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How much is the gain on reversal of impairment on December

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Question - On December 31, 20x2, Entity A determines an indication that the impairment loss recognized in the prior period may no longer exist. The revised recoverable amount of the building on December 31, 20x2 is 1,280,000. If no impairment loss had been recognized in the prior period, the carrying amount of the building on December 31, 20x2 would have been 1,200,000. How much is the gain on reversal of impairment on December 31, 20x2?

Reference no: EM132938926

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