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3 Cards in this Set

  • Front
  • Back

Bonds payable

A) amortised cost using effective interest method


B) fv thru p/l

Change in classification of non current asset held for sale - not to sell anymore or criteria not met anymore

Lower between its CARRYING AMOUNT had it not been held for sale & RECOVERABLE AMOUNT

What is the recoverable amount of a non current asset hfs?

Higher between FV-CTS & VALUE IN USE