Wireless communications is likely to be viewed as an essential part of an enterprise network infrastructure when communication must take place in a difficult terrain where wired communication is difficult or impossible to build.
<span>salaries payable: (17,800/5)*2= 7,120 (credit)
salaries expenses: 7,120 (debit)</span>
Answer:
The amount of the impairment loss for this asset is <u>$110,000</u>
Explanation:
A assets is impaired when the fair market value of that assets lowers than the book value of the asset.
To calculate the impairment of an assets following formula is used
Impairent = Book value of Asset - fair market value of the asset
Placing values in the formula
Impairent = $700,000 - $590,000
Impairent = <u>$110,000</u>
