abcd Ltd owned and leased out a town building. This was classified as investment property on $31$ December $2021.$ During

a freak accident, the owners had to relocate to its town building. The tenants were forced to move out from $1$ June $2022.$

On $31$ December $2021,$ the fair value of building was R$425000.$ On $1$ June $2022,$ the fair value of the building is

R$475000.$

It had a remaining useful life of $10$ years and a residual value of R$6000.$

Journalise the above transaction for the year ended $31$ December $2021$ and $31$ December $2022($journal narration are

required$)$