Assume that a merchandiser performs an impairment test for its car. The carrying amount of the...
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Assume that a merchandiser performs an impairment test for its car. The carrying amount of the car is 20,000$, its fair value less costs to sell is 22,000$, and its value-in-use is 22,500$. The impairment loss is: ? Assume that a merchandiser performs an impairment test for its car. The carrying amount of the car is 20,000$, its fair value less costs to sell is 22,000$, and its value-in-use is 22,500$. The impairment loss is: ?
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As per IND AS 36 Impairment an Asset is to be Impaired when its Carrying Value Recoverable Amoun... View the full answer
Related Book For
Intermediate accounting
ISBN: 978-0077647094
7th edition
Authors: J. David Spiceland, James Sepe, Mark Nelson
Posted Date:
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