Advanced Financial Accounting PDF

Added on - 11 Jan 2021

  • 10

    pages

  • 2202

    Words

  • 6

    Views

  • 0

    Downloads

Showing pages 1 to 3 of 10 pages
Advanced FinancialAccounting
Table of ContentsINTRODUCTION..........................................................................................................................3QUESTION 1...................................................................................................................................3Calculation of depreciation expense and gain/loss on machinery..........................................3QUESTION 2..................................................................................................................................4Journal entries for passing effect on revaluation of asset and the subsequent depreciation ofthe revalued net- amount method...........................................................................................4QUESTION 3..................................................................................................................................6a)Any goodwill acquired and if so then how much?.............................................................6b) can Tamarama can revalue the goodwill upwards in subsequent periods.........................7QUESTION 4..................................................................................................................................7a) Determining the Net Present Value (NPV) of lease payment...........................................7b) Proving that rate of interest is implicit in the lease is 6 %.................................................8CONCLUSION...............................................................................................................................8REFERENCES...............................................................................................................................9
desklib-logo
You’re reading a preview
card-image

To View Complete Document

Become a Desklib Library Member.
Subscribe to our plans

Download This Document