Goodwill impared?
A-Vic
Registered Posts: 6,970 Beyond epic contributor 🧙♂️
Sorry prob a daft question but when it states goodwill has been impaired by 20% do you deduct the percentage from goodwill? Couldnt find anything in my book for it?
Many thanks in advance
Vic
Many thanks in advance
Vic
0
Comments
-
Hi A Vic,
Yes you do with the debit going to retained earnings.
Regards
Steve0 -
Great thanks
0
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