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Question 1 - impairment of individual assets * * : Impairment loss if carrying amount > recoverable amount Question 1 impairment of individual assets Machine
Question impairment of individual assets
: Impairment loss if carrying amount recoverable amount
Question 1 impairment of individual assets Machine 1 2 3 4 6 7 8 9 10 11 Date of acquisition Cost Depreciation rate ccumulated depreciation at 31 Dec. 2018 arrying amount at 31 Dec. 2018 (BEFORE impairment) Fair value less costs of disposal, 31 Dec. 2018 Value-in-use, 31 Dec. 2018 Recoverable amount at 31 Dec. 2018 Any Impairment Loss for 2018? (State "YES" or "NO") Impairment Loss amount for 2018 (S) (If none, 'S'rite SO) Carrying amount at 31 Dec. 2018 reported in the statement of financial position AFTER im airment, i an Beta 1 July 2013 S100,ooo 10% on cost S40,ooo S42,ooo Delta 1 Oct. 2014 S400,ooo 20% on cost S70,ooo S65,ooo Impairment loss if carrying antount > recoverable amount
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