What do you know about impairment loss, Journal entry for provision and Depreciation, Tell something about investment banking and financial products

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Impairment loss is a reduction in the value of an asset, provision is an estimate of a liability, depreciation is the allocation of an asset's cost over its useful life, investment banking deals with raising capital and financial products are instruments used for investment and risk management.

Impairment loss occurs when the carrying value of an asset exceeds its recoverable amount.
Journal entry for provision involves debiting the expense account and crediting the provision account.
Depreciation is calculated using various methods such as straight-line, declining balance, and units of production.
Investment banking involves underwriting securities, mergers and acquisitions, and providing financial advice to clients.
Financial products include stocks, bonds, options, futures, and derivatives.

What do you know about impairment loss, Journal entry for provision and Depreciation, Tell something about investment banking and financial products

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