QUESTION 1 (40 marks) Highrise Limited is a property development company. The company has a June finan- cial year-end. The accountant of Highrise Limited, Mr. Price, has approached you for advice on IAS 40 Investment Properties. Mr. Price has requested your assistance re- lating to the following transactions that occurred during the current financial year-end, 30 June 2023: Transaction 1: The head office building, which […]