alleryStart learning →Derecognition gain or loss is proceeds minus what?
AOriginal cost
BCarrying amount
CRevalued amount
DResidual value
Answer & Solution
Correct answer: B. Carrying amount
It equals net disposal proceeds minus the carrying amount, recognised in profit or loss.
Keep practising Ind AS 36 Impairment of Assets and Ind AS 38 Intangible Assets
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