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Advanced Financial Accounting Assignment (Docs)

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Added on  2020-11-23

Advanced Financial Accounting Assignment (Docs)

   Added on 2020-11-23

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Advanced FinancialAccounting
Advanced Financial Accounting Assignment (Docs)_1
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
Advanced Financial Accounting Assignment (Docs)_2
Advanced Financial Accounting Assignment (Docs)_3

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