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3. A Company Ltd carried out an impairment test of all its assets in a CGU following the Covid lockdown. The test resulted in an
3. A Company Ltd carried out an impairment test of all its assets in a CGU following the Covid lockdown. The test resulted in an impairment loss of $1200 against its cash-generating unit, which consist of the following assets: Headquarters Building $3 000. Construction Plant $1 600. Cooling Plant $500. Equipment $400. Required: Calculate the net carrying amount of the assets after allocation of the impairment loss
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