Q1 Galah Ltd has acquired a new building. Assess which of the following items should be included in the cost of the building. Provide a reason for your conclusions. (a) Stamp duty (b) Real estate agent’s fees (c) Architect’s fees for drawings for internal adjustments to the building to be made before use (d) Interest on the bank loan to acquire the building, and an application fee to the bank to get the loan, which is secured on the building (e) Cost of changing the name on the building (f) Cost of changing the parking bays (g) Cost of refurbishing the lobby to the building to attract customers and make it more user friendly

ACCOUNTING FOR INVESTMENT PROPERTY.PROBLEM 2.  PLEASE ANSWER  AND SHOW SOLUTION

Having an issue with this problem. Thank you

ACCOUNTING FOR INVESTMENT PROPERTY.PROBLEM 6.  PLEASE ANSWER  AND SHOW SOLUTION

Select the item that corresponds the statement. Replacement cost Real estate Depreciation External obsolescence Sales comparison approach Lease fee estate Going concern Comparable data Intrinsic value Net operating income Obsolescence Book value depreciation amount cost approach 1. Involves judgment as to the similarity of the subject property with respect to many value factors such as location, size, contract rent levels, quality of construction, reputation and prestige, age, and condition. 2. The amount considered on the basis of an evaluation of available facts, to be the ―true‖ or ―real‖ worth of an item. 3. Changes in competition or in surrounding land uses like an industrial plant near a residential area; This results to loss in value of a real estate. 4. Cost estimate that envisions constructing a structure of comparable utility, employing the design and materials that are currently used in the market 5. The Valuer‘s estimate is based on the reproduction or replacement cost of…

What is the maximum price you would be willing to pay for the business? If an investor group purchased the restaurant near the campus for $255, 867 and the fair value of the assets they acquired was $202,000, identify the account along with its balance, that is used to record the additional amount paid over the fair value of the assets.

Subject: acounting

How much is the new building? under the section of property, plant and equipment, how much should be reported as the total cost of land show solution

17.

Calculate the NOI of a property based upon the information provided below: Building area: Average base rents: .NNN recoveries: Vacancy rate: Operating expenses . . • Percentage rent . Concessions . Annual debt service 165,720 O 315,720 O 375.720 440,220 O 478.500 O None of these 15,000 sqft $27.50 psf $4.00 psf 5.0% $4.30 psf $6,000 per year 3.0% $210,000 per year