Friends
Can any one of You give an example about impairment of asset, ie, how the AS on impairment of asset is applied.
Regards,
Friends
Can any one of You give an example about impairment of asset, ie, how the AS on impairment of asset is applied.
Regards,
Friends/Experts
Any thoughts please.
Regards,
Impairment of assets means decrease in value of assets due to sudden decrease i value which depreciation does not show. impairment of assets is only done when certain condition are satisfied
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