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  3. 6. in 2013, cowboys coaching acquired computers fo

6. In 2013, Cowboys Coaching acquired computers for the use of its office employees. By...

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Accounting

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6. In 2013, Cowboys Coaching acquired computers for the use of its office employees. By the end of 2018 , the carrying value of the computers was $8,500. However, the estimated future cash flows for the computers was $7,500 and the fair value of the computers was $7,000. Record the journal entry to recognize the impairment of the computers at the end of 2018

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