How to Account for Impairment of Equipment: A Case Study of Suarez Company at December 31, 2017

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What is Impairment of Equipment? Impairment of equipment is a situation where the carrying amount of an asset (the amount recorded in the balance sheet) exceeds its recoverable amount (the higher of its fair value less costs of disposal and its value in use). When this happens, the asset is said to be impaired and … Read more

Is Dane Witherspoon Related to Reese Witherspoon? The Truth About the Soap Star and the Oscar Winner

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Reese Witherspoon is one of the most successful and influential actresses in Hollywood, with an impressive resume of roles in films such as Legally Blonde, Walk the Line, and Wild. She is also a producer, entrepreneur, and activist, who has been named one of the 100 most powerful women in the world by Forbes But … Read more

Is Princess Cadence Related to Celestia? The Truth Behind the Alicorn Family Tree

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Princess Cadence is one of the four alicorn princesses in Equestria, along with Princess Celestia, Princess Luna, and Princess Twilight Sparkle. She is the co-ruler of the Crystal Empire with her husband, Shining Armor, and the mother of Flurry Heart, the first natural-born alicorn in Equestria. But what is her relationship with Princess Celestia, the … Read more