Doubt

Accountancy

What is the recoverable amount mentioned in this question and how to treat in recognising intangible asset..?

Sri kanaga Varshini

CA Final

★ 3K+

20-Apr-22 11:03

434

Answers (2)

Calculate total cost incurred Compare that with recoverable amount. IA cannot be recognised at a value more than recoverable amount Difference would be debited to P&L

CA Suraj Lakhotia

Admin

20-Apr-22 17:19

CA Suraj Lakhotia Admin

Calculate total cost incurred Compare that with recoverable amount. IA cannot be recognised at a value more than recoverable amount Difference would be debited to P&L

Ok sir ..thank u

Thread Starter

Sri kanaga Varshini

CA Final

★ 3K+

20-Apr-22 18:19

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