Start learning →

How are assets held for sale shown in the balance sheet?

ANetted against liabilities
BSpread across PPE lines
COmitted until sold
DAs one total line item
Answer & Solution
Correct answer: D. As one total line item
Ind AS 105 held-for-sale assets and disposal group assets are presented as a single total line.
Practise this question with Quill — CA Final →

Keep practising Ind AS 1 Presentation of Financial Statements

Browse all Ind AS 1 Presentation of Financial Statements questions for CA Final, or explore more Financialreporting topics.

Start a Ind AS 1 Presentation of Financial Statements lesson →
Related questions