Page 122 - Financial Accounting 1 ITC Preparation June 2018
P. 122

ITC EXAM PREP – JUNE 2018




                                        Definitions (IAS16.6)










                                           Useful life VS economic life ??











                                                                            Estimated amount from

                                                                            disposal if asset were

                                                                            already at the age and
                         Residual value
                                                                            condition expected at end
                                                                            of useful life

















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