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24. An asset is sold for N$230,000 (excluding VAT). Carrying amount is N$200,000...

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24. An asset is sold for N$230,000 (excluding VAT). Carrying amount is N$200,000. What is the profit or loss on disposal?

Profit of N$34,500

Loss of N$30,000

Profit of N$30,000

100%

Profit of N$26,087

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