Question: Explain: a. Invstment property undr MFRS 140 Investment Property and explain why its accounting treatment is different from that of owner-occupied property. (6 marks) b.

Explain: a. Invstment property undr MFRS 140 Investment Property and explain

Explain: a. Invstment property undr MFRS 140 Investment Property and explain why its accounting treatment is different from that of owner-occupied property. (6 marks) b. The accounting treatment of an investment property carried under the fair value model differs from an owner-occupied property carried under the revaluation model. (6 marks) c. The accounting treatment for a building which is partly used as an investment property and partly occupied by the owner

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