impairmentForums › Ask ACCA Tutor Forums › Ask the Tutor ACCA SBR Exams › impairmentThis topic has 3 replies, 2 voices, and was last updated 8 years ago by P2-D2.Viewing 4 posts - 1 through 4 (of 4 total)AuthorPosts August 19, 2016 at 1:54 pm #334080 nagadyaMemberTopics: 11Replies: 1☆Hello June 2014 qsn 3 minco part d, there a gain restricted to offset the impairment but it looks like the after ofsetting the impairment was not recognised anywhere. Please help me understand this restriction condition August 23, 2016 at 8:20 am #334658 P2-D2KeymasterTopics: 4Replies: 7136☆☆☆☆☆Hi,I think that should answer your question, let me know if you’re still stuck.Thanks August 24, 2016 at 7:19 am #334860 nagadyaMemberTopics: 11Replies: 1☆Thank you. But now for the case of that qsn above. Where does the balance of 100,000 go after impairment reversal. August 24, 2016 at 4:25 pm #334936 P2-D2KeymasterTopics: 4Replies: 7136☆☆☆☆☆Hi,We cannot record any reversal above the historic cost of the asset, so the 100,000 wouldn’t appear in the financial statements.ThanksAuthorPostsViewing 4 posts - 1 through 4 (of 4 total)You must be logged in to reply to this topic.Log In Username: Password: Keep me signed in Log In