Assume that the fair value of the Sheridan division is $1,852,500 instead of $2,090,000. Prepare...
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Assume that the fair value of the Sheridan division is $ instead of $ Prepare the journal entry to record the impairment loss, if any, on December If no entry is required, select No Entry" for the account titles and enter for the amounts. Credit account titles are automatically indented when the amount is entered. Do not indent manually. List debit entry before credit entry. 
Assume that the fair value of the Sheridan division is $ instead of $ Prepare the journal entry to record the impairment loss, if any, on December If no entry is required, select No Entry" for the account titles and enter for the amounts. Credit account titles are automatically indented when the amount is entered. Do not indent manually. List debit entry before credit entry.
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