An Appropriate Journal Entry to Recognise an Impairment Loss Under $\quad$

An appropriate journal entry to recognise an impairment loss under the cost model is:

A) DR $\quad$ Accumulated impairment losses
CR $\quad$ Impairment loss
B) DR $\quad$ Accumulated impairment losses
CR $\quad$ Asset revaluation (Equity)
C) DR $\quad$ Impairment loss
CR $\quad$ Accumulated depreciation and impairment losses
D)
DR $\quad$ Revenue
CR $\quad$ Impairment loss