Text Message 1761

Misis: Inday, bkit mo binenta
un crang silya?
Inday: I hav computed d
chair’s fair value less cost 2
sell, & d value in use using
projections for 5 years & a
pretax discount rate.
Accordingly, d value in use is
lower, so i decided to sell d
chair, in accordance with PAS
(Phil. Acctg. Standard)18 on
Revenue, PAS16 on
Property, Plant &
Equipment, & PAS36 on
Asset Impairment!
Misis: ADIK k tlga, Inday!

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