What do the conditions which must be satisfied in order for the sale of an asset to be deemed "highly probable" include?

Question

a.	Management is considering a plan to sell the asset
b.	The asset is being marketed at a price which greatly exceeds its fair value
c.	A completed sale is expected within five years
d.	None of the above

Prince Ninan · Answer

Management is considering a plan to sell the asset

zaki Al-Hashmi · Answer

must be follow them and ask them about the services which are have them

Samir Nimbalkar · Answer

During the third year, Delta

Company realizes that the truck is only going to last a total of5 years. The truck is depreciated on the

straight-line basis and has no estimated salvage value.

At year3 the depreciation expense of the truck is:

a/Twenty thousand

b/Nine thousand .

c/Eighteen thousand

d/Twenty seven thousand.

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What do the conditions which must be satisfied in order for the sale of an asset to be deemed "highly probable" include?

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