Date segura Corporation completed all of its April 30, 2015, adjustments in preparation for preparing its financial statements, which resulted in the following adjusted trial balance Adjusted Tral Balance a) Prepare the entry (entries) to record any impairment losses at April 30, 2015. Assume the company recorded no Accounts payable $4,800 Impairment losses in previous years. Enter an appropriate description when entering the transactions in the journal Accounts receivable Dates must be entered in the format ddimmm(eJanuary 15 would be 15/Jan). For each journal entry, indicate how 8,900 each account affects the balance sheet (Assets, Liabilities, Equity). Use for increase and for decrease For Accumulated depreciation building 34.000 example, if an account decreases equity, choose Equity Accumulated depreciation equipment 16,800 Accumulated depreciation, furniture General Journal 9,700 Effect on Page 1 Allowance for doubtful accounts Account Explanation F Debit Credit Balance Sheet 420 Building 63.000 Cash 5,000 Equipment 42.000 Expenses, including cost of goods sold 349.000 Furniture 20.000 b) Prepare a classified balance sheet at April 30, 2015 Share capital 26,400 fone) Land 48,000 Balance Sheet Merchandise inventory 16,300 Lonel Long-term notos payable 38,000 Retained earnings 40,000 Sales 384,450 Uneamed revenue 3,630 1) All accounts have normal balances. 2) $11.700 of the note payable balance is due by April 30, 2016 The final task in the year-end process was to assess the assets for impairment, which resulted in the following schedule. Asset Recoverable Value Land $50,100 Building 31,100 Equipment 23,200 Furniture 17 400