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The net assets of Berose, a Cash Generating Unit, are GHS Property Plant and Equipment .. 130,000 Allocated Goodwill .. 120,000 Product Patent .. 50,000
The net assets of Berose, a Cash Generating Unit, are
GHS
Property Plant and Equipment .. 130,000
Allocated Goodwill .. 120,000
Product Patent .. 50,000
Net current asset .. 50,000
Total .. 350,000
As a result of adverse publicity, Berose has a recoverable amount of only GHS200,000
You are required to allocate the impairment loss and show the new net asset of Berose after the allocation.
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