BBFA 3023 Financial Reporting

Tutorial 1 Q & A
Question 1:

BBFA 3023 Financial Reporting

Tutorial 1 Q & A

Requirement:
(i)
(ii)

Prepare Statement of comprehensive income for company AZ for the year ended 31
March 20X3
Prepare Statement of Financial Position as at 31 March 20x3

Notes to the financial statements are not required, but all workings must be shown clearly

BBFA 3023 Financial Reporting

Tutorial 1 Q & A

BBFA 3023 Financial Reporting

Tutorial 1 Q & A

Question 2:

BBFA 3023 Financial Reporting

Tutorial 1 Q & A

Requirement:
Show how the events for the year would be shown in the statement of changes in equity for the
year ended 31 December 20X1. Ignore incomes taxes.
The information above has been extracted from B cos trial balance and is correctly stated.

BBFA 3023 Financial Reporting

Tutorial 1 Q & A