The cash-generating unit's cash flow forecasts for the next five years are: b) Year Required: a) 2018 2019 2020 2021 202

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The Cash Generating Unit S Cash Flow Forecasts For The Next Five Years Are B Year Required A 2018 2019 2020 2021 202 1 (188.61 KiB) Viewed 11 times

The cash-generating unit's cash flow forecasts for the next five years are: b) Year Required: a) 2018 2019 2020 2021 2022 Estimated Cash Flow (RM'000) 4,900 3,650 2,240 1,500 6,500 At 31 December 2018, the appropriate risk-adjusted pre-tax discount rate for calculating the value in use of the cash-generating unit is 10%. At 31 December 2018, appraisals that are made to the land shows that the fair value of the land is RM4,000,000. Meanwhile, the patent is identified to have a fair value of RM500,000. Determine the amount of impairment loss and allocate it within the scope of MFRS136, Impairment of Assets. (9 marks) Prepare the journal entry to record the impairment loss in (a). (6 marks)