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Hi, Marek,
What is difference between cost of sale and cost of disposal.

Thanks

Thanks Marek

IFRS 13 says if there is difference between transaction price at the time of initial recognition and fair value, the difference will be treated as per the relevant IFRS else the difference will be charged to Statement of P/L. Pl clarify how the difference be treated under IFRS 9.Thanks.

Thanks Marek.

It is factory building and subsidiary has production facility in it. Part of the building is used by Parent also.

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Thanks Marek. But in case where the lease period is in perpetuity since the control will exist for indefinite period, what will be the lease term to recognise and measure the RoU Asset and lease liability.

Thanks.

Hi Marec, A parent company has leased a building to its subsidiary.As per agreement the lease period is 11 months and it can be renewed for further period of 11 months and will continue like this till the control of parent.Pl. confirm what will the lease term to determine the RoU Asset in books of s...

Thanks.

There is lockdown every where due to Covid-19.Will depreciation on PPE continue to be charged during the lockdown period ?

Thanks

Thanks, Marek.

Hi,
A co. has term loan from bank.Following covid 19, bank has postponed recovery of interest and principal for next three months.Will this require any adjustment in unwinding of loan ? Thanks.

Can you share an excel file for consolidation of balance sheet and statement of p & l of parent and subsidiary.Thanks.

Ok.Thanks Marek.

Hi,
If a company has given project development advance to it's jv and subsidiary at interest free and there is no agreement for contractual pay in future how we treat this transaction.
Thanks

Thanks, Marek.

Yeh, @ 8% per annum.Thanks.

Hi, can you send an excel file how to do fair valustion on initial recognition of security deposit paid to vendor for 3 years. How it will be treated on subsequent measurement. Thanks.