The information that follows relates to equipment owned by Sweet Acacia Limited at December 31,2023...
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Accounting
The information that follows relates to equipment owned by Sweet Acacia Limited at December : Cost Accumulated depreciation to date Expected future net cash flows undiscounted Expected future net cash flows discounted value in use Fair value Costs to sell costs of disposal $ Assume that Sweet Acacia will continue to use this asset in the future. As at December the equipment has a remaining useful life of four years. Sweet Acacia uses the straightline method of depreciation. 
The information that follows relates to equipment owned by Sweet Acacia Limited at December :
Cost
Accumulated depreciation to date
Expected future net cash flows undiscounted
Expected future net cash flows discounted value in use
Fair value
Costs to sell costs of disposal
$
Assume that Sweet Acacia will continue to use this asset in the future. As at December the equipment has a remaining useful
life of four years. Sweet Acacia uses the straightline method of depreciation.
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