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land and building was acquired on March 1, 2011 and will be depreciated on a straight-line basis by 2% per annum, taking

Posted: Tue Nov 16, 2021 9:00 am
by answerhappygod
land and building was acquired on March 1, 2011 and will be
depreciated on a straight-line basis by 2% per annum, taking into
account 10% salvage value. The real estate valuation on the day of
purchase was a total of ISK 850,000, of which the real estate
valuation of the house was ISK 680,000.
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