Treatment of Interest portion of decommissioning liability

Financial Reporting

Whether Interest portion of decommissioning liability will be accounted in books? If so, how will be accounted ? Video Details ------------- Ind AS - CA Final Ind AS 16 Property, Plant and Equipment #30. Illustration 15: Changes in Decommission Liability - Cost Model

Swathi S

CA Final

★ 975

26-Apr-24 06:19

325

Answers (1)

Yes. Dr. Interest Expense Cr. Decomission liability

CA Suraj Lakhotia

Admin

29-Apr-24 19:32