In 2011,Bellding Inc.acquired production machinery at a cost of £630,000,which now has accumulated depreciation of £380,000.The value in use of the machinery is £195,000.and it's fair value let cost to sell is £225,000.What amount should Condor recognize as a loss on impairment?
A)£155,000
B)£30,000
C)£25,000
D)-0-

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The Answer of In 2011,Bellding Inc.acquired production machinery at a cost of £630,000,which now has accumulated depreciation of £380,000.The value in use of the machinery is £195,000.and it's fair value let cost to sell is £225,000.What amount should Condor recognize as a loss on impairment?
A)£155,000
B)£30,000
C)£25,000
D)-0-