a. Explain why non-current assets held for sale should be presented separately from other non-current assets. b.

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a. Explain why non-current assets held for sale should be presented separately from other non-current assets.
b. Explain why non-current assets held for sale should he recorded at the lower of their (i) carrying value and (ii) fair value less cost to sell.
c. Explain why non-current assets held for sale should be valued using fair value less cost to sell rather than the value in use.
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Intermediate Accounting

ISBN: 978-0132612111

Volume 1, 1st Edition

Authors: Kin Lo, George Fisher

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