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Investment properties are measured as follows:             Initial                                     Subsequent cost                                     fair value cost or fair value

Investment properties are measured as follows:             Initial                                     Subsequent cost                                     fair value cost or fair value

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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  1. Investment properties are measured as follows:

            Initial                                     Subsequent

  1. cost                                     fair value
  2. cost or fair value             cost or fair value
  3. fair value                         fair value
  4. cost                                     cost or fair value
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