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Author Topic: Question about subsequence cost of IAS 16
avicitiffa-
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Post Question about subsequence cost of IAS 16
on: December 20, 2017, 12:35
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Hii...

"ABC company believes that in four years time, the production line will require a major overhaul to ensure it generates economic benefits for the next six years. The estimated overhaul cost at 31 December2017 was $6,000,000." Should this overhaul be capitalized?

Thanks..!

I didn't find the right solution from the Internet.

References:-https://www.youth4work.com/Talent/Accounting/Forum/120381-question-about-subsequence-cost-of-ias-16

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