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A company sells a property, plant and equipment, which is followed at historical cost in the balance sheet and appears as 120,000 TL, for 40,000
A company sells a property, plant and equipment, which is followed at historical cost in the balance sheet and appears as 120,000 TL, for 40,000 TL on 31.12.2019. This asset, which has a useful life of 2 years left, has been used for 8 years. The asset is subject to regular depreciation. Record/write down the sales.
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