Question

$\huge\boxed{\fcolorbox{black}{magenta}{what do you mean by impairment of assetswhat do you mean by impairment of assets }}$​

Answer 1

Answer:

❤"""An impaired asset is an asset that has a market value less than the value listed on the company's balance sheet. When an asset is deemed to be impaired, it will need to be written down on the company's balance sheet to its current market value."""❤

Answer 2

Explanation:

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