CIMA F1 Question Answer
XY purchased a building on 1 April 20X1 for $300,000 with a useful economic life of 30 years. On 1 April 20X7 the building was revalued at $525,000.
What will the new depreciation charge be following the revaluation?
Give your answer as a whole number.
CIMA F1 Summary
- Vendor: CIMA
- Product: F1
- Update on: Sep 17, 2025
- Questions: 248
