Ca ratio loss adjustedca land 150000 1533 34546

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Unformatted text preview: ment loss ‐ plant Cr 39 545 Accumulated depreciation & impairment loss ‐ buildings Cr 13 841 Accumulated depreciation & impairment loss ‐ head office building Cr 15 818 7 Division 2: Total assets (carrying amount) Value in use Impairment loss Allocate impairment loss: = $306 000 + $7 000 (1/2 goodwill) + $80 000 (1/2 head office) = $393 000 = $310 000 = $83 000 Write off goodwill of $7 000 Allocate remaining $76 000 to all assets except cash, inventory and receivables. CA Ratio Loss Adjusted CA Land 150 000 15/33 34 546 Buildings 80 000 8/33 18 424 61 576 Furniture 20 000 2/33 4 606 15 394 8/33 18 424 61 576 HO Building 80 000 $76 000 $330 000 However land can only be written down by $15 000 (CA...
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