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Business, 25.11.2019 23:31 kekeke68

Pearl company owns equipment that cost $927,000 and has accumulated depreciation of $391,400. the expected future net cash flows from the use of the asset are expected to be $515,000. the fair value of the equipment is $412,000. prepare the journal entry, if any, to record the impairment loss. (if no entry is required, select "no entry" for the account titles and enter 0 for the amounts. credit account titles are automatically indented).

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Pearl company owns equipment that cost $927,000 and has accumulated depreciation of $391,400. the ex...
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