Clarissa Nastania

19/441354/EK/22372
AKUNTANSI MENENGAH II
Tugas Minggu ke-10

E24.2
For each event, indicate whether a company should:
(a) Adjust the financial statements
(b) Disclose in notes to the financial statements
(c) Neither adjust nor disclose

1. Settlement of a tax case at a cost considerably in excess of the amount (a)

expected at year-end
2. Introduction of a new product line (c)
3. Loss of assembly plant due to fire (b)
4. Sale of a significant portion of the company’s assets (b)
5. Retirement of the company president (c)
6. Issuance of a significant number of ordinary shares (b)
7. Loss of a significant customer (c)
8. Prolonged employee strike (c)
9. Material loss on a year-end receivable because of a customer’s bankcruptcy (a)
10 Hiring of a new president (c)
.
11 Settlement of prior year’s litigation against the company (a)
.
12 Merger with another company of comparable size (b)
.

E24.3
LaGreca SpA is involved in four separate industries. The following information is available for
each of the four segments.
Operating Total Operating Identifiable
Segment Revenue Profit (Loss) Assets
W €60.000 €15.000 €167.000
X 10.000 1.500 83.000
Y 23.000 (2.000) 21.000
Z 9.000 1.000 19.000
€102.000 €15.500 €290.000

Instructions
Determine which of the operating segments are reportable based on the:
a. Revenue test
Revenue test: 10% x €102.000 = €10.200
Segment W (€60.000) and Y (€23.000) are reportable.
 Clarissa Nastania
19/441354/EK/22372
b. Operating profit (loss) test
Operating profit (loss) test: 10% x €15.500 = €1.550
Segment W (€15.000) and Y (€2.000) are reportable.

c. Identifiable assets test

Identifiable assets test: 10% x €290.000 = €29.000
Segment W (€167.000) and X (€83.000) are reportable.