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Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FR Exams › Chapter 26 practice mcq q3 impairment of intangible asset
Please, I have tried all position options . please how is 20160 arrived at. Can you also give the explanation ,stepwise? Thanks.
This is already on my list “To be corrected” – it should be $19,950
Well spotted 🙂
Thanks for this. I spent the whole day trying to get 20160 until I got confused. I got 19950 …thanks Mike!!!
You shouldn’t have spent the whole day! 4 hours would have been enough 🙂
How did we get 19,950 ? Can you please elaborate.
It’s recoverable amount of $21,000 written off for 3 months of a revised estimated useful life of 5 years
Great ! I was only diving it by 5 but forgot to multiply by 3 months instead of full year. Thanks ! 🙂
You’re welcome
