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On 1 December 2021, the company decided to sell the machinery. All the criteria necessary for the reclassification as a non-current asset held for sale
On 1 December 2021, the company decided to sell the machinery. All the criteria necessary for the reclassification as a non-current asset held for sale were met on this date. The following information was relevant on this date: - Fair Value - N\$200000 - Cost to sell - N\$10000 - Value in use - N\$160000 On 1 December 2021, the company decided to sell the machinery. All the criteria necessary for the reclassification as a non-current asset held for sale were met on this date. The following information was relevant on this date: - Fair Value - N\$200000 - Cost to sell - N\$10000 - Value in use - N\$160000
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