• Register
Search Questions / Answers

Welcome to AccountantAnswer Forum, where you can ask questions and receive answers. Although you need not be a member to ask questions or provide answers, we invite you to register an account and be a member of our community for mutual help. You can register with your email or with facebook login in few seconds

Get AccountantAnswer App

Categories


How do I recognize an increase of fair value of an investment property? What should be the accounting entries?
in IAS 40 - Investment Property by

1 Answer

+1 vote
 
Best answer
From your question it is assumed that fair value model has been adopted.

In such case, when fair value has increased the recording goes as follows:
DR     Investment property
CR     Income from increase in fair value
by Level 2 Member (2.8k points)
selected by


...