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Calculate the net book value of non-current assets at march

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The net book value of a Peanut Ltd.'s non-current assets was £2,000,000 at 1 April 2020. During the year ended 31 March 2021, the company disposed of noncurrent assets for £240,000 on which it made a loss of £50,000. The depreciation charge for the year was £170,000.

Required:

Problem 1: Calculate the net book value of non-current assets at 31 March 2021.

Reference no: EM132950132

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