Technically, it should be net against the asset account directly (before the accumulated depreciation).

cactus101 (贤锡饭)
You could have directly credit it to the asset account. If you set up an accumulated impairment loss account to keep track the amount of loss recognized (so that you may reverse it if the asset value goes up in the future), it's not technically wrong. You should check your accounting policy for FA to see which model is used by your company, since it could be credited to an equity account as well.
2015-1-22 -05:00
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Back To Topic: Hi all, I have a question regarding the FA impairment loss

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