The solutions manual for advanced financial accounting 1 potx

... Part 1 · The framework of financial reporting other words if, using the selected basis of valuation, the value of the assets at the time t 0 was 10 00 and the value at the time t 1 15 00, is the ... 18 00 × 12 0 /11 8 = 18 31. Opening money capital based on historical cost was 10 00. The index stood at 10 0 at the beginning of the year and rose to 12 0 by the...

Ngày tải lên: 21/06/2014, 04:20

... the accounting treatment of the aircraft fleet in the financial statements on the basis of the above scenario for the financial years ending on: (a) 31 March 2000. (4 marks) (b) 31 March 20 01, ... of the departures from the specific requirements of the Act with the reasons for and effect of the departure. 18 Not everyone would agree with the stance, orig...

Ngày tải lên: 21/06/2014, 04:20

... the ratio 8:3. The revised profit is £40 000 and the profit recognised in year 1 was 15 000, hence the profits for the remaining two years would be: Year 1 18 18 2 (8 /11 ) Year 3 £6 818 (3 /11 ) ––––––– £25 ... · Assets II 15 9 Actual and projected trainee numbers provided by the production director are: Years ending 31 January 19 93 19 94 19 95 19 96 Welding shop 9...

Ngày tải lên: 21/06/2014, 04:20

... (v) £££££ 1 100.0 20.0 12 0.0 18 .0 10 2.0 2 10 2.0 20.4 12 2.4 18 .0 10 4.4 3 10 4.4 20.9 12 5.3 18 .0 10 7.3 4 10 7.3 21. 5 12 8.8 18 .0 11 0.8 5 11 0.8 22.2 13 3.0 13 3.0* – * Interest 18 .0 + Redemption price 11 5.0. 19 6 ... (v) £££££ 1 88.0 17 .6 10 5.6 16 .0 89.6 2 89.6 17 .9 10 7.5 16 .0 91. 5 3 91. 5 18 .3 10 9.8 16 .0 93.8 4 93.8 18 .8 11 2.6 16...

Ngày tải lên: 21/06/2014, 04:20

... on the property for the period 1 April 19 88 to 31 March 19 98. River plc paid £850 000 for the property on 1 April 19 98, at which date its true market value was £550 000. From 1 April 19 98 the ... relation to the pension fund surplus as at 1 January 19 91. (6 marks) ICAEW, Financial Accounting 2, December 19 91 (18 marks) 10 .5 (a) Accounting for reti...

Ngày tải lên: 21/06/2014, 04:20

... of 1 in issue at 1 June 2000 6.0 Ordinary shares of 1 issued 1 September 2000 1. 2 at full market price. The average market price of the shares for the year ending 31 May 20 01 was 10 and the ... on 31 March 2004. The effective finance cost of these shares for Earnit plc is 10 % per annum. The carrying value of the non-equity shares in the financial statement...

Ngày tải lên: 21/06/2014, 04:20

... to BZ Ltd on 30 November 19 97. £000 £000 £000 Fair value Carrying value Tax value Buildings 500 300 10 0 Plant and equipment 40 30 15 Stock 12 4 11 4 11 4 Debtors 11 0 11 0 11 0 Retirement benefit liability ... at 12 0 000 (80 000 at 1. 50) in exchange for 10 0 000 shares in company B valued at 12 0 000 (10 0 000 at 1. 20). If there is no change in earnings after the combinati...

Ngày tải lên: 21/06/2014, 04:20

... amortisation for the six months 1 July to 31 December 20X1 will be £3000. The consolidated profit and loss account must include the results of K Limited from 1 July 20X1 to 31 December 20X1 together ... reflect this in the financial statements for the year ended 31 May 19 99. The company’s capital and reserves (before reflecting any adjustments for the above acqu...

Ngày tải lên: 21/06/2014, 04:20

... give the investor company significant influence over the overview 1 SSAP 1 Accounting for the Results of Associated Companies, ASC, London, January 19 71. This was issued as a revised SSAP 1 Accounting ... shares and 20% of the 10 % 1 preference shares of Kasbah plc. On 1 April 19 93 Jasmin (Holdings) plc paid £96 mil- lion for the ordinary 1 shares and 1. 6 mil...

Ngày tải lên: 21/06/2014, 04:20