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How do we recognize a reversal of impairment of an asset? What are the accounting entries that need to be passed as per IFRS 36?
in IAS 36 - Impairment of Assets by Level 1 Member (1.1k points)
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1 Answer

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Just reverse the entries you posted when you impaired the asset.

DR-impairment provision
CR-income statement (other income etc.)
by Level 2 Member (4.3k points)


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