Which is not required to presented separately in statements

Assignment Help Financial Accounting
Reference no: EM132684755

Problem 1: Under IFRS, which of the following is NOT required to be presented separately in the statements of income/comprehensive income?

a. Depreciations

b. Revenues

c. Discontinued operations

d. Tax expenses

Reference no: EM132684755

Questions Cloud

Which investors can use the income statement : Which Investors and creditors can use the information in the income statement to? help assess the risk or uncertainty of achieving future cash flows.
Calculate the operating expenses for oriole corp : Calculate the service revenue and the operating expenses. Oriole has determined that at January 1, accounts receivable were $24,000
Calculate the net income under the cash basis of accounting : Which basis of accounting (accrual or cash) gives the most useful information for decision-makers? Calculate the net income for 2020
Which is not a generally practiced method of presenting : Which is NOT a generally practiced method of presenting the income statement? including corrections of errors made in a prior period
Which is not required to presented separately in statements : Under IFRS, which of the following is NOT required to be presented separately in the statements of income/comprehensive income?
Make a statement of comprehensive income for pronghorn co : Assume investments are accounted for as FV-OCI investments, with gains/losses not recycled. Make a statement of comprehensive income. Ignore income tax and EPS
Communication skills among nonverbal students : You identified two controversial or non-research-based methods to help build communication skills among nonverbal students.
What amount of revenue should bluebox recognize : Paul Beggs signs a one-year contract, What amount of revenue should BlueBox recognize in its first year given that the membership renewal is a material right?
Compute total operating expenses and total service revenue : In 2020, Bramble Corp. had cash receipts from customers of $152,000. Compute the Total Operating Expenses and Total Service Revenue

Reviews

Write a Review

Financial Accounting Questions & Answers

  Financial statement analysis and preparation

Financial Statement Analysis and Preparation

  Shareholder of a company

Describe the ways that a person can become a shareholder of a company. Why Wal-Mart would split its stock?

  Financial and accounting principles

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

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.

  Financial accounting assignment

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

Prepare general journal entries for Goela Ltd

  Principles of financial accounting

Prepare the journal entry to record the acquisition of the assets.

  Prepare general journal entries to record the transactions

Prepare general journal entries to record the transactions, assuming use of the periodic inventory system

  Global reporting initiative

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 frameworks

Explain the IASB Conceptual Framework's perspective of users and their decisions.

  Determine the company''s financial statements

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

Computation of Free Cash Flow

Free Assignment Quote

Assured A++ Grade

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!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd