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It is expected that the service potential of a non-current asset will decline over time. The appropriate accounting treatment is to: Select one: a.disclose the
It is expected that the service potential of a non-current asset will decline over time. The appropriate accounting treatment is to:
Select one:
a.disclose the effect in the notes to the statement of financial position if it is material in nature.
b.write-off the asset.
c.accrue the difference as a payable in adjusting entries at the end of the period.
d.amortise the asset over its useful life.
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