Determine the recoverable amount of each of the following four assets and state the amount of any
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Determine the recoverable amount of each of the following four assets and state the amount of any impairment loss which should be recognised in each case:
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Carrying amount Fair value less Value in use costs of disposal Asset 1 . ..25,000. .2,500.. Asset 2 .6,500. . Asset 3 . .18,250. . Asset 4 . .11,400.. . . .27,500 ...4,800 . .15,000 .12,750 .3,750... .17,500..... .13,400...
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Related Book For
International Financial Reporting A Practical Guide
ISBN: 978-1292200743
6th edition
Authors: Alan Melville
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