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Chapter 6 314 However, it was determined at year-end that goodwill is impaired by P8,000. Requirement: Prepare a draft of the December 31, 20x1 consolidated

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Chapter 6 314 However, it was determined at year-end that goodwill is impaired by P8,000. Requirement: Prepare a draft of the December 31, 20x1 consolidated statements of financial position and consolidated statement of profit or loss. DN on Chapter 6 314 However, it was determined at year-end that goodwill is impaired by P8,000. Requirement: Prepare a draft of the December 31, 20x1 consolidated statements of financial position and consolidated statement of profit or loss. DN on

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