Which profit or loss amounts must be disclosed?
ARental income, operating costs
BDividend income received
CRevaluation gains booked
DAudit fees of the entity
Answer & Solution
Correct answer: A. Rental income, operating costs
Disclosure covers rental income and direct operating expenses, split between properties that did and did not earn rent.
Keep practising Ind AS 23 Borrowing Costs and Ind AS 40 Investment Property
Browse all Ind AS 23 Borrowing Costs and Ind AS 40 Investment Property questions for CA Final, or explore more Financialreporting topics.
Related questions
Restrictions on realisability: what is disclosed?If fair value is unreliable, what is disclosed?When classification is hard, what is disclosed?What must be disclosed under the cost model?Liabilities kept after disposal fall under which Standard?Compensation for lost property is recognised when?Carrying Rs 1.2 crore; net proceeds Rs 1.5 crore. Recognised?Gain or loss on disposal equals what?