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Gairdner Limited Recognised an Impairment Loss of $50 000 Against

Question 18

Multiple Choice

Gairdner Limited recognised an impairment loss of $50 000 against a cash-generating unit consisting of the following assets: buildings $500 000; roads $300 000; and equipment $600 000.The net carrying amount of the roads after allocation of the impairment loss is:


A) $310 714.
B) $278 571.
C) $289 286.
D) $282 143.

Correct Answer:

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