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Hi , please assist with questions 1 . 1 and 1 . 2 and 1 . 3 Q . 1 . 1 Discuss how Boss

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Hi, please assist with questions 1.1 and 1.2 and 1.3
Q.1.1 Discuss how Boss-Inc (Pty) Ltd should treat the dismantling costs related to the plant in the annual financial
(8)
statements.
Q.1.2 Calculate the cost at initial recognition of all the assets mentioned above.
(22)
Hint: for the Building costs show the split between the property, plant and equipment portion of the costs and the investment property portion of the costs.
Q.1.3 Prepare all the journal entries related to the recognition of each of the assets costs calculated in Q.1.2.
(17)
Note: any costs that are not part of the initial cost recognition calculated in Q.1.2 above should be allocated to "Administrative Expenses".
Journal narrations are required.
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