Long test #2

1 . WAS be reported as profit before tax in FS?

9,000,000
2. WAS be recognized as accrued liability on dec.?
3,500,000
3. WAS adjusted on dec.31,19 in relation?
1,000,000
4. WAS be recognized in profit or loss for the year?
1,100,000
5. what is carrying amount of equipment?
2,400,000
6. depreciation of equipment?
260,000
7. what is the depreciation for 2019?
1,260,000
8. what is the depreciation expense for 2019?
2,400,00
9. what is the total change against 2019 income as a result ?
940,000
10. what adjustment is required to restate RE on jan.1,19?
4,640,000
11. what amount of the development costs should expense in 2019?
1,720,000
12. How should this acctg. Change be reported in 2019?
910,000 increase in RE
13. what adjustment should be made to net income of 2019?
3,000,000
14. . what adjustment should be made to net income of 2018?
1,800,000
15.WAS be reported as a prior period error in FS?
1,000,000