Question
The question is related to consolidation (accounting) Endgame company acquired GOT Ltd on 1/7/15. The directors apply impairment test for goodwill annually. At 30/6/18, the
The question is related to consolidation (accounting)
Endgame company acquired GOT Ltd on 1/7/15.
The directors apply impairment test for goodwill annually. At 30/6/18, the cumulative goodwill impairment write-downs for prior years totalled: $185,000. How do we calculate the impairment loss for prior years.
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Management Accounting
Authors: Kim Langfield Smith, Helen Thorne, David Alan Smith, Ronald W. Hilton
7th Edition
978-1760421144, 1760421146
