Parkes Limited recognised an impairment loss of $20 000 against a cash-generating unit containing the...
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Accounting
Parkes Limited recognised an impairment loss of $20 000 against a cash-generating unit containing the following assets: buildings $50 000; roads $110 000; equipment $40 000. The net carrying amount of the roads after allocation of the impairment loss is:
a)$ 90 000
b)$ 45 000
c)$ 99 000
d)$ 36 000
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