Real Estate
Investment Property Annual Fair Value Loss
Reducing the carrying value of an investment property when market values decline.
| Account Name | Type | Debit ($) | Credit ($) |
|---|---|---|---|
| Loss on Fair Value (P&L) | Expense (+) | 80,000.00 | - |
| Investment Property | Asset (-) | - | 80,000.00 |
💡 Accountant's Note
Under IAS 40, decreases in fair value also go directly to the income statement. This can significantly impact reported profits in a falling market.
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