Impairment

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August 31, 2018 at 2:07 pm #470521

alikhakar
Participant

Does the impairment of assets gets added to its total accumulated depreciation ?

September 1, 2018 at 7:54 pm #470710

P2-D2
Keymaster

Hi,

Yes, any impairment of PPE is usually credited to the accumulated depreciation account.

Thanks
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