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Calculate the impairment loss for prior years

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Reference no: EM132321955

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The question is related to consolidation (accounting) Endgame company acquired GOT Ltd on 1/7/15.

The directors apply impairment test for goodwill annually. At 30/6/18, the cumulative goodwill impairment write-downs for prior years totalled: $185,000. How do we calculate the impairment loss for prior years.

Reference no: EM132321955

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Calculate the impairment loss for prior years : At 30/6/18, the cumulative goodwill impairment write-downs for prior years totalled: $185,000. How do we calculate the impairment loss for prior years.
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