provide workings and journal entries for the impairment loss of the division assuming that the...
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Accounting
provide workings and journal entries for the impairment loss of the division assuming that the fair value of the land is $62,500. The carrying value of the asset at 30 June 2016 is $75,000.
Carrying Value - $75000 less Recoverable Amount - ? Impairment Loss - ?
Journal Entries?
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