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1. Cadbury Company, which uses iGAAP, has a postretirement benefit plan. During 2010 Cadbury recognized $30,000 unexpected asset gains in income. Just $10,000 of the gains exceeded the corridor, and the average remaining service lives of Cadbury's employees is 10 years. Discuss how Cadbury's accounting for the unexpected losses would affect comparisons to a U.S. GAAP company with a similar unexpected gain.
You have been asked to provide the journal entries for each calendar month, commencing 1 January 2009 and ending 30 June2009, to record the security in accordance with AASB139 assuming that it is classified as:
mayfair mining company had a total depletable capitalized cost of 656000 for a mine acquired in early 2013. it was
Company purchased 10,000 shares of the stock of Flimsy, and did obtain significant influence. The investment is intended as a long-term investment.How much should the Flip Company report on the balance sheet for the investment in Flimsy as the end of..
discuss some of the presentation differences between the operating statements of not-for-profit and business-type
bentels co. desires a december 31 ending inventory of 2870 units. budgeted sales for december are 4100 units. the
Discuss whether or not you believe human capital should be assessed and reported in the financial statements. Identify how you are defining human capital.
n october 29 2010 lue co. began operations by purchasing razors for resale. the razors have a 90-day warranty that
during the fourth quarter of 2006 cablevision inc. generated excess cash which the company invested in securities as
If you buy stock in a publicly traded firm and then change your mind and decide to sell, you face modest transaction costs. If you buy a private business and change your mind, it is far more difficult to reverse your decision.
for the past several years emily page has operated a part-time consulting business from her home. as of june 1 2010
seikos currently has salary of 130000 and she fancies european sports cars. she purchases a new auto each year. seiko
at the end of the year actual manufacturing over head costs were 120k and applied manufacturing overhead cost were
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