Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Boafo Bottling Ltd owns a bottling plant with an original cost of GHS200,000. It was acquired in January 2011. On acquisition, management determined that the useful life was 10 years and the residual value would be GHS20,000. The asset is now 8 years old , and during this time there have been no revisions to the assessed residual value. At the end of year 8 (as at 31 December 2018), management has reviewed the useful life and residual value and has determined that the useful life [from date of acquisition] can be extended to 12 years in view of the maintenance program adopted by the company. As a result, the residual value will reduce to GHS10,000. Required
Question 1: Determine how the asset will be accounted for in the 2015 financial statements ( Statement of Profit and Loss for 2019 and Statement of financial position as at 31 December 2019)
Financial Statement Analysis and Preparation
Describe the ways that a person can become a shareholder of a company. Why Wal-Mart would split its stock?
An understanding of financial and accounting principles can be a valuable tool for managers. While not all managers will find themselves calculating financial ratios or preparing annual financial data.
Prepare a Statement of Cash Flow using the Direct Method and Prepare the Operations section of the Statement of Cash Flow using the Indirect Method.
This assignment has one case study and two question apart from case study. Questions related to document Liquidation question and Company financial statements question - Torquay Limited
Prepare general journal entries for Goela Ltd
Prepare the journal entry to record the acquisition of the assets.
Prepare general journal entries to record the transactions, assuming use of the periodic inventory system
Compare the view espoused by the economist Milton Friedman about the social responsibilities of business with the views express by Stigler.
Explain the IASB Conceptual Framework's perspective of users and their decisions.
T he focus of the report is to determine the extent to which you are comfortable relying on the financial statements as presented by management .
Computation of Free Cash Flow
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd