SlideShare a Scribd company logo
1 of 1
Download to read offline
Cool Limited accquired a building with a 40 year life for its investment potential for Rs.8 million
on 1 January 2013. At Dec 13 2013, the fair value of property was estimated at Rs.9 million with
costs to sell estimated at Rs.200000 . If Cool limited uses the fair value model for investment
properties, what gain should be recorded in SOCI ?

More Related Content

More from murtuzadahadwala3

could you draw uml diagram for this code from PIL import Image, Im.pdf
could you draw uml diagram for this code from PIL import Image, Im.pdfcould you draw uml diagram for this code from PIL import Image, Im.pdf
could you draw uml diagram for this code from PIL import Image, Im.pdfmurtuzadahadwala3
 
COUNTRY IS INDIA1. Describe the legal environment of chosen countr.pdf
COUNTRY IS INDIA1. Describe the legal environment of chosen countr.pdfCOUNTRY IS INDIA1. Describe the legal environment of chosen countr.pdf
COUNTRY IS INDIA1. Describe the legal environment of chosen countr.pdfmurtuzadahadwala3
 
convert the following C code to Mips assembly with steps and comment.pdf
convert the following C code to Mips assembly with steps and comment.pdfconvert the following C code to Mips assembly with steps and comment.pdf
convert the following C code to Mips assembly with steps and comment.pdfmurtuzadahadwala3
 
copyReverse.c code please do not change anything in the code bes.pdf
copyReverse.c code please do not change anything in the code bes.pdfcopyReverse.c code please do not change anything in the code bes.pdf
copyReverse.c code please do not change anything in the code bes.pdfmurtuzadahadwala3
 
Contrast the location of a food distributor and a supermarket. (The .pdf
Contrast the location of a food distributor and a supermarket. (The .pdfContrast the location of a food distributor and a supermarket. (The .pdf
Contrast the location of a food distributor and a supermarket. (The .pdfmurtuzadahadwala3
 
Contabilidad del iPhone en Apple Inc. El 21 de octubre de 2008, Appl.pdf
Contabilidad del iPhone en Apple Inc. El 21 de octubre de 2008, Appl.pdfContabilidad del iPhone en Apple Inc. El 21 de octubre de 2008, Appl.pdf
Contabilidad del iPhone en Apple Inc. El 21 de octubre de 2008, Appl.pdfmurtuzadahadwala3
 
Contaminaci�n en la cadena log�stica de productos agr�colas a granel.pdf
Contaminaci�n en la cadena log�stica de productos agr�colas a granel.pdfContaminaci�n en la cadena log�stica de productos agr�colas a granel.pdf
Contaminaci�n en la cadena log�stica de productos agr�colas a granel.pdfmurtuzadahadwala3
 
Constructing Entity Relationship Diagram University workshop case st.pdf
Constructing Entity Relationship Diagram University workshop case st.pdfConstructing Entity Relationship Diagram University workshop case st.pdf
Constructing Entity Relationship Diagram University workshop case st.pdfmurtuzadahadwala3
 
Consider the international strategy of a current entrepreneurial ve.pdf
Consider the international strategy of a current  entrepreneurial ve.pdfConsider the international strategy of a current  entrepreneurial ve.pdf
Consider the international strategy of a current entrepreneurial ve.pdfmurtuzadahadwala3
 
Consider the network shown in the attached picture. Assume Distance .pdf
Consider the network shown in the attached picture. Assume Distance .pdfConsider the network shown in the attached picture. Assume Distance .pdf
Consider the network shown in the attached picture. Assume Distance .pdfmurtuzadahadwala3
 
Consider the DE PBC Article. Which of the following sources of capit.pdf
Consider the DE PBC Article. Which of the following sources of capit.pdfConsider the DE PBC Article. Which of the following sources of capit.pdf
Consider the DE PBC Article. Which of the following sources of capit.pdfmurtuzadahadwala3
 
Computer Programming Task- Assembly Language- STM32F3 DISCOVERY.pdf
Computer Programming Task- Assembly Language- STM32F3 DISCOVERY.pdfComputer Programming Task- Assembly Language- STM32F3 DISCOVERY.pdf
Computer Programming Task- Assembly Language- STM32F3 DISCOVERY.pdfmurtuzadahadwala3
 
Consider a population that grows according to the recursive rule Pn=.pdf
Consider a population that grows according to the recursive rule Pn=.pdfConsider a population that grows according to the recursive rule Pn=.pdf
Consider a population that grows according to the recursive rule Pn=.pdfmurtuzadahadwala3
 
Consider a D-dimensional Gaussian random variable x with distributio.pdf
Consider a D-dimensional Gaussian random variable x with distributio.pdfConsider a D-dimensional Gaussian random variable x with distributio.pdf
Consider a D-dimensional Gaussian random variable x with distributio.pdfmurtuzadahadwala3
 
Consider a country with a fixed exchange rate that is experiencing a.pdf
Consider a country with a fixed exchange rate that is experiencing a.pdfConsider a country with a fixed exchange rate that is experiencing a.pdf
Consider a country with a fixed exchange rate that is experiencing a.pdfmurtuzadahadwala3
 
conducting sytem cells pientatritandecike enta viake Quiettion 10 Er.pdf
conducting sytem cells pientatritandecike enta viake Quiettion 10 Er.pdfconducting sytem cells pientatritandecike enta viake Quiettion 10 Er.pdf
conducting sytem cells pientatritandecike enta viake Quiettion 10 Er.pdfmurtuzadahadwala3
 
Con la herramienta de comparaci�n de pa�ses Hofstede Insights, compa.pdf
Con la herramienta de comparaci�n de pa�ses Hofstede Insights, compa.pdfCon la herramienta de comparaci�n de pa�ses Hofstede Insights, compa.pdf
Con la herramienta de comparaci�n de pa�ses Hofstede Insights, compa.pdfmurtuzadahadwala3
 
Consider the following statement.In a sample of 20 passengers sele.pdf
Consider the following statement.In a sample of 20 passengers sele.pdfConsider the following statement.In a sample of 20 passengers sele.pdf
Consider the following statement.In a sample of 20 passengers sele.pdfmurtuzadahadwala3
 
Consider the following production schedule of a country where all .pdf
Consider the following production schedule of a country where all .pdfConsider the following production schedule of a country where all .pdf
Consider the following production schedule of a country where all .pdfmurtuzadahadwala3
 
Con el fin de controlar el comportamiento �tico sin perder buenos em.pdf
Con el fin de controlar el comportamiento �tico sin perder buenos em.pdfCon el fin de controlar el comportamiento �tico sin perder buenos em.pdf
Con el fin de controlar el comportamiento �tico sin perder buenos em.pdfmurtuzadahadwala3
 

More from murtuzadahadwala3 (20)

could you draw uml diagram for this code from PIL import Image, Im.pdf
could you draw uml diagram for this code from PIL import Image, Im.pdfcould you draw uml diagram for this code from PIL import Image, Im.pdf
could you draw uml diagram for this code from PIL import Image, Im.pdf
 
COUNTRY IS INDIA1. Describe the legal environment of chosen countr.pdf
COUNTRY IS INDIA1. Describe the legal environment of chosen countr.pdfCOUNTRY IS INDIA1. Describe the legal environment of chosen countr.pdf
COUNTRY IS INDIA1. Describe the legal environment of chosen countr.pdf
 
convert the following C code to Mips assembly with steps and comment.pdf
convert the following C code to Mips assembly with steps and comment.pdfconvert the following C code to Mips assembly with steps and comment.pdf
convert the following C code to Mips assembly with steps and comment.pdf
 
copyReverse.c code please do not change anything in the code bes.pdf
copyReverse.c code please do not change anything in the code bes.pdfcopyReverse.c code please do not change anything in the code bes.pdf
copyReverse.c code please do not change anything in the code bes.pdf
 
Contrast the location of a food distributor and a supermarket. (The .pdf
Contrast the location of a food distributor and a supermarket. (The .pdfContrast the location of a food distributor and a supermarket. (The .pdf
Contrast the location of a food distributor and a supermarket. (The .pdf
 
Contabilidad del iPhone en Apple Inc. El 21 de octubre de 2008, Appl.pdf
Contabilidad del iPhone en Apple Inc. El 21 de octubre de 2008, Appl.pdfContabilidad del iPhone en Apple Inc. El 21 de octubre de 2008, Appl.pdf
Contabilidad del iPhone en Apple Inc. El 21 de octubre de 2008, Appl.pdf
 
Contaminaci�n en la cadena log�stica de productos agr�colas a granel.pdf
Contaminaci�n en la cadena log�stica de productos agr�colas a granel.pdfContaminaci�n en la cadena log�stica de productos agr�colas a granel.pdf
Contaminaci�n en la cadena log�stica de productos agr�colas a granel.pdf
 
Constructing Entity Relationship Diagram University workshop case st.pdf
Constructing Entity Relationship Diagram University workshop case st.pdfConstructing Entity Relationship Diagram University workshop case st.pdf
Constructing Entity Relationship Diagram University workshop case st.pdf
 
Consider the international strategy of a current entrepreneurial ve.pdf
Consider the international strategy of a current  entrepreneurial ve.pdfConsider the international strategy of a current  entrepreneurial ve.pdf
Consider the international strategy of a current entrepreneurial ve.pdf
 
Consider the network shown in the attached picture. Assume Distance .pdf
Consider the network shown in the attached picture. Assume Distance .pdfConsider the network shown in the attached picture. Assume Distance .pdf
Consider the network shown in the attached picture. Assume Distance .pdf
 
Consider the DE PBC Article. Which of the following sources of capit.pdf
Consider the DE PBC Article. Which of the following sources of capit.pdfConsider the DE PBC Article. Which of the following sources of capit.pdf
Consider the DE PBC Article. Which of the following sources of capit.pdf
 
Computer Programming Task- Assembly Language- STM32F3 DISCOVERY.pdf
Computer Programming Task- Assembly Language- STM32F3 DISCOVERY.pdfComputer Programming Task- Assembly Language- STM32F3 DISCOVERY.pdf
Computer Programming Task- Assembly Language- STM32F3 DISCOVERY.pdf
 
Consider a population that grows according to the recursive rule Pn=.pdf
Consider a population that grows according to the recursive rule Pn=.pdfConsider a population that grows according to the recursive rule Pn=.pdf
Consider a population that grows according to the recursive rule Pn=.pdf
 
Consider a D-dimensional Gaussian random variable x with distributio.pdf
Consider a D-dimensional Gaussian random variable x with distributio.pdfConsider a D-dimensional Gaussian random variable x with distributio.pdf
Consider a D-dimensional Gaussian random variable x with distributio.pdf
 
Consider a country with a fixed exchange rate that is experiencing a.pdf
Consider a country with a fixed exchange rate that is experiencing a.pdfConsider a country with a fixed exchange rate that is experiencing a.pdf
Consider a country with a fixed exchange rate that is experiencing a.pdf
 
conducting sytem cells pientatritandecike enta viake Quiettion 10 Er.pdf
conducting sytem cells pientatritandecike enta viake Quiettion 10 Er.pdfconducting sytem cells pientatritandecike enta viake Quiettion 10 Er.pdf
conducting sytem cells pientatritandecike enta viake Quiettion 10 Er.pdf
 
Con la herramienta de comparaci�n de pa�ses Hofstede Insights, compa.pdf
Con la herramienta de comparaci�n de pa�ses Hofstede Insights, compa.pdfCon la herramienta de comparaci�n de pa�ses Hofstede Insights, compa.pdf
Con la herramienta de comparaci�n de pa�ses Hofstede Insights, compa.pdf
 
Consider the following statement.In a sample of 20 passengers sele.pdf
Consider the following statement.In a sample of 20 passengers sele.pdfConsider the following statement.In a sample of 20 passengers sele.pdf
Consider the following statement.In a sample of 20 passengers sele.pdf
 
Consider the following production schedule of a country where all .pdf
Consider the following production schedule of a country where all .pdfConsider the following production schedule of a country where all .pdf
Consider the following production schedule of a country where all .pdf
 
Con el fin de controlar el comportamiento �tico sin perder buenos em.pdf
Con el fin de controlar el comportamiento �tico sin perder buenos em.pdfCon el fin de controlar el comportamiento �tico sin perder buenos em.pdf
Con el fin de controlar el comportamiento �tico sin perder buenos em.pdf
 

Recently uploaded

CELL CYCLE Division Science 8 quarter IV.pptx
CELL CYCLE Division Science 8 quarter IV.pptxCELL CYCLE Division Science 8 quarter IV.pptx
CELL CYCLE Division Science 8 quarter IV.pptxJiesonDelaCerna
 
MARGINALIZATION (Different learners in Marginalized Group
MARGINALIZATION (Different learners in Marginalized GroupMARGINALIZATION (Different learners in Marginalized Group
MARGINALIZATION (Different learners in Marginalized GroupJonathanParaisoCruz
 
Enzyme, Pharmaceutical Aids, Miscellaneous Last Part of Chapter no 5th.pdf
Enzyme, Pharmaceutical Aids, Miscellaneous Last Part of Chapter no 5th.pdfEnzyme, Pharmaceutical Aids, Miscellaneous Last Part of Chapter no 5th.pdf
Enzyme, Pharmaceutical Aids, Miscellaneous Last Part of Chapter no 5th.pdfSumit Tiwari
 
ECONOMIC CONTEXT - PAPER 1 Q3: NEWSPAPERS.pptx
ECONOMIC CONTEXT - PAPER 1 Q3: NEWSPAPERS.pptxECONOMIC CONTEXT - PAPER 1 Q3: NEWSPAPERS.pptx
ECONOMIC CONTEXT - PAPER 1 Q3: NEWSPAPERS.pptxiammrhaywood
 
AmericanHighSchoolsprezentacijaoskolama.
AmericanHighSchoolsprezentacijaoskolama.AmericanHighSchoolsprezentacijaoskolama.
AmericanHighSchoolsprezentacijaoskolama.arsicmarija21
 
ENGLISH 7_Q4_LESSON 2_ Employing a Variety of Strategies for Effective Interp...
ENGLISH 7_Q4_LESSON 2_ Employing a Variety of Strategies for Effective Interp...ENGLISH 7_Q4_LESSON 2_ Employing a Variety of Strategies for Effective Interp...
ENGLISH 7_Q4_LESSON 2_ Employing a Variety of Strategies for Effective Interp...JhezDiaz1
 
call girls in Kamla Market (DELHI) 🔝 >༒9953330565🔝 genuine Escort Service 🔝✔️✔️
call girls in Kamla Market (DELHI) 🔝 >༒9953330565🔝 genuine Escort Service 🔝✔️✔️call girls in Kamla Market (DELHI) 🔝 >༒9953330565🔝 genuine Escort Service 🔝✔️✔️
call girls in Kamla Market (DELHI) 🔝 >༒9953330565🔝 genuine Escort Service 🔝✔️✔️9953056974 Low Rate Call Girls In Saket, Delhi NCR
 
Computed Fields and api Depends in the Odoo 17
Computed Fields and api Depends in the Odoo 17Computed Fields and api Depends in the Odoo 17
Computed Fields and api Depends in the Odoo 17Celine George
 
18-04-UA_REPORT_MEDIALITERAСY_INDEX-DM_23-1-final-eng.pdf
18-04-UA_REPORT_MEDIALITERAСY_INDEX-DM_23-1-final-eng.pdf18-04-UA_REPORT_MEDIALITERAСY_INDEX-DM_23-1-final-eng.pdf
18-04-UA_REPORT_MEDIALITERAСY_INDEX-DM_23-1-final-eng.pdfssuser54595a
 
What is Model Inheritance in Odoo 17 ERP
What is Model Inheritance in Odoo 17 ERPWhat is Model Inheritance in Odoo 17 ERP
What is Model Inheritance in Odoo 17 ERPCeline George
 
POINT- BIOCHEMISTRY SEM 2 ENZYMES UNIT 5.pptx
POINT- BIOCHEMISTRY SEM 2 ENZYMES UNIT 5.pptxPOINT- BIOCHEMISTRY SEM 2 ENZYMES UNIT 5.pptx
POINT- BIOCHEMISTRY SEM 2 ENZYMES UNIT 5.pptxSayali Powar
 
How to Configure Email Server in Odoo 17
How to Configure Email Server in Odoo 17How to Configure Email Server in Odoo 17
How to Configure Email Server in Odoo 17Celine George
 
Employee wellbeing at the workplace.pptx
Employee wellbeing at the workplace.pptxEmployee wellbeing at the workplace.pptx
Employee wellbeing at the workplace.pptxNirmalaLoungPoorunde1
 
EPANDING THE CONTENT OF AN OUTLINE using notes.pptx
EPANDING THE CONTENT OF AN OUTLINE using notes.pptxEPANDING THE CONTENT OF AN OUTLINE using notes.pptx
EPANDING THE CONTENT OF AN OUTLINE using notes.pptxRaymartEstabillo3
 
Introduction to ArtificiaI Intelligence in Higher Education
Introduction to ArtificiaI Intelligence in Higher EducationIntroduction to ArtificiaI Intelligence in Higher Education
Introduction to ArtificiaI Intelligence in Higher Educationpboyjonauth
 
MICROBIOLOGY biochemical test detailed.pptx
MICROBIOLOGY biochemical test detailed.pptxMICROBIOLOGY biochemical test detailed.pptx
MICROBIOLOGY biochemical test detailed.pptxabhijeetpadhi001
 
Procuring digital preservation CAN be quick and painless with our new dynamic...
Procuring digital preservation CAN be quick and painless with our new dynamic...Procuring digital preservation CAN be quick and painless with our new dynamic...
Procuring digital preservation CAN be quick and painless with our new dynamic...Jisc
 
DATA STRUCTURE AND ALGORITHM for beginners
DATA STRUCTURE AND ALGORITHM for beginnersDATA STRUCTURE AND ALGORITHM for beginners
DATA STRUCTURE AND ALGORITHM for beginnersSabitha Banu
 
Presiding Officer Training module 2024 lok sabha elections
Presiding Officer Training module 2024 lok sabha electionsPresiding Officer Training module 2024 lok sabha elections
Presiding Officer Training module 2024 lok sabha electionsanshu789521
 

Recently uploaded (20)

CELL CYCLE Division Science 8 quarter IV.pptx
CELL CYCLE Division Science 8 quarter IV.pptxCELL CYCLE Division Science 8 quarter IV.pptx
CELL CYCLE Division Science 8 quarter IV.pptx
 
Model Call Girl in Tilak Nagar Delhi reach out to us at 🔝9953056974🔝
Model Call Girl in Tilak Nagar Delhi reach out to us at 🔝9953056974🔝Model Call Girl in Tilak Nagar Delhi reach out to us at 🔝9953056974🔝
Model Call Girl in Tilak Nagar Delhi reach out to us at 🔝9953056974🔝
 
MARGINALIZATION (Different learners in Marginalized Group
MARGINALIZATION (Different learners in Marginalized GroupMARGINALIZATION (Different learners in Marginalized Group
MARGINALIZATION (Different learners in Marginalized Group
 
Enzyme, Pharmaceutical Aids, Miscellaneous Last Part of Chapter no 5th.pdf
Enzyme, Pharmaceutical Aids, Miscellaneous Last Part of Chapter no 5th.pdfEnzyme, Pharmaceutical Aids, Miscellaneous Last Part of Chapter no 5th.pdf
Enzyme, Pharmaceutical Aids, Miscellaneous Last Part of Chapter no 5th.pdf
 
ECONOMIC CONTEXT - PAPER 1 Q3: NEWSPAPERS.pptx
ECONOMIC CONTEXT - PAPER 1 Q3: NEWSPAPERS.pptxECONOMIC CONTEXT - PAPER 1 Q3: NEWSPAPERS.pptx
ECONOMIC CONTEXT - PAPER 1 Q3: NEWSPAPERS.pptx
 
AmericanHighSchoolsprezentacijaoskolama.
AmericanHighSchoolsprezentacijaoskolama.AmericanHighSchoolsprezentacijaoskolama.
AmericanHighSchoolsprezentacijaoskolama.
 
ENGLISH 7_Q4_LESSON 2_ Employing a Variety of Strategies for Effective Interp...
ENGLISH 7_Q4_LESSON 2_ Employing a Variety of Strategies for Effective Interp...ENGLISH 7_Q4_LESSON 2_ Employing a Variety of Strategies for Effective Interp...
ENGLISH 7_Q4_LESSON 2_ Employing a Variety of Strategies for Effective Interp...
 
call girls in Kamla Market (DELHI) 🔝 >༒9953330565🔝 genuine Escort Service 🔝✔️✔️
call girls in Kamla Market (DELHI) 🔝 >༒9953330565🔝 genuine Escort Service 🔝✔️✔️call girls in Kamla Market (DELHI) 🔝 >༒9953330565🔝 genuine Escort Service 🔝✔️✔️
call girls in Kamla Market (DELHI) 🔝 >༒9953330565🔝 genuine Escort Service 🔝✔️✔️
 
Computed Fields and api Depends in the Odoo 17
Computed Fields and api Depends in the Odoo 17Computed Fields and api Depends in the Odoo 17
Computed Fields and api Depends in the Odoo 17
 
18-04-UA_REPORT_MEDIALITERAСY_INDEX-DM_23-1-final-eng.pdf
18-04-UA_REPORT_MEDIALITERAСY_INDEX-DM_23-1-final-eng.pdf18-04-UA_REPORT_MEDIALITERAСY_INDEX-DM_23-1-final-eng.pdf
18-04-UA_REPORT_MEDIALITERAСY_INDEX-DM_23-1-final-eng.pdf
 
What is Model Inheritance in Odoo 17 ERP
What is Model Inheritance in Odoo 17 ERPWhat is Model Inheritance in Odoo 17 ERP
What is Model Inheritance in Odoo 17 ERP
 
POINT- BIOCHEMISTRY SEM 2 ENZYMES UNIT 5.pptx
POINT- BIOCHEMISTRY SEM 2 ENZYMES UNIT 5.pptxPOINT- BIOCHEMISTRY SEM 2 ENZYMES UNIT 5.pptx
POINT- BIOCHEMISTRY SEM 2 ENZYMES UNIT 5.pptx
 
How to Configure Email Server in Odoo 17
How to Configure Email Server in Odoo 17How to Configure Email Server in Odoo 17
How to Configure Email Server in Odoo 17
 
Employee wellbeing at the workplace.pptx
Employee wellbeing at the workplace.pptxEmployee wellbeing at the workplace.pptx
Employee wellbeing at the workplace.pptx
 
EPANDING THE CONTENT OF AN OUTLINE using notes.pptx
EPANDING THE CONTENT OF AN OUTLINE using notes.pptxEPANDING THE CONTENT OF AN OUTLINE using notes.pptx
EPANDING THE CONTENT OF AN OUTLINE using notes.pptx
 
Introduction to ArtificiaI Intelligence in Higher Education
Introduction to ArtificiaI Intelligence in Higher EducationIntroduction to ArtificiaI Intelligence in Higher Education
Introduction to ArtificiaI Intelligence in Higher Education
 
MICROBIOLOGY biochemical test detailed.pptx
MICROBIOLOGY biochemical test detailed.pptxMICROBIOLOGY biochemical test detailed.pptx
MICROBIOLOGY biochemical test detailed.pptx
 
Procuring digital preservation CAN be quick and painless with our new dynamic...
Procuring digital preservation CAN be quick and painless with our new dynamic...Procuring digital preservation CAN be quick and painless with our new dynamic...
Procuring digital preservation CAN be quick and painless with our new dynamic...
 
DATA STRUCTURE AND ALGORITHM for beginners
DATA STRUCTURE AND ALGORITHM for beginnersDATA STRUCTURE AND ALGORITHM for beginners
DATA STRUCTURE AND ALGORITHM for beginners
 
Presiding Officer Training module 2024 lok sabha elections
Presiding Officer Training module 2024 lok sabha electionsPresiding Officer Training module 2024 lok sabha elections
Presiding Officer Training module 2024 lok sabha elections
 

Cool Limited accquired a building with a 40 year life for its invest.pdf

  • 1. Cool Limited accquired a building with a 40 year life for its investment potential for Rs.8 million on 1 January 2013. At Dec 13 2013, the fair value of property was estimated at Rs.9 million with costs to sell estimated at Rs.200000 . If Cool limited uses the fair value model for investment properties, what gain should be recorded in SOCI ?