Inventory impairment - impairment losses

Inventory impairment allowance is subject asset class, as a reduction of inventory costs.
It increases and decreases in general and asset class accounts contrary, the loan is increased by reducing.
Asset impairment loss is the profit and loss account, is an expense of the current period.
On behalf of the borrower to increase, decrease credit on behalf of, or can be said to be written off.

If it is determined impairment exists, of course, is to reduce assets and increase current expenses,
entries should be, to borrow the loan impairment losses for inventory devaluation
result is to reduce the current income, reducing asset inventory.

If a subsequent case before the judge makes the case for impairment of inventories eased, so have withdrawn provision can be reversed.
This means that the value of the stock can recover,
of course: by inventory impairment Loan impairment losses
As a result, lenders have been prepared by the borrower turn out.