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Which statement is true in relation to bearer plant

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Reference no: EM132765906

Problem 1: Which statement is true in relation to bearer plant?
a) The bearer plant and the related agricultural produce are accounted as two separate assets
b) The bearer plant is a noncurrent asset
c) The agricultural produce is usually presented as current asset unless it takes more than one year to mature
d) All of these statements are true about bearer plant

Problem 2: Shares which are issued to settle a liability are included in the EPS calculation from

a) Date of the contract for services
b) Halfway through the rendering of services
c) The completion of services
d) The settlement date

Reference no: EM132765906

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