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Trent Ltd bought a laptop computer for its business that cost 2,000 and it has a net book value of 1,200 after one year.
Trent Ltd bought a laptop computer for its business that cost 2,000 and it has a net book value of 1,200 after one year. If Trent sells the laptop for 700 at that time, the profit/ (loss) on disposal would be:
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Advanced Accounting
Authors: Gail Fayerman
1st Canadian Edition
9781118774113, 1118774116, 111803791X, 978-1118037911
