Question
On 1 January 2011, an entity (a publisher) acquired a competitor's publishing title for Ksh 30,000. On 1 January 2014, the entity commenced publishing using
On 1 January 2011, an entity (a publisher) acquired a competitor's publishing title for Ksh 30,000. On 1 January 2014, the entity commenced publishing using the new title. On 31 December 2018, the entity decided to sell the publishing title and took actions that make its sale within 12 months highly probable. The publishing title was sold on 31 March 2019.
The entity shall account for the publishing title as:
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Financial Accounting A Business Process Approach
Authors: Jane L Reimers
2nd Edition
131473867, 978-0131473867
