logo

International Accounting: Analysis of Accounts, IAS 16, IAS 36, IAS 38

   

Added on  2023-01-16

10 Pages1540 Words22 Views
 | 
 | 
 | 
International
Accounting
International Accounting: Analysis of Accounts, IAS 16, IAS 36, IAS 38_1

Table of Contents
TASK..................................................................................................................................3
Question 1. Accounting:.................................................................................................3
Question 2. IAS 16- Fixed Assets:.................................................................................5
Question 3. IAS 36. Impairment of assets:....................................................................6
Question 4. IAS 38. Intangible Assets:..........................................................................7
REFERENCES................................................................................................................10
International Accounting: Analysis of Accounts, IAS 16, IAS 36, IAS 38_2

TASK
Question 1. Accounting:
Following is analysis of all the accounts through chart of accounts including
codes, as follows:
Chart of Accounts
Account Name Code Financial
Statement Group Sub-Group Normally
Bank Account 100 Balance
sheet
Current
assets
Cash and cash
equivalents Debit
Short term Investments 110 Balance
sheet
Current
assets
Short term
marketable
securities
Debit
Accounts receivable-
Debtors 120 Balance
sheet
Current
assets
Accounts
receivable Debit
Finished goods 130 Balance
sheet
Current
assets Inventory Debit
Constructions 140 Balance
sheet
Long term
assets
Property, plant
and equipment Debit
ICT Equipment 150 Balance
sheet
Long term
assets
Property, plant
and equipment Debit
Furniture 160 Balance
sheet
Long term
assets
Property, plant
and equipment Debit
Transport 170 Balance
sheet
Long term
assets
Property, plant
and equipment Debit
Cumulative depreciation
IM 180 Balance
sheet
Long term
assets
Property, plant
and equipment Credit
International Accounting: Analysis of Accounts, IAS 16, IAS 36, IAS 38_3

End of preview

Want to access all the pages? Upload your documents or become a member.

Related Documents
Universitatis Agriculturae et Silviculturae Mendelianae Brunensis
|7
|704
|14

General Report on Accounting
|8
|879
|16

Accounting: Profit and Loss, Balance Sheet, Golden Rules, Profitability Ratios, Cash Conversion Cycle
|13
|1139
|197

Impairment Loss Computation and Allocation
|12
|3180
|145

Assignment on Accounting PDF
|11
|538
|51

Financial Accounting
|10
|1254
|496