Question
At reporting date, the carrying amount of a cash-generating unit was considered to be have been impaired by $900. The unit included the following assets:
At reporting date, the carrying amount of a cash-generating unit was considered to be have been impaired by $900. The unit included the following assets: Land $4000; Plant $3000; Goodwill $500. The amount of impairment allocated to the land is:
a. $200
b. $229
c. $300
d. $514
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Financial Accounting And Reporting
Authors: Barry Elliott, Jamie Elliott
3rd Edition
0139488944, 978-0139488948
