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!
Additional information
Relevant exchange rates are: 1 July 2014
A$1.00 = HK$4.00
Plant, equipment and inventory acquired
AS1.00 = HK$4.00
Long-term bonds issued
AS1.00 = HK$3.50
Land acquired
A$1.00 = HK$3.50
A$1.00 = HK$3.00
Average rate for 2015 financial year
Average rate for June 2015 quader
A$1.00 = HK$2.25
30 June 2015
A$1.00 = HKS2.00
Plant, equipment and inventory are acquired on 1 July 2014. There were no monetary assets or liabilities at the commencement of business.
Long-term bonds are issued on 1 August 2014, with the principal to be repaid in full in five years. The bonds are issued in exchange land, which is to be developed as a factory site.
Inventory on hand at the end of the financial year has been manufactured throughout the June 2015 quarter.
All revenue and expense items are incurred evenly throughout the year.
REQUIRED
Translate the financial statements of Ching Ltd into Australian dollars in preparation for group consolidation in accordance with AASB 2' assuming that I-1K dollars are the function currency of Ching Ltd and the Australian dollar is the presentation currency of the group.
Evaluate Method of measuring costs associated with production, budgeting process, normal job-order costing system , master budget, cycle time.
Prepare the journal entries to record the bond issue and interest expense.
Write a report on given case study and Advise as to the liability of ALL the parties both under common law and the Corporations Law.
Prepare Revenues budget and Production budget in units
Effect of exchange rate changes on cash and cash
You are to reflect on how this case of China Sky relates to what the arguments for and against allowing audit firm partners and/or employees to join audit committees.
A cost-benefit analysis of electronic medical records in primary care
Theory of Interest- Non-annual interest rates and annuities
How is job costing in service organizations different from job costing in manufacturing environments?
Accounting for bad debt expense
Accounting and Partnership problems
Development of relevant cash flows - Cost estimating and financial analysis
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