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    Jan 31, 2011, 11:49 PM
    BCVR entries for amortisation and impairment loss for patent
    The fair value of the patent was $30000(28 June 2007) and legally enforceable for a period of 10 years. In June 2008, the patent was impaired by $9000. What is the entry for 30 June 2009?

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