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Presented belowis information related to equipenent owned by Metlock Company at December 31,2025 . Assume that Metiok will continue to use this asset in the
Presented belowis information related to equipenent owned by Metlock Company at December 31,2025 . Assume that Metiok will continue to use this asset in the future. As of December 31,2025 , the equipment has a remaining useful life of 5 voars. vrepare the journal entry bif ary to record the impairment of the asset at December: 31, 2025. (1) no entry is required, select "No entry" for the occoont tities and enter O for the amounts. Credit account titles are automotically indented when amount is entered, Do not indent manually. List debit entry before credit entry]
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