A company purchased an asset on 1 January 203 for SAR60,000. The asset is held using the cost model. The estimated useful life of the asset is 10 years and the asset has no residual value. On 1 January 206 an impairment review was conducted, and the asset was found to have a recoverable amount of SAR33,000. What is the debit account required to record the impairment in the financial statements for the year-ended 31 December 206 ? A. Debit impairment expense SAR27,000 B. Debit property plant and equipment SAR9,000 C. Debit property plant and equipment SAR27,000 D. Debit impairment expense SAR9,000 1. A 2. B 3. C 4. D