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Inglis Ltd has a number of taxi licences that are shown in the financial statements at cost. Can these licences be revalued at fair value
Inglis Ltd has a number of taxi licences that are shown in the financial statements at cost. Can these licences be revalued at fair value and if so, do they also need to be subject to periodic amortisation?
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Accounting Volume 1
Authors: Charles T. Horngren, Walter T. Harrison, Jo Ann L. Johnston, Carol A. Meissner, Peter R. Norwood
9th Canadian edition
978-013309863, 9780133128338, 013309863X, 133128334, 978-0132690096
