A fixed asset cost RM^(15),000 and sold for RM^(6),000. At the date of disposal, its net book
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Question:
A fixed asset cost RM^(15),000 and sold for RM^(6),000. At the date of disposal, its net book value of the asset is RM^(2),000.
So how much is the profit or loss on disposal of this fixed asset?
Expert Answer:
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