about the correct treatment of the above property in the financial statement and apply a relevant IAS covering Non Current Assets
These are the options i was given - IAS 16, 36, 38, 40 - IFRS 5 or IFRS 16
Please Help