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Write essay on impairment loss for cash generating units

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Reference no: EM131502182 , Length: word count:1000

Part A -

Write a 1000 word short essay about the following: Impairment loss for Cash generating units excluding Goodwill

Part B -

"Gali Ltd has determined that its fine china division is a CGU. The carrying amounts of the assets at 30 June 2015 are as follows:"

Account

Carrying Amount

Patent

390000

Equipment

90000

Fittings

57000

Inventory

25000

Goodwill

21000

Total CA

583000

Gali Ltd calculated the value in use of the division to be: 520000

If the fair value less costs of disposal of the Patent is: 374749

Required - Prepare the journal entry(ies) for any impairment loss occurring at 30 June 2015 including supporting calculations.

Need to complete only Part A only.

Reference no: EM131502182

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Reviews

len1502182

5/20/2017 3:30:55 AM

Australian student, I need to complete only Part A only i.e., 1000 words short essay. It should be Aerial font 12.it should have 6 academic journal references. This assignment has 2 parts, 1000 + 10% word theory interpretation essay and a response to a practical application of the theory. The assignment must be typed, use Arial font, 12, to avoid plagiarism, make sure you do proper referencing, at least use 6 references, to be submitted the soft copy in Turnitin and hard copy in lecture Week 10. Please ensure you attach a KOI assignment cover sheet, with ID numbers and signed. Late assignments will be penalised, 10% deduction per day.

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