please fast

- Any 2001 00 200.000 A welcome in the future. As of December 31, 2001, the equipment has remaining of 4 years the ouma try and the insient of the car December 31, 2001. (2 Mark) Pre the mal entry to record depreciation expense for 2002. Marks) where we amount of the assets at December 31, 2003 is 8,000,000. Prepare the journal entry to record this change in fait value. (2 Mires) for the ALTO ALTUN FROM B US ra A Op 1. co PRES Question Question 316 Mark) Presented below is ination related equipment and by ABC Company at December 31, 2001 Cost 30,000,000 Accumulated depreciation to date 4.500.000 Vilius 9,000,000 Fair valoe les cost of disposal 10,400,000 Asume that ABC will continue to use this set in the future. As of December 31, 2001, the equipment has a remaining useful life of 4 years Instructions Prepare the journal entry if any) to record the impairment of the asset at December 31, 2001. (2 Marks) Prepare the journal entry to record depreciation expense for 2002 (2 Marks) Assume that the recoverable amount of the assets at December 31, 2003 is 8,000,000. Prepare the journal entry to record this change in fair value. (2 Marks) For the toolbar, press ALTRID POOR ALTEN.Fac). BIS Paragraph Arial 10pt Av T. EE X X, & T The TT 1992 OQS- + +