Explanation:
pause and take a deep breath
Answer: It is not impaired
Explanation:
Goodwill $ 400,000
Carrying amount. $ 800,000
Fair Value $ 1,000,000
Here, the fair value is more than the carrying amount. When the fair value or
the market value is more than the carrying amount, there is no need of the impairment of goodwill.
a.Goodwill associated with the MLD is not impaired because the fair value is greater than the carrying amount of MLD's net assets including the goodwill.
b. No journal entry is required, since there is no impairment.
<span>One way to answer this is to say it is a trade surplus </span>
Answer:
your time
Explanation:
you didn't list the answers but if I was to take a guess I would say charge for time
Answer:
1
dr Rent expenses 440
cr Prepaid rent 440
Rent december
2
dr Depreciation expenses 183,33
cr Accumulate depreciation 183,33
Depreciation december
Explanation:
1
dr Rent expenses 440
cr Prepaid rent 440
Rent december
2
dr Depreciation expenses 183,33
cr Accumulate depreciation 183,33
Depreciation december
