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2F6%2F50%5Bdata-uuid-68366304665540fcbcad57c1408743%.50 274522359 G canadian college 9 01 ACCT101 - Account... Google Slides Glittle parthers? We Impairment losses LL05 Phantom Company was preparing the annual financial
2F6%2F50%5Bdata-uuid-68366304665540fcbcad57c1408743%.50 274522359 G canadian college 9 01 ACCT101 - Account... Google Slides Glittle parthers? We Impairment losses LL05 Phantom Company was preparing the annual financial statements and, as part of its year-end proc the following alphabetized schedule based on adjusted values at March 31, 2020: M MHE Reader New Tab Asset Building. Cost Accumulated Recoverable Depreciation Amount Computer.... $1,200,000 $465,000 $735,000 Furniture... 3,500 1,800 200 Land...... 79,000 53,000 5,000 630,000 Machine..... 790,000 284,000 What, if any, impairment losses need to be accounted for? Assume Phantom Company recorded losses in previous years. 117,000 172,000 QS 9-16 Disposal of nor
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