X H Be My Grades-Accounting Inf xa www.google.com-x Qwhatsapp web-a C Home Student Grades C https://web.whatsapp.com A Question 7 0 out of 1.5 points Why does a seller need to give trade-in allowance to a buyer? Question 8 1.5 out of 1.5 points At the end of 2021. Samad company tested impairment on an equipment it bought for $10,000 on 31st January 2018. If the company wanted to sell the equipment, there is need for repairs that would cost $2,000 and some logistics that would costs $1,000. The equipment has incurred depreciation of $1,000 yearly since purchase. The value if it would used is $6,000 and selling would fetch $7,000. As the company accountant, what advice would you give the company? Question 9 1.5 out of 1.5 points Which of the following statements is wrong about tangible and intangible assets? Question 10 1 out of 1.5 points If a commodity is a perishable one, the practical method to value its inventory is: 1 joo E a 7:16 AM 5/23/2022