Fixed Assets - EBS (MOSC)

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Impairment/writeoff

edited May 30, 2012 5:39PM in Fixed Assets - EBS (MOSC) 5 commentsAnswered
 We have a balance of  $500K NBV remaining for an intangible asset that we have been amortizing.  We have noticed that to writ-off remaining balance in 2012.

What steps for fixed assets system?

retire the asset with 0 proceeds?

Thanks,

 

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