Constructor Limited estimated an impairment loss of OMR 5000 against its single cash-generating unit. The company had the following assets: Headquarters Building OMR 10000; Construction Plant OMR 6000; Equipment OMR 4000. The allocation of the impairment loss to the Equipment shall be; OMR 1500 OMR 2000 OMR 1000 OMR 3000

Constructor Limited estimated an impairment loss of OMR 5000 against its single cash-generating unit. The company had the following assets: Headquarters Building OMR 10000; Construction Plant OMR 6000; Equipment OMR 4000. The allocation of the impairment loss to the Equipment shall be; OMR 1500 OMR 2000 OMR 1000 OMR 3000

Intermediate Accounting: Reporting And Analysis

3rd Edition

ISBN:9781337788281

Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach

Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach

Chapter12: Intangibles

Section: Chapter Questions

Problem 6E

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Shine Ltd estimated an impairment loss of $10,000 against its single cash-generating unit. The company had the following assets: headquarters building $129573; plant $81501; goodwill $14190. The net carrying amount of the plant after allocation of the impairment loss is: A. 81501 B. 3618 C. 3861 D. None of these
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