Question: Question 10 (2 marks) Leasehold repairs at Grier Ltd increased the residual life of the property to 30 years. Total leasehold costs were 12M. The

Question 10 (2 marks)

Leasehold repairs at Grier Ltd increased the residual life of the property to 30 years. Total

leasehold costs were 12M. The lease carrying value at the end of this year will be nearest:

A. 11.800.000 B. 11.600.000:

C. 11.500.000 D. None on these:

could you please explain how u arrived to your answer. thank you

Question 10 (2 marks) Leasehold repairs at Grier Ltd increased the residual life of the property to 30 years. Total leasehold costs were 12M. The lease carrying value at the end of this year will be nearest: A. 11,800.000 B. 11,600,000; C. 11,500,000 D. None on these;

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