If a company has an asset with a book value of $200,000 and a fair value of $50,000, the joumal entry to fecord the asset impairment would includes Multiple Choice debit impairment Loss and eredit Accurmulated Depreciation for $50,000 debit Depreciotion Expense and credt Equipment for 5150,000 debit tquipithent and cedit lmpairment loss for $150.000 debie impaiment tots and creds tquipenent for $150.000