An asset's carrying amount is OMR 50,000. Its fair value OMR 40,000 and costs of...
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Accounting
An asset's carrying amount is OMR 50,000. Its fair value OMR 40,000 and costs of disposal is OMR 3000 and its value in use is OMR 36,000. There is an impairment loss of:
a) OMR 10,000
b) OMR 14,000
c) OMR 13,000
d) No impairment loss
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