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Company provided the following information picture one. Is there a goodwill impairment loss under IFRS? Prepare the required journal entries and assume there are no
Company provided the following information picture one. Is there a goodwill impairment loss under IFRS?
3 of 10 i Data Table Fair Value of the CGU Value in Use of CGU Book Value of the CGU, including $290 goodwill S 720 S 570 $ 900 PrintDone e input fields ang then continue to the next Prepare the required journal entries and assume there are no disposal costs associated with the sale of the cash generating unit step one can get the impairment test for Goodwell under IFRS
Step to complete the impairment test for Goodwill identify the impairment loss. Options for part one into book value of net assets including Goodwell, for value of CGU, goodwill impairment loss, implied for a value of goodwill, value of CGU
Options for part two caring value of CGU at year end, implied fair value and discounted future cash flow's and recoverable amount of CGU
Journal entry options no entry required, book value of reporting unit, goodwill, fair value of individual on the assets, impairment loss on Goodwill, applied for value of Goodwill
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