In 2010,TallyHo Farms Acquired Production Machinery at a Cost of £410,000.In

question 48

Multiple Choice

In 2010,TallyHo Farms acquired production machinery at a cost of £410,000.In 2013 when accumulated depreciation was £160,000,Banbung reported an impairment loss of £75,000.Now,in 2017 the machinery has a book value of £140,000.The recoverable amount of the machinery is £235,000.and its value in use is £210,000.During impairment testing,Bambung recognized the possibility of a reversal of the previous impairment loss.What amount,if any,should Bambung recognize as a reversal of impairment loss?

• A)£95,000
• B)£75,000
• C)£40,000
• D)£25,000

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Definitions:

Pustule

Small elevation of the skin filled with lymph or pus.

Arthritis

Inflammation of a joint.

Integumentary

Pertains to the integument or skin, which is the body's largest organ, covering and protecting it.

Malignant Melanoma

This is a serious skin cancer originating from pigment-producing cells, known for its ability to rapidly spread to other organs if not treated early.