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

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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)

 

Paper#77318 | Written in 18-Jul-2015

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