‘the box strictly sare not a oo eerie for ais ae ¥ ‘through october 15+ ee yD Sdn income, foe Pitwsic 10" ‘of comprehensiv ne . Be aon Spartan report the: sagm <0, 000. aicdid ee nes ee es | nevcontinuing operations. 7 4 maary i Ob a business segnent sand oferty, 000,000 and Pls Bieterscayizsarectively, ae part Of Toe b. ebengo0' snould be reported 8 cieposel of 0 seanent e, 600,000 should be & f1,000, 000. should be Gdsconeinued seamen ary loss 4 fom operations | of a for recording | the \ fair value option comprehensive income given \e year? | MUPcserany cece not. elect the fair oe eeeeteeiadpiibisitics, act ame Bec eeeeicreasy in its statenent of eae Hon pectains t © and \ sntorme = he forlovte cer aoc | Tig conmeny- ee cee er at oer ul matectais put 362, PFPCT09 00, Bese | ont OS dost, sncurred bring 20071 oe. pone Deans Bo ee | Pree crete SOT Te oie, 21,220,000, TONE Seat “aso, 00 2 eo | pe wat amount should che sory be 30,000 ae es expense is used) the een off would i | 372 s00, 000 1,280, 000 izing bad debts exp nies previously wzit' mance method of £ a reouiection of accoun' Jas, pen ene e210 pe rer eae ¢. Net income seams 36 and 37 are based on she following IRORNELST. 4 omer when Be Naren tie Tifeiong drean of becoming xd omnes nen Peepers inayise ciicide Vineyerd at an ents te nee 000,000. The fair'vaiue of the land being ee act ia too vartian retained the Hillside name for Qektetbucccy asset ts 7800, 000. © entre enet tea puscnase vas risky becmuse the growing season was yield from area vineyards during the season, the net realizable value of | storing the grapes for a short period of tine Martian was able 1 to sell Hnancial position of Hart a. P1,200, 000 a By B1/300,000 L Wastin the net oftect ra fet in the protic or oss to the vineyard and the harvester" a. P 200,000 increase : 2. 24, 400/000 incresce ae tron + Ae sist seoint shovla the nearer plant be reported in the statenent of of the first quarter? Oy, ¢, P2,000,000 - a £2,500, 000 statement of Martian related ,000 increase #1, 700, 000 increaseacervapie Eom a expense reiates = ar oH 2 compa, 5 aD hac pave, 2 eaeetculty pepe) re conve : ‘flows, the recpivabl 7,000 veces: | 79 : am 220 ny FecOsT e ae toss should Mi y : = the time the p73 or aprcrest, ot eM a ee martes se anount of ‘apairmen sacsteable WE Tapognized on Decenbes, 22, 70 Mracie Coapany =et09 aero b, P4b,296 « q machine for P36( te forch Compan) jprchoses ping washes 9,000. cowards the Piece endiareceived * (grant as a reduction pypaste oer 6 70064 Socios, Under in520 Governent grants and rie etd Of Fe dhosid be the depreciation expense in respe the £38,750 c. 638,125 b. P76,250 I 4, P28, 594 BIRHieh of the follovkng would result to's net incone for t I Debit balance in the income summary account after and expense account: Beet Piisnce exceeded debit balonce in the ba Gt worksheet BME difference between the debit and credit in the income “coluan of worksheet REE U Bie ditferencs etveen the debit. ane DBatenent column is extended co credit “column of worksneet ie "= © sheet column credit in the income ance of balance sheet Mowing Btatehents are based on the Conceptual amework:containing Condensed % ine qo meee! ein financial those ~ gceounting polic’’ 1 \ in nea iy tee, ' e re statements axe gives 0 government cae a rastwax company Tec the loan is t nm company. Te network and sezvice two on going ce. 282,250 a. 99,750 Le tector 01, 2028, cand, 100. sell } ooie, cxine, rae. sets production equipment to cx eeteceee ss 40,000, Gledhill includes a i-year warranty ser Se ce a Les equigent. The custoter r0ce! eget, nome 3 an, ran, ecinaes, oe ee equipment and 24,000 for the warranty. : 4 ‘and Reporting - FIRST PRE-BOARD EXAMINATION (Batch 36) ishe 1 er tinancll ou Bh Betts oe qin auentite cf capitel 2nd, Be eee ce ears oe, oe | o tape he sonnonieg 19 Ei poerstated cceparing pEnk ash in bank 3% ‘bank 2P edit to © per jovid be reconciliation : Hleredieing cost of 90032 sold Beene cies eee * nade when 1 Bee ureeasise ip cold om Bee sageraratse ts sold 2r9 & Epgecigiaian ae raterned 2m Merchandise 12 3. is used: ie used: sed ory is use jethod ry mechod is ty method is ¥i inventory m™ eee een Fee tre are votoroe Bates fe the Boon easance Rided oo eee bank balance Desced role Sy asses Be ieleayd ta eclaros atter the Dal SPM tethckaet.s tre eccnorized for. iene the Hi ere yiantiity at the balance sheet, date Ree ecd)nes ability st the belonce sheet dare Be ered eacuction of ecuity at the belence snect dave date | aly e shoet date but before the idend is: I The recosnition of any maintenance costs for the a Joss of tho period the recognitioh of any cash flows fron the asset as flows d. The asset from being depreciatedAccounting and Reporting a 1.8 2 2A A oH ee meek 23.8 ot 1ac 248 =e 15.8 25.8 6A 16. 26. 8 ‘ 47.¢ 27. Bonus &¢ 18.4 2c a 19. ¢ 23.8 10. 6 20.4 30.8 Financial Accounting and Reporting 36.8 a1. c 46. 8 518 56.8 6A 5 378 42. ¢ 47.0 52.¢ 37.8 ac 7 38. D 43 48. B 53.¢ 38.0 63. 8 39, C 44, 8 49.8 54.8 39.4 64. 8 40.6 45.4 50. 8 55.¢ 6.8 65. ¢ Regulatory Framework for Business Transactions (RFBT) 2. ¢ ac sic 5 23.4 43.0 63.0 83, 20.4 4a. c 64 x 8a. C k ie 8 os ¢ 85.0 a 26.8 46,4 66. ¢ 86. A | k v0 ak 8 87.8 n A 4a. ¢ BA 88.8 h 29.4 49. C 2D 89, ¢ 1p 30.0 A 90.8 c 31.0 1. 91. B j . 3A A 92k 3.8 8 3.0 M8 74, 94.0 35.8 on 3 37.0 97.0 38.8 Bt me < 40. A st | 80. D 100. 8