A non current asset has a carrying amount of 20000. it, Ask an Expert

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A non current asset has a carrying amount of $20,000. it could be sold for $18,500 with selling cost of $500. its value in use is $22,000 and its replacement cost$50,000. according to IAS 36 Impairment of Assets, what is the recoverable amount of this asset?

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Category:- Accounting Basics
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