Accountancy, asked by charkha4733, 11 months ago

Smith company purchased a property for 5 million in 2017, it is recorded in its balance sheet at the net book value of 4.2 million at the end of 2018, and its market value is actually around 6 million. Can you explain why there are differences between the numbers above

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Answered by daredevil2492
0

Answer:

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