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Kindly confirm the treatment of impairment of financial instrument held as AFS:

Before Impairment (asset is a Bond)
Asset at Fair Value 9050
Asset Face Value 10000
Fair value deficit (in equity) 950

When impaired entry is made:

Impairment expense (In PnL) DR 950
Deficit on fair value (In equity) Cr 950
in my opinion your entry in correct.
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