Last year Blair Company recorded an impairment on an intangible asset held for use. Recent appraisals indicate

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Last year Blair Company recorded an impairment on an intangible asset held for use. Recent appraisals indicate that the asset has increased in value. Should Blair record this recovery in value?


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Intermediate Accounting principles and analysis

ISBN: 978-0471737933

2nd Edition

Authors: Terry d. Warfield, jerry j. weygandt, Donald e. kieso

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