September 2023 Hovea Ltd has determined that its transport division has suffered an impairment loss

2024 Hovea Ltd has determined that its transport division has suffered an impairment loss of $52 000 for the year ended… Assignment Help

Hovea Ltd has determined that its transport division has suffered an impairment loss 2023

Hovea Ltd has determined that its transport division has suffered an impairment loss of $52 000 for the year ended 30 June 2013. At that date the carrying amount of the division’s assets were $ Receivables 31 000 Inventory 18 000 Land 150 000 Trucks (net) 250 000 Servicing Unit 50 000 Required Allocate the loss across the assets of the CGU in accordance with AASB 136, paragraph 104. Show all workings. (3 Marks)

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