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Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FA – FIA FFA › question
as in ch 2 on current & non current asset discussion…………….in case the business plan to sell their entire land & building in next 4 months after preparation of statement of final position, will then the company show the land under current asset instead of non current
No – they remain as non-current assets. (How we deal with their sale is dealt with in a later chapter.)
