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need help with impairment loss Shown bolow are the T accounts relating to eevitimeor that was pord uyed for cash ty a compally nn the

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Shown bolow are the T accounts relating to eevitimeor that was pord uyed for cash ty a compally nn the fitst did of the nument year The T accounts show the balance in the accounts cen danuary 1 alone with the effects of transactionsriscorded on Decomber al ef the curcent vear- The equipmerit was depreciated on a straight-line basid with an estirtated useful life of 10 years and aresidual wolue ol 51 60. Part of the cquiamenit was sold on the last day of the carrent year for eash proceeds while the remairiven coal posent thiat was not sold becime impaited Recorstruct the journal entries to record the followint and derive the missire amounts. (ligh ail debit entriej before eredit entries Creafit account tities are automotically indented when the amount is entered. Do not indent manually. If no entry is reesirnd. select "No Entry" for the account titiles and enter of for the amounts.) (a) Furchase of equipenentan January 1. What was the cash paid? (b) Depreciation recorded on December 31. What was the depreciation ceperse? (c). Sule of part of the equipenent on December 31. What was the gain on disposal? (t) Partial impairment loss oe the remaining equigment on December 31. Whas was the impairment ioss? Shown bolow are the T accounts relating to eevitimeor that was pord uyed for cash ty a compally nn the fitst did of the nument year The T accounts show the balance in the accounts cen danuary 1 alone with the effects of transactionsriscorded on Decomber al ef the curcent vear- The equipmerit was depreciated on a straight-line basid with an estirtated useful life of 10 years and aresidual wolue ol 51 60. Part of the cquiamenit was sold on the last day of the carrent year for eash proceeds while the remairiven coal posent thiat was not sold becime impaited Recorstruct the journal entries to record the followint and derive the missire amounts. (ligh ail debit entriej before eredit entries Creafit account tities are automotically indented when the amount is entered. Do not indent manually. If no entry is reesirnd. select "No Entry" for the account titiles and enter of for the amounts.) (a) Furchase of equipenentan January 1. What was the cash paid? (b) Depreciation recorded on December 31. What was the depreciation ceperse? (c). Sule of part of the equipenent on December 31. What was the gain on disposal? (t) Partial impairment loss oe the remaining equigment on December 31. Whas was the impairment ioss

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