A cash-generating unit comprises the following assets: Goodwill Land Plant and equipment Select one: £000 a. £1,200,000 b. £1,142,858 c. £1,055,736 d. £1,010,526 e. £300,000 220 1,280 400 One of the pieces of equipment, carried at £80,000, is damaged and will have to be scrapped. The recoverable amount of the cash-generating unit is estimated at £1,500,000. What will be the carrying amount of the land after the impairment loss has been recognised? 1,900

A cash-generating unit comprises the following assets: Goodwill Land Plant and equipment Select one: £000 a. £1,200,000 b. £1,142,858 c. £1,055,736 d. £1,010,526 e. £300,000 220 1,280 400 One of the pieces of equipment, carried at £80,000, is damaged and will have to be scrapped. The recoverable amount of the cash-generating unit is estimated at £1,500,000. What will be the carrying amount of the land after the impairment loss has been recognised? 1,900

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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kk. Subject :- Accounting