In 2009, Heisenburg Company acquired production machinery at a cost of €620,000, which now has accumulated depreciation of €345,000. The value in use of the asset is €292,000 and its fair value less cost to sell is €250,000. What amount should Heisenburg recognize as a loss on impairment under IFRS?

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The Answer of In 2009, Heisenburg Company acquired production machinery at a cost of €620,000, which now has accumulated depreciation of €345,000. The value in use of the asset is €292,000 and its fair value less cost to sell is €250,000. What amount should Heisenburg recognize as a loss on impairment under IFRS?

In 2009, Heisenburg Company Acquired Production Machinery at a Cost