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Single choiceIntermediatePublished

Question · Amortisation of unused assets

Corvenne acquired a licence for training content for 60,000, amortised on a straight-line basis over 10 years with no residual value. In 20X3, for lack of trainers, the licence is not used at all; it is not classified as held for sale and will be used again in 20X4. What amortisation charge does Corvenne recognise for 20X3?

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