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Business, 29.01.2020 04:44 anthonyherd18
Marigold company owns equipment that cost $936,000 and has accumulated depreciation of $395,200. the expected future net cash flows from the use of the asset are expected to be $520,000. the fair value of the equipment is $416,000. prepare the journal entry, if any, to record the impairment loss.
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Marigold company owns equipment that cost $936,000 and has accumulated depreciation of $395,200. the...
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