APPLIED

AUDITING
With Comprehensive
Review of Philippine Financial
Reporting Standards (PFRSs)
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￦
A guide in applying auditing procedures to specific
accounts of the financial statements.
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TEACHERS MANUAL
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2018
Edition
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￈½￦

DARRELL JOE O. ASUNCION, MBA, CPA

MARK ALYSON B. NGINA, CMA, CPA

RAYMUND FRANCIS A. ESCALA, MBA, CPA

Dear fellow teacher,

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ￊ¥¶¶©°°￦￐³©￦ￕΚ￦ￇ·¹²§­³²Ζ￦ￓ￈ￇΖ￦￉ￖￇ￦
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ￓ¥¶¯￦ￇ°½·³²￦￈Κ￦ￔ«­²¥Ζ￦￉ￓￇΖ￦￉ￖￇ￦
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￘¥½±¹²¨￦ￌ¶¥²§­·￦ￇΚ￦ￋ·§¥°¥Ζ￦ￓ￈ￇΖ￦￉ￖￇ￦
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 Table of Contents
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￉ￎￇￖￚￋ￘￦‫ڹ‬Ό￦￉ￇ￙ￎ￦ￚￕ￦ￇ￉￉￘ￛￇￒ￦ΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚ￦‫ڸ‬￦
￉ￎￇￖￚￋ￘￦‫ں‬Ό￦￉ￕ￘￘ￋ￉ￚￏￕￔ￦ￕￌ￦ￋ￘￘ￕ￘￙￦ΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚ￦‫ڽڵ‬￦
￉ￎￇￖￚￋ￘￦‫ڼ‬Ό￦￉ￇ￙ￎ￦ￇￔￊ￦￉ￇ￙ￎ￦ￋￗￛￏￜￇￒￋￔￚ￙￦ΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚ￦‫ڽڶ‬￦
￉ￎￇￖￚￋ￘￦‫ڴڵ‬Ό￦ￒￕￇￔ￙￦ￇￔￊ￦￘ￋ￉ￋￏￜￇ￈ￒￋ￙￦ΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚ￦‫ڴڹ‬￦
￉ￎￇￖￚￋ￘￦‫ڶڵ‬Ό￦ￏￔￜￋￔￚￕ￘ￏￋ￙￦ΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚ￦‫ڽڻ‬￦
￉ￎￇￖￚￋ￘￦‫ڷڵ‬Ό￦ￇￍ￘ￏ￉ￛￒￚￛ￘ￋ￦ΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚ￦‫ںڴڵ‬￦
￉ￎￇￖￚￋ￘￦‫ڹڵ‬Ό￦ￏￔￚ￘ￕￊￛ￉ￚￏￕￔ￦ￚￕ￦ￌￏￔￇￔ￉ￏￇￒ￦ￇ￙￙ￋￚ￦ￇￔￊ￦ￏￔￜￋ￙ￚￓￋￔￚ￦
ￏￔ￦ￋￗￛￏￚ￟￦￙ￋ￉ￛ￘ￏￚￏￋ￙￦ΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚ￦‫ڶڵڵ‬￦
￉ￎￇￖￚￋ￘￦‫ںڵ‬Ό￦ￏￔￜￋ￙ￚￓￋￔￚ￦ￏￔ￦ￊￋ￈ￚ￦￙ￋ￉ￛ￘ￏￚￏￋ￙￦ΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚ￦‫ڵڷڵ‬￦
￉ￎￇￖￚￋ￘￦‫ڻڵ‬￦ￏￔￜￋ￙ￚￓￋￔￚ￦ￏￔ￦ￇ￙￙ￕ￉ￏￇￚￋΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚ￦‫ڻڸڵ‬￦
￉ￎￇￖￚￋ￘￦‫ڽڵ‬￦ￖ￘ￕￖￋ￘ￚ￟Ζ￦ￖￒￇￔￚ￦ￇￔￊ￦ￋￗￛￏￖￓￋￔￚ￦ΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚ￦‫ڹںڵ‬￦
￉ￎￇￖￚￋ￘￦‫ڴڶ‬￦￝ￇ￙ￚￏￔￍ￦ￇ￙￙ￋￚ￙￦ΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚ￦‫ڹڽڵ‬￦
￉ￎￇￖￚￋ￘￦‫ڵڶ‬￦ￏￔￜￋ￙ￚￓￋￔￚ￦ￖ￘ￕￖￋ￘ￚ￟￦ΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚ￦‫ڵڴڶ‬￦
￉ￎￇￖￚￋ￘￦‫ڷڶ‬￦ￏￔￚￇￔￍￏ￈ￒￋ￦ￇ￙￙ￋￚ￙￦ΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚ￦‫ڻڴڶ‬￦
￉ￎￇￖￚￋ￘￦‫ڸڶ‬￦￘ￋￜￇￒￛￇￚￏￕￔΖ￦ￏￓￖￇￏ￘ￓￋￔￚ￦ￇￔￊ￦ￔￕￔ￉ￛ￘￘ￋￔￚ￦ￇ￙￙ￋￚ￦
ￎￋￒￊ￦ￌￕ￘￦￙ￇￒￋ￦ΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚ￦‫ڵڶڶ‬￦
￉ￎￇￖￚￋ￘￦‫ںڶ‬￦ￏￔￚ￘ￕￊￛ￉ￚￏￕￔ￦ￚￕ￦ￒￏￇ￈ￏￒￏￚￏￋ￙￦ΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚ￦‫ڽڷڶ‬￦
￉ￎￇￖￚￋ￘￦‫ڻڶ‬￦ￌￏￔￇￔ￉ￏￇￒ￦ￒￏￇ￈ￏￒￏￚￏￋ￙￦ￇￔￊ￦ￊￋ￈ￚ￦￘ￋ￙ￚ￘ￛ￉ￚￛ￘ￏￔￍ￦ΚΚ￦‫ڶڹڶ‬￦
￉ￎￇￖￚￋ￘￦‫ڼڶ‬￦ￒￋￇ￙ￋ￦ΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚ￦Κ‫ڶڻڶ‬￦
￉ￎￇￖￚￋ￘￦‫ڽڶ‬￦ￏￔ￉ￕￓￋ￦ￚￇ￞￦ΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚ￦Κ‫ڵڴڷ‬￦
￉ￎￇￖￚￋ￘￦‫ڴڷ‬￦ￋￓￖￒￕ￟ￋￋ￦￈ￋￔￋￌￏￚ￙￦ΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚ￦Κ‫ڴڵڷ‬￦
￉ￎￇￖￚￋ￘￦‫ڶڷ‬￦ ￦ΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚ￦‫ڵڶڷ‬￦
￉ￎￇￖￚￋ￘￦‫ڷڷ‬￦￙ￎￇ￘ￋΟ￈ￇ￙ￋￊ￦ￖￇ￟ￓￋￔￚ￦ΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚ￦Κ‫ںڸڷ‬￦
￉ￎￇￖￚￋ￘￦‫ڸڷ‬￦￈ￕￕ￑￦ￜￇￒￛￋ￦ￇￔￊ￦ￋￇ￘ￔￏￔￍ￙￦ￖￋ￘￦￙ￎￇ￘ￋ￦ΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚ￦Κ‫ڻڹڷ‬￦
￉ￎￇￖￚￋ￘￦‫ںڷ‬￦￙ￚￇￚￋￓￋￔￚ￦ￕￌ￦ￌￏￔￇￔ￉ￏￇￒ￦ￖￕ￙ￏￚￏￕￔ￦ￇￔￊ￦
￉ￕￓￖ￘ￋￎￋￔ￙ￏￜￋ￦ￏￔ￉ￕￓￋ￦ΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚ￦‫ڽںڷ‬￦
￉ￎￇￖￚￋ￘￦‫ڻڷ‬￦￙ￚￇￚￋￓￋￔￚ￦ￕￌ￦￉ￇ￙ￎ￦ￌￒￕ￝￙￦ΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚΚ￦‫ڽڼڷ‬￦
Chapter 5: Cash to Accrual

CHAPTER 5: CASH TO ACCRUAL

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PROBLEM 5-1 (Computation of Sales under cash basis)

Accounts receivable/Notes receivable trade/Advances from customers￦

￈©«Κ￦¦¥°¥²§©￦ ￦ￇ￘￦ ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦ ‫ڴڼڵ‬Ζ‫ڴڴڴ‬￦ ￈¥°¥²§©￦©²¨￦Ο￦ￇ￘￦
￈©«Κ￦¦¥°¥²§©￦ ￦ￔ￘￦ ‫ڴڸڶ‬Ζ‫ڴڴڴ‬￦ ‫ڴڻڵ‬Ζ‫ڴڴڴ‬￦ ￈¥°¥²§©￦©²¨￦Ο￦ￔ￘￦
￈¥°¥²§©￦©²¨￦Ο￦ￇ¨º¥²§©·￦ ‫ڴڸ‬Ζ‫ڴڴڴ‬￦ ‫ڹڹ‬Ζ‫ڴڴڴ‬￦ ￈©«Κ￦¦¥°¥²§©￦Ο￦ￇ¨º¥²§©·￦
￙¥°©·￦³²￦¥§§³¹²¸￦ ￙¥°©·￦ ¶©¸Κ￦ ¥²¨￦ ¥°°³»¥²§©
‫ڴڴں‬Ζ‫ڴڴڴ‬￦ ‫ڸ‬Ζ‫ڴڴڴ‬￦ ¥²¨￦¨­·§³¹²¸·￦
￘©§³º©¶­©·￦ ‫ڶ‬Ζ‫ڴڴڴ‬￦ ‫ڶ‬Ζ‫ڴڴڴ‬￦ ￙¥°©·￦¨­·§³¹²¸·￦
￦ ￦ Collections including
‫ڼںں‬Ζ‫ڴڴڴ‬￦ recoveries
￦ ￦ ‫ڷ‬Ζ‫ڴڴڴ‬￦ ￝¶­¸©Ο³ªª￦
ￚ³¸¥°￦ ‫ڵ‬Ζ‫ڶڼڴ‬Ζ‫ڴڴڴ‬￦ ‫ڵ‬Ζ‫ڶڼڴ‬Ζ‫ڴڴڴ‬￦ ￦

Suggested answer: B
￦
PROBLEM 5-2 Computation of Bad Debts
￦

Allowance for bad debts￦

ￋ²¨­²«￦¦¥°¥²§©￦ ‫ڴڼ‬Ζ‫ڴڴڴ‬￦ ‫ڴڹ‬Ζ‫ڴڴڴ‬￦ ￈©«­²²­²«￦¦¥°¥²§©￦
￝¶­¸©Ο³ªª￦ ‫ںڵ‬Ζ‫ڴڴڴ‬￦ 42,000 Bad debts expense
￦ ￦ ‫ڸ‬Ζ‫ڴڴڴ‬￦ ￘©§³º©¶­©·￦
ￚ³¸¥°￦ ‫ںڽ‬Ζ‫ڴڴڴ‬￦ ‫ںڽ‬Ζ‫ڴڴڴ‬￦ ￦
￦
Suggested answer: C

￦
PROBLEM 5-3 (Computation of Purchases)

Accounts Payable / Notes Payable / Advances to Suppliers￦

ￖ¥½±©²¸·￦ ‫ڴڴڼ‬Ζ‫ڴڴڴ‬￦ ‫ڴڹڶ‬Ζ‫ڴڴڴ‬￦ ￈©«Κ￦¦¥°¥²§©￦Ο￦ￇￖ￦
ￖ¹¶§¬¥·©￦¶©¸Κ￦¥²¨￦¥°°³»Κ ‫ں‬Ζ‫ڴڴڴ‬ ‫ڴڴڸ‬Ζ‫ڴڴڴ‬￦ ￈©«Κ￦¦¥°¥²§©￦Ο￦ￔￖ￦
ￖ¹¶§¬¥·©￦¨­·§³¹²¸￦ ‫ڷ‬Ζ‫ڴڴڴ‬￦ ‫ڼں‬Ζ‫ڴڴڴ‬￦ ￈¥°¥²§©￦©²¨￦Ο￦ￇ¨º¥²§©·￦
￈©«Κ￦¦¥°¥²§©￦Ο￦ￇ¨º¥²§©·￦ ‫ڴڹ‬Ζ‫ڴڴڴ‬￦ 551,000 Purchases (gross)
￈¥°¥²§©￦©²¨￦ ￇￖ￦ ‫ڴڴڶ‬Ζ‫ڴڴڴ‬
￈¥°¥²§©￦©²¨￦ ￦ￔￖ￦ ‫ڴڵڶ‬Ζ‫ڴڴڴ‬￦
ￚ³¸¥° ‫ڵ‬Ζ‫ڽںڶ‬Ζ‫ڵ ڴڴڴ‬Ζ‫ڽںڶ‬Ζ‫ڴڴڴ‬￦

Suggested answer: B

4
Chapter 5: Cash to Accrual

PROBLEM 5-4 Computation of Cost of Sales

Accounts Payable (AP) / Notes Payable (NP)￦
ￖ¥½±©²¸·￦ ‫ڴڴڼ‬Ζ‫ڴڴڴ‬￦ ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦ ￈©«Κ￦¦¥°¥²§©￦Ο￦ￇￖ￦
ￖ¹¶§¬¥·©￦¶©¸Κ￦¥²¨￦¥°°³»Κ￦ ‫ں‬Ζ‫ڴڴڴ‬￦ Ο￦ ￈©«Κ￦¦¥°¥²§©￦Ο￦ￔￖ￦
ￖ¹¶§¬¥·©￦¨­·§³¹²¸￦ ‫ڷ‬Ζ‫ڴڴڴ‬ 859,000 Purchases (gross)
￈¥°¥²§©￦©²¨￦Ο￦ￇￖ￦ ‫ڴڹڶ‬Ζ‫ڴڴڴ‬￦ ￦ ￦
￈¥°¥²§©￦©²¨￦Ο￦ￔￖ￦ Ο￦
ￚ³¸¥°￦ ‫ڵ‬Ζ‫ڽڹڴ‬Ζ‫ڴڴڴ‬￦ ‫ڵ‬Ζ‫ڽڹڴ‬Ζ‫ڴڴڴ‬￦ ￦
￦
Merchandise Inventory￦
￈©«­²²­²«￦¦¥°¥²§©￦ ‫ڴڴڸ‬Ζ‫ڴڴڴ‬￦ ‫ڴڵڶ‬Ζ‫ڴڴڴ‬￦ ￋ²¨­²«￦¦¥°¥²§©￦
ￔ©¸￦´¹¶§¬¥·©·￦ ‫ڴںڼ‬Ζ‫ڴڴڴ‬￦ 1,050,000 Cost of sales
ￚ³¸¥°￦ ‫ڵ‬Ζ‫ڴںڶ‬Ζ‫ڴڴڴ‬￦ ‫ڵ‬Ζ‫ڴںڶ‬Ζ‫ڴڴڴ‬￦ ￦

Computation of the net purchases:

ￍ¶³··￦´¹¶§¬¥·©·￦³²￦¥§§³¹²¸￦ ‫ڽڹڼ‬Ζ‫ڴڴڴ‬￦
ￇ¨¨￦§¥·¬￦´¹¶§¬¥·©·￦ ‫ڴڵ‬Ζ‫ڴڴڴ‬￦
ￚ³¸¥°￦ ‫ڽںڼ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦ￖ¹¶§¬¥·©￦¶©¸¹¶²·￦¥²¨￦¥°°³»¥²§©·￦ ‫ں‬Ζ‫ڴڴڴ‬￦
￦￦￦￦￦￦￦￦￦￦￦ￖ¹¶§¬¥·©￦¨­·§³¹²¸￦ ‫ڷ‬Ζ‫ڴڴڴ‬￦
ￔ©¸￦´¹¶§¬¥·©·￦ ‫ڴںڼ‬Ζ‫ڴڴڴ‬￦

Suggested answer: B

PROBLEM 5-5 (Computation of Income Other Than Sales)
Rent Receivable/Unearned rent income
￈©«Κ￦ ￈¥°¥²§©￦ Ο ￘©²¸￦ ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦ ‫ڴڹڶ‬Ζ‫ڴڴڴ‬￦ ￈¥°¥²§©￦ ©²¨ Ο￦ ￘©²¸￦
￘©§©­º¥¦°©￦ ￘©§©­º¥¦°©￦
￈¥°¥²§©￦ ©²¨￦ Ο￦ ￛ²©¥¶²©¨￦ ‫ڴڷ‬Ζ‫ڴڴڴ‬￦ ‫ڴڽ‬Ζ‫ڴڴڴ‬￦ ￈©«Κ￦￈¥°¥²§©￦ ￦ￛ²©¥¶²©¨￦
¶©²¸￦­²§³±©￦ ¶©²¸￦­²§³±©￦
￘©²¸￦ￏ²§³±©￦(squeeze)￦ 770,000 ‫ڴںں‬Ζ‫ڴڴڴ‬￦ ￉³°°©§¸­³²·
ￚ³¸¥°￦ ‫ڵ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦ ‫ڵ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦ ￦

Suggested answer: B

PROBLEM 5-6 (Computation of Expenses in General)
Prepaid Rent/Rent payable
￈©«Κ￦ ￈¥°¥²§©￦ Ο￦ ￖ¶©´¥­¨￦ ‫ڴڹڶ‬Ζ‫ڴڴڴ‬ ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦ ￈¥°¥²§©￦ ©²¨￦ Ο￦ ￖ¶©´¥­¨￦
￙¥°¥¶­©·￦ ￘©²¸￦
￈¥°¥²§©￦ ©²¨￦ Ο￦ ￇ§§¶¹©¨￦ ‫ڹں‬Ζ‫ڴڴڴ‬ ‫ڴڼ‬Ζ‫ڴڴڴ‬￦ ￈©«Κ￦ ￈¥°¥²§©￦ ￦ ￘©²¸￦
￙¥°¥¶­©·￦ ´¥½¥¦°©￦￦
ￖ¥½±©²¸·￦ ‫ڴڹڼ‬Ζ‫ڴڴڴ‬ ‫ڹڼڼ‬Ζ‫ڴڴڴ‬￦ Rent Expense
ￚ³¸¥°￦ ‫ڵ‬Ζ‫ڹںڵ‬Ζ‫ڴڴڴ‬ ‫ڵ‬Ζ‫ڹںڵ‬Ζ‫ڴڴڴ‬

5
Chapter 5: Cash to Accrual

Suggested answer: C
￦
PROBLEM 5-7 (Computation of Cost of Machine Acquired and Sold)

Question No. 1
￉¥¶¶½­²«￦¥±³¹²¸￦³ª￦©µ¹­´±©²¸￦·³°¨￦ ‫ڹڶ‬Ζ‫ڴڴڴ‬￦
ￇ¨¨Ό￦ￇ§§¹±¹°¥¸©¨￦¨©´¶©§­¥¸­³²￦ ‫ڹڵ‬Ζ‫ڴڴڴ‬￦
￉³·¸￦ 40,000
￦
Question No. 2
Equipment
￈©«Κ￦￈¥°¥²§©￦ ‫ڴڴڵ‬Ζ‫ڴڴڴ‬￦ ‫ڴڶڵ‬Ζ‫ڴڴڴ‬￦ ￈¥°¥²§©￦©²¨￦
￉³·¸￦ ³ª￦ ￖￖￋ￦ ¥§µ¹­¶©¨￦ 60,000 ‫ڴڸ‬Ζ‫ ڴڴڴ‬￉³·¸￦³ª￦ￖￖￋ￦¨­·´³·©¨
(squeeze)￦
ￚ³¸¥°￦ ‫ڴںڵ‬Ζ‫ڴڴڴ‬￦ ‫ڴںڵ‬Ζ‫ڴڴڴ‬￦ ￦
￦

Accumulated depreciation￦
￈¥°¥²§©￦©²¨￦ ‫ڼڵ‬Ζ‫ڴڴڴ‬￦ ‫ڹڵ‬Ζ‫ ڴڴڴ‬￈©«Κ￦￈¥°¥²§©
ￇ§§¹±¹°¥¸©¨￦¨©´¶©§­¥¸­³²￦ ￦ ‫ڼڵ‬Ζ‫ڴڴڴ‬￦ ￊ©´¶©§­¥¸­³²￦©¼´©²·©￦
³ª￦ￖￖￋ￦¨­·´³·©¨￦￦ ‫ڹڵ‬Ζ‫ڴڴڴ‬￦
ￚ³¸¥°￦ ‫ڷڷ‬Ζ‫ڴڴڴ‬￦ ‫ڷڷ‬Ζ‫ڴڴڴ‬
￦
SUMMARY OF ANSWERS:
‫ڵ‬Κ￦ D ‫ڶ‬Κ￦ A
￦
￦
PROBLEM 5-8
Question No. 1
Prepaid Insurance
￈©«Κ￦￈¥°¥²§©￦ ‫ڻ‬Ζ‫ڴڴڹ‬￦ ‫ں‬Ζ‫ڴڴڴ‬￦ ￈¥°¥²§©￦©²¨￦
ￖ¥½±©²¸·￦ ‫ڵڸ‬Ζ‫ڴڴڹ‬￦ 43,000 ￋ¼´©²·©·￦(squeeze)￦
ￚ³¸¥°￦ ‫ڽڸ‬Ζ‫ڴڴڴ‬￦ ‫ڽڸ‬Ζ‫ڴڴڴ‬￦ ￦
￦
Question No. 2
Interest Receivable
￈©«Κ￦￈¥°¥²§©￦ ‫ڸڵ‬Ζ‫ڴڴڹ‬ ‫ڷ‬Ζ‫ڴڴڻ‬￦ ￈¥°¥²§©￦©²¨￦
ￏ²§³±©￦(squeeze)￦ 112,700 ‫ڷڶڵ‬Ζ‫ڴڴڹ‬￦ ￉³°°©§¸­³²·￦
ￚ³¸¥°￦ ‫ڻڶڵ‬Ζ‫ڴڴڶ‬ ‫ڻڶڵ‬Ζ‫ڴڴڶ‬￦
￦

6
Chapter 5: Cash to Accrual

Question No. 3
Salaries payable
￈¥°¥²§©￦©²¨￦￦ ‫ڵں‬Ζ‫ڴڴڹ‬ ‫ڷڹ‬Ζ‫ڴڴڴ‬￦ ￈©«Κ￦￈¥°¥²§©￦
ￖ¥½±©²¸· ‫ڵڼڸ‬Ζ‫ڴڴڴ‬ 489,500 ￋ¼´©²·©·￦
ￚ³¸¥°￦ ‫ڶڸڹ‬Ζ‫ڴڴڹ‬￦ ‫ڶڸڹ‬Ζ‫ڴڴڹ‬￦ ￦

Question No. 4
Accounts receivable trade
￈©«Κ￦￈¥°¥²§©￦ ‫ڹڵڸ‬Ζ‫ڴڴڴ‬ ‫ڴڹڹ‬Ζ‫ڴڴڴ‬￦ ￈¥°¥²§©￦©²¨￦
￙¥°©·￦￦ ‫ڵ‬Ζ‫ڴڼڽ‬Ζ‫ڴڴڴ‬ 1,845,000 ￉³°°©§¸­³²·￦(squeeze)￦
ￚ³¸¥°￦ ‫ڶ‬Ζ‫ڹڽڷ‬Ζ‫ڴڴڴ‬￦ ‫ڶ‬Ζ‫ڹڽڷ‬Ζ‫ڴڴڴ‬￦ ￦

Question No. 5
Accounts receivable trade
￈©«Κ￦￈¥°¥²§©￦ ‫ڹڵڸ‬Ζ‫ڴڴڴ‬ ‫ڴڹڹ‬Ζ‫ڴڴڴ‬￦ ￈¥°¥²§©￦©²¨￦
￙¥°©·￦￦ ‫ڵ‬Ζ‫ڴڼڽ‬Ζ‫ڴڴڴ‬ 1,820,000 ￉³°°©§¸­³²·￦(squeeze)￦
￦ ‫ڹڶ‬Ζ‫ڴڴڴ‬￦ ￝¶­¸©Ο³ªª￦
ￚ³¸¥°￦ ‫ڶ‬Ζ‫ڹڽڷ‬Ζ‫ڴڴڴ‬￦ ‫ڶ‬Ζ‫ڹڽڷ‬Ζ‫ڴڴڴ‬￦ ￦
￦

Question No. 6
Accounts receivable trade
￈©«Κ￦￈¥°¥²§©￦ ‫ڹڵڸ‬Ζ‫ڴڴڴ‬￦ ‫ڴڹڹ‬Ζ‫ڴڴڴ‬￦ ￈¥°¥²§©￦©²¨
￙¥°©·￦￦ ‫ڵ‬Ζ‫ڴڼڽ‬Ζ‫ڴڴڴ‬￦ 1,840,000 ￉³°°©§¸­³²·￦(squeeze)￦
￘©§³º©¶­©·￦ ‫ڴڶ‬Ζ‫ڴڴڴ‬￦ ‫ڹڶ‬Ζ‫ڴڴڴ‬￦ ￝¶­¸©Ο³ªª￦
ￚ³¸¥°￦ ‫ڶ‬Ζ‫ڹڵڸ‬Ζ‫ڴڴڴ‬￦ ‫ڶ‬Ζ‫ڹڵڸ‬Ζ‫ڴڴڴ‬￦ ￦
￦

SUMMARY OF ANSWERS:
‫ڵ‬Κ￦ C ‫ڶ‬Κ￦ B ‫ڷ‬Κ￦ C ‫ڸ‬Κ￦ A ‫ڹ‬Κ￦ A ‫ں‬Κ￦ B
￦
￦
PROBLEM 5-9
Question No. 1
Accounts/Notes receivable trade
ￊ©§¶©¥·©￦­²￦ￇϑ￘ ‫ڴڴڵ‬Ζ‫ڴڴڴ‬ ‫ڴڴڵ‬Ζ‫ڴڴڴ‬￦ ￏ²§¶©¥·©￦­²￦ￔϑ￘
￙¥°©·￦³²￦¥§§³¹²¸￦￦ 4,260,000 ‫ڴڵ‬Ζ‫ڴڴڴ‬￦ ￝¶­¸©Ο³ªª￦
(squeeze)￦ ‫ڸ‬Ζ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦ ￉³°°©§¸­³²·￦
￦ ‫ڴڷ‬Ζ‫ڴڴڴ‬￦ ￙¥°©·￦¨­·§³¹²¸·￦
￦ ‫ڴڶ‬Ζ‫ڴڴڴ‬￦ ￙¥°©·￦¶©¸Κ￦¥²¨￦¥°°³»Κ￦
ￚ³¸¥°￦ ‫ڸ‬Ζ‫ڴںڷ‬Ζ‫ڴڴڴ‬￦ ‫ڸ‬Ζ‫ڴںڷ‬Ζ‫ڴڴڴ‬￦ ￦
￦

7
Chapter 5: Cash to Accrual

Question No. 2
￉¥·¬￦´¥­¨￦¸³￦§¶©¨­¸³¶·￦
ￖ¹¶§¬¥·©￦¨­·§³¹²¸·￦
ￖ¹¶§¬¥·©￦¶©¸¹¶²·￦
ￚ³¸¥°￦
￦
Accounts payable
‫ڶ‬Ζ‫ڴڴڼ‬Ζ‫ڴڴڴ‬￦ ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦ ￊ©§¶©¥·©￦­²￦ￇϑￖ￦
‫ڴڸ‬Ζ‫ڴڴڴ‬￦ 2,650,000 ￍ¶³··￦´¹¶§¬¥·©·￦
‫ڴڵ‬Ζ‫ڴڴڴ‬￦ ￦ (squeeze)￦
‫ڶ‬Ζ‫ڴڹڼ‬Ζ‫ڴڴڴ‬￦ ‫ڶ‬Ζ‫ڴڹڼ‬Ζ‫ڴڴڴ‬￦ ￦

Question No. 3
Merchandise inventory
ￊ©§¶©¥·©￦­²￦ￏ²º©²¸³¶½￦ ‫ڹڶ‬Ζ‫ڴڴڴ‬￦ ‫ڴڸ‬Ζ‫ڴڴڴ‬￦ ￖ¹¶§¬¥·©￦¨­·§³¹²¸·￦
ￍ¶³··￦´¹¶§¬¥·©·￦ ‫ڶ‬Ζ‫ڴڹں‬Ζ‫ڴڴڴ‬￦ ‫ڴڵ‬Ζ‫ڴڴڴ‬￦ ￖ¹¶§¬¥·©￦¶©¸¹¶²·￦
￦ ￦ 2,625,000 ￉³·¸￦³ª￦·¥°©·￦(squeeze)￦
ￚ³¸¥°￦ ‫ڶ‬Ζ‫ڹڻں‬Ζ‫ڴڴڴ‬￦ ‫ڶ‬Ζ‫ڹڻں‬Ζ‫ڴڴڴ‬￦

Question No. 4
Rental receivable/Unearned Rent Income
￘©²¸¥°￦ ¶©º©²¹©￦ 454,000 ‫ڸڵ‬Ζ‫ڴڴڴ‬￦ ￏ²§¶©¥·©￦ ­²￦ ￘©²¸¥°￦
(squeeze)￦ ¶©§©­º¥¦°©￦
￦ ‫ڴڸ‬Ζ‫ڴڴڴ‬￦ ￊ©§¶©¥·©￦ ­²￦ ￛ²©¥¶²©¨￦
¶©²¸¥°￦
￦ ‫ڴڴڸ‬Ζ‫ڴڴڴ‬￦ ￉³°°©§¸­³²·￦ª¶³±￦¸©²¥²¸·￦
ￚ³¸¥°￦ ‫ڸڹڸ‬Ζ‫ڴڴڴ‬￦ ‫ڸڹڸ‬Ζ‫ڴڴڴ‬￦ ￦
￦

Question No. 5
Prepaid interest/Interest Payable
ￊ©§¶©¥·©￦ ­²￦ ￖ¶©´¥­¨￦ ‫ڹ‬Ζ‫ڴڴڹ‬ 114,000 ￏ²¸©¶©·¸￦ ©¼´©²·©￦
­²¸©¶©·¸￦ (squeeze)￦
ￏ²§¶©¥·©￦ ­²￦ ￏ²¸©¶©·¸￦ ‫ڼ‬Ζ‫ڴڴڹ‬ ￦ ￦
´¥½¥¦°©￦
ￏ²¸©¶©·¸￦´¥­¨ ‫ڴڴڵ‬Ζ‫ڴڴڴ‬ ￦
ￚ³¸¥°￦ ‫ڸڵڵ‬Ζ‫ڴڴڴ‬￦ ‫ڸڵڵ‬Ζ‫ڴڴڴ‬￦ ￦
￦

SUMMARY OF ANSWERS:
1. D 2. D 3. A 4. A 5. D

PROBLEM 5-10
Question No. 1
Accounts Receivable/Notes receivable trade
￈©«Κ￦￈¥°¥²§©￦ ￇϑ￘￦ ‫ڴڴڶ‬Ζ‫ڴڴڴ‬ ‫ڴڹڶ‬Ζ‫ڴڴڴ‬￦ ￈¥°Κ￦©²¨￦ ￇϑ￘￦
￈©«Κ￦￈¥°¥²§©￦ ￦ￔϑ￘￦ ‫ڴڴڷ‬Ζ‫ڴڴڴ‬ ‫ڴڴڵ‬Ζ‫ڴڴڴ‬￦ ￈¥°Κ￦©²¨￦ ￦ￔϑ￘￦
￙¥°©·￦³²￦¥§§³¹²¸￦￦ 1,000,000 ‫ڴڶ‬Ζ‫ڴڴڴ‬￦ ￙¥°©·￦¶©¸Κ￦¥²¨￦¥°°³»Κ￦
(squeeze) ‫ڴڵ‬Ζ‫ڴڴڴ‬￦ ￙¥°©·￦¨­·§³¹²¸￦

8
Chapter 5: Cash to Accrual

￦ ‫ڵ‬Ζ‫ڴڶڵ‬Ζ‫ڴڴڴ‬￦ ￉³°°©§¸­³²·￦
ￚ³¸¥°￦ ‫ڵ‬Ζ‫ڴڴڹ‬Ζ‫ڴڴڴ‬ ‫ڵ‬Ζ‫ڴڴڹ‬Ζ‫ڴڴڴ‬￦
￦
Question No. 2
Accounts payable/Notes payable
￈¥°¥²§©￦©²¨￦ ￦ￇϑￖ￦ ‫ڹڶ‬Ζ‫ڴڴڴ‬￦ ‫ڴڹ‬Ζ‫ڴڴڴ‬￦ ￈©«Κ￦￈¥°¥²§©￦ ￦ￇϑￖ￦
￈¥°¥²§©￦©²¨ ￔϑￖ￦ ‫ڹڻ‬Ζ‫ڴڴڴ‬￦ ‫ڴڴڵ‬Ζ‫ ڴڴڴ‬￈©«Κ￦￈¥°¥²§©￦ ￔϑￖ￦
ￖ¹¶§¬¥·©￦ ¶©¸¹¶²·￦ ¥²¨￦ ‫ڴڸ‬Ζ‫ڴڴڴ‬￦ ‫ڴڹں‬Ζ‫ڴڴڴ‬￦ ￍ¶³··￦ ´¹¶§¬¥·©·￦
¥°°³»￦ (squeeze)￦
ￖ¹¶§¬¥·©￦¨­·§³¹²¸￦ ‫ڴڵ‬Ζ‫ڴڴڴ‬￦ ￦
ￖ¥½±©²¸·￦ ‫ڴڹں‬Ζ‫ڴڴڴ‬￦ ￦ ￦
ￚ³¸¥°￦ ‫ڴڴڼ‬Ζ‫ڴڴڴ‬￦ ‫ڴڴڼ‬Ζ‫ڴڴڴ‬￦ ￦

ￍ¶³··￦´¹¶§¬¥·©· ‫ڴڹں‬Ζ‫ڴڴڴ‬
ￒ©··Ό￦ￖ¹¶§¬¥·©￦¶©¸￦¥²¨￦¥°°³»￦ ‫ڴڸ‬Ζ‫ڴڴڴ‬￦ ￦
￦￦￦￦￦￦￦￦￦￦￦ￖ¹¶§¬¥·©￦¨­·§³¹²¸·￦ ‫ڴڵ‬Ζ‫ڴڴڴ‬￦ ‫ڴڹ‬Ζ‫ڴڴڴ‬￦
ￔ©¸￦ￖ¹¶§¬¥·©·￦ ￦ 600,000
￦
Question No. 3
￙¥°©·￦ ￦ ￦ ‫ڵ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦￙¥°©·￦¶©¸￦¥²¨￦¥°°³»￦ ￦ ‫ڴڶ‬Ζ‫ڴڴڴ‬￦ ￦
￦￦￦￦￦￦￦￦￦￦￦￙¥°©·￦¨­·§³¹²¸· ￦ ‫ڴڵ‬Ζ‫ڴڴڴ‬￦ ‫ڴڷ‬Ζ‫ڴڴڴ‬￦
ￔ©¸￦￙¥°©· ￦ ￦ ‫ڴڻڽ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦￉³·¸￦³ª￦￙¥°©·￦ ￦ ￦ ￦
￦￦ￓ©¶§¬¥²¨­·©￦­²º©²¸³¶½￦¦©«Κ￦ ￦ ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦ ￦
￦￦ￇ¨¨Ό ￔ©¸￦ￖ¹¶§¬¥·©· ￦ ￦ ￦
￦￦ￖ¹¶§¬¥·©·￦ ‫ڴڴں‬Ζ‫ڴڴڴ‬￦ ￦ ￦
￦￦ￇ¨¨Ό￦ￌ¶©­«¬¸Ο­²￦ Ο￦ ￦ ￦
￦￦ￍ¶³··￦ￖ¹¶§¬¥·©·￦ ‫ڴڹں‬Ζ‫ڴڴڴ‬￦ ￦ ￦
￦￦ￒ©··Ό￦ￖ¹¶§¬Κ￦￘©¸￦¥²¨￦¥°°³»￦ ‫ڴڸ‬Ζ‫ڴڴڴ‬￦ ￦ ￦
￦￦￦￦￦￦￦￦￦￦￦￦￦ￖ¹¶§¬¥·©￦¨­·§³¹²¸·￦ ‫ڴڵ‬Ζ‫ڴڴڴ‬￦ ‫ڴڴں‬Ζ‫ڴڴڴ‬￦ ￦
￦￦ￚ³¸¥°￦«³³¨·￦¥º¥­°¥¦°©￦ª³¶￦·¥°©￦ ￦ ‫ڴڴڼ‬Ζ‫ڴڴڴ‬￦ ￦
￦￦ￒ©··Ό￦ￓ©¶§¬¥²¨­·©￦­²º©²¸³¶½Ζ￦©²¨￦ ￦ ‫ڴڴڵ‬Ζ‫ڴڴڴ‬￦ ‫ڴڴڻ‬Ζ‫ڴڴڴ‬￦
ￍ¶³··￦ￏ²§³±©￦ϑ￦ￍ¶³··￦ￖ¶³ª­¸￦ ￦ ￦ 270,000
￦
Question No. 4
Prepaid/Accrued Salaries
￈©«Κ￦ ￈¥°¥²§©￦ Οￖ¶©´¥­¨￦ ‫ڴڴڵ‬Ζ‫ڴڴڴ‬￦ ‫ڹڶڵ‬Ζ‫ڴڴڴ‬ ￈¥°¥²§©￦ ©²¨ Ο ￖ¶©´¥­¨￦
￙¥°¥¶­©·￦ ￙¥°¥¶­©·￦
￈¥°¥²§©￦ ©²¨￦ Ο￦ ￇ§§¶¹©¨￦ ‫ڴڹ‬Ζ‫ڴڴڴ‬￦ ‫ڹڻ‬Ζ‫ڴڴڴ‬￦ ￈©«Κ￦ ￈¥°¥²§©￦ Ο￦ ￇ§§¶¹©¨￦
￙¥°¥¶­©·￦ ￙¥°¥¶­©·￦
ￖ¥½±©²¸·￦ ‫ڴڹڷ‬Ζ‫ڴڴڴ‬￦ 300,000 ￙¥°¥¶­©·￦ ©¼´©²·©￦
(squeeze)￦
9
Chapter 5: Cash to Accrual

ￚ³¸¥°￦ ‫ڴڴڹ‬Ζ‫ڴڴڴ‬￦ ‫ڴڴڹ‬Ζ‫ڴڴڴ‬￦ ￦

￦

Question No. 5
Accrued rent/Unearned rent
￈©«Κ￦ ￈¥°¥²§©￦ Ο￦ ￇ§§¶¹©¨￦ ‫ڴڻ‬Ζ‫ڴڴڴ‬ ‫ڴڸ‬Ζ‫ڴڴڴ‬￦ ￈¥°¥²§©￦ ©²¨￦ Ο￦ ￇ§§¶¹©¨￦
¶©²¸￦ ¶©²¸￦
￈¥°¥²§©￦ ©²¨￦ Ο￦ ￛ²©¥¶²©¨￦ ‫ڴڸ‬Ζ‫ڴڴڴ‬ ‫ڴڼ‬Ζ‫ڴڴڴ‬￦ ￈©«Κ￦ ￈¥°¥²§©￦ Ο￦ ￛ²©¥¶²©¨￦
¶©²¸￦ ¶©²¸￦
￘©²¸￦­²§³±©￦(squeeze)￦ 490,000 ‫ڴڴڷ‬Ζ‫ڴڴڴ‬￦ ￉³°°©§¸­³²￦³ª￦¶©²¸￦
ￚ³¸¥°￦ ‫ڴڴں‬Ζ‫ڴڴڴ‬￦ ‫ڴڴں‬Ζ‫ڴڴڴ‬￦ ￦
￦

SUMMARY OF ANSWERS:
1. A 2. B 3. C 4. B 5. B
￦
￦
PROBLEM 5-11
Question No. 1
Accounts receivable trade
￈©«Κ￦￈¥°¥²§©￦ ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦ ‫ڴڴڷ‬Ζ‫ڴڴڴ‬￦ ￈¥°¥²§©￦©²¨￦
￘©§³º©¶­©· ‫ڼ‬Ζ‫ڴڴڴ‬￦ ‫ڴڶ‬Ζ‫ڴڴڴ‬￦ ￙¥°©·￦¨­·§³¹²¸·￦
￙¥°©·￦(squeeze)￦ ‫ڵ‬Ζ‫ڴڻڹ‬Ζ‫ڴڴڴ‬￦ ‫ڵ‬Ζ‫ڼڴڸ‬Ζ‫ڴڴڴ‬￦ ￉³°°©§¸­³²·￦ ­²§°¹¨­²«￦
¶©§³º©¶­©·￦Ϯ‫ڵ‬Ζ‫ڼڽڸ‬Ζ‫ڴڴڴ‬Ο￦
￦ ￦ ￦ ￦￦‫ڴڼ‬Ζ‫ڴڶܩڴڴڴ‬Ζ‫ڴڴ‬Ο‫ڴڷ‬Ζ‫ڴڴڴ‬ϯ
￦ ￦ ‫ڴڹ‬Ζ‫ڴڴڴ‬￦ ￇ§§³¹²¸·￦»¶­¸¸©²Ο³ªª￦
ￚ³¸¥°￦ ‫ڵ‬Ζ‫ڼڻڻ‬Ζ‫ڴڴڴ‬￦ ‫ڵ‬Ζ‫ڼڻڻ‬Ζ‫ڴڴڴ‬￦ ￦
￦

￙¥°©·￦ ‫ڵ‬Ζ‫ڴڻڹ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦￙¥°©·￦¨­·§³¹²¸￦ ‫ڴڶ‬Ζ‫ڴڴڴ‬￦
ￔ©¸￦￙¥°©·￦ 1,550,000
￦

Question No. 2
Accounts payable trade
ￖ¥½±©²¸￦Ϯ‫ڵ‬Ζ‫ڴڵڶ‬Ζ‫ڴڴڴ‬Ο￦ ￦ ‫ڴڹڵ‬Ζ‫ڴڴڴ‬￦ ￈©«Κ￦￈¥°¥²§©￦
￦￦‫ڴڶ‬Ζ‫ڴڷܩڴڴڴ‬Ζ‫ڴڴڴ‬ϯ ‫ڵ‬Ζ‫ڴڵڶ‬Ζ‫ڴڴڴ‬￦ ‫ڵ‬Ζ‫ڴڻڵ‬Ζ‫ڴڴڴ‬￦ ￖ¹¶§¬¥·©·￦(squeeze)￦
ￖ¹¶§¬¥·©￦¶©¸Κ￦¥²¨￦¥°°³»Κ￦ ‫ڴڵ‬Ζ‫ڴڴڴ‬￦ ￦ ￦
￈¥°¥²§©￦©²¨￦ ‫ڴڴڵ‬Ζ‫ڴڴڴ‬￦ ￦ ￦
ￚ³¸¥°￦ ‫ڵ‬Ζ‫ڴڶڷ‬Ζ‫ڴڴڴ‬￦ ‫ڵ‬Ζ‫ڴڶڷ‬Ζ‫ڴڴڴ‬￦ ￦
￦

ￖ¹¶§¬¥·©·￦ ‫ڵ‬Ζ‫ڴڻڵ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦ￖ¹¶§¬¥·©·￦¨­·§³¹²¸￦ ‫ڴڵ‬Ζ‫ڴڴڴ‬￦
ￔ©¸￦ￖ¹¶§¬¥·©·￦ 1,160,000
￦

10
Chapter 5: Cash to Accrual

Question No. 3
Merchandise inventory
￈©«Κ￦￈¥°¥²§©￦ ‫ڴڼڷ‬Ζ‫ڴڴڴ‬ ‫ڴڷڷ‬Ζ‫ڴڴڴ‬￦ ￈¥°¥²§©￦©²¨￦
ￔ©¸￦ ￖ¹¶§¬¥·©·￦ ‫ڵ‬Ζ‫ڴںڵ‬Ζ‫ڴڴڴ‬ 1,210,000 ￉³·¸￦³ª￦￙¥°©·￦(squeeze)
Ϯ‫ڵ‬Ζ‫ڴڻڵ‬Ζ‫ڴڴڴ‬Ο‫ڴڵ‬Ζ‫ڴڴڴ‬ϯ￦
ￚ³¸¥°￦ ￦‫ڵ‬Ζ‫ڴڸڹ‬Ζ‫ڴڴڴ‬￦ ‫ڵ‬Ζ‫ڴڸڹ‬Ζ‫ڴڴڴ‬￦ ￦
￦
Question No. 4
Rent Receivable
￈©«Κ￦￈¥°¥²§©￦ ‫ڴڻ‬Ζ‫ڴڴڴ‬ ‫ڴڼ‬Ζ‫ڴڴڴ‬￦ ￈¥°¥²§©￦©²¨￦
￘©²¸￦­²§³±©￦(squeeze)￦ 130,000 ‫ڴڶڵ‬Ζ‫ڴڴڴ‬￦ ￉³°°©§¸­³²·￦
ￚ³¸¥°￦ ￦‫ڴڴڶ‬Ζ‫ڴڴڴ‬ ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦

Question No. 5
Allowance for Doubtful accounts
ￇ§§³¹²¸·￦»¶­¸¸©²￦³ªª￦ ‫ڴڹ‬Ζ‫ڴڴڴ‬ ‫ڴڶ‬Ζ‫ڴڴڴ‬￦ ￈©«Κ￦￈¥°¥²§©￦
￈¥°¥²§©￦©²¨￦ ‫ڴڷ‬Ζ‫ڴڴڴ‬ 52,000 ￊ³¹¦¸ª¹°￦ ¥§§³¹²¸￦
©¼´©²·©(squeeze)￦
￦ ‫ڼ‬Ζ‫ڴڴڴ‬￦ ￘©§³º©¶­©·￦
ￚ³¸¥°￦ ‫ڴڼ‬Ζ‫ڴڴڴ‬ ‫ڴڼ‬Ζ‫ڴڴڴ‬￦
￦
SUMMARY OF ANSWERS:
‫ڵ‬Κ￦ B ‫ڶ‬Κ￦ B ‫ڷ‬Κ￦ B ‫ڸ‬Κ￦ A ‫ڹ‬Κ￦ A
￦
￦
PROBLEM 5-12 Comprehensive
Question No. 1
Accounts receivable trade
￈©«Κ￦￈¥°¥²§©￦ ‫ڴڴڹ‬Ζ‫ڴڴڴ‬￦ ‫ڴڹڻ‬Ζ‫ڴڴڴ‬￦ ￈¥°¥²§©￦©²¨
ￖ¶³ª©··­³²¥°￦ ª©©·￦ 5,250,000 ‫ڹ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦ ￉³°°©§¸­³²·￦
(squeeze)￦
ￚ³¸¥°￦ ‫ڹ‬Ζ‫ڴڹڻ‬Ζ‫ڴڴڴ‬￦ ‫ڹ‬Ζ‫ڴڹڻ‬Ζ‫ڴڴڴ‬￦ ￦
￦
Question No. 2
ￖ¶³ª©··­³²¥°￦ￌ©©· Ϯ￙©©￦ￔ³Κ￦‫ڵ‬ϯ￦ ‫ڹ‬Ζ‫ڴڹڶ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦￘©²¸￦©¼´©²·©￦Ϯ‫ڵ‬Κ‫ڶ‬ￓ￦‫ڴڴڵܩ‬Ζ‫ڴڴڴ‬ϯ￦ ‫ڵ‬Ζ‫ڴڴڷ‬Ζ‫ڴڴڴ‬￦ ￦
￦￦￦￦￦￦￦￦￦￦￦￙¹´´°­©·￦©¼´©²·©￦￦
￦ Ϯ‫ڴڴڼ‬Ζ‫ڴڴڷܩڴڴڴ‬Ζ‫ڴڴڴ‬Ο‫ڴڹڶ‬Ζ‫ڴڴڴ‬ϯ￦ ‫ڴڹڼ‬Ζ‫ڴڴڴ‬￦ ￦
￦￦￦￦￦￦￦￦￦￦￦ￕ¸¬©¶￦³´©¶¥¸­²«￦©¼´©²·©￦ ‫ڴڹڻ‬Ζ‫ڴڴڴ‬￦ ￦
￦￦￦￦￦￦￦￦￦￦￦ￏ²¸©¶©·¸￦©¼´©²·©￦Ϯ‫ڵ‬ￓ￦¼￦‫ܫڶڵ‬￦¼￦‫ڽ‬ϑ‫ڶڵ‬ϯ￦ ‫ڴڽ‬Ζ‫ڴڴڴ‬￦ ￦
￦￦￦￦￦￦￦￦￦￦￦ￊ©´¶©§­¥¸­³²￦©¼´©²·©￦Ϯ‫ڶ‬Ζ‫ڴڴڹ‬Ζ‫ڴڴڴ‬ϑ‫ڴڵ‬ϯ￦ ‫ڴڹڶ‬Ζ‫ڴڴڴ‬￦ ‫ڷ‬Ζ‫ڴڸڶ‬Ζ‫ڴڴڴ‬￦
11
Chapter 5: Cash to Accrual

ￔ©¸￦­²§³±©￦ ￦ 2,010,000
￦
Question No. 3
￉¥·¬￦ ‫ڵ‬Ζ‫ڴڴڹ‬Ζ‫ڴڴڴ‬￦
ￇ§§³¹²¸·￦￘©§©­º¥¦°© ‫ڴڹڻ‬Ζ‫ڴڴڴ‬￦
￙¹´´°­©·￦ ‫ڴڹڶ‬Ζ‫ڴڴڴ‬￦
ￚ³¸¥°￦￉¹¶¶©²¸￦ￇ··©¸·￦ 2,500,000
￦
Question No. 4
ￌ¹¶²­¸¹¶©￦¥²¨￦ª­¼¸¹¶©·￦ ‫ڶ‬Ζ‫ڴڴڹ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦ￇ§§¹±¹°¥¸©¨￦ￊ©´¶©§­¥¸­³²
￦￦￦Ϯ‫ڹڶڵ‬Ζ‫ڴڴڴ‬￦‫ܩ‬￦‫ڴڹڶ‬Ζ‫ڴڴڴ‬ϯ￦ ‫ڹڻڷ‬Ζ‫ڴڴڴ‬￦
ￚ³¸¥°￦ￔ³²§¹¶¶©²¸￦ￇ··©¸·￦ 2,125,000
￦
Question No. 5
ￚ³¸¥°￦§¹¶¶©²¸￦¥··©¸·￦Ϯ￙©©￦ￔ³Κ￦‫ڷ‬ϯ￦ ‫ڶ‬Ζ‫ڴڴڹ‬Ζ‫ڴڴڴ‬￦
ￚ³¸¥°￦²³²§¹¶¶©²¸￦¥··©¸·￦Ϯ￙©©￦ￔ³Κ￦‫ڸ‬ϯ￦ ‫ڶ‬Ζ‫ڹڶڵ‬Ζ‫ڴڴڴ‬￦
ￚ³¸¥°￦ￇ··©¸·￦ 4,625,000
￦
Question No. 6
ￔ³¸©·￦ￖ¥½¥¦°©￦ ‫ڵ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬
ￇ§§¶¹©¨￦¶©²¸￦ ‫ڴڴڵ‬Ζ‫ڴڴڴ‬￦
ￇ§§¶¹©¨￦­²¸©¶©·¸￦³²￦²³¸©·￦´¥½¥¦°©￦
￦￦￦Ϯ‫ڵ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦¼￦‫ܫڶڵ‬￦¼￦‫ڽ‬ϑ‫ڶڵ‬ϯ￦ ‫ڴڽ‬Ζ‫ڴڴڴ‬￦
ￚ³¸¥°￦￉¹¶¶©²¸￦ￒ­¥¦­°­¸­©·￦ 1,190,000
￦
Question No. 7
ￚ³¸¥°￦¥··©¸·￦Ϯ￙©©￦ￔ³Κ￦‫ڹ‬ϯ￦ ‫ڸ‬Ζ‫ڹڶں‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦ ￚ³¸¥°￦ °­¥¦­°­¸­©·￦ Ϯ￙©©￦ ￔ³Κ￦ ‫ں‬ϯ￦ ￦ ¥°°￦ ¥¶©￦
§¹¶¶©²¸￦ ‫ڵ‬Ζ‫ڴڽڵ‬Ζ‫ڴڴڴ‬￦
ￚ³¸¥°￦ ￦ 3,435,000
￦
SUMMARY OF ANSWERS:
‫ڵ‬Κ￦ B ‫ڶ‬Κ￦ B ‫ڷ‬Κ￦ A ‫ڸ‬Κ￦ A ‫ڹ‬Κ￦ A ‫ں‬Κ￦ C ‫ڻ‬Κ￦ B
￦
PROBLEM 5-13
Question No. 1
Accounts receivable trade
￈©«Κ￦￈¥°¥²§©￦ ‫ڸڶڵ‬Ζ‫ڴڴڴ‬￦ ‫ںڸڵ‬Ζ‫ڴڴڴ‬￦ ￈¥°¥²§©￦©²¨￦
￙¥°©·￦³²￦¥§§³¹²¸￦￦ ￦ ‫ڷڵ‬Ζ‫ڴڴڴ‬￦ ￙¥°©·￦¨­·§³¹²¸￦
(squeeze)￦ ‫ڵ‬Ζ‫ڹڷڹ‬Ζ‫ڴڴڴ‬￦ ‫ڵ‬Ζ‫ڴڴڹ‬Ζ‫ڴڴڴ‬￦ ￉³°°©§¸­³²·￦
ￚ³¸¥°￦ ‫ڵ‬Ζ‫ڽڹں‬Ζ‫ڴڴڴ‬￦ ‫ڵ‬Ζ‫ڽڹں‬Ζ‫ڴڴڴ‬ ￦
￦

12
Chapter 5: Cash to Accrual

￙¥°©·￦³²￦¥§§³¹²¸￦ ‫ڵ‬Ζ‫ڹڷڹ‬Ζ‫ڴڴڴ‬￦
ￇ¨¨Ό￦￉¥·¬￦·¥°©· ‫ڴںڵ‬Ζ‫ڴڴڴ‬￦
ￚ³¸¥°￦·¥°©· 1,695,000
￦

Question No. 2
ￍ¶³··￦·¥°©·￦Ϯ·©©￦ￔ³Κ￦‫ڵ‬ϯ ‫ڵ‬Ζ‫ڹڽں‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦￙¥°©·￦¨­·§³¹²¸￦ ‫ڷڵ‬Ζ‫ڴڴڴ‬￦
ￔ©¸￦·¥°©·￦ 1,682,000
￦
Question No. 3
Accounts Payable
ￖ¥½±©²¸·￦ ‫ڵ‬Ζ‫ںڴڶ‬Ζ‫ڴڴڴ‬￦ ‫ڶڼڷ‬Ζ‫ڴڴڴ‬￦ ￈©«Κ￦￈¥°¥²§©￦
￈¥°¥²§©￦©²¨￦ ‫ڴڵڸ‬Ζ‫ڴڴڴ‬￦ ‫ڵ‬Ζ‫ڸڷڶ‬Ζ‫ڴڴڴ‬￦ ￖ¹¶§¬¥·©·￦(squeeze)￦
ￚ³¸¥°￦ ‫ڵ‬Ζ‫ںڵں‬Ζ‫ڴڴڴ‬￦ ‫ڵ‬Ζ‫ںڵں‬Ζ‫ڴڴڴ‬￦
￦

ￖ¹¶§¬¥·©·￦³²￦¥§§³¹²¸￦ ‫ڵ‬Ζ‫ڸڷڶ‬Ζ‫ڴڴڴ‬￦￦
ￇ¨¨Ό￦￉¥·¬￦´¹¶§¬¥·©·￦ ‫ڴڶڵ‬Ζ‫ڴڴڴ‬￦
ￚ³¸¥°￦ￖ¹¶§¬¥·©·￦ 1,354,000
￦
Question No. 4
Merchandise Inventory
￈©«Κ￦￈¥°¥²§©￦ ‫ںڼڵ‬Ζ‫ڴڴڴ‬￦ ‫ڴڽڵ‬Ζ‫ڴڴڴ‬￦ ￈¥°¥²§©￦©²¨￦
ￔ©¸￦´¹¶§¬¥·©·￦ ‫ڵ‬Ζ‫ڸڹڷ‬Ζ‫ڴڴڴ‬￦ 1,350,000 ￉³·¸￦³ª￦·¥°©·￦(squeeze)￦
ￚ³¸¥°￦ ‫ڵ‬Ζ‫ڴڸڹ‬Ζ‫ڴڴڴ‬￦ ‫ڵ‬Ζ‫ڴڸڹ‬Ζ‫ڴڴڴ‬￦ ￦
￦
Question No. 5
Prepaid G&A/Accrued G&A
￈©«Κ￦ ￈¥°¥²§©￦ Ο￦ ￖ¶©´¥­¨￦ ‫ڽ‬Ζ‫ڴڴں‬ ‫ڼ‬Ζ‫ڴڴڸ‬￦ ￈¥°¥²§©￦ ©²¨￦ Ο￦ ￖ¶©´¥­¨￦
ￏ²¸©¶©·¸￦ ￏ²¸©¶©·¸￦
￈¥°¥²§©￦ ©²¨￦ ￦ ￇ§§¶¹©¨￦ ‫ڽ‬Ζ‫ڴڴڴ‬ ‫ڻ‬Ζ‫ ڴڴڴ‬￈©«Κ￦ ￈¥°¥²§©￦ ￦ ￇ§§¶¹©¨￦
ￏ²¸©¶©·¸￦ ￏ²¸©¶©·¸￦
ￖ¥½±©²¸·￦ ‫ڸڴڶ‬Ζ‫ڴڴڴ‬ 207,200 ￋ¼´©²·©·￦
ￚ³¸¥°￦ ￦‫ڶڶڶ‬Ζ‫ڴڴں‬￦ ‫ڶڶڶ‬Ζ‫ڴڴں‬￦ ￦
￦

Question No. 6
ￍ©²©¶¥°￦¥²¨￦¥¨±­²­·¸¶¥¸­º©￦©¼´©²·©￦Ϯ·©©￦ￔ³Κ￦‫ڹ‬ϯ￦ ￦‫ڻڴڶ‬Ζ‫ڴڴڶ‬￦￦
ￊ©´¶©§­¥¸­³²￦©¼´©²·©￦ ‫ڸڼ‬Ζ‫ڴڴڴ‬￦
￝¥¶¶¥²¸½￦©¼´©²·©￦ ‫ں‬Ζ‫ڴڴڸ‬￦
ￚ³¸¥°￦³´©¶¥¸­²«￦©¼´©²·©￦ 297,600
￦

Question No. 7
￙©°°­²«￦´¶­§©￦³ª￦°¥²¨￦ ￦￦￦￦￦‫ڴڶ‬Ζ‫ڴڴڴ‬￦￦
ￒ©··Ό￦￈³³¯￦º¥°¹©￦³ª￦°¥²¨￦ ‫ںڵ‬Ζ‫ڴڴڴ‬￦

13
Chapter 5: Cash to Accrual

ￍ¥­²￦³²￦·¥°©￦³ª￦°¥²¨￦ 4,000
￦

Question No. 8
￙©°°­²«￦ￖ¶­§©￦ ￦ ‫ڶڵ‬Ζ‫ڴڴڴ‬￦
ￒ©··￦￈³³¯￦º¥°¹©￦ ￦ ￦
￦￦￦￦￉³·¸ ‫ڹڶ‬Ζ‫ڴڴڴ‬
￦￦￦￦ￒ©··Ό￦ￇ§§¹±¹°¥¸©¨￦¨©´¶©§­¥¸­³²￦ ‫ںڵ‬Ζ‫ڴڴڴ‬￦ ‫ڽ‬Ζ‫ڴڴڴ‬￦
ￍ¥­²￦³²￦·¥°©￦³ª￦»¥¶©¬³¹·©￦©µ¹­´±©²¸￦ ￦ 3,000
￦

Question No. 9
￙©°°­²«￦ￖ¶­§©￦ ￦ ‫ڶڸ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό ￈³³¯￦º¥°¹©￦
￦￦￦￦￉³·¸￦ ‫ڼڸ‬Ζ‫ڴڴڴ‬￦ ￦
￦￦￦￦ￒ©··Ό￦ￇ§§¹±¹°¥¸©¨￦¨©´¶©§­¥¸­³²￦ ‫ڴڶ‬Ζ‫ڴڴڴ‬￦ ‫ڼڶ‬Ζ‫ڴڴڴ‬￦
ￍ¥­²￦³²￦·¥°©￦³ª￦￦¦³­°©¶￦ ￦ 14,000
￦

Question No. 10
ￔ©¸￦￙¥°©· ‫ڵ‬Ζ‫ڶڼں‬Ζ‫ڴڴڴ‬
ￒ©··Ό￦￉³·¸￦³ª￦￙¥°©·￦ ‫ڵ‬Ζ‫ڴڹڷ‬Ζ‫ڴڴڴ‬￦
ￍ¶³··￦ￖ¶³ª­¸￦ ‫ڶڷڷ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦ￕ´©¶¥¸­²«￦©¼´©²·©·￦ ‫ڻڽڶ‬Ζ‫ڴڴں‬￦
￦￦￦￦￦￦￦￦￦￦￦ￍ¥­²￦³²￦·¥°©￦Ϯ‫ڸڵ‬Ζ‫ڷܩڴڴڴ‬Ζ‫ڸܩڴڴڴ‬Ζ‫ڴڴڴ‬ϯ ‫ڵڶ‬Ζ‫ڴڴڴ‬
ￔ©¸￦­²§³±©￦ 55,400
￦
SUMMARY OF ANSWERS:
‫ڵ‬Κ￦ B ‫ڶ‬Κ￦ C ‫ڷ‬Κ￦ D ‫ڸ‬Κ￦ A ‫ڹ‬Κ￦ B
‫ں‬Κ A ‫ڻ‬Κ A ‫ڼ‬Κ￦ C ‫ڽ‬Κ￦ ‫ڴڵ‬Κ￦ A
￦
￦
PROBLEM 5-14 Comprehensive
Question No. 1
Accounts receivable trade
￈©«Κ￦￈¥°¥²§©￦ ‫ڴڹڵ‬Ζ‫ڴڴڴ‬ ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦ ￈¥°¥²§©￦©²¨￦
￙¥°©·￦(squeeze)￦ 800,000 ‫ڴڵ‬Ζ‫ڴڴڴ‬￦ ￙¥°©·￦¶©¸¹¶²·￦
￦ ‫ڴڸڻ‬Ζ‫ڴڴڴ‬￦ ￉³°°©§¸­³²·￦￦
ￚ³¸¥°￦ ‫ڴڹڽ‬Ζ‫ڴڴڴ‬￦ ‫ڴڹڽ‬Ζ‫ڴڴڴ‬￦ ￦

Question No. 2
￙¥°©·￦³²￦¥§§³¹²¸￦ ‫ڴڴڼ‬Ζ‫ڴڴڴ‬
ￇ¨¨Ό￦￉¥·¬￦·¥°©·￦ ‫ڴڴڵ‬Ζ‫ڴڴڴ‬￦
ￚ³¸¥°￦·¥°©·￦ ‫ڴڴڽ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦￙¥°©·￦¶©¸¹¶²·￦¥²¨￦¥°°³»¥²§©· ‫ڴڵ‬Ζ‫ڴڴڴ‬
ￔ©¸￦·¥°©· ‫ڴڽڼ‬Ζ‫ڴڴڴ‬
ￒ©··Ό￦￉³·¸￦³ª￦·¥°©·￦Ϯ·µ¹©©¾©ϯ￦ ‫ڴڽڷ‬Ζ‫ڴڴڴ‬￦
ￍ¶³··￦´¶³ª­¸￦Ϯ‫ڴڴڶ‬Ζ‫ڴڴڴ‬ϑ‫ܫڴڸ‬ϯ￦ ‫ڴڴڹ‬Ζ‫ڴڴڴ‬￦

14
Chapter 5: Cash to Accrual

Merchandise inventory
￈©«Κ￦￈¥°¥²§©￦ ‫ڴڽڵ‬Ζ‫ڴڴڴ‬￦ ‫ڴڶڶ‬Ζ‫ڴڴڴ‬￦ ￈¥°¥²§©￦©²¨￦
ￔ©¸￦ￖ¹¶§¬¥·©·￦Ϯ·µ¹©©¾©ϯ￦ 420,000 ‫ڴڽڷ‬Ζ‫ڴڴڴ‬￦ ￉³·¸￦³ª￦￙¥°©·￦
ￚ³¸¥°￦ ‫ڴڵں‬Ζ‫ڴڴڴ‬￦ ‫ڴڵں‬Ζ‫ڴڴڴ‬ ￦

Question No. 3
Accounts Payable trade
ￖ¥½±©²¸·￦(squeeze)￦ 470,000 ‫ڴڷڶ‬Ζ‫ڴڴڴ‬￦ ￈©«Κ￦ ￈¥°¥²§©￦ Ο￦ ￇ§§³¹²¸·￦
´¥½¥¦°©￦
ￖ¹¶§¬¥·©￦ ¶©¸¹¶²·￦ ¥²¨￦ ‫ڼ‬Ζ‫ڴڴڴ‬￦ ‫ڼڶڸ‬Ζ‫ڴڴڴ‬￦ ￍ¶³··￦ ´¹¶§¬¥·©·￦
¥°°³»¥²§©·￦ Ϯ‫ڴڶڸ‬Ζ‫ڼܩڴڴڴ‬Ζ‫ڴڴڴ‬ϯ￦
￈¥°¥²§©￦©²¨￦ ￦ￇ§§³¹²¸·￦ ‫ڴڼڵ‬Ζ‫ڴڴڴ‬￦ ￦ ￦
´¥½¥¦°©￦
ￚ³¸¥°￦ ‫ڼڹں‬Ζ‫ڴڴڴ‬￦ ‫ڼڹں‬Ζ‫ڴڴڴ‬￦ ￦

Question No. 4
ￚ³¸¥°￦´¥½±©²¸￦³ª￦ￇ§§³¹²¸·￦´¥½¥¦°©￦¥²¨￦¥¨±­²￦©¼´©²·©·￦ ‫ڼڵڹ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦ￖ¥½±©²¸￦³ª￦ￇ§§³¹²¸·￦´¥½¥¦°©￦ ‫ڴڻڸ‬Ζ‫ڴڴڴ‬￦
ￖ¥½±©²¸￦³ª￦¥¨±­²￦©¼´©²·©·￦ 48,000
￦
Question No. 5
ￖ¥½±©²¸￦³ª￦¥¨±­²￦©¼´©²·©·￦ ‫ڼڸ‬Ζ‫ڴڴڴ‬￦
ￊ­º­¨©¨￦¦½Ό￦ ￖ©¶§©²¸¥«©￦³ª￦§¥·¬￦©¼´©²·©·￦¸³￦¸³¸¥°￦¥¨±­²￦ ￦
©¼´©²·©￦ ‫ܫڴڼ‬￦
ￚ³¸¥°￦¥¨±­²￦©¼´©²·©· ‫ڴں‬Ζ‫ڴڴڴ‬
ￇ¨¨Ό￦￙©°°­²«￦©¼´©²·©·￦ ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦
ￚ³¸¥°￦·©°°­²«￦¥²¨￦¥¨±­²­·¸¶¥¸­º©￦©¼´©²·©￦ 260,000
￦
Question No. 6
ￚ³¸¥°￦¥¨±­²­·¸¶¥¸­º©￦©¼´©²·©·￦ ‫ڴں‬Ζ‫ڴڴڴ‬
ￒ©··Ό￦ￖ¥½±©²¸￦³ª￦¥¨±­²­·¸¶¥¸­º©￦©¼´©²·©￦ ‫ڼڸ‬Ζ‫ڴڴڴ‬￦
ￔ³²Ο§¥·¬￦¥¨±­²­·¸¶¥¸­º©￦©¼´©²·©·￦ ‫ڶڵ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦ￊ©´¶©§­¥¸­³²￦ª³¶￦¦¹­°¨­²«￦ ￦
￦￦￦Ϯ‫ڴڸڸ‬Ζ‫ڴڴڴ‬￦¼￦‫ܫڴں‬￦¼￦‫ܫڹ‬￦¼￦‫ڽ‬ϑ‫ڶڵ‬ϯ￦ ‫ڽ‬Ζ‫ڴڴڴ‬￦
ￊ©´¶©§­¥¸­³²￦ª³¶￦ª¹¶²­¸¹¶©￦¥²¨￦ª­¼¸¹¶©·￦ ‫ڷ‬Ζ‫ڴڴڴ‬
ￊ­º­¨©¨￦¦½Ό￦ￔ¹±¦©¶￦³ª￦±³²¸¬·￦¹·©¨￦³º©¶￦‫ڶڵ‬￦±³²¸¬·￦ ‫ں‬ϑ‫ڶڵ‬￦
ￇ²²¹¥°￦¨©´¶©§­¥¸­³²￦ ‫ں‬Ζ‫ڴڴڴ‬￦
ￊ­º­¨©¨￦¦½Ό￦ￊ©´¶©§­¥¸­³²￦¶¥¸©￦ ‫ܫڴڵ‬
￉³·¸￦³ª￦ￌ¹¶²­¸¹¶©￦¥²¨￦ￌ­¼¸¹¶©·￦Ϯ²³￦¶©·­¨¹¥°￦º¥°¹©ϯ 60,000

SUMMARY OF ANSWERS:
1. A 2. A 3. B 4. A 5. C 6. A

15
Chapter 5: Cash to Accrual

PROBLEM 5-15

Question No. 1
￉¥·¬￦￘©§©­´¸·Ό￦ ￦ ￦
￦￦ￌ¶³±￦§¹·¸³±©¶·￦ ‫ڴںڷ‬Ζ‫ڴڴڴ‬￦ ￦
￦ ￌ¶³±￦­··¹©￦³ª￦³¶¨­²¥¶½￦·¬¥¶©· ‫ڴڴڵ‬Ζ‫ڴڴڴ‬
￦￦ￌ¶³±￦¦¥²¯￦°³¥²￦ ‫ڴڴڵ‬Ζ‫ڴڴڴ‬￦ ‫ڴںڹ‬Ζ‫ڴڴڴ‬￦
￉¥·¬￦¨­·¦¹¶·©±©²¸·Ό￦ ￦ ￦
￦￦ￖ¹¶§¬¥·©￦³ª￦­²º©²¸³¶½￦ ‫ڴڴڷ‬Ζ‫ڴڴڴ‬￦ ￦
￦ ￘©²¸￦ ‫ڹڵ‬Ζ‫ڴڴڴ‬
￦￦￙¥°¥¶­©·￦ ‫ڴڷ‬Ζ‫ڴڴڴ‬￦ ￦
￦￦ￛ¸­°­¸­©·￦ ‫ڹ‬Ζ‫ڴڴڴ‬￦ ￦
￦ ￏ²·¹¶¥²§©￦ ‫ڷ‬Ζ‫ڴڴڴ‬
￦￦ￖ¹¶§¬¥·©￦³ª￦©µ¹­´±©²¸￦¥²¨￦ª¹¶²­¸¹¶©￦ ‫ڴڸ‬Ζ‫ڴڴڴ‬￦ ‫ڷڽڷ‬Ζ‫ڴڴڴ‬￦
￉¥·¬￦ ￦ 167,000

Question Nos. 2 and 3
￉¹¶¶©²¸￦¥··©¸·￦ ￦ ￦
￦￉¥·¬￦ ‫ڻںڵ‬Ζ‫ڴڴڴ‬
￦ￏ²º©²¸³¶­©·￦ ￦ ‫ڴڴڵ‬Ζ‫ڴڴڴ‬￦
￦ￖ¶©´¥­¨￦¶©²¸￦Ϯ‫ڵ‬Ζ‫ڴڴڴ‬￦¼￦‫ڷ‬ϯ￦ ￦ ‫ڷ‬Ζ‫ڴڴڴ‬￦
ￚ³¸¥°￦§¹¶¶©²¸￦¥··©¸·￦(No. 2) 270,000
ￔ³²§¹¶¶©²¸￦¥··©¸·￦ ￦ ￦
￦ￖ¶³´©¶¸½Ζ￦´°¥²¸￦¥²¨￦©µ¹­´±©²¸￦ ‫ڴڸ‬Ζ‫ڴڴڴ‬￦ ￦
￦ￒ©··￦¥§§¹±¹°¥¸©¨￦¨©´¶©§­¥¸­³²￦ ‫ڸ‬Ζ‫ڴڴڴ‬￦ ‫ںڷ‬Ζ‫ڴڴڴ‬￦
Total assets (No. 3)￦ 306,000

Question No. 4
ￇ§§³¹²¸·￦´¥½¥¦°©￦ ‫ڴڶ‬Ζ‫ڴڴڴ‬￦
ￛ¸­°­¸­©·￦´¥½¥¦°©￦ ‫ڵ‬Ζ‫ڴڴڴ‬￦
ￒ³¥²·￦´¥½¥¦°© ‫ڴڴڵ‬Ζ‫ڴڴڴ‬
ￏ²¸©¶©·¸￦³²￦°³¥²·￦´¥½¥¦°©￦Ϯ‫ڴڴڵ‬Ζ‫ڴڴڴ‬￦¼￦‫ܫڶڵ‬￦¼￦‫ڽ‬ϑ‫ڶڵ‬ϯ￦ ‫ڽ‬Ζ‫ڴڴڴ‬￦
ￚ³¸¥°￦§¹¶¶©²¸￦°­¥¦­°­¸­©·￦ 130,000

Question No. 5
ￕ¶¨­²¥¶½￦·¬¥¶©·￦ ‫ڴڴڵ‬Ζ‫ڴڴڴ‬￦
￘©¸¥­²©¨￦©¥¶²­²«·￦Ϯ²©¸￦­²§³±©ϯ ‫ںڻڵ‬Ζ‫ڴڴڴ‬
￦ 176,000
￦

SUMMARY OF ANSWERS:
‫ڵ‬Κ￦ B ‫ڶ‬Κ￦ B ‫ڷ‬Κ￦ A ‫ڸ‬Κ￦ D ‫ڹ‬Κ￦ A

16
Chapter 5: Cash to Accrual

PROBLEM 5-16

Question No. 1￦
ￔ³¸©·￦¶©§©­º¥¦°©￦ ￦ￊ©§©±¦©¶￦‫ڵڷ‬￦ ￦ ￦ ￦ ￦ ￦￦￦￦￦￦‫ڴڵڶ‬Ζ‫ڴڴڴ‬￦
ￇ§§³¹²¸·￦¶©§©­º¥¦°©￦ ￦ￊ©§©±¦©¶￦‫ڵڷ‬￦ ￦ ￦ ￦ ￦￦￦￦￦￦‫ڴڹڽ‬Ζ‫ڴڴڴ‬￦
￉³°°©§¸­³²￦³ª￦²³¸©·￦¥²¨￦¥§§³¹²¸·￦ ￦ ￦ ￦ ￦ ￦￦￦‫ڶ‬Ζ‫ڴڹڽ‬Ζ‫ڴڴڴ‬￦
ￔ³¸©￦¶©§©­º¥¦°©￦¨­·§³¹²¸©¨￦ ￦ ￦ ￦ ￦ ￦￦￦￦￦￦‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦
ￚ³¸¥°￦ ￦ ￦ ￦ ￦ ￦ ￦ ￦ ￦￦￦‫ڸ‬Ζ‫ڴڵڷ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦ￔ³¸©·￦¶©§©­º¥¦°©￦ ￦￐¥²¹¥¶½￦‫ڵ‬￦ ￦￦￦￦ ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦
ￇ§§³¹²¸·￦¶©§©­º¥¦°©￦ ￦￐¥²¹¥¶½￦‫ڵ‬￦ ￦ ￦ ￦￦￦‫ڴڸڻ‬Ζ‫ڴڴڴ‬￦ ￦￦￦￦￦￦‫ڴڸڽ‬Ζ‫ڴڴڴ‬￦
￙¥°©·￦³²￦¥§§³¹²¸￦￦ ￦ ￦ ￦ ￦ ￦ ￦ 3,370,000￦
￦
Question No. 2￦
ￔ³¸©·￦´¥½¥¦°©￦ ￦ￊ©§©±¦©¶￦‫ڵڷ‬￦ ￦ ￦ ￦ ￦ ￦￦￦￦￦￦‫ڴڼڹ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦ￔ³¸©￦´¥½¥¦°©￦ ￦¦¥²¯￦ ￦ ￦ ￦ ￦ ￦￦￦￦￦￦‫ڴڴڷ‬Ζ‫ڴڴڴ‬￦
ￔ³¸©·￦´¥½¥¦°©￦ ￦¸¶¥¨©￦ ￦ ￦ ￦ ￦ ￦ ￦￦￦￦￦￦‫ڴڼڶ‬Ζ‫ڴڴڴ‬￦
ￇ§§³¹²¸·￦´¥½¥¦°©￦ ￦ￊ©§©±¦©¶￦‫ڵڷ‬￦￦ ￦ ￦ ￦ ￦￦￦￦￦￦‫ڴڹڻ‬Ζ‫ڴڴڴ‬￦
ￖ¥½±©²¸￦³ª￦²³¸©·￦¥²¨￦¥§§³¹²¸·￦ ￦ ￦ ￦ ￦ ￦￦￦‫ڶ‬Ζ‫ڴڴڵ‬Ζ‫ڴڴڴ‬￦
ￚ³¸¥°￦ ￦ ￦ ￦ ￦ ￦ ￦ ￦ ‫ڷ‬Ζ‫ڴڷڵ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦ￔ³¸©·￦´¥½¥¦°©￦ ￦￐¥²¹¥¶½￦‫ڵ‬￦ ￦ ￦ ‫ڴڹڻ‬Ζ‫ڴڴڴ‬￦
ￇ§§³¹²¸·￦´¥½¥¦°©￦ ￦￐¥²¹¥¶½￦‫ڵ‬￦ ￦ ￦ ￦￦‫ڴڴں‬Ζ‫ڴڴڴ‬￦ ‫ڵ‬Ζ‫ڴڹڷ‬Ζ‫ڴڴڴ‬￦
ￖ¹¶§¬¥·©·￦³²￦¥§§³¹²¸￦ ￦ ￦ ￦ ￦ 1,780,000￦
￦
Question No. 3￦
ￋµ¹­´±©²¸￦ ￦￐¥²¹¥¶½￦‫ڵ‬￦ ￦ ￦ ￦ ￦ ￦ ‫ڵ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
ￇ¨¨Ό￦ￇ§µ¹­·­¸­³²￦￦ ￦ ￦ ￦ ￦ ￦ ￦￦￦‫ڴڼڶ‬Ζ‫ڴڴڴ‬￦
ￚ³¸¥°￦ ￦ ￦ ￦ ￦ ￦ ￦ ￦ ‫ڵ‬Ζ‫ڴڼڶ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦ￋµ¹­´±©²¸￦ ￦ￊ©§©±¦©¶￦‫ڵڷ‬￦ ￦ ￦ ￦ ￦ ‫ڵ‬Ζ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦
ￊ©´¶©§­¥¸­³²￦ ￦ ￦ ￦ ￦ ￦ ￦ ￦￦￦￦80,000￦
￦
Question No. 4￦
ￏ²¸©¶©·¸￦¥§§¶¹©¨￦³²￦²³¸©￦­··¹©¨￦¸³￦¦¥²¯￦Ϯ‫ڴڴڷ‬Ζ‫ڴڴڴ‬￦¼￦‫ܫڶڵ‬￦¼￦‫ڴڵ‬ϑ‫ڶڵ‬ϯ￦ ￦￦￦‫ڴڷ‬Ζ‫ڴڴڴ‬￦
ￏ²¸©¶©·¸￦©¼´©²·©￦￦ ￦ ￦ ￦ ￦ ￦ 30,000￦
￦
Note to Teacher:￦ￚ¬©¶©￦¥¶©￦¸»³￦´³··­¦°©￦¥²·»©¶·￦­²￦¸¬­·￦µ¹©·¸­³²￦¨©´©²¨­²«￦
³²￦¸¬©￦¥··¹±´¸­³²Ό￦
Assumption 1:￦ￊ­·§³¹²¸­²«￦»­¸¬￦¶©§³¹¶·©￦
ￊ­ªª©¶©²§©￦ ¦©¸»©©²￦ ¸¬©￦ ´¶³§©©¨·￦ ¥²¨￦ ¸¬©￦ ª¥§©￦ ¥±³¹²¸￦ ­·￦ ­²§°¹¨©¨￦ ­²￦ interest
expenseΚ￦
Assumption 2: ￊ­·§³¹²¸­²«￦»­¸¬³¹¸￦¶©§³¹¶·©￦
ￊ­ªª©¶©²§©￦ ¦©¸»©©²￦ ¸¬©￦ ´¶³§©©¨·￦ ¥²¨￦ ¸¬©￦ ª¥§©￦ ¥±³¹²¸￦ ­·￦ §³²·­¨©¶©¨￦ loss on
discountingΚ￦
￦

17
‫‪Chapter 5: Cash to Accrual‬‬

‫‪Question No. 5￦‬‬

‫‪ￜ³°¯·￦￉³±´¥²½￦‬‬
‫‪ￏ²§³±©￦￙¸¥¸©±©²¸￦‬‬
‫‪￦‬ڻڵڴڶ‪Ζ￦‬ڵڷ‪￟©¥¶￦©²¨©¨￦ￊ©§©±¦©¶￦‬‬
‫‪￦‬‬
‫‪￙¥°©·￦ ￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڻڷ‪Ζ‬ڷ‬
‫‪￉³·¸￦³ª￦·¥°©·Ό￦‬‬
‫‪￦‬‬ ‫‪￦ ￦‬ڵ‪ￏ²º©²¸³¶½￦ ￦￐¥²¹¥¶½￦‬‬ ‫‪￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڴں‪Ζ‬ڵ‬
‫‪￦‬‬ ‫‪ￖ¹¶§¬¥·©·￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڼڻ‪Ζ‬ڵ‬
‫‪￦‬‬ ‫‪ￍ³³¨·￦¥º¥­°¥¦°©￦ª³¶￦·¥°©￦ ￦‬‬ ‫‪￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڼڷ‪Ζ‬ڷ‬
‫‪￦‬‬ ‫‪￦ ￦‬ڵڷ‪ￒ©··Ό￦ￏ²º©²¸³¶½￦ ￦ￊ©§©±¦©¶￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڴڹ‪Ζ‬ڵ‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڼڼ‪Ζ‬ڵ‪￦￦￦￦‬‬
‫‪ￍ¶³··￦­²§³±©￦ ￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڽڸ‪Ζ‬ڵ‪￦￦￦‬‬
‫‪ￋ¼´©²·©·Ό￦‬‬
‫‪￦‬‬ ‫‪Єￋ¼´©²·©·￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڶڼ‬
‫‪￦‬‬ ‫‪ￊ©´¶©§­¥¸­³²￦ ￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڼ‬
‫‪￦‬‬ ‫‪ЄЄￒ³··￦³²￦·¥°©￦³ª￦­²º©·¸±©²¸￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڹ‬
‫‪￦‬‬ ‫‪ЄЄЄￒ³··￦³²￦²³¸©￦¶©§©­º¥¦°©￦¨­·§³¹²¸©¨￦‬‬ ‫‪￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڵ‬
‫‪￦‬‬ ‫‪ￏ²¸©¶©·¸￦©¼´©²·©￦￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڽڽ‪￦ ￦￦￦￦￦￦￦‬ڴڴڴ‪Ζ‬ڴڷ‬
‫‪ￔ©¸￦­²§³±©￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڴڹ‪￦￦￦￦￦￦￦‬‬
‫‪￦‬‬

‫‪Єￋ¼´©²·©·￦´¥­¨￦ ￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڽڻ‪￦￦￦‬‬

‫‪￦‬ڵ‪ￇ¨¨Ό￦ￖ¶©´¥­¨￦©¼´©²·©·￦ ￦￐¥²¹¥¶½￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڶڵ‪￦￦￦‬‬
‫‪￦‬ڵڷ‪￦￦￦￦￦￦￦￦￦￦￦ￇ§§¶¹©¨￦©¼´©²·©·￦ ￦ￊ©§©±¦©¶￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڹ‪￦￦￦￦￦‬‬
‫‪ￚ³¸¥°￦ ￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴںڽ‪￦￦￦‬‬
‫‪￦‬ڵڷ‪ￒ©··Ό￦ￖ¶©´¥­¨￦©¼´©²·©·￦ ￦ￊ©§©±¦©¶￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڴڵ‬
‫‪￦‬ڵ‪ￇ§§¶¹©¨￦©¼´©²·©·￦ ￦￐¥²¹¥¶½￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڸڵ‪￦￦￦￦‬ڴڴڴ‪Ζ‬ڴڸ‪￦￦‬‬
‫‪ￋ¼´©²·©·￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڶڼ‪￦￦￦‬‬
‫‪￦‬‬

‫‪ЄЄ￙¥°©·￦´¶­§©￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦￦￦￦￦￦￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڹڶ‬

‫‪ￒ©··Ό￦￉³·¸￦³ª￦­²º©·¸±©²¸￦·³°¨￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڴڷ‬
‫‪ￒ³··￦³²￦·¥°©￦³ª￦­²º©·¸±©²¸￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪ϯ￦‬ڴڴڴ‪Ζ‬ڴڹ‪Ϯ￦￦‬‬
‫‪￦‬‬

‫‪ϯ￦‬ڴڴڴ‪Ζ‬ڴڽڵ‪￦ ￦‬ڴڴڴ‪Ζ‬ڴڴڶ‪ЄЄЄￒ³··￦³²￦²³¸©￦¶©§©­º¥¦°©￦¨­·§³¹²¸©¨￦Ϯ‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڵ‪￦‬‬

‫‪￦‬‬

‫ ‪OR‬‬
‫‪￦￦‬ڵڷ‪￘©¸¥­²©¨￦©¥¶²­²«·￦ ￦ￊ©§©±¦©¶￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڴں‪￦￦￦￦￦‬‬
‫‪ￇ¨¨Ό￦ￊ­º­¨©²¨·￦ ￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڴڸ‪￦￦￦￦￦￦‬‬
‫‪ￚ³¸¥°￦ ￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڴڴ‪Ζ‬ڵ‪￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦‬‬
‫‪￦‬ڵ‪ￒ©··Ό￦￘©¸¥­²©¨￦©¥¶²­²«·￦ ￦￐¥²¹¥¶½￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڴڹ‪￦￦￦￦￦￦‬‬
‫‪ￔ©¸￦­²§³±©￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪ 500,000￦‬‬
‫‪￦‬‬

‫ ‪SUMMARY OF ANSWERS:‬‬
‫ ‪Κ￦ A‬ڵ‬ ‫ ‪Κ￦ A‬ڶ‬ ‫‪Κ￦‬ڷ‬ ‫ ‪C‬‬ ‫‪Κ￦‬ڸ‬ ‫ ‪C‬‬ ‫‪Κ￦‬ڹ‬ ‫ ‪D‬‬
‫ ‬

‫‪18‬‬
Chapter 6: Correction of Errors

CHAPTER 6: CORRECTION OF ERRORS

￦
PROBLEM 6-1 Income Statement and SFP Errors
Questions Nos. 1-6￦
2017 2018
RE, end RE, end
Net Workin of the Net Workin of the
income g capital year income g capital year
ￛ²¥¨®¹·¸©¨￦
¦¥°¥²§©·￦ ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦ ‫ڴڼڵ‬Ζ‫ڴڴڴ‬￦ ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦ ‫ڴںڵ‬Ζ‫ڴڴڴ‬￦ ‫ڴںڶ‬Ζ‫ڴڴڴ‬￦ ‫ڴںڷ‬Ζ‫ڴڴڴ‬￦
‫ڵ‬￦ Ο￦ Ο￦ Ο￦ Ο￦ Ο￦ Ο￦
‫ڶ‬￦ Ο￦ Ο￦ Ο￦ Ο￦ Ο￦ Ο￦
Adjusted
balances 200,000 180,000 200,000 160,000 260,000 360,000

Questions No. 7￦
Assuming errors were discovered in 2017
ADJUSTING ENTRIES Debit Credit
‫ڵ‬ϯ￦ ￓ­·§©°°¥²©³¹·￦­²§³±©￦ ‫ڹڶ‬Ζ‫ڴڴڴ‬￦￦ ￦
￦￦￘©²¸￦­²§³±©￦ ￦ ‫ڹڶ‬Ζ‫ڴڴڴ‬￦￦
￦ ￦ ￦ ￦
‫ڶ‬ϯ￦ ￔ³¸©·￦´¥½¥¦°©￦ ‫ڼڶ‬Ζ‫ڴڴڴ‬￦￦ ￦
￦ ￦￦ￇ§§³¹²¸·￦´¥½¥¦°©￦ ￦ ‫ڼڶ‬Ζ‫ڴڴڴ‬￦￦
￦
Assuming errors were discovered in 2018
ADJUSTING ENTRIES Debit Credit
‫ڵ‬ϯ￦ ￔ³￦©²¸¶½￦ ￦ ￦
￦ ￦ ￦ ￦
‫ڶ‬ϯ￦ ￔ³￦©²¸¶½￦ ￦ ￦
￦ ￦ ￦ ￦
￦
Assuming errors were discovered in 2019
ADJUSTING ENTRIES Debit Credit
‫ڵ‬ϯ￦ ￔ³￦©²¸¶½￦ ￦ ￦
￦ ￦ ￦ ￦
‫ڶ‬ϯ￦ ￔ³￦©²¸¶½￦ ￦ ￦
￦ ￦ ￦ ￦
￦
SUMMARY OF ANSWERS:
‫ڵ‬Κ￦ A ‫ڶ‬Κ B ‫ڷ‬Κ A ‫ڸ‬Κ C ‫ڹ‬Κ￦ C ‫ں‬Κ C
￦

19
Chapter 6: Correction of Errors

PROBLEM 6-2 Counterbalancing Errors

Questions Nos. 1-6
2017 2018
Net Workin Net Workin
income g capital R/E income g capital R/E
ￛ²¥¨®¹·¸©¨￦
¦¥°¥²§©·￦ ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦ ‫ڴڼڵ‬Ζ‫ڴڴڴ‬￦ ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦ ‫ڴںڵ‬Ζ‫ڴڴڴ‬￦ ‫ڴںڶ‬Ζ‫ڴڴڴ‬￦ ‫ڴںڷ‬Ζ‫ڴڴڴ‬￦
‫ڵ‬￦ Ϯ‫ڹڵ‬Ζ‫ڴڴڴ‬ϯ￦ Ϯ‫ڹڵ‬Ζ‫ڴڴڴ‬ϯ￦ Ϯ‫ڹڵ‬Ζ‫ڴڴڴ‬ϯ￦ ‫ڹڵ‬Ζ‫ڴڴڴ‬￦ Ο￦ ￦
‫ڶ‬￦ ‫ڴڶ‬Ζ‫ڴڴڴ‬￦ ‫ڴڶ‬Ζ‫ڴڴڴ‬￦ ‫ڴڶ‬Ζ‫ڴڴڴ‬￦ Ϯ‫ڴڶ‬Ζ‫ڴڴڴ‬ϯ￦ Ο￦ ￦
‫ڷ‬￦ ‫ں‬Ζ‫ڴڴڴ‬￦ ‫ں‬Ζ‫ڴڴڴ‬￦ ‫ں‬Ζ‫ڴڴڴ‬￦ Ϯ‫ں‬Ζ‫ڴڴڴ‬ϯ￦ Ο￦ ￦
‫ڸ‬￦ Ϯ‫ڻ‬Ζ‫ڴڴڹ‬ϯ￦ Ϯ‫ڻ‬Ζ‫ڴڴڹ‬ϯ￦ Ϯ‫ڻ‬Ζ‫ڴڴڹ‬ϯ￦ ‫ڻ‬Ζ‫ڴڴڹ‬￦ Ο￦ ￦
Adjusted
balances 203,500 183,500 203,500 156,500 260,000 360,000
￦

Question No. 7
ￇΚ Errors were discovered in 2017
ADJUSTING ENTRIES Debit Credit
‫ڵ‬ϯ￦ ￏ²¸©¶©·¸￦©¼´©²·©￦ ‫ڹڵ‬Ζ‫ڴڴڴ‬￦￦ ￦
￦￦ￏ²¸©¶©·¸￦´¥½¥¦°© ￦ ‫ڹڵ‬Ζ‫ڴڴڴ‬￦￦
￦ ￦ ￦ ￦

‫ڶ‬ϯ￦ ￏ²¸©¶©·¸￦¶©§©­º¥¦°©￦ ‫ڴڶ‬Ζ‫ڴڴڴ‬￦￦ ￦

￦ ￦￦ￏ²¸©¶©·¸￦­²§³±©￦ ￦ ‫ڴڶ‬Ζ‫ڴڴڴ‬￦￦
￦ ￦ ￦ ￦

‫ڷ‬ϯ￦ ￖ¶©´¥­¨￦­²·¹¶¥²§©￦ ‫ں‬Ζ‫ڴڴڴ‬￦￦ ￦

￦ ￦￦ￏ²·¹¶¥²§©￦©¼´©²·©￦ ￦ ‫ں‬Ζ‫ڴڴڴ‬￦￦
￦ ￦ ￦ ￦

‫ڸ‬ϯ￦ ￘©²¸￦¶©º©²¹© ‫ڻ‬Ζ‫ڴڴڹ‬￦￦ ￦

￦ ￦￦ￛ²©¥¶²©¨￦¶©²¸￦¶©º©²¹©￦ ￦ ‫ڻ‬Ζ‫ڴڴڹ‬￦￦
￦

￈Κ Errors were discovered in 2018

Assuming errors are discovered when the cash flows related to the
transactions were processed and books are still open
ADJUSTING ENTRIES Debit Credit
‫ڵ‬ϯ￦ ￘©¸¥­²©¨￦©¥¶²­²«·￦ ‫ڹڵ‬Ζ‫ڴڴڴ‬￦￦ ￦
￦ ￦￦ￏ²¸©¶©·¸￦©¼´©²·©￦ ￦ ‫ڹڵ‬Ζ‫ڴڴڴ‬￦￦
￦ ￦ ￦ ￦

‫ڶ‬ϯ￦ ￏ²¸©¶©·¸￦­²§³±©￦ ‫ڴڶ‬Ζ‫ڴڴڴ‬￦￦ ￦

￦￦￘©¸¥­²©¨￦©¥¶²­²«· ￦ ‫ڴڶ‬Ζ‫ڴڴڴ‬￦￦
￦ ￦ ￦ ￦

‫ڷ‬ϯ￦ ￏ²·¹¶¥²§©￦©¼´©²·©￦ ‫ں‬Ζ‫ڴڴڴ‬￦￦ ￦

￦ ￦￦￘©¸¥­²©¨￦©¥¶²­²«·￦ ￦ ‫ں‬Ζ‫ڴڴڴ‬￦￦
￦ ￦ ￦ ￦

‫ڸ‬ϯ￦ ￘©¸¥­²©¨￦©¥¶²­²«·￦ ‫ڻ‬Ζ‫ڴڴڹ‬￦￦ ￦

￦ ￦￦￘©²¸￦¶©º©²¹©￦ ￦ ‫ڻ‬Ζ‫ڴڴڹ‬￦￦
￦

When books are already closed, no necessary adjusting entries to be

made.
￦

￉Κ Errors were discovered in 2019

No necessary adjusting entries to be made.
￦

SUMMARY OF ANSWERS:
‫ڵ‬Κ￦ C ‫ڶ‬Κ￦ B ‫ڷ‬Κ￦ C ‫ڸ‬Κ￦ C ‫ڹ‬Κ￦ B ‫ں‬Κ￦ C
20
Chapter 6: Correction of Errors

PROBLEM 6-3 Counterbalancing Errors

Questions Nos. 1-6
2017 2018
Net Workin Net Workin
income g capital R/E, end income g capital R/E, end
ￛ²¥¨®¹·¸©¨￦
¦¥°¥²§©·￦ ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦ ‫ڴڼڵ‬Ζ‫ڴڴڴ‬￦ ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦ ‫ڴںڵ‬Ζ‫ڴڴڴ‬￦ ‫ڴںڶ‬Ζ‫ڴڴڴ‬￦ ‫ڴںڷ‬Ζ‫ڴڴڴ‬￦
‫ڵ‬￦ Ϯ‫ڴں‬Ζ‫ڴڴڴ‬ϯ￦ Ϯ‫ڴں‬Ζ‫ڴڴڴ‬ϯ￦ Ϯ‫ڴں‬Ζ‫ڴڴڴ‬ϯ￦ ‫ڴں‬Ζ‫ڴڴڴ‬￦ Ο￦ Ο￦
‫ڶ‬￦ ‫ڴڼ‬Ζ‫ڴڴڴ‬￦ ‫ڴڼ‬Ζ‫ڴڴڴ‬￦ ‫ڴڼ‬Ζ‫ڴڴڴ‬￦ Ϯ‫ڴڼ‬Ζ‫ڴڴڴ‬ϯ￦ Ο￦ Ο￦
‫ڷ‬￦ Ϯ‫ڴڶ‬Ζ‫ڴڴڴ‬ϯ￦ Ϯ‫ڴڶ‬Ζ‫ڴڴڴ‬ϯ￦ Ϯ‫ڴڶ‬Ζ‫ڴڴڴ‬ϯ￦ ‫ڴڶ‬Ζ‫ڴڴڴ‬￦ Ο￦ Ο￦
Adjusted
balances 200,000 180,000 200,000 160,000 260,000 360,000
￦
Question No. 7
ￇΚ Errors were discovered in 2017
ADJUSTING ENTRIES Debit Credit
‫ڵ‬ϯ￦ ￖ¹¶§¬¥·©·￦ ‫ڴں‬Ζ‫ڴڴڴ‬￦￦ ￦
￦ ￦￦ￇ§§³¹²¸·￦´¥½¥¦°©￦ ￦ ‫ڴں‬Ζ‫ڴڴڴ‬￦￦
￦ ￦ ￦ ￦

‫ڶ‬ϯ￦ ￇ§§³¹²¸·￦¶©§©­º¥¦°©￦ ‫ڴڼ‬Ζ‫ڴڴڴ‬￦￦ ￦

￦￦￙¥°©·￦ ￦ ‫ ڼ‬Ζ‫ڴڴڴ‬￦￦
￦ ￦ ￦ ￦

‫ڷ‬ϯ￦ ￉³·¸￦³ª￦·¥°©·￦ ‫ڴڶ‬Ζ‫ڴڴڴ‬￦￦ ￦

￦ ￦￦ￏ²º©²¸³¶½￦￦ ￦ ‫ڴڶ‬Ζ‫ڴڴڴ‬￦￦
￦ ￦
￦
￈Κ Errors were discovered in 2018
Assuming errors are discovered when the cash flows related to the
transactions were processed and books are still open
ADJUSTING ENTRIES Debit Credit
‫ڵ‬ϯ￦ ￘©¸¥­²©¨￦©¥¶²­²«·￦ ‫ڴں‬Ζ‫ڴڴڴ‬￦￦ ￦
￦￦ￖ¹¶§¬¥·©· ￦ ‫ڴں‬Ζ‫ڴڴڴ‬￦￦
￦ ￦ ￦ ￦

‫ڶ‬ϯ￦ ￙¥°©·￦ ‫ڴڼ‬Ζ‫ڴڴڴ‬￦￦ ￦

￦￦￘©¸¥­²©¨￦©¥¶²­²«· ￦ ‫ڴڼ‬Ζ‫ڴڴڴ‬￦￦
￦ ￦ ￦ ￦

‫ڷ‬ϯ￦ ￘©¸¥­²©¨￦©¥¶²­²«·￦￦ ‫ڴڶ‬Ζ‫ڴڴڴ‬￦￦ ￦

￦ ￦￦ￏ²º©²¸³¶½Ζ￦¦©«­²²­²«￦ ￦ ‫ڴڶ‬Ζ‫ڴڴڴ‬￦￦
￦

If books are already closed, no necessary adjusting entries to be made.

￦
￉Κ Errors were discovered in 2019
No necessary adjusting entries to be made.
￦
SUMMARY OF ANSWERS:
‫ڵ‬Κ￦ C ‫ڶ‬Κ B ‫ڷ‬Κ C ‫ڸ‬Κ B ‫ڹ‬Κ￦ C ‫ں‬Κ B
￦

21
Chapter 6: Correction of Errors

PROBLEM 6-4 Noncounterbalancing Errors

Questions Nos. 1-6
2017 2018
RE, end RE, end
Net Workin of the Net Workin of the
income g capital year income g capital year
ￛ²¥¨®¹·¸©¨￦
¦¥°¥²§©·￦ ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦ ‫ڴڼڵ‬Ζ‫ڴڴڴ‬￦ ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦ ‫ڴںڵ‬Ζ‫ڴڴڴ‬￦ ‫ڴںڶ‬Ζ‫ڴڴڴ‬￦ ‫ڴںڷ‬Ζ‫ڴڴڴ‬￦
‫ڵ‬Κ￦ Ϯ‫ڴڷ‬Ζ‫ڴڴڴ‬ϯ￦ Ϯ‫ڴڷ‬Ζ‫ڴڴڴ‬ϯ￦ Ϯ‫ڴڷ‬Ζ‫ڴڴڴ‬ϯ￦ Ϯ‫ں‬Ζ‫ڴڴڴ‬ϯ￦ Ϯ‫ںڷ‬Ζ‫ڴڴڴ‬ϯ￦ Ϯ‫ںڷ‬Ζ‫ڴڴڴ‬ϯ￦
‫ڶ‬Κ￦ ‫ڴڶ‬Ζ‫ڴڴڴ‬￦ ‫ڴڶ‬Ζ‫ڴڴڴ‬￦ ‫ڴڶ‬Ζ‫ڴڴڴ‬￦ ‫ڴڵ‬Ζ‫ڴڴڴ‬￦ ‫ڴڷ‬Ζ‫ڴڴڴ‬￦ ‫ڴڷ‬Ζ‫ڴڴڴ‬￦
‫ڷ‬Κ￦ ‫ڶڵ‬Ζ‫ڴڴڴ‬￦ Ο￦ ‫ڶڵ‬Ζ‫ڴڴڴ‬￦ Ο￦ Ο￦ ‫ڶڵ‬Ζ‫ڴڴڴ‬￦
‫ڸ‬Κ￦ ‫ڴڹڵ‬Ζ‫ڴڴڴ‬￦ Ο￦ ‫ڴڹڵ‬Ζ‫ڴڴڴ‬￦ Ϯ‫ڴڹ‬Ζ‫ڴڴڴ‬ϯ￦ Ο￦ ‫ڴڴڵ‬Ζ‫ڴڴڴ‬￦
‫ڹ‬Κ￦ Ϯ‫ڶڵ‬Ζ‫ڴڴڴ‬ϯ￦ Ο￦ Ϯ‫ڶڵ‬Ζ‫ڴڴڴ‬ϯ￦ Ο￦ Ο￦ Ϯ‫ڶڵ‬Ζ‫ڴڴڴ‬ϯ￦
‫ں‬Κ￦ Ϯ‫ڹڵ‬Ζ‫ڴڴڴ‬ϯ￦ Ο￦ Ϯ‫ڹڵ‬Ζ‫ڴڴڴ‬ϯ￦ ‫ڹ‬Ζ‫ڴڴڴ‬￦ Ο￦ Ϯ‫ڴڵ‬Ζ‫ڴڴڴ‬ϯ￦
￦ ￦ ￦ ￦
Adjusted
balances 325,000 170,000 325,000 119,000 254,000 444,000
￦

Question No. 7
ￇΚ ￋ¶¶³¶·￦»©¶©￦¨­·§³º©¶©¨￦­²￦‫ڻڵڴڶ‬￦
ADJUSTING ENTRIES Debit Credit
‫ڵ‬ϯ￦ ￏ²·¹¶¥²§©￦©¼´©²·©￦ ‫ڴڷ‬Ζ‫ڴڴڴ‬￦￦ ￦
￦ ￦￦￦￦ￖ¶©´¥­¨￦­²·¹¶¥²§©￦ ￦ ‫ڴڷ‬Ζ‫ڴڴڴ‬￦￦
￦

‫ڶ‬ϯ￦ ￛ²©¥¶²©¨￦¶©²¸￦­²§³±©￦ ‫ڴڶ‬Ζ‫ڴڴڴ‬￦￦ ￦

￦ ￦￦￦￦￘©²¸￦­²§³±©￦ ￦ ‫ڴڶ‬Ζ‫ڴڴڴ‬￦￦
￦ ￦ ￦ ￦

‫ڷ‬ϯ￦ ￇ§§¹±¹°¥¸©¨￦¨©´¶©§­¥¸­³²￦￦ ‫ڶڵ‬Ζ‫ڴڴڴ‬￦ ￦

￦ ￦￦￦￦ￊ©´¶©§­¥¸­³²￦©¼´©²·©￦ ￦ ‫ڶڵ‬Ζ‫ڴڴڴ‬￦
￦ ￦ ￦ ￦

‫ڸ‬ϯ￦ ￈¹­°¨­²«￦­±´¶³º©±©²¸·￦ ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦ ￦

￦￦ ￘©´¥­¶·￦©¼´©²·©￦ ￦ ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦
￦ ￦ ￦ ￦

￦ ￊ©´¶©§­¥¸­³²￦©¼´©²·©￦ ‫ڴڹ‬Ζ‫ڴڴڴ‬￦ ￦
￦ ￦￦￦￦ￇ§§¹±¹°¥¸©¨￦¨©´¶©§­¥¸­³²￦ ￦ ‫ڴڹ‬Ζ‫ڴڴڴ‬￦
￦ ￦ ￦ ￦

‫ڹ‬ϯ￦ ￕ¸¬©¶￦­²§³±©￦ ‫ڴڶ‬Ζ‫ڴڴڴ‬￦￦ ￦

￦ ￇ§§¹±¹°¥¸©¨￦¨©´¶©§­¥¸­³²￦ ‫ڼڸ‬Ζ‫ڴڴڴ‬￦ ￦
￦ ￦￦￦￦ￍ¥­²￦³²￦·¥°©￦ ￦ ‫ڼ‬Ζ‫ڴڴڴ‬￦
￦￦ ￈¹­°¨­²« ￦ ‫ڴں‬Ζ‫ڴڴڴ‬￦￦
￦ ￦ ￦ ￦

‫ں‬ϯ￦ ￘©´¥­¶·￦©¼´©²·©￦ ‫ڴڶ‬Ζ‫ڴڴڴ‬￦￦ ￦

￦￦ ￈¹­°¨­²« ￦ ‫ڴڶ‬Ζ‫ڴڴڴ‬￦￦
￦ ￦ ￦ ￦

￦ ￇ§§¹±¹°¥¸©¨￦¨©´¶©§­¥¸­³²￦ ‫ڹ‬Ζ‫ڴڴڴ‬￦ ￦
￦ ￦￦￦￦ￊ©´¶©§­¥¸­³²￦©¼´©²·©￦ ￦ ‫ڹ‬Ζ‫ڴڴڴ‬￦
￦

￈Κ ￋ¶¶³¶·￦»©¶©￦¨­·§³º©¶©¨￦­²￦‫ڼڵڴڶ‬￦
ADJUSTING ENTRIES Debit Credit
‫ڵ‬ϯ￦ ￘©¸¥­²©¨￦©¥¶²­²«·￦ ‫ڴڷ‬Ζ‫ڴڴڴ‬￦￦ ￦
ￏ²·¹¶¥²§©￦©¼´©²·©￦ ‫ں‬Ζ‫ڴڴڴ‬￦ ￦
￦ ￦￦￦￦ￖ¶©´¥­¨￦­²·¹¶¥²§©￦ ￦ ‫ںڷ‬Ζ‫ڴڴڴ‬￦￦
22
‫‪Chapter 6: Correction of Errors‬‬
‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬

‫‪ϯ￦ ￛ²©¥¶²©¨￦¶©²¸￦­²§³±©￦‬ڶ‬ ‫‪￦￦‬ڴڴڴ‪Ζ‬ڴڷ‬ ‫‪￦‬‬

‫·«‪￦￦ ￘©¸¥­²©¨￦©¥¶²­²‬‬ ‫‪￦‬‬ ‫‪￦￦‬ڴڴڴ‪Ζ‬ڴڶ‬
‫‪￦‬‬ ‫‪￦￦￦￦￘©²¸￦­²§³±©￦‬‬ ‫‪￦‬‬ ‫‪￦￦‬ڴڴڴ‪Ζ‬ڴڵ‬
‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬

‫‪ϯ￦ ￇ§§¹±¹°¥¸©¨￦¨©´¶©§­¥¸­³²￦￦‬ڷ‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڶڵ‬ ‫‪￦‬‬

‫‪￦‬‬ ‫‪￦￦￦￦￘©¸¥­²©¨￦©¥¶²­²«·￦‬‬ ‫‪￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڶڵ‬
‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬

‫‪ϯ￦ ￈¹­°¨­²«￦­±´¶³º©±©²¸·￦‬ڸ‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڴڶ‬ ‫‪￦‬‬

‫·«‪￦￦￦￦￘©¸¥­²©¨￦©¥¶²­²‬‬ ‫‪￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڴڶ‬
‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬

‫‪￦‬‬ ‫‪ￊ©´¶©§­¥¸­³²￦©¼´©²·©￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڹ‬ ‫‪￦‬‬

‫‪￦‬‬ ‫‪￦￦￦￦￘©¸¥­²©¨￦©¥¶²­²«·￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڹ‬ ‫‪￦‬‬
‫‪￦￦￦￦ￇ§§¹±¹°¥¸©¨￦¨©´¶©§­¥¸­³²‬‬ ‫‪￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڴڵ‬
‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬

‫‪ϯ￦ ￘©¸¥­²©¨￦©¥¶²­²«·￦‬ڹ‬ ‫‪￦￦‬ڴڴڴ‪Ζ‬ڶڵ‬ ‫‪￦‬‬

‫‪￦‬‬ ‫‪ￇ§§¹±¹°¥¸©¨￦¨©´¶©§­¥¸­³²￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڼڸ‬ ‫‪￦‬‬
‫«‪￦￦￦￦￈¹­°¨­²‬‬ ‫‪￦‬‬ ‫‪￦￦‬ڴڴڴ‪Ζ‬ڴں‬
‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬

‫‪ϯ￦ ￘©¸¥­²©¨￦©¥¶²­²«·￦‬ں‬ ‫‪￦￦‬ڴڴڴ‪Ζ‬ڴڶ‬ ‫‪￦‬‬

‫‪￦‬‬ ‫‪￦￦￦￦￈¹­°¨­²«￦‬‬ ‫‪￦‬‬ ‫‪￦￦‬ڴڴڴ‪Ζ‬ڴڶ‬
‫‪￦‬‬

‫‪￦‬‬ ‫‪ￇ§§¹±¹°¥¸©¨￦¨©´¶©§­¥¸­³²￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڵ‬ ‫‪￦‬‬

‫‪￦‬‬ ‫‪￦￦￦￦￘©¸¥­²©¨￦©¥¶²­²«·￦‬‬ ‫‪￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڹ‬
‫©·‪￦￦ ￊ©´¶©§­¥¸­³²￦©¼´©²‬‬ ‫‪￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڹ‬
‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬

‫‪￉Κ‬‬ ‫‪￦‬ڽڵڴڶ‪ￋ¶¶³¶·￦»©¶©￦¨­·§³º©¶©¨￦­²￦‬‬
‫ ‬ ‫ ‪ADJUSTING ENTRIES‬‬ ‫ ‪Debit‬‬ ‫ ‪Credit‬‬
‫‪ϯ￦ ￘©¸¥­²©¨￦©¥¶²­²«·￦‬ڵ‬ ‫‪￦￦‬ڴڴڴ‪Ζ‬ںڷ‬ ‫‪￦‬‬
‫‪￦‬‬ ‫‪￦￦￦￦ￖ¶©´¥­¨￦­²·¹¶¥²§©￦‬‬ ‫‪￦‬‬ ‫‪￦￦‬ڴڴڴ‪Ζ‬ںڷ‬
‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬

‫‪ϯ￦ ￛ²©¥¶²©¨￦¶©²¸￦­²§³±©￦‬ڶ‬ ‫‪￦￦‬ڴڴڴ‪Ζ‬ڴڷ‬ ‫‪￦‬‬

‫·«‪￦￦￦￦￘©¸¥­²©¨￦©¥¶²­²‬‬ ‫‪￦‬‬ ‫‪￦￦‬ڴڴڴ‪Ζ‬ڴڷ‬
‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬

‫‪ϯ￦ ￇ§§¹±¹°¥¸©¨￦¨©´¶©§­¥¸­³²￦￦‬ڷ‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڶڵ‬ ‫‪￦‬‬

‫‪￦‬‬ ‫‪￦￦￦￦￘©¸¥­²©¨￦©¥¶²­²«·￦‬‬ ‫‪￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڶڵ‬
‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬

‫‪ϯ￦ ￈¹­°¨­²«￦­±´¶³º©±©²¸·￦‬ڸ‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڴڶ‬ ‫‪￦‬‬

‫‪￦‬‬ ‫‪￦￦￦￦￘©¸¥­²©¨￦©¥¶²­²«·￦‬‬ ‫‪￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڴڶ‬
‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬

‫©·‪ￊ©´¶©§­¥¸­³²￦©¼´©²‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڹ‬ ‫‪￦‬‬

‫‪￦‬‬ ‫‪￘©¸¥­²©¨￦©¥¶²­²«·￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڴڵ‬ ‫‪￦‬‬
‫‪￦‬‬ ‫‪￦￦￦￦ￇ§§¹±¹°¥¸©¨￦¨©´¶©§­¥¸­³²￦‬‬ ‫‪￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڹڵ‬
‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬

‫‪ϯ￦ ￘©¸¥­²©¨￦©¥¶²­²«·￦‬ڹ‬ ‫‪￦￦‬ڴڴڴ‪Ζ‬ڶڵ‬ ‫‪￦‬‬

‫‪￦‬‬ ‫‪ￇ§§¹±¹°¥¸©¨￦¨©´¶©§­¥¸­³²￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڼڸ‬ ‫‪￦‬‬
‫‪￦‬‬ ‫‪￦￦￦￦￈¹­°¨­²«￦‬‬ ‫‪￦‬‬ ‫‪￦￦‬ڴڴڴ‪Ζ‬ڴں‬
‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬

‫‪ϯ￦ ￘©¸¥­²©¨￦©¥¶²­²«·￦‬ں‬ ‫‪￦￦‬ڴڴڴ‪Ζ‬ڴڶ‬ ‫‪￦‬‬

‫‪￦‬‬ ‫‪￦￦￦￦￈¹­°¨­²«￦‬‬ ‫‪￦‬‬ ‫‪￦￦‬ڴڴڴ‪Ζ‬ڴڶ‬
‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬

‫‪￦‬‬ ‫‪ￇ§§¹±¹°¥¸©¨￦¨©´¶©§­¥¸­³²￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڵ‬ ‫‪￦‬‬

‫·«‪￦￦ ￘©¸¥­²©¨￦©¥¶²­²‬‬ ‫‪￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڵ‬
‫‪￦‬‬

‫‪23‬‬
Chapter 6: Correction of Errors

SUMMARY OF ANSWERS:
‫ڵ‬Κ￦ D ‫ڶ‬Κ A ‫ڷ‬Κ D ‫ڸ‬Κ A ‫ڹ‬Κ￦ A ‫ں‬Κ D
￦
PROBLEM 6-5 Comprehensive
Questions Nos. 1-3
Effects of error in
Net income Working
2017 2018 Capital
‫ڵ‬ϯ￦ￓￏ￦³º©¶Ζ￦ￔￏ￦³º©¶￦ ‫ڴڵ‬Ζ‫ڴڴڴ‬￦ Ϯ‫ڴڵ‬Ζ‫ڴڴڴ‬ϯ￦ ￦
￦￦￦￦￦ￓￏ￦¹²¨©¶Ζ￦ￔￏ￦¹²¨©¶￦ ￦ Ϯ‫ڼ‬Ζ‫ڴڴڴ‬ϯ￦ Ϯ‫ڼ‬Ζ‫ڴڴڴ‬ϯ￦
‫ڶ‬ϯ￦ￖ¹¶§¬¥·©·￦³º©¶Ζ￦ￔￏ￦¹²¨©¶￦ Ϯ‫ڴڶ‬Ζ‫ڴڴڴ‬ϯ￦ ‫ڴڶ‬Ζ‫ڴڴڴ‬￦￦ ￦
￦ ￦ Ϯ‫ڴڸ‬Ζ‫ڴڴڴ‬ϯ￦ Ϯ‫ڴڸ‬Ζ‫ڴڴڴ‬ϯ￦
‫ڷ‬ϯ￦￙¥°©·￦³º©¶Ζ￦ￔￏ￦³º©¶￦ ‫ڴڶ‬Ζ‫ڴڴڴ‬￦ Ϯ‫ڴڶ‬Ζ‫ڴڴڴ‬ϯ ￦
‫ڴڻ‬Ζ‫ڴڴڴ‬￦￦ ‫ڴڻ‬Ζ‫ڴڴڴ‬￦￦
‫ڸ‬ϯ￦ￋ¼´©²·©·￦³º©¶Ζ￦ￔￏ￦¹²¨©¶￦ Ϯ‫ڴڼ‬Ζ‫ڴڴڴ‬ϯ￦ ￦ ￦
￦￦￦￦￦ￊ©´¶©§­¥¸­³²￦©¼´￦¹²¨©¶Ζ￦ￔￏ￦³º©¶￦ ￦ ‫ڴڶ‬Ζ‫ڴڴڴ‬￦￦ ￦
‫ڹ‬ϯ￦ￕ¸¬©¶￦­²§³±©￦³º©¶￦ ‫ڴڶ‬Ζ‫ڴڴڴ‬￦ ￦ ￦
￦￦￦￦Єￒ³··￦¹²¨©¶Ζ￦ￔￏ￦³º©¶￦ ‫ڹ‬Ζ‫ڴڴڴ‬￦ ￦ ￦
Adjustment (45,000) 32,000 22,000
￦

￉³±´¹¸¥¸­³²￦³ª￦°³··Ό ￦ ￦
￙©°°­²«￦ￖ¶­§©￦ ￦ ‫ڴڶ‬Ζ‫ڴڴڴ‬￦￦
ￒ©··Ό￦￈³³¯￦º¥°¹©￦ ￦ ￦
￦￦￦￦￉³·¸ ‫ڴڸ‬Ζ‫ڴڴڴ‬￦￦ ￦
￦￦￦￦ￒ©··Ό￦ￇ§§¹±¹°¥¸©¨￦¨©´¶©§­¥¸­³²￦ ‫ڹڵ‬Ζ‫ڴڴڴ‬￦￦ ‫ڹڶ‬Ζ‫ڴڴڴ‬￦￦
ￒ³··￦³²￦·¥°©￦ ￦ Ϯ‫ڹ‬Ζ‫ڴڴڴ‬ϯ￦
￦

Questions No. 4
Effect of errors to Retained Earnings in 2017
ￛ²¨©¶·¸¥¸©±©²¸￦¸³￦‫ڻڵڴڶ‬￦²©¸￦­²§³±©￦ ‫ڹڸ‬Ζ‫ڴڴڴ‬￦ ￦
ￕº©¶·¸¥¸©±©²¸￦¸³￦‫ ڼڵڴڶ‬²©¸￦­²§³±©￦ ‫ڶڷ‬Ζ‫ڴڴڴ‬￦
ￔ©¸￦¹²¨©¶·¸¥¸©±©²¸￦¸³￦‫ڼڵڴڶ‬￦¶©¸¥­²©¨￦©¥¶²­²«·￦ 13,000
￦

Questions No. 5
ADJUSTING ENTRIES Debit Credit
‫ڵ‬ϯ￦ ￘©¸¥­²©¨￦©¥¶²­²«·Ζ￦¦©«￦ ‫ڴڵ‬Ζ‫ڴڴڴ‬￦ ￦
￦ ￦￦￦￦ￓ©¶§¬¥²¨­·©￦­²º©²¸³¶½Ζ￦¦©«￦ ￦ ‫ڴڵ‬Ζ‫ڴڴڴ‬￦
￦ ￓ©¶§¬¥²¨­·©￦­²º©²¸³¶½Ζ￦©²¨￦ ‫ڼ‬Ζ‫ڴڴڴ‬￦
￦ ￦￦￦￦￉³·¸￦³ª￦￙¥°©·￦ ￦ ‫ڼ‬Ζ‫ڴڴڴ‬￦
￦ ￦ ￦ ￦

‫ڶ‬ϯ￦ ￖ¹¶§¬¥·©·￦ ‫ڴڶ‬Ζ‫ڴڴڴ‬￦ ￦

￦ ￦￦ ￘©¸¥­²©¨￦©¥¶²­²«· ￦ ‫ڴڶ‬Ζ‫ڴڴڴ‬￦
￦ ￇ¨º¥²§©·￦·¹´´°­©¶￦ ‫ڴڸ‬Ζ‫ڴڴڴ‬￦ ￦
￦ ￦￦￦ￖ¹¶§¬¥·©·￦ ￦ ‫ڴڸ‬Ζ‫ڴڴڴ‬￦
￦ ￦

‫ڷ‬ϯ￦ ￘©¸¥­²©¨￦©¥¶²­²«·Ζ￦¦©«￦ ‫ڴڶ‬Ζ‫ڴڴڴ‬￦ ￦

￦ ￦￦￦￙¥°©·￦ ￦ ‫ڴڶ‬Ζ‫ڴڴڴ‬￦
￦ ￦ ￦ ￦

24
Chapter 6: Correction of Errors

￦ ￙¥°©·￦ ‫ڴڻ‬Ζ‫ڴڴڴ‬￦ ￦
￦ ￦￦￦￦ￇ¨º¥²§©·￦§¹·¸³±©¶· ￦ ‫ڴڻ‬Ζ‫ڴڴڴ‬￦
￦ ￦ ￦ ￦

‫ڸ‬ϯ￦ ￊ©´¶©§­¥¸­³²￦©¼´©²·©￦ ‫ڴڶ‬Ζ‫ڴڴڴ‬￦ ￦

￦ ￏ±´¶³º©±©²¸·￦ ‫ڴڴڵ‬Ζ‫ڴڴڴ‬￦ ￦
￦ ￦￦ ￇ§§¹±¹°¥¸©¨￦¨©´¶©§­¥¸­³² ￦ ‫ڴڸ‬Ζ‫ڴڴڴ‬￦
￦ ￦￦￦￦￘©¸¥­²©¨￦©¥¶²­²«·￦ ￦ ‫ڴڼ‬Ζ‫ڴڴڴ‬￦
￦ ￦ ￦ ￦

‫ڹ‬ϯ￦ ￇ§§¹±¹°¥¸©¨￦¨©´¶©§­¥¸­³²￦ ‫ڹڵ‬Ζ‫ڴڴڴ‬￦ ￦

￦ ￘©¸¥­²©¨￦©¥¶²­²«·Ζ￦¦©« ‫ڹڶ‬Ζ‫ڴڴڴ‬￦
￦ ￦￦￦￦ￋµ¹­´±©²¸￦ ￦ ‫ڴڸ‬Ζ‫ڴڴڴ‬￦
￦

SUMMARY OF ANSWERS:
‫ڵ‬Κ￦ A ‫ڶ‬Κ A ‫ڷ‬Κ A ‫ڸ‬Κ A ‫ڹ‬Κ￦ C

PROBLEM 6-6 Comprehensive
Questions Nos. 1-5
￦ 12/31/2
2017 2018 018
￦ Net Workin Net Workin
Income g capital Income g capital R/E
ￋ²¨­²«￦ￏ²º©²¸³¶½￦‫ڻڵڴڶ‬￦
¹²¨©¶·¸¥¸©¨Ζ￦ￔￏ￦ Ϯ‫ں‬Ζ‫ڴڴڴ‬ϯ￦ Ϯ‫ں‬Ζ‫ڴڴڴ‬ϯ￦ ‫ں‬Ζ‫ڴڴڴ‬￦ Ο￦ Ο￦
¹²¨©¶·¸¥¸©¨￦
ￋ²¨­²«￦ￏ²º©²¸³¶½￦‫ڼڵڴڶ‬￦
￦ ￦ ‫ڴڵ‬Ζ‫ڴڴڴ‬￦ ‫ڴڵ‬Ζ‫ڴڴڴ‬￦ ‫ڴڵ‬Ζ‫ڴڴڴ‬￦
³º©¶·¸¥¸©¨Ζ￦ￔￏ￦³º©¶·¸¥¸©¨￦
ￊ©´¶©§­¥¸­³²￦©¼´Κ￦‫ڻڵڴڶ‬￦
³º©¶·¸¥¸©¨Ζ￦ￔￏ￦ Ϯ‫ڵڵ‬Ζ‫ڴڴڴ‬ϯ￦ Ο￦ Ο￦ Ο￦ Ϯ‫ڵڵ‬Ζ‫ڴڴڴ‬ϯ￦
¹²¨©¶·¸¥¸©¨￦
ￊ©´¶©§­¥¸­³²￦©¼´Κ￦‫ڼڵڴڶ‬￦
³º©¶·¸¥¸©¨Ζ￦ￔￏ￦ ￦ ￦ Ϯ‫ڻ‬Ζ‫ڴڴڴ‬ϯ￦ Ο￦ Ϯ‫ڻ‬Ζ‫ڴڴڴ‬ϯ￦
¹²¨©¶·¸¥¸©¨￦
ￇ§§¶¹©¨￦©¼´©²·©￦
¹²¨©¶·¸¥¸©¨Ζ￦ￔￏ￦ ‫ڸ‬Ζ‫ڴڴڹ‬￦ ‫ڸ‬Ζ‫ڴڴڹ‬￦ Ϯ‫ڸ‬Ζ‫ڴڴڹ‬ϯ￦ Ο￦ Ο￦
³º©¶·¸¥¸©¨￦‫ڻڵڴڶ‬￦
ￇ§§¶¹©¨￦©¼´©²·©￦
¹²¨©¶·¸¥¸©¨Ζ￦ￔￏ￦ ￦ ￦ ‫ڻ‬Ζ‫ڴڴڹ‬￦ ‫ڻ‬Ζ‫ڴڴڹ‬￦ ‫ڻ‬Ζ‫ڴڴڹ‬￦
³º©¶·¸¥¸©¨￦‫ڼڵڴڶ‬￦
ￖ¶©´¥­¨￦©¼´©²·©￦
¹²¨©¶·¸¥¸©¨Ζ￦ￔￏ￦ Ϯ‫ڹ‬Ζ‫ڴڴڴ‬ϯ￦ Ϯ‫ڹ‬Ζ‫ڴڴڴ‬ϯ￦ ‫ڹ‬Ζ‫ڴڴڴ‬￦ Ο￦ Ο￦
¹²¨©¶·¸¥¸©¨￦‫ڻڵڴڶ‬￦
ￖ¶©´¥­¨￦©¼´©²·©￦
¹²¨©¶·¸¥¸©¨Ζ￦ￔￏ￦ ￦ ￦ Ϯ‫ڶڵ‬Ζ‫ڴڴڴ‬ϯ￦ Ϯ‫ڶڵ‬Ζ‫ڴڴڴ‬ϯ￦ Ϯ‫ڶڵ‬Ζ‫ڴڴڴ‬ϯ￦
¹²¨©¶·¸¥¸©¨￦‫ڼڵڴڶ‬￦
ￇ§§¶¹©¨￦¶©º©²¹©·￦
¹²¨©¶·¸¥¸©¨Ζ￦ￔￏ￦ ￦ ￦ Ϯ‫ڷ‬Ζ‫ڴڴڴ‬ϯ￦ Ϯ‫ڷ‬Ζ‫ڴڴڴ‬ϯ￦ Ϯ‫ڷ‬Ζ‫ڴڴڴ‬ϯ￦
¹²¨©¶·¸¥¸©¨￦‫ڼڵڴڶ‬￦
ￊ©ª©¶¶©¨￦¶©º©²¹©·￦
¹²¨©¶·¸¥¸©¨Ζ￦ￔￏ￦ ‫ڵ‬Ζ‫ڴڴڶ‬￦ ‫ڵ‬Ζ‫ڴڴڶ‬￦ Ϯ‫ڵ‬Ζ‫ڴڴڶ‬ϯ￦ Ο￦ Ο￦
³º©¶·¸¥¸©¨￦‫ڻڵڴڶ‬￦
ￚ³¸¥°￦ Ϯ‫ںڵ‬Ζ‫ڴڴڷ‬ϯ￦ Ϯ‫ڹ‬Ζ‫ڴڴڷ‬ϯ￦ ‫ڴڴڼ‬￦ ‫ڶ‬Ζ‫ڴڴڹ‬￦ Ϯ‫ڹڵ‬Ζ‫ڴڴڹ‬ϯ￦
25
Chapter 6: Correction of Errors

SUMMARY OF ANSWERS:
‫ڵ‬Κ￦ D ‫ڶ‬Κ B ‫ڷ‬Κ A ‫ڸ‬Κ A ‫ڹ‬Κ￦ C


PROBLEM 6-7
Adjusting entries:
¥ϯ￦ ￦ ‫ڸڵ‬Ζ‫ڴڴڴ‬￦ ￦
￦ ￦ ‫ڻ‬Ζ‫ڴڴڴ‬￦ ￦
￦ ￦￦￦￦ ￦ ￦ ‫ڵڶ‬Ζ‫ڴڴڴ‬￦
￦ ￦ ￦ ￦

¦ϯ￦ ￘©¸¥­²©¨￦©¥¶²­²«·Ζ￦¦©«­²²­²«￦ ‫ڹڶ‬Ζ‫ڴڴڴ‬￦ ￦

￦ ￦￦￦ￓ©¶§¬¥²¨­·©￦ￏ²º©²¸³¶½Ζ￦¦©«­²²­²«￦ ￦ ‫ڹڶ‬Ζ‫ڴڴڴ‬￦
￦ ￦ ￦ ￦

§ϯ￦ ￘©¸¥­²©¨￦©¥¶²­²«·Ζ￦¦©«￦ ‫ڹڵ‬Ζ‫ڴڴڹ‬￦ ￦

￦ ￦￦￦￉³±±­··­³²￦©¼´©²·©￦ ￦ ‫ڹڵ‬Ζ‫ڴڴڹ‬￦
￦ ￦ ￦ ￦

¨ϯ￦ ￚ¬­·￦­·￦²³¸￦¥²￦©¶¶³¶Ζ￦¶¥¸¬©¶￦­¸￦­·￦¥￦
§¬¥²«©￦­²￦¥§§³¹²¸­²«￦©·¸­±¥¸©Κ￦￦ ￦ ￦
￦ ￦ ￦ ￦

©ϯ￦ ￋµ¹­´±©²¸￦ ‫ڴڴڵ‬Ζ‫ڴڴڴ‬￦ ￦

￦ ￦￦￦ￇ§§¹±¹°¥¸©¨￦¨©´¶©§­¥¸­³²￦
￦ ￦ ‫ڴڶ‬Ζ‫ڴڴڴ‬￦
￦ ￦￦￦￘©¸¥­²©¨￦©¥¶²­²«·￦ ￦ ‫ڴڼ‬Ζ‫ڴڴڴ‬￦
￦ ￦ ￦ ￦

￦ ￦ ‫ڴڵ‬Ζ‫ڴڴڴ‬￦ ￦
￦ ￦￦￦￦ￇ§§¹±¹°¥¸©¨￦¨©´¶©§­¥¸­³²￦ ￦ ‫ڴڵ‬Ζ‫ڴڴڴ‬￦

Question No. 5
ￏ¸©±￦¥￦ ‫ڵڶ‬Ζ‫ڴڴڴ‬￦ ￦
ￏ¸©±￦¦￦ Ϯ‫ڹڶ‬Ζ‫ڴڴڴ‬ϯ￦ ￦
ￏ¸©±￦§￦ Ϯ‫ڹڵ‬Ζ‫ڴڴڹ‬ϯ￦ ￦
ￏ¸©±￦¨￦ Ο￦ ￦
ￏ¸©±￦©￦ ‫ڴڼ‬Ζ‫ڴڴڴ‬￦ ￦
ￔ©¸￦¥¨®¹·¸±©²¸￦¸³￦¶©¸¥­²©¨￦©¥¶²­²«·￦ (B)￦ 60,500

SUMMARY OF ANSWERS:
‫ڵ‬Κ￦ B ‫ڶ‬Κ￦ B ‫ڷ‬Κ￦ A ‫ڸ‬Κ￦ B ‫ڹ‬Κ￦ (B)

PROBLEM 6-8
￦

Question No. 1
ￛ²¥¨®¹·¸©¨￦¦©«­²²­²«￦¦¥°¥²§©￦Ϯ￉¶ϯ ‫ڴڻ‬Ζ‫ڴڴڴ‬￦
ￇ¨¨Ό￦￙¬¥¶©￦´¶©±­¹±￦§¶©¨­¸©¨￦¸³￦￘ￋ￦ ‫ڴڸ‬Ζ‫ڴڴڴ‬￦
￦￦￦￦￦￦￦￦￦￦ￛ²¥¨®¹·¸©¨￦￘ￋ￦Ϯￊ¶ϯ￦ ‫ڷڸڵ‬Ζ‫ڴڴڶ‬￦
ￛ²¥¨®¹·¸©¨￦ￔ©¸￦°³··￦￦ ￦ (C)￦ ‫ڷڹڶ‬Ζ‫ڴڴڶ‬￦

26
‫‪Chapter 6: Correction of Errors‬‬

‫ ‪Question No. 2‬‬

‫‪ￛ²¥¨®¹·¸©¨￦²©¸￦°³··￦‬‬ ‫‪ϯ￦‬ڴڴڶ‪Ζ‬ڷڹڶ‪Ϯ‬‬
‫‪ϯ￦‬ܫڴڸڵ‪￦¼￦‬ڴڴڴ‪Ζ‬ڴڶ‪￙¥°©·￦³º©¶Ζ￦ￔￏ￦³º©¶￦Ϯ‬‬ ‫‪ϯ￦‬ڴڴڴ‪Ζ‬ڼڶ‪Ϯ‬‬
‫‪ￋￏ￦¹²¨©¶Ζ￦ￔￏ￦³º©¶￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڶ‬
‫¶©¨‪ￍ¥­²￦¹²¨©¶Ζ￦ￔￏ￦¹²‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڵ‬
‫‪￘©´¥­¶·￦©¼´©²·©￦³º©¶Ζ￦ￔￏ￦¹²¨©¶￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڶ‬
‫‪ￊ©´¶©§­¥¸­³²￦ￋ¼´©²·©￦¦¹­°¨­²«￦¹²¨©¶Ζ￦ￔￏ￦³º©¶￦‬‬ ‫‪￦‬‬
‫‪ϯ￦‬ڴڴڴ‪Ζ‬ڴڴڹ‪￦¼￦‬ܫڹ‪Ϯ‬‬ ‫‪ϯ￦‬ڴڴڴ‪Ζ‬ڹڶ‪Ϯ‬‬
‫‪ￊ©´¶©§­¥¸­³²￦ￋ¼´©²·©￦©µ´±¸￦¹²¨©¶Ζ￦ￔￏ￦³º©¶￦‬‬ ‫‪ϯ￦‬ڴڴڵ‪Ζ‬ڴڶ‪Ϯ‬‬
‫‪￈¥¨￦¨©¦¸·￦©¼´￦¹²¨©¶Ζ￦ￔￏ￦³º©¶￦‬‬ ‫‪ϯ￦‬ڴڴں‪Ζ‬ڶ‪Ϯ‬‬
‫‪ￇ¨®¹·¸©¨￦²©¸￦°³··￦‬‬ ‫‪￦‬‬ ‫‪(C)￦‬‬ ‫‪ϯ￦‬ڴڴڽ‪Ζ‬ڻڼڶ‪Ϯ‬‬
‫‪￦‬‬

‫‪￉³±´¹¸¥¸­³²￦³ª￦«¥­²￦￦‬‬ ‫‪￦‬‬
‫‪ￔ©¸￦￙©°°­²«￦ￖ¶­§©￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڽ‬
‫‪ϯ‬ڶ‪￦¼￦‬ܫڴڵ‪￦¼￦‬ڴڴڴ‪Ζ‬ڴڵ‪ΟϮ‬ڴڴڴ‪Ζ‬ڴڵ‪ￒ©··Ό￦￉¥¶¶½­²«￦¥±³¹²¸￦Ϯ‬‬ ‫ڴڴڴ‪Ζ‬ڼ‬
‫‪ￍ¥­²￦³²￦·¥°©￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڵ‬
‫‪￦‬‬

‫‪￉³±´¹¸¥¸­³²￦³ª￦¨©´¶©§­¥¸­³²￦©¼´©²·©￦‬‬
‫‪©µ¹­´±©²¸Ό￦￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬
‫‪￦￈©«Κ￦￈¥°¥²§©￦³ª￦¸¬©￦ￋµ´±¸Κ￦ￔ©¸￦³ª￦¥··©¸￦￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬
‫‪ϯ￦￦‬ڴڴڴ‪Ζ‬ڴڵ‪Ο‬ڴڴڴ‪Ζ‬ڵڴڶ‪￦Ϯ‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڵڽڵ‬ ‫‪￦‬ܫڴڵ‪￦¼￦‬‬ ‫‪￦‬ڴڴڵ‪Ζ‬ڽڵ ‪￦‬‬
‫‪￦ￇ··©¸￦¨­·´³·©¨￦￦‬‬ ‫ڴڴڴ‪Ζ‬ڴڵ‬ ‫‪￦‬ڶڵ‪ϑ‬ں‪￦¼￦‬ܫڴڵ‪¼￦‬‬ ‫ڴڴڹ‬
‫‪￦ￇ··©¸￦¥§µ¹­¶©¨￦￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڶ‬ ‫‪￦‬ڶڵ‪ϑ‬ڷ‪￦¼￦‬ܫڴڵ‪￦¼￦‬‬ ‫‪￦‬ڴڴڹ‬
‫‪￦ￊ©´¶©§­¥¸­³²￦©¼´©²·©￦‬‬ ‫ڴڴڵ‪Ζ‬ڴڶ ‪￦‬‬
‫‪￦‬‬

‫‪ￚ¬©￦¹²¥¨®¹·¸©¨￦¦©«Κ￦￈¥°¥²§©￦³ª￦¸¬©￦©µ¹­´±©²¸￦­·￦§³±´¹¸©¨￦¥·￦ª³°°³»·Ό￦‬‬
‫‪ￛ²¥¨®¹·¸©¨￦¦¥°¥²§©￦©²¨￦‬‬ ‫ڴڴڴ‪Ζ‬ڶڽڵ‬
‫‪ￇ¨¨Ό￦ￇ±³¹²¸￦§¶©¨­¸©¨￦ª³¶￦¥··©¸￦¨­·´³·©¨￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڽ‬
‫‪ￛ²¥¨®¹·¸©¨￦¦¥°¥²§©￦¦©«￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڵڴڶ‬
‫‪￦‬‬

‫‪ￚ¬©￦¥¨®¹·¸©¨￦¦¥°¥²§©￦©²¨￦³ª￦¸¬©￦©µ¹­´±©²¸￦­·￦‬‬
‫‪ￛ²¥¨®¹·¸©¨￦¦¥°¥²§©￦¦©«￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڵڴڶ‬
‫‪ￇ¨¨Ό￦ￇ··©¸￦¥§µ¹­¶©¨￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڶ‬
‫‪ￚ³¸¥°￦‬‬ ‫ڴڴڴ‪Ζ‬ڵڶڶ‬
‫‪ￒ©··Ό￦§³·¸￦³ª￦¥··©¸￦¨­·´³·©¨￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڵ‬
‫‪ￇ¨®¹·¸©¨￦¦¥°¥²§©￦©²¨￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڵڵڶ‬
‫‪￦‬‬

‫‪￉³±´¹¸¥¸­³²￦³ª￦¦¥¨￦¨©¦¸·￦‬‬
‫‪￦￦‬ܫڹ‪ϯ￦¼￦‬ڴڴڴ‪Ζ‬ڼڶ‪Ο‬ڴڴڴ‪Ζ‬ڴڸڶ‪￘©µ¹­¶©¨￦¥°°³»¥²§©￦Ϯ‬‬ ‫‪￦‬ڴڴں‪Ζ‬ڴڵ‬
‫‪ￒ©··Ό￦ￇ°°³»¥²§©￦ª³¶￦￈ￊ￦¹²¥¨®¹·¸©¨￦￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڼ‬
‫‪ￇ¨¨­¸­³²¥°￦¦¥¨￦¨©¦¸·￦©¼´Κ￦￦‬‬ ‫‪￦‬ڴڴں‪Ζ‬ڶ‬
‫ ‬
‫ ‪Question No. 3‬‬
‫‪ￇ￙￙ￋￚ￙￦‬‬ ‫‪￦‬‬
‫‪￉¥·¬￦‬‬ ‫‪￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڹڷ‬
‫‪ϯ￦‬ڴڴڴ‪Ζ‬ڼڶ‪Ο‬ڴڴڴ‪Ζ‬ڴڸڶ‪ￇ§§³¹²¸·￦￘©§©­º¥¦°©￦Ϯ‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڶڵڶ‬ ‫‪￦‬‬
‫‪ￒ©··Ό￦ￇ°°³»¥²§©￦ª³¶￦￈¥¨￦ￊ©¦¸·￦‬‬ ‫ڴڴں‪Ζ‬ڴڵ‬ ‫‪￦‬ڴڴڸ‪Ζ‬ڵڴڶ‬

‫‪27‬‬
‫‪Chapter 6: Correction of Errors‬‬

‫‪ￇ¨º¥²§©·￦¸³￦©±´°³½©©·￦‬‬ ‫‪￦‬‬ ‫‪￦‬ڴڴڼ‪Ζ‬ڸ‬

‫©‪ￏ²¸©¶©·¸￦￘©§©­º¥¦°‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڷ‬
‫‪ￖ¶©´¥­¨￦©¼´©²·©·￦‬‬ ‫‪￦‬‬ ‫‪￦‬ڴڴڶ‪Ζ‬ںڵ‬
‫‪ϯ￦‬ڴڴڴ‪Ζ‬ڴڶܩ‪￦‬ڴڴڴ‪Ζ‬ڴڼڵ‪ￓ©¶§¬¥²¨­·©￦­²º©²¸³¶½￦Ϯ‬‬ ‫‪￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڴڶ‬
‫‪ￒ¥²¨￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڴڶ‬
‫‪￈¹­°¨­²«￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڴڹ‬ ‫‪￦‬‬
‫‪ￒ©··Ό￦ￇ§§¹±¹°¥¸©¨￦ￊ©´¶©§­¥¸­³²￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬
‫‪ϯ￦‬ڴڴڴ‪Ζ‬ڹڶܩڴڴڴ‪Ζ‬ڴڹڵ‪￦￦Ϯ‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڹڻڵ‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڹڶڷ‬
‫‪ￋµ¹­´±©²¸￦‬‬ ‫ڴڴڴ‪Ζ‬ڵڵڶ‬ ‫‪￦‬‬
‫‪ￒ©··Ό￦ￇ§§¹±¹°¥¸©¨￦ￊ©´¶©§­¥¸­³²￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬
‫‪ϯ￦‬ڴڴڴ‪Ζ‬ڶ‪Ο‬ڴڴڵ‪Ζ‬ڴڶܩڴڴڶ‪Ζ‬ڽڹ‪￦￦Ϯ‬‬ ‫‪￦‬ڴڴڷ‪Ζ‬ڻڻ‬ ‫‪￦‬ڴڴڻ‪Ζ‬ڷڷڵ‬
‫‪ￛ¸­°­¸½￦¨©´³·­¸·￦‬‬ ‫‪￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڹڵ‬
‫·¸©··‪ￕ¸¬©¶￦ￇ‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ں‬
‫‪ￚ³¸¥°￦¥··©¸·￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪(D)￦‬‬ ‫‪￦‬‬ ‫‪￦‬ڴڴڵ‪Ζ‬ڴڸڵ‪Ζ‬ڵ‬
‫ ‬
‫ ‪Question No. 4 and 5‬‬
‫‪ￒￏￇ￈ￏￒￏￚￏￋ￙￦ￇￔￊ￦￉ￇￖￏￚￇￒ￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬
‫‪ￇ§§³¹²¸·￦´¥½¥¦°©￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴںڶ‬
‫‪ￇ¨º¥²§©·￦ª¶³±￦§¹·¸³±©¶￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڵ‬
‫‪ￏ²¸©¶©·¸￦´¥½¥¦°©￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڼڵ‬
‫‪ￇ§§¶¹©¨￦©¼´©²·©￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڷ‬
‫‪ￓ³¶¸«¥«©￦ￖ¥½¥¦°©Ζ￦§¹¶¶©²¸￦´³¶¸­³²￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڴڵ‬
‫‪ￚ³¸¥°￦§¹¶¶©²¸￦ ￦‬‬
‫‪￦‬‬ ‫‪(A)￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڼڵڸ‬
‫‪ￓￖΖ￦²³²§¹¶¶©²¸￦´³¶¸­³²￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڴڹ‬
‫‪ￚ³¸¥°￦°­¥¦­°­¸­©·￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڼڵڽ‬
‫‪ￕ¶¨­²¥¶½￦·¬¥¶©·￦‬‬ ‫‪￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڴڸ‬ ‫‪￦‬‬
‫‪￙¬¥¶©￦ￖ¶©±­¹±￦‬‬ ‫‪￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڸ‬ ‫‪￦‬‬
‫‪￘©¸¥­²©¨￦©¥¶²­²«·￦Ϯ¨©ª­§­¸ϯ￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬
‫‪￈©«Κ￦￈¥°¥²§©￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڻ‬ ‫‪￦‬‬ ‫‪￦‬‬
‫‪ￒ©··Ό￦ￇ¨®¹·¸©¨￦²©¸￦°³··￦‬‬ ‫‪ϯ￦‬ڴڴڽ‪Ζ‬ڻڼڶ‪Ϯ‬‬ ‫‪ϯ￦‬ڴڴڽ‪Ζ‬ڻڵڶ‪Ϯ‬‬ ‫‪￦‬ڴڴڵ‪Ζ‬ڶڶڶ‬
‫‪ￚ³¸¥°￦°­¥¦­°­¸­©·￦¥²¨￦￙ￎￋ￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬ڴڴڵ‪Ζ‬ڴڸڵ‪Ζ‬ڵ‪￦‬‬
‫‪￦‬‬

‫ ‪SUMMARY OF ANSWERS:‬‬
‫ ‪Κ￦ C‬ڵ‬ ‫ ‪Κ￦ C‬ڶ‬ ‫ ‪Κ￦ D‬ڷ‬ ‫‪Κ￦‬ڸ‬ ‫ ‪A‬‬ ‫‪Κ￦‬ڹ‬ ‫ ‪A‬‬
‫‪￦‬‬

‫‪28‬‬
Chapter 8: Cash and Cash Equivalents

CHAPTER 8: CASH AND CASH EQUIVALENTS

￦
PROBLEM 8-1 Cash and Cash Equivalents
￦

￦ ‫ڴڹ‬Ζ‫ڴڴڴ‬￦
ￖ³·¸¥°￦±³²©½￦³¶¨©¶￦ ‫ڴڷ‬Ζ‫ڴڴڴ‬￦
ￖ©¸¸½￦§¥·¬￦ª¹²¨￦ ￦ ￦ ￦ ￦ ￦ ￦￦￦￦￦‫ڸ‬Ζ‫ڴڴڴ‬￦
ￚ¶©¥·¹¶½￦¦­°°·Ζ￦¨¹©￦‫ڷ‬ϑ‫ڵڷ‬ϑ‫ڽڵڴڶ‬￦Ϯ´¹¶§¬¥·©¨￦‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ڼڵڴڶ‬ϯ￦ ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦
￉¹¶¶©²¸￦¥§§³¹²¸￦¥¸￦ￓ©¸¶³¦¥²¯￦ ‫ڶ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
ￖ¥½¶³°°￦¥§§³¹²¸￦ ‫ڴڴڹ‬Ζ‫ڴڴڴ‬￦
ￚ¶©¥·¹¶½￦»¥¶¶¥²¸·￦ ￦ ￦ ￦ ￦ ￦‫ڴڴڷ‬Ζ‫ ڴڴڴ‬
Total cash and cash equivalents 3,084,000
￦

Suggested answer: A


PROBLEM 8-2 Cash and Cash Equivalents
￘©´³¶¸©¨￦§¥·¬￦¥²¨￦§¥·¬￦©µ¹­º¥°©²¸·￦ ‫ں‬Ζ‫ڹڶڷ‬Ζ‫ڴڴڴ‬￦
￉©¶¸­ª­§¥¸©￦³ª￦¨©´³·­¸·￦»­¸¬￦±¥¸¹¶­¸½￦³ª￦‫ڴڶڵ‬￦¨¥½·￦ Ϯ‫ڴڴڹ‬Ζ‫ڴڴڴ‬ϯ￦
ￖ³·¸¨¥¸©¨￦§¬©§¯￦ Ϯ‫ڹڶڵ‬Ζ‫ڴڴڴ‬ϯ￦
￉³±´©²·¥¸­²«￦¦¥°¥²§©￦ ￦°©«¥°°½￦¶©·¸¶­§¸©¨￦ ￦￦￦Ϯ‫ڴڴڹ‬Ζ‫ڴڴڴ‬ϯ￦
ￇ¨®¹·¸©¨￦§¥·¬￦¥²¨￦§¥·¬￦©µ¹­º¥°©²¸·￦ P5,200,000
￦

Suggested answer: C
￦
￦
PROBLEM 8-3 Cash and Cash Equivalents
￈­°°·￦¥²¨￦§³­²·￦³²￦¬¥²¨￦ ￖ￦￦￦￦‫ڶڹ‬Ζ‫ڴڼڻ‬￦
￦ ‫ڶڶ‬Ζ‫ڴڴڸ‬￦
ￖ©¸¸½￦§¥·¬￦excluding￦´¥­¨￦§¥·¬￦º³¹§¬©¶·￦³ª￦ￖ‫ڵ‬Ζ‫ڴڹں‬￦ ‫ڴڹڷ‬￦
ￓ³²©½￦³¶¨©¶￦ ‫ڴڴڼ‬￦￦
￉¬©§¯­²«￦ￇ§§³¹²¸￦￈¥°¥²§©￦­²￦￈¥²¯￦³ª￦ￖ¬­°­´´­²©￦ￏ·°¥²¨￦ ￦￦￦￦￦￦‫ڶڶ‬Ζ‫ڴڴڴ‬￦
ￚ³¸¥°￦ P 98,330
￦

Suggested answer: D
￦
￦
PROBLEM 8-4 Cash and Cash Equivalents
￉¥·¬￦³²￦¬¥²¨￦ ￖ￦￦￦￦￦￦￦￦￦￦‫ڴڼ‬Ζ‫ڴڴڴ‬￦
￉¬©§¯­²«￦¥§§³¹²¸￦ￔ³Κ￦‫ڷڸڵ‬￦Ο￦￈ￖￏ￦ ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦
￉¬©§¯­²«￦¥§§³¹²¸￦ￔ³Κ￦‫ڹڹڵ‬￦Ο￦￈ￖￏ￦ Ϯ‫ڴڷ‬Ζ‫ڴڴڴ‬ϯ￦
Є￙©§¹¶­¸­©·￦§°¥··­ª­©¨￦¥·￦§¥·¬￦©µ¹­º¥°©²¸·￦ ￦￦￦￦￦‫ڷ‬Ζ‫ڴڴں‬Ζ‫ڴڴڴ‬￦
￉¬©§¯­²«￦¥§§³¹²¸￦ￔ³Κ￦‫ڹڹڵ‬￦Ο￦￈ￖￏ￦ P 3,850,000
￦

￦ ￦

29
Chapter 8: Cash and Cash Equivalents

Є￈¶©¥¯¨³»²￦³ª￦·©§¹¶­¸­©·￦§°¥··­ª­©¨￦¥·￦§¥·¬￦©µ¹­º¥°©²¸·￦
Date Maturity
Securities: Acquired Date Amount
‫ڴڶڵ‬Ο¨¥½￦￉©¶¸­ª­§¥¸©￦³ª￦ￊ©´³·­¸￦ ‫ڶڵ‬ϑ‫ڴڵ‬ϑ‫ڼڵڴڶ‬￦ ‫ڵڴ‬ϑ‫ڵڷ‬ϑ‫ڽڵڴڶ‬￦ ￖ￦‫ڴڴں‬Ζ‫ڴڴڴ‬￦
￈￙ￖΟￚ¶©¥·¹¶½￦￈­°°·￦Ϯￔ³Κ‫ڶ‬ϯ￦ ‫ڴڵ‬ϑ‫ڵڷ‬ϑ‫ڼڵڴڶ‬￦ ‫ڵڴ‬ϑ‫ڴڶ‬ϑ‫ڽڵڴڶ‬￦ ‫ڵ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
ￓ³²©½￦ￓ¥¶¯©¸￦ￌ¹²¨·￦ ‫ڵڵ‬ϑ‫ڵڶ‬ϑ‫ڼڵڴڶ‬￦ ‫ڶڴ‬ϑ‫ڴڵ‬ϑ‫ڽڵڴڶ‬￦ ‫ڶ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
￦

Suggested answer: A


PROBLEM 8-5 Cash and Cash Equivalents
￈¥²¯￦§¬©µ¹©￦¥§§³¹²¸￦ ￖ￦￦￦￦￦￦￦￦￦￦‫ڼڹ‬Ζ‫ڴڴڸ‬￦
￈¥²¯￦·¥º­²«·￦¥§§³¹²¸￦Ϯ§³°°©§¸­¦°©￦­±±©¨­¥¸©°½ϯ￦ ‫ڷڶ‬Ζ‫ڴڸڸ‬￦
￉¥·¬￦ ‫ڴڵ‬Ζ‫ڴڴڴ‬￦
ￚ¶©¥·¹¶½￦¦³²¨·￦ ￦±¥¸¹¶­²«￦­²￦‫ڶ‬￦±³²¸¬·￦ ￦￦￦￦￦￦￦￦￦￦￦￦￦‫ڼ‬Ζ‫ڴڴڹ‬￦
￉¥·¬￦¥²¨￦§¥·¬￦©µ¹­º¥°©²¸·￦ P 100,340
￦

Suggested answer: B
￦
￦
PROBLEM 8-6 Cash and Cash Equivalents
ￖ©¸¸½￦§¥·¬￦ª¹²¨￦Ϯ‫ڴڻ‬Ζ‫ڴڴڴ‬Ο‫ڹڵ‬Ζ‫ڴڴڴ‬Ο‫ڹ‬Ζ‫ڴڴڴ‬ϯ￦ ‫ڴڹ‬Ζ‫ڴڴڴ‬￦
￉¹¶¶©²¸￦¥§§³¹²¸￦ ￦ￓ©¸¶³￦￈¥²¯￦Ϯ‫ڸ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڵܩڴڴڴ‬Ζ‫ڴڴڴ‬ϯ￦ ￦￦￦￦￦‫ڸ‬Ζ‫ڴڴڵ‬Ζ‫ڴڴڴ‬￦
￉¥·¬￦¥²¨￦§¥·¬￦©µ¹­º¥°©²¸·￦ P4,150,000
￦

Suggested answer: C
￦
￦
PROBLEM 8-7 Effective Interest Rate
￦

Question No. 1
ￒ©¸￦￞￦‫ܥ‬￦ￖ¶­²§­´¥°￦¥±³¹²¸￦³ª￦¸¬©￦°³¥²￦
ￖ¶­²§­´¥°￦ ￞￦
ￒ©··Ό￦￉³±´©²·¥¸­²«￦¦¥°¥²§©￦ ‫ܫڹ‬￞￦
ￇ¨¨Ό￦￉¹¶¶©²¸￦¦¥°¥²§©￦ ￦￦￦￦￦￦￦￦‫ڴڹ‬Ζ‫ڴڴڴ‬￦
ￇ±³¹²¸￦²©©¨©¨￦ ￖ‫ڷ‬Ζ‫ڹڻڷ‬Ζ‫ڴڴڴ‬￦￦
￦

￞ΟΚ‫ڹڴ‬￞‫ڴڹܩ‬Ζ‫ڴڴڴ‬￦ ‫ܥ‬￦ ‫ڷ‬Ζ‫ڹڻڷ‬Ζ‫ڴڴڴ‬￦

Κ‫ڹڽ‬￞￦ ‫ܥ‬￦ ‫ڷ‬Ζ‫ڹڻڷ‬Ζ‫ڴڴڴ‬Ο‫ڴڹ‬Ζ‫ڴڴڴ‬￦
Κ‫ڹڽ‬￞ϑΚ‫ڹڽ‬￦ ‫ܥ‬￦ ‫ڷ‬Ζ‫ڹڶڷ‬Ζ‫ڴڴڴ‬ϑΚ‫ڹڽ‬￦
￞￦ ‫ܥ‬￦ 3,500,000
￦
Question No. 2
ￇ²²¹¥°￦­²¸©¶©·¸￦´¥½±©²¸￦Ϯ‫ڷ‬Ζ‫ڴڴڹ‬Ζ‫ڴڴڴ‬￦¼￦‫ܫڶڵ‬ϯ￦ ‫ڴڶڸ‬Ζ‫ڴڴڴ‬￦
ￏ²¸©¶©·¸￦­²§³±©￦³²￦¸¬©￦°³¥²￦´¶³§©©¨·￦­²￦¸¬©￦ ￦
￦￦§³±´©²·¥¸­²«￦¦¥°¥²§©￦σ‫ڷ‬Κ‫ڹ‬ￓΟ‫ڷ‬Ζ‫ڹڻڷ‬Ζ‫ڴڴڴ‬ϯ￦¼￦‫ܫڸ‬σ￦ ‫ڹ‬Ζ‫ڴڴڴ‬￦
ￔ©¸￦­²¸©¶©·¸￦ ‫ڹڵڸ‬Ζ‫ڴڴڴ‬￦
30
Chapter 8: Cash and Cash Equivalents

ￊ­º­¨©￦¦½￦°³¥²￦´¶³§©©¨·￦Ϯ‫ڷ‬Ζ‫ڴڴڹ‬Ζ‫ڴڴڴ‬Ο‫ڹڻڵ‬Ζ‫ڴڴڴ‬ϯ￦ ‫ڷ‬Ζ‫ڹڻڷ‬Ζ‫ڴڴڴ‬￦
ￋªª©§¸­º©￦­²¸©¶©·¸￦¶¥¸©￦ 12.30%
￦

Suggested answers:
‫ڵ‬Κ C 2. C
￦
￦
PROBLEM 8-8 Petty Cash Fund￦

Requirement No. 1: ￝³¶¯­²«￦ￖ¥´©¶￦ª³¶￦¸¬©￦ￖ©¸¸½￦￉¥·¬￦ￌ¹²¨￦
￦

Petty Cash Count Sheet

January 3, 2019; 9:00 AM
Denomination Quantity Total
Bills 200 10 2,000
100 20 2,000
20 40 800
Coins 10 100 1,000
5 450 2,250
1 804 804
.25 1,410 352.50
.10 1,520 152
.05 810 40.5
Total Bills and Coins 9,399
Checks for Deposits:
Maker Date Payee Amount
Jose Manalo, Manager 12/05/18 ABC Company 800
W. Ally, Cashier 12/28/18 ABC Company 500
Total 1,300
I.O.U's Date Amount
A. Braham, janitor 12/19/18 250
R. Tica, clerk 12/20/18 150
P. Du, Bookkeeper 12/22/18 200
Total 600
Vouchers:
Payee Date Account charged Amount
J. Cruz, messenger 12/14/18 Advances to employees 125.00
Cid Bookstore 12/15/18 Supplies 150.00
Dalin Liner 12/19/18 Freight-out 192.00
Bureau of Posts (stamps) 12/20/18 Supplies 300.00
A. Bala, carpenter 12/21/18 Repairs 450.00
B. Go 01/02/19 Miscellaneous expense 154
Total 1,371.00

31
Chapter 8: Cash and Cash Equivalents

Bills and coins 9,399

Checks for deposit 1,300
600
Vouchers paid 1,371
Unused stamps
Total Petty Cash Accounted 12,670
Less: Petty cash Accountabilities 14,000
Petty Cash Shortage (1,330)

Petty cash accountabilities

Petty cash imprest balance 12,000
Unclaimed payroll 600
Undeposited collection (8,000 6,600) 1,400
Petty cash accountabilities 14,000
Acknowledgment
I hereby acknowledge that the above petty cash fund items were counted in my presence
and the same were returned to me intact. I further acknowledge a petty cash short of one
thousand and three hundred thirty ( 1,330). I have no other fund accountabilities.
W. Ally
Petty Cash Custodian

Requirement No. 2
ADJUSTING ENTRIES Debit Credit
‫ڵ‬ϯ￦ ￋ±´°³½©©￦¥¨º¥²§©·￦ ‫ڴڴں‬￦ ￦
￦ ￦￦ￖ©¸¸½￦§¥·¬￦ª¹²¨￦ ￦ ‫ڴڴں‬￦
￦ ￦ ￦ ￦

‫ڶ‬ϯ￦ ￋ¼´©²·©·￦ ‫ڵ‬Ζ‫ڻڵڶ‬￦ ￦

￦ ￕªª­§©￦·¹´´°­©·￦ ‫ڴڹ‬￦ ￦
￦ ￦￦ￖ©¸¸½￦§¥·¬￦ª¹²¨￦ ￦ ‫ڵ‬Ζ‫ڻںڶ‬￦
￦ ￦ ￦ ￦

‫ڷ‬ϯ￦ ￉¥·¬￦·¬³¶¸￦³¶￦³º©¶￦ ‫ڶ‬Ζ‫ڸڷڶ‬￦ ￦

￦ ￦￦ￖ©¸¸½￦§¥·¬￦ª¹²¨￦ ￦ ‫ڶ‬Ζ‫ڸڷڶ‬￦
￦ ￦ ￦ ￦

‫ڸ‬ϯ￦ ￉¥·¬￦·¬³¶¸￦³¶￦³º©¶￦ ‫ڶ‬Ζ‫ڸڷڶ‬￦ ￦

￦ ￦￦ￖ©¸¸½￦§¥·¬￦ª¹²¨￦ ￦ ‫ڶ‬Ζ‫ڸڷڶ‬￦

Requirement No. 3
￈­°°·￦¥²¨￦§³­²·￦ ‫ڽ‬Ζ‫ڽڽڷ‬￦
￉¬©§¯·￦ª³¶￦¨©´³·­¸￦ ‫ڴڴڹ‬￦
ￖ¥½±©²¸￦ ³ª￦ ±­·§©°°¥²©³¹·￦ ©¼´©²·©￦ ¥ª¸©¶￦
¶©´³¶¸­²«￦¨¥¸©￦ ‫ڸڹڵ‬￦
ￚ³¸¥°￦§¥·¬￦ ‫ڴڵ‬Ζ‫ڷڹڴ‬￦
ￒ©··Ό￦ￛ²¨©´³·­¸©¨￦§³°°©§¸­³²·￦Ϯ‫ڼ‬Ζ‫ڴڴڴ‬￦ ￦‫ں‬Ζ‫ڴڴں‬ϯ￦ ‫ڵ‬Ζ‫ڴڴڸ‬￦
ￚ³¸¥°￦ￖ©¸¸½￦￉¥·¬￦ￌ¹²¨￦ ￦‫ڼ‬Ζ‫ڷڹں‬￦
32
‫‪Chapter 8: Cash and Cash Equivalents‬‬

‫ ‪PROBLEM 8-9 Petty Cash Fund‬‬

‫‪￉¥·¬￦ￇ§§³¹²¸©¨￦ￌ³¶￦‬‬
‫‪￉¹¶¶©²§½￦‬‬ ‫‪￦‬ڴڴ‪Κ‬ڹڼڹ‪Ζ‬ڶ‬
‫‪￉¬©§¯·￦‬‬ ‫‪￦‬ڴڴ‪Κ‬ڴڴں‪Ζ‬ڻڵ‬
‫‪ￛ²¶©´°©²­·¬©¨￦ￜ³¹§¬©¶·￦‬‬ ‫ڴڴ‪Κ‬ڹڶڸ‬
‫‪ￏￕￛ·￦‬‬ ‫‪￦‬ڴڴ‪Κ‬ڴڹڵ‬ ‫‪￦‬ڴڴ‪Κ‬ڴںڻ‪Ζ‬ڴڶ‬
‫‪￉¥·¬￦ￇ§§³¹²¸¥¦­°­¸½￦‬‬ ‫‪￦‬‬
‫‪ￖ©¸¸½￦￉¥·¬￦ￌ¹²¨￦‬‬ ‫‪￦‬ڴڴ‪Κ‬ڴڴڴ‪Ζ‬ڹ‬
‫¯§©¬§‪￉³°°©§¸­³²·￦ª¶³±￦§¹·¸³±©¶￦Ο‬‬ ‫ڴڴ‪Κ‬ڴڴڹ‪Ζ‬ں‬
‫‪￉¥·¬￦§³°°©§¸­³²·￦‬‬ ‫‪￦‬ڴڴ‪Κ‬ڴڹڵ‪Ζ‬ڶڵ‬ ‫‪￦‬ڴڴ‪Κ‬ڴڹں‪Ζ‬ڷڶ‬
‫‪￉¥·¬￦ￕº©¶¥«©￦Ϯ￙¬³¶¸¥«©ϯ￦‬‬ ‫‪￦‬‬ ‫‪ϯ￦‬ڴڴ‪Κ‬ڴڽڼ‪Ζ‬ڶ‪Ϯ‬‬
‫‪￦‬‬

‫ ‪Quantity Denomination‬‬ ‫ ‪Total‬‬

‫‪￦‬ڴڹ‬ ‫‪￦‬ڵ‬ ‫‪￦‬ڴڴ‪Κ‬ڴڹ‬
‫ڴں‬ ‫ڹڶ‪Κ‬ڴ‬ ‫ڴڴ‪Κ‬ڹڵ‬
‫‪￦‬ڷ‬ ‫‪￦‬ڴڴڹ‬ ‫‪￦‬ڴڴ‪Κ‬ڴڴڹ‪Ζ‬ڵ‬
‫‪￦‬ڹ‬ ‫‪￦‬ڴڴڵ‬ ‫‪￦‬ڴڴ‪Κ‬ڴڴڹ‬
‫ڴڶ‬ ‫ڴڶ‬ ‫ڴڴ‪Κ‬ڴڴڸ‬
‫‪￦‬ڶڵ‬ ‫‪￦‬ڴڵ‬ ‫‪￦‬ڴڴ‪Κ‬ڴڶڵ‬
‫‪ￚ³¸¥°￦§¹¶¶©²§­©·￦¥²¨￦§³­²·￦‬‬ ‫‪￦‬ڴڴ‪Κ‬ڹڼڹ‪Ζ‬ڶ‬
‫‪￦‬‬

‫‪￉¬©§¯·Ό￦‬‬
‫‪ￇ°￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڹ‬
‫‪￘©¼￦‬‬ ‫ڴڴڵ‪Ζ‬ں‬
‫‪￠©ºΖ￦§¹·¸³±©¶￦‬‬ ‫‪￦‬ڴڴڹ‪Ζ‬ں‬
‫‪ￚ³¸¥°￦‬‬ ‫‪￦‬ڴڴں‪Ζ‬ڻڵ‬
‫‪￦‬‬

‫‪ￛ²¶©´°©²­·¬©¨￦º³¹§¬©¶·Ό￦‬‬ ‫‪￦‬‬
‫‪ￚ¶¥²·´³¶¥¸­³²￦‬‬ ‫‪￦‬ڹں‬
‫·©­‪ￕªª­§©￦·¹´´°‬‬ ‫ڴڻ‬
‫‪￞©¶³¼￦ª©©·￦‬‬ ‫‪￦‬ڴڼ‬
‫‪ￖ³·¸¥«©￦‬‬ ‫‪￦‬ڴڹڵ‬
‫‪ￔ©»·´¥´©¶￦‬‬ ‫‪￦‬ڴڵ‬
‫·©«¶‪ￌ¶©­«¬¸￦§¬¥‬‬ ‫ڴڹ‬
‫‪ￚ³¸¥°￦‬‬ ‫‪￦‬ڹڶڸ‬
‫‪￦‬‬

‫‪ￏￕￛ·￦‬‬
‫‪￘¬¥¨￦‬‬ ‫‪￦‬ڴڹ‬
‫‪ￇ²¨¶­¼￦‬‬ ‫‪￦‬ڴڴڵ‬
‫‪ￚￕ¸¥°￦‬‬ ‫ڴڹڵ‬
‫‪￦‬‬

‫ ‪Cash collections‬‬
‫‪￦‬ڷڸڵ‬ ‫‪￦‬ڴڴ‪Κ‬ڴڴڴ‪Ζ‬ڸ‬
‫‪￦‬ڸڸڵ‬ ‫‪￦‬ڴڴ‪Κ‬ڴڴڵ‪Ζ‬ڹ‬
‫‪￦‬ڹڸڵ‬ ‫ڴڴ‪Κ‬ڴڹڴ‪Ζ‬ڷ‬
‫‪ￚ³¸¥°￦‬‬ ‫ڴڴ‪Κ‬ڴڹڵ‪Ζ‬ڶڵ‬
‫ ‬
‫ ‬
‫‪33‬‬
Chapter 8: Cash and Cash Equivalents

PROBLEM 8-10 Bank Reconciliation

Oct. 31 Receipts Disb Nov. 30
ￛ²¥¨®¹·¸©¨￦bank￦¦¥°￦ ￦￦‫ڼڵ‬Ζ‫ڹڴڴ‬￦￦ ￦￦￦￦‫ڻڵ‬Ζ‫ڽڴڻ‬￦￦ ￦‫ڹڶ‬Ζ‫ڴڶں‬￦￦ ￦￦‫ڴڵ‬Ζ‫ڸڽڴ‬￦
ￋ¶¶³²©³¹·￦¦¥²¯￦§¶©¨­¸￦ ￦ ￦￦￦￦￦￦￦Ϯ‫ڴڴڹ‬ϯ￦ ￦ ￦￦￦￦￦Ϯ‫ڴڴڹ‬ϯ￦
ￊￏￚΌ￦ￕ§¸³¦©¶ ￦￦￦￦‫ڵ‬Ζ‫ڴڽڻ‬￦￦ ￦￦￦￦￦Ϯ‫ڵ‬Ζ‫ڴڽڻ‬ϯ￦
￦￦￦￦￦￦￦￦￦ￔ³º©±¦©¶￦ ￦ ￦￦￦￦￦￦‫ڷ‬Ζ‫ڴڴں‬￦￦ ￦ ￦￦￦￦‫ڷ‬Ζ‫ڴڴں‬￦
ￕ￉Ό￦￦ￕ§¸³¦©¶￦ ￦￦￦Ϯ‫ں‬Ζ‫ڵڼں‬ϯ￦ ￦ ￦￦Ϯ‫ں‬Ζ‫ڵڼں‬ϯ￦ ￦
￦￦￦￦￦￦￦￦￦ￔ³ºΚ￦Ϯ‫ڵܩڴںڻ‬Ζ‫ڼںڼ‬ϯ￦ ￦ ￦ ￦￦￦‫ڶ‬Ζ‫ڼڶں‬￦￦ ￦￦￦Ϯ‫ڶ‬Ζ‫ڼڶں‬ϯ
￦ ￦￦‫ڷڵ‬Ζ‫ڸڵڵ‬￦￦ ￦￦￦￦‫ڽڵ‬Ζ‫ڽڵڴ‬￦￦ ‫ڵڶ‬Ζ‫ڻںڹ‬￦￦ ￦￦‫ڴڵ‬Ζ‫ںںڹ‬￦
￦

ￛ²¥¨®¹·¸©¨￦book￦¦¥°￦ ￦￦‫ڵڵ‬Ζ‫ڸڷڹ‬￦￦ ￦￦￦￦‫ڼڵ‬Ζ‫ڽںڶ‬￦￦ ￦‫ڵڶ‬Ζ‫ڹڻڹ‬￦￦ ￦￦￦￦‫ڼ‬Ζ‫ڼڶڶ‬￦

￉¶©¨­¸￦±©±³￦ￕ§¸Κ￦ ￦￦￦￦‫ڵ‬Ζ‫ڴڴں‬￦￦ ￦ ￦￦￦￦‫ڵ‬Ζ‫ڴڴں‬￦
￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦ￔ³ºΚ￦ ￦ ￦￦￦￦￦￦￦￦‫ڴڹڻ‬￦￦ ￦ ￦￦￦￦￦￦‫ڴڹڻ‬￦
ￔ￙ￌΟￔ³º￦ ￦ ￦ ￦￦￦￦￦￦‫ڹںں‬￦￦ ￦￦￦￦￦Ϯ‫ڹںں‬ϯ￦
￈￙￉Ό￦ￕ§¸ ￦￦￦￦￦￦￦Ϯ‫ڴڶ‬ϯ￦ ￦ ￦￦￦￦￦￦￦Ϯ‫ڴڶ‬ϯ
￦￦￦￦￦￦￦￦￦￦ￔ³º￦ ￦ ￦ ￦￦￦￦￦￦￦‫ڶڶ‬￦￦ ￦￦￦￦￦￦￦Ϯ‫ڶڶ‬ϯ￦
￦ ￦ ￦ ￦￦￦￦￦￦￦‫ڹڷ‬￦￦ ￦￦￦￦￦￦￦Ϯ‫ڹڷ‬ϯ￦
￉¬©§¯￦ ￔ³Κ￦ ‫ڼڸڵ‬￦
³º©¶·¸¥¸©¨￦
¨­·¦¹¶·©±©²¸￦ ￦ ￦ ￦￦Ϯ‫ڵ‬Ζ‫ڴڴڴ‬ϯ￦ ￦￦￦￦‫ڵ‬Ζ‫ڴڴڴ‬￦
￉¬©§¯￦ ￔ³Κ￦ ‫ڴڹڵ‬￦
¹²¨©¶·¸¥¸©¨￦
¨­·¦¹¶·©±©²¸￦ ￦ ￦ ￦￦￦￦￦￦‫ڴڻڶ‬￦￦ ￦￦￦￦￦Ϯ‫ڴڻڶ‬ϯ￦
￦ ￦￦‫ڷڵ‬Ζ‫ڸڵڵ‬￦￦ ￦￦￦￦‫ڽڵ‬Ζ‫ڽڵڴ‬￦￦ ￦‫ڵڶ‬Ζ‫ڻںڹ‬￦￦ ￦￦‫ڴڵ‬Ζ‫ںںڹ‬￦
￦

SUMMARY OF ANSWERS:
‫ڵ‬Κ￦ B ‫ڶ‬Κ￦ A ‫ڷ‬Κ￦ B ‫ڸ‬Κ￦ D ‫ڹ‬Κ￦ A


PROBLEM 8-11 Deposit in Transit
ￊ©´³·­¸￦­²￦¸¶¥²·­¸Ζ￦¦©«￦ ￦ ￖ￦￦‫ڴڹ‬Ζ‫ڴڴڴ‬￦￦
ￇ¨¨Ό￦￈³³¯￦¨©¦­¸·￦ª³¶￦¸¬©￦±³²¸¬￦ ￖ￦‫ڴڴڸ‬Ζ‫ڴڴڴ‬￦ ￦
￦￦￦￦￦￦￦￦￦￦ￒ©··Ό￦￉ￓ￦¶©§³¶¨©¨￦¸¬­·￦±³²¸¬￦ ‫ڹ‬Ζ‫ڴڴڴ‬￦ ￦
￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦ￋ¶¶³¶￦ ￦§¬©§¯￦¶©§©­º©¨￦Ϯ￐¥²ϯ￦ ‫ںڷ‬Ζ‫ڴڴڴ‬￦ ￦
￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦ￋ¶¶³¶￦ ￦§¬©§¯￦­··¹©¨￦Ϯ￐¥²ϯ￦ ‫ڻڶ‬Ζ‫ڴڴڴ‬￦ ￦
￦￦￦￦￦￦￦￦￦￦ￇ¨¨Ό￦￦ￋ¶¶³¶￦ ￦§¬©§¯￦¶©§©­º©¨￦Ϯￌ©¦ϯ￦ ￦￦￦￦￦￦￦‫ںڵ‬Ζ‫ڴڴڴ‬￦ ￦￦‫ڼڸڷ‬Ζ‫ڴڴڴ‬￦￦
ￚ³¸¥°￦ ￦ ￦‫ڼڽڷ‬Ζ‫ڴڴڴ‬￦￦
ￒ©··Ό￦￈¥²¯￦¨©¦­¸·￦ª³¶￦¸¬­·￦±³²¸¬￦ ￖ￦‫ڴںڷ‬Ζ‫ڴڴڴ‬￦ ￦
￦￦￦￦￦￦￦￦￦￦ￒ©··Ό￦￉ￓ￦ª³¶￦¸¬­·￦±³²¸¬￦ ‫ں‬Ζ‫ڴڴڴ‬￦￦￦￦￦￦ ￦
￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦ￋ¶¶³²©³¹·￦¦¥²¯￦§¶©¨­¸￦Ο￦ￌ©¦￦ ‫ڶ‬Ζ‫ڴڴڹ‬￦￦￦￦￦￦ ￦
￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦ￋ¶¶³²©³¹·￦¦¥²¯￦§¬¥¶«©￦Ο￦￐¥²￦￦ ￦￦￦￦￦￦￦￦‫ڵ‬Ζ‫ڴڴڴ‬￦ ￦￦￦‫ڴڹڷ‬Ζ‫ڴڴڹ‬￦￦
ￊ©´³·­¸￦­²￦¸¶¥²·­¸Ζ￦©²¨￦ ￦ P 47,500
￦

Suggested answer: A
￦

34
‫‪Chapter 8: Cash and Cash Equivalents‬‬

‫ ‪PROBLEM 8-12 Outstanding Checks‬‬

‫‪ￕ¹¸·¸¥²¨­²«￦§¬©§¯·Ζ￦¦©«￦Ϯ·µ¹©©¾©ϯ￦‬‬ ‫‪￦‬‬ ‫ ‪P 12,880‬‬
‫‪ￇ¨¨Ό￦￈³³¯￦§¶©¨­¸·￦ª³¶￦¸¬©￦±³²¸¬￦‬‬ ‫‪￦‬ڴڴڼ‪Ζ‬ڹڼ‪ￖ￦‬‬ ‫‪￦‬‬
‫‪￦￦￦￦￦￦￦￦￦￦ￒ©··Ό￦ￋ¶¶³¶￦­²￦¶©§³¶¨­²«￦‬‬ ‫‪￦‬ڴڴڼ‪Ζ‬ڵ‬ ‫‪￦‬‬
‫‪￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￙©¶º­§©￦§¬¥¶«©￦¶©§³¶¨©¨￦‬‬ ‫‪￦￦‬ڴڷ‪￦￦￦￦￦￦￦￦￦￦￦￦‬‬ ‫‪￦￦‬ڴڻڽ‪Ζ‬ڷڼ‪￦￦‬‬
‫‪ￚ³¸¥°￦‬‬ ‫‪￦‬‬ ‫‪￦￦‬ڴڹڼ‪Ζ‬ںڽ‪￦‬‬
‫‪ￒ©··Ό￦￈¥²¯￦¨©¦­¸·￦ª³¶￦¸¬­·￦±³²¸¬￦‬‬ ‫‪￦‬ڴڹں‪Ζ‬ڻڽ‪ￖ￦‬‬ ‫‪￦‬‬
‫‪￦￦￦￦￦￦￦￦￦￦ￒ©··Ό￦ￔ￙ￌ￦§¬©§¯￦¶©¸¹¶²©¨￦‬‬ ‫‪￦￦￦￦￦￦‬ڴڴڷ‪Ζ‬ڶ‬ ‫‪￦‬‬
‫‪￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦ￊￓ￦ª³¶￦¸¬­·￦±³²¸¬￦￦‬‬ ‫‪￦￦‬ڴڴڴ‪Ζ‬ڷ‪￦￦￦￦￦￦‬‬ ‫‪￦￦‬ڴڹڷ‪Ζ‬ڶڽ‪￦￦￦‬‬
‫‪ￕ¹¸·¸¥²¨­²«￦§¬©§¯·Ζ￦©²¨￦‬‬ ‫‪￦‬‬ ‫ ‪P 4,500‬‬
‫‪￦‬‬

‫ ‪Suggested answer: A‬‬

‫ ‬
‫ ‬
‫ ‪PROBLEM 8-13 Proof of Cash‬‬
‫‪￦‬‬

‫ ‪Question No. 1‬‬ ‫ ‬

‫‪ￕ¹¸·¸¥²¨­²«￦§¬©§¯·Ζ￦¦©«Κ￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڹ‬
‫‪ￇ¨¨Ό￦￉¬©§¯·￦­··¹©¨￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڹڶ‪Ζ‬ڵ‬
‫‪ￚ³¸¥°￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڴڷ‪Ζ‬ڵ‬
‫‪ￒ©··Ό￦￉¬©§¯·￦´¥­¨￦¦½￦¸¬©￦¦¥²¯￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڴڵ‪Ζ‬ڵ‬
‫‪ￕ¹¸·¸¥²¨­²«￦§¬©§¯·Ζ￦©²¨￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڴڶ‬
‫ ‬
‫ ‪Question No. 2‬‬ ‫ ‬
‫‪ￊ©´³·­¸·￦­²￦¸¶¥²·­¸Ζ￦¦©«￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڹڵ‬
‫‪ￇ¨¨Ό￦ￊ©´³·­¸·￦±¥¨©￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڴڽ‬
‫‪ￚ³¸¥°￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڹڴ‪Ζ‬ڵ‬
‫‪ￒ©··Ό￦ ￊ©´³·­¸·￦ ¥§¯²³»°©¨«©¨￦ ¦½￦ ¸¬©￦‬‬
‫‪¦¥²¯￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڴڼ‬
‫‪ￊ©´³·­¸·￦­²￦¸¶¥²·­¸Ζ￦©²¨￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڹڶ‬
‫‪￦‬‬

‫‪￦‬‬ ‫‪Οￓ¥½￦‬ڵڷ‬ ‫‪￘©§©­´¸·￦‬‬ ‫‪ￊ­·¦Κ￦‬‬ ‫‪Ο￐¹²‬ڴڷ‬

‫‪ￛ²¥¨®¹·¸©¨￦¦¥°Ο¦¥²¯￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڹڴڶ‪Ζ‬ڵ‪￦ ЄЄ‬ڴڴڴ‪Ζ‬ڹڽڴ‪Ζ‬ڵ‪￦ Є‬ڴڴڴ‪Ζ‬ڴڴڷ‪Ζ‬ڵ‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڽڵ‪Ζ‬ڵ‬
‫‪ￊ©´³·­¸￦ ­²￦ ¸¶¥²·­¸Οￓ¥½￦‬‬
‫‪￦‬ڵڷ‬ ‫‪ϯ￦‬ڴڴڴ‪Ζ‬ڴڹڵ‪￦ Ϯ‬ڴڴڴ‪Ζ‬ڴڹڵ‬ ‫‪￦‬‬ ‫‪￦‬‬
‫ڴڷ‪￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦Ο￐¹²©￦‬‬ ‫‪￦‬‬ ‫ڴڴڴ‪Ζ‬ڴڹڶ‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڹڶ‬
‫‪ￕ¹¸·¸¥²¨­²«￦‬‬ ‫‪§¬©§¯·Ο‬‬
‫‪￦‬ڵڷ‪ￓ¥½￦‬‬ ‫‪ϯ￦‬ڴڴڴ‪Ζ‬ڴڹ‪Ϯ‬‬ ‫‪￦‬‬ ‫‪ϯ￦‬ڴڴڴ‪Ζ‬ڴڹ‪Ϯ‬‬ ‫‪￦‬‬
‫ڴڷ‪￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦Ο￐¹²©￦‬‬ ‫‪￦‬‬ ‫ڴڴڴ‪Ζ‬ڴڴڶ‬ ‫‪ϯ￦‬ڴڴڴ‪Ζ‬ڴڴڶ‪Ϯ‬‬
‫‪ￋ¶¶³²©³¹·￦¦¥²¯￦§¶©¨­¸￦‬‬ ‫‪ϯ￦‬ڴڴڴ‪Ζ‬ڴڷ‪Ϯ‬‬ ‫‪￦‬‬ ‫‪ϯ￦‬ڴڴڴ‪Ζ‬ڴڷ‪Ϯ‬‬ ‫‪￦‬‬
‫‪ￋ¶¶³²©³¹·￦¦¥²¯￦§¬¥¶«©￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڶ‬ ‫‪ϯ￦‬ڴڴڴ‪Ζ‬ڴڶ‪Ϯ‬‬ ‫‪￦‬‬ ‫‪￦‬‬
‫‪ￇ¨®¹·¸©¨￦¦¥°¥²§©·￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڹڻڵ‪Ζ‬ڵ ‪￦‬ڴڴڴ‪Ζ‬ڴڽڷ‪Ζ‬ڵ‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڹڶڷ‪Ζ‬ڵ‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڸڶ‪Ζ‬ڵ‬
‫‪ϯ￦‬ڴڴڴ‪Ζ‬ڹڻڶܩڴڴڴ‪Ζ‬ڴڶܩڴڴڴ‪Ζ‬ڴڴڼ‪ЄϮ‬‬
‫‪ϯ￦‬ڴڴڴ‪Ζ‬ڴڹܩڴڴڴ‪Ζ‬ڹڶܩڴڴڴ‪Ζ‬ڴڷܩڴڴڴ‪Ζ‬ڴڴڵ‪Ζ‬ڵ‪ЄЄϮ‬‬
‫‪￦‬‬ ‫‪￦‬‬

‫‪35‬‬
Chapter 8: Cash and Cash Equivalents

￦ ‫ڵڷ‬Οￓ¥½￦ ￘©§©­´¸·￦ ￊ­·¦Κ￦ ‫ڴڷ‬Ο￐¹²￦

ￛ²¥¨®¹·¸©¨￦¦¥°Ο¦³³¯￦ ‫ڵ‬Ζ‫ڹڽڴ‬Ζ‫ڴڴڴ‬￦ ЄЄЄ‫ڵ‬Ζ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦ ‫ڵ‬Ζ‫ڴڹڶ‬Ζ‫ڴڴڴ‬￦ ‫ڵ‬Ζ‫ڹڸڴ‬Ζ‫ڴڴڴ‬
￈¥²¯￦ ·©¶º­§©￦ §¬¥¶«©Ο
ￓ¥½￦‫ڵڷ‬￦ Ϯ‫ڹ‬Ζ‫ڴڴڴ‬ϯ￦ ￦ ￦ Ϯ‫ڹ‬Ζ‫ڴڴڴ‬ϯ￦
￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦Ο￐¹²©￦‫ڴڷ‬ ￦ ￦ ‫ڹڶ‬Ζ‫ڴڴڴ‬￦ Ϯ‫ڹڶ‬Ζ‫ڴڴڴ‬ϯ
￉ￓ￦ ª³¶￦ §³°°©§¸­³²Οￓ¥½￦
‫ڵڷ‬￦ ‫ڴڴڷ‬Ζ‫ڴڴڴ‬￦ Ϯ‫ڴڴڷ‬Ζ‫ڴڴڴ‬ϯ￦ ￦ ￦
￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦Ο￐¹²©￦‫ڴڷ‬￦ ￦ ‫ڹڻڶ‬Ζ‫ڴڴڴ‬￦ ￦ ‫ڹڻڶ‬Ζ‫ڴڴڴ‬￦
ￔ￙ￌ￦§¬©§¯·￦ª³¶￦￐¹²©￦‫ڴڷ‬￦ ￦ ￦ ‫ڴڹ‬Ζ‫ڴڴڴ‬￦ Ϯ‫ڴڹ‬Ζ‫ڴڴڴ‬ϯ
ￇ¨®¹·¸©¨￦¦¥°¥²§©·￦ ‫ڵ‬Ζ‫ڴڽڷ‬Ζ‫ڴڴڴ‬￦ ‫ڵ‬Ζ‫ڹڻڵ‬Ζ‫ڴڴڴ‬￦ ‫ڵ‬Ζ‫ڹڶڷ‬Ζ‫ڴڴڴ‬￦ ‫ڵ‬Ζ‫ڴڸڶ‬Ζ‫ڴڴڴ‬￦
ЄЄЄϮ‫ڴڴڽ‬Ζ‫ڴڴڷܩڴڴڴ‬Ζ‫ڴڴڴ‬ϯ￦

SUMMARY OF ANSWERS:
‫ڵ‬Κ￦ A ‫ڶ‬Κ￦ B ‫ڷ‬Κ￦ A ‫ڸ‬Κ￦ A ‫ڹ‬Κ￦ A


PROBLEM 8-14 Proof of Cash
￦

Question No. 2
ￕ¹¸·¸¥²¨­²«￦§¬©§¯·Ζ￦¦©«Κ￦
ￇ¨¨￦￉¬©§¯·￦­··¹©¨￦
￈³³¯￦¨­·¦Κ￦
ￒ©··￦ￊￓ￦°¥·¸￦±³￦
￦￦￦￦￦￦ￋ¶¶³¶￦°¥·¸￦±³Κ￦￉￦ￚ￦ￓ￦
￦￦ￛ²¨©¶￦³ª￦￉ￊ￦
￦￦ￕº©¶￦³ª￦￉￘￦
ￚ³¸¥°￦
ￒ©··￦§¬©§¯·￦­··¹©¨￦
￈¥²¯￦¨­·¦Κ￦
°©··￦ￊￓ￦¸¬­·￦±³￦
￦￦￦￦￦￦ￋ¶¶³¶￦°¥·¸￦±³Κ￦￉￦ￚ￦ￓ￦
￦￦ￛ²¨©¶￦³ª￦￉ￊ￦
￦￦ￋ¶¶³²©³¹·￦￈￦￉¶Οￒￓ￦
￦ￋ¶¶³²©³¹·￦￈￦￉ￎΟￚￓ￦
ￕ¹¸·¸¥²¨­²«￦§¬©§¯·Ζ￦©²¨￦
￦ ￦￦￦￦￦￦￦￦‫ڴڹڵ‬Ζ‫ڴڴڴ‬￦￦
￦ ￦
￦￦￦￦￦￦‫ڵ‬Ζ‫ڴڴڹ‬Ζ‫ڴڴڴ‬￦￦ ￦
￦￦￦￦￦￦￦￦‫ڴڵڵ‬Ζ‫ڴڴڴ‬￦￦ ￦
￦ ￦
￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦Ο￦￦￦￦ ￦
￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦Ο￦￦￦￦ ￦￦￦￦￦￦‫ڵ‬Ζ‫ڴڽڷ‬Ζ‫ڴڴڴ‬￦￦
￦ ￦￦￦￦￦￦‫ڵ‬Ζ‫ڴڸڹ‬Ζ‫ڴڴڴ‬￦￦
￦ ￦
￦￦￦￦￦￦‫ڵ‬Ζ‫ڴڴڷ‬Ζ‫ڴڴڴ‬￦￦ ￦
￦￦￦￦￦￦￦￦￦￦‫ڹڻ‬Ζ‫ڴڴڴ‬￦￦ ￦
￦ ￦
￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦Ο￦￦￦￦ ￦
￦￦￦￦￦￦￦￦￦￦‫ڹڸ‬Ζ‫ڴڴڴ‬￦￦ ￦
￦￦￦￦￦￦￦￦￦￦‫ڴڷ‬Ζ‫ڴڴڴ‬￦￦ ￦￦￦￦￦￦‫ڵ‬Ζ‫ڴڹڵ‬Ζ‫ڴڴڴ‬￦￦
￦ ￦￦￦￦￦￦￦￦‫ڴڽڷ‬Ζ‫ڴڴڴ‬￦￦

ￊ©´³·­¸·￦­²￦¸¶¥²·­¸Ζ￦¦©«￦
ￇ¨¨￦¨©´³·­¸·￦±¥¨©￦
￈³³¯￦¶©§©­´¸·￦
ￒ©··Ό￦￉ￓ￦°¥·¸￦±³²¸¬￦
￦￦￦￦￦￦ￋ¶¶³¶￦°¥·¸￦±³Κ￦￉￦ￚ￦ￓ￦
￦￦ￛ²¨©¶￦³ª￦￉￘￦Ϯ‫ڵڶ‬￑Ο‫ڶڵ‬￑ϯ￦
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￦￦￦￦￦￦‫ڵ‬Ζ‫ڴڴڷ‬Ζ‫ڴڴڴ‬￦￦ ￦
￦￦￦￦￦￦￦￦‫ڹڶڵ‬Ζ‫ڴڴڴ‬￦￦ ￦
￦ ￦
￦￦￦￦￦￦￦￦￦￦￦￦‫ڽ‬Ζ‫ڴڴڴ‬￦￦ ￦
￦ ￦￦￦￦￦￦‫ڵ‬Ζ‫ںںڵ‬Ζ‫ڴڴڴ‬￦￦
￦ ￦￦￦￦￦￦‫ڵ‬Ζ‫ںںڷ‬Ζ‫ڴڴڴ‬￦￦
36
‫‪Chapter 8: Cash and Cash Equivalents‬‬

‫‪ￒ©··Ό￦ￊ©´³·­¸·￦¥§¯²³»°©¨«©¨￦¦½￦¸¬©￦¦¥²¯￦‬‬ ‫‪￦‬‬
‫‪￈¥²¯￦¶©§©­´¸·￦‬‬ ‫‪￦‬ڴڴڴڴڴڸڵ‬ ‫‪￦‬‬
‫‪ￒ©··Ό￦￉ￓ￦¸¬­·￦±³²¸¬￦‬‬ ‫‪￦￦‬ڴڴڴ‪Ζ‬ڴڹڵ‪￦￦￦￦￦￦￦￦‬‬ ‫‪￦‬‬
‫‪￦￦￦￦￦￦ￋ¶¶³¶￦°¥·¸￦±³Κ￦￉￦ￚ￦ￓ￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬
‫‪￦￦ￛ²¨©¶￦³ª￦￉￘￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬
‫‪￦￦ￋ¶¶³²©³¹·￦￈￦￉ￎΟￒￓ￦‬‬ ‫‪￦￦‬ڴڴڴ‪Ζ‬ڴڶ‪￦￦￦￦￦￦￦￦￦￦‬‬ ‫‪￦‬‬
‫‪￦ￋ¶¶³²©³¹·￦￈￦￉¶Οￚￓ￦‬‬ ‫‪￦￦‬ڴڴڴ‪Ζ‬ڻڵ‪￦￦￦￦￦￦￦￦￦￦‬‬ ‫‪￦￦‬ڴڴڴ‪Ζ‬ڷڵڶ‪Ζ‬ڵ‪￦￦￦￦￦￦‬‬
‫‪ￊ©´³·­¸·￦­²￦¸¶¥²·­¸Ζ￦©²¨￦‬‬ ‫‪￦‬‬ ‫‪￦￦‬ڴڴڴ‪Ζ‬ڷڹڵ‪￦￦￦￦￦￦￦￦‬‬
‫ ‬
‫ ‪BANK‬‬ ‫‪Οￓ¥½￦‬ڵڷ‬ ‫‪￘©§©­´¸·￦‬‬ ‫‪ￊ­·¦Κ￦‬‬ ‫‪Ο￐¹²￦‬ڴڷ‬
‫‪ￛ²¥¨®¹·¸©¨￦¦¥°Ο¦¥²¯￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڴڸ‪Ζ‬ڵ ‪￦‬ڴڴڴ‪Ζ‬ڴڹڶ‪Ζ‬ڵ‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڹڷ‪Ζ‬ڵ ‪￦‬ڴڴڴ‪Ζ‬ڴڴڷ‪Ζ‬ڵ‬
‫ڵڷ‪ￊ©´³·­¸￦­²￦¸¶¥²·­¸Οￓ¥½￦‬‬ ‫‪ϯ‬ڴڴڴ‪Ζ‬ڴڴڶ‪￦ Ϯ‬ڴڴڴ‪Ζ‬ڴڴڶ‬ ‫‪￦‬‬
‫‪￦‬ڴڷ‪￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦Ο￐¹²©￦‬‬ ‫‪￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڷڹڵ‬ ‫‪￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڷڹڵ‬
‫‪￦‬ڵڷ‪ￕ¹¸·¸¥²¨­²«￦§¬©§¯·Οￓ¥½￦‬‬ ‫‪ϯ￦‬ڴڴڴ‪Ζ‬ڴڹڵ‪Ϯ‬‬ ‫‪￦‬‬ ‫‪ϯ￦‬ڴڴڴ‪Ζ‬ڴڹڵ‪Ϯ‬‬ ‫‪￦‬‬
‫ڴڷ‪￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦Ο￐¹²©￦‬‬ ‫‪￦‬‬ ‫‪ϯ￦‬ڴڴڴ‪Ζ‬ڴڽڷ‪ Ϯ‬ڴڴڴ‪Ζ‬ڴڽڷ‬
‫‪ￋ¶¶³²©³¹·￦¦¥²¯￦§¶©¨­¸Οￓ¥½￦‬‬
‫‪￦‬ڵڷ‬ ‫‪ϯ￦‬ڴڴڴ‪Ζ‬ڹڸ‪Ϯ‬‬ ‫‪￦‬‬ ‫‪ϯ￦‬ڴڴڴ‪Ζ‬ڹڸ‪Ϯ‬‬ ‫‪￦‬‬
‫ڴڷ‪￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦Ο￐¹²©￦‬‬ ‫‪￦‬‬ ‫‪ϯ‬ڴڴڴ‪Ζ‬ڻڵ‪Ϯ‬‬ ‫‪ϯ￦‬ڴڴڴ‪Ζ‬ڻڵ‪Ϯ‬‬
‫‪ￋ¶¶³²©³¹·￦¦¥²¯￦§¬¥¶«©Ο‬‬
‫‪￦‬ڵڷ‪ￓ¥½￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڶ‬ ‫‪ϯ￦‬ڴڴڴ‪Ζ‬ڴڶ‪Ϯ‬‬ ‫‪￦‬‬ ‫‪￦‬‬
‫‪￦‬ڴڷ‪￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦Ο￐¹²©￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪ϯ￦‬ڴڴڴ‪Ζ‬ڴڷ‪Ϯ‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڷ‬
‫‪ￇ¨®¹·¸©¨￦¦¥°¥²§©·￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڹڻڶ‪Ζ‬ڵ‬ ‫‪￦‬ڴڴڴ‪Ζ‬ںڶڵ‪Ζ‬ڵ ڴڴڴ‪Ζ‬ڹںڸ‪Ζ‬ڵ ڴڴڴ‪Ζ‬ںڵڷ‪Ζ‬ڵ‬
‫ ‪BOOK‬‬ ‫‪Οￓ¥½￦‬ڵڷ‬ ‫‪￘©§©­´¸·￦‬‬ ‫‪ￊ­·¦Κ￦‬‬ ‫‪Ο￐¹²￦‬ڴڷ‬
‫‪ￛ²¥¨®¹·¸©¨￦¦¥°Ο¦³³¯￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڵڹڶ‪Ζ‬ڵ‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڵڹڴ‪Ζ‬ڵ ‪￦ 1,500,000‬ڴڴڴ‪Ζ‬ڴڴڷ‪Ζ‬ڵ‬
‫ڵڷ‪ￔ￙ￌΟￓ¥½￦‬‬ ‫‪ϯ￦‬ڴڴڴ‪Ζ‬ڴڵڵ‪Ϯ‬‬ ‫‪ϯ‬ڴڴڴ‪Ζ‬ڴڵڵ‪Ϯ‬‬ ‫‪￦‬‬
‫‪￦‬ڴڷ‪￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦Ο￐¹²©￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪ϯ￦‬ڴڴڴ‪Ζ‬ڹڻ‪￦ Ϯ‬ڴڴڴ‪Ζ‬ڹڻ‬
‫‪￦‬ڵڷ‪￉ￓ￦ª³¶￦§³°°©§¸­³²Οￓ¥½￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڹڶڵ‬ ‫‪ϯ￦‬ڴڴڴ‪Ζ‬ڹڶڵ‪Ϯ‬‬ ‫‪￦‬‬ ‫‪￦‬‬
‫ڴڷ‪￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦Ο￐¹²©￦‬‬ ‫‪￦‬‬ ‫ڴڴڴ‪Ζ‬ڴڹڵ‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڹڵ‬
‫‪ￛ²¨©¶￦³ª￦￉￘Οￓ¥½￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڽ‬ ‫‪ϯ￦‬ڴڴڴ‪Ζ‬ڽ‪Ϯ‬‬ ‫‪￦‬‬ ‫‪￦‬‬
‫‪ￇ¨®¹·¸©¨￦¦¥°¥²§©·￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڹڻڶ‪Ζ‬ڵ‬ ‫‪￦‬ڴڴڴ‪Ζ‬ںڶڵ‪Ζ‬ڵ ‪￦‬ڴڴڴ‪Ζ‬ڹںڸ‪Ζ‬ڵ ‪￦‬ڴڴڴ‪Ζ‬ںڵڷ‪Ζ‬ڵ‬
‫‪￦‬‬

‫ ‪SUMMARY OF ANSWERS:‬‬
‫ ‪Κ￦ C‬ڵ‬ ‫ ‪Κ￦ D‬ڶ‬ ‫ ‪Κ￦ C‬ڷ‬ ‫‪Κ￦‬ڸ‬ ‫ ‪D‬‬ ‫‪Κ￦‬ڹ‬ ‫ ‪A‬‬ ‫‪Κ￦‬ں‬ ‫ ‪D‬‬
‫ ‬
‫ ‬
‫ ‪PROBLEM 8-15 Proof of Cash‬‬
‫ ‪Question No. 1‬‬
‫‪￦‬ڵ‪ϑ‬ڻ‪￈©«Κ￦￈¥°ΚΖ￦‬‬ ‫‪￦‬ڸڼڷ‪Ζ‬ڼڶڵ‪ￖ￦￦￦‬‬
‫‪ￇ¨¨Ό￦￉¥·¬￦¶©§©­´¸·￦ª³¶￦￐¹°½￦‬‬ ‫‪￦‬ڼڹڼ‪Ζ‬ڸںڷ‪Ζ‬ڵ‬
‫‪￦￦￦￦￦￦￦￦￦￦￉¥·¬￦¶©§©­´¸·￦ª³¶￦ￇ¹«Κ￦‬‬ ‫‪￦‬ڸڸڻ‪Ζ‬ڽڷڼ‪Ζ‬ڵ‪￦￦‬‬
‫‪ￚ³¸¥°￦‬‬ ‫‪￦‬ںڼڽ‪Ζ‬ڶڷڷ‪Ζ‬ڷ‪ￖ‬‬
‫‪ￒ©··Ό￦￉¥·¬￦¨­·¦¹¶·©±©²¸￦ª³¶￦￐¹°½￦‬‬ ‫‪￦‬ڶڼڼ‪Ζ‬ڴڷڷ‪Ζ‬ڵ‪￦‬‬
‫‪￦￦￦￦￦￦￦￦￦￦￦￉¥·¬￦¨­·¦¹¶·©±©²¸￦ª³¶￦ￇ¹«Κ￦‬‬ ‫‪￦‬ڶڽڼ‪Ζ‬ڶڵڻ‪Ζ‬ڵ‪￦‬‬
‫‪￦￦￦￦￦￦￦￦￦￦￦￈¥²¯￦¶©§³²§­°­¥¸­³²￦­¸©±￦‬‬ ‫‪￦‬ڴڹڻ‪￦￦￦￦￦￦￦￦￦￦￦￦￦￦‬‬
‫‪ￛ²¥¨®¹·¸©¨￦¦¥°¥²§©￦‬‬ ‫ ‪P 288,462‬‬
‫‪37‬‬
Chapter 8: Cash and Cash Equivalents

Question No. 2
ￕ¹¸·¸¥²¨­²«￦§¬©§¯Ζ￦ￇ¹«Κ￦‫ڵڷ‬￦ ￦ ￖ￦￦￦￦￦‫ڻں‬Ζ‫ڶڶڵ‬￦
ￇ¨¨Ό￦￉¬©§¯·￦´¥­¨￦¦½￦¸¬©￦¦¥²¯￦ ￦ ￦
￦￦￦￦￦￈¥²¯￦¨©¦­¸·￦©¼§©´¸￦·©¶ºΚ￦§¬¥¶«©￦ ￖ‫ڵ‬Ζ‫ڶڴڻ‬Ζ‫ڴڷڼ‬￦￦ ￦
￦￦￦￦￦ￒ©··Ό￦ￋ¶¶³²©³¹·￦¦¥²¯￦§¬¥¶«©￦ ￦￦￦￦￦￦￦￦￦‫ڵ‬Ζ‫ںںڵ‬￦￦ ￦
￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦ￊￓ￦³²￦ￏ²¸©¶©·¸￦³²￦²³¸©￦ ￦￦￦￦￦￦￦￦￦‫ڸ‬Ζ‫ڴڹڽ‬￦￦ ￦￦‫ڵ‬Ζ‫ںڽں‬Ζ‫ڸڵڻ‬￦
ￚ³¸¥°￦ ￦ ￖ‫ڵ‬Ζ‫ڷںڻ‬Ζ‫ںڷڼ‬￦
ￒ©··Ό￦￉¬©§¯·￦­··¹©¨￦¦½￦¸¬©￦§³±´¥²½￦ ￦ ￦
￦￦￦￦￦￦￦￦￦¸¬­·￦ￇ¹«¹·¸￦ ￦ ￦￦‫ڵ‬Ζ‫ڶڵڻ‬Ζ‫ڶڽڼ‬￦
ￕ¹¸·¸¥²¨­²«￦§¬©§¯Ζ￦￐¹°½￦‫ڵڷ‬￦ ￦ P 50,944
￦
Questions No 3 to 5
BANK 31-Jul Receipts Disb. Aug. 31
ￛ²¥¨®¹·¸©¨￦¦¥°¥²§©·￦ ‫ڴڼڵ‬Ζ‫ڴڹڶ‬￦ ‫ڵ‬Ζ‫ڴڷڼ‬Ζ‫ڶڹڻ‬￦ Є‫ڵ‬Ζ‫ڶڴڻ‬Ζ‫ڼڵڽ‬ ‫ڼڴڷ‬Ζ‫ڸڼڴ‬￦
ￕ¹¸·¸¥²¨­²«￦￦§¬©§¯·￦ ￦ ￦ ￦ ￦
￦￦￦￐¹°½￦‫ڵڷ‬￦ Ϯ￦￦‫ڴڹ‬Ζ‫ڸڸڽ‬ϯ￦ ￦ Ϯ￦￦￦‫ڴڹ‬Ζ‫ڸڸڽ‬ϯ￦ ￦
￦￦￦ￇ¹«¹·¸￦‫ڵڷ‬￦ ￦ ￦ ‫ڻں‬Ζ‫ڶڶڵ‬ Ϯ￦￦‫ڻں‬Ζ‫ڶڶڵ‬ϯ￦
ￊ©´³·­¸￦­²￦¸¶¥²·­¸￦ ￦ ￦ ￦ ￦
￦￦￦￐¹°½￦‫ڵڷ‬￦ ‫ڶڷ‬Ζ‫ڸڸڼ‬￦ Ϯ￦￦￦‫ڶڷ‬Ζ‫ڸڸڼ‬ϯ￦ ￦ ￦
￦￦￦ￇ¹«¹·¸￦‫ڵڷ‬￦ ￦ ‫ڵڸ‬Ζ‫ںڷڼ‬￦ ￦ ￦‫ڵڸ‬Ζ‫ںڷڼ‬￦
ￋ¶¶³²©³¹·￦¦¥²¯￦￦§¬¥¶«©￦ ￦￦￦￦￦￦￦￦￦￦￦￦￦￦Ο￦ ￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦Ο￦ Ϯ￦￦￦￦￦‫ڵ‬Ζ‫ںںڵ‬ϯ ￦￦￦￦￦￦‫ڵ‬Ζ‫ںںڵ‬￦
ￇ¨®¹·¸©¨￦￦￈¥°¥²§©·￦￦￦ ‫ڶںڵ‬Ζ‫ڴڹڵ‬￦ ‫ڵ‬Ζ‫ڽڷڼ‬Ζ‫ڸڸڻ‬￦ ‫ڵ‬Ζ‫ڻڵڻ‬Ζ‫ڴڷڽ‬￦ ￦‫ڷڼڶ‬Ζ‫ڸںڽ‬￦
ϮЄ‫ڵ‬Ζ‫ڶڴڻ‬Ζ‫ڴڷڼ‬￦‫ܩ‬￦‫ڼڼ‬ϯ￦
￦
BOOK 31-Jul Receipts Disb. Aug. 31
ￛ²¥¨®¹·¸©¨￦¦¥°¥²§©·￦ ￖ‫ڶںڵ‬Ζ‫ڴںڷ‬￦ ￖ‫ڵ‬Ζ‫ڽڷڼ‬Ζ‫ڸڸڻ‬￦ ЄЄￖ‫ڵ‬Ζ‫ڷڵڻ‬Ζ‫ڶڸں‬￦ ￖ‫ڼڼڶ‬Ζ‫ڶںڸ‬￦
ￋ¶¶³¶￦ ­²￦ ¶©§³¶¨­²«￦ §¬©§¯￦
²³Κ￦ ‫ںڵڶ‬￦ ¸¥¯©²￦ ¹´￦ ¥·￦
ￖ‫ڵ‬Ζ‫ڴڷڽ‬￦ ¦¹¸￦ ·¬³¹°¨￦ ¦©￦
ￖ‫ڵ‬Ζ‫ڴڽڷ‬￦Ϯ‫ڵ‬Ζ‫ڴڷڽ‬Ο‫ڵ‬Ζ‫ڴڽڷ‬ϯ￦￦ ‫ڴڸڹ‬￦ ￦ ￦ ‫ڴڸڹ‬￦
ￊￓ￦ª³¶￦­²¸Κ￦³²￦²³¸©￦ ￦ ￦ ‫ڸ‬Ζ‫ڴڹڽ‬￦ Ϯ￦￦￦￦￦‫ڸ‬Ζ‫ڴڹڽ‬ϯ￦
￈¥²¯￦·©¶º­§©￦§¬¥¶«©￦ ￦ ￦ ￦ ￦
￦￦￐¹°½￦‫ڵڷ‬￦ Ϯ￦￦￦￦￦￦￦￦￦￦‫ڶڹ‬ϯ￦ ￦ Ϯ￦￦￦￦￦￦￦￦￦￦‫ڶڹ‬ϯ￦ ￦
￦￦ￇ¹«¹·¸￦‫ڵڷ‬￦ ‫ڼڼ‬ Ϯ￦￦￦￦￦￦￦￦￦￦‫ڼڼ‬ϯ￦
ￔ￙ￌ￦ª³¶￦￐¹°½￦‫ڵڷ‬￦ Ϯ￦￦￦￦￦￦￦￦‫ڼڽں‬ϯ￦ ￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦Ο￦ Ϯ￦￦￦￦￦￦￦￦￦‫ڼڽں‬ϯ￦ ￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦Ο￦
ￇ¨®¹·¸©¨￦¦¥°¥²§©·￦ P162,150 ￖ‫ڵ‬Ζ‫ڽڷڼ‬Ζ‫ڸڸڻ‬￦ P1,717,930 P283,964
ЄЄϮ‫ڵ‬Ζ‫ڶڵڻ‬Ζ‫ڴڹڻܩڶڽڼ‬ϯ￦

SUMMARY OF ANSWERS:
‫ڵ‬Κ￦ A ‫ڶ‬Κ￦ C ‫ڷ‬Κ￦ A ‫ڸ‬Κ￦ B ‫ڹ‬Κ￦ A

38
Chapter 8: Cash and Cash Equivalents

PROBLEM 8-16 Proof of Cash

Question No 1
ￕ¹¸·¸¥²¨­²«￦§¬©§¯￦
￉¬©§¯￦ￔ³·Κ￦ ‫ڸڸڵ‬￦ ￖ￦￦￦￦￦￦‫ڵ‬Ζ‫ڴڴڹ‬￦
￦ ‫ڽڸڵ‬￦ ‫ڴڴڼ‬￦
￦ ‫ڴڹڵ‬￦ ￦￦￦￦￦‫ڶڵ‬Ζ‫ڴڴڴ‬￦
ￚ³¸¥°￦ ￦ P 14,300
￦

ￇ°¸©¶²¥¸­º©°½Ζ￦­¸￦±¥½￦¥°·³￦¦©￦§³±´¹¸©¨￦¥·￦ª³°°³»·Ό￦
ￕ¹¸·¸¥²¨­²«￦§¬©§¯Ζ￦¦©«￦ ￦ ￖ￦￦￦￦￦‫ڻ‬Ζ‫ڴڴڴ‬￦
ￇ¨¨Ό￦￉¬©§¯·￦­··¹©¨￦ ‫ڹڻ‬Ζ‫ڴڴڴ‬￦ ￦
￦￦￦￦￦￦￦￦￦ￒ©··Ό￦ ³º©¶ª³³¸­²«￦³ª￦ §¬©§¯￦ ²³Κ￦ ‫ڽڸڵ‬￦
Ϯ‫ڼ‬Ζ‫ڴڴڴ‬Ο‫ڴڴڼ‬ϯ￦ ‫ڻ‬Ζ‫ڴڴڶ‬￦ ￦￦￦￦￦‫ڻں‬Ζ‫ڴڴڼ‬￦
ￚ³¸¥°￦ ￦ ￖ￦￦￦‫ڸڻ‬Ζ‫ڴڴڼ‬￦
ￒ©··Ό￦￉¬©§¯·￦´¥­¨￦¦½￦¸¬©￦¦¥²¯￦ ￦
￈¥²¯￦ￊ©¦­¸·￦ ￖ￦‫ڷڵڵ‬Ζ‫ڴڴڴ‬￦￦ ￦
ￒ©··Ό￦￦ￊￓ￦ª³¶￦¸¬­·￦±³²¸¬￦ ￦ ￦
￦￦￦￦￦￦￦￦ￔ￙ￌ￦§¬©§¯·￦Ϯ‫ڴڵ‬Ζ‫ڴڸܩڴڴڴ‬Ζ‫ڴڴڴ‬ϯ￦ ￦￦￦￦￦‫ڴڹ‬Ζ‫ڴڴڴ‬￦￦ ￦
￦￦￦￦￦￦￦￦￈¥²¯￦·©¶º­§©￦§¬¥¶«©￦ ￦￦￦￦￦￦‫ڶ‬Ζ‫ڴڴڴ‬￦ ￦
￦￦￦￦￦￦￦￦ￋ¶¶³¶￦￉³¶¶©§¸­³²￦ ￦￦￦￦￦￦￦￦￦￦‫ڴڴڹ‬￦￦ ￦￦￦￦￦‫ڴں‬Ζ‫ڴڴڹ‬￦
ￕ¹¸·¸¥²¨­²«￦§¬©§¯·Ζ￦©²¨￦ ￦ P 14,300
￦

Question No 2
ￛ²¥¨®¹·¸©¨￦¶©§Κ￦´©¶￦¦¥²¯￦￦ ￖ￦‫ڵڻڵ‬Ζ‫ڴڴڹ‬￦
ￊ©´³·­¸￦­²￦¸¶¥²·­¸Ό￦ ￦
￦￦￦￦ￔ³º©±¦©¶￦‫ڴڷ‬￦ Ϯ‫ڵڵ‬Ζ‫ڴڴڴ‬ϯ￦
￦￦￦￦ￊ©§©±¦©¶￦‫ڵڷ‬￦ ￦‫ڼڵ‬Ζ‫ڴڴڶ‬￦
ￋ¶¶³¶￦§³¶¶©§¸­³²￦ Ϯ‫ڴڴڹ‬ϯ￦
ￔ￙ￌ￦§¬©§¯Ζ￦²³￦©²¸¶½￦³²￦¸¬©￦¦³³¯·￦»¬©²￦¶©¸¹¶²©¨￦ ￦
￦￦¥²¨￦¶©¨©´³·­¸©¨￦ Ϯ￦￦￦‫ڴڸ‬Ζ‫ڴڴڴ‬ϯ￦
ￇ¨®¹·¸©¨￦¦¥°¥²§©￦ P 138,200
￦

Question No 3
ￛ²¥¨®¹·¸©¨￦¨­·¦¹¶·©±©²¸Ζ￦´©¶￦¦¥²¯￦￦ ￖ￦‫ڷڵڵ‬Ζ‫ڴڴڴ‬￦
ￕ¹¸·¸¥²¨­²«￦§¬©§¯·￦ ￦
￦￦ￔ³º©±¦©¶￦‫ڴڷ‬￦ Ϯ‫ڻ‬Ζ‫ڴڴڴ‬ϯ￦
￦￦ￊ©§©±¦©¶￦‫ڵڷ‬￦ ‫ڸڵ‬Ζ‫ڴڴڷ‬￦
ￋ¶¶³¶￦§³¶¶©§¸­³²￦ Ϯ‫ڴڴڹ‬ϯ￦
ￔ￙ￌ￦§¬©§¯Ζ￦²³￦©²¸¶½￦³²￦¸¬©￦￦ ￦
￦￦¦³³¯·￦³²￦¸¬©￦¶©¸¹¶²©¨￦¥²¨￦¶©¨©´³·­¸￦ Ϯ￦￦‫ڴڸ‬Ζ‫ڴڴڴ‬ϯ￦
ￇ¨®¹·¸©¨￦¦¥°¥²§©￦ P 79,800
￦

39
‫‪Chapter 8: Cash and Cash Equivalents‬‬

‫ ‪Question No 4‬‬
‫‪ￛ²¥¨®¹·¸©¨￦¦¥²¯￦¦¥°Κ￦‬‬ ‫‪￦‬ڴڴڹ‪Ζ‬ڻڶڵ‪ￖ￦‬‬
‫‪ￊ©´³·­¸￦­²￦¸¶¥²·­¸￦‬‬ ‫‪￦‬‬
‫‪￦‬ڴڷ‪￦￦￦￦ￔ³º©±¦©¶￦‬‬ ‫‪￦‬‬
‫‪￦‬ڵڷ‪￦￦￦￦ￊ©§©±¦©¶￦‬‬ ‫‪￦‬ڴڴڶ‪Ζ‬ڼڵ‬
‫‪ￕ¹¸·¸¥²¨­²«￦§¬©§¯·￦‬‬ ‫‪￦‬‬
‫‪￦‬ڴڷ‪￦￦￦￦ￔ³º©±¦©¶￦‬‬ ‫‪￦‬‬
‫‪￦‬ڵڷ‪￦￦￦￦ￊ©§©±¦©¶￦‬‬ ‫‪ϯ￦‬ڴڴڷ‪Ζ‬ڸڵ‪Ϯ￦￦￦‬‬
‫‪ￇ¨®¹·¸©¨￦¦¥°Κ￦‬‬ ‫ ‪P131,400‬‬
‫‪￦‬‬

‫ ‪Question No 5‬‬
‫‪￦­·￦¸¬©￦·¥±©Κ￦‬ڵڷ‪ZeroΖ￦¥¨®¹·¸©¨￦¦¥²¯￦¥²¨￦¦³³¯￦¦¥°¥²§©￦³²￦ￊ©§©±¦©¶￦‬‬
‫‪￦‬‬
‫ ‪PROOF OF CASH‬‬
‫ ‬ ‫ ‪Nov. 30‬‬ ‫ ‪Receipts‬‬ ‫ ‪Disb.‬‬ ‫ ‪Dec. 31‬‬
‫‪ￛ²¥¨®¹·¸©¨￦bank￦¦¥°¥²§©￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڽں‪￦‬‬ ‫‪￦‬ڴڴڹ‪Ζ‬ڵڻڵ‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڷڵڵ‪￦‬‬ ‫‪￦‬ڴڴڹ‪Ζ‬ڻڶڵ‪Є‬‬
‫‪ￊ©´³·­¸￦­²￦¸¶¥²·­¸￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬
‫‪￦‬ڴڷ‪￦￦￦￦ￔ³º©±¦©¶￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڵڵ‬ ‫‪ϯ￦‬ڴڴڴ‪Ζ‬ڵڵ‪Ϯ‬‬ ‫‪￦‬‬ ‫‪￦‬‬
‫‪￦‬ڵڷ‪￦￦￦￦ￊ©§©±¦©¶￦‬‬ ‫‪￦‬‬ ‫‪￦‬ڴڴڶ‪Ζ‬ڼڵ‪Є‬‬ ‫‪￦‬‬ ‫‪￦‬ڴڴڶ‪Ζ‬ڼڵ‬
‫‪ￕ¹¸·¸¥²¨­²«￦§¬©§¯·￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬
‫‪￦‬ڴڷ‪￦￦￦￦ￔ³º©±¦©¶￦‬‬ ‫‪ϯ￦‬ڴڴڴ‪Ζ‬ڻ‪￦Ϯ‬‬ ‫‪￦‬‬ ‫‪ϯ￦‬ڴڴڴ‪Ζ‬ڻ‪Ϯ‬‬ ‫‪￦‬‬
‫‪￦‬ڵڷ‪￦￦￦￦ￊ©§©±¦©¶￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬ڴڴڷ‪Ζ‬ڸڵ‬ ‫‪ϯ￦‬ڴڴڷ‪Ζ‬ڸڵ‪Ϯ‬‬
‫‪ￋ¶¶³¶￦§³¶¶©§¸­³²￦‬‬ ‫‪￦‬‬ ‫‪ϯ￦‬ڴڴڹ‪￦Ϯ‬‬ ‫‪ϯ￦‬ڴڴڹ‪￦Ϯ‬‬ ‫‪￦‬‬
‫‪ￔ￙ￌ￦ §¬©§¯Ζ￦ ²³￦ ©²¸¶½￦ ³²￦¸¬©￦‬‬
‫‪¦³³¯·￦ ³²￦ ¸¬©￦ ¶©¸¹¶²￦ ¥²¨￦‬‬
‫‪¶©¨©´³·­¸￦‬‬ ‫‪￦‬‬ ‫‪ϯ￦‬ڴڴڴ‪Ζ‬ڴڸ‪Ϯ‬‬ ‫‪ϯ￦‬ڴڴڴ‪Ζ‬ڴڸ‪￦Ϯ‬‬ ‫‪￦‬‬
‫‪ￇ¨®¹·¸©¨￦¦¥°Κ￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڷڻ‬ ‫‪￦‬ڴڴڶ‪Ζ‬ڼڷڵ‬ ‫‪￦‬ڴڴڼ‪Ζ‬ڽڻ‬ ‫‪￦‬ڴڴڸ‪Ζ‬ڵڷڵ‬
‫‪ϯ￦‬ڴڴڴ‪Ζ‬ڷڵڵ‪Ο‬ڴڴڹ‪Ζ‬ڵڻڵܩڴڴڴ‪Ζ‬ڽں‪Є￦Ϯ‬‬ ‫‪￦‬‬
‫‪ϯ￦‬ڴڴڴ‪Ζ‬ڶܩڴڴڴ‪Ζ‬ڼڵ‪ЄЄ￦Ϯ‬‬ ‫‪￦‬‬
‫ ‬ ‫ ‪Nov. 30‬‬ ‫ ‪Receipts‬‬ ‫ ‪Disb.‬‬ ‫ ‪Dec. 31‬‬
‫‪ￛ²¥¨®¹·¸©¨￦book ¦¥°¥²§©￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ںں‬ ‫‪￦‬ڴڴڼ‪Ζ‬ڷڵڵ‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڹڼ‬ ‫‪￦‬ڴڴڼ‪Ζ‬ڸڽ‬
‫‪ￕº©¶ª³³¸­²«￦‬‬ ‫‪³ª￦‬‬ ‫‪§¥·¬￦‬‬
‫‪ϯ￦‬ڴڴڶ‪Ο‬ڴڴڴ‪Ζ‬ڶ‪¶©§©­´¸·￦Ϯ‬‬ ‫‪￦‬‬ ‫‪ϯ￦‬ڴڴڼ‪Ζ‬ڵ‪Ϯ‬‬ ‫‪￦‬‬ ‫‪ϯ￦‬ڴڴڼ‪Ζ‬ڵ‪Ϯ‬‬
‫‪ￕº©¶ª³³¸­²«￦‬‬ ‫‪³ª￦‬‬ ‫‪§¥·¬￦‬‬
‫‪ϯ￦‬ڴڴڼ‪Ο‬ڴڴڴ‪Ζ‬ڼ‪¨­·¦¹¶·©±©²¸·￦Ϯ‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪ϯ￦‬ڴڴڶ‪Ζ‬ڻ‪Ϯ‬‬ ‫‪￦‬ڴڴڶ‪Ζ‬ڻ‬
‫‪￉¶©¨­¸￦ ±©±³￦ ª³¶￦ ²³¸©￦‬‬
‫‪§³°°©§¸©¨￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬
‫‪￦‬ڴڷ‪￦￦￦￦ￔ³º©±¦©¶￦‬‬ ‫‪￦‬ڴڴڼ‪Ζ‬ڼ‬ ‫‪ϯ￦‬ڴڴڼ‪Ζ‬ڼ‪￦Ϯ‬‬ ‫‪￦‬‬ ‫‪￦‬‬
‫‪￦‬ڵڷ‪￦￦￦￦ￊ©§©±¦©¶￦‬‬ ‫‪￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڹڷ‬ ‫‪￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڹڷ‬
‫‪￈¥²¯￦·©¶º­§©￦§¬¥¶«©￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬
‫‪￦‬ڴڷ‪￦￦￦￦ￔ³º©±¦©¶￦‬‬ ‫‪ϯ￦‬ڴڴڼ‪Ζ‬ڵ‪￦Ϯ‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪ϯ￦‬ڴڴڼ‪Ζ‬ڵ‪￦Ϯ‬‬
‫‪￦‬ڵڷ‪￦￦￦￦ￊ©§©±¦©¶￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڶ‬ ‫‪ϯ￦‬ڴڴڴ‪Ζ‬ڶ‪￦Ϯ‬‬
‫‪ￇ¨®¹·¸©¨￦¦¥°Κ￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڷڻ‬ ‫‪￦‬ڴڴڶ‪Ζ‬ڼڷڵ‬ ‫‪￦‬ڴڴڼ‪Ζ‬ڽڻ‬ ‫‪￦‬ڴڴڸ‪Ζ‬ڵڷڵ‬
‫‪￦‬‬

‫‪40‬‬
Chapter 8: Cash and Cash Equivalents

SUMMARY OF ANSWERS:
‫ڵ‬Κ￦ C ‫ڶ‬Κ￦ D ‫ڷ‬Κ￦ C ‫ڸ‬Κ￦ D ‫ڹ‬Κ￦ A


PROBLEM 8-17 Proof of Cash
Question No. 1
ￕ¹¸·¸¥²¨­²«￦§¬©§¯·Ζ￦¦©«￦ ￦ ￖ￦￦‫ںڵ‬Ζ‫ڴڹڶ‬￦￦
ￇ¨¨Ό￦￉¬©§¯·￦­··¹©¨￦¸¬­·￦±³²¸¬￦ ￦ ￦
￈³³¯￦¨­·¦¹¶·©±©²¸·￦Ϯ·µ¹©©¾©ϯ￦ P128,750 ￦
ￒ©··Ό￦ￊￓ￦¶©§³¶¨©¨￦¸¬­·￦±³²¸¬￦ ￦￦￦￦￦￦‫ڶ‬Ζ‫ڴڴڹ‬￦ ￦￦‫ںڶڵ‬Ζ‫ڴڹڶ‬￦￦
ￚ³¸¥°￦ ￦ ￦‫ڶڸڵ‬Ζ‫ڴڴڹ‬￦￦
ￒ©··Ό￦￉¬©§¯·￦´¥­¨￦¦½￦¸¬©￦¦¥²¯￦ ￖ￦‫ڷڷڵ‬Ζ‫ڴڹڻ‬￦￦ ￦
￦￦￦￦￦￦￦￦￦ￋ¶¶³²©³¹·￦¦¥²¯￦§¬¥¶«©￦ ￦￦￦￦￦￦‫ڷ‬Ζ‫ڴڹڻ‬￦ ￦￦￦‫ڴڷڵ‬Ζ‫ڴڴڴ‬￦￦
ￕ¹¸·¸¥²¨­²«￦§¬©§¯·Ζ￦©²¨￦ ￦ ￖ￦￦￦‫ڶڵ‬Ζ‫ڴڴڹ‬￦￦
￦
Question No. 2
ￊ©´³·­¸￦­²￦¸¶¥²·­¸Ζ￦¦©«￦ ￖ￦￦￦‫ڶڵ‬Ζ‫ڴڴڹ‬￦￦
ￇ¨¨Ό￦ￊ©´³·­¸·￦±¥¨©￦¦½￦¸¬©￦§³±´¥²½￦ ￦￦￦‫ڶڹڵ‬Ζ‫ڴڴڹ‬￦￦
ￚ³¸¥°￦ ￦‫ڹںڵ‬Ζ‫ڴڴڴ‬￦￦
ￒ©··Ό￦ￊ©´³·­¸·￦¥§¯²³»°©¨«©¨￦¦½￦¸¬©￦¦¥²¯￦ ￦￦￦‫ڹڸڵ‬Ζ‫ڴڴڴ‬￦￦
ￊ©´³·­¸￦­²￦¸¶¥²·­¸Ζ￦©²¨￦ P 20,000
￦
Question No. 3
ￛ²¥¨®¹·¸©¨￦§¥·¬￦­²￦¦¥²¯￦¦¥°¥²§©￦´©¶￦°©¨«©¶￦ ￦ￖ￦￦‫ڻڷ‬Ζ‫ڴڴڹ‬￦￦
ￇ¨¨Ό￦ￛ²¨©¶Οª³³¸­²«￦³ª￦§¥·¬￦¶©§©­´¸·￦ ￦￦￦￦￦￦‫ڶ‬Ζ‫ڴڴڹ‬￦￦
ￚ³¸¥°￦ ￦￦￦‫ڴڸ‬Ζ‫ڴڴڴ‬￦￦
ￒ©··Ό￦ￛ²¶©§³¶¨©¨￦¦¥²¯￦·©¶º­§©￦§¬¥¶«©·￦ ￦
￦￦￦￦￦￦￦Ϯ‫ڷ‬Ζ‫ڴڹڶ‬￦‫ڵܩ‬Ζ‫ڴڴڹ‬Ο‫ڶ‬Ζ‫ڴڴڹ‬ϯ￦ ￦￦￦￦￦￦‫ڶ‬Ζ‫ڴڹڶ‬￦￦
ￇ¨®¹·¸©¨￦§¥·¬￦­²￦¦¥²¯￦¦¥°¥²§©Ζ￦‫ڶڵ‬ϑ‫ڵڷ‬￦ P 37,750
￦
Question No. 4
￈¥²¯￦·©¶º­§©￦§¬¥¶«©·￦´©¶￦￦
￦￦￦￦¦¥²¯￦·¸¥¸©±©²¸￦­²￦ￊ©§©±¦©¶￦ ￦ ￖ￦￦￦￦‫ڷ‬Ζ‫ڴڹڶ‬￦
ￒ©··Ό￦￈¥²¯￦·©¶º­§©￦§¬¥¶«©￦­²￦ￊ©§©±¦©¶￦ ￦ ￦
￦￦￦￦￦￦¶©§³¶¨©¨￦­²￦ￊ©§©±¦©¶￦ ￦ ￦
￦￦ￚ³¸¥°￦￈￙￉￦¶©§³¶¨©¨￦­²￦¸¬©￦¦³³¯·￦ￊ©§￦ ￖ￦￦￦‫ڶ‬Ζ‫ڴڴڹ‬￦ ￦
￦￦ￒ©··Ό￦￈￙￉￦­²￦ￔ³ºΚ￦¶©§³¶¨©¨￦­²￦ￊ©§Κ￦ ￦￦￦￦￦‫ڵ‬Ζ‫ڴڴڹ‬￦￦ ￦￦￦￦￦￦‫ڵ‬Ζ‫ڴڴڴ‬￦￦
ￛ²¶©§³¶¨©¨￦￈￙￉￦§¬¥¶«©￦­²￦ￊ©§©±¦©¶￦ ￦ P 2,250
￦
Question No. 5
ￛ²¥¨®¹·¸©¨￦§¥·¬￦­²￦¦¥²¯Ζ￦ￔ³º©±¦©¶￦Ϯ·µ¹©©¾©ϯ￦ ￖ￦￦￦￦‫ںڵ‬Ζ‫ڴڹڶ‬￦￦
ￇ¨¨Ό￦￈³³¯￦￘©§©­´¸·￦Ϯ‫ڶڹڵ‬Ζ‫ڴڴڹ‬￦Ο￦‫ڶ‬Ζ‫ڴڴڹ‬ϯ￦ ￦￦￦￦‫ڴڹڵ‬Ζ‫ڴڴڴ‬￦￦
ￚ³¸¥°￦ ￦‫ںںڵ‬Ζ‫ڴڹڶ‬￦￦
ￒ©··Ό￦￈³³¯￦¨­·¦¹¶·©±©²¸·￦ ￦￦￦￦‫ڼڶڵ‬Ζ‫ڴڹڻ‬￦￦
41
Chapter 8: Cash and Cash Equivalents

ￛ²¥¨®¹·¸©¨￦§¥·¬￦­²￦¦¥²¯Ζ￦ￊ©§©±¦©¶￦ ￖ￦￦￦￦‫ڻڷ‬Ζ‫ڴڴڹ‬￦￦
￦ ￦
ￛ²¥¨®¹·¸©¨￦§¥·¬￦­²￦¦¥²¯Ζ￦ￔ³º©±¦©¶￦Ϯ·µ¹©©¾©ϯ￦ ￖ￦￦￦‫ںڵ‬Ζ‫ڴڹڶ‬￦￦
ￒ©··Ό￦￈￙￉￦­²￦ￔ³º©±¦©¶￦ ￦￦￦￦￦￦￦‫ڵ‬Ζ‫ڴڴڹ‬￦￦
ￇ¨®¹·¸©¨￦§¥·¬￦­²￦¦¥²¯Ζ￦ￊ©§©±¦©¶￦ P 14,750

SUMMARY OF ANSWERS:
‫ڵ‬Κ￦ C ‫ڶ‬Κ￦ D ‫ڷ‬Κ￦ C ‫ڸ‬Κ￦ D ‫ڹ‬Κ￦ B

PROBLEM 8-18 Proof of Cash
Question No. 1
ￕ¹¸·¸¥²¨­²«￦§¬©§¯·Ζ￦¦©«￦Ϯ·µ¹©©¾©ϯ￦ ￦ P 8,000
ￇ¨¨Ό￦￉¬©§¯·￦­··¹©¨￦¸¬­·￦±³²¸¬￦ ￦ ￦
￈³³¯￦¨­·¦¹¶·©±©²¸·￦ ￖ￦￦‫ڼڸڵ‬Ζ‫ڴڴڴ‬￦ ￦
ￒ©··Ό￦ￊￓ￦¶©§³¶¨©¨￦¸¬­·￦±³²¸¬￦ ￦￦￦￦￦￦‫ڶ‬Ζ‫ڴڴڹ‬￦ ￦￦‫ڹڸڵ‬Ζ‫ڴڴڹ‬￦￦
ￚ³¸¥°￦ ￦ ￦‫ڷڹڵ‬Ζ‫ڴڴڹ‬￦￦
ￒ©··Ό￦￈¥²¯￦¨­·¦¹¶·©±©²¸·￦ ￖ￦‫ڴڹڵ‬Ζ‫ڴڴڴ‬￦ ￦
￦￦￦￦￦￦￦￦￦￦ￇ¨¨Ό￦ￖ¥­¨￦³¹¸￦­²￦§¹¶¶©²§½￦￦ ￦￦￦￦￦￦‫ڶ‬Ζ‫ڴڴڴ‬￦ ￦
￦￦￦￦￦￦￦￦￦￦ￒ©··Ό￦ￔ￙ￌ￦¶©¨©´³·­¸©¨￦ ￦￦￦￦￦￦‫ڷ‬Ζ‫ڴڴڴ‬￦ ￦
￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦ￊￓ￦ª³¶￦¸¬­·￦±³²¸¬￦￦ ￦￦￦￦￦￦‫ڵ‬Ζ‫ڴڴڹ‬￦ ￦￦￦‫ڻڸڵ‬Ζ‫ڴڴڹ‬￦
ￕ¹¸·¸¥²¨­²«￦§¬©§¯·Ζ￦©²¨￦ ￦ ￖ￦￦￦‫ں‬Ζ‫ڴڴڴ‬￦
￦

Question Nos. 2 to 5
BANK Sept. 30 Receipts Disb. Oct. 31
ￛ²¥¨®Κ￦¦¥°¥²§©￦Ο￦¦¥²¯￦ ‫ڴڴڵ‬Ζ‫ڴڴڴ‬￦ ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦ ‫ڴڹڵ‬Ζ‫ڴڴڴ‬￦ ‫ڴڹڵ‬Ζ‫ڴڴڴ‬￦
ￛ²¨©´³·­¸©¨￦§³°°©§¸­³²·Ό￦ ￦ ￦ ￦
￦￦￦￦￙©´¸©±¦©¶￦‫ڴڷ‬ ‫ڹ‬Ζ‫ڴڴڴ‬ Ϯ‫ڹ‬Ζ‫ڴڴڴ‬ϯ ￦ ￦
￦￦￦￦ￕ§¸³¦©¶￦‫ڵڷ‬￦ ￦ ‫ڻ‬Ζ‫ڴڴڴ‬￦ ￦ ‫ڻ‬Ζ‫ڴڴڴ‬￦
ￕ¹¸·¸¥²¨­²«￦§¬©§¯·Ό￦ ￦ ￦ ￦ ￦
￦￦￦￦￙©´¸©±¦©¶￦‫ڴڷ‬￦ Ϯ‫ڼ‬Ζ‫ڴڴڴ‬ϯ￦ ￦ Ϯ‫ڼ‬Ζ‫ڴڴڴ‬ϯ￦ ￦
￦￦￦￦ￕ§¸³¦©¶￦‫ڵڷ‬￦ ‫ں‬Ζ‫ڴڴڴ‬￦ Ϯ‫ں‬Ζ‫ڴڴڴ‬ϯ￦
ￖ¥­¨￦³¹¸￦­²￦§¹¶¶©²§½￦ ￦ ‫ڶ‬Ζ‫ڴڴڴ‬￦ ‫ڶ‬Ζ‫ڴڴڴ‬￦ ￦
ￇ¨®¹·¸©¨￦¦¥°¥²§©·￦ 97,000 201,000 147,000 151,000
￦
BOOK Sept. 30 Receipts Disb. Oct. 31
ￛ²¥¨®Κ￦¦¥°¥²§©￦Ο ¦³³¯￦ ‫ڵڽ‬Ζ‫ڴڴڹ‬ ‫ںڽڵ‬Ζ‫ڴڴڴ‬ ‫ڼڸڵ‬Ζ‫ڴڴڴ‬￦ ‫ڽڷڵ‬Ζ‫ڴڴڹ‬￦
￦ ￦ ￦
§³°°©§¸©¨Ό￦
￦￦￦￦￙©´¸©±¦©¶￦‫ڴڷ‬ ‫ڼ‬Ζ‫ڴڴڴ‬ Ϯ‫ڼ‬Ζ‫ڴڴڴ‬ϯ ￦ ￦
￦￦￦￦ￕ§¸³¦©¶￦‫ڵڷ‬￦ ￦ ‫ڷڵ‬Ζ‫ڴڴڴ‬￦ ￦ ‫ڷڵ‬Ζ‫ڴڴڴ‬￦
￈¥²¯￦·©¶º­§©￦§¬¥¶«©Ό￦ ￦ ￦ ￦ ￦
￦￦￦￦￙©´¸©±¦©¶￦‫ڴڷ‬ Ϯ‫ڶ‬Ζ‫ڴڴڹ‬ϯ Ϯ‫ڶ‬Ζ‫ڴڴڹ‬ϯ￦ ￦
￦￦￦￦ￕ§¸³¦©¶￦‫ڵڷ‬￦ ￦ ￦ ‫ڵ‬Ζ‫ڴڴڹ‬￦ ‫ڵ‬Ζ‫ڴڴڹ‬￦
ￇ¨®¹·¸©¨￦¦¥°¥²§©·￦ ‫ڻڽ‬Ζ‫ڴڴڴ‬￦ ‫ڵڴڶ‬Ζ‫ڴڴڴ‬￦ ‫ڻڸڵ‬Ζ‫ڴڴڴ‬￦ ‫ڵڹڵ‬Ζ‫ڴڴڴ‬￦
￦

42
Chapter 8: Cash and Cash Equivalents

SUMMARY OF ANSWERS:
‫ڵ‬Κ￦ B ‫ڶ‬Κ￦ A ‫ڷ‬Κ￦ A ‫ڸ‬Κ￦ A ‫ڹ‬Κ￦ A
￦
PROBLEM 8-19 Proof of Cash
Question No. 1
Account No. 143: Bank Book
ￛ²¥¨®¹·¸©¨￦¦¥°¥²§©· ￖ‫ڵ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦￦ ￖ‫ڵ‬Ζ‫ڽڽڴ‬Ζ‫ڴڴڸ‬￦
ￊ©´³·­¸￦­²￦¸¶¥²·­¸￦￦ Є‫ڴڼ‬Ζ‫ڴڴڴ‬￦ ￦ ￦
ￓ­·´°¥§©¨￦§¬©§¯￦ ￦ ￦ Ϯ￦￦￦￦‫ڴڶ‬Ζ‫ڴڴڴ‬ϯ￦
ￕ¹¸·¸¥²¨­²«￦§¬©§¯￦￦ ϮЄЄ‫ڴں‬Ζ‫ڴڴڴ‬ϯ￦ ￦ ￦
ￛ²¨©°­º©¶©¨￦§¬©§¯￦ ￦ ￦￦￦￦￦￦￦‫ڹڵ‬Ζ‫ڴڴڴ‬￦
ￔ³¸©￦§¬¥¶«©¨￦¦½￦¸¬©￦¦¥²¯￦ ￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦Ο￦ ￦ Ϯ￦￦￦￦￦￦￦‫ڸڻ‬Ζ‫ڴڴڸ‬ϯ￦
ￇ¨®¹·¸©¨￦¦¥°¥²§©￦ P1,020,000 P1,020,000
ЄϮ‫ڴڴڵ‬Ζ‫ڴڴڴ‬￦Ο￦‫ڴڶ‬Ζ‫ڴڴڴ‬Ζ￦ￓ­·´°¥§©¨￦§¬©§¯ϯ￦￦
ЄЄϮ‫ڹڻ‬Ζ‫ڴڴڴ‬￦Ο￦‫ڹڵ‬Ζ‫ڴڴڴ‬Ζ￦ￛ²¨©°­º©¶©¨￦§¬©§¯ϯ￦
￦
Question No. 2
ￚ³¸¥°￦ￕ¹¸·¸¥²¨­²«￦§¬©§¯·Ό￦
ￇ§§³¹²¸￦ￔ³Κ‫ڷڸڵ‬￦ ￖ￦￦￦￦￦￦‫ڴں‬Ζ‫ڴڴڴ‬￦
Єￇ§§³¹²¸￦ￔ³Κ‫ڸڸڵ‬￦ ￦￦￦‫ڵ‬Ζ‫ڴںڼ‬Ζ‫ڴڴڴ‬￦
ￚ³¸¥°￦³¹¸·¸¥²¨­²«￦§¬©§¯￦ P 1,920,000
￦
Єￕ¹¸·¸¥²¨­²«￦§¬©§¯￦ª³¶￦ￇ§§³¹²¸￦ￔ³Κ￦‫ڸڸڵ‬￦­·￦§³±´¹¸©¨￦¥·￦ª³°°³»·Ό￦
ￕ¹¸·¸¥²¨­²«￦§¬©§¯·Ζ￦¦©«￦ ￦ ￖ￦￦￦‫ڴڹڶ‬Ζ‫ڴڴڴ‬￦￦
ￇ¨¨Ό￦￉¬©§¯·￦­··¹©¨￦¸¬­·￦±³²¸¬￦ ￦ ￦
￦ ￈³³¯￦￉¶©¨­¸·￦ ￖ‫ڷ‬Ζ‫ڴڴڹ‬Ζ‫ڴڴڴ‬￦￦ ￦
￦ ￒ©··Ό￦￈￙￉￦ￔ³º©±¦©¶￦ ￦￦￦￦￦￦￦￦‫ڴڵ‬Ζ‫ڴڴڴ‬￦￦ ￦￦‫ڷ‬Ζ‫ڴڽڸ‬Ζ‫ڴڴڴ‬￦
ￚ³¸¥°￦ ￦ ￖ￦‫ڷ‬Ζ‫ڴڸڻ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦￉¬©§¯·￦´¥­¨￦¦½￦¸¬©￦¦¥²¯￦ ￦ ￦
￦ ￈¥²¯￦ￊ©¦­¸·￦ ￖ‫ڶ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦￦ ￦
￦ ￒ©··Ό￦￈￙￉￦ￊ©§©±¦©¶￦ ￦￦￦￦￦￦￦‫ڴڶ‬Ζ‫ڴڴڴ‬￦￦ ￦
￦ ￦￦￦￦￦￦￦￦￦￦￦ￔ￙ￌ￦§¬©§¯￦ ￦￦￦￦￦￦‫ڴڴڵ‬Ζ‫ڴڴڴ‬￦￦ ￦￦‫ڵ‬Ζ‫ڴڼڼ‬Ζ‫ڴڴڴ‬￦
ￕ¹¸·¸¥²¨­²«￦§¬©§¯·Ζ￦©²¨￦ ￦ ￖ‫ڵ‬Ζ‫ڴںڼ‬Ζ‫ڴڴڴ‬￦
￦
Question Nos. 3 to 4
￦ ￦ December
Nov. 30 Receipts Disb. Dec. 31
ￛ²¥¨®¹·¸©¨￦bank￦¦¥°¥²§©￦ ‫ڶ‬Ζ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦￦ ‫ڵ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦ ‫ڶ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦￦ ‫ڵ‬Ζ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦
ￊ©´³·­¸￦­²￦¸¶¥²·­¸Ό￦
￦￦￦￦ￔ³º©±¦©¶￦‫ڴڷ‬￦ ‫ڴڽ‬Ζ‫ڴڴڴ‬￦￦ Ϯ‫ڴڽ‬Ζ‫ڴڴڴ‬ϯ￦ ￦ ￦
ЄЄ‫ڴڸڶ‬Ζ‫ڴڴ‬
￦￦￦￦ￊ©§©±¦©¶￦‫ڵڷ‬￦ ￦ ‫ڴ‬￦ ￦ ‫ڴڸڶ‬Ζ‫ڴڴڴ‬￦
ￕ¹¸·¸¥²¨­²«￦§¬©§¯Ό￦
￦￦￦￦ￔ³º©±¦©¶￦‫ڴڷ‬￦ Ϯ‫ڴڹڶ‬Ζ‫ڴڴڴ‬ϯ￦ ￦ Ϯ‫ڴڹڶ‬Ζ‫ڴڴڴ‬ϯ￦ ￦
￦￦￦￦ￊ©§©±¦©¶￦‫ڵڷ‬￦ ￦ ￦ ‫ڵ‬Ζ‫ڴںڼ‬Ζ‫ڴڴڴ‬￦￦ Ϯ‫ڵ‬Ζ‫ڴںڼ‬Ζ‫ڴڴڴ‬ϯ￦
43
Chapter 8: Cash and Cash Equivalents

ￋ¶¶³²©³¹·￦ ¦¥²¯￦ §¬¥¶«©￦ Ο￦

ￔ³º©±¦©¶￦ ‫ڴڶ‬Ζ‫ڴڴڴ‬￦￦ Ϯ‫ڴڶ‬Ζ‫ڴڴڴ‬ϯ￦ ￦ ￦
ￇ¨®¹·¸©¨￦¦¥°¥²§©·￦ ‫ڶ‬Ζ‫ڴںڴ‬Ζ‫ڴڴڴ‬￦￦ ‫ڵ‬Ζ‫ڴڷڵ‬Ζ‫ڴڴڴ‬￦ ‫ڷ‬Ζ‫ڴڵں‬Ζ‫ڴڴڴ‬￦￦ Ϯ‫ڴڶڸ‬Ζ‫ڴڴڴ‬ϯ
￦ ￦ ￦ ￦ ￦
ￛ²¥¨®¹·¸©¨ book￦￦
¦¥°¥²§©￦ ‫ڵ‬Ζ‫ڴڼڽ‬Ζ‫ڴڴڴ‬￦￦ ‫ڵ‬Ζ‫ڴڶڸ‬Ζ‫ڴڴڴ‬￦ ‫ڷ‬Ζ‫ڴڴڹ‬Ζ‫ڴڴڴ‬￦￦ Ϯ‫ڴڴڵ‬Ζ‫ڴڴڴ‬ϯ￦
￈¥²¯￦·©¶º­§©￦§¬¥¶«©Ό￦ ￦ ￦ ￦ ￦
￦￦￦￦ￔ³º©±¦©¶￦‫ڴڷ‬￦ Ϯ‫ڴڵ‬Ζ‫ڴڴڴ‬ϯ￦ ￦ Ϯ‫ڴڵ‬Ζ‫ڴڴڴ‬ϯ￦
￦￦￦￦ￊ©§©±¦©¶￦‫ڵڷ‬￦ ￦ ￦ ￦‫ڴڶ‬Ζ‫ڴڴڴ‬￦￦ Ϯ‫ڴڶ‬Ζ‫ڴڴڴ‬ϯ￦
ￛ²¶©§³¶¨©¨￦ §³°°©§¸­³²·￦ Ο￦
ￔ³º©±¦©¶￦‫ڴڷ‬￦ ‫ڴڽ‬Ζ‫ڴڴڴ‬￦￦ Ϯ‫ڴڽ‬Ζ‫ڴڴڴ‬ϯ￦ ￦ ￦
ￛ²§³°°©§¸©¨￦§¹·¸³±©¶‫·ك‬￦ ￦ ￦ ￦
￦￦²³¸©￦¥°¶©¥¨½￦¶©§³¶¨©¨￦￦
￦￦¥·￦§¥·¬￦¶©§©­´¸￦ Ϯ‫ڴڴڶ‬Ζ‫ڴڴڴ‬ϯ￦ ￦ Ϯ‫ڴڴڶ‬Ζ‫ڴڴڴ‬ϯ￦
ￔ￙ￌ￦Ο￦ￊ©§©±¦©¶￦‫ڵڷ‬￦ ￦ ￦ ‫ڴڴڵ‬Ζ‫ڴڴڴ‬￦￦ Ϯ‫ڴڴڵ‬Ζ‫ڴڴڴ‬ϯ
ￇ¨®¹·¸©¨￦¦¥°¥²§©·￦ ‫ڶ‬Ζ‫ڴںڴ‬Ζ‫ڴڴڴ‬￦￦ ‫ڵ‬Ζ‫ڴڷڵ‬Ζ‫ڴڴڴ‬￦ ‫ڷ‬Ζ‫ڴڵں‬Ζ‫ڴڴڴ‬￦￦ Ϯ‫ڴڶڸ‬Ζ‫ڴڴڴ‬ϯ
￦
ЄЄￊ©´³·­¸￦­²￦¸¶¥²·­¸Ζ￦¦©«￦ ￖ￦￦￦￦￦￦‫ڴڽ‬Ζ‫ڴڴڴ‬￦
ￇ¨¨Ό￦ￊ©´³·­¸￦±¥¨©￦¦½￦¸¬©￦§³Κ￦¸¬­·￦±³²¸¬￦
￦ ￈³³¯￦ￊ©¦­¸·￦ ￖ‫ڵ‬Ζ‫ڴڶڸ‬Ζ‫ڴڴڴ‬￦￦ ￦
￦ ￒ©··Ό￦ￛ²¶©§³¶¨©¨￦§³°°©§¸­³²￦ ‫ڴڽ‬Ζ‫ڴڴڴ‬￦ ￦
￦ ￦ ￦
￦ §¥·¬￦¶©§©­´¸·￦ ￦￦￦￦￦￦‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦ ￦￦￦‫ڵ‬Ζ‫ڴڷڵ‬Ζ‫ڴڴڴ‬￦
ￚ³¸¥°￦ ￦ ￦ ￖ‫ڵ‬Ζ‫ڴڶڶ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦ￊ©´³·­¸·￦¥§¯²³»°©¨«©¨￦¦½￦¸¬©￦¦¥²¯￦
￦ ￈¥²¯￦￉¶©¨­¸·￦ ￖ‫ڵ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦￦ ￦
￦ ￒ©··Ό￦ￋ¶¶³²©³¹·￦¦¥²¯￦§¬¥¶«©￦ ￦￦￦￦￦￦￦￦‫ڴڶ‬Ζ‫ڴڴڴ‬￦￦ ￦￦￦￦￦￦‫ڴڼڽ‬Ζ‫ڴڴڴ‬￦
ￕ¹¸·¸¥²¨­²«￦§¬©§¯·Ζ￦©²¨￦ ￖ￦￦￦￦‫ڴڸڶ‬Ζ‫ڴڴڴ‬￦

Question No. 5
Adjusted balances:
￦ ￇ§§³¹²¸￦ￔ³Κ￦‫ڷڸڵ‬￦ ￖ‫ڵ‬Ζ‫ڴڶڴ‬Ζ‫ڴڴڴ‬￦
￦ ￇ§§³¹²¸￦ￔ³Κ￦‫ڸڸڵ‬￦ Ϯ￦￦‫ڴڶڸ‬Ζ‫ڴڴڴ‬ϯ￦
ￚ³¸¥°￦¥¨®¹·¸©¨￦¦¥°¥²§©·￦ P 600,000

SUMMARY OF ANSWERS:
‫ڵ‬Κ￦ A ‫ڶ‬Κ￦ A ‫ڷ‬Κ￦ B ‫ڸ‬Κ￦ B ‫ڹ‬Κ￦ C


PROBLEM 8-20 Proof of Cash
Question No. 1
RCBC Account Book Bank
ￛ²¥¨®¹·¸©¨￦¦¥°¥²§©￦ ￖ￦‫ڹںڵ‬Ζ‫ڴڴڴ‬￦ ￖ￦‫ڹڶڵ‬Ζ‫ڴڴڴ‬￦
￉¶©¨­¸￦±©±³￦ª³¶￦²³¸©￦§³°°©§¸©¨￦ ￦￦￦￦￦‫ں‬Ζ‫ڴڴڴ‬￦ ￦
￈¥²¯￦·©¶º­§©￦§¬¥¶«©￦ Ϯ‫ڵ‬Ζ‫ڴڴڴ‬ϯ￦ ￦

44
Chapter 8: Cash and Cash Equivalents

ￊ©´³·­¸￦­²￦¸¶¥²·­¸￦ ￦ ‫ڴں‬Ζ‫ڴڴڴ‬￦
ￕ¹¸·¸¥²¨­²«￦§¬©§¯·￦Ϯ‫ڹڶ‬Ζ‫ڴڶܩڴڴڴ‬Ζ‫ڴڴڴ‬ϯ￦ ￦ Ϯ‫ڹڸ‬Ζ‫ڴڴڴ‬ϯ￦
ￛ²¶©§³¶¨©¨￦¨­·¦¹¶·©±©²¸￦ Ϯ￦￦￦‫ڴڷ‬Ζ‫ڴڴڴ‬ϯ￦ ￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦Ο￦
ￇ¨®¹·¸©¨￦¦¥°¥²§©￦ P 140,000 P 140,000

Question Nos. 2-3

Equitable PCI Bank ￈³³¯￦ ￈¥²¯￦
ￛ²¥¨®¹·¸©¨￦¦¥°Κ￦Ϯ·µ¹©©¾©ϯ￦ P 62,000 ￖ￦￦‫ڷڽ‬Ζ‫ڴڴڴ‬￦
￉¶©¨­¸￦±©±³￦ª³¶￦²³¸©￦§³°°Κ￦ ‫ڴڵ‬Ζ‫ڴڴڴ‬￦ ￦
￈¥²¯￦·©¶º­§©￦§¬¥¶«©￦ Ϯ￦￦￦￦‫ڶ‬Ζ‫ڴڴڴ‬ϯ￦ ￦
ￊ©´³·­¸￦­²￦¸¶¥²·­¸￦Ϯ‫ڹڵ‬Ζ‫ڴڶܩڴڴڴ‬Ζ‫ڴڹܩڴڴڴ‬Ζ‫ڴڴڴ‬Єϯ￦ ￦ ￦￦￦‫ڹڼ‬Ζ‫ڴڴڴ‬￦
ￕ¹¸·¸¥²¨­²«￦§¬©§¯·￦ ￦ Ϯ￦￦‫ڼڶ‬Ζ‫ڴڴڴ‬ϯ￦
ￛ²¶©§³¶¨©¨￦¸¶¥²·ª©¶￦Ϯ‫ڴڷ‬Ζ‫ڴڹܩڴڴڴ‬Ζ‫ڴڴڴ‬Єϯ￦ ￦￦￦￦￦‫ڴڼ‬Ζ‫ڴڴڴ‬￦ ￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦Ο￦
ￇ¨®¹·¸©¨￦¦¥°¥²§©￦ P 150,000 P150,000
Єª¹²¨￦ ¸¶¥²·ª©¶￦ ￔ³Κ￦ ‫ڸ‬￦ Ϯￏ²§°¹¨©¨￦¦³¸¬￦ ¥·￦¹²¶©§³¶¨©¨￦ ¸¶¥²·ª©¶￦¥²¨￦ ¨©´³·­¸￦ ­²￦
¸¶¥²·­¸ϯ￦
￦

Question No. 4
ￕ¹¸·¸¥²¨­²«￦§¬©§¯·Ό￦ ￦
￘￉￈￉￦ￇ§§³¹²¸￦￦Ϯ‫ڹڶ‬Ζ‫ڴڶܩڴڴڴ‬Ζ‫ڴڴڴ‬ϯ￦ ￖ￦￦￦￦‫ڹڸ‬Ζ‫ڴڴڴ‬￦
ￋµ¹­¸¥¦°©￦ￖ￉ￏ￦￈¥²¯￦ ￦￦￦￦￦￦‫ڼڶ‬Ζ‫ڴڴڴ‬￦
ￚ³¸¥°￦³¹¸·¸¥²¨­²«￦§¬©§¯·￦ P 73,000
￦

Question No. 5
ￌ¹²¨￦ ¸¶¥²·ª©¶￦ ￔ³Κ￦ ‫ڵ‬￦ ­·￦ ¶©§³¶¨©¨￦ ­²￦ ¸¬©￦ ¨­·¦¹¶·­²«￦ ¦³³¯￦ ¨¹¶­²«￦ ￊ©§©±¦©¶￦
»¬­°©￦­¸￦³²°½￦§°©¥¶©¨￦­²￦¸¬©￦¨­·¦¹¶·­²«￦¦¥²¯￦­²￦￐¥²¹¥¶½Κ￦￦

SUMMARY OF ANSWERS:
‫ڵ‬Κ￦ A ‫ڶ‬Κ￦ A ‫ڷ‬Κ￦ B ‫ڸ‬Κ￦ B ‫ڹ‬Κ￦ A


PROBLEM 8-21 Proof of Cash
BOOK ￐¥²Κ￦‫ڵڷ‬￦ ￘©§©­´¸·￦ ￊ­·¦￦ ￌ©¦Κ￦‫ڼڶ‬￦
ￛ²¥¨®¹·¸©¨￦¦¥°¥²§©·Ο¦³³¯·￦ ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦ ‫ڴڹڵ‬Ζ‫ڴڴڴ‬￦ ‫ڴڼ‬Ζ‫ڴڴڴ‬￦ ‫ڴڻڶ‬Ζ‫ڴڴڴ‬￦
￉¶©¨­¸￦ￓ©±³Ο￐¥²¹¥¶½￦ ‫ڽ‬Ζ‫ڴڴڴ‬￦ Ϯ‫ڽ‬Ζ‫ڴڴڴ‬ϯ￦ Ο￦ Ο￦
￉¶©¨­¸￦ￓ©±³Οￌ©¦¶¹¥¶½￦ Ο ‫ڷڵ‬Ζ‫ڴڴڴ‬ Ο￦ ‫ڷڵ‬Ζ‫ڴڴڴ‬￦
￈￙￉￦§¬©§¯Ο￐¥²¹¥¶½￦ Ϯ‫ڴڴڵ‬ϯ Ο Ϯ‫ڴڴڵ‬ϯ￦ Ο￦
￈￙￉￦§¬©§¯Οￌ©¦¶¹¥¶½￦ Ο￦ Ο￦ ‫ڴڹڵ‬￦ Ϯ‫ڴڹڵ‬ϯ￦
￉¬©§¯￦³ª￦¸¬©￦§³±´¥²½￦­··¹©¨￦­²￦ ‫ڴڴڻ‬￦ Ο￦ Ο￦ ‫ڴڴڻ‬￦
￐¥²¹¥¶½￦»¥·￦±¹¸­°¥¸©¨￦¥²¨￦
¶©¸¹¶²©¨￦¦½￦¸¬©￦´¥½©©Κ￦ￇ￦
¶©´°¥§©±©²¸￦§¬©§¯￦»¥·￦­··¹©¨Κ￦
￈³¸¬￦§¬©§¯·￦»©¶©￦©²¸©¶©¨￦­²￦¸¬©￦
￉¬©§¯￦¶©«­·¸©¶￦¦¹¸￦²³￦©²¸¶½￦»¥·￦
±¥¨©￦¸³￦§¥²§©°￦¸¬©￦±¹¸­°¥¸©¨￦
§¬©§¯Ζ￦ￖ‫ڴڴڻ‬Κ￦
ￚ¬©￦§³±´¥²½￦­··¹©¨￦¥￦·¸³´￦ Ο￦ Ϯ‫ڵ‬Ζ‫ڴڴڶ‬ϯ￦ Ϯ‫ڵ‬Ζ‫ڴڴڶ‬ϯ￦ Ο￦
45
Chapter 8: Cash and Cash Equivalents

´¥½±©²¸￦³¶¨©¶￦¸³￦¸¬©￦¦¥²¯￦­²￦
ￌ©¦¶¹¥¶½￦ª³¶￦§¬©§¯￦­··¹©¨￦­²￦
ￌ©¦¶¹¥¶½￦»¬­§¬￦»¥·￦²³¸￦
¶©§©­º©¨￦¦½￦¸¬©￦´¥½©©Κ￦ￇ￦²©»￦
§¬©§¯￦»¥·￦»¶­¸¸©²￦¥²¨￦¶©§³¶¨©¨￦
­²￦¸¬©￦￉¬©§¯￦¶©«­·¸©¶￦­²￦
ￌ©¦¶¹¥¶½Κ￦ￚ¬©￦³°¨￦§¬©§¯￦»¥·￦
»¶­¸¸©²￦³ªª￦¦½￦¥￦®³¹¶²¥°￦©²¸¶½￦
¥°·³￦­²￦ￌ©¦¶¹¥¶½Ζ￦ￖ‫ڵ‬Ζ‫ڴڴڶ‬Κ￦
ￇ¨®¹·¸©¨￦¦¥°¥²§©·￦ ‫ڽڴڶ‬Ζ‫ڴڴں‬ ‫ڶڹڵ‬Ζ‫ڴڴڼ‬ ‫ڼڻ‬Ζ‫ڴڹڼ‬￦ ‫ڷڼڶ‬Ζ‫ڴڹڹ‬￦
￦
BANK Jan. 31 Receipts Disb Feb. 28
ￛ²¥¨®¹·¸©¨￦¦¥°¥²§©·Ο¦¥²¯￦ ‫ںڴڶ‬Ζ‫ڴڴں‬￦ ‫ڽڹڵ‬Ζ‫ڴڴڴ‬￦ 88,650 ‫ںڻڶ‬Ζ‫ڴڹڽ‬￦
ￊ©´³·­¸￦­²￦¸¶¥²·­¸Ο￐¥²¹¥¶½￦ ‫ڴڵ‬Ζ‫ڴڴڴ‬￦ Ϯ‫ڴڵ‬Ζ‫ڴڴڴ‬ϯ￦ Ο￦ Ο￦
ￊ©´³·­¸￦­²￦¸¶¥²·­¸Οￌ©¦¶¹¥¶½￦ Ο￦ ‫ڵڵ‬Ζ‫ڴڴڴ‬￦ Ο￦ ‫ڵڵ‬Ζ‫ڴڴڴ‬￦
ￕ¹¸·¸¥²¨­²«￦§¬©§¯·Ο￐¥²¹¥¶½￦ Ϯ‫ڸ‬Ζ‫ڴڴڶ‬ϯ Ο Ϯ‫ڸ‬Ζ‫ڴڴڶ‬ϯ￦ Ο￦
ￕ¹¸·¸¥²¨­²«￦§¬©§¯·Οￌ©¦¶¹¥¶½ Ο Ο ‫ڵ‬Ζ‫ڴڴڼ‬￦ Ϯ‫ڵ‬Ζ‫ڴڴڼ‬ϯ￦
ￋ¶¶³²©³¹·￦¦¥²¯￦§¶©¨­¸Ο￐¥²¹¥¶½￦ Ϯ‫ں‬Ζ‫ڴڴڴ‬ϯ￦ Ο￦ Ϯ‫ں‬Ζ‫ڴڴڴ‬ϯ￦ Ο￦
ￋ¶¶³²©³¹·￦¦¥²¯￦§¶©¨­¸Οￌ©¦¶¹¥¶½￦ Ο￦ Ϯ‫ڸ‬Ζ‫ڴڴڴ‬ϯ￦ Ο￦ Ϯ‫ڸ‬Ζ‫ڴڴڴ‬ϯ￦
ￋ¶¶³²©³¹·￦¦¥²¯￦§¬¥¶«©Ο￐¥²¹¥¶½￦ ‫ڷ‬Ζ‫ڴڴڶ‬￦ Ϯ‫ڷ‬Ζ‫ڴڴڶ‬ϯ￦ Ο￦ Ο￦
ￋ¶¶³²©³¹·￦¦¥²¯￦§¬¥¶«©Ο Ο￦ Ο￦ Ϯ‫ڵ‬Ζ‫ڴڴڸ‬ϯ￦ ‫ڵ‬Ζ‫ڴڴڸ‬￦
ￌ©¦¶¹¥¶½￦
ￇ¨®¹·¸©¨￦¦¥°¥²§©·￦ 209,600 152,800 78,850 283,550

SUMMARY OF ANSWERS:
‫ڵ‬Κ￦ D ‫ڶ‬Κ￦ C ‫ڷ‬Κ￦ C ‫ڸ‬Κ￦ A ‫ڹ‬Κ￦ C


PROBLEM 8-22 Computation of Cash Shortage

Question No. 1
ￛ²¥¨®¹·¸©¨￦¦¥²¯￦¦¥°Κ￦ ￖ￦￦￦￦￦￦‫ڹڶڶ‬Ζ‫ڴڴڸ‬￦
ￒ©··Ό￦ￕ¹¸·¸¥²¨­²«￦§¬©§¯·￦Ϯ‫ڼ‬Ζ‫ڸܩڸڷڸ‬Ζ‫ܩڴڴڷ‬￦ ￦
￦￦￦￦￦￦￦￦￦￦￦‫ں‬Ζ‫ܩڸڶڹ‬￦‫ڽ‬Ζ‫ڵڹڹ‬Κ‫ڸܩڴڹ‬Ζ‫ڹܩڻڻڹ‬Ζ‫ڵںڽ‬ϯ￦ Ϯ‫ڽڷ‬Ζ‫ڻڸڷ‬Κ‫ڴڹ‬ϯ￦
ￇ¨¨Ό￦ￛ²¨©´³·­¸©¨￦¶©§©­´¸·￦ ￦￦￦￦￦￦￦￦￦￦￦‫ڹڷ‬Ζ‫ڴڴڴ‬￦
ￇ¨®¹·¸©¨￦¦¥²¯￦¦¥°¥²§©￦ ￖ‫ڵڶڶ‬Ζ‫ڶڹڴ‬Κ‫ڴڹ‬￦
￦
Question No. 2
ￛ²¥¨®¹·¸©¨￦¦³³¯￦¦¥°Κ￦ ￖ‫ڶڸڶ‬Ζ‫ڴڵڷ‬Κ‫ڴڹ‬￦￦
￉¶©¨­¸￦±©±³￦ª³¶￦²³¸©·￦§³°°©§¸­³²￦ ￦￦￦￦￦￦￦￦￦‫ڴڷ‬Ζ‫ڴڴڴ‬￦￦
￉¶©¨­¸￦±©±³￦ª³¶￦­²¸Κ￦ ￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦‫ڴڴڽ‬￦￦
￈¥°¥²§©￦Ϯ§¥·¬￦¥§§³¹²¸¥¦­°­¸½ϯ￦ ￖ‫ڷڻڶ‬Ζ‫ڴڵڶ‬Κ‫ڴڹ‬￦￦
￦
Question No. 3
ￇ¨®¹·¸©¨￦¦¥²¯￦¦¥°Κ￦Ϯ￉¥·¬￦¥§§³¹²¸©¨ϯ￦ ￖ‫ڵڶڶ‬Ζ‫ڶڹڴ‬Κ‫ڴڹ‬￦
ￒ©··Ό￦￉¥·¬￦­²￦¦¥²¯￦¦¥°Κ￦Ϯ§¥·¬￦¥§§³¹²¸¥¦­°­¸½ϯ￦ ￦￦‫ڷڻڶ‬Ζ‫ڴڵڶ‬Κ‫ڴڹ‬￦
46
Chapter 8: Cash and Cash Equivalents

￙¬³¶¸¥«©￦ Ϯￖ‫ڶڹ‬Ζ‫ڼڹڵ‬Κ‫ڴڴ‬ϯ￦

SUMMARY OF ANSWERS:
‫ڵ‬Κ￦ B ‫ڶ‬Κ￦ D ‫ڷ‬Κ￦ B


PROBLEM 8-23 Computation of Cash Shortage
Question No. 1
ￛ²¥¨®¹·¸©¨￦¦¥²¯￦¦¥°Κ￦ ￖ￦￦￦￦‫ڶڸ‬Ζ‫ڴڴڸ‬￦
ￕ¹¸·¸¥²¨­²«￦§¬©§¯·￦ Ϯ￦￦￦‫ڵڵ‬Ζ‫ڴڴڹ‬ϯ￦
ￛ²¨©´³·­¸©¨￦§³°°©§¸­³²·￦ ￦￦￦￦￦￦￦￦‫ڹ‬Ζ‫ڴڴڴ‬￦
ￇ¨®¹·¸©¨￦¦¥²¯￦¦¥°¥²§©￦ P 35,900
￦
Question No. 2
ￛ²¥¨®¹·¸©¨￦¦³³¯￦¦¥°Κ￦ ￖ￦￦￦‫ںڸ‬Ζ‫ڴڴڹ‬￦
￉¶©¨­¸￦±©±³￦´¶³§©©¨·￦§°©¥²￦¨¶¥ª¸￦ ‫ڴڴڽ‬￦
ￊ©¦­¸￦±©±³￦ª³¶￦¦¥²¯￦·©¶º­§©￦§¬¥¶«©￦ Ϯ￦￦￦￦￦￦￦￦￦‫ڴڴڵ‬ϯ￦
￈¥°¥²§©￦Ϯ§¥·¬￦¥§§³¹²¸¥¦­°­¸½ϯ￦ P 47,300
￦
Question No. 3
ￇ¨®¹·¸©¨￦¦¥²¯￦¦¥°Κ￦Ϯ￉¥·¬￦¥§§³¹²¸©¨ϯ￦ ￖ￦‫ڹڷ‬Ζ‫ڴڴڽ‬￦
￉¥·¬￦­²￦¦¥²¯￦¦¥°Κ￦Ϯ§¥·¬￦¥§§³¹²¸¥¦­°­¸½ϯ￦ ￦￦￦‫ڻڸ‬Ζ‫ڴڴڷ‬￦
￙¬³¶¸¥«©￦¥·￦³ª￦￐¹²©￦‫ڴڷ‬￦ ϮP11,400ϯ￦
￦
Question No. 4
ￇ¨¨­¸­³²¥°￦§¥·¬￦·¬³¶¸¥«©￦ª¶³±￦￐¹°½￦‫ڵ‬Ο‫ڹڵ‬￦ ￦ ￦
￐¹°½￦§³°°©§¸­³²￦´©¶￦¨¹´°­§¥¸©￦ￕΚ￘Κ￦ ￦ ￖ￦￦￦‫ڼڵ‬Ζ‫ڴڴڼ‬￦￦
ￒ©··Ό￦ §³°°©§¸­³²·￦ ­²￦ ￐¹°½￦ ¸¬¥¸￦ »©¶©￦ ¨©´³·­¸©¨￦
­²￦￐¹°½￦ ￦ ￦
￦￦￦￦￉³°°©§¸­³²￦´©¶￦¨¹´°­§¥¸©￦·°­´·￦ ￖ￦‫ڵڵ‬Ζ‫ڴڴڴ‬￦ ￦
￦￦￦￦ￒ©··￦Όￛ²¨©´³·­¸©¨￦§³°°©§¸­³²Ζ￦￐¹²©￦‫ڴڷ‬￦ ￦￦￦￦￦‫ڹ‬Ζ‫ڴڴڴ‬￦ ￦￦￦￦￦￦￦‫ں‬Ζ‫ڴڴڴ‬￦￦
￉¥·¬￦¸¬¥¸￦·¬³¹°¨￦¦©￦³²￦¬¥²¨￦³²￦￐¹°½￦‫ڹڵ‬￦ ￦ ￖ￦￦￦‫ڶڵ‬Ζ‫ڴڴڼ‬￦￦
ￒ©··Ό￦ￇ§¸¹¥°￦§¥·¬￦³²￦¬¥²¨￦³²￦￐¹°½￦‫ڹڵ‬￦ ￦ ￦￦￦￦￦￦￦‫ڸ‬Ζ‫ڴڴڼ‬￦￦
￉¥·¬￦·¬³¶¸¥«©￦ª¶³±￦￐¹°½￦‫ڵ‬Ο‫ڹڵ‬￦ ￦ P 8,000
￦
Question No. 5
ￛ²¨©¶·¸¥¸©±©²¸￦³ª￦§¥·¬￦­²￦¦¥²¯￦´©¶￦¦³³¯·￦Ϯ‫ںڸ‬Ζ‫ڴڴڹ‬Ο‫ڹڸ‬Ζ‫ڴڴں‬ϯ￦ ￖ￦￦￦￦￦￦￦‫ڴڴڽ‬￦￦
ￕº©¶·¸¥¸©±©²¸￦³ª￦§¥·¬￦­²￦¦¥²¯￦´©¶￦¦¥²¯￦Ϯ‫ڸڸ‬Ζ‫ڴڴڴ‬Ο‫ڶڸ‬Ζ‫ڴڴڸ‬ϯ￦ ‫ڵ‬Ζ‫ڴڴں‬￦￦
ￛ²¨©¶·¸¥¸©±©²¸￦³ª￦³¹¸·¸¥²¨­²«￦§¬©§¯·￦Ϯ‫ڵڵ‬Ζ‫ڴڴڹ‬Ο‫ڴڴںڷ‬ϯ￦ ‫ڻ‬Ζ‫ڴڴڽ‬￦￦
Overstatement￦³ª￦¹²¨©´³·­¸©¨￦§³°°©§¸­³²·￦Ϯ‫ڹ‬Ζ‫ڴڴڵ‬Ο‫ڹ‬Ζ‫ڴڴڴ‬ϯ￦ ‫ڴڴڵ‬￦
ￔ³²Ο¶©§³¶¨­²«￦³ª￦§¶©¨­¸￦±©±³Ο´¶³§©©¨·￦³ª￦§°©¥²￦¨¶¥ª¸￦ ￦￦￦￦￦￦￦￦￦‫ڴڴڽ‬￦
￉¥·¬￦·¬³¶¸¥«©￦¥·￦³ª￦￐¹²©￦‫ڴڷ‬￦ P11,400
￦

SUMMARY OF ANSWERS:
‫ڵ‬Κ￦ C ‫ڶ‬Κ￦ D ‫ڷ‬Κ￦ B ‫ڸ‬Κ￦ D ‫ڹ‬Κ￦ D
47
Chapter 8: Cash and Cash Equivalents

PROBLEM 8-24 Computation of Cash Shortage

Question No. 1
ￊ©´³·­¸￦­²￦¸¶¥²·­¸Ζ￦¹²¥¨®¹·¸©¨￦¦¥°Κ￦ ￖ￦￦￦‫ڹڻڵ‬Ζ‫ڴڹڶ‬￦￦
ￒ©··Ό￦￉¹·¸³±©¶‫·ك‬￦ￖ³·¸Ο¨¥¸©¨￦§¬©§¯￦ ￦￦￦￦￦￦￦‫ڴڹ‬Ζ‫ڴڴڴ‬￦￦
ￇ¨®¹·¸©¨￦ￊ©´³·­¸￦­²￦¸¶¥²·­¸￦ P 125,250
￦
Question No. 2
ￕ¹¸·¸¥²¨­²«￦§¬©§¯·Ζ￦¹²¥¨®¹·¸©¨￦¦¥°¥²§©￦ ￖ￦‫ںڸڶ‬Ζ‫ڴںڻ‬￦
ￒ©··Ό￦ￛ²¶©°©¥·©¨￦§¬©§¯￦ Ϯ￦￦￦‫ڸڵ‬Ζ‫ڴڹڻ‬ϯ￦
￦￦￦￦￦￦￦￦￦￦￦￉³±´¥²½‫·ك‬￦´³·¸Ο¨¥¸©¨￦§¬©§¯￦ Ϯ￦￦￦‫ڻڷ‬Ζ‫ڴڵڶ‬ϯ￦
ￇ¨®¹·¸©¨￦ￕ¹¸·¸¥²¨­²«￦§¬©§¯·￦ P 194,790
￦
Question No. 3
ￛ²¥¨®¹·¸©¨￦¦¥°Κ￦´©¶￦¦¥²¯￦ ￖ￦‫ڴڹڷ‬Ζ‫ڴڴڴ‬￦
ￇ¨¨Ό￦ￊ©´³·­¸￦­²￦¸¶¥²·­¸￦Ϯￔ³Κ￦‫ڵ‬ϯ￦ ‫ڹڶڵ‬Ζ‫ڴڹڶ‬￦
ￒ©··Ό￦ￕ¹¸·¸¥²¨­²«￦§¬©§¯·￦Ϯￔ³Κ￦‫ڶ‬ϯ￦ Ϯ‫ڸڽڵ‬Ζ‫ڴڽڻ‬ϯ￦
￦￦￦￦￦￦￦￦￦￦￦ￋ¶¶³²©³¹·￦¦¥²¯￦§¶©¨­¸￦ Ϯ￦￦￦‫ڴڷ‬Ζ‫ڴڴڴ‬ϯ￦
ￇ¨®¹·¸©¨￦§¥·¬￦­²￦¦¥²¯￦¦¥°Κ￦ P 250,460
￦
Question No. 4
ￛ²¥¨®¹·¸©¨￦¦¥°Κ￦´©¶￦¦³³¯·￦ ￖ￦￦‫ڷڽڶ‬Ζ‫ڴڴڹ‬￦
ￇ¨¨Ό￦￉¶©¨­¸￦±©±³￦ª³¶￦²³¸©￦§³°°Κ￦ ‫ڹڵ‬Ζ‫ڴڴڴ‬￦
￦￦￦￦￦￦￦￦￦￦￦ￛ²¶©°©¥·©¨￦§¬©§¯￦ ‫ڸڵ‬Ζ‫ڴڹڻ‬￦
￦￦￦￦￦￦￦￦￦￦￦￉³±´¥²½‫·ك‬￦´³·¸Ο¨¥¸©¨￦§¬©§¯￦ ￦￦￦￦￦￦‫ڻڷ‬Ζ‫ڴڵڶ‬￦
ￚ³¸¥°￦ ￖ￦￦‫ڴںڷ‬Ζ‫ڴںڸ‬￦
ￒ©··Ό￦￉¹·¸³±©¶‫·ك‬￦´³·¸Ο¨¥¸©¨￦§¬©§¯￦ Ϯ‫ڴڹ‬Ζ‫ڴڴڴ‬ϯ￦
￉¥·¬￦­²￦¦¥²¯￦´©¶￦¦³³¯·￦¦¥°Κ￦ ￖ￦‫ڴڵڷ‬Ζ‫ڴںڷ‬￦
ￒ©··Ό￦ￇ¨®¹·¸©¨￦§¥·¬￦­²￦¦¥²¯￦¦¥°¥²§©￦ ￦￦￦￦￦‫ڴڹڶ‬Ζ‫ڴںڸ‬￦
￉¥·¬￦·¬³¶¸¥«©￦ (P60,000)
￦
Question No. 5
ￛ²¥¨®¹·¸©¨￦¦¥°Κ￦´©¶￦¦³³¯·￦ ￖ‫ڷڽڶ‬Ζ‫ڴڴڹ‬￦
ￒ©··Ό￦ￇ¨®¹·¸©¨￦§¥·¬￦­²￦¦¥²¯￦¦¥°¥²§©￦ ￦￦‫ڴڹڶ‬Ζ‫ڴںڸ‬￦
ￔ©¸￦¥¨®¹·¸±©²¸·￦ P 43,040

SUMMARY OF ANSWERS:
‫ڵ‬Κ￦ B ‫ڶ‬Κ￦ D ‫ڷ‬Κ￦ B ‫ڸ‬Κ￦ C ‫ڹ‬Κ￦ A

48
Chapter 8: Cash and Cash Equivalents

PROBLEM 8-25 Computation of Cash Shortage￦

￦
Question No. 1
ￛ²¥¨®¹·¸©¨￦￈¥²¯￦￈¥°¥²§©￦ ‫ڵڴڵ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦ￕ¹¸·¸¥²¨­²«￦￉¬©§¯￦ ‫ڽ‬Ζ‫ڴڴڴ‬￦
ￇ¨¨Ό￦￉¥·¬￦￙¥°©·￦Ϯￊ©´³·­¸￦­²￦ￚ¶¥²·­¸ϯ￦ ￦￦￦￦￦‫ڴڵ‬Ζ‫ڴڴڴ‬￦
ￇ¨®¹·¸©¨￦￈¥²¯￦￈¥°¥²§©￦ ￦ (B)￦ ￖ￦‫ڶڴڵ‬Ζ‫ڴڴڴ‬￦

Question No. 2
ￖ¹¶§¬¥·©·￦ ￖ￦‫ڴڼڸ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦ￛ²´¥­¨￦ￏ²º³­§©·￦ ￦￦￦‫ڴڶڵ‬Ζ‫ڴڴڴ‬￦
ￚ³¸¥°￦´¥½±©²¸￦ ￦ ￦ (A)￦ ￖ￦‫ڴںڷ‬Ζ‫ڴڴڴ‬￦

Question No. 3
ￓ©¶§¬¥²¨­·©￦ￏ²º©²¸³¶½Ζ￦¦©«­²²­²«￦ Ο￦
ￇ¨¨Ό￦ￖ¹¶§¬¥·©·￦ ￦￦￦‫ڴڼڸ‬Ζ‫ڴڴڴ‬￦
ￚ³¸¥°￦ￍ³³¨·￦ￇº¥­°¥¦°©￦ª³¶￦￙¥°©￦ ‫ڴڼڸ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦ￓ©¶§¬¥²¨­·©￦ￏ²º©²¸³¶½Ζ￦©²¨­²«￦ ￦￦￦￦￦‫ڴں‬Ζ‫ڴڴڴ‬￦
￉³·¸￦³ª￦ￍ³³¨·￦￙³°¨￦ ￦ (B)￦ ￖ￦‫ڴڶڸ‬Ζ‫ڴڴڴ‬￦

Question No. 4
￉³·¸￦³ª￦ￍ³³¨·￦￙³°¨￦ ￖ￦‫ڴڶڸ‬Ζ‫ڴڴڴ‬￦
ￊ­º­¨©¨￦¦½Ό￦ ￦￦￦￦￦￦￦￦￦￦‫ܫڹڻ‬￦
ￚ³¸¥°￦￙¥°©·￦ ￦ ￦ (C)￦ ￖ￦‫ڴںڹ‬Ζ‫ڴڴڴ‬￦

Question No. 5
ￇ§§³¹²¸©¨Ό￦ￇ¨®¹·¸©¨￦￈¥²¯￦￈¥°¥²§©￦ ￖ￦‫ڶڴڵ‬Ζ‫ڴڴڴ‬￦
ￇ§§³¹²¸¥¦­°­¸½Ό￦ ￦
￦￦ￏ²º©·¸±©²¸￦ ￦ ￦ ‫ڴڸڶ‬Ζ‫ڴڴڴ‬￦ ￦
￦￦ￖ￉ￌ￦Ϯ‫ںڵ‬Ζ‫ڴڴڸ‬Ο‫ڴڵ‬Ζ‫ڴڴڴ‬ϯ￦ ￦ ￦￦￦Ϯ‫ں‬Ζ‫ڴڴڸ‬ϯ￦ ￦
￦￦￈¥²¯￦ￒ³¥²￦Ϯ‫ڴڴڶ‬Ζ‫ڴڴڴ‬Ο‫ڴڸڵ‬Ζ‫ڴڴڴ‬ϯ￦ ￦Ϯ‫ڴں‬Ζ‫ڴڴڴ‬ϯ￦ ￦￦￦‫ڷڻڵ‬Ζ‫ڴڴں‬￦
￉¥·¬￦￙¬³¶¸¥«©￦ ￦ ￦ (B)￦ ￖ￦‫ڵڻ‬Ζ‫ڴڴں‬￦

SUMMARY OF ANSWERS:
‫ڵ‬Κ￦ B ‫ڶ‬Κ￦ A ‫ڷ‬Κ￦ B ‫ڸ‬Κ￦ C ‫ڹ‬Κ￦ B

￦

49
Chapter 10: Loans and Receivables

CHAPTER 10: LOANS AND RECEIVABLES

PROBLEM 10-1 Trade and other receivables
ￚ¶¥¨©￦ ￚ¶¥¨©￦¥²¨￦³¸¬©¶￦ ￔ³²§¹¶¶©²¸￦
￘©§©­º¥¦°©·￦ ¶©§©­º¥¦°©·￦ ￇ··©¸￦
‫ڵ‬￦ ‫ڻڻڶ‬Ζ‫ڴڴڴ‬￦ ‫ڻڻڶ‬Ζ‫ڴڴڴ‬￦ Ο￦
‫ڶ‬￦ ‫ڴڹڵ‬Ζ‫ڴڴڴ‬￦ ‫ڴڹڵ‬Ζ‫ڴڴڴ‬￦ Ο￦
‫ڷ‬￦ Ο￦ ‫ڴڵ‬Ζ‫ڴڴڴ‬￦ Ο
‫ڸ‬￦ Ο￦ ‫ڴڷ‬Ζ‫ڴڴڴ‬￦ Ο￦
‫ڹ‬￦ Ο￦ Ο￦ ‫ڴڵڵ‬Ζ‫ڴڴڴ‬￦
‫ں‬￦ Ο￦ ‫ڹڵ‬Ζ‫ڴڴڴ‬￦ Ο￦
‫ڻ‬￦ ‫ڴڻ‬Ζ‫ڴڴڴ‬ ‫ڴڻ‬Ζ‫ڴڴڴ‬￦ Ο
‫ڼ‬￦ Ο￦ ‫ڴڼ‬Ζ‫ڴڴڴ‬￦ ‫ڴڶڶ‬Ζ‫ڴڴڴ‬￦
‫ڽ‬￦
￦ ‫ڴڴڵ‬Ζ‫ڴڴڴ‬￦ ‫ڴڴڵ‬Ζ‫ڴڴڴ‬￦
￦ Ο￦￦
ￇ¨®¹·¸©¨￦¦¥°Κ￦ 597,000 1. C 732,000 2. C ‫ڴڷڷ‬Ζ‫ڴڴڴ‬￦

PROBLEM 10-2 Different Freight terms
Question No. 1
ￌￕ￈￦ￊ©·¸­²¥¸­³²Ζ￦ª¶©­«¬¸￦´¶©´¥­¨￦ ￦
ￏ²º³­§©￦´¶­§©￦³ª￦±©¶§¬¥²¨­·©￦·³°¨￦ ‫ڴڴڷ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦ￏ²º³­§©￦´¶­§©￦³ª￦±©¶§¬¥²¨­·©￦¶©¸¹¶²©¨￦ Ο￦
ￔ©¸￦­²º³­§©￦´¶­§©￦ ‫ڴڴڷ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό ￙¥°©· ¨­·§³¹²¸￦Ϯ‫ڴڴڷ‬Ζ‫ڴڴڴ‬￦¼￦‫ܫڶ‬ϯ￦ ‫ں‬Ζ‫ڴڴڴ‬
￉³°°©§¸­³² ¦©ª³¶©￦ª¶©­«¬¸￦ ‫ڸڽڶ‬Ζ‫ڴڴڴ‬
ￒ©··Ό￦ￌ¶©­«¬¸￦´¥½±©²¸￦Ο￦ￌￕ￈￦ￊ©·¸­²¥¸­³²Ζ￦ª¶©­«¬¸￦§³°°©§¸￦ Ο￦
ￇ¨¨Ό￦ￌ¶©­«¬¸￦´¥½±©²¸￦Ο￦ￌￕ￈￦·¬­´´­²«￦´³­²¸Ζ￦ª¶©­«¬¸￦´¶©´¥­¨￦ Ο￦
ￚ³¸¥°￦ￔ©¸￦￉¥·¬￦￉³°°©§¸­³² ￦ (B) 294,000

Question No. 2
ￌￕ￈￦ￊ©·¸­²¥¸­³²Ζ￦ª¶©­«¬¸￦§³°°©§¸ ￦
ￏ²º³­§©￦´¶­§©￦³ª￦±©¶§¬¥²¨­·©￦·³°¨￦ ‫ڴڴڷ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦ￏ²º³­§©￦´¶­§©￦³ª￦±©¶§¬¥²¨­·©￦¶©¸¹¶²©¨￦ Ο￦
ￔ©¸￦­²º³­§©￦´¶­§©￦ ‫ڴڴڷ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦￙¥°©· ¨­·§³¹²¸￦Ϯ‫ڴڴڷ‬Ζ‫ڴڴڴ‬￦¼￦‫ܫڶ‬ϯ￦ ‫ں‬Ζ‫ڴڴڴ‬
ￔ©¸￦ￖ¥½±©²¸￦¦©ª³¶©￦ª¶©­«¬¸￦ ‫ڸڽڶ‬Ζ‫ڴڴڴ‬
ￒ©··Ό￦ￌ¶©­«¬¸￦´¥½±©²¸￦Ο￦ￌￕ￈￦ￊ©·¸­²¥¸­³²Ζ￦ª¶©­«¬¸￦§³°°©§¸￦ ‫ڹ‬Ζ‫ڴڴڴ‬￦
ￇ¨¨Ό￦ￌ¶©­«¬¸￦´¥½±©²¸￦Ο￦ￌￕ￈￦·¬­´´­²«￦´³­²¸Ζ￦ª¶©­«¬¸￦´¶©´¥­¨￦ Ο￦
ￚ³¸¥°￦ￔ©¸￦￉¥·¬￦￉³°°©§¸­³²￦￦ (A)￦ 289,000
￦

Question No. 3
ￌￕ￈￦￙¬­´´­²«￦´³­²¸Ζ￦ª¶©­«¬¸￦´¶©´¥­¨￦ ￦
ￏ²º³­§©￦´¶­§©￦³ª￦±©¶§¬¥²¨­·©￦·³°¨ ‫ڴڴڷ‬Ζ‫ڴڴڴ‬
ￒ©··Ό￦ￏ²º³­§©￦´¶­§©￦³ª￦±©¶§¬¥²¨­·©￦¶©¸¹¶²©¨￦ Ο￦
ￔ©¸￦­²º³­§©￦´¶­§©￦ ‫ڴڴڷ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦￙¥°©· ¨­·§³¹²¸￦Ϯ‫ڴڴڷ‬Ζ‫ڴڴڴ‬￦¼￦‫ܫڶ‬ϯ￦ ‫ں‬Ζ‫ڴڴڴ‬
50
Chapter 10: Loans and Receivables

ￔ©¸￦￘©§©­´¸￦¦©ª³¶©￦ª¶©­«¬¸￦ ‫ڸڽڶ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό ￌ¶©­«¬¸￦´¥½±©²¸ Ο ￌￕ￈￦ￊ©·¸­²¥¸­³²Ζ￦ª¶©­«¬¸￦§³°°©§¸￦ Ο
ￇ¨¨Ό￦ￌ¶©­«¬¸￦´¥½±©²¸￦Ο￦ￌￕ￈￦·¬­´´­²«￦´³­²¸Ζ￦ª¶©­«¬¸￦´¶©´¥­¨￦ ‫ڹ‬Ζ‫ڴڴڴ‬￦
ￚ³¸¥°￦ￔ©¸￦￉¥·¬￦￉³°°©§¸­³²￦￦ (C)￦ 299,000

Question No. 4
ￌￕ￈￦￙¬­´´­²«￦´³­²¸Ζ￦ª¶©­«¬¸￦´¶©´¥­¨￦ ￦
ￏ²º³­§©￦´¶­§©￦³ª￦±©¶§¬¥²¨­·©￦·³°¨ ‫ڴڴڷ‬Ζ‫ڴڴڴ‬
ￒ©··Ό￦ￏ²º³­§©￦´¶­§©￦³ª￦±©¶§¬¥²¨­·©￦¶©¸¹¶²©¨￦ Ο￦
ￔ©¸￦­²º³­§©￦´¶­§©￦ ‫ڴڴڷ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦￙¥°©·￦¨­·§³¹²¸￦Ϯ‫ڴڴڷ‬Ζ‫ڴڴڴ‬￦¼￦‫ܫڶ‬ϯ￦ ‫ں‬Ζ‫ڴڴڴ‬￦
￉³°°©§¸­³²￦¦©ª³¶©￦ª¶©­«¬¸￦ ‫ڸڽڶ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό ￌ¶©­«¬¸￦´¥½±©²¸ Ο ￌￕ￈￦ￊ©·¸­²¥¸­³²Ζ￦ª¶©­«¬¸￦§³°°©§¸￦ Ο
ￇ¨¨Ό￦ￌ¶©­«¬¸￦´¥½±©²¸￦Ο￦ￌￕ￈￦·¬­´´­²«￦´³­²¸Ζ￦ª¶©­«¬¸￦´¶©´¥­¨￦ Ο￦
ￚ³¸¥°￦ￔ©¸￦￉¥·¬￦￉³°°©§¸­³²￦￦ (B)￦ 294,000
￦

SUMMARY OF ANSWERS:
‫ڵ‬Κ￦ B ‫ڶ‬Κ￦ A ‫ڷ‬Κ￦ C ‫ڸ‬Κ￦ B


PROBLEM 10-3 Gross method and Net method
ￒ­·¸￦´¶­§©￦ ￦ ￖ￦￦‫ڴڴڵ‬Ζ‫ڴڴڴ‬￦￦
ￒ©··Ό￦ￚ¶¥¨©￦¨­·§³¹²¸·￦ ￦ ￦
￦￦￦￦￦￦￦￦￦￦‫ܫڹڵ‬Ό￦Ϯ‫ڴڴڵ‬Ζ‫ڴڴڴ‬￦¼￦‫ܫڹڵ‬ϯ￦ ‫ڹڵ‬Ζ‫ڴڴڴ‬￦ ￦
￦￦￦￦￦￦￦￦￦￦‫ܫڴڶ‬Ό￦Ϯ‫ڴڴڵ‬Ζ‫ڴڴڴ‬￦ ￦‫ڹڵ‬Ζ‫ڴڴڴ‬ϯ￦¼￦‫ܫڴڶ‬￦ ￦￦￦￦￦￦￦‫ڻڵ‬Ζ‫ڴڴڴ‬￦￦ ￦￦￦￦￦￦￦‫ڶڷ‬Ζ‫ڴڴڴ‬￦￦
ￏ²º³­§©￦´¶­§©Ζ￦gross￦³ª￦¨­·§³¹²¸ (C)￦ ￦ ￦‫ڼں‬Ζ‫ڴڴڴ‬￦￦
ￒ©··Ό￦￙¥°©·￦¨­·§³¹²¸￦Ϯ‫ڼں‬Ζ‫ڴڴڴ‬￦¼￦‫ܫڷ‬ϯ￦ ￦ ￦￦￦￦￦￦￦￦￦‫ڶ‬Ζ‫ڴڸڴ‬￦￦
ￏ²º³­§©￦´¶­§©Ζ￦net￦³ª￦¨­·§³¹²¸￦ (D)￦ ￦ ￖ￦￦￦‫ڹں‬Ζ‫ڴںڽ‬￦￦
￦
SUMMARY OF ANSWERS:
‫ڵ‬Κ￦ C ‫ڶ‬Κ￦ D
￦
PROBLEM 10-4 Computation of Percentage of Bad Debts Expense
￦

CASE 1
￦ ￉¶©¨­¸￦￙¥°©·￦ ￇ§§³¹²¸·￦»¶­¸¸©²￦³ªª￦ ￘©§³º©¶­©·￦
‫ڹڵڴڶ‬￦ ￦
‫ںڵڴڶ‬￦ ￦￦￦￦￦‫ڶ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦ ￦￦￦￦￦￦￦￦‫ڴڸ‬Ζ‫ڴڴڴ‬￦￦ ￦￦￦￦￦‫ڴڶ‬Ζ‫ڴڴڴ‬￦
‫ڻڵڴڶ‬￦ ￦￦￦￦￦‫ڷ‬Ζ‫ڴڴڹ‬Ζ‫ڴڴڴ‬￦ ￦￦￦￦￦￦‫ڴڻڶ‬Ζ‫ڴڴڴ‬￦￦ ￦￦￦￦￦‫ڹڵ‬Ζ‫ڴڴڴ‬￦
￦ ￦￦￦￦￦￦￦￦￦￦￦￦‫ڻ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦ ￦￦￦￦￦￦￦￦￦‫ڴڷڷ‬Ζ‫ڴڴڴ‬￦￦ ￦￦￦￦￦￦￦￦￦￦￦‫ڴڹ‬Ζ‫ڴڴڴ‬￦
‫ڼڵڴڶ‬￦ ￦￦￦￦￦￦￦￦￦￦￦￦‫ڶ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦ ￦￦￦￦￦￦￦￦￦￦￦‫ڹں‬Ζ‫ڴڴڴ‬￦￦ ￦￦￦￦￦￦￦￦￦￦￦‫ڴڷ‬Ζ‫ڴڴڴ‬￦
￦ ￦￦￦￦￦￦￦￦￦‫ڽ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦ ￦￦￦￦￦￦￦￦￦‫ڹڽڷ‬Ζ‫ڴڴڴ‬￦￦ ￦￦￦￦￦￦￦￦￦￦￦‫ڴڼ‬Ζ‫ڴڴڴ‬￦
‫ڽڵڴڶ‬￦ ￦￦￦￦￦￦￦￦￦￦￦￦‫ڷ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦ ￦￦￦￦￦￦￦￦￦‫ڹڼ‬Ζ‫ڴڴڴ‬￦￦ ￦￦￦￦￦￦￦￦￦￦￦‫ڴڸ‬Ζ‫ڴڴڴ‬￦
￦ ￦￦￦￦￦￦￦￦￦‫ڶڵ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦ ￦￦￦￦￦￦￦￦￦‫ڴڼڸ‬Ζ‫ڴڴڴ‬￦￦ ￦￦￦￦￦￦￦￦￦‫ڴڶڵ‬Ζ‫ڴڴڴ‬￦
Question No. 1

51
Chapter 10: Loans and Receivables

ￇ§§³¹²¸·￦»¶­¸¸©²￦³ªª￦minus￦￘©§³º©¶­©·
ￖ©¶§©²¸¥«© ‫ ܥ‬
ￚ³¸¥°￦§¶©¨­¸￦·¥°©·
￦

ￚ³¸¥°￦½©¥¶·￦ª¶³±￦‫ڹڵڴڶ‬￦¸³￦‫ڽڵڴڶ‬Ό￦
‫ڴڼڸ‬Ζ‫ڴڴڴ‬￦-￦ ‫ڴڶڵ‬Ζ‫ ڴڴڴ‬
ￖ©¶§©²¸¥«© ‫ ܥ‬
‫ڶڵ‬Ζ‫ڴڴڴ‬Ζ‫ ڴڴڴ‬
￦

ￖ©¶§©²¸¥«©￦‫ܥ‬￦3.00 %￦
￦
Question No. 2
￈¥¨￦¨©¦¸·￦©¼´©²·©￦ ‫ܥ‬￦‫ܫڷ‬￦¼￦ ‫ڷ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
￦ ￦ ￦ ‫ܥ‬￦ 90,000￦
￦
Question No. 3
Allowance for Bad debts
￝¶­¸©￦³ªª ￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦‫ڹڼ‬Ζ‫ڴڴڴ‬￦ ￦￦￦￦￦￦￦￦￦‫ڴڴڸ‬Ζ‫ڴڴڴ‬￦ ￈©«Κ￦￈¥°¥²§©￦
￈¥°¥²§©￦©²¨￦(squeeze)￦ ￦￦￦￦￦￦￦￦￦￦￦￦￦445,000 ￦￦￦￦￦￦￦￦￦￦￦‫ڴڽ‬Ζ‫ڴڴڴ‬￦ ￈¥¨￦¨©¦¸·￦©¼´￦
￦ ￦￦￦￦￦￦￦￦￦￦￦‫ڴڸ‬Ζ‫ڴڴڴ‬￦ ￘©§³º©¶½￦
￦￦ ￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦‫ڴڶڹ‬Ζ‫ڴڴڴ‬￦ ￦￦￦￦￦￦￦￦￦‫ڴڶڹ‬Ζ‫ڴڴڴ‬￦ ￦￦
￦
CASE 2
Question No.4
ￇ§§³¹²¸·￦»¶­¸¸©²￦³ªª￦minus￦￘©§³º©¶­©·
ￖ©¶§©²¸¥«© ‫ ܥ‬
ￚ³¸¥°￦§¶©¨­¸￦·¥°©·
￦

ￚ³¸¥°￦½©¥¶·￦ª¶³±￦‫ڹڵڴڶ‬￦¸³￦‫ڻڵڴڶ‬￦Ϯ½©¥¶·￦·¬³¹°¨￦©¼§°¹¨©￦¸¬©￦°¥·¸￦¸»³￦½©¥¶·ϯΌ￦
‫ڴڷڷ‬Ζ‫ڴڴڴ‬￦-￦ ‫ڴڹ‬Ζ‫ ڴڴڴ‬
ￖ©¶§©²¸¥«© ‫ ܥ‬
‫ڻ‬Ζ‫ڴڴڴ‬Ζ‫ ڴڴڴ‬
￦

ￖ©¶§©²¸¥«©￦‫ܥ‬￦4 %￦
￦
Question No. 5
￈¥¨￦¨©¦¸·￦©¼´©²·©￦ ‫ܥ‬￦‫ܫڸ‬￦¼￦ￖ‫ڷ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
￦ ￦ ￦ ‫ܥ‬￦ 0,000￦

Question No. 6
￦ ￉¶©¨­¸￦￙¥°©·￦ ￈ￊ￦©¼´￦ ￘©§³º©¶­©·￦ ￝¶­¸©Ο³ªª￦ ￔ©¸￦ￇ￈￦
‫ڼڵڴڶ‬￦ ‫ڶ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦ ‫ڴڼ‬Ζ‫ڴڴڴ‬￦ ‫ڹں‬Ζ‫ڴڴڴ‬￦ ‫ڴڷ‬Ζ‫ڴڴڴ‬￦ ‫ڹڵڵ‬Ζ‫ڴڴڴ‬￦
‫ڽڵڴڶ‬￦ ‫ڷ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬ ‫ڴڶڵ‬Ζ‫ڴڴڴ‬ ‫ڹڼ‬Ζ‫ڴڴڴ‬￦ ‫ڴڸ‬Ζ‫ڴڴڴ‬ ‫ڹںڵ‬Ζ‫ڴڴڴ‬￦
￦ ￦ ￦ ￦ￇ°°³»¥²§©￦ª³¶￦￈ￊ (D)￦ 280,000
￦
CASE 3
Question No. 7
ￖ©¶§©²¸¥«©￦³ª￦¦¥¨￦ ￇ§§³¹²¸·￦»¶­¸¸©²￦³ªª￦minus￦￘©§³º©¶­©·
‫ ܥ‬
¨©¦¸·￦¸³￦ￇ￘ ￚ³¸¥°￦§¶©¨­¸￦·¥°©·
￦
ￚ³¸¥°￦½©¥¶·￦ª¶³±￦‫ڹڵڴڶ‬￦¸³￦‫ڼڵڴڶ‬Ό￦
52
Chapter 10: Loans and Receivables

ￖ©¶§©²¸¥«©￦³ª￦¦¥¨￦ ‫ڹڽڷ‬Ζ‫ڴڴڴ‬￦-￦ ‫ڴڼ‬Ζ‫ ڴڴڴ‬

‫ ܥ‬
¨©¦¸·￦¸³￦ￇ￘￦ ‫ڽ‬Ζ‫ڴڴڴ‬Ζ‫ ڴڴڴ‬
￦

ￖ©¶§©²¸¥«©￦‫ܥ‬￦3.5%￦
￦

ￖ©¶§©²¸¥«©￦³ª￦¦¥¨￦ ￇ§§³¹²¸·￦»¶­¸¸©²￦³ªª￦minus￦￘©§³º©¶­©·
‫ ܥ‬
¨©¦¸·￦¸³￦ￇ￘ ￚ³¸¥°￦§¶©¨­¸￦·¥°©·
￦

ￚ³¸¥°￦½©¥¶·￦ª¶³±￦‫ڹڵڴڶ‬￦¸³￦‫ڽڵڴڶ‬Ό￦
ￖ©¶§©²¸¥«©￦³ª￦¦¥¨￦ ‫ڴڼڸ‬Ζ‫ڴڴڴ‬￦-
‫ ܥ‬
¨©¦¸·￦¸³￦ￇ￘ ‫ڶڵ‬Ζ‫ڴڴڴ‬Ζ‫ ڴڴڴ‬
￦

ￖ©¶§©²¸¥«©￦‫ܥ‬￦3 %￦
￦
Question Nos. 8 and 9
￦￦ ￇ°°³»¥²§©￦ª³¶￦￈¥¨￦¨©¦¸·￦ ￦￦
￈¥°¥²§©￦©²¨￦ ￈©«Κ￦￈¥°¥²§©￦
Ϯ‫ڷ‬Ζ‫ڴڴڸ‬Ζ‫ڴڴڴ‬￦¼￦‫ܫڷ‬ϯ￦ ‫ڶڴڵ‬Ζ‫ڴڴڴ‬￦ ‫ڹڴڵ‬Ζ‫ڴڴڴ‬￦ Ϯ‫ڷ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦¼￦‫ڷ‬Κ‫ܫڹ‬ϯ￦
￝¶­¸©￦³ªª ‫ڹڼ‬Ζ‫ڴڴڴ‬ (D) 42,000 ￈¥¨￦¨©¦¸·￦©¼´￦(squeeze)￦
￦ ‫ڴڸ‬Ζ‫ڴڴڴ‬￦ ￘©§³º©¶½￦
￦￦ ‫ڻڼڵ‬Ζ‫ڴڴڴ‬￦ ‫ڻڼڵ‬Ζ‫ڴڴڴ‬￦ ￦￦
￦
SUMMARY OF ANSWERS:
Case 1 Case 2 Case 3
‫ڵ‬Κ B ‫ڸ‬Κ D ‫ڻ‬Κ C
‫ڶ‬Κ B ‫ڹ‬Κ D ‫ڼ‬Κ D
‫ڷ‬Κ B ‫ں‬Κ D ‫ڽ‬Κ C￦
￦
￦
PROBLEM 10-5 Aging Based on Outstanding Receivables
￦

Question No. 1
Categories Uncollectible
Balance
(No. of Days) Percent Amount
‫ڴ‬Ο‫ڴڷ‬￦¨¥½· ‫ڴڴڹ‬Ζ‫ڴڴڴ‬ ‫ܫڶ‬￦ ‫ڴڵ‬Ζ‫ڴڴڴ‬
‫ڵڷ‬Ο‫ڴں‬￦¨¥½·￦ ‫ڴڴں‬Ζ‫ڴڴڴ‬￦ ‫ܫڷ‬￦ ‫ڼڵ‬Ζ‫ڴڴڴ‬￦
‫ڵں‬Ο‫ڴڽ‬￦¨¥½·￦ ‫ڴڹڻ‬Ζ‫ڴڴڴ‬￦ ‫ܫڹ‬￦ ‫ڻڷ‬Ζ‫ڴڴڹ‬￦
³º©¶￦‫ڵڽ‬￦¨¥½· ‫ڴڴڷ‬Ζ‫ڴڴڴ‬ ‫ܫڴڵ‬￦ ‫ڴڷ‬Ζ‫ڴڴڴ‬
ￚ³¸¥°· ‫ڶ‬Ζ‫ڴڹڵ‬Ζ‫ڴڴڴ‬ ‫ڹڽ‬Ζ‫ڴڴڹ‬
￦

Allowance for Bad debts

￈¥°¥²§©￦©²¨￦
Ϯ·©©￦¥¦³º©￦¸¥¦°©ϯ￦ ‫ڹڽ‬Ζ‫ڴڴڹ‬￦ ‫ڴڸ‬Ζ‫ڴڴڴ‬￦ ￈©«Κ￦¦¥°¥²§©￦
￝¶­¸©￦³ªª￦ ￦ ‫ڶڵ‬Ζ‫ڴڴڴ‬￦ ￘©§³º©¶­©·￦
Ϯ‫ڷڶ‬Ζ‫ڴڴڵܩڴڴڴ‬Ζ‫ڴڴڴ‬ϯ￦ ‫ڷڶڵ‬Ζ‫ڴڴڴ‬￦ 166,500 ￈¥¨￦¨©¦¸·￦©¼´￦(squeeze)￦
￦￦ ‫ڼڵڶ‬Ζ‫ڴڴڹ‬￦ ‫ڼڵڶ‬Ζ‫ڴڴڹ‬￦ ￦￦
￦

Question No. 2

53
Chapter 10: Loans and Receivables

ￇ§§³¹²¸·￦¶©§©­º¥¦°©Ζ￦©²¨￦Ϯ·©©￦¥¦³º©￦¸¥¦°©ϯ￦ ￦￦￦￦￦‫ڶ‬Ζ‫ڴڹڵ‬Ζ‫ڴڴڴ‬￦￦
ￒ©··Ό ￇ°°³»¥²§©￦ª³¶￦¨³¹¦¸ª¹°￦¥§§³¹²¸·Ζ￦©²¨￦ ￦￦￦￦￦￦￦￦￦￦￦‫ڹڽ‬Ζ‫ڴڴڹ‬￦￦
ￔ©¸￦￘©¥°­¾¥¦°©￦ￜ¥°¹© ￦￦￦￦￦2,054,500
￦

SUMMARY OF ANSWERS:
‫ڵ‬Κ A ‫ڶ‬Κ A
￦
￦
PROBLEM 10-6 Aging Based On Days Past Due￦
Question No. 1
Overdue accounts % uncollectible Balance Allowance
ￌ³¶￦°©··￦¸¬¥²￦‫ڵڷ‬￦¨¥½·￦ ‫ڹ‬Κ‫ܫڴڴ‬￦ ￦￦￦￦￦￦￦￦￦‫ڴڴڷ‬Ζ‫ڴڴڴ‬￦￦ ￦￦￦￦￦￦￦￦￦‫ڹڵ‬Ζ‫ڴڴڴ‬￦￦
ￌ¶³±￦‫ڵڷ‬Ο‫ڴں‬￦¨¥½·￦ ‫ں‬Κ‫ܫڴڴ‬￦ ￦￦￦￦￦￦￦￦￦‫ڴڶڶ‬Ζ‫ڴڴڴ‬￦￦ ￦￦￦￦￦￦￦￦￦‫ڷڵ‬Ζ‫ڴڴڶ‬￦￦
ￌ¶³±￦‫ڵں‬Ο‫ڴڽ‬￦¨¥½·￦ ‫ڼ‬Κ‫ܫڴڴ‬￦ ￦￦￦￦￦￦￦￦￦‫ڴڹڵ‬Ζ‫ڴڴڴ‬￦￦ ￦￦￦￦￦￦￦￦￦‫ڶڵ‬Ζ‫ڴڴڴ‬￦￦
ￌ¶³±￦‫ڵڽ‬Ο‫ڴڶڵ‬￦¨¥½·￦ ‫ڹڵ‬Κ‫ܫڴڴ‬￦ ￦￦￦￦￦￦￦￦￦￦￦‫ڴں‬Ζ‫ڴڴڴ‬￦￦ ￦￦￦￦￦￦￦￦￦￦￦‫ڽ‬Ζ‫ڴڴڴ‬￦￦
ￌ³¶￦³º©¶￦‫ڵڶڵ‬￦¨¥½·￦ ‫ڴڶ‬Κ‫ܫڴڴ‬￦ ￦ ￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦Ο￦￦￦
￘©µ¹­¶©¨￦¥°°³»¥²§©￦ª³¶￦¨³¹¦¸ª¹°￦¥§§³¹²¸·￦ 49,200
￦

Question No. 2
Allowance for Bad debts
￈¥°¥²§©￦©²¨￦ ‫ڽڸ‬Ζ‫ڴڴڶ‬￦ ‫ڴڶ‬Ζ‫ڴڴڴ‬￦ ￈©«Κ￦¦¥°¥²§©￦
29,200 ￈¥¨￦¨©¦¸·￦©¼´￦(squeeze)
￦ ‫ڼڹڵ‬Ζ‫ڴڴڴ‬ ‫ڼڹڵ‬Ζ‫ ڴڴڴ‬￦

SUMMARY OF ANSWERS:
‫ڵ‬Κ￦ A ‫ڶ‬Κ￦ A


PROBLEM 10-7 Interest-bearing Note with Realistic Interest Rate
￦

Requirement No. 1
Є￙©°°­²«￦´¶­§©￦ ￦ ￖ￦￦‫ڴڴڵ‬Ζ‫ڴڴڴ‬￦￦
ￒ©··Ό￦￉¥¶¶½­²«￦¥±³¹²¸￦³ª￦±¥§¬­²©¶½ ￦
￦￦￦￦￦￦￦￦￦￦￉³·¸￦ ‫ڴڴڹ‬Ζ‫ڴڴڴ‬￦ ￦
￦￦￦￦￦￦￦￦￦￦ￒ©··Ό￦ￇ§§¹±¹°¥¸©¨￦¨©´¶©§­¥¸­³²￦ ￦￦￦￦￦‫ڴڹڷ‬Ζ‫ڴڴڴ‬￦ ￦￦￦￦￦‫ڴڹڵ‬Ζ‫ڴڴڴ‬￦￦
ￒ³··￦³²￦·¥°© (P 50,000)
*Note: ￚ¬©￦·©°°­²«￦´¶­§©￦­·￦©µ¹¥°￦¸³￦¸¬©￦ª¥§©￦¥±³¹²¸Ζ￦»¬­§¬￦­·￦°­¯©»­·©￦©µ¹¥°￦¸³￦
¸¬©￦´¶©·©²¸￦º¥°¹©￦³ª￦¸¬©￦²³¸©￦·­²§©￦¸¬©￦²³¸©￦¦©¥¶·￦¥²￦¥²²¹¥°￦­²¸©¶©·¸￦¶¥¸©￦¸¬¥¸￦­·￦
·­±­°¥¶￦»­¸¬￦¸¬©￦±¥¶¯©¸￦¶¥¸©Κ￦￦
￦
Requirement No. 2 ￦
ￏ²¸©¶©·¸￦­²§³±©￦‫ܥ‬￦Ϯ‫ڴڴڵ‬Ζ‫ڴڴڴ‬￦¼￦‫ܫڴڵ‬ϯ￦‫ܥ‬￦P10,000￦
￦

54
Chapter 10: Loans and Receivables

Requirement No. 3
ZeroΚ￦ ￚ¬©￦ ´¶­²§­´¥°￦ ¥±³¹²¸￦ ­·￦ §³°°©§¸­¦°©￦ ¦©½³²¨￦ ³²©￦ ½©¥¶￦ ª¶³±￦ ¸¬©￦ ¶©´³¶¸­²«￦
¨¥¸©￦¥²¨￦¸¬¹·Ζ￦¶©´³¶¸©¨￦¥·￦²³²Ο§¹¶¶©²¸Κ￦
￦
Requirement No. 4
P100,000Κ￦ ￚ¬©￦ ©²¸­¶©￦ ´¶­²§­´¥°￦ ¥±³¹²¸￦ ³ª￦ ²³¸©·￦ ¶©§©­º¥¦°©￦ ­·￦ ¸¶©¥¸©¨￦ ¥·￦
²³²§¹¶¶©²¸￦¥··©¸￦·­²§©￦­¸￦­·￦§³°°©§¸­¦°©￦¦©½³²¨￦³²©￦½©¥¶￦ª¶³±￦¸¬©￦¶©´³¶¸­²«￦¨¥¸©Κ￦
￦

Journal entries are as follows:

‫ڵڴ‬ϑ‫ڵڴ‬ϑ‫ ڼڵڴڶ‬ￔ³¸©·￦¶©§©­º¥¦°© ‫ڴڴڵ‬Ζ‫ڴڴڴ‬￦
￦ ￇ§§¹±¹°¥¸©¨￦¨©´¶©§­¥¸­³²￦ ‫ڴڹڷ‬Ζ‫ڴڴڴ‬￦ ￦
￦ ￒ³··￦³²￦·¥°©￦ ‫ڴڹ‬Ζ‫ڴڴڴ‬￦ ￦
￦ ￦￦￦ ￓ¥§¬­²©¶½￦ ￦ ‫ڴڴڹ‬Ζ‫ڴڴڴ‬
؊￦ ￦ ￦ ￦

‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ ڼڵڴڶ‬￉¥·¬￦ ‫ڴڵ‬Ζ‫ڴڴڴ‬￦

￦ ￦￦￦￦ￏ²¸©¶©·¸￦­²§³±©￦ ￦ ‫ڴڵ‬Ζ‫ڴڴڴ‬￦


PROBLEM 10-8 Interest-bearing Note with Unrealistic Interest Rate,
Interest Is Payable Annually, One-Time Collection of Principal
￦

Question No. 1
ￖ¶©·©²¸￦º¥°¹©￦³ª￦´¶­²§­´¥°￦Ϯ‫ڶ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦¼￦‫ڴ‬Κ‫ڼڵڵڻ‬ϯ￦ ￦ ￖ￦‫ڵ‬Ζ‫ڷڶڸ‬Ζ‫ڴڴں‬￦
ￇ¨¨Ό￦ￖ¶©·©²¸￦º¥°¹©￦³ª￦­²¸©¶©·¸￦´¥½±©²¸·￦
￦￦￦￦￦￦￦￦￦Ϯ‫ڶ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦¼￦‫ܫڴڵ‬￦¼￦‫ڶ‬Κ‫ڼڵڴڸ‬ϯ￦ ￦ ￦￦￦￦￦￦￦‫ڴڼڸ‬Ζ‫ںںڷ‬￦
ￚ³¸¥°￦´¶©·©²¸￦º¥°¹©￦ϑ￦￙©°°­²«￦´¶­§© ￦ ‫ڵ‬Ζ‫ڷڴڽ‬Ζ‫ںںڽ‬￦
ￒ©··Ό￦￉¥¶¶½­²«￦¥±³¹²¸￦³ª￦±¥§¬­²©¶½￦ ￦ ￦
￦￦￦￦￦￦￦￦￦￦￉³·¸￦ ‫ڵ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦ ￦
￦￦￦￦￦￦￦￦￦￦￦ￒ©··Ό￦ￇ§§¹±¹°¥¸©¨￦¨©´¶©§­¥¸­³²￦ ￦￦￦￦￦‫ڴڹڵ‬Ζ‫ڴڴڴ‬￦￦ ￦￦￦￦￦￦￦‫ڴڹڼ‬Ζ‫ڴڴڴ‬￦
ￍ¥­²￦³²￦·¥°©￦ ￦ P1,053,966
￦
Question Nos. 2 to 5
ￇ±³¶¸­¾¥¸­³²￦¸¥¦°©￦
Date Interest Interest Discount Carrying
Collections
￦ Income Amortization
￦ amount
‫ڵڴ‬ϑ‫ڵڴ‬ϑ‫ڼڵڴڶ‬￦ ‫ڵ‬Ζ‫ڷڴڽ‬Ζ‫ڴںڽ‬￦
‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ڼڵڴڶ‬ ‫ڴڴڶ‬Ζ‫ڴڴڴ‬ 228,475 ‫ڼڶ‬Ζ‫ڹڻڸ‬￦ 1,932,435
‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ڽڵڴڶ‬ ‫ڴڴڶ‬Ζ‫ڴڴڴ‬ ‫ڵڷڶ‬Ζ‫ڶڽڼ‬ ‫ڵڷ‬Ζ‫ڶڽڼ‬￦ ‫ڵ‬Ζ‫ڸںڽ‬Ζ‫ڻڶڷ‬￦
‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ڴڶڴڶ‬￦ ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦ ‫ڹڷڶ‬Ζ‫ڸڴڻ‬￦ ‫ڹڷ‬Ζ‫ڶڻں‬￦ ‫ڶ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
￦

ￚ¬©￦¸³¸¥°￦¥±³¹²¸￦³ª￦‫ڵ‬Ζ‫ڶڷڽ‬Ζ‫ڹڷڸ‬￦­·￦¶©´³¶¸©¨￦¥·￦noncurrent receivable￦·­²§©￦­¸￦­·￦
¨¹©￦¸³￦¦©￦§³°°©§¸©¨￦¦©½³²¨￦¸»©°º©￦±³²¸¬·￦ª¶³±￦¸¬©￦©²¨￦³ª￦¸¬©￦¶©´³¶¸­²«￦´©¶­³¨Κ￦
￦

SUMMARY OF ANSWERS:
‫ڵ‬Κ￦ B ‫ڶ‬Κ￦ B ‫ڷ‬Κ￦ A ‫ڸ‬Κ￦ A ‫ڹ‬Κ￦ C

55
Chapter 10: Loans and Receivables

PROBLEM 10-9 Interest-bearing Note with Unrealistic Interest Rate,

Interest Is Payable Semi-Annually, One-Time Collection of Principal
￦

Question No. 1
ￖ¶©·©²¸￦º¥°¹©￦³ª￦´¶­²§­´¥°￦Ϯ‫ڶ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦¼￦‫ڴ‬Κ‫ڴڹڴڻ‬ϯ￦ ￦ ￖ￦‫ڵ‬Ζ‫ڴڵڸ‬Ζ‫ڴڴڴ‬￦
ￇ¨¨Ό￦ￖ¶©·©²¸￦º¥°¹©￦³ª￦­²¸©¶©·¸￦´¥½±©²¸·￦
￦￦￦￦￦￦￦￦￦Ϯ‫ڶ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦¼￦‫ܫڹ‬￦¼￦‫ڸ‬Κ‫ڷڻڵڽ‬ϯ￦ ￦ ￦￦￦￦￦￦￦‫ڵڽڸ‬Ζ‫ڴڷڻ‬￦
ￚ³¸¥°￦´¶©·©²¸￦º¥°¹©￦ϑ￦￙©°°­²«￦´¶­§©￦ ￦ ‫ڵ‬Ζ‫ڵڴڽ‬Ζ‫ڴڷڻ‬￦
ￒ©··Ό￦￉¥¶¶½­²«￦¥±³¹²¸￦³ª￦±¥§¬­²©¶½ ￦
￦￦￦￦￦￦￦￦￦￦￉³·¸￦ ‫ڵ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦ ￦
￦￦￦￦￦￦￦￦￦￦￦ￒ©··Ό￦ￇ§§¹±¹°¥¸©¨￦¨©´¶©§­¥¸­³²￦ ￦￦￦￦￦‫ڴڹڵ‬Ζ‫ڴڴڴ‬￦￦ ￦￦￦￦￦￦￦‫ڴڹڼ‬Ζ‫ڴڴڴ‬￦
ￍ¥­²￦³²￦·¥°©￦ ￦ P1,051,730

Amortization table
Date Interest Interest Discount Carrying
Collections
￦ Income Amortization
￦ amount
‫ڵڴ‬ϑ‫ڵڴ‬ϑ‫ڼڵڴڶ‬ ‫ڵ‬Ζ‫ڵڴڽ‬Ζ‫ڴڷڻ‬￦
‫ڻڴ‬ϑ‫ڵڷ‬ϑ‫ڼڵڴڶ‬￦ ‫ڴڴڵ‬Ζ‫ڴڴڴ‬￦ 114,104 ‫ڸڵ‬Ζ‫ڸڴڵ‬￦ ‫ڵ‬Ζ‫ڹڵڽ‬Ζ‫ڸڷڼ‬￦
‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ڼڵڴڶ‬￦ ‫ڴڴڵ‬Ζ‫ڴڴڴ‬￦ 114,950 ‫ڸڵ‬Ζ‫ڴڹڽ‬￦ 1,930,784
‫ڻڴ‬ϑ‫ڵڷ‬ϑ‫ڽڵڴڶ‬￦ ‫ڴڴڵ‬Ζ‫ڴڴڴ‬￦ ‫ڹڵڵ‬Ζ‫ڻڸڼ‬￦ ‫ڹڵ‬Ζ‫ڹڵڼ‬￦ ‫ڵ‬Ζ‫ںڸڽ‬Ζ‫ڽڽڹ‬￦
‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ڽڵڴڶ‬￦ ‫ڴڴڵ‬Ζ‫ڴڴڴ‬￦ ‫ںڵڵ‬Ζ‫ںڽڻ‬￦ ‫ںڵ‬Ζ‫ںڽڻ‬￦ ‫ڵ‬Ζ‫ڷںڽ‬Ζ‫ڹڽڷ‬￦
‫ڻڴ‬ϑ‫ڵڷ‬ϑ‫ڴڶڴڶ‬￦ ‫ڴڴڵ‬Ζ‫ڴڴڴ‬￦ ‫ڻڵڵ‬Ζ‫ڸڴڼ‬￦ ‫ڻڵ‬Ζ‫ڸڴڼ‬￦ ‫ڵ‬Ζ‫ڵڼڽ‬Ζ‫ڼڽڵ‬￦
‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ڴڶڴڶ‬￦ ‫ڴڴڵ‬Ζ‫ڴڴڴ‬￦ ‫ڼڵڵ‬Ζ‫ڶڴں‬￦ ‫ڼڵ‬Ζ‫ڶڴڼ‬￦ ‫ڶ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦

Question No. 2
ￏ²¸©¶©·¸￦­²§³±©￦¹´￦¸³￦‫ڻڴ‬ϑ‫ڵڷ‬ϑ‫ڼڵڴڶ‬￦ ‫ڸڵڵ‬Ζ‫ڸڴڵ‬￦
ￏ²¸©¶©·¸￦­²§³±©￦¹´￦¸³￦‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ڼڵڴڶ‬￦ ‫ڸڵڵ‬Ζ‫ڴڹڽ‬
ￚ³¸¥°￦­²¸©¶©·¸￦­²§³±© 229,054
￦
Question No. 3
1,930,784. ￙©©￦¥±³¶¸­¾¥¸­³²￦¸¥¦°©￦¥¦³º©Κ
￦
Question No.s 4 and 5
ￚ¬©￦¸³¸¥°￦¥±³¹²¸￦³ª￦‫ڵ‬Ζ‫ڶڷڽ‬Ζ‫ڹڷڸ‬￦­·￦¶©´³¶¸©¨￦¥·￦noncurrent receivable￦·­²§©￦­¸￦­·￦
¨¹©￦¸³￦¦©￦§³°°©§¸©¨￦¦©½³²¨￦¸»©°º©￦±³²¸¬·￦ª¶³±￦¸¬©￦©²¨￦³ª￦¸¬©￦¶©´³¶¸­²«￦´©¶­³¨Κ￦
￦
SUMMARY OF ANSWERS:
‫ڵ‬Κ￦ B ‫ڶ‬Κ￦ B ‫ڷ‬Κ￦ B ‫ڸ‬Κ￦ A ‫ڹ‬Κ￦ D

56
Chapter 10: Loans and Receivables

PROBLEM 10-10 Interest-bearing Note with Unrealistic Interest Rate,

Uniform Collection of Principal

Question No. 1
￉³±´¹¸¥¸­³²￦³ª￦´¶©·©²¸￦º¥°¹©￦³ª￦¥°°￦´¥½±©²¸·Ό￦
Present Interest Total
Principal Total PV
value factor collections collections
‫ڴ‬Κ‫ڽڶڽڼ‬￦ ‫ڴڴں‬Ζ‫ڴڴڴ‬￦ ‫ڴڼڵ‬Ζ‫ڴڴڴ‬￦ ‫ڴڼڻ‬Ζ‫ڴڴڴ‬￦ ‫ںڽں‬Ζ‫ڶںڸ‬￦
‫ڴ‬Κ‫ڶڻڽڻ‬￦ ‫ڴڴں‬Ζ‫ڴڴڴ‬ ‫ڴڶڵ‬Ζ‫ڴڴڴ‬ ‫ڴڶڻ‬Ζ‫ڴڴڴ‬ ‫ڷڻڹ‬Ζ‫ڸڼڽ‬￦
‫ڴ‬Κ‫ڼڵڵڻ‬￦ ‫ڴڴں‬Ζ‫ڴڴڴ‬￦ ‫ڴں‬Ζ‫ڴڴڴ‬￦ ‫ڴںں‬Ζ‫ڴڴڴ‬￦ ‫ڽںڸ‬Ζ‫ڼڼڻ‬￦
ￚ³¸¥°￦´¶©·©²¸￦º¥°¹©￦ ‫ڵ‬Ζ‫ڴڸڻ‬Ζ‫ڸڷڶ‬￦
￦

ￚ³¸¥°￦´¶©·©²¸￦º¥°¹©￦ϑ￦￙©°°­²«￦´¶­§©￦ ￦ ‫ڵ‬Ζ‫ڴڸڻ‬Ζ‫ڸڷڶ‬￦
ￒ©··Ό￦￉¥¶¶½­²«￦¥±³¹²¸￦³ª￦±¥§¬­²©¶½￦ ￦ ￦
￦￦￦￦￦￦￦￦￦￦￉³·¸￦ ‫ڵ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬
￦￦￦￦￦￦￦￦￦￦￦ￒ©··Ό￦ￇ§§¹±¹°¥¸©¨￦¨©´¶©§­¥¸­³²￦ ￦￦￦￦￦‫ڴڹڵ‬Ζ‫ڴڴڴ‬￦ ￦￦￦￦￦￦￦‫ڴڹڼ‬Ζ‫ڴڴڴ‬￦
ￍ¥­²￦³²￦·¥°©￦ ￦ P890,234
￦

Amortization table
Interest Interest Amortizatio Principal Carrying
Date
Collections
￦ Income n
￦ collections amount
‫ڵڴ‬ϑ‫ڵڴ‬ϑ‫ڼڵ‬￦ ‫ڵ‬Ζ‫ڴڸڻ‬Ζ‫ڸڷڶ‬￦
‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ڼڵ‬ ‫ڴڼڵ‬Ζ‫ڴڴڴ‬ ‫ڼڴڶ‬Ζ‫ڼڶڼ‬ ‫ڼڶ‬Ζ‫ڼڶڼ‬￦ ‫ڴڴں‬Ζ‫ڴڴڴ‬￦ ‫ڵ‬Ζ‫ڽںڵ‬Ζ‫ڶںڴ‬￦
‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ڽڵ‬ ‫ڴڶڵ‬Ζ‫ڴڴڴ‬ ‫ڴڸڵ‬Ζ‫ڻڼڶ‬ ‫ڴڶ‬Ζ‫ڻڼڶ‬￦ ‫ڴڴں‬Ζ‫ڴڴڴ‬￦ ‫ڽڼڹ‬Ζ‫ڴڹڷ‬￦
‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ڴڶ‬ ‫ڴں‬Ζ‫ڴڴڴ‬ ‫ڴڻ‬Ζ‫ڵڹں‬ ‫ڴڵ‬Ζ‫ڵڹں‬￦ ‫ڴڴں‬Ζ‫ڴڴڴ‬￦ Ο￦

Question No. 2
208,828.￦￙©©￦¥±³¶¸­¾¥¸­³²￦¸¥¦°©￦¥¦³º©Κ￦
￦
Question No. 3
1,169,062. ￙©©￦¥±³¶¸­¾¥¸­³²￦¸¥¦°©￦¥¦³º©Κ
￦
Question No. 4
ￖ¶­²§­´¥°￦§³°°©§¸­³²·￦ ￦‫ڽڵڴڶ‬￦ ‫ڴڴں‬Ζ‫ڴڴڴ‬
ￒ©··Ό￦ￇ±³¶¸­¾¥¸­³²￦ ￦‫ڽڵڴڶ‬￦ ‫ڴڶ‬Ζ‫ڻڼڶ‬￦
￉¹¶¶©²¸￦´³¶¸­³²￦ ￦‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ڼڵڴڶ‬￦ 579,713

Question No. 4
￉¥¶¶½­²«￦º¥°¹©￦ ￦‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ڼڵڴڶ‬￦ ‫ڵ‬Ζ‫ڽںڵ‬Ζ‫ڶںڴ‬￦
ￒ©··Ό￦￉¹¶¶©²¸￦´³¶¸­³²￦ ￦‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ڼڵڴڶ‬￦ ‫ڽڻڹ‬Ζ‫ڷڵڻ‬￦
ￔ³²Ο§¹¶¶©²¸￦´³¶¸­³²￦ ￦‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ڼڵڴڶ‬￦ 589,350

SUMMARY OF ANSWERS:
‫ڵ‬Κ B ‫ڶ‬Κ B ‫ڷ‬Κ￦ A ‫ڸ‬Κ￦ B ‫ڹ‬Κ￦ A

57
Chapter 10: Loans and Receivables

PROBLEM 10-11 Non-interest-bearing Note with Unrealistic Interest Rate,

Non-Uniform Collection of Principal
￦

Question No. 1
￉³±´¹¸¥¸­³²￦³ª￦´¶©·©²¸￦º¥°¹©￦³ª￦¥°°￦´¥½±©²¸·Ό￦
Total
PV factor collections Total PV
‫ڴ‬Κ‫ڽڶڽڼ‬￦ ‫ڵ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦ ‫ڶڽڼ‬Ζ‫ڴڴڽ‬￦
‫ڴ‬Κ‫ڶڻڽڻ‬￦ ￦￦￦‫ڴڴں‬Ζ‫ڴڴڴ‬￦ ‫ڼڻڸ‬Ζ‫ڴڶڷ‬￦
‫ڴ‬Κ‫ڼڵڵڻ‬ ￦￦￦‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦ ‫ڶڸڵ‬Ζ‫ڴںڷ‬
ￚ³¸¥°￦￦´¶©·©²¸￦º¥°¹©￦³ª￦¸¬©￦²³¸©· ‫ڵ‬Ζ‫ڷڵڹ‬Ζ‫ڴڼڹ‬
￦

ￚ³¸¥°￦´¶©·©²¸￦º¥°¹©￦ϑ￦￙©°°­²«￦´¶­§© ‫ڵ‬Ζ‫ڷڵڹ‬Ζ‫ڴڼڹ‬￦
ￒ©··Ό￦￉¥¶¶½­²«￦¥±³¹²¸￦³ª￦±¥§¬­²©¶½￦ ￦ ￦
￦￦￦￦￦￦￦￦￦￦￉³·¸￦ ‫ڵ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦ ￦
￦￦￦￦￦￦￦￦￦￦￦ￒ©··Ό￦ￇ§§¹±¹°¥¸©¨￦¨©´¶©§­¥¸­³²￦ ￦￦￦￦￦‫ڴڹڵ‬Ζ‫ڴڴڴ‬￦ ￦￦￦￦￦￦￦‫ڴڹڼ‬Ζ‫ڴڴڴ‬￦
ￍ¥­²￦³²￦·¥°©￦ ￦ P663,580
￦
Question Nos. 2 to 5
Amortization table
Interest Amortizatio Principal Carrying
Date
income n ￦ Collections ￦ amount
‫ڵڴ‬ϑ‫ڵڴ‬ϑ‫ڼڵ‬￦ ‫ڵ‬Ζ‫ڷڵڹ‬Ζ‫ڴڼڹ‬￦
‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ڼڵ‬ 181,630 ‫ڵڼڵ‬Ζ‫ڴڷں‬￦ ‫ڵ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦ 695,210
‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ڽڵ‬ ‫ڷڼ‬Ζ‫ڹڶڸ‬ ‫ڷڼ‬Ζ‫ڹڶڸ‬￦ ‫ڴڴں‬Ζ‫ڴڴڴ‬￦ ‫ڼڻڵ‬Ζ‫ڹڷں‬￦
‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ڴڶ‬￦ ‫ڵڶ‬Ζ‫ڶڼڷ‬￦ ‫ڵڶ‬Ζ‫ڹںڷ‬￦ ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦ Ο￦

Question No. 2
181,630.￦￙©©￦¥±³¶¸­¾¥¸­³²￦¸¥¦°©￦¥¦³º©Κ￦
￦
Question No. 3
695,210. ￙©©￦¥±³¶¸­¾¥¸­³²￦¸¥¦°©￦¥¦³º©Κ
￦
Question No. 4
ￖ¶­²§­´¥°￦§³°°©§¸­³²·￦ ￦‫ڽڵڴڶ‬￦ ‫ڴڴں‬Ζ‫ڴڴڴ‬
ￒ©··Ό￦ￇ±³¶¸­¾¥¸­³²￦ ￦‫ڽڵڴڶ‬￦ ‫ڷڼ‬Ζ‫ڹڶڸ‬￦
￉¹¶¶©²¸￦´³¶¸­³²￦ ￦‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ڼڵڴڶ‬￦ 516,575
￦
Question No. 5
￉¥¶¶½­²«￦º¥°¹©￦ ￦‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ڼڵڴڶ‬￦ ‫ڹڽں‬Ζ‫ڴڵڶ‬￦
ￒ©··Ό￦￉¹¶¶©²¸￦´³¶¸­³²￦ ￦‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ڼڵڴڶ‬￦ ‫ںڵڹ‬Ζ‫ڹڻڹ‬￦
ￔ³²Ο§¹¶¶©²¸￦´³¶¸­³²￦ ￦‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ڼڵڴڶ‬￦ 178,635

SUMMARY OF ANSWERS:
‫ڵ‬Κ B ‫ڶ‬Κ B ‫ڷ‬Κ￦ A ‫ڸ‬Κ￦ B ‫ڹ‬Κ￦ D

58
Chapter 10: Loans and Receivables

PROBLEM 10-12 Noninterest-bearing Note, One-Time Collection of

Principal
￦

Question No. 1
ￚ³¸¥°￦´¶©·©²¸￦º¥°¹©￦Ϯ‫ڵ‬Ζ‫ڴڴڼ‬Ζ‫ڴڴڴ‬￦¼￦‫ڴ‬Κ‫ڼڵڵڻ‬ϯ￦ ￦ ‫ڵ‬Ζ‫ڵڼڶ‬Ζ‫ڴڸڶ‬￦￦
ￒ©··Ό￦￉¥¶¶½­²«￦¥±³¹²¸￦³ª￦±¥§¬­²©¶½￦ ￦ ￦
￦￦￦￦￦￦￦￦￦￦￉³·¸￦ ‫ڵ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬ ￦
￦￦￦￦￦￦￦￦￦￦￦ￒ©··Ό￦ￇ§§¹±¹°¥¸©¨￦¨©´¶©§­¥¸­³²￦ ￦￦￦￦￦‫ڴڹڵ‬Ζ‫ڴڴڴ‬￦ ￦￦￦￦￦￦￦‫ڴڹڼ‬Ζ‫ڴڴڴ‬￦￦
ￍ¥­²￦³²￦·¥°©￦ ￦ P431,240
￦
Amortization table
Date Interest Income Amortization Carrying amount
‫ڵڴ‬ϑ‫ڵڴ‬ϑ‫ڼڵڴڶ‬￦ ￦ ‫ڵ‬Ζ‫ڵڼڶ‬Ζ‫ڴڸڶ‬￦
‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ڼڵڴڶ‬￦ ‫ڷڹڵ‬Ζ‫ڽڸڻ‬￦ ‫ڷڹڵ‬Ζ‫ڽڸڻ‬￦ ‫ڵ‬Ζ‫ڸڷڸ‬Ζ‫ڽڼڽ‬￦
‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ڽڵڴڶ‬￦ ‫ڶڻڵ‬Ζ‫ڽڽڵ‬￦ ‫ڶڻڵ‬Ζ‫ڽڽڵ‬￦ ‫ڵ‬Ζ‫ڻڴں‬Ζ‫ڻڼڵ‬￦
‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ڴڶڴڶ‬ ‫ڶڽڵ‬Ζ‫ڶڵڼ‬￦ ‫ڶڽڵ‬Ζ‫ڶڵڼ‬￦ ‫ڵ‬Ζ‫ڴڴڼ‬Ζ‫ڴڴڴ‬￦
￦

Question No. 2
153,749.￦￙©©￦¥±³¶¸­¾¥¸­³²￦¸¥¦°©￦¥¦³º©Κ￦
￦

Question No. 3
1,434,989. ￙©©￦¥±³¶¸­¾¥¸­³²￦¸¥¦°©￦¥¦³º©Κ
￦

Question No. 4 and 5

ￚ¬©￦¸³¸¥°￦¥±³¹²¸￦³ª￦1,434,989 ­·￦¶©´³¶¸©¨￦¥·￦noncurrent receivable￦·­²§©￦­¸￦­·￦
¨¹©￦¸³￦¦©￦§³°°©§¸©¨￦¦©½³²¨￦¸»©°º©￦±³²¸¬·￦ª¶³±￦¸¬©￦©²¨￦³ª￦¸¬©￦¶©´³¶¸­²«￦´©¶­³¨Κ￦
￦

SUMMARY OF ANSWERS:
‫ڵ‬Κ￦ B ‫ڶ‬Κ￦ B ‫ڷ‬Κ￦ A ‫ڸ‬Κ￦ B ‫ڹ‬Κ￦ A
￦
￦
PROBLEM 10-13 Computation of Annual Payment or Collection
￦

CASE 1: Based on the original data

Requirement No. 1
ￖ¶©·©²¸￦º¥°¹©￦³ª￦¸¬©￦²³¸©·
ￇ²²¹¥°￦§³°°©§¸­³² ‫ ܥ‬
ￖ¶©·©²¸￦º¥°¹©￦³ª￦³¶¨­²¥¶½￦¥²²¹­¸½￦ª³¶￦‫ڷ‬￦´©¶­³¨·
￦

‫ڵ‬Ζ‫ڴڴڹ‬Ζ‫ ڴڴڴ‬
ￇ²²¹¥°￦§³°°©§¸­³² ‫ ܥ‬
‫ڶ‬Κ‫ ڼڵڴڸ‬
￦

ￇ²²¹¥°￦§³°°©§¸­³²￦ ￦ ￦ ‫ܥ‬￦￦P624,532￦
￦

Requirement No. 2
ￏ²¸©¶©·¸￦­²§³±©￦Ϯ‫ڵ‬Ζ‫ڴڴڹ‬Ζ‫ڴڴڴ‬￦¼￦‫ܫڶڵ‬ϯ￦ ‫ܥ‬￦￦P180,000￦
￦

CASE 2
Requirement No. 1
ￖ¶©·©²¸￦º¥°¹©￦³ª￦¸¬©￦²³¸©·
ￇ²²¹¥°￦§³°°©§¸­³² ‫ ܥ‬
ￖ¶©·©²¸￦º¥°¹©￦³ª￦¥²²¹­¸½￦¨¹©￦ª³¶￦‫ڷ‬￦´©¶­³¨·
59
‫‪Chapter 10: Loans and Receivables‬‬
‫‪￦‬‬

‫ ڴڴڴ‪Ζ‬ڴڴڹ‪Ζ‬ڵ‬
‫ ‪ￇ²²¹¥°￦§³°°©§¸­³²‬‬ ‫ ܥ‬
‫ڵڴڽں‪Κ￦‬ڶ‬
‫‪￦‬‬

‫‪ￇ²²¹¥°￦§³°°©§¸­³²￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦P557,600￦‬ܥ‬

‫‪￦‬‬

‫ ‪Requirement No. 2‬‬

‫‪￦‬ܫڶڵ‪ϯ￦¼￦‬ڴڴں‪Ζ‬ڻڹڹ‪￦ ￦‬ڴڴڴ‪Ζ‬ڴڴڹ‪Ζ‬ڵ‪ￏ²¸©¶©·¸￦­²§³±©￦Ϯ‬‬ ‫‪￦‬‬ ‫‪￦P113,088￦‬ܥ‬
‫‪￦‬‬
‫ ‬
‫ ‪PROBLEM 10-14‬‬
‫‪￦‬‬

‫‪ￇ§§³¹²¸·￦¶©§©­º¥¦°©￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڹڶ‬ ‫‪￦‬‬

‫‪￦￦￦￦￙¥°©·￦‬‬ ‫‪￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڹڶ‬
‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬

‫‪ϯ￦‬ܫڴڸ‪￦¼￦‬ܫڷ‪￦¼￦‬ڴڴڴ‪Ζ‬ڴڹڶ ‪￙¥°©·￦¨­·§³¹²¸￦Ϯ‬‬ ‫ڴڴڴ‪Ζ‬ڷ‬

‫‪￦￦￦￦ￇ°°³»¥²§©￦ª³¶￦·¥°©·￦¨­·§³¹²¸￦‬‬ ‫‪￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڷ‬
‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬

‫‪ϯ￦‬ܫڻڽ‪￦¼￦‬ܫڴڹ‪￦¼￦‬ڴڴڴ‪Ζ‬ڴڹڶ ‪￉¥·¬￦Ϯ‬‬ ‫‪￦‬ڴڹڶ‪Ζ‬ڵڶڵ‬ ‫‪￦‬‬

‫‪ￇ°°³»¥²§©￦ª³¶￦·¥°©·￦¨­·§³¹²¸￦‬‬ ‫ڴڴڴ‪Ζ‬ڷ‬
‫‪σ￦‬ܫڷ‪ϯ￦¼￦‬ܫڴڸ‪￦Ο￦‬ܫڴڹ‪￦¼￦Ϯ‬ڴڴڴ‪Ζ‬ڴڹڶ ‪￙¥°©·￦¨­·§³¹²¸￦σ‬‬ ‫‪￦‬ڴڹڻ‬ ‫‪￦‬‬
‫‪ϯ￦‬ܫڴڹ‪￦¼￦‬ڴڴڴ‪Ζ‬ڴڹڶ ‪￦￦￦￦ￇ§§³¹²¸·￦¶©§©­º¥¦°©￦Ϯ‬‬ ‫‪￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڹڶڵ‬
‫ ‬

‫‪Ζ￦ ¸¬©￦ ¶©§©­º¥¦°©￦ ¸¬©²￦ ­·￦ ­²§°¹¨©¨￦ ­²￦ ¸¬©￦ ·¸¥¸©±©²¸￦ ³ª￦‬ڼڵڴڶ ‪Ζ￦‬ڵڷ ‪ￕ²￦ ￊ©§©±¦©¶￦‬‬
‫‪ª­²¥²§­¥°￦´³·­¸­³²￦¥·￦ª³°°³»·Ό￦‬‬
‫‪ￇ§§³¹²¸·￦¶©§©­º¥¦°©Ζ￦©²¨￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڹڶ ‪￦‬‬
‫‪ￒ©··Ό￦ￇ°°³»¥²§©￦ª³¶￦·¥°©·￦¨­·§³¹²¸￦‬‬ ‫‪￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڷ‪￦￦￦￦‬‬
‫‪ￔ©¸￦¶©¥°­¾¥¦°©￦º¥°¹©￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڻڸڶ ‪￦‬‬
‫ ‬
‫ )‪SOLUTION: (PFRS 15‬‬
‫‪ￇ§§³¹²¸·￦¶©§©­º¥¦°©￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڻڸڶ‬ ‫‪￦‬‬
‫‪ϯ￦‬ܫڴڸ‪￦¼￦‬ܫڷ‪￦¼￦‬ڴڴڴ‪Ζ‬ڴڹڶ ‪￦ Ϯ‬ڴڴڴ‪Ζ‬ڴڹڶ ‪￦￦￦￦￙¥°©·￦σ‬‬ ‫ڴڴڴ‪Ζ‬ڻڸڶ‬
‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬

‫‪ϯ￦‬ܫڻڽ‪￦¼￦‬ܫڴڹ‪￦¼￦‬ڴڴڴ‪Ζ‬ڴڹڶ ‪￉¥·¬￦Ϯ‬‬ ‫‪￦‬ڴڹڶ‪Ζ‬ڵڶڵ‬ ‫‪￦‬‬

‫‪￙¥°©·￦Ϯ¦¥°¥²§­²«ϯ￦‬‬ ‫‪￦‬ڴڹڻ‪Ζ‬ڷ‬ ‫‪￦‬‬
‫‪ϯ￦‬ܫڴں‪￦¼￦‬ڴڴڴ‪Ζ‬ڴڹڶ ‪￦￦￦￦ￇ§§³¹²¸·￦¶©§©­º¥¦°©￦Ϯ‬‬ ‫ڴڴڴ‪Ζ‬ڹڶڵ‬
‫ ‬

‫‪Ζ￦ ¸¬©￦ ¶©§©­º¥¦°©￦ ¸¬©²￦ ­·￦ ­²§°¹¨©¨￦ ­²￦ ¸¬©￦ ·¸¥¸©±©²¸￦ ³ª￦‬ڼڵڴڶ ‪Ζ￦‬ڵڷ ‪ￕ²￦ ￊ©§©±¦©¶￦‬‬
‫‪ª­²¥²§­¥°￦´³·­¸­³²￦¥·￦ª³°°³»·Ό￦‬‬
‫‪￦ￔ©¸￦¶©¥°­¾¥¦°©￦º¥°¹©￦‬ܥ‪ￇ§§³¹²¸·￦¶©§©­º¥¦°©￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڻڸڶ ‪￦‬‬
‫ ‬
‫ ‬
‫ ‪PROBLEM 10-15‬‬
‫ ‪SOLUTION:‬‬
‫ ‪Requirement No. 1 PAS 18‬‬
‫‪2017:￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬
‫‪￦‬ڵڷ‪ￊ©§Κ￦‬‬ ‫©‪ￇ§§³¹²¸·￦¶©§©­º¥¦°‬‬ ‫ڴڴڴ‪Ζ‬ڴڹڹ‬
‫‪￦‬‬ ‫‪￦￦￦￙¥°©·￦‬‬ ‫‪￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڹڹ‬
‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬

‫‪￦‬‬ ‫‪￉³·¸￦³ª￦·¥°©·￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڴڷ‬ ‫‪￦‬‬

‫‪￦‬‬ ‫½¶‪￦￦ￓ©¶§¬¥²¨­·©￦­²º©²¸³‬‬ ‫ڴڴڴ‪Ζ‬ڴڴڷ‬
‫‪60‬‬
‫‪Chapter 10: Loans and Receivables‬‬
‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬

‫‪￦‬‬ ‫‪ϯ￦‬ܫڴڷ‪￦¼￦‬ڴڴڴ‪Ζ‬ڴڹڹ ‪￙¥°©·￦¶©¸¹¶²·￦Ϯ‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڹںڵ‬ ‫‪￦‬‬

‫ ‬ ‫‪￦￦ￇ°°³»¥²§©￦ª³¶￦·¥°©·￦¶©¸¹¶²￦‬‬ ‫ڴڴڴ‪Ζ‬ڹںڵ‬
‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬

‫‪2018:‬‬ ‫‪￦‬‬
‫‪￦‬ڹ‪￐¥²Κ￦‬‬ ‫‪ϯσ￦‬ڴڴڴ‪Ζ‬ڴڹڹ ‪￦¼￦‬ܫڹڸ‪￦Ο￦Ϯ‬ڴڴڴ‪Ζ‬ڴڹڹ ‪￉¥·¬￦σ‬‬ ‫‪￦‬ڴڴڹ‪Ζ‬ڶڴڷ‬ ‫‪￦‬‬
‫‪￦‬‬ ‫‪σ￦‬ڴڴڴ‪Ζ‬ڴڹڹ ‪ϯ￦¼￦‬ܫڴڷ‪Ο‬ܫڹڸ‪￙¥°©·￦¶©¸¹¶²·￦σϮ‬‬ ‫‪￦‬ڴڴڹ‪Ζ‬ڶڼ‬ ‫‪￦‬‬
‫‪￦‬‬ ‫·‪ￇ°°³»¥²§©￦ª³¶￦·¥°©·￦¶©¸¹¶²‬‬ ‫ڴڴڴ‪Ζ‬ڹںڵ‬
‫‪￦‬‬ ‫‪￦￦ￇ§§³¹²¸·￦¶©§©­º¥¦°©￦‬‬ ‫‪￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڹڹ‬
‫‪￦‬‬

‫ ‪Requirement No. 2 PAS 18‬‬

‫‪2017:￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬
‫‪￦‬ڵڷ‪ￊ©§Κ￦‬‬ ‫‪ￔ³￦®³¹¶²¥°￦©²¸¶½Κ￦ￔ³￦¶©º©²¹©￦­·￦¶©§³«²­¾©¨￦¦©§¥¹·©￦¸¬©￦§³±´¥²½￦‬‬
‫‪§¥²²³¸￦©·¸­±¥¸©￦¶©°­¥¦°½￦¥²½￦ª¹¸¹¶©￦¶©¸¹¶²·Κ￦‬‬
‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬

‫‪2018:￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬

‫ڵ‪ￌ©¦Κ￦‬‬ ‫©‪ￇ§§³¹²¸·￦¶©§©­º¥¦°‬‬ ‫ڴڴڴ‪Ζ‬ڴڹڹ‬
‫‪￦‬‬ ‫‪￦￦￦￦￙¥°©·￦‬‬ ‫‪￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڹڹ‬
‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬

‫‪￦‬‬ ‫‪￉³·¸￦³ª￦·¥°©·￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڴڷ‬ ‫‪￦‬‬

‫‪￦‬‬ ‫‪￦￦￦￦ￓ©¶§¬¥²¨­·©￦­²º©²¸³¶½￦‬‬ ‫‪￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڴڷ‬
‫‪ￔ³¸©Ό￦ ￘©º©²¹©￦ ­·￦ ¶©§³«²­¾©¨￦ ·­²§©￦ ¸¬©￦ ¸­±©￦ ´©¶­³¨￦ ª³¶￦ ¶©®©§¸­²«ϑ¥§§©´¸­²«￦ ¬¥·￦‬‬
‫‪©°¥´·©¨Κ￦‬‬
‫ ‬
‫ ‪Requirement No. 1 PFRS 15‬‬
‫‪2017:￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬
‫‪￦‬ڵڷ‪ￊ©§Κ￦‬‬ ‫‪ￇ§§³¹²¸·￦¶©§©­º¥¦°©￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڹ‬ ‫‪￦‬‬
‫‪￦‬‬ ‫‪ϯσ￦‬ܫڴڷ‪Ο‬ܫڴڴڵ‪￦¼￦Ϯ‬ڴڴڴ‪Ζ‬ڴڹڹ ‪￦￦￦￙¥°©·￦σ‬‬ ‫ڴڴڴ‪Ζ‬ڹ‬
‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬

‫‪￦‬‬ ‫‪ϯ￦‬ܫڴڻ‪￦¼￦‬ڴڴڴ‪Ζ‬ڴڴڷ ‪￉³·¸￦³ª￦·¥°©·￦Ϯ‬‬ ‫ڴڴڴ‪Ζ‬ڴڵڶ‬

‫‪￦‬‬ ‫‪ￇ··©¸￦ª³¶￦¶­«¬¸￦¸³￦¶©§³º©¶￦´¶³¨¹§¸￦¸³￦¦©￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڽ‬ ‫‪￦‬‬
‫‪¶©¸¹¶²©¨￦‬‬
‫‪￦‬‬ ‫‪￦￦￦ￓ©¶§¬¥²¨­·©￦­²º©²¸³¶½￦‬‬ ‫ڴڴڴ‪Ζ‬ڴڴڷ‬
‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬

‫ ‪2018:‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬

‫‪￦‬ڹ‪￐¥²Κ￦‬‬ ‫‪ϯσ￦‬ڴڴڴ‪Ζ‬ڴڹڹ ‪￦¼￦‬ܫڹڸ‪￦Ο￦Ϯ‬ڴڴڴ‪Ζ‬ڴڹڹ ‪￉¥·¬￦σ‬‬ ‫‪￦‬ڴڴڹ‪Ζ‬ڶڴڷ‬ ‫‪￦‬‬
‫‪￦‬‬ ‫‪σ‬ڴڴڴ‪Ζ‬ڴڹڹ ‪ϯ￦¼￦‬ܫڴڷ‪Ο‬ܫڹڸ‪￙¥°©·￦¶©¸¹¶²·￦σϮ‬‬ ‫ڴڴڹ‪Ζ‬ڶڼ‬
‫‪￦‬‬ ‫‪￦￦ￇ§§³¹²¸·￦¶©§©­º¥¦°©￦‬‬ ‫‪￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڹ‬
‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬

‫‪￦‬‬ ‫‪ￓ©¶§¬¥²¨­·©￦­²º©²¸³¶½￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڹڷڵ‬ ‫‪￦‬‬

‫‪￦‬‬ ‫‪￦￦￦￉³·¸￦³ª￦·¥°©·￦‬‬ ‫‪￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڹڸ‬
‫‪￦‬‬ ‫‪￦￦￦ￇ··©¸￦ ª³¶￦ ¶­«¬¸￦ ¸³￦ ¶©§³º©¶￦ ´¶³¨¹§¸￦ ¸³￦‬‬ ‫ڴڴڴ‪Ζ‬ڴڽ‬
‫‪¦©￦¶©¸¹¶²©¨￦‬‬
‫‪￦‬‬

‫ ‪Requirement No. 2 PFRS 15‬‬

‫‪2017:‬‬ ‫‪￦‬‬ ‫‪￦‬‬
‫‪￦‬ڵڷ‪ￊ©§Κ￦‬‬ ‫‪ￇ··©¸￦ª³¶￦¶­«¬¸￦¸³￦¶©§³º©¶￦´¶³¨¹§¸￦¸³￦¦©￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڴڷ‬ ‫‪￦‬‬
‫‪¶©¸¹¶²©¨￦‬‬
‫‪￦‬‬ ‫‪￦￦￦￦ￓ©¶§¬¥²¨­·©￦­²º©²¸³¶½￦‬‬ ‫‪￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڴڷ‬
‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬

‫‪61‬‬
Chapter 10: Loans and Receivables

2018:￦ ￦ ￦ ￦
ￌ©¦Κ￦‫ڵ‬ ￇ§§³¹²¸·￦¶©§©­º¥¦°© ‫ڴڹڹ‬Ζ‫ڴڴڴ‬￦
￦ ￦￦￦￦￙¥°©·￦ ￦ ‫ڴڹڹ‬Ζ‫ڴڴڴ‬￦
￦ ￦ ￦ ￦

￦ ￉³·¸￦³ª￦·¥°©·￦ ‫ڴڴڷ‬Ζ‫ڴڴڴ‬￦ ￦
￦ ￦￦￦￦ￇ··©¸￦ª³¶￦ ¶­«¬¸￦¸³￦ ¶©§³º©¶￦ ´¶³¨¹§¸￦¸³￦ ￦ ‫ڴڴڷ‬Ζ‫ڴڴڴ‬￦
¦©￦¶©¸¹¶²©¨￦


PROBLEM 10-16 Impairment of Receivable, One-time Collection of
Principal
￦

CASE NO. 1
Question No. 1
ￖ¶­²§­´¥° ￦￦￦￦‫ںڵ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦￦
ￇ¨¨Ό￦ￇ§§¶¹©¨￦­²¸©¶©·¸￦¶©§©­º¥¦°©￦ ￦￦￦￦￦￦￦‫ڵ‬Ζ‫ڴڴں‬Ζ‫ڴڴڴ‬￦ ￦￦￦￦‫ڻڵ‬Ζ‫ڴڴں‬Ζ‫ڴڴڴ‬￦￦
ￒ©··Ό￦Єￖ¶©·©²¸￦º¥°¹©￦³ª￦©¼´©§¸©¨￦§¥·¬￦ª°³»·￦ ￦￦￦￦￦￦‫ڻ‬Ζ‫ڹڴڻ‬Ζ‫ڴڼڶ‬￦￦
ￒ³¥²￦­±´¥­¶±©²¸￦ ￦ (A)￦ ￦￦￦￦￦￦9,894,720
￦

Є￉³±´¹¸¥¸­³²￦³ª￦´¶©·©²¸￦º¥°¹©￦³ª￦¥°°￦´¥½±©²¸·Ό￦
PV factor Total collections Total PV
‫ڴ‬Κ‫ڵڽڴڽ‬ ‫ڵ‬Ζ‫ڴڴں‬Ζ‫ڴڴڴ‬￦ ‫ڵ‬Ζ‫ڸڹڸ‬Ζ‫ڴںڹ‬￦
‫ڴ‬Κ‫ڸںڶڼ‬￦ ‫ڷ‬Ζ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦ ‫ڶ‬Ζ‫ڸڸں‬Ζ‫ڴڼڸ‬￦
‫ڴ‬Κ‫ڷڵڹڻ‬￦ ‫ڸ‬Ζ‫ڴڴڼ‬Ζ‫ڴڴڴ‬￦ ‫ڷ‬Ζ‫ںڴں‬Ζ‫ڴڸڶ‬￦
ￚ³¸¥°￦￦´¶©·©²¸￦º¥°¹©￦³ª￦¸¬©￦²³¸©·￦ ‫ڻ‬Ζ‫ڹڴڻ‬Ζ‫ڴڼڶ‬￦
￦

Question Nos. 2 to 3
Amortization table
Interest Carrying
Date Collections Income Amortization amount
‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ڼڵڴڶ‬￦ ￦ ‫ڻ‬Ζ‫ڹڴڻ‬Ζ‫ڴڼڶ‬￦
‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ڽڵڴڶ‬￦ ‫ڵ‬Ζ‫ڴڴں‬Ζ‫ڴڴڴ‬￦ 770,528 ￦￦￦‫ڽڶڼ‬Ζ‫ڶڻڸ‬￦ 6,875,808
‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ڴڶڴڶ‬￦ ‫ڷ‬Ζ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦ ‫ڻڼں‬Ζ‫ڵڼڹ‬￦ ‫ڶ‬Ζ‫ڶڵڹ‬Ζ‫ڽڵڸ‬￦ ‫ڸ‬Ζ‫ڷںڷ‬Ζ‫ڽڼڷ‬￦
‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ڵڶڴڶ‬￦ ‫ڸ‬Ζ‫ڴڴڼ‬Ζ‫ڴڴڴ‬￦ ‫ںڷڸ‬Ζ‫ڽڷڷ‬￦ ‫ڸ‬Ζ‫ڷںڷ‬Ζ‫ڽڼڷ‬￦ Ο￦

CASE NO. 2
The Effective rate is 12%
PV factor Total collections Total PV
‫ڴ‬Κ‫ڽڶڽڼ‬￦ ‫ڵ‬Ζ‫ڴڴں‬Ζ‫ڴڴڴ‬￦ ‫ڵ‬Ζ‫ڼڶڸ‬Ζ‫ڴڸں‬￦
‫ڴ‬Κ‫ڶڻڽڻ‬ ‫ڷ‬Ζ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦ ‫ڶ‬Ζ‫ڵڹڹ‬Ζ‫ڴڸڴ‬￦
‫ڴ‬Κ‫ڼڵڵڻ‬￦ ‫ڸ‬Ζ‫ڴڴڼ‬Ζ‫ڴڴڴ‬￦ ‫ڷ‬Ζ‫ںڵڸ‬Ζ‫ڴڸں‬￦
ￚ³¸¥°￦´¶©·©²¸￦º¥°¹©￦³ª￦¸¬©￦²³¸©·￦ ‫ڻ‬Ζ‫ںڽڷ‬Ζ‫ڴڶڷ‬￦

Question No. 4
￉¥¶¶½­²«￦ º¥°¹©￦ ￦ ‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ڼڵڴڶ‬￦ Ϯ·©©￦ ¸¥¦°©￦ ¦©°³»ϯ￦
Ϯ‫ڹڵ‬Ζ‫ڴڷڶ‬Ζ‫ڷڶڽ‬￦‫ܩ‬￦‫ڵ‬Κ‫ں‬ￓϯ￦ ‫ںڵ‬Ζ‫ڴڷڼ‬Ζ‫ڷڶڽ‬￦
ￒ©··Ό￦Єￖ¶©·©²¸￦º¥°¹©￦³ª￦©¼´©§¸©¨￦§¥·¬￦ª°³»·￦ ‫ڻ‬Ζ‫ںڽڷ‬Ζ‫ڴڶڷ‬￦
ￒ³¥²￦­±´¥­¶±©²¸￦ ￦ (D)￦ 9,434,603
62
Chapter 10: Loans and Receivables

Amortization table
Interest
Received Interest Carrying
Date Or Accrued Income Amortization amount
‫ڵڴ‬ϑ‫ڵڴ‬ϑ‫ںڵڴڶ‬￦ ￦ ‫ڸڵ‬Ζ‫ںڸڼ‬Ζ‫ڴڼڴ‬￦
‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ںڵڴڶ‬￦ ‫ڵ‬Ζ‫ڴڴں‬Ζ‫ڴڴڴ‬￦ ‫ڵ‬Ζ‫ڵڼڻ‬Ζ‫ڴڷڹ‬￦ ‫ڵڼڵ‬Ζ‫ڴڷڹ‬￦ ‫ڹڵ‬Ζ‫ڻڶڴ‬Ζ‫ڴڵں‬￦
‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ڻڵڴڶ‬ ‫ڵ‬Ζ‫ڴڴں‬Ζ‫ڴڴڴ‬￦ ‫ڵ‬Ζ‫ڷڴڼ‬Ζ‫ڷڵڷ‬￦ ‫ڷڴڶ‬Ζ‫ڷڵڷ‬￦ ‫ڹڵ‬Ζ‫ڴڷڶ‬Ζ‫ڷڶڽ‬￦
‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ڵ ڼڵڴڶ‬Ζ‫ڴڴں‬Ζ‫ڴڴڴ‬Є ‫ڵ‬Ζ‫ڻڶڼ‬Ζ‫ڵڵڻ‬￦ ‫ڻڶڶ‬Ζ‫ڴڵڻ‬￦ ‫ڹڵ‬Ζ‫ڼڹڸ‬Ζ‫ڸڷں‬￦
Єￏ²¸©¶©·¸￦accruedΚ￦

‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ڼڵڴڶ‬￦ ￇ§§¶¹©¨￦­²¸©¶©·¸￦¶©§©­º¥¦°©￦ ‫ڵ‬Ζ‫ڴڴں‬Ζ‫ڴڴڴ‬￦ ￦

￦ ￦￦￦ￏ²¸©¶©·¸￦­²§³±©￦ ￦ ‫ڵ‬Ζ‫ڴڴں‬Ζ‫ڴڴڴ‬￦
￦ ￦ ￦ ￦

CASE NO. 3
Question No. 5
￉¥¶¶½­²«￦º¥°¹©￦ ￦‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ڻڵڴڶ‬￦Ϯ·©©￦¸¥¦°©￦¦©°³»ϯ￦ ‫ڹڵ‬Ζ‫ڴڷڶ‬Ζ‫ڷڶڽ‬￦
ￒ©··Ό￦Єￖ¶©·©²¸￦º¥°¹©￦³ª￦©¼´©§¸©¨￦§¥·¬￦ª°³»·￦ ‫ڻ‬Ζ‫ںڽڷ‬Ζ‫ڴڶڷ‬￦
ￒ³¥²￦­±´¥­¶±©²¸￦ ￦ (B)￦ 7,834,603

Amortization table
Interest
Received Interest Carrying
Date Or Accrued Income Amortization amount
‫ڵڴ‬ϑ‫ڵڴ‬ϑ‫ںڵڴڶ‬￦ ￦ ‫ڸڵ‬Ζ‫ںڸڼ‬Ζ‫ڴڼڴ‬￦
‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ںڵڴڶ‬￦ ‫ڵ‬Ζ‫ڴڴں‬Ζ‫ڴڴڴ‬￦ ‫ڵ‬Ζ‫ڵڼڻ‬Ζ‫ڴڷڹ‬￦ ‫ڵڼڵ‬Ζ‫ڴڷڹ‬￦ ‫ڹڵ‬Ζ‫ڻڶڴ‬Ζ‫ڴڵں‬￦
‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ڻڵڴڶ‬ ‫ڵ‬Ζ‫ڴڴں‬Ζ‫ڴڴڴ‬￦ ‫ڵ‬Ζ‫ڷڴڼ‬Ζ‫ڷڵڷ‬￦ ‫ڷڴڶ‬Ζ‫ڷڵڷ‬￦ ‫ڹڵ‬Ζ‫ڴڷڶ‬Ζ‫ڷڶڽ‬￦
‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ڼڵڴڶ‬ ￦ ‫ڵ‬Ζ‫ڻڶڼ‬Ζ‫ڵڵڻ‬￦ ‫ڵ‬Ζ‫ڻڶڼ‬Ζ‫ڵڵڻ‬￦ ‫ڻڵ‬Ζ‫ڼڹڴ‬Ζ‫ڸڷں‬￦

‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ڼڵڴڶ‬￦ ￛ²©¥¶²©¨￦­²¸©¶©·¸￦­²§³±©￦ ‫ڵ‬Ζ‫ڻڶڼ‬Ζ‫ڵڵڻ‬￦ ￦

￦ ￦￦￦ￏ²¸©¶©·¸￦­²§³±©￦ ￦ ‫ڵ‬Ζ‫ڻڶڼ‬Ζ‫ڵڵڻ‬￦

CASE NO. 4
Question No. 6
￉¥¶¶½­²«￦º¥°¹©￦ ￦‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ڼڵڴڶ‬￦Ϯ·©©￦¸¥¦°©￦¦©°³»ϯ￦ ‫ڹڵ‬Ζ‫ڼڹڸ‬Ζ‫ڸڷں‬￦
ￒ©··Ό￦Єￖ¶©·©²¸￦º¥°¹©￦³ª￦©¼´©§¸©¨￦§¥·¬￦ª°³»·￦ ‫ڻ‬Ζ‫ںڽڷ‬Ζ‫ڴڶڷ‬￦
ￒ³¥²￦­±´¥­¶±©²¸￦ ￦ (E)￦ 8,062,314

Amortization table
Interest
Received Interest Carrying
Date Or Accrued Income Amortization amount
‫ڵڴ‬ϑ‫ڵڴ‬ϑ‫ںڵڴڶ‬ ￦ ‫ڸڵ‬Ζ‫ںڸڼ‬Ζ‫ڴڼڴ‬￦
‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ںڵڴڶ‬ ‫ڵ‬Ζ‫ڴڴں‬Ζ‫ڴڴڴ‬￦ ‫ڵ‬Ζ‫ڵڼڻ‬Ζ‫ڴڷڹ‬￦ ‫ڵڼڵ‬Ζ‫ڴڷڹ‬￦ ‫ڹڵ‬Ζ‫ڻڶڴ‬Ζ‫ڴڵں‬￦
‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ڻڵڴڶ‬ ‫ڵ‬Ζ‫ڴڴں‬Ζ‫ڴڴڴ‬￦ ‫ڵ‬Ζ‫ڷڴڼ‬Ζ‫ڷڵڷ‬￦ ‫ڷڴڶ‬Ζ‫ڷڵڷ‬￦ ‫ڹڵ‬Ζ‫ڴڷڶ‬Ζ‫ڷڶڽ‬￦
‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ڼڵڴڶ‬￦ ‫ڵ‬Ζ‫ڴڴں‬Ζ‫ڴڴڴ‬￦ ‫ڵ‬Ζ‫ڻڶڼ‬Ζ‫ڵڵڻ‬￦ ‫ڻڶڶ‬Ζ‫ڴڵڻ‬￦ ‫ڹڵ‬Ζ‫ڼڹڸ‬Ζ‫ڸڷں‬￦

63
Chapter 10: Loans and Receivables

‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ڼڵڴڶ‬￦ ￉¥·¬￦ ‫ڵ‬Ζ‫ڴڴں‬Ζ‫ڴڴڴ‬￦ ￦

￦ ￦￦￦ￏ²¸©¶©·¸￦­²§³±©￦ ￦ ‫ڵ‬Ζ‫ڴڴں‬Ζ‫ڴڴڴ‬￦
￦ ￦ ￦ ￦

￦ ￛ²©¥¶²©¨￦­²¸©¶©·¸￦­²§³±©￦ ‫ڻڶڶ‬Ζ‫ڴڵڻ‬￦ ￦
￦ ￦￦￦￦ￏ²¸©¶©·¸￦­²§³±©￦ ￦ ‫ڻڶڶ‬Ζ‫ڴڵڻ‬￦

SUMMARY OF ANSWERS:
‫ڵ‬Κ￦ A ‫ڶ‬Κ￦ B ‫ڷ‬Κ￦ B ‫ڸ‬Κ￦ B ‫ڹ‬Κ￦ C ‫ں‬Κ￦ E


PROBLEM 10-17 Reversal of Impairment Loss
Question No. 1
ￖ¶©·©²¸￦º¥°¹©￦³ª￦©¼´©§¸©¨￦§¥·¬￦ª°³»· ￖ￦‫ڸڹں‬Ζ‫ڶڹڹ‬￦
º·Κ￦ ￝³¹°¨￦ ¬¥º©￦ ¦©©²￦ ´¶©·©²¸￦ º¥°¹©￦ ­ª￦ ¸¬©¶©￦ »¥·￦ ²³￦
­±´¥­¶±©²¸￦ ￦‫ڴڴں‬Ζ‫ڴڴڴ‬￦
Lower ‫ڴڴں‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦ￇ§¸¹¥°￦¥±³¶¸­¾©¨￦§³·¸￦ ‫ںڽڷ‬Ζ‫ڵڼں‬￦
ￍ¥­²￦³²￦¶©º©¶·¥°￦³ª￦­±´¥­¶±©²¸￦°³··￦￦ (A)￦ P 203,319
￦

Question No. 2
ￖ¶©·©²¸￦º¥°¹©￦³ª￦©¼´©§¸©¨￦§¥·¬￦ª°³»·￦ ￖ￦‫ڸڹں‬Ζ‫ڶڹڹ‬￦
ￒ©··Ό￦ￇ§¸¹¥°￦¥±³¶¸­¾©¨￦§³·¸￦ ‫ںڽڷ‬Ζ‫ڵڼں‬￦
ￍ¥­²￦³²￦¶©º©¶·¥°￦³ª￦­±´¥­¶±©²¸￦°³··￦ (D)￦ P 257,871
￦

Question No. 3
ￏ²¸©¶©·¸￦­²§³±©￦Ϯ‫ڴڴں‬Ζ‫ڴڴڴ‬￦¼￦‫ܫڴڵ‬ϯ￦￦ (B)￦ P 60,000
￦

Question No. 4
ￏ²¸©¶©·¸￦­²§³±©￦Ϯ‫ڸڹں‬Ζ‫ڶڹڹ‬￦¼￦‫ܫڴڵ‬ϯ￦￦ (A)￦ P 65,455
￦

SUMMARY OF ANSWERS:
‫ڵ‬Κ￦ A ‫ڶ‬Κ￦ D ‫ڷ‬Κ￦ B ‫ڸ‬Κ￦ A ￦ ￦
￦
￦
PROBLEM 10-18 Pledge of Receivable
￦

ￖ¶­²§­´¥°￦¥±³¹²¸￦¦³¶¶³»©¨ ￖ￦‫ڴڴڽ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦ￕ²©￦½©¥¶￦­²¸©¶©·¸￦¨©¨¹§¸©¨￦­²￦¥¨º¥²§©￦Ϯ‫ڴڴڽ‬Ζ‫ڴڴڴ‬￦¼￦‫ܫڴڵ‬ϯ￦ Ϯ￦￦￦￦￦￦‫ڴڽ‬Ζ‫ڴڴڴ‬ϯ￦
￉¥·¬￦¶©§©­º©¨￦³²￦ￊ©§©±¦©¶￦‫ڵ‬￦ (B)￦ P810,000
￦
￦
PROBLEM 10-19 Assignment of Accounts Receivable
Question No. 1
ￖ¶­²§­´¥°￦¥±³¹²¸￦¦³¶¶³»©¨ ￖ￦‫ڴڹڵ‬Ζ‫ڴڴڴ‬
ￒ©··Ό￦ￌ­²¥²§©￦ª©©￦Ϯ‫ڴڹڵ‬Ζ‫ڴڴڴ‬￦¼￦‫ܫڹ‬ϯ￦ Ϯ￦￦￦￦￦￦‫ڻ‬Ζ‫ڴڴڹ‬ϯ￦
￉¥·¬￦¶©§©­º©¨￦³²￦ￊ©§©±¦©¶￦‫ ڵ‬ (D)￦ P142,500
￦

64
Chapter 10: Loans and Receivables

Question No. 2
ￔ³¸©·￦´¥½¥¦°©￦ ￖ‫ڴڹڵ‬Ζ‫ڴڴڴ‬￦￦
ￒ©··Ό￦ￖ¶­²§­´¥°￦´¥½±©²¸￦ ￦ ￦
￦￦￦￦￦￦￦￦￦￦￘©±­¸¸¥²§©￦ ‫ڹڽ‬Ζ‫ڴڴڴ‬￦ ￦
￦￦￦￦￦￦￦￦￦￦ￒ©··Ό￦ￏ²¸©¶©·¸￦Ϯ‫ڴڹڵ‬Ζ‫ڴڴڴ‬￦¼￦‫ܫڶڵ‬￦¼￦‫ڷ‬ϑ‫ڶڵ‬ϯ￦ Ϯ￦￦￦￦‫ڵ‬Ζ‫ڴڴڹ‬ϯ￦ ￦￦￦‫ڷڽ‬Ζ‫ڴڴڹ‬￦￦
ￔ³¸©·￦´¥½¥¦°©￦ ￦ￊ©§©±¦©¶￦‫ڵڷ‬￦ (C)￦ ￦ P 56,500
￦

Question No. 3
ￇ§§³¹²¸·￦¶©§©­º¥¦°©￦ ¥··­«²©¨￦Ϯ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦ ￦‫ڴڴڵ‬Ζ‫ڴڴڴ‬ϯ ￖ￦‫ڴڴڵ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦ￔ³¸©·￦´¥½¥¦°©￦ Ϯ￦￦￦‫ںڹ‬Ζ‫ڴڴڹ‬ϯ￦
ￋµ¹­¸½￦­²￦¥··­«²©¨￦¥§§³¹²¸￦ (C)￦ P 43,500
￦

SUMMARY OF ANSWERS:
‫ڵ‬Κ￦ D ‫ڶ‬Κ￦ C ‫ڷ‬Κ￦ C
￦
￦
PROBLEM 10-20 Factoring of Receivables
Entries to record transactions
Option Accounts Debit Credit
ￕ²©￦ ￉¥·¬￦Ϯ‫ڴڴڸ‬Ζ‫ڴڴڴ‬￦¼￦‫ܫڴڽ‬ϯ￦ ‫ڴںڷ‬Ζ‫ڴڴڴ‬￦￦ ￦
￦ ￘©§©­º¥¦°©￦ª¶³±￦ª¥§¸³¶￦￦
￦￦￦￦￦￦Ϯ‫ڹڶ‬Ζ‫ڴڴڴ‬￦ ￦σ‫ܫڹ‬￦¼￦‫ڴڴڸ‬Ζ‫ڴڴڴ‬σϯ￦ ‫ڹ‬Ζ‫ڴڴڴ‬￦￦ ￦
￦ ￒ³··￦³²￦·¥°©￦³ª￦¶©§©­º¥¦°©·￦(squeeze)￦ ‫ڹڷ‬Ζ‫ڴڴڴ‬￦￦ ￦
￦ ￦￦￦￦ￔ³¸©·￦´¥½¥¦°©￦ ￦ ‫ڴڴڸ‬Ζ‫ڴڴڴ‬￦
￦ ￦ ￦ ￦

ￚ»³￦ ￉¥·¬￦Ϯ‫ڴڴڸ‬Ζ‫ڴڴڴ‬￦¼￦‫ܫڴڽ‬ϯ￦ ‫ڴںڷ‬Ζ‫ڴڴڴ‬￦￦ ￦

￦ ￘©§©­º¥¦°©￦ª¶³±￦ª¥§¸³¶￦￦
￦￦￦￦￦￦Ϯ‫ڹڶ‬Ζ‫ڴڴڴ‬￦ ￦σ‫ܫڸ‬￦¼￦‫ڴڴڸ‬Ζ‫ڴڴڴ‬σϯ￦ ‫ڽ‬Ζ‫ڴڴڴ‬￦￦ ￦
￦ ￒ³··￦³²￦·¥°©￦³ª￦¶©§©­º¥¦°©·￦(squeeze)￦ ‫ڸڷ‬Ζ‫ڴڴڴ‬￦￦ ￦
￦ ￦￦￦￦ￔ³¸©·￦´¥½¥¦°©￦ ￦ ‫ڴڴڸ‬Ζ‫ڴڴڴ‬￦
￦ ￦￦￦￦ￋ·¸­±¥¸©¨￦¶©§³¹¶·©￦°­¥¦­°­¸½￦ ￦ ‫ڷ‬Ζ‫ڴڴڴ‬￦
￦

SUMMARY OF ANSWERS:
‫ڵ‬Κ￦ B ‫ڶ‬Κ￦ C


PROBLEM 10-21 Notes Receivable Discounting and Notes Receivable
Dishonored
CASE NO. 1
Question No. 1
ￖ¶­²§­´¥°￦ ￖ￦‫ڴڴں‬Ζ‫ڴڴڴ‬Κ‫ڴڴ‬￦
ￇ¨¨Ό￦ￏ²¸©¶©·¸￦³º©¶￦ª¹°°￦§¶©¨­¸￦´©¶­³¨￦Ϯ‫ڴڴں‬Ζ‫ڴڴڴ‬￦¼￦‫ܫڽ‬￦¼￦‫ڴڽ‬ϑ‫ڴںڷ‬ϯ ￦‫ڷڵ‬Ζ‫ڴڴڹ‬Κ‫ڴڴ‬
ￓ¥¸¹¶­¸½￦º¥°¹©￦ ‫ڷڵں‬Ζ‫ڴڴڹ‬Κ‫ڴڴ‬￦
ￒ©··Ό￦ￊ­·§³¹²¸￦Ϯ‫ڷڵں‬Ζ‫ڴڴڹ‬￦¼￦‫ܫڶڵ‬￦¼￦‫ڹں‬ϑ‫ڴںڷ‬ϯ￦ ￦‫ڷڵ‬Ζ‫ڶڽڶ‬Κ‫ڴڹ‬￦
ￔ©¸￦´¶³§©©¨·￦ª¶³±￦¨­·§³¹²¸­²«￦ (C)￦ P 600,207.50
￦

65
Chapter 10: Loans and Receivables

Question No. 2
ￔ©¸￦´¶³§©©¨·￦ª¶³±￦¨­·§³¹²¸­²«￦ ￖ￦￦‫ڴڴں‬Ζ‫ڻڴڶ‬Κ‫ڴڹ‬￦
ￒ©··Ό￦￉¥¶¶½­²«￦¥±³¹²¸￦³²￦¨¥¸©￦³ª￦¨­·§³¹²¸­²«￦ ￦ ￦
￦￦￦￦￦￦￦￦￦￦ￖ¶­²§­´¥°￦ ‫ڴڴں‬Ζ‫ڴڴڴ‬Κ‫ڴڴ‬￦ ￦
￦￦￦￦￦￦￦￦￦￦ￇ¨¨Ό￦ￏ²¸©¶©·¸￦Ϯ‫ڴڴں‬Ζ‫ڴڴڴ‬￦¼￦‫ܫڽ‬￦¼￦‫ڹڶ‬ϑ‫ڴںڷ‬ϯ ￦￦￦￦￦￦‫ڷ‬Ζ‫ڴڹڻ‬Κ‫ڴڴ‬￦ ￦￦￦￦‫ڷڴں‬Ζ‫ڴڹڻ‬Κ‫ڴڴ‬￦
ￒ³··￦³²￦²³¸©·￦¶©§©­º¥¦°©￦¨­·§³¹²¸­²«￦ (A)￦ ￦ (P 3,542.50)
￦

CASE NO. 2
Question No. 3
Loss of P3,524.50Κ￦ ￚ¬©￦ ¥±³¹²¸￦ ³ª￦ °³··￦ ¸³￦ ¦©￦ ¶©§³«²­¾©¨￦ ­·￦ §³±´¹¸©¨￦ ­²￦ ¥￦
·­±­°¥¶￦»¥½￦¥·￦¸³￦¸¬¥¸￦³ª￦¨­·§³¹²¸©¨￦²³¸©￦»­¸¬³¹¸￦¶©§³¹¶·©Κ￦ (A)￦
￦

Question No. 4
ￓ¥¸¹¶­¸½￦º¥°¹©￦³ª￦¸¬©￦²³¸©￦ ￖ￦‫ڷڵں‬Ζ‫ڴڴڹ‬￦
ￇ¨¨Ό￦ￖ¶³¸©·¸￦ª©©￦¥²¨￦³¸¬©¶￦¦¥²¯￦§¬¥¶«©·￦ ￦￦￦￦￦￦￦‫ڹ‬Ζ‫ڴڴڴ‬￦
￉¥·¬￦¶©§©­º©¨￦³²￦ￊ©§©±¦©¶￦‫ڵ‬￦ (C)￦ P618,500
￦

CASE NO. 3
Question No. 5
Interest expense of P3,524.50Κ￦￦ￚ¬©￦¥±³¹²¸￦³ª￦ ­²¸©¶©·¸￦©¼´©²·©￦­·￦§³±´¹¸©¨￦
­²￦ ¥￦ ·­±­°¥¶￦ »¥½￦ ¥·￦ ¸³￦¸¬¥¸￦ ³ª￦ ¨­·§³¹²¸©¨￦²³¸©￦»­¸¬³¹¸￦ ¶©§³¹¶·©￦ ³¶￦ §³²¨­¸­³²¥°￦
·¥°©Κ (A)￦
￦

Question No. 6
ￓ¥¸¹¶­¸½￦º¥°¹©￦³ª￦¸¬©￦²³¸©￦ ￖ￦‫ڷڵں‬Ζ‫ڴڴڹ‬￦
ￇ¨¨Ό￦ￖ¶³¸©·¸￦ª©©￦¥²¨￦³¸¬©¶￦¦¥²¯￦§¬¥¶«©·￦ ￦￦￦￦￦￦￦‫ڹ‬Ζ‫ڴڴڴ‬￦
￉¥·¬￦¶©§©­º©¨￦³²￦ￊ©§©±¦©¶￦‫ڵ‬￦ (C)￦ P618,500
￦

SUMMARY OF ANSWERS:
‫ڵ‬Κ￦ C ‫ڶ‬Κ￦ A ‫ڷ‬Κ￦ A ‫ڸ‬Κ￦ C ‫ڹ‬Κ￦ A ‫ں‬Κ￦ C
￦
￦
PROBLEM 10-22
Question No. 1
ￔ³¸©￦´¥½¥¦°©￦ ￖ￦‫ڴڹڶ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦ￊ­·§³¹²¸￦³²￦²³¸©￦´¥½¥¦°©￦Ϯ‫ڴڹڶ‬Ζ‫ڴڴڴ‬￦¼￦‫ܫڶڵ‬ϯ￦ Ϯ￦￦￦￦￦￦‫ڴڷ‬Ζ‫ڴڴڴ‬ϯ￦
￉¥¶¶½­²«￦¥±³¹²¸￦ ￦ￊ¥¸©￦³ª￦­··¹¥²§©￦ ￖ￦‫ڴڶڶ‬Ζ‫ڴڴڴ‬￦
￦

ￋªª©§¸­º©￦­²¸©¶©·¸￦¶¥¸©￦ ‫ܥ‬￦ￊ­·§³¹²¸ϑￔ©¸￦´¶³§©©¨·￦
￦ ￦ ￦ ‫ܥ‬￦‫ڴڷ‬Ζ‫ڴڴڴ‬ϑ‫ڴڶڶ‬Ζ‫ڴڴڴ‬￦
￦ ￦ ￦ ‫ܥ‬￦13.60% (D)￦
Question No. 2
Entry to record transaction
￉¥·¬￦ ‫ڴڶڶ‬Ζ‫ڴڴڴ‬￦￦ ￦
ￊ­·§³¹²¸￦³²￦²³¸©·￦´¥½¥¦°©￦ ‫ڴڷ‬Ζ‫ڴڴڴ‬￦￦ ￦
￦￦￦￦ￔ³¸©·￦´¥½¥¦°©￦ ￦ ‫ڴڹڶ‬Ζ‫ڴڴڴ‬￦￦
￦

SUMMARY OF ANSWERS:
‫ڵ‬Κ￦ D ‫ڶ‬Κ￦ B
66
Chapter 10: Loans and Receivables

COMPREHENSIVE PROBLEMS
PROBLEM 10-23
Question No. 1
￦ Credit Sales Accounts written off Recoveries
‫ڹڵڴڶ‬￦ ￦￦￦￦￦￦￦￦￦￦￦￦‫ڶ‬Ζ‫ڴڶڶ‬Ζ‫ڴڴڴ‬￦ ￦￦￦￦￦￦￦￦￦￦￦‫ڶڹ‬Ζ‫ڴڴڴ‬￦￦ ￦￦￦￦￦￦￦￦￦￦￦‫ڸ‬Ζ‫ڴڴڷ‬￦
‫ںڵڴڶ‬￦ ￦￦￦￦￦￦￦￦￦￦￦￦‫ڶ‬Ζ‫ڴڹڸ‬Ζ‫ڴڴڴ‬￦ ￦￦￦￦￦￦￦￦￦￦￦‫ڽڹ‬Ζ‫ڴڴڴ‬￦￦ ￦￦￦￦￦￦￦￦￦￦￦‫ڻ‬Ζ‫ڴڴڹ‬￦
‫ڻڵڴڶ‬￦ ￦￦￦￦￦￦￦￦￦￦￦￦‫ڶ‬Ζ‫ڴڷڽ‬Ζ‫ڴڴڴ‬￦ ￦￦￦￦￦￦￦￦￦‫ڴں‬Ζ‫ڴڴڴ‬￦￦ ￦￦￦￦￦￦￦￦￦￦￦￦￦￦‫ڻ‬Ζ‫ڴڴڶ‬￦
￦ ￦￦￦￦￦￦￦￦￦‫ڻ‬Ζ‫ڴڴں‬Ζ‫ڴڴڴ‬￦ ￦￦￦￦￦￦￦￦￦‫ڵڻڵ‬Ζ‫ڴڴڴ‬￦￦ ￦￦￦￦￦￦￦￦￦‫ڽڵ‬Ζ‫ڴڴڴ‬￦
￦

ￇ§§³¹²¸·￦»¶­¸¸©²￦³ªª￦minus￦￘©§³º©¶­©·
ￖ©¶§©²¸¥«© ‫ ܥ‬
ￚ³¸¥°￦§¶©¨­¸￦·¥°©·
ￚ³¸¥°￦½©¥¶·￦ª¶³±￦‫ڹڵڴڶ‬￦¸³￦‫ڻڵڴڶ‬Ό￦
‫ڵڻڵ‬Ζ‫ڴڴڴ‬￦ ￦‫ڽڵ‬Ζ‫ڴڴڴ‬
ￖ©¶§©²¸¥«© ‫ ܥ‬
‫ڻ‬Ζ‫ڴڴں‬Ζ‫ ڴڴڴ‬
￦

ￖ©¶§©²¸¥«©￦‫ܥ‬￦0.02 or 2%￦

Question No. 2
ￊ³¹¦¸ª¹°￦¥§§³¹²¸·￦©¼´©²·©￦Ϯ‫ڷ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦¼￦‫ܫڶ‬ϯ￦‫ܥ‬￦P60,000￦

Question No. 3
￘©´³¶¸©¨￦¨³¹¦¸ª¹°￦¥§§³¹²¸￦©¼´©²·©￦Ϯ¦¥¨￦¨©¦¸·￦»¶­¸¸©²￦³ªªϯ￦ ￖ￦‫ڶں‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦￉³¶¶©§¸￦¨³¹¦¸ª¹°￦¥§§³¹²¸￦©¼´©²·©￦Ϯ·©©￦No. 2ϯ￦ Ϯ￦￦￦￦‫ڴں‬Ζ‫ڴڴڴ‬ϯ￦
ￕº©¶·¸¥¸©±©²¸￦­²￦¨³¹¦¸ª¹°￦¥§§³¹²¸￦©¼´©²·©· P 2,000

Question No. 4
ￇ§§³¹²¸·￦¶©§©­º¥¦°©￦¸¶¥¨©￦
￈©«Κ￦￈¥°¥²§©￦ ‫ڼڵڸ‬Ζ‫ڴڴڴ‬ 645,600 ￈¥°¥²§©￦©²¨￦
￙¥°©·￦³²￦¥§§³¹²¸￦ ‫ڷ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬ ‫ڶں‬Ζ‫ ڴڴڴ‬￝¶­¸©Ο³ªª￦
￦ ‫ڶ‬Ζ‫ڴڵڻ‬Ζ‫ڴڴڸ‬￦ ￉³°°©§¸­³²·￦©¼§°¹¨­²«￦
¥¨º¥²§©￦ª¶³±￦§¹·¸³±©¶·￦
ￚ³¸¥°￦ ‫ڷ‬Ζ‫ڼڵڸ‬Ζ‫ڴڴڴ‬￦ ‫ڷ‬Ζ‫ڼڵڸ‬Ζ‫ڴڴڴ‬￦ ￦

Question No. 5
ￇ°°³»¥²§©￦ª³¶￦ￊ³¹¦¸ª¹°￦¥§§³¹²¸·￦
ￇ§§³¹²¸·￦»¶­¸¸©²￦³ªª￦ ‫ڶں‬Ζ‫ڴڴڴ‬ ‫ڹڵ‬Ζ‫ڴڴڶ‬￦ ￈©«Κ￦￈¥°¥²§©￦
￈¥°¥²§©￦©²¨￦ 21,600 ‫ڴں‬Ζ‫ڴڴڴ‬￦ ￊ³¹¦¸ª¹°￦¥§§³¹²¸·￦©¼´©²·©￦￦
￦ ‫ڼ‬Ζ‫ ڴڴڸ‬￘©§³º©¶­©·￦
ￚ³¸¥°￦ ‫ڷڼ‬Ζ‫ڴڴں‬￦ ‫ڷڼ‬Ζ‫ڴڴں‬￦ ￦

SUMMARY OF ANSWERS:
‫ڵ‬Κ￦ A ‫ڶ‬Κ￦ A ‫ڷ‬Κ￦ B ‫ڸ‬Κ￦ B ‫ڹ‬Κ￦ A

67
Chapter 10: Loans and Receivables

PROBLEM 10-24
Question No. 1
ￛ²¥¨®¹·¸©¨￦¥§§³¹²¸·￦¶©§©­º¥¦°©Ζ￦ￊ©§Κ￦‫ڵ‬￦(squeeze)￦ ￖ￦‫ڵڶ‬Ζ‫ڴڴڼ‬￦
ￇ¨¨Ό￦ￇ¨®¹·¸©¨￦²©¸￦·¥°©·￦ ￦‫ڹڹڶ‬Ζ‫ڴڴڴ‬￦
ￚ³¸¥°￦ ‫ںڻڶ‬Ζ‫ڴڴڼ‬￦
ￒ©··Ό￦￉³°°©§¸­³²·Ζ￦²©¸￦³ª￦¨­·§³¹²¸·￦ ￦‫ںڹڵ‬Ζ‫ڴڴڼ‬
￦￦￦￦￦￦￦￦￦￦ￋ·¸­±¥¸©¨￦¹²§³°°©§¸­¦°©￦¥§§³¹²¸·￦§¬¥¶«©¨￦¸³￦ￇ￘￦­²￦ￊ©§Κ￦ ￦‫ڴڷ‬Ζ‫ڴڴڴ‬￦
ￛ²¥¨®¹·¸©¨￦¥§§³¹²¸·￦¶©§©­º¥¦°©Ζ￦ￊ©§Κ￦‫ڵڷ‬￦ ￖ￦‫ڴڽ‬Ζ‫ڴڴڴ‬￦
￦

￙¹¦·­¨­¥¶½￦°©¨«©¶￦¦¥°¥²§©Ζ￦ￊ©§Κ￦‫ڵ‬ ￦ ￖ￦￦‫ڽڹ‬Ζ‫ڴڴڴ‬￦￦
ￒ©··Ό￦ￇ￘￦§³²¸¶³°°­²«￦¥§§³¹²¸Ζ￦ￊ©§Κ￦‫ڵ‬￦Ϯ·©©￦¥¦³º©ϯ￦ ‫ڵڶ‬Ζ‫ڴڴڼ‬￦ ￦
￦￦￦￦￦￦￦￦￦￦ￇ¨¨Ό￦ￋ·¸­±¥¸©¨￦¹²§³°°©§¸­¦°©￦¥§§³¹²¸￦￦
￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦§¬¥¶«©¨￦¸³￦ￇ￘￦­²￦ￊ©§Κ￦ ￦￦￦￦￦￦‫ں‬Ζ‫ڴڴڴ‬￦￦ ￦￦￦￦‫ڻڶ‬Ζ‫ڴڴڼ‬￦￦
￦ (D)￦ ￦ P31,200
￦
Question No. 2
￉³°°©§¸­³²Ζ￦²©¸￦³ª￦¨­·§³¹²¸￦ ￖ￦‫ںڹڵ‬Ζ‫ڴڴڼ‬￦
ￊ­º­¨©￦¦½Ό￦Ϯ‫ܫڴڴڵ‬Ο‫ܫڶ‬ϯ￦ ￦￦￦￦￦￦￦￦￦￦￦‫ܫڼڽ‬￦
ￚ³¸¥°￦§¶©¨­¸￦¸³￦ￇ￘￦ª³¶￦§³°°©§¸­³²￦ (A)￦ P160,000
￦
Question No. 3
￉¹·¸³±©¶￦§¶©¨­¸￦¦¥°¥²§©Ζ￦ￊ©§Κ￦‫ڵ‬￦ ￖ￦￦￦‫ڵڷ‬Ζ‫ڴڴڶ‬￦￦
ￒ©··Ό￦·¥°©￦¸³￦§¹·¸³±©¶￦»­¸¬￦§¶©¨­¸￦¦¥°¥²§©￦ ￦￦￦￦￦‫ڴڵ‬Ζ‫ڴڴڴ‬￦
￉¹·¸³±©¶￦￉¶©¨­¸￦¦¥°¥²§©Ζ￦ￊ©§Κ￦‫ڵڷ‬￦ (A)￦ P 21,200
￦
Question No. 4
ￛ²¥¨®¹·¸©¨￦￙¥°©·Ζ￦¦¥°¥²§©￦ ￖ￦‫ڴںڶ‬Ζ‫ڴڴڴ‬￦￦
¦ϯ￦￙¥°©·Ζ￦ￌￕ￈￦·¬­´´­²«￦´¸ΚΖ￦²³¸￦½©¸￦¶©§³¶¨©¨￦ ‫ڴڵ‬Ζ‫ڴڴڴ‬￦
§ϯ￦￙¥°©·Ζ￦ￌￕ￈￦¨©·¸­²¥¸­³²￦ Ϯ￦￦￦￦‫ڹڵ‬Ζ‫ڴڴڴ‬ϯ￦
ￇ¨®¹·¸©¨￦￙¥°©·￦¦¥°¥²§©￦ (A) P 255,000
￦
Question No. 5
￙¹¦·­¨­¥¶½￦°©¨«©¶Ζ￦¦¥°¥²§©Ζ￦‫ڶڵ‬ϑ‫ڵ‬￦ ￖ￦￦￦￦‫ڽڹ‬Ζ‫ڴڴڴ‬￦￦
ￇ¨¨Ό￦ￇ¨®¹·¸©¨￦￙¥°©·￦­²￦ￊ©§©±¦©¶￦ ￦￦￦‫ڹڹڶ‬Ζ‫ڴڴڴ‬￦￦
￦￦￦￦￦￦￦￦ￌ¶©­«¬¸￦´¶©´¥­¨￦¦½￦¸¬©￦§³±´¥²½￦ ￦￦￦￦￦￦￦￦‫ڵ‬Ζ‫ڴڴڴ‬￦￦
ￚ³¸¥°￦ ￖ￦￦‫ڹڵڷ‬Ζ‫ڴڴڴ‬￦￦
ￒ©··Ό￦¸³¸¥°￦§¶©¨­¸￦¸³￦ￇ￘￦ª³¶￦§³°°Κ￦ ￦￦￦￦‫ڴںڵ‬Ζ‫ڴڴڴ‬￦￦
ￇ¨®¹·¸©¨￦¥§§³¹²¸·￦¶©§©­º¥¦°©￦­²￦ￊ©§Κ￦(B)￦ P 155,000
￦
SUMMARY OF ANSWERS:
‫ڵ‬Κ￦ D ‫ڶ‬Κ￦ A ‫ڷ‬Κ￦ A ‫ڸ‬Κ￦ A ‫ڹ‬Κ￦ B
￦
￦

68
Chapter 10: Loans and Receivables

PROBLEM 10-25
Question No. 1
Balance Accounts
Dec. 31 Not due 1-60 days 61-120 days Over 120
‫ڵ‬￦ ‫ڶڵ‬Ζ‫ڴڴڴ‬￦ ‫ڷ‬Ζ‫ڴڴڴ‬￦ ‫ڼ‬Ζ‫ڴڴڴ‬￦ ‫ڵ‬Ζ‫ڴڴڴ‬￦ ￦
‫ڶ‬￦ ‫ڶڶ‬Ζ‫ڴڴڴ‬ ‫ڶڶ‬Ζ‫ڴڴڴ‬ ￦
‫ڸ‬￦ ‫ڴڶ‬Ζ‫ڴڴڴ‬￦ ￦ ￦ ‫ڴڵ‬Ζ‫ڴڴڴ‬￦ ‫ڴڵ‬Ζ‫ڴڴڴ‬￦
‫ڹ‬￦ ‫ڹڹ‬Ζ‫ڴڴڴ‬￦ ‫ڶ‬Ζ‫ڴڶڶ‬￦ ‫ڶڹ‬Ζ‫ڴڼڻ‬￦ ￦ ￦
‫ں‬￦ ‫ڻ‬Ζ‫ڴڴڹ‬ ‫ڻ‬Ζ‫ڴڴڹ‬ ￦
￦ 116,500 ‫ڻڶ‬Ζ‫ڴڶڶ‬ ‫ڼں‬Ζ‫ڴڼڶ‬￦ ‫ڵڵ‬Ζ‫ڴڴڴ‬￦ ‫ڴڵ‬Ζ‫ڴڴڴ‬￦
￦ ￓ¹°¸­´°½￦¦½Ό￦ ‫ڴ‬Κ‫ܫڴڹ‬￦ ‫ܫڶ‬￦ ‫ܫڹ‬￦ ‫ܫڴڹ‬￦
￦ ￦ ‫ںڷڵ‬Κ‫ڴڵ‬￦ ‫ڵ‬Ζ‫ڹںڷ‬Κ‫ڴں‬￦ ‫ڴڹڹ‬￦ ‫ڹ‬Ζ‫ڴڴڴ‬Κ‫ڴڴ‬￦
￦

Question Nos. 2 and 3

￘©µ¹­¶©¨￦¦¥°¥²§©￦Ϯￖ‫ںڷڵ‬Κ‫ܩڴڵ‬ￖ‫ڵ‬Ζ‫ڹںڷ‬Κ‫ܩڴں‬ￖ‫ܩڴڹڹ‬ￖ‫ڹ‬Ζ‫ڴڴڴ‬ϯ￦ ￖ￦7,051.70￦￦
ￒ©··Ό￦ￇ°°³»¥²§©￦ª³¶￦¨³¹¦¸ª¹°￦¥§§³¹²¸·Ζ￦¦©«­²²­²«￦ ￦ ￦￦￦￦￦‫ڹ‬Ζ‫ڴڴڴ‬Κ‫ڴڴ‬￦
ￊ³¹¦¸ª¹°￦¥§§³¹²¸·￦©¼´©²·© P 2,051.70
￦
Question Nos. 4 and 5
Interest Accrued interest
Interest income income income
￦￦￦￦Ϯ‫ڴڶڵ‬Ζ‫ڴڴڴ‬￦￞￦‫ܫں‬￦￞￦‫ڶ‬ϑ‫ڶڵ‬ϯ￦￦ ￖ￦￦‫ڵ‬Ζ‫ڴڴڶ‬￦￦ ￖ￦￦￦￦￦￦￦￦￦￦￦Ο￦￦￦
￦￦￦￦Ϯ‫ڴڴڵ‬Ζ‫ڴڴڴ‬￦￞￦‫ܫں‬￦￞￦‫ڵ‬ϑ‫ڶڵ‬ϯ￦￦ ￦￦￦￦￦￦￦‫ڴڴڹ‬￦￦ ￦￦￦￦￦￦￦‫ڴڴڹ‬￦
ￏ²¸©¶©·¸￦­²§³±©￦ ￦ P 1,700 P 500
￦
SUMMARY OF ANSWERS:
‫ڵ‬Κ D ‫ڶ‬Κ C ‫ڷ‬Κ￦ B ‫ڸ‬Κ￦ D ‫ڹ‬Κ￦ A
￦

PROBLEM 10-26
Question No. 1
ￖ¶­²§­´¥°￦ ‫ڸ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
ￕ¶­«­²¥¸­³²￦ª©©·￦¶©§©­º©¨￦ Ϯ‫ڶڸڷ‬Ζ‫ڴڴڵ‬ϯ￦
ￊ­¶©§¸￦³¶­«­²¥¸­³²￦§³·¸￦­²§¹¶¶©¨ ‫ڴڹڵ‬Ζ‫ڴڶڴ‬￦
ￏ²­¸­¥°￦￉¥¶¶½­²«￦¥±³¹²¸￦³ª￦¸¬©￦°³¥²￦ 3,807,920

Question No. 2
￈½￦ ¸¶­¥°￦ ¥²¨￦ ©¶¶³¶Ζ￦ 12%￦ ­²¸©¶©·¸￦ ¶¥¸©￦ »­°°￦ ¬¥º©￦ ¥￦ ´¶©·©²¸￦ º¥°¹©￦ ©µ¹¥°￦ ¸³￦ ¸¬©￦
­²­¸­¥°￦§¥¶¶½­²«￦¥±³¹²¸￦³ª￦¸¬©￦°³¥²Κ￦
ￖ¶©·©²¸￦º¥°¹©￦³ª￦ￖ¶­²Κ￦Ϯ‫ڸ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦¼￦Κ‫ڼڵڵڻ‬ϯ￦ ‫ڶ‬Ζ‫ڻڸڼ‬Ζ‫ڴڴڶ‬￦
ￖ¶©·©²¸￦º¥°¹©￦³ª￦ￏ²¸Κ￦Ϯ‫ڸ‬ￓ￦¼￦‫ܫڴڵ‬￦¼￦‫ڶ‬Κ‫ڼڵڴڸ‬ϯ￦ ‫ڴںڽ‬Ζ‫ڴڶڻ‬￦
ￖ¶©·©²¸￦º¥°¹©￦³ª￦ￒ³¥²￦￘©§©­º¥¦°©￦ ‫ڷ‬Ζ‫ڻڴڼ‬Ζ‫ڴڶڽ‬￦

69
Chapter 10: Loans and Receivables

Question Nos. 3 and 4

Interest Carrying
Date Collections Income Amortization amount
‫ڵڴ‬ϑ‫ڵڴ‬ϑ‫ڼڵڴڶ‬￦ ￦ ￦ ￦ ‫ڷ‬Ζ‫ڻڴڼ‬Ζ‫ڴڶڽ‬￦
‫ڵڷ‬ϑ‫ڶڵ‬ϑ‫ڼڵڴڶ‬￦ ‫ڴڴڸ‬Ζ‫ڴڴڴ‬￦ 456,950 ‫ںڹ‬Ζ‫ڴڹڽ‬￦ 3,864,870
‫ڵڷ‬ϑ‫ڶڵ‬ϑ‫ڽڵڴڶ‬￦ ‫ڴڴڸ‬Ζ‫ڴڴڴ‬￦ ‫ڷںڸ‬Ζ‫ڸڼڻ‬￦ ‫ڷں‬Ζ‫ڸڼڻ‬￦ ‫ڷ‬Ζ‫ڼڶڽ‬Ζ‫ڹڹں‬￦
‫ڵڷ‬ϑ‫ڶڵ‬ϑ‫ڴڶڴڶ‬￦ ‫ڴڴڸ‬Ζ‫ڴڴڴ‬￦ ‫ڵڻڸ‬Ζ‫ڽڷڸ‬￦ ‫ڵڻ‬Ζ‫ںڸڷ‬￦ ‫ڸ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦

Question No. 5
ZeroΖ￦ ￇ·￦³ª￦ￊ©§©±¦©¶￦‫ڵڷ‬Ζ￦ ‫ڼڵڴڶ‬Ζ￦¸¬©￦©²¸­¶©￦°³¥²￦´¶³§©©¨·￦»­°°￦¦©￦ §³°°©§¸­¦°©￦³²￦
ￊ©§©±¦©¶￦‫ڵڷ‬Ζ￦‫ڴڶڴڶ‬Ζ￦¸¬¥¸￦­·￦¸»³￦½©¥¶·￦ª¶³±￦¸¬©￦¶©´³¶¸­²«￦¨¥¸©Κ￦
￦

SUMMARY OF ANSWERS:
‫ڵ‬Κ￦ A ‫ڶ‬Κ￦ C ‫ڷ‬Κ￦ B ‫ڸ‬Κ￦ A ‫ڹ‬Κ￦ A
￦

PROBLEM 10-27
Question No. 1
￦ ￇ²²¹¥°￦￉¥·¬￦ ￖￜ￦ ￦
ￊ¥¸©￦ ª°³»·￦ ª¥§¸³¶ ￇ±³¹²¸￦
ￊ©§Κ￦‫ڵڷ‬Ζ￦‫ڻڵڴڶ‬￦ ￦￦￦ￖ‫ڵ‬Ζ‫ڴڹڻ‬Ζ‫ڴڴڴ‬￦￦ ‫ڴ‬Κ‫ڵڽڴڽ‬￦ ￖ￦‫ڵ‬Ζ‫ڴڽڹ‬Ζ‫ڹڶڽ‬￦￦
ￊ©§Κ￦‫ڵڷ‬Ζ￦‫ڼڵڴڶ‬￦ ￦￦￦‫ڶ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦￦ ‫ڴ‬Κ‫ڸںڶڼ‬￦ ￦‫ڵ‬Ζ‫ڶڹں‬Ζ‫ڴڴڼ‬￦￦
ￊ©§Κ￦‫ڵڷ‬Ζ￦‫ڽڵڴڶ‬￦ ￦￦￦‫ڵ‬Ζ‫ڴڹڻ‬Ζ‫ڴڴڴ‬￦￦ ‫ڴ‬Κ‫ڷڵڹڻ‬￦ ￦￦￦‫ڵ‬Ζ‫ڸڵڷ‬Ζ‫ڹڻڻ‬￦￦
￦ ￚ³¸¥°￦ P 4,558,500
￦
Question No. 2
￉¥¶¶½­²«￦¥±³¹²¸￦³ª￦¸¬©￦°³¥²￦ ￖ￦￦‫ڹ‬Ζ‫ڴڴڹ‬Ζ‫ڴڴڴ‬￦￦
ￒ©··Ό￦ￖ¶©·©²¸￦º¥°¹©￦³ª￦¸¬©￦°³¥²￦ ￦￦￦￦￦‫ڸ‬Ζ‫ڼڹڹ‬Ζ‫ڴڴڹ‬￦￦
ￏ±´¥­¶±©²¸￦°³··￦ ￦ P 941,500
￦
Question Nos. 3 to 5￦
Interest Reduction to Carrying
Date Payment Income Principal amount
‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ںڵڴڶ‬￦ ￦ ￦ ￦ ￖ‫ڸ‬Ζ‫ڼڹڹ‬Ζ‫ڴڴڹ‬￦
‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ڻڵڴڶ‬ ￖ‫ڵ‬Ζ‫ڴڹڻ‬Ζ‫ڴڴڴ‬￦￦ P455,850 ￖ‫ڵ‬Ζ‫ڸڽڶ‬Ζ‫ڴڹڵ‬￦ ￦￦‫ڷ‬Ζ‫ڸںڶ‬Ζ‫ڴڹڷ‬￦
‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ڼڵڴڶ‬ ￦￦￦‫ڶ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦￦ 326,435 ￦‫ڵ‬Ζ‫ڷڻں‬Ζ‫ڹںڹ‬￦ ￦￦1,590,785
‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ڽڵڴڶ‬￦ ￦￦￦‫ڵ‬Ζ‫ڴڹڻ‬Ζ‫ڴڴڴ‬￦￦ ‫ڽڹڵ‬Ζ‫ڽڻڴ‬￦￦ ￦‫ڵ‬Ζ‫ڴڽڹ‬Ζ‫ڹڼڻ‬￦ ￦￦￦￦￦￦￦￦￦￦￦￦￦￦Ο￦￦￦
￦
SUMMARY OF ANSWERS:
‫ڵ‬Κ C ‫ڶ‬Κ A ‫ڷ‬Κ￦ B ‫ڸ‬Κ￦ A ‫ڹ‬Κ C
￦
￦

70
Chapter 10: Loans and Receivables

PROBLEM 10-28
Question Nos. 1 to 4
Accounts Allow Mdse. Net Cost of
Receivable for DA Inventory Sales Sales
ￛ²¥¨®¹·¸©¨￦¦¥°¥²§©·￦ ‫ڴڴڷ‬Ζ‫ڴڴڴ‬￦ ‫ڷ‬Ζ‫ڴڴڴ‬￦ ‫ڴڴڸ‬Ζ‫ڴڴڴ‬￦ ‫ڵ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦ ‫ڴڴڼ‬Ζ‫ڴڴڴ‬￦
‫ڶ‬ϯ￦￙¥°©￦¶©¸¹¶²￦ Ϯ‫ڴڷ‬Ζ‫ڴڴڴ‬ϯ￦ ￦ ￦ Ϯ‫ڴڷ‬Ζ‫ڴڴڴ‬ϯ￦ ￦
￦￦￦￉³·¸￦³ª￦¶©¸¹¶²￦￦￦￦
￦￦￦￦ￓ©¶§¬¥²¨­·©￦ ￦ ￦ ￦ ￦ ￦
Ϯ‫ڴڷ‬Ζ‫ڴڴڴ‬￦¼￦‫ܫڴڼ‬ϯ￦ ￦ ￦ ‫ڸڶ‬Ζ‫ڴڴڴ‬￦ ￦ Ϯ‫ڸڶ‬Ζ‫ڴڴڴ‬ϯ￦
‫ڷ‬ϯ￙¥°©·￦ￌￕ￈￦·¬­´´­²«￦
´³­²¸￦ ￦ ￦ ￦ ￦ ￦
²³¸￦¶©§³¶¨©¨￦¥·￦￦ ￦ ￦ ￦ ￦ ￦
￙¥°©￦ ‫ڴڸ‬Ζ‫ڴڴڴ‬￦ ￦ ￦ ‫ڴڸ‬Ζ‫ڴڴڴ‬￦ ￦
￦￦￉³·¸￦³ª￦±¨·©￦·³°¨￦ ￦ ￦ ￦ ￦ ￦
Ϯ‫ڴڸ‬Ζ‫ڴڴڴ‬￦¼￦‫ܫڴڼ‬ϯ￦ ￦ ￦ Ϯ‫ڶڷ‬Ζ‫ڴڴڴ‬ϯ￦ ￦ ‫ڶڷ‬Ζ‫ڴڴڴ‬￦
‫ڸ‬ϯ￦ￍ³³¨·￦·¬­´´©¨￦
ￌￕ￈￦ ￦ ￦ ￦ ￦ ￦
ￊ©·¸­²¥¸­³²￦¶©§³¶¨©¨￦
¥·￦·¥°©￦ Ϯ‫ڴڹ‬Ζ‫ڴڴڴ‬ϯ￦ ￦ ￦ Ϯ‫ڴڹ‬Ζ‫ڴڴڴ‬ϯ￦ ￦
￦￉³·¸￦³ª￦«³³¨·￦￦ ￦ ￦ ￦ ￦ ￦
￦￦Ϯ‫ڴڹ‬Ζ‫ڴڴڴ‬￦¼￦‫ܫڴڼ‬ϯ￦ ￦ ￦ ‫ڴڸ‬Ζ‫ڴڴڴ‬￦ ￦ Ϯ‫ڴڸ‬Ζ‫ڴڴڴ‬ϯ￦
‫ں‬ϯ￦ￊ³¹¦¸ª¹°￦¥§§¸·￦©¼´￦ ￦ Ϯ‫ڶڵ‬Ζ‫ڴڴڴ‬ϯ￦ ￦ ￦ ￦
ￇ¨®¹·¸©¨￦¦¥°Κ￦ 260,000 15,000 432,000 960,000 768,000
￦

Question No. 5
ￇ§§³¹²¸·￦¶©§©­º¥¦°©￦ ￖ￦‫ڴںڶ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦ￇ°°³»¥²§©￦ª³¶￦¨³¹¦¸ª¹°￦¥§§³¹²¸·￦ Ϯ￦￦￦‫ڹڵ‬Ζ‫ڴڴڴ‬ϯ￦
ￔ©¸￦¶©¥°­¾¥¦°©￦º¥°¹©￦ P245,000
￦

SUMMARY OF ANSWERS:
‫ڵ‬Κ￦ B ‫ڶ‬Κ￦ B ‫ڷ‬Κ￦ B ‫ڸ‬Κ￦ B ‫ڹ‬Κ￦ C


PROBLEM 10-29
Question No. 1
Estimated
Classification Balance
Percentage Amount
‫ڵ‬Ο‫ڴں‬￦￦¨¥½·￦ ￖ￦‫ڵ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦ ‫ܫڵ‬￦ ￖ￦￦￦￦￦‫ڴڵ‬Ζ‫ڴڴڴ‬￦
‫ڵں‬Ο‫ڴڶڵ‬￦¨¥½· ‫ڴڴڸ‬Ζ‫ڴڴڴ‬ ‫ܫڹ‬￦ ￦￦￦￦￦￦￦￦￦￦‫ڴڶ‬Ζ‫ڴڴڴ‬￦
‫ڵڶڵ‬Ο‫ڴڼڵ‬￦¨¥½·￦ ‫ڴڴڷ‬Ζ‫ڴڴڴ‬￦ ‫ܫڴڵ‬￦ ￦￦￦￦￦￦￦￦￦￦‫ڴڷ‬Ζ‫ڴڴڴ‬￦
‫ڵڼڵ‬Ο‫ڴںڷ‬￦¨¥½·￦ ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦ ‫ܫڹڶ‬￦ ￦￦￦￦￦￦￦￦￦￦‫ڴڹ‬Ζ‫ڴڴڴ‬￦
ￓ³¶©￦¸¬¥²￦³²©￦½©¥¶￦ ￦￦￦￦￦￦￦￦‫ڴں‬Ζ‫ڴڴڴ‬ ‫ܫڴڼ‬￦ ￦￦￦￦￦￦￦‫ڼڸ‬Ζ‫ڴڴڴ‬￦
ￚ³¸¥°·￦ ￖ￦‫ڵ‬Ζ‫ڴںڽ‬Ζ‫ڴڴڴ‬￦ ￦ P 158,000
￦
Question No. 2
ￇ§§³¹²¸·￦¶©§©­º¥¦°©Ζ￦¥¨®¹·¸©¨￦Ϯ·©©￦²³Κ￦‫ڵ‬ϯ￦ ￖ￦‫ڵ‬Ζ‫ڴںڽ‬Ζ‫ڴڴڴ‬￦￦
ￒ©··Ό￦ￇ°°³»¥²§©￦ª³¶￦¨³¹¦¸ª¹°￦¥§§³¹²¸·Ζ￦©²¨￦Ϯ·©©￦²³Κ￦‫ڵ‬ϯ￦ ￦￦￦￦￦￦‫ڼڹڵ‬Ζ‫ڴڴڴ‬￦￦
ￔ©¸￦¶©¥°­¾¥¦°©￦º¥°¹©￦ P1,802,000￦

71
Chapter 10: Loans and Receivables

￦
Question No. 3
ￊ³¹¦¸ª¹°￦¥§§³¹²¸·￦´©¶￦¦³³¯·￦Ϯ‫ڽ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦¼￦‫ܫڶ‬ϯ￦ ￖ￦￦‫ڴڼڵ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦Єￇ¨®¹·¸©¨￦¨³¹¦¸ª¹°￦¥§§³¹²¸·￦©¼´©²·©￦ ￦￦￦￦‫ڼڼڵ‬Ζ‫ڴڴڴ‬￦
ￛ²¨©¶·¸¥¸©±©²¸￦³ª￦¨³¹¦¸ª¹°￦¥§§³¹²¸·￦ Ϯￖ￦￦￦￦‫ڼ‬Ζ‫ڴڴڴ‬ϯ￦
￦
Єￇ¨®¹·¸©¨￦¨³¹¦¸ª¹°￦¥§§³¹²¸￦©¼´©²·©￦
Allowance for Doubtful accounts
￝¶­¸©￦³ªª￦Ϯ‫ڴڴڵ‬Ζ‫ڴڸܩڴڴڴ‬Ζ‫ڴڴڴ‬ϯ￦ ‫ڴڸڵ‬Ζ‫ڴڴڴ‬￦ ‫ڴڽ‬Ζ‫ڴڴڴ‬￦ ￈©«Κ￦￈¥°¥²§©￦
￈¥°¥²§©￦©²¨￦Ϯ¶©µ¹­¶©¨ϯ ‫ڼڹڵ‬Ζ‫ڴڴڴ‬￦ ‫ڴڶ‬Ζ‫ڴڴ‬￦ ￘©§³º©¶­©·￦
￦ ￦ ‫ڼڼڵ‬Ζ‫ڴڴڴ‬￦ ￊ³¹¦¸ª¹°￦¥§§³¹²¸￦©¼´©²·©￦
￦ ￦ ￦ ￦
ￚ³¸¥°￦ ‫ڼڽڶ‬Ζ‫ڴڴڴ‬￦ ‫ڼڽڶ‬Ζ‫ڴڴڴ‬￦ ￦
￦

Question No. 4
ￚ³¸¥°￦§¥¶¶½­²«￦º¥°¹©￦￦ ￖ‫ڷ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦ЄЄￖ¶©·©²¸￦º¥°¹©￦³ª￦¸¬©￦°³¥² ‫ڶ‬Ζ‫ڴڽڻ‬Ζ‫ڴڴڴ‬￦￦
ￏ±´¥­¶±©²¸￦°³··￦ P 210,000￦
￦

Є￉³±´¹¸¥¸­³²￦³ª￦´¶©·©²¸￦º¥°¹©￦
Annual Cash flow PV factor Total
ￖ‫ڵ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦￦ ‫ڵ‬Κ‫ڴڴ‬￦ ￖ￦‫ڵ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦￦
‫ڵ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦￦ ‫ڴ‬Κ‫ڷڽ‬￦ ￦￦￦￦￦￦￦‫ڴڷڽ‬Ζ‫ڴڴڴ‬￦￦
‫ڵ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦￦ ‫ڴ‬Κ‫ںڼ‬￦ ￦￦￦￦￦￦￦‫ڴںڼ‬Ζ‫ڴڴڴ‬￦￦
ￚ³¸¥°￦ￖ¶©·©²¸￦º¥°¹©￦³ª￦¸¬©￦°³¥²￦ ￖ￦‫ڶ‬Ζ‫ڴڽڻ‬Ζ‫ڴڴڴ‬￦￦
￦

Question No. 5
Interest Amortizatio Carrying
Date Collections Income n amount
‫ڵڴ‬ϑ‫ڵڴ‬ϑ‫ڼڵڴڶ‬￦ ￦ ￦ ￦ ‫ڶ‬Ζ‫ڴڽڻ‬Ζ‫ڴڴڴ‬￦
‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ڼڵڴڶ‬￦ ‫ڵ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦ ‫ڵ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦ ‫ڵ‬Ζ‫ڴڽڻ‬Ζ‫ڴڴڴ‬￦
‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ڽڵڴڶ‬￦ ‫ڵ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦ 143,200 ‫ںڹڼ‬Ζ‫ڴڴڼ‬￦ ‫ڷڷڽ‬Ζ‫ڴڴڶ‬￦
￦

SUMMARY OF ANSWERS:
‫ڵ‬Κ￦ A ‫ڶ‬Κ￦ B ‫ڷ‬Κ￦ D ‫ڸ‬Κ￦ B ‫ڹ‬Κ￦ B


PROBLEM 10-30
￦

Question No. 1
ￇ§§³¹²¸·￦¶©§©­º¥¦°©Ζ￦¹²¥¨®¹·¸©¨￦¦¥°¥²§©￦ ￦
￦ￖ©¶￦·¹¦·­¨­¥¶½￦°©¨«©¶ ￖ‫ڵ‬Ζ‫ڴںں‬Ζ‫ڴڴڴ‬￦
￦ￔ³¸©￦¶©§©­º¥¦°©￦­²§°¹¨©¨￦­²￦¸¬©￦ￇ￘￦ Ϯ‫ڴڴڶ‬Ζ‫ڴڴڴ‬ϯ￦
￦ￌ¥§¸³¶©¨￦ￇ§§³¹²¸·￦¶©§©­º¥¦°©￦ Ϯ‫ڴںڵ‬Ζ‫ڴڴڴ‬ϯ￦
￦￙¥°©·￦ￌￕ￈￦·¬­´´­²«￦´³­²¸ ￦￦￦￦￦￦‫ڴڴڵ‬Ζ‫ڴڴڴ‬￦
￦ￇ¨®¹·¸©¨￦ￇ￘￦¦¥°¥²§©￦ P1,400,000￦
￦

72
Chapter 10: Loans and Receivables

Question No. 2
ￇ°°³»¥²§©￦ª³¶￦¨³¹¦¸ª¹°￦¥§§¸·Ζ￦¦©«Κ ￖ￦￦‫ڴڴڵ‬Ζ‫ڴڴڴ‬￦
ￇ¨¨Ό￦ￊ³¹¦¸ª¹°￦¥§§³¹²¸·￦Ϯￖ‫ڹڵ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦‫ܩ‬￦ￖ‫ڴڴڵ‬Ζ‫ڴڴڴ‬ϯ￦¼￦‫ܫڵ‬￦￦ ￦￦￦￦‫ڵڹڵ‬Ζ‫ڴڴڴ‬￦
ￚ³¸¥°￦ ￖ￦￦‫ڵڹڶ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦ￇ§§³¹²¸·￦»¶­¸¸©²￦³ªª￦ ￦￦￦￦￦￦‫ڼڶ‬Ζ‫ڴڴڴ‬￦
ￇ°°³»¥²§©￦ª³¶￦¨³¹¦¸ª¹°￦¥§§¸·Ζ￦©²¨￦ P 223,000
￦

Question No. 3
ￛ²¥¨®¹·¸©¨￦ￔ©¸￦￙¥°©·￦ ￖ‫ڹڵ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
ￇ¨¨Ό￦￙¥°©·Ζ￦ￌￕ￈￦·¬­´´­²«￦´³­²¸￦ ￦￦￦￦￦￦￦￦￦‫ڴڴڵ‬Ζ‫ڴڴڴ‬￦
ￚ³¸¥°￦￙¥°©·￦ ￖ￦‫ڹڵ‬Ζ‫ڴڴڵ‬Ζ‫ڴڴڴ‬￦
ￓ¹°¸­´°½￦¦½Ό￦¶¥¸©￦ ￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦‫ܫڵ‬￦
ￊ³¹¦¸ª¹°￦¥§§³¹²¸·￦ P 151,000
￦

Question No. 4
No effectΚ￦￦ￚ¬©￦¥¹¨­¸￦¥¨®¹·¸±©²¸·￦¨­¨￦²³¸￦¶©·¹°¸￦¸³￦¥²½￦§¬¥²«©·￦¸³￦­²º©²¸³¶½￦
¥§§³¹²¸Κ￦
￦

Question No. 5
￙¥°©·Ζ￦ￌￕ￈￦·¬­´´­²«￦´³­²¸￦ ￦ ￦ ￦ ￦ P 100,000￦
￦

SUMMARY OF ANSWERS:
‫ڵ‬Κ￦ D ‫ڶ‬Κ￦ A ‫ڷ‬Κ￦ D ‫ڸ‬Κ￦ D ‫ڹ‬Κ￦ A


PROBLEM 10-31
Question No. 1
ￇ§§³¹²¸·￦¶©§©­º¥¦°©￦ª¥§¸³¶©¨￦ ￦ ￖ￦￦‫ڴڴڸ‬Ζ‫ڴڴڴ‬￦￦
ￒ©··Ό￦￙©¶º­§©￦§¬¥¶«©￦Ϯ‫ڴڴڸ‬Ζ‫ڴڴڴ‬￦¼￦‫ܫڹ‬ϯ ‫ڴڶ‬Ζ‫ڴڴڴ‬
￦￦￦￦￦￦￦￦￦￦￘©§©­º¥¦°©￦ª¶³±￦ª¥§¸³¶￦Ϯ‫ڴڴڸ‬Ζ‫ڴڴڴ‬￦¼￦‫ܫڴڶ‬ϯ￦ ￦￦￦￦￦￦‫ڴڼ‬Ζ‫ڴڴڴ‬￦ ￦￦￦￦‫ڴڴڵ‬Ζ‫ڴڴڴ‬￦￦
￦ ￦ P300,000
￦

Question No. 2
ￖ¶­²§­´¥°￦ ￖ￦‫ڴڴڷ‬Ζ‫ڴڴڴ‬￦
ￇ¨¨Ό￦ￏ²¸©¶©·¸￦³º©¶￦ª¹°°￦§¶©¨­¸￦´©¶­³¨￦Ϯ‫ڴڴڷ‬Ζ‫ڴڴڴ‬￦¼￦‫ܫڶڵ‬￦¼￦‫ں‬ϑ‫ڶڵ‬ϯ￦ ￦‫ڼڵ‬Ζ‫ڴڴڴ‬￦
ￓ¥¸¹¶­¸½￦º¥°¹©￦ ‫ڼڵڷ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦ￊ­·§³¹²¸￦Ϯ‫ڼڵڷ‬Ζ‫ڴڴڴ‬￦¼￦‫ܫڶڵ‬￦¼￦‫ڷ‬ϑ‫ڶڵ‬ϯ￦ ￦‫ڵڵ‬Ζ‫ڹڶڽ‬￦
ￔ©¸￦´¶³§©©¨·￦ª¶³±￦¨­·§³¹²¸­²«￦ P 306,075
￦

Question No. 3
ￓ¥¸¹¶­¸½￦º¥°¹©￦³ª￦¸¬©￦²³¸©·￦Ϯ·©©￦­¸©±￦­²￦ￔ³Κ￦‫ڶ‬ϯ￦ ‫ڼڵڷ‬Ζ‫ڴڴڴ‬￦
ￇ¨¨Ό￦ￖ¶³¸©·¸￦ª©©￦ ￦‫ڶڵ‬Ζ‫ڴڴڴ‬￦
ￚ³¸¥°￦§¥·¬￦´¥­¨ϑￇ±³¹²¸￦¸³￦¦©￦¨©¦­¸©¨￦¸³￦ￇ￘￦ P 330,000
￦

Question No. 4
ￔ³¸©￦´¥½¥¦°©￦Ϯ‫ܫڴڼ‬￦¼￦ￖ‫ڴڴں‬Ζ‫ڴڴڴ‬ϯ￦ ‫ڴڼڸ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦￙©¶º­§©￦ª©©￦Ϯ‫ܫڹ‬￦¼￦ￖ‫ڴڴں‬Ζ‫ڴڴ‬ϯ￦ ￦‫ڴڷ‬Ζ‫ڴڴڴ‬￦
￉¥·¬￦¶©§©­º©¨￦ P 450,000
￦

73
Chapter 10: Loans and Receivables

Question No. 5
ￚ³¸¥°￦￉¥·¬￦´¥­¨￦Ϯ·©©￦ￔ³Κ￦‫ڷ‬ϯ ‫ڴڷڷ‬Ζ‫ڴڴڴ‬￦
ￇ¨¨Ό￦ￏ²¸©¶©·¸￦­²§³±©￦Ϯￖ‫ڴڷڷ‬Ζ‫ڴڴڴ‬￦¼￦‫ܫڶڵ‬￦¼￦‫ڶ‬ϑ‫ڶڵ‬ϯ￦ ￦‫ں‬Ζ‫ڴڴں‬￦
￉¥·¬￦¶©§©­º©¨￦ P 336,600
￦

Question No. 6
ￇ§§³¹²¸·￦¶©§©­º¥¦°©Ο¹²¥··­«²©¨￦￦
￦￦￦Ϯ‫ڶ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬Ο‫ڴڴڴڷ‬Ζ‫ڴڴڴ‬Ο‫ڴڴڸ‬Ζ‫ڴڴڴ‬Ο‫ڴڴں‬Ζ‫ڴڴڴ‬ϯ￦ ￖ￦‫ڴڴڻ‬Ζ‫ڴڴڴ‬￦
ￇ¨¨Ό￦ￇ§§³¹²¸·￦¶©§©­º¥¦°©￦¥··­«²©¨ ￦‫ڴڴں‬Ζ‫ڴڴڴ‬￦
ￚ³¸¥°￦ ‫ڵ‬Ζ‫ڴڴڷ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦ￒ©··Ό￦ￇ°°³»¥²§©￦ª³¶￦¨³¹¦¸ª¹°￦¥§§³¹²¸·￦Ϯ‫ڵ‬Ζ‫ڴڴڷ‬Ζ‫ڴڴڴ‬￦¼￦‫ܫڹ‬ϯ￦ ￦‫ڹں‬Ζ‫ڴڴڴ‬￦
ￔ©¸￦¶©¥°­¾¥¦°©￦º¥°¹©￦ P1,235,000
￦

SUMMARY OF ANSWERS:
‫ڵ‬Κ￦ B ‫ڶ‬Κ￦ C ‫ڷ‬Κ￦ A ‫ڸ‬Κ￦ B ‫ڹ‬Κ￦ D ‫ں‬Κ￦ D


PROBLEM 10-32
Question Nos. 1 to 3
60 days
￦ and over
Total below
61-90days 90 days
ￛ²¥¨®¹·¸©¨￦¦¥°¥²§© ‫ڵ‬Ζ‫ڴڴڽ‬Ζ‫ڴڴڴ‬ ‫ڵ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬ ‫ڴڴڹ‬Ζ‫ڴڴڴ‬ ‫ڴڴڸ‬Ζ‫ڴڴڴ‬
￝¶­¸©￦³ªª￦ Ϯ‫ڴڶ‬Ζ‫ڴڴڴ‬ϯ￦ Ϯ‫ڴڶ‬Ζ‫ڴڴڴ‬ϯ￦
ￛ²¶©§³¶¨©¨￦·¥°©·￦ ‫ڴڹ‬Ζ‫ڴڴڴ‬￦ ‫ڴڹ‬Ζ‫ڴڴڴ‬￦
ￔ￙ￌ￦§¬©§¯￦ ‫ڴڷ‬Ζ‫ڴڴڴ‬ ‫ڴڷ‬Ζ‫ڴڴڴ‬
￙¥°©·Οￚ³²½￦ Ϯ‫ڸڵ‬Ζ‫ڴڴڼ‬ϯ￦ Ϯ‫ڸڵ‬Ζ‫ڴڴڼ‬ϯ￦
ￖ¥½±©²¸￦³ª￦￈³¶­·￦
§¶©¨­¸©¨￦¸³￦ￖ¥¶¯©¶￦ Ο￦ ‫ڶڷ‬Ζ‫ڴڴڴ‬￦ Ϯ‫ڶڷ‬Ζ‫ڴڴڴ‬ϯ￦
ￕº©¶·¸¥¸©±©²¸￦³ª￦·¥°©·Ο
ￒ©³²¥¶¨￦ Ϯ‫ڻڸ‬Ζ‫ڴڴڸ‬ϯ￦ Ϯ‫ڻڸ‬Ζ‫ڴڴڸ‬ϯ￦
￙¥°©·Οￊ¥²²½￦ ￦￦Ϯ‫ڴڷ‬Ζ‫ڴڴڴ‬ϯ￦ ￦￦Ϯ‫ڴڷ‬Ζ‫ڴڴڴ‬ϯ￦ ￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦Κ￦ ￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦Κ￦
ￇ¨®¹·¸©¨￦¦¥°¥²§© ‫ڵ‬Ζ‫ڻںڼ‬Ζ‫ڴڴڼ‬ ‫ڵ‬Ζ‫ڸڷڴ‬Ζ‫ڴڴں‬ ‫ڹںڸ‬Ζ‫ڴڴڶ‬ ‫ڼںڷ‬Ζ‫ڴڴڴ‬
¼￦¥«©￦¹²§³°°©§¸­¦°©￦ ‫ܫڸ‬￦ ‫ܫڹ‬￦ ‫ܫڴڵ‬￦
ￇ°°³»¥²§©￦ª³¶￦ￊￇ￦ ‫ڵڴڵ‬Ζ‫ڸڸڸ‬￦ ‫ڵڸ‬Ζ‫ڸڼڷ‬￦ ‫ڷڶ‬Ζ‫ڴںڶ‬￦ ‫ںڷ‬Ζ‫ڴڴڼ‬￦

Question No. 4
Allowance for Doubtful accounts
￝¶­¸©￦³ªª￦ ‫ڴڶ‬Ζ‫ڴڴڴ‬ ‫ڴڴڵ‬Ζ‫ڴڴڴ‬￦ ￈©«Κ￦￈¥°¥²§©￦
￈¥°¥²§©￦©²¨￦Ϯ¶©µ¹­¶©¨ϯ￦ ‫ڵڴڵ‬Ζ‫ڸڸڸ‬ Ο￦ ￘©§³º©¶­©·￦
￦ 21,444 ￊ³¹¦¸ª¹°￦¥§§³¹²¸￦©¼´©²·©￦
Ϯ·µ¹©©¾©ϯ￦
ￚ³¸¥°￦ ‫ڵڶڵ‬Ζ‫ڸڸڸ‬￦ ‫ڵڶڵ‬Ζ‫ڸڸڸ‬￦ ￦

74
Chapter 10: Loans and Receivables

Item Accounts Debit Credit

‫ڵ‬￦ ￇ°°³»¥²§©￦ª³¶￦¦¥¨￦¨©¦¸·￦ ‫ڴڶ‬Ζ‫ڴڴڴ‬ ￦
￦ ￦￦￦ￇ§§³¹²¸·￦¶©§©­º¥¦°©￦ ￦ ‫ڴڶ‬Ζ‫ڴڴڴ‬￦
￦ ￦ ￦ ￦

‫ڶ‬￦ ￇ§§³¹²¸·￦¶©§©­º¥¦°©￦ ‫ڴڹ‬Ζ‫ڴڴڴ‬￦ ￦

￦ ￦￦￦￙¥°©·￦ ‫ڴڹ‬Ζ‫ڴڴڴ‬￦
￦ ￦ ￦ ￦

‫ڷ‬￦ ￇ§§³¹²¸·￦¶©§©­º¥¦°©￦ ‫ڴڷ‬Ζ‫ڴڴڴ‬￦ ￦

￦ ￦￦￦￉¥·¬￦­²￦¦¥²¯￦ ￦ ‫ڴڷ‬Ζ‫ڴڴڴ‬￦
￦ ￦ ￦ ￦

‫ڸ‬￦ ￙¥°©·￦ ‫ڸڵ‬Ζ‫ڴڴڼ‬￦ ￦

￦ ￦￦￦ￇ§§³¹²¸·￦¶©§©­º¥¦°©￦ ￦ ‫ڸڵ‬Ζ‫ڴڴڼ‬￦
￦ ￦ ￦ ￦

‫ڹ‬￦ ￇ§§³¹²¸·￦¶©§©­º¥¦°©Οￖ¥¶¯©¶￦ ‫ڶڷ‬Ζ‫ڴڴڴ‬ ￦

￦ ￦￦￦￦ￇ§§³¹²¸·￦¶©§©­º¥¦°©Ο￈³¶­·￦ ￦ ‫ڶڷ‬Ζ‫ڴڴڴ‬￦
￦ ￦ ￦ ￦
‫ڹ‬￦ ￙¥°©· ‫ڻڸ‬Ζ‫ڴڴڸ‬ ￦
￦ ￦￦￦ￇ§§³¹²¸·￦¶©§©­º¥¦°©￦ ￦ ‫ڻڸ‬Ζ‫ڴڴڸ‬￦
￦ ￦ ￦ ￦

‫ں‬￦ ￙¥°©·￦ ‫ڴڽ‬Ζ‫ڴڴڴ‬￦ ￦

￦ ￦￦￦ￇ¨º¥²§©·￦ª¶³±￦§¹·¸³±©¶·￦ ‫ڴں‬Ζ‫ڴڴڴ‬￦
￦ ￦￦￦ￇ§§³¹²¸·￦¶©§©­º¥¦°©￦ ￦ ‫ڴڷ‬Ζ‫ڴڴڴ‬￦
￦

SUMMARY OF ANSWERS:
‫ڵ‬Κ D ‫ڶ‬Κ B ‫ڷ‬Κ￦ B ‫ڸ‬Κ￦ E ‫ڹ‬Κ￦ C


PROBLEM 10-33
Question Nos. 1 and 3
Adjusting entries for Accounts receivable
Item Accounts Debit Credit
‫ڵ‬￦ ￇ§§³¹²¸·￦¶©§©­º¥¦°©￦ ‫ڴڶ‬Ζ‫ڴڴڴ‬￦￦
￦ ￦￦￦￦ￇ°°³»¥²§©￦ª³¶￦¨³¹¦¸ª¹°￦¥§§³¹²¸·￦ ￦ ‫ڴڶ‬Ζ‫ڴڴڴ‬￦
￦ ￦ ￦ ￦

‫ڶ‬￦ ￙¥°©·￦¨­·§³¹²¸ ‫ںڵ‬Ζ‫ڴڴڴ‬￦￦

￦ ￦￦￦￦ￇ§§³¹²¸·￦¶©§©­º¥¦°©￦ ￦ ‫ںڵ‬Ζ‫ڴڴڴ‬￦
￦ ￦ ￦ ￦

‫ڷ‬￦ ￇ§§³¹²¸·￦¶©§©­º¥¦°©￦ ‫ڴڶڵ‬Ζ‫ڴڴڴ‬￦￦ ￦

￦ ￦￦￦￦ￇ°°³»¥²§©￦ª³¶￦¨³¹¦¸ª¹°￦¥§§³¹²¸· ￦ ‫ڴڶڵ‬Ζ‫ڴڴڴ‬￦
￦ ￦ ￦ ￦

‫ڸ‬￦ ￇ§§³¹²¸·￦¶©§©­º¥¦°©￦ ‫ڴڷ‬Ζ‫ڴڴڴ‬￦￦ ￦

￦ ￦￦￦￦ￇ°°³»¥²§©￦ª³¶￦¨³¹¦¸ª¹°￦¥§§³¹²¸·￦ ￦ ‫ڴڷ‬Ζ‫ڴڴڴ‬￦
￦ ￦

￦ ￓ­·§©°°¥²©³¹·￦­²§³±©￦ ‫ڴڷ‬Ζ‫ڴڴڴ‬￦￦ ￦
￦ ￦￦￦￦ￇ§§³¹²¸·￦¶©§©­º¥¦°©￦ ￦ ‫ڴڷ‬Ζ‫ڴڴڴ‬￦
￦

Accounts receivable
￈©«Κ￦￈¥°¥²§©￦ ‫ڴڶڶ‬Ζ‫ڴڴڴ‬￦ ‫ڶ‬Ζ‫ڴڶڻ‬Ζ‫ڴڴڴ‬￦ ￈¥°¥²§©￦©²¨￦
Ϯ‫ڴڶ‬Ζ‫ڴڴڶܩڴڴڴ‬Ζ‫ڴڴڴ‬ϯ￦
￙¥°©·￦ ‫ڸ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦ ‫ڴڷ‬Ζ‫ڴڴ‬￦ ￘©§³º©¶­©·￦

75
Chapter 10: Loans and Receivables

￘©§³º©¶­©·￦ ‫ڴڷ‬Ζ‫ڴڴڴ‬￦ Є‫ڵ‬Ζ‫ڴڴڹ‬Ζ‫ڴڴڴ‬￦ ￉³°°©§¸­³²·Ζ￦«¶³··￦³ª￦

¨­·§³¹²¸￦
ￚ³¸¥°￦ ‫ڸ‬Ζ‫ڴڹڶ‬Ζ‫ڴڴڴ‬￦ ‫ڸ‬Ζ‫ڴڹڶ‬Ζ‫ڴڴڴ‬￦ ￦
￦

Є￉³°°©§¸­³²·￦ª¶³±￦§¹·¸³±©¶·￦©¼§°¹¨­²«￦¶©§³º©¶­©·￦
￉³°°©§¸­³²·￦»­¸¬³¹¸￦¨­·§³¹²¸￦ ‫ڴڴڻ‬Ζ‫ڴڴڴ‬
ￇ¨¨Ό￦￉³°°©§¸­³²·￦»­¸¬￦¨­·§³¹²¸￦ ‫ڸڼڻ‬Ζ‫ڴڴڴ‬￦
￦￦￦￦￦￦￦￦￦￉¥·¬￦¨­·§³¹²¸￦¥º¥­°©¨￦Ϯ‫ڸڼڻ‬Ζ‫ڴڴڴ‬ϑ‫ܫڼڽ‬￦¼￦‫ܫڶ‬ϯ￦ ￦‫ںڵ‬Ζ‫ڴڴڴ‬￦
ￚ³¸¥°￦§³°°©§¸­³²·￦©¼§°¹¨­²«￦¶©§³º©¶­©·￦ ￖ￦‫ڵ‬Ζ‫ڴڴڹ‬Ζ‫ڴڴڴ‬￦
￦
Allowance for Doubtful accounts
￦ ￦ ‫ڴڶ‬Ζ‫ڴڴڴ‬￦ ￈©«Κ￦￈¥°¥²§©￦
￈¥°¥²§©￦©²¨￦ ‫ڴڻڵ‬Ζ‫ڴڴڴ‬￦ ‫ڴڷ‬Ζ‫ڴڴڴ‬￦ ￘©§³º©¶­©·￦
￦ ￦ ‫ڴڶڵ‬Ζ‫ڴڴڴ‬ ￊ³¹¦¸ª¹°￦¥§§³¹²¸￦©¼´©²·©￦
￦ ￦ ￦ ￦
ￚ³¸¥°￦ ‫ڴڻڵ‬Ζ‫ڴڴڴ‬￦ ‫ڴڻڵ‬Ζ‫ڴڴڴ‬￦ ￦
￦

ￇ§§³¹²¸·￦¶©§©­º¥¦°© ‫ڶ‬Ζ‫ڴڶڻ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦ￇ°°³»¥²§©￦ª³¶￦¦¥¨￦¨©¦¸·￦ ￦‫ڴڻڵ‬Ζ‫ڴڴڴ‬￦
ￔ©¸￦¶©¥°­¾¥¦°©￦º¥°¹©￦ P 2,550,000
￦
Question Nos. 2, 4 and 5
Adjusting entries for Loans receivable
Item Accounts Debit Credit
‫ڵ‬￦ ￒ³¥²￦￘©§©­º¥¦°©￦ ‫ڴڴڸ‬Ζ‫ڴڴڴ‬￦ ￦
￦ ￦￦￦￦ￏ²¸©¶©·¸￦­²§³±©￦ ￦ ‫ڴڴڸ‬Ζ‫ڴڴڴ‬￦
￦ ￦ ￦ ￦

‫ڶ‬￦ ￛ²©¥¶²©¨￦­²¸©¶©·¸￦­²§³±©￦ ‫ڹڸ‬Ζ‫ڶڼڷ‬￦￦

￦ ￦￦￦￦ￏ²¸©¶©·¸￦­²§³±©￦ ￦ ‫ڹڸ‬Ζ‫ڶڼڷ‬￦
￦

ￖ¶­²§­´¥°￦ ￦￦￦‫ڸ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦￦
ￊ­¶©§¸￦³¶­«­²¥¸­³²￦§³·¸￦­²§¹¶¶©¨ ￦￦￦￦￦￦￦￦￦‫ڵڵ‬Ζ‫ڴڶڹ‬￦￦
ￊ­¶©§¸￦³¶­«­²¥¸­³²￦ª©©·￦¶©§©­º©¨￦ ￦￦￦￦Ϯ‫ڴڴڷ‬Ζ‫ڴڴڴ‬ϯ￦
ￏ²­¸­¥°￦§¥¶¶½­²«￦¥±³¹²¸￦ ￦￦￦3,711,520
￦

Amortization table at 12% Effective Rate

Interest Carrying
Date Collections Income Amortization amount
‫ڵڴ‬ϑ‫ڵڴ‬ϑ‫ڼڵڴڶ‬￦ ￦ ￦ ￦ ‫ڷ‬Ζ‫ڵڵڻ‬Ζ‫ڴڶڹ‬￦
‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ڼڵڴڶ‬￦ ‫ڴڴڸ‬Ζ‫ڴڴڴ‬￦ 445,382 ‫ڹڸ‬Ζ‫ڶڼڷ‬ 3,756,902
‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ڽڵڴڶ‬￦ ‫ڴڴڸ‬Ζ‫ڴڴڴ‬￦ ‫ڴڹڸ‬Ζ‫ڼڶڼ‬￦ ‫ڴڹ‬Ζ‫ڼڶڼ‬ ‫ڷ‬Ζ‫ڻڴڼ‬Ζ‫ڵڷڻ‬
‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ڴڶڴڶ‬￦ ‫ڴڴڸ‬Ζ‫ڴڴڴ‬￦ ‫ںڹڸ‬Ζ‫ڼڶڽ‬￦ ‫ںڹ‬Ζ‫ڼڶڽ‬￦ ‫ڷ‬Ζ‫ڸںڼ‬Ζ‫ڼڹں‬￦
‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ڵڶڴڶ‬￦ ‫ڴڴڸ‬Ζ‫ڴڴڴ‬￦ ‫ڷںڸ‬Ζ‫ڽڹڻ‬￦ ‫ڷں‬Ζ‫ڽڹڻ‬￦ ‫ڷ‬Ζ‫ڼڶڽ‬Ζ‫ڻڵڸ‬￦
‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ڶڶڴڶ‬￦ ‫ڴڴڸ‬Ζ‫ڴڴڴ‬￦ ‫ڵڻڸ‬Ζ‫ڴڵڸ‬￦ ‫ڵڻ‬Ζ‫ڷڼڹ‬￦ ‫ڸ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
￦

76
Chapter 10: Loans and Receivables

SUMMARY OF ANSWERS:
‫ڵ‬Κ B ‫ڶ‬Κ C ‫ڷ‬Κ￦ D ‫ڸ‬Κ￦ D ‫ڹ‬Κ￦ A


PROBLEM 10-34

Question No. 1
ￛ²¶©§³¶¨©¨￦«¥­²￦³²￦·¥°©￦³ª￦±¥§¬­²©¶½￦ ￦‫ڻڵڴڶ‬￦Ϯ·©©￦¦©°³»ϯ￦ ‫ڴڽ‬Ζ‫ڷڼڵ‬￦
ￛ²¶©§³¶¨©¨￦­²¸©¶©·¸￦­²§³±©￦ ¶©§©­º¥¦°©￦ª¶³±￦·¥°©￦³ª￦±¥§¬­²©¶½￦
Ϯ‫ڴڸڶ‬Ζ‫ڷڼڵ‬￦¼￦‫ܫڶڵ‬ϯ￦ ‫ڼڶ‬Ζ‫ڶڶڼ‬￦
ￛ²¶©§³¶¨©¨￦ ¥§§¶¹©¨￦ ­²¸©¶©·¸￦ ￦ ¶©§©­º¥¦°©￦ ª¶³±￦ ·¥°©￦ ³ª￦ ´°¥²¸￦
Ϯ‫ڵ‬Ζ‫ڴڴڹ‬Ζ‫ڴڴڴ‬￦¼￦‫ܫڶڵ‬￦¼￦‫ڽ‬ϑ‫ڶڵ‬ϯ￦ ‫ڹڷڵ‬Ζ‫ڴڴڴ‬￦
ￔ©¸￦¥¨®¹·¸±©²¸￦¸³￦￘ϑￋ￦ ‫ڵڴ‬ϑ‫ڵڴ‬ϑ‫ڼڵ‬ (B) 254,005
￦

￉¥·¬￦§³²·­¨©¶¥¸­³²￦ ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦
ￇ¨¨Ό￦ￖ¶©·©²¸￦º¥°¹©￦³ª￦ª¹¸¹¶©￦§¥·¬￦ª°³»·￦Ϯ‫ڶ‬Κ‫ڼڵڴڸ‬￦¼￦‫ڴڴڵ‬Ζ‫ڴڴڴ‬ϯ ‫ڴڸڶ‬Ζ‫ڷڼڵ‬￦
ￚ³¸¥°￦·©°°­²«￦´¶­§©￦ ‫ڴڸڸ‬Ζ‫ڷڼڵ‬￦
ￒ©··Ό￦￉¥¶¶½­²«￦º¥°¹©￦³ª￦±¥§¬­²©￦Ϯ‫ڴڴڼ‬Ζ‫ڴڴڴ‬￦ ￦‫ڴڹڸ‬Ζ‫ڴڴڴ‬ϯ￦ ‫ڴڹڷ‬Ζ‫ڴڴڴ‬￦
ￍ¥­²￦³²￦·¥°©￦³ª￦±¥§¬­²©￦ 90,183
￦
Amortization table (receivable from sale of machinery):
Interest Carrying
Date Collections Income Amortization amount
‫ڵڴ‬ϑ‫ڵڴ‬ϑ‫ڼڵڴڶ‬￦ ￦ ￦ ￦ ‫ڴڸڶ‬Ζ‫ڷڼڵ‬￦
‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ڼڵڴڶ‬￦ ‫ڴڴڵ‬Ζ‫ڴڴڴ‬￦ ‫ڼڶ‬Ζ‫ڶڶڼ‬￦ ‫ڵڻ‬Ζ‫ڼڻڵ‬ ‫ڽںڵ‬Ζ‫ڹڴڴ‬
‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ڽڵڴڶ‬￦ ‫ڴڴڵ‬Ζ‫ڴڴڴ‬￦ ‫ڴڶ‬Ζ‫ڵڼڶ‬￦ ‫ڽڻ‬Ζ‫ڽڵڻ‬￦ ‫ڽڼ‬Ζ‫ںڼڶ‬￦
‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ڴڶڴڶ‬￦ ‫ڴڴڵ‬Ζ‫ڴڴڴ‬￦ ‫ڴڵ‬Ζ‫ڸڵڻ‬￦ ‫ڽڼ‬Ζ‫ںڼڶ‬￦ Ο￦
￦
Question No. 2
ￏ²¸©¶©·¸￦­²§³±©￦ª¶³±￦²³¸©￦¶©§©­º¥¦°©Ό ￦
￦￦￙¥°©￦³ª￦±¥§¬­²©¶½￦Ϯ‫ڽںڵ‬Ζ‫ڹڴڴ‬￦¼￦‫ܫڶڵ‬ϯ￦ ‫ڴڶ‬Ζ‫ڵڼڶ‬￦
￦￦￙¥°©￦³ª￦´°¥²¸￦σϮ‫ڵ‬Ζ‫ڴڴڹ‬Ζ‫ڴڴڴ‬￦¼￦‫ܫڶڵ‬￦‫ڷ‬ϑ‫ڶڵ‬ϯ￦‫ܩ‬￦Ϯ‫ڵ‬ￓ￦¼￦‫ܫڶڵ‬￦¼￦‫ڽ‬ϑ‫ڶڵ‬ϯ￦ ‫ڹڷڵ‬Ζ‫ڴڴڴ‬￦
￦￦￙¥°©￦³ª￦©µ¹­´±©²¸￦Ϯ‫ڴڻڵ‬Ζ‫ڴڹڻ‬￦¼￦‫ܫڴڵ‬￦¼￦‫ڽ‬ϑ‫ڶڵ‬ϯ￦ ‫ڶڵ‬Ζ‫ںڴڼ‬￦
ￚ³¸¥°￦­²¸©¶©·¸￦­²§³±©￦ ￦ (C)￦ 168,087
￦
Question No. 3
￉¹¶¶©²¸￦´³¶¸­³²￦³ª￦²³¸©￦¶©§©­º¥¦°©￦ª¶³±Ό￦ ￦
￦￦￙¥°©￦³ª￦±¥§¬­²©¶½￦Ϯ·©©￦¥±³¶¸­¾¥¸­³²￦¸¥¦°©￦¥¦³º©ϯ￦ ‫ڽڼ‬Ζ‫ںڼڶ‬￦
￦￦￙¥°©￦³ª￦´°¥²¸￦ ‫ڴڴڹ‬Ζ‫ڴڴڴ‬￦
ￚ³¸¥°￦§¹¶¶©²¸￦´³¶¸­³² (B) 589,286
￦
Question No. 4
ￔ³²Ο§¹¶¶©²¸￦´³¶¸­³²￦³ª￦²³¸©￦¶©§©­º¥¦°©￦ª¶³±Ό￦ ￦
￦￦￙¥°©￦³ª￦´°¥²¸￦ ‫ڴڴڹ‬Ζ‫ڴڴڴ‬￦
￦￦￙¥°©￦³ª￦©µ¹­´±©²¸￦Ϯ‫ڴڻڵ‬Ζ‫ڴڹڻ‬￦‫ܩ‬￦‫ڶڵ‬Ζ‫ںڴڼ‬ϯ ‫ڷڼڵ‬Ζ‫ںڹڹ‬￦
77
Chapter 10: Loans and Receivables

ￚ³¸¥°￦²³²Ο§¹¶¶©²¸￦´³¶¸­³²￦ (D)￦ 683,556

￦
Question No. 5
ￏ²¸©¶©·¸￦­²§³±©￦ª¶³±￦·¥°©￦³ª￦±¥§¬­²©￦ ‫ڴڶ‬Ζ‫ڵڼڶ‬￦
ￏ²¸©¶©·¸￦­²§³±©￦ª¶³±￦·¥°©￦³ª￦´°¥²¸￦Ϯ‫ڴڼڵ‬Ζ‫ڴڴڴ‬￦ ￦‫ڹڷڵ‬Ζ‫ڴڴڴ‬ϯ Ϯ‫ڹڸ‬Ζ‫ڴڴڴ‬ϯ￦
ￏ²¸©¶©·¸￦­²§³±©￦ª¶³±￦·¥°©￦³ª￦©µ¹­´±©²¸￦ ‫ڶڵ‬Ζ‫ںڴڼ‬￦
ￔ©¸￦³º©¶·¸¥¸©±©²¸￦³ª￦­²§³±©￦ (D)￦ (11,912)
￦
SUMMARY OF ANSWERS:
‫ڵ‬Κ￦ B ‫ڶ‬Κ￦ C ‫ڷ‬Κ￦ B ‫ڸ‬Κ￦ D ‫ڹ‬Κ￦ D
￦

78
Chapter 12: Inventories

CHAPTER 12: INVENTORIES

PROBLEM 12-1 Cost of Purchase
￦

￦ ‫ڵ‬Ζ‫ڴڹڶ‬Ζ‫ڴڴڴ‬￦￦
￈¶³¯©¶¥«©￦§³±±­··­³²￦´¥­¨￦¸³￦¥«©²¸·￦ª³¶￦¥¶¶¥²«­²«￦­±´³¶¸·￦ ‫ڴڹ‬Ζ‫ڴڴڴ‬￦￦
ￏ±´³¶¸￦¨¹¸­©·￦ ‫ڴڴڵ‬Ζ‫ڴڴڴ‬￦￦
ￌ¶©­«¬¸￦¥²¨￦­²·¹¶¥²§©￦³²￦´¹¶§¬¥·©·￦ ‫ڴڹڶ‬Ζ‫ڴڴڴ‬￦￦
ￕ¸¬©¶￦¬¥²¨°­²«￦§³·¸·￦¶©°¥¸­²«￦¸³￦­±´³¶¸· ‫ڹڶ‬Ζ‫ڴڴڴ‬￦￦
ￚ³¸¥°￦§³·¸￦³ª￦´¹¶§¬¥·©￦ ￦ ￦ (B)￦ P1,675,000
￦

­²º³­§©Κ￦
￦
￦
PROBLEM 12-2￦Inventoriable Cost
ￓ¥¸©¶­¥°·￦ ‫ڴڹڷ‬Ζ‫ڴڴڴ‬￦
ￏ¶¶©§³º©¶¥¦°©￦´¹¶§¬¥·©￦¸¥¼©· ‫ڴڷ‬Ζ‫ڴڴڴ‬
ￒ¥¦³¶￦ ‫ڴڶڵ‬Ζ‫ڴڴڴ‬￦
ￜ¥¶­¥¦°©￦´¶³¨¹§¸­³²￦³º©¶¬©¥¨￦ ‫ڴڹ‬Ζ‫ڴڴڴ‬￦
ￌ­¼©¨￦´¶³¨¹§¸­³²￦§³·¸·￦ ‫ڴڸ‬Ζ‫ڴڴڴ‬￦
￉¥¶¸¥«©￦­²￦ ‫ڼ‬Ζ‫ڴڴڴ‬
Total (C)￦


PROBLEM 12-3￦Rebates

Question No. 1
ￏ²º³­§©￦´¶­§©￦Ϯ²³￦ￜￇￚ￦­·￦§¬¥¶«©¨￦³²￦¸¬©·©￦«³³¨·ϯ￦ ￦
ￒ©··Ό￦￘©¦¥¸©￦³ªª©¶©¨￦¸³￦¸¬©￦©²¸­¸½￦¦½￦¸¬©￦·¹´´°­©¶￦ ￦￦￦￦￦￦￦‫ڴڵ‬Ζ‫ڴڴڴ‬￦
ￏ²º©²¸³¶­¥¦°©￦§³·¸￦ ￦ ￦ (B)￦ ￦

Question No. 2
ￏ²º©²¸³¶­¥¦°©￦§³·¸￦ ￦ ￦ (C)￦ ￦


PROBLEM 12-4 FREIGHT TERMS & FOREIGN EXCHANGE
￦

Question No. 1 Free on Board

￦ ￦
ￌ³¶ￋ¼￦°³·· Ο￦ (A)￦ ‫ڻڼڵ‬Ζ‫ڴڴڹ‬￦

Question No. 2 Cost, Insurance and Freight
￦ ￦
ￌ³¶ￋ¼￦ Ο￦ ￦(D)￦ ‫ڹڶڵ‬Ζ‫ڴڴڴ‬￦

79
Chapter 12: Inventories

PROBLEM 12-5 MANUFACTURING COST

￦

Question No. 1
ￜ¥¶­¥¦°©￦§³·¸Ό￦ ￦
￦￦ ￦ ￦
￦￦ ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦
￦ ￦￦￦￦￦‫ڴڴڵ‬Ζ‫ڴڴڴ‬￦
ￚ³¸¥°￦§³·¸￦ ￦ ￦ ￦ (C)￦ ￦

Question No. 2
ￜ¥¶­¥¦°©￦§³·¸Ό￦ ￦
￦￦ ‫ڴڶڵ‬Ζ‫ڴڴڴ‬￦¹²­¸·ϯ￦ ‫ڵ‬Ζ‫ڴڼڴ‬Ζ‫ڴڴڴ‬￦
￦￦ ‫ڶ‬￦©¼§°¹¨­²«￦ￜￇￚ￦¼￦‫ڴڶڵ‬Ζ‫ڴڴڴ‬￦¹²­¸·ϯ ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦
￦ ￦￦￦￦￦‫ڴڴڵ‬Ζ‫ڴڴڴ‬￦
ￚ³¸¥°￦§³·¸￦ ￦ ￦ ￦ (C)￦ ‫ڴڶڸ‬Ζ‫ڴڴڴ‬￦

Question No. 3
ￜ¥¶­¥¦°©￦§³·¸Ό￦ ￦
￦￦ ￦ ￦
￦￦ ￦ ‫ڴںڵ‬Ζ‫ڴڴڴ‬￦
￦ ￦￦￦￦￦￦￦‫ڴڼ‬Ζ‫ڴڴڴ‬￦
ￚ³¸¥°￦§³·¸ ￦ ￦ ￦ (D)￦ ￦￦‫ڴںڽ‬Ζ‫ڴڴڴ‬￦

PROBLEM 12-6 Items to be Included in the Inventory
‫ڵ‬￦ ￏ¸©±·￦­²￦¸¬©￦»¥¶©¬³¹·©￦¨¹¶­²«￦¸¬©￦§³¹²¸￦ ￖ‫ڵ‬Ζ‫ڴڽڴ‬Ζ‫ڴڴڴ‬￦
‫ڶ‬￦ ￏ¸©±·￦³¹¸￦³²￦§³²·­«²±©²¸￦¥¸￦¥²³¸¬©¶￦§³±´¥²½‫·ك‬￦·¸³¶© ‫ڴڻ‬Ζ‫ڴڴڴ‬￦
ￏ¸©±·￦´¹¶§¬¥·©¨￦ￌￕ￈￦·¬­´´­²«￦´³­²¸￦¸¬¥¸￦¥¶©￦­²￦¸¶¥²·­¸￦¥¸￦
‫ڸ‬￦ ￊ©§©±¦©¶￦‫ڵڷ‬￦ ‫ڴڴڹ‬Ζ‫ڴڴڴ‬￦
‫ڹ‬￦ ￌ¶©­«¬¸￦§¬¥¶«©·￦³²￦«³³¨·￦´¹¶§¬¥·©¨￦¥¦³º©￦ ‫ڷڵ‬Ζ‫ڴڴڴ‬￦
ￏ¸©±·￦ ·³°¨￦ ¸³￦ ¥²³¸¬©¶￦ §³±´¥²½Ζ￦ ª³¶￦ »¬­§¬￦ ³¹¶￦ §³±´¥²½￦
¬¥·￦·­«²©¨￦¥²￦¥«¶©©±©²¸￦¸³￦¶©´¹¶§¬¥·©￦¥¸￦¥￦·©¸￦´¶­§©￦¸¬¥¸￦
§³º©¶·￦ ¥°°￦ §³·¸·￦ ¶©°¥¸©¨￦ ¸³￦ ¸¬©￦ ­²º©²¸³¶½Κ￦ ￚ³¸¥°￦ §³·¸￦ ³ª￦
‫ڻ‬￦ ±©¶§¬¥²¨­·©￦­·￦ ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦
ￏ¸©±·￦·³°¨￦ￌￕ￈￦¨©·¸­²¥¸­³²￦¸¬¥¸￦¥¶©￦­²￦¸¶¥²·­¸￦¥¸￦ￊ©§©±¦©¶￦
‫ڴڵ‬￦ ‫ڵڷ‬Ζ￦¥¸￦§³·¸￦ ‫ڹڻ‬Ζ‫ڴڴڴ‬￦
‫ ڸڵ‬ￏ¸©±·￦§¹¶¶©²¸°½￦¦©­²«￦¹·©¨￦ª³¶￦»­²¨³»￦¨­·´°¥½ ‫ڴڴڵ‬Ζ‫ڴڴڴ‬￦
‫ڹڵ‬￦ ￏ¸©±·￦³²￦§³¹²¸©¶￦ª³¶￦·¥°©￦ ‫ڴڴڸ‬Ζ‫ڴڴڴ‬￦
‫ڻڵ‬￦ ￏ¸©±·￦­²§°¹¨©¨￦­²￦¸¬©￦§³¹²¸Ζ￦¨¥±¥«©¨￦¥²¨￦¹²·¥°¥¦°©￦ Ϯ‫ڴڹڵ‬Ζ‫ڴڴڴ‬ϯ￦
ￏ¸©±·￦ ­²￦ ¶©§©­º­²«￦ ¨©´¸ΚΖ￦ ¶©¸¹¶²©¨￦ ¦½￦ §¹·¸³±©¶Ζ￦ ­²￦ «³³¨￦
‫ڼڵ‬￦ §³²¨­¸­³²￦Ϯ²³¸￦­²§°¹¨©¨￦­²￦¸¬©￦§³¹²¸ϯ￦ ‫ڴڹ‬Ζ‫ڴڴڴ‬￦
‫ڽڵ‬￦ ￓ©¶§¬¥²¨­·©￦­²º©²¸³¶­©·￦³¹¸￦³²￦¥´´¶³º¥°Ζ￦¥¸￦§³·¸￦ ‫ڴڴڵ‬Ζ‫ڴڴڴ‬￦
ￌ­²­·¬©¨￦·´©§­¥°￦¥¶¸­§°©￦«³³¨·Ζ￦±¥¨©￦¸³￦³¶¨©¶￦Ϯ­²§°¹¨©¨￦­²￦
‫ڴڶ‬￦ ¸¬©￦§³¹²¸ϯ￦ ￦￦￦￦￦￦￦Ϯ‫ڼڻ‬Ζ‫ڴڴڴ‬ϯ￦
Total (A) P2,370,000
￦
￦ ￦

80
Chapter 12: Inventories

ￚ¬©￦ª³°°³»­²«￦­¸©±·￦»³¹°¨￦²³¸￦¦©￦¶©´³¶¸©¨￦¥·￦­²º©²¸³¶½Ό￦
‫ڷ‬￦ ￉³·¸￦³ª￦«³³¨·￦·³°¨￦­² ¸¬©￦­²§³±©￦·¸¥¸©±©²¸ ￦￦￦￦￦￦‫ڴڸ‬Ζ‫ڴڴڴ‬￦
‫ں‬￦ ￔ³¸￦¶©´³¶¸©¨￦­²￦¸¬©￦ª­²¥²§­¥°￦·¸¥¸©±©²¸·￦ ￦￦￦￦‫ڴڴڷ‬Ζ‫ڴڴڴ‬￦
‫ڼ‬￦ ￉³·¸￦³ª￦«³³¨·￦·³°¨￦­²￦¸¬©￦­²§³±©￦·¸¥¸©±©²¸￦ ￦￦￦￦￦￦‫ڴڷ‬Ζ‫ڴڴڴ‬￦
‫ڽ‬￦ ￉³·¸￦³ª￦«³³¨·￦·³°¨￦­²￦¸¬©￦­²§³±©￦·¸¥¸©±©²¸ ￦￦￦￦￦￦‫ڴڹ‬Ζ‫ڴڴڴ‬￦
‫ڵڵ‬￦ ￇ¨º©¶¸­·­²«￦©¼´Κ￦ￏ²￦¸¬©￦­²§³±©￦·¸¥¸©±©²¸￦ ￦￦￦￦￦￦‫ڴڵ‬Ζ‫ڴڴڴ‬￦
‫ڶڵ‬￦ ￔ³¸￦¶©´³¶¸©¨￦­²￦¸¬©￦ª­²¥²§­¥°￦·¸¥¸©±©²¸·￦ ￦￦￦￦‫ڴڴڵ‬Ζ‫ڴڴڴ‬￦
‫ڷڵ‬￦ ￚ©±´³¶¥¶½￦­²º©·¸±©²¸·￦­²￦¸¬©￦§¹¶¶©²¸￦ ￦
￦ ¥··©¸·￦·©§¸­³²￦³ª￦¸¬©￦¦¥°¥²§©￦·¬©©¸ ￦￦￦￦‫ڹڶڵ‬Ζ‫ڴڴڴ‬￦
‫ںڵ‬￦ ￔ³¸￦¶©´³¶¸©¨￦­²￦¸¬©￦ª­²¥²§­¥°￦·¸¥¸©±©²¸·￦ ￦￦￦￦‫ڴںڷ‬Ζ‫ڴڴڴ‬￦
‫ڵڶ‬￦ ￕªª­§©￦·¹´´°­©·￦­²￦¸¬©￦§¹¶¶©²¸￦¥··©¸￦￦ ￦
￦ ·©§¸­³²￦³ª￦¸¬©￦¦¥°¥²§©￦·¬©©¸ ￦￦￦￦￦￦‫ڴڸ‬Ζ‫ڴڴڴ‬￦

￦
PROBLEM 12-7￦Accounts Payable
￦

ￛ²¥¨®¹·¸©¨￦¦¥°¥²§©￦ ‫ڵ‬Ζ‫ڴڴڼ‬Ζ‫ڴڴڴ‬￦
ￍ³³¨·￦¥§µ¹­¶©¨￦­²￦¸¶¥²·­¸Ζ￦ￌￕ￈￦·¬­´´­²«￦´³­²¸￦ ‫ڴڴڵ‬Ζ‫ڴڴڴ‬￦
ￍ³³¨·￦°³·¸￦­²￦¸¶¥²·­¸￦ ‫ڴڹ‬Ζ‫ڴڴڴ‬
ￇ¨®¹·¸©¨￦ￇ§§³¹²¸·￦ￖ¥½¥¦°© ￦ (A)￦ P1,950,000
￦

ￚ¬©￦®³¹¶²¥°￦©²¸¶½￦³²￦­¸©±￦‫ڶ‬￦»³¹°¨￦­²§°¹¨©￦¸¬©￦ª³°°³»­²«Ό￦
ￖ¹¶§¬¥·©·￦ϑ￦ￏ²º©²¸³¶½￦ ‫ڴڹ‬Ζ‫ڴڴڴ‬￦ ￦
￦￦￦￦ￇ§§³¹²¸·￦ￖ¥½¥¦°©￦ ￦ ‫ڴڹ‬Ζ‫ڴڴڴ‬￦
To record the purchase on December 20.
￦

Query: ￌ³¶￦ ￌϑ￙￦ ´¶©·©²¸¥¸­³²￦ ³²￦ ￊ©§©±¦©¶￦ ‫ڵڷ‬Ζ￦ ­·￦ ¸¬©￦ «³³¨·￦ °³·¸￦ ­²￦ ¸¶¥²·­¸￦ ¦©￦
´¶©·©²¸©¨￦¥·￦´¥¶¸￦³ª￦­²º©²¸³¶½Η
￦

Answer: ￔ³Ζ￦ ·­²§©￦ ¸¬©￦ ­²º©²¸³¶­©·￦ »©¶©￦ °³·¸￦ ­²￦ ¸¶¥²·­¸￦ ¥²¨￦ ­¸￦ ­·￦ ­±´¶³´©¶￦ ¸³￦
¶©´³¶¸￦ ­²º©²¸³¶­©·￦ ¸¬¥¸￦ ­·￦ ²³¸￦ ©¼­·¸­²«￦ Ϯ­Κ©Κ￦ ­¸￦ º­³°¥¸©·￦ ¸¬©￦ ©¼­·¸©²§©￦ ¥··©¶¸­³²ϯΚ￦
ￚ¬¹·￦ ¸¬©￦ ®³¹¶²¥°￦ ©²¸¶½￦ ¥¸￦ ￊ©§©±¦©¶￦ ‫ڵڷ‬￦ ­ª￦ ²³￦ §°¥­±￦ »¥·￦ ª­°©¨￦ ¥²¨￦ ¸¬©￦ §³±±³²￦
§¥¶¶­©¶￦¬¥·￦½©¸￦¸³￦¥§¯²³»°©¨«©￦¸¬©￦§°¥­±￦±¥½￦­²§°¹¨©￦¥Ό￦
￦

ￒ³··￦³²￦«³³¨·￦°³·¸￦­²￦¸¶¥²·­¸￦(preferably presented as ‫ڴڹ‬Ζ‫ڴڴڴ‬￦ ￦

other expense and not as cost of goods sold)￦
￦￦￦￦ￏ²º©²¸³¶½￦ϑ￦ￖ¹¶§¬¥·©·￦ ￦ ‫ڴڹ‬Ζ‫ڴڴڴ‬￦
￦

ￇ²¨￦³²￦¸¬©￦²©¼¸￦½©¥¶￦Ϯ￐¥²¹¥¶½￦‫ڹ‬ϯΖ￦»¬©²￦¸¬©￦§°¥­±￦»¥·￦ª­°©¨￦¥²¨￦¥§¯²³»°©¨«©¨￦
¦½￦¸¬©￦§³±±³²￦§¥¶¶­©¶Ζ￦¸¬©￦®³¹¶²¥°￦©²¸¶½￦»­°°￦¦©Ό￦
￉°¥­±·￦ª¶³±￦§³±±³²￦§¥¶¶­©¶￦ ‫ڴڹ‬Ζ‫ڴڴڴ‬￦ ￦
￦￦￦￦ￍ¥­²￦³²￦¶©­±¦¹¶·©±©²¸￦³ª￦°³·¸￦­²º©²¸³¶½￦ ￦ ‫ڴڹ‬Ζ‫ڴڴڴ‬￦
To record the claim against common carrier on January 5. ￦
￦
￦

81
Chapter 12: Inventories

PROBLEM 12-8 Consigned Goods

￦

ￏ²º©²¸³¶½￦·¬­´´©¨￦³²￦§³²·­«²±©²¸￦¸³￦ￒ³±¥·³§￦ ‫ڴںڷ‬Ζ‫ڴڴڴ‬
ￌ¶©­«¬¸￦¦½￦ￊ©·­¶©©￦¸³￦ￒ³±¥·³§￦ ‫ڼڵ‬Ζ‫ڴڴڴ‬￦
ￚ³¸¥°￦ￏ²º©²¸³¶­¥¦°©￦§³·¸￦ ￦ (D)￦ P 378,000


PROBLEM 12-9 Gross method vs. Net method
￦

CASE NO 1: Gross method

Date Accounts Debit Credit
‫ڵڴ‬ϑ‫ڶڴ‬ ￖ¹¶§¬¥·©·￦Ϯ‫ڴڴڵ‬Ζ‫ڴڴڴ‬￦¼￦σ‫ڵ‬Ο‫ܫڴڶ‬σϯ￦ ‫ڴڼ‬Ζ‫ڴڴڴ‬￦
￦ ￦￦￦ￇ§§³¹²¸·￦´¥½¥¦°©￦ ￦ ‫ڴڼ‬Ζ‫ڴڴڴ‬￦
￦ ￦ ￦ ￦

‫ڵڴ‬ϑ‫ڶڵ‬￦ ￇ§§³¹²¸·￦´¥½¥¦°©￦ ‫ڴڼ‬Ζ‫ڴڴڴ‬￦ ￦

￦ ￦ ￉¥·¬￦Ϯ‫ڴڼ‬Ζ‫ڴڴڴ‬￦¼￦σ‫ڵ‬Ο‫ܫڼڽ‬σϯ￦ ￦ ‫ڼڻ‬Ζ‫ڴڴڸ‬￦
￦ ￦￦￦ￖ¹¶§¬¥·©￦¨­·§³¹²¸￦ ￦ ‫ڵ‬Ζ‫ڴڴں‬￦
￦ ￦ ￦ ￦

‫ڵڴ‬ϑ‫ڸڵ‬￦ ￇ§§³¹²¸·￦´¥½¥¦°©￦ ‫ڴڼ‬Ζ‫ڴڴڴ‬￦ ￦

￦ ￦￦ ￉¥·¬￦ ￦ ‫ڴڼ‬Ζ‫ڴڴڴ‬￦
￦

CASE NO 2: Net method

Date Accounts Debit Credit
‫ڵڴ‬ϑ‫ڶڴ‬￦ ￖ¹¶§¬¥·©·￦Ϯ‫ڴڴڵ‬Ζ‫ڴڴڴ‬￦¼￦σ‫ڵ‬Ο‫ܫڴڶ‬σ￦
￦￦￦¼￦σ‫ڵ‬Ο‫ܫڶ‬σϯ￦ ‫ڼڻ‬Ζ‫ڴڴڸ‬￦ ￦
￦ ￦￦￦ￇ§§³¹²¸·￦´¥½¥¦°©￦ ￦ ‫ڼڻ‬Ζ‫ڴڴڸ‬￦
￦

‫ڵڴ‬ϑ‫ڶڵ‬￦ ￇ§§³¹²¸·￦´¥½¥¦°©￦ ‫ڼڻ‬Ζ‫ڴڴڸ‬￦ ￦

￦ ￦￦￦￉¥·¬￦Ϯ‫ڴڼ‬Ζ‫ڴڴڴ‬￦¼￦σ‫ڵ‬Ο‫ܫڼڽ‬σϯ￦ ￦ ‫ڼڻ‬Ζ‫ڴڴڸ‬￦
￦ ￦ ￦ ￦

‫ڵڴ‬ϑ‫ڸڵ‬￦ ￇ§§³¹²¸·￦´¥½¥¦°©￦ ‫ڼڻ‬Ζ‫ڴڴڸ‬￦ ￦

￦ ￖ¹¶§¬¥·©￦¨­·§³¹²¸￦°³·¸￦￦ ‫ڵ‬Ζ‫ڴڴں‬￦ ￦
￦ ￦￦￦￉¥·¬￦￦ ￦ ‫ڴڼ‬Ζ‫ڴڴڴ‬￦

SUMMARY OF ANSWERS:
CASE NO. 1 CASE NO. 2
‫ڵ‬Κ B ‫ڹ‬Κ C
‫ڶ‬Κ C ‫ں‬Κ C
‫ڷ‬Κ D ‫ڻ‬Κ A
‫ڸ‬Κ A ‫ڼ‬Κ D


PROBLEM 12-10 Cost Formulas - Different Methods

Question Nos. 1 and 2

Weighted average
￝©­«¬¸©¨￦¥º©¶¥«©￦ ￚ³¸¥°￦«³³¨·￦¥º¥­°¥¦°©￦ª³¶￦·¥°©￦Ϯ­²￦´©·³￦º¥°¹©ϯ
‫ ܥ‬
¹²­¸￦§³·¸ ￚ³¸¥°￦«³³¨·￦¥º¥­°¥¦°©￦ª³¶￦·¥°©￦Ϯ­²￦¹²­¸·ϯ
￦

￝©­«¬¸©¨￦¥º©¶¥«©￦ ‫ ܥ‬ ‫ڵ‬Ζ‫ڹڴڵ‬Ζ‫ ڴڴڴ‬

82
‫‪Chapter 12: Inventories‬‬

‫ ¸·‪¹²­¸￦§³‬‬ ‫ ڴڴڴ‪Ζ‬ڹڼ‬
‫‪￦‬‬

‫‪ϑ¹²­¸￦‬ڷڵ‪￦ￖ‬ܥ‪￝©­«¬¸©¨￦¥º©¶¥«©￦¹²­¸￦§³·¸￦‬‬
‫‪￦‬‬

‫‪ϯ￦‬ڷڵ‪￦¼￦‬ڴڴڴ‪Ζ‬ڴڸ‪ￏ²º©²¸³¶½￦©²¨￦Ϯ‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫ ‪￦P520,000‬ܥ‬ ‫‪(C)￦‬‬

‫‪￦‬ڷڵ‪ϯ￦¼￦‬ڴڴڴ‪Ζ‬ڵ ڴڴڴ‪Ζ‬ڵڶܩڴڴڴ‪Ζ‬ڹܩڴڴڴ‪Ζ‬ڴڶ‪￉³·¸￦³ª￦«³³¨·￦·³°¨￦Ϯ‬‬ ‫ ‪￦P585,000‬ܥ‬ ‫‪(C)￦‬‬
‫‪￦‬‬
‫ ‪Question Nos. 3 and 4‬‬
‫ ‪Moving average‬‬
‫ ‬ ‫ ‬ ‫ ‪Units‬‬ ‫ ‪Unit cost‬‬ ‫ ‪Total cost‬‬
‫‪￦¦¥°¥²§©￦‬ڵ‪ￇ´¶­°￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڶ‬ ‫‪￦‬ڴڵ‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڴڶ‬
‫‪￦‬ڶ‪ￇ´¶Κ￦‬‬ ‫‪ￖ¹¶§¬¥·©￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڷ‬ ‫‪￦‬ڶڵ‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴںڷ‬
‫©§‪￈¥°¥²‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڹ‬ ‫‪￦‬ڵڵ‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴںڹ‬
‫‪￦‬ڸ‪ￇ´¶Κ￦‬‬ ‫‪￙¥°©￦‬‬ ‫‪ϯ￦‬ڴڴڴ‪Ζ‬ڹڶ‪Ϯ‬‬ ‫‪￦‬ڵڵ‬ ‫‪ϯ￦‬ڴڴڴ‪Ζ‬ڴڼڶ‪Ϯ‬‬
‫©§‪￈¥°¥²‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڹڶ‬ ‫‪￦‬ڵڵ‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڼڶ‬
‫‪￦‬ڴڵ‪ￇ´¶Κ￦‬‬ ‫‪ￖ¹¶§¬¥·©￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڹڵ‬ ‫‪￦‬ڸڵ‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڵڶ‬
‫©§‪￈¥°¥²‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڸ‬ ‫‪￦‬ڶڵ‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڽڸ‬
‫‪￦‬ڹڵ‪ￇ´¶Κ￦‬‬ ‫‪￙¥°©·￦‬‬ ‫‪ϯ￦‬ڴڴڴ‪Ζ‬ڵڶ‪Ϯ‬‬ ‫‪￦‬ڶڵ‬ ‫‪ϯ￦‬ڴڹڶ‪Ζ‬ڻڹڶ‪Ϯ‬‬
‫‪￈¥°¥²§©￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڽڵ‬ ‫‪￦‬ڶڵ‬ ‫‪￦‬ڴڹڻ‪Ζ‬ڶڷڶ‬
‫‪￦‬ڻڵ‪ￇ´¶Κ￦‬‬ ‫‪￙¥°©·￦¶©¸¹¶²￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڵ‬ ‫‪￦‬ڶڵ‬ ‫‪￦‬ڴڹڶ‪Ζ‬ڶڵ‬
‫‪￦‬ڼڶ‪ￇ´¶Κ￦‬‬ ‫‪￈¥°¥²§©￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڶ‬ ‫‪￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڹڸڶ‬
‫‪￦‬ڼڶ‪ￇ´¶Κ￦‬‬ ‫©·‪ￖ¹¶§¬¥‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڶ‬ ‫‪￦‬ڹڻ‪Κ‬ںڵ‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڹڷڷ‬
‫‪￦‬‬ ‫‪￈¥°¥²§©￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڸ‬ ‫‪￦‬ڹڵ‬ ‫‪￦‬ڴ‪580,00‬‬
‫‪￦‬‬

‫‪ￏ²º©²¸³¶½￦©²¨￦￦ ￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫ ‪￦P580,000‬ܥ‬ ‫‪(A)￦‬‬

‫‪ϯ￦ ￦‬ڴڹڶ‪Ζ‬ڶڵ‪￦ ￦‬ڴڹڶ‪Ζ‬ڻڹڶ‪￦‬ܩ‪￦‬ڴڴڴ‪Ζ‬ڴڼڶ‪￉³·¸￦³ª￦«³³¨·￦·³°¨￦Ϯ‬‬ ‫ ‪￦P525,000‬ܥ‬ ‫‪(A)￦‬‬
‫‪￦‬‬
‫‪￦‬‬

‫ ‪Question Nos. 5 and 6‬‬

‫ ‪FIFO‬‬ ‫ ‬
‫ ‪Units‬‬ ‫ ‪Unit cost‬‬ ‫ ‪Total cost‬‬
‫‪￦¦¥°¥²§©￦‬ڵ‪ￇ´¶­°￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڶ‬ ‫‪￦‬ڴڵ‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڴڶ‬
‫‪￦‬ڶ‪ￇ´¶Κ￦‬‬ ‫‪ￖ¹¶§¬¥·©￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڷ‬ ‫‪￦‬ڶڵ‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴںڷ‬
‫‪￦¹²­¸·￦·³°¨ϯ￦‬ڴڴڴ‪Ζ‬ڹڶ‪￦Ϯ‬ڸ‪ￇ´¶Κ￦‬‬ ‫‪￦‬ڵ‪ￌ¶³±￦ￇ´¶Κ￦‬‬ ‫‪ϯ￦‬ڴڴڴ‪Ζ‬ڴڶ‪Ϯ‬‬ ‫‪￦‬ڴڵ‬ ‫‪ϯ￦‬ڴڴڴ‪Ζ‬ڴڴڶ‪Ϯ‬‬
‫‪￦‬ڶ‪ￌ¶³±￦ￇ´¶Κ￦‬‬
‫‪￦‬‬ ‫‪ϯ￦‬ڴڴڴ‪Ζ‬ڹ‪Ϯ‬‬ ‫‪￦‬ڶڵ‬ ‫‪ϯ￦‬ڴڴڴ‪Ζ‬ڴں‪Ϯ‬‬
‫‪￦‬ڶ‪￈¥°¥²§©￦ª¶³±￦ￇ´¶Κ￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڹڶ‬ ‫‪￦‬ڶڵ‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڴڷ‬
‫‪￦‬ڴڵ‪ￇ´¶Κ￦‬‬ ‫‪ￖ¹¶§¬¥·©￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڹڵ‬ ‫‪￦‬ڸڵ‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڵڶ‬
‫‪￦¹²­¸·￦·³°¨ϯ￦‬ڴڴڴ‪Ζ‬ڵڶ‪￦Ϯ‬ڹڵ‪ￇ´¶Κ￦‬‬ ‫‪￦‬ڶ‪ￌ¶³±￦ￇ´¶Κ￦‬‬
‫‪￦‬‬ ‫‪ϯ￦‬ڴڴڴ‪Ζ‬ڵڶ‪Ϯ‬‬ ‫‪￦‬ڶڵ‬ ‫‪ϯ￦‬ڴڴڴ‪Ζ‬ڶڹڶ‪Ϯ‬‬
‫‪￦‬ڶ‪￈¥°¥²§©￦ª¶³±￦ￇ´¶­°￦‬‬ ‫‪￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڸ‬ ‫‪￦‬ڶڵ‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڼڸ‬
‫‪￦‬ڴڵ‪￈¥°¥²§©￦ª¶³±￦ￇ´¶­°￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڹڵ‬ ‫‪￦‬ڸڵ‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڵڶ‬
‫‪￦‬ڻڵ‪ￇ´¶Κ￦‬‬ ‫‪￙¥°©·￦¶©¸¹¶²￦‬‬
‫‪￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڵ‬ ‫‪￦‬ڶڵ‬
‫‪￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڶڵ‬
‫‪￈¥°¥²§©￦‬‬ ‫‪￦‬‬
‫‪￦‬ڶ‪￈¥°¥²§©￦ª¶³±￦ￇ´¶­°￦‬‬ ‫‪￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڹ‬ ‫‪￦‬ڶڵ‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴں‬
‫‪￦‬ڴڵ‪￈¥°¥²§©￦ª¶³±￦ￇ´¶­°￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڹڵ‬ ‫‪￦‬ڸڵ‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڵڶ‬
‫‪￦‬ڼڶ‪ￇ´¶Κ￦‬‬ ‫‪ￖ¹¶§¬¥·©￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڶ‬ ‫‪￦‬ڻڵ‬
‫‪￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڹڷڷ‬
‫‪ￚ³¸¥°￦‬‬ ‫‪￈¥°¥²§©￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڸ‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڹڴں‬
‫‪￦‬‬

‫‪ￏ²º©²¸³¶½￦©²¨￦￦ ￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫ ‪￦P605,000‬ܥ‬ ‫‪(B)￦‬‬

‫ ‪￦P500,000‬ܥ ‪ϯ￦‬ڴڴڴ‪Ζ‬ڶڵ‪￦ ￦‬ڴڴڴ‪Ζ‬ڶڹڶ‪￦‬ܩ‪￦‬ڴڴڴ‪Ζ‬ڴں‪￦‬ܩ‪￦‬ڴڴڴ‪Ζ‬ڴڴڶ‪￉³·¸￦³ª￦«³³¨·￦·³°¨￦Ϯ‬‬ ‫‪(B)￦‬‬
‫‪￦‬‬

‫ ‪Question Nos. 7 and 8‬‬

‫‪ￔ³¸©￦¸¬¥¸￦­²º©²¸³¶½￦¥²¨￦§³·¸￦³ª￦«³³¨·￦·³°¨￦¹²¨©¶￦ￌￏￌￕ￦´©¶­³¨­§￦¥²¨￦´©¶´©¸¹¥°￦­·￦‬‬
‫‪¸¬©￦·¥±©Κ￦‬‬
‫‪￦‬‬

‫‪83‬‬
Chapter 12: Inventories

SUMMARY OF ANSWERS:
‫ڵ‬Κ C ‫ڶ‬Κ C ‫ڷ‬Κ￦ A ‫ڸ‬Κ A ‫ڹ‬Κ B ‫ں‬Κ B 7. B 8. B
￦
￦
PROBLEM 12-11 Lower of Cost or Net Realizable Value

Question No. 1 Raw Materials
￙¹´´°½￦³ª￦·¸©©°￦Ϯ¹·©¨￦ª³¶￦±³¸³¶¦­¯©·ϯ￦ ￦ ￝¶­¸©Ο¨³»²￦
￦￦￉³·¸￦ ‫ڴڸ‬Ζ‫ڴڴڴ‬ ￦
￦￦ￓ³¶©￦´¶³ª­¸¥¦°©￦Ϯ¥·￦­·ϯ￦ ￦￦￦￦‫ڹڶ‬Ζ‫ڴڴڴ‬￦ ‫ڹڵ‬Ζ‫ڴڴڴ‬￦
￦ ￦ ￦

￙¹´´°½￦³ª￦¥°¹±­²¹±￦Ϯ¹·©¨￦ª³¶￦¦­§½§°©·ϯ￦ ￦ ￦
￦￦￉³·¸￦ ‫ڴں‬Ζ‫ڴڴڴ‬ ￦
￦￦ￓ³¶©￦´¶³ª­¸¥¦°©￦Ϯ§³±´°©¸©¨￦´¶³¨¹§¸ϯ￦ ￦￦￦￦‫ڴڹ‬Ζ‫ڴڴڴ‬￦ ￦￦￦￦‫ڴڵ‬Ζ‫ڴڴڴ‬￦
ￚ³¸¥°￦»¶­¸©Ο¨³»²￦ (C) ‫ڹ‬Ζ‫ڴڴڴ‬￦

Question No. 2 Work-in-process
ￏ²§³±´°©¸©￦±³¸³¶¦­¯©·￦ ￦ ￝¶­¸©Ο¨³»²￦
￦￦￉³·¸￦ ‫ڴڷ‬Ζ‫ڴڴڴ‬￦ ￦
￦￦ￓ³¶©￦´¶³ª­¸¥¦°©￦Ϯ§³±´°©¸©¨￦´¶³¨¹§¸ϯ￦ ￦￦￦￦‫ڹڶ‬Ζ‫ڴڴڴ‬ ‫ڹ‬Ζ‫ڴڴڴ‬￦
￦ ￦ ￦

ￏ²§³±´°©¸©￦¦­§½§°©·￦ ￦ ￦
￦￦￉³·¸￦ ‫ڴڹ‬Ζ‫ڴڴڴ‬￦ ￦
￦￦ￓ³¶©￦´¶³ª­¸¥¦°©￦Ϯ¥·￦­·ϯ ￦￦￦￦‫ڴں‬Ζ‫ڴڴڴ‬ ￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦Ο￦
ￚ³¸¥°￦»¶­¸©Ο¨³»²￦ (D) ￦￦￦‫ڹ‬Ζ‫ڴڴڴ‬￦

Question No. 3 Finished goods
ￓ³¸³¶¦­¯©·￦ ￝¶­¸©Ο¨³»²￦
￦￦￉³·¸￦ ‫ڴ‬Ζ‫ڴڴڴ‬￦ ￦
￦￦ￓ³¶©￦´¶³ª­¸¥¦°©￦Ϯ§³±´°©¸©¨￦´¶³¨¹§¸ϯ￦ ￦￦￦￦‫ڴں‬Ζ‫ڴڴڴ‬￦ ‫ڴڶ‬Ζ‫ڴڴڴ‬￦
￦ ￦ ￦

￈­§½§°©·￦ ￦
￦￦￉³·¸￦ ‫ڴڼ‬Ζ‫ڴڴڴ‬￦ ￦
￦￦ￓ³¶©￦´¶³ª­¸¥¦°©￦Ϯ§³±´°©¸©¨￦´¶³¨¹§¸ϯ￦ ￦￦‫ڴڵڵ‬Ζ‫ڴڴڴ‬￦ ￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦Ο￦
ￚ³¸¥°￦»¶­¸©Ο¨³»²￦ (C) Ζ‫ڴڴڴ‬￦

Question No. 4 Adjusted COGS
￉³·¸￦³ª￦«³³¨·￦·³°¨￦¦©ª³¶©￦»¶­¸©Ο¨³»²￦ ￦ ￦
ￇ¨¨Ό￦￝¶­¸©Ο¨³»² ￦
￦￦￘¥»￦±¥¸©¶­¥°·￦ ￦ ‫ڹڶ‬Ζ‫ڴڴڴ‬￦
￦￦￝³¶¯Ο­²Ο´¶³§©··￦ ￦ ‫ڹ‬Ζ‫ڴڴڴ‬￦
￦￦ￌ­²­·¬©¨￦«³³¨·￦ ￦￦￦￦‫ڴڶ‬Ζ‫ڴڴڴ‬￦
ￇ¨®¹·¸©¨￦§³·¸￦³ª￦«³³¨·￦·³°¨￦ (C) ￦

84
Chapter 12: Inventories

PROBLEM 12-12 Purchase Commitment

￦

CASE NO. 1
Date Accounts Debit Credit
‫ڵڵ‬ϑ‫ڹڵ‬￦ ￔ³￦©²¸¶½￦ ￦ ￦
￦ ￦ ￦ ￦
‫ڶڵ‬ϑ‫ڵڷ‬￦ ￒ³··￦³²￦´¹¶§¬¥·©￦§³±±­¸±©²¸￦Ϯ‫ڴڶ‬Ζ‫ڴڴڴ‬￦¼￦σ‫ڹڶ‬Ο‫ڴڶ‬σϯ￦ ‫ڴڴڵ‬Ζ‫ڴڴڴ‬￦￦ ￦
￦ ￦ ￦ ￋ·¸­±¥¸©¨￦°­¥¦­°­¸½￦ª³¶￦´¹¶§¬¥·©￦§³±±­¸±©²¸￦ ‫ڴڴڵ‬Ζ‫ڴڴڴ‬￦￦
￦ ￦ ￦ ￦
‫ڷڴ‬ϑ‫ڹڵ‬￦ ￖ¹¶§¬¥·©·￦Ϯ‫ڹڶ‬Ζ‫ڴڴڴ‬￦¼￦‫ڹڶ‬ϯ￦ ‫ڴڴڹ‬Ζ‫ڴڴڴ‬￦￦ ￦
￦ ￋ·¸­±¥¸©¨￦°­¥¦­°­¸½￦ª³¶￦´¹¶§¬¥·©￦§³±±­¸±©²¸￦￦ ‫ڴڴڵ‬Ζ‫ڴڴڴ‬￦ ￦
￦ ￦￦￦￦ￇ§§³¹²¸·￦´¥½¥¦°©ϑ￉¥·¬￦￦ ￦ ‫ڴڴڹ‬Ζ‫ڴڴڴ‬￦￦
￦ ￦￦￦￦ￍ¥­²￦³²￦´¹¶§¬¥·©￦§³±±­¸±©²¸ ‫ڴڴڵ‬Ζ‫ڴڴڴ‬￦￦

CASE NO. 2
Date Accounts Debit Credit
‫ڵڵ‬ϑ‫ڹڵ‬￦ ￔ³￦©²¸¶½￦ ￦ ￦
￦ ￦
‫ڶڵ‬ϑ‫ڵڷ‬￦ ￔ³￦©²¸¶½￦ ￦ ￦
￦ ￦ ￦ ￦
‫ڷڴ‬ϑ‫ڹڵ‬￦ ￖ¹¶§¬¥·©·￦Ϯ‫ڹڶ‬Ζ‫ڴڴڴ‬￦¼￦‫ڹڶ‬ϯ￦ ‫ڴڴڹ‬Ζ‫ڴڴڴ‬￦ ￦
￦ ￦￦￦ￇ§§³¹²¸·￦´¥½¥¦°©ϑ￉¥·¬￦￦ ￦ ‫ڴڴڹ‬Ζ‫ڴڴڴ‬￦￦


PROBLEM 12-15 Purchase Commitment
￦
Date Accounts Debit Credit
‫ڷ‬ϑ‫ڵڷ‬￦ ￔ³￦©²¸¶½￦ ￦ ￦
￦ ￦ ￦
‫ڶڵ‬ϑ‫ڵڷ‬￦ ￒ³··￦³²￦´¹¶§¬¥·©￦§³±±­¸±©²¸￦Ϯ‫ڵ‬Ζ‫ڴڴڶ‬Ζ‫ڴڴڴ‬Ο‫ڵ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬ϯ￦ ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦￦ ￦
￦ ￦￦￦￦ￋ·¸­±¥¸©¨￦°­¥¦­°­¸½￦ª³¶￦´¹¶§¬¥·©￦§³±±­¸±©²¸￦ ￦ ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦￦
￦ ￦ ￦ ￦
‫ڸڴ‬ϑ‫ڴڷ‬￦ ￖ¹¶§¬¥·©·￦ ‫ڵ‬Ζ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦￦ ￦
￦ ￋ·¸­±¥¸©¨￦°­¥¦­°­¸½￦ª³¶￦´¹¶§¬¥·©￦§³±±­¸±©²¸￦￦ ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦ ￦
￦ ￦￦￦￦ￇ§§³¹²¸·￦´¥½¥¦°©ϑ￉¥·¬￦￦ ￦ ‫ڵ‬Ζ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦￦
￦ ￦￦￦￦ￍ¥­²￦³²￦´¹¶§¬¥·©￦§³±±­¸±©²¸￦ ￦ ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦￦
￦
SUMMARY OF ANSWERS:
‫ڵ‬Κ￦ B ‫ڶ‬Κ￦ A
￦
￦
PROBLEM 12-13 Inventory Estimation - Gross Profit Rate Method
￦

￙¥°©·￦ ‫ڷ‬Ζ‫ڴڴڸ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦￙¥°©·￦¶©¸¹¶²·￦ Ϯ‫ڴڷ‬Ζ‫ڴڴڴ‬ϯ￦
ￔ©¸￦￙¥°©·￦©¼§°¹¨­²«￦￙¥°©·￦¨­·§³¹²¸￦ ‫ڷ‬Ζ‫ڴڻڷ‬Ζ‫ڴڴڴ‬￦
ￓ¹°¸­´°½￦¦½Ό￦￉³·¸￦¶¥¸­³￦Ϯ‫ڵ‬Ο‫ܫڴڷ‬ϯ￦ ‫ܫڴڻ‬￦
￉³·¸￦³ª￦ￍ³³¨·￦·³°¨￦ ￦‫ڶ‬Ζ‫ڽڹڷ‬Ζ‫ڴڴڴ‬￦￦
￦

ￏ²º©²¸³¶½Ζ￦￐¥²¹¥¶½￦‫ڵ‬￦ ￦ ‫ڴڹں‬Ζ‫ڴڴڴ‬￦￦
ￇ¨¨Ό￦ￔ©¸￦ￖ¹¶§¬¥·©·￦ ￦
￦￦￦￦￦￦￦￦￦￦ￖ¹¶§¬¥·©·￦ ‫ڶ‬Ζ‫ڴڴڷ‬Ζ‫ڴڴڴ‬￦￦ ￦
￦￦￦￦￦￦￦￦￦￦ￇ¨¨Ό￦ￌ¶©­«¬¸Ο­²￦ ‫ڴں‬Ζ‫ڴڴڴ‬￦￦ ￦
85
Chapter 12: Inventories

￦￦￦￦￦￦￦￦￦￦ￒ©··Ό￦ￖ¹¶§¬¥·©￦¶©¸¹¶²·￦ Ϯ‫ڴڼ‬Ζ‫ڴڴڴ‬ϯ￦￦ ‫ڶ‬Ζ‫ڴڼڶ‬Ζ‫ڴڴڴ‬￦￦

ￚ³¸¥°￦ￍ³³¨·￦¥º¥­°¥¦°©￦ª³¶￦·¥°©￦ ￦ ‫ڶ‬Ζ‫ڴڷڽ‬Ζ‫ڴڴڴ‬￦￦
ￒ©··Ό￦￉³·¸￦³ª￦«³³¨·￦·³°¨ ￦ Ϯ‫ڶ‬Ζ‫ڽڹڷ‬Ζ‫ڴڴڴ‬ϯ￦￦
ￓ©¶§¬¥²¨­·©￦­²º©²¸³¶½￦¸¬¥¸￦·¬³¹°¨￦¦©￦³²￦¬¥²¨￦ ￦ ￦‫ڵڻڹ‬Ζ‫ڴڴڴ‬￦￦
ￒ©··Ό￦ￇ§¸¹¥°￦±©¶§¬¥²¨­·©￦­²º©²¸³¶½￦³²￦¬¥²¨￦ ￦ Ϯ‫ڴڶڸ‬Ζ‫ڴڴڴ‬ϯ￦￦
￉³·¸￦³ª￦ￓ­··­²«￦­²º©²¸³¶½￦ (A) 151,000
￦

PROBLEM 12-14 Inventory Estimation: Average Method - Retail Method
￦

￉³±´¹¸¥¸­³²￦³ª￦§³·¸￦¶¥¸­³Ό￦
Cost Retail
ￏ²º©²¸³¶½￦¥¸￦￐¥²¹¥¶½￦‫ڵ‬ ‫ڴڹڶ‬Ζ‫ڴڴڴ‬￦￦ ‫ڹڻڷ‬Ζ‫ڴڴڴ‬￦￦
ￖ¹¶§¬¥·©·￦ ‫ڵ‬Ζ‫ڹڶڷ‬Ζ‫ڴڴڴ‬￦ ‫ڵ‬Ζ‫ڴڹڻ‬Ζ‫ڴڴڴ‬￦
ￔ©¸￦±¥¶¯¹´·￦ Ο￦ ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦￦
ￔ©¸￦±¥¶¯¨³»²·￦ ￦Ο￦ Ϯ‫ڹڻ‬Ζ‫ڴڴڴ‬ϯ￦￦
ￚ³¸¥°· ‫ڵ‬Ζ‫ڹڻڹ‬Ζ‫ڴڴڴ‬￦￦ ‫ڶ‬Ζ‫ڴڹڶ‬Ζ‫ڴڴڴ‬￦￦

￉³·¸￦¶¥¸­³￦Ϯ‫ڵ‬Ζ‫ڹڻڹ‬Ζ‫ڴڴڴ‬￦ϑ￦‫ڶ‬Ζ‫ڴڹڶ‬Ζ‫ڴڴڴ‬ϯ￦‫ܥ‬￦‫ܫڴڻ‬￦

￉³±´¹¸¥¸­³²￦³ª￦ￏ²º©²¸³¶½￦©²¨￦¥¸￦¶©¸¥­°￦
￈¥°¥²§©￦¹´￦¸³￦±¥¶¯¨³»²·￦Ϯ·©©￦¥¦³º©￦§³±´¹¸¥¸­³²ϯ￦ ‫ڶ‬Ζ‫ڴڹڶ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦￙¥°©· ‫ڵ‬Ζ‫ڴڴڹ‬Ζ‫ڴڴڴ‬
￦￦￦￦￦￦￦￦￦￦ￋ·¸­±¥¸©¨￦²³¶±¥°￦·¬¶­²¯¥«©￦Ϯ‫ڵ‬Ζ‫ڴڴڹ‬Ζ‫ڴڴڴ‬￦¼￦‫ܫڹ‬ϯ￦ ‫ڹڻ‬Ζ‫ڴڴڴ‬￦
￦￦￦￦￦￦￦￦￦￦ￋ·¸­±¥¸©¨￦²³¶±¥°￦·¬³´°­ª¸­²«￦°³··©·￦ ‫ڴڹ‬Ζ‫ڴڴڴ‬￦
ￏ²º©²¸³¶½￦©²¨￦¥¸￦¶©¸¥­°￦ ￖ￦‫ڹڶں‬Ζ‫ڴڴڴ‬￦

￉³±´¹¸¥¸­³²￦³ª￦￉³·¸￦³ª￦«³³¨·￦·³°¨￦
ￚ³¸¥°￦«³³¨·￦¥º¥­°¥¦°©￦ª³¶￦·¥°©￦¥¸￦§³·¸ ‫ڵ‬Ζ‫ڹڻڹ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦ￏ²º©²¸³¶½￦©²¨￦¥¸￦§³·¸￦Ϯ‫ڹڶں‬Ζ‫ڴڴڴ‬￦¼￦‫ܫڴڻ‬ϯ￦ ‫ڻڷڸ‬Ζ‫ڴڴڹ‬￦
￉³·¸￦³ª￦￙¥°©·￦ ￦ ￦ ￦ (B)￦ 1,137,500


PROBLEM 12-15 Inventory Estimation: FIFO Method - Retail Method
￦

￉³±´¹¸¥¸­³²￦³ª￦§³·¸￦¶¥¸­³Ό￦
Cost Retail
ￖ¹¶§¬¥·©·￦ ‫ڶڽڶ‬Ζ‫ڴڴڹ‬￦ ‫ڴڴڸ‬Ζ‫ڴڴڴ‬￦
ￔ©¸￦±¥¶¯¹´· Ο￦ ‫ڹڻ‬Ζ‫ڴڴڴ‬￦￦
ￔ©¸￦±¥¶¯¨³»²·￦ ￦Ο￦ Ϯ‫ڹڶ‬Ζ‫ڴڴڴ‬ϯ￦￦
ￚ³¸¥°·￦ ‫ڶڽڶ‬Ζ‫ڴڴڹ‬￦￦ ‫ڴڹڸ‬Ζ‫ڴڴڴ‬￦￦

￉³·¸￦¶¥¸­³￦Ϯ‫ڶڽڶ‬Ζ‫ڴڴڹ‬￦ϑ￦‫ڴڹڸ‬Ζ‫ڴڴڴ‬ϯ￦‫ܥ‬￦‫ܫڹں‬￦

￉³±´¹¸¥¸­³²￦³ª￦ￏ²º©²¸³¶½￦©²¨￦¥¸￦¶©¸¥­°￦
￈¥°¥²§©￦¹´￦¸³￦±¥¶¯¨³»²·￦Ϯ·©©￦¥¦³º©￦§³±´¹¸¥¸­³²ϯ￦ ‫ڴڹڸ‬Ζ‫ڴڴڴ‬￦
ￇ¨¨Ό￦ￏ²º©²¸³¶½￦¦©«­²²­²«￦ ‫ڴڴڵ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦￙¥°©·￦ ‫ڹڻڷ‬Ζ‫ڴڴڴ‬￦
ￏ²º©²¸³¶½￦©²¨￦¥¸￦¶©¸¥­°￦ ￖ￦‫ڹڻڵ‬Ζ‫ڴڴڴ‬￦
86
Chapter 12: Inventories

ￓ¹°¸­´°½Ό￦￉³·¸￦¶¥¸­³￦ ‫ܫڹں‬￦
ￏ²º©²¸³¶½￦©²¨￦¥¸￦§³·¸￦ ￦ ￦ (A)￦ P113,750￦
￦
PROBLEM 12-16
Transaction Delima Company Debit Credit
‫ڵ‬Κ ￙¬­´±©²¸￦³ª￦ ￔ³￦©²¸¶½￦ ￦ ￦
«³³¨·￦ ￦ ￦ ￦
￦ ￦ ￦ ￦

‫ڶ‬Κ ￘©§©­´¸￦³ª￦§¥·¬ ￉¥·¬ ‫ڵ‬Ζ‫ڴڴڹ‬Ζ‫ڴڴڴ‬ ￦

￦￦￦￦ￇϑￖ ￦´¶³¨¹§¸￦ª­²¥²§­²«￦ ￦ ‫ڵ‬Ζ‫ڴڴڹ‬Ζ‫ڴڴڴ‬￦
￦ ￦ ￦ ￦

‫ڷ‬Κ ￘©´¥½±©²¸￦³ª￦ ￇϑￖ ￦´¶³¨¹§¸￦ª­²¥²§­²«￦ ‫ڵ‬Ζ‫ڴڴڹ‬Ζ‫ڴڴڴ‬￦ ￦

¥±³¹²¸￦ ￌ­²¥²§­²«￦§³·¸￦ ‫ڴڼڵ‬Ζ‫ڴڴڴ‬ ￦
¦³¶¶³»©¨￦ ￦￦￦￦￉¥·¬￦ ￦ ‫ڵ‬Ζ‫ڴڼں‬Ζ‫ڴڴڴ‬￦
￦
Transaction Financing Company Debit Credit
‫ڵ‬Κ ￙¬­´±©²¸￦³ª￦ ￔ³￦©²¸¶½￦ ￦
«³³¨·￦ ￦ ￦ ￦
￦ ￦ ￦ ￦

‫ڶ‬Κ ￊ­·¦¹¶·©±©²¸￦ ￇϑ￘￦ ￦´¶³¨¹§¸￦ª­²¥²§­²«￦ ‫ڵ‬Ζ‫ڴڴڹ‬Ζ‫ڴڴڴ‬￦ ￦

￦￦￉¥·¬ ‫ڵ‬Ζ‫ڴڴڹ‬Ζ‫ڴڴڴ‬￦
￦ ￦ ￦ ￦

‫ڷ‬Κ ￘©§©­´¸￦³ª￦§¥·¬ ￉¥·¬ ‫ڵ‬Ζ‫ڴڼں‬Ζ‫ڴڴڴ‬ ￦

￦￦￦￦ￌ­²¥²§©￦­²§³±©￦ ￦ ‫ڴڼڵ‬Ζ‫ڴڴڴ‬￦
￦￦￦ￇϑ￘￦ ￦´¶³¨¹§¸￦ª­²¥²§­²«￦ ￦ ‫ڵ‬Ζ‫ڴڴڹ‬Ζ‫ڴڴڴ‬￦
￦
￦
PROBLEM 12-17

Question No. 1
ￇ￦ ￋￏ￦³º©¶￦Ϯￖ‫ڽڶڵ‬Οￖ‫ڽڵڵ‬ϯ￦¼￦‫ڸ‬Ζ‫ڴڴڴ‬￦ ‫ڴڸ‬Ζ‫ڴڴڴ‬￦￦ ￦
￈￦ ￋￏ￦¹²¨©¶￦ ￦Ϯ‫ڴڻ‬Ζ‫ڴڴڴ‬ϯ￦ ￦
￉￦ ￋￏ￦³º©¶ ‫ڴڴڵ‬Ζ‫ڴڴڴ‬￦￦ ￦
￦ ￕº©¶·¸¥¸©±©²¸￦³ª￦©²¨­²«￦­²º©²¸³¶½￦ 70,000 (C)

Question No. 2
ￊΚ￦ ￋ²¨­²«￦­²º©²¸³¶½￦¹²¨©¶·¸¥¸©¨￦ (140,000) (B)

Question Nos. 3 and 4

2015 2016
￦ ￛ²¥¨®¹·¸©¨￦¦¥°¥²§©￦ ￦‫ڵ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦ ￦‫ڵ‬Ζ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦￦
ￇΚ￦ ￋￏ￦³º©¶Ζ￦ￔￏ￦³º©¶￦Ϯￖ‫ڽڶڵ‬Οￖ‫ڽڵڵ‬ϯ￦¼￦‫ڸ‬Ζ‫ڴڴڴ‬ Ϯ‫ڴڸ‬Ζ‫ڴڴڴ‬ϯ ￦‫ڴڸ‬Ζ‫ڴڴڴ‬￦￦
￈Κ￦ ￋￏ￦¹²¨©¶Ζ￦ￔￏ￦¹²¨©¶￦￦ ￦‫ڴڻ‬Ζ‫ڴڴڴ‬￦ ￦Ϯ‫ڴڻ‬Ζ‫ڴڴڴ‬ϯ￦
￉Κ￦ ￋￏ￦³º©¶Ζ￦ￔￏ￦³º©¶￦ ￦Ϯ‫ڴڴڵ‬Ζ‫ڴڴڴ‬ϯ￦ ￦‫ڴڴڵ‬Ζ‫ڴڴڴ‬￦￦
ￊΚ ￋￏ￦¹²¨©¶Ζ￦ￔￏ￦¹²¨©¶￦ ￦‫ڴڸڵ‬Ζ‫ڴڴڴ‬￦￦
￦ ￇ¨®¹·¸©¨￦¦¥°¥²§©·￦ ￦￦930,000 1,410,000
(A) (C)
￦

87
Chapter 12: Inventories

Question No. 5
ￛ²¥¨®¹·¸©¨￦²©¸￦­²§³±©￦Ϯ‫ڵ‬Ζ‫ڴڴڴ‬Ζ‫ڵܩڴڴڴ‬Ζ‫ڴڴڶ‬Ζ‫ڴڴڴ‬ϯ￦ ‫ڶ‬Ζ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦￦
ￒ©··Ό￦ￇ¨®¹·¸©¨￦²©¸￦­²§³±©￦Ϯ‫ڴڷڽ‬Ζ‫ڵܩڴڴڴ‬Ζ‫ڴڵڸ‬Ζ‫ڴڴڴ‬ϯ￦ ‫ڶ‬Ζ‫ڴڸڷ‬Ζ‫ڴڴڴ‬￦￦ ￦
ￔ©¸￦¥¨®¹·¸±©²¸￦¸³￦­²§³±©Ο¹²¨©¶·¸¥¸©¨￦ (140,000) (D)
￦

SUMMARY OF ANSWERS:
‫ڵ‬Κ￦ C ‫ڶ‬Κ￦ B ‫ڷ‬Κ￦ A ‫ڸ‬Κ￦ C ‫ڹ‬Κ￦ D

￦
PROBLEM 12-18
￦

Question Nos. 1 and 2

Ledger Physical
￦ Balance Count
￈¥°¥²§©·￦´¶­³¶￦¸³￦¥¨®¹·¸±©²¸￦ ￖ￦‫ڸڵڷ‬Ζ‫ڴڴڼ‬￦ ￖ￦‫ڷڽڶ‬Ζ‫ڴڴں‬￦
ￇ¨¨Ό￦ￍ³³¨·￦­²￦¸¶¥²·­¸￦·³°¨Ζ￦ￌￕ￈￦¨©·¸­²¥¸­³²￦￦ ‫ڷ‬Ζ‫ڴڴڶ‬￦ ‫ڷ‬Ζ‫ڴڴڶ‬￦
ￒ©··Ό￦¹²¶©§³¶¨©¨￦·¥°© Ϯ￦￦￦￦￦￦‫ڼ‬Ζ‫ڴڴڸ‬ϯ￦ Ο￦
ￒ©··Ό￦¹²¶©§³¶¨©¨￦´¹¶§¬¥·©￦¶©¸¹¶²·￦ Ϯ￦￦￦￦￦￦‫ں‬Ζ‫ڴڴڴ‬ϯ￦ Ο￦
ￒ©··Ό￦«³³¨·￦¬©°¨￦³²￦§³²·­«²±©²¸￦ Ο￦ Ϯ￦￦￦￦￦￦‫ڼ‬Ζ‫ڴڴڼ‬ϯ￦
ￇ¨¨Ό￦¹²¶©§³¶¨©¨￦´¹¶§¬¥·© ‫ڷ‬Ζ‫ڴڸں‬Ο￦ Ο￦
ￇ¨¨Ό￦ￍ³³¨·￦­²￦¸¶¥²·­¸￦´¹¶§¬¥·©¨Ζ￦ￌￕ￈￦·¬­´´­²«￦´³­²¸￦ ￦ ‫ڵ‬Ζ‫ڴڴں‬￦
ￇ¨¨Ό￦ￍ³³¨·￦³¹¸￦³²￦§³²·­«²±©²¸￦ Ο￦ ‫ڸڵ‬Ζ‫ڴڴڼ‬￦
ￇ¨®¹·¸©¨￦¦¥°¥²§©·￦ P 307,240 P 304,400
￦ (A) (C)

Question No. 3
ￇ¨®¹·¸©¨￦¦¥°¥²§©·Ζ￦´©¶￦°©¨«©¶￦ ￖ￦￦‫ڻڴڷ‬Ζ‫ڴڸڶ‬￦ ￦
ￇ¨®¹·¸©¨￦¦¥°¥²§©·Ζ￦´¬½·­§¥°￦§³¹²¸￦ ￦￦￦￦￦‫ڸڴڷ‬Ζ‫ڴڴڸ‬￦ ￦
ￏ²º©²¸³¶½￦·¬³¶¸¥«©￦ P 2,840 (B)

SUMMARY OF ANSWERS:
‫ڵ‬Κ￦ A ‫ڶ‬Κ￦ C ‫ڷ‬Κ￦ B


PROBLEM 12-19
￦

Note to the professor: ￛ·©￦ ¸¬©￦ ª³°°³»­²«￦ «¹­¨©￦ µ¹©·¸­³²·￦ ­²￦ ¥²·»©¶­²«￦ ¸¬­·￦
µ¹©·¸­³²Ό
‫ڵ‬Κ Accounts Payable and related accounts
￝¥·￦¸¬©¶©￦¥￦º¥°­¨￦´¹¶§¬¥·©Η￦
￝¥·￦¸¬©￦´¹¶§¬¥·©￦¶©§³¶¨©¨Η￦
￝©¶©￦¸¬©￦­²º©²¸³¶­©·￦ￏￔ￉ￒￛￊￋￊ￦­²￦¸¬©￦§³¹²¸Η￦
‫ڶ‬Κ Accounts Receivable and related accounts
￝¥·￦¸¬©¶©￦¥￦º¥°­¨￦·¥°©Η￦
￝¥·￦¸¬©￦·¥°©￦¶©§³¶¨©¨Η￦
￝©¶©￦¸¬©￦­²º©²¸³¶­©·￦ￋ￞￉ￒￛￊￋￊ￦­²￦¸¬©￦§³¹²¸Η￦


88
Chapter 12: Inventories

SOLUTION:
Ending Net
Inventory Sales Purchases AP Income
￦ ￛ²¥¨®¹·¸©¨￦¦¥°¥²§©·￦ ‫ڴڹڹ‬Ζ‫ڴڴڴ‬￦ ‫ڵ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦ ‫ڴڴں‬Ζ‫ڴڴڴ‬￦ ‫ڴڹڸ‬Ζ‫ڴڴڴ‬￦ ‫ڴڶڵ‬Ζ‫ڴڴڴ‬￦
‫ڽڻں‬ ￦ ￦ ￦ ￦ ￦
‫ڴڼں‬ ￦ ￦ ￦ ￦ ￦
‫ڵڼں‬￦ ￦ ￦ ￦ ￦ ￦
‫ڶڼں‬ ￖ¹¶§¬￦ ³º©¶Ζ￦ ￉ￕ￙￦ ³º©¶Ζ￦ ￔￏ￦
¹²¨©¶￦ ￦ ￦ Ϯ‫ںڸ‬Ζ‫ڴڸڻ‬ϯ￦ Ϯ‫ںڸ‬Ζ‫ڴڸڻ‬ϯ￦ Ϯ‫ںڸ‬Ζ‫ڴڸڻ‬ϯ￦
ￋￏ￦ ³º©¶Ζ￦ ￉ￕ￙￦ ¹²¨©¶Ζ￦ ￔￏ￦
³º©¶￦ Ϯ‫ںڸ‬Ζ‫ڴڸڻ‬ϯ￦ ￦ ￦ ￦ ‫ںڸ‬Ζ‫ڴڸڻ‬￦
‫ڷڼں‬￦ ￋￏ￦ ³º©¶Ζ￦ ￉ￕ￙￦ ¹²¨©¶Ζ￦ ￔￏ￦
³º©¶￦ Ϯ‫ڸ‬Ζ‫ڴڴڹ‬ϯ￦ ￦ ￦ ￦ Ϯ‫ڸ‬Ζ‫ڴڴڹ‬ϯ￦
‫ڸڼں‬￦ ￖ¹¶§¬￦¹²¨©¶Ζ￦ￔￏ￦³º©¶￦ ￦ ￦ ‫ڵ‬Ζ‫ڴںڴ‬￦ ‫ڵ‬Ζ‫ڴںڴ‬￦ Ϯ‫ڵ‬Ζ‫ڴںڴ‬ϯ￦
‫ڹڼں‬ ￔ³Ζ￦ￔ³Ζ￦ￔ³ ￦ ￦ ￦ ￦
‫ںڼں‬￦ ￔ³Ζ￦ￔ³Ζ￦ￔ³￦ ￦ ￦ ￦ ￦
‫ڴڵڷ‬ ￟©·Ζ￦￟©·Ζ￦￟©·￦ ￦ ￦ ￦ ￦
‫ڵڵڷ‬
￦ ￙¥°©·￦³º©¶Ζ￦ￔￏ￦³º©¶ ￦ Ϯ‫ڴںڹ‬ϯ￦ ￦ ￦ Ϯ‫ڴںڹ‬ϯ
ￋￏ￦ ¹²¨©¶Ζ￦ ￔￏ￦ ¹²¨©¶￦ Ϯ‫ڴںڹ‬￦ ¼￦
‫ܫڴڻ‬ϯ￦ ‫ڶڽڷ‬￦ ￦ ￦ ￦ ‫ڶڽڷ‬￦
‫ڶڵڷ‬￦ ￙¥°©·￦³º©¶Ζ￦ￔￏ￦³º©¶￦ ￦ Ϯ‫ڵڷ‬Ζ‫ڴڸڽ‬ϯ￦ ￦ ￦ Ϯ‫ڵڷ‬Ζ‫ڴڸڽ‬ϯ￦
ￋￏ￦¹²¨©¶Ζ￦ￔￏ￦¹²¨©¶￦Ϯ‫ڵڷ‬Ζ‫ڴڸڽ‬￦
¼￦‫ܫڴڻ‬ϯ￦ ‫ڶڶ‬Ζ‫ڼڹڷ‬￦ ￦ ￦ ￦ ‫ڶڶ‬Ζ‫ڼڹڷ‬￦
￦‫ڷڵڷ‬￦ ￙¥°©·￦³º©¶Ζ￦ￔￏ￦³º©¶￦ ￦ Ϯ‫ں‬Ζ‫ڴڹڷ‬ϯ￦ ￦ ￦ Ϯ‫ں‬Ζ‫ڴڹڷ‬ϯ￦
ￋￏ￦ ¹²¨©¶Ζ￦ ￔￏ￦ ¹²¨©¶￦ Ϯ‫ں‬Ζ‫ڴڹڷ‬￦
¼￦‫ܫڴڻ‬ϯ￦ ‫ڸ‬Ζ‫ڹڸڸ‬￦ ￦ ￦ ￦ ‫ڸ‬Ζ‫ڹڸڸ‬￦
‫ڸڵڷ‬ ￙¥°©·￦³º©¶Ζ￦ￔￏ￦³º©¶ ￦ Ϯ‫ڵ‬Ζ‫ڴڷڽ‬ϯ￦ ￦ ￦ Ϯ‫ڵ‬Ζ‫ڴڷڽ‬ϯ
‫ڹڵڷ‬ ￔ³Ζ￦ￔ³Ζ￦ￔ³ ￦ ￦ ￦ ￦
‫ںڵڷ‬￦ ￔ³Ζ￦ￔ³Ζ￦ￔ³￦ ￦ ￦ ￦ ￦
‫ڻڵڷ‬ ￔ³Ζ￦ￔ³Ζ￦ￔ³ ￦ ￦ ￦ ￦
￦‫ڼڵڷ‬￦ ￦ ￦ ￦ ￦ ￦
￦ ￔ©¸￦¥¨®¹·¸±©²¸￦ Ϯ‫ڸڶ‬Ζ‫ڹڸڴ‬ϯ￦ Ϯ‫ڴڸ‬Ζ‫ڴڼڻ‬ϯ￦ Ϯ‫ڹڸ‬Ζ‫ڴڼں‬ϯ￦ Ϯ‫ڹڸ‬Ζ‫ڴڼں‬ϯ￦ Ϯ‫ڽڵ‬Ζ‫ڹڸڵ‬ϯ￦
ￇ¨®¹·¸©¨￦¦¥°¥²§©· 525,955 959,220 554,320 404,320 100,855
￦ ￦ (A) (A) (A) (A) (D)
￦

SUMMARY OF ANSWERS:
‫ڵ‬Κ￦ A ‫ڶ‬Κ￦ A ‫ڷ‬Κ￦ A ‫ڸ‬Κ￦ A ‫ڹ‬Κ￦ D


PROBLEM 12-20
￦
Ending Accounts Accounts
inventory receivable payable Sales Net income
ￛ²¥¨®¹·¸©¨￦
¦¥°¥²§©￦ ￖ‫ڴڶڶ‬Ζ‫ڴڴڴ‬￦ ￖ‫ڸڴڵ‬Ζ‫ڴڴڴ‬￦ ￖ‫ڼڷڵ‬Ζ‫ڴڴڴ‬￦ ￖ‫ڵ‬Ζ‫ڴڵڴ‬Ζ‫ڴڴڴ‬￦ ￖ‫ڴڼڵ‬Ζ‫ڴڴڸ‬￦
ￇ￦ ￦ ￦ Ϯ‫ڴڶ‬Ζ‫ڴڴڴ‬ϯ￦ ￦ ￦￦￦￦￦￦‫ڴڶ‬Ζ‫ڴڴڴ‬￦
￈￦ Ϯ‫ڴڵ‬Ζ‫ڴڴڴ‬ϯ￦￦ ￦ Ϯ‫ڴڵ‬Ζ‫ڴڴڴ‬ϯ ￦
￉￦ ‫ڴڹ‬Ζ‫ڴڴڴ‬￦ Ϯ‫ڸں‬Ζ‫ڴڴڴ‬ϯ￦ ￦ Ϯ‫ڸں‬Ζ‫ڴڴڴ‬ϯ￦ ￦Ϯ‫ڸڵ‬Ζ‫ڴڴڴ‬ϯ￦
ￊ￦ ‫ڸڵ‬Ζ‫ڴڴڴ‬￦ Ϯ‫ںڵ‬Ζ‫ڴڴڴ‬ϯ￦ ￦ Ϯ‫ںڵ‬Ζ‫ڴڴڴ‬ϯ￦ Ϯ‫ڶ‬Ζ‫ڴڴڴ‬ϯ￦
ￋ￦ Ϯ￦￦￦‫ڸڶ‬Ζ‫ڴڴڴ‬ϯ￦ ￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦ ￦ ￦ Ϯ￦￦￦￦￦‫ڸڶ‬Ζ‫ڴڴڴ‬ϯ￦
ￇ¨®¹·¸©¨￦ P 250,000 P24,000 P108,000 P930,000 P160,400
￦ (A) (C) (D) (D) (A)
￦

SUMMARY OF ANSWERS:
‫ڵ‬Κ￦ A ‫ڶ‬Κ￦ C ‫ڷ‬Κ￦ D ‫ڸ‬Κ￦ D ‫ڹ‬Κ￦ A

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Chapter 12: Inventories

PROBLEM 12-21
￦
Accounts Accounts Net
Inventory payable Receivable Net Sales Purchases Net income
ￛ²¥¨®¹·¸©¨￦
¦¥°¥²§©·￦ ‫ڴڹڶ‬Ζ‫ڴڴڴ‬￦ ‫ڴڴڸ‬Ζ‫ڴڴڴ‬￦ ‫ڵ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦ ‫ڸ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦ ‫ڶ‬Ζ‫ڴڴڹ‬Ζ‫ڴڴڴ‬￦ ‫ڴڴں‬Ζ‫ڴڴڴ‬￦
ￇ Ο￦ Ο￦ Ο Ο￦ Ο￦ Ο
￈￦ ‫ڹڷ‬Ζ‫ڴڴڴ‬￦ Ο￦ Ο Ο￦ Ο￦ ‫ڹڷ‬Ζ‫ڴڴڴ‬
￉ ‫ڸ‬Ζ‫ڴڴڴ‬￦ ‫ڸ‬Ζ‫ڴڴڴ‬￦ Ο Ο￦ ‫ڸ‬Ζ‫ڴڴڴ‬￦ Ο
ￊ￦ Ϯ‫ڹڶ‬Ζ‫ڴڴڴ‬ϯ￦ Ο￦ ‫ڴڸ‬Ζ‫ڴڴڴ‬ ‫ڴڸ‬Ζ‫ڴڴڴ‬￦ Ο￦ ‫ڹڵ‬Ζ‫ڴڴڴ‬
ￋ ‫ڴڵ‬Ζ‫ڴڴڴ‬￦ Ο￦ Ο Ο￦ Ο￦ ‫ڴڵ‬Ζ‫ڴڴڴ‬
ￌ￦ Ο￦ Ο￦ Ϯ‫ڴڷ‬Ζ‫ڴڴڴ‬ϯ Ϯ‫ڴڷ‬Ζ‫ڴڴڴ‬ϯ￦ Ο￦ Ϯ‫ڴڷ‬Ζ‫ڴڴڴ‬ϯ
ￍ￦ ‫ڸڷ‬Ζ‫ڴڴڴ‬￦ Ο￦ Ϯ‫ڼں‬Ζ‫ڴڴڴ‬ϯ￦ Ϯ‫ڼں‬Ζ‫ڴڴڴ‬ϯ￦ Ο￦ Ϯ‫ڸڷ‬Ζ‫ڴڴڴ‬ϯ￦
ￎ Ο￦ Ο￦ Ϯ‫ڴڵ‬Ζ‫ڴڴڴ‬ϯ Ϯ‫ڴڵ‬Ζ‫ڴڴڴ‬ϯ￦ Ο￦ Ϯ‫ڴڵ‬Ζ‫ڴڴڴ‬ϯ
ￏ￦ Ο￦ Ο￦ Ο￦ Ϯ‫ڴڽ‬Ζ‫ڴڴڴ‬ϯ￦ Ο￦ Ϯ‫ڴڽ‬Ζ‫ڴڴڴ‬ϯ￦
￐￦
￦ ‫ڴں‬Ζ‫ڴڴڴ‬￦￦ ‫ڴں‬Ζ‫ڴڴڴ‬￦￦ Ο￦ Ο￦￦ ‫ڴں‬Ζ‫ڴڴڴ‬￦￦ Ο￦
Adjusted
balances 368,000 464,000 932,000 3,842,000 2,564,000 496,000

SUMMARY OF ANSWERS:
‫ڵ‬Κ￦ C ‫ڶ‬Κ￦ C ‫ڷ‬Κ￦ A ‫ڸ‬Κ￦ A ‫ڹ‬Κ￦ D ‫ں‬Κ￦ D

￦
PROBLEM 12-22
￦

Questions No. 1 to 5
R/E Sales EI A/P CGS
‫ںڵڴڶ‬￦ￖ¹¶§¬¥·©·￦¹²¨©¶Ζ￦￉ￍ￙￦ ‫ںڷ‬Ζ‫ڴڴڴ‬￦ ￦ ￦ ￦ ￦
¹²¨©¶Ζ￦ￔￏ￦³º©¶Ζ￦￘ￋ￦³º©¶￦
‫ڻڵڴڶ‬￦ￖ¹¶§¬¥·©·￦³º©¶Ζ￦￉ￍ￙￦ ￦ ￦ ￦ ￦ ‫ںڷ‬Ζ‫ڴڴڴ‬￦
³º©¶￦
‫ںڵڴڶ‬￦ￋￏ￦¹²¨©¶Ζ￦ￔￏ￦¹²¨©¶Ζ￦￘ￋ￦ Ϯ‫ڶڷ‬Ζ‫ڴڴڴ‬ϯ￦ ￦ ￦ ￦ ￦
¹²¨©¶￦
‫ڻڵڴڶ‬￦￈ￏ￦¹²¨©¶Ζ￦￉ￍ￙￦¹²¨©¶￦ ￦ ￦ ￦ ￦ Ϯ‫ڶڷ‬Ζ‫ڴڴڴ‬ϯ￦
￙¥°©·￦¹²¨©¶￦ ￦ Ϯ‫ڴڶ‬Ζ‫ڴڴڴ‬ϯ￦ ￦ ￦ ￦
ￖ¹¶§¬¥·©·￦¹²¨©¶Ζ￦￉ￍ￙￦¹²¨©¶ ￦ ￦ Ϯ‫ڸڶ‬Ζ‫ڴڴڴ‬ϯ￦ Ϯ‫ڸڶ‬Ζ‫ڴڴڴ‬ϯ
ￋￏ￦¹²¨©¶Ζ￦￉ￍ￙￦³º©¶￦ ￦ ￦ Ϯ‫ڼ‬Ζ‫ڴڴڴ‬ϯ￦ ￦ ‫ڼ‬Ζ‫ڴڴڴ‬￦
ￖ¹¶§¬¥·©·￦¹²¨©¶Ζ￦￉ￍ￙￦¹²¨©¶￦ ￦ ￦ ￦ Ϯ‫ڸ‬Ζ‫ڴڴڴ‬ϯ￦ Ϯ‫ڸ‬Ζ‫ڴڴڴ‬ϯ￦
ￋￏ￦¹²¨©¶Ζ￦￉ￍ￙￦³º©¶￦ ￦ ￦ Ϯ‫ڸ‬Ζ‫ڴڴڴ‬ϯ￦ ￦ ‫ڸ‬Ζ‫ڴڴڴ‬￦
Total 4,000 (20,000) (12,000) (28,000) (12,000)
￦

Legend:
￈ￏ￦Ο￦￈©«­²²­²«￦­²º©²¸³¶½￦
ￋￏ￦Ο￦ￋ²¨­²«￦­²º©²¸³¶½￦
ￔￏ￦Ο￦ￔ©¸￦ￏ²§³±©￦
￉ￍ￙￦Ο￦￉³·¸￦³ª￦«³³¨·￦·³°¨￦
￘ￋ￦Ο￦￘©¸¥­²©¨￦©¥¶²­²«·￦ ￦‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ںڵڴڶ‬￦³¶￦‫ڵڴ‬ϑ‫ڵڴ‬ϑ‫ڻڵڴڶ‬￦
‫ڸ‬Ζ‫ڴڴڴ‬￦ ￦³º©¶·¸¥¸©¨￦
Ϯ‫ڸ‬Ζ‫ڴڴڴ‬ϯ￦ ￦¹²¨©¶·¸¥¸©¨￦
￦

Note:￦ￚ¬©￦©ªª©§¸￦³ª￦©¶¶³¶·￦³²￦ￊ©§©±¦©¶￦‫ںڵڴڶ‬￦¥²¨￦￐¥²¹¥¶½￦‫ڻڵڴڶ‬￦¬¥·￦²³￦©ªª©§¸￦³²￦
¸¬©￦ ©²¨­²«￦ ¦¥°¥²§©￦ ³ª￦ ¸¬©￦ ¥§§³¹²¸·￦ ´¥½¥¦°©￦ ³²￦ ￊ©§©±¦©¶￦ ‫ڵڷ‬Ζ￦ ‫ڻڵڴڶ‬￦ ·­²§©￦ ¸¬©￦
´¥½¥¦°©￦­·￦©¼´©§¸©¨￦¸³￦¦©￦·©¸¸°©¨￦¦©ª³¶©￦¸¬©￦©²¨￦³ª￦¸¬©￦½©¥¶Κ￦

90
Chapter 12: Inventories

￦
SUMMARY OF ANSWERS:
‫ڵ‬Κ￦ C ‫ڶ‬Κ￦ B ‫ڷ‬Κ￦ B ‫ڸ‬Κ￦ D ‫ڹ‬Κ￦ C


PROBLEM 12-23
￦

Question No. 1
￙¥°©·￦Ϯ‫ڹڻڸ‬Ζ‫ڴڴڴ‬ϑ‫ܫڴڼ‬ϯ P593,750 ‫ܫڴڴڵ‬￦
ￒ©··Ό￦￉³·¸￦³ª￦·¥°©·￦ ￦￦￦￦‫ڹڻڸ‬Ζ‫ڴڴڴ‬￦￦ ‫ܫڴڼ‬￦
ￍ¶³··￦´¶³ª­¸￦ ￦￦￦￦‫ڼڵڵ‬Ζ‫ڴڹڻ‬￦￦ ‫ܫڴڶ‬￦

Inventory (in units)

￈©«Κ￦￈¥°¥²§©￦Ϯ‫ڴں‬Ζ‫ڴڴڴ‬ϑￖ‫ڷ‬ϯ￦ 20,000 ‫ڹڶ‬Ζ‫ڴڴڴ‬￦ ￈¥°¥²§©￦©²¨￦(squeeze) ³¶￦
Ϯ‫ڹڶڵ‬Ζ‫ڴڴڴ‬ϑ‫ڹ‬ϯ￦
ￖ¹¶§¬¥·©·￦ ‫ڴڴڵ‬Ζ‫ڴڴڴ‬￦ 95,000 ￉³·¸￦³ª￦·¥°©·￦Ϯ‫ڹڻڸ‬Ζ‫ڴڴڴ‬ϑ‫ڹ‬ϯ￦
ￚ³¸¥°￦ ‫ڴڶڵ‬Ζ‫ڴڴڴ‬￦ ‫ڴڶڵ‬Ζ‫ڴڴڴ‬￦

Inventory (in peso amount)

￈©«Κ￦￈¥°¥²§©￦(squeeze)￦ ‫ڴں‬Ζ‫ڴڴڴ‬￦ 125,000 ￈¥°¥²§©￦©²¨￦(squeeze)￦
ￖ¹¶§¬¥·©·￦ ‫ڴڸڹ‬Ζ‫ڴڴڴ‬￦ ‫ڹڻڸ‬Ζ‫ڴڴڴ‬￦ ￉³·¸￦³ª￦·¥°©·￦
ￚ³¸¥°￦ ‫ڴڴں‬Ζ‫ڴڴڴ‬￦ ‫ڴڴں‬Ζ‫ڴڴڴ‬ ￦

￝©­«¬¸©¨￦¥º©¶¥«©￦¹²­¸￦§³·¸￦￦‫ܥ‬￦ￚￍￇ￙￦Ϯ´©·³ϯ￦ϑ￦ￚￍￇ￙￦Ϯ¹²­¸·ϯ￦
￦

￝©­«¬¸©¨￦¥º©¶¥«©￦¹²­¸￦§³·¸￦Ϯￖ‫ڴڴں‬Ζ‫ڴڴڴ‬ϑ‫ڴڶڵ‬Ζ‫ڴڴڴ‬ϯ￦‫ܥ‬￦P5/unit
￦

SUMMARY OF ANSWERS:
‫ڵ‬Κ￦ A ‫ڶ‬Κ￦ A ‫ڷ‬Κ￦ B ‫ڸ‬Κ￦ A ‫ڹ‬Κ￦ B


PROBLEM 12-24
￦

Question No. 1
ￚ¬©￦ §¹±¹°¥¸­º©￦ ©ªª©§¸￦ ³²￦ §¬¥²«©￦ ­²￦ ¥§§³¹²¸­²«￦ ´³°­§½￦ ³²￦ ￐¥²¹¥¶½￦ ‫ڵ‬Ζ￦ ‫ںڵڴڶ‬￦ ³¶￦
ￊ©§©±¦©¶￦‫ڵڷ‬Ζ￦‫ڹڵڴڶ‬￦￘©¸¥­²©¨￦ￋ¥¶²­²«·￦­·￦understatement of 100,000Ζ￦»¬­§¬￦­·￦
¸¬©￦¹²¨©¶·¸¥¸©±©²¸￦³ª￦ￋ²¨­²«￦ￏ²º©²¸³¶½￦³²￦ￊ©§©±¦©¶￦‫ڵڷ‬Ζ￦‫ڹڵڴڶ‬Κ￦ (B)￦
￦
Question No. 2
ￔ©¸￦­²§³±©￦ ￦»©­«¬¸©¨￦¥º©¶¥«©￦ ￖ‫ڷ‬Ζ‫ڴڹڶ‬Ζ‫ڴڴڴ‬￦
￈©«­²²­²«￦­²º©²¸³¶½￦¹²¨©¶Ζ￦￉ￍ￙￦¹²¨©¶Ζ￦ￔ©¸￦­²§³±©￦³º©¶￦ Ϯ‫ڴڹڵ‬Ζ‫ڴڴڴ‬ϯ
ￋ²¨­²«￦­²º©²¸³¶½￦¹²¨©¶Ζ￦￉ￍ￙￦³º©¶Ζ￦ￔ©¸￦­²§³±©￦¹²¨©¶￦ ‫ڴڴڵ‬Ζ‫ڴڴڴ‬￦
ￇ¨®¹·¸©¨￦²©¸￦­²§³±©￦ ￦ￌￏￌￕ￦ ￦ ￦ ￦ (B)￦ ￖ‫ڷ‬Ζ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦
￦
Question No. 3
￉³±´¹¸¥¸­³²￦³ª￦¹²­¸·￦·³°¨Ό￦
￈©«­²²­²«￦­²º©²¸³¶½￦ ￦¹²­¸·￦ ‫ڴڵ‬Ζ‫ڴڴڴ‬￦
91
Chapter 12: Inventories

ￇ¨¨Ό￦ￚ³¸¥°￦´¹¶§¬¥·©·￦ ￦¹²­¸·￦ ‫ڴڴڵ‬Ζ‫ڴڴڴ‬￦

ￚ³¸¥°￦«³³¨·￦¥º¥­°¥¦°©￦ª³¶￦·¥°©￦ ￦¹²­¸·￦ ‫ڴڵڵ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦ￛ²­¸·￦·³°¨￦Ϯￖ‫ں‬Ζ‫ڴڴڸ‬Ζ‫ڴڴڴ‬￦ϑ￦ￖ‫ڴڼ‬ϑ¹²­¸ϯ ‫ڴڼ‬Ζ‫ڴڴڴ‬
ￋ²¨­²«￦­²º©²¸³¶½￦­²￦¹²­¸·￦ ‫ڴڷ‬Ζ‫ڴڴڴ‬￦
￦

ￚ¬©￦‫ڴڷ‬Ζ‫ڴڴڴ‬￦©²¨­²«￦­²º©²¸³¶½￦§³±©·￦ª¶³±￦¸¬©￦°¥·¸￦¸»³￦´¹¶§¬¥·©·￦¥·￦ª³°°³»·Ό￦
Units Unit cost Total cost
¸¬
ￌ¶³±￦‫ ڸ‬￦µ¹¥¶¸©¶￦´¹¶§¬¥·©·￦ ‫ڴڵ‬Ζ‫ڴڴڴ‬￦ ‫ڼں‬￦ ‫ڴڼں‬Ζ‫ڴڴڴ‬￦
ￌ¶³±￦‫ ¨¶ڷ‬µ¹¥¶¸©¶￦´¹¶§¬¥·©· ‫ڴڶ‬Ζ‫ڴڴڴ‬￦ ‫ڵ ںں‬Ζ‫ڴڶڷ‬Ζ‫ڴڴڴ‬
ￚ³¸¥°￦ ‫ڴڷ‬Ζ‫ڴڴڴ‬￦ (B) 2,000,000
￦
Question No. 4
￉³·¸￦Ϯ¶©ª©¶￦¸³￦²³Κ￦‫ڷ‬ϯ￦ ‫ڶ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
ￔ©¸￦¶©¥°­¾¥¦°©￦º¥°¹©￦σϮￖ‫ڴڻ‬￦ ￖ‫ڹ‬ϯ￦¼￦‫ڴڷ‬Ζ‫ڴڴڴ‬σ￦ ‫ڵ‬Ζ‫ڴڹڽ‬Ζ‫ڴڴڴ‬
ￒ³··￦³²￦­²º©²¸³¶½￦»¶­¸©Ο¨³»²￦ ￦ ￦ ￦ (B)￦ 50,000
￦
Question No. 5
￈©«­²²­²«￦­²º©²¸³¶½￦ ￦ￌￏￌￕ￦ ‫ڴڴڹ‬Ζ‫ڴڴڴ‬￦
ￇ¨¨Ό￦ￔ©¸￦ￖ¹¶§¬¥·©·￦Ϯￖ‫ں‬Ζ‫ڴڼڸ‬Ζ‫ڴڴڴ‬￦ ￦‫ڴڼڽ‬Ζ‫ڴڴڴ‬ϯ￦ ‫ڹ‬Ζ‫ڴڴڹ‬Ζ‫ڴڴڴ‬￦
ￚ³¸¥°￦«³³¨·￦¥º¥­°¥¦°©￦ª³¶￦·¥°© ‫ں‬Ζ‫ڴڴڵ‬Ζ‫ڴڴڴ‬
ￒ©··Ό￦ￋ²¨­²«￦­²º©²¸³¶½￦¥¸￦§³·¸￦Ϯ·©©￦²³Κ￦‫ڷ‬ϯ￦ ‫ڶ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
￉³·¸￦³ª￦«³³¨·￦·³°¨￦¥¸￦§³·¸￦ ‫ڸ‬Ζ‫ڴڴڵ‬Ζ‫ڴڴڴ‬￦
ￇ¨¨Ό￦ￒ³··￦³²￦­²º©²¸³¶½￦»¶­¸©Ο¨³»²￦Ϯ·©©￦²³Κ￦‫ڸ‬ϯ￦ ‫ڴڹ‬Ζ‫ڴڴڴ‬￦
￉³·¸￦³ª￦«³³¨·￦·³°¨￦¥ª¸©¶￦­²º©²¸³¶½￦»¶­¸©Ο¨³»²￦ ￦ (A)￦ 4,150,000

SUMMARY OF ANSWERS:
‫ڵ‬Κ￦ B ‫ڶ‬Κ￦ B ‫ڷ‬Κ￦ B ‫ڸ‬Κ￦ B ‫ڹ‬Κ￦ A


PROBLEM 12-25
￦

Question No. 1
Ϯ‫ڴڵ‬Ζ‫ڴڴڹ‬￦Ο￦‫ڵ‬Ζ‫ڴڴڴ‬￦‫ܩ‬￦‫ڷ‬Ζ‫ڴڴڴ‬ϯ￦‫ܥ‬￦‫ڶڵ‬Ζ‫ڴڴڴ‬￦¹²­¸·

No. of units Unit cost Total

￦￦￦￦￦￦￦￦‫ڷ‬Ζ‫ڴڴڴ‬￦ ‫ڸڵ‬￦ ￦ￖ￦￦￦‫ڶڸ‬Ζ‫ڴڴڴ‬￦ ￦
￦￦￦￦￦￦￦￦‫ڶ‬Ζ‫ڴڴڴ‬￦ ‫ڷڵ‬ ￦￦￦￦￦￦￦‫ںڶ‬Ζ‫ڴڴڴ‬￦ ￦
￦￦￦￦￦￦￦￦‫ڸ‬Ζ‫ڴڴڴ‬￦ ‫ڹڵ‬￦ ￦￦￦￦￦￦￦‫ڴں‬Ζ‫ڴڴڴ‬￦ ￦
￦￦￦￦￦￦‫ڷ‬Ζ‫ڴڴڴ‬￦ ‫ںڵ‬￦ ￦￦￦￦￦‫ڼڸ‬Ζ‫ڴڴڴ‬￦ ￦
￦￦￦￦‫ڶڵ‬Ζ‫ڴڴڴ‬￦ ￦ P 176,000 (A)

Question No. 2
Ϯ‫ڸ‬Ζ‫ڴڴںܩڴڴڻܩڴڴڹ‬ϯ‫ڹܥ‬Ζ‫ڴڴڼ‬￦¹²­¸·

92
‫‪Chapter 12: Inventories‬‬

‫ ‪No. of units Unit cost‬‬ ‫ ‪Total‬‬ ‫ ‬

‫‪￦‬ڴڴڼ‪Ζ‬ڵ‪￦￦￦￦￦￦￦￦‬‬ ‫ڽڵ‬ ‫‪￦￦‬ڴڴڶ‪Ζ‬ڸڷ‪￦￦ￖ￦￦￦‬‬
‫‪￦‬ڴڴڼ‪Ζ‬ڵ‪￦￦￦￦￦￦￦￦‬‬ ‫‪￦‬ڴڶ‬ ‫‪￦￦‬ڴڴڴ‪Ζ‬ںڷ‪￦￦￦￦￦￦￦‬‬ ‫‪￦‬‬
‫‪￦‬ڴڴڶ‪Ζ‬ڵ‪￦￦￦￦￦￦￦￦‬‬ ‫‪￦‬ڵڶ‬ ‫‪￦￦‬ڴڴڶ‪Ζ‬ڹڶ‪￦￦￦￦￦￦￦‬‬ ‫‪￦‬‬
‫‪￦‬ڴڴڴ‪Ζ‬ڵ‪￦￦￦￦‬‬ ‫ڶڶ‬ ‫‪￦￦‬ڴڴڴ‪Ζ‬ڶڶ‪￦￦￦￦￦‬‬
‫‪￦ ￦‬ڴڴڼ‪Ζ‬ڹ‪￦￦￦￦‬‬ ‫ ‪P 117,400‬‬ ‫ )‪(A‬‬
‫‪￦‬‬

‫ ‪Question No. 3‬‬

‫‪T-shirts:‬‬ ‫‪￦‬‬
‫‪ￔ©¸￦¶©¥°­¾¥¦°©￦º¥°¹©￦‬‬ ‫ ‪NRV‬‬ ‫ ‪Cost‬‬ ‫ ‪Lower‬‬
‫‪ϯϯ￦‬ںڵ‪￦¼￦ￖ‬ܫڴڵ‪ΟϮ‬ںڵ‪￦¼￦Ϯￖ‬ڴڴڴ‪Ζ‬ڶڵ‪Ϯ‬‬ ‫‪￦‬ڴڴڼ‪Ζ‬ڶڻڵ‪￦￦ ￖ￦‬ڴڴڴ‪Ζ‬ںڻڵ‪￦ ￦ￖ‬ڴڴڼ‪Ζ‬ڶڻڵ‪ￖ‬‬
‫ ‪Jackets:‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬
‫‪ϯ￦‬ڶڶ‪¼ￖ‬ܫڴڵ‪ΟϮ‬ڶڶ‪￦¼￦Ϯￖ‬ڴڴڼ‪Ζ‬ڹ‪Ϯ‬‬ ‫‪￦‬ڴڸڼ‪Ζ‬ڸڵڵ ‪￦￦ ￦￦￦‬ڴڴڸ‪Ζ‬ڻڵڵ‪ ￦￦￦‬ڴڸڼ‪Ζ‬ڸڵڵ‪￦￦‬‬
‫‪ￒ³»©¶￦³ª￦§³·¸￦³¶￦ￔ￘ￜ￦‬‬ ‫‪￦ P 287,640￦‬ڴڴڸ‪Ζ‬ڷڽڶ‪￦ ￖ￦‬ڴڸں‪Ζ‬ڻڼڶ‪ￖ‬‬
‫‪￦‬‬

‫ ‪Question No. 4‬‬

‫‪ϯ￦ ￦‬ڷ‪ￚ³¸¥°￦§³·¸￦Ϯ·©©￦²³Κ￦‬‬ ‫‪￦￦‬ڴڴڸ‪Ζ‬ڷڽڶ‪ￖ￦‬‬
‫‪ϯ￦‬ڷ‪ￒ©··Ό￦ￒ³»©¶￦³ª￦§³·¸￦³¶￦ￔ￘ￜ￦Ϯ·©©￦²³Κ￦‬‬ ‫‪￦￦‬ڴڸں‪Ζ‬ڻڼڶ‪￦￦￦￦‬‬
‫‪ￒ³··￦³²￦­²º©²¸³¶½￦»¶­¸©Ο¨³»²￦ ￦‬‬ ‫‪(B)￦‬‬ ‫ ‪P 5,760‬‬
‫‪￦‬‬

‫ ‪Question No. 5‬‬

‫‪￈©«­²²­²«￦­²º©²¸³¶­©·Ό￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬
‫‪ϯ￦‬ڵڵ‪￦¼￦ￖ‬ڴڴڴ‪Ζ‬ڽ‪ￚΟ·¬­¶¸·￦Ϯ‬‬ ‫‪￦ ￦‬ڴڴڴ‪Ζ‬ڽڽ‪￦￦￦ￖ￦￦￦￦‬‬
‫‪ϯ￦‬ڹڵ‪￦¼￦ￖ‬ڴڴڴ‪Ζ‬ڹ‪￐¥§¯©¸·￦Ϯ‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڸڻڵ‪￦ ￦ￖ￦￦‬ڴڴڴ‪Ζ‬ڹڻ‪￦￦￦￦￦￦‬‬
‫‪ϯ￦ ￦‬ڴڴڽ‪Ζ‬ڷڼڵ‪￦‬ܩ‪￦‬ڴڴڹ‪Ζ‬ڽڽڶ‪ￇ¨¨ΌЄￚ³¸¥°￦´¹¶§¬¥·©·￦Ϯ‬‬ ‫‪￦‬ڴڴڸ‪Ζ‬ڷڼڸ‪￦￦￦￦‬‬
‫‪ￚ³¸¥°￦«³³¨·￦¥º¥­°¥¦°©￦ª³¶￦·¥°©￦‬‬ ‫‪￦‬ڴڴڸ‪Ζ‬ڻڹں‪ￖ￦￦‬‬
‫¸·‪ￒ©··Ό￦ￓ©¶§¬¥²¨­·©￦­²º©²¸³¶½￦¥¸￦§³‬‬ ‫‪￦‬ڴڴڸ‪Ζ‬ڷڽڶ‪￦￦￦￦‬‬
‫‪￉³·¸￦³ª￦·¥°©·￦¦©ª³¶©￦­²º©²¸³¶½￦»¶­¸©Ο¨³»²￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڸںڷ‪ￖ￦￦‬‬
‫‪ￇ¨¨Ό￦ￒ³··￦³²￦­²º©²¸³¶½￦»¶­¸©Ο¨³»²￦‬‬ ‫‪￦‬ڴںڻ‪Ζ‬ڹ‪￦￦￦￦￦￦￦￦￦￦‬‬
‫)‪￉³·¸￦³ª￦·¥°©·￦¥ª¸©¶￦­²º©²¸³¶½￦»¶­¸©Ο¨³»² (B‬‬ ‫ ‪P369,760‬‬
‫ ‬

‫ ‪*T-shirts‬‬ ‫ ‬ ‫ ‬
‫‪￦￦‬ڴڴڴ‪Ζ‬ڸ‪￦￦￦￦￦￦￦￦‬‬ ‫‪￦￦‬ڶڵ‪￦￦￦￦ￖ‬‬ ‫‪￦￦‬ڴڴڴ‪Ζ‬ڼڸ‪￦ￖ￦￦￦￦‬‬
‫‪￦￦‬ڴڴڴ‪Ζ‬ڷ‪￦￦￦￦￦￦￦￦‬‬ ‫‪￦￦‬ڶڵ‪￦￦￦￦‬‬ ‫‪￦￦‬ڴڴڴ‪Ζ‬ںڷ‪￦￦￦￦￦￦￦‬‬
‫‪￦￦‬ڴڴڹ‪Ζ‬ڶ‪￦￦￦￦￦￦￦￦‬‬ ‫‪￦￦‬ڷڵ‪￦￦￦￦‬‬ ‫‪￦￦‬ڴڴڹ‪Ζ‬ڶڷ‪￦￦￦￦￦￦￦‬‬
‫‪￦￦‬ڴڴڹ‪Ζ‬ڷ‪￦￦￦￦￦￦￦￦‬‬ ‫‪￦￦‬ڸڵ‪￦￦￦￦‬‬ ‫‪￦￦‬ڴڴڴ‪Ζ‬ڽڸ‪￦￦￦￦￦￦￦‬‬
‫‪￦￦‬ڴڴڴ‪Ζ‬ڶ‪￦￦￦￦￦￦￦￦‬‬ ‫‪￦￦‬ڷڵ‪￦￦￦￦‬‬ ‫‪￦￦‬ڴڴڴ‪Ζ‬ںڶ‪￦￦￦￦￦￦￦‬‬
‫‪￦￦‬ڴڴڴ‪Ζ‬ڸ‪￦￦￦￦￦￦￦￦‬‬ ‫‪￦￦‬ڹڵ‪￦￦￦￦‬‬ ‫‪￦￦‬ڴڴڴ‪Ζ‬ڴں‪￦￦￦￦￦￦￦‬‬
‫‪￦￦‬ڴڴڴ‪Ζ‬ڷ‪￦￦￦￦￦￦‬‬ ‫‪￦￦‬ںڵ‪￦￦￦￦‬‬ ‫‪￦￦‬ڴڴڴ‪Ζ‬ڼڸ‪￦￦￦￦￦￦￦‬‬
‫‪￦￦‬ڴڴڴ‪Ζ‬ڶڶ‪￦￦￦￦‬‬ ‫‪￦‬‬ ‫‪￦￦‬ڴڴڹ‪Ζ‬ڽڽڶ‪ￖ￦￦￦‬‬
‫ ‬
‫ ‪ Jackets‬‬ ‫ ‬ ‫ ‬
‫‪￦￦‬ڴڴڽ‪￦￦￦￦￦￦￦￦￦￦￦‬‬ ‫‪￦￦‬ڴڴڸ‪Ζ‬ڸڵ‪￦￦ ￦￦ￖ￦￦￦‬ںڵ‪￦￦￦ￖ‬‬
‫‪￦￦‬ڴڴڵ‪Ζ‬ڵ‪￦￦￦￦￦￦￦￦‬‬ ‫‪￦￦‬ڴڴڼ‪Ζ‬ڽڵ‪￦￦ ￦￦￦￦￦￦￦‬ڼڵ‪￦￦￦￦‬‬
‫‪￦￦‬ڴڴڹ‪Ζ‬ڵ‪￦￦￦￦￦￦￦￦‬‬ ‫‪￦￦‬ڴڴڹ‪Ζ‬ڼڶ‪￦￦ ￦￦￦￦￦￦￦‬ڽڵ‪￦￦￦￦‬‬
‫‪￦￦‬ڴڴڴ‪Ζ‬ڶ‪￦￦￦￦￦￦￦￦‬‬ ‫‪￦￦‬ڴڴڴ‪Ζ‬ڼڷ‪￦￦ ￦￦￦￦￦￦￦‬ڽڵ‪￦￦￦￦‬‬
‫‪￦￦‬ڴڴڼ‪Ζ‬ڵ‪￦￦￦￦￦￦￦￦‬‬ ‫‪￦￦‬ڴڴڴ‪Ζ‬ںڷ‪￦￦ ￦￦￦￦￦￦￦‬ڴڶ‪￦￦￦￦‬‬
‫‪￦￦‬ڴڴڶ‪Ζ‬ڵ‪￦￦￦￦￦￦￦￦‬‬ ‫‪￦￦‬ڴڴڶ‪Ζ‬ڹڶ‪￦￦ ￦￦￦￦￦￦￦‬ڵڶ‪￦￦￦￦‬‬

‫‪93‬‬
Chapter 12: Inventories

￦￦￦￦‫ڵ‬Ζ‫ڴڴڴ‬￦￦ ￦￦￦￦‫ڶڶ‬￦￦ ￦￦￦￦￦‫ڶڶ‬Ζ‫ڴڴڴ‬￦￦

￦￦￦￦‫ڽ‬Ζ‫ڴڴڹ‬￦￦ ￦ ￖ￦‫ڷڼڵ‬Ζ‫ڴڴڽ‬￦￦

SUMMARY OF ANSWERS:
‫ڵ‬Κ A ‫ڶ‬Κ A ‫ڷ‬Κ￦ A ‫ڸ‬Κ￦ B ‫ڹ‬Κ￦ B


PROBLEM 12-26
￦

ￚ¬­·￦ ￚΟￇ§§³¹²¸￦ ³ª￦￘¥»￦ￓ¥¸©¶­¥°·￦ »­°°￦¦©￦ ¸¬©￦ same under the three different
cases:
Raw Materials￦
￈©«­²²­²«￦¦¥°¥²§©￦ ‫ڴڴں‬Ζ‫ڴڴڴ‬￦ ‫ڵ‬Ζ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦ ￈¥°¥²§©￦©²¨￦
ￔ©¸￦ￖ¹¶§¬¥·©·￦￦ ‫ڶ‬Ζ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦ ‫ڵ‬Ζ‫ڴڴں‬Ζ‫ڴڴڴ‬￦ ￊ­¶©§¸￦±¥¸©¶­¥°·￦¹·©¨￦
ￚ³¸¥°￦ ‫ڶ‬Ζ‫ڴڴڼ‬Ζ‫ڴڴڴ‬￦ ‫ڶ‬Ζ‫ڴڴڼ‬Ζ‫ڴڴڴ‬￦
￦
CASE NO. 1
Question No. 1
￦

GP Rate: 2015 2016 2017 2018

ￍ¶³··￦ￖ¶³ª­¸￦ ‫ڶ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦ ‫ڷ‬Ζ‫ڴڴڹ‬Ζ‫ڴڴڴ‬￦ ‫ڸ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦ ￦
ￊ­º­¨©￦¦½Ό￦￙¥°©·￦ ‫ڵ‬Ζ‫ڴڴڻ‬Ζ‫ڴڴڴ‬￦ ‫ڶ‬Ζ‫ڴڴڼ‬Ζ‫ڴڴڴ‬ ‫ڷ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
Gross Profit Rate 0.15 0.20 0.25 0.30
￦

ￚ¬©￦ ¸¶©²¨￦ ³ª￦ «¶³··￦ ´¶³ª­¸￦ ª³¶￦ ¸¬©￦ ´¥·¸￦ ¸¬¶©©￦ ½©¥¶·￦ ­²§¶©¥·©·￦ ¦½￦ ‫ܫڹ‬￦ ©¥§¬￦ ½©¥¶Ή￦
¸¬¹·Ζ￦­ª￦¸¬©￦¸¶©²¨￦§³²¸­²¹©·Ζ￦¸¬©￦«¶³··￦´¶³ª­¸￦ª³¶￦‫ڼڵڴڶ‬￦»­°°￦¦©￦30%. ￚ¬©￦§³·¸￦¶¥¸­³￦
¸¬©²￦ »³¹°¨￦ ¦©￦ ‫ܫڴڻ‬￦ Ϯ‫ܫڴڴڵ‬￦ Ο￦ ‫ܫڴڷ‬ϯΚ￦ ￚ¬©¶©ª³¶©Ζ￦ ¸¬©￦ §³·¸￦ ³ª￦ «³³¨·￦ ·³°¨￦ ­·￦
§³±´¹¸©¨￦¥·￦ª³°°³»·Ό￦
￙¥°©·￦￦ ‫ں‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦ ￦
ￓ¹°¸­´°½￦¦½Ό￦￉³·¸￦￘¥¸­³￦ ‫ڴ‬Κ‫ڴڻ‬￦ ￦
￉³·¸￦³ª￦«³³¨·￦·³°¨￦ 4,200,000 (B)
￦
Question No. 2
Finished Goods
￈©«­²²­²«￦¦¥°¥²§© ‫ڶ‬Ζ‫ڴڴڼ‬Ζ‫ڴڴڴ‬ ‫ڶ‬Ζ‫ڴڴڴ‬Ζ‫ ڴڴڴ‬￈¥°¥²§©￦©²¨
￉³·¸￦³ª￦«³³¨·￦ ‫ڸ‬Ζ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦ ￉³·¸￦³ª￦«³³¨·￦·³°¨￦
±¥²¹ª¥§¸¹¶©¨￦ ‫ڷ‬Ζ‫ڴڴڸ‬Ζ‫ڴڴڴ‬
ￚ³¸¥°￦ ‫ں‬Ζ‫ڴڴڶ‬Ζ‫ڴڴڴ‬ ‫ں‬Ζ‫ڴڴڶ‬Ζ‫ڴڴڴ‬
￦

￈©«­²²­²«￦¦¥°¥²§©￦
ￊ­¶©§¸￦±¥¸©¶­¥°·￦¹·©¨￦
ￊ­¶©§¸￦°¥¦³¶￦
ￌ¥§¸³¶½￦³º©¶¬©¥¨￦
Work in Process
‫ڶ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦ 2,600,000 ￈¥°¥²§©￦©²¨￦￦ (A)￦
‫ڵ‬Ζ‫ڴڴں‬Ζ‫ڴڴڴ‬￦ ￦ ￉³·¸￦³ª￦«³³¨·￦￦
‫ڵ‬Ζ‫ڴڴں‬Ζ‫ڴڴڴ‬￦ ‫ڷ‬Ζ‫ڴڴڸ‬Ζ‫ڴڴڴ‬￦ ±¥²¹ª¥§¸¹¶©¨￦
‫ڴڴڼ‬Ζ‫ڴڴڴ‬￦ ￦

94
Chapter 12: Inventories

ￚ³¸¥°￦ ‫ں‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦ ‫ں‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦ ￦

￦

￉³±´¹¸¥¸­³²￦³ª￦ª¥§¸³¶½￦³º©¶¬©¥¨Ό￦￦ ￦
ￊ­¶©§¸￦°¥¦³¶￦§³·¸￦ ‫ڵ‬Ζ‫ڴڴں‬Ζ‫ڴڴڴ‬￦
ￓ¹°¸­´°½￦¦½Ό￦ￖ¶©¨©¸©¶±­²©¨￦¶¥¸©￦￦ ‫ܫڴڹ‬￦
ￌ¥§¸³¶½￦³º©¶¬©¥¨￦￦ ￦￦‫ڴڴڼ‬Ζ‫ڴڴڴ‬￦￦
￦
CASE NO. 2:
Question No. 3
GP Rate: 2015 2016 2017 2018
ￍ¶³··￦ￖ¶³ª­¸￦ ￦￦￦‫ڴڸڷ‬Ζ‫ڴڴڴ‬￦ ￦￦￦‫ڴڷں‬Ζ‫ڴڴڴ‬￦ ‫ڵ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦ ￦
ￊ­º­¨©￦¦½Ό￦￙¥°©·￦ ‫ڶ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬ ‫ڷ‬Ζ‫ڴڴڹ‬Ζ‫ڴڴڴ‬￦ ‫ڸ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬ ￦
Gross Profit Rate 0.17 0.18 0.25 0.20
￦

ￚ¬©￦ￍￖ￦¶¥¸©￦­²￦‫ڼڵڴڶ‬￦­·￦§³±´¹¸©¨￦¥·￦ª³°°³»·Ό￦
‫ܫڹڶ ܩ ܫڼڵ ܩ ܫں‬
ￍ¶³··￦ￖ¶³ª­¸￦￘¥¸©￦ ‫ܥ‬￦
‫ڷ‬￦
￦ ‫ܥ‬￦ 20%
￦

ￚ¬©￦§³·¸￦¶¥¸­³￦¸¬©²￦»³¹°¨￦¦©￦‫ܫڴڼ‬￦Ϯ‫ܫڴڴڵ‬￦ Ο￦‫ܫڴڶ‬ϯΚ￦ￚ¬©¶©ª³¶©Ζ￦¸¬©￦§³·¸￦³ª￦«³³¨·￦
·³°¨￦­·￦§³±´¹¸©¨￦¥·￦ª³°°³»·Ό
￙¥°©·￦￦ ‫ں‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦ ￦
ￓ¹°¸­´°½￦¦½Ό￦￉³·¸￦￘¥¸­³￦￦ ‫ڴ‬Κ‫ڴڼ‬￦ ￦
￉³·¸￦³ª￦«³³¨·￦·³°¨￦￦ 4,800,000 (B)
￦

Question No. 4
Finished Goods
￈©«­²²­²«￦¦¥°¥²§©￦ ‫ڶ‬Ζ‫ڴڴڼ‬Ζ‫ڴڴڴ‬ ‫ڶ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦ ￈¥°¥²§©￦©²¨￦
￉³·¸￦³ª￦«³³¨·￦ ‫ڸ‬Ζ‫ڴڴڼ‬Ζ‫ڴڴڴ‬￦ ￉³·¸￦³ª￦«³³¨·￦·³°¨￦
±¥²¹ª¥§¸¹¶©¨￦ ‫ڸ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬
ￚ³¸¥°￦ ‫ں‬Ζ‫ڴڴڼ‬Ζ‫ڴڴڴ‬ ‫ں‬Ζ‫ڴڴڼ‬Ζ‫ڴڴڴ‬￦ ￦
￦
Work in Process ￦
￈©«­²²­²«￦¦¥°¥²§©￦ ‫ڶ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦ 2,000,000 ￈¥°¥²§©￦©²¨￦￦ (A)￦
ￊ­¶©§¸￦±¥¸©¶­¥°·￦¹·©¨￦ ‫ڵ‬Ζ‫ڴڴں‬Ζ‫ڴڴڴ‬￦ ￦ ￉³·¸￦³ª￦«³³¨·￦￦
ￊ­¶©§¸￦°¥¦³¶￦ ‫ڵ‬Ζ‫ڴڴں‬Ζ‫ڴڴڴ‬￦ ‫ڸ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦ ±¥²¹ª¥§¸¹¶©¨
ￌ¥§¸³¶½￦³º©¶¬©¥¨￦ ‫ڴڴڼ‬Ζ‫ڴڴڴ‬￦ ￦
ￚ³¸¥°￦ ‫ں‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦ ‫ں‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦ ￦
￦

CASE NO. 3:
Question No. 5
ￚ¬©￦«¶³··￦´¶³ª­¸￦ª³¶￦2018 ­·￦§³±´¹¸©¨￦¦¥·©¨￦³²￦¸¬©￦³º©¶¥°°￦«¶³··￦´¶³ª­¸￦ª³¶￦‫ڹڵڴڶ‬￦
¥²¨￦‫ڻڵڴڶ‬Ό￦

95
Chapter 12: Inventories

‫ڴڴڼ‬Ζ‫ڴڴڴ‬￦‫ܩ‬￦‫ڵ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
ￍ¶³··￦ￖ¶³ª­¸￦￘¥¸©￦ ‫ܥ‬￦
‫ڷ‬Ζ‫ڴڴڹ‬Ζ‫ڴڴڴ‬￦‫ܩ‬￦‫ڸ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
‫ڵ‬Ζ‫ڴڴڼ‬Ζ‫ڴڴڴ‬
￦ ‫ܥ‬￦
‫ڻ‬Ζ‫ڴڴڹ‬Ζ‫ڴڴڴ‬￦
ￍ¶³··￦ￖ¶³ª­¸￦￘¥¸©￦ ‫ܥ‬￦ 24%
￦

ￚ¬©￦§³·¸￦¶¥¸­³￦¸¬©²￦»³¹°¨￦¦©￦‫ܫںڻ‬￦Ϯ‫ܫڴڴڵ‬￦Ο￦‫ܫڸڶ‬ϯΚ￦ￚ¬©¶©ª³¶©Ζ￦¸¬©￦§³·¸￦³ª￦«³³¨·￦
·³°¨￦­·￦§³±´¹¸©¨￦¥·￦ª³°°³»·Ό￦
￙¥°©·￦￦ ‫ں‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦ ￦
ￓ¹°¸­´°½￦¦½Ό￦￉³·¸￦￘¥¸­³￦￦ ‫ڴ‬Κ‫ںڻ‬￦ ￦
￉³·¸￦³ª￦«³³¨·￦·³°¨￦￦ 4,560,000 (A)

Question No. 6
Finished Goods
￈©«­²²­²«￦¦¥°¥²§©￦ ‫ڶ‬Ζ‫ڴڴڼ‬Ζ‫ڴڴڴ‬ ‫ڶ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦ ￈¥°¥²§©￦©²¨￦
￉³·¸￦³ª￦«³³¨·￦ ‫ڸ‬Ζ‫ڴںڹ‬Ζ‫ڴڴڴ‬￦ ￉³·¸￦³ª￦«³³¨·￦·³°¨￦
±¥²¹ª¥§¸¹¶©¨￦ ‫ڷ‬Ζ‫ڴںڻ‬Ζ‫ڴڴڴ‬
ￚ³¸¥°￦ ‫ں‬Ζ‫ڴںڹ‬Ζ‫ڴڴڴ‬ ‫ں‬Ζ‫ڴںڹ‬Ζ‫ڴڴڴ‬￦ ￦
￦

Work in Process ￦
￈©«­²²­²«￦¦¥°¥²§©￦ ‫ڶ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦ 2,240,000 ￈¥°¥²§©￦©²¨￦￦ (A)￦
ￊ­¶©§¸￦±¥¸©¶­¥°·￦¹·©¨￦ ‫ڵ‬Ζ‫ڴڴں‬Ζ‫ڴڴڴ‬￦ ￦ ￉³·¸￦³ª￦«³³¨·￦￦
ￊ­¶©§¸￦°¥¦³¶￦ ‫ڵ‬Ζ‫ڴڴں‬Ζ‫ڴڴڴ‬￦ ‫ڷ‬Ζ‫ڴںڻ‬Ζ‫ڴڴڴ‬￦ ±¥²¹ª¥§¸¹¶©¨￦
ￌ¥§¸³¶½￦³º©¶¬©¥¨￦ ‫ڴڴڼ‬Ζ‫ڴڴڴ‬￦
ￚ³¸¥°￦ ‫ں‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦ ‫ں‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦ ￦

SUMMARY OF ANSWERS:
‫ڵ‬Κ￦ B ‫ڶ‬Κ￦ A ‫ڷ‬Κ￦ B ‫ڸ‬Κ￦ A ‫ڹ‬Κ￦ A ‫ں‬Κ￦ A


PROBLEM 12-27
￦

Question No. 1
Accounts payable
￈¥°¥²§©￦©²¨￦ ‫ڴڹڶ‬Ζ‫ڴڴڴ‬￦ ‫ڹڹڹ‬Ζ‫ڴڴڴ‬￦ ￈©«Κ￦￈¥°¥²§©￦
ￖ¹¶§¬¥·©￦¶©¸Κ￦¥²¨￦¥°°³»Κ￦ ‫ڴڻ‬Ζ‫ڴڴڴ‬￦ ‫ڷ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦ ￖ¹¶§¬¥·©·￦
ￖ¹¶§¬¥·©￦¨­·§³¹²¸·￦ ‫ڴڼ‬Ζ‫ڴڴڴ‬￦ ‫ڴڴڵ‬Ζ‫ڴڴڴ‬￦ ￌ¶©­«¬¸Ο­²
ￖ¥½±©²¸·￦¸³￦·¹´´°­©¶￦ 3,255,000 ￦ ￦
(squeeze)￦
ￚ³¸¥°￦ ‫ڷ‬Ζ‫ڹڹں‬Ζ‫ڴڴڴ‬￦ ‫ڷ‬Ζ‫ڹڹں‬Ζ‫ڴڴڴ‬￦ ￦
￦

96
Chapter 12: Inventories

Question No. 2
Direct materials inventory
￈©«Κ￦￈¥°¥²§©￦ ‫ڴڴڶ‬Ζ‫ڴڴڴ‬ ‫ڴڶڷ‬Ζ‫ڴڴڴ‬￦ ￈¥°¥²§©￦©²¨￦
ￔ©¸ ´¹¶§¬¥·©· ‫ڶ‬Ζ‫ڴڹڽ‬Ζ‫ڴڴڴ‬ 2,830,000 ￊ­¶©§¸￦±¥¸©¶­¥°·￦¹·©¨￦
ￚ³¸¥°￦ ‫ڷ‬Ζ‫ڴڹڵ‬Ζ‫ڴڴڴ‬￦ ‫ڷ‬Ζ‫ڴڹڵ‬Ζ‫ڴڴڴ‬￦ ￦
￦

ￖ¹¶§¬¥·©·￦ ‫ڷ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
ￇ¨¨Ό￦ￌ¶©­«¬¸Ο­²￦ ‫ڴڴڵ‬Ζ‫ڴڴڴ‬￦
ￍ¶³··￦ￖ¹¶§¬¥·©·￦ ‫ڷ‬Ζ‫ڴڴڵ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦ￖ¹¶§¬¥·©￦¶©¸¹¶²·￦¥²¨￦¥°°³»￦ ‫ڴڻ‬Ζ‫ڴڴڴ‬￦
￦￦￦￦￦￦￦￦￦￦ￖ¹¶§¬¥·©￦¨­·§³¹²¸· ‫ڴڼ‬Ζ‫ڴڴڴ‬￦
ￔ©¸￦ￖ¹¶§¬¥·©· ‫ڶ‬Ζ‫ڴڹڽ‬Ζ‫ڴڴڴ‬￦
￦

Question No. 3
Work in process
￈©«Κ￦￈¥°¥²§©￦ ‫ڴڹڶ‬Ζ‫ڴڴڴ‬ ‫ڴڼڶ‬Ζ‫ڴڴڴ‬￦ ￈¥°¥²§©￦©²¨￦
ￊ­¶©§¸￦±¥¸©¶­¥°·￦¹·©¨ ‫ڶ‬Ζ‫ڴڹڽ‬Ζ‫ڴڴڴ‬ 4,375,000 ￉³·¸￦³ª￦«³³¨·￦￦
ￊ­¶©§¸￦°¥¦³¶￦ ‫ڴڴڽ‬Ζ‫ڴڴڴ‬ ￦ ±¥²¹ª¥§¸¹¶©¨￦
ￌ¥§¸³¶½￦³º©¶¬©¥¨￦ ‫ڹڻں‬Ζ‫ڴڴڴ‬ ￦ ￦
ￚ³¸¥°￦ ‫ڸ‬Ζ‫ڹڹں‬Ζ‫ڴڴڴ‬ ‫ڸ‬Ζ‫ڹڹں‬Ζ‫ڴڴڴ‬￦
￦

Question No. 4
￙¥°©·￦ ￖ‫ڹ‬Ζ‫ڴڴڵ‬Ζ‫ڴڴڴ‬￦ ‫ܫڴڶڵ‬￦
ￒ©··Ό￦￉³·¸￦³ª￦·¥°©· Ϯ‫ڹ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬ϑ‫ܫڴڶڵ‬ϯ ￦￦￦￦4,250,000 ‫ܫڴڴڵ‬￦
ￍ¶³··￦´¶³ª­¸￦ ‫ڴڹڼ‬Ζ‫ڴڴڴ‬￦ ‫ܫڴڶ‬￦
￦

Note:￦ ￊ³￦ ²³¸￦ ¨©¨¹§¸￦ ·¥°©·￦ ¨­·§³¹²¸￦ ª¶³±￦ ¸¬©￦ «¶³··￦ ·¥°©·￦ ·­²§©￦ ·¥°©·￦ ¨­·§³¹²¸￦
¨³©·￦²³¸￦§³²·¸­¸¹¸©￦¥§¸¹¥°￦¶©¸¹¶²￦³ª￦±©¶§¬¥²¨­·©Κ￦
￦

Question No. 5
Finished goods
￈©«Κ￦￈¥°¥²§©￦ ‫ڴڴڸ‬Ζ‫ڴڴڴ‬ ‫ڹڶڹ‬Ζ‫ڴڴڴ‬￦ ￈¥°¥²§©￦©²¨
￉³·¸￦³ª￦«³³¨·￦￦ ‫ڸ‬Ζ‫ڹڻڷ‬Ζ‫ڴڴڴ‬ ‫ڸ‬Ζ‫ڴڹڶ‬Ζ‫ڴڴڴ‬￦ ￉³·¸￦³ª￦«³³¨·￦·³°¨￦
±¥²¹ª¥§¸¹¶©¨￦ ￦ ￦
ￚ³¸¥°￦ ‫ڸ‬Ζ‫ڹڻڻ‬Ζ‫ڴڴڴ‬ ‫ڸ‬Ζ‫ڹڻڻ‬Ζ‫ڴڴڴ‬￦
￦

ￋ·¸­±¥¸©¨￦ª­²­·¬©¨￦«³³¨·￦ ‫ڹڶڹ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦￉³·¸￦³ª￦«³³¨·￦³¹¸￦³²￦§³²·­«²±©²¸￦ ‫ڴڶ‬Ζ‫ڴڴڴ‬￦
￦￦￦￦￦￦￦￦￦￦ ￙¥°º¥«©￦º¥°¹©￦ ‫ڴڵ‬Ζ‫ڴڴڴ‬￦
ￏ²º©²¸³¶½￦ª­¶©￦°³·· 495,000
￦
Question No. 6
￉³·¸￦³ª￦«³³¨·￦·³°¨￦Ϯ‫ܫڴڼ‬￦¼￦ￖ‫ڹ‬Ζ‫ڴڴڵ‬Ζ‫ڴڴڴ‬ϯ￦ = P4,080,000￦ ￦ ￦

97
Chapter 12: Inventories

Question No. 7
￙¥°©·￦Ϯ‫ڹ‬Ζ‫ڴڴڵ‬Ζ‫ڴڴڴ‬Ο‫ڴڴڵ‬Ζ‫ڴڴڴ‬ϯ ￖ‫ڹ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦ ‫ܫڴڴڵ‬
ￒ©··Ό￦￉³·¸￦³ª￦·¥°©·￦Ϯ‫ܫڴڼ‬￦¼￦ￖ‫ڹ‬Ζ‫ڴڴڵ‬Ζ‫ڴڴڴ‬ϯ￦ ‫ڸ‬Ζ‫ڴڼڴ‬Ζ‫ڴڴڴ‬￦ ‫ܫڴڼ‬￦
ￍ¶³··￦´¶³ª­¸￦ ‫ڵ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦ ‫ܫڴڶ‬￦

Finished goods
￈©«Κ￦￈¥°¥²§©￦ ‫ڴڴڸ‬Ζ‫ڴڴڴ‬ ‫ڹڽں‬Ζ‫ڴڴڴ‬￦ ￈¥°¥²§©￦©²¨￦
￉³·¸￦³ª￦«³³¨·￦￦ ‫ڸ‬Ζ‫ڹڻڷ‬Ζ‫ڴڴڴ‬ ‫ڸ‬Ζ‫ڴڼڴ‬Ζ‫ڴڴڴ‬￦ ￉³·¸￦³ª￦«³³¨·￦·³°¨￦
±¥²¹ª¥§¸¹¶©¨ ￦
ￚ³¸¥°￦ ‫ڸ‬Ζ‫ڹڻڻ‬Ζ‫ڴڴڴ‬￦ ‫ڸ‬Ζ‫ڹڻڻ‬Ζ‫ڴڴڴ‬￦ ￦
￦

ￋ·¸­±¥¸©¨￦ª­²­·¬©¨￦«³³¨·￦ ‫ڹڽں‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦￉³·¸￦³ª￦«³³¨·￦³¹¸￦³²￦§³²·­«²±©²¸￦ ‫ڴڶ‬Ζ‫ڴڴڴ‬￦
￦￦￦￦￦￦￦￦￦￦￦￙¥°º¥«©￦º¥°¹©￦ ‫ڴڵ‬Ζ‫ڴڴڴ‬￦
ￏ²º©²¸³¶½￦ª­¶©￦°³··￦ 665,000

SUMMARY OF ANSWERS:
‫ڵ‬Κ￦ A ‫ڶ‬Κ￦ A ‫ڷ‬Κ￦ A ‫ڸ‬Κ￦ B ‫ڹ‬Κ￦ B ‫ں‬Κ￦ A ‫ڻ‬Κ￦ A


PROBLEM 12-28
￦

Question No. 1
ￇ§§³¹²¸·￦´¥½¥¦°©Ζ￦ￓ¥¶§¬￦‫ڵڷ‬￦ ￦ ‫ڸ‬Ζ‫ڴڸڻ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦ￖ¥½±©²¸￦­²￦ￇ´¶­°￦ ￦ ‫ڴڴں‬Ζ‫ڴڴڴ‬￦
ￚ³¸¥°￦ ‫ڸ‬Ζ‫ڴڸڵ‬Ζ‫ڴڴڴ‬￦
ￇ§§³¹²¸·￦´¥½¥¦°©￦ª³¶￦ￇ´¶­°￦ￖ¹¶§¬¥·©·￦
ￚ³¸¥°￦´¹¶§¬¥·©·￦ ‫ڵ‬Ζ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦ￖ¥½±©²¸￦­²￦ￇ´¶­°￦ ‫ڴڴڸ‬Ζ‫ڴڴڴ‬￦ ￦
￦￦￦￦￦￦￦￦￦￦￦ￖ¹¶§¬¥·©￦¶©¸¹¶²·￦Ϯ‫ڴڷ‬Ζ‫ڴڴڴ‬Ο‫ڸڶ‬Ζ‫ڴڴڴ‬ϯ￦ ‫ں‬Ζ‫ڴڴڴ‬ ‫ڸڽڻ‬Ζ‫ڴڴڴ‬
ￚ³¸¥°￦ ￦ ￦ (A) ‫ڸ‬Ζ‫ڸڷڽ‬Ζ‫ڴڴڴ‬
￦
Question No. 2
ￖ¹¶§¬¥·©·Ζ￦¥·￦³ª￦ￓ¥¶§¬￦‫ڵڷ‬￦ ‫ڼ‬Ζ‫ڴڴڸ‬Ζ‫ڴڴڴ‬￦
ￇ¨¨Ό￦ￖ¹¶§¬¥·©·￦­²￦ￇ´¶­°￦ ‫ڵ‬Ζ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦
ￍ¶³··￦´¹¶§¬¥·©· ‫ڽ‬Ζ‫ڴڴں‬Ζ‫ڴڴڴ‬
ￒ©··Ό￦ￖ¹¶§¬¥·©￦¶©¸¹¶²·￦ ‫ڴڷ‬Ζ‫ڴڴڴ‬￦
ￔ©¸￦´¹¶§¬¥·©·￦ ￦ ￦ (B)￦ ‫ڽ‬Ζ‫ڴڻڹ‬Ζ‫ڴڴڴ‬￦
￦
Question No. 3
Accounts receivable
￈©«Κ￦￈¥°¥²§©￦ ‫ڹ‬Ζ‫ڴڴڸ‬Ζ‫ں ڴڴڴ‬Ζ‫ڴڴڴ‬Ζ‫ ڴڴڴ‬￈¥°Κ￦©²¨
￉³°°©§¸­³²·￦ ­²§°¹¨­²«￦
￙¥°©·￦³²￦¥§§³¹²¸￦ ‫ڷ‬Ζ‫ںڶڵ‬Ζ‫ڴڴڴ‬￦ ‫ڵ‬Ζ‫ںڻڼ‬Ζ‫ڴڴڴ‬￦ ¶©§³º©¶­©·￦
￘©§³º©¶­©·￦ ‫ڴ‬￦ ‫ڴڴڹ‬Ζ‫ڴڴڴ‬￦ ￝¶­¸©³ªª￦
98
‫‪Chapter 12: Inventories‬‬

‫‪Ο‬ڴڴڴ‪Ζ‬ڴڹڷ‪￙¥°©·￦ ¶©¸¹¶²·￦ Ϯ‬‬

‫‪￦‬‬ ‫‪￦‬‬ ‫‪ϯ￦‬ڴڴڴ‪Ζ‬ڴڴڶ ‪￦‬ڴڴڴ‪Ζ‬ڴڹڵ‬
‫‪￦‬‬ ‫ڴڴڴ‪Ζ‬ںڶڹ‪Ζ‬ڼ‬ ‫‪ ￦‬ڴڴڴ‪Ζ‬ںڶڹ‪Ζ‬ڼ‬
‫‪￦‬‬
‫·©‪ￔ©¸￦￙¥°‬‬ ‫‪￦‬‬
‫‪￦‬ڵڷ‪￙¥°©·￦¥·￦³ª￦ￓ¥¶§¬￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڼڴ‪Ζ‬ڼڵ‬
‫‪ￇ´¶­°￦￙¥°©·￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ںڶڵ‪Ζ‬ڷ‬ ‫‪￦‬‬
‫‪ￒ©··Ό ￙¥°©·￦¶©¸¹¶²￦‬‬ ‫ڴڴڴ‪Ζ‬ڴڹڷ‬ ‫‪￦‬ڴڴڴ‪Ζ‬ںڻڻ‪Ζ‬ڶ‬
‫·©‪ￔ©¸￦￙¥°‬‬ ‫)‪(D‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ںڹڼ‪Ζ‬ڴڶ‬
‫‪￦‬‬
‫ ‪Question No. 4‬‬
‫‪ￔ©¸￦￙¥°©·￦ ￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ںڹڼ‪Ζ‬ڴڶ ‪￦‬‬
‫‪ￓ¹°¸­´°½￦¦½Ό￦￉³·¸￦¶¥¸­³￦‬‬ ‫‪￦‬‬ ‫‪￦‬ܫڼڹ‬
‫‪￉³·¸￦³ª￦￙¥°©·￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪(A)￦‬‬ ‫‪￦‬ڴڼڸ‪Ζ‬ںڽڴ‪Ζ‬ڶڵ ‪￦‬‬
‫‪￦‬‬

‫‪￉³·¸￦³ª￦￙¥°©·￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڴڼ‪Ζ‬ںڵ ‪￦‬ڴڴڴ‪Ζ‬ڴڴڴ‪Ζ‬ڼڵ‬

‫‪ￍ¶³··￦ￖ¶³ª­¸￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڴڶ‪Ζ‬ڻ ‪￦‬ڴڴڴ‪Ζ‬ڴڴڴ‪Ζ‬ڼڵ‬
‫‪￦‬‬

‫‪￦‬ܫڶڸ‪￦‬ܥ‪ￓ￦‬ڸڶܩ‪ￓ‬ںڷ‪ￓϯϑ‬ڶ‪Κ‬ڻܩ‪ￓ‬ڼڵ‪￦Ϯ‬ܥ‪ￕº©¶¥°°￦«¶³··￦´¶³ª­¸￦‬‬
‫‪￦‬ܫڼڹ‪￦‬ܥ‪￦‬ܫڶڸ‪￦Ο￦‬ܫڴڴڵ‪￦‬ܥ‪￉³·¸￦¶¥¸­³￦‬‬
‫‪￦‬‬
‫ ‪Question No. 5‬‬
‫‪ￓ©¶§¬¥²¨­·©￦­²º©²¸³¶½￦‬‬
‫‪￈©«Κ￦￈¥°¥²§©￦‬‬ ‫‪￦ ￈¥°Κ￦©²¨￦‬ڴڶڹ‪Ζ‬ڷڻڸ‪Ζ‬ں ‪￦‬ڴڴڴ‪Ζ‬ڴڴڴ‪Ζ‬ڽ‬
‫‪ￔ©¸￦´¹¶§¬¥·©·￦‬‬ ‫‪￦￦ ￉³·¸￦³ª￦·¥°©·￦‬ڴڼڸ‪Ζ‬ںڽڴ‪Ζ‬ڶڵ ‪￦￦‬ڴڴڴ‪Ζ‬ڴڻڹ‪Ζ‬ڽ‬
‫‪￦￦‬‬ ‫‪￦‬‬ ‫‪￦ ￦￦‬‬
‫‪￦‬‬ ‫‪￦ ￦‬ڴڴڴ‪Ζ‬ڴڻڹ‪Ζ‬ڼڵ ‪￦‬ڴڴڴ‪Ζ‬ڴڻڹ‪Ζ‬ڼڵ‬
‫ ‬
‫‪ￋ·¸­±¥¸©¨￦­²º©²¸³¶½￦‬‬ ‫‪￦‬ڴڶڹ‪Ζ‬ڷڻڸ‪Ζ‬ں‬
‫¸­·‪ￒ©··Ό￦￙¬­´±©²¸￦­²￦¸¶¥²‬‬ ‫ڴڴڴ‪Ζ‬ڴڼ‬
‫‪ϯ￦‬ڴڴڴ‪Ζ‬ڴڴڸ‪￦￞￦‬ܫڼڹ‪￦￦￦￦￦￦￦￦￦￦￦ￛ²¨¥±¥«©¨￦«³³¨·￦¥¸￦§³·¸￦Ϯ‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڶڷڶ‬
‫‪￦￦￦￦￦￦￦￦￦￦￦￙¥°º¥«©￦º¥°¹©￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڹ‬
‫‪ￏ²º©²¸³¶½￦ª­¶©￦°³··￦‬‬ ‫‪￦‬‬ ‫‪(B)￦‬‬ ‫‪￦‬ڴڶڹ‪Ζ‬ڵڵڵ‪Ζ‬ں‬
‫ ‬
‫ ‪SUMMARY OF ANSWERS:‬‬
‫‪1. B 2. B‬‬ ‫‪3. D 4. A‬‬ ‫ ‪5. B‬‬
‫ ‬
‫ ‬
‫ ‪PROBLEM 12-29‬‬
‫ ‬

‫ ‪Questions No. 1 and 2‬‬

‫ ‬ ‫ ‪Purchases ending‬‬
‫ ‬ ‫ ‪11 mos‬‬ ‫ ‪12 mos‬‬
‫‪ￛ²¥¨®¹·¸©¨￦¦¥°¥²§©￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڴڶ‪Ζ‬ڷ ‪￦‬ڴڴڴ‪Ζ‬ڴڴڻ‪Ζ‬ڶ‬
‫‪￙¬­´±©²¸￦­²￦ￔ³ºΚ￦­²§°¹¨©¨￦­²￦ￊ©§©±¦©¶￦´¹¶§¬¥·©·￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڷ‬ ‫‪Ο￦‬‬
‫‪ￛ²·¥°¥¦°©￦·¬­´±©²¸·￦¶©§©­º©¨￦‬‬ ‫‪ϯ￦‬ڴڴڴ‪Ζ‬ڸ‪Ϯ‬‬ ‫‪ϯ￦‬ڴڴڴ‪Ζ‬ں‪Ϯ‬‬
‫‪ￊ©´³·­¸·￦­²￦ￕ§¸³¦©¶￦·¬­´´©¨￦ￌ©¦¶¹¥¶½￦‬‬ ‫‪ϯ￦‬ڴڴڴ‪Ζ‬ڼ‪Ϯ‬‬ ‫‪ϯ￦‬ڴڴڴ‪Ζ‬ڼ‪Ϯ‬‬

‫‪99‬‬
‫‪Chapter 12: Inventories‬‬

‫‪ￊ©´³·­¸·￦±¥¨©￦º©²¨³¶￦­²￦ￔ³º©±¦©¶￦‬‬ ‫‪ϯ￦‬ڴڴڴ‪Ζ‬ڶڶ‪Ϯ‬‬ ‫‪Ο￦‬‬

‫‪ￇ¨®¹·¸©¨￦¦¥°¥²§©￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ںڼڵ‪Ζ‬ڷ ‪￦‬ڴڴڴ‪Ζ‬ںڽں‪Ζ‬ڶ‬
‫ ‬ ‫ )‪1. (D‬‬ ‫ )‪2. (D‬‬
‫‪￦‬‬
‫ ‪Question No. 3‬‬
‫‪￦‬ڼڵڴڶ‪Ζ￦‬ڵ‪￈©«­²²­²«￦­²º©²¸³¶½￦ ￦￐¥²¹¥¶½￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڹڷ‬ ‫‪￦‬‬
‫‪ϯ￦‬ڵ‪￦±³²¸¬·￦Ϯ·©©￦ￔ³Κ￦‬ڵڵ‪ￇ¨¨Ό￦ￖ¹¶§¬¥·©·￦ª³¶￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ںڽں‪Ζ‬ڶ‬ ‫‪￦‬‬
‫‪Ο‬ڴڴڴ‪Ζ‬ڴڼڷ‪￦ Ϯ‬ڼڵڴڶ ‪Ζ￦‬ڴڷ ‪ￒ©··Ό￦ ￋ²¨­²«￦ ­²º©²¸³¶½￦ ￦ ￔ³ºΚ￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڼڹڷ‬ ‫ ‬
‫‪ϯ￦‬ڴڴڴ‪Ζ‬ڶڶ‬
‫‪￉³·¸￦³ª￦·¥°©·￦‬‬ ‫ ‪2,688,000‬‬ ‫ )‪(A‬‬
‫‪￦‬‬

‫‪ϯ￦= 80%￦‬ڴڴڴ‪Ζ‬ڴںڷ‪Ζ‬ڷ‪ϑ‬ڴڴڴ‪Ζ‬ڼڼں‪Ζ‬ڶ‪￉³·¸￦¶¥¸­³￦Ϯ‬‬
‫‪￦‬‬
‫ ‪Question No. 4‬‬
‫‪￦‬ڼڵڴڶ‪Ζ￦‬ڵڷ‪￙¥°©·￦©²¨­²«￦ￊ©§©±¦©¶￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڸڼ‪Ζ‬ڷ‬ ‫‪￦‬‬
‫‪ϯ￦‬ڴڴڴ‪Ζ‬ڴڸ‪ￓΟ‬ڸ‪Κ‬ڷ‪￦Ϯ‬ڼڵڴڶ‪Ζ￦‬ڴڷ‪ￒ©··Ό￦￙¥°©·￦©²¨­²«￦ￔ³ºΚ￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴںڷ‪Ζ‬ڷ‬ ‫ ‬
‫ڼڵڴڶ‪￙¥°©·￦ ￊ©§©±¦©¶￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڼڸ‬ ‫‪￦‬‬
‫‪ￒ©··Ό￦￙¥°©·￦¥¸￦§³·¸￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڸ‬ ‫‪￦‬‬
‫‪￦±¥¨©￦¥¸￦¥￦´¶³ª­¸￦‬ڼڵڴڶ‪￙¥°©·￦­²￦ￊ©§©±¦©¶￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڸڸ‬ ‫‪￦‬‬
‫‪ϯ￦‬ڴڴڴ‪Ζ‬ڴںڷ‪Ζ‬ڷ‪￦ϑ￦‬ڴڴڴ‪Ζ‬ڼڼں‪Ζ‬ڶ‪ￓ¹°¸­´°½Ό￦￉³·¸￦¶¥¸­³￦Ϯ‬‬ ‫‪￦‬ܫڴڼ‬ ‫‪￦‬‬
‫‪￉³·¸￦³ª￦·¥°©·￦±¥¨©￦¥¸￦´¶³ª­¸￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڶڹڷ‬ ‫‪￦‬‬
‫¸·‪ￇ¨¨Ό￦￉³·¸￦³ª￦·¥°©·￦±¥¨©￦¥¸￦§³‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڸ‬ ‫‪￦‬‬
‫‪ￚ³¸¥°￦￉³·¸￦³ª￦￙¥°©·￦￦Οￊ©§©±¦©¶￦‬‬ ‫ ‪392,000‬‬ ‫ )‪(A‬‬
‫‪￦‬‬
‫ ‪Question No. 5‬‬
‫‪￦‬ڼڵڴڶ‪Ζ￦‬ڴڷ‪￈©«­²²­²«￦­²º©²¸³¶½￦ ￦ￔ³ºΚ￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڼڹڷ‬ ‫‪￦‬‬
‫‪ϯ￦‬ڴڴڴ‪Ζ‬ںڽں‪Ζ‬ڶ‪￦ ￦‬ڴڴڴ‪Ζ‬ںڼڵ‪Ζ‬ڷ‪ￇ¨¨Ό￦ￖ¹¶§¬¥·©·￦ª³¶￦ￊ©§©±¦©¶￦Ϯ‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڽڸ‬ ‫‪￦‬‬
‫‪ￒ©··Ό￦￉³·¸￦³ª￦￙¥°©·￦ ￦ￊ©§©±¦©¶￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڶڽڷ‬ ‫ ‬
‫‪￦‬ڼڵڴڶ‪Ζ￦‬ڵڷ‪ￋ²¨­²«￦­²º©²¸³¶½￦ ￦ￊ©§©±¦©¶￦‬‬ ‫ ‪456,000‬‬ ‫ )‪(A‬‬
‫ ‬
‫ ‬

‫ ‪SUMMARY OF ANSWERS:‬‬
‫ ‪1. D‬‬ ‫ ‪2. D‬‬ ‫ ‪3. A‬‬ ‫ ‪4.‬‬ ‫ ‪A‬‬ ‫ ‪5.‬‬ ‫ ‪A‬‬
‫ ‬
‫ ‬
‫ ‪PROBLEM 12-30‬‬
‫‪￦‬‬

‫ ‪Cost‬‬ ‫‪Retail‬‬
‫‪￦‬ڵ‪ￏ²º©²¸³¶½Ζ￦￐¥²￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڴڷ‬ ‫‪￦￦‬ڴڴڴ‪Ζ‬ڴڴڶ‪Ζ‬ڵ‬
‫‪ￖ¹¶§¬¥·©·￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڴڴ‪Ζ‬ں‬ ‫‪￦￦‬ڴڴڴ‪Ζ‬ڴڴڹ‪Ζ‬ڼ‬
‫‪ￖ¹¶§¬¥·©￦¶©¸¹¶²·￦‬‬ ‫‪ϯ‬ڴڴڴ‪Ζ‬ڴڴڸ‪Ϯ‬‬ ‫‪ϯ￦‬ڴڴڴ‪Ζ‬ڴڴڼ‪Ϯ‬‬
‫‪ￖ¹¶§¬¥·©￦¨­·§³¹²¸·￦‬‬ ‫‪ϯ￦‬ڴڴڴ‪Ζ‬ڴڹڵ‪Ϯ‬‬ ‫‪Ο￦‬‬
‫‪ￖ¹¶§¬¥·©￦¥°°³»¥²§©￦‬‬ ‫‪ϯ￦‬ڴڴڴ‪Ζ‬ڴڹ‪￦Ϯ‬‬ ‫‪Ο￦‬‬
‫‪ￌ¶©­«¬¸Ο­²‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڶ‬ ‫‪Ο￦‬‬
‫‪ￊ©´¥¶¸±©²¸¥°￦ￚ¶¥²·ª©¶Οￏ²￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڴں‬ ‫‪￦￦‬ڴڴڴ‪Ζ‬ڴڴڵ‪Ζ‬ڵ‬
‫‪ￊ©´¥¶¸±©²¸¥°￦ￚ¶¥²·ª©¶Οￕ¹¸￦‬‬ ‫‪ϯ￦‬ڴڴڴ‪Ζ‬ڸڷڷ‪Ζ‬ڵ‪ϯ￦ Ϯ‬ڴڴڴ‪Ζ‬ڴںڹ‪￦Ϯ‬‬
‫‪ￚ³¸¥°·￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴںڻ‪Ζ‬ڹ‬ ‫‪￦￦‬ڴڴڴ‪Ζ‬ںںں‪Ζ‬ڼ‬

‫‪100‬‬
Chapter 12: Inventories

Basis of computation of cost ratios
ￚ³¸¥°·￦ ‫ڹ‬Ζ‫ڴںڻ‬Ζ‫ڴڴڴ‬￦ ‫ڼ‬Ζ‫ںںں‬Ζ‫ڴڴڴ‬￦￦
ￓ¥¶¯¹´·￦ ‫ڴڴں‬Ζ‫ڴڴڴ‬￦￦
ￓ¥¶¯¹´￦§¥²§©°°¥¸­³²· Ϯ‫ڴڹ‬Ζ‫ڴڴڴ‬ϯ￦
￈¥·­·￦³ª￦§³±´¹¸¥¸­³²￦Ϯ§³²·©¶º¥¸­º©ϯ ‫ڹ‬Ζ‫ڴںڻ‬Ζ‫ڴڴڴ‬ ‫ڽ‬Ζ‫ںڵڶ‬Ζ‫ڴڴڴ‬￦￦
ￓ¥¶¯¨³»²￦ Ϯ‫ںڵڷ‬Ζ‫ڴڴڴ‬ϯ￦
ￓ¥¶¯¨³»²￦§¥²§©°°¥¸­³²·￦ ￦ ‫ڴڴڵ‬Ζ‫ڴڴڴ‬￦￦
￈¥·­·￦³ª￦§³±´¹¸¥¸­³²￦Ϯ¥º©¶¥«©ϯ￦ ‫ڹ‬Ζ‫ڴںڻ‬Ζ‫ڴڴڴ‬￦ ‫ڽ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦￦
Cost ratios:
Conservative
‫ڹ‬Ζ‫ڴںڻ‬Ζ‫ڴڴڴ‬
￉³·¸￦¶¥¸­³￦ ‫ܥ‬￦
‫ڽ‬Ζ‫ںڵڶ‬Ζ‫ڴڴڴ‬
￉³·¸￦¶¥¸­³￦￦￦￦￦‫ܥ‬￦62,50%￦

Average
‫ڹ‬Ζ‫ڴںڻ‬Ζ‫ڴڴڴ‬￦
￉³·¸￦¶¥¸­³￦ ‫ܥ‬￦
‫ڽ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
￉³·¸￦¶¥¸­³￦￦￦￦￦‫ܥ‬￦64%￦

FIFO
‫ڹ‬Ζ‫ڴںڻ‬Ζ‫ڴڴڴ‬￦ ￦‫ڴڴڷ‬Ζ‫ڴڴڴ‬￦
￉³·¸￦¶¥¸­³￦ ‫ܥ‬￦
‫ڽ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦ ￦‫ڵ‬Ζ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦
￉³·¸￦¶¥¸­³￦￦￦￦￦‫ܥ‬￦70%￦

Estimated ending inventory @ retail for all methods
ￚￍￇ￙￦‫خ‬￦¶©¸¥­°￦¹²¨©¶￦¥º©¶¥«©￦±©¸¬³¨ ‫ڽ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦￦
￙¥°©·￦ ￦ Ϯ‫ڻ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬ϯ￦￦
￙¥°©￦¶©¸¹¶²·￦ ￦ ‫ڴڴڻ‬Ζ‫ڴڴڴ‬￦
ￔ³¶±¥°￦￙¬¶­²¯¥«© ￦Ϯ‫ڴڴڹ‬Ζ‫ڴڴڴ‬ϯ￦￦
ￋ·¸­±¥¸©¨￦©²¨­²«￦­²º©²¸³¶½￦‫خ‬￦¶©¸¥­°￦ ￦‫ڶ‬Ζ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦￦

Question Nos. 1 to 6
ￋ²¨­²«￦­²º©²¸³¶½￦¥¸￦§³·¸￦ ￉³·¸￦³ª￦«³³¨·￦·³°¨￦
Cost method Ϯￋￏ￦‫خ‬￦¶©¸¥­°￦¼￦§³·¸￦¶¥¸­³ϯ￦ Ϯￚￍￇ￙￦‫§خ‬³·¸￦ ￦ￋￏ￦‫§خ‬³·¸ϯ￦
Conservative (62.5%) ￖ￦‫ڵ‬Ζ‫ڹڻڷ‬Ζ‫ڴڴڴ‬￦ ‫ڸ‬Ζ‫ڹڼڷ‬Ζ‫ڴڴڴ‬￦
FIFO (70%) ￦￦￦￦‫ڵ‬Ζ‫ڴڸڹ‬Ζ‫ڴڴڴ‬ ‫ڸ‬Ζ‫ڴڶڶ‬Ζ‫ڴڴڴ‬
Average (64%) ￦￦￦￦‫ڵ‬Ζ‫ڼڴڸ‬Ζ‫ڴڴڴ‬ ‫ڸ‬Ζ‫ڶڹڷ‬Ζ‫ڴڴڴ‬

SUMMARY OF ANSWERS:
1. A 2. B 3. B 4. C 5. C 6. D
￦
￦
PROBLEM 12-31
￦

Question No. 1
101
Chapter 12: Inventories

￦ Subsidiary General
￦ Ledger Ledger
ￛ²¥¨®¹·¸©¨￦¦¥°Κ￦ ￦ￖ￦￦‫ڴںڻ‬Ζ‫ڴڴڴ‬￦￦ ￖ￦‫ڵ‬Ζ‫ڴڶڴ‬Ζ‫ڴڴڴ‬￦￦
ￛ²¨©°­º©¶©¨￦·¥°©·￦ ￦ Ϯ￦￦￦￦￦￦‫ڴڴڵ‬Ζ‫ڴڴڴ‬ϯ￦
ￜ¥°­¨￦￙¥°©·￦ ‫ڴں‬Ζ‫ڴڴڴ‬￦ ￦
￙¥°©·￦ￌￕ￈￦¨©·¸­²¥¸­³² ￦ Ϯ￦￦￦￦￦￦‫ڴڴڵ‬Ζ‫ڴڴڴ‬ϯ￦
ￔ￙ￌ￦§¬©§¯￦ ‫ڴڹ‬Ζ‫ڴڴڴ‬￦ ‫ڴڹ‬Ζ‫ڴڴڴ‬￦
￉³°°©§¸­³²￦¦½￦¸¬©￦¦¥²¯￦ Ϯ￦￦￦￦￦‫ڴں‬Ζ‫ڴڴڴ‬ϯ￦ Ϯ￦￦￦￦￦￦￦￦‫ڴں‬Ζ‫ڴڴڴ‬ϯ￦
￙¥°©·￦­²￦‫§©¶ ڼڵڴڶ‬³¶¨©¨￦­²￦‫ڽڵڴڶ‬￦ￊ￘￦ￔ³Κ￦‫ڴڸڻڼڷ‬￦ ‫ڷ‬Ζ‫ڴںڷ‬￦ ‫ڷ‬Ζ‫ڴںڷ‬￦
￘©§©­º¥¦°©￦­²·Κ￦￉³￦ￊ￘￦ￔ³Κ￦‫ڵڸڻڼڷ‬￦ Ϯ￦￦￦￦￦‫ڴڵ‬Ζ‫ڴڼڴ‬ϯ￦ Ϯ￦￦￦￦￦￦￦￦‫ڴڵ‬Ζ‫ڴڼڴ‬ϯ￦
￙¥°©·￦­²￦‫ڽڵڴڶ‬￦¶©§³¶¨©¨￦­²￦‫ڼڵڴڶ‬￦ￊ￘￦ￔ³Κ￦‫ڷڸڻڼڷ‬￦ Ϯ￦￦￦￦￦‫ڽڵ‬Ζ‫ڴڴڶ‬ϯ￦ Ϯ￦￦￦￦￦￦￦￦‫ڽڵ‬Ζ‫ڴڴڶ‬ϯ￦
ￇ¨®¹·¸©¨￦¦¥°¥²§©￦ (D)￦ P 784,080 P 784,080
￦

Question No. 2
￉¹¶¶©²¸Ό￦
ￛ²¥¨®¹·¸©¨￦¦©«­²²­²« ￈¥°¥²§© ￦￦￦￦‫ڻڽ‬Ζ‫ڴڴڹ‬
ￇ¨¨Ό￦ￜ¥°­¨￦￙¥°©·￦­²￦‫ڹڵڴڶ‬￦Ϯ‫ڴں‬Ζ‫ڴڴڴ‬￦‫ܩ‬￦‫ڷ‬Ζ‫ڴںڷ‬ϯ￦ ￦￦￦￦‫ڷں‬Ζ‫ڴںڷ‬￦
ￚ³¸¥°￦ ￦￦￦￦‫ڴںڵ‬Ζ‫ڴںڼ‬￦
ￒ©··Ό￦￘©§©­º¥¦°©￦­²·Κ￦￉³￦Ϯￊ￘￦‫ڃ‬￦‫ڵڸڻڼڷ‬ϯ￦ ￦￦￦￦‫ڴڵ‬Ζ‫ڴڼڴ‬￦
￦￦￦￦￦￦￦￦￦￦￙¥°©·￦­²￦‫ںڵڴڶ‬￦¶©§³¶¨©¨￦­²￦‫ڹڵڴڶ‬￦Ϯￊ￘￦‫ڃ‬￦‫ڷڸڻڼڷ‬ϯ￦ ￦￦￦￦‫ڽڵ‬Ζ‫ڴڴڶ‬
￉¹¶¶©²¸￦ￇ§§³¹²¸·￦￘©§©­º¥¦°©￦¦¥°¥²§©￦ 131,580
￦

ￖ¥·¸￦ￊ¹©Ό￦
ￇ¨®¹·¸©¨￦ￇ§§³¹²¸·￦￘©§©­º¥¦°©￦¦¥°¥²§©￦Ϯ·©©￦²³Κ￦‫ڵ‬ϯ￦ ￦￦￦￦‫ڸڼڻ‬Ζ‫ڴڼڴ‬￦
ￒ©··Ό￦￉¹¶¶©²¸￦ￇ§§³¹²¸·￦￘©§©­º¥¦°©￦¦¥°¥²§©￦ ‫ڵڷڵ‬Ζ‫ڴڼڹ‬￦
ￖ¥·¸￦¨¹©￦ￇ§§³¹²¸·￦￘©§©­º¥¦°©￦ *652,500
Є³¶￦Ϯ‫ڶںں‬Ζ‫ڴڹܩڴڴڹ‬Ζ‫ڴڴڴ‬Ο‫ڴں‬Ζ‫ڴڴڴ‬ϯ￦
￦

ￇ«©￦§°¥··­ª­§¥¸­³² ￇ±³¹²¸￦ ￖ©¶§©²¸¥«© ￚ³¸¥°￦

￦ ￦ ￦ ￦
￉¹¶¶©²¸￦ ‫ڵڷڵ‬Ζ‫ڴڼڹ‬￦ ‫ں‬￦ ‫ڻ‬Ζ‫ڸڽڼ‬Κ‫ڴڼ‬￦
ￖ¥·¸￦¨¹©￦ ‫ڶڹں‬Ζ‫ڴڴڹ‬￦ ‫ڴڵ‬￦ ‫ڹں‬Ζ‫ڴڹڶ‬Κ‫ڴڴ‬
ￇ°°³»¥²§©￦ª³¶￦¨³¹¦¸ª¹°￦¥§§³¹²¸· ￦ ￦ (A) 73,144.80
￦

Question No. 3￦
ￇ°°³»¥²§©￦ª³¶￦¨³¹¦¸ª¹°￦¥§§³¹²¸·Ζ￦¦©«­²²­²«￦ ￦￦￦￦‫ڻ‬Ζ‫ڴڴڴ‬Κ‫ڴڴ‬￦￦
ￒ©··Ό￦ￇ§§³¹²¸·￦»¶­¸¸©²￦³ªª￦ Ο￦
ￒ©··Ό ￇ°°³»¥²§©￦ª³¶￦¨³¹¦¸ª¹°￦¥§§³¹²¸·Ζ￦©²¨­²« ‫ڷڻ‬Ζ‫ڸڸڵ‬Κ‫ڴڼ‬￦
ￊ³¹¦¸ª¹°￦¥§§³¹²¸·￦©¼´©²·© ￦ ￦ (A) 66,144.80
￦

Question No. 4
ￛ²¥¨®¹·¸©¨￦ￓ©¶§¬¥²¨­·©￦ￏ²º©²¸³¶½Ζ￦©²¨­²«￦ ￦￦￦￦‫ںڵڷ‬Ζ‫ڴڴڴ‬￦
ￇ¨¨Ό￦￉³·¸￦³ª￦±©¶§¬¥²¨­·©￦·³°¨￦³ª￦ￊ￘￦‫ڃ‬￦‫ڷڸڻڼڷ‬Ϯ‫ڽڵ‬Ζ‫ڴڴڶ‬ϑ‫ܫڴڶڵ‬ϯ￦ ‫ںڵ‬Ζ‫ڴڴڴ‬￦
ￊ³¹¦¸ª¹°￦¥§§³¹²¸·￦©¼´©²·©￦ ￦ ￦ (B)￦ 332,000
￦

102
Chapter 12: Inventories

Question No. 5
ￛ²¥¨®¹·¸©¨￦ￔ©¸￦￙¥°©·￦¦¥°¥²§©￦ ￖ￦‫ڷ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬
ￛ²¨©°­º©¶©¨￦·¥°©·￦ Ϯ￦￦￦￦￦￦‫ڴڴڵ‬Ζ‫ڴڴڴ‬ϯ￦
￙¥°©·￦ￌￕ￈￦¨©·¸­²¥¸­³²￦ Ϯ￦￦￦￦￦￦‫ڴڴڵ‬Ζ‫ڴڴڴ‬ϯ￦
￙¥°©·￦­²￦‫§©¶ ڹڵڴڶ‬³¶¨©¨￦­²￦‫ںڵڴڶ‬￦ￊ￘￦ￔ³Κ￦‫ڴڸڻڼڷ‬￦ ‫ڷ‬Ζ‫ڴںڷ‬
￙¥°©·￦­²￦‫ںڵڴڶ‬￦¶©§³¶¨©¨￦­²￦‫ڹڵڴڶ‬￦ￊ￘￦ￔ³Κ￦‫ڷڸڻڼڷ‬￦ Ϯ￦￦￦￦￦￦￦￦‫ڽڵ‬Ζ‫ڴڴڶ‬ϯ￦
ￇ¨®¹·¸©¨￦¦¥°¥²§©￦ ￦ ￦ ￦ (B)￦ P 2,784,160
￦
SUMMARY OF ANSWERS:
1. D 2. A 3. A 4. B 5. B
￦

PROBLEM 12-32
Questions 1 to 4
Accounts
Receivable Mdse. Accounts
Cash (NRV) Inventory payable
ￛ²¥¨®¹·¸©¨￦ ‫ڴڴڵ‬Ζ‫ڴڴڴ‬￦ ‫ڻڷڶ‬Ζ‫ڴڴڹ‬￦ ‫ڴڴڷ‬Ζ‫ڴڴڴ‬￦ ‫ڴڶڵ‬Ζ‫ڴڴڴ‬￦
ￌΚ Ϯ‫ڴڵ‬Ζ‫ڴڴڴ‬ϯ Ϯ‫ڴڵ‬Ζ‫ڴڴڴ‬ϯ
￦ Ϯ‫ڶ‬Ζ‫ڴڴڴ‬ϯ￦ ‫ڶ‬Ζ‫ڴڴڴ‬￦ ￦ ￦
ￍΚ￦ ЄϮ‫ڸ‬Ζ‫ڴڶڴ‬ϯ￦
ￏΚ ‫ڴڷ‬Ζ‫ڴڴڴ‬ ‫ڴڷ‬Ζ‫ڴڴڴ‬
￐Κ￦ ￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦Κ￦ ￦￦￦Ϯ‫ںڵ‬Ζ‫ڴڴڴ‬ϯ￦ ￦￦‫ڴڵ‬Ζ‫ڴڴڴ‬￦ ￦￦￦￦￦￦￦￦￦￦￦￦￦￦Ζ￦
ￇ¨®¹·¸©¨￦￈¥°¥²§©￦ ￦￦￦‫ڼڼ‬Ζ‫ڴڴڴ‬￦ ￦￦￦￦‫ڽڵڶ‬Ζ‫ڴڼڸ‬￦ ‫ڴڸڷ‬Ζ‫ڴڴڴ‬￦ ‫ڴڸڵ‬Ζ‫ڴڴڴ‬￦
￦
Question No. 5
￉¥·¬￦ ‫ڼڼ‬Ζ‫ڴڴڴ‬￦
ￇ§§³¹²¸·￦¶©§©­º¥¦°©￦ ‫ڽڵڶ‬Ζ‫ڴڼڸ‬￦
ￓ©¶§¬¥²¨­·©￦­²º©²¸³¶½ ‫ڴڸڷ‬Ζ‫ڴڴڴ‬
ￖ¶©´¥½±©²¸·￦ ‫ڶڵ‬Ζ‫ڴڴڴ‬￦
ￚ³¸¥°￦￉¹¶¶©²¸￦ￇ··©¸·￦ ‫ڽڹں‬Ζ‫ڴڼڸ‬￦
ￒ©··Ό￦￉¹¶¶©²¸￦°­¥¦­°­¸­©·
￦￦￦ￇ§§³¹²¸·￦´¥½¥¦°©￦ ‫ڴڸڵ‬Ζ‫ڴڴڴ‬￦
￦￦￦ￔ³¸©￦´¥½¥¦°©￦ ‫ڴڼڵ‬Ζ‫ڴڴڴ‬￦
￝³¶¯­²«￦§¥´­¸¥°￦ ￦ (B)￦ ‫ڽڷڷ‬Ζ‫ڴڼڸ‬￦
￦
SUMMARY OF ANSWERS:
1. A 2. A 3. C 4. C 5. B
￦

103
‫‪Chapter 12: Inventories‬‬

‫ ‪PROBLEM 12-33‬‬
‫‪ￇ§§³¹²¸·￦‬‬ ‫‪ￔ©¸￦‬‬ ‫‪ￔ©¸￦‬‬
‫‪￦‬‬ ‫‪ￏ²º©²¸³¶½￦‬‬ ‫‪´¥½¥¦°©￦ ￔ©¸￦￙¥°©·￦ ￖ¹¶§¬¥·©·￦ ­²§³±©￦‬‬
‫‪ￛ²¥¨®Κ￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڹڶں‬ ‫‪￦‬ڴڴڴ‪Ζ‬ںڼڴ‪Ζ‬ڵ ‪￦‬ڴڴڹ‪Ζ‬ڻڴں‪Ζ‬ڵ ‪￦‬ڴڴڴ‪Ζ‬ڴڴڹ‪Ζ‬ڸ ‪￦‬ڴڴڴ‪Ζ‬ڴڴڹ‬
‫‪ϯ￦‬ڴڴڹ‪Ζ‬ڻڻ‪¥Κ￦ Ϯ‬‬ ‫‪ϯ￦‬ڴڴڹ‪Ζ‬ڻڻ‪Ϯ‬‬ ‫‪Ο￦‬‬ ‫‪ϯ￦‬ڴڴڹ‪Ζ‬ڻڻ‪Ϯ‬‬ ‫‪Ο￦‬‬
‫‪ϯ￦‬ڴڴڴ‪Ζ‬ڵڵ‪¦Κ￦ Ϯ‬‬ ‫‪Ο￦‬‬ ‫‪Ο￦‬‬ ‫‪ϯ￦‬ڴڴڴ‪Ζ‬ڵڵ‪￦ Ϯ‬‬
‫‪§Κ￦‬‬ ‫‪Ο￦‬‬ ‫‪Ο￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڶ‬ ‫‪Ο￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڶ‬
‫‪¨Κ￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڹڴڵ‬ ‫‪Ο￦‬‬ ‫‪Ο￦‬‬ ‫‪Ο￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڹڴڵ‬
‫‪©Κ￦‬‬ ‫‪￦‬ڴڴڹ‪Ζ‬ڶڵ‬ ‫‪￦‬ڴڴڹ‪Ζ‬ڶڵ‬ ‫‪Ο￦‬‬ ‫‪￦‬ڴڴڹ‪Ζ‬ڶڵ‬ ‫‪Ο￦‬‬
‫‪ªΚ￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڵ‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڵ‬ ‫‪Ο￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڵ‬ ‫‪Ο￦‬‬
‫‪«Κ￦‬‬ ‫‪ϯ￦‬ڴڹں‪Ζ‬ڶ‪Ϯ‬‬ ‫‪ϯ￦‬ڴڹں‪Ζ‬ڶ‪Ϯ‬‬ ‫‪Ο￦‬‬ ‫‪ϯ￦‬ڴڹں‪Ζ‬ڶ‪Ϯ‬‬ ‫‪Ο￦‬‬
‫‪ￇ¨®Κ￦‬‬ ‫‪￦‬ڴڹڷ‪Ζ‬ڶڹں‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڴڶ‪Ζ‬ڵ ‪￦‬ڴڹڼ‪Ζ‬ڴڸڹ‪Ζ‬ڵ ‪￦‬ڴڴڴ‪Ζ‬ڴڶڹ‪Ζ‬ڸ ‪￦‬ڴڹڷ‪Ζ‬ڷڷڸ‬
‫‪￦‬‬
‫ ‪SUMMARY OF ANSWERS:‬‬
‫‪1. D 2. B‬‬ ‫‪3. B 4. B‬‬ ‫‪5. C‬‬
‫‪￦‬‬
‫‪￦‬‬
‫ ‪PROBLEM 12-34‬‬
‫ ‪Questions 1 to 4‬‬
‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫·¸‪￦￦ￇ§§³¹²‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪ￇ§§³¹²¸·￦‬‬
‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦￦￦￦￉¥·¬￦ ￦‬‬ ‫‪￘©§©­º¥¦°©·￦‬‬ ‫‪ￏ²º©²¸³¶½￦‬‬ ‫‪￦ￖ¥½¥¦°©￦‬‬
‫‪ￛ²¥¨®Κ￦ ￦‬‬ ‫‪￦‬ڴڴڶ‪Ζ‬ڷںڽ‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڸڹڶ‪Ζ‬ڶ‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڹڴ‪Ζ‬ں‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڵڴڶ‪Ζ‬ڸ‬
‫‪ￇ¨¨￦Ϯ¨©¨¹§¸ϯΌ￦‬‬
‫‪￦‬ڵ‪ￇ￐ￋ￦ￔ³Κ￦‬‬ ‫‪ϯ￦‬ڴڴں‪Ζ‬ڸڹں‪Ϯ‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڵڷ‪￦￦￦￦￦￦‬‬ ‫‪￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦Ο￦‬‬ ‫‪￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦Ο￦￦￦‬‬
‫‪￦‬ڶ‪ￇ￐ￋ￦ￔ³Κ￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴںڷ‪￦￦‬‬ ‫‪￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦Ο￦‬‬ ‫‪￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦Ο￦‬‬ ‫‪￦‬ڴڴڸ‪Ζ‬ڶڻڷ‪￦￦￦￦￦‬‬
‫‪Κ¥￦‬ڷ‪ￇ￐ￋ￦ￔ³Κ￦‬‬ ‫‪￦￦￦￦￦￦￦￦￦￦￦￦￦￦Ο￦￦‬‬ ‫‪￦‬‬ ‫‪￦￦￦￦￦￦Ο￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڹڻڶ‪￦￦￦￦￦￦‬‬ ‫‪￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦Ο￦‬‬
‫‪Κ¦￦‬ڷ‪ￇ￐ￋ￦ￔ³Κ￦‬‬ ‫‪￦‬‬ ‫‪￦￦Ο￦‬‬ ‫‪￦‬‬ ‫‪￦￦￦￦￦￦Ο￦‬‬ ‫‪￦‬ڴڴڹ‪Ζ‬ڻڵڶ‪￦￦￦￦￦￦‬‬ ‫‪￦‬ڴڴڹ‪Ζ‬ڻڵڶ‪￦￦￦￦￦‬‬
‫‪Κ§￦‬ڷ‪ￇ￐ￋ￦ￔ³Κ￦‬‬ ‫‪￦‬‬ ‫‪￦￦Ο￦‬‬ ‫‪￦‬‬ ‫‪￦￦￦￦￦￦Ο￦‬‬ ‫‪ϯ￦‬ڴڴڹ‪Ζ‬ڻڷں‪￦￦￦￦Ϯ‬‬ ‫‪￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦Ο￦‬‬
‫‪Κ¨￦‬ڷ‪ￇ￐ￋ￦ￔ³Κ￦‬‬ ‫‪￦‬‬ ‫‪￦￦￦￦￦￦￦￦￦￦￦￦￦￦Ο￦￦‬‬ ‫‪￦￦￦Ο￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڷڵ‪￦￦￦￦￦￦‬‬ ‫‪￦￦￦￦￦￦￦￦￦￦￦￦ ￦￦￦￦￦Ο￦‬‬
‫‪Κ©￦‬ڷ‪ￇ￐ￋ￦ￔ³Κ￦‬‬ ‫‪￦￦￦￦￦￦￦￦￦￦￦￦￦￦Ο￦￦‬‬ ‫‪￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦Ο￦‬‬ ‫‪￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦Ο￦‬‬ ‫‪ϯ￦‬ڴڴڴ‪Ζ‬ڹڻڵ‪￦￦￦Ϯ‬‬
‫‪ￇ¨®Κ￦‬‬ ‫‪￦‬‬ ‫‪￦‬ڴڴں‪Ζ‬ڼںں‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڸںڹ‪Ζ‬ڶ‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڹڷڴ‪Ζ‬ں‬ ‫‪￦‬ڴڴڽ‪Ζ‬ڹڵں‪Ζ‬ڸ‬
‫‪￦‬‬
‫‪ￇ¨®¹·¸­²«￦©²¸¶­©·Ό￦‬‬
‫‪ϯ￦‬ڹڽ‪ϑΚ‬ڴڴڹ‪Ζ‬ڸڽڶ ‪ϯ￦￦ ￇ§§³¹²¸·￦¶©§©­º¥¦°©￦Ϯ‬ڵ‬ ‫‪￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڵڷ‬
‫‪￦￦￦￦￦￦￦￦￦￦￦ ￙¥°©·￦ ￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬ڴڴڵ‪Ζ‬ڴںڷ‪￦￦￦‬‬
‫‪￦‬‬ ‫‪￦￦￦￦￦￦￦￉¥·¬￦￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬ڴڴں‪Ζ‬ڸڹں‬
‫‪￦‬‬ ‫‪ϯ￦‬ڹڴ‪¼Κ‬ڹڽ‪ϑΚ‬ڴڴڹ‪Ζ‬ڸڽڶ ‪￦￦￦￦￦￦￦￙¥°©·￦¨­·§³¹²¸￦Ϯ‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬ڴڴڹ‪Ζ‬ڹڵ‪￦￦￦￦￦‬‬
‫‪￦‬‬

‫‪ϯ￦ ￉¥·¬￦ ￦‬ڶ‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴںڷ‬

‫‪￦‬‬ ‫‪ￖ¹¶§¬¥·©￦¨­·§³¹²¸￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬ڴڴڸ‪Ζ‬ڶڵ‪￦￦￦￦￦‬‬
‫‪￦￦￦￦￦￦￦￦￦￦￦ￇ§§³¹²¸·￦´¥½¥¦°©￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬
‫‪￦‬‬

‫‪Κ¥ϯￏ²º©²¸³¶½￦‬ڷ‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڹڻڶ‬

‫‪￦￦￦￦￦￦￦￦￦￦￉³·¸￦³ª￦·¥°©·￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڹڻڶ‬
‫‪￦‬‬

‫‪Κ¦ϯￏ²º©²¸³¶½￦‬ڷ‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬ڴڴڹ‪Ζ‬ڻڵڶ‬

‫‪￦‬‬ ‫‪￦￦￦￦ￇ§§³¹²¸·￦´¥½¥¦°©￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬ڴڴڹ‪Ζ‬ڻڵڶ‬
‫‪￦‬‬

‫‪104‬‬
‫‪Chapter 12: Inventories‬‬

‫‪Κ§ϯ￉³·¸￦³ª￦·¥°©·￦‬ڷ‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬ڴڴڹ‪Ζ‬ڻڷں‬

‫‪￦‬‬ ‫‪￦￦￦￦ￏ²º©²¸³¶½￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬
‫‪￦‬‬

‫‪Κ¨ϯￏ²º©²¸³¶½￦‬ڷ‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڷڵ‬

‫‪￦‬‬ ‫‪￦￦￦￦￉³·¸￦³ª￦·¥°©·￦ ￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڷڵ‬
‫‪￦‬‬

‫‪Κ©ϯￇ§§³¹²¸·￦´¥½¥¦°©￦‬ڷ‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڹڻڵ‬

‫‪￦‬‬ ‫‪￦￦￦￦￦￉³·¸￦³ª￦·¥°©·￦ ￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڹڻڵ‬
‫‪￦‬‬

‫‪Κªϯￔ³￦¥¨®¹·¸­²«￦©²¸¶½￦‬ڷ‬
‫‪￦‬‬
‫ ‪Question No. 5‬‬
‫‪Κ¥￦‬ڷ‬ ‫‪ϯ￦‬ڴڴڴ‪Ζ‬ڹڻڶ ‪Ϯ￦￦￦‬‬
‫‪Κ§￦‬ڷ‬ ‫ڴڴڹ‪Ζ‬ڻڷں‬
‫‪Κ¨￦‬ڷ‬ ‫‪ϯ￦‬ڴڴڴ‪Ζ‬ڴڷڵ‪Ϯ‬‬
‫‪Κ©￦‬ڷ‬ ‫‪ϯ￦‬ڴڴڴ‪Ζ‬ڹڻڵ‪Ϯ￦￦￦￦￦￦‬‬
‫‪ￇ¨®¹·¸±©²¸￦‬‬ ‫)‪(A‬‬ ‫‪ 57,500‬‬
‫‪￦‬‬
‫ ‪SUMMARY OF ANSWERS:‬‬
‫‪1. C‬‬ ‫‪2. A‬‬ ‫‪3. A 4. A‬‬ ‫ ‪5. A‬‬
‫‪￦‬‬
‫‪￦‬‬
‫ ‪PROBLEM 12-35‬‬
‫‪￦‬‬ ‫‪￙¥°©·￦‬‬ ‫‪ￓￏ￦‬‬ ‫‪￉ￍ￙￦‬‬ ‫‪ￔￏ￦‬‬ ‫‪ￇ￘￦‬‬
‫‪ￛ²¥¨®¹·¸©¨￦‬‬
‫‪¦¥°¥²§©·￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڹڵ ‪￦‬ڴڴڴ‪Ζ‬ڴڴڶ ‪￦‬ڴڴڴ‪Ζ‬ڴڶڸ ‪￦‬ڴڴڴ‪Ζ‬ڴڼڶ ‪￦‬ڴڴڴ‪Ζ‬ڴڴڴ‪Ζ‬ڸ‬
‫‪￦‬ڶڻںڻ‬ ‫‪￦‬‬ ‫‪ϯ‬ڴڴڴ‪Ζ‬ڶ‪￦ Ϯ‬ڴڴڴ‪Ζ‬ڶ‬ ‫ڴڴڴ‪Ζ‬ڶ‬
‫‪￦‬ڷڻںڻ‬ ‫‪ϯ￦‬ڴڴڼ‪Ζ‬ڵ‪Ϯ‬‬ ‫‪￦‬‬ ‫‪ϯ￦‬ڴڴڼ‪Ζ‬ڵ‪ϯ￦ Ϯ‬ڴڴڼ‪Ζ‬ڵ‪Ϯ‬‬
‫‪￦‬‬ ‫‪￦‬‬ ‫‪ϯ￦‬ڴڴڶ‪Ζ‬ڵ‪￦ Ϯ‬ڴڴڶ‪Ζ‬ڵ‬ ‫‪￦‬ڴڴڶ‪Ζ‬ڵ‬
‫‪￦‬ڹڻںڻ‬ ‫‪￦‬ڴڴڶ‪Ζ‬ڽ‬ ‫‪￦‬‬ ‫ڴڴڶ‪Ζ‬ڽ‬ ‫ڴڴڶ‪Ζ‬ڽ‬
‫‪￦‬ںڻںڻ‬ ‫‪ϯ￦‬ڴڴڹ‪Ζ‬ں‪Ϯ‬‬ ‫‪￦‬‬ ‫‪ϯ￦‬ڴڴڹ‪Ζ‬ں‪ϯ￦ Ϯ‬ڴڴڹ‪Ζ‬ں‪Ϯ‬‬
‫‪￦‬ڼڻںڻ‬ ‫‪￦‬ڴڴڽ‪Ζ‬ڷ‬ ‫‪￦‬‬ ‫‪￦‬ڴڴڽ‪Ζ‬ڷ‬ ‫‪￦‬ڴڴڽ‪Ζ‬ڷ‬
‫‪￦‬ڽڻںڻ‬ ‫‪ϯ￦‬ڴڴں‪Ζ‬ڼ‪Ϯ‬‬ ‫‪￦‬‬ ‫‪ϯ‬ڴڴں‪Ζ‬ڼ‪ϯ Ϯ‬ڴڴں‪Ζ‬ڼ‪Ϯ‬‬
‫‪¥Κ￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڶڵ ‪ϯ￦‬ڴڴڴ‪Ζ‬ڶڵ‪￦ Ϯ‬ڴڴڴ‪Ζ‬ڶڵ ‪￦‬‬
‫‪¦Κ￦‬‬ ‫‪￦‬‬ ‫‪ϯ￦‬ڴڴڹ‪Ζ‬ڽ‪￦ Ϯ‬ڴڴڹ‪Ζ‬ڽ‬ ‫‪￦‬ڴڴڹ‪Ζ‬ڽ‬
‫‪§Κ￦‬‬ ‫‪￦‬ڴڹڻ‪Ζ‬ڵڵ ‪ϯ￦‬ڴڹڻ‪Ζ‬ڵڵ‪￦ Ϯ‬ڴڹڻ‪Ζ‬ڵڵ ‪￦‬‬
‫‪¨Κ‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪ϯ‬ڴڹڷ‪Ζ‬ڼ‪ Ϯ‬ڴڹڷ‪Ζ‬ڼ‬
‫‪©Κ￦‬‬ ‫‪￦‬ڴڹڶ‪Ζ‬ڸڵ‬ ‫‪￦‬‬ ‫‪￦‬ڴڹڶ‪Ζ‬ڸڵ ‪￦‬ڴڹڶ‪Ζ‬ڸڵ‬
‫‪￦‬‬ ‫‪￦‬ڴڹڸ‪Ζ‬ڴںڵ ‪￦‬ڴڹڹ‪Ζ‬ڼڷڶ ‪￦‬ڴڴڽ‪Ζ‬ڵڽڷ ‪￦‬ڴڹڸ‪Ζ‬ںڵڷ ‪￦‬ڴڹڸ‪Ζ‬ڴڵڴ‪Ζ‬ڸ‬
‫ ‬
‫ ‪SUMMARY OF ANSWERS:‬‬
‫ ‪1. B 2. B 3. A 4. C 5. A‬‬
‫‪￦‬‬
‫‪￦‬‬

‫‪105‬‬
‫‪Chapter 13‬‬ ‫‪Agriculture‬‬
‫ ‬

‫ ‪CHAPTER 13‬‬
‫ ‪AGRICULTURE‬‬
‫ ‬
‫ ‪PROBLEM 13-1‬‬
‫ ‪Question No. 1‬‬
‫‪￙¬©©´￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڴڸ‪￦￦￦￦￦‬‬
‫‪ￊ¥­¶½￦§¥¸¸°©￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڴڴ‪Ζ‬ڸ‬
‫‪ￚ¶©©·￦­²￦¥￦´°¥²¸¥¸­³²￦ª³¶©·¸￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڴڴ‪Ζ‬ڶڵ‬
‫‪ￖ°¥²¸·￦￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڴڸ‪Ζ‬ڵ‬
‫‪￉¥¶¶³¸·￦¨¹©￦¸³￦¦©￦¬¥¶º©·¸©¨￦²©¼¸￦»©©¯￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڴڶ‬
‫‪ￚ³±¥¸³￦º­²©·￦Ϯ»­¸¬￦¶­´©￦ª¶¹­¸￦¶©¥¨½￦ª³¶￦¬¥¶º©·¸ϯ￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڴڹ‬
‫‪ￚ³¸¥°￦￈­³°³«­§¥°￦ￇ··©¸·￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڴڹ‪Ζ‬ڼڵ‬
‫‪￦‬‬ ‫‪￦‬‬
‫ ‪Question No. 2‬‬
‫‪ￌ©°°©¨￦¸¶©©·￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڼں‪Ζ‬ڶ‬
‫‪ￎ¥¶º©·¸©¨￦§¥²©￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴںڵ‪Ζ‬ڵ‬
‫‪ￖ­«￦§¥¶§¥··￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڷڶ‬
‫‪ￎ¥¶º©·¸©¨￦§¥¦¦¥«©￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڸ‬
‫‪ￖ­§¯©¨￦«¶¥´©￦ª¶¹­¸￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڼڵ‬
‫‪￝³³°￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴںڵ‬
‫‪￉³¸¸³²￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴںڷ‪Ζ‬ڵ‬
‫‪ￖ­§¯©¨￦ª¶¹­¸￦‬‬ ‫‪￦‬ڴڴڸ‪Ζ‬ڽڸ‬
‫‪ￚ³¸¥°￦ￇ«¶­§¹°¸¹¶¥°￦ￖ¶³¨¹§©￦‬‬ ‫‪￦‬ڴڴڸ‪Ζ‬ڽڹڼ‪Ζ‬ڹ‬
‫‪￦‬‬
‫ ‪Question No. 3‬‬
‫‪￉­«¥¶©¸¸©￦Ϯￓ¥¶°¦³¶³ϯ￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڵڸ‪￦￦￦￦￦‬‬
‫‪￙¥¹·¥«©·￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڶ‬
‫‪￉¹¶©¨￦¬¥±·￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ںڷ‬
‫‪ￌ¶¹­¸￦´­§¯°©·￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڶڵ‬
‫‪￉¥¶´©¸￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴںڶ‬
‫‪ￚ©¥￦‬‬ ‫‪￦‬ڴڴڶ‪Ζ‬ڼڷ‬
‫‪ￚ¬¶©¥¨￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڼ‬
‫‪ￒ³»￦ª¥¸￦±­°¯￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڶڹ‬
‫‪￝­²©￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڴڴ‪Ζ‬ں‬
‫‪ￌ¶³¾©²￦°©§¬³²￦Ϯ￉©¦¹ϯ￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڶڵ‬
‫‪ￚ³¸¥°￦ￏ²º©²¸³¶½￦‬‬ ‫‪￦‬ڴڴڶ‪Ζ‬ڹڷڶ‪Ζ‬ڻ‬
‫‪￦‬‬
‫ ‪Question No. 4‬‬
‫‪￉³§³²¹¸￦¸¶©©·￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڴڼ‪Ζ‬ڸ‬
‫‪ￍ¶¥´©￦º­²©·￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڴڹ‪Ζ‬ڵ‬
‫‪ￓ¥²«³￦¸¶©©￦»­¸¬￦¶­´©￦±¥²«³￦²³¸￦½©¸￦¬¥¶º©·¸©¨￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڴڸ‪Ζ‬ڵ‬
‫‪ￍ¹¥¶¨￦¨³«·￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڴڷ‬

‫‪106‬‬
Chapter 13 Agriculture

ￇ²­±¥°·￦­²￦¾³³￦Ϯ©«Κ￦¸­«©¶·Ζ￦¾©¦¶¥Ζ￦´½¸¬³²Ζ￦©¸§Κϯ￦ ‫ڸڶ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
ￊ­²³·¥¹¶￦·¸¥¸¹©￦­²￦¾³³￦ ‫ڵ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
￙¸¶¥»¦©¶¶½￦´°¥²¸·￦ ‫ڵ‬Ζ‫ڴڴڹ‬Ζ‫ڴڴڴ‬￦
ￚ³¸¥°￦ￖ¶³´©¶¸½Ζ￦ￖ°¥²¸Ζ￦¥²¨￦ￋµ¹­´±©²¸￦ ‫ڸڷ‬Ζ‫ڴڴڹ‬Ζ‫ڴڴڴ‬￦
￦

ￔ³¸©Ό￦￈©¥¶©¶￦´°¥²¸·￦¸¬¥¸￦§¥²￦¦©¥¶￦ª¶¹­¸·￦ª³¶￦±³¶©￦¸¬¥²￦‫ڵ‬￦½©¥¶￦¥¶©￦§°¥··­ª­©¨￦¥·￦
ￖￖￋ￦»¬­°©￦¦©¥¶©¶￦¥²­±¥°·￦¥¶©￦§°¥··­ª­©¨￦¥·￦¦­³°³«­§¥°￦¥··©¸·Κ￦￦
￦
￦
PROBLEM 13-2
‫ڵ‬Κ ￟©·Ζ￦¥«¶­§¹°¸¹¶¥°￦´¶³¨¹§©￦¥¸￦¸¬©￦´³­²¸￦³ª￦¬¥¶º©·¸￦¥¶©￦­²§°¹¨©¨￦»­¸¬­²￦¸¬©￦
·§³´©￦³ª￦ￖￇ￙￦‫ڵڸ‬Κ￦
‫ڶ‬Κ ‫ڴڴڸ‬Ζ‫ڴڴڴ‬￦¦¹§¯·Ζ￦­¸·￦ª¥­¶￦º¥°¹©￦°©··￦§³·¸￦¸³￦·©°°￦¥¸￦¸¬©￦¶©´³¶¸­²«￦¨¥¸©Κ￦
‫ڷ‬Κ ‫ڴڷ‬Ζ‫ڴڴڴ‬￦¦¹§¯·Ζ￦§³±´¹¸©¨￦¥·￦ª³°°³»·Ό￦
ￌ¥­¶￦º¥°¹©￦°©··￦§³·¸￦¸³￦·©°°￦ ￦ￊ©§Κ￦‫ڵڷ‬Ζ￦‫ڼڵڴڶ‬￦ ‫ڴڴڸ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦ￌￜￒ￉ￚ￙￦¥¸￦¦©«­²²­²«￦³ª￦½©¥¶￦ ‫ڴڹڷ‬Ζ‫ڴڴڴ‬￦
￦￦￦￦￦￦￦￦ￌￜ￦³ª￦´¹¶§¬¥·©¨￦¬©¶¨￦³²￦ￇ´¶­°￦‫ڵ‬￦ ￦￦‫ڴڶ‬Ζ‫ڴڴڴ‬￦
ￏ²§¶©¥·©￦­²￦ª¥­¶￦º¥°¹©￦ ￦￦‫ڴڷ‬Ζ‫ڴڴڴ‬￦
‫ڸ‬Κ ￚ¬©￦«¥­²￦³ª￦‫ڴڷ‬Ζ‫ڴڴڴ‬￦¦¹§¯·￦­·￦²³¸￦¶©µ¹­¶©¨￦¸³￦¦©￦¨­·¥««¶©«¥¸©¨￦¹²¨©¶￦ￖￇ￙￦
‫ڵڸ‬￦ ¨¹©￦ ¸³￦ ´¬½·­§¥°￦ §¬¥²«©￦ ³¶￦ §¬¥²«©￦ ­²￦ ª¥­¶￦ º¥°¹©Ζ￦ ¦¹¸￦ ­¸￦ ­·￦ ³²°½￦
©²§³¹¶¥«©¨Κ￦
￦
￦
PROBLEM 13-3
‫ڵ‬Κ ￟©·Ζ￦»³³°￦­·￦§°¥··­ª­©¨￦¥·￦¥«¶­§¹°¸¹¶¥°￦´¶³¨¹§©￦¹²¨©¶￦ￖￇ￙￦‫ڵڸ‬Κ￦
‫ڶ‬Κ ￏ¸￦ ­·￦ ±©¥·¹¶©¨￦ ¥¸￦ ­¸·￦ ª¥­¶￦ º¥°¹©￦ °©··￦ §³·¸·￦ ¸³￦ ·©°°￦ ¥¸￦ ¸¬©￦ ¸­±©￦ ³ª￦ ¬¥¶º©·¸￦
Ϯ·¬©¥¶­²«ϯΚ￦
‫ڷ‬Κ ￔ³Ζ￦¥ª¸©¶￦¸¬©￦´³­²¸￦³ª￦¬¥¶º©·¸￦Ϯ·¬©¥¶­²«ϯΖ￦¸¬©￦»³³°￦·¬³¹°¨￦¦©￦¨©¥°¸￦¹²¨©¶￦
ￖￇ￙￦‫ڶ‬￦ￏ²º©²¸³¶­©·Κ￦
‫ڸ‬Κ ‫ڹڵ‬Ζ‫ڴڴڴ‬￦¦¹§¯·Κ￦￙­²§©￦¸¬©￦»³³°￦­·￦·¹¦·©µ¹©²¸°½￦±©¥·¹¶©¨￦¹²¨©¶￦ￖￇ￙￦‫ڶ‬Ζ￦­¸￦
·¬³¹°¨￦¦©￦±©¥·¹¶©¨￦¥¸￦°³»©¶￦³ª￦§³·¸￦³¶￦²©¸￦¶©¥°­¾¥¦°©￦º¥°¹©Κ￦ￚ¬©￦º¥°¹©￦³ª￦
‫ںڵ‬Ζ‫ڴڴڹ‬Ζ￦ »¬­§¬￦ ­·￦ ¥··¹±©¨￦ ¸³￦ ¦©￦ ­²¨­§¥¸­³²￦ ³ª￦ ²©¸￦ ¶©¥°­¾¥¦°©￦ º¥°¹©Ζ￦ ­·￦
­«²³¶©¨￦·­²§©￦­¸￦­·￦¬­«¬©¶￦¸¬¥²￦­¸·￦§³·¸￦³ª￦‫ڹڵ‬Ζ‫ڴڴڴ‬￦¦¹§¯·Κ￦
‫ڹ‬Κ ‫ڸڵ‬Ζ‫ڴڴڹ‬￦ ¦¹§¯·Κ￦ ￏª￦ ²³￦ ª¥­¶￦ º¥°¹©￦ ³¶￦ ²©¸￦ ¶©¥°­¾¥¦°©￦ º¥°¹©￦ »¥·￦ ´¶³º­¨©¨￦ ³²￦
ￊ©§©±¦©¶￦‫ڵڷ‬Ζ￦‫ڼڵڴڶ‬Ζ￦¸¬©￦·©°°­²«￦´¶­§©￦³ª￦¸¬©￦»³³°￦³²￦ￌ©¦¶¹¥¶½￦‫ڼڶ‬Ζ￦‫ڽڵڴڶ‬￦
Ϯ»¬­§¬￦ ­·￦ ¦©ª³¶©￦ ¸¬©￦ ￌ￙￦ ¥¶©￦ ¥¹¸¬³¶­¾©¨￦ ª³¶￦ ­··¹©ϯ￦ ­·￦ §³²·­¨©¶©¨￦ ¥²￦
­²¨­§¥¸­³²￦³ª￦¸¬©￦²©¸￦¶©¥°­¾¥¦°©￦º¥°¹©￦³ª￦¸¬©￦»³³°￦¥·￦³ª￦¸¬©￦¶©´³¶¸­²«￦¨¥¸©￦
¹²¨©¶￦ ￖￇ￙￦ ‫ڴڵ‬Ζ￦ ¸¬©¶©ª³¶©￦ ­¸￦ ·¬³¹°¨￦ ¦©￦ §³²·­¨©¶©¨￦ ­²￦ ±©¥·¹¶­²«￦ ¸¬©￦ ²©¸￦
¶©¥°­¾¥¦°©￦º¥°¹©￦³ª￦¸¬©￦­²º©²¸³¶½￦³²￦ￊ©§©±¦©¶￦‫ڵڷ‬Ζ￦‫ڼڵڴڶ‬Κ￦ￚ¬©¶©ª³¶©Ζ￦¸¬©￦
»³³°￦ ­·￦ ±©¥·¹¶©¨￦ ¥¸￦ ‫ڸڵ‬Ζ‫ڴڴڹ‬￦ ¦¹§¯·Ζ￦ »¬­§¬￦ ­·￦ °©··©¶￦ ¸¬¥²￦ ­¸·￦ §³·¸￦ ³ª￦
‫ڹڵ‬Ζ‫ڴڴڴ‬Κ￦
￦

107
Chapter 13 Agriculture

PROBLEM 13-4
‫ڵ‬Κ ￚ¬©￦´¹¶§¬¥·©¨￦»³³°￦­·￦­²§°¹¨©¨￦»­¸¬­²￦¸¬©￦·§³´©￦³ª￦ￖￇ￙￦‫ڶ‬Ζ￦²³¸￦ￖￇ￙￦‫ڵڸ‬Ζ￦
¦©§¥¹·©￦¸¬©￦»³³°￦»¥·￦´¹¶§¬¥·©¨Ζ￦¶¥¸¬©¶￦¸¬¥²￦¬¥¶º©·¸©¨￦¦½￦¸¬©￦©²¸­¸½Κ￦
‫ڶ‬Κ ￚ¬©￦ ­²º©²¸³¶½￦ Ϯ»³³°ϯ￦ ·¬³¹°¨￦ ¦©￦ ±©¥·¹¶©¨￦ ¥¸￦ °³»©¶￦ ³ª￦ §³·¸￦ ³¶￦ ²©¸￦
¶©¥°­¾¥¦°©￦ º¥°¹©￦ ³ª￦ ‫ڽڶ‬Ζ‫ڴڴڴ‬￦ ¦¹§¯·Κ￦ ￖ°©¥·©￦ ¶©ª©¶￦ ¸³￦ ¨­·§¹··­³²·￦ ³²￦ ¸¬©￦
´¶©º­³¹·￦§¥·©￦¶©°¥¸­²«￦¸³￦¸¬©￦¨©¸©¶±­²¥¸­³²￦³ª￦²©¸￦¶©¥°­¾¥¦°©￦º¥°¹©Κ￦
￦
￦
PROBLEM 13-5
‫ڵ‬Κ ‫ڴڼڸ‬￦¦¹§¯·Κ￦ￇ¸￦¸¬©￦©²¨￦³ª￦¸¬©￦¶©´³¶¸­²«￦´©¶­³¨Ζ￦¸¬©￦©²¸­¸½￦¬¥·￦‫ڴڴڵ‬￦¸³²·￦³ª￦
»¬©¥¸￦¸³￦¦©￦·³°¨￦¹²¨©¶￦¸¬©￦§³²¸¶¥§¸￦¥¸￦‫ڴڼڸ‬￦¦¹§¯·￦´©¶￦¸³²Κ￦ￍ©²©¶¥°°½Ζ￦¸¬©￦
ª¥­¶￦ º¥°¹©￦ ³ª￦ ¸¬©￦ ¥«¶­§¹°¸¹¶¥°￦ ´¶³¨¹§©￦ »³¹°¨￦ ²³¸￦ ¦©￦ ¥¨®¹·¸©¨￦ ¸³￦ ¶©ª°©§¸￦
ª¹¸¹¶©￦§³²¸¶¥§¸￦´¶­§©·Ή￦ ·¹§¬￦ ´¶­§©·￦¥¶©￦ ²³¸￦ ¶©°©º¥²¸￦­²￦¨©¸©¶±­²­²«￦ª¥­¶￦
º¥°¹©Ζ￦ ¦©§¥¹·©￦ ª¥­¶￦ º¥°¹©￦ ·¬³¹°¨￦ ¶©ª°©§¸￦ ¸¬©￦ §¹¶¶©²¸￦ ±¥¶¯©¸￦ ­²￦ »¬­§¬￦ ¥￦
»­°°­²«￦¦¹½©¶￦¥²¨￦·©°°©¶￦»³¹°¨￦©²¸©¶￦­²¸³￦¥￦¸¶¥²·¥§¸­³²Κ￦ￎ³»©º©¶Ζ￦»¬©²￦
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¸¬©￦ §³²¸¶¥§¸￦ ´¶­§©Ζ￦ »¬­§¬￦ ­·￦ ‫ڴڼڸ‬￦ ¦¹§¯·￦ ¥²¨￦ ²³¸￦ ª¥­¶￦ º¥°¹©Κ￦ ￚ¬©￦ ©²¸­¸½￦
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¥§§³¶¨­²«￦¸³￦ￖￇ￙￦‫ڻڷ‬Κ￦
‫ڶ‬Κ ‫ڴڴڹ‬￦ ¦¹§¯·Κ￦ ￚ¬©￦ º¥°¹©￦ ¸¬¥¸￦ ±¹·¸￦ ¦©￦ ¹·©¨￦ ª³¶￦ ¸¬©￦ ´¶©´¥¶¥¸­³²￦ ³ª￦ ¸¬©￦
ª­²¥²§­¥°￦·¸¥¸©±©²¸·￦­·￦‫ڴڴڹ‬￦¦¹§¯·Κ￦ￚ¬©￦¥´´°­§¥¦°©￦·¸¥²¨¥¶¨￦¥ª¸©¶￦¬¥¶º©·¸￦
­·￦ￖￇ￙￦‫ڶ‬Κ￦ￖￇ￙￦‫ڶ‬￦¹·©·￦¸¬©￦°³»©¶￦³ª￦§³·¸￦¥²¨￦²©¸￦¶©¥°­¾¥¦°©￦º¥°¹©￦¸©·¸Ζ￦¥²¨￦
¥°°³»·￦ ¸¬©￦ §³²·­¨©¶¥¸­³²￦ ³ª￦ ª­¶±￦ ·¥°©·￦ §³²¸¶¥§¸·Κ￦ ￚ¬©￦ ·¥°©·￦ §³²¸¶¥§¸￦
´¶³¸©§¸©¨￦ ¸¬©￦ ©²¸­¸½￦ ª¶³±￦ ¸¬©￦ ¨©§°­²©￦ ­²￦ ±¥¶¯©¸￦ º¥°¹©￦ ³ª￦ ¸¬©￦ ‫ڴڹ‬￦
¬¥¶º©·¸©¨￦¸³²·Ζ￦¥²¨￦§³±±­¸±©²¸￦¸³￦·©°°￦¥￦ª¹¶¸¬©¶￦‫ڴڻ‬￦¸³²·￦­·￦²³¸￦³²©¶³¹·￦
¦©§¥¹·©￦ ¸¬©￦ §³²¸¶¥§¸￦ ´¶­§©￦ ©¼§©©¨·￦ ¸¬©￦ ±¥¶¯©¸￦ ´¶­§©Κ￦ ￇ§§³¶¨­²«°½Ζ￦ ²³￦
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￦
￦
PROBLEM 13-6
￦

Requirement No. 1
‫ڷ‬Ο½©¥¶￦³°¨￦¥²­±¥°￦Ϯ ‫ڵ‬Ζ‫ڴڹڴ‬￦ ￦ ‫ڵ‬Ζ‫ڴڴڴ‬ϯ￦¼￦‫ڴڵ‬￦ ￦￦￦￦‫ڴڴڹ‬￦
‫ڷ‬Ο½©¥¶￦³°¨￦¥²­±¥°￦Ϯ ‫ڵ‬Ζ‫ڴڵڵ‬￦ ￦ ‫ڵ‬Ζ‫ڴڼڴ‬ϯ￦¼￦‫ڵ‬￦ ‫ڴڷ‬￦
ￔ©»¦³¶²￦¥²­±¥°·￦Ϯ ‫ڴڶڻ‬￦Ο￦ ‫ڴڴڻ‬ϯ￦¼￦‫ڵ‬￦ ‫ڴڶ‬￦
ￚ³¸¥°￦«¥­²￦¨¹©￦¸³￦´¶­§©￦§¬¥²«©￦ ￦￦￦￦‫ڴڹڹ‬￦
￦

Requirement No. 2
‫ڷ‬Ο½©¥¶￦³°¨￦¥²­±¥°￦Ϯ ‫ڵ‬Ζ‫ڴڴڶ‬￦ ￦ ‫ڵ‬Ζ‫ڴڹڴ‬ϯ￦¼￦‫ڴڵ‬￦ ￦￦‫ڵ‬Ζ‫ڴڴڹ‬￦
‫ڷ‬Ο½©¥¶￦³°¨￦¥²­±¥°￦Ϯ ‫ڵ‬Ζ‫ڴڴڶ‬￦ ￦ ‫ڵ‬Ζ‫ڴڵڵ‬ϯ￦¼￦‫ڵ‬￦ ‫ڴڽ‬￦
ￔ©»¦³¶²￦¥²­±¥°·￦Ϯ ‫ڴڴڼ‬￦Ο￦ ‫ڴڶڻ‬ϯ￦¼￦‫ڵ‬￦ ‫ڴڼ‬￦
ￚ³¸¥°￦ ￦￦‫ڵ‬Ζ‫ڴڻں‬￦
ￍ¥­²￦³²￦­²­¸­¥°￦¶©§³«²­¸­³²Ο²©»¦³¶²￦Ϯ ‫ڴڴڻ‬￦¼￦‫ڵ‬ϯ￦ ‫ڴڴڻ‬￦
ￚ³¸¥°￦«¥­²￦¨¹©￦¸³￦´¬½·­§¥°￦§¬¥²«©￦ ￦￦‫ڶ‬Ζ‫ڴڻڷ‬￦
108
‫‪Chapter 13‬‬ ‫‪Agriculture‬‬

‫ ‪Requirement No. 3‬‬ ‫ ‬

‫‪￦‬ڴڴڶ‪Ζ‬ڵ ‪ϯ￦¼￦‬ڵܩڴڵ‪Ο½©¥¶￦³°¨￦¥²­±¥°·￦Ϯ‬ڷ‬ ‫‪￦‬ڴڴڶ‪Ζ‬ڷڵ‬
‫‪ϯ￦‬ڴڴڼ ‪￦¼￦‬ڵ‪Ο½©¥¶￦³°¨￦¥²­±¥°·￦Ϯ‬ڹ‪Κ‬‬ ‫‪￦‬ڴڴڼ‬
‫‪￦‬ڼڵڴڶ‪ϑ‬ڵڷ‪ϑ‬ڶڵ‪￉¥¶¶½­²«￦¥±³¹²¸￦³ª￦¦­³°³«­§¥°￦¥··©¸Ζ￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڸڵ‬
‫‪￦‬‬
‫‪￦‬‬
‫ ‪PROBLEM 13-7‬‬
‫ ‪Question No. 1‬‬
‫‪ϯ￦‬ڴڴڴ‪Ζ‬ڸ ‪￦¼￦‬ڴڴڵ‪Ζ‬ڶ‪￦Ϯ‬ڼڵڴڶ‪Ζ￦‬ڵ‪ￖ¹¶§¬¥·©¨￦¦©ª³¶©￦￐¥²¹¥¶½￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڴڸ‪Ζ‬ڼ‪￦￦‬‬
‫‪ϯ￦‬ڴڴڴ‪Ζ‬ڷ ‪￦¼￦‬ڴڴڷ‪￦Ϯ‬ڼڵڴڶ‪Ζ￦‬ڵ‪ￖ¹¶§¬¥·©¨￦³²￦￐¥²¹¥¶½￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڴڽ‬
‫‪￦ ￦‬ڵ‪ￌ¥­¶￦º¥°¹©￦ ￦￐¥²¹¥¶½￦‬‬ ‫‪(A)￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڴڷ‪Ζ‬ڽ‬
‫‪￦‬‬
‫ ‪Question No. 2‬‬
‫‪ϯ￦‬ڴڴڴ‪Ζ‬ڷ ‪￦¼￦‬ڴڹڻ‪￦Ϯ‬ڼڵڴڶ‪Ζ￦‬ڵ‪ￖ¹¶§¬¥·©¨￦³²￦￐¹°½￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڹڶ‪Ζ‬ڶ‬
‫‪￦‬ڵ‪ￌ¥­¶￦º¥°¹©￦ ￦￐¹°½￦‬‬ ‫‪￦‬‬ ‫‪(A)￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڹڶ‪Ζ‬ڶ‬
‫‪￦‬‬
‫ ‪Question No. 3‬‬
‫‪ϯ￦‬ڴڴڴ‪Ζ‬ڹ ‪￦¼￦‬ڴڴڵ‪Ζ‬ڶ‪￦Ϯ‬ڼڵڴڶ‪Ζ￦‬ڵ‪ￖ¹¶§¬¥·©¨￦¦©ª³¶©￦￐¥²¹¥¶½￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڴڹ‪Ζ‬ڴڵ‬
‫‪ϯ￦‬ڴڴڹ‪Ζ‬ڸ ‪￦¼￦‬ڴڴڷ‪￦Ϯ‬ڼڵڴڶ‪Ζ￦‬ڵ‪ￖ¹¶§¬¥·©¨￦³²￦￐¥²¹¥¶½￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڹڷ‪Ζ‬ڵ‬
‫‪ϯ￦‬ڴڴں‪Ζ‬ڷ ‪￦¼￦‬ڴڹڻ‪￦Ϯ‬ڼڵڴڶ‪Ζ￦‬ڵ‪ￖ¹¶§¬¥·©¨￦³²￦￐¹°½￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڴڻ‪Ζ‬ڶ‬
‫‪￦‬ڵڷ‪ￌ¥­¶￦º¥°¹©￦ ￦ￊ©§©±¦©¶￦‬‬ ‫‪(A)￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڹڹ‪Ζ‬ڸڵ‬
‫‪￦‬‬
‫ ‪Question No. 4‬‬
‫‪￦‬ڵڷ‪ￌ¥­¶￦º¥°¹©￦ ￦ￊ©§©±¦©¶￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڹڹ‪Ζ‬ڸڵ‬
‫‪￦‬ڵ‪ￒ©··Ό￦ￌ¥­¶￦º¥°¹©￦ ￦￐¥²¹¥¶½￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڴڷ‪Ζ‬ڽ‬
‫‪￦‬ڵ‪ￒ©··Ό￦ￌ¥­¶￦º¥°¹©￦ ￦￐¹°½￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڹڶ‪Ζ‬ڶ‬
‫‪ￏ²§¶©¥·©￦­²￦ª¥­¶￦º¥°¹©￦ ￦‬‬ ‫‪(A)￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڴڴ‪Ζ‬ڷ‪￦￦‬‬
‫‪￦‬‬
‫ ‪Question No. 5‬‬
‫‪ϯσ￦‬ڴڴڹ‪Ζ‬ڸ ‪￦Ο￦‬ڴڴڴ‪Ζ‬ڹ ‪￦¼￦Ϯ‬ڴڴڵ‪Ζ‬ڶ‪￦σ‬ڼڵڴڶ‪Ζ￦‬ڵ‪ￖ¹¶§¬¥·©¨￦¦©ª³¶©￦￐¥²Κ￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڹڴ‪Ζ‬ڵ‬
‫‪ϯσ￦‬ڴڴڶ‪Ζ‬ڷ ‪￦Ο￦‬ڴڴڹ‪Ζ‬ڸ ‪￦¼￦Ϯ‬ڴڴڷ‪￦σ‬ڼڵڴڶ‪Ζ￦‬ڵ‪ￖ¹¶§¬¥·©¨￦³²￦￐¥²¹¥¶½￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڽڷ‬
‫‪ϯσ￦‬ڴڴڶ‪Ζ‬ڷ ‪￦Ο￦‬ڴڴں‪Ζ‬ڷ ‪￦¼￦Ϯ‬ڴڹڻ‪￦σ‬ڼڵڴڶ‪Ζ￦‬ڵ‪ￖ¹¶§¬¥·©¨￦³²￦￐¹°½￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڴڷ‬
‫‪ￏ²§¶©¥·©￦­²￦ª¥­¶￦º¥°¹©￦Ο￦ￖￎ￟￙ￏ￉ￇￒ(C)￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڸڻ‪Ζ‬ڵ‪￦‬‬
‫‪￦‬‬
‫ ‪Question No. 6‬‬
‫‪ϯσ￦‬ڴڴڴ‪Ζ‬ڸ ‪￦Ο￦‬ڴڴڹ‪Ζ‬ڸ ‪￦¼￦Ϯ‬ڴڴڵ‪Ζ‬ڶ‪￦σ‬ڼڵڴڶ‪Ζ￦‬ڵ‪ￖ¹¶§¬¥·©¨￦¦©ª³¶©￦￐¥²Κ￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڹڴ‪Ζ‬ڵ‬
‫‪ϯσ￦‬ڴڴڴ‪Ζ‬ڷ ‪￦Ο￦‬ڴڴڶ‪Ζ‬ڷ ‪￦¼￦Ϯ‬ڴڴڷ‪￦σ‬ڼڵڴڶ‪Ζ￦‬ڵ‪ￖ¹¶§¬¥·©¨￦³²￦￐¥²¹¥¶½￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴں‬
‫‪ϯσ￦‬ڴڴڴ‪Ζ‬ڷ ‪￦Ο￦‬ڴڴڶ‪Ζ‬ڷ ‪￦¼￦Ϯ‬ڴڹڻ‪￦σ‬ڼڵڴڶ‪Ζ￦‬ڵ‪ￖ¹¶§¬¥·©¨￦³²￦￐¹°½￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڹڵ‬
‫‪ￏ²§¶©¥·©￦­²￦ª¥­¶￦º¥°¹©￦Ο￦ￖ￘ￏ￉ￋ￦ (A)￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴںڶ‪Ζ‬ڵ‪￦‬‬
‫‪￦‬‬
‫‪SUMMARY OF ANSWERS:‬‬
‫ ‪Κ￦ A‬ڵ‬ ‫ ‪Κ￦ A‬ڶ‬ ‫ ‪Κ￦ A‬ڷ‬ ‫‪Κ￦‬ڸ‬ ‫ ‪A‬‬ ‫‪Κ￦‬ڹ‬ ‫ ‪C‬‬ ‫‪Κ￦‬ں‬ ‫ ‪A‬‬
‫‪￦‬‬
‫‪109‬‬
Chapter 13 Agriculture

PROBLEM 13-8
￦
Requirement No. 1
‫ڵ‬Κ ￚ³￦¶©§³«²­¾©￦¸³￦·¥°©￦³ª￦¨¥­¶½￦§³»·￦­²￦‫ڼڵڴڶ‬Κ

￉¥·¬￦­²￦￈¥²¯￦ ‫ڵ‬Ζ‫ڶڻڴ‬Ζ‫ڴڴڴ‬￦ ￦
￦￦￦￈­³°³«­§¥°￦ￇ··©¸·￦Ϯￊ¥­¶½￦ￒ­º©·¸³§¯ϯ￦ ‫ڵ‬Ζ‫ڶڻڴ‬Ζ‫ڴڴڴ‬￦
‫ڶ‬Κ ￚ³￦¶©§³«²­¾©￦°­º©·¸³§¯￦´¹¶§¬¥·©¨￦­²￦‫ڼڵڴڶ‬Κ￦
￈­³°³«­§¥°￦ￇ··©¸·￦Ϯￊ¥­¶½￦ￒ­º©·¸³§¯ϯ￦ ￦ ‫ںڷڹ‬Ζ‫ڴڴڴ‬￦ ￦
￈­³°³«­§¥°￦ￇ··©¸·￦Ϯ￈©©ª￦ￒ­º©·¸³§¯ϯ￦ ‫ڵ‬Ζ‫ڸڸڷ‬Ζ‫ڴڴڴ‬￦ ￦
￦￦￦￉¥·¬￦­²￦￈¥²¯￦ ‫ڵ‬Ζ‫ڴڼڼ‬Ζ‫ڴڴڴ‬￦
‫ڷ‬Κ ￚ³￦¶©§³«²­¾©￦¸¬©￦·¥°©￦³ª￦¦©©ª￦§¥¸¸°©￦­²￦‫ڼڵڴڶ‬Κ￦
￉¥·¬￦­²￦￈¥²¯￦ ‫ڷ‬Ζ‫ڴڹڸ‬Ζ‫ڴڴڴ‬￦ ￦
￦￦￦￈­³°³«­§¥°￦ￇ··©¸·￦Ϯ￈©©ª￦ￒ­º©·¸³§¯ϯ￦ ‫ڷ‬Ζ‫ڴڹڸ‬Ζ‫ڴڴڴ‬￦
‫ڸ‬Κ ￚ³￦¶©§³«²­¾©￦¸¬©￦±­°¯￦¬¥¶º©·¸©¨￦­²￦‫ڼڵڴڶ‬￦¥¸￦¸¬©￦´³­²¸￦³ª￦¬¥¶º©·¸Κ￦
ￏ²º©²¸³¶­©·￦(a)￦ ‫ڵ‬Ζ‫ڻڷڻ‬Ζ‫ڷڻڻ‬￦ ￦
￦￦￦ￍ¥­²￦³²￦¶©§³«²­¸­³²￦³ª￦ￏ²º©²¸³¶­©·￦ ‫ڵ‬Ζ‫ڻڷڻ‬Ζ‫ڷڻڻ‬￦
‫ڹ‬Κ ￚ³￦¶©§³«²­¾©￦¸¬©￦±­°¯￦¬¥¶º©·¸©¨￦­²￦‫ڼڵڴڶ‬￦¥¸￦¸¬©￦´³­²¸￦³ª￦¬¥¶º©·¸Κ￦
￉¥·¬￦­²￦￈¥²¯￦ ‫ڵ‬Ζ‫ڹڷڻ‬Ζ‫ڷڻڶ‬￦ ￦
(b)
￉³·¸￦³ª￦ￓ­°¯￦￙³°¨￦ ￦ ‫ڵ‬Ζ‫ڹڷڻ‬Ζ‫ڷڻڶ‬￦ ￦
￦￦￦￘©º©²¹©￦ ‫ڵ‬Ζ‫ڹڷڻ‬Ζ‫ڷڻڶ‬￦
￦￦￦ￏ²º©²¸³¶­©·￦ ‫ڵ‬Ζ‫ڹڷڻ‬Ζ‫ڷڻڶ‬￦
‫ں‬Κ ￚ³￦¶©§³«²­¾©￦¸¬©￦±­°¯￦¬¥¶º©·¸©¨￦­²￦‫ڼڵڴڶ‬￦¥¸￦¸¬©￦´³­²¸￦³ª￦¬¥¶º©·¸Κ￦
ￜ©¸©¶­²¥¶½￦ￋ¼´©²·©￦ ￦￦￦ ‫ڶں‬Ζ‫ڴڴڴ‬￦ ￦
￝¥¸©¶￦¥²¨￦ￋ°©§¸¶­§­¸½￦ￋ¼´©²·©￦ ‫ڼڸ‬Ζ‫ڴڴڴ‬￦ ￦
￙¥°¥¶­©·￦ ‫ڸڼ‬Ζ‫ڴڴڴ‬￦ ￦
￉¥¸¸°©￦ￌ©©¨￦ ‫ںڻڶ‬Ζ‫ڴڴڴ‬￦ ￦
￝¥«©·￦ ‫ڼڻ‬Ζ‫ڴڴڴ‬￦ ￦
￦￦￦￉¥·¬￦­²￦￈¥²¯￦ ￦￦‫ڼڸڹ‬Ζ‫ڴڴڴ‬￦
‫ڻ‬Κ ￚ³￦¶©§³«²­¾©￦¸¬©￦°³··￦³²￦§¬¥²«©￦­²￦ª¥­¶￦º¥°¹©￦³ª￦¨¥­¶½￦°­º©·¸³§¯￦¥¸￦¸¬©￦©²¨￦
³ª￦¸¬©￦½©¥¶Κ￦
ￌ¥­¶￦ￜ¥°¹©￦ￒ³··￦Ϯ￈­³°³«­§¥°￦ￇ··©¸·ϯ (c)￦ ‫ڴڴڸ‬Ζ‫ڴڴں‬￦ ￦
￦￦￦￈­³°³«­§¥°￦ￇ··©¸·￦Ϯￊ¥­¶½￦ￒ­º©·¸³§¯ϯ￦ ‫ڴڴڸ‬Ζ‫ڴڴں‬￦
‫ڼ‬Κ ￚ³￦¶©§³«²­¾©￦¸¬©￦«¥­²￦³²￦¦©©ª￦°­º©·¸³§¯￦¥¸￦¸¬©￦©²¨￦³ª￦¸¬©￦½©¥¶Κ￦
￈­³°³«­§¥°￦ￇ··©¸·￦Ϯ￈©©ª￦ￒ­º©·¸³§¯ϯ (c)￦ ‫ڷڸڼ‬Ζ‫ڴڴڶ‬￦ ￦
￦￦￦ￌ¥­¶￦ￜ¥°¹©￦ￍ¥­²￦Ϯ￈­³°³«­§¥°￦ￇ··©¸·ϯ￦ ‫ڷڸڼ‬Ζ‫ڴڴڶ‬￦
￦
Dairy Beef
Livestock livestock
￈¥°¥²§©￦¥¸￦·¸¥¶¸￦³ª￦‫ڼڵڴڶ‬￦ ￦‫ڹ‬Ζ‫ڽڼڹ‬Ζ‫ڴڴڴ‬￦ ￦‫ڶ‬Ζ‫ڹڻڽ‬Ζ‫ڴڴڴ‬￦
ￏ²§¶©¥·©￦¶©·¹°¸­²«￦ª¶³±￦´¹¶§¬¥·©·￦ ‫ںڷڹ‬Ζ‫ڴڴڴ‬￦ ‫ڵ‬Ζ‫ڸڸڷ‬Ζ‫ڴڴڴ‬￦
ￊ©§¶©¥·©￦¶©·¹°¸­²«￦ª¶³±￦·¥°©￦ Ϯ‫ڵ‬Ζ‫ڶڻڴ‬Ζ‫ڴڴڴ‬ϯ￦ Ϯ‫ڷ‬Ζ‫ڴڹڸ‬Ζ‫ڴڴڴ‬ϯ￦
ￍ¥­²￦ Ϯ°³··ϯ￦ ª¶³±￦ §¬¥²«©·￦ ­²￦ ª¥­¶￦ º¥°¹©￦ °©··￦ Ϯ‫ڴڴڸ‬Ζ‫ڴڴں‬ϯ￦
§³·¸·￦¸³￦·©°° ￦
(c) ‫ڷڸڼ‬Ζ‫ڴڴڶ‬￦
￈¥°¥²§©￦¥¸￦¸¬©￦©²¨￦³ª￦‫ڼڵڴڶ‬￦ ￦‫ڸ‬Ζ‫ڶڹں‬Ζ‫ڴڴڸ‬￦ ￦‫ڵ‬Ζ‫ڶڵڻ‬Ζ‫ڴڴڶ‬￦
110
Chapter 13 Agriculture

(a)￦‫ڴںڷ‬Ζ‫ڴڴڴ‬￦°­¸¶©·￦³ª￦±­°¯￦‫ڃ‬￦ ‫ڴ‬Κ‫ڹڹ‬ϑ°­¸¶©￦‫ܩ‬￦‫ڹڻڼ‬Ζ‫ڴڹڵ‬￦°­¸¶©·￦³ª￦±­°¯￦‫ڃ‬￦ ‫ڴ‬Κ‫ں‬ϑ°­¸¶©￦‫ܩ‬￦

‫ڵ‬Ζ‫ڵںڹ‬Ζ‫ڴڹڴ‬￦ °­¸¶©·￦ ³ª￦ ±­°¯￦ ‫ڃ‬￦ ‫ڴ‬Κ‫ڹں‬ϑ°­¸¶©￦ ‫ܥ‬￦ ‫ڵ‬Ζ‫ڻڷڻ‬Ζ‫ڷڻڻ‬￦ ª¥­¶￦ º¥°¹©￦ °©··￦ §³·¸·￦ ¸³￦
·©°°￦³ª￦±­°¯￦´¶³¨¹§©¨￦­²￦‫ڼڵڴڶ‬Κ￦
(b)￦ ‫ڻڵ‬Ζ‫ڴڴڴ‬￦³´©²­²«￦­²º©²¸³¶½￦ ‫ܩ‬￦ ‫ڵ‬Ζ‫ڻڷڻ‬Ζ‫ڷڻڻ‬￦ª¥­¶￦º¥°¹©￦°©··￦§³·¸·￦ ¸³￦·©°°￦³ª￦
±­°¯￦´¶³¨¹§©¨￦­²￦‫ڼڵڴڶ‬￦°©··￦ ‫ڽڵ‬Ζ‫ڴڴڹ‬￦§°³·­²«￦­²º©²¸³¶½￦‫ܥ‬￦ ‫ڵ‬Ζ‫ڹڷڻ‬Ζ‫ڷڻڶ‬￦§³·¸￦³ª￦
±­°¯￦·³°¨Κ￦
(c)￦ￚ¬©￦«¥­²￦³¶￦°³··￦ª¶³±￦§¬¥²«©·￦­²￦ª¥­¶￦º¥°¹©￦°©··￦§³·¸·￦¸³￦·©°°￦­·￦§¥°§¹°¥¸©¨￦
¥·￦¸¬©￦¦¥°¥²§­²«￦ª­«¹¶©￦­²￦¸¬©￦¶©§³²§­°­¥¸­³²￦­²￦²³¸©￦￞￦¥¦³º©Κ￦
￦
Requirement No. 2
31 Dec 2018 31 Dec 2017
￈­³°³«­§¥°￦¥··©¸·￦ ‫ں‬Ζ‫ڸںڷ‬Ζ‫ڴڴں‬￦ ‫ڼ‬Ζ‫ڸںڹ‬Ζ‫ڴڴڴ‬￦
ￏ²º©²¸³¶­©· ±­°¯￦ ‫ڽڵ‬Ζ‫ڴڴڹ‬￦ ‫ڻڵ‬Ζ‫ڴڴڴ‬￦
￦
Requirement No. 3
￘©º©²¹© ±­°¯￦·³°¨￦ ‫ڵ‬Ζ‫ڹڷڻ‬Ζ‫ڷڻڶ‬￦
￉³·¸￦³ª￦±­°¯￦·³°¨￦ Ϯ‫ڵ‬Ζ‫ڹڷڻ‬Ζ‫ڷڻڶ‬ϯ￦
ￍ¥­²￦ª¶³±￦§¬¥²«©·￦­²￦ª¥­¶￦º¥°¹©￦°©··￦§³·¸·￦¸³￦·©°°￦³ª￦ ‫ڶڸڸ‬Ζ‫ڴڴں‬￦
¦­³°³«­§¥°￦¥··©¸·￦
ￍ¥­²￦³²￦¶©§³«²­¸­³²￦³ª￦¥«¶­§¹°¸¹¶¥°￦´¶³¨¹§© ±­°¯￦￦ ‫ڵ‬Ζ‫ڻڷڻ‬Ζ‫ڷڻڻ‬￦
￙¸¥ªª￦§³·¸·￦￦ Ϯ‫ڶںڵ‬Ζ‫ڴڴڴ‬ϯ￦
￉¥¸¸°©￦ª©©¨￦ Ϯ‫ںڻڶ‬Ζ‫ڴڴڴ‬ϯ￦
ￜ©¸©¶­²¥¶½￦§³·¸·￦￦ Ϯ‫ڶں‬Ζ‫ڴڴڴ‬ϯ￦
￝¥¸©¶￦¥²¨￦©°©§¸¶­§­¸½￦ Ϯ‫ڼڸ‬Ζ‫ڴڴڴ‬ϯ￦
ￔ©¸￦­²§³±©￦ ‫ڵ‬Ζ‫ڶڷں‬Ζ‫ڷڻڷ‬￦
￦
Requirement No. 4
Cash flows from operating activities:
￉¥·¬￦¶©§©­´¸·￦ª¶³±￦·¥°©·￦³ª￦±­°¯￦ ‫ڵ‬Ζ‫ڹڷڻ‬Ζ‫ڷڻڶ‬￦
￉¥·¬￦¶©§©­´¸·￦ª¶³±￦·¥°©￦³ª￦¦©©ª￦¥²¨￦¨¥­¶½￦°­º©·¸³§¯￦²©¸￦ ‫ڸ‬Ζ‫ڶڶڹ‬Ζ‫ڴڴڴ‬￦
￦§³±±­··­³²Є
￉¥·¬￦´¥­¨￦¸³￦·¹´´°­©¶·￦¥²¨￦©±´°³½©©·￦ Ϯ‫ڼڸڹ‬Ζ‫ڴڴڴ‬ϯ￦
￉¥·¬￦´¥­¨￦ª³¶￦´¹¶§¬¥·©·￦³ª￦¦©©ª￦¥²¨￦¨¥­¶½￦°­º©·¸³§¯￦ ‫ڵ‬Ζ‫ڴڴڽ‬Ζ‫ڴڴڴ‬ϯ￦
￦
Єￏ¸￦ ­·￦ ¥··¹±©¨￦ ¸¬¥¸￦ ¸¬©￦ §¥·¬￦ ª°³»·￦ ¶©§©­º©¨￦ ª³¶￦ ·©°°­²«￦ ¸¬©￦ °­º©·¸³§¯￦ »©¶©￦
￦

111
Chapter 15: Introduction to Financial Asset and Investment in Equity Securities

CHAPTER 15: INTRODUCTION TO FINANCIAL ASSET

AND INVESTMENT IN EQUITY SECURITIES
￦
PROBLEM 15-1 Financial Assets and Financial Liabilities￦
￦ FA NFA FL NFL
ￇ§§³¹²¸·￦´¥½¥¦°©￦ ￦ ￦ ‫ڴڹڸ‬Ζ‫ڴڴڴ‬￦ ￦
ￇ§§³¹²¸·￦¶©§©­º¥¦°©￦ ‫ڴڴڷ‬Ζ‫ڴڴڴ‬￦ ￦ ￦ ￦
ￇ§§¶¹©¨￦­²¸©¶©·¸￦©¼´©²·©￦ ￦ ￦ ‫ڸڹ‬Ζ‫ڴڴڴ‬￦ ￦
ￇ§§¹±¹°¥¸©¨￦¨©´¶©§­¥¸­³²￦ ￦ Ϯ‫ڴڹڵ‬Ζ‫ڴڴڴ‬ϯ
ￇ¨º¥²§©·￦ª¶³±￦§¹·¸³±©¶·￦ ￦ ￦ ￦ ‫ڼڸ‬Ζ‫ڴڴڴ‬￦
ￇ°°³»¥²§©￦ª³¶￦¦¥¨￦¨©¦¸·￦ Ϯ‫ڴڷ‬Ζ‫ڴڴڴ‬ϯ￦ ￦ ￦ ￦
￈­³°³«­§¥°￦¥··©¸·￦ ￦ ‫ڴںڷ‬Ζ‫ڴڴڴ‬
￈³²¨·￦´¥½¥¦°©￦ ￦ ￦ ‫ڴںڷ‬Ζ‫ڴڴڴ‬￦ ￦
￉¥·¬￦¥²¨￦§¥·¬￦©µ¹­º¥°©²¸·￦ ‫ڴڵڶ‬Ζ‫ڴڴڴ‬￦ ￦ ￦ ￦
￉¥·¬￦¨­º­¨©²¨·￦´¥½¥¦°©￦ ￦ ‫ڵڼ‬Ζ‫ڴڴڴ‬
￉¥·¬￦·¹¶¶©²¨©¶￦º¥°¹©￦ ‫ڴڼڵ‬Ζ‫ڴڴڴ‬￦ ￦ ￦ ￦
￉°¥­±·￦ª³¶￦¸¥¼￦¶©ª¹²¨￦ ￦ ‫ڹڷڵ‬Ζ‫ڴڴڴ‬￦ ￦ ￦
ￊ©ª©¶¶©¨￦¸¥¼￦¥··©¸·￦ ￦ ‫ڴڼڵ‬Ζ‫ڴڴڴ‬￦ ￦ ￦
ￊ©ª©¶¶©¨￦¸¥¼￦°­¥¦­°­¸­©·￦ ￦ ‫ڻڹ‬Ζ‫ڴڴڴ‬
ￊ­·§³¹²¸￦³²￦¦³²¨·￦´¥½¥¦°©￦ ￦ ￦ Ϯ‫ڹڸ‬Ζ‫ڴڴڴ‬ϯ￦ ￦
ￌ­²¥²§©￦°©¥·©￦°­¥¦­°­¸½￦ ￦ ￦ ‫ڹڷڵ‬Ζ‫ڴڴڴ‬￦ ￦
ￏ²§³±©￦¸¥¼©·￦´¥½¥¦°©￦ ￦ ‫ڻڶ‬Ζ‫ڴڴڴ‬
ￏ²¸¥²«­¦°©￦¥··©¸·￦ ￦ ‫ڴڽ‬Ζ‫ڴڴڴ‬￦ ￦ ￦
ￏ²¸©¶©·¸￦¶©§©­º¥¦°©￦ ‫ڷں‬Ζ‫ڴڴڴ‬￦ ￦ ￦ ￦
ￏ²º©·¸±©²¸￦­²￦¥··³§­¥¸©￦ ‫ڹڷڵ‬Ζ‫ڴڴڴ‬￦
ￏ²º©·¸±©²¸￦­²￦¦³²¨·￦ ‫ڴڵڹ‬Ζ‫ڴڴڴ‬￦ ￦ ￦ ￦
ￏ²º©·¸±©²¸￦­²￦©µ¹­¸½￦
­²·¸¶¹±©²¸·￦ ‫ڹڻڷ‬Ζ‫ڴڴڴ‬￦ ￦ ￦ ￦
ￏ²º©·¸±©²¸￦­²￦·¹¦·­¨­¥¶½￦ ‫ڴڵڶ‬Ζ‫ڴڴڴ‬￦
ￏ··¹©¨￦¶©¨©©±¥¦°©￦
´¶©ª©¶©²§©￦·¬¥¶©·￦Ϯ»­¸¬￦
±¥²¨¥¸³¶½￦¶©¨©±´¸­³²ϯ￦ ￦ ￦ ‫ڴڴڷ‬Ζ‫ڴڴڴ‬￦ ￦
ￓ©¶§¬¥²¨­·©￦­²º©²¸³¶­©·￦ ￦ ‫ڽڽڷ‬Ζ‫ڴڴڴ‬￦ ￦ ￦
ￔ³¸©·￦¶©§©­º¥¦°©￦ ‫ڴڹڸ‬Ζ‫ڴڴڴ‬￦ ￦ ￦ ￦
ￖￎￏￒￎￋￇￒￚￎ￦§³²¸¶­¦¹¸­³²·￦
´¥½¥¦°©￦ ￦ ￦ ￦ ‫ڼڵ‬Ζ‫ڴڴڴ‬￦
ￖ¶©´¥­¨￦­²¸©¶©·¸￦Ϯ²³¸￦¥￦
º¥°¹¥¸­³²￦¥§§³¹²¸￦¸³￦ª­²¥²§­¥°￦
°­¥¦­°­¸½ϯ￦ ‫ڴں‬Ζ‫ڴڴڴ‬￦ ￦ ￦ ￦
ￖ¶©´¥­¨￦¶©²¸￦ ￦ ‫ڴں‬Ζ‫ڴڴڴ‬￦ ￦ ￦
Security deposit 90,000
￙­²¯­²«￦ª¹²¨￦￦ ‫ڴڶڵ‬Ζ‫ڴڴڴ‬￦
￙￙￙￦§³²¸¶­¦¹¸­³²·￦´¥½¥¦°©￦ ￦ ￦ ￦ ‫ڹڵ‬Ζ‫ڴڴڴ‬￦
￙¸³§¯￦¥´´¶©§­¥¸­³²￦¶­«¬¸·￦
´¥½¥¦°©￦Ϯ￙ￇ￘·￦ￖ¥½¥¦°©ϯ￦ ￦ ￦ ‫ڴںڷ‬Ζ‫ڴڴڴ‬￦ ￦

112
Chapter 15: Introduction to Financial Asset and Investment in Equity Securities

ￛ²©¥¶²©¨￦­²¸©¶©·¸￦³²￦
¶©§©­º¥¦°©·￦ ￦ ￦ ￦ ‫ڹڵ‬Ζ‫ڴڴڴ‬￦
ￛ²©¥¶²©¨￦¶©²¸￦­²§³±©￦ ￦ ￦ ￦ ‫ڸڶ‬Ζ‫ڴڴڴ‬￦
ￛ¸­°­¸­©·￦´¥½¥¦°©￦ ￦ ￦ ‫ڴڹڻ‬Ζ‫ڴڴڴ‬￦ ￦
￝¥¶¶¥²¸½￦³¦°­«¥¸­³²·￦ ￦ ‫ڽڷ‬Ζ‫ڴڴڴ‬
￦ ‫ڶ‬Ζ‫ڷڼڹ‬￦ ‫ڵ‬Ζ‫ڸڻڴ‬ ‫ڶ‬Ζ‫ڹڷڹ‬ ‫ڷڸڶ‬
(C) (C) (C) (D)
Security Deposit-Lessor- Financial Liability
_-Lessee-Financial Asset
Legend:￦ￌￇ￦ ￦ￌ­²¥²§­¥°￦ￇ··©¸￦ ￔￌￇ￦ ￦ￔ³²Οￌ­²¥²§­¥°￦ￇ··©¸￦
￦ ￌￒ￦ ￦ￌ­²¥²§­¥°￦ￒ­¥¦­°­¸­©·￦ ￔￌￒ￦ ￦ￔ³²Οￌ­²¥²§­¥°￦ￒ­¥¦­°­¸­©·￦
￦ ￙ￎￋΌ￦￙¬¥¶©¬³°¨©¶·￦©µ¹­¸½￦
￦
Note:￦ￛ²©¥¶²©¨￦­²¸©¶©·¸￦­²§³±©￦·¬³¹°¨￦¦©￦´¶©·©²¸©¨￦¥·￦¥￦º¥°¹¥¸­³²￦¥§§³¹²¸￦³²￦
¶©§©­º¥¦°©·￦ Ϯￌ¥§©￦ ￦ ￛ²©¥¶²©¨￦ ￏ²¸©¶©·¸￦ ￏ²§³±©￦ ‫ܥ‬￦ ￌ¥­¶￦ ￜ¥°¹©￦ ‫ܥ‬￦ ￖ¶©·©²¸￦ ￜ¥°¹©ϯΚ￦
ￎ³»©º©¶Ζ￦¸¬©￦­²¸©²¨©¨￦¥²·»©¶￦­²￦¸¬­·￦´¶³¦°©±￦­·￦¸³￦­²§°¹¨©￦­¸￦¥·￦´¥¶¸￦³ª￦§¹¶¶©²¸￦
°­¥¦­°­¸½Κ￦
￦
SUMMARY OF ANSWERS:
1. C 2. C 3. C 4. D
￦
￦
PROBLEM 15-2 Acquisition of Investment
￦

￐³¹¶²¥°￦©²¸¶­©·￦¥¶©Ό￦
1) FVTPL￦
‫ڵ‬ϑ‫ڹ‬ϑ‫ڼڵڴڶ‬ ￌ­²¥²§­¥°￦ￇ··©¸￦¥¸￦FVTPL ‫ڵ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦ ￦
￦ ￈¶³¯©¶¥«©￦ª©©￦ ‫ڴڶ‬Ζ‫ڴڴڴ‬￦ ￦
￦ ￉³±±­··­³²￦ￋ¼´©²·©￦ ‫ڹ‬Ζ‫ڴڴڴ‬￦ ￦
￦ ￦￦￦￦￉¥·¬￦ ￦ ‫ڵ‬Ζ‫ڹڶڴ‬Ζ‫ڴڴڴ‬￦
￦ ￦ ￦ ￦

‫ڵ‬ϑ‫ڴڵ‬ϑ‫ڼڵڴڶ‬￦ ￊ­º­¨©²¨￦¶©§©­º¥¦°©￦ ‫ڴڶ‬Ζ‫ڴڴڴ‬￦ ￦

￦ ￦￦￦￦ￊ­º­¨©²¨￦­²§³±©￦ ￦ ‫ڴڶ‬Ζ‫ڴڴڴ‬￦
￦ ￦ ￦ ￦

‫ڶ‬ϑ‫ڸڵ‬ϑ‫ڼڵڴڶ‬ ￉¥·¬￦ ‫ڴڶ‬Ζ‫ڴڴڴ‬￦ ￦

￦ ￦￦￦ￊ­º­¨©²¨￦¶©§©­º¥¦°© ￦ ‫ڴڶ‬Ζ‫ڴڴڴ‬￦
￦

2) FVTOCI￦
‫ڵ‬ϑ‫ڹ‬ϑ‫ڼڵڴڶ‬ ￌ­²¥²§­¥°￦ￇ··©¸￦¥¸ FVTOCI ‫ڵ‬Ζ‫ڹڶڴ‬Ζ‫ڴڴڴ‬￦ ￦
￦ ￦￦￦￦￉¥·¬￦￦ ￦ ‫ڵ‬Ζ‫ڹڶڴ‬Ζ‫ڴڴڴ‬￦
￦ ￦ ￦ ￦

‫ڵ‬ϑ‫ڴڵ‬ϑ‫ڼڵڴڶ‬￦ ￊ­º­¨©²¨￦¶©§©­º¥¦°©￦￦ ‫ڴڶ‬Ζ‫ڴڴڴ‬￦ ￦

￦ ￦￦￦￦ￊ­º­¨©²¨￦­²§³±©￦ ￦ ‫ڴڶ‬Ζ‫ڴڴڴ‬￦
￦ ￦ ￦ ￦

‫ڶ‬ϑ‫ڸڵ‬ϑ‫ڼڵڴڶ‬￦ ￉¥·¬￦ ‫ڴڶ‬Ζ‫ڴڴڴ‬￦ ￦

￦ ￦￦￦￦ￊ­º­¨©²¨￦¶©§©­º¥¦°©￦ ￦ ‫ڴڶ‬Ζ‫ڴڴڴ‬￦
￦

ￚ¬©￦¨­ªª©¶©²§©￦¦©¸»©©²￦ￌￜￚￖￒ￦¥²¨￦ￌￜￚￕ￉ￏ￦­·￦¸¬©￦¸¶©¥¸±©²¸￦³ª￦¸¶¥²·¥§¸­³²￦§³·¸Κ￦
￦
113
Chapter 15: Introduction to Financial Asset and Investment in Equity Securities

PROBLEM 15-3 Basic Journal Entries- Acquisitions in Between Dates of

Declaration and Record
￦

1) Trading securities
‫ڵ‬ϑ‫ڹ‬ϑ‫ڼڵڴڶ‬ ￌ­²¥²§­¥°￦ￇ··©¸￦¥¸￦FVTPL Ϯ￙µ¹©©¾©ϯ ‫ڴڼڽ‬Ζ‫ڴڴڴ‬ ￦
￦ ￊ­º­¨©²¨·￦¶©§©­º¥¦°©￦ ‫ڴڶ‬Ζ‫ڴڴڴ‬ ￦
￦ ￈¶³¯©¶¥«©￦©¼´©²·©￦ ‫ڴڶ‬Ζ‫ڴڴڴ‬￦ ￦
￦ ￉³±±­··­³²￦ￋ¼´©²·©￦ ‫ڹ‬Ζ‫ڴڴڴ‬￦ ￦
￦ ￦￦￦￦￉¥·¬￦ ￦ ‫ڵ‬Ζ‫ڹڶڴ‬Ζ‫ڴڴڴ‬￦
￦ ￦ ￦ ￦

‫ڶ‬ϑ‫ڸڵ‬ϑ‫ڼڵڴڶ‬￦ ￉¥·¬￦ ‫ڴڶ‬Ζ‫ڴڴڴ‬￦ ￦

￦ ￦￦ￊ­º­¨©²¨￦¶©§©­º¥¦°©￦ ￦ ‫ڴڶ‬Ζ‫ڴڴڴ‬￦
￦ ￦ ￦ ￦

‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ڼڵڴڶ‬ ￛ²¶©¥°­¾©¨￦ￒ³··￦ ￦ￖ̲ￒ￦ ‫ڴڷ‬Ζ‫ڴڴڴ‬ ￦

￦ ￦￦ￌ­²¥²§­¥°￦ￇ··©¸￦¥¸￦ￌￜￚￖￒ ‫ڴڷ‬Ζ‫ڴڴڴ‬￦
￦ ￦ ￦ ￦

‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ڽڵڴڶ‬￦ ￌ­²¥²§­¥°￦ￇ··©¸￦¥¸￦ￌￜￚￖￒ￦ ‫ڴڹڶ‬Ζ‫ڴڴڴ‬￦ ￦

￦ ￦￦ￛ²¶©¥°­¾©¨￦«¥­²￦ ￦ￖ̲ￒ￦ ￦ ‫ڴڹڶ‬Ζ‫ڴڴڴ‬￦

2) Fair Value through Other Comprehensive Income securities
‫ڵ‬ϑ‫ڹ‬ϑ‫ڼڵڴڶ‬￦ ￌￜￚￕ￉ￏ￦·©§¹¶­¸­©·￦ ‫ڵ‬Ζ‫ڹڴڴ‬Ζ‫ڴڴڴ‬￦ ￦
￦ ￊ­º­¨©²¨￦¶©§©­º¥¦°©￦ ‫ڴڶ‬Ζ‫ڴڴڴ‬￦ ￦
￦ ￦￦￦￦￉¥·¬￦￦ ￦ ‫ڵ‬Ζ‫ڹڶڴ‬Ζ‫ڴڴڴ‬￦
￦ ￦ ￦ ￦

‫ڶ‬ϑ‫ڸڵ‬ϑ‫ڼڵڴڶ‬￦ ￉¥·¬￦ ‫ڴڶ‬Ζ‫ڴڴڴ‬￦ ￦

￦ ￦￦￦￦ￊ­º­¨©²¨￦¶©§©­º¥¦°©￦ ‫ڴڶ‬Ζ‫ڴڴڴ‬￦
￦ ￦ ￦

‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ڼڵڴڶ‬ ￛ²¶©¥°­¾©¨￦°³··￦Ο￦￦ￕ￉ￏ￦ ‫ڴڷ‬Ζ‫ڴڴڴ‬ ￦

￦ ￦￦￦￦ￌￜￚￕ￉ￏ￦￦·©§¹¶­¸­©·￦ ￦ ‫ڴڷ‬Ζ‫ڴڴڴ‬￦
￦ ￦ ￦ ￦

‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ڽڵڴڶ‬￦ ￌￜￚￕ￉ￏ￦￦·©§¹¶­¸­©·￦ ‫ڴڹڶ‬Ζ‫ڴڴڴ‬￦ ￦

￦ ￦￦￦￦ￛ²¶©¥°­¾©¨￦°³··￦ ￦ￕ￉ￏ￦ ￦ ‫ڴڷ‬Ζ‫ڴڴڴ‬￦
￦ ￦￦￦￦ￛ²¶©¥°­¾©¨￦«¥­²￦ ￦ￕ￉ￏ￦ ￦ ‫ڴڶڶ‬Ζ‫ڴڴڴ‬￦
￦
￦
PROBLEM 15-4￦Derecognition of Financial Assets - Sale of Investment￦
￦

CASE NO. 1: FVTPL

Question No. 1
ￔ­°Ζ￦·­²§©￦¸¬©￦¥¦³º©￦·©§¹¶­¸­©·￦¥¶©￦ￌￜￚￖￒ￦¹²¶©¥°­¾©¨￦«¥­²￦³¶￦°³··￦­·￦¶©§³«²­¾©¨￦­²￦
¸¬©￦´¶³ª­¸￦³¶￦°³··Κ￦ (A)￦
￦
Question No. 2
￉³²·­¨©¶¥¸­³²￦¶©§©­º©¨￦ ￦ ‫ڴڹڻ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό ￈¶³¯©¶¥«©￦¥²¨￦§³±±­··­³² ‫ڴڶ‬Ζ‫ڴڴڴ‬￦
ￔ©¸￦￙©°°­²«￦ￖ¶­§©￦ ‫ڴڷڻ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦￉¥¶¶½­²«￦º¥°¹©￦Ϯ‫ڵ‬Ζ‫ڴڴں‬Ζ‫ڴڴڴ‬￦¼￦‫ڏ‬ϯ￦ ‫ڴڴڼ‬Ζ‫ڴڴڴ‬￦
￘©¥°­¾©¨￦°³··￦³²￦·¥°©￦ ￦ￖ̲ￒ￦ ￦ (B)￦ (70,000)
￦
114
Chapter 15: Introduction to Financial Asset and Investment in Equity Securities

CASE NO. 2: FVTOCI

Question No. 3
ￌ¥­¶￦º¥°¹©Ζ￦‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ںڵڴڶ‬￦ ‫ڵ‬Ζ‫ڴڴں‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦￉³·¸￦ ‫ڵ‬Ζ‫ڴڴڹ‬Ζ‫ڴڴڴ‬￦
ￛ²¶©¥°­¾©¨￦«¥­²￦Ο￦ￖ̲ￒ￦ ￦ ￦ (B)￦ 100,000
￦
Question No. 4
￉³²·­¨©¶¥¸­³²￦¶©§©­º©¨ ‫ڴڹڻ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦￈¶³¯©¶¥«©￦¥²¨￦§³±±­··­³²￦ ‫ڴڶ‬Ζ‫ڴڴڴ‬￦
ￔ©¸￦￙©°°­²«￦ￖ¶­§©￦￦ ‫ڴڷڻ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦￉¥¶¶½­²«￦º¥°¹©￦Ϯ‫ڵ‬Ζ‫ڴڴں‬Ζ‫ڴڴڴ‬￦¼￦‫ڏ‬ϯ ‫ڴڴڼ‬Ζ‫ڴڴڴ‬￦
￘©¥°­¾©¨￦°³··￦³²￦·¥°©￦ ￖ̲ￒ ￦ (B)￦ (70,000)

Question No. 5
￐³¹¶²¥°￦©²¸¶­©·￦ª³¶￦¸¬©￦·¥°©￦¥¶©Ό￦
1) FVTPL
‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ ڻڵڴڶ‬ￌￜￚￖￒ￦ ‫ڴڴڵ‬Ζ‫ڴڴڴ‬ ￦
￦ ￦￦￦￦￦ￛ²¶©¥°­¾©¨￦«¥­²Οￖ̲ￒ￦ ￦ ‫ڴڴڵ‬Ζ‫ڴڴڴ‬￦
￦ ￦ ￦

‫ڵ‬ϑ‫ڶ‬ϑ‫ڼڵڴڶ‬￦ ￉¥·¬￦ ‫ڴڷڻ‬Ζ‫ڴڴڴ‬￦ ￦

￦ ￒ³··￦³²￦·¥°©￦ ‫ڴڻ‬Ζ‫ڴڴڴ‬ ￦
￦ ￦￦￦ￌￜￖￚￒ￦ ￦ ‫ڴڴڼ‬Ζ‫ڴڴڴ‬￦
To record the sale
￦

2) FVTOCI
‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ڻڵڴڶ‬￦ ￌￜￚￕ￉ￏ￦ ‫ڴڴڵ‬Ζ‫ڴڴڴ‬￦ ￦
￦ ￦￦￦￦ￛ²¶©¥°­¾©¨￦«¥­²Οￕ￉ￏ￦ ￦ ‫ڴڴڵ‬Ζ‫ڴڴڴ‬￦
￦ ￦ ￦ ￦

‫ڵ‬ϑ‫ڶ‬ϑ‫ڼڵڴڶ‬￦ ￉¥·¬￦ ‫ڴڷڻ‬Ζ‫ڴڴڴ‬￦ ￦

￦ Єￒ³··￦³²￦·¥°©Οￕ￉ￏ￦ ‫ڴڻ‬Ζ‫ڴڴڴ‬￦ ￦
￦ ￦￦￦￦ￌￜￚￕ￉ￏ￦ ￦ ‫ڴڴڼ‬Ζ‫ڴڴڴ‬￦
￦ To record the sale ￦ ￦
￦ ￦ ￦ ￦

￦ ￛ²¶©¥°­¾©¨￦ￍ¥­²￦Ϯ‫ڴڴڵ‬Ζ‫ڴڴڴ‬￦¼￦‫ڏ‬ϯ￦ ‫ڴڹ‬Ζ‫ڴڴڴ‬￦ ￦
￦ ￦￦￦￘©¸¥­²©¨￦©¥¶²­²«· ￦ ‫ڴڹ‬Ζ‫ڴڴڴ‬￦
￦ To record transfer of unrealized gain ￦ ￦
to Retained earnings￦

￦ ￘©¸¥­²©¨￦©¥¶²­²«· ‫ڴڻ‬Ζ‫ڴڴڴ‬￦ ￦
￦ ￦￦ￒ³··￦³²￦·¥°©Οￕ￉ￏ￦ ￦ ‫ڴڻ‬Ζ‫ڴڴڴ‬￦
￦ To record transfer of loss on sale to Retained earnings

Note:
*The amount of Loss on sale will be recognized in the statement of other
comprehensive income in 2018.

SUMMARY OF ANSWERS:
1. A 2. B 3. B 4. B

115
Chapter 15: Introduction to Financial Asset and Investment in Equity Securities

PROBLEM 15-5 Share Dividends

CASE NO. 1
‫ڵ‬ϯ￦ ￓ©±³￦©²¸¶½Ό￦￘©§©­º©¨￦‫ڶ‬Ζ‫ڴڹڶ‬￦³¶¨­²¥¶½￦·¬¥¶©·￦ª¶³±￦ￖ¹°·¥¸©￦￉³±´¥²½Κ￦
￦ ￦ ￦ ￦

‫ڶ‬Κ￦ ￏ²º©·¸±©²¸￦­²￦´¶©ª©¶©²§©￦·¬¥¶©·￦￦ ‫ڴڹڶ‬Ζ‫ڴڴڴ‬￦ ￦

￦ ￦￦￦ￏ²º©·¸±©²¸￦­²￦³¶¨­²¥¶½￦·¬¥¶©·￦ ￦ ‫ڴڹڶ‬Ζ‫ڴڴڴ‬￦
￦

Total par value Fraction Allocated cost

ￖ¶©ªΚ￦·¬¥¶©·￦Ϯ‫ڵ‬Ζ‫ڴڴڹ‬￦¼￦ ‫ڴڴڶ‬ϯ￦ ‫ڴڴڷ‬Ζ‫ڴڴڴ‬￦ ‫ڷ‬ϑ‫ڼڵ‬￦ ‫ڴڹڶ‬Ζ‫ڴڴڴ‬￦
ￕ¶¨­²¥¶½￦ ·¬¥¶©·￦ Ϯ‫ڹڵ‬Ζ‫ڴڴڴ‬￦ ¼￦
‫ڴڴڵ‬ϯ￦ ‫ڵ‬Ζ‫ڴڴڹ‬Ζ‫ڴڴڴ‬￦ ‫ڹڵ‬ϑ‫ڼڵ‬￦ ‫ڵ‬Ζ‫ڴڹڶ‬Ζ‫ڴڴڴ‬￦
ￚ³¸¥°￦ ‫ڵ‬Ζ‫ڴڴڼ‬Ζ‫ڴڴڴ‬￦ ‫ڼڵ‬ϑ‫ڼڵ‬￦ ‫ڵ‬Ζ‫ڴڴڹ‬Ζ‫ڴڴڴ‬￦

CASE NO. 2
‫ڷ‬Κ￦ ￌￜￚￖￒ￦ ￦³¶¨­²¥¶½￦·¬¥¶©·￦Ϯ‫ڶ‬Ζ‫ڴڹڶ‬￦¼￦ ‫ڴڴڵ‬ϯ￦ ‫ڹڶڶ‬Ζ‫ڴڴڴ‬￦ ￦
￦ ￦￦￦ￛ²¶©¥°­¾©¨￦«¥­²￦Ο￦ￖ̲ￒ￦ ￦ ‫ڹڶڶ‬Ζ‫ڴڴڴ‬￦
To record the receipt of share dividends.
￦ ￦ ￦ ￦

￦ ￌￜￚￖￒ￦ ￦ ³¶¨­²¥¶½￦ ·¬¥¶©·￦ σϮ‫ڹڵ‬Ζ‫ڴڴڴ‬￦ ¼￦ ‫ڴڴڵ‬ϯΟ￦ ‫ڴ‬￦ ￦

‫ڵ‬Ζ‫ڴڴڹ‬Ζ‫ڴڴڴ‬σ￦
￦ ￦￦￦ￛ²¶©¥°­¾©¨￦«¥­²￦Ο￦ￖ̲ￒ￦ ￦ ‫ڴ‬￦
To record remeasurement of the old shares to fair value.
￦ ￦ ￦ ￦

‫ڸ‬Κ￦ ￌￜￚￖￒΟ￦´¶©ª©¶©²§©￦·¬¥¶©·￦Ϯ‫ڵ‬Ζ‫ڴڴڹ‬￦¼￦ ‫ڴڹڵ‬ϯ￦ ‫ڹڶڶ‬Ζ‫ڴڴڴ‬￦ ￦

￦ ￦￦￦ￛ²¶©¥°­¾©¨￦«¥­²Οￖ̲ￒ￦ ￦ ‫ڹڶڶ‬Ζ‫ڴڴڴ‬￦

CASE NO. 3
‫ڹ‬Κ￦ ￌￜￚￕ￉ￏ￦ ￦³¶¨­²¥¶½￦·¬¥¶©·￦Ϯ‫ڶ‬Ζ‫ڴڹڶ‬￦¼￦ ‫ڴڴڵ‬ϯ￦ ‫ڹڶڶ‬Ζ‫ڴڴڴ‬￦ ￦
￦ ￦￦￦ￛ²¶©¥°­¾©¨￦«¥­²￦ ￦ￕ￉ￏ￦ ￦ ‫ڹڶڶ‬Ζ‫ڴڴڴ‬￦
￦ ￚ³￦¶©§³¶¨￦¸¬©￦¶©§©­´¸￦³ª￦·¬¥¶©￦¨­º­¨©²¨·Κ￦ ￦ ￦
￦ ￦ ￦ ￦

￦ ￌￜￚￕ￉ￏ￦ ￦³¶¨­²¥¶½￦ ·¬¥¶©·￦ σϮ‫ڹڵ‬Ζ‫ڴڴڴ‬￦¼￦ ‫ڴڴڵ‬ϯΟ￦ ‫ڴ‬￦ ￦

￦
￦ ￦￦￦ￛ²¶©¥°­¾©¨￦«¥­²Οￕ￉ￏ￦ ￦ ‫ڴ‬￦
To record remeasurement of the old shares to fair value.
￦ ￦ ￦ ￦

‫ں‬Κ￦ ￌￜￚￕ￉ￏ￦Ο￦´¶©ª©¶©²§©￦·¬¥¶©·￦￦Ϯ‫ڵ‬Ζ‫ڴڴڹ‬￦¼￦ ‫ڴڹڵ‬ϯ￦ ‫ڹڶڶ‬Ζ‫ڴڴڴ‬￦ ￦

￦ ￦￦￦ￛ²¶©¥°­¾©¨￦«¥­²￦ ￦ￕ￉ￏ￦ ￦ ‫ڹڶڶ‬Ζ‫ڴڴڴ‬￦
￦

Comments on share dividends:

Accounting treatment for share dividends is actually a gray area, no clear
cut rules is provided under PFRS or other accounting standard setting
body.
￦


116
Chapter 15: Introduction to Financial Asset and Investment in Equity Securities

PROBLEM 15-6￦Cash Dividends

￦

Question No. 1 ￦ ￦ ￦ (B)

ￚ¬©￦¨­º­¨©²¨￦­²§³±©￦¸³￦¦©￦¶©§³«²­¾©¨￦¨¹¶­²«￦¸¬©￦½©¥¶￦­·￦ￖ‫ڴڷ‬Ζ‫ڴڴڴ‬￦Ϯ‫ڹڵ‬Ζ‫ڴڴڴ‬￦¼￦ￖ‫ڶ‬ϯΚ￦

Question No. 2
ￊ©§©±¦©¶￦‫ڵ‬￦ ￊ­º­¨©²¨￦￘©§©­º¥¦°©￦Ϯ‫ڹڵ‬Ζ‫ڴڴڴ‬￦¼￦ￖ‫ڶ‬ϯ￦ ‫ڴڷ‬Ζ‫ڴڴڴ‬￦ ￦
￦ ￦￦￦￦ￊ­º­¨©²¨￦­²§³±©￦ ￦ ‫ڴڷ‬Ζ‫ڴڴڴ‬￦
￦ ￦ ￦ ￦

ￊ©§©±¦©¶￦‫ڹڵ‬ ￔ³￦ª³¶±¥°￦¥§§³¹²¸­²«￦©²¸¶½￦ ￦
￦ ￦ ￦ ￦

ￊ©§©±¦©¶￦‫ڵڷ‬￦ ￉¥·¬￦ ‫ڴڷ‬Ζ‫ڴڴڴ‬￦ ￦

￦￦ ￦￦￦￦ￊ­º­¨©²¨￦￘©§©­º¥¦°©￦ ￦ ‫ڴڷ‬Ζ‫ڴڴڴ‬￦
￦
￦
PROBLEM 15-7 Property Dividends
￦

Question No. 1
ￖ¶³´©¶¸½￦¨­º­¨©²¨·￦¥¶©￦¥·￦­²§³±©￦¥¸￦ª¥­¶￦º¥°¹©￦¥¸￦¨¥¸©￦³ª￦¨©§°¥¶¥¸­³²￦Ϯ‫ڴڹڶ‬Ζ‫ڴڴڴ‬￦¼￦
‫ܫڹڵ‬ϯ￦‫ܥ‬￦P37,500Κ￦ ￦ (B)

Question No. 2
ￔ³º©±¦©¶￦‫ڵ‬￦ ￊ­º­¨©²¨￦￘©§©­º¥¦°©￦Ϯ‫ڴڹڶ‬Ζ‫ڴڴڴ‬￦¼￦‫ܫڹڵ‬ϯ￦ ‫ڻڷ‬Ζ‫ڴڴڹ‬￦ ￦
￦ ￦￦￦￦ￊ­º­¨©²¨￦­²§³±© ￦ ‫ڻڷ‬Ζ‫ڴڴڹ‬
￦ ￦ ￦ ￦

ￊ©§©±¦©¶￦‫ڵڷ‬￦ ￔ³￦®³¹¶²¥°￦©²¸¶½￦ ￦ ￦
￦ ￦ ￦ ￦

ￌ©¦¶¹¥¶½￦‫ڹڵ‬￦ ￔ³²§¥·¬￦ￇ··©¸ ‫ڻڷ‬Ζ‫ڴڴڹ‬￦

￦ ￦￦￦￦ￊ­º­¨©²¨￦￘©§©­º¥¦°©￦ ￦ ‫ڻڷ‬Ζ‫ڴڴڹ‬￦


PROBLEM 15-8 Cash Received in Lieu of Share dividends
￦

Case No. 1: ￏ²º©·¸±©²¸￦­²￦©µ¹­¸½￦·©§¹¶­¸­©·￦­²￦¹²µ¹³¸©¨￦·©§¹¶­¸­©·￦±©¥·¹¶©¨￦

¥¸￦§³·¸￦
ￕ§¸Κ￦‫ڵ‬￦ ￓ©±³￦©²¸¶½￦ ￦ ￦
￦ ￦ ￦ ￦
ￕ§¸Κ￦‫ڵڷ‬￦ ￉¥·¬￦ ‫ڵڼ‬Ζ‫ڴڴڴ‬￦ ￦
￦ ￦￦￦ￍ¥­²￦³²￦·¥°©￦ ￦ ‫ںڷ‬Ζ‫ڴڴڴ‬￦
￦ ￦￦￦ￏ²º©·¸±©²¸￦­²￦©µ¹­¸½￦·©§¹¶­¸­©·￦ ￦ ‫ڹڸ‬Ζ‫ڴڴڴ‬￦
￦

ￔ©¸￦·©°°­²«￦´¶­§©￦Ϯ‫ڹڵ‬Ζ‫¼ڴڴڴ‬￦‫ܫڹڵ‬￦¼￦ ‫ںڷ‬ϯ￦ ‫ڵڼ‬Ζ‫ڴڴڴ‬￦

ￒ©··Ό￦￉¥¶¶½­²«￦¥±³¹²¸￦³ª￦¸¬©￦­²º©·¸±©²¸￦￦ ￦
￦ ·³°¨￦σ ‫ڹڸڷ‬Ζ‫ڴڴڴ‬ϑ‫ڹڵ‬Ζ‫ܩڴڴڴ‬Ϯ‫ܫڹڵ‬￦¼￦‫ڴڵ‬Ζ‫ڴڴڴ‬ϯ￦￦¼￦‫ڶ‬Ζ‫ڴڹڶ‬σ￦ ‫ڹڸ‬Ζ‫ڴڴڴ‬￦
ￍ¥­²￦³²￦·¥°©￦ ‫ں‬Ζ‫ڴڴڴ‬￦
￦

117
Chapter 15: Introduction to Financial Asset and Investment in Equity Securities

Case No. 2Ό￦ￌ­²¥²§­¥°￦¥··©¸·￦¥¸￦ª¥­¶￦º¥°¹©￦¸¬¶³¹«¬￦´¶³ª­¸￦³¶￦°³··￦

ￕ§¸Κ￦‫ڵ‬￦ ￌￜￚￖￒ￦Ϯ‫ڴڸ‬￦¼￦‫ڶ‬Ζ‫ڴڹڶ‬ϯ￦ ‫ڴڽ‬Ζ‫ڴڴڴ‬￦ ￦
￦ ￦￦￦ￛ²¶©¥°­¾©¨￦«¥­²Οￖ̲ￒ￦￦ ￦ ‫ڴڽ‬Ζ‫ڴڴڴ‬￦
￦ ￦ ￦ ￦

ￕ§¸Κ￦‫ڵڷ‬￦ ￉¥·¬￦ ‫ڵڼ‬Ζ‫ڴڴڴ‬￦ ￦

￦ ￒ³··￦³²￦·¥°©￦Ο￦ￖ̲ￒ￦Ϯ·µ¹©©¾©ϯ￦ ‫ڽ‬Ζ‫ڴڴڴ‬￦
￦ ￦￦￦ￌￜￚￖￒ￦ ￦ ‫ڴڽ‬Ζ‫ڴڴڴ‬￦
￦
Case No. 3Ό￦ￏ²º©·¸±©²¸￦­²￦©µ¹­¸½￦·©§¹¶­¸­©·￦¨©·­«²¥¸©¨￦¥·￦¥¸￦ª¥­¶￦º¥°¹©￦
¸¬¶³¹«¬￦³¸¬©¶￦§³±´¶©¬©²·­º©￦­²§³±©￦
ￕ§¸Κ￦‫ڵ‬￦ ￌￜￚￕ￉ￏ￦Ϯ‫ڴڸ‬￦¼￦‫ڶ‬Ζ‫ڴڹڶ‬ϯ￦ ‫ڴڽ‬Ζ‫ڴڴڴ‬￦ ￦
￦ ￦￦￦ￛ²¶©¥°­¾©¨￦«¥­²￦Ο￦ￕ￉ￏ￦ ￦ ‫ڴڽ‬Ζ‫ڴڴڴ‬￦
￦ ￦ ￦ ￦

ￕ§¸Κ￦‫ڵڷ‬￦ ￉¥·¬￦ ‫ڵڼ‬Ζ‫ڴڴڴ‬￦ ￦

￦ ￒ³··￦³²￦·¥°©￦Ο￦ￕ￉ￏ￦Ϯ·µ¹©©¾©ϯ￦ ‫ڽ‬Ζ‫ڴڴڴ‬￦
￦ ￦￦￦ￌￜￚￕ￉ￏ￦ ￦ ‫ڴڽ‬Ζ‫ڴڴڴ‬￦
￦ ￦ ￦ ￦

ￕ§¸Κ￦‫ڵڷ‬￦ ￛ²¶©¥°­¾©¨￦«¥­²￦Ο￦ￕ￉ￏ￦ ‫ڴڽ‬Ζ‫ڴڴڴ‬￦ ￦

￦ ￦￦￦ￒ³··￦³²￦·¥°©￦Ο￦ￕ￉ￏ￦ ‫ڽ‬Ζ‫ڴڴڴ‬￦
￦ ￦￦￦￘©¸¥­²©¨￦©¥¶²­²«·￦ ￦ ‫ڵڼ‬Ζ‫ڴڴڴ‬￦
￦
￦
PROBLEM 15-9￦Shares Received in Lieu of Cash Dividends￦
￦

Solution:
Case No. 1Ό￦ￏ²º©·¸±©²¸￦­²￦©µ¹­¸½￦·©§¹¶­¸­©·￦­²￦¹²µ¹³¸©¨￦·©§¹¶­¸­©·￦±©¥·¹¶©¨￦
¥¸￦§³·¸Κ￦
ￕ§¸￦‫ڵ‬￦ ￦ ‫ڴڶڵ‬Ζ‫ڴڴڴ‬￦ ￦
￦￦ ￦￦￦￦ￊ­º­¨©²¨￦­²§³±©￦ ￦ ‫ڴڶڵ‬Ζ‫ڴڴڴ‬￦
￦ ￦ ￦ ￦

ￕ§¸Κ￦‫ڵڷ‬￦ ￏ²º©·¸±©²¸￦­²￦©µ¹­¸½￦·©§¹¶­¸­©·￦ ‫ڴڶڵ‬Ζ‫ڴڴڴ‬￦ ￦

￦ ￦￦￦￦ￊ­º­¨©²¨￦¶©§©­º¥¦°©￦ ￦ ‫ڴڶڵ‬Ζ‫ڴڴڴ‬￦

Case No. 2:￦ￌ­²¥²§­¥°￦¥··©¸·￦¥¸￦ª¥­¶￦º¥°¹©￦¸¬¶³¹«¬￦´¶³ª­¸￦³¶￦°³··Κ
￐³¹¶²¥°￦©²¸¶­©·￦¥¶©Ό￦
ￕ§¸￦‫ڵ‬￦ ￦ ‫ڴڶڵ‬Ζ‫ڴڴڴ‬￦ ￦
￦￦ ￦￦￦￦ￊ­º­¨©²¨￦­²§³±©￦ ￦ ‫ڴڶڵ‬Ζ‫ڴڴڴ‬￦
￦ ￦ ￦ ￦

ￕ§¸Κ￦‫ڵڷ‬￦ ￦ ‫ڶڷڵ‬Ζ‫ڴڴڴ‬￦ ￦
￦ ￦￦￦￦ￊ­º­¨©²¨￦¶©§©­º¥¦°©￦ ￦ ‫ڴڶڵ‬Ζ‫ڴڴڴ‬￦
￦ ￦￦￦￦ￊ­º­¨©²¨￦­²§³±©￦ ￦ ‫ڶڵ‬Ζ‫ڴڴڴ‬￦
ￏª￦¸¬©￦·¬¥¶©·￦¥¶©￦­²º©·¸±©²¸￦­²￦©µ¹­¸½￦·©§¹¶­¸­©·￦¨©·­«²¥¸©¨￦¥·￦¥¸￦ª¥­¶￦º¥°¹©￦
¸¬¶³¹«¬￦³¸¬©¶￦§³±´¶©¬©²·­º©￦­²§³±©￦·¥±©￦®³¹¶²¥°￦©²¸¶­©·￦»³¹°¨￦¦©￦±¥¨©￦
¥·￦­²￦￉¥·©￦²³Κ￦‫ڶ‬Κ￦
118
Chapter 15: Introduction to Financial Asset and Investment in Equity Securities

PROBLEM 15-10 Dividends Out of Capital

￦

Questions No. 1 and 2

￉¥·¬￦Ϯￖ‫ڴڴڵ‬￦¼￦‫ܫڹڵ‬￦¼￦‫ڴڶ‬Ζ‫ڴڴڴ‬ϯ￦ ‫ڴڴڷ‬Ζ‫ڴڴڴ‬￦ ￦
￦￦￦￦ￏ²º©·¸±©²¸￦ ￦ ‫ڴڴڷ‬Ζ‫ڴڴڴ‬￦

Questions No. 3 and 4
￉¥·¬￦ ‫ڴڴڷ‬Ζ‫ڴڴڴ‬￦ ￦
ￒ³··￦³²￦°­µ¹­¨¥¸­³²￦￦ ‫ڴڵڵ‬Ζ‫ڴڴڴ‬￦ ￦
￦￦￦￦ￏ²º©·¸±©²¸￦ ￦ ‫ڴڸڸ‬Ζ‫ڴڴڴ‬￦
￦

SUMMARY OF ANSWERS:
1. A 2. D 3. B 4. C


PROBLEM 15-11 Stock Split and Special Assessment
￦

Question No. 1
Date No. of Cost per Total
shares share Cost
‫ڵ‬ϑ‫ڵ‬￦ ‫ڴڵ‬Ζ‫ڴڴڴ‬￦ ￖ‫ڶڸ‬￦ ￖ‫ڴڶڸ‬Ζ‫ڴڴڴ‬￦
‫ڷ‬ϑ‫ڵ‬￦·¸³§¯￦·´°­¸￦￦ ‫ڹڵ‬Ζ‫ڴڴڴ‬￦ ￦ ￦
ￚ³¸¥°￦Ϯ‫ڴڵ‬Ζ‫ڴڴڴ‬￦¼￦‫ڹ‬ϑ‫ڶ‬ϯ￦ ‫ڹڶ‬Ζ‫ڴڴڴ‬￦ ￖ‫ںڵ‬Κ‫ڴڼ‬￦ ￖ‫ڴڶڸ‬Ζ‫ڴڴڴ‬￦
‫ڵڵ‬ϑ‫ڵ‬￦ ￙´©§­¥°￦ ¥··©··±©²¸￦ Ϯￖ‫ڷ‬Κ‫ڶ‬￦ ¼￦
‫ڹڶ‬Ζ‫ڴڴڴ‬ϯ￦ ￦ ￦ ‫ڴڼ‬Ζ‫ڴڴڴ‬￦
ￚ³¸¥°￦ 25,000 ￖ‫ڴڶ‬￦ ‫ڴڴڹ‬Ζ‫ڴڴڴ‬￦
￦ (D) ￦ ￦
￦
Question No. 2
ￌ¥­¶￦º¥°¹©￦Ϯￖ‫ڴڷ‬￦¼￦‫ڹڶ‬Ζ‫ڴڴڴ‬ϯ￦ ￖ‫ڴڹڻ‬Ζ‫ڴڴڴ‬￦ ￦
ￒ©··Ό￦￉¥¶¶½­²«￦º¥°¹©￦ ‫ڴڴڹ‬Ζ‫ڴڴڴ‬￦ ￦
ￛ²¶©¥°­¾©¨￦«¥­²Οￕ￉ￏ￦ ￖ‫ڴڹڶ‬Ζ‫ڴڴڴ‬￦ (D)
￦
Questions No. 3 and 4 ￐³¹¶²¥°￦©²¸¶­©·￦¥¶©Ό
‫ڵ‬ϑ‫ڵ‬￦ ￌ­²¥²§­¥°￦ￇ··©¸￦¥¸￦ￌￜￚￕ￉ￏ￦ ￖ‫ڴڶڸ‬Ζ‫ڴڴڴ‬￦ (B)￦
￦ ￦￦￦￦￉¥·¬￦￦ ￦ ￖ‫ڴڶڸ‬Ζ‫ڴڴڴ‬￦
￦ ￦ ￦ ￦

‫ڷ‬ϑ‫ڵ‬￦ ￘©§©­º©¨￦˼‫ڹ‬Ζ‫ڴڴڴ‬￦·¬¥¶©·￦¥·￦¥￦¶©·¹°¸￦³ª￦‫ڹ‬￦ ￦ ￦
ª³¶￦‫ڶ‬￦·¬¥¶©￦·´°­¸Κ￦
￦ ￦ ￦ ￦

‫ڵڵ‬ϑ‫ڵ‬￦ ￌ­²¥²§­¥°￦ￇ··©¸￦¥¸￦ￌￜￚￕ￉ￏ￦ ‫ڴڼ‬Ζ‫ڴڴڴ‬￦ ￦

￦ ￦￦￦￦￉¥·¬￦Ϯￖ‫ڷ‬Κ‫ڴڶ‬￦¼￦‫ڹڶ‬Ζ‫ڴڴڴ‬ϯ￦ ￦ ‫ڴڼ‬Ζ‫ڴڴڴ‬￦
￦ ￦ ￦ ￦

‫ڶڵ‬ϑ‫ڵڷ‬￦ ￌ­²¥²§­¥°￦ￇ··©¸￦¥¸￦ￌￜￚￕ￉ￏ￦ ‫ڴڹڶ‬Ζ‫ڴڴڴ‬￦ ￦

￦ ￦￦￦￦ￛ²¶©¥°­¾©¨￦«¥­²￦ ￦ￕ￉ￏ￦ (C) ‫ڴڹڶ‬Ζ‫ ڴڴڴ‬
σϮￖ‫ڴڷ‬￦¼￦‫ڹڶ‬Ζ‫ڴڴڴ‬ϯ￦ ￦ￖ‫ڴڴڹ‬Ζ‫ڴڴڴ‬σ￦
￦

SUMMARY OF ANSWERS:
1. D 2. D 3. B 4. C
￦
119
Chapter 15: Introduction to Financial Asset and Investment in Equity Securities

PROBLEM 15-12 Stock Right

￦

Question No. 1
Nil.￦ ￚ¬©￦ §³±´¥²½￦ »­°°￦³²°½￦ ±¥¯©￦¥￦ ±©±³￦ ©²¸¶½￦ ¸³￦ ¶©§³¶¨￦ ¸¬©￦ ¶©§©­´¸￦³ª￦·¸³§¯￦
¶­«¬¸￦³²￦¥￦ª­²¥²§­¥°￦¥··©¸￦¥¸￦ￌￜￚￖￒΚ (A)￦
￦

Question No. 2
ￚ¬©￦·¸³§¯￦¶­«¬¸￦·¬³¹°¨￦¦©￦­²­¸­¥°°½￦¶©§³¶¨©¨￦¥¸￦ª¥­¶￦º¥°¹©·￦¥·￦ª³°°³»·Ό￦
Ϯￖ‫ڴڶ‬￦¼￦‫ڴڵ‬Ζ‫ڴڴڴ‬ϯ￦‫ܥ‬￦ￖ‫ڴڴڶ‬Ζ‫ڴڴڴ‬Κ￦ (B)
￦

Question No. 3
ￚ¬©￦§³·¸￦³ª￦¸¬©￦­²º©·¸±©²¸￦»­°°￦³²°½￦­²§°¹¨©￦¸¬©￦·¹¦·§¶­´¸­³²￦´¶­§©￦³ª￦ￖ‫ڴڴڸ‬Ζ‫ڴڴڴ‬￦
Ϯ‫ڹ‬Ζ‫ڴڴڴ‬￦¼￦ￖ‫ڴڼ‬ϯΚ￦ ￦ ￦ ￦ (B)￦
￦

Question No. 4
ￚ¬©￦§³·¸￦³ª￦¸¬©￦­²º©·¸±©²¸￦»­°°￦­²§°¹¨©￦¸¬©￦·¹¦·§¶­´¸­³²￦´¶­§©￦³ª￦ￖ‫ڴڴڸ‬Ζ‫ڴڴڴ‬￦¥²¨￦
§³·¸￦³ª￦·¸³§¯￦¶­«¬¸·￦©¼©¶§­·©¨￦³ª￦ￖ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦‫ܥ‬￦ￖ‫ڴڴں‬Ζ‫ڴڴڴ‬Κ (C)￦
￦

ￚ¬©￦®³¹¶²¥°￦©²¸¶­©·￦¹²¨©¶￦¸¬©￦¸»³￦§°¥··­ª­§¥¸­³²·￦¥¶©￦¥·￦ª³°°³»·Ό￦
Case No. 1:￦ￏ²º©·¸±©²¸￦­²￦©µ¹­¸½￦·©§¹¶­¸­©·￦­²￦¹²µ¹³¸©¨￦·©§¹¶­¸­©·￦±©¥·¹¶©¨￦
¥¸￦§³·¸
￐¹²©￦‫ڹڵ‬￦ ￓ©±³￦©²¸¶½￦Ϯ￘©§©­º©¨￦‫ڴڵ‬Ζ‫ڴڴڴ‬￦·¸³§¯￦¶­«¬¸·ϯ￦
￦ ￦

￐¹°½￦‫ڹڵ‬￦￦
¼￦‫ڹ‬Ζ‫ڴڴڴ‬ϯ￦ ‫ڴڴڸ‬Ζ‫ڴڴڴ‬￦ ￦
￦ ￦￦￦￦￉¥·¬￦ ￦ ‫ڴڴڸ‬Ζ‫ڴڴڴ‬￦

Case No. 2￦ￌ¥­¶￦º¥°¹©￦¸¬¶³¹«¬￦´¶³ª­¸￦¥²¨￦°³··￦·©§¹¶­¸­©·
￐¹²©￦‫ڹڵ‬￦ ￓ©±³￦©²¸¶½￦Ϯ￘©§©­º©¨￦‫ڴڵ‬Ζ‫ڴڴڴ‬￦·¸³§¯￦¶­«¬¸·ϯ￦
￦ ￦

￐¹°½￦‫ڹڵ‬￦￦ ￦ ‫ڴڴڸ‬Ζ‫ڴڴڴ‬￦ ￦
￦ ￦￦￦￦￉¥·¬￦ ￦ ‫ڴڴڸ‬Ζ‫ڴڴڴ‬￦
￦
Case No. 3:￦ￌ¥­¶￦º¥°¹©￦¸¬¶³¹«¬￦³¸¬©¶￦§³±´¶©¬©²·­º©￦­²§³±©￦
￐¹²©￦‫ڹڵ‬￦ ￦ ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦ ￦
￦ ￦￦￦￦ￛ²¶©¥°­¾©¨￦«¥­²Οￖϑￒ￦ ￦ ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦
￦ ￦ ￦ ￦

￐¹°½￦‫ڹڵ‬￦￦ ￦ ‫ڴڴں‬Ζ‫ڴڴڴ‬￦ ￦
￦ ￦￦￦￦ ￦ ￦ ‫ڴڴڸ‬Ζ‫ڴڴڴ‬￦
￦ ￦￦￦￦￙¸³§¯￦¶­«¬¸·￦ ￦ ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦
￦

SUMMARY OF ANSWERS:
1. A 2. B 3. B 4. C
￦
￦

120
Chapter 15: Introduction to Financial Asset and Investment in Equity Securities

PROBLEM 15-13 Theoretical Value of Rights

￦

Question No. 1
￝¬©²￦¸¬©￦·¸³§¯￦­·￦·©°°­²«￦¶­«¬¸Ο³²￦
ￖ‫ڴڶڷ‬￦ ￦ￖ‫ڴڴڶ‬￦
ￜ¥°¹©￦³ª￦³²©￦¶­«¬¸￦ ‫ܥ‬￦
‫ڵܩڹ‬￦
￦ ‫ܥ‬￦ P20
￦

Question No. 2
￝¬©²￦¸¬©￦·¸³§¯￦­·￦·©°°­²«￦©¼Ο¶­«¬¸￦
ￖ‫ڴڶڷ‬￦ ￦ￖ‫ڴڴڵ‬￦
ￜ¥°¹©￦³ª￦³²©￦¶­«¬¸￦ ‫ܥ‬￦
‫ڹ‬￦
￦ ‫ܥ‬￦ P24
SUMMARY OF ANSWERS:
1. B 2. C


PROBLEM 15-13 Dividend Income￦
￉¥·¬￦¨­º­¨©²¨￦ ‫ڵ‬Ζ‫ڴڴڹ‬Ζ‫ڴڴڴ‬￦
￙¬¥¶©·￦­²￦°­©¹￦³ª￦§¥·¬￦¨­º­¨©²¨·￦Ϯ‫ڹ‬Ζ‫ڴڴڴ‬￦¼￦ￖ‫ڴڹڵ‬ϯ￦ ‫ڴڹڻ‬Ζ‫ڴڴڴ‬￦
ￚ³¸¥°￦¨­º­¨©²¨￦­²§³±©￦ ￦ ￦ ￦ (C)￦ 2,250,000
￦
￦
PROBLEM 15-15 Dividend Income￦
￦

ￚ¬©￦ ¨­º­¨©²¨￦ ­²§³±©￦ ¸³￦ ¦©￦ ¶©§³¶¨©¨￦ ­·￦ ©µ¹¥°￦ ¸³￦ ￖ‫ڶ‬Ζ‫ڴڴڸ‬Ζ‫ڴڴڴ‬￦ Ϯ‫ڴڴڷ‬Ζ‫ڴڴڴ‬￦ ϑ￦
‫ڵ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦ ¼￦ ￖ‫ڼ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬ϯΚ￦ ￚ¬©￦ ¦¥·©￦ ­·￦ ³²￦ ¥§¸¹¥°￦ ¨­º­¨©²¨·￦ ¨©§°¥¶©¨Κ￦ ￇ￦ ·¬¥¶©￦
¨­º­¨©²¨￦­·￦²³¸￦¶©«¥¶¨©¨￦¥·￦¥²￦­²§³±©Κ￦ ￦ (A)￦


PROBLEM 15-16 Reclassifications of Investments in Equity Securities
￦

Question No. 1
Not allowed.￦ ￚ¬©￦ ³²°½￦ ¥°°³»©¨￦ ¶©§°¥··­ª­§¥¸­³²￦ ­·￦ ª¶³±￦ ￌ­²¥²§­¥°￦ ￇ··©¸￦ ¥¸￦
ￇ±³¶¸­¾©¨￦￉³·¸￦Ϯￌￇￇ￉ϯ￦¸³￦¬©°¨￦ª³¶￦¸¶¥¨­²«￦ￌ­²¥²§­¥°￦ￇ··©¸￦¥¸￦ￌ¥­¶￦ￜ¥°¹©￦ￚ¬¶³¹«¬￦
ￖ¶³ª­¸￦ ³¶￦ ￒ³··￦ ¨©¦¸￦ ·©§¹¶­¸­©·￦ ϮￌￜￚￖￒϯΖ￦ ³¶￦ º­§©￦ º©¶·¥Κ￦ ￚ¬©¶©ª³¶©￦ ¸¬©￦ ·©§¹¶­¸­©·￦
¶©±¥­²￦ ¥·￦ ￌￜￚￖￒΚ￦ ￙­²§©￦ ¶©§°¥··­ª­§¥¸­³²￦ ­·￦ ²³¸￦ ¥°°³»©¨Ζ￦ ¸¬©¶©￦ ­·￦ ²³￦
¶©§°¥··­ª­§¥¸­³²￦«¥­²￦³¶￦°³··Κ￦ (A)￦

Question No. 2
Not allowed￦ Ϯ·©©￦ ¨­·§¹··­³²￦ ³²￦ ²³Κ￦ ‫ڵ‬ϯΚ￦ ￚ¬©¶©ª³¶©￦ ¸¬©￦ ·©§¹¶­¸­©·￦ ¶©±¥­²￦ ¥·￦
ￌￜￚￕ￉ￏΚ￦￙­²§©￦¶©§°¥··­ª­§¥¸­³²￦­·￦²³¸￦¥°°³»©¨Ζ￦¸¬©¶©￦­·￦²³￦¶©§°¥··­ª­§¥¸­³²￦«¥­²￦³¶￦
°³··Κ￦ (A)￦

121
Chapter 15: Introduction to Financial Asset and Investment in Equity Securities

PROBLEM 15-17 Purchase: Trade Date vs. Settlement Date Accounting￦

￦

SUMMARY OF ANSWERS:
1. B 2. D
￦
￦
PROBLEM 15-18 Sale: Trade Date vs. Settlement Date Accounting
￦

SUMMARY OF ANSWERS:
1. D 2. A
￦
￦
PROBLEM 15-19 Exchange of One Financial Asset into Another Financial
Asset
￦

Question No. 1
ￌ¥­¶￦º¥°¹©Ο￦ￕ¶¨­²¥¶½￦￙¬¥¶©·￦Ϯ‫ں‬Ζ‫ڴڴڴ‬￦¼￦ￖ‫ڴڸ‬ϯ ‫ڴڸڶ‬Ζ‫ڴڴڴ‬
ￒ©··Ό￦￉¥¶¶½­²«￦º¥°¹©Ο￦ￖ¶©ªΚ￦￙¬¥¶©·￦Ϯￖ‫ڹڶڸ‬Ζ‫ڴڴڴ‬ϑ‫ڼ‬Ζ‫ڴڴڴ‬￦¼￦‫ڸ‬Ζ‫ڴڴڴ‬ϯ￦ ‫ڶڵڶ‬Ζ‫ڴڴڹ‬￦
ￍ¥­²￦³²￦©¼§¬¥²«©￦ ￦ ￦ ￦ (C)￦ ‫ڻڶ‬Ζ‫ڴڴڹ‬￦

Question No. 2
￐³¹¶²¥°￦©²¸¶½￦»³¹°¨￦¦©Ό￦
ￏ²º©·¸±©²¸￦­²￦ￚ¶¥¨­²«Ο￦ￕ¶¨­²¥¶½￦￙¬¥¶©·￦Ϯ‫ں‬Ζ‫ڴڴڴ‬￦¼￦ￖ‫ڴڷ‬ϯ￦ ‫ڴڸڶ‬Ζ‫ڴڴڴ‬￦ ￦
￦￦￦￦ￍ¥­²￦³²￦©¼§¬¥²«©￦￦ ￦ ‫ڻڶ‬Ζ‫ڴڴڹ‬￦
￦￦￦￦ￏ²º©·¸±©²¸￦­²￦ￚ¶¥¨­²«Ο￦ￖ¶©ªΚ￦￙¬¥¶©·￦Ϯￖ‫ڹڶڸ‬Ζ‫ڴڴڴ‬ϑ‫ڼ‬Ζ‫ڴڴڴ‬￦¼￦‫ڸ‬Ζ‫ڴڴڴ‬ϯ￦ ‫ڶڵڶ‬Ζ‫ڴڴڹ‬￦

SUMMARY OF ANSWERS:
1. C 2. B


PROBLEM 15-20 Exchange of a PPE for Financial Asset￦
￦

Question No. 1
ￌ¥­¶￦º¥°¹©￦³ª￦¸¬©￦ª­²¥²§­¥°￦¥··©¸￦ ‫ڴڶڼ‬Ζ‫ڴڴڴ‬￦ ￦
ￒ©··Ό￦￉¥¶¶½­²«￦º¥°¹©￦³ª￦¸¬©￦°¥²¨￦ ‫ڴڴں‬Ζ‫ڴڴڴ‬￦ ￦
ￍ¥­²￦³²￦©¼§¬¥²«©￦ ‫ڴڶڶ‬Ζ‫ڴڴڴ‬￦ (B)
￦
Question No. 2
￐³¹¶²¥°￦©²¸¶­©·￦¥¶©Ό￦
ￓ¥¶§¬￦‫ڵڷ‬￦￦ ￌ­²¥²§­¥°￦¥··©¸￦¥¸￦ￌￜￚￕ￉ￏ￦ ‫ڴڶڼ‬Ζ‫ڴڴڴ‬￦ ￦
￦ ￦￦￦￦￦ￒ¥²¨￦ ￦ ‫ڴڴں‬Ζ‫ڴڴڴ‬￦
￦ ￦￦￦￦ￍ¥­²￦³²￦©¼§¬¥²«©￦Ϯ‫ڴڶڼ‬Ζ‫ڴڴڴ‬Ο‫ڴڴں‬Ζ‫ڴڴڴ‬ϯ ￦ ‫ڴڶڶ‬Ζ‫ڴڴڴ‬￦
￦
SUMMARY OF ANSWERS:
1. B 2. D
￦
￦

122
Chapter 15: Introduction to Financial Asset and Investment in Equity Securities

PROBLEM 15-21 Exchange of a Financial Asset for PPE

￦

Question No. 1
ￌ¥­¶￦º¥°¹©￦³ª￦¸¬©￦ª­²¥²§­¥°￦¥··©¸￦ ‫ڴڹں‬Ζ‫ڴڴڴ‬￦ ￦
ￒ©··Ό￦￉¥¶¶½­²«￦º¥°¹©￦³ª￦¸¬©￦ª­²¥²§­¥°￦¥··©¸￦ ‫ڴڴں‬Ζ‫ڴڴڴ‬￦ ￦
ￍ¥­²￦³²￦©¼§¬¥²«© ‫ڴڹ‬Ζ‫ڴڴڴ‬￦ (B)
￦
Question No. 2
￐³¹¶²¥°￦©²¸¶­©·￦¥¶©Ό￦
ￓ¥¶§¬￦‫ڵڷ‬￦￦ ￒ¥²¨￦Ϯ¥¸￦ª¥­¶￦º¥°¹©￦³ª￦¸¬©￦¥··©¸￦given upϯ￦ ‫ڴڹں‬Ζ‫ڴڴڴ‬￦ ￦
￦ ￦￦￦￦ￌￜￚￕ￉ￏ ￦ ‫ڴڴں‬Ζ‫ڴڴڴ‬￦
￦ ￦￦￦￦ￍ¥­²￦³²￦©¼§¬¥²«©￦Ϯ‫ڴڹں‬Ζ‫ڴڴڴ‬Ο‫ڴڴں‬Ζ‫ڴڴڴ‬ϯ￦ ￦ ‫ڴڹ‬Ζ‫ڴڴڴ‬￦
￦ ￦ ￦ ￦

￦ ￘©¸¥­²©¨￦©¥¶²­²«·￦ ‫ڹڶ‬Ζ‫ڴڴڴ‬￦ ￦
￦ ￦￦￦￦ￛ²¶©¥°­¾©¨￦°³··￦Ϯ‫ڹڶں‬Ζ‫ڴڴڴ‬Ο‫ڴڴں‬Ζ‫ڴڴڴ‬ϯ￦ ￦ ‫ڹڶ‬Ζ‫ڴڴڴ‬￦

SUMMARY OF ANSWERS:
1. B 2. B

￦
PROBLEM 15-22 Trading Securities
￦

Question No. 1
(A)￦ￚ¬©￦§³·¸￦³ª￦­²º©·¸±©²¸￦ ­·￦ￖ‫ڴڼڼ‬Ζ‫ڴڴڴ‬Κ￦ￚ¬©￦ ¦¶³¯©¶¥«©￦ª©©￦¥²¨￦§³±±­··­³²￦³ª￦
ￖ‫ڴڵ‬Ζ‫ڴڴڴ‬￦ ¥²¨￦ ￖ‫ڴڵ‬Ζ‫ڴڴڴ‬￦ ¶©·´©§¸­º©°½￦ ­·￦ §¬¥¶«©¨￦ ¸³￦ ©¼´©²·©￦ ·­²§©￦ ¸¬©￦ ­²º©·¸±©²¸￦
¥§µ¹­¶©¨￦ ­·￦ ¥￦ ¸¶¥¨­²«￦ ·©§¹¶­¸½Κ￦ ￚ¬©￦ ­²º©·¸±©²¸·￦ ¥¶©￦ ¥°·³￦ ¥§µ¹­¶©¨￦ ´¶­³¶￦ ¸³￦ ¸¬©￦
¨©§°¥¶¥¸­³²￦ ³ª￦ ¨­º­¨©²¨·￦ ³²￦ ￐¥²¹¥¶½￦ ‫ڴڵ‬Ζ￦ ‫ںڵڴڶ‬￦ ·³￦ ¸¬©½￦ ¥¶©￦ ²³¸￦ ´¹¶§¬¥·©¨￦
¨­º­¨©²¨￦³²Κ￦
￦

Question No. 2
ￊ­º­¨©²¨￦­²§³±©￦Ϯￖ‫ڶ‬￦¼￦‫ں‬Ζ‫ڴڴڴ‬￦‫ܩ‬￦ￖ‫ںڵ‬Ζ‫ڴڴڴ‬ϯ￦‫ܥ‬￦P28,000 (A)￦
￦

Question No. 3
￙©°°­²«￦´¶­§©￦ ￖ‫ڴڹ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦￉³±±­··­³²￦¥²¨￦¸¥¼©·￦ ‫ڹ‬Ζ‫ڴڴڴ‬￦
ￔ©¸￦·©°°­²«￦´¶­§©￦ ‫ڹڸ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦￉¥¶¶½­²«￦º¥°¹©￦σ‫ڶ‬Ζ‫¼ڴڴڹ‬Ϯￖ‫ڴڽ‬Ζ‫ڴڴڴ‬ϑ‫ں‬Ζ‫ڴڴڴ‬ϯσ ‫ڻڷ‬Ζ‫ڴڴڹ‬
ￍ¥­²￦³²￦·¥°©￦ ￦ ￦ ￦ ￦ (C)￦ P7,500
￦

Question No. 4
ￋￊￇ￦￉³¶´Κ￦·¬¥¶©·￦ σￖ‫ڴڹ‬￦ ￦Ϯￖ‫ڴڷ‬Ζ‫ڴڴڴ‬ϑ‫ڵ‬Ζ‫ڴڴڴ‬ϯσ￦ ¼￦ ‫ڵ‬Ζ‫ڴڴڴ‬￦ ‫ܥ‬ ￖ‫ڴڶ‬Ζ‫ڴڴڴ‬￦
ￊ￐ￕￇΖ￦ￏ²§Κ￦ σￖ‫ڹڵ‬￦ ￦Ϯￖ‫ڴڽ‬Ζ‫ڴڴڴ‬ϑ‫ں‬Ζ‫ڴڴڴ‬ϯσ￦ ¼￦ ‫ڷ‬Ζ‫ڴڴڹ‬￦ ‫ܥ‬ Ο￦
￘ￜￌￋΖ￦￉³Κ￦ σￖ‫ڹڸ‬￦ Ϯￖ‫ڴڼ‬Ζ‫ڴڴڴ‬ϑ‫ڶ‬Ζ‫ڴڴڴ‬ϯσ ¼￦ ‫ڶ‬Ζ‫ڴڴڴ‬ ‫ܥ‬ ‫ڴڵ‬Ζ‫ڴڴڴ‬￦
ￇ￘ￖΖ￦￉³Κ￦ σￖ‫ڴڴڵ‬￦ ￦Ϯￖ‫ڴڼڼ‬Ζ‫ڴڴڴ‬ϑ‫ڼ‬Ζ‫ڴڴڴ‬ϯσ￦ ¼￦ ‫ڼ‬Ζ‫ڴڴڴ‬￦ ‫ܥ‬ Ϯ￦￦‫ڴڼ‬Ζ‫ڴڴڴ‬ϯ￦
ￒ³··￦§¬¥¶«©¥¦°©￦¸³￦­²§³±©￦·¸¥¸©±©²¸￦ (B)￦ Ϯￖ‫ڴڹ‬Ζ‫ڴڴڴ‬ϯ￦
￦

Question No. 5
ￋￊￇ￦￉³¶´³¶¥¸­³²￦·¬¥¶©·￦ ￖ‫ڴڹ‬￦ ¼￦ ‫ڵ‬Ζ‫ڴڴڴ‬￦ ‫ܥ‬￦ ￖ‫ڴڹ‬Ζ‫ڴڴڴ‬￦
ￊ￐ￕￇΖ￦ￏ²§Κ￦ ￖ‫ڹڵ‬￦ ¼ ‫ڷ‬Ζ‫ڴڴڹ‬ ‫ܥ‬￦ ‫ڶڹ‬Ζ‫ڴڴڹ‬￦

123
Chapter 15: Introduction to Financial Asset and Investment in Equity Securities

￘ￜￌￋΖ￦￉³Κ￦ ￖ‫ڹڸ‬￦ ¼￦ ‫ڶ‬Ζ‫ڴڴڴ‬￦ ‫ܥ‬￦ ‫ڴڽ‬Ζ‫ڴڴڴ‬￦

ￇ￘ￖΖ￦￉³Κ￦ ￖ‫ڴڴڵ‬ ¼ ‫ڼ‬Ζ‫ڴڴڴ‬ ‫ܥ‬￦ ‫ڴڴڼ‬Ζ‫ڴڴڴ‬￦
ￚ³¸¥°￦¦¥°¥²§©￦³ª￦ª­²¥²§­¥°￦¥··©¸￦¥¸￦´¶³ª­¸￦³¶￦°³··￦ (A) ￖ‫ڶڽڽ‬Ζ‫ڴڴڹ‬￦
￦
Ϯￔ³¸©Ό￦￘©§°¥··­ª­§¥¸­³²￦³ª￦©µ¹­¸½￦·©§¹¶­¸­©·￦¥¶©￦²³¸￦¥°°³»©¨Κϯ￦
￦
SUMMARY OF ANSWERS:
1. A 2. A 3. C 4. B 5. A
￦
￦
PROBLEM 15-23 Fair Value through Other Comprehensive Income￦
￦

Question No. 1
‫ڵ‬ϑ‫ڵ‬￦￈³³¯￦ￜ¥°¹©￦ ￦ ￖ￦ ‫ڴڼڼ‬Ζ‫ڴڴڴ‬￦
￈¶³¯©¶¥«©￦ª©©￦ ￦￦ ‫ڴڵ‬Ζ‫ڴڴڴ‬￦
￉³±±­··­³²￦ ￦￦ ‫ڴڵ‬Ζ‫ڴڴڴ‬￦
ￊ­º­¨©²¨·￦¶©§©­º¥¦°©￦ Ϯ￦￦ ‫ںڵ‬Ζ‫ڴڴڴ‬￦ϯ￦
￉³·¸￦³ª￦ￌￜￚￕ￉ￏ￦ ￦ ￖ￦￦￦￦￦ ‫ڸڼڼ‬Ζ‫ڴڴڴ‬￦ ￦ (C)￦
￦
Question No. 2
ￊ­º­¨©²¨￦­²§³±©￦Ϯￖ‫ڶ‬￦¼￦‫ں‬Ζ‫ڴڴڴ‬ϯ￦‫ܥ‬￦P12,000 (C)￦
￦
Question No. 3
ￖ¶³§©©¨·￦Ϯￖ‫ڹڷ‬￦¼￦‫ڴڴڹ‬ϯ￦ ￦ ￖ￦￦￦￦ ‫ڻڵ‬Ζ‫ڴڴڹ‬￦
￉¥¶¶½­²«￦º¥°¹©￦Ϯￖ‫ڴڴڹ‬￦¼￦Ϯￖ‫ڼڼ‬Ζ‫ڴڴڴ‬ϑϮ‫ڶ‬Ζ‫ڴڴڴ‬￦¼￦‫ܫڴڵڵ‬ϯϯ￦Ϯ￦ ‫ڴڶ‬Ζ‫ڴڴڴ‬￦ϯ￦
ￒ³··￦³²￦·¥°©￦ ￦ ￖ￦￦￦￦￦￦ Ϯ‫ڶ‬Ζ‫ڴڴڹ‬ϯ￦ ￦ ￦
￦
ￔ©¸￦ￖ¶³§©©¨·￦Ϯￖ‫ڴڸ‬Ζ‫ڴڴڴ‬￦ ￦ￖ‫ڹ‬Ζ‫ڴڴڴ‬ϯ￦ ￦ ￖ￦￦￦￦ ‫ڹڷ‬Ζ‫ڴڴڴ‬￦
￉¥¶¶½­²«￦º¥°¹©￦Ϯ‫ڶ‬Ζ‫ڴڴڹ‬￦¼￦Ϯￖ‫ڴڽ‬Ζ‫ڴڴڴ‬ϑ‫ں‬Ζ‫ڴڴڴ‬ϯϯ￦ Ϯ￦￦ ‫ڻڷ‬Ζ‫ڴڴڹ‬￦ϯ￦
ￊ­º­¨©²¨·￦³²￦·¸³§¯·￦·³°¨￦Ϯￖ‫ڶ‬￦¼￦‫ڶ‬Ζ‫ڴڴڹ‬ϯ￦ Ϯ￦￦ ‫ڹ‬Ζ‫ڴڴڴ‬ϯЄ￦
ￒ³··￦³²￦·¥°©￦ ￦ ￖ￦￦￦￦￦￦ Ϯ‫ڻ‬Ζ‫ڴڴڹ‬ϯ￦ ￦ ￦ ￦
￦

ￚ³¸¥°￦°³··￦³²￦·¥°©￦Ϯￖ‫ڶ‬Ζ‫ڴڴڹ‬￦‫ܩ‬￦ￖ‫ڻ‬Ζ‫ڴڴڹ‬ϯ￦ ￦ ￖ￦￦￦￦￦Ϯ‫ڴڵ‬Ζ‫ڴڴڴ‬ϯ￦(C)￦
￦

Єￚ¬­·￦»¥·￦·³°¨￦¨­º­¨©²¨Ο³²Κ￦
￦
Question No. 4
ￓ¥¶§¬￦‫ڵڷ‬￦ ￦Ϯ‫ڹں‬Ζ‫ڴڴڴ‬Ο‫ڹڵ‬Ζ‫ڴڴڴ‬ϯ￦￦ ‫ڴڹ‬Ζ‫ڴڴڴ‬￦
￐¹²©￦‫ڹڵ‬￦ Ϯ‫ڴڹ‬Ζ‫ڴڴڴ‬Ο‫ڴڶ‬Ζ‫ڴڴڴ‬ϯ￦￦ ‫ڴڷ‬Ζ‫ڴڴڴ‬
￦ￍ¥­²ϑϮￒ³··ϯ￦³²￦ￋ¼§¬¥²«©￦￦ (C) ‫ڴڼ‬Ζ‫ڴڴڴ‬￦

Question No. 5
ￋￊￇ￦￉³¶´³¶¥¸­³²￦´¶©ª©¶©²§©￦·¬¥¶©·￦Ϯ‫ڴڴڹ‬￦¼￦ￖ‫ڴڹ‬ϯ￦ ￖ￦￦￦￦ ‫ڹڶ‬Ζ‫ڴڴڴ‬￦
ￊ￐ￕￇΖ￦ￏ²§Κ￦Ϯ‫ڷ‬Ζ‫ڴڴڹ‬￦¼￦ￖ‫ڹڵ‬ϯ￦ ￦￦ ‫ڶڹ‬Ζ‫ڴڴڹ‬￦
￘ￜￌￋ￦￉³Κ￦ϮϮ‫ڶ‬Ζ‫ڴڴڴ‬￦¼￦‫ܫڴڵڵ‬￦Ο￦‫ڴڴڹ‬ϯ￦¼￦ￖ‫ڹڸ‬ϯ￦ ￦￦ ‫ںڻ‬Ζ‫ڴڴڹ‬￦
ￇ￘ￖ￦￉³Κ￦Ϯ‫ڼ‬Ζ‫ڴڴڴ‬￦¼￦ￖ‫ڴڴڵ‬ϯ￦ ￦￦ ‫ڴڴڼ‬Ζ‫ڴڴڴ‬￦
ￒ￉￉￦Ϯ‫ڵ‬Ζ‫ڴڴڴ‬￦¼￦‫ڴں‬ϯ￦ ￦￦ ‫ڴں‬Ζ‫ڴڴڴ‬￦ ￦

124
Chapter 15: Introduction to Financial Asset and Investment in Equity Securities

ￇ¨®¹·¸©¨￦¦¥°¥²§©￦￦ ￦ ￖ￦ ‫ڵ‬Ζ‫ڸڵڴ‬Ζ‫ڴڴڴ‬￦ ￦ (C)￦

￦
SUMMARY OF ANSWERS:
1. C 2. C 3. C 4. C 5. C


PROBLEM 15-24
￦

Question No. 1
￙¸³§¯￦¶­«¬¸·￦Ϯ‫ڵڵ‬Ζ‫ڴڴڴ‬￦¼￦ￖ‫ں‬ϯ￦ ￦ ￖ￦ ‫ںں‬Ζ‫( ڴڴڴ‬C)￦
￦
Question No. 2
￉¥·¬￦´¥­¨￦Ϯￖ‫ڴڽ‬￦¼￦Ϯ‫ڴڵ‬Ζ‫ڴڴڴ‬ϑ‫ڹ‬ϯϯ￦ ￦ ￖ￦￦￦ ‫ڴڼڵ‬Ζ‫ڴڴڴ‬￦
￉³·¸￦³ª￦·¸³§¯￦¶­«¬¸·￦¹·©¨￦Ϯￖ‫ں‬￦¼￦‫ڴڵ‬Ζ‫ڴڴڴ‬ϯ￦ ￦￦ ‫ڴں‬Ζ‫ڴڴڴ‬￦
ￚ³¸¥°￦­²º©·¸±©²¸￦§³·¸￦ ￦ ￖ￦￦￦ ‫ڴڸڶ‬Ζ‫( ڴڴڴ‬C)￦
￦
Question No. 3
ￖ¶³§©©¨·￦Ϯￖ‫ڹ‬Κ‫ڹ‬￦¼￦‫ڵ‬Ζ‫ڴڴڴ‬ϯ￦ ￦ ￖ￦ ￦￦￦￦￦￦‫ڹ‬Ζ‫ڴڴڹ‬￦
￉³·¸￦³ª￦·¸³§¯￦¶­«¬¸·￦Ϯￖ‫ں‬￦¼￦‫ڵ‬Ζ‫ڴڴڴ‬ϯ￦ ￦￦ ‫ں‬Ζ‫ڴڴڴ‬￦
ￒ³··￦³²￦·¥°©￦³ª￦·¸³§¯￦¶­«¬¸·￦ ￦ ￖ￦ ￦￦￦￦￦￦‫( ڴڴڹ‬C)￦
￦
Question No. 4
ￖ¶³§©©¨·￦ ￦ ￖ￦￦￦ ‫ڴڸڸ‬Ζ‫ڴڴڴ‬￦
￉³·¸￦³ª￦·¬¥¶©·￦·³°¨￦Ϯￖ‫ڸڵڵ‬￦ЄЄ￦¼￦‫ڸ‬Ζ‫ڴڴڴ‬ϯ￦ ￦￦ ‫ںڹڸ‬Ζ‫ڴڴڴ‬￦
ￒ³··￦³²￦·¥°©￦³ª￦·¸³§¯·￦ ￦ ￖ￦ ￦￦‫ںڵ‬Ζ‫( ڴڴڴ‬C)￦
￦
Question No. 5
ￊ¥¸©￦ ￔ³Κ￦³ª￦·¬¥¶©·￦ ￚ³¸¥°￦§³·¸￦
‫ڴڵ‬Οￌ©¦￦ ‫ڴڵ‬Ζ‫ڴڴڴ‬￦ ‫ڼڼ‬￦ ‫ڴڼڼ‬Ζ‫ڴڴڴ‬￦
‫ڵڷ‬Οￓ¥¶￦ ‫ڵ‬Ζ‫ڴڴڴ‬￦ ￦ ￦
ￚ³¸¥°￦ ‫ڵڵ‬Ζ‫ڴڴڴ‬￦ ‫ڴڼ‬￦ ‫ڴڼڼ‬Ζ‫ڴڴڴ‬￦
‫ں‬ϑ‫ڴڷ‬￦¶©±©¥·¹¶©±©²¸￦¸³￦ª¥­¶￦º¥°¹©￦ ￦ ￦ ‫ڸڻڷ‬Ζ‫ڴڴڴ‬￦
ￚ³¸¥°￦ ‫ڵڵ‬Ζ‫ڴڴڴ‬￦ ‫ڸڵڵ‬￦ ‫ڵ‬Ζ‫ڸڹڶ‬Ζ‫ڴڴڴ‬￦
‫ڷڵ‬Ο￐¹°￦ ‫ڶ‬Ζ‫ڴڴڴ‬￦ ￦ ‫ڴڸڶ‬Ζ‫ڴڴڴ‬￦
ￚ³¸¥°￦ ‫ڷڵ‬Ζ‫ڴڴڴ‬￦ ￦ 1,494,000
‫ڶڵ‬Οￕ§¸￦ Ϯ‫ڸ‬Ζ‫ڴڴڴ‬ϯ￦ ‫ڸڵڵ‬￦ Ϯ‫ںڹڸ‬Ζ‫ڴڴڴ‬ϯ￦
￦ ‫ڽ‬Ζ‫ڴڴڴ‬￦ ￦ 1,038,000
￙­²§©￦¸¬©¶©￦­·￦²³￦¥º¥­°¥¦°©￦ª¥­¶￦º¥°¹©￦³²￦ￓ¥¶§¬￦‫ڵڷ‬Ζ￦²³￦§³·¸￦­·￦«­º©²￦¸³￦¸¬©￦·¸³§¯￦
¨­º­¨©²¨Κ￦
￦
SUMMARY OF ANSWERS:
1. D 2. B 3. C 4. D 5. D
￦
￦

125
Chapter 15: Introduction to Financial Asset and Investment in Equity Securities

PROBLEM 15-25
￦

Question No. 1
ￇ§µ¹­·­¸­³²￦§³·¸￦ ‫ڴڴڸ‬Ζ‫ڴڴڴ‬￦ ￦
ￇ¨¨￦¸¶¥²·¥§¸­³²￦§³·¸·￦ ‫ڴڶ‬Ζ‫ڴڴڴ‬￦ ￦
￉³¶¶©§¸￦§³·¸ ‫ڴڶڸ‬Ζ‫ڴڴڴ‬ (B)
￦

Question No. 2
ￌ©¦Κ￦‫ڴڵ‬￦ ￌ¶³±￦ￍ©¶¶­¸￦ ‫ڴڷ‬Ζ‫ڴڴڴ‬ ￦
￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦Οￌ¶³±￦￈¥¶¶￦ ‫ڴڵ‬Ζ‫ڴڴڴ‬￦ ￦
ￔ³ºΚ￦‫ڶ‬￦ ￦ ￦
Ϯ‫ڴڵ‬Ζ‫ܩڴڴڴ‬Ϯ‫ڵڵ‬Ζ‫ڴڴڴ‬ϑ‫ڹ‬ϯ￦¼￦‫ڵ‬￦ ‫ڷڵ‬Ζ‫ڴڴڶ‬￦ ￦
ￚ³¸¥°￦¨­º­¨©²¨￦­²§³±© ‫ڷڹ‬Ζ‫ڴڴڶ‬ (B)
￦

Question No. 3
ￌ¥­¶￦º¥°¹©￦³ª￦￦²©»￦ￌￇ￦Ϯ‫ڴڵ‬Ζ‫ڴڴڴ‬￦¼￦‫ڴڸ‬ϯ￦ ‫ڴڴڸ‬Ζ‫ڴڴڴ‬ ￦
ￒ©··Ό￦ ￉¥¶¶½­²«￦ º¥°¹©￦ Ϯ‫ڹڻڽ‬Ζ‫ڴڴڴ‬ϑ‫ڹڵ‬￑￦ ¼￦ ￦
‫ڹ‬￑ϯ￦ ‫ڹڶڷ‬Ζ‫ڴڴڴ‬￦
ￍ¥­²￦³²￦§³²º©¶·­³²￦ ‫ڹڻ‬Ζ‫ڴڴڴ‬￦ (C)￦
￦

Question No. 4
￉³²·­¨©¶¥¸­³²￦¶©§©­º©¨￦Ϯ‫ڶ‬Ζ‫ڴڴڴ‬￦¼￦‫ڴڻ‬ϯ￦ ‫ڴڸڵ‬Ζ‫ڴڴڴ‬￦ ￦
ￒ©··Ό￦ￊ­º­¨©²¨·￦Ϯ‫ڶ‬Ζ‫ڴڴڴ‬￦¼￦ￖ‫ڵ‬ϯ ‫ڶ‬Ζ‫ڴڴڴ‬ ￦
ￔ©¸￦￙©°°­²«￦ￖ¶­§© ‫ڼڷڵ‬Ζ‫ڴڴڴ‬ ￦
ￒ©··Ό￦￉¥¶¶½­²«￦º¥°¹©￦ ‫ڴڶڵ‬Ζ‫ڻںں‬￦ ￦
ￍ¥­²￦³²￦·¥°©￦ ‫ڻڵ‬Ζ‫ڷڷڷ‬￦ (D)￦
￦

Carrying
Shares value
￦ ‫ڴڴڴڴڵ‬ ￦ ‫ڵڹڸ‬Ζ‫ڴڴڴ‬
‫ڴڵ‬Οￌ©¦￦ ‫ڵ‬Ζ‫ڴڴڴ‬￦ ￦
ￚ³¸¥°￦ ‫ڵڵ‬Ζ‫ڴڴڴ‬￦ ‫ڴں‬￦ ‫ڴںں‬Ζ‫ڴڴڴ‬￦
‫ڸ‬ϑ‫ڵ‬ϑ￦¶©±©¥·¹¶©±©²¸￦¸³￦ ￦
ª¥­¶￦º¥°¹©￦ ￦ Ϯ‫ںں‬Ζ‫ڴڴڴ‬ϯ￦
ￚ³¸¥°￦ ‫ڵڵ‬Ζ‫ڴڴڴ‬￦ ‫ڸڹ‬￦ ‫ڸڽڹ‬Ζ‫ڴڴڴ‬￦
‫ڵ‬Οￓ¥½￦Ϯ‫ڵڵ‬Ζ‫ڴڴڴ‬ϑ‫ڹ‬ϯ￦ ‫ڶ‬Ζ‫ڴڴڶ‬￦ ￦ ‫ڶڴڶ‬Ζ‫ڴڴڸ‬￦
ￚ³¸¥°￦ ‫ڷڵ‬Ζ‫ڴڴڶ‬ ￦ ‫ںڽڻ‬Ζ‫ڴڴڸ‬
‫ڹڵ‬Οￔ³º￦ Ϯ‫ڶ‬Ζ‫ڴڴڴ‬ϯ￦ ￦ Ϯ‫ڴڶڵ‬Ζ‫ڻںں‬ϯ￦
ￚ³¸¥°￦ ‫ڵڵ‬Ζ‫ڴڴڶ‬￦ ￦ ‫ڹڻں‬Ζ‫ڷڷڻ‬￦
￦
￉³·¸￦³ª￦·¸³§¯·￦³²￦ￓ¥½￦‫ڵ‬￦ ￦
￙¹¦·Κ￦ￖ¶­§©￦Ϯ‫ڵڵ‬Ζ‫ڴڴڴ‬ϑ‫ڹ‬￦¼￦ￖ‫ڶں‬ϯ￦ ‫ںڷڵ‬Ζ‫ڴڴڸ‬￦
ￇ¨¨￦§³·¸￦³ª￦·¸³§¯￦¶­«¬¸·￦Ϯ‫ں‬￦¼￦‫ڵڵ‬Ζ‫ڴڴڴ‬ϯ￦ ‫ںں‬Ζ‫ڴڴڴ‬￦
￉³·¸￦³ª￦·¸³§¯·￦³²￦ￓ¥½￦‫ڵ‬ ‫ڶڴڶ‬Ζ‫ڴڴڸ‬￦
￦

Shares Cost
￦ ‫ڴڴڴڴڵ‬￦ ‫ڴڹڹ‬Ζ‫ڴڴڴ‬￦
‫ڴڵ‬Οￌ©¦￦ ‫ڵ‬Ζ‫ڴڴڴ‬￦ Ο￦
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Chapter 15: Introduction to Financial Asset and Investment in Equity Securities

ￚ³¸¥°￦ ‫ڵڵ‬Ζ‫ڴڴڴ‬￦ ‫ڴڹڹ‬Ζ‫ڴڴڴ‬￦

￦ ￦ ￦
‫ڵ‬Οￓ¥½￦Ϯ‫ڵڵ‬Ζ‫ڴڴڴ‬ϑ‫ڹ‬ϯ￦ ‫ڶ‬Ζ‫ڴڴڶ‬￦ ‫ڶڴڶ‬Ζ‫ڴڴڸ‬￦
ￚ³¸¥°￦ ‫ڷڵ‬Ζ‫ڴڴڶ‬￦ ‫ڶڹڻ‬Ζ‫ڴڴڸ‬￦
‫ڹڵ‬Οￔ³º￦ Ϯ‫ڶ‬Ζ‫ڴڴڴ‬ϯ￦ Ϯ‫ڸڵڵ‬Ζ‫ڴڴڴ‬ϯ￦
ￚ³¸¥°￦ ‫ڵڵ‬Ζ‫ڴڴڶ‬￦ ‫ڼڷں‬Ζ‫ڴڴڸ‬￦

Question No. 5
Fair values Cost Difference
ￍ©¶¶­¸Οￖ￙￦Ϯ‫ڴڻ‬￦¼￦‫ڴڵ‬Ζ‫ڴڴڴ‬ϯ￦ ‫ڴڴڻ‬Ζ‫ڴڴڴ‬￦ ‫ڴڴں‬Ζ‫ڴڴڴ‬￦ Ϯ‫ڴڴڽ‬Ζ‫ڴڴڴ‬ϑ‫ڹڵ‬￑￦¼￦‫ڴڵ‬￑ϯ￦
￦￦￦￦￦￦￦￦￦￦Οￕ￙￦Ϯ‫ڹڸ‬￦¼￦‫ڴڵ‬Ζ‫ڴڴڴ‬ϯ￦ ‫ڴڹڸ‬Ζ‫ڴڴڴ‬￦ ‫ڴڴڸ‬Ζ‫ڴڴڴ‬￦ ￦ ￦
ￒ³©·§¬￦Ϯ‫ڶڻ‬￦¼￦‫ڵڵ‬Ζ‫ڴڴڶ‬ϯ ‫ںڴڼ‬Ζ‫ڴڴڸ‬ ‫ڼڷں‬Ζ‫ڴڴڸ‬ ￦ ￦
￈¥¶¶￦Ϯ‫ڴڶ‬￦¼￦‫ڴڶ‬Ζ‫ڴڴڴ‬ϯ￦ ‫ڴڴڸ‬Ζ‫ڴڴڴ‬￦ ‫ڴڶڸ‬Ζ‫ڴڴڴ‬￦ ￦ ￦
￦ ‫ڶ‬Ζ‫ںڹڷ‬Ζ‫ڴڴڸ‬￦ ‫ڶ‬Ζ‫ڼڹڴ‬Ζ‫ڴڴڸ‬￦ 298,000 (C) ￦
￦

Note: Use bid price on asset held, asked price for asset to be purchased.
￦
SUMMARY OF ANSWERS:
1. B 2. B 3. C 4. D 5. C
￦
￦
PROBLEM 15-26￦
Question No. 1 ￦
ￌￜￚￕ￉ￏ￦ￖ³¶¸ª³°­³￦ ￦‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ڼڵڴڶ‬￦ ￦
￦￦￦￉³°³±¥￦￉³±´¥²½￦ ‫ڷ‬Ζ‫ڴڻڴ‬Ζ‫ڴڴڴ‬￦ ￦
￦￦￦￙³°­±¥²￦ ‫ڶ‬Ζ‫ڻڷڻ‬Ζ‫ڴڴڹ‬￦ ￦
￦￦￦ￜ­°°¥²¹©º¥￦￉³±´¥²½￦ ‫ڵ‬Ζ‫ڵڻڼ‬Ζ‫ڴڴڴ‬￦ ‫ڻ‬Ζ‫ڼڻں‬Ζ‫ڴڴڹ‬￦
ￒ©··Ό￦ￌￜￚￕ￉ￏ￦ￖ³¶¸ª³°­³￦ ￦‫ڵڴ‬ϑ‫ڵڴ‬ϑ‫ڼڵڴڶ‬￦ ￦ ￦
￦￦￦￉³°³±¥￦￉³±´¥²½￦ ‫ڷ‬Ζ‫ڴڹڴ‬Ζ‫ڴڴڴ‬￦￦ ￦
￦￦￦￙³°­±¥²￦ ‫ڶ‬Ζ‫ڹڶڻ‬Ζ‫ڴڴڴ‬￦￦ ￦
￦￦￦ￜ­°°¥²¹©º¥￦￉³±´¥²½￦ ‫ڵ‬Ζ‫ڹڻڼ‬Ζ‫ڴڴڴ‬￦￦ ‫ڻ‬Ζ‫ڴڹں‬Ζ‫ڴڴڴ‬￦
ￛ²¶©¥°­¾©¨￦«¥­²￦ ￦￙ￌￖ￦ (C) ‫ڼڶ‬Ζ‫ڴڴڹ‬￦
￦

Question No. 2 ￦
ￌ¥­¶￦º¥°¹©￦³ª￦·¬¥¶©·￦ ‫ڶ‬Ζ‫ڻڽڻ‬Ζ‫ڴڴڹ‬￦
ￒ©··Ό￦￉¥¶¶½­²«￦¥±³¹²¸￦³ª￦￙³°­±¥²￦´³¶¸ª³°­³ ‫ڶ‬Ζ‫ڻڷڻ‬Ζ‫ڴڴڹ‬￦ ￦
ￍ¥­²￦³²￦©¼§¬¥²«©￦ ‫ڴں‬Ζ‫ڴڴڴ‬￦ (B)￦
￦

ￔ³¸©￦ ¸¬¥¸￦ ¸¬©￦ §¥¶¶½­²«￦ ¥±³¹²¸￦ ­·￦ ©µ¹¥°￦ ¸³￦ ¸¬©￦ ª¥­¶￦ º¥°¹©￦ ´¶©º­³¹·￦
¶©±©¥·¹¶©±©²¸￦¨¥¸©￦Ϯ‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ڼڵڴڶ‬ϯΚ￦
￦

Question No. 3 ￦
ￖ¶³§©©¨·￦ª¶³±￦·¥°©￦³ª￦ￇµ¹­²³￦·¬¥¶©·￦ ‫ڶ‬Ζ‫ڴڽڹ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦￉¥¶¶½­²«￦¥±³¹²¸￦³ª￦ￇµ¹­²³￦´³¶¸ª³°­³￦ ‫ڶ‬Ζ‫ڴڴں‬Ζ‫ڴڴڴ‬￦ ￦
ￒ³··￦³²￦·¥°©￦ Ϯ‫ڴڵ‬Ζ‫ڴڴڴ‬ϯ￦ (B)￦
￦

127
Chapter 15: Introduction to Financial Asset and Investment in Equity Securities

Question No. 4 ￦
ￌￜￚￕ￉ￏ￦ￖ³¶¸ª³°­³￦ ‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ڽڵڴڶ‬￦ ￦
￦￦￦￉³°³±¥￦￉³±´¥²½￦ ‫ڷ‬Ζ‫ڴڼڴ‬Ζ‫ڴڴڴ‬￦￦ ￦
￦￦￦ￜ­°°¥²¹©º¥￦￉³±´¥²½￦ ‫ڵ‬Ζ‫ڻںڼ‬Ζ‫ڴڴڹ‬￦￦ ‫ڸ‬Ζ‫ڻڸڽ‬Ζ‫ڴڴڹ‬￦
ￒ©··Ό￦ￌￜￚￕ￉ￏ￦ￖ³¶¸ª³°­³￦ ￦‫ڵڴ‬ϑ‫ڵڴ‬ϑ‫ڼڵڴڶ‬￦ ￦ ￦
￦￦￦￉³°³±¥￦￉³±´¥²½￦ ‫ڷ‬Ζ‫ڴڹڴ‬Ζ‫ڴڴڴ‬￦￦ ￦
￦￦￦ￜ­°°¥²¹©º¥￦￉³±´¥²½￦ ‫ڵ‬Ζ‫ڹڻڼ‬Ζ‫ڴڴڴ‬￦￦ ‫ڸ‬Ζ‫ڹڶڽ‬Ζ‫ڴڴڴ‬￦
ￛ²¶©¥°­¾©¨￦«¥­²￦ ￦￙ￌￖ￦Ϯ§¹±¹°¥¸­º©ϯ￦ (C) ‫ڶڶ‬Ζ‫ڴڴڹ‬￦
￦
SUMMARY OF ANSWERS:
1. C 2. B 3. B 4. C
￦
￦
PROBLEM 15-27
￦

Question No. 1
ￇ¨®¹·¸©¨￦¦¥°¥²§©￦Ϯ‫ڹ‬Ζ‫ڴڴڴ‬￦ ￦‫ڸ‬Ζ‫ڴڴڴ‬ϯ￦¼￦ￖ‫ڴڹ‬￦‫ܥ‬￦ￖ‫ڴڴڶ‬Ζ‫ ڴڴڴ‬ (A)￦
￦
Question No. 2
Type of Fair Total fair
stocks # shares value value
ￕ¶¨­²¥¶½￦ ‫ڴڵ‬Ζ‫ڴڴڴ‬￦ ￖ‫ڴڷ‬￦ ￖ‫ڴڴڷ‬Ζ‫ڴڴڴ‬￦ ￦
ￖ¶©ª©¶©²§©￦ ￦￦‫ڶ‬Ζ‫ڴڴڴ‬￦ ￦￦‫ڴڵ‬￦ ‫ڴڶ‬Ζ‫ڴڴڴ‬￦ (A)
ￚ³¸¥°￦§³·¸ ￦ ￦ ￖ‫ڴڶڷ‬Ζ‫ڴڴڴ‬￦ ￦
￦
Question No. 3
A
￦
Question No. 4
ￖ¶³§©©¨·￦Ϯ‫ڵ‬Ζ‫ڴڴڴ‬￦¼￦ￖ‫ڻڵ‬ϯ￦ ￦ ￖ￦ ￦￦￦‫ڻڵ‬Ζ‫ڴڴڴ‬￦
￉¥¶¶½­²«￦¥±³¹²¸￦σϮￖ‫ڴڶ‬Ζ‫ڴڴڴ‬ϑϮ‫ڶ‬Ζ‫ڴڴڴ‬ϯϯ￦¼￦‫ڵ‬Ζ‫ڴڴڴ‬ϯ￦ Ϯ￦￦ ‫ڴڵ‬Ζ‫ڴڴڴ‬￦ϯ￦
ￍ¥­²￦³²￦·¥°©￦ ￦ ￖ￦ ‫ڻ‬Ζ‫ ڴڴڴ‬ (A)￦
￦
Question No. 5
ￖ¶³§©©¨·Ζ￦©¼§°¹·­º©￦³ª￦­²¸©¶©·¸￦ ￦ ￖ￦ ‫ڴڼڶ‬Ζ‫ڴڴڴ‬￦
￉¥¶¶½­²«￦¥±³¹²¸￦Ϯ‫ڴڹڶ‬￦¼￦‫ڵ‬Ζ‫ڴڴڴ‬￦¼￦‫ܫڴڵڵ‬ϯ￦ Ϯ￦￦ ‫ڹڻڶ‬Ζ‫ڴڴڴ‬￦ϯ￦
ￍ¥­²￦³²￦·¥°©￦ ￦ ￖ￦ ￦￦￦￦‫ڹ‬Ζ‫ ڴڴڴ‬ (A)￦
￦
SUMMARY OF ANSWERS:
1. A 2. A 3. A 4. A 5. A
￦
￦

128
Chapter 15: Introduction to Financial Asset and Investment in Equity Securities

PROBLEM 15-28
￦

CASE NO. 1
Question No. 1
ￔ©¸￦￙©°°­²«￦´¶­§©￦ ‫ڴڹڶ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦￉¥¶¶½­²«￦º¥°¹©￦‫خ‬￦ª¥­¶￦º¥°¹©￦³²￦‫ڷ‬ϑ‫ڵ‬Ϯ‫ڹڸ‬￦¼￦‫ڹ‬Ζ‫ڴڴڴ‬ϯ￦ ‫ڹڶڶ‬Ζ‫ڴڴڴ‬
ￍ¥­²￦³²￦·¥°©Οￕ￉ￏ (E)￦ ‫ڹڶ‬Ζ‫ڴڴڴ‬￦
￦
Question No. 2
￉³²·­¨©¶¥¸­³²￦¶©§©­º©¨￦ ‫ڴڻڶ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό
ￊ­º­¨©²¨￦­²§³±©￦³ª￦¸¬©￦­²º©·¸±©²¸￦·³°¨￦Ϯ‫ں‬Ζ‫ڴڴڴ‬￦¼￦Єￖ‫ڴڶ‬￦¼￦‫ܫڴڶ‬ϯ￦ ‫ڸڶ‬Ζ‫ڴڴڴ‬￦
ￔ©¸￦￙©°°­²«￦´¶­§©￦ ‫ںڸڶ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦￉¥¶¶½­²«￦º¥°¹©￦‫خ‬￦ª¥­¶￦º¥°¹©￦³²￦‫ڷ‬ϑ‫ڵ‬￦Ϯ‫ڹڸ‬￦¼￦‫ں‬Ζ‫ڴڴڴ‬ϯ￦￦ ‫ڴڻڶ‬Ζ‫ڴڴڴ‬￦
ￒ³··￦³²￦·¥°©Οￕ￉ￏ (E)￦ ‫ڸڶ‬Ζ‫ڴڴڴ‬￦
￦
Єￚ¬©￦´¥¶￦º¥°¹©￦¥ª¸©¶￦‫ڶ‬￦ª³¶￦‫ڵ‬￦·¬¥¶©￦·´°­¸￦­·￦©µ¹¥°￦¸³￦ￖ‫ڴڸ‬￦¼￦‫ܥڏ‬￦ￖ‫ڴڶ‬￦
￦
Question No. 3
‫ں‬ϑ‫ڵ‬ϑ‫ڼڵڴڶ‬￦Ϯ‫ڹڷ‬Ζ‫ڴڴڴ‬￦¼￦‫ڸ‬ϯ￦ ‫ڴڸڵ‬Ζ‫ڴڴڴ‬￦
‫ڶڵ‬ϑ‫ڵ‬ϑ‫ڼڵڴڶ‬￦Ϯ‫ڹڷ‬Ζ‫ڴڴڴ‬￦¼￦‫ܫڴڶ‬￦¼￦ￖ‫ڴڶ‬ϯ ‫ڴڸڵ‬Ζ‫ڴڴڴ‬
ￚ³¸¥°￦¨­º­¨©²¨￦­²§³±© (A)￦ ‫ڴڼڶ‬Ζ‫ڴڴڴ‬￦
￦
Question Nos. 4 and 5
ￌ¥­¶￦º¥°¹©￦Ϯ‫ڽڶ‬Ζ‫ڴڴڴ‬￦¼￦ￖ‫ڷڸ‬ϯ￦ ‫ڵ‬Ζ‫ڻڸڶ‬Ζ‫ڴڴڴ‬￦ 4. (D)
ￒ©··Ό￦￉³·¸￦Ϯ‫ڴڴڻ‬Ζ‫ڴڴڴ‬ϑ‫ڴڸ‬Ζ‫ڴڴڴ‬￦¼￦‫ڽڶ‬Ζ‫ڴڴڴ‬ϯ￦ ‫ڻڴڹ‬Ζ‫ڴڴڹ‬￦
ￛ²¶©¥°­¾©¨￦«¥­² ‫ڽڷڻ‬Ζ‫ڴڴڹ‬￦ 5. (D)
￦
SUMMARY OF ANSWERS:
1. E 2. E 3. A 4. D 5. D
￦
CASE NO. 2
Question No. 1
ￔ©¸￦￙©°°­²«￦´¶­§©￦ ‫ڴڹڶ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦￉¥¶¶½­²«￦º¥°¹©￦‫خ‬￦ª¥­¶￦º¥°¹©￦³²￦‫ڷ‬ϑ‫ڵ‬Ϯ‫ڹڸ‬￦¼￦‫ڹ‬Ζ‫ڴڴڴ‬ϯ￦ ‫ڹڶڶ‬Ζ‫ڴڴڴ‬
ￍ¥­²￦³²￦·¥°©Οￕ￉ￏ (E)￦ ‫ڹڶ‬Ζ‫ڴڴڴ‬
￦
Question No. 2
￉³²·­¨©¶¥¸­³²￦¶©§©­º©¨￦ ‫ڴڻڶ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦ ￦
ￊ­º­¨©²¨￦­²§³±©￦³ª￦¸¬©￦­²º©·¸±©²¸￦·³°¨￦Ϯ‫ں‬Ζ‫ڴڴڴ‬￦¼￦ￖ‫ڴڸ‬￦¼￦‫ܫڴڶ‬ϯ￦ ‫ڼڸ‬Ζ‫ڴڴڴ‬￦
ￔ©¸￦￙©°°­²«￦´¶­§©￦ ‫ڶڶڶ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦￉¥¶¶½­²«￦º¥°¹©￦‫خ‬￦ª¥­¶￦º¥°¹©￦³²￦‫ڷ‬ϑ‫ڵ‬￦Ϯ‫ڹڸ‬￦¼￦‫ں‬Ζ‫ڴڴڴ‬ϯ￦ ‫ڴڻڶ‬Ζ‫ڴڴڴ‬￦
ￒ³··￦³²￦·¥°©Οￕ￉ￏ (E)￦ ‫ڼڸ‬Ζ‫ڴڴڴ‬￦
￦

129
Chapter 15: Introduction to Financial Asset and Investment in Equity Securities

·¸³§¯·Κ￦
￦
Question No. 3
‫ں‬ϑ‫ڵ‬ϑ‫ڼڵڴڶ‬￦Ϯ‫ڹڷ‬Ζ‫ڴڴڴ‬￦¼￦‫ڸ‬ϯ￦ ‫ڴڸڵ‬Ζ‫ڴڴڴ‬
‫ڶڵ‬ϑ‫ڵ‬ϑ‫ڼڵڴڶ‬￦Ϯ‫ڹڷ‬Ζ‫ڴڴڴ‬￦¼￦‫ܫڴڶ‬￦¼￦ￖ‫ڴڸ‬ϯ￦ ‫ڴڼڶ‬Ζ‫ڴڴڴ‬￦
ￚ³¸¥°￦¨­º­¨©²¨￦­²§³±© (C)￦ ‫ڴڶڸ‬Ζ‫ڴڴڴ‬￦
￦
Question Nos. 4 and 5
ￌ¥­¶￦º¥°¹©￦Ϯ‫ڽڶ‬Ζ‫ڴڴڴ‬￦¼￦ￖ‫ڷڸ‬ϯ￦ ‫ڵ‬Ζ‫ڻڸڶ‬Ζ‫ڴڴڴ‬￦ 4. (D)
ￒ©··Ό￦￉³·¸￦Ϯ‫ڴڴڻ‬Ζ‫ڴڴڴ‬ϑ‫ڴڸ‬Ζ‫ڴڴڴ‬￦¼￦‫ڽڶ‬Ζ‫ڴڴڴ‬ϯ￦ ‫ڻڴڹ‬Ζ‫ڴڴڹ‬￦
ￛ²¶©¥°­¾©¨￦«¥­²￦ ‫ڽڷڻ‬Ζ‫ڴڴڹ‬￦ 5. (D)
￦
SUMMARY OF ANSWERS:
1. E 2. E 3. C 4. D 5. D
￦
￦

130
Chapter 16: Investment in Debt Securities

CHAPTER 16: INVESTMENT IN DEBT SECURITIES

￦
PROBLEM 16-1￦Acquisition of FAAC Term Bonds on Interest Date￦
￦

Question No. 1
ￖ¶©·©²¸ º¥°¹©￦³ª￦ￖ¶­²§­´¥°￦Ϯ‫ڵ‬Ζ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦¼￦‫ڴ‬Κ‫ڹڹڷں‬￦ϯ￦ ‫ڶںڻ‬Ζ‫ڴڴں‬
ￇ¨¨Ό￦ￖ¶©·©²¸￦ￜ¥°¹©￦³ª￦­²¸©¶©·¸￦´¥½±©²¸·￦Ϯ‫ڴڶڵ‬Ζ‫ڴڴڴ‬￦¼￦‫ڷ‬Κ‫ڷڻڷڴ‬￦ϯ￦ ‫ڸںڷ‬Ζ‫ںڻڸ‬￦
ￖ¶©·©²¸￦º¥°¹©￦³ª￦¸¬©￦­²º©·¸±©²¸￦¦³²¨·￦ ￦ ￦ (C)￦ 1,127,076
￦
Question No. 2
Amortization table:
Interest Interest Premium Present
Date Collection Income Amortization value
‫ڵڴ‬ϑ‫ڵڴ‬ϑ‫ڼڵڴڶ‬￦ ￦ ￦ ￦ ‫ڵ‬Ζ‫ڻڶڵ‬Ζ‫ںڻڴ‬￦
‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ڼڵڴڶ‬￦ ‫ڴڶڵ‬Ζ‫ڴڴڴ‬￦ (B) 135,249 ‫ڹڵ‬Ζ‫ڽڸڶ‬￦ ‫ڵ‬Ζ‫ڶڸڵ‬Ζ‫ڹڶڷ‬￦
￦
￦
PROBLEM 16-2￦Acquisition of FAAC Term Bonds in Between Interest Dates￦
￦

Question No. 1
ￖ¶©·©²¸￦º¥°¹©￦³ª￦¸¬©￦­²º©·¸±©²¸￦¦³²¨·￦ ￦ ‫ڵ‬Ζ‫ڼڻڼ‬Ζ‫ڴںڸ‬￦
ￇ¨¨Ό￦￦ￊ­·§³¹²¸￦¥±³¶¸­¾¥¸­³²￦ ￦
￦￦￦￦ￋªª©§¸­º©￦­²¸©¶©·¸ ‫ںڹ‬Ζ‫ڸڹڷ‬￦
￦￦￦￦ￔ³±­²¥°￦­²¸©¶©·¸￦ ‫ڴڹ‬Ζ‫ڴڴڴ‬￦ ‫ں‬Ζ‫ڸڹڷ‬￦
ￖ¶©·©²¸￦º¥°¹©￦³ª￦¸¬©￦­²º©·¸±©²¸￦¦³²¨·Ζ￦ￇ´¶­°￦‫ڵ‬￦ ￦ ‫ڵ‬Ζ‫ڸڼڼ‬Ζ‫ڸڵڼ‬￦
ￇ¨¨￦ￇ§§¶¹©¨￦­²¸©¶©·¸￦ ￦ ‫ڴڹ‬Ζ‫ڴڴڴ‬￦
ￚ³¸¥°￦ￖ¶©·©²¸￦º¥°¹©￦³ª￦¸¬©￦¦³²¨·￦ (D) ‫ڵ‬Ζ‫ڸڷڽ‬Ζ‫ڸڵڼ‬￦
￦
Question No. 2
Amortization table:
Interest Interest Discount Present
Date Collection Income Amortization value
‫ڵڴ‬ϑ‫ڵڴ‬ϑ‫ڼڵڴڶ‬￦ ￦ ￦ ￦ ‫ڵ‬Ζ‫ڼڻڼ‬Ζ‫ڴںڸ‬￦
‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ڼڵڴڶ‬ ‫ڴڴڶ‬Ζ‫ڴڴڴ‬ ‫ڹڶڶ‬Ζ‫ڹڵڸ‬￦ ‫ڹڶ‬Ζ‫ڹڵڸ‬ ‫ڵ‬Ζ‫ڷڴڽ‬Ζ‫ڹڻڼ‬
￦
ￚ³¸¥°￦­²¸©¶©·¸￦­²§³±©￦Ϯￖ‫ڹڶڶ‬Ζ‫ڹڶڸ‬￦¼￦‫ڽ‬ϑ‫ڶڵ‬ϯ￦‫ܥ‬￦P169,061￦ (B)￦
￦
￦
PROBLEM 16-3￦ Interpolation of Effective Interest Rate of FAAC - Term
Bonds and Computation of Interest Income
￦

ￖ¹¶§¬¥·©￦´¶­§©￦ ￖ‫ڵ‬Ζ‫ڴڴڵ‬Ζ‫ڴڴڴ‬￦ ￦
ￇ¨¨Ό￦ￚ¶¥²·¥§¸­³²￦§³·¸￦ ‫ڸڸ‬Ζ‫ڶڹڻ‬￦ ￦
ￏ²­¸­¥°￦§¥¶¶½­²«￦¥±³¹²¸￦ ￖ‫ڵ‬Ζ‫ڸڸڵ‬Ζ‫ڶڹڻ‬￦ ￦
￦

131
Chapter 16: Investment in Debt Securities

￙­²§©￦ ¸¬©¶©￦ ­·￦ ¸¶¥²·¥§¸­³²￦ §³·¸￦ ­²§¹¶¶©¨Ζ￦ ©ªª©§¸­º©￦ ¶¥¸©￦±¹·¸￦ ¦©￦ §³±´¹¸©¨Κ￦ ￚ¬©￦
©ªª©§¸­º©￦¶¥¸©￦¸¬©¶©ª³¶©￦­·￦§³±´¹¸©¨￦¥¸￦11.5%￦Ϯ¶©ª©¶￦¸³￦´¥«©￦‫ڴڷڹ‬￦¥²¨￦‫ڵڷڹ‬￦³ª￦¸¬©￦
¸©¼¸¦³³¯￦ª³¶￦©¼¥±´°©￦³ª￦­²¸©¶´³°¥¸­³²ϯΚ￦
￦

ￏ²¸©¶©·¸￦­²§³±©￦Ϯ‫ڵڵ‬Κ‫ܫڹ‬￦¼￦ￖ‫ڵ‬Ζ‫ڸڸڵ‬Ζ‫ڶڹڻ‬ϯ￦= 131,646 (B)￦

￦
￦
PROBLEM 16-4￦Acquisition of FAAC - Serial Bonds￦￦
￦

Question No. 1
Interest Total Present Total Present
Principal Collection Collection Value Factor Value
‫ڴڹڸ‬Ζ‫ڴڴڴ‬ ‫ڴڼڵ‬Ζ‫ڴڴڴ‬￦ ‫ڴڷں‬Ζ‫ڴڴڴ‬￦ ‫ڴ‬Κ‫ڽڶڽڼ‬ ‫ڶںڹ‬Ζ‫ڻڶڹ‬
‫ڴڹڸ‬Ζ‫ڴڴڴ‬￦ ‫ڹڷڵ‬Ζ‫ڴڴڴ‬￦ ‫ڹڼڹ‬Ζ‫ڴڴڴ‬￦ ‫ڴ‬Κ‫ڶڻڽڻ‬￦ ‫ںںڸ‬Ζ‫ڶںڷ‬￦
‫ڴڹڸ‬Ζ‫ڴڴڴ‬￦ ‫ڴڽ‬Ζ‫ڴڴڴ‬￦ ‫ڴڸڹ‬Ζ‫ڴڴڴ‬￦ ‫ڴ‬Κ‫ڼڵڵڻ‬￦ ‫ڸڼڷ‬Ζ‫ڶڻڷ‬￦
‫ڴڹڸ‬Ζ‫ڴڴڴ‬ ‫ڹڸ‬Ζ‫ڴڴڴ‬￦ ‫ڹڽڸ‬Ζ‫ڴڴڴ‬￦ ‫ڴ‬Κ‫ڹڹڷں‬ ‫ڸڵڷ‬Ζ‫ڷڻڹ‬
ￚ³¸¥°￦ￖ¶©·©²¸￦ￜ¥°¹©￦³ª￦¸¬©￦·©¶­¥°￦¦³²¨·￦ ￦ (C)￦ ‫ڵ‬Ζ‫ڻڶڻ‬Ζ‫ڸڷڼ‬￦
￦
Question No. 2
ￏ²¸©¶©·¸￦­²§³±©￦Ϯ‫ڵ‬Ζ‫ڻڶڻ‬Ζ‫ڸڷڼ‬￦¼￦‫ܫڶڵ‬ϯ￦‫ܥ‬￦207,340 (B)

￦
PROBLEM 16-5 Reclassification

SCENARIO 1: Securities are properly classified as FVTPL under PFRS 9￦
Dec. 31, ￏ²º©·¸±©²¸￦­²￦¦³²¨·￦Ο￦ￌￜￚￖￒ￦ ‫ڼڴڶ‬Ζ‫ڹڼڽ‬￦
2018 ￦￦￦ￛ²¶©¥°­¾©¨￦ «¥­²￦ Ϯ ￦ Ο￦ ￦ ‫ڼڴڶ‬Ζ‫ڹڼڽ‬￦
‫ڵ‬Ζ‫ڹڹڼ‬Ζ‫ڽڴڼ‬ϯ￦
￦ ￦ ￦ ￦

Dec. 31, ￛ²¶©¥°­¾©¨￦°³·· ‫ڷڵڵ‬Ζ‫ڼںں‬￦ ￦

2019 ￦￦￦ￏ²º©·¸±©²¸￦­²￦¦³²¨·￦￦Οￌￜￚￖￒ￦￦ ￦ ‫ڷڵڵ‬Ζ‫ڼںں‬￦
￦ Ο￦ ￦
￦ ￦ ￦

￉¥·¬ ‫ڴ‬Ζ‫ڴڴڴ‬￦ ￦
￦￦ￏ²¸©¶©·¸￦­²§³±©￦ ￦ ‫ڴ‬Ζ‫ڴڴڴ‬￦
To record the receipt of interest.￦ ￦ ￦
￦
SCENARIO 1: CASE NO. 1: Financial asset at FVTOCI
Jan. 1, ￏ²º©·¸±©²¸￦­²￦￈³²¨·￦Ο￦ￌￜￚￕ￉ￏ￦ ‫ڵ‬Ζ‫ڵڹڽ‬Ζ‫ںڶڵ‬￦ ￦
2019￦ ￦￦￦ￏ²º©·¸±©²¸￦­²￦￈³²¨·￦ ￦ￌￜￚￖￒ￦ ￦ ‫ڵ‬Ζ‫ڵڹڽ‬Ζ‫ںڶڵ‬￦
￦ To record the transfer of financial asset at FVTPL to FVTOCI.￦
￦ ￦

Dec. 31, ￉¥·¬￦ ‫ڴ‬Ζ‫ڴڴڴ‬￦ ￦

2019 ￦￦￦ￏ²¸©¶©·¸￦­²§³±©￦ ￦ ‫ڴ‬Ζ‫ڴڴڴ‬￦
To record the receipt of interest.￦ ￦ ￦
￦ ￦ ￦ ￦

ￏ²¸©¶©·¸￦­²§³±© ‫ڸڵ‬Ζ‫ڸڶں‬￦ ￦
￦￦￦ￏ²º©·¸±©²¸￦­²￦￈³²¨·￦ ￦ￌￜￚￕ￉ￏ ￦ ‫ڸڵ‬Ζ‫ڸڶں‬￦
To record premium amortization using 11% revised effective rate.
￦
132
Chapter 16: Investment in Debt Securities

Amortization table-based on the 11% effective rate on the date of

reclassification is:
Interest Interest Present
Date Collection Income Amortization Value
ￊ©§©±¦©¶￦‫ڵڷ‬Ζ￦‫ڼڵڴڶ‬￦ ￦￦ ￦￦ ￦￦ ‫ڵ‬Ζ‫ڵڹڽ‬Ζ‫ںڶڵ‬￦
ￊ©§©±¦©¶￦‫ڵڷ‬Ζ￦‫ڽڵڴڶ‬￦ ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦ ‫ڸڵڶ‬Ζ‫ڸڶں‬￦ ‫ڸڵ‬Ζ‫ڸڶں‬￦ ‫ڵ‬Ζ‫ڹںڽ‬Ζ‫ڴڹڻ‬￦
ￊ©§©±¦©¶￦‫ڵڷ‬Ζ￦‫ڴڶڴڶ‬ ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦ ‫ںڵڶ‬Ζ‫ڷڷڶ‬ ‫ںڵ‬Ζ‫ڷڷڶ‬￦ ‫ڵ‬Ζ‫ڵڼڽ‬Ζ‫ڷڼڽ‬￦
ￊ©§©±¦©¶￦‫ڵڷ‬Ζ￦‫ڵڶڴڶ‬￦ ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦ ‫ڼڵڶ‬Ζ‫ڼڵڴ‬￦ ‫ڼڵ‬Ζ‫ڼڵڴ‬￦ ‫ڶ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
￦
SCENARIO 1: CASE NO. 2: Financial Asset at amortized cost (FAAC)
Jan. 1, ￏ²º©·¸±©²¸￦­²￦￈³²¨·￦Ο￦ￌￇￇ￉￦ ‫ڵ‬Ζ‫ڵڹڽ‬Ζ‫ںڶڵ‬￦ ￦
2019￦ ￦￦￦ￏ²º©·¸±©²¸￦­²￦￈³²¨·￦ ￦ￌￜￚￖￒ￦ ￦ ‫ڵ‬Ζ‫ڵڹڽ‬Ζ‫ںڶڵ‬￦
￦ To record the transfer of financial asset at FVTPL to amortized cost.￦
￦ ￦

Dec. 31, ￉¥·¬ ‫ڴ‬Ζ‫ڴڴڴ‬￦ ￦

2019 ￦￦￦ￏ²¸©¶©·¸￦­²§³±©￦ ￦ ‫ڴ‬Ζ‫ڴڴڴ‬￦
To record the receipt of interest.￦ ￦ ￦
￦ ￦ ￦ ￦

ￏ²¸©¶©·¸￦­²§³±© ‫ڸڵ‬Ζ‫ڸڶں‬￦ ￦
￦￦￦ￏ²º©·¸±©²¸￦­²￦￈³²¨·￦ ￦ￌￇￇ￉ ￦ ‫ڸڵ‬Ζ‫ڸڶں‬￦
To record premium amortization using 11% revised effective rate.
￦
SCENARIO 2: Securities are properly classified as FVTOCI
Dec. 31, ￏ²º©·¸±©²¸￦­²￦¦³²¨·￦Ο￦ￌￜￚￕ￉ￏ￦ ‫ںڼڵ‬Ζ‫ڼڼڶ‬￦
2018 ￦￦￦ￛ²¶©¥°­¾©¨￦ «¥­²￦ Ϯ ￦ Ο￦ ￦ ‫ںڼڵ‬Ζ‫ڼڼڶ‬￦
ϯ￦
￦ ￦ ￦ ￦

Dec. 31, ￛ²¶©¥°­¾©¨￦«¥­²￦Ο￦ￕ￉ￏ￦ ‫ڽڷڵ‬Ζ‫ڽڼڴ‬￦ ￦

2019 ￦￦￦ￏ²º©·¸±©²¸￦­²￦¦³²¨·￦Ο￦ￌￜￚￕ￉ￏ￦ ￦ ‫ڽڷڵ‬Ζ‫ڽڼڴ‬￦
￦ Ο￦ ϯ￦ ￦‫ںڼڵ‬Ζ‫ڼڼڶ‬￦
￦ ￦ ￦

￉¥·¬ ‫ڴ‬Ζ‫ڴڴڴ‬￦ ￦
￦￦￦ￏ²¸©¶©·¸￦­²§³±©￦ ￦ ‫ڴ‬Ζ‫ڴڴڴ‬￦
To record the receipt of interest.￦ ￦ ￦

SCENARIO 2: CASE NO. 1: Financial asset at FVTPL
Jan. 1, ￏ²º©·¸±©²¸￦­²￦￈³²¨·￦Ο￦ￌￜￚￖￒ￦ ‫ڵ‬Ζ‫ڵڹڽ‬Ζ‫ںڶڵ‬￦ ￦
2019￦ ￦￦￦ￏ²º©·¸±©²¸￦­²￦￈³²¨·￦ ￦ￌￜￚￕ￉ￏ￦ ￦ ‫ڵ‬Ζ‫ڵڹڽ‬Ζ‫ںڶڵ‬￦
￦ To record the transfer of financial asset at FVTOCI to FVTPL.￦
￦ ￦

ￛ²¶©¥°­¾©¨￦«¥­²￦Ο￦ￕ￉ￏ ‫ڻڸ‬Ζ‫ڽڽڵ‬￦ ￦
￦￦￦￘©§°¥··­ª­§¥¸­³²￦«¥­² ￦ ‫ڻڸ‬Ζ‫ڽڽڵ‬￦
￦ ￦

Dec. 31, ￉¥·¬ ‫ڴ‬Ζ‫ڴڴڴ‬￦ ￦

2019 ￦￦￦ￏ²¸©¶©·¸￦­²§³±©￦ ￦ ‫ڴ‬Ζ‫ڴڴڴ‬￦
To record the receipt of interest.￦ ￦ ￦
￦
SCENARIO 2: CASE NO. 2: Financial Asset at amortized cost (FAAC)
Jan. 1, ￏ²º©·¸±©²¸￦­²￦￈³²¨·￦Ο￦ￌￇￇ￉￦ ‫ڵ‬Ζ‫ڷڴڽ‬Ζ‫ڻڶڽ‬￦ ￦
2019 ￛ²¶©¥°­¾©¨￦«¥­²￦ ￦ￕ￉ￏ￦ ‫ڻڸ‬Ζ‫ڽڽڵ‬￦ ￦
133
Chapter 16: Investment in Debt Securities
￦
￦￦￦ￏ²º©·¸±©²¸￦­²￦￈³²¨·￦ ￦ￌￜￚￕ￉ￏ￦ ￦ ‫ڵ‬Ζ‫ڵڹڽ‬Ζ‫ںڶڵ‬￦
￦ To record the transfer of financial asset at FVTOCI to FAAC.￦
￦ ￦

Dec. 31, ￉¥·¬￦ ‫ڴ‬Ζ‫ڴڴڴ‬￦ ￦

2019 ￦￦￦ￏ²¸©¶©·¸￦­²§³±©￦ ￦ ‫ڴ‬Ζ‫ڴڴڴ‬￦
To record the receipt of interest.￦ ￦ ￦
￦ ￦ ￦ ￦

ￏ²¸©¶©·¸￦­²§³±© ‫ڼڶ‬Ζ‫ڵڻڸ‬￦ ￦
￦￦￦ￏ²º©·¸±©²¸￦­²￦￈³²¨·￦ ￦ￌￇￇ￉ ￦ ‫ڼڶ‬Ζ‫ڵڻڸ‬￦
To record premium amortization using 11% revised effective rate.
￦
ￇ±³¶¸­¾¥¸­³²￦¸¥¦°©Ο¦¥·©¨￦³²￦¸¬©￦‫ܫڶڵ‬￦ￕ￘ￏￍￏￔￇￒ￦©ªª©§¸­º©￦¶¥¸©￦³²￦¸¬©￦¨¥¸©￦³ª￦
¶©§°¥··­ª­§¥¸­³²￦­·Ό￦
Interest Interest Present
Date Collection Income Amortization value
￐¥²¹¥¶½￦‫ڵ‬Ζ￦‫ڼڵڴڶ‬￦ ￦ ￦ ￦ ‫ڵ‬Ζ‫ڹڹڼ‬Ζ‫ڽڴڼ‬￦
ￊ©§©±¦©¶￦‫ڵڷ‬Ζ￦‫ڼڵڴڶ‬￦ ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦ ‫ڶڶڶ‬Ζ‫ڻڽں‬￦ ‫ڶڶ‬Ζ‫ڻڽں‬￦ ‫ڵ‬Ζ‫ڼڻڼ‬Ζ‫ںڴڹ‬￦
ￊ©§©±¦©¶￦‫ڵڷ‬Ζ￦‫ڽڵڴڶ‬ ‫ڴڴڶ‬Ζ‫ڴڴڴ‬ ‫ڹڶڶ‬Ζ‫ڵڶڸ‬ ‫ڹڶ‬Ζ‫ڵڶڸ‬￦ ‫ڵ‬Ζ‫ڷڴڽ‬Ζ‫ڻڶڽ‬￦
ￊ©§©±¦©¶￦‫ڵڷ‬Ζ￦‫ڴڶڴڶ‬￦ ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦ ‫ڼڶڶ‬Ζ‫ڵڻڸ‬￦ ‫ڼڶ‬Ζ‫ڵڻڸ‬￦ ‫ڵ‬Ζ‫ڶڷڽ‬Ζ‫ڼڽڷ‬￦
ￊ©§©±¦©¶￦‫ڵڷ‬Ζ￦‫ڵڶڴڶ‬￦ ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦ ‫ڵڷڶ‬Ζ‫ڼڼڼ‬￦ ‫ڵڷ‬Ζ‫ڼڼڼ‬￦ ‫ڵ‬Ζ‫ڸںڽ‬Ζ‫ںڼڶ‬￦
ￊ©§©±¦©¶￦‫ڵڷ‬Ζ￦‫ڶڶڴڶ‬￦ ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦ ‫ڹڷڶ‬Ζ‫ڸڵڻ‬￦ ‫ڹڷ‬Ζ‫ڸڵڻ‬￦ ‫ڶ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
￦
SCENARIO 3: Securities are properly classified as FAAC￦
Dec. 31, ￉¥·¬￦ ‫ڴ‬Ζ‫ڴڴڴ‬￦ ￦
2018 ￦￦￦ￏ²¸©¶©·¸￦­²§³±©￦ ￦ ‫ڴ‬Ζ‫ڴڴڴ‬￦
￦
To record the receipt of interest.￦ ￦ ￦

￦ ￦ ￦

ￏ²º©·¸±©²¸￦­²￦￈³²¨·￦ ￦ￌￇￇ￉￦ ‫ڶڶ‬Ζ‫ڻڽں‬￦ ￦

￦
￦￦￦ￏ²¸©¶©·¸￦­²§³±©￦ ￦ ‫ڶڶ‬Ζ‫ڻڽں‬￦
￦ ￦ ￦

Dec. 31, ￉¥·¬ ‫ڴ‬Ζ‫ڴڴڴ‬￦ ￦

2019 ￦￦￦ￏ²¸©¶©·¸￦­²§³±©￦ ￦ ‫ڴ‬Ζ‫ڴڴڴ‬￦
￦
To record the receipt of interest.￦ ￦ ￦
￦ ￦ ￦

ￏ²º©·¸±©²¸￦­²￦￈³²¨·￦ ￦ￌￇￇ￉￦ ‫ڹڶ‬Ζ‫ڵڶڸ‬￦ ￦

￦
￦￦￦ￏ²¸©¶©·¸￦­²§³±©￦ ￦ ‫ڹڶ‬Ζ‫ڵڶڸ‬￦
￦
SCENARIO 3: CASE NO. 1: Financial asset at FVTPL
Jan. 1, ￏ²º©·¸±©²¸￦­²￦￈³²¨·￦Ο￦ￌￜￚￖￒ￦ ￦ ￦
2019
￦ ￦￦￦￘©§°¥··­ª­§¥¸­³²￦«¥­²￦ ￦ￖ̲ￒ￦ ￦ ‫ڻڸ‬Ζ‫ڽڽڵ‬￦
￦￦￦ￏ²º©·¸±©²¸￦­²￦￈³²¨·￦ ￦ￌￇￇ￉￦ ￦ ‫ڵ‬Ζ‫ڷڴڽ‬Ζ‫ڻڶڽ‬￦
￦ To record the transfer of financial asset at FAAC to FVTPL.
￦ ￦

Dec. 31, ￉¥·¬ ‫ڴ‬Ζ‫ڴڴڴ‬￦ ￦

2019 ￦￦￦ￏ²¸©¶©·¸￦­²§³±©￦ ￦ ‫ڴ‬Ζ‫ڴڴڴ‬￦
To record the receipt of interest.￦ ￦ ￦
￦
SCENARIO 3: CASE NO. 2: Financial asset at FVTOCI
Jan. 1, ￏ²º©·¸±©²¸￦­²￦￈³²¨·￦ ￦ￌￜￚￕ￉ￏ￦ ￦ ￦
2019 ￦￦￦￘©§°¥··­ª­§¥¸­³²￦«¥­²￦ ￕ￉ￏ ￦ ‫ڻڸ‬Ζ‫ڽڽڵ‬￦
134
Chapter 16: Investment in Debt Securities
￦
￦￦￦ￏ²º©·¸±©²¸￦­²￦￈³²¨·￦ ￦ￌￇￇ￉￦ ￦ ‫ڵ‬Ζ‫ڷڴڽ‬Ζ‫ڻڶڽ‬￦
￦ To record the transfer of financial asset at FAAC to FVTOCI.￦
￦ ￦

Dec. 31, ￉¥·¬￦ ‫ڴ‬Ζ‫ڴڴڴ‬￦ ￦

2019 ￦￦￦ￏ²¸©¶©·¸￦­²§³±©￦ ￦ ‫ڴ‬Ζ‫ڴڴڴ‬￦
To record the receipt of interest.￦ ￦ ￦
￦
￦
PROBLEM 16-6 (Initial and Subsequent measurement, Derecognition and
Reclassification of Trading Debt Securities)
￦

Question No. 1
ￌ¥§©￦º¥°¹©￦ ‫ڹ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
ￓ¹°¸­´°½￦¦½Ό￦ￔ³±­²¥°￦¶¥¸©￦ ‫ܫڶڵ‬
ￓ¹°¸­´°½￦¦½Ό￦ￓ³²¸¬·￦³¹¸·¸¥²¨­²«￦ ‫ڶڵ‬ϑ‫ڶڵ‬￦
ￏ²¸©¶©·¸￦ￏ²§³±©￦ ￦ ￦ (C)￦ ‫ڴڴں‬Ζ‫ڴڴڴ‬￦
￦
Question No. 2
ￌ¥­¶￦º¥°¹©￦³ª￦¸¬©￦¦³²¨·￦Ϯ‫ڹ‬ￓ￦￞￦‫ڸڴڵ‬ϯ￦ ‫ڹ‬Ζ‫ڴڴڶ‬Ζ‫ڴڴڴ‬
ￒ©··Ό￦￉¥¶¶½­²«￦º¥°¹©￦ ‫ڹ‬Ζ‫ڽڻڷ‬Ζ‫ڽڻڴ‬￦
ￛ²¶©¥°­¾©¨￦«¥­²￦Ϯ³¶￦°³··ϯΟￖ̲ￒ￦ (B)￦ Ϯ‫ڽڻڵ‬Ζ‫ڽڻڴ‬ϯ￦
￦
Question No. 3￦
￦

ￔ©¸￦￙©°°­²«￦ￖ¶­§©￦Ϯ‫ڹ‬ￓ￦¼￦‫ڏ‬￦¼￦‫ڹڴڵ‬ϯ￦ ‫ڶ‬Ζ‫ڹڶں‬Ζ‫ڴڴڴ‬
ￒ©··Ό￦￉¥¶¶½­²«￦º¥°¹©￦Ϯ‫ڹ‬ￓ￦¼￦‫ڏ‬￦¼￦‫ڸڴڵ‬ϯ￦ ‫ڶ‬Ζ‫ڴڴں‬Ζ‫ڴڴڴ‬￦
ￍ¥­²￦Ϯ³¶￦°³··ϯ￦³²￦·¥°©￦ ￦ (B)￦ ‫ڹڶ‬Ζ‫ڴڴڴ‬￦
￦
Question No. 4
ￌ¥§©￦º¥°¹©￦Ϯ‫ڹ‬ￓ￦￦¼￦‫ڏ‬ϯ￦ ‫ڶ‬Ζ‫ڴڴڹ‬Ζ‫ڴڴڴ‬￦
ￓ¹°¸­´°½￦¦½Ό￦ￔ³±­²¥°￦¶¥¸©￦ ‫ܫڶڵ‬
ￓ¹°¸­´°½￦¦½Ό￦ￓ³²¸¬·￦³¹¸·¸¥²¨­²«￦ ‫ڶڵ‬ϑ‫ڶڵ‬￦
ￏ²¸©¶©·¸￦ￏ²§³±©￦ ￦ ￦ (B)￦ ‫ڴڴڷ‬Ζ‫ڴڴڴ‬￦
￦
ￔ³¸©￦ ¸¬¥¸￦ ­²¸©¶©·¸￦ ­²§³±©￦ ­·￦ §³±´¹¸©¨￦ ª³¶￦ ¸¬©￦ »¬³°©￦ ½©¥¶￦ ©º©²￦ ¸¬³¹«¬￦ ¸¬©￦
¦¹·­²©··￦±³¨©°￦»¥·￦§¬¥²«©¨￦³²￦￐¹°½￦‫ڵ‬Ζ￦‫ڼڵڴڶ‬￦·­²§©￦¶©§°¥··­ª­§¥¸­³²￦¨¥¸©￦»­°°￦¦©￦
³²￦¸¬©￦ª­¶·¸￦¨¥½￦³ª￦¸¬©￦²©¼¸￦¶©´³¶¸­²«￦´©¶­³¨￦Ϯ￐¥²¹¥¶½￦‫ڵ‬Ζ￦‫ڽڵڴڶ‬ϯΚ￦ￚ¬©￦­²º©·¸±©²¸￦
¸¬©¶©ª³¶©￦»³¹°¨￦¦©￦§³²¸­²¹©¨￦ ¸³￦¦©￦ ¶©´³¶¸©¨￦ ¥·￦ ¬©°¨￦ª³¶￦ ¸¶¥¨­²«￦³²￦ ￊ©§©±¦©¶￦
‫ڵڷ‬Ζ￦‫ڼڵڴڶ‬Κ￦
￦
Question No. 5
ￌ¥­¶￦º¥°¹©￦³ª￦¸¬©￦¦³²¨·￦³²￦¸¬©￦ ‫ڶ‬Ζ‫ڴڴں‬Ζ‫ڴڴڴ‬￦
¶©§°¥··­ª­§¥¸­³²￦¨¥¸©Ζ￦‫ڵ‬ϑ‫ڵ‬ϑ‫ڽڵڴڶ‬￦Ϯ‫ڶ‬Κ‫ڹ‬ￓ￦￞￦‫ڸڴڵ‬ϯ￦
ￒ©··Ό￦￉¥¶¶½­²«￦º¥°¹©￦Ϯ‫ڶ‬Κ‫ڹ‬ￓ￦￞￦‫ڵ‬Κ‫ڶڴ‬ϯ￦ ‫ڶ‬Ζ‫ڴڹڹ‬Ζ‫ڴڴڴ‬￦
ￛ²¶©¥°­¾©¨￦«¥­²￦Ϯ³¶￦°³··ϯΟￖ̲ￒ￦ (C)￦ ‫ڴڹ‬Ζ‫ڴڴڴ‬￦
￦

135
Chapter 16: Investment in Debt Securities

Question No. 6
ￌ¥­¶￦º¥°¹©￦³ª￦¸¬©￦¦³²¨·￦³²￦¸¬©￦ ‫ڶ‬Ζ‫ڴڴں‬Ζ‫ڴڴڴ‬￦
¶©§°¥··­ª­§¥¸­³²￦¨¥¸©Ζ￦‫ڵ‬ϑ‫ڵ‬ϑ‫ڽڵڴڶ‬￦Ϯ‫ڶ‬Κ‫ڹ‬ￓ￦￞￦‫ڸڴڵ‬ϯ￦
ￒ©··Ό￦￉¥¶¶½­²«￦º¥°¹©￦Ϯ‫ڶ‬Κ‫ڹ‬ￓ￦￞￦‫ڵ‬Κ‫ڶڴ‬ϯ￦ ‫ڶ‬Ζ‫ڴڹڹ‬Ζ‫ڴڴڴ‬￦
ￛ²¶©¥°­¾©¨￦«¥­²￦Ϯ³¶￦°³··ϯΟￕ￉ￏ￦ (A)￦ ‫ڴڹ‬Ζ‫ڴڴڴ‬￦
￦
SUMMARY OF ANSWERS:
1. C 2. B 3. B 4. B 5. C . A
￦
￦
PROBLEM 16-7 (Initial and Subsequent measurement, Derecognition and
Reclassification of FAAC Securities)

CASE NO. 1
Question No. 1
ￌ¥§©￦º¥°¹©￦ ‫ڹ‬Ζ‫ڽڻڷ‬Ζ‫ڽڻڴ‬￦
ￓ¹°¸­´°½￦¦½Ό￦ￔ³±­²¥°￦¶¥¸©￦ ‫ܫڴڵ‬￦
ￓ¹°¸­´°½￦¦½Ό￦ￓ³²¸¬·￦³¹¸·¸¥²¨­²« ‫ڶڵ‬ϑ‫ڶڵ‬
ￏ²¸©¶©·¸￦ￏ²§³±©￦ ￦ ￦ (B)￦ ‫ڻڷڹ‬Ζ‫ڼڴڽ‬￦

The present value of the bonds is computed as follows:
ￖ¶©·©²¸￦º¥°¹©￦³ª￦ￖ¶­²§­´¥°￦Ϯ‫ڹ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦¼￦‫ڴ‬Κ‫ڽڴڶں‬￦ϯ￦ ‫ڷ‬Ζ‫ڸڴڵ‬Ζ‫ڻڴں‬￦
ￇ¨¨Ό￦ￖ¶©·©²¸￦ￜ¥°¹©￦³ª￦­²¸©¶©·¸￦´¥½±©²¸·￦Ϯ‫ڴڴں‬Ζ‫ڴڴڴ‬￦￞￦‫ڷ‬Κ‫ڼڴڽڻ‬ϯ ‫ڶ‬Ζ‫ڸڻڶ‬Ζ‫ڶڻڸ‬￦
ￖ¶©·©²¸￦º¥°¹©￦³ª￦¸¬©￦­²º©·¸±©²¸￦¦³²¨·￦ ￦ ￦ ￦ ‫ڹ‬Ζ‫ڽڻڷ‬Ζ‫ڽڻڴ‬￦
￦

(Please carry all the decimal places in the computation)

Amortization table (original):
Interest Interest Premium Present
Date Collection Income Amortization value
‫ڵڴ‬ϑ‫ڵڴ‬ϑ‫ڻڵڴڶ‬￦ ￦ ￦ ￦ ‫ڹ‬Ζ‫ڽڻڷ‬Ζ‫ڽڻڴ‬￦
‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ڻڵڴڶ‬￦ ‫ڴڴں‬Ζ‫ڴڴڴ‬￦ 537,908 (C) ‫ڶں‬Ζ‫ڶڽڴ‬￦ ‫ڹ‬Ζ‫ںڵڷ‬Ζ‫ڻڼڽ‬￦
‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ڼڵڴڶ‬ ‫ڴڴں‬Ζ‫ڴڴڴ‬ ‫ڵڷڹ‬Ζ‫ڽڽں‬￦ ‫ڼں‬Ζ‫ڵڴڷ‬ ‫ڹ‬Ζ‫ڼڸڶ‬Ζ‫ڹڼں‬
‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ڽڵڴڶ‬￦ ‫ڴڴں‬Ζ‫ڴڴڴ‬￦ ‫ڸڶڹ‬Ζ‫ڽںڼ‬￦ ‫ڹڻ‬Ζ‫ڵڷڵ‬￦ ‫ڹ‬Ζ‫ڷڻڵ‬Ζ‫ڸڹڹ‬￦
‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ڴڶڴڶ‬￦ ‫ڴڴں‬Ζ‫ڴڴڴ‬￦ ‫ڻڵڹ‬Ζ‫ڹڹڷ‬￦ ‫ڶڼ‬Ζ‫ڹڸں‬￦ ‫ڹ‬Ζ‫ڴڽڴ‬Ζ‫ڽڴڽ‬￦
‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ڵڶڴڶ‬￦ ‫ڴڴں‬Ζ‫ڴڴڴ‬￦ ‫ڽڴڹ‬Ζ‫ڵڽڴ‬￦ ‫ڴڽ‬Ζ‫ڽڴڽ‬￦ ‫ڹ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
￦
Question No. 2
Nil. ￔ³￦¹²¶©¥°­¾©¨￦«¥­²￦³¶￦°³··￦­·￦¶©§³«²­¾©¨￦­ª￦¸¬©￦ª­²¥²§­¥°￦¥··©¸￦­·￦§°¥··­ª­©¨￦¥·￦
ª­²¥²§­¥°￦¥··©¸￦¥¸￦¥±³¶¸­¾©¨￦§³·¸Κ￦ (A)

Question No. 3￦
ￔ©¸￦￙©°°­²«￦ￖ¶­§©￦Ϯ‫ڹ‬ￓ￦¼￦‫ڏ‬￦¼￦‫ڹڴڵ‬ϯ￦ ‫ڶ‬Ζ‫ڹڶں‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦￉¥¶¶½­²«￦º¥°¹©￦Ϯ·©©￦¥±³¶¸­¾¥¸­³²￦ ‫ڶ‬Ζ‫ڼڹں‬Ζ‫ڸڽڸ‬
¸¥¦°©ϯ￦Ϯ‫ڹ‬Ζ‫ںڵڷ‬Ζ‫ڻڼڽ‬￦¼￦‫ڏ‬ϯ￦
ￍ¥­²￦Ϯ³¶￦°³··ϯ￦³²￦·¥°©￦ ￦ (C)￦ Ϯ‫ڷڷ‬Ζ‫ڸڽڸ‬ϯ￦

136
Chapter 16: Investment in Debt Securities

Question No. 4
￉¥¶¶½­²«￦º¥°¹©Ζ￦‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ ڻڵڴڶ‬Ϯ‫ڹ‬Ζ‫ںڵڷ‬Ζ‫ڻڼڽ‬￦¼￦‫ڏ‬ϯ￦ ‫ڶ‬Ζ‫ڼڹں‬Ζ‫ڸڽڸ‬￦
ￓ¹°¸­´°½￦¦½Ό￦ￔ³±­²¥°￦¶¥¸©￦ ‫ܫڴڵ‬￦
ￓ¹°¸­´°½￦¦½Ό￦ￓ³²¸¬·￦³¹¸·¸¥²¨­²«￦ ‫ڶڵ‬ϑ‫ڶڵ‬￦
ￏ²¸©¶©·¸￦ￏ²§³±©￦ ￦ ￦ (A)￦ ‫ڹںڶ‬Ζ‫ڽڸڼ‬￦
￦

ￔ³¸©￦ ¸¬¥¸￦ ­²¸©¶©·¸￦ ­²§³±©￦ ­·￦ §³±´¹¸©¨￦ ª³¶￦ ¸¬©￦ »¬³°©￦ ½©¥¶￦ ©º©²￦ ¸¬³¹«¬￦ ¸¬©￦
¦¹·­²©··￦±³¨©°￦»¥·￦§¬¥²«©¨￦³²￦￐¹°½￦‫ڵ‬Ζ￦‫ڼڵڴڶ‬￦·­²§©￦¶©§°¥··­ª­§¥¸­³²￦¨¥¸©￦»­°°￦¦©￦
³²￦¸¬©￦ª­¶·¸￦¨¥½￦³ª￦¸¬©￦²©¼¸￦¶©´³¶¸­²«￦´©¶­³¨￦Ϯ￐¥²¹¥¶½￦‫ڵ‬Ζ￦‫ڽڵڴڶ‬ϯΚ￦ￚ¬©￦­²º©·¸±©²¸￦
¸¬©¶©ª³¶©￦»³¹°¨￦¦©￦§³²¸­²¹©¨￦¸³￦¦©￦ ¶©´³¶¸©¨￦ ¥·￦ ￌ­²¥²§­¥°￦ￇ··©¸·￦¥¸￦ￇ±³¶¸­¾©¨￦
￉³·¸￦³²￦ￊ©§©±¦©¶￦‫ڵڷ‬Ζ￦‫ڼڵڴڶ‬Κ￦
￦
Question No. 5
ￌ¥­¶￦º¥°¹©￦³ª￦¸¬©￦¦³²¨·￦³²￦¸¬©￦ ‫ڶ‬Ζ‫ڴڴں‬Ζ‫ڴڴڴ‬￦
¶©§°¥··­ª­§¥¸­³²￦¨¥¸©Ζ￦‫ڵ‬ϑ‫ڵ‬ϑ‫ڽڵڴڶ‬￦Ϯ‫ڶ‬Κ‫ڹ‬ￓ￦￞￦‫ڸڴڵ‬ϯ￦
ￒ©··Ό￦￉¥¶¶½­²«￦º¥°¹©￦Ϯ‫ڶ‬Ζ‫ڼڹں‬Ζ‫ڸڽڸ‬￦￞￦‫ڵ‬Κ‫ڴڵ‬ϯ￦Ο ‫ڶ‬Ζ‫ڸڶں‬Ζ‫ڷڸڷ‬￦
‫ڴڴڷ‬Ζ‫ڴڴڴ‬ϯ￦
￘©§°¥··­ª­§¥¸­³²￦°³··Ο￦ￖ̲ￒ￦ (B)￦ Ϯ‫ڸڶ‬Ζ‫ڷڸڷ‬ϯ￦
￦
SUMMARY OF ANSWERS:
1. B 2. A 3. C 4. A 5. B
￦
￦
PROBLEM 16-8

Requirement No. 1
ￇ²²¹¥°￦©¼´©§¸©¨￦°³··￦ ￦
ￓ¹°¸­´°½￦¦½Ό￦ￖ¶©·©²¸￦º¥°¹©￦³ª￦³¶¨­²¥¶½￦¥²²¹­¸½￦ª³¶￦‫ڹ‬￦½©¥¶·￦¹·­²«￦
‫ܫڶڵ‬￦ ‫ڷ‬Κ‫ڼڸڴں‬￦
ￒ­ª©¸­±©￦©¼´©§¸©¨￦§¶©¨­¸￦°³··©·
￦
Requirement No. 2
ￇ²²¹¥°￦©¼´©§¸©¨￦°³··￦ ￦
ￓ¹°¸­´°½￦¦½Ό￦ￖ¶©·©²¸￦º¥°¹©￦³ª￦‫ڵ‬￦ª³¶￦‫ڹ‬￦½©¥¶·￦¹·­²«￦‫ܫڶڵ‬￦ Κ‫ڸڻںڹ‬￦
‫ڶڵ‬Ο±³²¸¬￦©¼´©§¸©¨￦§¶©¨­¸￦°³··©·￦ ￦
￦
Requirement No. 3
ￕ²￦­²­¸­¥°￦¶©§³«²­¸­³²Ζ￦￈¥²¯￦￉³±´¥²½￦¶©§³¶¨·￦¸¬©￦ª³°°³»­²«￦®³¹¶²¥°￦©²¸¶­©·Ό￦
￐¥²¹¥¶½￦‫ڵ‬Ζ￦￦ ￒ³¥²￦￘©§©­º¥¦°©￦ ‫ڵ‬Ζ‫ڴڴڹ‬Ζ‫ڴڴڴ‬￦
‫ڽڵڴڶ‬￦ ￦￦￦￦￉¥·¬￦ ￦ ‫ڵ‬Ζ‫ڴڴڹ‬Ζ‫ڴڴڴ‬￦
￦ To recognize loan asset at gross amount.
￦ ￦ ￦

￦ ￏ±´¥­¶±©²¸￦°³··￦ ￦ￖ̲ￒ￦ ‫ڵڵ‬Ζ‫ڼڸڷ‬￦ ￦

￦ ￦￦￦￦ￒ³··￦¥°°³»¥²§©￦­²￦￙ￌￖ￦ ￦ ‫ڵڵ‬Ζ‫ڼڸڷ‬￦
￦ To recognize 12-month expected credit losses.
￦

137
Chapter 16: Investment in Debt Securities

Requirement No. 4
ￏªΖ￦¥¸￦¸¬©￦©²¨￦³ª￦‫ڽڵڴڶ‬Ζ￦¸¬©¶©￦­·￦²³￦·­«²­ª­§¥²¸￦¨©¸©¶­³¶¥¸­³²￦³ª￦¸¬©￦§¶©¨­¸￦µ¹¥°­¸½Ζ￦
¸¬©¶©￦ »³¹°¨￦ ¦©￦ ²³￦ §¬¥²«©￦ ¸³￦ ¸¬©￦ ¶©§³«²­¸­³²￦ ³ª￦ ¸¬©￦ ‫ڶڵ‬Ο±³²¸¬￦ ©¼´©§¸©¨￦ §¶©¨­¸￦
°³··©·Κ￦￦
￦
Requirement No. 5
ￏªΖ￦¥¸￦¸¬©￦©²¨￦³ª￦‫ڽڵڴڶ‬Ζ￦¸¬©¶©￦­·￦¥￦·­«²­ª­§¥²¸￦¨©¸©¶­³¶¥¸­³²￦³ª￦¸¬©￦§¶©¨­¸￦µ¹¥°­¸½Ζ￦¸¬©￦
§³±´¥²½￦ ·¬³¹°¨￦ ¶©§³¶¨￦ lifetime￦ ©¼´©§¸©¨￦ §¶©¨­¸￦ °³··Κ￦ ￚ¬©￦ ¥±³¹²¸￦ ¸³￦ ¦©￦
¶©§³«²­¾©¨￦­·￦§³±´¹¸©¨￦¥·￦ª³°°³»·Ό￦
ￇ²²¹¥°￦©¼´©§¸©¨￦°³··￦ ￦
ￓ¹°¸­´°½￦¦½Ό￦ￖ¶©·©²¸￦º¥°¹©￦³ª￦³¶¨­²¥¶½￦¥²²¹­¸½￦ª³¶￦4 years￦¹·­²«￦
‫ܫڶڵ‬￦ ‫ڷ‬Κ‫ڷڻڷڴ‬￦
ￒ­ª©¸­±©￦©¼´©§¸©¨￦§¶©¨­¸￦°³··©·
ￒ©··Ό￦‫ڶڵ‬Ο±³²¸¬￦©¼´©§¸©¨￦§¶©¨­¸￦°³··￦¶©§³«²­¾©¨￦￐¥²¹¥¶½￦‫ڵ‬￦ ‫ڵڵ‬Ζ‫ڼڸڷ‬
ￏ±´¥­¶±©²¸￦°³··￦ ￦ￖ̲ￒ￦ ￦
￦

ￚ¬©￦®³¹¶²¥°￦©²¸¶½￦¸¬©¶©ª³¶©￦¸³￦¶©§³¶¨￦¸¬©￦­²§¶©¥·©￦­²￦¥°°³»¥²§©￦­·￦¥·￦ª³°°³»·Ό￦
ￊ©§Κ￦‫ڵڷ‬Ζ￦￦ ￏ±´¥­¶±©²¸￦°³··￦ ￦ￖ̲ￒ￦ ‫ڽڸ‬Ζ‫ڼڽڷ‬￦
‫ڽڵڴڶ‬￦ ￦￦￦￦ￒ³··￦¥°°³»¥²§©￦­²￦￙ￌￖ￦ ￦ ‫ڽڸ‬Ζ‫ڼڽڷ‬￦
￦ To recognize lifetime expected credit losses￦
￦
￦
PROBLEM 16-9
Requirement No. 1
￙­²§©￦ ¸¬©￦ ©¼´©§¸©¨￦ ´¶³¦¥¦­°­¸½￦ ³ª￦ ¨©ª¥¹°¸￦ ­·￦ ³²°½￦ ‫ܫڶ‬Ζ￦ ¸¬­·￦ ­·￦ ²³¸￦ §³²·­¨©¶©¨￦
·­«²­ª­§¥²¸Κ￦ￚ¬©¶©ª³¶©￦¸¬©￦￉³±´¥²½￦»­°°￦³²°½￦¶©§³«²­¾©￦‫ڶڵ‬Ο±³²¸¬￦©¼´©§¸©¨￦°³··Κ￦
￦
￦

Requirement No. 2
‫ڶڵ‬Ο±³²¸¬￦©¼´©§¸©¨￦§¶©¨­¸￦°³··￦­·￦§³±´¹¸©¨￦¥·￦ª³°°³»·Ό￦
Ζ‫ڴڴڴ‬￦
￦
￦
PROBLEM 16-10

Requirement No. 1
‫ܫڴڻ‬￦´¶³¦¥¦­°­¸½￦Ϯ‫ڸ‬Κ‫ڼ‬ￓ￦ ￦‫ڸ‬Κ‫ڼ‬ￓϯ￦ ‫ڴ‬￦
‫ܫڴڶ‬￦´¶³¦¥¦­°­¸½￦Ϯ‫ڸ‬Κ‫ڼ‬ￓ￦ ￦‫ڷ‬Κ‫ں‬ￓϯ￦￦ ‫ڵ‬Ζ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦
‫ܫڴڵ‬￦´¶³¦¥¦­°­¸½￦Ϯ‫ڸ‬Κ‫ڼ‬ￓ￦ ￦‫ڷ‬ￓϯ￦ ‫ڵ‬Ζ‫ڴڴڼ‬Ζ‫ڴڴڴ‬￦
ￚ³¸¥°￦©¼´©§¸©¨￦§¥·¬￦·¬³¶¸￦ª¥°°￦ ‫ڶ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦

Requirement No. 2
‫ܫڴڻ‬￦´¶³¦¥¦­°­¸½￦Ϯ‫ڸ‬Κ‫ڼ‬ￓ￦ ￦‫ڸ‬Κ‫ڼ‬ￓϯ￦¼￦‫ܫڴڻ‬￦ ‫ڴ‬￦
‫ܫڴڶ‬￦´¶³¦¥¦­°­¸½￦Ϯ‫ڸ‬Κ‫ڼ‬ￓ￦ ￦‫ڷ‬Κ‫ں‬ￓϯ￦¼￦‫ܫڴڶ‬￦ ‫ڴڸڷ‬Ζ‫ڴڴڴ‬￦
‫ܫڴڵ‬￦´¶³¦¥¦­°­¸½￦Ϯ‫ڸ‬Κ‫ڼ‬ￓ￦ ￦‫ڷ‬ￓϯ￦¼￦‫ܫڴڵ‬￦ ‫ڴڼڵ‬Ζ‫ڴڴڴ‬￦
ￖ¶³¦¥¦­°­¸½￦»©­«¬¸©¨￦§¥·¬￦·¬³¶¸ª¥°°￦ ‫ڴڶڸ‬Ζ‫ڴڴڴ‬￦
￦

138
Chapter 16: Investment in Debt Securities

Requirement No. 3
ￇ²²¹¥°￦§¥·¬￦·¬³¶¸ª¥°°￦ ‫ڴڶڸ‬Ζ‫ڴڴڴ‬
ￓ¹°¸­´°½￦¦½Ό￦ￖ¶©·©²¸￦º¥°¹©￦³ª￦¥²²¹­¸½￦¹·­²«￦‫ں‬Κ‫ܫڸ‬￦ª³¶￦‫ڹ‬￦½©¥¶·￦ ‫ڸ‬Κ‫ڽںںڵ‬￦
ￖ¶©·©²¸￦º¥°¹©￦ ￦°­ª©¸­±©￦©¼´©§¸©¨￦§¶©¨­¸￦°³··￦ ‫ڵ‬Ζ‫ڴڹڻ‬Ζ‫ڼڽڴ‬￦
￦
Requirement No. 4
ￇ²²¹¥°￦§¥·¬￦·¬³¶¸ª¥°°￦ ‫ڴڶڸ‬Ζ‫ڴڴڴ‬
ￓ¹°¸­´°½￦¦½Ό￦ￖ¶©·©²¸￦º¥°¹©￦³ª￦‫ڵ‬￦¹·­²«￦‫ں‬Κ‫ܫڸ‬￦ª³¶￦‫ڵ‬￦½©¥¶￦ Κ‫ڼڽڷڽ‬￦
ￖ¶©·©²¸￦º¥°¹©￦ ￦‫ڶڵ‬￦±³²¸¬￦©¼´©§¸©¨￦§¶©¨­¸￦°³··￦ ‫ڸڽڷ‬Ζ‫ںڵڻ‬￦
￦
Requirement No. 5
￐¥²Κ￦‫ڵ‬Ζ￦￦ ￒ³¥²￦¶©§©­º¥¦°©￦ ‫ڴڶ‬ￓ
‫ڽڵڴڶ‬￦ ￦￦￦￦￉¥·¬￦ ￦ ‫ڴڶ‬ￓ￦
￦ To recognize the loan at gross amount￦
￦ ￦ ￦ ￦

￦ ￏ±´¥­¶±©²¸￦°³··Ο￦ￖ̲ￒ￦ ‫ڸڽڷ‬Ζ‫ںڵڻ‬￦ ￦
￦ ￦￦￦ￒ³··￦¥°°³»¥²§©￦ ￙ￌￖ￦ ‫ڸڽڷ‬Ζ‫ںڵڻ‬
To recognize 12-month expected credit loss.
￦
￦
PROBLEM 16-11

Requirement No. 1
Customer: Gross Lifetime
Group A carrying Expected Expected
amount credit loss Credit Loss
ￔ³¸￦´¥·¸￦¨¹©￦ Ζ‫ڴڴڻ‬Ζ‫ڴڴڴ‬ ‫ڴ‬Κ‫ܫڷ‬￦ ‫ڻڵ‬Ζ‫ڴڴڵ‬
‫ڵ‬Ο‫ڴڷ‬￦¨¥½·￦´¥·¸￦¨¹©￦ ‫ڷ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦ ‫ڵ‬Κ‫ܫڶ‬￦ ‫ںڷ‬Ζ‫ڴڴڴ‬￦
‫ڵڷ‬Ο‫ڴں‬￦¨¥½·￦´¥·¸￦¨¹©￦ ‫ڵ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦ ‫ڷ‬Κ‫ܫڷ‬￦ ‫ڷڷ‬Ζ‫ڴڴڴ‬￦
‫ڵں‬Ο‫ڴڽ‬￦¨¥½·￦´¥·¸￦¨¹©￦ ‫ڶ‬Ζ‫ڴڴڶ‬Ζ‫ڴڴڴ‬ ‫ڼ‬Κ‫ܫڴ‬￦ ‫ںڻڵ‬Ζ‫ڴڴڴ‬
‫ڴڽܬ‬￦¨¥½·￦´¥·¸￦¨¹©￦ ￦￦￦￦￦￦￦￦‫ڴڴڼ‬Ζ‫ڴڴڴ‬￦ ‫ڵڵ‬Κ‫ܫڹ‬￦ ￦￦￦￦￦‫ڶڽ‬Ζ‫ڴڴڴ‬￦
ￚ³¸¥°￦ ‫ڶڵ‬Ζ‫ڴڴڻ‬Ζ‫ڴڴڴ‬￦ ￦ ‫ڸڹڷ‬Ζ‫ڴڴڵ‬￦
￦
Customer: Gross Lifetime
Group B carrying Expected Expected
amount credit loss Credit Loss
ￔ³¸￦´¥·¸￦¨¹©￦ ‫ڷ‬Ζ‫ڴڴڻ‬Ζ‫ڴڴڴ‬ ‫ڴ‬Κ‫ܫڷ‬￦ ‫ڵڵ‬Ζ‫ڴڴڵ‬
‫ڵ‬Ο‫ڴڷ‬￦¨¥½·￦´¥·¸￦¨¹©￦ ‫ڵ‬Ζ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦ ‫ڵ‬Κ‫ܫڹ‬￦ ‫ڼڵ‬Ζ‫ڴڴڴ‬￦
‫ڵڷ‬Ο‫ڴں‬￦¨¥½·￦´¥·¸￦¨¹©￦ ‫ڵ‬Ζ‫ڴڴڹ‬Ζ‫ڴڴڴ‬￦ ‫ڷ‬Κ‫ܫڽ‬￦ ‫ڼڹ‬Ζ‫ڴڴڹ‬￦
‫ڵں‬Ο‫ڴڽ‬￦¨¥½·￦´¥·¸￦¨¹©￦ ‫ڴڴڼ‬Ζ‫ڴڴڴ‬ ‫ڻ‬Κ‫ܫڶ‬￦ ‫ڻڹ‬Ζ‫ڴڴں‬
‫ڴڽܬ‬￦¨¥½·￦´¥·¸￦¨¹©￦ ￦￦￦￦￦￦‫ڴڴڽ‬Ζ‫ڴڴڴ‬￦ ‫ڼ‬Κ‫ܫڷ‬￦ ￦￦￦￦￦‫ڸڻ‬Ζ‫ڴڴڻ‬￦
ￚ³¸¥°￦ ￦ ￦ ‫ڽڵڶ‬Ζ‫ڴڴڽ‬￦
￦

‫ڸڻڹ‬Ζ‫ڴڴڴ‬￦ ‫ڸڹڷ‬Ζ‫ڴڴڵ‬ ‫ڽڵڶ‬Ζ‫ڴڴڽ‬ϯΚ￦

￦

139
‫‪Chapter 16: Investment in Debt Securities‬‬

‫ ‪Requirement No. 2‬‬

‫‪ￍ¶³··￦§¥¶¶½­²«￦¥±³¹²¸￦Ϯ‬‬ ‫‪￦‬ܩ‬ ‫‪ϯ￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڴڼ‪Ζ‬ڴڶ‬
‫‪ￒ©··Ό￦ￒ­ª©¸­±©￦©¼´©§¸©¨￦§¶©¨­¸￦°³··￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڸڻڹ‬
‫‪ￇ±³¶¸­¾©¨￦§³·¸￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ںڶڶ‪Ζ‬ڴڶ‬
‫‪￦‬‬
‫‪￦‬‬
‫ ‪PROBLEM 16-12‬‬
‫ ܫڶڷڽڵ‪Κ‬ں @ ‪Amortization Table‬‬
‫ ‪Interest‬‬ ‫ ‪Interest‬‬ ‫ ‪Present‬‬
‫ ‪Date‬‬ ‫ ‪Collection‬‬ ‫ ‪Income‬‬ ‫ ‪Amortization‬‬ ‫ ‪value‬‬
‫‪￦‬ڽڵڴڶ‪Ζ￦‬ڵ‪￐¥²¹¥¶½￦‬‬ ‫‪￦￦‬‬ ‫‪￦￦‬‬ ‫‪￦￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴ‬
‫ڽڵڴڶ‪Ζ￦‬ڵڷ‪ￊ©§©±¦©¶￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڴڵ‬ ‫ڴڻں‪Ζ‬ڻڵڵ‬ ‫‪￦‬ڴڻں‪Ζ‬ڻڵ‬ ‫‪￦‬ڴڻں‪Ζ‬ڻڵڽ‪Ζ‬ڵ‬
‫‪￦‬ڴڶڴڶ‪Ζ￦‬ڵڷ‪ￊ©§©±¦©¶￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڴڵ‬ ‫‪￦‬ںںڻ‪Ζ‬ڼڵڵ‬ ‫‪￦‬ںںڻ‪Ζ‬ڼڵ‬ ‫‪￦‬ںڷڸ‪Ζ‬ںڷڽ‪Ζ‬ڵ‬
‫‪￦‬ڵڶڴڶ‪Ζ￦‬ڵڷ‪ￊ©§©±¦©¶￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڴڵ‬ ‫‪￦‬ڼڶڽ‪Ζ‬ڽڵڵ‬ ‫‪￦‬ڼڶڽ‪Ζ‬ڽڵ‬ ‫‪￦‬ڸںڷ‪Ζ‬ںڹڽ‪Ζ‬ڵ‬
‫ڶڶڴڶ‪Ζ￦‬ڵڷ‪ￊ©§©±¦©¶￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڴڵ‬ ‫ڶںڵ‪Ζ‬ڵڶڵ‬ ‫‪￦‬ڶںڵ‪Ζ‬ڵڶ‬ ‫‪￦‬ڸڶڹ‪Ζ‬ڻڻڽ‪Ζ‬ڵ‬
‫‪￦‬ڷڶڴڶ‪Ζ￦‬ڵڷ‪ￊ©§©±¦©¶￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڴڵ‬ ‫‪￦‬ڶڻڸ‪Ζ‬ڶڶڵ‬ ‫‪￦‬ڶڻڸ‪Ζ‬ڶڶ‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڴڴ‪Ζ‬ڶ‬
‫‪￦‬‬
‫ ‪Requirement No. 1‬‬
‫‪ￏ²º©·¸±©²¸￦­²￦￈³²¨·￦ ￦ￌￜￚￕ￉ￏ‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڴڽ‪Ζ‬ڵ‬
‫‪￦￦￦￦￉¥·¬￦‬‬ ‫‪￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڴڽ‪Ζ‬ڵ‬
‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬

‫‪ￏ±´¥­¶±©²¸￦°³··￦ ￦ￖ̲ￒ￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڵ‬

‫‪￦￦￦￦ￒ³··￦¥°°³»¥²§©￦Ο￦ￕ￉ￏ￦‬‬ ‫‪￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڵ‬
‫‪￦‬‬
‫ ‪Requirement No. 2‬‬
‫‪ϯ￦‬ܫڹ‪￦¼￦‬ڴڴڴ‪Ζ‬ڴڴڴ‪Ζ‬ڶ‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڴڵ‬
‫‪ￏ²º©·¸±©²¸￦­²￦￈³²¨·￦ ￦ￌￜￚￕ￉ￏ‬‬ ‫‪￦‬ڴڻں‪Ζ‬ڻڵ‬
‫‪￦￦￦￦‬‬ ‫‪ϯ￦‬ܫڶڷڽڵ‪Κ‬ں‪￦¼￦‬ڴڴڴ‪Ζ‬ڴڴڽ‪Ζ‬ڵ‬ ‫‪￦‬‬ ‫‪￦‬ڴڻں‪Ζ‬ڻڵڵ‬
‫ ‪To record interest collection and amortization.‬‬ ‫ ‬ ‫ ‬
‫‪￦‬‬
‫ ‪Requirement No. 3‬‬
‫‪ￏª￦¦³¸¬￦´¶­±©￦¶¥¸©￦‬‬
‫‪ￏª￦­²¸©¶©·¸￦¬¥·￦²³¸￦‬‬ ‫‪ￏª￦³²°½￦´¶­±©￦¶¥¸©￦‬‬ ‫‪¥²¨￦§¶©¨­¸￦¶­·¯￦‬‬
‫‪￦‬‬ ‫‪§¬¥²«©¨￦‬‬ ‫‪￦‬ܫڹڶ‪§¬¥²«©¨￦¦½￦‬‬ ‫‪§¬¥²«©¨￦‬‬
‫‪ￊ­·§³¹²¸￦¶¥¸©￦‬‬ ‫‪￦‬ܫڶڷڽڵ‪Κ‬ں‬ ‫‪￦‬ܫڶڷڸڸ‪Κ‬ں‬ ‫‪￦‬ܫڶڷڸڽ‪Κ‬ں‬
‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬

‫‪ￖ¶©·©²¸￦º¥°¹©Ό￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬

‫‪￦￦ￖ¶­²§­´¥°￦‬‬ ‫‪￦‬ڴڽں‪Ζ‬ڶڻڹ‪Ζ‬ڵ‬ ‫‪￦‬ڼںڽ‪Ζ‬ڻڹڹ‪Ζ‬ڵ‬ ‫‪￦‬ڸڷڴ‪Ζ‬ڽڶڹ‪Ζ‬ڵ‬
‫‪￦￦ￏ²¸©¶©·¸￦‬‬ ‫‪￦‬ڴڼڽ‪Ζ‬ڸڸڷ‬ ‫‪￦‬ڶڶڴ‪Ζ‬ڷڸڷ‬ ‫ںڹڵ‪Ζ‬ڽڷڷ‪￦￦￦‬‬
‫‪ￚ³¸¥°￦ￖￜ￦‬‬ ‫‪￦‬ڴڻں‪Ζ‬ڻڵڽ‪Ζ‬ڵ‪Є￦‬‬ ‫‪￦‬ڴڽڽ‪Ζ‬ڴڴڽ‪Ζ‬ڵ‬ ‫‪￦‬ڴڽڵ‪Ζ‬ڼںڼ‪Ζ‬ڵ‬
‫‪Є￈¥·©¨￦³²￦¸¬©￦¥±³¶¸­¾¥¸­³²￦¸¥¦°©Κ￦‬‬
‫‪￦‬‬

‫‪ￚ¬©￦§¬¥²«©￦­²￦ª¥­¶￦º¥°¹©￦±¥½￦¦©￦¥²¥°½¾©¨￦¥·￦ª³°°³»·Ό￦‬‬
‫‪ￇ§§¶©¸­³²￦ ¨¹©￦ ¸³￦ ¸­±©￦ ª¥§¸³¶￦ ¥·￦ ­²¸©¶©·¸￦ ­²§³±©￦ Ϯￊ­·§³¹²¸￦‬‬
‫‪¥±³¶¸­¾¥¸­³²ϯ￦‬‬ ‫‪￦‬ڴڻں‪Ζ‬ڻڵ‪￦‬‬
‫‪ϯ￦‬ڴڽڽ‪Ζ‬ڴڴڽ‪Ζ‬ڵ‪￦Ο￦ ￦‬ڸڻں‪Ζ‬ڻڵڽ‪Ζ‬ڵ‬ ‫‪ϯ￦‬ڸڼں‪Ζ‬ںڵ‪Ϯ‬‬
‫‪ϯ‬ڴڽڵ‪Ζ‬ڼںڼ‪Ζ‬ڵ‪￦Ο￦ ￦‬ڴڽڽ‪Ζ‬ڴڴڽ‪Ζ‬ڵ‬ ‫‪ϯ￦‬ڴڴڼ‪Ζ‬ڶڷ‪Ϯ‬‬
‫‪ϯ‬ڴڽڵ‪Ζ‬ڼںڼ‪Ζ‬ڵ‪￦Ο￦ ￦‬ڴڴڴ‪Ζ‬ڴڴڽ‪Ζ‬ڵ‬ ‫‪￦‬ڴڵڼ‪Ζ‬ڵڷ‪￦‬‬
‫‪140‬‬
Chapter 16: Investment in Debt Securities

Requirement No. 4
ￛ²¶©¥°­¾©¨￦°³··￦ ‫ںڵ‬Ζ‫ڸڼں‬￦ Ζ‫ڴڴڴ‬ϯ￦ ‫ںڶ‬Ζ‫ڸڼں‬￦
ￏ±´¥­¶±©²¸￦°³··￦ ￦ ‫ڶڷ‬Ζ‫ڴڴڼ‬￦Ο￦ ‫ڴڵ‬Ζ‫ڴڴڴ‬ϯ￦ ‫ڶڶ‬Ζ‫ڴڴڼ‬￦ ￦
￦￦￦￦ Ο￦ Ζ‫ڴڴڴ‬ϯ￦ ￦ ‫ڶڶ‬Ζ‫ڴڴڼ‬￦
￦￦￦￦ￏ²º©·¸±©²¸￦­²￦￈³²¨·￦ ￦ￌￜￚￕ￉ￏ ￦ ‫ںڶ‬Ζ‫ڸڼں‬
To record impairment loss in profit or loss and decrease in fair value of asset.
￦

ￌ¥­¶￦º¥°¹©￦ ￦‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ڼڵڴڶ‬￦ ‫ڵ‬Ζ‫ڼںڼ‬Ζ‫ڴڽڵ‬￦

ￒ©··Ό￦ￇ±³¶¸­¾©¨￦§³·¸￦Ϯ·©©￦¥±³¶¸­¾¥¸­³²￦¸¥¦°©ϯ￦ ‫ڵ‬Ζ‫ڻڵڽ‬Ζ‫ڴڻں‬￦
ￊ©§¶©¥·©￦­²￦ª¥­¶￦º¥°¹©￦ Ϯ‫ڽڸ‬Ζ‫ڴڼڸ‬ϯ￦
ￒ©··Ό￦ￊ©§¶©¥·©￦­²￦ª¥­¶￦º¥°¹©￦¨¹©￦¸³￦§¶©¨­¸￦¶­·¯￦‫ܥ‬￦impairment￦ ‫ڶڶ‬Ζ‫ڴڴڼ‬￦
ￊ©§¶©¥·©￦­²￦ª¥­¶￦º¥°¹©￦ ￕ￉ￏ ‫ںڶ‬Ζ‫ڴڼں‬ϯ￦
￦
Requirement No. 5
ￏ²º©·¸±©²¸￦­²￦￈³²¨·￦ ￦ￌￜￚￕ￉ￏ￦ ￦‫ڵڴ‬ϑ‫ڵڴ‬ϑ‫ڼڵڴڶ‬￦ ‫ڵ‬Ζ‫ڴڴڽ‬Ζ‫ڴڴڴ‬￦
ￇ¨¨Ό￦ￊ­·§³¹²¸￦ￇ±³¶¸­¾¥¸­³²￦ ‫ڻڵ‬Ζ‫ڴڻں‬￦
ￒ©··Ό￦ￊ©§¶©¥·©￦­²￦ª¥­¶￦º¥°¹©￦ ‫ںڶ‬Ζ‫ڸڼں‬
ￒ©··Ό￦ￏ±´¥­¶±©²¸￦°³··￦ ‫ڶڶ‬Ζ‫ڴڴڼ‬￦
￉¥¶¶½­²«￦¥±³¹²¸￦‫ܥ‬￦ￌ¥­¶￦º¥°¹©￦‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ڼڵڴڶ‬￦ ‫ڵ‬Ζ‫ڼںڼ‬Ζ‫ںڼڵ‬￦
￦
￦
PROBLEM 16-13 Expected Credit Loss - Derecognition
Requirement No. 1
￉¥·¬￦ ￦
ￒ³··￦¥°°³»¥²§©￦ ￙ￌￖ￦ ‫ڷڷڸ‬Ζ‫ڴڴڴ‬￦
￦￦￦￦ￏ²º©·¸±©²¸￦­²￦￈³²¨·￦ ￦ￌￇￇ￉￦ ￦ Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
￦
Requirement No. 2
￦
￉¥·¬￦ ‫ڹ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
￦￦￦￦ￏ²º©·¸±©²¸￦­²￦￈³²¨·￦ ￦ￌￇￇ￉￦ ￦ ‫ڹ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
￦ ￦ ￦

ￒ³··￦¥°°³»¥²§©￦ ￙ￌￖ￦ ‫ڷڷڸ‬Ζ‫ڴڴڴ‬￦

￦￦￦￦ￍ¥­²￦³²￦¶©º©¶·¥°￦³ª￦­±´¥­¶±©²¸￦ ￦ ‫ڷڷڸ‬Ζ‫ڴڴڴ‬￦

Requirement No. 3
￉¥·¬￦ Ζ‫ڴڴڹ‬Ζ‫ڴڴڴ‬￦
ￒ³··￦¥°°³»¥²§©￦ ￦￙ￌￖ￦ ‫ڷڷڸ‬Ζ‫ڴڴڴ‬￦ ￦
ￏ±´¥­¶±©²¸￦°³··￦ ￦ￖ̲ￒ￦ ‫ڻں‬Ζ‫ڴڴڴ‬￦ ￦
￦￦￦￦ￏ²º©·¸±©²¸￦­²￦￈³²¨·￦ ￦ￌￇￇ￉ ￦ ‫ڹ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬
￦
￦
PROBLEM 16-13 Impairment of Financial Asset at Amortized Cost
SOLUTION:
￦

Question No. 1
￉¥¶¶½­²«￦¥±³¹²¸￦³ª￦¸¬©￦­²º©·¸±©²¸￦ ‫ڶڵ‬ϑ‫ڵڷ‬￦ ‫ڷ‬Ζ‫ڸںڼ‬Ζ‫ڴڼں‬￦
ￒ©··Ό￦ￖ¶©·©²¸￦º¥°¹©￦³ª￦©¼´©§¸©¨￦§¥·¬￦ª°³»·￦Ϯ«©¸￦¸¬©￦´¶©·©²¸￦º¥°¹©￦ ￦
141
Chapter 16: Investment in Debt Securities

§³±´¹¸©¨￦¹·­²«￦original effective rateϯ￦ ‫ڷ‬Ζ‫ڼڼڵ‬Ζ‫ڴڴڼ‬￦

ￏ±´¥­¶±©²¸￦°³··￦￦ ￦ ￦ ￦ (B)￦ ‫ڹڻں‬Ζ‫ڴڼڼ‬￦
￦
Question No. 2
ￏ²¸©¶©·¸￦­²§³±©￦Ϯ‫ڷ‬Ζ‫ڼڼڵ‬Ζ‫ڴڴڼ‬￦¼￦‫ܫڶڵ‬ϯ￦‫ܥ‬￦382,656 (D)
￦
￦
PROBLEM 16-14 Reversal of Impairment on Financial Asset at Amortized
Cost
￦

ￖ¶©·©²¸￦ￜ¥°¹©￦³ª￦ￖ¶­²§­´¥°￦Ϯ‫ڹ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦¼ ‫ڴ‬Κ‫ڽڶڽڼ‬ϯ￦ ‫ڸ‬Ζ‫ڸںڸ‬Ζ‫ڴڴڹ‬

ￇ¨¨Ό￦ￖ¶©·©²¸￦ￜ¥°¹©￦³ª￦­²¸©¶©·¸￦´¥½±©²¸·￦Ϯ‫ڴڴڹ‬Ζ‫ڴڴڴ‬￦¼￦‫ڶ‬￦¼￦‫ڴ‬Κ‫ڽڶڽڼ‬ϯ￦ ‫ڶڽڼ‬Ζ‫ڴڴڽ‬￦
ￖ¶©·©²¸￦º¥°¹©￦³ª￦¸¬©￦­²º©·¸±©²¸￦¦³²¨·￦ ‫ڹ‬Ζ‫ڻڹڷ‬Ζ‫ڴڴڸ‬￦
￦

CASE NO. 1 PAS 39￦

ￖ¶©·©²¸￦º¥°¹©￦©¼´©§¸©¨￦§¥·¬￦ª°³»·Ζ￦¨¥¸©￦³ª￦¶©º©¶·¥°￦ ‫ڹ‬Ζ‫ڻڹڷ‬Ζ‫ڴڴڸ‬￦
￝³¹°¨￦¬¥º©￦¦©©²￦´¶©·©²¸￦º¥°¹©￦¬¥¨￦¸¬©¶©￦¦©©²￦²³￦­±´¥­¶±©²¸ ‫ڸ‬Ζ‫ڴڵڽ‬Ζ‫ڵڶڹ‬￦
￦ ￦

ￒ³»©¶￦³ª￦¸¬©￦¸»³￦¥¦³º©￦ ‫ڸ‬Ζ‫ڴڵڽ‬Ζ‫ڵڶڹ‬￦
ￒ©··Ό￦ￇ§¸¹¥°￦¥±³¶¸­¾©¨￦§³·¸￦Ϯￖ‫ڷ‬Ζ‫ںڼڽ‬Ζ‫ڴڴڴ‬￦¼￦‫ڵ‬Κ‫ڶڵ‬ϯ￦ ‫ڸ‬Ζ‫ڸںڸ‬Ζ‫ڴڶڷ‬￦
ￍ¥­²￦³²￦¶©º©¶·¥°￦³ª￦­±´¥­¶±©²¸￦￦ ‫ںڸڸ‬Ζ‫ڵڴڶ‬￦
￦
CASE NO. 2 PFRS 9
ￖ¶©·©²¸￦º¥°¹©￦©¼´©§¸©¨￦§¥·¬￦ª°³»·Ζ￦¨¥¸©￦³ª￦¶©º©¶·¥°￦ ‫ڹ‬Ζ‫ڻڹڷ‬Ζ‫ڴڴڸ‬￦
ￒ©··Ό￦ￇ§¸¹¥°￦¥±³¶¸­¾©¨￦§³·¸￦Ϯￖ‫ڷ‬Ζ‫ںڼڽ‬Ζ‫ڴڴڴ‬￦¼￦‫ڵ‬Κ‫ڶڵ‬ϯ￦ ‫ڸ‬Ζ‫ڸںڸ‬Ζ‫ڴڶڷ‬￦
ￍ¥­²￦³²￦¶©º©¶·¥°￦³ª￦­±´¥­¶±©²¸￦￦ ‫ڷڽڼ‬Ζ‫ڴڼڴ‬￦
￦
COMPREHENSIVE PROBLEMS
PROBLEM 16-15￦
￦

Question No. 1
￉³·¸￦³ª￦­²º©·¸±©²¸￦ ￦￐¥²Κ￦‫ڵڶ‬Ϯￖ‫ڶ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦¼￦‫ܫڶڴڵ‬ϯ￦‫ܥ‬￦P2,040,000￦ (A)￦
￦
Question No. 2
ￖ¶³§©©¨·￦ ￦￦ ￦￦ ￖ￦‫ڵ‬Ζ‫ڴںڴ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦ￇ§§¶¹©¨￦­²¸©¶©·¸￦Ϯￖ‫ڵ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦¼￦‫ܫڽ‬￦¼￦‫ڷ‬ϑ‫ڶڵ‬ϯ￦ ￦ ￦ ￦￦ ￦ ￦ ‫ڶڶ‬Ζ‫ڴڴڹ‬￦
ￔ©¸￦ￖ¶³§©©¨·￦ ￦￦ ￦￦ ￦ ￦‫ڵ‬Ζ‫ڻڷڴ‬Ζ‫ڴڴڹ‬￦
ￒ©··Ό￦￉¥¶¶½­²«￦¥±³¹²¸￦Ϯￖ‫ڶ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦¼￦‫ܫڶڴڵ‬ϯ￦ ￦￦ ￦￦ ￦ ‫ڵ‬Ζ‫ڴڶڴ‬Ζ‫ڴڴڴ‬￦￦
ￍ¥­²￦³²￦·¥°©￦ ￦ (A)￦ ￦ ￖ￦￦￦￦￦ ‫ڻڵ‬Ζ‫ڴڴڹ‬￦
￦
Question No. 3
ￖ¶³§©©¨·￦￦ ￦￦ ￦￦ ￖ￦￦￦￦‫ڽڵڸ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦ￇ§§¶¹©¨￦­²¸©¶©·¸￦Ϯￖ‫ڴڴڸ‬Ζ‫ڴڴڴ‬￦¼￦‫ܫڽ‬￦¼￦‫ڹ‬ϑ‫ڶڵ‬ϯ￦ ￦ ￦ ￦￦ ￦ ￦ ‫ڹڵ‬Ζ‫ڴڴڴ‬￦
ￔ©¸￦´¶³§©©¨·￦ ￦￦ ￦￦ ￦ ￦ ‫ڸڴڸ‬Ζ‫ڴڴڴ‬￦
￉¥¶¶½­²«￦¥±³¹²¸￦Ϯￖ‫ڴڴڸ‬Ζ‫ڴڴڴ‬￦¼￦‫ܫڶڴڵ‬ϯ￦ ￦￦ ￦￦ ￦ ￦ ‫ڼڴڸ‬Ζ‫ڴڴڴ‬￦
ￒ³··￦³²￦·¥°©￦ ￦￦ (A) ￦ Ϯ￦￦ ‫ڸ‬Ζ‫ڴڴڴ‬￦ϯ￦
￦
Question No. 4
142
Chapter 16: Investment in Debt Securities

￙³°¨￦¦³²¨·Ό￦
￦￦￦ￖ‫ڵ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦¼￦‫ܫڽ‬￦¼￦‫ڼڷ‬ϑ‫ڴںڷ‬￦ ￦￦ ￦￦ ￖ￦￦￦￦￦￦￦￦ ‫ڽ‬Ζ‫ڴڴڹ‬￦
￦￦￦ￖ‫ڴڴڸ‬Ζ‫ڴڴڴ‬￦¼￦‫ܫڽ‬￦¼￦‫ڴڼڶ‬ϑ‫ڴںڷ‬￦ ￦￦ ￦￦ ￦ ￦ ‫ڼڶ‬Ζ‫ڴڴڴ‬￦
ￕ¹¸·¸¥²¨­²«￦¦³²¨·Ό￦
￦￦ￖ‫ڴڴں‬Ζ‫ڴڴڴ‬￦¼￦‫ܫڽ‬￦¼￦‫ڴڸڷ‬ϑ‫ڴںڷ‬￦ ￦￦ ￦￦ ￦ ￦ ‫ڵڹ‬Ζ‫ڴڴڴ‬￦
ￚ³¸¥°￦­²¸©¶©·¸￦­²§³±©￦ ￦￦ (A) ￦ ￖ￦￦￦￦￦￦‫ڼڼ‬Ζ‫ڴڴڹ‬￦
￦
Question No. 5
￉¥¶¶½­²«￦º¥°¹©￦ ￦‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ڼڵڴڶ‬￦Ϯￖ‫ڴڴں‬Ζ‫ڴڴڴ‬￦¼￦‫ܫڶڴڵ‬ϯ￦‫ܥ‬￦ￖ‫ڶڵں‬Ζ‫ڴڴڴ‬￦ (A)￦
ￚ¬©￦±¥¶¯©¸￦º¥°¹©￦­·￦©µ¹¥°￦¸³￦­¸·￦§³·¸Κ￦
￦

SUMMARY OF ANSWERS:
1. A 2. A 3. A 4. A 5. A


PROBLEM 16-16 Impairment and Reversal of Impairment Loss

CASE NO. 1 PAS 39￦
Question No. 1
ￖ¶©·©²¸￦º¥°¹©￦³ª￦ￖ¶­²§­´¥°￦Ϯ‫ڹ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦¼￦‫ڴ‬Κ‫ڽڴڶں‬￦ϯ￦ ‫ڷ‬Ζ‫ڸڴڵ‬Ζ‫ڻڴں‬￦
ￇ¨¨Ό￦ￖ¶©·©²¸￦ￜ¥°¹©￦³ª￦­²¸©¶©·¸￦´¥½±©²¸·￦Ϯ‫ڴڴں‬Ζ‫ڴڴڴ‬￦￞￦‫ڷ‬Κ‫ڼڴڽڻ‬ϯ￦ ‫ڶ‬Ζ‫ڸڻڶ‬Ζ‫ڶڻڸ‬￦
ￖ¶©·©²¸￦º¥°¹©￦³ª￦¸¬©￦­²º©·¸±©²¸￦¦³²¨·￦ ‫ڹ‬Ζ‫ڽڻڷ‬Ζ‫ڽڻڴ‬￦
￦

(Please carry all the decimal places in the computation)

￦
Question No. 2
Amortization table (original):
Interest Interest Premium Present
Date Collection Income Amortization value
‫ڵڴ‬ϑ‫ڵڴ‬ϑ‫ڻڵڴڶ‬ ￦ ‫ڹ‬Ζ‫ڽڻڷ‬Ζ‫ڽڻڴ‬
‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ڻڵڴڶ‬￦ ‫ڴڴں‬Ζ‫ڴڴڴ‬￦ 537,908 ‫ڶں‬Ζ‫ڶڽڴ‬￦ ‫ڹ‬Ζ‫ںڵڷ‬Ζ‫ڻڼڽ‬￦
‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ڼڵڴڶ‬￦ ‫ڴڴں‬Ζ‫ڴڴڴ‬￦ ‫ڵڷڹ‬Ζ‫ڽڽں‬￦ ‫ڼں‬Ζ‫ڵڴڷ‬￦ ‫ڹ‬Ζ‫ڼڸڶ‬Ζ‫ڹڼں‬￦
‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ڽڵڴڶ‬ ‫ڴڴں‬Ζ‫ڴڴڴ‬ ‫ڸڶڹ‬Ζ‫ڽںڼ‬￦ ‫ڹڻ‬Ζ‫ڵڷڵ‬ ‫ڹ‬Ζ‫ڷڻڵ‬Ζ‫ڸڹڹ‬
‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ڴڶڴڶ‬￦ ‫ڴڴں‬Ζ‫ڴڴڴ‬￦ ‫ڻڵڹ‬Ζ‫ڹڹڷ‬￦ ‫ڶڼ‬Ζ‫ڹڸں‬￦ ‫ڹ‬Ζ‫ڴڽڴ‬Ζ‫ڽڴڽ‬￦
‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ڵڶڴڶ‬￦ ‫ڴڴں‬Ζ‫ڴڴڴ‬￦ ‫ڽڴڹ‬Ζ‫ڵڽڴ‬￦ ‫ڴڽ‬Ζ‫ڽڴڽ‬￦ ‫ڹ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦

Question No. 3
￉¥¶¶½­²«￦¥±³¹²¸￦³ª￦¸¬©￦­²º©·¸±©²¸￦‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ڼڵڴڶ‬￦Ϯ·©©￦¸¥¦°©￦¥¦³º©ϯ￦ ‫ڹ‬Ζ‫ڼڸڶ‬Ζ‫ڹڼں‬￦
ￒ©··Ό￦ￖ¶©·©²¸￦º¥°¹©￦³ª￦©¼´©§¸©¨￦§¥·¬￦ª°³»·￦ ‫ڷ‬Κ‫ںڹڻ‬Ζ‫ڸڻڹ‬￦
ￏ±´¥­¶±©²¸￦°³··￦￦ ‫ڵ‬Ζ‫ڶڽڸ‬Ζ‫ڵڵڵ‬￦
￦

ￖ¶©·©²¸￦º¥°¹©￦³ª￦ￖ¶­²§­´¥°￦Ϯ‫ڹ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦¼￦‫ڴ‬Κ‫ڷڵڹڻ‬￦ϯ￦ ‫ڷ‬Ζ‫ںڹڻ‬Ζ‫ڸڻڹ‬￦
ￇ¨¨Ό￦ￖￜ￦³ª￦­²¸©¶©·¸￦´¥½±©²¸· Ϯￔ³￦­²¸©¶©·¸￦»­°°￦¦©￦¶©§³º©¶©¨ϯ￦ Ο￦
ￖ¶©·©²¸￦º¥°¹©￦³ª￦¸¬©￦­²º©·¸±©²¸￦¦³²¨·￦ ‫ڷ‬Ζ‫ںڹڻ‬Ζ‫ڸڻڹ‬￦
￦

143
Chapter 16: Investment in Debt Securities

Question No. 4
ￏ²¸©¶©·¸￦­²§³±©￦Ϯￖ‫ڷ‬Ζ‫ںڹڻ‬Ζ‫ڸڻڹ‬￦¼￦‫ܫڴڵ‬ϯ￦‫ܥ‬￦375,657
￦

ￚ¬©￦ ­²¸©¶©·¸￦ ­²§³±©￦ »¥·￦ §³±´¹¸©¨￦ ¹·­²«￦ ¸¬©￦ ³¶­«­²¥°￦ ©ªª©§¸­º©￦ ¶¥¸©￦ ¥²¨￦ ¸¬©￦
­±´¥­¶©¨￦º¥°¹©￦¥·￦³ª￦‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ڼڵڴڶ‬Κ￦
￦
Question No. 5
ￖ¶©·©²¸￦º¥°¹©￦©¼´©§¸©¨￦§¥·¬￦ª°³»·Ζ￦¨¥¸©￦³ª￦¶©º©¶·¥°￦ ‫ڹ‬Ζ‫ڽڵں‬Ζ‫ڹڷڼ‬￦
￝³¹°¨￦ ¬¥º©￦ ¦©©²￦ ´¶©·©²¸￦ º¥°¹©￦ ¬¥¨￦ ¸¬©¶©￦ ¦©©²￦ ²³￦ ­±´¥­¶±©²¸￦ ‫ڹ‬Ζ‫ڷڻڵ‬Ζ‫ڸڹڹ‬￦
Ϯ·©©￦³¶­«­²¥°￦¥±³¶¸­¾¥¸­³²￦¸¥¦°©ϯ￦
￦ ￦

ￒ³»©¶￦³ª￦¸¬©￦¸»³￦¥¦³º©￦ ‫ڹ‬Ζ‫ڷڻڵ‬Ζ‫ڸڹڹ‬￦
ￒ©··Ό￦ￇ§¸¹¥°￦¥±³¶¸­¾©¨￦§³·¸ Ϯￖ‫ڷ‬Ζ‫ںڹڻ‬Ζ‫¼ ڸڻڹ‬￦‫ڵ‬Κ‫ڴڵ‬ϯ￦ ‫ڸ‬Ζ‫ڶڷڵ‬Ζ‫ڵڷڶ‬￦
ￍ¥­²￦³²￦¶©º©¶·¥°￦³ª￦­±´¥­¶±©²¸￦ ‫ڵ‬Ζ‫ڵڸڴ‬Ζ‫ڶڶڷ‬￦
￦

ￖ¶©·©²¸￦º¥°¹©￦³ª￦ￖ¶­²§­´¥°￦Ϯ‫ڹ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦¼￦‫ڴ‬Κ‫ ڸںڶڼ‬ϯ￦ ‫ڸ‬Ζ‫ڶڷڵ‬Ζ‫ڵڷڶ‬￦

ￇ¨¨Ό￦ￖ¶©·©²¸￦º¥°¹©￦³ª￦­²¸©¶©·¸￦´¥½±©²¸·￦Ϯ‫ڴڴں‬Ζ‫ڴڴڴ‬￦¼￦‫ڷ‬￦¼￦‫ڴ‬Κ‫ڸںڶڼ‬ϯ￦ ‫ڵ‬Ζ‫ڻڼڸ‬Ζ‫ڷڴں‬￦
ￖ¶©·©²¸￦º¥°¹©￦³ª￦¸¬©￦­²º©·¸±©²¸￦¦³²¨·￦ ‫ڹ‬Ζ‫ڽڵں‬Ζ‫ڹڷڼ‬￦

CASE NO. 2 PFRS 9￦
Question No. 1
ￖ¶©·©²¸￦º¥°¹©￦³ª￦ￖ¶­²§­´¥°￦Ϯ‫ڹ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦¼￦‫ڴ‬Κ‫ڽڴڶں‬￦ϯ￦ ‫ڷ‬Ζ‫ڸڴڵ‬Ζ‫ڻڴں‬￦
ￇ¨¨Ό￦ￖ¶©·©²¸￦ￜ¥°¹©￦³ª￦­²¸©¶©·¸￦´¥½±©²¸·￦Ϯ‫ڴڴں‬Ζ‫ڴڴڴ‬￦￞￦‫ڷ‬Κ‫ڼڴڽڻ‬ϯ￦ ‫ڶ‬Ζ‫ڸڻڶ‬Ζ‫ڶڻڸ‬￦
ￖ¶©·©²¸￦º¥°¹©￦³ª￦¸¬©￦­²º©·¸±©²¸￦¦³²¨·￦ ‫ڹ‬Ζ‫ڽڻڷ‬Ζ‫ڽڻڴ‬￦
￦

(Please carry all the decimal places in the computation)

￦
Question No. 2
Amortization table (original):
Interest Interest Premium Present
Date Collection Income Amortization value
‫ڵڴ‬ϑ‫ڵڴ‬ϑ‫ڻڵڴڶ‬ ￦ ‫ڹ‬Ζ‫ڽڻڷ‬Ζ‫ڽڻڴ‬
‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ڻڵڴڶ‬￦ ‫ڴڴں‬Ζ‫ڴڴڴ‬￦ 537,908 ‫ڶں‬Ζ‫ڶڽڴ‬￦ ‫ڹ‬Ζ‫ںڵڷ‬Ζ‫ڻڼڽ‬￦
‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ڼڵڴڶ‬￦ ‫ڴڴں‬Ζ‫ڴڴڴ‬￦ ‫ڵڷڹ‬Ζ‫ڽڽں‬￦ ‫ڼں‬Ζ‫ڵڴڷ‬￦ ‫ڹ‬Ζ‫ڼڸڶ‬Ζ‫ڹڼں‬￦
‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ڽڵڴڶ‬ ‫ڴڴں‬Ζ‫ڴڴڴ‬ ‫ڸڶڹ‬Ζ‫ڽںڼ‬￦ ‫ڹڻ‬Ζ‫ڵڷڵ‬ ‫ڹ‬Ζ‫ڷڻڵ‬Ζ‫ڸڹڹ‬
‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ڴڶڴڶ‬￦ ‫ڴڴں‬Ζ‫ڴڴڴ‬￦ ‫ڻڵڹ‬Ζ‫ڹڹڷ‬￦ ‫ڶڼ‬Ζ‫ڹڸں‬￦ ‫ڹ‬Ζ‫ڴڽڴ‬Ζ‫ڽڴڽ‬￦
‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ڵڶڴڶ‬￦ ‫ڴڴں‬Ζ‫ڴڴڴ‬￦ ‫ڽڴڹ‬Ζ‫ڵڽڴ‬￦ ‫ڴڽ‬Ζ‫ڽڴڽ‬￦ ‫ڹ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦

Question No. 3
￉¥¶¶½­²«￦¥±³¹²¸￦³ª￦¸¬©￦­²º©·¸±©²¸￦‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ڼڵڴڶ‬￦Ϯ·©©￦¸¥¦°©￦¥¦³º©ϯ￦ ‫ڹ‬Ζ‫ڼڸڶ‬Ζ‫ڹڼں‬￦
ￒ©··Ό￦ￖ¶©·©²¸￦º¥°¹©￦³ª￦©¼´©§¸©¨￦§¥·¬￦ª°³»·￦ ‫ڷ‬Κ‫ںڹڻ‬Ζ‫ڸڻڹ‬￦
ￏ±´¥­¶±©²¸￦°³··￦￦ ‫ڵ‬Ζ‫ڶڽڸ‬Ζ‫ڵڵڵ‬￦
￦

ￖ¶©·©²¸￦º¥°¹©￦³ª￦ￖ¶­²§­´¥°￦Ϯ‫ڹ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦¼￦‫ڴ‬Κ‫ڷڵڹڻ‬￦ϯ￦ ‫ڷ‬Ζ‫ںڹڻ‬Ζ‫ڸڻڹ‬￦
ￇ¨¨Ό￦ￖￜ￦³ª￦­²¸©¶©·¸￦´¥½±©²¸·￦Ϯￔ³￦­²¸©¶©·¸￦»­°°￦¦©￦¶©§³º©¶©¨ϯ￦ Ο￦
ￖ¶©·©²¸￦º¥°¹©￦³ª￦¸¬©￦­²º©·¸±©²¸￦¦³²¨·￦ ‫ڷ‬Ζ‫ںڹڻ‬Ζ‫ڸڻڹ‬￦
￦

144
‫‪Chapter 16: Investment in Debt Securities‬‬

‫ ‪Question No. 4‬‬

‫ ‪￦375,657‬ܥ‪ϯ￦‬ܫڴڵ‪￦¼￦‬ڸڻڹ‪Ζ‬ںڹڻ‪Ζ‬ڷ‪ￏ²¸©¶©·¸￦­²§³±©￦Ϯￖ‬‬
‫‪￦‬‬

‫‪ￚ¬©￦ ­²¸©¶©·¸￦ ­²§³±©￦ »¥·￦ §³±´¹¸©¨￦ ¹·­²«￦ ¸¬©￦ ³¶­«­²¥°￦ ©ªª©§¸­º©￦ ¶¥¸©￦ ¥²¨￦ ¸¬©￦‬‬
‫‪Κ￦‬ڼڵڴڶ‪ϑ‬ڵڷ‪ϑ‬ڶڵ‪­±´¥­¶©¨￦º¥°¹©￦¥·￦³ª￦‬‬
‫‪￦‬‬
‫ ‪Question No. 5‬‬
‫‪ￖ¶©·©²¸￦º¥°¹©￦©¼´©§¸©¨￦§¥·¬￦ª°³»·Ζ￦¨¥¸©￦³ª￦¶©º©¶·¥°￦‬‬ ‫‪￦‬ڹڷڼ‪Ζ‬ڽڵں‪Ζ‬ڹ‬
‫‪ϯ￦‬ڴڵ‪Κ‬ڵ‪￦¼￦‬ڸڻڹ‪Ζ‬ںڹڻ‪Ζ‬ڷ‪ￒ©··Ό￦ￇ§¸¹¥°￦¥±³¶¸­¾©¨￦§³·¸￦Ϯￖ‬‬ ‫‪￦‬ڵڷڶ‪Ζ‬ڶڷڵ‪Ζ‬ڸ‬
‫‪ￍ¥­²￦³²￦¶©º©¶·¥°￦³ª￦­±´¥­¶±©²¸￦￦‬‬ ‫‪￦‬ڸڴں‪Ζ‬ڻڼڸ‪Ζ‬ڵ‬
‫‪￦‬‬

‫‪￦ϯ￦‬ڸںڶڼ‪Κ‬ڴ‪￦¼￦‬ڴڴڴ‪Ζ‬ڴڴڴ‪Ζ‬ڹ‪ￖ¶©·©²¸￦º¥°¹©￦³ª￦ￖ¶­²§­´¥°￦Ϯ‬‬ ‫‪￦‬ڵڷڶ‪Ζ‬ڶڷڵ‪Ζ‬ڸ‬
‫‪ϯ￦‬ڸںڶڼ‪Κ‬ڴ‪￦¼￦‬ڷ‪￦¼￦‬ڴڴڴ‪Ζ‬ڴڴں‪ￇ¨¨Ό￦ￖ¶©·©²¸￦º¥°¹©￦³ª￦­²¸©¶©·¸￦´¥½±©²¸·￦Ϯ‬‬ ‫‪￦‬ڷڴں‪Ζ‬ڻڼڸ‪Ζ‬ڵ‬
‫‪ￖ¶©·©²¸￦º¥°¹©￦³ª￦¸¬©￦­²º©·¸±©²¸￦¦³²¨·￦‬‬ ‫‪￦‬ڹڷڼ‪Ζ‬ڽڵں‪Ζ‬ڹ‬
‫ ‬
‫ ‬
‫ ‪PROBLEM 16-17‬‬
‫‪￦‬‬

‫ ‪Question No. 1‬‬

‫‪ￖ¶³§©©¨·￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڸڴڶ‪ￖ￦￦‬‬
‫‪ϯ‬ڴڴڴ‪Ζ‬ڶڵ‪ϯ￦¼￦‬ڴڴڴ‪Ζ‬ڸڶ‪ϑ‬ڴڴڴ‪Ζ‬ڶڷڸ‪ￒ©··Ό￦￉¥¶¶½­²«￦¥±³¹²¸￦σϮￖ‬‬ ‫‪￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ںڵڶ‬
‫©‪ￒ³··￦³²￦·¥°‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫)‪(B‬‬ ‫‪ϯ￦‬ڴڴڴ‪Ζ‬ڶڵ‪Ϯ‬‬
‫‪￦‬‬
‫ ‪Question No. 2‬‬
‫‪￦‬ڻڵڴڶ‪ϑ‬ڵ‪ϑ‬ڵ‪￉³·¸Ζ￦‬‬ ‫‪￦￦‬‬ ‫‪￦￦‬‬ ‫‪￦‬ڴڴڸ‪Ζ‬ڵڵڷ‪Ζ‬ڹ‪ￖ￦‬‬
‫‪￦‬ڻڵڴڶ‪ϑ‬ڵڷ‪ϑ‬ڶڵ‪ￒ©··Ό￦ￇ±³¶¸­¾©¨￦§³·¸Ζ￦‬‬ ‫‪￦￦‬‬ ‫‪￦￦‬‬ ‫‪￦‬ڴڸڹ‪Ζ‬ڶڸڶ‪Ζ‬ڹ‪￦ ￦‬‬
‫‪ￖ¶©±­¹±￦¥±³¶¸­¾¥¸­³²￦‬‬ ‫‪￦￦‬‬ ‫‪￦￦‬‬ ‫‪￦‬ڴںڼ‪Ζ‬ڼں ‪￦ ￦‬‬
‫‪ϯ￦‬ܫڶڵ‪￦¼￦‬ڴڴڴ‪Ζ‬ڴڴڴ‪Ζ‬ڹ‪ￒ©··Ό￦ￔ³±­²¥°￦­²¸©¶©·¸￦Ϯ‬‬ ‫‪￦￦‬‬ ‫‪￦￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڴں ‪￦ ￦‬‬
‫‪ￏ²¸©¶©·¸￦ￏ²§³±©￦‬‬ ‫‪￦￦‬‬ ‫‪￦￦‬‬ ‫‪￦‬ڴڸڵ‪Ζ‬ڵڷڹ ‪￦ ￦‬‬
‫‪￦‬‬

‫‪￦10%￦‬ܥ‪ϯ￦‬ڴڸڵ‪Ζ‬ڵڵڷ‪Ζ‬ڹ‪ϑ‬ڴڴڸ‪Ζ‬ڵڷڹ‪ￋªª©§¸­º©￦­²¸©¶©·¸￦Ϯￖ‬‬
‫‪￦‬‬

‫‪￦P524,254 (B)￦‬ܥ‪ϯ￦‬ܫڴڵ‪￦¼￦‬ڴڸڹ‪Ζ‬ڶڸڶ‪Ζ‬ڹ‪ￏ²¸©¶©·¸￦­²§³±©￦Ϯￖ‬‬
‫‪￦‬‬
‫ ‪Question No. 3‬‬
‫‪ϯ￦‬ڴڴڴ‪Ζ‬ڵڼڼ‪Ζ‬ڵ‪￦ ￦ￖ‬ڴڹڵ‪Ζ‬ڷڴڽ‪Ζ‬ڵ‪￦¨­·§³¹²¸￦¥±³¶¸­¾¥¸­³²￦Ϯￖ‬ڹڵڴڶ‬ ‫‪￦￦‬‬ ‫‪￦￦‬ڴڴڹ‪Ζ‬ڶڶ‪ￖ￦￦￦￦￦‬‬
‫‪ϯ￦‬ܫڷڵ‪￦¼￦‬ڴڴڴ‪Ζ‬ڴڴڴ‪Ζ‬ڶ‪ￔ³±­²¥°￦­²¸©¶©·¸￦Ϯￖ‬‬ ‫‪￦￦‬‬ ‫‪￦￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴںڶ ‪￦ ￦‬‬
‫‪ￋªª©§¸­º©￦­²¸©¶©·¸￦‬‬ ‫‪￦￦‬‬ ‫‪￦￦‬‬ ‫‪￦‬ڴڴڹ‪Ζ‬ڶڼڶ‪ￖ￦￦￦￦‬‬
‫‪￦¥±³¶¸­¾©¨￦§³·¸￦‬ڻڵڴڶ‪ϑ‬ڵ‪ϑ‬ڵ‪ￊ­º­¨©￦¦½Ό￦‬‬ ‫‪￦￦‬‬ ‫‪￦￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڵڼڼ‪Ζ‬ڵ‪ￖ￦‬‬
‫‪ￋªª©§¸­º©￦­²¸©¶©·¸￦¶¥¸©￦‬‬ ‫‪￦￦‬‬ ‫‪￦￦‬‬ ‫ ‬ ‫‪15%￦‬‬
‫‪￦‬‬ ‫‪￦‬‬

‫‪￦¥±³¶¸­¾©¨￦§³·¸￦¼￦ￋªª©§¸­º©￦­²¸©¶©·¸￦¶¥¸©￦‬ڻڵڴڶ‪ϑ‬ڵڷ‪ϑ‬ڶڵ‪￦‬ܥ‪￦ￏ²¸©¶©·¸￦ￏ²§³±©￦‬ڼڵڴڶ‬
‫‪￦P285,472.50 (C)￦‬ܥ‪￦‬ܫڹڵ‪￦¼￦‬ڴڹڵ‪Ζ‬ڷڴڽ‪Ζ‬ڵ‪￦￦ￖ‬ܥ‪￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦‬‬
‫‪￦‬‬
‫ ‪Question No. 4‬‬
‫‪ϯ￦‬ڵڴڵ‪￦¼￦‬ڴڴڴ‪Ζ‬ڴڴڴ‪Ζ‬ڶ‪￦Ϯ‬ڽڵڴڶ‪ϑ‬ڵ‪ϑ‬ڵ‪ￌ¥­¶￦º¥°¹©Ζ￦‬‬ ‫‪￦￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڶڴ‪Ζ‬ڶ‪￦ ￦ ￖ￦‬‬
‫‪￦‬ڽڵڴڶ‪ϑ‬ڵڴ‪ϑ‬ڵڴ‪ￒ©··Ό￦ￇ±³¶¸­¾©¨￦§³·¸￦ ￦‬‬
‫‪￦‬ڻڵڴڶ‪ϑ‬ڵڷ‪ϑ‬ڶڵ‪￦￦￈³³¯￦º¥°¹©Ζ￦‬‬ ‫‪￦‬ڴڹڵ‪Ζ‬ڷڴڽ‪Ζ‬ڵ ‪￦ ￖ￦‬‬
‫‪￦￦ￇ¨¨Ό￦ￊ­·§³¹²¸￦¥±³¶¸­¾¥¸­³²￦‬‬
‫‪145‬‬
Chapter 16: Investment in Debt Securities

￦￦￦￦￦ￔ³±­²¥°￦­²¸©¶©·¸￦ ‫ڴںڶ‬Ζ‫ڴڴڴ‬￦
￦￦￦￦￦ￒ©··Ό￦ￋªª©§¸­º©￦­²¸©¶©·¸￦ ‫ڶڼڶ‬Ζ‫ڷڻڸ‬￦ ￦ ￦ ‫ڶڶ‬Ζ‫ڷڻڸ‬￦ ￦ ￦ ￦‫ڵ‬Ζ‫ڼڶڽ‬Ζ‫ڷڶں‬￦
ￍ¥­²￦³²￦¶©§°¥··­ª­§¥¸­³²￦￦ ￦￦ (C) ￦ P 91,377￦
￦
Question No. 5
Trading securities:
￦￦￦￦￦ￖ¥²¥«¬³½Ζ￦ￏ²§Κ￦Ϯ‫ڸڵ‬Ζ‫ڴڴڸ‬￦¼￦ￖ‫ڶڶ‬ϯ￦ ￦ ￖ￦￦￦‫ںڵڷ‬Ζ‫ڴڴڼ‬￦ ￦
￦￦￦￦￦ￒ¥±©²¸¥¸­³²Ζ￦ￏ²§Κ￦σϮ‫ڸڶ‬Ζ‫ڴڴڴ‬￦ ￦‫ڶڵ‬Ζ‫ڴڴڴ‬ϯ￦¼￦ￖ‫ڹڵ‬σ￦ ￦ ￦ ‫ڴڼڵ‬Ζ‫ڴڴڴ‬￦
ￚ³¸¥°￦ P 496,800
￦
FVTOCI:
￦￦￦￦￦￠©´¬¥²­¥¬Ζ￦ￏ²§Κ￦Ϯ ￦¼￦‫ڴںڷ‬Ζ‫ڴڴڴ‬ϯ￦ ￦ ￖ‫ڴڵ‬Ζ‫ڴڼڴ‬Ζ‫ڴڴڴ‬￦
￦￦￦￦￦ￍ©²©·­·￦¦³²¨·￦Ϯ‫ڵ‬Κ‫ڸڴ‬￦¼￦‫ڹ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬ϯ￦ ￦ ￦ ‫ڹ‬Ζ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦
ￚ³¸¥°￦ P15,280,000
￦

SUMMARY OF ANSWERS:
1. B 2. B 3. C 4. C 5. A
￦

146
Chapter 17: Investment in Associate

CHAPTER 17: INVESTMENT IN ASSOCIATE

￦
PROBLEM 17-1 Investment securities and equity method investments
compared
￦

Question No. 1
￉³·¸￦³ª￦ￏ²º©·¸±©²¸￦ ‫ڴڷ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦￈³³¯￦º¥°¹©￦³ª￦²©¸￦¥··©¸￦¥§µ¹­¶©¨￦Ϯￖ‫ڴڶڵ‬ￓ￦¼￦‫ܫڴڶ‬ϯ￦ ‫ڸڶ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
ￋ¼§©··￦³ª￦§³·¸￦³º©¶￦¦³³¯￦º¥°¹©￦ ‫ں‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦ￕº©¶º¥°¹©¨￦¨©´¶©§­¥¦°©￦¥··©¸￦Ϯￖ‫ں‬ￓ￦¼￦‫ܫڴڶ‬ϯ ‫ڵ‬Ζ‫ڴڴڶ‬Ζ‫ڴڴڴ‬
ￍ³³¨»­°°￦ ￦ ￦ ￦ (A)￦ ‫ڸ‬Ζ‫ڴڴڼ‬Ζ‫ڴڴڴ‬￦
￦
Question No. 2
ￊ­º­¨©²¨·￦¨©§°¥¶©¨￦¥²¨￦´¥­¨￦ ‫ڹ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
ￓ¹°¸­´°½￦¦½Ό￦ￖ©¶§©²¸¥«©￦³ª￦³»²©¶·¬­´ ‫ܫڴڶ‬￦
ￊ­º­¨©²¨·￦￘©º©²¹©￦ ￦ (C) ‫ڵ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
￦
Question No. 3
￙¬¥¶©￦­²￦²©¸￦­²§³±©￦Ϯￖ‫ڼ‬ￓ￦¼￦‫ܫڴڶ‬ϯ￦ ‫ڵ‬Ζ‫ڴڴں‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦ￇ±³¶¸­¾¥¸­³²￦³ª￦ￛ²¨©¶º¥°¹©¨￦º¥°¹©¨￦¥··©¸￦Ϯ·©©￦¦©°³»ϯ￦ ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦
ￇ¨®¹·¸©¨￦²©¸￦­²º©·¸±©²¸￦­²§³±© (A) ‫ڵ‬Ζ‫ڴڴڸ‬Ζ‫ڴڴڴ‬￦
￦

ￇ±³¶¸­¾¥¸­³²￦³ª￦ￛ²¨©¶º¥°¹©¨￦¥··©¸
ￊ©´¶©§­¥¦°©￦ￇ··©¸￦ ‫ڵ‬Ζ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦
ￊ­º­¨©￦¦½Ό￦ￇº©¶¥«©￦¶©±¥­²­²«￦¹·©ª¹°￦°­ª©￦ ‫ں‬￦
ￇ±³¶¸­¾¥¸­³²￦³ª￦ￛ²¨©¶º¥°¹©¨￦º¥°¹©¨￦¥··©¸￦ ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦

Question No. 4
￉³·¸￦³ª￦ￏ²º©·¸±©²¸￦ ‫ڴڷ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
ￇ¨¨Ό￦ￔ©¸￦­²º©·¸±©²¸￦­²§³±©￦Ϯ·©©￦²³Κ￦‫ڷ‬ϯ￦ ‫ڵ‬Ζ‫ڴڴڸ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦ￊ­º­¨©²¨·￦¶©§©­º©¨￦Ϯￖ‫ڵ‬￦¼￦‫ڵ‬ￓ￦·¬¥¶©·ϯ￦ ‫ڵ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
￉¥¶¶½­²«￦º¥°¹©￦ ￦‫ڶڵ‬ϑ‫ڵڷ‬￦ ￦ ￦ (B)￦ ‫ڴڷ‬Ζ‫ڴڴڸ‬Ζ‫ڴڴڴ‬￦

Question No. 5
ￏ²º©·¸±©²¸￦¹·­²«￦ￌ¥­¶￦ￜ¥°¹©￦Ϯ ‫ڶڷ‬￦¼￦‫ڵ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬ϯ￦‫ܥ‬￦ ‫ڶڷ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦ (D)￦
￦
SUMMARY OF ANSWERS:
1. A 2. C 3. A 4. B 5. D
￦
￦
PROBLEM 17-2
￦

Question No. 1
￉³·¸￦³ª￦ￏ²º©·¸±©²¸￦￦ ‫ڹ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦￈³³¯￦º¥°¹©￦³ª￦²©¸￦¥··©¸￦¥§µ¹­¶©¨ Ϯￖ‫ڴڵ‬ￓ￦¼￦‫ܫڴڷ‬ϯ ‫ڷ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
ￋ¼§©··￦³ª￦§³·¸￦³º©¶￦¦³³¯￦º¥°¹©￦ ‫ڶ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦

147
Chapter 17: Investment in Associate
￦
ￕº©¶￦³¶￦Ϯ¹²¨©¶ϯº¥°¹©¨￦¥··©¸Ό￦
￦￦￦ￏ²º©²¸³¶½ σϮￖ‫ڴڴڽ‬Ζ‫ڴڴڴ‬￦ ￖ‫ڴڴڼ‬Ζ‫ڴڴڴ‬ϯ￦¼￦‫ܫڴڷ‬σ￦ Ϯ‫ڴڷ‬Ζ‫ڴڴڴ‬ϯ￦
￦￦￦ￓ¥§¬­²©¶½￦σϮￖ‫ڶ‬Ζ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦ ￦ￖ‫ڶ‬Ζ‫ڴڴڹ‬Ζ‫ڴڴڴ‬ϯ￦¼￦‫ܫڴڷ‬σ￦ ‫ڴڽ‬Ζ‫ڴڴڴ‬￦
ￍ³³¨»­°°￦ ￦ ￦ ￦ (C)￦ ‫ڶ‬Ζ‫ڴںڴ‬Ζ‫ڴڴڴ‬￦
￦
Question No. 2
￙¬¥¶©￦­²￦²©¸￦­²§³±©￦Ϯￖ‫ڶ‬ￓ￦¼￦‫ܫڴڷ‬ϯ￦ ‫ڴڴں‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦ￇ±³¶¸­¾¥¸­³²￦³ª￦¹²¨©¶º¥°¹©¨￦º¥°¹©¨￦¥··©¸￦Ϯ·©©￦¦©°³»ϯ ‫ڴڷ‬Ζ‫ڴڴڴ‬￦
ￇ¨¨Ό￦¥±³¶¸­¾¥¸­³²￦³ª￦³º©¶º¥°¹©¨￦¥··©¸￦ ‫ڼڵ‬Ζ‫ڴڴڴ‬￦
ￇ¨®¹·¸©¨￦²©¸￦­²º©·¸±©²¸￦­²§³±©￦ ￦ (A)￦ ‫ڼڼڹ‬Ζ‫ڴڴڴ‬￦
￦

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ￏ²º©²¸³¶½￦ Ϯ‫ڴڷ‬Ζ‫ڴڴڴ‬ϯ￦
￦ ￦ ￦

ￓ¥§¬­²©¶½￦￦ ‫ڴڽ‬Ζ‫ڴڴڴ‬￦ ‫ڴڽ‬Ζ‫ڴڴڴ‬￦

ￊ­º­¨©￦¦½Ό￦￘©±¥­²­²«￦°­ª©￦ ‫ڹ‬ ‫ڹ‬￦
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￦
2018 2019
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ￓ¹°¸­´°½￦¦½Ό￦ￖ©¶§©²¸¥«©￦³ª￦³»²©¶·¬­´￦ ‫ܫڴڷ‬￦ ‫ܫڴڷ‬￦
￙¬¥¶©￦­²￦¸¬©￦²©¸￦­²§³±© ‫ڴڴں‬Ζ‫ڴڴڴ‬￦ ‫ڵ‬Ζ‫ڴڹڷ‬Ζ‫ڴڴڴ‬￦
ￊ­º­¨©²¨·￦¨©§°¥¶©¨￦¥²¨￦´¥­¨￦ ‫ڴڴڼ‬Ζ‫ڴڴڴ‬￦ ‫ڵ‬Ζ‫ڴڴں‬Ζ‫ڴڴڴ‬￦
ￓ¹°¸­´°½￦¦½Ό￦ￖ©¶§©²¸¥«©￦³ª￦³»²©¶·¬­´￦ ‫ܫڴڷ‬￦ ‫ܫڴڷ‬￦
ￊ­º­¨©²¨·￦¶©§©­º©¨￦ ‫ڴڸڶ‬Ζ‫ڴڴڴ‬￦ ‫ڴڼڸ‬Ζ‫ڴڴڴ‬￦
￦
Question No. 3
￉³·¸￦³ª￦ￏ²º©·¸±©²¸￦ ‫ڹ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
ￇ¨¨Ό￦ￔ©¸￦­²º©·¸±©²¸￦­²§³±©￦Ϯ·©©￦²³Κ￦‫ڶ‬ϯ￦ ‫ڼڼڹ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦ￊ­º­¨©²¨·￦¶©§©­º©¨￦Ϯￖ‫ڴڴڼ‬Ζ‫ڴڴڴ‬￦¼￦‫ܫڴڷ‬ϯ￦ ‫ڴڸڶ‬Ζ‫ڴڴڴ‬￦
￉¥¶¶½­²«￦º¥°¹©￦ ￦‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ڼڵڴڶ‬ (A ‫ڹ‬Ζ‫ڼڸڷ‬Ζ‫ڴڴڴ‬￦
￦
Question No. 4
￙¬¥¶©￦­²￦²©¸￦­²§³±©￦Ϯￖ‫ڸ‬Κ‫ڹ‬ￓ￦¼￦‫ܫڴڷ‬ϯ￦ ‫ڵ‬Ζ‫ڴڹڷ‬Ζ‫ڴڴڴ‬￦
ￇ¨¨Ό￦ￇ±³¶¸­¾¥¸­³²￦³ª￦ￕº©¶º¥°¹©¨￦º¥°¹©¨￦¥··©¸￦Ϯ·©©￦²³Κ￦‫ڶ‬ϯ￦ ‫ڼڵ‬Ζ‫ڴڴڴ‬￦
ￇ¨®¹·¸©¨￦²©¸￦­²º©·¸±©²¸￦­²§³±©￦ ￦ (C)￦ ‫ڵ‬Ζ‫ڼںڷ‬Ζ‫ڴڴڴ‬￦
￦
Question No. 5
￉¥¶¶½­²«￦º¥°¹©￦ ￦‫ڵڴ‬ϑ‫ڵڴ‬ϑ‫ڽڵڴڶ‬￦ ‫ڹ‬Ζ‫ڼڸڷ‬Ζ‫ڴڴڴ‬￦
ￇ¨¨Ό￦ￔ©¸￦­²º©·¸±©²¸￦­²§³±©￦Ϯ·©©￦²³Κ￦‫ڸ‬ϯ￦ ‫ڵ‬Ζ‫ڼںڷ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦ￊ­º­¨©²¨·￦¶©§©­º©¨￦Ϯￖ‫ڵ‬Κ‫ں‬ￓ￦¼￦‫ܫڴڷ‬ϯ￦ ‫ڴڼڸ‬Ζ‫ڴڴڴ‬￦
￉¥¶¶½­²«￦º¥°¹©￦ ￦‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ڽڵڴڶ‬ (A ‫ں‬Ζ‫ںڷڶ‬Ζ‫ڴڴڴ‬￦
￦
SUMMARY OF ANSWERS:
1. C 2. A 3. A 4. C 5. A
￦

148
Chapter 17: Investment in Associate

PROBLEM 17-3 Investment in Associate with Inventories, Machinery and

Land - Land Was Subsequently Sold
￦

Question No. 1
￉³·¸￦³ª￦ￏ²º©·¸±©²¸￦ ‫ڹ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦￈³³¯￦º¥°¹©￦³ª￦²©¸￦¥··©¸￦¥§µ¹­¶©¨ Ϯￖ‫ڶڵ‬ￓ￦¼￦‫ܫڴڶ‬ϯ ‫ڶ‬Ζ‫ڴڴڸ‬Ζ‫ڴڴڴ‬￦
ￋ¼§©··￦³ª￦§³·¸￦³º©¶￦¦³³¯￦º¥°¹©￦ ‫ڶ‬Ζ‫ڴڴں‬Ζ‫ڴڴڴ‬￦￦
ￕº©¶￦³¶￦Ϯ¹²¨©¶ϯº¥°¹©¨￦¥··©¸￦
￦￦￦ￏ²º©²¸³¶½￦ϮϮￖ‫ڴڹ‬Ζ‫ڴڴڴ‬ϯ￦¼￦‫ܫڴڶ‬ϯ￦ Ϯ‫ڴڵ‬Ζ‫ڴڴڴ‬ϯ￦
￦￦￦ￓ¥§¬­²©¶½ ϮϮￖ‫ڴڴڹ‬Ζ‫ڴڴڴ‬ϯ ¼￦‫ܫڴڶ‬ϯ￦ Ϯ‫ڴڴڵ‬Ζ‫ڴڴڴ‬ϯ￦
￦￦￦ￒ¥²¨￦Ϯￖ‫ڴڴڷ‬Ζ‫ڴڴڴ‬￦¼￦‫ܫڴڶ‬ϯ￦ ‫ڴں‬Ζ‫ڴڴڴ‬￦
ￍ³³¨»­°°￦ ￦ ￦ ￦ (A)￦ ‫ڶ‬Ζ‫ڴڹڹ‬Ζ‫ڴڴڴ‬￦
￦
ￇ±³¶¸­¾¥¸­³²￦³ª￦ￕº©¶￦Ϯￛ²¨©¶ϯ￦º¥°¹©¨￦¥··©¸￦ 2018 2019 ￦
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ￊ­º­¨©￦¦½Ό￦￘©±¥­²­²«￦°­ª©￦ ‫ڴڵ‬￦ ‫ڴڵ‬￦
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￦ ￦ ￦

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￦ ￦
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ￓ¹°¸­´°½￦¦½Ό￦ￖ©¶§©²¸¥«©￦³ª￦³»²©¶·¬­´￦ ‫ܫڴڶ‬￦ ‫ܫڴڶ‬￦
￙¬¥¶©￦­²￦¸¬©￦²©¸￦­²§³±©
￦
‫ڵ‬Ζ‫ڴڴں‬Ζ‫ڴڴڴ‬￦￦ ‫ڶ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬
ￊ­º­¨©²¨·￦¨©§°¥¶©¨￦¥²¨￦´¥­¨￦ ‫ڶ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦ ‫ڷ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
ￓ¹°¸­´°½￦¦½Ό￦ￖ©¶§©²¸¥«©￦³ª￦³»²©¶·¬­´￦ ‫ܫڴڶ‬￦ ‫ܫڴڶ‬￦
ￊ­º­¨©²¨·￦¶©§©­º©¨￦ ‫ڴڴڸ‬Ζ‫ڴڴڴ‬￦ ‫ڴڴں‬Ζ‫ڴڴڴ‬
￦
Question No. 2
￙¬¥¶©￦­²￦²©¸￦­²§³±©￦Ϯￖ‫ڼ‬ￓ￦¼￦‫ܫڴڶ‬ϯ￦ ‫ڵ‬Ζ‫ڴڴں‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦ￇ±³¶¸­¾¥¸­³²￦³ª￦ￛ²¨©¶º¥°¹©¨￦º¥°¹©¨￦¥··©¸￦Ϯ·©©￦¸¥¦°©￦¥¦³º©ϯ￦ ‫ڴڶ‬Ζ‫ڴڴڴ‬￦
ￇ¨®¹·¸©¨￦²©¸￦­²º©·¸±©²¸￦­²§³±©￦ ￦ (A)￦ ‫ڵ‬Ζ‫ڴڼڹ‬Ζ‫ڴڴڴ‬￦
￦
Question No. 3
￉³·¸￦³ª￦ￏ²º©·¸±©²¸￦ ‫ں‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
ￇ¨¨Ό￦ￔ©¸￦­²º©·¸±©²¸￦­²§³±©￦Ϯ·©©￦²³Κ￦‫ڶ‬ϯ￦ ‫ڵ‬Ζ‫ڴڼڹ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦ￊ­º­¨©²¨·￦¶©§©­º©¨￦Ϯￖ‫ڶ‬ￓ￦¼￦‫ܫڴڶ‬ϯ￦ ‫ڴڴڸ‬Ζ‫ڴڴڴ‬￦
￉¥¶¶½­²«￦º¥°¹©￦ ￦‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ڼڵڴڶ‬ (A ‫ں‬Ζ‫ڴڼڵ‬Ζ‫ڴڴڴ‬￦
￦
Question No. 4
￙¬¥¶©￦­²￦²©¸￦­²§³±©￦Ϯￖ‫ڴڵ‬ￓ￦¼￦‫ܫڴڶ‬ϯ￦ ‫ڶ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦ￇ±³¶¸­¾¥¸­³²￦³ª￦ￛ²¨©¶º¥°¹©¨￦º¥°¹©¨￦¥··©¸￦Ϯ·©©￦¸¥¦°©￦¥¦³º©ϯ￦ ‫ڴڵ‬Ζ‫ڴڴڴ‬￦
ￇ¨¨Ό￦¥±³¶¸­¾¥¸­³²￦³ª￦³º©¶º¥°¹©¨￦¥··©¸￦ ‫ڴں‬Ζ‫ڴڴڴ‬￦
ￇ¨®¹·¸©¨￦²©¸￦­²º©·¸±©²¸￦­²§³±© (C) ‫ڶ‬Ζ‫ڴڹڴ‬Ζ‫ڴڴڴ‬￦
Question No. 5
149
Chapter 17: Investment in Associate

￉¥¶¶½­²«￦º¥°¹©￦ ￦‫ڵڴ‬ϑ‫ڵڴ‬ϑ‫ڽڵڴڶ‬￦ ‫ں‬Ζ‫ڴڼڵ‬Ζ‫ڴڴڴ‬￦

ￇ¨¨Ό￦ￔ©¸￦­²º©·¸±©²¸￦­²§³±©￦Ϯ·©©￦²³Κ￦‫ڸ‬ϯ ‫ڶ‬Ζ‫ڴڹڴ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦ￊ­º­¨©²¨·￦¶©§©­º©¨￦Ϯￖ‫ڷ‬ￓ￦¼￦‫ܫڴڶ‬ϯ￦ ‫ڴڴں‬Ζ‫ڴڴڴ‬￦
￉¥¶¶½­²«￦º¥°¹©￦ ￦‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ڽڵڴڶ‬￦ ￦ (A)￦ ‫ڻ‬Ζ‫ڴڷں‬Ζ‫ڴڴڴ‬￦
￦
SUMMARY OF ANSWERS:
1. A 2. A 3. A 4. C 5. A
￦
￦
PROBLEM 17-4 Associate with Outstanding Preference Shares
CASE NO. 1
Question No. 1
ￔ©¸￦­²§³±©￦ ￖ‫ڶ‬Ζ‫ڴڴڹ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό ￚ³¸¥°￦´¶©ª©¶©²§©￦¨­º­¨©²¨·￦Ϯ ‫ڷ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦¼￦‫ܫڴڵ‬ϯ ‫ڴڴڷ‬Ζ‫ڴڴڴ‬￦
ￔ©¸￦­²§³±©￦¸³￦³¶¨­²¥¶½￦·¬¥¶©· ￖ‫ڶ‬Ζ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦
ￓ¹°¸­´°½￦¦½Ό￦ￖ©¶§©²¸¥«©￦³ª￦³»²©¶·¬­´￦ ‫ܫڴڷ‬￦
￙¬¥¶©￦­²￦¸¬©￦²©¸￦­²§³±©￦³ª￦¥··³§­¥¸©￦ ‫ڴںں‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦ￇ±³¶¸­¾¥¸­³²￦³ª￦¹²¨©¶º¥°¹©¨￦¥··©¸￦Ϯ ‫ڵ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬ϑ‫ڼ‬ϯ￦ ‫ڹڶڵ‬Ζ‫ڴڴڴ‬￦
ￔ©¸￦­²º©·¸±©²¸￦­²§³±©￦ ￦ (B) ‫ڹڷڹ‬Ζ‫ڴڴڴ‬￦
￦
Question No. 2
￉³·¸￦³ª￦ￏ²º©·¸±©²¸￦ ￦ ‫ں‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
ￇ¨¨Ό￦ￔ©¸￦­²º©·¸±©²¸￦­²§³±©￦Ϯ·©©￦²³Κ￦‫ڵ‬ϯ￦ ‫ڹڷڹ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦ￊ­º­¨©²¨·￦¶©§©­º©¨ Ο￦
￉¥¶¶½­²«￦º¥°¹©￦ ￦‫ڶڵ‬ϑ‫ڵڷ‬￦ ￦ (B ‫ں‬Ζ‫ڹڷڹ‬Ζ‫ڴڴڴ‬￦
￦
CASE NO. 2
Question No. 3
ￔ©¸￦­²§³±©￦ ￖ‫ڶ‬Ζ‫ڴڴڹ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦ￚ³¸¥°￦¥§¸¹¥°￦´¶©ª©¶©²§©￦¨­º­¨©²¨·￦¨©§°¥¶©¨ ‫ڴڹڸ‬Ζ‫ڴڴڴ‬￦
ￔ©¸￦­²§³±©￦¸³￦³¶¨­²¥¶½￦·¬¥¶©·￦ ￖ‫ڶ‬Ζ‫ڴڹڴ‬Ζ‫ڴڴڴ‬￦
ￓ¹°¸­´°½￦¦½Ό￦ￖ©¶§©²¸¥«©￦³ª￦³»²©¶·¬­´￦ ‫ܫڴڷ‬￦
￙¬¥¶©￦­²￦¸¬©￦²©¸￦­²§³±©￦³ª￦¥··³§­¥¸©￦ ‫ڹڵں‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦ￇ±³¶¸­¾¥¸­³²￦³ª￦¹²¨©¶º¥°¹©¨￦¥··©¸￦Ϯ‫ڵ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬ϑ‫ڼ‬ϯ ‫ڹڶڵ‬Ζ‫ڴڴڴ‬￦
ￔ©¸￦­²º©·¸±©²¸￦­²§³±©￦ ￦ (A ‫ڴڽڸ‬Ζ‫ڴڴڴ‬￦
￦
Question No. 4
￉³·¸￦³ª￦ￏ²º©·¸±©²¸￦ ‫ں‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
ￇ¨¨Ό￦ￔ©¸￦­²º©·¸±©²¸￦­²§³±©￦Ϯ·©©￦²³Κ￦‫ڵ‬ϯ￦ ‫ڴڽڸ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦ￊ­º­¨©²¨·￦¶©§©­º©¨ Ο￦
￉¥¶¶½­²«￦º¥°¹©￦ ￦‫ڶڵ‬ϑ‫ڵڷ‬￦ ￦ ￦ (A)￦ ‫ں‬Ζ‫ڴڽڸ‬Ζ‫ڴڴڴ‬￦
￦

150
Chapter 17: Investment in Associate

CASE NO. 3
Question No. 5
ￔ©¸￦­²§³±©￦ ￖ‫ڶ‬Ζ‫ڴڴڹ‬Ζ‫ڴڴڴ‬￦
ￓ¹°¸­´°½￦¦½Ό￦ￖ©¶§©²¸¥«©￦³ª￦³»²©¶·¬­´￦ ‫ܫڴڷ‬￦
￙¬¥¶©￦­²￦¸¬©￦²©¸￦­²§³±©￦³ª￦¥··³§­¥¸©￦ ‫ڴڹڻ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦ￇ±³¶¸­¾¥¸­³²￦³ª￦¹²¨©¶º¥°¹©¨￦¥··©¸￦Ϯ ‫ڵ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬ϑ‫ڼ‬ϯ ‫ڹڶڵ‬Ζ‫ڴڴڴ‬￦
ￔ©¸￦­²º©·¸±©²¸￦­²§³±©￦ ￦ (C) ‫ڹڶں‬Ζ‫ڴڴڴ‬￦
￦
ￇ°¸¬³¹«¬￦ ¸¬©￦ ¥²·»©¶￦ ·¬³¹°¨￦ ¦©￦ ‫ڴڴڸ‬Ζ‫ڴڴڴ‬Ζ￦ ¸¬©￦ ²©¼¸￦ ¦©·¸￦ ´³··­¦°©￦ ¥²·»©¶￦ ­·￦
‫ڴڴڹ‬Ζ‫ڴڴڴ‬Κ￦
￦
Question No. 6
￉³·¸￦³ª￦ￏ²º©·¸±©²¸￦ ‫ں‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
ￇ¨¨Ό￦ￔ©¸￦­²º©·¸±©²¸￦­²§³±©￦Ϯ·©©￦²³Κ￦‫ڵ‬ϯ￦ ‫ڹڶں‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦ￊ­º­¨©²¨·￦¶©§©­º©¨ Ο￦
￉¥¶¶½­²«￦º¥°¹©￦ ￦‫ڶڵ‬ϑ‫ڵڷ‬￦ ￦ ￦ (C)￦ ‫ں‬Ζ‫ڹڶں‬Ζ‫ڴڴڴ‬￦
￦
SUMMARY OF ANSWERS:
CASE NO. 1 CASE NO. 2 CASE NO. 3
1. B 2. B 3. A 4. A 5. C 6. C
￦
￦
PROBLEM 17-5 Change From Fair Value through Profit or Loss to Equity
Method - Step Acquisition
￦

Question No. 1
ￌ¥­¶￦º¥°¹© ‫ڷ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦￉¥¶¶½­²«￦º¥°¹©￦ ‫ڷ‬Ζ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦
ￛ²¶©¥°­¾©¨￦°³··￦ ￦ (B)￦ Ϯ‫ڴڴڶ‬Ζ‫ڴڴڴ‬ϯ￦
￦
Question No. 2
ￏ²º©·¸±©²¸￦­²§³±©￦Ϯ ‫ڴڹڹ‬Ζ‫ڴڴڴ‬￦¼￦‫ܫڴڵ‬ϯ￦ (B)￦ ‫ڹڹ‬Ζ‫ڴڴڴ‬￦
￦
Question No. 3
ￌ¥­¶￦º¥°¹©￦³ª￦´¶©º­³¹·°½￦¬©°¨￦­²¸©¶©·¸ ‫ڷ‬Ζ‫ڴڴڶ‬Ζ‫ڴڴڴ‬
ￒ©··Ό￦￉¥¶¶½­²«￦¥±³¹²¸￦ ‫ڷ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
ￍ¥­²￦Ϯ³¶￦°³··ϯ￦³²￦¶©§°¥··­ª­§¥¸­³²￦ ￦ (C)￦ ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦
￦

ￌ¥­¶￦º¥°¹©￦³ª￦´¶©º­³¹·°½￦¬©°¨￦­²¸©¶©·¸ ‫ڷ‬Ζ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦
ￇ§µ¹­·­¸­³²￦§³·¸￦ ‫ڷ‬Ζ‫ڴڸڼ‬Ζ‫ڴڴڴ‬￦
ￚ³¸¥°￦§³·¸￦³ª￦­²º©·¸±©²¸￦ ‫ڻ‬Ζ‫ڴڸڴ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦￈³³¯￦º¥°¹©￦³ª￦²©¸￦¥··©¸￦¥§µ¹­¶©¨￦Ϯ‫ڴڵ‬ￓ￦¼￦‫ܫڶڶ‬ϯ￦ ‫ڶ‬Ζ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦
ￋ¼§©··￦³ª￦¥¸¸¶­¦¹¸¥¦°©￦¸³￦±¥§¬­²©¶½￦ ‫ڸ‬Ζ‫ڴڸڼ‬Ζ‫ڴڴڴ‬￦
ￊ­º­¨©￦¦½Ό￦￘©±¥­²­²«￦°­ª©￦ ‫ڴڵ‬￦
ￇ±³¶¸­¾¥¸­³²￦³ª￦ￛ²¨©¶º¥°¹©¨￦¥··©¸￦ ‫ڸڼڸ‬Ζ‫ڴڴڴ‬￦
￦
￦

151
Chapter 17: Investment in Associate

ￔ©¸￦­²§³±©￦³ª￦¸¬©￦¥··³§­¥¸©￦Ο￦‫ڼڵڴڶ‬￦ ‫ڵ‬Ζ‫ڴڴڷ‬Ζ‫ڴڴڴ‬￦
ￓ¹°¸­´°½￦¦½Ό￦ￖ©¶§©²¸¥«©￦³ª￦³»²©¶·¬­´￦Ϯ‫ܫڴڵ‬￦‫ܩ‬￦‫ܫڶڵ‬ϯ￦ ‫ܫڶڶ‬￦
￙¬¥¶©￦­²￦¸¬©￦²©¸￦­²§³±©
￦
‫ںڼڶ‬Ζ‫ڴڴڴ‬￦
ￊ­º­¨©²¨·￦¨©§°¥¶©¨￦¥²¨￦´¥­¨￦ ‫ڴڴڸ‬Ζ‫ڴڴڴ‬￦
ￓ¹°¸­´°½￦¦½Ό￦ￖ©¶§©²¸¥«©￦³ª￦³»²©¶·¬­´ ‫ܫڶڶ‬￦
ￊ­º­¨©²¨·￦¶©§©­º©¨￦ ‫ڼڼ‬Ζ‫ڴڴڴ‬￦
￦
Question No. 4
￙¬¥¶©￦­²￦²©¸￦­²§³±©￦ ‫ںڼڶ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦ￇ±³¶¸­¾¥¸­³²￦³ª￦ￛ²¨©¶º¥°¹©¨￦¥··©¸￦Ϯ·©©￦¸¥¦°©￦¥¦³º©ϯ￦ ‫ڸڼڸ‬Ζ‫ڴڴڴ‬￦
ￇ¨®¹·¸©¨￦²©¸￦­²º©·¸±©²¸￦­²§³±© (B Ϯ‫ڼڽڵ‬Ζ‫ڴڴڴ‬ϯ￦
￦
Question No. 5
￉³·¸￦³ª￦ￏ²º©·¸±©²¸￦ ‫ڻ‬Ζ‫ڴڸڴ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦ￔ©¸￦·¬¥¶©￦­²￦¸¬©￦°³··￦Ϯ·©©￦²³Κ￦‫ڸ‬ϯ￦ ‫ڼڽڵ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦ￊ­º­¨©²¨·￦¶©§©­º©¨ ‫ڼڼ‬Ζ‫ڴڴڴ‬￦
￉¥¶¶½­²«￦º¥°¹©￦ ￦‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ڼڵڴڶ‬ (B ‫ں‬Ζ‫ڸڹڻ‬Ζ‫ڴڴڴ‬￦
￦
SUMMARY OF ANSWERS:
1. B 2. B 3. C 4. B 5. B
￦
￦
PROBLEM 17-6 Cost To Equity Method
￦

Question No. 1
￉³²·­¨©¶¥¸­³²￦¶©§©­º©¨￦Ϯ‫ڴڸ‬Ζ‫ڴڴڴ‬￦¼￦‫ڴڷڵ‬ϯ ￖ‫ڹ‬Ζ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦ￊ­º­¨©²¨￦­²§³±©￦Ϯ‫ڴڵ‬￦¼￦‫ڴڸ‬Ζ‫ڴڴڴ‬ϯ￦ ‫ڴڴڸ‬Ζ‫ڴڴڴ‬￦
ￔ©¸￦·©°°­²«￦´¶­§©￦ ‫ڸ‬Ζ‫ڴڴڼ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦￉¥¶¶½­²«￦º¥°¹©￦Ϯ‫ڹ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬ϯ￦ ‫ڹ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
ￒ³··￦³²￦·¥°©￦ ￦ ￦ (A Ϯￖ‫ڴڴڶ‬Ζ‫ڴڴڴ‬ϯ￦
(Assuming FIFO Method)

Question No. 2
￉³²·­¨©¶¥¸­³²￦¶©§©­º©¨￦ ￖ‫ڹ‬Ζ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦ￊ­º­¨©²¨￦­²§³±©￦Ϯ‫ڹ‬￦¼￦‫ڴڸ‬Ζ‫ڴڴڴ‬ϯ￦ ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦
ￔ©¸￦·©°°­²«￦´¶­§© ‫ڹ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦￉¥¶¶½­²«￦º¥°¹©￦σ‫ڶڵ‬ￓΟϮￖ‫ڹ‬￦¼￦‫ڴڴڵ‬Ζ‫ڴڴڴ‬ϯϑ‫ڴڴڵ‬Ζ‫ڴڴڴ‬σ￦¼￦‫ڴڸ‬Ζ‫ڴڴڴ‬ϯ￦ ‫ڸ‬Ζ‫ڴڴں‬Ζ‫ڴڴڴ‬￦
ￍ¥­²￦³²￦·¥°©￦ ￦ ￦ ￦ (B)￦ ￖ‫ڴڴڸ‬Ζ‫ڴڴڴ‬￦
￦

Question No. 3
ￌ¥­¶￦º¥°¹©￦Ϯￖ‫ڴڸڵ‬￦¼￦‫ڴں‬Ζ‫ڴڴڴ‬ϯ￦ ￦ (A)￦ ￖ‫ڼ‬Ζ‫ڴڴڸ‬Ζ‫ڴڴڴ‬￦
￦
Question No. 4
￉³·¸￦³ª￦ￏ²º©·¸±©²¸￦ ‫ڵڴ‬ϑ‫ڵڴ‬ϑ‫ڻڵڴڶ‬ ‫ڶ‬Ζ‫ڴڴڸ‬Ζ‫ڴڴڴ‬￦
ￇ¨¨Ό￦ￔ©¸￦­²º©·¸±©²¸￦­²§³±©￦Ο￦‫ڻڵڴڶ‬￦Ϯ‫ڹ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦¼￦‫ܫڴڷ‬ϯ￦ ‫ڵ‬Ζ‫ڴڴڹ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦ￊ­º­¨©²¨·￦¶©§©­º©¨￦Ο‫ڻڵڴڶ‬￦Ϯ‫ܫڴڷ‬￦¼￦‫ڶ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬ϯ￦ ‫ڴڴں‬Ζ‫ڴڴڴ‬￦
152
Chapter 17: Investment in Associate

￉¥¶¶½­²«￦º¥°¹©￦ ￦‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ڻڵڴڶ‬￦ ‫ڷ‬Ζ‫ڴڴڷ‬Ζ‫ڴڴڴ‬￦

ￇ¨¨Ό￦ￔ©¸￦­²º©·¸±©²¸￦­²§³±©￦Ο￦‫ڼڵڴڶ‬￦Ϯ‫ں‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦¼￦‫ܫڴڷ‬ϯ￦ ‫ڵ‬Ζ‫ڴڴڼ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦ￊ­º­¨©²¨·￦¶©§©­º©¨￦Ο‫ڼڵڴڶ‬￦Ϯ‫ܫڴڷ‬￦¼￦‫ڷ‬Ζ‫ڴڴڶ‬Ζ‫ڴڴڴ‬ϯ ‫ڴںڽ‬Ζ‫ڴڴڴ‬￦
￉¥¶¶½­²«￦º¥°¹©￦ ￦‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ڼڵڴڶ‬￦ ‫ڸ‬Ζ‫ڴڸڵ‬Ζ‫ڴڴڴ‬￦
￦

ￔ©¸￦·©°°­²«￦´¶­§©￦ ‫ڶ‬Ζ‫ڴڴڸ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦￉¥¶¶½­²«￦¥±³¹²¸￦Ϯￖ‫ڸ‬Ζ‫ڴڸڵ‬Ζ‫ڴڴڴ‬￦¼￦‫ڏ‬ϯ￦ ‫ڶ‬Ζ‫ڴڻڴ‬Ζ‫ڴڴڴ‬￦
ￍ¥­²￦³²￦·¥°©￦ ￦ ￦ ￦ (B)￦ ￖ‫ڴڷڷ‬Ζ‫ڴڴڴ‬￦
￦
Question No. 5
Investment in Kababain FVTOCI:
ￌ¥­¶￦º¥°¹©￦Ϯￖ‫ڴڹڵ‬￦¼￦‫ڹڵ‬Ζ‫ڴڴڴ‬ϯ￦ ‫ڶ‬Ζ‫ڴڹڶ‬Ζ‫ڴڴڴ‬￦ ￦
ￒ©··Ό￦￉¥¶¶½­²«￦¥±³¹²¸￦ ‫ڶ‬Ζ‫ڴڻڴ‬Ζ‫ڴڴڴ‬￦ ‫ڴڼڵ‬Ζ‫ڴڴڴ‬￦
Investment in Passing Rate FVTOCI: ￦ ￦
ￌ¥­¶￦º¥°¹©￦Ϯￖ‫ڴڸڵ‬￦¼￦‫ڴں‬Ζ‫ڴڴڴ‬ϯ ‫ڼ‬Ζ‫ڴڴڸ‬Ζ‫ڴڴڴ‬￦ ￦
ￒ©··￦￉³·¸￦Ϯ‫ڶڵ‬ￓΟϮ‫ڴڵ‬￦¼￦‫ڴڴڵ‬Ζ‫ڴڴڴ‬ϯϯϑ‫ڴڴڵ‬Ζ‫ڴڴڴ‬￦¼￦‫ڴں‬Ζ‫ڴڴڴ‬ϯ￦ ‫ں‬Ζ‫ڴڴں‬Ζ‫ڴڴڴ‬￦ ‫ڵ‬Ζ‫ڴڴڼ‬Ζ‫ڴڴڴ‬￦
ￚ³¸¥°￦ￛ²¶©¥°­¾©¨￦ￍ¥­²￦ ￕ￉ￏ￦¸³￦￙ￌￖ￦ (C)￦ ￦ ‫ڵ‬Ζ‫ڴڼڽ‬Ζ‫ڴڴڴ‬￦
￦

SUMMARY OF ANSWERS:
1. A 2. B 3. A 4. B 5. C
￦
￦
PROBLEM 17-7 Change From Equity to Cost Method
￦

Question No. 1
￉³·¸￦³ª￦ￏ²º©·¸±©²¸￦ ‫ڸ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
ￇ¨¨Ό￦ￔ©¸￦­²º©·¸±©²¸￦­²§³±©￦σϮ‫ڵ‬Κ‫ڼ‬ￓΟ‫ڴڸڼ‬Ζ‫ڴڴڴ‬ϯ￦¼￦‫ܫڴڶ‬σ￦ ‫ڶڽڵ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦ￊ­º­¨©²¨·￦¶©§©­º©¨￦Ϯￖ‫ڴڴڵ‬Ζ‫ڴڴڴ‬￦‫ܩ‬￦ￖ‫ڴڴڵ‬Ζ‫ڴڴڴ‬ϯ￦ ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦
￉¥¶¶½­²«￦º¥°¹©￦ ￦‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ڻڵڴڶ‬￦ ￦ (B)￦ ‫ڷ‬Ζ‫ڶڽڽ‬Ζ‫ڴڴڴ‬￦
￦

Note:
ￚ¬©￦¨­º­¨©²¨￦¶©§©­º©¨￦³²￦ￇ¹«¹·¸￦‫ڵ‬Ζ￦‫ڻڵڴڶ‬￦²©©¨￦²³¸￦¦©￦´¶³¶¥¸©¨￦©º©²￦¸¬³¹«¬￦
¸¬©￦­²º©·¸±©²¸￦»¥·￦¥§µ¹­¶©¨￦³²￦￐¹°½￦‫ڵ‬Ζ￦‫ڻڵڴڶ‬￦·­²§©￦¨­º­¨©²¨·￦­·￦§³²·­¨©¶©¨￦
»¬©²￦¸¬©￦­²º©·¸³¶￦¬¥·￦¸¬©￦¶­«¬¸￦¸³￦¶©§©­º©￦´¥½±©²¸￦Ϯ­Κ©Κ￦¨¥¸©￦³ª￦¨©§°¥¶¥¸­³²ϯΚ￦
ￚ¬©￦ￖ‫ڵ‬Κ‫ڼ‬ￓ￦²©¸￦­²§³±©￦»¥·￦ª³¶￦¥￦´©¶­³¨￦³ª￦‫ڶڵ‬￦±³²¸¬·￦©²¨­²«￦ￊ©§©±¦©¶￦‫ڵڷ‬Κ￦
￦
Question No. 2
￙¥°©·￦´¶­§©￦Ϯￖ‫ڹڶ‬￦¼￦‫ڴڹ‬Ζ‫ڴڴڴ‬ϯ￦ ‫ڵ‬Ζ‫ڴڹڶ‬Ζ‫ڴڴڴ‬￦
￉¥¶¶½­²«￦º¥°¹©￦³ª￦·¬¥¶©·￦Ϯￖ‫ڷ‬Ζ‫ڶڽڽ‬Ζ‫ڴڴڴ‬￦¼￦‫ڴڹ‬Ζ‫ڴڴڴ‬ϑ‫ڴڴڶ‬Ζ‫ڴڴڴ‬ϯ￦ ‫ڼڽڽ‬Ζ‫ڴڴڴ‬￦
ￍ¥­²￦³²￦·¥°©￦³ª￦­²º©·¸±©²¸￦ ￦ (B)￦ ‫ڶڹڶ‬Ζ‫ڴڴڴ‬￦
￦

Question No. 3
ￌ¥­¶￦º¥°¹©￦³ª￦¶©¸¥­²©¨￦­²º©·¸±©²¸￦Ϯￖ‫ڹڶ‬￦¼￦‫ڴڹڵ‬Ζ￦‫ڴڴڴ‬ϯ ‫ڷ‬Ζ‫ڴڹڻ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦ ￉¥¶¶½­²«￦ ¥±³¹²¸￦ ³ª￦ ¶©¸¥­²©¨￦ ­²º©·¸±©²¸￦ Ϯￖ‫ڷ‬Ζ‫ڶڽڽ‬Ζ‫ڴڴڴ‬￦ ¼￦ ￦
‫ڴڹڵ‬Ζ‫ڴڴڴ‬ϑ‫ڴڴڶ‬Ζ‫ڴڴڴ‬ϯ￦ ‫ڶ‬Ζ‫ڸڽڽ‬Ζ‫ڴڴڴ‬￦
ￍ¥­²￦³²￦¶©§°¥··­ª­§¥¸­³²￦¸³￦ￖ̲ￒ￦ ￦ (C)￦ ‫ںڹڻ‬Ζ‫ڴڴڴ‬￦
￦

153
Chapter 17: Investment in Associate

Question No. 4
ￌ¥­¶￦º¥°¹©Ζ￦ￊ©§Κ￦‫ڵڷ‬Ζ￦‫ ڼڵڴڶ‬Ϯￖ‫ڴڷ‬￦¼￦‫ڴڹڵ‬Ζ‫ڴڴڴ‬ϯ￦ ‫ڸ‬Ζ‫ڴڴڹ‬Ζ‫ڴڴڴ‬￦
ￌ¥­¶￦º¥°¹©Ζ￦￐¥²Κ￦‫ڵ‬Ζ￦‫ڼڵڴڶ‬￦Ϯￖ‫ڹڶ‬￦¼￦‫ڴڹڵ‬Ζ‫ڴڴڴ‬ϯ￦ ‫ڷ‬Ζ‫ڴڹڻ‬Ζ‫ڴڴڴ‬￦
ￛ²¶©¥°­¾©¨￦«¥­²Ζ￦ￊ©§Κ￦‫ڵڷ‬Ζ￦‫ڼڵڴڶ‬￦ ￦ (B)￦ ‫ڴڹڻ‬Ζ‫ڴڴڴ‬￦
￦
Question No. 5
ￌ¥­¶￦º¥°¹©Ζ￦ￊ©§Κ￦‫ڵڷ‬Ζ￦‫ڼڵڴڶ‬￦Ϯￖ‫ڴڷ‬￦¼￦‫ڴڹڵ‬Ζ‫ڴڴڴ‬ϯ￦ (A)￦ ‫ڸ‬Ζ‫ڴڴڹ‬Ζ‫ڴڴڴ‬￦
￦
SUMMARY OF ANSWERS:
1. B 2. B 3. C 4. B 5. A
￦
￦
PROBLEM 17-9: Discontinuance of Equity Method
￦

Question No. 1
￉³·¸￦³ª￦ￏ²º©·¸±©²¸￦ ‫ڵ‬Ζ‫ڴڶں‬Ζ‫ڴڴڴ‬
ￒ©··Ό￦￈³³¯￦º¥°¹©￦³ª￦²©¸￦¥··©¸￦¥§µ¹­¶©¨￦ ‫ڵ‬Ζ‫ڴڴڹ‬Ζ‫ڴڴڴ‬￦
ￋ¼§©··￦³ª￦§³·¸￦³º©¶￦¦³³¯￦º¥°¹©￦ ‫ڴڶڵ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦ￕº©¶º¥°¹©¨￦¥··©¸￦
￦￦￦￦ￓ¥§¬­²©¶½￦ ‫ڼڸ‬Ζ‫ڴڴڴ‬
￦￦￦￦ￏ²¸¥²«­¦°©￦¥··©¸·￦ ‫ڹڵ‬Ζ‫ڴڴڴ‬￦
ￍ³³¨»­°°￦ ‫ڻڹ‬Ζ‫ڴڴڴ‬￦
￦
￉³·¸￦³ª￦ￏ²º©·¸±©²¸￦ ￦￐¹°½￦‫ڵ‬￦ ‫ڵ‬Ζ‫ڴڶں‬Ζ‫ڴڴڴ‬￦
ￇ¨¨Ό￦￙¬¥¶©￦­²￦¸¬©￦ￔￏ￦ ‫ڴڶڵ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦ￇ±³¶¸­¾¥¸­³²￦³ª￦±¥§¬­²©¶½￦Ϯ‫ڼڸ‬￑ϑ‫ڼ‬￦¼￦‫ں‬ϑ‫ڶڵ‬ϯ￦ ‫ڷ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦ￇ±³¶¸­¾¥¸­³²￦³ª￦­²¸¥²«­¦°©￦¥··©¸·￦Ϯ‫ڹڵ‬￑ϑ‫ڹ‬￦¼￦‫ں‬ϑ‫ڶڵ‬ϯ￦ ‫ڵ‬Ζ‫ڴڴڹ‬
ￒ©··Ό￦ￊ­º­¨©²¨·￦¶©§©­º©¨￦ ‫ڴڽ‬Ζ‫ڴڴڴ‬￦
￉¥¶¶½­²«￦º¥°¹©￦ ￦ￊ©§©±¦©¶￦‫( ڵڷ‬A)￦ ‫ڵ‬Ζ‫ڹڸں‬Ζ‫ڴڴڹ‬￦
￦
Question No. 2
￉¥¶¶½­²«￦¥±³¹²¸ ‫ڵ‬Ζ‫ڹڸں‬Ζ‫ڴڴڹ‬￦
ￒ©··Ό￦￘©§³º©¶¥¦°©￦¥±³¹²¸￦ ‫ڵ‬Ζ‫ڴڼں‬Ζ‫ڴڴڴ‬￦
ￏ±´¥­¶±©²¸￦°³··￦￦ ￦ (A)￦ Ο￦
￦
Question No. 3
￉¥¶¶½­²«￦¥±³¹²¸￦Ϯ·©©￦¦©°³»ϯ￦ ‫ڵ‬Ζ‫ڵںڼ‬Ζ‫ڴڴڹ‬￦
ￒ©··Ό ￘©§³º©¶¥¦°©￦¥±³¹²¸ ‫ڵ‬Ζ‫ڴڼں‬Ζ‫ڴڴڴ‬￦
ￏ±´¥­¶±©²¸￦°³·· ￦ ￦ (D)￦ ‫ڵڼڵ‬Ζ‫ڴڴڹ‬￦

￉¥¶¶½­²«￦º¥°¹©￦ ￦￐¥²¹¥¶½￦‫ڵ‬￦ ‫ڵ‬Ζ‫ڹڸں‬Ζ‫ڴڴڹ‬
ￇ¨¨Ό￦￙¬¥¶©￦­²￦¸¬©￦ￔￏ￦ ‫ڴڶڸ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦￙¬¥¶©￦­²￦ￕ￉ￒ￦ ‫ڹڸ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦ￇ±³¶¸­¾¥¸­³²￦³ª￦±¥§¬­²©¶½￦Ϯ‫ڼڸ‬￑ϑ‫ڼ‬ϯ￦ ‫ں‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦ￇ±³¶¸­¾¥¸­³²￦³ª￦­²¸¥²«­¦°©￦¥··©¸·￦Ϯ‫ڹڵ‬￑ϑ‫ڹ‬ϯ￦ ‫ڷ‬Ζ‫ڴڴڴ‬
ￒ©··Ό￦ￊ­º­¨©²¨·￦¶©§©­º©¨￦ ‫ڴڹڵ‬Ζ‫ڴڴڴ‬￦
154
Chapter 17: Investment in Associate

￉¥¶¶½­²«￦º¥°¹©￦ ￦ￊ©§©±¦©¶￦‫ڵڷ‬￦ ‫ڵ‬Ζ‫ڵںڼ‬Ζ‫ڴڴڹ‬￦

Question No. 4
￙¬¥¶©￦­²￦¸¬©￦ￔￏ ‫ڴڶڸ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦ￇ±³¶¸­¾¥¸­³²￦³ª￦±¥§¬­²©¶½￦Ϯ‫ڼڸ‬￑ϑ‫ڼ‬ϯ￦ ‫ں‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦ￇ±³¶¸­¾¥¸­³²￦³ª￦­²¸¥²«­¦°©￦¥··©¸·￦Ϯ‫ڹڵ‬￑ϑ‫ڹ‬ϯ￦ ‫ڷ‬Ζ‫ڴڴڴ‬￦
ￏ²º©·¸±©²¸￦­²§³±©￦ ￦ (D)￦ ‫ڵڵڸ‬Ζ‫ڴڴڴ‬￦
￦
Question No. 5
ￍ¥­²￦³²￦·¥°© ‫ںڽ‬Ζ‫ڴڴڴ‬￦
ￍ¥­²￦³²￦¶©§°¥··­ª­§¥¸­³²￦ ‫ڸڸڵ‬Ζ‫ڴڴڴ‬￦
￘©§°¥··­ª­§¥¸­³²￦°³··￦ Ϯ‫ڹڸ‬Ζ‫ڴڴڴ‬ϯ￦
ￔ©¸￦«¥­²￦￦ ￦ ￦ (D)￦ ‫ڹڽڵ‬Ζ‫ڴڴڴ‬￦

ￔ©¸￦￙©°°­²«￦ￖ¶­§©￦Ϯ‫ڸڶ‬Ζ‫ڴڴڴ‬￦¼￦‫ڶڷ‬ϯ￦ ‫ڼںڻ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό ￉¥¶¶½­²«￦¥±³¹²¸￦Ϯ‫ڵ‬Ζ‫ڴڼں‬Ζ‫ڴڴڴ‬￦¼￦‫¯ڸڶ‬ϑ‫¯ڴں‬ϯ￦ ‫ڶڻں‬Ζ‫ڴڴڴ‬￦
ￍ¥­²￦³²￦·¥°©￦ ‫ںڽ‬Ζ‫ڴڴڴ‬￦

ￌ¥­¶￦º¥°¹©￦³ª￦¶©±¥­²­²«￦­²º©·¸±©²¸￦Ϯ‫ںڷ‬Ζ‫ڴڴڴ‬￦¼￦‫ڶڷ‬ϯ￦ ‫ڵ‬Ζ‫ڶڹڵ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦￉¥¶¶½­²«￦¥±³¹²¸￦³ª￦¶©±¥­²­²«￦­²º©·¸±©²¸￦Ϯ‫ڵ‬Ζ‫ڴڼں‬Ζ‫ڴڴڴ‬￦¼￦
‫¯ںڶ‬ϑ‫¯ڴں‬ϯ￦ ‫ڵ‬Ζ‫ڼڴڴ‬Ζ‫ڴڴڴ‬￦
ￍ¥­²￦³²￦¶©§°¥··­ª­§¥¸­³²Οￖ̲ￒ￦ ‫ڸڸڵ‬Ζ‫ڴڴڴ‬￦

￘©§°¥··­ª­§¥¸­³²￦°³··￦³ª￦¥¶­·­²«￦ª¶³±￦¸¶¥²·°¥¸­³²￦³ª￦ª³¶©­«²￦
³´©¶¥¸­³²·Οￖ̲ￒ￦Ϯ‫ڴڹڵ‬Ζ‫ڴڴڴ‬￦¼￦‫ܫڴڷ‬ϯ￦ Ϯ‫ڹڸ‬Ζ‫ڴڴڴ‬ϯ￦

SUMMARY OF ANSWERS:
1. A 2. A 3. D 4. D 5. D
￦
￦
PROBLEM 17-9 Deemed disposal
CASE NO. 1:￦
ￚ³¸¥°￦³¹¸·¸¥²¨­²«￦·¬¥¶©·￦³ª￦¸¬©￦­²º©·¸©©￦¦©ª³¶©￦¨©©±©¨￦
‫ڼ‬ ‫ڹ‬ϯ￦ ‫ڴںڵ‬Ζ‫ڴڴڴ‬￦
ￓ¹°¸­´°½￦¦½Ό￦ￕ°¨￦­²¸©¶©·¸￦¬©°¨￦ ‫ܫڴڶ‬￦
ￔ³Κ￦³ª￦·¬¥¶©￦¬©°¨￦¦©ª³¶©￦¨©©±©¨￦¨­·´³·¥°￦ ‫ڶڷ‬Ζ‫ڴڴڴ‬￦

ￔ³Κ￦³ª￦·¬¥¶©·￦¬©°¨￦¦©ª³¶©￦¨­·´³·¥°￦¨©©±©¨￦¨­·´³·¥°￦ ￦ ‫ڶڷ‬Ζ‫ڴڴڴ‬￦
ￊ­º­¨©￦¦½Ό￦ￚ³¸¥°￦²©»￦·¬¥¶©·￦ ￦ ￦
￦￦ￚ³¸¥°￦³¹¸·¸¥²¨­²«￦·¬¥¶©·￦³ª￦¸¬©￦­²º©·¸©©￦¦©ª³¶©￦ ‫ڴںڵ‬Ζ‫ڴڴڴ‬￦
¨©©±©¨￦¨­·´³·¥°￦ ￦
￦￦ￇ¨¨Ό￦ￔ©»￦·¬¥¶©·￦­··¹©¨￦ ‫ڴڸ‬Ζ‫ڴڴڴ‬￦ ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦
￙¬¥¶©￦­²￦¸¬©￦³»²©¶·¬­´￦­²¸Κ￦after￦¨©©±©¨￦¨­·´³·¥°￦ ￦ ‫ںڵ‬Κ‫ܫڴڴ‬￦

155
Chapter 17: Investment in Associate

Question No. 1￦
ￚ³¸¥°￦￉¥¶¶½­²«￦¥±³¹²¸￦³ª￦­²º©·¸©©‫·ك‬￦²©¸￦¥··©¸￦¦©ª³¶©￦­··¹¥²§© ‫ڵ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
ￇ¨¨Ό￦ￚ³¸¥°￦­··¹©￦´¶­§©￦³ª￦²©»￦·¬¥¶©·￦­··¹©¨￦Ϯ‫ڴڸ‬Ζ‫ڴڴڴ‬￦¼￦ ‫ڼ‬ϯ￦ ‫ڴڶڷ‬Ζ‫ڴڴڴ‬￦
ￚ³¸¥°￦²©»￦§¥¶¶½­²«￦¥±³¹²¸￦¸¬©￦­²º©·¸©©‫·ك‬￦²©¸￦¥··©¸￦¥ª¸©¶￦
­··¹¥²§©￦ ‫ڵ‬Ζ‫ڴڶڷ‬Ζ‫ڴڴڴ‬￦
ￓ¹°¸­´°½￦¦½Ό￦ￔ©»￦´©¶§©²¸¥«© ‫ںڵ‬Κ‫ܫڴڴ‬￦
￉¥¶¶½­²«￦¥±³¹²¸￦after￦¨©©±©¨￦¨­·´³·¥°￦ ‫ڵڵڶ‬Ζ‫ڴڴڶ‬￦
ￒ©··Ό￦￉¥¶¶½­²«￦¥±³¹²¸￦¦©ª³¶©￦¨©©±©¨￦¨­·´³·¥°￦ ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦
ￍ¥­²￦³²￦¨©©±©¨￦¨­·´³·¥°Οￖ̲ￒ￦ ￦ (B)￦ ‫ڵڵ‬Ζ‫ڴڴڶ‬￦
￦
Question No. 2
ￚ¬©￦©²¸­¶©￦¥±³¹²¸￦³ª￦ ‫ڴڴڵ‬Ζ‫ڴڴڴ‬￦»­°°￦¦©￦¶©§½§°©¨￦¸¬¶³¹«¬￦´¶³ª­¸￦³¶￦°³··Κ￦ (B)￦
￦
Question No. 3
Nil. ￙¬¥¶©￦­²￦ ¸¬©￦ ¶©º¥°¹¥¸­³²￦ ·¹¶´°¹·￦ ­·￦ ²³¸￦¶©§½§°©¨￦ ¸¬¶³¹«¬￦ ´¶³ª­¸￦ ³¶￦°³··￦ ¦¹¸￦
¶¥¸¬©¶￦§°³·©￦¸³￦¶©¸¥­²©¨￦©¥¶²­²«·Κ￦￦ (A)
￦
CASE NO. 2
ￚ³¸¥°￦³¹¸·¸¥²¨­²«￦·¬¥¶©·￦³ª￦¸¬©￦­²º©·¸©©￦¦©ª³¶©￦¨©©±©¨￦
‫ڼ‬ ‫ڹ‬ϯ￦ ‫ڴںڵ‬Ζ‫ڴڴڴ‬￦
ￓ¹°¸­´°½￦¦½Ό￦ￕ°¨￦­²¸©¶©·¸￦¬©°¨￦ ‫ܫڴڷ‬￦
ￔ³Κ￦³ª￦·¬¥¶©￦¬©°¨￦¦©ª³¶©￦¨©©±©¨￦¨­·´³·¥°￦ ‫ڼڸ‬Ζ‫ڴڴڴ‬￦

ￔ³Κ￦³ª￦·¬¥¶©·￦¬©°¨￦¦©ª³¶©￦¨­·´³·¥°￦¨©©±©¨￦¨­·´³·¥°￦ ￦ ‫ڼڸ‬Ζ‫ڴڴڴ‬￦
ￊ­º­¨©￦¦½Ό￦ￚ³¸¥°￦²©»￦·¬¥¶©·￦ ￦ ￦
￦￦ￚ³¸¥°￦³¹¸·¸¥²¨­²«￦·¬¥¶©·￦³ª￦¸¬©￦­²º©·¸©©￦¦©ª³¶©￦ ‫ڴںڵ‬Ζ‫ڴڴڴ‬￦
¨©©±©¨￦¨­·´³·¥°￦ ￦
￦￦ￇ¨¨Ό￦ￔ©»￦·¬¥¶©·￦­··¹©¨￦ ‫ڴڸ‬Ζ‫ڴڴڴ‬￦ ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦
￙¬¥¶©￦­²￦¸¬©￦³»²©¶·¬­´￦­²¸Κ￦after￦¨©©±©¨￦¨­·´³·¥°￦ ￦ ‫ڸڶ‬Κ‫ܫڴڴ‬￦

Question No. 4
ￚ³¸¥°￦￉¥¶¶½­²«￦¥±³¹²¸￦³ª￦­²º©·¸©©‫·ك‬￦²©¸￦¥··©¸￦¦©ª³¶©￦­··¹¥²§©￦ ‫ڵ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
ￇ¨¨Ό￦ￚ³¸¥°￦­··¹©￦´¶­§©￦³ª￦²©»￦·¬¥¶©·￦­··¹©¨￦Ϯ‫ڴڸ‬Ζ‫ڴڴڴ‬￦¼￦ ‫ڼ‬ϯ￦ ‫ڴڶڷ‬Ζ‫ڴڴڴ‬
ￚ³¸¥°￦²©»￦§¥¶¶½­²«￦¥±³¹²¸￦¸¬©￦­²º©·¸©©‫·ك‬￦²©¸￦¥··©¸￦¥ª¸©¶￦­··¹¥²§©￦ ‫ڵ‬Ζ‫ڴڶڷ‬Ζ‫ڴڴڴ‬￦
ￓ¹°¸­´°½￦¦½Ό￦ￔ©»￦´©¶§©²¸¥«©￦ ‫ڸڶ‬Κ‫ܫڴڴ‬￦
￉¥¶¶½­²«￦¥±³¹²¸￦after￦¨©©±©¨￦¨­·´³·¥°￦ ‫ںڵڷ‬Ζ‫ڴڴڼ‬￦
ￒ©··Ό￦￉¥¶¶½­²«￦¥±³¹²¸￦¦©ª³¶©￦¨©©±©¨￦¨­·´³·¥° ‫ڴڴڷ‬Ζ‫ڴڴڴ‬
ￍ¥­²￦³²￦¨©©±©¨￦¨­·´³·¥°Οￖ̲ￒ ￦ (C)￦ ‫ںڵ‬Ζ‫ڴڴڼ‬

Question No. 5
ￕ²°½￦¸¬©￦´¶³´³¶¸­³²¥¸©￦¨©§¶©¥·©￦³ª￦ ‫ڴڶ‬Ζ‫ڴڴڴ‬￦Ϯ³¶￦ ‫ڴڴڵ‬Ζ‫ڴڴڴ‬￦¼￦‫ܫڴڷ‬Ο‫ܫڸڶ‬ϑ‫ܫڴڷ‬ϯ￦»­°°￦
¦©￦¶©§½§°©¨￦¸¬¶³¹«¬￦´¶³ª­¸￦³¶￦°³··Κ￦￦ (C)￦
￦

156
Chapter 17: Investment in Associate

Question No. 6
Nil. ￙¬¥¶©￦­²￦ ¸¬©￦ ¶©º¥°¹¥¸­³²￦ ·¹¶´°¹·￦ ­·￦ ²³¸￦ ¶©§½§°©¨￦ ¸¬¶³¹«¬￦ ´¶³ª­¸￦³¶￦°³··￦ ¦¹¸￦
¶¥¸¬©¶￦§°³·©￦¸³￦¶©¸¥­²©¨￦©¥¶²­²«·Κ￦￦ (A)

SUMMARY OF ANSWERS:
1. B 2. B 3. A 4. C 5. C 6. A
￦
￦
PROBLEM 17-10 Associate Having Heavy Losses
￦

ￕ¶­«­²¥°￦§³·¸￦ ‫ڵ‬Ζ‫ڴڴڸ‬Ζ‫ڴڴڴ‬￦
￉¥·¬￦¥¨º¥²§©·￦ ‫ڴڴڸ‬Ζ‫ڴڴڴ‬￦
ￚ³¸¥°￦­²¸©¶©·¸￦ ‫ڵ‬Ζ‫ڴڴڼ‬Ζ‫ڴڴڴ‬￦
ￔ©¸￦°³··￦ª¶³±￦‫ڹڵڴڶ‬￦¸³￦‫ڻڵڴڶ‬￦Ϯ‫ܫڴڸ‬￦¼￦‫ڸ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬ϯ Ϯ‫ڵ‬Ζ‫ڴڴں‬Ζ‫ڴڴڴ‬ϯ￦
￉¥¶¶½­²«￦¥±³¹²¸￦³ª￦­²º©·¸±©²¸￦ ￦‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ڻڵڴڶ‬￦ ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦
￙¬¥¶©￦­²￦²©¸￦°³··￦³ª￦‫ڼڵڴڶ‬￦Ϯ‫ܫڴڸ‬￦¼￦‫ڴڴڼ‬Ζ‫ڴڴڴ‬ϯ￦ ‫ڴڶڷ‬Ζ‫ڴڴڴ‬￦
ￒ³··￦¸³￦¦©￦¶©´³¶¸©¨￦­²￦‫ڼڵڴڶ‬￦·¬³¹°¨￦¦©￦©µ¹¥°￦¸³￦¸¬©￦­²º©·¸±©²¸￦ ￦
¦¥°¥²§©￦³²°½￦ ￦ ￦ ￦ (C)￦ ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦
￦

ￖￇ￙￦
³ª￦°³··©·￦³ª￦¥²￦¥··³§­¥¸©￦©µ¹¥°·￦³¶￦©¼§©©¨·￦¸¬©￦§¥¶¶½­²«￦¥±³¹²¸￦³ª￦¥²￦­²º©·¸±©²¸Ζ￦
¸¬©￦­²º©·¸³¶￦¨­·§³²¸­²¹©·￦¶©§³«²­¾­²«￦­¸·￦·¬¥¶©￦³ª￦ª¹¶¸¬©¶￦°³··©·Κ￦ￚ¬©￦­²º©·¸±©²¸￦
­·￦¶©´³¶¸©¨￦¥¸￦ￔￏￒ￦³¶￦¾©¶³￦º¥°¹©Κ￦
￦
PROBLEM 17-11 Intercompany Sale of Inventory Tax Effect Ignored
CASE NO. 1: DOWNSTREAM
2017 2018
ￔ©¸￦­²§³±©￦ ‫ڵ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦ ‫ڵ‬Ζ‫ڴڴڹ‬Ζ‫ڴڴڴ‬￦
ￓ¹°¸­´°½￦¦½Ό￦ￖ©¶§©²¸¥«©￦³ª￦³»²©¶·¬­´￦ ‫ܫڹڶ‬￦ ‫ܫڹڶ‬￦
￙¬¥¶©￦­²￦¸¬©￦²©¸￦­²§³±©￦¦©ª³¶©￦¥¨®¹·¸±©²¸￦ ‫ڴڹڶ‬Ζ‫ڴڴڴ‬￦ ‫ڹڻڷ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦ ￛ²¶©¥°­¾©¨￦ ´¶³ª­¸￦ ³²￦ ¨³»²·¸¶©¥±￦ ·¥°©￦ ³ª￦ ￦
­²º©²¸³¶½￦ Ϯ‫ڴڷ‬Ζ‫ڴڴڴ‬ϯ￦ ‫ڴڷ‬Ζ‫ڴڴڴ‬￦
￙¬¥¶©￦­²￦¸¬©￦²©¸￦­²§³±©￦¥ª¸©¶￦¥¨®¹·¸±©²¸￦ ‫ڴڶڶ‬Ζ‫ڴڴڴ‬￦ ‫ڹڴڸ‬Ζ‫ڴڴڴ‬￦
￦ 1. (B) 2. (D)
￦
CASE NO. 2: UPSTREAM
2017 2018
ￔ©¸￦­²§³±©￦ ‫ڵ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦ ‫ڵ‬Ζ‫ڴڴڹ‬Ζ‫ڴڴڴ‬￦
ￓ¹°¸­´°½￦¦½Ό￦ￖ©¶§©²¸¥«©￦³ª￦³»²©¶·¬­´ ‫ܫڹڶ‬ ‫ܫڹڶ‬￦
￙¬¥¶©￦­²￦¸¬©￦²©¸￦­²§³±©￦¦©ª³¶©￦¥¨®¹·¸±©²¸ ‫ڴڹڶ‬Ζ‫ڴڴڴ‬ ‫ڹڻڷ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦ ￛ²¶©¥°­¾©¨￦ ´¶³ª­¸￦ ³²￦ ¹´·¸¶©¥±￦ ·¥°©￦ ³ª￦ ￦ ￦
­²º©²¸³¶½￦¼￦‫ܫڹڶ‬￦ Ϯ‫ڽ‬Ζ‫ڴڴڴ‬ϯ￦ ‫ڽ‬Ζ‫ڴڴڴ‬￦
￙¬¥¶©￦­²￦¸¬©￦²©¸￦­²§³±©￦¥ª¸©¶￦¥¨®¹·¸±©²¸￦ ‫ڵڸڶ‬Ζ‫ڴڴڴ‬￦ ‫ڸڼڷ‬Ζ‫ڴڴڴ‬￦
￦ 3. (B) 4. (D)
￦
SUMMARY OF ANSWERS:
1. B 2. D 3. B 4. D

157
Chapter 17: Investment in Associate

PROBLEM 17-12 Intercompany Sale of Inventory With Tax Effect

CASE NO. 1: DOWNSTREAM
2017 2018
ￔ©¸￦­²§³±©￦ ‫ڵ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦ ‫ڵ‬Ζ‫ڴڴڹ‬Ζ‫ڴڴڴ‬￦
ￓ¹°¸­´°½￦¦½Ό￦ￖ©¶§©²¸¥«©￦³ª￦³»²©¶·¬­´ ‫ܫڹڶ‬ ‫ܫڹڶ‬￦
￙¬¥¶©￦­²￦¸¬©￦²©¸￦­²§³±©￦¦©ª³¶©￦¥¨®¹·¸±©²¸ ‫ڴڹڶ‬Ζ‫ڴڴڴ‬ ‫ڹڻڷ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦ ￛ²¶©¥°­¾©¨￦ ´¶³ª­¸￦ ³²￦ ¨³»²·¸¶©¥±￦ ·¥°©￦ ³ª￦ ￦ ￦
­²º©²¸³¶½￦¼￦(1 - tax rate 30%)￦ Ϯ‫ڵڶ‬Ζ‫ڴڴڴ‬ϯ￦ ‫ڵڶ‬Ζ‫ڴڴڴ‬￦
￙¬¥¶©￦­²￦¸¬©￦²©¸￦­²§³±©￦¥ª¸©¶￦¥¨®¹·¸±©²¸￦ ‫ڽڶڶ‬Ζ‫ڴڴڴ‬￦ ‫ںڽڷ‬Ζ‫ڴڴڴ‬￦
￦ 1. (A) 2. (C)
￦
CASE NO. 2: UPSTREAM
2017 2018
ￔ©¸￦­²§³±©￦ ‫ڵ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦ ‫ڵ‬Ζ‫ڴڴڹ‬Ζ‫ڴڴڴ‬￦
ￓ¹°¸­´°½￦¦½Ό￦ￖ©¶§©²¸¥«©￦³ª￦³»²©¶·¬­´ ‫ܫڹڶ‬ ‫ܫڹڶ‬￦
￙¬¥¶©￦­²￦¸¬©￦²©¸￦­²§³±©￦¦©ª³¶©￦¥¨®¹·¸±©²¸￦ ‫ڴڹڶ‬Ζ‫ڴڴڴ‬￦ ‫ڹڻڷ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦ ￛ²¶©¥°­¾©¨￦ ´¶³ª­¸￦ ³²￦ ¹´·¸¶©¥±￦ ·¥°©￦ ³ª￦ ￦ ￦
­²º©²¸³¶½￦¼￦‫ܫڹڶ‬￦¼￦(1 - tax rate 30%)￦ Ϯ‫ڹ‬Ζ‫ڴڹڶ‬ϯ￦ ‫ڹ‬Ζ‫ڴڹڶ‬￦
￙¬¥¶©￦­²￦¸¬©￦²©¸￦­²§³±©￦¥ª¸©¶￦¥¨®¹·¸±©²¸￦ ‫ڸڸڶ‬Ζ‫ڴڹڻ‬ ‫ڴڼڷ‬Ζ‫ڴڹڶ‬￦
￦ 3. (C) 4. (B)
￦

SUMMARY OF ANSWERS:
1. A 2. C 3. C 4. B
￦
￦
PROBLEM 17-13 Intercompany Sale of Depreciable Asset Tax Effect Ignored
CASE NO. 1: DOWNSTREAM
2017 2018
ￔ©¸￦­²§³±©￦ ‫ڵ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦ ‫ڵ‬Ζ‫ڴڴڹ‬Ζ‫ڴڴڴ‬￦
ￓ¹°¸­´°½￦¦½Ό￦ￖ©¶§©²¸¥«©￦³ª￦³»²©¶·¬­´￦ ‫ܫڹڶ‬￦ ‫ܫڹڶ‬￦
￙¬¥¶©￦­²￦¸¬©￦²©¸￦­²§³±©￦¦©ª³¶©￦¥¨®¹·¸±©²¸￦ ‫ڴڹڶ‬Ζ‫ڴڴڴ‬￦ ‫ڹڻڷ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦ￛ²¶©¥°­¾©¨￦«¥­²￦³²￦¨³»²·¸¶©¥±￦·¥°©￦³ª￦ￖￖￋ Ϯ‫ڴںڵ‬Ζ‫ڴڴڴ‬ϯ ‫ڴڸ‬Ζ‫ڴڴڴ‬￦
￙¬¥¶©￦­²￦¸¬©￦²©¸￦­²§³±©￦¥ª¸©¶￦¥¨®¹·¸±©²¸￦ ‫ڴڽ‬Ζ‫ڴڴڴ‬￦ ‫ڹڵڸ‬Ζ‫ڴڴڴ‬￦
￦ 1. (B) 2. (D)

CASE NO. 2: UPSTREAM
2017 2018
ￔ©¸￦­²§³±©￦ ‫ڵ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦ ‫ڵ‬Ζ‫ڴڴڹ‬Ζ‫ڴڴڴ‬￦
ￓ¹°¸­´°½￦¦½Ό￦ￖ©¶§©²¸¥«©￦³ª￦³»²©¶·¬­´￦ ‫ܫڹڶ‬￦ ‫ܫڹڶ‬￦
￙¬¥¶©￦­²￦¸¬©￦²©¸￦­²§³±©￦¦©ª³¶©￦¥¨®¹·¸±©²¸￦ ‫ڴڹڶ‬Ζ‫ڴڴڴ‬￦ ‫ڹڻڷ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦ￛ²¶©¥°­¾©¨￦«¥­²￦³²￦¹´·¸¶©¥±￦·¥°©￦³ª￦ￖￖￋ Ϯ‫ڴڸ‬Ζ‫ڴڴڴ‬ϯ ‫ڴڵ‬Ζ‫ڴڴڴ‬￦
￙¬¥¶©￦­²￦¸¬©￦²©¸￦­²§³±©￦¥ª¸©¶￦¥¨®¹·¸±©²¸￦ ‫ڴڵڶ‬Ζ‫ڴڴڴ‬ ‫ڹڼڷ‬Ζ‫ڴڴڴ‬￦
￦ 3. (B) 4. (D)
￦

SUMMARY OF ANSWERS:
1. B 2. D 3. B 4. D

158
Chapter 17: Investment in Associate

PROBLEM 17-14 Intercompany Sale of Depreciable Asset With Tax Effect

CASE NO. 1: DOWNSTREAM
2017 2018
ￔ©¸￦­²§³±©￦ ‫ڵ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦ ‫ڵ‬Ζ‫ڴڴڹ‬Ζ‫ڴڴڴ‬￦
ￓ¹°¸­´°½￦¦½Ό￦ￖ©¶§©²¸¥«©￦³ª￦³»²©¶·¬­´ ‫ܫڹڶ‬ ‫ܫڹڶ‬￦
￙¬¥¶©￦­²￦¸¬©￦²©¸￦­²§³±©￦¦©ª³¶©￦¥¨®¹·¸±©²¸ ‫ڴڹڶ‬Ζ‫ڴڴڴ‬ ‫ڹڻڷ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦ￛ²¶©¥°­¾©¨￦«¥­²￦³²￦¨³»²·¸¶©¥±￦·¥°©￦³ª￦ￖￖￋ￦¼￦ Ϯ‫ڶڵڵ‬Ζ‫ڴڴڴ‬ϯ￦ ‫ڼڶ‬Ζ‫ڴڴڴ‬￦
(1 - tax rate 30%)￦
￙¬¥¶©￦­²￦¸¬©￦²©¸￦­²§³±©￦¥ª¸©¶￦¥¨®¹·¸±©²¸￦ ‫ڼڷڵ‬Ζ‫ڴڴڴ‬￦ ‫ڷڴڸ‬Ζ‫ڴڴڴ‬￦
￦ 1. (D) 2. (B)

CASE NO. 2: UPSTREAM
2017 2018
ￔ©¸￦­²§³±©￦ ‫ڵ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦ ‫ڵ‬Ζ‫ڴڴڹ‬Ζ‫ڴڴڴ‬￦
ￓ¹°¸­´°½￦¦½Ό￦ￖ©¶§©²¸¥«©￦³ª￦³»²©¶·¬­´ ‫ܫڹڶ‬ ‫ܫڹڶ‬￦
￙¬¥¶©￦­²￦¸¬©￦²©¸￦­²§³±©￦¦©ª³¶©￦¥¨®¹·¸±©²¸￦ ‫ڴڹڶ‬Ζ‫ڴڴڴ‬￦ ‫ڹڻڷ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦ ￛ²¶©¥°­¾©¨￦ «¥­²￦ ³²￦ ¹´·¸¶©¥±￦ ·¥°©￦ ³ª￦ ￖￖￋ￦ ¼￦ Ϯ‫ڼڶ‬Ζ‫ڴڴڴ‬ϯ￦ ‫ڻ‬Ζ‫ڴڴڴ‬￦
‫ܫڹڶ‬￦¼￦(1 - tax rate 30%)￦
￙¬¥¶©￦­²￦¸¬©￦²©¸￦­²§³±©￦¥ª¸©¶￦¥¨®¹·¸±©²¸￦ ‫ڶڶڶ‬Ζ‫ڴڴڴ‬ ‫ڶڼڷ‬Ζ‫ڴڴڴ‬￦
￦ 3. (C) 4. (B)
￦

SUMMARY OF ANSWERS:
1. D 2. B 3. C 4. B
￦
COMPREHENSIVE PROBLEMS
PROBLEM 17-15
Question Nos. 1 and 2
2017 2018
ￔ©¸￦­²§³±©￦³ª￦¸¬©￦¥··³§­¥¸©￦￦ ‫ڶ‬Ζ‫ڴڴڹ‬Ζ‫ڴڴڴ‬￦ ‫ڸ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
ￓ¹°¸­´°½￦¦½Ό￦ￖ©¶§©²¸¥«©￦³ª￦³»²©¶·¬­´￦￦ ‫ܫڴڷ‬￦ ‫ܫڴڷ‬￦
￙¬¥¶©￦­²￦ￔￏ￦￦ ‫ڴڹڻ‬Ζ‫ڴڴڴ‬￦ ‫ڵ‬Ζ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦ￍ¥­²￦³²￦·¥°©￦³ª￦©µ¹­´±©²¸￦ Ϯ‫ڴڴڵ‬Ζ‫ڴڴڴ‬ϯ ￦
ￇ¨¨Ό￦ￊ©´¶©§­¥¸­³²￦³ª￦ￋ¼§©··￦￦ ‫ڴڶ‬Ζ‫ڴڴڴ‬￦ ‫ڴڶ‬Ζ‫ڴڴڴ‬￦
ￍ¥­²￦³²￦·¥°©￦³ª￦­²º©²¸³¶½￦Ϯ¹´·¸¶©¥±ϯ￦Ϯ‫ڴڹ‬Ζ‫¼ڴڴڴ‬￦Κ‫ڷ‬ϯ￦ Ϯ‫ڹڵ‬Ζ‫ڴڴڴ‬ϯ￦ ‫ڹڵ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦ￍ¥­²￦³²￦·¥°©￦³ª￦­²º©²¸³¶½￦Ϯￊ³»²·¸¶©¥±ϯ￦￦ Ϯ‫ڴڹڵ‬Ζ‫ڴڴڴ‬ϯ￦
ￔ©¸￦·¬¥¶©￦­²￦ￔￏ￦ ‫ڹڹں‬Ζ‫ڴڴڴ‬ ‫ڵ‬Ζ‫ڹڼڴ‬Ζ‫ڴڴڴ‬￦
1. (B) 2. (B)
￦
Question No. 3
￉³·¸￦￦ ‫ڹ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
ￇ¨¨Ό￦ￏ²º©·¸±©²¸￦ￏ²§³±©￦‫ڻڵڴڶ‬￦￦ ‫ڹڹں‬Ζ‫ڴڴڴ‬
ￒ©··Ό￦ￊ­º­¨©²¨·￦Ϯ‫ڴڴڽ‬Ζ‫¼ڴڴڴ‬￦Κ‫ڷ‬ϯ￦ ‫ڴڻڶ‬Ζ‫ڴڴڴ‬￦
￉¥¶¶½­²«￦¥±³¹²¸￦‫ڻڵڴڶ‬￦￦ ￦ ￦ (A)￦ ‫ڹ‬Ζ‫ڹڼڷ‬Ζ‫ڴڴڴ‬￦
￦

159
Chapter 17: Investment in Associate

Question No. 4
￉¥¶¶½­²«￦¥±³¹²¸￦‫ڵڴ‬ϑ‫ڵڴ‬ϑ‫ڼڵڴڶ‬ ‫ڹ‬Ζ‫ڹڼڷ‬Ζ‫ڴڴڴ‬
ￇ¨¨Ό￦ￏ²§³±©￦ ‫ڵ‬Ζ‫ڹڼڴ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦ￊ­º­¨©²¨·￦Ϯ‫ڶ‬Ζ‫ڴڴڴ‬Ζ‫¼ڴڴڴ‬￦Κ‫ڷ‬ϯ￦ ‫ڴڴں‬Ζ‫ڴڴڴ‬￦
￉¥¶¶½­²«￦ￇ±³¹²¸￦Ο￦‫ڻڵڴڶ‬￦￦￦ ￦ (B)￦ ‫ڹ‬Ζ‫ڴڻڼ‬Ζ‫ڴڴڴ‬￦

Question No. 5
￉¥¶¶½­²«￦¥±³¹²¸￦‫ڵڴ‬ϑ‫ڵڴ‬ϑ‫ڼڵڴڶ‬ ‫ڹ‬Ζ‫ڹڼڷ‬Ζ‫ڴڴڴ‬
ￇ¨¨Ό￦ￏ²§³±©￦ ‫ڵ‬Ζ‫ڹڼڴ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦ￊ­º­¨©²¨·￦Ϯ‫ڶ‬Ζ‫ڴڴڴ‬Ζ‫¼ڴڴڴ‬￦Κ‫ڷ‬ϯ￦ ‫ڴڴں‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦ￇ±³¶¸­¾¥¸­³²￦³ª￦«³³¨»­°°￦Ϯ‫ڴڴڸ‬Ζ‫ڴڴڴ‬￦¼￦‫ڶ‬ϑ‫ڴڵ‬ϯ￦ ‫ڴڼ‬Ζ‫ڴڴڴ‬
￉¥¶¶½­²«￦ￇ±³¹²¸￦Ο￦‫ڻڵڴڶ‬￦￦￦ ￦ (A)￦ ‫ڹ‬Ζ‫ڴڽڻ‬Ζ‫ڴڴڴ‬￦

Note:￦ ￛ²¨©¶￦ ￖￌ￘￙￦ª³¶￦￙ￓￋ·Ζ￦ￏ²¸¥²«­¦°©￦ￇ··©¸·￦ ¥²¨￦ￍ³³¨»­°°￦ ­·￦ ¥±³¶¸­¾©¨￦³º©¶￦

¸¬©­¶￦¹·©ª¹°￦°­ª©Κ￦ￏª￦¥²￦©²¸­¸½￦§¥²²³¸￦¨©¸©¶±­²©￦¶©°­¥¦°½￦¸¬©￦¹·©ª¹°￦°­ª©Ζ￦­¸￦­·￦¥··¹±©¨￦
¸³￦¦©￦‫ڴڵ‬￦½©¥¶·Κ￦
￦
SUMMARY OF ANSWERS:
1. B 2. B 3. A 4. B 5. A
￦
￦
PROBLEM 17-16

Question No. 1
￉³·¸￦ ￖ‫ڵ‬Ζ‫ڴڴڻ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦ￋµ¹­¸½￦­²￦²©¸￦¥··©¸·￦ ‫ڵ‬Ζ‫ڴڴڸ‬Ζ‫ڴڴڴ‬￦
ￏ±´°­©¨￦«³³¨»­°°￦ ￦ ￦ (D)￦ ‫ڴڴڷ‬Ζ‫ڴڴڴ‬￦
￦
Question No. 2
ￖ¶³§©©¨·￦Ϯ‫ڶ‬Ζ‫ڴڴڹ‬￦¼￦ￖ‫ڷڵ‬ϯ ￖ￦￦￦‫ڶڷ‬Ζ‫ڴڴڹ‬￦
ￒ©··Ό￦￉¥¶¶½­²«￦¥±³¹²¸￦σϮￖ‫ڴں‬Ζ‫ڴڴڴ‬ϑ‫ں‬Ζ‫ڴڴڴ‬ϯ￦¼￦‫ڶ‬Ζ‫ڴڴڹ‬σ￦ ‫ڹڶ‬Ζ‫ڴڴڴ‬￦
ￍ¥­²￦³²￦·¥°©￦ ￦ ￦ ￦ (C)￦ ‫ڻ‬Ζ‫ڴڴڹ‬￦

Question No. 3
ￖ¶³§©©¨·￦Ϯ‫ڴڴڹ‬￦¼￦ￖ‫ڵڶ‬ϯ￦ ￖ￦￦￦‫ڴڵ‬Ζ‫ڴڴڹ‬￦
ￒ©··Ό￦￉¥¶¶½­²«￦¥±³¹²¸￦σϮￖ‫ںں‬Ζ‫ڴڴڴ‬ϑϮ‫ڶ‬Ζ‫ڴڴڴ‬￦¼￦‫ܫڴڵڵ‬ϯϯ￦¼￦‫ڴڴڹ‬σ￦ ‫ڹڵ‬Ζ‫ڴڴڴ‬￦
ￒ³··￦³²￦·¥°©￦ ￦ ￦ ￦ (D)￦ ‫ڸ‬Ζ‫ڴڴڹ‬￦
￦
Question No. 4
ￌￜ￦³ª￦ª­²¥²§­¥°￦¥··©¸￦¶©§©­º©¨￦Ϯ‫ڵ‬Ζ‫ڴڴڹ‬￦¼￦ￖ‫ڵڶ‬ϯ￦ ￖ￦￦￦‫ڵڷ‬Ζ‫ڴڴڹ‬￦
ￒ©··Ό￦￉¥¶¶½­²«￦¥±³¹²¸￦σϮￖ‫ڹڸ‬Ζ‫ڴڴڴ‬ϑ‫ڵ‬Ζ‫ڴڴڴ‬ϯ￦¼￦‫ڴڴڹ‬σ ‫ڶڶ‬Ζ‫ڴڴڹ‬￦
ￍ¥­²￦³²￦§³²º©¶·­³²￦ ￦ ￦ (A)￦ ‫ڽ‬Ζ‫ڴڴڴ‬￦

Question No. 5
ￏ²º©·¸±©²¸￦­²￦￘³µ¹©￦￉³¶´³¶¥¸­³²Ό￦ ￦
￦￦‫ڷ‬ϑ‫ڽ‬￦￦￦ ‫ڵ‬Ζ‫ڴڴڴ‬￦¼￦ￖ‫ڵ‬Κ‫ڶ‬￦ ‫ڵ‬Ζ‫ڴڴڶ‬￦

160
Chapter 17: Investment in Associate

￦￦‫ڽ‬ϑ‫ڽ‬￦ ‫ڵ‬Ζ‫ڴڴڴ‬￦¼￦ￖ‫ڵ‬Κ‫ڶ‬￦ ‫ڵ‬Ζ‫ڴڴڶ‬￦

ￏ²º©·¸±©²¸￦­²￦ￕ§¥±´³￦￉³¶´³¶¥¸­³²Ό ￦
￦￦‫ں‬ϑ‫ڴڷ‬￦ Ϯ‫ں‬Ζ‫ڴڴڴ‬￦ ￦‫ڶ‬Ζ‫ڴڴڹ‬ϯ￦¼￦ￖ‫ڵ‬￦ ‫ڷ‬Ζ‫ڴڴڹ‬￦
ￚ³¸¥°￦¨­º­¨©²¨￦­²§³±©￦ ￦ ￦ (D)￦ ‫ڹ‬Ζ‫ڴڴڽ‬￦
￦
Question No. 6
‫ڵ‬ϑ‫ڶ‬ϑ‫ںڵڴڶ‬￦ￇ§µ¹­·­¸­³²￦￉³·¸￦ ‫ڵ‬Ζ‫ڴڴڻ‬Ζ‫ڴڴڴ‬￦
ￇ¨¨Ό￦￙¬¥¶©￦­²￦²©¸￦­²§³±©￦³ª￦¥··³§­¥¸©￦Ϯￖ‫ڵ‬Ζ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦¼￦‫ܫڴڷ‬ϯ￦ ‫ڴںڷ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦ￊ­º­¨©²¨·￦ϮￖΚ‫ڴڹ‬￦¼￦‫ڸ‬￦¼￦‫ڴڴڵ‬Ζ‫ڴڴڴ‬ϯ￦ ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦
‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ںڵڴڶ‬￦§¥¶¶½­²«￦¥±³¹²¸￦ ￦ (D)￦ ￖ‫ڵ‬Ζ‫ڴںڼ‬Ζ‫ڴڴڴ‬￦
￦
Question No. 7
￘³µ¹©￦´¶©ª©¶©²§©￦Ϯ‫ڵ‬Ζ‫ڴڴڴ‬￦ ￦‫ڴڴڹ‬ϯ￦¼￦ￖ‫ںڹ‬￦ ‫ڼڶ‬Ζ‫ڴڴڴ‬￦
￘³µ¹©￦³¶¨­²¥¶½￦Ϯ‫ڵ‬Ζ‫ڴڴڹ‬￦¼￦ￖ‫ڴڶ‬ϯ￦ ‫ڴڷ‬Ζ‫ڴڴڴ‬￦
ￕ§¥±´³￦Ϯ‫ں‬Ζ‫ڴڴڴ‬￦Ο‫ڶ‬Ζ‫ڴڴڹ‬ϯ￦¼￦ￖ‫ڵڵ‬￦ ‫ڼڷ‬Ζ‫ڴڴڹ‬￦
ￊ¥«¹±¦³½￦￉³Κ￦Ϯ‫ڶ‬Ζ‫ڴڴڴ‬￦¼￦‫ܫڴڵڵ‬￦Ο‫ڴڴڹ‬ϯ￦¼￦ￖ‫ڶڶ‬ ‫ڻڷ‬Ζ‫ڴڴڸ‬￦
‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ںڵڴڶ‬￦ￌￜￚￕ￉ￏ￦￈¥°¥²§©￦ (C) ‫ڷڷڵ‬Ζ‫ڴڴڽ‬￦
￦
SUMMARY OF ANSWERS:
1. D 2. C 3. D 4. A 5. D 6. D 7. C
￦
￦
PROBLEM 17-17
￦
Question No. 1
￙³°¥²³￦￦ ￦Ϯ‫ڸںڶ‬Ζ‫ڴڴڹ‬Ο‫ڴڹڶ‬Ζ‫ڴڴڴ‬ϯ￦￦ ‫ڸڵ‬Ζ‫ڴڴڹ‬￦
￦￉¥·¸¥²©¨¥￦ ￦Ϯ‫ڴڼڶ‬Ζ‫ڴڴڴ‬Ο‫ڴڶڷ‬Ζ‫ڴڴڴ‬ϯ￦￦ Ϯ‫ڴڸ‬Ζ‫ڴڴڴ‬ϯ￦
￦ ￦Ϯ‫ڴڻ‬Ζ‫ڴڴڴ‬Ο‫ڹڽڵ‬Ζ‫ڴڴڴ‬ϯ￦￦ Ϯ‫ڹڶڵ‬Ζ‫ڴڴڴ‬ϯ￦
Unrealized G/(L) (C) (150,500)
￦
Question No. 2
￠©¶³Ζ￦«¥­²￦³¶￦°³··￦³²￦¶©§°¥··­ª­§¥¸­³²￦­·￦ￔￕￚ￦¥°°³»©¨ (A)￦
￦
Question No. 3￦
ￌ¥­¶￦º¥°¹©￦´¶©º­³¹·°½￦¬©°¨￦­²¸©¶©·¸￦Ϯ‫ڴڹ‬Ζ‫ڴڴڴ‬￦¼￦‫ڴڷ‬ϯ ‫ڵ‬Ζ‫ڴڴڹ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦￉¥¶¶½­²«￦º¥°¹©￦ ‫ڵ‬Ζ‫ڴڹڷ‬Ζ‫ڴڴڴ‬￦
ￍ¥­²￦³²￦¶©§°¥··­ª­§¥¸­³²Οￖ̲ￒ￦ ￦ (C) ‫ڴڹڵ‬Ζ‫ڴڴڴ‬￦
￦
Question No. 4
ￔ©¸￦­²º©·¸±©²¸￦­²§³±©￦‫ܥ‬￦￐¹°½￦‫ڵ‬Ο ￊ©§Κ￦‫ڵڷ‬￦Ϯ‫ܫڴڷ‬￦¼￦‫ڴڴڽ‬Ζ‫ڴڴڴ‬ϯ￦ (D) ‫ڴڻڶ‬Ζ‫ڴڴڴ‬￦
￦
Question No. 5
ￌ¥­¶￦º¥°¹©￦´¶©º­³¹·°½￦¬©°¨￦­²¸©¶©·¸￦Ϯ‫ڴڹ‬Ζ‫ڴڴڴ‬￦¼￦‫ڴڷ‬ϯ￦ ‫ڵ‬Ζ‫ڴڴڹ‬Ζ‫ڴڴڴ‬￦
ￇ¨¨Ό￦ￇ§µ¹­·­¸­³²￦§³·¸￦ ‫ڷ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
ￏ²­¸­¥°￦§¥¶¶½­²«￦¥±³¹²¸￦ ￦­²º©·¸±©²¸￦­²￦¥··³§­¥¸©￦ ‫ڸ‬Ζ‫ڴڴڹ‬Ζ‫ڴڴڴ‬￦

161
Chapter 17: Investment in Associate

ￇ¨¨Ό￦ￔ©¸￦­²º©·¸±©²¸￦­²§³±©￦Ϯ·©©￦ￔ³Κ￦‫ڸ‬ϯ￦ ‫ڴڻڶ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό ￊ­º­¨©²¨·￦¨©§°¥¶©¨￦Ϯￖ‫ڶ‬￦¼￦‫ڴڹڵ‬Ζ‫ڴڴڴ‬ϯ￦ ‫ڴڴڷ‬Ζ‫ڴڴڴ‬￦
ￏ²º©·¸±©²¸￦¦¥°¥²§©￦©²¨ ￦ (C) ‫ڸ‬Ζ‫ڴڻڸ‬Ζ‫ڴڴڴ‬￦
￦

SUMMARY OF ANSWERS:
1. C 2. A 3. C 4. D 5. C
￦
￦
PROBLEM 17-18
￦

Question No. 1
￉³²·­¨©¶¥¸­³²￦¶©§©­º©¨￦Ϯￖ‫ڴڷڶ‬￦¼￦‫ڸ‬Ζ‫ڴڴڴ‬ϯ￦ ‫ڴڶڽ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦ￊ­º­¨©²¨￦³ª￦¸¬©￦­²º©·¸±©²¸￦·³°¨￦Ϯￖ‫ڼ‬￦¼￦‫ڸ‬Ζ‫ڴڴڴ‬ϯ￦ ‫ڶڷ‬Ζ‫ڴڴڴ‬￦
ￔ©¸￦￙©°°­²«￦ￖ¶­§©￦ ‫ڼڼڼ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦￉¥¶¶½­²«￦º¥°¹©￦³ª￦¸¬©￦­²º©·¸±©²¸￦·³°¨￦ϮЄ‫ڵ‬Ζ‫ڴڻڽ‬Ζ‫ڴڴڴ‬ϑ‫ڴڵ‬Ζ‫ڴڴڴ‬￦
¼￦‫ڸ‬Ζ‫ڴڴڴ‬ϯ￦ ‫ڼڼڻ‬Ζ‫ڴڴڴ‬￦
ￍ¥­²￦³²￦·¥°© ￦ ￦ (B) ‫ڴڴڵ‬Ζ‫ڴڴڴ‬￦
￦

ЄϮ‫ڴڵ‬Ζ‫ڴڴڴ‬￦¼￦ￖ‫ڴڴڶ‬ϯΟϮￖ‫ڼ‬￦¼￦‫ڴڵ‬Ζ‫ڴڴڴ‬ϯ￦‫ܩ‬￦ￖ‫ڴڹ‬Ζ‫ڴڴڴ‬￦
￦

ￚ¬©￦¨­º­¨©²¨￦¸¬¥¸￦»¥·￦´¥­¨￦¥²¨￦·³°¨￦­·￦²³¸￦§°¥··­ª­©¨￦¥·￦¨­º­¨©²¨￦­²§³±©￦·­²§©￦¸¬©￦
§³±´¥²½￦¨­¨￦²³¸￦³»²￦¸¬©￦·¬¥¶©·￦»¬©²￦¸¬©￦¨­º­¨©²¨￦»¥·￦¨©§°¥¶©¨Κ￦
￦
Question No. 2
ￔ©¸￦￙©°°­²«￦ￖ¶­§©￦Ϯￖ‫ڴڹڸ‬￦¼￦‫ڴڹ‬Ζ‫ڴڴڴ‬￦¼￦‫ڵ‬ϑ‫ڶ‬ϯ￦ ‫ڵڵ‬Ζ‫ڴڹڶ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦￉¥¶¶½­²«￦º¥°¹©￦³ª￦¸¬©￦­²º©·¸±©²¸￦·³°¨￦Ϯￖ‫ڴڶ‬Ζ‫ڴڴڼ‬Ζ‫ڴڴڴ‬￦¼￦‫ڵ‬ϑ‫ڶ‬ϯ￦ ‫ڴڵ‬Ζ‫ڴڴڸ‬Ζ‫ڴڴڴ‬￦
ￍ¥­²￦³²￦·¥°©￦ ￦ ￦ ￦ (C)￦ ‫ڴڹڼ‬Ζ‫ڴڴڴ‬￦
￦ ￦
￈©«Κ￦￈¥°¥²§©￦³ª￦ￏ²º©·¸±©²¸￦­²￦ￇ··³§­¥¸©￦ ‫ڼڵ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
ￇ¨¨Ό￦￙¬¥¶©￦­²￦¸¬©￦²©¸￦­²§³±©￦³ª￦¥··³§­¥¸©￦Ϯ‫ܫڹڶ‬￦¼￦ￖ‫ڴڶ‬ￓϯ￦ ‫ڹ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
ￚ³¸¥°￦ ‫ڷڶ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦ￇ±³¶¸­¾¥¸­³²￦Ϯￖ‫ڶ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬ϑ‫ڴڵ‬ϯ￦ ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦
￦￦￦￦￦￦￦￦￦￦￦ￊ­º­¨©²¨·￦¶©§©­º©¨￦Ϯￖ‫ڴڸ‬￦¼￦‫ڴڹ‬Ζ‫ڴڴڴ‬ϯ ‫ڶ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
ￋ²¨­²«￦¦¥°¥²§©￦³ª￦­²º©·¸±©²¸￦­²￦¥··³§­¥¸©￦ ￦‫ڶڵ‬ϑ‫ڵڷ‬￦ ‫ڴڶ‬Ζ‫ڴڴڼ‬Ζ‫ڴڴڴ‬￦
￦
Question No. 3
ￔ­°Κ￦(A)￦
ￚ¬©￦ ¨­º­¨©²¨￦ ¸¬¥¸￦ »¥·￦ ´¥­¨￦ ¥²¨￦ ·³°¨￦ ­²￦ ￈³½Ο³¸￦ ·¬¥¶©·￦ ­·￦ ²³¸￦ §°¥··­ª­©¨￦ ¥·￦
¨­º­¨©²¨￦ ­²§³±©￦ ·­²§©￦ ¸¬©￦ §³±´¥²½￦ ¨­¨￦ ²³¸￦ ³»²￦ ¸¬©￦ ·¬¥¶©·￦ »¬©²￦ ¸¬©￦
¨­º­¨©²¨￦»¥·￦¨©§°¥¶©¨Κ￦
ￚ¬©￦ ¨­º­¨©²¨￦ ¶©§©­º©¨￦ ­²￦ ￉°©³￦ ￙¬¥¶©·￦ ­·￦ ²³¸￦ ¶©«¥¶¨©¨￦ ¥·￦ ­²§³±©Ζ￦ ¦¹¸￦ ¥·￦ ¥￦
¨©¨¹§¸­³²￦³ª￦¸¬©￦­²­¸­¥°￦§¥¶¶½­²«￦¥±³¹²¸￦³ª￦¸¬©￦­²º©·¸±©²¸￦­²￦¥··³§­¥¸©Κ￦
￦
Question Nos. 4 and 5
Fair value Cost (UL) / UG
￘³¨³°ª³￦Ϯￖ‫¼ ںڸ‬￦‫ڴڶ‬Ζ‫ڴڴڴ‬ϯ￦ ‫ڴڶڽ‬Ζ‫ڴڴڴ‬ ‫ڵ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬ Ϯ‫ڴڼ‬Ζ‫ڴڴڴ‬ϯ
￈³½Ο³¸￦Ϯￖ‫ڶڽڵ‬￦¼￦‫ں‬Ζ‫ڴڴڴ‬ϯ￦ ‫ڵ‬Ζ‫ڶڹڵ‬Ζ‫ڴڴڴ‬￦ Є‫ڵ‬Ζ‫ڶڼڵ‬Ζ‫ڴڴڴ‬￦ Ϯ‫ڴڷ‬Ζ‫ڴڴڴ‬ϯ￦
ￍ©²©￦Ϯￖ‫ڼڶ‬￦¼￦‫ڴڸ‬Ζ‫ڴڴڴ‬ϯ￦ ‫ڵ‬Ζ‫ڴڶڵ‬Ζ‫ڴڴڴ‬￦ ‫ڵ‬Ζ‫ڴڼڶ‬Ζ‫ڴڴڴ‬￦ Ϯ‫ڴںڵ‬Ζ‫ڴڴڴ‬ϯ￦

162
Chapter 17: Investment in Associate

￉°©³￦Ϯￖ‫ڴڹڸ‬￦¼￦‫ڹڶ‬Ζ‫ڴڴڴ‬ϯ￦ ‫ڵڵ‬Ζ‫ڴڹڶ‬Ζ‫ڴڴڴ‬￦ ‫ڵڵ‬Ζ‫ڴڹڶ‬Ζ‫ڴڴڴ‬￦ Ο￦

ￚ³¸¥°￦ ‫ڸڵ‬Ζ‫ڶڸڸ‬Ζ‫ڴڴڴ‬￦ ‫ڸڵ‬Ζ‫ڶڵڻ‬Ζ‫ڴڴڴ‬￦ Ϯ‫ڴڻڶ‬Ζ‫ڴڴڴ‬ϯ￦
(C) (C)
￦

Є￦Ϯ‫ڵ‬Ζ‫ڴڻڽ‬Ζ‫ڴڴڴ‬ϑ‫ڴڵ‬Ζ‫ڴڴڴ‬￦¼￦‫ں‬Ζ‫ڴڴڴ‬ϯ￦
￦
SUMMARY OF ANSWERS:
1. B 2. C 3. A 4. C 5. C
￦
￦
PROBLEM 17-19 Impairment losses recognized by an associate or joint
venture
￦

Question No. 1
ￏ²￦ ¥§§³¹²¸­²«￦ ª³¶￦ ­¸·￦ ¥··³§­¥¸©Ζ￦ ￓ¥¶¯￦ ￉³Κ￦ ·¬³¹°¨￦ ¶©§³«²­¾©￦ ­±´¥­¶±©²¸￦ °³··Κ￦
ￎ³»©º©¶Ζ￦ ­¸￦ ­·￦ «©²©¶¥°°½￦ ²³¸￦ ¥§§©´¸¥¦°©￦ ¸³￦ ·­±´°½￦ ±¹°¸­´°½￦ ¸¬©￦ ¥±³¹²¸￦ ³ª￦

³ª￦ ³»²©¶·¬­´Ζ￦ ¦©§¥¹·©￦ ¸¬©￦ ­²º©·¸³¶￦ ·¬³¹°¨￦ ­²­¸­¥°°½￦ ±©¥·¹¶©￦ ­¸·￦ ­²¸©¶©·¸￦ ­²￦ ¥²￦

¥··³§­¥¸©Κ￦ￇ§§³¶¨­²«°½Ζ￦¥´´¶³´¶­¥¸©￦¥¨®¹·¸±©²¸·￦¦¥·©¨￦ ³²￦¸¬³·©￦ ª¥­¶￦º¥°¹©·￦¥¶©￦

±¥¨©￦ª³¶￦­±´¥­¶±©²¸￦°³··©·￦¶©§³«²­¾©¨￦¦½￦¸¬©￦¥··³§­¥¸©Κ￦
￦

Carrying amount
reflecting fair
values made by Recoverable Impairment
￦ Mark Co.￦ amount (40%) loss
￉ￍￛ￦ￇ￦ ￦ ￦ ‫ڴڶ‬Ζ‫ڴڴڴ‬￦
￉ￍￛ￦￈￦ ￦￦￦￦‫ڴڴڵ‬Ζ‫ڴڴڴ‬￦ ￦￦￦￦‫ڴڼڵ‬Ζ‫ڴڴڴ‬￦ ￦￦￦￦￦￦￦￦￦￦￦￦²ϑ¥￦
￉ￍￛ￦￉￦ ￦￦￦￦‫ڴڶڷ‬Ζ‫ڴڴڴ‬￦ ￦￦￦￦‫ڴںڵ‬Ζ‫ڴڴڴ‬￦ ￦￦￦￦‫ڴںڵ‬Ζ‫ڴڴڴ‬
ￔ©¸￦¥··©¸·￦ ￦￦￦￦‫ڴںڹ‬Ζ‫ڴڴڴ‬￦ ￦ ￦￦￦￦‫ڴڼڵ‬Ζ‫ڴڴڴ‬￦
(A)
￦
Question No. 2
ￚ¬©￦§¥¶¶½­²«￦¥±³¹²¸￦¶©ª°©§¸­²«￦ª¥­¶￦º¥°¹©·￦±¥¨©￦¦½￦ￓ¥¶¯￦￉³Κ￦¥ª¸©¶￦­±´¥­¶±©²¸Ό￦
￉ￍￛ￦ￇ￦ ‫ڴڶڵ‬Ζ‫ڴڴڴ‬￦ ￦
￉ￍￛ￦￈￦ ￦￦￦￦‫ڴڴڵ‬Ζ‫ڴڴڴ‬￦
￉ￍￛ￦￉￦ ￦￦￦￦‫ڴںڵ‬Ζ‫ڴڴڴ‬￦ ￦
ￔ©¸￦¥··©¸·￦ ￦￦￦￦‫ڴڼڷ‬Ζ‫ڴڴڴ‬￦ ￦
ￍ³³¨»­°°￦ ￦￦￦￦￦￦￦‫ڴڸ‬Ζ‫ڴڴڴ‬￦
ￏ²º©·¸±©²¸￦­²￦¥··³§­¥¸©￦ ‫ڴڶڸ‬Ζ‫ڴڴڴ‬￦ (A)
￦
PROBLEM 17-20: PFRS for SME: Jointly Controlled Entity
￦

CASE NO. 1
Question No. 1 Cost model
￦ ￦
ￓ¹°¸­´°½￦¦½Ό￦ￖ©¶§©²¸¥«©￦ ‫ܫڴڷ‬￦
ￊ­º­¨©²¨￦­²§³±©￦ ￦ￖ̲ￒ￦¸³￦￙￉ￏ￦ ￦ (B)￦ ￦

163
Chapter 17: Investment in Associate

Question No. 2 Cost model

￉¥¶¶½­²«￦¥±³¹²¸￦ ￦ (D)￦ ￦
￦
CASE NO. 2
Question No. 3 Fair value model
ￌ¥­¶￦º¥°¹©￦ ￦ￊ©§©±¦©¶￦‫ڵڷ‬￦ ￦
ￒ©··Ό￦ￇ§µ¹­·­¸­³²￦§³·¸￦ ‫ڴڴڷ‬Ζ‫ڴڴڴ‬￦
ￍ¥­²￦³²￦§¬¥²«©￦­²￦ª¥­¶￦º¥°¹©￦ ￖ̲ￒ￦¸³￦￙￉ￏ ￦
ￇ¨¨Ό￦ￊ­º­¨©²¨￦­²§³±©￦Ϯ ￦ ‫ڹڸ‬Ζ‫ڴڴڴ‬￦
ￚ³¸¥°￦¸³￦ￖ̲ￒ￦ ￦ ￦ ￦ (A)￦ ￦
￦
Question No. 4 Fair value model
￉¥¶¶½­²«￦¥±³¹²¸￦‫ܥ‬￦ￌ¥­¶￦º¥°¹©￦ￊ©§Κ￦‫ڵڷ‬￦ (A)￦ ￦
￦
CASE NO. 3
Question No. 5 Equity method
￦ ￦
ￓ¹°¸­´°½￦¦½Ό￦ￖ©¶§©²¸¥«©￦ ‫ܫڴڷ‬￦
￙¬¥¶©￦­²￦²©¸￦­²§³±©￦ ￦ ￦ (C)￦ ￦
￦
Question No. 6 Equity method
ￇ§µ¹­·­¸­³²￦§³·¸￦ ￦
ￇ¨¨Ό￦￙¬¥¶©￦­²￦²©¸￦­²§³±©￦ ‫ڴڶڵ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦ￊ­º­¨©²¨·￦¶©§©­º©¨￦ϮϮ ￦ ‫ڹڸ‬Ζ‫ڴڴڴ‬￦
￉¥¶¶½­²«￦º¥°¹©￦ ￦ￊ©§©±¦©¶￦‫ڵڷ‬ (B) ￦
￦
SUMMARY OF ANSWERS:
1. B 2. D 3. A 4. A 5. C 6. B
￦

164
Chapter 19: Property, Plant and Equipment

CHAPTER 19: PROPERTY, PLANT AND EQUIPMENT

￦
PROBLEM 19-1 Capitalizable Cost of Machinery
Machinery Others
ￖ¹¶§¬¥·©￦´¶­§©￦­²§°¹¨­²«￦ￜￇￚ￦Ϯ‫ڵ‬Ζ‫ڼںڹ‬Ζ‫ڴڴڴ‬ϑ‫ڵ‬Κ‫ڶڵ‬ϯ￦ ‫ڵ‬Ζ‫ڴڴڸ‬Ζ‫ڴڴڴ‬￦ Ο￦
￉³·¸￦³ª￦»¥¸©¶￦¨©º­§©￦¸³￦¯©©´￦±¥§¬­²©￦§³³°Κ￦ ‫ڼ‬Ζ‫ڴڴڴ‬￦ Ο￦
￉³·¸￦³ª￦·¥ª©¸½￦¶¥­°￦¥²¨￦´°¥¸ª³¶±￦·¹¶¶³¹²¨­²«￦±¥§¬­²©￦ ‫ڶڵ‬Ζ‫ڴڴڴ‬￦ Ο￦
ￏ²·¸¥°°¥¸­³²￦§³·¸Ζ￦­²§°¹¨­²«￦·­¸©￦´¶©´¥¶¥¸­³²￦¥²¨￦
¥··©±¦°­²«Κ￦ ‫ڴڶ‬Ζ‫ڴڴڴ‬￦ Ο￦
ￌ©©·￦´¥­¨￦¸³￦§³²·¹°¸¥²¸·￦ª³¶￦¥¨º­§©￦³²￦¥§µ¹­·­¸­³²￦³ª￦
¸¬©￦±¥§¬­²©¶½Κ￦ ‫ڷڵ‬Ζ‫ڴڴڴ‬￦ Ο￦
ￖￜ￦³ª￦©·¸­±¥¸©¨￦¨­·±¥²¸°­²«￦§³·¸￦³ª￦¸¬©￦²©»￦±¥§¬­²©￦ ‫ڴڵ‬Ζ‫ڴڴڴ‬￦ Ο￦
￘©´¥­¶￦§³·¸￦³ª￦¸¬©￦±¥§¬­²©￦¨¥±¥«©¨￦»¬­°©￦­²￦¸¬©￦
´¶³§©··￦³ª￦­²·¸¥°°¥¸­³²￦ Ο￦ ‫ڹ‬Ζ‫ڴڴڴ‬￦
ￒ³··￦³²￦´¶©±¥¸¹¶©￦¶©¸­¶©±©²¸Ο³°¨￦±¥§¬­²©￦ Ο￦ ‫ڼڵ‬Ζ‫ڴڴڴ‬￦
ￕ¸¬©¶￦²³²¶©ª¹²¨¥¦°©￦·¥°©·￦¸¥¼￦ ‫ڷڵ‬Ζ‫ڴڴڴ‬￦ Ο￦
￉³·¸￦³ª￦¸¶¥­²­²«￦ª³¶￦´©¶·³²²©°￦»¬³￦»­°°￦¹·©￦¸¬©￦
±¥§¬­²©￦￦ Ο￦ ‫ڹڶ‬Ζ‫ڴڴڴ‬￦
ￇ¨®¹·¸©¨￦¦¥°¥²§©· ￦ (A) ‫ڵ‬Ζ‫ںڻڸ‬Ζ‫ڴڴڴ‬￦ ‫ڼڸ‬Ζ‫ڴڴڴ‬￦
￦
￦
PROBLEM 19-2￦Capitalizable Cost of Land, Building and Land Improvements￦
CASE NO. 1
Old Land
Land-with building- Improve-
￦ FV with FV ments Others
ￖ¹¶§¬¥·©￦´¶­§©￦ ‫ڹ‬Ζ‫ڹڶں‬Ζ‫ڴڴڴ‬￦ ‫ڵ‬Ζ‫ڹڻڼ‬Ζ‫ڴڴڴ‬￦ ￦
‫ڵ‬￦ ‫ڴڹ‬Ζ‫ڴڴڴ‬￦ Ο￦ Ο￦ Ο￦
‫ڶ‬￦ Ο￦ Ο￦ ‫ڴڹ‬Ζ‫ڴڴڴ‬￦ Ο￦
‫ڷ‬￦ Ο￦ Ο￦ Ο￦ ‫ڻ‬Ζ‫ڴڴڴ‬￦
‫ڸ‬￦ ‫ڻ‬Ζ‫ڴڴڹ‬￦ ‫ڶ‬Ζ‫ڴڴڹ‬￦ Ο￦ Ο￦
‫ڹ‬￦ ‫ڻڵ‬Ζ‫ڴڹڶ‬￦ ‫ڹ‬Ζ‫ڴڹڻ‬￦ Ο￦ Ο￦
‫ں‬￦ ‫ڴڷ‬Ζ‫ڴڴڴ‬￦ ‫ڴڵ‬Ζ‫ڴڴڴ‬￦ Ο￦ Ο￦
‫ڻ‬￦ ‫ڷڵ‬Ζ‫ڴڴڴ‬￦ Ο￦ Ο￦ Ο￦
‫ڼ‬￦ ‫ڹڵ‬Ζ‫ڴڴڴ‬￦ Ο￦ Ο￦ Ο￦
‫ڽ‬￦ Ο￦ Ο￦ Ο￦ ‫ڹ‬Ζ‫ڴڴڴ‬￦
‫ڴڵ‬￦ Ο￦ Ο￦ ‫ڷڹ‬Ζ‫ڴڴڴ‬￦ Ο￦
‫ڵڵ‬￦ ‫ڴڵ‬Ζ‫ڴڴڹ‬￦ ‫ڷ‬Ζ‫ڴڴڹ‬￦ Ο￦ Ο￦
‫ڶڵ‬￦ Ο￦ Ο￦ ‫ڽڵ‬Ζ‫ڴڴڴ‬￦ Ο￦
‫ڷڵ‬￦ Ο￦ Ο￦ Ο￦ ‫ڴڸ‬Ζ‫ڴڴڴ‬￦
‫ڸڵ‬￦ ‫ڴڻ‬Ζ‫ڴڴڴ‬￦ Ο￦ Ο￦ Ο￦
‫ڹڵ‬￦ Ϯ‫ڹ‬Ζ‫ڴڴڴ‬ϯ￦ Ο￦ Ο￦ Ο￦
‫ںڵ‬￦ Ο￦ ‫ڴڴڸ‬Ζ‫ڴڴڴ‬￦ Ο￦ Ο￦
‫ڻڵ‬￦ Ο￦ Ο￦ Ο￦ ‫ڼ‬Ζ‫ڴڴں‬￦
￦ ￦ ￦

165
Chapter 19: Property, Plant and Equipment

ￇ¨®¹·¸©¨￦¦¥°¥²§©·￦ ‫ڹ‬Ζ‫ڷڷڼ‬Ζ‫ڴڹڶ‬￦ ‫ڶ‬Ζ‫ںڽڶ‬Ζ‫ڴڹڻ‬￦ ‫ڶڶڵ‬Ζ‫ڴڴڴ‬￦ ‫ڴں‬Ζ‫ڴڴں‬￦

￦

SUMMARY OF ANSWERS:
1. D 2. B 3. C
￦
CASE NO. 2
Land
Old Improve-
￦ Land- building ments Others
ￖ¹¶§¬¥·©￦´¶­§©￦ ‫ڻ‬Ζ‫ڴڴڹ‬Ζ‫ڴڴڴ‬￦ Ο￦ ￦
‫ڵ‬￦ ‫ڴڹ‬Ζ‫ڴڴڴ‬￦ Ο￦ Ο￦ Ο￦
‫ڶ‬￦ Ο￦ Ο￦ ‫ڴڹ‬Ζ‫ڴڴڴ‬￦ Ο￦
‫ڷ‬￦ Ο￦ Ο￦ Ο￦ ‫ڻ‬Ζ‫ڴڴڴ‬￦
‫ڸ‬￦ ‫ڴڵ‬Ζ‫ڴڴڴ‬￦ Ο￦ Ο￦ Ο￦
‫ڹ‬￦ ‫ڷڶ‬Ζ‫ڴڴڴ‬￦ Ο￦ Ο￦ Ο￦
‫ں‬￦ ‫ڴڸ‬Ζ‫ڴڴڴ‬￦ Ο￦ Ο￦ Ο￦
‫ڻ‬￦ ‫ڷڵ‬Ζ‫ڴڴڴ‬￦ Ο￦ Ο￦ Ο￦
‫ڼ‬￦ ‫ڹڵ‬Ζ‫ڴڴڴ‬￦ Ο￦ Ο￦ Ο￦
‫ڽ‬￦ Ο￦ Ο￦ Ο￦ ‫ڹ‬Ζ‫ڴڴڴ‬￦
‫ڴڵ‬￦ Ο￦ Ο￦ ‫ڷڹ‬Ζ‫ڴڴڴ‬￦ Ο￦
‫ڵڵ‬￦ ‫ڸڵ‬Ζ‫ڴڴڴ‬￦ Ο￦ Ο￦ Ο￦
‫ڶڵ‬￦ Ο￦ Ο￦ ‫ڽڵ‬Ζ‫ڴڴڴ‬￦ Ο￦
‫ڷڵ‬￦ Ο￦ Ο￦ Ο￦ ‫ڴڸ‬Ζ‫ڴڴڴ‬￦
‫ڸڵ‬￦ ‫ڴڻ‬Ζ‫ڴڴڴ‬￦ Ο￦ Ο￦ Ο￦
‫ڹڵ‬￦ Ϯ‫ڹ‬Ζ‫ڴڴڴ‬ϯ￦ Ο￦ Ο￦ Ο￦
‫ںڵ‬￦ Ο￦ ‫ڴڴڸ‬Ζ‫ڴڴڴ‬￦ Ο￦ Ο￦
‫ڻڵ‬￦ Ο￦ Ο￦ Ο￦ ‫ڼ‬Ζ‫ڴڴں‬￦
ￇ¨®¹·¸©¨￦¦¥°¥²§©·￦ ‫ڻ‬Ζ‫ڴڷڻ‬Ζ‫ڴڴڴ‬￦ ‫ڴڴڸ‬Ζ‫ڴڴڴ‬￦ ‫ڶڶڵ‬Ζ‫ڴڴڴ‬￦ ‫ڴں‬Ζ‫ڴڴں‬￦
￦

SUMMARY OF ANSWERS:
1. C 2. A 3. C
￦
PROBLEM 19-3￦Capitalizable Cost of Land, Building and Land Improvements-
Old building will be demolished
CASE NO. 1
Land
Old New Improvem
Land building building ents Others
ￖ¹¶§¬¥·©￦
´¶­§©￦ ‫ڼ‬Ζ‫ڴڹڻ‬Ζ‫ڴڴڴ‬￦ ‫ڵ‬Ζ‫ڴڹڶ‬Ζ‫ڴڴڴ‬￦
‫ڵ‬￦ ‫ڶڵ‬Ζ‫ڴڹڶ‬￦ ‫ڵ‬Ζ‫ڴڹڻ‬￦ Ο￦ Ο￦ Ο￦
‫ڶ‬￦ ‫ڻڵ‬Ζ‫ڴڴڹ‬￦ ‫ڶ‬Ζ‫ڴڴڹ‬￦ Ο￦ Ο￦ Ο￦
‫ڷ‬￦ Ο￦ Ο￦ ‫ڶڵ‬Ζ‫ڴڴڴ‬￦ Ο￦ Ο￦
‫ڸ‬￦ ‫ڽ‬Ζ‫ڹڶں‬￦ ‫ڵ‬Ζ‫ڹڻڷ‬￦ Ο￦ Ο￦ Ο￦
‫ڹ‬￦ ‫ڴڶ‬Ζ‫ڹڶڵ‬￦ ‫ڶ‬Ζ‫ڹڻڼ‬￦ Ο￦ Ο￦ Ο￦
166
Chapter 19: Property, Plant and Equipment

‫ں‬￦ ‫ڹڷ‬Ζ‫ڴڴڴ‬￦ ‫ڹ‬Ζ‫ڴڴڴ‬￦ Ο￦ Ο￦ Ο￦

‫ڻ‬￦ ‫ڶ‬Ζ‫ڹڶں‬￦ ‫ڹڻڷ‬￦ Ο￦ Ο￦ Ο￦
‫ڼ‬￦ ‫ڵڵ‬Ζ‫ڴڴڴ‬￦ Ο￦ Ο￦ Ο￦ Ο￦
‫ڽ‬￦ ‫ڴڻ‬Ζ‫ڴڴڴ‬￦ Ο￦ Ο￦ Ο￦ Ο￦
‫ڴڵ‬￦ Ο￦ Ο￦ ‫ڴں‬Ζ‫ڴڴڴ‬￦ Ο￦ Ο￦
‫ڵڵ‬￦ Ο￦ Ο￦ ‫ڴڹ‬Ζ‫ڴڴڴ‬￦ Ο￦ Ο￦
‫ڶڵ‬￦ Ο￦ Ο￦ ‫ڴڴں‬Ζ‫ڴڴڴ‬￦ Ο￦ Ο￦
‫ڷڵ‬￦ Ο￦ Ο￦ ‫ڴڷ‬Ζ‫ڴڴڴ‬￦ Ο￦ Ο￦
‫ڸڵ‬￦ Ο￦ Ο￦ Ο￦ Ο￦ ‫ڴڸ‬Ζ‫ڴڴڴ‬￦
‫ڹڵ‬￦ ‫ڼ‬Ζ‫ڴڹڻ‬￦ ‫ڵ‬Ζ‫ڴڹڶ‬￦ Ο￦ Ο￦ Ο￦
‫ںڵ‬￦ Ο￦ Ο￦ Ο￦ Ο￦ ‫ڷڶ‬Ζ‫ڴڴڹ‬￦
‫ڻڵ‬￦ Ο￦ Ο￦ Ο￦ ‫ڴڹ‬Ζ‫ڴڴڴ‬￦ Ο￦
‫ڼڵ‬￦ Ο￦ Ο￦ ‫ڴڶڶ‬Ζ‫ڴڴڴ‬￦ Ο￦ Ο￦
‫ڽڵ‬￦ Ο￦ Ο￦ ‫ڵڵ‬Ζ‫ڴڴڴ‬￦ Ο￦ Ο￦
‫ڴڶ‬￦ Ο￦ Ο￦ ‫ڹڷ‬Ζ‫ڴڴڴ‬￦ Ο￦ Ο￦
‫ڵڶ‬￦ Ο￦ Ο￦ ‫ڽ‬Ζ‫ڴڴڼ‬￦ Ο￦ Ο￦
‫ڶڶ‬￦ ￦ ￦ ‫ڷڷ‬Ζ‫ڴڴڴ‬￦ ￦ ￦
‫ڷڶ‬￦ ￦ ￦ Ϯ‫ڸ‬Ζ‫ڴڴڴ‬ϯ￦ ￦ ￦
￦ Ο￦
ￇ¨®¹·¸©¨￦
¦¥°¥²§©·￦ ‫ڼ‬Ζ‫ںڷڽ‬Ζ‫ڹڻڼ‬￦ ‫ڵ‬Ζ‫ڹںڶ‬Ζ‫ڹڶڵ‬￦ ‫ڵ‬Ζ‫ںڹڴ‬Ζ‫ڴڴڼ‬￦ ‫ڴڹ‬Ζ‫ڴڴڴ‬￦ ‫ڷں‬Ζ‫ڴڴڹ‬￦
￦

ￚ¬©￦¥°°³§¥¸©¨￦§³·¸￦³ª￦¸¬©￦³°¨￦¦¹­°¨­²«￦»­°°￦¦©￦§¬¥¶«©¨￦¸³￦°³··Κ￦
￦

SUMMARY OF ANSWERS:
1. C 2. B 3. D 4. B
￦
CASE NO. 2
Land
Old New Improve-
￦ Land building building ments Others
ￖ¹¶§¬¥·©￦
´¶­§©￦ ‫ڴڵ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦ Ο￦
‫ڵ‬￦ ‫ڸڵ‬Ζ‫ڴڴڴ‬￦ Ο￦ Ο￦ Ο￦ Ο￦
‫ڶ‬￦ ‫ڴڶ‬Ζ‫ڴڴڴ‬￦ Ο￦ Ο￦ Ο￦ Ο￦
‫ڷ‬￦ Ο￦ Ο￦ ‫ڶڵ‬Ζ‫ڴڴڴ‬￦ Ο￦ Ο￦
‫ڸ‬￦ ‫ڵڵ‬Ζ‫ڴڴڴ‬￦ Ο￦ Ο￦ Ο￦ Ο￦
‫ڹ‬￦ ‫ڷڶ‬Ζ‫ڴڴڴ‬￦ Ο￦ Ο￦ Ο￦ Ο￦
‫ں‬￦ ‫ڴڸ‬Ζ‫ڴڴڴ‬￦ Ο￦ Ο￦ Ο￦ Ο￦
‫ڻ‬￦ ‫ڷ‬Ζ‫ڴڴڴ‬￦ Ο￦ Ο￦ Ο￦ Ο￦
‫ڼ‬￦ ‫ڵڵ‬Ζ‫ڴڴڴ‬￦ Ο￦ Ο￦ Ο￦ Ο￦
‫ڽ‬￦ ‫ڴڻ‬Ζ‫ڴڴڴ‬￦ Ο￦ Ο￦ Ο￦ Ο￦
‫ڴڵ‬￦ Ο￦ Ο￦ ‫ڴں‬Ζ‫ڴڴڴ‬￦ Ο￦ Ο￦
‫ڵڵ‬￦ Ο￦ Ο￦ ‫ڴڹ‬Ζ‫ڴڴڴ‬￦ Ο￦ Ο￦
‫ڶڵ‬￦ Ο￦ Ο￦ ‫ڴڴں‬Ζ‫ڴڴڴ‬￦ Ο￦ Ο￦

167
Chapter 19: Property, Plant and Equipment

‫ڷڵ‬￦ Ο￦ Ο￦ ‫ڴڷ‬Ζ‫ڴڴڴ‬￦ Ο￦ Ο￦
‫ڸڵ‬￦ Ο￦ Ο￦ Ο￦ Ο￦ ‫ڴڸ‬Ζ‫ڴڴڴ‬￦
‫ڹڵ‬￦ ‫ڴڵ‬Ζ‫ڴڴڴ‬￦ Ο￦ Ο￦ Ο￦ Ο￦
‫ںڵ‬￦ Ο￦ Ο￦ Ο￦ Ο￦ ‫ڷڶ‬Ζ‫ڴڴڹ‬￦
‫ڻڵ‬￦ Ο￦ Ο￦ Ο￦ ‫ڴڹ‬Ζ‫ڴڴڴ‬￦ Ο￦
‫ڼڵ‬￦ Ο￦ Ο￦ ‫ڴڶڶ‬Ζ‫ڴڴڴ‬￦ Ο￦ Ο￦
‫ڽڵ‬￦ Ο￦ Ο￦ ‫ڵڵ‬Ζ‫ڴڴڴ‬￦ Ο￦ Ο￦
‫ڴڶ‬￦ Ο￦ Ο￦ ‫ڹڷ‬Ζ‫ڴڴڴ‬￦ Ο￦ Ο￦
‫ڵڶ‬￦ Ο￦ Ο￦ ‫ڽ‬Ζ‫ڴڴڼ‬￦ Ο￦ Ο￦
‫ڶڶ‬￦ ￦ ￦ ‫ڷڷ‬Ζ‫ڴڴڴ‬￦ ￦ ￦
‫ڷڶ‬￦ ￦ Ϯ‫ڸ‬Ζ‫ڴڴڴ‬ϯ￦ ￦ Ο￦
ￇ¨®¹·¸©¨￦
¦¥°¥²§©·￦ ‫ڴڵ‬Ζ‫ڶڴڶ‬Ζ‫ڴڴڴ‬￦ Ο￦ ‫ڵ‬Ζ‫ںڹڴ‬Ζ‫ڴڴڼ‬￦ ‫ڴڹ‬Ζ‫ڴڴڴ‬￦ ‫ڷں‬Ζ‫ڴڴڹ‬￦
￦

SUMMARY OF ANSWERS:
1. B 2. A 3. D 4. B
￦
￦
PROBLEM 19-4 Acquisition on Cash Basis
￦

Question No. 1
￉¥·¬￦´¥­¨￦ ‫ڴڴڼ‬Ζ‫ڴڴڴ‬￦
￉³±±­··­³²·￦´¥­¨￦¸³￦¦¶³¯©¶· ‫ڴڼ‬Ζ‫ڴڴڴ‬￦
ￔ³²Ο¶©ª¹²¨¥¦°©￦·¥°©·￦¸¥¼©·￦ ‫ڴڸ‬Ζ‫ڴڴڴ‬￦
ￚ³¸¥°￦§³·¸￦ ‫ڴڶڽ‬Ζ‫ڴڴڴ‬￦
ￓ¹°¸­´°½￦¦½Ό￦￘¥¸­³￦Ϯ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦ϑ￦‫ڴڴڹ‬Ζ‫ڴڴڴ‬ϯ￦ ‫ڴ‬Κ‫ڴڸ‬￦
ￇ°°³§¥¸©¨￦§³·¸￦³ª￦¸¬©￦°¥²¨￦￦ ￦ (B)￦ ‫ڼںڷ‬Ζ‫ڴڴڴ‬￦
￦
Question No. 2
ￚ³¸¥°￦§³·¸￦ ‫ڴڶڽ‬Ζ‫ڴڴڴ‬￦
ￓ¹°¸­´°½￦¦½Ό￦￘¥¸­³￦Ϯ‫ڴڴڷ‬Ζ‫ڴڴڴ‬￦ϑ￦‫ڴڴڹ‬Ζ‫ڴڴڴ‬ϯ￦ ‫ڴ‬Κ‫ڴں‬￦
ￇ°°³§¥¸©¨￦´¹¶§¬¥·©￦´¶­§©￦ ‫ڶڹڹ‬Ζ‫ڴڴڴ‬￦
￘©²³º¥¸­³² §³·¸￦ ‫ڴڴڵ‬Ζ‫ڴڴڴ‬￦
ￊ©±³°­¸­³²￦§³·¸￦ ‫ڴں‬Ζ‫ڴڴڴ‬￦
ￖ¶³§©©¨·￦ª¶³±￦·¥°©￦³ª￦¨©±³°­¸­³²￦·§¶¥´￦ Ϯ‫ڹڵ‬Ζ‫ڴڴڴ‬ϯ￦
ￚ³¸¥°￦§³·¸￦³ª￦¸¬©￦¦¹­°¨­²«￦￦ ￦ (A)￦ ‫ڻڽں‬Ζ‫ڴڴڴ‬￦
￦
￦
PROBLEM 19-5 Acquisition on Account
￦

ￏ²º³­§©￦ￖ¶­§©￦ ‫ڴڴڹ‬Ζ‫ڴڴڴ‬￦
ￓ¹°¸­´°½￦¦½Ό￦Ϯ‫ڵ‬￦Ο￦¨­·§³¹²¸￦¶¥¸©ϯ￦ ‫ܫڻڽ‬￦
ￔ©¸￦­²º³­§©￦´¶­§©￦ ‫ڹڼڸ‬Ζ‫ڴڴڴ‬￦
ￇ¨¨­¸­³²¥°￦§³·¸Ό￦ ￦
￦￦ￌ¶©­«¬¸￦¥²¨￦­²·¹¶¥²§©￦ ‫ڹڵ‬Ζ‫ڴڴڴ‬￦
￦￦￉³·¸ ³ª￦¸©·¸­²«￦¥²¨￦¸¶­¥°￦¶¹²· ‫ڶڵ‬Ζ‫ڴڴڴ‬￦

168
Chapter 19: Property, Plant and Equipment

￉³·¸￦³ª￦¸¬©￦©µ¹­´±©²¸￦ ￦ ￦ (B)￦ ‫ڶڵڹ‬Ζ‫ڴڴڴ‬￦

PROBLEM 19-6 Acquisition on Account
￦

ￏ²º³­§©￦ￖ¶­§©￦ ‫ڴڴڹ‬Ζ‫ڴڴڴ‬￦
ￓ¹°¸­´°½￦¦½Ό￦Ϯ‫ڵ‬￦Ο￦¨­·§³¹²¸￦¶¥¸©ϯ￦ ‫ڴ‬Κ‫ڻڽ‬￦
ￔ©¸￦­²º³­§©￦´¶­§©￦ ‫ڹڼڸ‬Ζ‫ڴڴڴ‬￦
ￇ¨¨­¸­³²¥°￦§³·¸Ό￦ ￦
￦￦ￏ²·¸¥°°¥¸­³²￦§³·¸ ‫ڴڹ‬Ζ‫ڴڴڴ‬￦
￦￦ￖ¶©·©²¸￦º¥°¹©￦³ª￦©·¸¨Κ￦¨©§³±±­··­³²­²«￦¥²¨￦¶©·¸³¶¥¸­³²￦§³·¸￦ ‫ڶں‬Ζ‫ڴڽڴ‬￦
ￚ³¸¥°￦§³·¸￦³ª￦¸¬©￦©µ¹­´±©²¸￦ ￦ (B)￦ ‫ڻڽڹ‬Ζ‫ڴڽڴ‬￦
￦

ￋ·¸­±¥¸©¨￦¨©§³±±­··­³²­²«￦¥²¨￦¶©·¸³¶¥¸­³²￦§³·¸￦ ‫ڴڴڵ‬Ζ‫ڴڴڴ‬￦
ￓ¹°¸­´°½￦¦½Ό￦ￖ¶©·©²¸￦º¥°¹©￦³ª￦‫ڵ‬￦ ‫ڴ‬Κ‫ڽڴڶں‬￦
ￖ¶©·©²¸￦º¥°¹©￦³ª￦©·¸¨Κ￦¨©§³±±­··­³²­²«￦¥²¨￦¶©·¸³¶¥¸­³²￦§³·¸￦ ‫ڶں‬Ζ‫ڴڽڴ‬￦
￦
￦
PROBLEM 19-7 Deferred Settlement Terms (With or Without Cash Price
Equivalent)
￦

Question No. 1
￉¥·¬￦´¶­§©￦©µ¹­º¥°©²¸￦ ￦ ￦ (A)￦ ‫ڴڴڼ‬Ζ‫ڴڴڴ‬￦
￦
Question No. 2
ￖ¶­²§­´¥°￦ ‫ڵ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
ￓ¹°¸­´°½￦¦½Ό￦ￖ¶©·©²¸￦º¥°¹© ³ª￦‫ڵ‬￦ ‫ڴ‬Κ‫ڶڻڽڻ‬￦
￉³·¸￦³ª￦¸¬©￦©µ¹­´±©²¸ ￦ (B) ‫ڻڽڻ‬Ζ‫ڴڴڶ‬￦
￦
￦
PROBLEM 19-8 Exchange (With or Without Commercial Substance)￦
￦

Question No. 1
ￌ¥­¶￦º¥°¹©￦³ª￦¸¬©￦¥··©¸￦«­º©²￦ ‫ڵ‬Ζ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦
ￇ¨¨Ό￦￉¥·¬￦´¥½±©²¸￦ ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦
￉³·¸￦³ª￦©µ¹­´±©²¸￦ ￦ ￦ (D)￦ ‫ڵ‬Ζ‫ڴڴڸ‬Ζ‫ڴڴڴ‬￦

Question No. 2
ￌ¥­¶￦º¥°¹©￦³ª￦¸¬©￦¥··©¸￦«­º©²￦ ‫ڵ‬Ζ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦￉¥¶¶½­²«￦¥±³¹²¸￦ ‫ڴڴڼ‬Ζ‫ڴڴڴ‬￦
ￍ¥­²￦³²￦©¼§¬¥²«©￦ ￦ ￦ (B)￦ ‫ڴڴڸ‬Ζ‫ڴڴڴ‬￦
￦
Question No. 3
￉¥¶¶½­²«￦¥±³¹²¸￦³ª￦¸¬©￦¥··©¸￦«­º©² ‫ڴڴڼ‬Ζ‫ڴڴڴ‬￦
ￇ¨¨Ό￦￉¥·¬￦´¥½±©²¸￦ ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦
￉³·¸￦³ª￦©µ¹­´±©²¸￦ ￦ ￦ (B)￦ ‫ڵ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
Question No. 4
169
Chapter 19: Property, Plant and Equipment

￠©¶³Ζ￦¸¬©￦¸¶¥²·¥§¸­³²￦°¥§¯·￦§³±±©¶§­¥°￦·¹¦·¸¥²§©Κ￦￦(A)￦


PROBLEM 19-9￦Trade in￦
￦

Question No. 1
￉¥·¬￦´¶­§©￦»­¸¬³¹¸￦¸¶¥¨©￦­²￦ ￦ (A)￦ ‫ڴڸڷ‬Ζ‫ڴڴڴ‬￦
￦

Question No. 2
￉¥·¬￦´¶­§©￦»­¸¬³¹¸￦¸¶¥¨©￦­²￦ ‫ڴڸڷ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦￉¥·¬￦´¶­§©￦»­¸¬￦¸¶¥¨©￦­²￦ ‫ڴڻڶ‬Ζ‫ڴڴڴ‬￦
ￚ¶¥¨©￦­²￦º¥°¹© ‫ڴڻ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦￉¥¶¶½­²«￦¥±³¹²¸￦ ‫ڴڷڶ‬Ζ‫ڴڴڴ‬￦
ￒ³··￦³²￦¸¶¥¨©￦­²￦ ￦ ￦ ￦ (B)￦ Ϯ‫ڴںڵ‬Ζ‫ڴڴڴ‬ϯ￦
￦
￦
PROBLEM 19-10 Acquisition through Issuance of Equity Instrument
￦

Question No. 1
ￌ¥­¶￦º¥°¹©￦³ª￦¸¬©￦©µ¹­´±©²¸￦¶©§©­º©¨￦ (D)￦ ‫ڸ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
￦
Question No. 2
￠©¶³Ζ￦¸¬©￦¨­ªª©¶©²§©￦¦©¸»©©²￦¸¬©￦ª¥­¶￦º¥°¹©￦¥²¨￦­¸·￦´¥¶￦º¥°¹©￦­·￦¶©§³«²­¾©¨￦¥·￦·¬¥¶©￦
´¶©±­¹±￦­²￦¸¬©￦©µ¹­¸½Κ￦ ￦ ￦ (A)￦
￦
￦
PROBLEM 19-11￦Acquisition through Issuance of Bonds Payable
￦

Question No. 1
ￌ¥­¶￦º¥°¹©￦³ª￦¸¬©￦¦³²¨·￦Ϯ‫ڴڵ‬Ζ‫ڴڴڶ‬￦¼￦‫ڴڴڹ‬ϯ (C) ‫ڹ‬Ζ‫ڴڴڵ‬Ζ‫ڴڴڴ‬￦
￦

Question No. 2
￠©¶³Ζ￦ ¸¬©￦ ¨­ªª©¶©²§©￦ ¦©¸»©©²￦ ¸¬©￦ ª¥­¶￦ º¥°¹©￦ ¥²¨￦ ­¸·￦ ´¥¶￦ º¥°¹©￦ ­·￦ ¶©§³«²­¾©¨￦ ¥·￦
´¶©±­¹±￦³²￦¦³²¨·￦´¥½¥¦°©Κ￦ (A)


PROBLEM 19-12 Acquisition by Donation
￦

Question No. 1
ￌ¥­¶￦º¥°¹©￦ ‫ڸ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
ￇ¨¨Ό￦ￊ­¶©§¸￦§³·¸￦ ‫ڴڸ‬Ζ‫ڴڴڴ‬￦
ￚ³¸¥°￦§³·¸￦ ￦ ￦ ￦ (B)￦ ‫ڸ‬Ζ‫ڴڸڴ‬Ζ‫ڴڴڴ‬￦
￦

Question No. 2
ￌ¥­¶￦º¥°¹© ￦ ￦ (C) ‫ڸ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
￦

ￚ¬©￦ ¶©«­·¸¶¥¸­³²￦ ¥²¨￦ ¸¶¥²·ª©¶￦ ³ª￦ ¸­¸°©￦ ­·￦ §¬¥¶«©¨￦ ¸³￦ ￊ³²¥¸©¨￦ ￉¥´­¸¥°￦ ϑ￦ ￙¬¥¶©￦
ￖ¶©±­¹±Κ￦
PROBLEM 19-13 Capitalizable Cost of Land
￦

170
Chapter 19: Property, Plant and Equipment

Question No. 1
ￖ¹¶§¬¥·©￦´¶­§©￦ ‫ڴڴڸ‬Ζ‫ڴڴڴ‬￦
ￊ©±³°­¸­³²￦³ª￦©¼­·¸­²«￦¦¹­°¨­²«￦³²￦·­¸©￦ ‫ڹڻ‬Ζ‫ڴڴڴ‬￦
ￒ©«¥°￦¥²¨￦³¸¬©¶￦ª©©·￦¸³￦§°³·©￦©·§¶³»￦ ‫ڶڵ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦ￖ¶³§©©¨·￦ª¶³±￦·¥°©￦³ª￦¨©±³°­¸­³²￦·§¶¥´ ‫ڴڵ‬Ζ‫ڴڴڴ‬￦
ￚ³¸¥°￦§³·¸￦ ￦ ￦ (C) ‫ڻڻڸ‬Ζ‫ڴڴڴ‬￦
￦

Question No. 2
ￖ¹¶§¬¥·©￦´¶­§©￦ ‫ڴڴڸ‬Ζ‫ڴڴڴ‬￦
ￒ©«¥°￦¥²¨￦³¸¬©¶￦ª©©·￦¸³￦§°³·©￦©·§¶³»￦ ‫ڶڵ‬Ζ‫ڴڴڴ‬￦
ￚ³¸¥°￦§³·¸￦ ￦ ￦ ￦ (A)￦ ‫ڶڵڸ‬Ζ‫ڴڴڴ‬￦
￦
￦
PROBLEM 19-14 Subsequent Expenditure on PPE
￦

Question No. 1
￈©«­²²­²«￦¦¥°¥²§©￦ ￦￐¥²￦‫ڵ‬￦ ‫ڴڽڻ‬Ζ‫ڴڴڴ‬￦
ￇ¨¨Ό￦ￕº©¶¬¥¹°￦ ￦￐¹²©￦‫ڴڷ‬￦ ‫ڴں‬Ζ‫ڴڴڴ‬￦
ￚ³¸¥°￦§³·¸￦³ª￦±³¸³¶￦º©¬­§°© (C) ‫ڴڹڼ‬Ζ‫ڴڴڴ‬￦
￦

Question No. 2
￈©«­²²­²«￦¦¥°¥²§©￦ ￦￐¥²￦‫ڵ‬￦ ‫ڵ‬Ζ‫ڴڴڽ‬Ζ‫ڴڴڴ‬￦
ￇ¨¨Ό￦￘©¥¶¶¥²«©±©²¸￦¥²¨￦­²·¸¥°°¥¸­³²￦ ￦ￓ¥¶§¬￦‫ڶ‬￦ ‫ڹڸ‬Ζ‫ڴڴڴ‬￦
￦￦￦￦￦￦￦￦￦￦ￏ±´¶³º©±©²¸￦¸¬¥¸￦©¼¸©²¨￦¸¬©￦°­ª©￦ ￦ￊ©§©±¦©¶ ‫ڴں‬Ζ‫ڴڴڴ‬￦
ￚ³¸¥°￦§³·¸￦³ª￦±¥§¬­²© ￦ (B) ‫ڶ‬Ζ‫ڹڴڴ‬Ζ‫ڴڴڴ‬￦
￦

Question No. 3
￈©«­²²­²«￦¦¥°¥²§©￦ ￦￐¥²￦‫ڵ‬￦ ‫ڴڴں‬Ζ‫ڴڴڴ‬￦
ￇ¨¨Ό￦ￛ²°³¥¨­²«￦¥²¨￦·©¸￦¹´￦§³·¸￦ ‫ڼڸ‬Ζ‫ڴڴڴ‬￦
ￚ³¸¥°￦§³·¸￦³ª￦´¶©§­·­³²￦±¥§¬­²©￦ ￦ (C)￦ ‫ڼڸں‬Ζ‫ڴڴڴ‬￦
￦

Question No. 4
￈©«­²²­²«￦¦¥°¥²§©￦ ￐¥²￦‫ڵ‬ ‫ڸ‬Ζ‫ڴڴڵ‬Ζ‫ڴڴڴ‬￦
ￇ¨¨Ό￦ￏ²·¸¥°°¥¸­³²￦³ª￦·´¶­²¯°©¶￦·½·¸©±￦ ￦´¥¶¸￦³ª￦¦°¹©￦´¶­²¸￦ ‫ڴڷڵ‬Ζ‫ڴڴڴ‬￦
ￇ¨¨Ό￦￉³·¸￦³ª￦¥¸¸­§￦ ‫ڴڴڹ‬Ζ‫ڴڴڴ‬￦
ￚ³¸¥°￦§³·¸￦³ª￦¦¹­°¨­²«￦ ￦ ￦ (B)￦ ‫ڸ‬Ζ‫ڴڷڻ‬Ζ‫ڴڴڴ‬￦
￦

Question No. 5
￘³¹¸­²©￦¶©´¥­¶·￦¥²¨￦±¥­²¸©²¥²§©￦ (D)￦ ‫ںڶ‬Ζ‫ڴڴڴ‬￦
￦

SUMMARY OF ANSWERS:
1. C 2. B 3. C 4. B 5. D
￦
￦

171
Chapter 19: Property, Plant and Equipment

PROBLEM 19-15 Specific Loan, Investment of Surplus Funds, Temporary

Delay in Construction
￦

Question No. 1
ￏ²¸©¶©·¸￦´¥­¨￦Ϯ‫ڴڶ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦¼￦‫ܫڸڵ‬￦¼￦‫ڶڵ‬ϑ‫ڶڵ‬ϯ￦ ‫ڶ‬Ζ‫ڴڴڼ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦ￏ²º©·¸±©²¸￦­²§³±©￦ ￦
￦￦‫ڸڵ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦¼￦‫ܫڴڵ‬￦¼￦‫ں‬ϑ‫ڶڵ‬￦ ‫ڴڴڻ‬Ζ‫ڴڴڴ‬￦
￦￦‫ڶ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦¼￦‫ܫڴڵ‬￦¼￦‫ڶ‬ϑ‫ڶڵ‬￦ ‫ڷڷ‬Ζ‫ڷڷڷ‬￦
￉¥´­¸¥°­¾¥¦°©￦¦³¶¶³»­²«￦§³·¸￦ ‫ڶ‬Ζ‫ںںڴ‬Ζ‫ڻںں‬￦

ￔ³¸©￦¸¬¥¸￦§¥´­¸¥°­¾¥¸­³²￦³ª￦¦³¶¶³»­²«￦§³·¸·￦¨³©·￦²³¸￦§©¥·©￦¨¹¶­²«￦¥￦¸©±´³¶¥¶½￦
¨©°¥½￦­²￦§³²·¸¶¹§¸­³²Κ￦

Question No. 2
ￏ²¸©¶©·¸￦´¥­¨￦Ϯ‫ڴڶ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦¼￦‫ܫڸڵ‬￦¼￦‫ڶڵ‬ϑ‫ڶڵ‬ϯ￦ ‫ڶ‬Ζ‫ڴڴڼ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦￉¥´­¸¥°­¾©¨￦¦³¶¶³»­²«￦§³·¸ ‫ڶ‬Ζ‫ںںڴ‬Ζ‫ڻںں‬￦
ￏ²¸©¶©·¸￦©¼´©²·©￦ ‫ڷڷڻ‬Ζ‫ڷڷڷ‬￦
￦

ￔ³¸©￦ ¸¬¥¸￦ ¸¬©￦ ­²¸©¶©·¸￦ ´¥­¨￦ ¥²¨￦ ­²º©·¸±©²¸￦ ­²§³±©￦ ­·￦ ¹·©¨￦ ¸³￦ §³±´¹¸©￦ ª³¶￦ ¸¬©￦
§¥´­¸¥°­¾¥¦°©￦ ¦³¶¶³»­²«￦ §³·¸Κ￦ ￎ³»©º©¶Ζ￦ ¸¬©￦ ¥±³¹²¸￦ ¶©§³«²­¾©¨￦ ¥·￦ ¥²￦ ­²¸©¶©·¸￦
©¼´©²·©￦ ­·￦ ¸¬©￦ ¨­ªª©¶©²§©￦ ¦©¸»©©²￦ ¸¬©￦ ¸³¸¥°￦ ­²¸©¶©·¸￦ ´¥­¨￦ ¥²¨￦ §¥´­¸¥°­¾¥¦°©￦
¦³¶¶³»­²«￦§³·¸Κ￦ￇ°·³Ζ￦¸¬©￦¥±³¹²¸￦¶©§³«²­¾©¨￦¥·￦­²¸©¶©·¸￦­²§³±©￦­·￦‫ڷڷڻ‬Ζ‫ڷڷڷ‬Κ￦

Question No. 3
ￚ³¸¥°￦´¶³«¶©··￦´¥½±©²¸·￦ ‫ڴڶ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
ￇ¨¨Ό￦￉¥´­¸¥°­¾©¨￦¦³¶¶³»­²«￦§³·¸ ‫ڶ‬Ζ‫ںںڴ‬Ζ‫ڻںں‬￦
ￚ³¸¥°￦§³·¸￦³ª￦¸¬©￦·¸¥¨­¹±￦ ‫ڷڶ‬Ζ‫ںںڴ‬Ζ‫ڻںں‬￦
￦
￦
PROBLEM 19-16 Specific Loan with Costs Incurred Evenly; Investment of
Surplus Funds
￦

Question No. 1
ￏ²¸©¶©·¸￦ ©¼´©²·©￦ ¹²¨©¶￦ ©ªª©§¸­º©￦ ­²¸©¶©·¸￦ ±©¸¬³¨￦ Ϯ‫ڹ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦ ¼￦ ‫ڼڴڼ‬Ζ‫ڽڶڵ‬￦
Κ‫ڽڵڷںڻڵ‬￦¼￦‫ڵڵ‬ϑ‫ڶڵ‬ϯ￦
ￒ©··Ό￦ￏ²º©·¸±©²¸￦­²§³±©￦Ϯ‫ڴڹڶ‬Ζ‫ڴڴڴ‬￦¼￦‫ڵڵ‬ϑ‫ڶڵ‬ϯ￦ ‫ڽڶڶ‬Ζ‫ڻںڵ‬￦
￉¥´­¸¥°­¾¥¦°©￦¦³¶¶³»­²«￦§³·¸￦ ‫ڼڻڹ‬Ζ‫ڶںڽ‬￦

Question No. 2
ￏ²¸©¶©·¸￦ ©¼´©²·©￦ ¹²¨©¶￦ ©ªª©§¸­º©￦ ­²¸©¶©·¸￦ ±©¸¬³¨￦ Ϯ‫ڹ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦ ¼￦ ‫ڵڼڼ‬Ζ‫ڹڽڹ‬￦
Κ‫ڽڵڷںڻڵ‬￦¼￦‫ڶڵ‬ϑ‫ڶڵ‬ϯ￦
ￒ©··Ό￦￉¥´­¸¥°­¾©¨￦¦³¶¶³»­²«￦§³·¸￦ ‫ڼڻڹ‬Ζ‫ڶںڽ‬￦
ￏ²¸©¶©·¸￦©¼´©²·©￦ ‫ڶڴڷ‬Ζ‫ڷڷں‬￦

Question No. 3
ￚ³¸¥°￦©¼´©²¨­¸¹¶©·￦ ‫ڶ‬Ζ‫ڴڴڻ‬Ζ‫ڴڴڴ‬￦
ￇ¨¨Ό￦￉¥´­¸¥°­¾©¨￦¦³¶¶³»­²«￦§³·¸ ‫ڼڻڹ‬Ζ‫ڶںڽ‬￦
ￚ³¸¥°￦§³·¸￦³ª￦¸¬©￦¦¹­°¨­²«￦ ‫ڷ‬Ζ‫ڼڻڶ‬Ζ‫ڶںڽ‬￦

172
‫‪Chapter 19: Property, Plant and Equipment‬‬

‫ ‪Question No. 4‬‬

‫‪ￚ³¸¥°￦§³·¸￦³ª￦¸¬©￦¦¹­°¨­²«￦‬‬ ‫‪￦‬ڶںڽ‪Ζ‬ڼڻڶ‪Ζ‬ڷ‬
‫‪ￒ©··Ό￦￘©·­¨¹¥°￦º¥°¹©￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڴڴ‪Ζ‬ڵ‬
‫‪ￊ©´¶©§­¥¦°©￦¥±³¹²¸￦‬‬ ‫‪￦‬ڶںڽ‪Ζ‬ڼڻڶ‪Ζ‬ڶ‬
‫‪ￊ­º­¨©￦¦½Ό￦ￛ·©ª¹°￦°­ª©￦‬‬ ‫‪￦‬ڴڵ‬
‫·¬¸‪ￓ¹°¸­´°½￦¦½Ό￦ￓ³²‬‬ ‫‪￦‬ڶڵ‪ϑ‬ڵ‬
‫‪￦‬ڼڵڴڶ‪ￊ©´¶©§­¥¸­³²￦Ο￦‬‬ ‫‪￦‬ڵڽڽ‪Ζ‬ڼڵ‬
‫‪￦‬‬

‫‪ￔ³¸©￦¨©´¶©§­¥¸­³²￦»­°°￦·¸¥¶¸￦»¬©²￦¸¬©￦¥··©¸￦­·￦¥º¥­°¥¦°©￦ª³¶￦¹·©Κ￦‬‬
‫‪￦‬‬
‫‪￦‬‬
‫ ‪PROBLEM 19-17 General Borrowings‬‬
‫‪￦‬‬

‫ ‪Question No. 1‬‬

‫‪￘¥¸©￦‬‬ ‫‪ￖ¶­²§­´¥°￦‬‬ ‫‪ￏ²¸©¶©·¸￦‬‬
‫‪￦‬ܫڹڵ‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڴڴ‪Ζ‬ڸ‬ ‫ڴڴڴ‪Ζ‬ڴڴں‬
‫‪￦‬ܫڴڶ‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڴڴ‪Ζ‬ڶ‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڴڸ‬
‫‪ￚ³¸¥°￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڴڴ‪Ζ‬ڵ ‪￦‬ڴڴڴ‪Ζ‬ڴڴڴ‪Ζ‬ں‬
‫‪￦‬‬

‫‪￦16.67%￦‬ܥ‪ϯ￦‬ڴڴڴ‪Ζ‬ڴڴڴ‪Ζ‬ں‪￦ϑ￦ￖ‬ڴڴڴ‪Ζ‬ڴڴڴ‪Ζ‬ڵ‪￉¥´­¸¥°­¾¥¸­³²￦￘¥¸©￦Ϯￖ‬‬
‫‪￦‬‬
‫‪ϯ￦‬ڴڴڴ‪Ζ‬ڴڴڵ‪Ζ‬ڶ‪￦‬ܩ‪￦‬ڴڴڴ‪Ζ‬ڴڴں‪￦Ϯ‬ڵ‪￐¥²¹¥¶½￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڴڻ‪Ζ‬ڶ‬ ‫‪￦‬ڶڵ‪ϑ‬ڶڵ‪¼￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڴڻ‪Ζ‬ڶ‬
‫‪￦‬ڵ‪￐¹°½￦‬‬ ‫ڴڴڴ‪Ζ‬ڴڴڶ‪Ζ‬ڵ‬ ‫‪￦‬ڶڵ‪ϑ‬ں‪¼￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڴں‬
‫‪￦‬ڵ‪ￊ©§©±¦©¶￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڸڶ‬ ‫‪￦‬ڶڵ‪ϑ‬ڵ‪¼￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڶ‬
‫‪ￇº©¶¥«©￦¥§§¹±¹°¥¸©¨￦©¼´©²¨­¸¹¶©￦‬‬ ‫ ‪￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڶڷ‪Ζ‬ڷ‬
‫©¸‪ￓ¹°¸­´°½￦¦½Ό￦￘¥‬‬ ‫ ‬ ‫‪￦‬ܫڻں‪Κ‬ںڵ‬
‫¸·‪￉¥´­¸¥°­¾¥¦°©￦¦³¶¶³»­²«￦§³‬‬ ‫ ‬ ‫‪￦‬ڸڷڷ‪Ζ‬ڷڹڹ‬
‫‪￦‬‬

‫‪ￔ³¸©￦¸¬¥¸￦­²º©·¸±©²¸￦­²§³±©￦­·￦²³¸￦§³²·­¨©¶©¨￦·­²§©￦¸¬©￦¸»³￦°³¥²·￦¥¶©￦§³²·­¨©¶©¨￦‬‬
‫‪«©²©¶¥°￦¦³¶¶³»­²«·Κ￦‬‬
‫‪￦‬‬
‫ ‪Question No. 2‬‬
‫‪ￚ³¸¥°￦­²¸©¶©·¸￦©¼´©²·©￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڴڴ‪Ζ‬ڵ‬
‫‪ￒ©··Ό￦￉¥´­¸¥°­¾©¨￦¦³¶¶³»­²«￦§³·¸￦‬‬ ‫‪￦‬ڸڷڷ‪Ζ‬ڷڹڹ‬
‫‪ￏ²¸©¶©·¸￦©¼´©²·©￦‬‬ ‫‪￦‬ڻںں‪Ζ‬ںڸڸ‬
‫‪￦‬‬
‫ ‪Question No. 3‬‬
‫¨‪ￋ¼´©²¨­¸¹¶©·￦§¥´­¸¥°­¾©¨￦ ￦´¶©º­³¹·￦´©¶­³‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڴں‬
‫‪ￇ¨¨Ό￦ￋ¼´©²¨­¸¹¶©·￦¨¹¶­²«￦¸¬©￦§¹¶¶©²¸￦½©¥¶￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڸڹ‪Ζ‬ڷ‬
‫‪ￇ¨¨Ό￦￉¥´­¸¥°­¾©¨￦¦³¶¶³»­²«￦§³·¸￦‬‬ ‫‪￦‬ڸڷڷ‪Ζ‬ڷڹڹ‬
‫‪ￚ³¸¥°￦§³·¸￦³ª￦¸¬©￦ª¥§¸³¶½￦¦¹­°¨­²«￦‬‬ ‫‪￦‬ڸڷڷ‪Ζ‬ڷڽں‪Ζ‬ڸ‬
‫‪￦‬‬
‫‪￦‬‬
‫ ‬ ‫ ‬

‫‪173‬‬
Chapter 19: Property, Plant and Equipment

PROBLEM 19-18￦Specific and General Borrowings

Questions No. 1 & 2
￐¥²¹¥¶½￦‫ڵ‬￦ ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦ ¼￦‫ڶڵ‬ϑ‫ڶڵ‬￦ ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦
￙©´¸©±¦©¶￦‫ڵ‬￦ ‫ڴڴڷ‬Ζ‫ڴڴڴ‬ ¼￦‫ڸ‬ϑ‫ڶڵ‬ ‫ڴڴڵ‬Ζ‫ڴڴڴ‬￦
ￊ©§©±¦©¶￦‫ڵڷ‬￦ ‫ڴڴڷ‬Ζ‫ڴڴڴ‬￦ ¼￦‫ڴ‬ϑ‫ڶڵ‬￦ ‫ڴ‬￦
ￇº©¶¥«©￦¥§§¹±¹°¥¸©¨￦©¼´©²¨­¸¹¶©￦ ￦ 1. (A) ‫ڴڴڷ‬Ζ‫ڴڴڴ‬￦
ￓ¹°¸­´°½￦¦½Ό￦￘¥¸©￦ ￦ ‫ܫڶڵ‬￦
￉¥´­¸¥°­¾¥¦°©￦¦³¶¶³»­²«￦§³·¸￦ ￦ 2. (D) ￖ‫ںڷ‬Ζ‫ڴڴڴ‬￦
￦

￙­²§©￦¸¬©￦¥º©¶¥«©￦¥§§¹±¹°¥¸©¨￦©¼´©²¨­¸¹¶©￦¨­¨￦²³¸￦©¼§©©¨￦¸¬©￦´¶­²§­´¥°￦³ª￦¸¬©￦
·´©§­ª­§￦ ¦³¶¶³»­²«Ζ￦¸¬©￦·´©§­ª­§￦ ¶¥¸©￦»¥·￦ ¹·©¨￦­²￦¨©¸©¶±­²­²«￦¸¬©￦§¥´­¸¥°­¾¥¦°©￦
¦³¶¶³»­²«￦§³·¸Κ￦
￦
Question No. 3 & 4
ￇ§§¹±¹°¥¸©¨￦ ©¼´©²¨­¸¹¶©·￦ ￦ ‫ںڷڼ‬Ζ‫ڴڴڴ‬￦ ¼￦‫ڽ‬ϑ‫ڽ‬￦ ‫ںڷڼ‬Ζ‫ڴڴڴ‬￦
‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ڻڵڴڶ‬￦Ϯￖ‫ڴڴڼ‬Ζ‫ڴڴڴ‬￦‫ܩ‬￦‫ںڷ‬Ζ‫ڴڴڴ‬ϯ￦
ￓ¥¶§¬￦‫ڵڷ‬Ζ￦‫ڼڵڴڶ‬￦ ‫ڴڴڷ‬Ζ‫ڴڴڴ‬￦ ¼￦‫ں‬ϑ‫ڽ‬￦ ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦
￙©´¸©±¦©¶￦‫ڴڷ‬Ζ￦‫ڼڵڴڶ‬ ‫ڴڴڶ‬Ζ‫ڴڴڴ‬ ¼￦‫ڴ‬ϑ‫ڶڵ‬ ‫ڴ‬￦
ￇº©¶¥«©￦¥§§¹±¹°¥¸©¨￦©¼´©²¨­¸¹¶©￦ ￦ 3. (D) ‫ڵ‬Ζ‫ںڷڴ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦￙´©§­ª­§￦¦³¶¶³»­²«￦ ￦ ‫ڴڹڻ‬Ζ‫ڴڴڴ‬￦
ￋ¼§©··￦¥¸¸¶­¦¹¸¥¦°©￦¸³￦«©²©¶¥°￦¦³¶¶³»­²«￦ ‫ںڼڶ‬Ζ‫ڴڴڴ‬￦
ￓ¹°¸­´°½￦¦½Ό￦￘¥¸© ‫ܫڽ‬￦
ￓ¹°¸­´°½￦¦½Ό￦ￓ³²¸¬·￦³¹¸·¸¥²¨­²«￦ ￦ ‫ڽ‬ϑ‫ڶڵ‬￦
￉¥´­¸¥°­¾¥¦°©￦¦³¶¶³»­²«￦§³·¸￦ ￦«©²©¶¥°￦¦³¶¶³»­²«·￦ ‫ڽڵ‬Ζ‫ڹڴڷ‬￦
ￇ¨¨Ό￦￙´©§­ª­§￦¦³¶¶³»­²«·￦Ϯ‫ڴڹڻ‬Ζ‫ڴڴڴ‬￦¼￦‫ܫڶڵ‬￦¼￦‫ڽ‬ϑ‫ڶڵ‬ϯ￦ ‫ڻں‬Ζ‫ڴڴڹ‬￦
ￚ³¸¥°￦§¥´­¸¥°­¾¥¦°©￦¦³¶¶³»­²«￦§³·¸￦ 4. (B) ‫ںڼ‬Ζ‫ڹڴڼ‬￦
￦
SUMMARY OF ANSWERS:
1. A 2. D 3. D 4. B
￦
￦
PROBLEM 19-19￦Specific Borrowing Used For General Purposes￦
￦

ￚ³¸¥°￦©¼´©²¨­¸¹¶©·￦￦ ‫ں‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
ￊ­º­¨©￦¦½￦ ‫ڶ‬￦
ￚ³¸¥°￦ ‫ڷ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦ￏ²º©·¸±©²¸￦­²§³±©￦Ϯ‫ڴڹ‬Ζ‫ڴڴڴ‬￦¼￦‫ڷ‬ϑ‫ڶڵ‬ϯ￦￦ ‫ڶڵ‬Ζ‫ڴڴڹ‬￦
￝©­«¬¸©¨￦¥º©¶¥«©￦©¼´©²¨­¸¹¶©·￦￦ ‫ڶ‬Ζ‫ڻڼڽ‬Ζ‫ڴڴڹ‬￦
ￓ¹°¸­´°½￦¦½Ό￦￘¥¸©￦ ‫ܫڴڵ‬￦
￉¥´­¸¥°­¾¥¦°©￦¦³¶¶³»­²«￦§³·¸￦ ￦ (A) ‫ڼڽڶ‬Ζ‫ڴڹڻ‬￦
￦
￦

174
Chapter 19: Property, Plant and Equipment

PROBLEM 19-20 Different Depreciation Methods

￦

￉³·¸￦ ￖ‫ڷ‬Ζ‫ڴڴڷ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦￘©·­¨¹¥°￦º¥°¹©￦ ‫ڴڴڷ‬Ζ‫ڴڴڴ‬￦
ￊ©´¶©§­¥¦°©￦¥±³¹²¸￦ ￖ‫ڷ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
￦
Requirement No. 1 Straight Line
‫ ڼڵڴڶ‬Ϯￖ‫ڷ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦ϑ￦‫ڹ‬￦¼￦‫ڶڵ‬ϑ‫ڶڵ‬ϯ￦ ‫ڴڴں‬Ζ‫ڴڴڴ‬￦
￦ ￦

‫ ڽڵڴڶ‬Ϯￖ‫ڷ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦ϑ￦‫ڹ‬￦¼￦‫ڶڵ‬ϑ‫ڶڵ‬ϯ￦ ‫ڴڴں‬Ζ‫ڴڴڴ‬￦
￦
Requirement No. 2 Service Hours
￦

ￊ©´¶©§­¥¸­³²￦¶¥¸©￦´©¶￦¬³¹¶￦Ϯￖ‫ڷ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦ϑ￦‫ڴں‬Ζ‫ڴڴڴ‬￦¬³¹¶·ϯ￦‫ܥ‬￦P50/hour￦
￦

‫ ڼڵڴڶ‬Ϯￖ‫ڴڹ‬ϑ¬³¹¶￦¼￦‫ڷ‬Ζ‫ڴڴڴ‬￦¬³¹¶·ϯ￦ ‫ڴڹڵ‬Ζ‫ڴڴڴ‬￦
￦ ￦

‫ ڽڵڴڶ‬Ϯￖ‫ڴڹ‬ϑ¬³¹¶￦¼￦‫ڷ‬Ζ‫ڴڴڹ‬￦¬³¹¶·ϯ￦ ‫ڹڻڵ‬Ζ‫ڴڴڴ‬￦
￦
Requirement No. 3 Units of Output Method
￦

ￊ©´¶©§­¥¸­³²￦¶¥¸©￦´©¶￦¹²­¸￦Ϯￖ‫ڷ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦ϑ￦‫ڴڹ‬Ζ‫ڴڴڴ‬￦¹²­¸·ϯ￦‫ܥ‬￦P60/unit￦
￦

‫ ڼڵڴڶ‬Ϯￖ‫ڴں‬ϑ¹²­¸￦¼￦‫ڹ‬Ζ‫ڴڴڴ‬￦¹²­¸·ϯ ‫ڴڴڷ‬Ζ‫ڴڴڴ‬￦
￦ ￦

‫ ڽڵڴڶ‬Ϯￖ‫ڴں‬ϑ¹²­¸￦¼￦‫ڸ‬Ζ‫ڴڴڹ‬￦¹²­¸·ϯ ‫ڴڻڶ‬Ζ‫ڴڴڴ‬￦
￦
Requirement No. 4 Sum-
￦

￙¹±Ο³ªΟ½©¥¶·Ο¨­«­¸·￦σ‫ڹ‬￦¼￦ϮϮ‫ڵܩڹ‬ϯϑ‫ڶ‬ϯσ￦‫ܥ‬￦15￦
￦

‫ ڼڵڴڶ‬Ϯￖ‫ڷ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦¼￦‫ڹ‬ϑ‫ڹڵ‬ϯ ‫ڵ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
￦ ￦

‫ڽڵڴڶ‬￦Ϯￖ‫ڷ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦¼￦‫ڸ‬ϑ‫ڹڵ‬ϯ￦ ‫ڴڴڼ‬Ζ‫ڴڴڴ‬￦
￦
Requirement No. 5 Sum-
￦

￙¹±Ο³ªΟ½©¥¶·Ο¨­«­¸·￦σ‫ڵڵ‬￦¼￦ϮϮ‫ڵܩڵڵ‬ϯϑ‫ڶ‬ϯσ￦‫ܥ‬￦66￦
￦

‫ڼڵڴڶ‬Ό￦￦ ￐¥²￦‫ڵ‬￦¸³￦￐¹²©￦‫ڴڷ‬￦Ϯￖ‫ڷ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦¼￦‫ڵڵ‬ϑ‫ںں‬ϯ￦ ‫ڴڴڹ‬Ζ‫ڴڴڴ‬￦

￦ ￐¹°½￦‫ڵ‬￦¸³￦ￊ©§©±¦©¶￦‫ڵڷ‬￦Ϯￖ‫ڷ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦¼￦‫ڴڵ‬ϑ‫ںں‬ϯ ‫ڸڹڸ‬Ζ‫ڹڸڹ‬￦
ￚ³¸¥°￦¨©´¶©§­¥¸­³²￦©¼´©²·©￦ ‫ڸڹڽ‬Ζ‫ڹڸڹ‬￦
￦ ￦

‫ڽڵڴڶ‬Ό￦￦ ￐¥²￦‫ڵ‬￦¸³￦￐¹²©￦‫ڴڷ‬￦Ϯￖ‫ڷ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦¼￦‫ڽ‬ϑ‫ںں‬ϯ￦ ‫ڽڴڸ‬Ζ‫ڵڽڴ‬￦

￦ ￐¹°½￦‫ڵ‬￦¸³￦ￊ©§©±¦©¶￦‫ڵڷ‬￦Ϯￖ‫ڷ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦¼￦‫ڼ‬ϑ‫ںں‬ϯ￦ ‫ڷںڷ‬Ζ‫ںڷں‬￦
ￚ³¸¥°￦¨©´¶©§­¥¸­³²￦©¼´©²·©￦ ‫ڶڻڻ‬Ζ‫ڻڶڻ‬￦
￦

ￔ³¸©Ό￦ￏª￦¸¬©￦¹·©ª¹°￦°­ª©￦­·￦²³¸￦¥￦ »¬³°©￦²¹±¦©¶Ζ￦­¸￦·¬³¹°¨￦¦©￦§³²º©¶¸©¨￦¸³￦»¬³°©￦
²¹±¦©¶Κ￦ ￏ²￦ ¸¬­·￦ ´¶³¦°©±Ζ￦ ¸¬©￦ ‫ڹ‬Κ‫©½ڹ‬¥¶·￦ ­·￦ ±¹°¸­´°­©¨￦ ¦½￦ ‫ڶ‬￦ ¸³￦ ¥¶¶­º©￦ ¥¸￦ ‫ڵڵ‬￦ ·©±­Ο
¥²²¹¥°￦ ´©¶­³¨·Κ￦ ￚ³￦ ¥¶¶­º©￦ ¥¸￦ ¸¬©￦ ¥²²¹¥°￦ ¨©´¶©§­¥¸­³²Ζ￦ ¸»³￦ ª¶¥§¸­³²·￦ ·¬³¹°¨￦ ¦©￦
¹·©¨Κ￦
￦

175
Chapter 19: Property, Plant and Equipment

Requirement No. 6 Sum-

￦

￙¹±Ο³ªΟ½©¥¶·Ο¨­«­¸·￦σ‫ڹ‬￦¼￦ϮϮ‫ڵܩڹ‬ϯϑ‫ڶ‬ϯσ￦‫ܥ‬￦15￦
￦

‫ڼڵڴڶ‬￦Ϯￖ‫ڷ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦¼￦‫ڹ‬ϑ‫ڹڵ‬￦¼￦‫ڷ‬ϑ‫ڶڵ‬ϯ￦ ‫ڴڹڶ‬Ζ‫ڴڴڴ‬￦
￦ ￦

‫ڽڵڴڶ‬￦Ϯￖ‫ڷ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦¼￦‫ڹ‬ϑ‫ڹڵ‬￦¼￦‫ڽ‬ϑ‫ڶڵ‬ϯ￦‫ܩ‬￦Ϯￖ‫ڷ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦¼￦‫ڸ‬ϑ‫ڹڵ‬￦¼￦‫ڽ‬ϑ‫ڶڵ‬ϯ￦ ‫ڴڹڽ‬Ζ‫ڴڴڴ‬￦
￦
Requirement No. 7 Double-declining balance
￦

ￊ³¹¦°©￦¨©§°­²­²«￦¶¥¸©￦Ϯ‫ڶ‬ϑ‫ڹ‬ϯ￦‫ܥ‬￦40%￦
￦

‫ڼڵڴڶ‬￦Ϯￖ‫ڷ‬Ζ‫ڴڴڷ‬Ζ‫ڴڴڴ‬￦¼￦‫ܫڴڸ‬ϯ￦ ‫ڵ‬Ζ‫ڴڶڼ‬Ζ‫ڴڴڴ‬￦
￦ ￦

‫ڽڵڴڶ‬￦σϮￖ‫ڷ‬Ζ‫ڴڴڷ‬Ζ‫ڴڴڴ‬￦ ￦‫ڵ‬Ζ‫ڴڶڼ‬Ζ‫ڴڴڴ‬ϯ￦¼￦‫ܫڴڸ‬σ￦ ‫ڶڽڻ‬Ζ‫ڴڴڴ‬￦

￦
Requirement No. 8 Double-declining balance
￦

ￊ³¹¦°©￦¨©§°­²­²«￦¶¥¸©￦Ϯ‫ڶ‬ϑ‫ڹ‬ϯ￦‫ܥ‬￦40%￦
￦

‫ڼڵڴڶ‬￦Ϯￖ‫ڷ‬Ζ‫ڴڴڷ‬Ζ‫ڴڴڴ‬￦¼￦‫ܫڴڸ‬￦¼￦‫ڷ‬ϑ‫ڶڵ‬ϯ￦ ‫ڴڽڽ‬Ζ‫ڴڴڴ‬￦
￦ ￦

‫ڽڵڴڶ‬￦σϮￖ‫ڷ‬Ζ‫ڴڴڷ‬Ζ‫ڴڴڴ‬￦ ￦‫ڴڽڽ‬Ζ‫ڴڴڴ‬ϯ￦¼￦‫ܫڴڸ‬￦¼￦‫ڶڵ‬ϑ‫ڶڵ‬ϯσ￦ ‫ڸڶڽ‬Ζ‫ڴڴڴ‬￦

￦
Requirement No. 9 150% declining balance
￦

‫ܫڴڹڵ‬￦¨©§°­²­²«￦¶¥¸©￦Ϯ‫ڵ‬Κ‫ڹ‬ϑ‫ڹ‬ϯ￦‫ܥ‬￦30%￦
￦

‫ڼڵڴڶ‬￦Ϯￖ‫ڷ‬Ζ‫ڴڴڷ‬Ζ‫ڴڴڴ‬￦¼￦‫ܫڴڷ‬ϯ￦ ‫ڴڽڽ‬Ζ‫ڴڴڴ‬￦
￦ ￦

‫ڽڵڴڶ‬￦σϮￖ‫ڷ‬Ζ‫ڴڴڷ‬Ζ‫ڴڴڴ‬￦ ￦‫ڴڽڽ‬Ζ‫ڴڴڴ‬ϯ￦¼￦‫ܫڴڷ‬￦¼￦‫ڶڵ‬ϑ‫ڶڵ‬ϯσ￦ ‫ڷڽں‬Ζ‫ڴڴڴ‬￦

￦
￦
PROBLEM 19-21 Straight-Line
￦

￉³·¸￦ ￦‫ڵڴ‬ϑ‫ڵڴ‬ϑ‫ںڵڴڶ‬￦ ‫ڶڴڵ‬Ζ‫ڴڹڻ‬￦

ￒ©··Ό￦ￇ§§¹±¹°¥¸©¨￦¨©´¶©§­¥¸­³²￦ ￦‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ڻڵڴڶ‬￦ ￦
￦ σϮￖ‫ڶڴڵ‬Ζ‫ڴڹڻ‬￦ ￦ￖ‫ں‬Ζ‫ڴڹڻ‬ϯ￦ϑ￦‫ں‬￦¼￦‫ڶ‬ϯ￦ ‫ڶڷ‬Ζ‫ڴڴڴ‬￦
￉¥¶¶½­²«￦º¥°¹©￦ ￦‫ڵڴ‬ϑ‫ڵڴ‬ϑ‫ڼڵڴڶ‬ ‫ڴڻ‬Ζ‫ڴڹڻ‬￦
ￒ©··Ό￦￘©º­·©¨￦¶©·­¨¹¥°￦º¥°¹©￦￦ ‫ڸ‬Ζ‫ڴڴڹ‬￦
ￊ©´¶©§­¥¦°©￦¥±³¹²¸￦￦ ‫ںں‬Ζ‫ڴڹڶ‬￦
ￊ­º­¨©￦¦½Ό￦￘©±¥­²­²«￦¹·©ª¹°￦°­ª©￦Ϯ‫ڻ‬Ο‫ڶ‬ϯ￦ ‫ڹ‬￦
ￊ©´¶©§­¥¸­³²￦©¼´©²·©￦ ￦ ￦ (B) ‫ڷڵ‬Ζ‫ڴڹڶ‬￦
￦
￦
PROBLEM 19-22 Straight-Line￦
￦

￉³·¸￦Ϯￖ‫ڴڴڷ‬Ζ‫ڴڴڴ‬￦‫ܩ‬￦ￖ‫ڼ‬Ζ‫ڴڴڴ‬ϯ￦ ￖ‫ڼڴڷ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦￘©·­¨¹¥°￦º¥°¹© ‫ڴڵ‬Ζ‫ڴڴڴ‬￦
ￊ©´¶©§­¥¦°©￦¥±³¹²¸￦ ‫ڼڽڶ‬Ζ‫ڴڴڴ‬￦
ￊ­º­¨©￦¦½Ό￦ￛ·©ª¹°￦°­ª©￦ ‫ڴڵ‬￦
ￊ©´¶©§­¥¸­³²￦©¼´©²·©￦￦ ￦ ￦ ￦ (A)￦ ‫ڽڶ‬Ζ‫ڴڴڼ‬￦
176
Chapter 19: Property, Plant and Equipment

PROBLEM 19-23￦Composite Method￦

￦
Salvage Depreciabl Estd Annual
Cost Value e . Depreciatio
Amount Life n
ￓ¥§¬­²©￦ￇ ‫ڹڻڶ‬Ζ‫ڴڴڴ‬ ‫ڹڶ‬Ζ‫ڴڴڴ‬￦ ‫ڴڹڶ‬Ζ‫ڴڴڴ‬￦ ‫ڴڶ‬￦ ‫ڶڵ‬Ζ‫ڴڴڹ‬
ￓ¥§¬­²©￦￈￦ ‫ڴڴڵ‬Ζ‫ڴڴڴ‬￦ ‫ڴڵ‬Ζ‫ڴڴڴ‬￦ ￦￦‫ڴڽ‬Ζ‫ڴڴڴ‬￦ ‫ڹڵ‬￦ ￦￦‫ں‬Ζ‫ڴڴڴ‬￦
ￓ¥§¬­²©￦￉￦ ￦￦‫ڴڶ‬Ζ‫ڴڴڴ‬￦ ￦￦￦￦￦￦￦￦￦￦￦Ο￦ ￦￦‫ڴڶ‬Ζ‫ڴڴڴ‬￦ ‫ڹ‬￦ ￦￦‫ڸ‬Ζ‫ڴڴڴ‬￦
ￚ³¸¥°￦ ‫ڹڽڷ‬Ζ‫ڴڴڴ‬ ‫ڹڷ‬Ζ‫ڴڴڴ‬￦ ‫ڴںڷ‬Ζ‫ڴڴڴ‬￦ ￦ ‫ڶڶ‬Ζ‫ڴڴڹ‬
￦

￉³±´³·­¸©￦ￒ­ª©￦￦ ‫ܥ‬￦Ϯￊ©´¶©§­¥¦°©￦¥±³¹²¸￦ϑ￦ￚ³¸¥°￦¥²²¹¥°￦¨©´¶©§­¥¸­³²ϯ￦
￦ ￦ ‫ܥ‬￦ￖ‫ڴںڷ‬Ζ‫ڴڴڴ‬￦ϑ￦ￖ‫ڶڶ‬Ζ‫ڴڴڹ‬￦
￦ ￦ = 16 years (B)


PROBLEM 19-24￦
￦

ￚ¬©￦ ¦¥°¥²§­²«￦ ª­«¹¶©￦ ­·￦ ¥§§¹±¹°¥¸©¨￦ ¨©´¶©§­¥¸­³²￦ ¹²¨©¶￦ ¸¬©￦ «¶³¹´￦ ±©¸¬³¨￦ ³ª￦
¨©´¶©§­¥¸­³²Κ￦ ￦ ￦ ￦ (D)￦
￦
￦
PROBLEM 19-25￦Units of Output Method￦
￦

ￊ©´¶©§­¥¸­³²￦¶¥¸©￦´©¶￦¹²­¸￦σϮￖ‫ڴڴں‬Ζ‫ڴڴڴ‬￦ ￦ￖ‫ڴں‬Ζ‫ڴڴڴ‬ϯ￦ϑ￦‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦¹²­¸·ϯ￦‫ܥ‬￦P2.7/unit￦
￦

‫ڼڵڴڶ‬￦Ϯￖ‫ڶ‬Κ‫ڻ‬ϑ¹²­¸￦¼￦‫ڴڷ‬Ζ‫ڴڴڴ‬￦¹²­¸·ϯ￦ ￦ (C)￦ ‫ڵڼ‬Ζ‫ڴڴڴ‬￦

￦
￦
PROBLEM 19-26￦Working Hours Method￦
￦

ￊ©´¶©§­¥¸­³²￦¶¥¸©￦´©¶￦¬³¹¶￦σϮￖ‫ڴڴں‬Ζ‫ڴڴڴ‬￦ ￦ￖ‫ڴں‬Ζ‫ڴڴڴ‬ϯ￦ϑ￦‫ڴڴڵ‬Ζ‫ڴڴڴ‬￦¬³¹¶·ϯ￦‫ܥ‬￦P5.4/hour￦
￦

‫ڼڵڴڶ‬￦Ϯￖ‫ڹ‬Κ‫ڸ‬ϑ¬³¹¶￦¼￦‫ڹڵ‬Ζ‫ڴڴڴ‬￦¬³¹¶·ϯ￦￦ (C)￦ ‫ڵڼ‬Ζ‫ڴڴڴ‬￦

￦
￦
PROBLEM 19-27 Double Declining Balance￦
￦

ￊ©´¶©§­¥¸­³²￦¶¥¸©￦Ϯ‫ڶ‬ϑ‫ڸ‬ϯ￦‫ܥ‬￦50%￦
￦

￉³·¸￦ ‫ڼڵ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦ￇ§§¹±¹°¥¸©¨￦¨©´¶©§­¥¸­³²￦ ￦
￦￦￦‫ڻڵڴڶ‬￦Ϯￖ‫ڼڵ‬Ζ‫ڴڴڴ‬￦¼￦‫ܫڴڹ‬ϯ￦ ‫ڽ‬Ζ‫ڴڴڴ‬￦
￦￦￦‫ڼڵڴڶ‬￦Ϯￖ‫ڼڵ‬Ζ‫ڴڴڴ‬￦ ￦‫ڽ‬Ζ‫ڴڴڴ‬￦ ￦ￖ‫ڸ‬Ζ‫ڴڴڻ‬ϯ￦Є￦ ‫ڸ‬Ζ‫ڴڴڷ‬￦
￈³³¯￦º¥°¹©￦ ￦‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ڼڵڴڶ‬￦ ￦ (B)￦ ‫ڸ‬Ζ‫ڴڴڻ‬￦
￦

Єￓ¥¼­±¹±￦¨©´¶©§­¥¸­³²Κ￦ￚ¬©￦§¥¶¶½­²«￦¥±³¹²¸￦·¬³¹°¨￦²³¸￦¦©￦¶©¨¹§©¨￦¦©°³»￦­¸·￦
¶©·­¨¹¥°￦º¥°¹©Κ￦
￦
￦

177
Chapter 19: Property, Plant and Equipment

PROBLEM 19-28 Double Declining Balance￦

￦

ￊ³¹¦°©￦¨©§°­²­²«￦¶¥¸©￦Ϯ‫ڶ‬ϑ‫ڴڵ‬ϯ￦‫ܥ‬￦20%￦
￦

‫ڻڵڴڶ‬￦σϮￖ‫ڴڼڸ‬Ζ‫ڴڴڴ‬￦¼￦‫ܫڴڶ‬￦¼￦‫ڶڵ‬ϑ‫ڶڵ‬σ￦ ‫ںڽ‬Ζ‫ڴڴڴ‬￦
￦ ￦

‫ڼڵڴڶ‬￦σϮￖ‫ڴڼڸ‬Ζ‫ڴڴڴ‬￦ ￦ￖ‫ڴڽ‬Ζ‫ڴڴڴ‬ϯ￦¼￦‫ܫڴڶ‬￦¼￦‫ڶڵ‬ϑ‫ڶڵ‬σ￦ (B)￦ ‫ںڻ‬Ζ‫ڴڴڼ‬￦

￦
￦
PROBLEM 19-29 150% Declining Balance￦
￦

‫ܫڴڹڵ‬￦¨©§°­²­²«￦¶¥¸©￦Ϯ‫ڵ‬Κ‫ڹ‬ϑ‫ڹ‬ϯ￦‫ܥ‬￦30%￦
￦

‫ڻڵڴڶ‬￦Ϯￖ‫ڵ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦¼￦‫ܫڴڷ‬ϯ￦ ‫ڴڴڷ‬Ζ‫ڴڴڴ‬￦
‫ ڼڵڴڶ‬σϮￖ‫ڵ‬Ζ‫ڴڴڴ‬Ζ‫ ڴڴڴ‬￦‫ڴڴڷ‬Ζ‫ڴڴڴ‬ϯ￦¼￦‫ܫڴڷ‬σ ‫ڴڵڶ‬Ζ‫ڴڴڴ‬￦
ￇ§§¹±¹°¥¸©¨￦¨©´¶©§­¥¸­³²￦ ￦‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ڼڵڴڶ‬￦ ￦ (D)￦ ‫ڴڵڹ‬Ζ‫ڴڴڴ‬￦
￦
PROBLEM 19-30￦ ￦
￦

￙¹±Ο³ªΟ½©¥¶·Ο¨­«­¸·￦σ‫ڹ‬￦¼￦ϮϮ‫ڵܩڹ‬ϯϑ‫ڶ‬ϯσ￦‫ܥ‬￦15￦
￦

‫ڼڵڴڶ‬￦σϮￖ‫ڴڹ‬Ζ‫ڴڴڴ‬￦‫ܩ‬￦‫ڴڴڵ‬Ζ‫ڴڴڴ‬ϯ￦¼￦‫ڸ‬ϑ‫ڹڵ‬￦¼￦‫ڶڵ‬ϑ‫ڶڵ‬ϯ￦ (C)￦ ‫ںڷ‬Ζ‫ڴڴڴ‬￦

￦
￦
PROBLEM 19-31￦Component Depreciation￦
￦
Residual Depreciable Useful Dep
Component Cost value cost Life expense
ￇ￦ ‫ڴڹڹ‬Ζ‫ڴڴڴ‬￦ ‫ڴڹ‬Ζ‫ڴڴڴ‬￦ ‫ڴڴڹ‬Ζ‫ڴڴڴ‬￦ ‫ڴڵ‬￦ ‫ڴڹ‬Ζ‫ڴڴڴ‬￦
￈ ‫ڴڶڸ‬Ζ‫ڴڴڴ‬￦ ‫ڴڶ‬Ζ‫ڴڴڴ‬￦ ‫ڴڴڸ‬Ζ‫ڴڴڴ‬ ‫ڽ‬ ‫ڸڸ‬Ζ‫ڸڸڸ‬
￉￦ ‫ڴںڷ‬Ζ‫ڴڴڴ‬￦ ‫ڴڵ‬Ζ‫ڴڴڴ‬￦ ‫ڴڹڷ‬Ζ‫ڴڴڴ‬￦ ‫ڼ‬￦ ‫ڷڸ‬Ζ‫ڴڹڻ‬￦
ￊ￦ ‫ڴڽڵ‬Ζ‫ڴڴڴ‬￦ ‫ڴڷ‬Ζ‫ڴڴڴ‬￦ ‫ڴںڵ‬Ζ‫ڴڴڴ‬￦ ‫ڻ‬￦ ‫ڶڶ‬Ζ‫ڻڹڼ‬￦
ￋ ‫ڹڷڶ‬Ζ‫ڴڴڴ‬￦ ‫ڴڸ‬Ζ‫ڴڴڴ‬￦ ‫ڹڽڵ‬Ζ‫ڴڴڴ‬ ‫ں‬ ‫ڶڷ‬Ζ‫ڴڴڹ‬
ￚ³¸¥°￦ ‫ڵ‬Ζ‫ڹڹڻ‬Ζ‫ڴڴڴ‬￦ ‫ڴڹڵ‬Ζ‫ڴڴڴ‬￦ ‫ڵ‬Ζ‫ڹڴں‬Ζ‫ڴڴڴ‬ (B) ‫ڷڽڵ‬Ζ‫ڵڹڹ‬
￦
￦
PROBLEM 19-32￦Retirement Method
￦

ￕ¶­«­²¥°￦§³·¸ ‫ڴڹ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦￙¥°º¥«©￦´¶³§©©¨·￦ ‫ں‬Ζ‫ڴڴڴ‬￦
ￊ©´¶©§­¥¸­³²￦￦ ￦ ￦ ￦ (B)￦ ‫ڸڸ‬Ζ‫ڴڴڴ‬￦

\
PROBLEM 19-33￦Replacement Method￦
￦

￘©´°¥§©±©²¸￦§³·¸￦ ‫ں‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦￙¥°º¥«©￦´¶³§©©¨·￦ ‫ڴڴں‬￦
ￊ©´¶©§­¥¸­³²￦￦ ￦ ￦ ￦ ￦ (C)￦ ‫ڹ‬Ζ‫ڴڴڸ‬￦
￦

178
Chapter 19: Property, Plant and Equipment

PROBLEM 19-34￦Change in Estimate￦

￦

￉³·¸￦ ‫ڼ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦ￊ©´¶©§­¥¸­³²￦ ￦ª­¶·¸￦½©¥¶￦Ϯ‫ڼ‬Ζ‫ڴڴڴ‬￦ϑ￦‫ڸ‬ϯ￦ ‫ڶ‬Ζ‫ڴڴڴ‬￦
￉¥¶¶½­²«￦º¥°¹©￦ ￦©²¨￦³ª￦ª­¶·¸￦½©¥¶￦ ‫ں‬Ζ‫ڴڴڴ‬￦
ￊ­º­¨©¨￦¦½Ό￦￘©º­·©¨￦¶©±¥­²­²«￦¹·©ª¹°￦°­ª©￦Ϯ‫ڹ‬￦ ‫ڵ‬ϯ￦ ‫ڸ‬￦
ￊ©´¶©§­¥¸­³²￦ ‫ڶ‬²¨￦½©¥¶￦ ￦ ￦ (C)￦ ‫ڵ‬Ζ‫ڴڴڹ‬￦
￦

PROBLEM 19-35 Change in Estimate
￦

￉³·¸￦ ‫ڷ‬Ζ‫ڴڴڷ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦ￇ§§¹±¹°¥¸©¨￦¨©´¶©§­¥¸­³²￦ ￦‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ڼڵڴڶ‬￦ ￦
￦ σϮￖ‫ڷ‬Ζ‫ڴڴڷ‬Ζ‫ڴڴڴ‬￦ ￦ￖ‫ڴڴڷ‬Ζ‫ڴڴڴ‬ϯ￦ϑ￦‫ڼ‬￦¼￦‫ڸ‬σ￦ ‫ڵ‬Ζ‫ڴڴڹ‬Ζ‫ڴڴڴ‬￦
￉¥¶¶½­²«￦º¥°¹©￦ ￦‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ڼڵڴڶ‬￦ ‫ڵ‬Ζ‫ڴڴڼ‬Ζ‫ڴڴڴ‬￦
￦

CASE NO. 1
Requirement No. 1
￉¥¶¶½­²«￦º¥°¹©￦ ￦‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ڻڵڴڶ‬ ‫ڵ‬Ζ‫ڴڴڼ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦￘©·­¨¹¥°￦º¥°¹©￦ ‫ڴڴڷ‬Ζ‫ڴڴڴ‬￦
ￊ©´¶©§­¥¦°©￦¥±³¹²¸￦ ‫ڵ‬Ζ‫ڴڴڹ‬Ζ‫ڴڴڴ‬￦
ￊ­º­¨©¨￦¦½Ό￦￘©º­·©¨￦¶©±¥­²­²«￦¹·©ª¹°￦°­ª©￦￦ ‫ڶ‬￦
ￊ©´¶©§­¥¸­³²￦ ￦‫ڼڵڴڶ‬￦ ‫ڴڹڻ‬Ζ‫ڴڴڴ‬￦
￦
Requirement No. 2
￉¥¶¶½­²«￦º¥°¹©￦ ￦‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ڻڵڴڶ‬￦ ‫ڵ‬Ζ‫ڴڴڼ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦￦ￊ©´¶©§­¥¸­³²￦ ￦‫ڼڵڴڶ‬￦ ‫ڴڹڻ‬Ζ‫ڴڴڴ‬￦
￉¥¶¶½­²«￦º¥°¹©￦ ￦‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ڼڵڴڶ‬￦ ‫ڵ‬Ζ‫ڴڹڴ‬Ζ‫ڴڴڴ‬￦
￦
CASE NO. 2
Requirement No. 1
￉¥¶¶½­²«￦º¥°¹©￦ ￦‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ڻڵڴڶ‬￦ ‫ڵ‬Ζ‫ڴڴڼ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦￘©·­¨¹¥°￦º¥°¹©￦ ‫ڴڹڵ‬Ζ‫ڴڴڴ‬￦
ￊ©´¶©§­¥¦°©￦¥±³¹²¸￦ ‫ڵ‬Ζ‫ڴڹں‬Ζ‫ڴڴڴ‬￦
ￊ­º­¨©¨￦¦½Ό￦￘©±¥­²­²«￦¹·©ª¹°￦°­ª©￦Ϯ￦‫ڼ‬￦ ‫ڸ‬ϯ ‫ڸ‬￦
ￊ©´¶©§­¥¸­³²￦ ￦‫ڼڵڴڶ‬￦ ‫ڶڵڸ‬Ζ‫ڴڴڹ‬￦
￦
Requirement No. 2
￉¥¶¶½­²«￦º¥°¹©￦ ￦‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ڻڵڴڶ‬￦ ‫ڵ‬Ζ‫ڴڴڼ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦￦ￊ©´¶©§­¥¸­³²￦ ￦‫ڼڵڴڶ‬￦ ‫ڶڵڸ‬Ζ‫ڴڴڹ‬￦
￉¥¶¶½­²«￦º¥°¹©￦ ￦‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ڼڵڴڶ‬ ‫ڵ‬Ζ‫ڻڼڷ‬Ζ‫ڴڴڹ‬￦
￦
CASE NO. 3
Requirement No. 1
￉¥¶¶½­²«￦º¥°¹©￦ ￦‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ڻڵڴڶ‬￦ ‫ڵ‬Ζ‫ڴڴڼ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦￘©·­¨¹¥°￦º¥°¹© ‫ڴڴڷ‬Ζ‫ڴڴڴ‬￦
ￊ©´¶©§­¥¦°©￦¥±³¹²¸￦ ‫ڵ‬Ζ‫ڴڴڹ‬Ζ‫ڴڴڴ‬￦
179
Chapter 19: Property, Plant and Equipment

ￓ¹°¸­´°½￦¦½Ό￦ￌ¶¥§¸­³²￦Ϯ￙￟ￊ￦‫ܥ‬￦‫ڴڵ‬ϯ￦ ‫ڸ‬ϑ‫ڴڵ‬￦
ￊ©´¶©§­¥¸­³²￦ ￦‫ڼڵڴڶ‬￦ ‫ڴڴں‬Ζ‫ڴڴڴ‬￦
￦
Requirement No. 2
￉¥¶¶½­²«￦º¥°¹©￦ ￦‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ڻڵڴڶ‬￦ ‫ڵ‬Ζ‫ڴڴڼ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦￦ￊ©´¶©§­¥¸­³²￦ ￦‫ڼڵڴڶ‬￦ ‫ڴڴں‬Ζ‫ڴڴڴ‬￦
￉¥¶¶½­²«￦º¥°¹©￦ ￦‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ڼڵڴڶ‬￦ ‫ڵ‬Ζ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦
￦

PROBLEM 19-36￦Fixed Asset Turnover￦
￦

ￒ©¸￦￞￦‫ܥ‬￦ￔ©¸￦ￌ­¼©¨￦ￇ··©¸￦¥¸￦¸¬©￦©²¨￦³ª￦‫ڼڵڴڶ‬￦
￙¥°©·￦
ￌ­¼©¨￦¥··©¸￦¸¹¶²³º©¶￦‫ܥ‬￦
ￇº©¶¥«©￦ￌ­¼©¨￦ￇ··©¸￦
￦

ￖ‫ڵ‬Ζ‫ڴڼڸ‬Ζ‫ڴڴڴ‬￦
‫ڸ‬￦‫ܥ‬￦
Κ‫ڹ‬￦Ϯￖ‫ڴڶڷ‬Ζ‫ڴڴڴ‬￦‫ܩ‬￦￞ϯ￦
ￖ‫ڵ‬Ζ‫ڴڼڸ‬Ζ‫ڴڴڴ‬￦
‫ڸ‬￦‫ܥ‬￦
ￖ‫ڴںڵ‬Ζ‫ڴڴڴ‬￦‫ܩ‬￦Κ‫¼ڹ‬￦
ￖ‫ڵ‬Ζ‫ڴڼڸ‬Ζ‫ڴڴڴ‬￦‫ܥ‬￦￦ ￖ‫ڴڸں‬Ζ‫ڴڴڴ‬￦‫ܩ‬￦‫¼ڶ‬￦
￞￦‫ܥ‬￦￦ ￖ‫ڴڶڸ‬Ζ‫ڴڴڴ‬￦ (C)￦
￦

PROBLEM 19-37￦Derecognition of PPE
￦

ￏ²·¹¶¥²§©￦ￖ¶³§©©¨· ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦￉¥¶¶½­²«￦º¥°¹©￦σￖ‫ڴںڵ‬Ζ‫ڴڴڴ‬￦ ￦Ϯￖ‫ڴڶ‬Ζ‫ڴڴڴ‬￦¼￦‫ں‬ϑ‫ڶڵ‬ϯσ￦ ‫ڴڹڵ‬Ζ‫ڴڴڴ‬￦
ￍ¥­²￦³²￦¨­·´³·¥°￦￦ ￦ ￦ ￦ (D)￦ ‫ڴڹ‬Ζ‫ڴڴڴ‬￦
￦

COMPREHENSIVE PROBLEMS
PROBLEM 19-38￦
￦

Question No. 1
￈©«Κ￦￈¥°¥²§©￦³ª￦¸¬©￦ￒ¥²¨￦ ￖ￦￦￦‫ڴڴڻ‬Ζ‫ڴڴڴ‬￦
￉¥·¬￦´¥­¨￦ ‫ڶ‬Ζ‫ڴڴڹ‬Ζ‫ڴڴڴ‬￦
ￓ³¶¸«¥«©￦¥··¹±©¨￦ ‫ڸ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
￘©¥°¸³¶‫·ك‬￦§³±±­··­³²￦ ‫ڴڴڷ‬Ζ‫ڴڴڴ‬￦
ￒ©«¥°￦ª©©·Ζ￦¶©¥°¸½￦¸¥¼©·￦¥²¨￦¨³§¹±©²¸¥¸­³²￦©¼´©²·©·￦ ‫ڴڹ‬Ζ‫ڴڴڴ‬￦
ￇ±³¹²¸￦´¥­¨￦¸³￦¶©°³§¥¸©￦´©¶·³²·￦·µ¹¥¸¸­²«￦³²￦¸¬©￦´¶³´©¶¸½￦ ‫ڴڴڵ‬Ζ‫ڴڴڴ‬￦
ￚ³¸¥°￦￉³·¸￦³ª￦¸¬©￦ￒ¥²¨￦ ￦ ￦ (B)￦ ￖ‫ڻ‬Ζ‫ڴڹں‬Ζ‫ڴڴڴ‬￦
￦

Question No. 2
￈©«­²²­²«￦¦¥°¥²§©￦³ª￦¸¬©￦ￒ¥²¨￦ￏ±´¶³º©±©²¸￦ ￖ￦￦￦￦‫ڴڵ‬Ζ‫ڴڴڴ‬￦
￉³·¸￦³ª￦ª©²§­²«￦´¶³´©¶¸½￦ ‫ڴڵڵ‬Ζ‫ڴڴڴ‬￦
ￚ³¸¥°￦§³·¸￦³ª￦ￒ¥²¨￦ￏ±´¶³º©±©²¸￦ (A) ￖ￦￦‫ڴڶڵ‬Ζ‫ڴڴڴ‬￦

180
Chapter 19: Property, Plant and Equipment

Question No. 3
￈©«Κ￦￈¥°¥²§©￦³ª￦¸¬©￦￈¹­°¨­²«￦ ￖ￦ ‫ڴڴڽ‬Ζ‫ڴڴڴ‬￦
ￇ±³¹²¸￦¶©§³º©¶©¨￦ª¶³±￦·¥°º¥«©￦³ª￦¦¹­°¨­²«￦￦ Ϯ‫ڴڹڵ‬Ζ‫ڴڴڴ‬ϯ￦
￉³·¸￦³ª￦¸©¥¶­²«￦¨³»²￦¥²￦³°¨￦¦¹­°¨­²«￦ ‫ڴڶڵ‬Ζ‫ڴڴڴ‬￦
ￇ±³¹²¸￦´¥­¨￦¸³￦§³²¸¶¥§¸³¶ ‫ڶ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
￈¹­°¨­²«￦´©¶±­¸￦ ‫ڴڶ‬Ζ‫ڴڴڴ‬￦
ￋ¼§¥º¥¸­³²￦©¼´©²·©·￦ ‫ڴڹ‬Ζ‫ڴڴڴ‬￦
ￇ¶§¬­¸©§¸·‫ك‬￦ª©©·￦ ‫ڴڹ‬Ζ‫ڴڴڴ‬￦
ￚ³¸¥°￦§³·¸￦³ª￦¦¹­°¨­²« ￦ (A) ￖ‫ڶ‬Ζ‫ڴڽڽ‬Ζ‫ڴڴڴ‬￦
￦

Question No. 4
￈©«Κ￦￈¥°¥²§©￦³ª￦¸¬©￦ￓ¥§¬­²©¶½￦ ￖ￦￦‫ڴڼڽ‬Ζ‫ڴڴڴ‬￦
ￏ²º³­§©￦§³·¸￦³ª￦±¥§¬­²©¶½￦ ‫ڶ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
ￌ¶©­«¬¸Ζ￦¹²°³¥¨­²«￦ ‫ڴں‬Ζ‫ڴڴڴ‬￦
￉¹·¸³±·￦¨¹¸­©· ‫ڴڸڵ‬Ζ‫ڴڴڴ‬￦
ￇ°°³»¥²§©·￦¨¹¶­²«￦­²·¸¥°°¥¸­³²·￦ ‫ڴڴڸ‬Ζ‫ڴڴڴ‬￦
ￚ³¸¥°￦§³·¸￦³ª￦±¥§¬­²©¶½￦ ￦ ￦ (B)￦ ￖ‫ڷ‬Ζ‫ڴڼڹ‬Ζ‫ڴڴڴ‬￦
￦
Question No. 5
ￚ³¸¥°￦§³·¸￦³ª￦ￒ¥²¨￦ￏ±´¶³º©±©²¸￦ ￖ￦￦‫ڴڶڵ‬Ζ‫ڴڴڴ‬￦
ￚ³¸¥°￦§³·¸￦³ª￦¦¹­°¨­²«￦ ‫ڶ‬Ζ‫ڴڽڽ‬Ζ‫ڴڴڴ‬￦
ￚ³¸¥°￦§³·¸￦³ª￦±¥§¬­²©¶½￦ ‫ڷ‬Ζ‫ڴڼڹ‬Ζ‫ڴڴڴ‬￦
ￚ³¸¥°￦¨©´¶©§­¥¦°©￦´¶³´©¶¸½￦ ￦ (A)￦ ￖ‫ں‬Ζ‫ڴڽں‬Ζ‫ڴڴڴ‬￦
￦

￘³½¥°¸½￦´¥½±©²¸￦³²￦±¥§¬­²©·￦´¹¶§¬¥·©¨￦­²￦¸¬©￦¥±³¹²¸￦³ª￦ￖ‫ڴڶڵ‬Ζ‫ڴڴڴ‬￦·¬³¹°¨￦¦©￦

­ª￦¸¬©￦·¥±©￦­·￦¦¥·©¨￦³²￦¹²­¸·￦´¶³¨¹§©¨Κ￦ￎ³»©º©¶Ζ￦­ª￦¶³½¥°¸½￦´¥½±©²¸￦­·￦¦¥·©¨￦³²￦
¹²­¸·￦´¶³¨¹§©¨￦¥²¨￦·³°¨Ζ￦­¸￦·¬³¹°¨￦¦©￦¸¶©¥¸©¨￦¥·￦¥￦·©°°­²«￦©¼´©²·©Κ￦
￦
SUMMARY OF ANSWERS:
1. B 2. A 3. A 4. B 5. A


PROBLEM 19-39 Specific and General Borrowings
￦

Question No. 1 and 2

WEIGHTED AVERAGE IN 2018
Months
Date Expenditures outstanding Average
‫ڵڴ‬ϑ‫ڵڴ‬ϑ‫ڼڵڴڶ‬￦ ‫ڷ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬ ‫ڶڵ‬￦ ‫ںڷ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬
‫ڹڴ‬ϑ‫ڵڴ‬ϑ‫ڼڵڴڶ‬￦ ‫ڵ‬Ζ‫ڴںڶ‬Ζ‫ڴڴڴ‬￦ ‫ڼ‬￦ ‫ڴڵ‬Ζ‫ڴڼڴ‬Ζ‫ڴڴڴ‬￦
‫ڽڴ‬ϑ‫ڵڴ‬ϑ‫ڼڵڴڶ‬￦ ‫ڵ‬Ζ‫ڴڴڹ‬Ζ‫ڴڴڴ‬￦ ‫ڸ‬￦ ‫ں‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
ￚ³¸¥°￦ ‫ڹ‬Ζ‫ڴںڻ‬Ζ‫ڴڴڴ‬￦ ￦ ‫ڶڹ‬Ζ‫ڴڼڴ‬Ζ‫ڴڴڴ‬￦
ￊ­º­¨©￦¦½￦ ￦ ￦ ‫ڶڵ‬￦
￝©­«¬¸©¨￦¥º©¶¥«©￦§¥¶¶½­²«￦¥±³¹²¸￦ ￦ ‫ڸ‬Ζ‫ڴڸڷ‬Ζ‫ڴڴڴ‬￦
￦

￙´©§­ª­§￦¦³¶¶³»­²«·￦Ϯ‫ڶ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦¼￦‫ܫڴڵ‬ϯ￦ ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦
￦

181
‫‪Chapter 19: Property, Plant and Equipment‬‬

‫‪ￍ©²©¶¥°￦¦³¶¶³»­²«·Ό￦‬‬
‫©¸‪￘¥‬‬ ‫‪ￖ¶­²§­´¥°‬‬ ‫¸·©¶©¸‪ￏ²‬‬
‫‪￦‬ܫڹڵ‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڴڴ‪Ζ‬ڸ‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڴں‬
‫‪￦‬ܫڶڵ‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڴڴ‪Ζ‬ں‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڶڻ‬
‫‪ￚ³¸¥°￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڴڴ‪Ζ‬ڴڵ‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڶڷ‪Ζ‬ڵ‬
‫‪￦‬‬

‫‪￦13.20%￦‬ܥ‪ϯ￦‬ڴڴڴ‪Ζ‬ڴڴڴ‪Ζ‬ڴڵ‪￦ϑ￦ￖ‬ڴڴڴ‪Ζ‬ڴڶڷ‪Ζ‬ڵ‪￉¥´­¸¥°­¾¥¸­³²￦￘¥¸©￦Ϯￖ‬‬
‫‪￦‬‬

‫‪￝©­«¬¸©¨￦¥º©¶¥«©￦¦³¶¶³»­²«￦§³·¸Ό￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬

‫·«‪￙´©§­ª­§￦¦³¶¶³»­²‬‬ ‫‪￦‬‬ ‫‪￦‬‬
‫‪￦￦ￇ§¸¹¥°￦¦³¶¶³»­²«￦§³·¸￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڴڶ‬ ‫‪￦‬‬
‫‪￦￦ￒ©··Ό￦ￏ²º©·¸±©²¸￦­²§³±©￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڶ‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڼڵ‬
‫‪ￍ©²©¶¥°￦¦³¶¶³»­²«·Ό￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬
‫‪￝©­«¬¸©¨￦¥º©¶¥«©￦§¥¶¶½­²«￦¥±³¹²¸￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڸڷ‪Ζ‬ڸ‬ ‫‪￦‬‬
‫‪ￒ©··Ό￦ￖ¶­²§­´¥°￦¥±³¹²¸￦³ª￦￙´©§­ª­§￦¦³¶¶³»­²«·￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڴڴ‪Ζ‬ڶ‬ ‫‪￦‬‬
‫‪￝©­«¬¸©¨￦¥º©¶¥«©￦¶©°¥¸©¨￦¸³￦ￍ©²©¶¥°￦¦³¶¶³»­²«·￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڸڷ‪Ζ‬ڶ‬ ‫‪￦‬‬
‫‪ￓ¹°¸­´°½￦¦½Ό￦￉¥´­¸¥°­¾¥¸­³²￦¶¥¸©￦‬‬ ‫‪￦‬ܫڴڶ‪Κ‬ڷڵ‬ ‫‪￦‬‬
‫‪￦‬ڶڵ‪ￓ¹°¸­´°½￦¦½Ό￦ￓ³²¸¬·ϑ‬‬ ‫‪￦‬ڵ‬ ‫‪￦‬ڴڼڼ‪Ζ‬ڼڴڷ‬
‫‪￝©­«¬¸©¨￦¥º©¶¥«©￦¦³¶¶³»­²«￦§³·¸Ό￦‬‬ ‫‪￦‬‬ ‫‪￦‬ڴڼڼ‪Ζ‬ڼڼڸ‬
‫‪ϯ￦‬ڴڴڴ‪Ζ‬ڴڴڶܩڴڴڴ‪Ζ‬ڴڶڷ‪Ζ‬ڵ‪º·Κ￦ￇ§¸¹¥°￦¦³¶¶³»­²«￦§³·¸￦Ϯ‬‬ ‫‪￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڶڹ‪Ζ‬ڵ‬
‫‪￉¥´­¸¥°­¾¥¦°©￦¦³¶¶³»­²«￦§³·¸￦(lower)￦‬‬ ‫ )‪(B‬‬ ‫‪￦‬ڴڼڼ‪Ζ‬ڼڼڸ‬
‫‪￦‬‬

‫ ‪WEIGHTED AVERAGE IN 2018‬‬

‫ ‪Months‬‬
‫ ‪Date‬‬ ‫ ‪Expenditures outstanding‬‬ ‫ ‪Average‬‬
‫ڽڵڴڶ‪ϑ‬ڵڴ‪ϑ‬ڵڴ‬
‫‪ϯ￦‬ڴڼڼ‪Ζ‬ڼڼڸܩڴڴڴ‪Ζ‬ڴںڻ‪Ζ‬ڹ‪Ϯ‬‬ ‫‪￦‬ڴڼڼ‪Ζ‬ڼڸڶ‪Ζ‬ں‪Є‬‬ ‫‪￦‬ڽ‬ ‫‪￦‬ڴڶڽ‪Ζ‬ڽڷڶ‪Ζ‬ںڹ‬
‫‪￦‬ڽڵڴڶ‪ϑ‬ڵڴ‪ϑ‬ڹڴ‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڴڶ‪Ζ‬ڵ‬ ‫‪￦‬ڹ‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڴڴ‪Ζ‬ں‬
‫‪￦‬ڽڵڴڶ‪ϑ‬ڵڴ‪ϑ‬ڼڴ‬ ‫ڴڴڴ‪Ζ‬ڴڴڸ‪Ζ‬ڶ‬ ‫‪￦‬ڶ‬ ‫ڴڴڴ‪Ζ‬ڴڴڼ‪Ζ‬ڸ‬
‫‪ￚ³¸¥°￦‬‬ ‫ڴڼڼ‪Ζ‬ڼڸڼ‪Ζ‬ڽ‬ ‫‪￦‬‬ ‫ڴڶڽ‪Ζ‬ڽڷڴ‪Ζ‬ڻں‬
‫‪ￊ­º­¨©￦¦½￦‬‬ ‫‪￦ ￦‬‬ ‫‪￦‬ڽ‬
‫‪￝©­«¬¸©¨￦¥º©¶¥«©￦§¥¶¶½­²«￦¥±³¹²¸￦‬‬ ‫‪￦‬‬ ‫ڴڼڼ‪Ζ‬ڼڸڸ‪Ζ‬ڻ‬
‫‪￦‬‬

‫‪Κ￦‬ڼڵڴڶ‪￦´°¹·￦§¥´­¸¥°­¾©¨￦¦³¶¶³»­²«￦§³·¸￦­²￦‬ڼڵڴڶ‪Єￚ³¸¥°￦©¼´©²¨­¸¹¶©·￦­²￦‬‬
‫‪￦‬‬
‫‪￝©­«¬¸©¨￦¥º©¶¥«©￦¦³¶¶³»­²«￦§³·¸Ό￦‬‬
‫‪￙´©§­ª­§￦¦³¶¶³»­²«·￦‬‬
‫‪ϯ‬ڶڵ‪ϑ‬ڽ¼‪￦‬ܫڴڵ‪￦¼￦‬ڴڴڴ‪Ζ‬ڴڴڴ‪Ζ‬ڶ‪￦￦ￇ§¸¹¥°￦¦³¶¶³»­²«￦§³·¸ Ϯￖ‬‬ ‫ڴڴڴ‪Ζ‬ڴڹڵ‬
‫‪￦￦ￒ©··Ό￦ￏ²º©·¸±©²¸￦­²§³±©￦‬‬ ‫‪Ο￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڹڵ‬
‫‪ￍ©²©¶¥°￦¦³¶¶³»­²«·Ό￦‬‬
‫‪￝©­«¬¸©¨￦¥º©¶¥«©￦§¥¶¶½­²«￦¥±³¹²¸￦‬‬ ‫ڴڼڼ‪Ζ‬ڼڸڸ‪Ζ‬ڻ‬
‫‪ￒ©··Ό￦ￖ¶­²§­´¥°￦¥±³¹²¸￦³ª￦￙´©§­ª­§￦¦³¶¶³»­²«·￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڴڴ‪Ζ‬ڶ‬
‫‪￝©­«¬¸©¨￦¥º©¶¥«©￦¶©°¥¸©¨￦¸³￦ￍ©²©¶¥°￦¦³¶¶³»­²«·￦‬‬ ‫‪￦‬ڴڼڼ‪Ζ‬ڼڸڸ‪Ζ‬ڹ‬
‫‪ￓ¹°¸­´°½￦¦½Ό￦￉¥´­¸¥°­¾¥¸­³²￦¶¥¸©￦‬‬ ‫‪￦‬ܫڴڶ‪Κ‬ڷڵ‬
‫‪￦‬ڶڵ‪ￓ¹°¸­´°½￦¦½Ό￦ￓ³²¸¬·ϑ‬‬ ‫ڶڵ‪ϑ‬ڽ‬ ‫ڽڷڸ‪Ζ‬ڽڷڹ‬
‫‪￝©­«¬¸©¨￦¥º©¶¥«©￦¦³¶¶³»­²«￦§³·¸Ό￦‬‬ ‫ڽڷڸ‪Ζ‬ڽڼں‬
‫‪ϯ￦‬ڶڵ‪ϑ‬ڼ‪￦¼￦‬ڴڴڴ‪Ζ‬ڴڸں‪Ζ‬ڶ‪º·Κ￦ￇ§¸¹¥°￦¦³¶¶³»­²«￦§³·¸￦Ϯ‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڶڹ‪Ζ‬ڵ‬

‫‪182‬‬
Chapter 19: Property, Plant and Equipment

￉¥´­¸¥°­¾¥¦°©￦¦³¶¶³»­²«￦§³·¸￦(lower)￦ (C) ‫ڽڼں‬Ζ‫ڽڷڸ‬￦

￦

Question No. 3
ￇ§¸¹¥°￦¦³¶¶³»­²«￦§³·¸￦ ￦‫ڼڵڴڶ‬￦ ‫ڵ‬Ζ‫ڴڶڹ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦￉¥´­¸¥°­¾¥¦°©￦¦³¶¶³»­²«￦§³·¸￦ ￦‫ڼڵڴڶ‬￦ ‫ڼڼڸ‬Ζ‫ڴڼڼ‬￦
ￏ²¸©¶©·¸￦©¼´©²·©￦￦ ￦ ￦ (C)￦ ‫ڵ‬Ζ‫ڵڷڴ‬Ζ‫ڴڶڵ‬￦
￦
Question No. 4
ￇ§¸¹¥°￦¦³¶¶³»­²«￦§³·¸￦ ‫ڽڵڴڶ‬ ‫ڵ‬Ζ‫ڴڶڹ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦￉¥´­¸¥°­¾¥¦°©￦¦³¶¶³»­²«￦§³·¸￦ ￦‫ڽڵڴڶ‬￦ ‫ڽڼں‬Ζ‫ڽڷڸ‬￦
ￏ²¸©¶©·¸￦©¼´©²·©￦￦ ￦ ￦ (C)￦ ‫ڴڷڼ‬Ζ‫ڵںڹ‬￦
￦
Question No. 5
ￚ³¸¥°￦§³·¸Ζ￦‫ڼڵڴڶ‬￦ ‫ں‬Ζ‫ڼڸڶ‬Ζ‫ڴڼڼ‬￦
ￋ¼´©²¨­¸¹¶©·￦­²￦‫ڽڵڴڶ‬￦ ‫ڷ‬Ζ‫ڴڴں‬Ζ‫ڴڴڴ‬￦
ￇ¨¨Ό￦￉¥´­¸¥°­¾¥¦°©￦¦³¶¶³»­²«￦§³·¸￦ ‫ڽڵڴڶ‬￦ ‫ڽڼں‬Ζ‫ڽڷڸ‬
ￚ³¸¥°￦§³·¸￦³ª￦¸¬©￦¦¹­°¨­²«￦￦ ￦ (B)￦ ‫ڴڵ‬Ζ‫ڼڷڹ‬Ζ‫ڽڵڷ‬￦
￦

SUMMARY OF ANSWERS:
1. B 2. C 3. C 4. C 5. B
￦
￦
PROBLEM 19-40 Grants Related to Depreciable Assets￦
￦

Question No. 1
ￚ¬©￦§³±´¹¸¥¸­³²￦³ª￦¸¬©￦­²§³±©￦ª¶³±￦«³º©¶²±©²¸￦«¶¥²¸￦­·￦¥·￦ª³°°³»·Ό￦
ￚ³¸¥°￦§¥·¬￦¶©§©­º©¨￦ ‫ڹڶ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
ￊ­º­¨©￦¦½Ό￦ￛ·©ª¹°￦°­ª©￦³ª￦¸¬©￦¦¹­°¨­²«￦ ‫ڴڶ‬￦
ￏ²§³±©￦ª¶³±￦«³º©¶²±©²¸￦«¶¥²¸￦ ￦ (D)￦ ‫ڵ‬Ζ‫ڴڹڶ‬Ζ‫ڴڴڴ‬￦
￦
Question No. 2
￉³·¸￦³ª￦¦¹­°¨­²« ‫ڴڷ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
ￊ­º­¨©￦¦½Ό￦ￛ·©ª¹°￦°­ª©￦³ª￦¸¬©￦¦¹­°¨­²«￦ ‫ڴڶ‬￦
ￊ©´¶©§­¥¸­³²￦ ￦ ￦ ￦ (C)￦ ‫ڵ‬Ζ‫ڴڴڹ‬Ζ‫ڴڴڴ‬￦
￦
Question No. 3
￉³·¸￦³ª￦¦¹­°¨­²« ‫ڴڷ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦ￍ³º©¶²±©²¸￦«¶¥²¸￦ ‫ڹڶ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
ￚ³¸¥°￦ ‫ڹ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
ￊ­º­¨©￦¦½Ό￦ￛ·©ª¹°￦°­ª©￦³ª￦¸¬©￦¦¹­°¨­²«￦ ‫ڴڶ‬￦
ￊ©´¶©§­¥¸­³²￦ ￦ ￦ ￦ (B)￦ ‫ڴڹڶ‬Ζ‫ڴڴڴ‬￦

Question No. 4
￉³·¸￦³ª￦¦¹­°¨­²«￦ ‫ڴڷ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦ￊ©´¶©§­¥¸­³²￦ ￦‫ڼڵڴڶ‬￦ ‫ڵ‬Ζ‫ڴڴڹ‬Ζ‫ڴڴڴ‬￦
￉¥¶¶½­²«￦¥±³¹²¸￦ ￦‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ڼڵڴڶ‬￦ ￦ (D)￦ ‫ڼڶ‬Ζ‫ڴڴڹ‬Ζ‫ڴڴڴ‬￦

183
Chapter 19: Property, Plant and Equipment

Question No. 5
ￔ©¸￦§³·¸￦³ª￦¦¹­°¨­²«￦ ‫ڹ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬
ￒ©··Ό￦ￊ©´¶©§­¥¸­³²￦ ￦‫ڼڵڴڶ‬￦ ‫ڴڹڶ‬Ζ‫ڴڴڴ‬￦
￉¥¶¶½­²«￦¥±³¹²¸￦ ￦‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ڼڵڴڶ‬￦ ￦ (C)￦ ‫ڸ‬Ζ‫ڴڹڻ‬Ζ‫ڴڴڴ‬￦
￦
SUMMARY OF ANSWERS:
1. D 2. C 3. B 4. D 5. C
￦
￦
PROBLEM 19-41 Grants Related to Nondepreciable Assets￦
￦

Question No. 1
ￚ¬©￦§³±´¹¸¥¸­³²￦³ª￦¸¬©￦­²§³±©￦ª¶³±￦«³º©¶²±©²¸￦«¶¥²¸￦­·￦¥·￦ª³°°³»·Ό￦
ￚ³¸¥°￦ª¥­¶￦º¥°¹©￦³ª￦¸¬©￦°¥²¨￦ ‫ڹ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
ￊ­º­¨©￦¦½￦¹·©ª¹°￦°­ª©￦³ª￦¸¬©￦¦¹­°¨­²« ‫ڴڵ‬￦
ￏ²§³±©￦ª¶³±￦«³º©¶²±©²¸￦«¶¥²¸￦ ￦ (B)￦ ‫ڴڴڹ‬Ζ‫ڴڴڴ‬￦
￦
Question No. 2
￉³·¸￦³ª￦ª¥§¸³¶½￦¦¹­°¨­²«￦ ‫ڴڶ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
ￊ­º­¨©￦¦½Ό￦ￛ·©ª¹°￦°­ª©￦³ª￦¸¬©￦¦¹­°¨­²« ‫ڴڵ‬￦
ￊ©´¶©§­¥¸­³² ￦ ￦ (C) ‫ڶ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
￦
Question No. 3
￉³·¸￦³ª￦ª¥§¸³¶½￦¦¹­°¨­²«￦ ‫ڴڶ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦ￍ³º©¶²±©²¸￦«¶¥²¸￦ ‫ڹ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
ￚ³¸¥°￦ ‫ڹڵ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
ￊ­º­¨©￦¦½Ό￦ￛ·©ª¹°￦°­ª©￦³ª￦¸¬©￦¦¹­°¨­²«￦ ‫ڴڵ‬￦
ￊ©´¶©§­¥¸­³²￦ ￦ ￦ ￦ (D)￦ ‫ڵ‬Ζ‫ڴڴڹ‬Ζ‫ڴڴڴ‬￦

Question No. 4
￉³·¸￦³ª￦ª¥§¸³¶½￦¦¹­°¨­²«￦ ‫ڴڶ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦ￊ©´¶©§­¥¸­³²￦ ￦‫ڼڵڴڶ‬￦ ‫ڶ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
￉¥¶¶½­²«￦¥±³¹²¸￦ ￦‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ڼڵڴڶ‬￦ ￦ (A)￦ ‫ڼڵ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
￦
Question No. 5
ￔ©¸￦§³·¸￦³ª￦ª¥§¸³¶½￦¦¹­°¨­²«￦ ‫ڹڵ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦ￊ©´¶©§­¥¸­³²￦ ￦‫ڼڵڴڶ‬￦ ‫ڵ‬Ζ‫ڴڴڹ‬Ζ‫ڴڴڴ‬￦
￉¥¶¶½­²«￦¥±³¹²¸￦ ￦‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ڼڵڴڶ‬￦ (B) ‫ڷڵ‬Ζ‫ڴڴڹ‬Ζ‫ڴڴڴ‬￦
￦
SUMMARY OF ANSWERS:
1. B 2. C 3. D 4. A 5. B
￦
￦

184
‫‪Chapter 19: Property, Plant and Equipment‬‬

‫‪PROBLEM 19-42￦‬‬
‫‪￦‬‬

‫ ‪Question No. 1‬‬

‫‪￉³·¸￦³ª￦°¥²¨￦¥²¨￦³°¨￦¦¹­°¨­²«￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڴڶ‪Ζ‬ڵ‪ￖ‬‬
‫‪·￦§³±±­··­³²￦‬ك¶©¯‪￘©¥°￦©·¸¥¸©￦¦¶³‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڶڻ‬
‫‪ￒ©«¥°￦ª©©·￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڶڵ‬
‫‪ￚ­¸°©￦­²·¹¶¥²§©￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ںڷ‬
‫‪￉³·¸￦³ª￦°¥²¨￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪(C)￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڶڷ‪Ζ‬ڵ‪ￖ‬‬
‫ ‬
‫ ‪Question No. 2‬‬
‫‪Months‬‬
‫ ‪Date‬‬ ‫ ‪Expenditures‬‬ ‫ ‪outstanding‬‬ ‫ ‪Average‬‬
‫‪￦‬ڻڵڴڶ‪Ζ￦‬ڵ‪￐¥²¹¥¶½￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڴڴ‪Ζ‬ڵ‬ ‫‪￦‬ڶڵ‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڴڴ‪Ζ‬ڶڵ‬
‫‪￦‬ڻڵڴڶ‪Ζ￦‬ڵ‪ￇ´¶­°￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڴڹ‬ ‫‪￦‬ڽ‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڴڹ‪Ζ‬ڸ‬
‫ڻڵڴڶ‪Ζ￦‬ڵ‪ￕ§¸³¦©¶￦‬‬ ‫ڴڴڴ‪Ζ‬ڴڴڼ‬ ‫‪￦‬ڷ‬ ‫ڴڴڴ‪Ζ‬ڴڴڸ‪Ζ‬ڶ‬
‫‪￦‬ڻڵڴڶ‪Ζ￦‬ڵڷ‪ￊ©§©±¦©¶￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڴڽ‬ ‫‪￦‬ڴ‬ ‫‪Ο￦‬‬
‫‪ￚ³¸¥°￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڴڶ‪Ζ‬ڷ‬ ‫‪￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڴڽ‪Ζ‬ڼڵ‬
‫‪ￊ­º­¨©￦¦½￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬ڶڵ‬
‫‪￝©­«¬¸©¨￦¥º©¶¥«©￦§¥¶¶½­²«￦¥±³¹²¸￦‬‬ ‫‪￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڹڻڹ‪Ζ‬ڵ‬
‫‪￦‬‬

‫‪￦10.50%￦‬ܥ‪ϯ￦‬ڴڴڴ‪Ζ‬ڴڴڴ‪Ζ‬ڼ‪￦ϑ￦ￖ‬ڴڴڴ‪Ζ‬ڴڸڼ‪￉¥´­¸¥°­¾¥¸­³²￦￘¥¸©￦Ϯￖ‬‬
‫‪￦‬‬

‫‪￝©­«¬¸©¨￦¥º©¶¥«©￦¦³¶¶³»­²«￦§³·¸Ό￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬

‫‪￙´©§­ª­§￦¦³¶¶³»­²«·￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬
‫‪ϯ￦‬ڶڵ‪ϑ‬ڶڵ‪￦¼￦‬ܫڶڵ‪ￓ￦¼￦‬ڵ‪￦￦ￇ§¸¹¥°￦¦³¶¶³»­²«￦§³·¸￦Ϯￖ‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڶڵ‬ ‫‪￦‬‬
‫‪￦￦ￒ©··Ό￦ￏ²º©·¸±©²¸￦­²§³±©￦‬‬ ‫‪Ο￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڶڵ‬
‫‪ￍ©²©¶¥°￦¦³¶¶³»­²«·Ό￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬
‫‪￝©­«¬¸©¨￦¥º©¶¥«©￦§¥¶¶½­²«￦¥±³¹²¸￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڹڻڹ‪Ζ‬ڵ‬ ‫‪￦‬‬
‫‪ￒ©··Ό￦ￖ¶­²§­´¥°￦¥±³¹²¸￦³ª￦￙´©§­ª­§￦¦³¶¶³»­²«·￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڴڴ‪Ζ‬ڵ‬ ‫‪￦‬‬
‫‪￝©­«¬¸©¨￦¥º©¶¥«©￦¶©°¥¸©¨￦¸³￦ￍ©²©¶¥°￦¦³¶¶³»­²«·￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڹڻڹ‬ ‫‪￦‬‬
‫‪ￓ¹°¸­´°½￦¦½Ό ￉¥´­¸¥°­¾¥¸­³²￦¶¥¸©￦‬‬ ‫‪￦‬ܫܫڴڹ‪Κ‬ڴڵ‬ ‫‪￦‬‬
‫‪￦‬ڶڵ‪ￓ¹°¸­´°½￦¦½Ό￦ￓ³²¸¬·ϑ‬‬ ‫‪￦‬ڶڵ‪ϑ‬ڶڵ‬ ‫‪￦‬ڹڻڷ‪Ζ‬ڴں‬
‫‪￝©­«¬¸©¨￦¥º©¶¥«©￦¦³¶¶³»­²«￦§³·¸Ό￦‬‬ ‫‪￦‬‬ ‫‪￦‬ڹڻڷ‪Ζ‬ڴڼڵ‬
‫‪ϯ￦‬ڴڴڴ‪Ζ‬ڴڸڼ‪￦ￖ‬ܩ‪￦‬ڴڴڴ‪Ζ‬ڴڶڵ‪º·Κ￦ￇ§¸¹¥°￦¦³¶¶³»­²«￦§³·¸￦Ϯￖ‬‬ ‫‪￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴںڽ‬
‫‪￉¥´­¸¥°­¾¥¦°©￦¦³¶¶³»­²«￦§³·¸￦(lower)￦‬‬ ‫ )‪(A‬‬ ‫‪￦‬ڹڻڷ‪Ζ‬ڴڼڵ‬
‫ ‬
‫ ‪Question No. 3‬‬
‫‪Months‬‬
‫ ‪Date‬‬ ‫ ‪Expenditures outstanding‬‬ ‫ ‪Average‬‬
‫‪￦‬ڼڵڴڶ‪Ζ￦‬ڵ‪￐¥²¹¥¶½￦‬‬ ‫‪￦‬ڹڻڷ‪Ζ‬ڴڼڷ‪Ζ‬ڸ‪Є‬‬ ‫‪￦‬ڼ‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڷڸڴ‪Ζ‬ڹڷ‬
‫‪￦‬ڼڵڴڶ‪Ζ￦‬ڵ‪ￓ¥½￦‬‬ ‫ڴڴڴ‪Ζ‬ڴڴں‬ ‫‪￦‬ڸ‬ ‫ڴڴڴ‪Ζ‬ڴڴڸ‪Ζ‬ڶ‬
‫‪￦‬ڼڵڴڶ‪Ζ￦‬ڵ‪￙©´¸©±¦©¶￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڴڶ‪Ζ‬ڵ‬ ‫‪Ο￦‬‬ ‫‪Ο￦‬‬
‫‪ￚ³¸¥°￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڴڶ‪Ζ‬ڷ‬ ‫‪￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڷڸڸ‪Ζ‬ڻڷ‬
‫‪ￊ­º­¨©￦¦½￦‬‬ ‫‪￦‬‬ ‫ڼ‬
‫‪￝©­«¬¸©¨￦¥º©¶¥«©￦§¥¶¶½­²«￦¥±³¹²¸￦‬‬ ‫‪￦‬‬ ‫‪￦‬ڹڻڷ‪Ζ‬ڴڼں‪Ζ‬ڸ‬
‫‪￦‬‬

‫‪ϯ￦‬ڴڴڴ‪Ζ‬ڴڴڴ‪Ζ‬ڵܩڹڻڷ‪Ζ‬ڴڼڵܩڴڴڴ‪Ζ‬ڴڴڶ‪Ζ‬ڷ‪ЄϮ‬‬
‫‪￦‬‬

‫‪185‬‬
‫‪Chapter 19: Property, Plant and Equipment‬‬

‫‪￝©­«¬¸©¨￦¥º©¶¥«©￦¦³¶¶³»­²«￦§³·¸Ό￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬

‫·«‪￙´©§­ª­§￦¦³¶¶³»­²‬‬ ‫‪￦‬‬ ‫‪￦‬‬
‫‪ϯ￦‬ڶڵ‪ϑ‬ڼ‪￦¼￦‬ܫڶڵ‪￦¼￦‬ڴڴڴ‪Ζ‬ڴڴڴ‪Ζ‬ڵ‪￦￦ￇ§¸¹¥°￦¦³¶¶³»­²«￦§³·¸￦Ϯￖ‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڼ‬ ‫‪￦‬‬
‫‪￦￦ￒ©··Ό￦ￏ²º©·¸±©²¸￦­²§³±©￦‬‬ ‫‪Ο￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڼ‬
‫‪ￍ©²©¶¥°￦¦³¶¶³»­²«·Ό￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬
‫‪￝©­«¬¸©¨￦¥º©¶¥«©￦§¥¶¶½­²«￦¥±³¹²¸￦‬‬ ‫‪￦‬ڹڻڷ‪Ζ‬ڴڼں‪Ζ‬ڸ‬ ‫‪￦‬‬
‫‪ￒ©··Ό￦ￖ¶­²§­´¥°￦¥±³¹²¸￦³ª￦￙´©§­ª­§￦¦³¶¶³»­²«·￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڴڴ‪Ζ‬ڵ‬ ‫‪￦‬‬
‫‪￝©­«¬¸©¨￦¥º©¶¥«©￦¶©°¥¸©¨￦¸³￦ￍ©²©¶¥°￦¦³¶¶³»­²«·￦‬‬ ‫‪￦‬ڹڻڷ‪Ζ‬ڴڼں‪Ζ‬ڷ‬ ‫‪￦‬‬
‫‪ￓ¹°¸­´°½￦¦½Ό￦￉¥´­¸¥°­¾¥¸­³²￦¶¥¸©￦‬‬ ‫‪￦‬ܫܫڴڹ‪Κ‬ڴڵ‬ ‫‪￦‬‬
‫‪￦‬ڶڵ‪ￓ¹°¸­´°½￦¦½Ό￦ￓ³²¸¬·ϑ‬‬ ‫‪￦‬ڶڵ‪ϑ‬ڼ‬ ‫‪￦‬ںڶں‪Ζ‬ڻڹڶ‬
‫‪￝©­«¬¸©¨￦¥º©¶¥«©￦¦³¶¶³»­²«￦§³·¸Ό￦‬‬ ‫‪￦‬‬ ‫‪￦‬ںڶں‪Ζ‬ڻڷڷ‬
‫‪ϯ￦‬ڶڵ‪￦ϑ￦‬ڼ‪￦¼￦‬ڴڴڴ‪Ζ‬ڴںڽ‪º·Κ￦ￇ§¸¹¥°￦¦³¶¶³»­²«￦§³·¸￦Ϯￖ‬‬ ‫‪￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڸں‬
‫‪￉¥´­¸¥°­¾¥¦°©￦¦³¶¶³»­²«￦§³·¸￦(lower)￦‬‬ ‫ )‪(A‬‬ ‫‪￦‬ںڶں‪Ζ‬ڻڷڷ‬
‫ ‬
‫ ‪Question No. 4‬‬
‫‪ￌ­¼©¨￦§³²·¸¶¹§¸­³²￦§³²¸¶¥§¸￦´¶­§©￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڴڴ‪Ζ‬ں‪ￖ‬‬
‫‪ￖ°¥²·Ζ￦·´©§­ª­§¥¸­³²·Ζ￦¥²¨￦¦°¹©´¶­²¸·￦‬‬ ‫ڴڴڴ‪Ζ‬ڶڸ‬
‫‪￦ª©©·￦‬ك·¸§©¸­¬§¶‪ￇ‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڸںڵ‬
‫‪￘©±³º¥°￦³ª￦³°¨￦¦¹­°¨­²«￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڼڴڵ‬
‫ڻڵڴڶ‪ￏ²¸©¶©·¸￦§¥´­¸¥°­¾©¨￦¨¹¶­²«￦‬‬ ‫ڹڻڷ‪Ζ‬ڴڼڵ‬
‫‪￦‬ڼڵڴڶ‪ￏ²¸©¶©·¸￦§¥´­¸¥°­¾©¨￦¨¹¶­²«￦‬‬ ‫‪￦‬ںڶں‪Ζ‬ڻڷڷ‬
‫‪￉³·¸￦³ª￦¦¹­°¨­²«￦ ￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪(C)￦‬‬ ‫‪￦‬ڵڴڴ‪Ζ‬ڶڷڼ‪Ζ‬ں‪ￖ‬‬
‫ ‬
‫ ‪Question No. 5‬‬
‫‪Ό￦‬ڼڵڴڶ‪ￏ²¸©¶©·¸￦§³·¸￦­²￦‬‬ ‫‪￦‬‬
‫‪￦ ￙´©§­ª­§￦¦³¶¶³»­²«￦￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڶڵ‪ￖ￦￦￦￦￦‬‬
‫‪￦￦ￍ©²©¶¥°￦¦³¶¶³»­²«￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڸڼ‬
‫‪ￚ³¸¥°￦­²¸©¶©·¸￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴںڽ‪ￖ￦￦￦￦￦‬‬
‫ڼڵڴڶ‪ￒ©··Ό￦￉¥´­¸¥°­¾¥¦°©￦¦³¶¶³»­²«￦§³·¸￦­²￦‬‬ ‫‪￦‬ڹڶ‪Κ‬ںڶں‪Ζ‬ڻڷڷ‬
‫‪￦￦‬ڼڵڴڶ‪ￏ²¸©¶©·¸￦©¼´©²·©￦­²￦‬‬ ‫)‪(C‬‬ ‫‪￦‬ڹڻ‪Κ‬ڷڻڷ‪Ζ‬ڶڶں‪ￖ‬‬
‫ ‬
‫ ‪Question No. 6‬‬
‫‪￦3.75%￦‬ܥ‪￦½©¥¶·ϯ￦‬ڴڸ‪ϑ‬ܫڴڹڵ‪ￊ©´¶©§­¥¸­³²￦¶¥¸©￦Ϯ‬‬ ‫‪￦‬‬
‫‪￦‬‬

‫‪￦‬ڴڴڹ‪Ζ‬ڸڼ‪￦￦(B) ￦ ￖ￦￦￦￦￦￦￦￦‬ܥ‪ϯ￦‬ڶڵ‪ϑ‬ڸ‪￦¼￦‬ܫڹڻ‪Κ‬ڷ‪￦¼￦‬ڹڶ‪Κ‬ڵڴڴ‪Ζ‬ڶڷڼ‪Ζ‬ں‪ￚ³¸¥°￦¨©´¶©§­¥¸­³²￦©¼´©²·©￦Ϯ‬‬
‫‪￦‬‬
‫ ‪SUMMARY OF ANSWERS:‬‬ ‫ ‬ ‫ ‬
‫ ‪1. C‬‬ ‫ ‪2. A‬‬ ‫ ‪3. A‬‬ ‫ ‪4. C‬‬ ‫ ‪5.‬‬ ‫ ‪C‬‬ ‫ ‪6.‬‬ ‫ ‪B‬‬ ‫ ‬ ‫ ‬
‫‪￦‬‬
‫‪￦‬‬
‫ ‪PROBLEM 19-43‬‬
‫ ‬

‫ ‪Question No. 1‬‬

‫‪ϯ￦‬ڴڴڴ‪Ζ‬ڹ‪Ο‬ڴڴڴ‪Ζ‬ڹڸܩڴڴڴ‪Ζ‬ڴڴڼ‪￉³·¸￦Ϯ‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڸڼ‬
‫‪ￒ©··￦￘©·­¨¹¥°￦ￜ¥°¹©￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڸ‬
‫‪ￊ©´¶©§­¥¦°©￦§³·¸￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڴڼ‬
‫‪ￊ­º­¨©￦¦½￦‬‬ ‫‪￦‬ڹ‬
‫‪186‬‬
‫‪Chapter 19: Property, Plant and Equipment‬‬

‫‪ￊ©´¶©§­¥¸­³²￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫ ‬ ‫‪(B)￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴںڵ‬

‫‪￦‬‬
‫ ‪Question No. 2‬‬
‫‪ϯ￦‬ڴڴڴ‪Ζ‬ڹ‪Ο‬ڴڴڴ‪Ζ‬ڹڸܩڴڴڴ‪Ζ‬ڴڴڼ‪￉³·¸￦Ϯ‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڸڼ‬
‫‪ϯ￦‬ڷ‪￦¼￦‬ڴڴڴ‪Ζ‬ڴںڵ‪ￒ©··￦ￇ§§¹±¹°¥¸©¨￦ￊ©´¶©§­¥¸­³²￦Ϯ‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڶڷ‬
‫‪￉¥¶¶½­²«￦¥±³¹²¸￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڶڹ‬
‫‪ￒ©··￦²©»￦¶©·­¨¹¥°￦º¥°¹©￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڻ‬
‫‪ￊ©´¶©§­¥¦°©￦§³·¸￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڹڸ‬
‫‪ϯ‬ڶ‪Ο‬ڹ‪ￊ­º­¨©￦¦½￦¶©±¥­²­²«￦¹·©ª¹°￦°­ª©￦Ϯ‬‬ ‫‪￦‬ڷ‬
‫ ‪ￊ©´¶©§­¥¸­³²￦‬‬ ‫ ‬ ‫ ‬ ‫‪(A)￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڹڵ‬
‫ ‬
‫ ‪Question No. 3‬‬
‫‪￉³·¸￦￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڻڶ‬
‫‪ϯ￦‬ڶڵ‪ϑ‬ڼ‪￦¼￦‬ڸ‪ϑ‬ڴڴڴ‪Ζ‬ڴڻڶ‪ￒ©··￦ￇ§§¹±¹°¥¸©¨￦¨©´¶©§­¥¸­³²￦Ϯ‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڹڸ‬
‫‪ￚ³¸¥°￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڹڶڶ‬
‫‪ϯ￦‬ڶڵ‪ϑ‬ڼ‪￦¼￦‬ڸ‪ϑ‬ڴڴڴ‪Ζ‬ڶڵ‪ΟϮ‬ڴڴڴ‪Ζ‬ڶڵ‪￉¥¶¶½­²«￦¥±³¹²¸￦³ª￦³°¨￦¸­¶©·￦Ϯ‬‬ ‫‪ϯ￦‬ڴڴڴ‪Ζ‬ڴڵ‪Ϯ‬‬
‫‪￉³·¸￦³ª￦²©»￦¸­¶©·￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڸڶ‬
‫‪ￚ³¸¥°￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڽڷڶ‬
‫ ‬
‫ ‪Depreciation‬‬
‫‪ￓ³¸³¶￦º©¬­§°©Ό￦‬‬ ‫‪￦‬‬
‫‪ϯ￦‬ڶڵ‪ϑ‬ڼ‪￦¼￦‬ڸ‪ϑ‬ڴڴڴ‪Ζ‬ڴڻڶ‪￦Ϯ‬ڽڵڴڶ‪Ζ￦‬ڴڷ‪Οￓ¥½￦‬ڵ‪￙©´¸Κ￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڹڸ‬
‫‪￦±³·ϯ￦‬ڸ‪￦±³·￦¼￦‬ڼ‪￦±³·Ο‬ڶڵ‪￦¼￦‬ڸ‪ϑ‬ڴڴڴ‪Ζ‬ڹڵڶ‪￦Ϯ‬ڴڷ‪Ο￙©´¸Κ￦‬ڵ‪￐¹²©￦‬‬ ‫‪￦‬ڴڴڹ‪Ζ‬ڵڶ‬
‫‪￦±³·ϯ￦‬ڸ‪￦±³·￦¼￦‬ڸڶ‪ϑ‬ڴڴڴ‪Ζ‬ڸڶ‪￦Ϯ‬ڴڷ‪Ο￦￙©´¸￦‬ڵ‪ￚ½¶©·￦ª¶³±￦￐¹²©￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڸ‬
‫‪ￊ©´¶©§­¥¸­³²￦©¼´©²·©￦ ￦‬‬ ‫‪￦‬‬ ‫‪(D)￦‬‬ ‫‪￦‬ڴڴڹ‪Ζ‬ڴڻ‬
‫ ‬
‫ ‪Question No. 4‬‬
‫‪￦‬‬ ‫ ‪Depreciable Divide Depreciation‬‬
‫ ‪cost‬‬ ‫ ‪by‬‬ ‫ ‪exp‬‬
‫ ‪Residual‬‬ ‫ ‪Useful‬‬
‫‪Cost￦‬‬ ‫‪Value￦‬‬ ‫‪life￦‬‬
‫‪ￇ­¶ª¶¥±©￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڴڼ‬ ‫‪￦‬ڴڵ‬ ‫‪￦‬ڴڴڴ‪Κ‬ڴڼ‬
‫‪￦‬ڴڴڴ‪Ζ‬ڴڴڼ‬ ‫‪￦‬ڴ‬ ‫‪½©¥¶·￦‬‬
‫¶‪ￏ²¸©¶­³‬‬ ‫ڴڴڴ‪Ζ‬ڴڴڵ‬ ‫‪￦‬ڴڵ‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڵ‬
‫‪￦‬ڴڴڴ‪Ζ‬ڴڴڵ‬ ‫‪￦‬ڴ‬ ‫‪½©¥¶·￦‬‬
‫‪ￋ²«­²©·￦ ¥²¨￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڻڷ‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڸڻ‬
‫‪¶³¸¥¶½￦¦°¥¨©·￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڴڸ‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڷ‬ ‫‪￦½©¥¶·￦‬ڹ‬
‫‪ￏ²·´©§¸­³²￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڸڶ‬ ‫‪￦‬ڴ‬ ‫·¶‪￦½©¥‬ڷ ڴڴڴ‪Ζ‬ڴڸڶ‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڼ‬
‫‪ￚ³¸¥°‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڸڸڶ‬
‫ ‬
‫ ‪Question No. 5‬‬
‫‪￉³·¸￦￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڼڶ‬
‫‪ￒ©··￦￘©·­¨¹¥°￦ￜ¥°¹©￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڸ‬
‫‪ￊ©´¶©§­¥¦°©￦§³·¸￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڸڶ‬
‫‪ￊ­º­¨©￦¦½￦‬‬ ‫‪￦‬ڷ‬

‫‪187‬‬
Chapter 19: Property, Plant and Equipment

ￓ¹°¸­´°½￦¦½￦ ‫ڼ‬ϑ‫ڶڵ‬￦
ￊ©´¶©§­¥¸­³²￦ ￦ ￦ ￦ (B)￦ ‫ڷڹ‬Ζ‫ڷڷڷ‬￦
￦
SUMMARY OF ANSWERS:
1. B 2. A 3. D 4. D 5. B


PROBLEM 19-44

Question No. 1
￙©°°­²« ￖ¶­§©￦ ￦ ￖ￦￦‫ڶڹ‬Ζ‫ڴڴڴ‬￦￦
ￒ©··￦￈³³¯￦º¥°¹©￦ ￦ ￦ ￦
￉³·¸￦ ￦ ￖ‫ڴڸڵ‬Ζ‫ڴڴڴ‬￦ ￦
ￒ©··Ό￦ￇ§§¹±¹°¥¸©¨￦ￊ©´¶©§­¥¸­³²￦ ￦ ￦ ￦
￦￦ￛ´￦¸³￦‫ڵ‬ϑ‫ڵ‬ ￖ￦￦‫ڶڽ‬Ζ‫ڴڴڼ‬￦￦ ￦
￦￦ￌ¶³±￦￐¥²Κ￦‫ڵ‬Οￓ¥½￦‫ڵ‬￦ ￦ ￦ ￦
￦￦σϮ‫ڴڸڵ‬Ζ‫ڴڴڴ‬￦Ο‫ڶڵ‬Ζ‫ڴڴڸ‬ϯ￦¼￦‫ڹ‬ϑ‫ڹڹ‬σЄ￦ ￦￦￦￦‫ڵڵ‬Ζ‫ڴڴں‬￦￦ ￦Ϯ‫ڸڴڵ‬Ζ‫ڴڴڸ‬ϯ￦ ￦￦￦￦‫ڹڷ‬Ζ‫ڴڴں‬￦￦
ￍ¥­²￦³²￦·¥°©￦³ª￦±¥§¬­²©¶½￦ￊ (A) ￖ￦￦‫ںڵ‬Ζ‫ڴڴڸ‬￦￦
￦

ￔ³¸©Ό￦ￔ³￦¨©´¶©§­¥¸­³²￦­·￦¶©§³¶¨©¨￦­²￦¸¬©￦½©¥¶￦¥²￦¥··©¸￦­·￦´¹¶§¬¥·©¨Ζ￦¥²¨￦ª¹°°￦½©¥¶￦
¨©´¶©§­¥¸­³²￦­·￦´¶³º­¨©¨￦­²￦¸¬©￦½©¥¶￦¥²￦¥··©¸￦­·￦¨­·´³·©¨￦³ª￦
￦
Question No. 2
ￇ§§¹±¹°¥¸©¨￦¨©´¶©§­¥¸­³²Ζ￦￘￦￐¥²￦‫ڵ‬￦ ￖ￦‫ڴڸڵ‬Ζ‫ڴڴڼ‬￦
ￇ¨¨Ό￦ￊ©´¶©§­¥¸­³²￦©¼´©²·© σϮ‫ڸڴڶ‬Ζ‫ڴڴڴ‬Ο‫ڶڵ‬Ζ‫ڴڴڴ‬ϯϑ‫ڹڵ‬Ζ‫ڴڴڴ‬￦¼￦‫ڶ‬Ζ‫ڴڴڵ‬σ￦ ￦￦￦￦￦￦‫ںڶ‬Ζ‫ڴڼڼ‬￦
ￇ§§¹±¹°¥¸©¨￦¨©´¶©§­¥¸­³²Ζ￦￘￦ￊ©§Κ￦‫ڵڷ‬￦ (B)￦ ￖ￦‫ڻںڵ‬Ζ‫ڴڼں‬￦
￦
Question No. 3
ￇ§§¹±¹°¥¸©¨￦¨©´¶©§­¥¸­³²Ζ￦ￏ￦￐¥²￦‫ڵ‬￦ ￖ￦‫ڴں‬Ζ‫ڴڴڴ‬￦
ￇ¨¨Ό￦ￊ©´¶©§­¥¸­³²￦©¼´©²·©￦σϮ‫ڴڶڷ‬Ζ‫ڴڴڴ‬Ο‫ڴں‬Ζ‫ڴڴڴ‬Ο‫ڴڶ‬Ζ‫ڴڴڴ‬ϯϑ‫ڴڵ‬σ￦ ￦￦￦‫ڸڶ‬Ζ‫ڴڴڴ‬￦
ￇ§§¹±¹°¥¸©¨￦¨©´¶©§­¥¸­³²Ζ￦ￏ￦ￊ©§Κ￦‫ڵڷ‬￦ (C)￦ ￖ￦‫ڸڼ‬Ζ‫ڴڴڴ‬￦
￦
Question No. 4
ￇ§§¹±¹°¥¸©¨￦¨©´¶©§­¥¸­³²Ζ￦ￇ￦￐¥²￦‫ڵ‬￦ ￖ￦￦￦￦‫ڸں‬Ζ‫ڴڴڴ‬￦
ￇ¨¨Ό￦ￊ©´¶©§­¥¸­³²￦©¼´©²·©￦Ϯ‫ڴڶڷ‬Ζ‫ڴڴڴ‬Ο‫ڸں‬Ζ‫ڴڴڴ‬ϯ￦¼￦‫ܫڴڶ‬ ￦￦￦￦￦‫ڵڹ‬Ζ‫ڴڴڶ‬￦
ￇ§§¹±¹°¥¸©¨￦¨©´¶©§­¥¸­³²Ζ￦ￇ￦ￊ©§Κ￦‫ڵڷ‬￦ (A)￦ ￖ￦‫ڹڵڵ‬Ζ‫ڴڴڶ‬￦
￦
Question No. 5
ￊ©´¶©§­¥¸­³²￦©¼´©²·©￦³²￦ￓ¥§¬­²©¶½Ό￦ ￦
ￊ￦Ϯ·©©￦§³±´¹¸¥¸­³²￦­²￦²³Κ￦‫ڵ‬ϯ￦ ￖ￦￦￦￦‫ڵڵ‬Ζ‫ڴڴں‬￦
￘￦Ϯ·©©￦§³±´¹¸¥¸­³²￦­²￦²³Κ￦‫ڶ‬ϯ￦ ‫ںڶ‬Ζ‫ڴڼڼ‬￦
ￏ￦Ϯ·©©￦§³±´¹¸¥¸­³²￦­²￦²³Κ￦‫ڷ‬ϯ￦ ‫ڸڶ‬Ζ‫ڴڴڴ‬￦
ￇ￦Ϯ·©©￦§³±´¹¸¥¸­³²￦­²￦²³Κ￦‫ڸ‬ϯ￦ ‫ڵڹ‬Ζ‫ڴڴڶ‬￦
ￔ￦Ϯ‫ڼڼ‬Ζ‫ڴڴڴ‬ϑ‫ܫڴڶ‬ϯ￦ ￦￦￦￦￦￦‫ڻڵ‬Ζ‫ڴڴں‬￦
ￚ³¸¥°￦¨©´¶©§­¥¸­³²￦©¼´©²·© (D)￦ ￖ￦￦‫ڵڷڵ‬Ζ‫ڴڼڶ‬￦

SUMMARY OF ANSWERS:
1. A 2. B 3. C 4. A 5. D
188
‫‪Chapter 19: Property, Plant and Equipment‬‬

‫ ‪PROBLEM 19-45 Component Depreciation‬‬

‫ ‬

‫ ‪Question No. 1‬‬

‫‪ￖ¹¶§¬¥·©￦³ª￦¦³¸¸°­²«￦´°¥²¸￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڴڹ‪Ζ‬ڵ‪ￖ‬‬
‫‪ϯ￦‬ڷ‪ϑ‬ڵ‪￦¼￦‬ڴڴڴ‪Ζ‬ڴڹڻ‪ￊ©°­º©¶½￦¥²¨￦­²·¸¥°°¥¸­³²￦Ϯ‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڹڶ‬
‫‪ϯ￦‬ڷ‪ϑ‬ڴڴڴ‪Ζ‬ڷڷ‪ￚ©·¸­²«￦Ϯ‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڵڵ‪￦￦￦￦￦￦￦￦‬‬
‫‪ￚ³¸¥°￦§³·¸￦³ª￦©²«­²©￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪(C)￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڵںڻ‪Ζ‬ڵ‪ￖ‬‬
‫ ‬
‫ ‪Question No. 2‬‬
‫‪ￖ¹¶§¬¥·©￦³ª￦¦³¸¸°­²«￦´°¥²¸￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڴڴ‪Ζ‬ڶ‪ￖ‬‬
‫‪ϯ￦‬ڷ‪ϑ‬ڵ‪￦¼￦‬ڴڴڴ‪Ζ‬ڴڹڻ‪ￊ©°­º©¶½￦¥²¨￦­²·¸¥°°¥¸­³²￦Ϯ‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڹڶ‬
‫‪ϯ￦‬ڷ‪ϑ‬ڴڴڴ‪Ζ‬ڷڷ‪ￚ©·¸­²«￦Ϯ‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڵڵ‪￦￦￦￦￦￦￦￦‬‬
‫)‪ￚ³¸¥°￦§³·¸￦³ª￦§³²º©½³¶￦¦©°¸￦¥²¨￦ª­¸¸­²«·￦ (C‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڵںڶ‪Ζ‬ڶ‬
‫‪￦‬‬
‫ ‪Question No. 3‬‬
‫‪ￖ¹¶§¬¥·©￦³ª￦¦³¸¸°­²«￦´°¥²¸￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڴڼ‪ￖ￦￦￦‬‬
‫‪ϯ￦‬ڷ‪ϑ‬ڵ‪￦¼￦‬ڴڴڴ‪Ζ‬ڴڹڻ‪ￊ©°­º©¶½￦¥²¨￦­²·¸¥°°¥¸­³²￦Ϯ‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڹڶ‬
‫‪ϯ￦‬ڷ‪ϑ‬ڴڴڴ‪Ζ‬ڷڷ‪ￚ©·¸­²«￦Ϯ‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڵڵ‪￦￦￦￦￦￦￦￦‬‬
‫‪ￚ³¸¥°￦§³·¸￦³ª￦³¹¸©¶￦·¸¶¹§¸¹¶©￦‬‬ ‫)‪(C‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڵںڴ‪Ζ‬ڵ‪ￖ‬‬
‫‪￦‬‬
‫ ‪Question No. 4‬‬
‫‪ￊ©´¶©§­¥¸­³²￦³ª￦§³±´³²©²¸￦³ª￦´°¥²¸Ό‬‬ ‫‪￦‬‬
‫‪￦½©¥¶·￦¼￦‬ڹ‪ϯ￦ϑ￦‬ڴڴڴ‪Ζ‬ڴڴڹ‪￦ ￦‬ڴڴڴ‪Ζ‬ڵڵ‪￦‬ܩ‪￦‬ڴڴڴ‪Ζ‬ڴڹڶ‪￦‬ܩ‪￦‬ڴڴڴ‪Ζ‬ڴڴڹ‪Ζ‬ڵ‪￦Ϯ‬ܥ‪￦￦￦ￋ²«­²©￦‬‬
‫‪￦‬ڶڵ‪ϑ‬ڵڵ‬ ‫‪￦‬ڷڼڵ‪Ζ‬ڵڷڶ‬
‫‪￦½©¥¶·￦‬ڼ‪ϯ￦ϑ￦‬ڴ‪￦ ￦‬ڴڴڴ‪Ζ‬ڵڵ‪￦‬ܩ‪￦‬ڴڴڴ‪Ζ‬ڴڹڶ‪￦‬ܩ‪￦‬ڴڴڴ‪Ζ‬ڴڴڴ‪Ζ‬ڶ‪￦Ϯ‬ܥ‪￦￦￉³²º©½³¶￦¦©°¸￦©¸§￦‬‬
‫‪￦‬ڶڵ‪ϑ‬ڵڵ‪¼￦‬‬ ‫‪￦‬ڷڻڴ‪Ζ‬ڽڹڶ‬
‫‪￦‬ڷ ‪ϯ￦ ϑ￦‬ڴڴڴ‪Ζ‬ڴڹ ‪￦ ￦‬ڴڴڴ‪Ζ‬ڵڵ ‪￦‬ܩ ‪￦‬ڴڴڴ‪Ζ‬ڴڹڶ ‪￦‬ܩ ‪￦‬ڴڴڴ‪Ζ‬ڴڴڼ‪￦ Ϯ‬ܥ ‪￦￦ￕ¹¸©¶￦ ·¸¶¹§¸¹¶©￦‬‬
‫‪￦‬ڶڵ‪ϑ‬ڵڵ‪½©¥¶·￦¼￦‬‬ ‫‪￦‬ڻڵڽ‪Ζ‬ڼڴڷ‪￦￦￦￦￦‬‬
‫¸‪ￚ³¸¥°￦¨©´¶©§­¥¸­³²￦³ª￦´°¥²‬‬ ‫)‪(A‬‬ ‫‪￦‬ڷڻڵ‪Ζ‬ڽڽڻ‪ￖ￦￦‬‬
‫‪￦‬‬

‫‪ￊ©´¶©§­¥¸­³²￦·¸¥¶¸·￦ª¶³±￦¸¬©￦¨¥¸©￦¸¬¥¸￦¸¬©￦¥··©¸￦»¥·￦¥º¥­°¥¦°©￦ª³¶￦¹·©Ό￦ￌ©¦¶¹¥¶½￦‬‬
‫‪Κ￦‬ڼڵڴڶ‪Ζ￦‬ڵ‬
‫‪￦‬‬
‫ ‪Question No. 5‬‬
‫‪ￊ©´¶©§­¥¸­³²￦³ª￦§³±´³²©²¸￦³ª￦´°¥²¸Ό￦‬‬ ‫‪￦‬‬
‫·¶‪￦½©¥‬ڹ‪ϯ￦ϑ￦‬ڴڴڴ‪Ζ‬ڴڴڹ‪￦ ￦‬ڴڴڴ‪Ζ‬ڵڵ‪￦‬ܩ‪￦‬ڴڴڴ‪Ζ‬ڴڹڶ‪￦‬ܩ‪￦‬ڴڴڴ‪Ζ‬ڴڴڹ‪Ζ‬ڵ‪￦Ϯ‬ܥ‪￦￦￦ￋ²«­²©￦‬‬ ‫‪￦‬ڴڴڶ‪Ζ‬ڶڹڶ‬
‫‪￦½©¥¶·￦‬ڼ‪ϯ￦ϑ￦‬ڴ‪￦ ￦‬ڴڴڴ‪Ζ‬ڵڵ‪￦‬ܩ‪￦‬ڴڴڴ‪Ζ‬ڴڹڶ‪￦‬ܩ‪￦‬ڴڴڴ‪Ζ‬ڴڴڴ‪Ζ‬ڶ‪￦Ϯ‬ܥ‪￦￦￉³²º©½³¶￦¦©°¸￦©¸§￦‬‬ ‫‪￦‬ڹڶں‪Ζ‬ڶڼڶ‬
‫‪￦‬ڷ ‪ϯ￦ ϑ￦‬ڴڴڴ‪Ζ‬ڴڹ ‪￦ ￦‬ڴڴڴ‪Ζ‬ڵڵ ‪￦‬ܩ ‪￦‬ڴڴڴ‪Ζ‬ڴڹڶ ‪￦‬ܩ ‪￦‬ڴڴڴ‪Ζ‬ڴڴڼ‪￦ Ϯ‬ܥ ‪￦￦ￕ¹¸©¶￦ ·¸¶¹§¸¹¶©￦‬‬
‫‪½©¥¶·￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڻڷڷ‪￦￦￦￦‬‬
‫‪ￚ³¸¥°￦¨©´¶©§­¥¸­³²￦³ª￦´°¥²¸￦‬‬ ‫‪￦‬‬ ‫‪(B)￦‬‬ ‫‪￦‬ڹڶڼ‪Ζ‬ڵڻڼ‪ￖ￦￦‬‬
‫‪￦‬‬
‫ ‪SUMMARY OF ANSWERS:‬‬
‫ ‪1. C‬‬ ‫ ‪2. C‬‬ ‫‪3. C‬‬ ‫ ‪4. A‬‬ ‫‪5.‬‬ ‫ ‪B‬‬
‫ ‬
‫ ‬
‫ ‬ ‫ ‬

‫‪189‬‬
Chapter 19: Property, Plant and Equipment

PROBLEM 19-46
￦

Question No. 1
￦ￌ¥­¶￦º¥°¹©￦ ‫ڵ‬Ζ‫ڴڴڸ‬Ζ‫ڴڴڴ‬￦
ￒ©«¥°￦ª©©·￦ ‫ڴڹ‬Ζ‫ڴڴڴ‬￦
￘©±³¨©°­²«￦§³·¸￦ ‫ڴڴڵ‬Ζ‫ڴڴڴ‬￦
ￚ³¸¥°￦§³·¸￦³ª￦¦¹­°¨­²«￦ ￦ ￦ (C)￦ ‫ڵ‬Ζ‫ڴڹڹ‬Ζ‫ڴڴڴ‬￦

Question No. 2
ￌ¥­¶￦º¥°¹©￦³ª￦¸¬©￦¥··©¸￦¶©§©­º©¨￦ ￦ ‫ڵ‬Ζ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦￉¥·¬￦´¥­¨￦ ￦ ‫ڴڴڸ‬Ζ‫ڴڴڴ‬￦
ￌ¥­¶￦º¥°¹©￦³ª￦¸¬©￦¥··©¸￦«­º©²￦ ￦ ‫ڴڴڼ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦￈³³¯￦º¥°¹©￦³ª￦¸¬©￦¥··©¸￦«­º©²￦ ￦
￦￦￉³·¸￦ ‫ڵ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦ ￦
￦￦ￒ©··Ό￦ￇ§§¹±¹°¥¸©¨￦¨©´¶©§­¥¸­³²￦Ϯ‫ڵ‬ￓϑ‫ڴڵ‬￦¼￦‫ڷ‬Κ‫ڹ‬ϯ￦ ‫ڴڹڷ‬Ζ‫ڴڴڴ‬￦ ‫ڴڴڴڴڹں‬￦
ￍ¥­²￦³²￦©¼§¬¥²«©￦ ￦ ￦ (A)￦ ‫ڴڹڵ‬Ζ‫ڴڴڴ‬￦

Question No. 3
ￕªª­§©￦¦¹­°¨­²«￦ￔ³Κ￦‫ڵ‬￦Ϯ‫ڴڸڽ‬Ζ‫ڴڴڴ‬ϑ‫ڻ‬ϯ￦ ‫ڹڷڵ‬Ζ‫ڴڴڴ‬￦
ￕªª­§©￦¦¹­°¨­²«￦ￔ³Κ￦‫ڶ‬￦Ϯ‫ڵ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬ϑ‫ڴڵ‬￦¼￦‫ں‬ϑ‫ڶڵ‬ϯ￦ ‫ڴڹ‬Ζ‫ڴڴڴ‬￦
ￕªª­§©￦¦¹­°¨­²«￦ￔ³Κ￦‫ڷ‬￦Ϯ‫ڵ‬Ζ‫ڴڴڶ‬Ζ‫ڴڴڴ‬ϑ‫ڸ‬￦¼￦‫ں‬ϑ‫ڶڵ‬ϯ￦ ‫ڴڹڵ‬Ζ‫ڴڴڴ‬￦
ￌ¥§¸³¶½￦¦¹­°¨­²« Ϯ‫ڵ‬Ζ‫ڴڹڹ‬Ζ‫ڴڴڴ‬ϑ‫ڴڵ‬ϯ￦ ‫ڹڹڵ‬Ζ‫ڴڴڴ‬￦
ￚ³¸¥°￦ￊ©´¶©§­¥¸­³²￦©¼´©²·©￦ ￦ (C)￦ ‫ڴڽڸ‬Ζ‫ڴڴڴ‬￦
￦

￉³·¸￦³ª￦³ªª­§©￦¦¹­°¨­²«￦ￔ³Κ￦‫ڵ‬￦ ‫ڵ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦ￇ§§¹±¹°¥¸©¨￦ￊ©´¶©§­¥¸­³²￦ ‫ڴڴڷ‬Ζ‫ڴڴڴ‬￦
￈³³¯￦º¥°¹©￦ ‫ڴڴڻ‬Ζ‫ڴڴڴ‬￦
ￇ¨¨Ό￦ￓ¥®³¶￦­±´¶³º©±©²¸· ‫ڹڸڶ‬Ζ‫ڴڴڴ‬￦
ￚ³¸¥°￦ ‫ڹڸڽ‬Ζ‫ڴڴڴ‬￦

Question No. 4
ￏ²§³±©￦ª¶³±￦«³º©¶²±©²¸￦«¶¥²¸￦Ϯ‫ڵ‬Ζ‫ڴڴڸ‬Ζ‫ڴڴڴ‬ϑ‫ڴڵ‬ϯ￦ (A)￦ ‫ڴڸڵ‬Ζ‫ڴڴڴ‬￦

Question No. 5
ￚ³¸¥°￦¨©´¶©§­¥¦°©￦§³·¸￦ ‫ڹڸڽ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦￙¹¦·©µ¹©²¸￦¨©´¶©§­¥¸­³²￦ ‫ڹڷڵ‬Ζ‫ڴڴڴ‬￦
￈³³¯￦º¥°¹©￦ ￦ ￦ ￦ (A)￦ ‫ڴڵڼ‬Ζ‫ڴڴڴ‬￦
￦
SUMMARY OF ANSWERS:
1. C 2. A 3. C 4. A 5. A
￦
￦

190
‫‪Chapter 19: Property, Plant and Equipment‬‬

‫ ‪PROBLEM 19-47‬‬
‫‪￦‬‬

‫ ‪Question No. 1‬‬

‫ ‪Months‬‬
‫ ‪Date‬‬ ‫ ‪Expenditures outstanding Average‬‬
‫ڻڵڴڶ‪Ζ￦‬ڵ‪￐¥²¹¥¶½￦‬‬ ‫ڴڴڴ‪Ζ‬ڴڴڴ‪Ζ‬ڶ‬ ‫‪￦‬ڶڵ‬ ‫ڴڴڴ‪Ζ‬ڴڴڴ‪Ζ‬ڸڶ‬
‫‪￦‬ڻڵڴڶ‪Ζ￦‬ڵ‪￐¹°½￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڴڴ‪Ζ‬ڸ‬ ‫‪￦‬ں‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڴڴ‪Ζ‬ڸڶ‬
‫‪￦‬ڻڵڴڶ‪Ζ￦‬ڵ‪ￔ³º©±¦©¶￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڴڴ‪Ζ‬ڷ‬ ‫‪￦‬ڶ‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڴڴ‪Ζ‬ں‬
‫‪ￚ³¸¥°￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڴڴ‪Ζ‬ڽ‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڴڴ‪Ζ‬ڸڹ‬
‫‪ￊ­º­¨©￦¦½￦‬‬ ‫‪￦ ￦‬‬ ‫‪￦‬ڼ‬
‫‪￝©­«¬¸©¨￦¥º©¶¥«©￦§¥¶¶½­²«￦¥±³¹²¸￦‬‬ ‫‪￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڴڹ‪Ζ‬ڸ‬
‫‪￦‬‬

‫‪￝©­«¬¸©¨￦¥º©¶¥«©￦¦³¶¶³»­²«￦§³·¸Ό￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬

‫·«‪￙´©§­ª­§￦¦³¶¶³»­²‬‬ ‫‪￦‬‬ ‫‪￦‬‬
‫‪ϯ￦‬ڶڵ‪ϑ‬ڶڵ‪￦¼￦‬ܫڴڵ‪ￓ￦¼￦‬ڶ‪￦￦ￇ§¸¹¥°￦¦³¶¶³»­²«￦§³·¸￦Ϯ‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڴڶ‬ ‫‪￦‬‬
‫‪￦￦ￒ©··Ό￦ￏ²º©·¸±©²¸￦­²§³±©￦‬‬ ‫‪Ο￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڴڶ‬
‫‪ￍ©²©¶¥°￦¦³¶¶³»­²«·Ό￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬
‫‪￝©­«¬¸©¨￦¥º©¶¥«©￦§¥¶¶½­²«￦¥±³¹²¸￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڴڹ‪Ζ‬ڸ‬ ‫‪￦‬‬
‫‪ￒ©··Ό￦ￖ¶­²§­´¥°￦¥±³¹²¸￦³ª￦￙´©§­ª­§￦¦³¶¶³»­²«·￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڴڴ‪Ζ‬ڶ‬ ‫‪￦‬‬
‫‪￝©­«¬¸©¨￦¥º©¶¥«©￦¶©°¥¸©¨￦¸³￦ￍ©²©¶¥°￦¦³¶¶³»­²«·￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڴڹ‪Ζ‬ڶ‬ ‫‪￦‬‬
‫‪ￓ¹°¸­´°½￦¦½Ό￦￉¥´­¸¥°­¾¥¸­³²￦¶¥¸©￦‬‬ ‫‪￦‬ܫڶڵ‬ ‫‪￦‬‬
‫‪￦‬ڶڵ‪ￓ¹°¸­´°½￦¦½Ό￦ￓ³²¸¬·ϑ‬‬ ‫‪￦‬ڶڵ‪ϑ‬ڶڵ‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڴڷ‬
‫‪￝©­«¬¸©¨￦¥º©¶¥«©￦¦³¶¶³»­²«￦§³·¸Ό￦‬‬ ‫‪￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڴڹ‬
‫‪º·Κ￦ￇ§¸¹¥°￦¦³¶¶³»­²«￦§³·¸￦￦‬‬ ‫‪￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڴڴ‪Ζ‬ڶ‬
‫‪￉¥´­¸¥°­¾¥¦°©￦¦³¶¶³»­²«￦§³·¸￦(lower)￦‬‬ ‫ )‪(D‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڴڹ‬
‫‪￦‬‬
‫ ‪Question No. 2‬‬
‫‪￦‬ڻڵڴڶ‪ￚ³¸¥°￦©¼´©²¨­¸¹¶©·￦ ￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڴڴ‪Ζ‬ڽ‬
‫‪￦‬ڼڵڴڶ ‪ￚ³¸¥°￦©¼´©²¨­¸¹¶©·￦Ο‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڴڴ‪Ζ‬ڵ‬
‫‪￦‬ڻڵڴڶ‪￉¥´­¸¥°­¾©¨￦¦³¶¶³»­²«￦§³·¸￦Ο￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڴڹ‬
‫‪￦Ϯ·©©￦§³±´¹¸¥¸­³²￦¦©°³»ϯ￦‬ڼڵڴڶ‪￉¥´­¸¥°­¾©¨￦¦³¶¶³»­²«￦§³·¸￦ ￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴںڵ‪Ζ‬ڵ‬
‫‪ￚ³¸¥°￦§³·¸￦³ª￦¦¹­°¨­²«￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪(C)￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴںں‪Ζ‬ڵڵ‬
‫‪￦‬‬
‫ ‪Months‬‬
‫ ‪Date‬‬ ‫ ‪Expenditures outstanding‬‬ ‫ ‪Average‬‬
‫‪￦‬ڼڵڴڶ‪Ζ￦‬ڵ‪￐¥²¹¥¶½￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڴڹ‪Ζ‬ڽ‪Є‬‬ ‫‪￦‬ڶڵ‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڴڴ‪Ζ‬ڸڵڵ‬
‫‪￦‬ڼڵڴڶ‪Ζ￦‬ڵ‪￐¹°½￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڴڴ‪Ζ‬ڵ‬ ‫‪￦‬ں‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڴڴ‪Ζ‬ں‬
‫‪ￚ³¸¥°￦‬‬ ‫ڴڴڴ‪Ζ‬ڴڴڹ‪Ζ‬ڴڵ‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڴڴ‪Ζ‬ڴڶڵ‬
‫‪ￊ­º­¨©￦¦½￦‬‬ ‫‪￦ ￦‬‬ ‫‪￦‬ڶڵ‬
‫‪￝©­«¬¸©¨￦¥º©¶¥«©￦§¥¶¶½­²«￦¥±³¹²¸￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڴڴ‪Ζ‬ڴڵ‬
‫‪￦‬‬

‫‪Κ￦‬ڴڴڴ‪Ζ‬ڴڴڹ‪ￓ￦¥²¨￦§¥´­¸¥°­¾©¨￦¦³¶¶³»­²«￦§³·¸￦³ª￦ￖ‬ڽ‪￦³ª￦ￖ‬ڻڵڴڶ‪ￚ³¸¥°￦³ª￦©¼´©²¨­¸¹¶©￦­²￦‬‬
‫‪￦‬‬
‫‪￝©­«¬¸©¨￦¥º©¶¥«©￦¦³¶¶³»­²«￦§³·¸Ό￦‬‬
‫‪￙´©§­ª­§￦¦³¶¶³»­²«·￦‬‬
‫‪ϯ‬ڶڵ‪ϑ‬ڶڵ‪ ¼￦‬ܫڴڵ‪ￓ￦¼￦‬ڶ‪￦￦ￇ§¸¹¥°￦¦³¶¶³»­²«￦§³·¸ Ϯ‬‬ ‫ڴڴڴ‪Ζ‬ڴڴڶ‬
‫‪￦￦ￒ©··Ό￦ￏ²º©·¸±©²¸￦­²§³±©￦‬‬ ‫‪Ο￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڴڶ‬
‫‪191‬‬
Chapter 19: Property, Plant and Equipment

ￍ©²©¶¥°￦¦³¶¶³»­²«·Ό￦
￝©­«¬¸©¨￦¥º©¶¥«©￦§¥¶¶½­²«￦¥±³¹²¸￦ ‫ڴڵ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬
ￒ©··Ό￦ￖ¶­²§­´¥°￦¥±³¹²¸￦³ª￦￙´©§­ª­§￦¦³¶¶³»­²«·￦ ‫ڶ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
￝©­«¬¸©¨￦¥º©¶¥«©￦¶©°¥¸©¨￦¸³￦ￍ©²©¶¥°￦¦³¶¶³»­²«·￦ ‫ڼ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
ￓ¹°¸­´°½￦¦½Ό￦￉¥´­¸¥°­¾¥¸­³²￦¶¥¸©￦ ‫ܫڶڵ‬￦
ￓ¹°¸­´°½￦¦½Ό￦ￓ³²¸¬·ϑ‫ڶڵ‬￦ ‫ڶڵ‬ϑ‫ڶڵ‬ ‫ڴںڽ‬Ζ‫ڴڴڴ‬
￝©­«¬¸©¨￦¥º©¶¥«© ¦³¶¶³»­²«￦§³·¸Ό￦ ‫ڵ‬Ζ‫ڴںڵ‬Ζ‫ڴڴڴ‬
º·Κ￦ￇ§¸¹¥°￦¦³¶¶³»­²«￦§³·¸￦￦ ‫ڶ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
￉¥´­¸¥°­¾¥¦°©￦¦³¶¶³»­²«￦§³·¸￦(lower)￦ ‫ڵ‬Ζ‫ڴںڵ‬Ζ‫ڴڴڴ‬￦
￦
Question No. 3
￉³·¸￦³ª￦ￓ¥§¬­²©¶½￦¥²¨￦ￋµ¹­´±©²¸￦ ‫ڷ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
ￓ¹°¸­´°½￦¦½Ό￦ￌ¶¥§¸­³²￦ ‫ڷ‬ϑ‫ڹڵ‬￦
ￊ©´¶©§­¥¸­³²￦ ￦ ￦ ￦ (A)￦ ‫ڴڴں‬Ζ‫ڴڴڴ‬￦
￦

￙￟ￊ￦­·￦‫ڹڵ‬￦½©¥¶·￦¥²¨￦¹·©ª¹°￦°­ª©￦­·￦‫ڹ‬￦½©¥¶·Κ￦
￦
Question No. 4
ￊ©´¶©§­¥¸­³²￦ ¶©±¥­²­²«￦¨©°­º©¶½￦¸¶¹§¯￦Ϯ·©©￦¦©°³»ϯ ‫ڸڵڵ‬Ζ‫ڴڴڴ‬￦
ￊ©´¶©§­¥¸­³²￦ ￦³º©¶¬¥¹°©¨￦¨©°­º©¶½￦¸¶¹§¯￦Ϯ·©©￦¦©°³»ϯ￦ ‫ڴڷ‬Ζ‫ڴڴڴ‬￦
ￊ©´¶©§­¥¸­³²￦ ￦²©»￦¨©°­º©¶½￦¸¶¹§¯￦Ϯ·©©￦¦©°³»ϯ￦ ‫ڸڶ‬Ζ‫ڴڴڴ‬￦
ￚ³¸¥°￦¨©´¶©§­¥¸­³²￦³²￦¨©°­º©¶½￦¸¶¹§¯￦ (B)￦ ‫ڼںڵ‬Ζ‫ڴڴڴ‬￦

Delivery truck:
￉³·¸￦ ‫ڵ‬Ζ‫ڶڹڵ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦ￇ§§¹±¹°¥¸©¨￦¨©´¶©§­¥¸­³²￦ ‫ڶڷڸ‬Ζ‫ڴڴڴ‬￦
￉¥¶¶½­²«￦º¥°¹©￦ ￦‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ڻڵڴڶ‬￦ ‫ڴڶڻ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦￉¥¶¶½­²«￦º¥°¹©￦³ª￦³º©¶¬¥¹°©¨￦¸¶¹§¯￦ ‫ڴڹڵ‬Ζ‫ڴڴڴ‬￦
￈¥°¥²§©￦ ‫ڴڻڹ‬Ζ‫ڴڴڴ‬￦
ￊ­º­¨©￦¦½Ό￦￘©±¥­²­²«￦¹·©ª¹°￦°­ª©￦Ϯ‫ڼ‬Ο‫ڷ‬ϯ￦ ‫ڹ‬￦
ￊ©´¶©§­¥¸­³²￦³²￦¶©±¥­²­²«￦¨©°­º©¶½￦¸¶¹§¯￦ ‫ڸڵڵ‬Ζ‫ڴڴڴ‬￦

Overhauled delivery truck:
￉³·¸￦ ￖ‫ڴڸڶ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦ￇ§§¹±¹°¥¸©¨￦¨©´¶©§­¥¸­³²￦Ϯￖ‫ڴڸڶ‬Ζ‫ڴڴڴ‬￦ϑ￦‫ڼ‬￦¼￦‫ڷ‬ϯ￦ ‫ڴڽ‬Ζ‫ڴڴڴ‬￦
￉¥¶¶½­²«￦º¥°¹©￦ ￦‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ڻڵڴڶ‬￦ ‫ڴڹڵ‬Ζ‫ڴڴڴ‬￦
ￇ¨¨Ό￦ￕº©¶¬¥¹°­²«￦§³·¸￦ ‫ڴں‬Ζ‫ڴڴڴ‬￦
ￇ¨®¹·¸©¨￦§¥¶¶½­²«￦º¥°¹©￦ ￦‫ڵڴ‬ϑ‫ڵڴ‬ϑ‫ڼڵڴڶ‬￦ ‫ڴڵڶ‬Ζ‫ڴڴڴ‬￦
ￊ­º­¨©￦¦½Ό￦￘©º­·©¨￦¶©±¥­²­²«￦¹·©ª¹°￦°­ª©￦Ϯ‫ڹ‬￦‫ܩ‬￦‫ڶ‬ϯ￦ ‫ڻ‬￦
ￊ©´¶©§­¥¸­³²￦³²￦³º©¶¬¥¹°©¨￦¨©°­º©¶½￦¸¶¹§¯￦ ‫ڴڷ‬Ζ‫ڴڴڴ‬￦
￦
New Delivery truck:
ￏ²º³­§©￦§³·¸￦ ‫ڴڴڸ‬Ζ‫ڴڴڴ‬￦
ￌ¶©­«¬¸￦ ‫ڴڶ‬Ζ‫ڴڴڼ‬￦
ￏ²·¸¥°°¥¸­³²￦¥²¨￦¸©·¸­²«￦ ‫ڴڸ‬Ζ‫ڴڴڴ‬￦
ￚ³¸¥°￦§³·¸￦³ª￦²©»￦¨©°­º©¶½￦¸¶¹§¯￦ ‫ڴںڸ‬Ζ‫ڴڴڼ‬￦
192
Chapter 19: Property, Plant and Equipment

ￊ­º­¨©￦¦½Ό￦ￛ·©ª¹°￦°­ª©￦ ‫ڼ‬￦
ￇ²²¹¥°￦¨©´¶©§­¥¸­³²￦ ‫ڻڹ‬Ζ‫ڴڴں‬￦
ￓ¹°¸­´°½￦¦½Ό￦ￔ¹±¦©¶￦³ª￦±³²¸¬·￦¹·©¨￦Ϯ￐¹°½￦‫ںڶ‬￦¸³￦ￊ©§©±¦©¶￦‫ڵڷ‬ϯ￦ ‫ڹ‬ϑ‫ڶڵ‬￦
ￊ©´¶©§­¥¸­³²￦³²￦¶©±¥­²­²«￦¨©°­º©¶½￦¸¶¹§¯￦ ‫ڸڶ‬Ζ‫ڴڴڴ‬￦
￦
Question No. 5
￈©«­²²­²«￦¦¥°¥²§©￦ ‫ڵ‬Ζ‫ڶڹڵ‬Ζ‫ڴڴڴ‬￦
ￇ¨¨Ό￦ￕº©¶¬¥¹°­²«￦§³·¸￦ ‫ڴں‬Ζ‫ڴڴڴ‬￦
ￇ¨¨Ό￦￉³·¸￦³ª￦²©»￦¨©°­º©¶½￦¸¶¹§¯￦ ‫ڴںڸ‬Ζ‫ڴڴڼ‬￦
ￇ¨®¹·¸©¨￦§³·¸￦³ª￦¨©°­º©¶½￦¸¶¹§¯￦ ‫ڵ‬Ζ‫ڶڻں‬Ζ‫ڴڴڼ‬￦
ￒ©··Ό￦ￇ§§¹±¹°¥¸©¨￦¨©´¶©§­¥¸­³²￦Ϯ‫ڶڷڸ‬Ζ‫ڴڴڴ‬￦‫ܩ‬￦‫ڼںڵ‬Ζ‫ڴڴڴ‬ϯ￦ ‫ڴڴں‬Ζ‫ڴڴڴ‬￦
￉¥¶¶½­²«￦º¥°¹©￦ ￦‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ڼڵڴڶ‬￦ ￦ (C)￦ ‫ڵ‬Ζ‫ڶڻڴ‬Ζ‫ڴڴڼ‬￦
￦
Question No. 6
ￚ³¸¥°￦©¼´©²¨­¸¹¶©·￦ ￦‫ڻڵڴڶ‬￦ ‫ڽ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
ￚ³¸¥°￦©¼´©²¨­¸¹¶©·￦Ο￦‫ڼڵڴڶ‬￦ ‫ڵ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
ￚ³¸¥°￦§³·¸￦³ª￦¦¹­°¨­²«￦ ￦ ￦ (A)￦ ‫ڴڵ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
￦

￈³¶¶³»­²«￦§³·¸￦¹²¨©¶￦ￖￌ￘￙￦ª³¶￦￙ￓￋ￦­·￦©¼´©²·©¨￦³¹¸¶­«¬¸Κ￦
￦
SUMMARY OF ANSWERS:
1. D 2. C 3. A 4. B 5. C 6. A
￦
￦
PROBLEM 19-48 Adjusting Entries
￦
¥Κ￦ ￓ¥§¬­²©￦‫ڵ‬￦ ￦ ￦
￦ ￦￦￦￦￘©¸¥­²©¨￦©¥¶²­²«·Ζ￦¦©«­²²­²«￦ ￦ ￦
￦ ￦ ￦ ￦

￘©¸¥­²©¨￦©¥¶²­²«·Ζ￦¦©«Κ￦Ϯ ￦ ‫ڴڼ‬Ζ‫ڴڴڴ‬￦ ￦
￦ ￊ©´¶©§­¥¸­³²￦©¼´©²·©￦Ϯ ￦ ‫ڴڶ‬Ζ‫ڴڴڴ‬￦ ￦
￦ ￦￦￦￦ￇ§§¹±¹°¥¸©¨￦¨©´¶©§­¥¸­³²￦ ￦ ‫ڴڴڵ‬Ζ‫ڴڴڴ‬￦
￦ ￦ ￦ ￦

¦Κ￦ ￇ§§¹±¹°¥¸©¨￦¨©´¶©§­¥¸­³²￦ ‫ڴڶڵ‬Ζ‫ڴڴڴ‬￦ ￦

￦ ￘©¸¥­²©¨￦©¥¶²­²«·Ζ￦¦©«Κ￦Ϯ ￦ ￦ ‫ڴڽ‬Ζ‫ڴڴڴ‬￦ ￦
￦ ￦￦￦￦ￋµ¹­´±©²¸￦ￔ³Κ￦‫ڵ‬￦ ￦ ‫ڴڵڶ‬Ζ‫ڴڴڴ‬￦
￦ ￦

§Κ￦ ￋµ¹­´±©²¸￦ￔ³Κ￦‫ڶ‬￦ ‫ڴڹڵ‬Ζ‫ڴڴڴ‬￦ ￦

￦ ￦￦￦￦￘©¸¥­²©¨￦©¥¶²­²«·Ζ￦¦©«­²²­²«￦ ￦ ‫ڴڹڵ‬Ζ‫ڴڴڴ‬￦
￦ ￦ ￦ ￦

￦ ￘©¸¥­²©¨￦©¥¶²­²«·Ζ￦¦©«Κ￦σϮ ￦ ￦ ‫ڶڵ‬Ζ‫ڴڴڹ‬￦ ￦
￦ ￊ©´¶©§­¥¸­³²￦©¼´©²·©￦σϮ ￦ ￦ ‫ڶڵ‬Ζ‫ڴڴڹ‬￦ ￦
￦ ￦￦￦￦ￇ§§¹±¹°¥¸©¨￦¨©´¶©§­¥¸­³²￦ ￦ ‫ڹڶ‬Ζ‫ڴڴڴ‬￦
￦ ￦ ￦ ￦

¨Κ￦ ￇ§§¹±¹°¥¸©¨￦¨©´¶©§­¥¸­³²￦Ϯ ￦ ‫ڹڵ‬Ζ‫ڴڴڴ‬￦ ￦

￦ ￦￦￦￦ￊ©´¶©§­¥¸­³²￦©¼´©²·©￦Ϯ ￦ ￦ ‫ڹ‬Ζ‫ڴڴڴ‬￦
￦ ￦￦￦￦￘©¸¥­²©¨￦©¥¶²­²«·Ζ￦¦©«­²²­²«￦ ￦ ‫ڴڵ‬Ζ‫ڴڴڴ‬￦
193
Chapter 19: Property, Plant and Equipment
￦ ￦ ￦ ￦

￦ ￇ§§¹±¹°¥¸©¨￦¨©´¶©§­¥¸­³²￦ ‫ڴڸ‬Ζ‫ڴڴڴ‬￦ ￦
￦ ￦￦￦￦ￋµ¹­´±©²¸￦Ϯ Ο￦ ￦ ￦ ‫ڴڸ‬Ζ‫ڴڴڴ‬￦
￦ ￦ ￦ ￦

©Κ￦ ￇ§§¹±¹°¥¸©¨￦¨©´¶©§­¥¸­³²￦σϮ Ο￦ ￦ ‫ڼ‬Ζ‫ڴڴڴ‬￦ ￦

￦ ￦￦￦￦ￊ©´¶©§­¥¸­³²￦©¼´©²·©￦σϮ Ο￦ ￦ ￦ ‫ڸ‬Ζ‫ڴڴڴ‬￦
￦ ￦￦￦￦￘©¸¥­²©¨￦©¥¶²­²«·Ζ￦¦©«­²²­²«￦σϮ Ο￦ ￦ ‫ڸ‬Ζ‫ڴڴڴ‬￦
￦ ￦ ￦ ￦

ªΚ￦ ￘©¸¥­²©¨￦©¥¶²­²«·Ζ￦¦©«Κ￦ ‫ڴڷ‬Ζ‫ڴڴڴ‬￦ ￦

￦ ￦￦￦￦ￋµ¹­´±©²¸￦ ￦ ‫ڴڷ‬Ζ‫ڴڴڴ‬￦
￦ ￦ ￦ ￦

￦ ￇ§§¹±¹°¥¸©¨￦¨©´¶©§­¥¸­³²￦Ϯ ￦ ‫ڷ‬Ζ‫ڴڴڴ‬￦ ￦
￦ ￦￦￦￦￘©¸¥­²©¨￦©¥¶²­²«·Ζ￦¦©«­²²­²«￦ ￦ ‫ڷ‬Ζ‫ڴڴڴ‬￦
￦

194
Chapter 20: Wasting Assets

CHAPTER 20: WASTING ASSETS

￦
PROBLEM 20--1 Depletion with Change in Estimate
￦

Question No. 1
ￇ§µ¹­·­¸­³²￦§³·¸ ￖ‫ڸںڵ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦ￋ·¸­±¥¸©¨￦¶©·­¨¹¥°￦º¥°¹©￦ Ο￦
ￊ©´°©¸¥¦°©￦§³·¸￦³ª￦¸¬©￦²¥¸¹¶¥°￦¶©·³¹¶§©￦ ￖ‫ڸںڵ‬Ζ‫ڴڴڴ‬￦
ￊ­º­¨©￦¦½Ό￦ￚ³²·￦©·¸­±¥¸©¨￦¸³￦¦©￦©¼¸¶¥§¸©¨￦ ‫ڴڶ‬Ζ‫ڴڴڴ‬￦
ￊ©´°©¸­³²￦´©¶￦¸³²￦ ￖ‫ڼ‬Κ‫ڴڶ‬￦
ￓ¹°¸­´°½￦¦½Ό￦ￚ³²·￦©¼¸¶¥§¸©¨￦ ￦‫ڼڵڴڶ‬￦ ‫ڸ‬Ζ‫ڴڴڴ‬￦
ￊ©´°©¸­³²￦ ￦‫ڼڵڴڶ‬￦ ￦ ￦ (B)￦ ￖ‫ڶڷ‬Ζ‫ڴڴڼ‬￦
￦
Question No. 2
ￇ§µ¹­·­¸­³²￦§³·¸￦ ￖ‫ڸںڵ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό ￇ§§¹±¹°¥¸©¨￦¨©´°©¸­³² ￦‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ڼڵڴڶ‬￦ ‫ڶڷ‬Ζ‫ڴڴڼ‬￦
￉¥¶¶½­²«￦º¥°¹©￦ ￦‫ڵڴ‬ϑ‫ڵڴ‬ϑ‫ڽڵڴڶ‬￦ ‫ڵڷڵ‬Ζ‫ڴڴڶ‬￦
ￊ­º­¨©￦¦½Ό￦ￚ³²·￦©·¸­±¥¸©¨￦¸³￦¦©￦©¼¸¶¥§¸©¨￦ ‫ڴڶ‬Ζ‫ڴڴڴ‬￦
ￊ©´°©¸­³²￦´©¶￦¹²­¸￦ ￖ‫ں‬Κ‫ںڹ‬￦
ￓ¹°¸­´°½￦¦½Ό￦ￚ³²·￦©¼¸¶¥§¸©¨￦ ￦‫ڽڵڴڶ‬ ‫ڼ‬Ζ‫ڴڴڴ‬￦
ￊ©´°©¸­³²￦ ‫ڽڵڴڶ‬ ￦ (C) ￖ‫ڶڹ‬Ζ‫ڴڼڸ‬￦
￦
￦
PROBLEM 20-2 Depletion with Change in Estimate
￦

ￇ§µ¹­·­¸­³² §³·¸ ‫ڼ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦

ￋ¼´°³¶¥¸­³²￦§³·¸￦ ‫ڶڵ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
ￏ²¸¥²«­¦°©￦¨©º©°³´±©²¸￦§³·¸￦ ‫ڴڵ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
ￚ³¸¥°￦§³·¸￦³ª￦¸¬©￦²¥¸¹¶¥°￦¶©·³¹¶§©￦ ‫ڴڷ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό ￋ·¸­±¥¸©¨￦¶©·­¨¹¥°￦º¥°¹© ‫ڴڴڽ‬Ζ‫ڴڴڴ‬￦
ￚ³¸¥°￦¨©´°©¸¥¦°©￦§³·¸￦³ª￦¸¬©￦²¥¸¹¶¥°￦¶©·³¹¶§©￦ ‫ڽڶ‬Ζ‫ڴڴڵ‬Ζ‫ڴڴڴ‬￦
ￊ­º­¨©￦¦½Ό￦ￛ²­¸·￦©·¸­±¥¸©¨￦¸³￦¦©￦©¼¸¶¥§¸©¨￦ ‫ڸ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
ￊ©´°©¸­³²￦´©¶￦¹²­¸￦ ‫ڻ‬Κ‫ڹڻڶ‬￦
ￓ¹°¸­´°½￦¦½Ό￦ￛ²­¸·￦©¼¸¶¥§¸©¨ ª¶³±￦‫ڹڵڴڶ‬￦¸³￦‫ڻڵڴڶ‬ ‫ڴڴڸ‬Ζ‫ڴڴڴ‬￦
ￊ©´°©¸­³²￦ª¶³±￦‫ڹڵڴڶ‬￦¸³￦‫ڻڵڴڶ‬￦ ‫ڶ‬Ζ‫ڴڵڽ‬Ζ‫ڴڴڴ‬￦
￦

Question No. 1
￉³·¸￦³ª￦²¥¸¹¶¥°￦¶©·³¹¶§©￦ ‫ڴڷ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦ￇ§§¹±¹°¥¸©¨￦¨©´°©¸­³²￦ ￦‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ڻڵڴڶ‬￦ ‫ڶ‬Ζ‫ڴڵڽ‬Ζ‫ڴڴڴ‬￦
￉¥¶¶½­²«￦¥±³¹²¸￦ ￦‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ڻڵڴڶ‬￦ ‫ڻڶ‬Ζ‫ڴڽڴ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦￘©·­¨¹¥°￦º¥°¹© ‫ڴڴں‬Ζ‫ڴڴڴ‬￦
ￊ©´°©¸¥¦°©￦§³·¸￦ ‫ںڶ‬Ζ‫ڴڽڸ‬Ζ‫ڴڴڴ‬￦
ￊ­º­¨©￦¦½Ό￦￘©º­·©¨￦¶©±¥­²­²«￦¹²­¸·￦ ‫ڴڴڹ‬Ζ‫ڴڴڴ‬￦
ￊ©´°©¸­³²￦¶¥¸©￦´©¶￦¹²­¸￦ ‫ڶڹ‬Κ‫ڼڽ‬￦
ￓ¹°¸­´°½￦¦½Ό￦ￛ²­¸·￦©¼¸¶¥§¸©¨ Ο ‫ڼڵڴڶ‬ ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦
ￊ©´°©¸­³²￦ ‫ڼڵڴڶ‬ ￦ (A) ‫ڴڵ‬Ζ‫ںڽڹ‬Ζ‫ڴڴڴ‬￦
￦

195
Chapter 20: Wasting Assets

Question No. 2
￉³·¸￦³ª￦²¥¸¹¶¥°￦¶©·³¹¶§©￦ ‫ڴڷ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦ￇ§§¹±¹°¥¸©¨￦¨©´°©¸­³²￦Ϯￖ‫ڶ‬Ζ‫ڴڵڽ‬Ζ‫ڴڴڴ‬￦‫ܩ‬￦ￖ‫ڴڵ‬Ζ‫ںڽڹ‬Ζ‫ڴڴڴ‬ϯ￦ ‫ڷڵ‬Ζ‫ںڴڹ‬Ζ‫ڴڴڴ‬￦
￉¥¶¶½­²«￦¥±³¹²¸￦ ￦‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ڼڵڴڶ‬￦ ￦ (A)￦ ‫ںڵ‬Ζ‫ڸڽڸ‬Ζ‫ڴڴڴ‬￦
￦
￦
PROBLEM 20-3 Depreciation of Movable and Immovable Equipment Useful
Life of the Immovable Equipment is Shorter
￦

Question No. 1
ￇ§µ¹­·­¸­³²￦§³·¸ ‫ڸ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
ￋ¼´°³¶¥¸­³²￦§³·¸￦ ‫ں‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
ￏ²¸¥²«­¦°©￦¨©º©°³´±©²¸￦§³·¸￦ ‫ڹ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
ￚ³¸¥°￦§³·¸￦³ª￦¸¬©￦²¥¸¹¶¥°￦¶©·³¹¶§©￦ ‫ڹڵ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦ￋ·¸­±¥¸©¨￦¶©·­¨¹¥°￦º¥°¹© Ο￦
ￚ³¸¥°￦¨©´°©¸¥¦°©￦§³·¸￦³ª￦¸¬©￦²¥¸¹¶¥°￦¶©·³¹¶§© ‫ڹڵ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
ￊ­º­¨©￦¦½Ό￦ￛ²­¸·￦©·¸­±¥¸©¨￦¸³￦¦©￦©¼¸¶¥§¸©¨￦ ‫ڸ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
ￊ©´°©¸­³²￦´©¶￦¹²­¸￦ ‫ڷ‬Κ‫ڹڻ‬￦
ￓ¹°¸­´°½￦¦½Ό￦ￛ²­¸·￦©¼¸¶¥§¸©¨￦ ￦‫ڼڵڴڶ‬￦ ‫ڴڴڹ‬Ζ‫ڴڴڴ‬￦
ￊ©´°©¸­³²￦ ‫ڼڵڴڶ‬ ￦ (A) ‫ڵ‬Ζ‫ڹڻڼ‬Ζ‫ڴڴڴ‬￦
￦
Question No. 2
￉³·¸￦³ª￦¸¬©￦±³º¥¦°©￦©µ¹­´±©²¸￦ ‫ڶ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
ￊ­º­¨©￦¦½Ό￦ￛ·©ª¹°￦°­ª©￦­²￦½©¥¶·￦ ‫ڴڵ‬￦
ￊ©´¶©§­¥¸­³²￦Ο￦‫ڼڵڴڶ‬￦ ￦ ￦ (A)￦ ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦
￦
Question No. 3
￉³·¸￦³ª￦¸¬©￦±³º¥¦°©￦©µ¹­´±©²¸￦ ‫ڵ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
ￊ­º­¨©￦¦½Ό￦ￛ·©ª¹°￦°­ª©￦­²￦½©¥¶·￦Ϯ·¬³¶¸©¶ϯ￦ ‫ڹ‬￦
ￊ©´¶©§­¥¸­³²￦Ο￦‫ڼڵڴڶ‬￦ ￦ ￦ (A)￦ ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦
￦
￦
PROBLEM 20-4 Depreciation of Movable and Immovable Equipment - Life of
the Wasting Asset is Shorter

Question No. 1
ￇ§µ¹­·­¸­³²￦§³·¸ ‫ڸ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
ￋ¼´°³¶¥¸­³²￦§³·¸￦ ‫ں‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
ￏ²¸¥²«­¦°©￦¨©º©°³´±©²¸￦§³·¸￦ ‫ڹ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
ￚ³¸¥°￦§³·¸￦³ª￦¸¬©￦²¥¸¹¶¥°￦¶©·³¹¶§©￦ ‫ڹڵ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦ￋ·¸­±¥¸©¨￦¶©·­¨¹¥°￦º¥°¹© Ο￦
ￚ³¸¥°￦¨©´°©¸¥¦°©￦§³·¸￦³ª￦¸¬©￦²¥¸¹¶¥°￦¶©·³¹¶§©￦ ‫ڹڵ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
ￊ­º­¨©￦¦½Ό￦ￛ²­¸·￦©·¸­±¥¸©¨￦¸³￦¦©￦©¼¸¶¥§¸©¨￦ ‫ڸ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
ￊ©´°©¸­³²￦´©¶￦¹²­¸￦ ‫ڷ‬Κ‫ڹڻ‬￦
ￓ¹°¸­´°½￦¦½Ό￦ￛ²­¸·￦©¼¸¶¥§¸©¨￦ ￦‫ڼڵڴڶ‬￦ ‫ڴڴڹ‬Ζ‫ڴڴڴ‬￦
ￊ©´°©¸­³²￦ ￦‫ڼڵڴڶ‬￦ ￦ ￦ (A)￦ ‫ڵ‬Ζ‫ڹڻڼ‬Ζ‫ڴڴڴ‬￦
￦

196
Chapter 20: Wasting Assets

Question No. 2
￉³·¸￦³ª￦¸¬©￦±³º¥¦°©￦©µ¹­´±©²¸￦ ‫ڶ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
ￊ­º­¨©￦¦½Ό￦ￛ·©ª¹°￦°­ª©￦­²￦½©¥¶·￦ ‫ڴڶ‬￦
ￊ©´¶©§­¥¸­³²￦Ο￦‫ڼڵڴڶ‬￦ ￦ ￦ (A)￦ ‫ڴڴڵ‬Ζ‫ڴڴڴ‬￦
￦

Question No. 3
￉³·¸￦³ª￦¸¬©￦±³º¥¦°©￦©µ¹­´±©²¸￦ ￖ‫ڵ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
ￊ­º­¨©￦¦½Ό￦ￛ²­¸·￦©·¸­±¥¸©¨￦¸³￦¦©￦©¼¸¶¥§¸©¨ Ϯ·¬³¶¸©¶ϯЄ￦ ‫ڸ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
ￊ©´¶©§­¥¸­³²￦¶¥¸©￦´©¶￦¹²­¸￦ ￖΚ‫ڹڶ‬￦
ￓ¹°¸­´°½￦¦½Ό￦ￇ§¸¹¥°￦¹²­¸·￦©¼¸¶¥§¸©¨￦ ‫ڴڴڹ‬Ζ‫ڴڴڴ‬￦
ￊ©´¶©§­¥¸­³²￦Ο￦‫ڼڵڴڶ‬￦ ￦ ￦ (C)￦ ‫ڹڶڵ‬Ζ‫ڴڴڴ‬￦
￦

Єￋ·¸­±¥¸©¨￦¹·©ª¹°￦°­ª©￦¹·­²«￦³¹¸´¹¸￦±©¸¬³¨￦Ϯ‫ڸ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦ϑ￦‫ڴڴڹ‬Ζ‫ڴڴڴ‬ϯ￦‫ܥ‬￦‫ڼ‬￦½©¥¶·￦
￦
￦
PROBLEM 20-5￦Depreciation No Production￦
￦

￉³·¸￦³ª￦­±±³º¥¦°©￦©µ¹­´±©²¸ ‫ڹ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
ￊ­º­¨©￦¦½Ό￦ￛ²­¸·￦©·¸­±¥¸©¨￦¸³￦¦©￦©¼¸¶¥§¸©¨￦ ‫ڶ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
ￊ©´¶©§­¥¸­³²￦´©¶￦¹²­¸￦ ‫ڷ‬￦
ￓ¹°¸­´°½￦¦½Ό￦ￇ§¸¹¥°￦¹²­¸·￦©¼¸¶¥§¸©¨￦ª¶³±￦‫ڹڵڴڶ‬￦¸³￦‫ڻڵڴڶ‬￦ ‫ڴڶں‬Ζ‫ڴڴڴ‬￦
ￇ§§¹±¹°¥¸©¨￦ￊ©´¶©§­¥¸­³²￦ ￦‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ڻڵڴڶ‬￦ ‫ڵ‬Ζ‫ڴڹڹ‬Ζ‫ڴڴڴ‬￦
￦

Question No. 1
￉³·¸￦³ª￦­±±³º¥¦°©￦©µ¹­´±©²¸￦ ‫ڹ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦ￇ§§¹±¹°¥¸©¨￦¨©´¶©§­¥¸­³²￦ ￦‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ڻڵڴڶ‬￦ ‫ڵ‬Ζ‫ڴڹڹ‬Ζ‫ڴڴڴ‬￦
￈³³¯￦º¥°¹©￦ ￦‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ڻڵڴڶ‬￦ ‫ڷ‬Ζ‫ڴڹڸ‬Ζ‫ڴڴڴ‬￦
ￊ­º­¨©￦¦½Ό￦￘©±¥­²­²«￦¹·©ª¹°￦°­ª©￦Ϯ‫ڹڵ‬￦ ￦‫ڷ‬ϯ￦ ‫ڶڵ‬￦
ￊ©´¶©§­¥¸­³²￦Ο￦‫ڼڵڴڶ‬￦ ￦ (A) ‫ڻڼڶ‬Ζ‫ڴڴڹ‬￦
￦

Question No. 2
￉³·¸￦³ª￦­±±³º¥¦°©￦©µ¹­´±©²¸ ‫ڹ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦ￇ§§¹±¹°¥¸©¨￦¨©´¶©§­¥¸­³²￦ ￦‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ڼڵڴڶ‬￦ ‫ڵ‬Ζ‫ڻڷڼ‬Ζ‫ڴڴڹ‬￦
￈³³¯￦º¥°¹©￦ ￦‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ڼڵڴڶ‬￦ ‫ڷ‬Ζ‫ڶںڵ‬Ζ‫ڴڴڹ‬￦
ￊ­º­¨©￦¦½Ό￦￘©±¥­²­²«￦¹²­¸·￦¸³￦¦©￦©¼¸¶¥§¸©¨ ‫ڵ‬Ζ‫ڴڼڷ‬Ζ‫ڴڴڴ‬￦
ￊ©´¶©§­¥¸­³²￦´©¶￦¹²­¸￦ ‫ڶ‬Κ‫ڽڶ‬￦
ￓ¹°¸­´°½￦¦½Ό￦ￇ§¸¹¥°￦¹²­¸·￦©¼¸¶¥§¸©¨￦Ο￦‫ڽڵڴڶ‬￦ ‫ڴڹڵ‬Ζ‫ڴڴڴ‬￦
ￊ©´¶©§­¥¸­³²￦ ￦‫ڽڵڴڶ‬￦ ￦ ￦ (A)￦ ‫ڷڸڷ‬Ζ‫ڴڹڻ‬￦
￦
￦
PROBLEM 20-6 Liquidating Dividends
￦

ￇ§§¹±¹°¥¸©¨￦´¶³ª­¸·￦Ο¹²¥´´¶³´¶­¥¸©¨￦￦ ‫ڽ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
ￇ¨¨Ό￦ￇ§§¹±¹°¥¸©¨￦¨©´°©¸­³²￦ ‫ڻ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
ￚ³¸¥°￦ ‫ںڵ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦￉¥´­¸¥°￦ￒ­µ¹­¨¥¸©¨ ‫ڴڴڼ‬Ζ‫ڴڴڴ‬￦
￦￦￦￦￦￦￦￦￦￦￦ￊ©´°©¸­³²￦­²￦¸¬©￦©²¨­²«￦­²º©²¸³¶½￦Ϯￖ‫ں‬￦¼￦‫ڴڶڵ‬Ζ‫ڴڴڴ‬ϯ￦ ‫ڴڶڻ‬Ζ‫ڴڴڴ‬￦
ￓ¥¼­±¹±￦ￊ­º­¨©²¨￦ ￦ ￦ (D)￦ ‫ڸڵ‬Ζ‫ڴڼڸ‬Ζ‫ڴڴڴ‬￦

197
Chapter 20: Wasting Assets

PROBLEM 20-7
￦

Question No. 1
ￇ§µ¹­·­¸­³²￦§³·¸￦ ￖ‫ڽ‬Ζ‫ڹڻڴ‬Ζ‫ڴڴڴ‬￦
ￊ­º­¨©￦¦½Ό￦ￚ³²·￦©·¸­±¥¸©¨￦¸³￦¦©￦©¼¸¶¥§¸©¨￦ ‫ڵ‬Ζ‫ڴڴڵ‬Ζ‫ڴڴڴ‬￦
ￊ©´°©¸­³²￦´©¶￦¸³²￦ ￖ‫ڼ‬Κ‫ڹڶ‬￦
ￓ¹°¸­´°½￦¦½Ό￦ￇ§¸¹¥°￦¸³²·￦©¼¸¶¥§¸©¨￦ ￦‫ڼڵڴڶ‬￦ ‫ڴڴڵ‬Ζ‫ڴڴڴ‬￦
ￊ©´°©¸­³²￦Ο￦‫ڼڵڴڶ‬￦￦ ￦ ￦ (D)￦ ‫ڹڶڼ‬Ζ‫ڴڴڴ‬￦
￦
Question No. 2
￉³·¸￦³ª￦ￏ²·¸¥°°¥¸­³²￦ ‫ڵ‬Ζ‫ڹڶڽ‬Ζ‫ڴڴڴ‬￦
ￊ­º­¨©￦¦½Ό￦ￚ³²·￦©·¸­±¥¸©¨￦¸³￦¦©￦©¼¸¶¥§¸©¨￦ ‫ڵ‬Ζ‫ڴڴڵ‬Ζ‫ڴڴڴ‬￦
ￊ©´¶©§­¥¸­³²￦´©¶￦¸³² ‫ڵ‬Κ‫ڹڻ‬￦
ￓ¹°¸­´°½￦¦½Ό￦ￇ§¸¹¥°￦¸³²·￦©¼¸¶¥§¸©¨￦ ￦‫ڼڵڴڶ‬￦ ‫ڴڴڵ‬Ζ‫ڴڴڴ‬￦
ￊ©´¶©§­¥¸­³²￦Ο￦‫ڼڵڴڶ‬￦ ￦ ￦ (B)￦ ‫ڹڻڵ‬Ζ‫ڴڴڴ‬￦
￦
Question No. 3
￉³·¸￦³ª￦±­²­²«￦©µ¹­´±©²¸￦ ‫ڸ‬Ζ‫ڴڴڸ‬Ζ‫ڴڴڴ‬￦
ￊ­º­¨©￦¦½Ό￦ￛ·©ª¹°￦°­ª©￦ ‫ڼ‬￦
ￊ©´¶©§­¥¸­³²￦ ￦‫ڼڵڴڶ‬￦ ￦ ￦ (A)￦ ‫ڴڹڹ‬Ζ‫ڴڴڴ‬￦
￦
Question No. 4
ￇ§µ¹­·­¸­³²￦§³·¸￦ ￖ‫ڽ‬Ζ‫ڹڻڴ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦ￇ§§¹±¹°¥¸©¨￦ￊ©´°©¸­³²￦￦ ‫ڹڶڼ‬Ζ‫ڴڴڴ‬￦
￉¥¶¶½­²«￦º¥°¹©￦ ￦‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ڼڵڴڶ‬￦ ￖ‫ڼ‬Ζ‫ڴڹڶ‬Ζ‫ڴڴڴ‬￦
ￇ¨¨Ό￦ￇ¨¨­¸­³²¥°￦¨©º©°³´±©²¸￦§³·¸￦ ￦‫ڽڵڴڶ‬￦ ‫ڴڹڻ‬Ζ‫ڴڴڴ‬￦
￘©±¥­²­²«￦¨©´°©¸¥¦°©￦§³·¸￦ ￖ‫ڽ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
ￊ­º­¨©￦¦½Ό￦ￋ·¸­±¥¸©¨￦¸³²·￦¸³￦¦©￦©¼¸¶¥§¸©¨ ‫ڵ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
ￊ©´°©¸­³²￦´©¶￦¸³²￦ ￖ￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦‫ڽ‬￦
ￓ¹°¸­´°½￦¦½Ό￦ￚ³²·￦©¼¸¶¥§¸©¨￦ ￦‫ڽڵڴڶ‬￦ ‫ڴڹڵ‬Ζ‫ڴڴڴ‬￦
ￊ©´°©¸­³²￦Ο￦‫ڽڵڴڶ‬￦￦ ￦ ￦ (C)￦ ￖ‫ڵ‬Ζ‫ڴڹڷ‬Ζ‫ڴڴڴ‬￦
￦
Question No. 5
ￏ²·¸¥°°¥¸­³²￦ϮϮￖ‫ڵ‬Ζ‫ڹڶڽ‬Ζ‫ڴڴڴ‬ϑ‫ڵ‬Κ‫ڵ‬ￓϯ￦¼￦‫ڴڹڵ‬Ζ‫ڴڴڴ‬￦¸³²·ϯ￦ ￖ￦￦‫ڶںڶ‬Ζ‫ڴڴڹ‬￦
ￓ­²­²«￦©µ¹­´±©²¸￦Ϯￖ‫ڸ‬Ζ‫ڴڴڸ‬Ζ‫ڴڴڴ‬ϑ‫ڼ‬ϯ￦ ‫ڴڹڹ‬Ζ‫ڴڴڴ‬￦
ￚ³¸¥°￦¨©´¶©§­¥¸­³²￦©¼´©²·©￦ ￦ (C)￦ ￖ￦￦‫ڶڵڼ‬Ζ‫ڴڴڹ‬￦
￦
SUMMARY OF ANSWERS:
1. D 2. B 3. A 4. C 5. C
￦
￦

198
Chapter 20: Wasting Assets

PROBLEM 20-8 Cost Of Wasting Asset with Estimated Restoration Cost,

Depletion, Depreciation of Movable and Immovable Equipment
￦

Question No. 1
ￇ§µ¹­·­¸­³²￦§³·¸￦³ª￦¸¬©￦»¥·¸­²«￦¥··©¸·￦ ‫ڴڹڵ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
ￇ¨¨Ό￦ￋ¼´°³¶¥¸­³²￦¥²¨￦­²¸¥²«­¦°©￦¨©º©°³´±©²¸￦§³·¸ ‫ڼ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
ￇ¨¨Ό￦ￋ·¸­±¥¸©¨￦¨©§³±±­··­³²­²«￦¥²¨￦¶©·¸³¶¥¸­³²￦§³·¸·￦ ‫ڼ‬Ζ‫ںڽڵ‬Ζ‫ڵںڵ‬￦
ￏ²­¸­¥°￦§³·¸￦ ￦ ￦ (A)￦ ‫ںںڵ‬Ζ‫ںڽڵ‬Ζ‫ڵںڵ‬￦
￦

ￋ·¸­±¥¸©¨￦¶©·¸³¶¥¸­³²￦§³·¸￦ ￖ￦‫ڶڵ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
ￓ¹°¸­´°½￦¦½Ό￦ￖ¶©·©²¸￦º¥°¹©￦³ª￦‫ڵ‬￦ª³¶￦ª³¹¶￦´©¶­³¨·￦ ‫ڴ‬Κ‫ڹڹڸڷڵڴڷڼں‬￦
ￖ¶©·©²¸￦º¥°¹©￦³ª￦¸¬©￦¶©·¸³¶¥¸­³²￦§³·¸ ￖ￦￦￦￦‫ڼ‬Ζ‫ںڽڵ‬Ζ‫ڵںڵ‬￦
￦
Question No. 2
ￚ³¸¥°￦§³·¸￦³ª￦¸¬©￦»¥·¸­²«￦¥··©¸·￦ ‫ںںڵ‬Ζ‫ںڽڵ‬Ζ‫ڵںڵ‬￦
ￊ­º­¨©￦¦½Ό￦ￋ·¸­±¥¸©¨￦¹²­¸·￦¸³￦¦©￦©¼¸¶¥§¸©¨￦ ‫ڶڵ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
ￊ©´°©¸­³²￦´©¶￦¹²­¸￦ ‫ڷڵ‬Κ‫ڹڼ‬￦
ￓ¹°¸­´°½￦¦½Ό￦ￛ²­¸·￦©¼¸¶¥§¸©¨ ‫ڵ‬Ζ‫ڴڴں‬Ζ‫ڴڴڴ‬￦
ￊ©´°©¸­³²￦©¼´©²·© ￦‫ڼڵڴڶ‬￦ (B) ‫ڶڶ‬Ζ‫ڽڹڵ‬Ζ‫ڼڼڸ‬￦
￦
Question No. 3
￉³·¸￦³ª￦¸¬©￦±³º¥¦°©￦©µ¹­´±©²¸￦ ‫ں‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
ￊ­º­¨©￦¦½Ό￦ￛ·©ª¹°￦°­ª©￦ ‫ڴڶ‬￦
ￊ©´¶©§­¥¸­³²￦ ￦‫ڼڵڴڶ‬￦ ￦ ￦ (A)￦ ‫ڴڴڷ‬Ζ‫ڴڴڴ‬￦
￦
Question No. 4
￉³·¸￦³ª￦¸¬©￦±³º¥¦°©￦©µ¹­´±©²¸￦ ‫ڽ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
ￊ­º­¨©￦¦½Ό￦ￛ²­¸·￦©·¸­±¥¸©¨￦¸³￦¦©￦©¼¸¶¥§¸©¨￦Ϯ·¬³¶¸©¶ϯ￦ ‫ڶڵ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
ￊ©´¶©§­¥¸­³²￦¶¥¸©￦´©¶￦¹²­¸￦ ‫ڴ‬Κ‫ڹڻ‬￦
ￓ¹°¸­´°½￦¦½Ό￦ￛ²­¸·￦©¼¸¶¥§¸©¨ ‫ڵ‬Ζ‫ڴڴں‬Ζ‫ڴڴڴ‬￦
ￊ©´°©¸­³²￦©¼´©²·©￦ ￦‫ڼڵڴڶ‬￦ ￦ (B)￦ ‫ڵ‬Ζ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦
￦

Єￋ·¸­±¥¸©¨￦¹·©ª¹°￦°­ª©￦¹·­²«￦³¹¸´¹¸￦±©¸¬³¨￦Ϯ‫ڶڵ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦ϑ￦‫ڵ‬Ζ‫ڴڴڹ‬Ζ‫ڴڴڴ‬ϯ￦‫ܥ‬￦‫ڼ‬￦½©¥¶·￦
￦
Question No. 5
Date Interest expense
￦ Present value
‫ڵڴ‬ϑ‫ڵڴ‬ϑ‫ڼڵڴڶ‬ ‫ڼ‬Ζ‫ںڽڵ‬Ζ‫ڵںڵ‬￦
‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ڼڵڴڶ‬￦ 819,616 (A) ‫ڽ‬Ζ‫ڹڵڴ‬Ζ‫ڼڻڻ‬￦
‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ڽڵڴڶ‬￦ ‫ڵڴڽ‬Ζ‫ڼڻڹ‬￦￦ ‫ڽ‬Ζ‫ڻڵڽ‬Ζ‫ڹڹڷ‬￦
‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ڴڶڴڶ‬￦ ‫ڵڽڽ‬Ζ‫ںڷڻ‬￦ ‫ڴڵ‬Ζ‫ڽڴڽ‬Ζ‫ڵڽڴ‬￦
‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ڵڶڴڶ‬￦ ‫ڵ‬Ζ‫ڴڽڴ‬Ζ‫ڽڴڽ‬￦ ‫ڶڵ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
￦
SUMMARY OF ANSWERS:
1. A 2. B 3. A 4. B 5. A
￦

199
Chapter 20: Wasting Assets

PROBLEM 20-9 Cost Of Wasting Asset with Estimated Restoration Cost,

Depletion, Depreciation of Movable and Immovable Equipment
￦

Question No. 1
ￇ§µ¹­·­¸­³²￦§³·¸￦³ª￦¸¬©￦»¥·¸­²«￦¥··©¸·￦ ‫ڴڶڵ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
ￇ¨¨Ό￦ￋ¼´°³¶¥¸­³²￦¥²¨￦­²¸¥²«­¦°©￦¨©º©°³´±©²¸￦§³·¸ ‫ں‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
ￇ¨¨Ό￦ￋ·¸­±¥¸©¨￦¨©§³±±­··­³²­²«￦¥²¨￦¶©·¸³¶¥¸­³²￦§³·¸·￦ ‫ں‬Ζ‫ڹڹڷ‬Ζ‫ڵڼڵ‬￦
ￏ²­¸­¥°￦§³·¸￦ ￦ ￦ (A)￦ ‫ڶڷڵ‬Ζ‫ڹڹڷ‬Ζ‫ڵڼڵ‬￦
￦

ￋ·¸­±¥¸©¨￦¶©·¸³¶¥¸­³²￦§³·¸￦ ￖ￦￦￦‫ڴڵ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
ￓ¹°¸­´°½￦¦½Ό￦ￖ¶©·©²¸￦º¥°¹©￦³ª￦‫ڵ‬￦ª³¶￦ª³¹¶￦´©¶­³¨·￦ ‫ڴ‬Κ‫ڼڻڴڼڵڹڹڷں‬￦
ￖ¶©·©²¸￦º¥°¹©￦³ª￦¸¬©￦¶©·¸³¶¥¸­³²￦§³·¸ ￖ￦￦￦￦￦‫ں‬Ζ‫ڹڹڷ‬Ζ‫ڵڼڵ‬￦
￦
Question No. 2
ￚ³¸¥°￦§³·¸￦³ª￦¸¬©￦»¥·¸­²«￦¥··©¸·￦ ‫ڶڷڵ‬Ζ‫ڹڹڷ‬Ζ‫ڵڼڵ‬￦
ￊ­º­¨©￦¦½Ό￦ￋ·¸­±¥¸©¨￦¹²­¸·￦¸³￦¦©￦©¼¸¶¥§¸©¨￦ ‫ڶڵ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
ￊ©´°©¸­³²￦´©¶￦¹²­¸￦ ‫ڵڵ‬Κ‫ڷڴ‬￦
ￓ¹°¸­´°½￦¦½Ό￦ￛ²­¸·￦©¼¸¶¥§¸©¨ ‫ڵ‬Ζ‫ڴڴں‬Ζ‫ڴڴڴ‬￦
ￊ©´°©¸­³²￦©¼´©²·© ￦‫ڼڵڴڶ‬￦ (B) ‫ڻڵ‬Ζ‫ڻڸں‬Ζ‫ڻڹڷ‬￦
￦
Question No. 3
￉³·¸￦³ª￦¸¬©￦±³º¥¦°©￦©µ¹­´±©²¸￦ ‫ں‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
ￊ­º­¨©￦¦½Ό￦ￛ·©ª¹°￦°­ª©￦ ‫ں‬￦
ￊ©´¶©§­¥¸­³²￦ ￦‫ڼڵڴڶ‬￦ ￦ ￦ (A)￦ ‫ڵ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
￦
Question No. 4
￉³·¸￦³ª￦¸¬©￦±³º¥¦°©￦©µ¹­´±©²¸￦ ‫ڽ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
ￊ­º­¨©￦¦½Ό￦ￛ·©ª¹°￦°­ª©￦ ‫ڹ‬￦
ￊ©´¶©§­¥¸­³²￦ ￦‫ڼڵڴڶ‬￦ ￦ ￦ (A)￦ ‫ڵ‬Ζ‫ڴڴڼ‬Ζ‫ڴڴڴ‬￦
￦
Question No. 5
Date Interest expense Present value
‫ڵڴ‬ϑ‫ڵڴ‬ϑ‫ڼڵڴڶ‬￦ ‫ں‬Ζ‫ڹڹڷ‬Ζ‫ڵڼڵ‬￦
‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ڼڵڴڶ‬￦ ‫ڶںڻ‬Ζ‫ڶڶں‬￦(A)￦ ‫ڻ‬Ζ‫ڻڵڵ‬Ζ‫ڶڴڼ‬￦
‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ڽڵڴڶ‬￦ ‫ڸڹڼ‬Ζ‫ںڷڵ‬￦ ‫ڻ‬Ζ‫ڵڻڽ‬Ζ‫ڽڷڽ‬￦
‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ڴڶڴڶ‬￦ ‫ںڹڽ‬Ζ‫ڷڷں‬￦ ‫ڼ‬Ζ‫ڼڶڽ‬Ζ‫ڵڻڹ‬￦
‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ڵڶڴڶ‬￦ ‫ڵ‬Ζ‫ڵڻڴ‬Ζ‫ڽڶڸ‬￦ ‫ڴڵ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
￦
SUMMARY OF ANSWERS:
1. A 2. B 3. A 4. A 5. A
￦

200
Chapter 21: Investment Property

CHAPTER 21: INVESTMENT PROPERTY

￦
PROBLEM 21-1: Classification Issue
￦

Question No. 1
ￌ¥¶±­²«￦ °¥²¨￦ »¥·￦ ´¹¶§¬¥·©¨￦ ª³¶￦ ­¸·￦ ­²º©·¸±©²¸￦ ´³¸©²¸­¥°Κ￦ ‫ڴڴڼ‬Ζ‫ڴڴڴ‬￦
ￖ°¥²²­²«￦ ´©¶±­··­³²￦ ¬¥·￦ ²³¸￦ ¦©©²￦ ³¦¸¥­²©¨￦ ª³¶￦ ¦¹­°¨­²«￦
§³²·¸¶¹§¸­³²·￦³ª￦¥²½￦¯­²¨Κ￦
ￇ￦¦¹­°¨­²«￦¸¬¥¸￦­·￦¬©°¨￦¹²¨©¶￦±­¼©¨￦¹·©Ή￦half ­·￦¸³￦©¥¶²￦¶©²¸¥°·￦ ‫ڴںڼ‬Ζ‫ڴڴڴ‬￦
ￇ￦¦¹­°¨­²«￦°©¥·©¨￦¸³￦¥²￦¥··³§­¥¸©￦¹²¨©¶￦¥²￦³´©¶¥¸­²«￦°©¥·©￦ ‫ڵ‬Ζ‫ڴڶں‬Ζ‫ڴڴڴ‬￦
ￚ³¸¥°￦­²º©·¸±©²¸￦´¶³´©¶¸½￦ ￦ (D)￦ ‫ڷ‬Ζ‫ڴڼڶ‬Ζ‫ڴڴڴ‬￦
￦

Question No. 2
ￇ￦²©»￦³ªª­§©￦¦¹­°¨­²«￦¹·©¨￦¦½￦³²©￦³ª￦­¸·￦·¹¦·­¨­¥¶­©·￦¥·￦­¸·￦¬©¥¨￦ ‫ڵ‬Ζ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦
³ªª­§©￦»¬­§¬￦»¥·￦´¹¶§¬¥·©¨￦·´©§­ª­§¥°°½￦­²￦¸¬©￦§©²¸©¶￦³ª￦ￓ¥¯¥¸­￦
￉­¸½￦­²￦³¶¨©¶￦¸³￦©¼´°³­¸￦­¸·￦§¥´­¸¥°￦«¥­²·￦´³¸©²¸­¥°Κ￦
ￕ»²©¶Ο³§§¹´­©¨￦´¶³´©¶¸­©·￦ ‫ڵ‬Ζ‫ڴڴں‬Ζ‫ڴڴڴ‬￦
￈¹­°¨­²«·￦ ³§§¹´­©¨￦ ¦½￦ ©±´°³½©©·Ζ￦ ­²§°¹¨­²«￦ ￓ·Κ￦ ￓ¹²¨¥￦ ￦ ¸¬©￦ ‫ڴںڻ‬Ζ‫ڴڴڴ‬￦
¥§§³¹²¸¥²¸Κ￦ ￚ¬©￦ ©±´°³½©©·￦ ´¥½·￦ ¶©²¸￦ ³²￦ ¸¬©￦ ¦¹­°¨­²«￦ ¸¬©½￦
³§§¹´­©¨￦
ￇ￦ ¦¹­°¨­²«￦ ³§§¹´­©¨￦ ¦½￦ ©±´°³½©©·Ζ￦ ¸¬©￦ ©±´°³½©©·￦ ¨³￦ ²³¸￦ ´¥½￦ ‫ڴڸڶ‬Ζ‫ڴڴڴ‬￦
±¥¶¯©¸￦¶©²¸￦³²￦¸¬©￦¦¹­°¨­²«￦¸¬©½￦³§§¹´­©¨Κ￦
ￇ￦ ¦¹­°¨­²«￦ ¸¬¥¸￦ ­·￦ ¬©°¨￦ ¹²¨©¶￦ ±­¼©¨￦ ¹·©Ή￦ half￦ ³ª￦ ­¸￦ ­·￦ ³»²©¶Ο ‫ڴںڼ‬Ζ‫ڴڴڴ‬￦
³§§¹´­©¨￦￦
ￇ￦´¶³´©¶¸½￦»¬©¶©­²￦·­«²­ª­§¥²¸￦¥²§­°°¥¶½￦·©¶º­§©·￦¥¶©￦´¶³º­¨©¨￦ ‫ڴںڽ‬Ζ‫ڴڴڴ‬￦
¸³￦³§§¹´¥²¸·￦
ￒ¥²¨￦¥²¨￦¦¹­°¨­²«￦°©¥·©¨￦¸³￦¥￦·¹¦·­¨­¥¶½￦ ‫ڶ‬Ζ‫ڴڴڵ‬Ζ‫ڴڴڴ‬￦
ￇ￦²©»￦±¥§¬­²©￦°©¥·©¨￦¸³￦¥²³¸¬©¶￦¥··³§­¥¸©￦¹²¨©¶￦¥²￦³´©¶¥¸­²«￦ ‫ڴڷڹ‬Ζ‫ڴڴڴ‬￦
°©¥·©￦
ￇ￦ ¦¹­°¨­²«￦ ¸¬¥¸￦ ­·￦ ¦©­²«￦ §³²·¸¶¹§¸©¨￦ ª³¶￦ ª¹¸¹¶©￦ ¹·©￦ ¥·￦ ‫ڴڻڼ‬Ζ‫ڴڴڴ‬￦
¥¨±­²­·¸¶¥¸­³²￦¦¹­°¨­²«Κ￦
ￚ³¸¥°￦ￖￖￋ￦ ￦ ￦ ￦ (B)￦ ‫ڽ‬Ζ‫ڴڶڵ‬Ζ‫ڴڴڴ‬￦

Question No. 3
ￇ￦´¶³´©¶¸½￦¸¬¥¸￦­·￦­²￦¸¬©￦´¶³§©··￦³ª￦§³²·¸¶¹§¸­³²￦ª³¶￦·¥°©￦ ‫ڴڹڽ‬Ζ‫ڴڴڴ‬￦
ￇ￦´¶³´©¶¸½￦­²¸©²¨©¨￦ª³¶￦·¥°©￦­²￦¸¬©￦³¶¨­²¥¶½￦§³¹¶·©￦³ª￦¦¹·­²©··￦ ‫ڴڹڸ‬Ζ‫ڴڴڴ‬￦
ￚ³¸¥°￦­²º©²¸³¶­©·￦ ￦ ￦ (C)￦ ‫ڵ‬Ζ‫ڴڴڸ‬Ζ‫ڴڴڴ‬￦

Question No. 4 (C) Question No. 5 (C)

SUMMARY OF ANSWERS:
1. D 2. B 3. C 4. C 5. C

201
Chapter 21: Investment Property

PROBLEM 21-2: Classification Issue

￦
Question No. 1 ￙©´¥¶¥¸©￦­ª￦´³¶¸­³²·￦§¥²￦¦©￦·³°¨￦or °©¥·©¨￦³¹¸￦·©´¥¶¥¸©°½Κ￦(C)

Question No. 2 (A)

Question No. 3 (B)

Question No. 4 (C)


PROBLEM 21-3: Ancillary services
￦

Question No. 1 (C) Question No. 2 (D)

￦
￦
PROBLEM 21-4: Intracompany rentals
￦

Question No. 1 (B) Question No. 2 (D)

￦
￦
PROBLEM 21-5: Initial measurement - Investment property leased under
finance lease
￦

ￒ³»©¶￦³ª￦ª¥­¶￦º¥°¹©￦³¶￦´¶©·©²¸￦º¥°¹©￦³ª￦±­²­±¹±￦°©¥·©￦´¥½±©²¸·Κ￦
￦

Suggested answer: (B)

￦
￦
PROBLEM 21-6: Subsequent measurement: Cost model vs Fair value model
￦

SUMMARY OF ANSWERS:
1. D 2. B 3. D 4. B 5. D 6. A
￦
￦
PROBLEM 21-7: Transfer from PPE to Investment Property Fair value vs
Cost model
￦

Question No. 1 (D)

ￔ³￦«¥­²￦³¶￦°³··￦­·￦¶©§³«²­¾©¨￦­ª￦¸¬©￦¸¶¥²·ª©¶￦­·￦±¥¨©￦¥¸￦§³·¸￦±³¨©°Κ￦
￦

Question No. 2 (D)

ￔ³￦«¥­²￦³¶￦°³··￦­·￦¶©§³«²­¾©¨￦­ª￦¸¬©￦¸¶¥²·ª©¶￦­·￦±¥¨©￦¥¸￦§³·¸￦±³¨©°Κ￦
￦
Question No. 3 and 4
ￌ¥­¶￦º¥°¹©￦¨¥¸©￦³ª￦¸¶¥²·ª©¶￦ ￦
ￒ©··Ό￦￉¥¶¶½­²«￦º¥°¹©￦ ￦ ￦ ‫ڴڼ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
￘©º¥°¹¥¸­³²￦·¹¶´°¹·￦ ￦ￕ￉ￏ￦ ‫ں‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦ ￚ¶¥²·ª©¶￦ ³ª￦ ¶©º¥°¹¥¸­³²￦ ·¹¶´°¹·￦ ¸³￦ ￘ϑￋ￦ ¥·￦ ¥￦ ¶©·¹°¸￦ ³ª￦ ￦
¶©§°¥··­ª­§¥¸­³²￦ ‫ں‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
202
Chapter 21: Investment Property

ￍ¥­²￦Ϯ°³··ϯ￦³²￦¸¶¥²·ª©¶￦ (D)￦ ￦
￦
￦

SUMMARY OF ANSWERS:
1. D 2. D 3. D 4. D
￦
￦
PROBLEM 21-8: Transfer from inventory to investment property Fair
value vs Cost model
￦

Question No. 1 (B)

￉³·¸
Ο￦ ￦ ‫ڶ‬Ζ‫ڴڴڻ‬Ζ‫ڴڴڴ‬￦
￦ ￦

ￒ³»©¶￦³ª￦§³·¸￦¥²¨￦²©¸￦¶©¥°­¾¥¦°©￦º¥°¹©￦ ￦
￦

Question No. 2 (B)

ￚ¬©￦­²­¸­¥°￦§¥¶¶½­²«￦¥±³¹²¸￦¹²¨©¶￦¸¬©￦²©»￦§°¥··­ª­§¥¸­³²￦­·￦¸¬©￦´¶©º­³¹·￦§¥¶¶½­²«￦
￦

Question No. 3 (D)
ￔ³￦«¥­²￦³¶￦°³··￦­·￦¶©§³«²­¾©¨￦­ª￦¸¬©￦¸¶¥²·ª©¶￦­·￦±¥¨©￦¥¸￦§³·¸￦±³¨©°Κ￦

Question No. 4 (A)
￦

Question No. 5 (A)
ￌ¥­¶￦º¥°¹©￦¥¸￦¸¬©￦¨¥¸©￦³ª￦¸¶¥²·ª©¶
ￒ©··Ό￦￉¥¶¶½­²«￦º¥°¹©￦ ‫ڶ‬Ζ‫ڴڴں‬Ζ‫ڴڴڴ‬￦
ￍ¥­²￦³²￦¸¶¥²·ª©¶￦ ￦

￦
PROBLEM 21-9: Derecognition of investment property Fair value vs Cost
Model
￦

Question No. 1
ￍ¶³··￦·©°°­²«￦´¶­§©
ￒ©··Ό￦ￊ­·´³·¥°￦§³·¸￦ ‫ڴڶڵ‬Ζ‫ڴڴڴ‬￦
ￔ©¸￦·©°°­²«￦´¶­§©￦ ‫ڶ‬Ζ‫ڴڻڼ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦￉¥¶¶½­²«￦º¥°¹©￦ ￦ ￦ ‫ڶ‬Ζ‫ڴڴڻ‬Ζ‫ڴڴڴ‬￦
ￍ¥­²￦³²￦·¥°© (D)￦
￦
Question No. 2
ￍ¶³··￦·©°°­²«￦´¶­§©￦ ￦
ￒ©··Ό￦ￊ­·´³·¥°￦§³·¸￦ ‫ڴڶڵ‬Ζ‫ڴڴڴ‬￦
ￔ©¸￦·©°°­²«￦´¶­§©￦ ‫ڶ‬Ζ‫ڴڻڼ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦￉¥¶¶½­²«￦º¥°¹©￦ ￦‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ڹڵڴڶ‬￦Ϯª¥­¶￦º¥°¹©ϯ￦ ‫ڶ‬Ζ‫ڴڹڸ‬Ζ‫ڴڴڴ‬
ￍ¥­²￦³²￦·¥°© (C)￦ ‫ڴڶڸ‬Ζ‫ڴڴڴ‬
203
‫‪Chapter 21: Investment Property‬‬

‫‪PROBLEM 21-10￦‬‬
‫‪￦‬‬

‫ ‪Question No. 1‬‬

‫‪￉³·¸￦‬‬ ‫‪￦‬‬
‫‪ￒ©··Ό￦￘©·­¨¹¥°￦º¥°¹©￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڴڴ‪Ζ‬ڵ‬
‫¸·‪ￊ©´¶©§­¥¦°©￦§³‬‬ ‫ڴڴڴ‪Ζ‬ڴڴڴ‪Ζ‬ڷڵ‬
‫‪ￊ­º­¨©¨￦¦½Ό￦ￛ·©ª¹°￦°­ª©￦‬‬ ‫‪￦½©¥¶·￦‬ڴڵ‬
‫‪ￇ²²¹¥°￦¨©´¶©§­¥¸­³²￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڴڷ‪Ζ‬ڵ‬
‫‪ￓ¹°¸­´°½￦¦½Ό￦ￓ³²¸¬·￦³¹¸·¸¥²¨­²«￦‬‬ ‫‪￦‬ڶڵ‪ϑ‬ڼ‬
‫‪￦‬ڶڵڴڶ‪ￊ©´¶©§­¥¸­³²￦ ￦‬‬ ‫‪￦‬‬ ‫‪(D)￦‬‬ ‫‪￦‬ڻںں‪Ζ‬ںںڼ‪￦￦‬‬
‫‪￦‬‬
‫ ‪Question No. 2‬‬
‫‪￦‬‬
‫‪ￏ±´¥­¶±©²¸￦°³··￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڼڸ‬
‫‪ￚ³¸¥°￦¥±³¹²¸￦¸³￦￙￉ￏ￦‬‬ ‫‪￦‬‬ ‫‪(A)￦‬‬ ‫‪￦‬‬
‫ ‬
‫ ‪Question No. 3‬‬
‫¸·‪￉³‬‬
‫‪ￇ§§¹±¹°¥¸©¨￦¨©´¶©§­¥¸­³²￦‬‬ ‫‪￦‬ڻںں‪Ζ‬ںںڸ‪Ζ‬ڷ‬
‫‪￉¥¶¶½­²«￦º¥°¹©Ζ￦¦©ª³¶©￦­±´¥­¶±©²¸￦‬‬ ‫‪￦‬ڷڷڷ‪Ζ‬ڷڷڹ‪Ζ‬ڴڵ‬
‫‪ￏ±´¥­¶±©²¸￦°³··￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڼڸ‬
‫ڸڵڴڶ‪ϑ‬ڵڷ‪ϑ‬ڶڵ ‪￉¥¶¶½­²«￦º¥°¹©Ζ￦¥ª¸©¶￦­±´¥­¶±©²¸￦Ο‬‬ ‫ڷڷڷ‪Ζ‬ڷڹڴ‪Ζ‬ڴڵ‬
‫‪ￒ©··Ό￦￘©·­¨¹¥°￦º¥°¹©￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڴڴ‪Ζ‬ڵ‬
‫‪ￊ©´¶©§­¥¦°©￦¥±³¹²¸￦‬‬ ‫‪￦‬ڷڷڷ‪Ζ‬ڷڹڴ‪Ζ‬ڽ‬
‫‪ϯ￦‬ڶڷ‪￦ ￦‬ڴڶڵ‪ￊ­º­¨©￦¦½Ό￦￘©±¥­²­²«￦¹·©ª¹°￦°­ª©￦Ϯ‬‬ ‫‪￦±³²¸¬·￦‬ڼڼ‬
‫·¬¸‪ￓ¹°¸­´°½￦¦½Ό￦ￔ¹±¦©¶￦³ª￦±³²‬‬ ‫ڶڵ‬
‫‪ Ϯ¸³￦￙￉ￏϯ￦‬ڹڵڴڶ‪ￊ©´¶©§­¥¸­³²￦ ￦‬‬ ‫)‪(B‬‬ ‫ڹڸڹ‪Ζ‬ڸڷڶ‪Ζ‬ڵ‬
‫ ‬
‫ ‪Question No. 4‬‬
‫‪￉³·¸￦‬‬ ‫‪￦‬‬
‫‪ￇ§§¹±¹°¥¸©¨￦¨©´¶©§­¥¸­³²￦‬‬ ‫‪￦‬ڻںں‪Ζ‬ںںڸ‪Ζ‬ڷ‬
‫¸‪￉¥¶¶½­²«￦º¥°¹©Ζ￦¦©ª³¶©￦­±´¥­¶±©²‬‬ ‫ڷڷڷ‪Ζ‬ڷڷڹ‪Ζ‬ڴڵ‬
‫‪ￏ±´¥­¶±©²¸￦°³··￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڼڸ‬
‫‪￦‬ڸڵڴڶ‪ϑ‬ڵڷ‪ϑ‬ڶڵ‪￉¥¶¶½­²«￦º¥°¹©Ζ￦¥ª¸©¶￦­±´¥­¶±©²¸￦Ο￦‬‬ ‫‪￦‬ڷڷڷ‪Ζ‬ڷڹڴ‪Ζ‬ڴڵ‬
‫ڹڵڴڶ‪ￊ©´¶©§­¥¸­³²￦Ο￦‬‬ ‫‪Ο￦‬‬ ‫‪￦‬‬ ‫‪￦‬ڹڸڹ‪Ζ‬ڸڷڶ‪Ζ‬ڵ‬
‫ںڵڴڶ‪ￊ©´¶©§­¥¸­³²￦ ￦‬‬ ‫‪Ο‬‬ ‫‪￦‬‬ ‫ڼڼڻ‪Ζ‬ڼڶڴ‪Ζ‬ڵ‬
‫ںڵڴڶ‪ϑ‬ڵڷ‪ϑ‬ڴڵ‪￉¥¶¶½­²«￦º¥°¹©Ζ￦‬‬
‫ ‬
‫‪￦‬ںڵڴڶ‪ￊ©´¶©§­¥¸­³²￦ ￦‬‬ ‫‪Ο￦‬‬ ‫‪￦‬‬ ‫‪￦‬ڼڼڻ‪Ζ‬ڼڶڴ‪Ζ‬ڵ‬
‫‪ϯ￦‬ڴڴڴ‪Ζ‬ڴڽڻ‪Ζ‬ڻ ‪￦Ο￦‬ڴڴڴ‪Ζ‬ڴڹڴ‪Ζ‬ڴڵ ‪ￍ¥­²￦³²￦¸¶¥²·ª©¶￦Ϯ‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴںڶ‪Ζ‬ڶ‬
‫‪ￛ²¶©¥°­¾©¨￦ «¥­²￦ Ο￦‬‬ ‫‪Ο￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڹڽ‬
‫‪ϯ￦‬ڴڴڴ‪Ζ‬ڴڹڴ‪Ζ‬ڴڵ‬
‫‪ￚ³¸¥°￦¥±³¹²¸￦¸³￦￙￉ￏ‬‬ ‫ ‬ ‫)‪(A‬‬
‫ ‬
‫ ‬ ‫ ‬

‫‪204‬‬
Chapter 21: Investment Property

Question No. 5
ￌ¥­¶￦º¥°¹©￦Ο￦‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ڻڵڴڶ‬￦
ￌ¥­¶￦º¥°¹©￦Ο￦‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ںڵڴڶ‬￦ ‫ڵڵ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
ￍ¥­²￦³²￦§¬¥²«©￦­²￦ª¥­¶￦º¥°¹©￦ (B)￦ ￦￦￦￦‫ڴڹڸ‬Ζ‫ڴڴڴ‬￦

Question No. 6
￘©§°¥··­ª­§¥¸­³²￦°³··Ό￦
￦￦ￌ¥­¶￦º¥°¹©￦Ο￦‫ڹڴ‬ϑ‫ڵڴ‬ϑ‫ڼڵڴڶ‬ ￦￦‫ڽ‬Ζ‫ڴڴڹ‬Ζ‫ڴڴڴ‬￦
￦￦￉¥¶¶½­²«￦º¥°¹©Ζ￦‫ڹڴ‬ϑ‫ڵڴ‬ϑ‫ڼڵڴڶ‬￦ ‫ڵڵ‬Ζ‫ڴڹڸ‬Ζ‫ڴڴڴ‬￦ ￦
ￊ©´¶©§­¥¸­³²￦Ο￦‫ڼڵڴڶ‬￦ Ο￦ ￦ ‫ڶ‬Ζ‫ڶڶڷ‬Ζ‫ڶڶڶ‬￦
ￚ³¸¥°￦ ￦ ￦ ￦ (A)￦ ￦


PROBLEM 21-11 Various investments

No. of Cost per Total

Date shares share Cost
‫ڵ‬ϑ‫ڵ‬￦ ‫ڴڵ‬Ζ‫ڴڴڴ‬￦ ‫ڵڶ‬￦ ￦￦‫ڴڵڶ‬Ζ‫ڴڴڴ‬￦
‫ڷ‬ϑ‫ڵ‬￦·¸³§¯￦·´°­¸￦￦ ‫ڹڵ‬Ζ‫ڴڴڴ‬￦ ￦ Ο￦
ￚ³¸¥°￦Ϯ‫ڴڵ‬Ζ‫ڴڴڴ‬￦¼￦‫ڹ‬ϑ‫ڶ‬ϯ￦ ‫ڹڶ‬Ζ‫ڴڴڴ‬￦ ‫ڼ‬Κ‫ڸ‬￦ ￦￦‫ڴڵڶ‬Ζ‫ڴڴڴ‬￦
‫ڵڵ‬ϑ‫ڵ‬￦ ￙´©§­¥°￦ ¥··©··±©²¸￦ Ϯ ‫ڵ‬Κ‫ڴں‬￦ ¼￦
‫ڹڶ‬Ζ‫ڴڴڴ‬ϯ￦ ￦ ￦ ‫ڴڸ‬Ζ‫ڴڴڴ‬￦
ￚ³¸¥°￦ 25,000 ‫ڴڵ‬￦ ￦￦‫ڴڹڶ‬Ζ‫ڴڴڴ‬￦
￦
Question No. 1
￦ ‫ڹڻڷ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦￉¥¶¶½­²«￦º¥°¹© ‫ڴڹڶ‬Ζ‫ڴڴڴ‬￦
ￛ²¶©¥°­¾©¨￦«¥­²Οￕ￉ￏ￦ ￦ ￦ (D)￦ ‫ڹڶڵ‬Ζ‫ڴڴڴ‬￦
￦
Question No. 2
￈¶ ￦¹²¨©¶￦ Ϯ ‫ڴڵ‬Ζ‫ڴڴڴ‬ϯ￦
ￕ´©¶¥¸­²«￦©¼´©²·©￦³º©¶Ζ￦ￔￏ￦¹²¨©¶￦Ϯ ‫ڵ‬Κ‫ڴں‬￦¼￦‫ڹڶ‬Ζ‫ڴڴڴ‬￦·¬¥¶©·ϯ Ϯ‫ڴڸ‬Ζ‫ڴڴڴ‬ϯ￦
ￔ©¸￦­²§³±©￦¹²¨©¶·¸¥¸©¨￦ ￦ ￦ (B)￦ Ϯ ‫ڴڹ‬Ζ‫ڴڴڴ‬ϯ￦

Question No. 3
ￔ©¸￦­²§³±©￦³ª￦¥··³§­¥¸©￦ ‫ڷ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
ￓ¹°¸­´°½￦¦½Ό￦ￖ©¶§©²¸¥«©￦³ª￦³»²©¶·¬­´￦ ‫ܫڴڷ‬￦
￙¬¥¶©￦­²￦¸¬©￦²©¸￦­²§³±©￦¦©ª³¶©￦¥¨®¹·¸±©²¸￦ ‫ڴڴڽ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦ￛ²¶©¥°­¾©¨￦«¥­²￦³²￦¨³»²·¸¶©¥±￦·¥°©￦³ª￦ￖￖￋ￦ ‫ڴڶڷ‬Ζ‫ڴڴڴ‬￦
Ο￦ ‫ڸ‬ϑ‫ڹ‬σ￦
ￒ©··Ό￦ ￛ²¶©¥°­¾©¨￦ ´¶³ª­¸￦ ³²￦ ¹´·¸¶©¥±￦ ·¥°©￦ ³ª￦ ­²º©²¸³¶½￦ ￦
￦ ‫ڴڷ‬Ζ‫ڴڴڴ‬￦
￙¬¥¶©￦­²￦¸¬©￦²©¸￦­²§³±©￦¥ª¸©¶￦¥¨®¹·¸±©²¸￦ (C)￦ ￦￦‫ڴڹڹ‬Ζ‫ڴڴڴ‬￦
￦

205
Chapter 21: Investment Property

Question No. 4
￉³·¸￦³ª￦ￏ²º©·¸±©²¸￦ ‫ڵڴ‬ϑ‫ڵڴ‬ϑ‫ڼڵڴڶ‬￦ ‫ڸ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
ￇ¨¨Ό￦ￔ©¸￦­²º©·¸±©²¸￦­²§³±©￦Ο￦‫ڼڵڴڶ‬￦Ϯ·©©￦ￔ³Κ￦‫ڷ‬ϯ￦ ‫ڴڹڹ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦ￊ­º­¨©²¨·￦¶©§©­º©¨￦Ο‫ڼڵڴڶ‬￦Ϯ‫ܫڴڷ‬￦¼￦ ‫ڴڴڼ‬Ζ‫ڴڴڴ‬ϯ￦ ‫ڴڸڶ‬Ζ‫ڴڴڴ‬￦
ￇ¨¨Ό￦￙¬¥¶©￦­²￦¸¬©￦¸¶¥²·°¥¸­³²￦«¥­²￦Ϯ‫ܫڴڷ‬￦¼￦ ‫ڵ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬ϯ ‫ڴڴڷ‬Ζ‫ڴڴڴ‬￦
￉¥¶¶½­²«￦º¥°¹©￦ ‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ڼڵڴڶ‬￦ ￦ (B)￦ ‫ڸ‬Ζ‫ڴڵں‬Ζ‫ڴڴڴ‬￦
￦
Question No. 5
￉³·¸￦³ª￦ￏ²º©·¸±©²¸￦ ￦‫ڵڴ‬ϑ‫ڵڴ‬ϑ‫ڼڵڴڶ‬￦ ‫ڸ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
ￇ¨¨Ό￦ￔ©¸￦­²º©·¸±©²¸￦­²§³±©￦Ο￦‫ڼڵڴڶ‬￦Ϯ·©©￦ￔ³Κ￦‫ڷ‬ϯ￦ ‫ڴڹڹ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦ￊ­º­¨©²¨·￦¶©§©­º©¨￦Ο‫ ڼڵڴڶ‬Ϯ‫ܫڴڷ‬￦¼￦ ‫ڴڴڼ‬Ζ‫ڴڴڴ‬ϯ ‫ڴڸڶ‬Ζ‫ڴڴڴ‬￦
ￇ¨¨Ό￦￙¬¥¶©￦­²￦¸¬©￦¸¶¥²·°¥¸­³²￦«¥­²￦Ϯ‫ܫڴڷ‬￦¼￦ ‫ڵ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬ϯ￦ ‫ڴڴڷ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦ￇ±³¶¸­¾¥¸­³²￦³ª￦«³³¨»­°°￦Ϯ ‫ڴڴڶ‬Ζ‫ڴڴڴ‬ϑ‫ڴڵ‬ϯ￦ ‫ڴڶ‬Ζ‫ڴڴڴ‬￦
￉¥¶¶½­²«￦º¥°¹©￦ ￦‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ڼڵڴڶ‬￦ ￦ (C)￦ ‫ڸ‬Ζ‫ڴڽڹ‬Ζ‫ڴڴڴ‬￦
￦

Note:￦ ￛ²¨©¶￦ ￖￌ￘￙￦ª³¶￦￙ￓￋ·Ζ￦ￏ²¸¥²«­¦°©￦ￇ··©¸·￦ ¥²¨￦ￍ³³¨»­°°￦ ­·￦ ¥±³¶¸­¾©¨￦³º©¶￦

¸¬©­¶￦ ¹·©ª¹°￦ °­ª©Κ￦ ￏª￦ ¥²￦ ©²¸­¸½￦ §¥²²³¸￦ ¨©¸©¶±­²©￦ ¶©°­¥¦°½￦ ¸¬©￦ ¹·©ª¹°￦ °­ª©Ζ￦ ­¸￦ ­·￦
¥··¹±©¨￦¸³￦¦©￦‫ڴڵ‬￦½©¥¶·Κ￦
￦
Question No. 6
ￌ¥­¶￦º¥°¹©￦³ª￦¦¹­°¨­²«￦ￇ￦ ‫ڵ‬Ζ‫ڴڴڹ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦￉¥¶¶½­²«￦º¥°¹©￦ ‫ڵ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
ￛ²¶©¥°­¾©¨￦«¥­²￦Ο￦ￖ̲ￒ￦ ￦ (B)￦ ￦￦￦‫ڴڴڹ‬Ζ‫ڴڴڴ‬￦
￦
SUMMARY OF ANSWERS:
1. D 2. B 3. C 4. B 5. C 6. B

206
Chapter 23: Intangible Assets

CHAPTER 23: INTANGIBLE ASSETS

￦
PROBLEM 23-1 Research and Development Cost
￦

R&D Others
￉³·¸￦³ª￦¥§¸­º­¸­©·￦¥­±©¨￦¥¸￦³¦¸¥­²­²«￦²©»￦¯²³»°©¨«©￦ ‫ڴڴڻ‬Ζ‫ڴڴڴ‬￦ Ο￦
ￓ¥¶¯©¸­²«￦¶©·©¥¶§¬￦¸³￦·¸¹¨½￦§³²·¹±©¶￦¸¥·¸©·￦ Ο￦ ‫ںڵ‬Ζ‫ڴڴڴ‬
￉³·¸￦ ³ª￦ ¨©º©°³´­²«￦ ¥²¨￦ ´¶³¨¹§­²«￦ ¥￦ ´¶³¸³¸½´©￦
±³¨©°￦ ‫ڷڶ‬Ζ‫ڴڴڴ‬￦ Ο￦
￉³·¸￦ ³ª￦ ¸©·¸­²«￦¸¬©￦´¶³¸³¸½´©￦ ±³¨©°￦ ª³¶￦·¥ª©¸½￦ ¥²¨￦
©²º­¶³²±©²¸¥°￦ª¶­©²¨°­²©··￦ ‫ڴڼ‬Ζ‫ڴڴڴ‬￦ Ο￦
￉³·¸￦ ¶©º­·­²«￦ ¨©·­«²·￦ ª³¶￦ ª°¥»·￦ ­²￦ ¸¬©￦ ´¶³¸³¸½´©￦
±³¨©°￦ ‫ڹڵ‬Ζ‫ڴڴڴ‬￦ Ο￦
￙¥°¥¶­©·￦³ª￦©±´°³½©©·Ζ￦§³²·¹°¸¥²¸·Ζ￦¥²¨￦¸©§¬²­§­¥²·￦
­²º³°º©¨￦­²￦￘̲ￊ￦ ‫ڴڶڵ‬Ζ‫ڴڴڴ‬￦ Ο￦
ￇ±³¹²¸￦´¥­¨￦ª³¶￦§³²ª©¶©²§©￦ª³¶￦¸¬©￦­²¸¶³¨¹§¸­³²￦³ª￦
¸¬©￦ ²©»°½￦ ¨©º©°³´©¨￦ ´¶³¨¹§¸￦ ­²§°¹¨­²«￦ ª©©￦ ³ª￦ ¥￦
±³¨©°￦¬­¶©¨￦¥·￦©²¨³¶·©¶￦ Ο￦ ‫ڶڴڵ‬Ζ‫ڴڴڴ‬￦
ￇ¨º©¶¸­·­²«￦ ¸³￦ ©·¸¥¦°­·¬￦ ¶©§³«²­¸­³²￦ ³ª￦ ¸¬©￦ ²©»°½￦
¨©º©°³´©¨￦´¶³¨¹§¸￦ Ο￦ ‫ڷڸ‬Ζ‫ڴڴڴ‬￦
￉³·¸￦ ­²§¹¶¶©¨￦ ³²￦ ·©¥¶§¬￦ ª³¶￦ ¥°¸©¶²¥¸­º©·￦ ª³¶￦
±¥¸©¶­¥°·Ζ￦¨©º­§©·Ζ￦´¶³¨¹§¸·Ζ￦´¶³§©··©·Ζ￦·½·¸©±·￦³¶￦
·©¶º­§©·￦ ‫ڴڷ‬Ζ‫ڴڴڴ‬￦ Ο￦
￉³·¸￦³ª￦ª­²¥°￦·©°©§¸­³²￦³ª￦´³··­¦°©￦¥°¸©¶²¥¸­º©·￦ª³¶￦¥￦
²©»￦´¶³§©··￦ ‫ںڽ‬Ζ‫ڴڴڴ‬￦ Ο￦
ￖ©¶­³¨­§￦ ³¶￦ ¶³¹¸­²©￦ ¨©·­«²￦ §¬¥²«©·￦ ¸³￦ ©¼­·¸­²«￦
´¶³¨¹§¸·￦￦ Ο￦ ‫ڶ‬Ζ‫ڴڴڹ‬￦
ￓ³¨­ª­§¥¸­³²￦³ª￦¨©·­«²￦ª³¶￦¥￦·´©§­ª­§￦§¹·¸³±©¶￦ Ο￦ ‫ڴڵ‬Ζ‫ڴڴڴ‬￦
￉³·¸￦³ª￦¨©·­«²Ζ￦§³²·¸¶¹§¸­³²￦¥²¨￦³´©¶¥¸­³²￦³ª￦¥￦´­°³¸￦
´°¥²¸￦¸¬¥¸￦­·￦²³¸￦³ª￦¥￦·§¥°©￦©§³²³±­§¥°°½￦ª©¥·­¦°©￦ª³¶￦
§³±±©¶§­¥°￦´¶³¨¹§¸­³²￦ ‫ڹ‬Ζ‫ڴڴڴ‬￦ Ο￦
￉³·¸￦ ³ª￦ ¶³¹¸­²©Ζ￦ ·©¥·³²¥°Ζ￦ ¥²¨￦ ´©¶­³¨­§￦ ¨©·­«²￦ ³ª￦
¸³³°·Ζ￦®­«·Ζ￦±³°¨·￦¥²¨￦¨­©·￦ Ο￦ ‫ڼڵ‬Ζ‫ڴڴڴ‬￦
￉³·¸￦ ³ª￦ µ¹¥°­¸½￦ §³²¸¶³°￦ ¨¹¶­²«￦ §³±±©¶§­¥°￦
´¶³¨¹§¸­³²￦ Ο￦ ‫ڶڷ‬Ζ‫ڴڴڴ‬￦
￉³·¸￦ ³ª￦ ´¹¶§¬¥·©¨￦ ¦¹­°¨­²«￦ ¸³￦ ¦©￦ ¹·©¨￦ ­²￦ º¥¶­³¹·￦
￘̲ￊ￦´¶³®©§¸·￦ Ο￦ ‫ڵ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
ￊ©´¶©§­¥¸­³²￦³²￦¸¬©￦¦¹­°¨­²«￦¨©·§¶­¦©¨￦¥¦³º©￦ ‫ڴڴڵ‬Ζ‫ڴڴڴ‬￦ Ο￦
ￖ©¶·³²²©°￦§³·¸·￦³ª￦´©¶·³²·￦­²º³°º©¨￦­²￦¶©·©¥¶§¬￦¥²¨￦
¨©º©°³´±©²¸￦´¶³®©§¸·￦ ‫ڵڸ‬Ζ‫ڴڴڶ‬￦ Ο￦
ￊ©·­«²Ζ￦ §³²·¸¶¹§¸­³²Ζ￦ ¥²¨￦¸©·¸­²«￦ ³ª￦´¶©´¶³¨¹§¸­³²￦
´¶³¸³¸½´©·￦¥²¨￦±³¨©°·￦ ‫ںڽ‬Ζ‫ڴڴڴ‬￦ Ο￦
ￇ¨®¹·¸©¨￦¦¥°¥²§©·￦ 1,306,200 ‫ڵ‬Ζ‫ڷڶڶ‬Ζ‫ڴڴڹ‬￦
(A)
￦

207
Chapter 23: Intangible Assets

PROBLEM 23-2 Research and Development

2016 2017 2018
￉³·¸￦Ϯ§¹±¹°¥¸­º©ϯ￦ ‫ڴڸ‬Ζ‫ڴڴڴ‬Є￦ ￦ ‫ڴڸڵ‬Ζ‫ڴڴڴ‬￦ ￦ ‫ڴڸڶ‬Ζ‫ڴڴڴ‬￦
￘©§³º©¶¥¦°©￦¥±³¹²¸￦ ‫ڴڽ‬Ζ‫ڴڴڴ‬￦ ￦ ‫ڴڵڵ‬Ζ‫ڴڴڴ‬￦ ￦ ‫ڴڹڶ‬Ζ‫ڴڴڴ‬￦
ￏ±´¥­¶±©²¸￦°³··￦ Ο￦ ￦ ‫ڴڷ‬Ζ‫ڴڴڴ‬￦ ￦ Ο￦

* ￦

ￛ²¨©¶￦ￖￇ￙￦‫ںڷ‬Ζ￦­²¸¥²«­¦°©￦¥··©¸·￦¸¬¥¸￦¥¶©￦²³¸￦½©¸￦¦¶³¹«¬¸￦¸³￦¹·©￦·¬³¹°¨￦¦©￦¸©·¸©¨￦
ª³¶￦ ­±´¥­¶±©²¸￦ ¥²²¹¥°°½Κ￦ ￚ¬©¶©ª³¶©Ζ￦ ¸¬©￦ §¥¶¶½­²«￦ º¥°¹©￦ ³ª￦ ¸¬©￦ ­²¸¥²«­¦°©￦ ¥··©¸￦
¥ª¸©¶￦­±´¥­¶±©²¸￦­·￦¥·￦ª³°°³»·Ό￦
2016 2017 2018
￉³·¸￦Ϯ§¹±¹°¥¸­º©ϯ￦ ‫ڴڸ‬Ζ‫ڴڴڴ‬￦ ￦ ‫ڴڵڵ‬Ζ‫ڴڴڴ‬￦ ￦ ‫ڴڸڶ‬Ζ‫ڴڴڴ‬￦ (C)
￦
￦
PROBLEM 23-3 Research and Development
￦

Question No. 1
￙¹¦·©µ¹©²¸￦©¼´©²¨­¸¹¶©￦³² research￦ ￦
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Question No. 2
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￦ ‫ڴڼڶ‬Ζ‫ڴڴڴ‬￦
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PROBLEM 23-4 Issuance of Treasury Shares￦
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°­¯©￦ ¥²￦ ­··¹¥²§©￦ ª¶³±￦ ¹²­··¹©¨￦ ·¬¥¶©·Κ￦ ￎ©²§©Ζ￦ ¸¬©￦ ¸¶¥²·¥§¸­³²￦ ·¬³¹°¨￦ ¦©￦
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‫ڵ‬Κ ￌ¥­¶￦º¥°¹©￦³ª￦¥··©¸￦¶©§©­º©¨￦
‫ڶ‬Κ ￌ¥­¶￦º¥°¹©￦³ª￦·¬¥¶©·￦Ϯ­Κ©ΚΖ￦¸¶©¥·¹¶½￦·¬¥¶©·ϯ￦­··¹©¨￦
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￉³·¸￦Ϯ ‫ڴڵڵ‬￦¼￦‫ڶ‬Ζ‫ڴڴڴ‬ϯ￦‫ܥ‬￦ 220,000￦ (D)￦

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208
Chapter 23: Intangible Assets

PROBLEM 23-5 Change in Estimate￦

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￉³·¸￦³ª￦¸¬©￦ￖ¥¸©²¸ ‫ڴڴڷ‬Ζ‫ڴڴڴ‬￦
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￉¥¶¶½­²«￦º¥°¹©Ζ￦‫ڵ‬ϑ‫ڵ‬ϑ‫ڻڵڴڶ‬￦ ‫ڴںڶ‬Ζ‫ڴڴڴ‬￦
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PROBLEM 23-6 Trademark
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￙­²§©￦ ¸¬©￦ ¸¶¥¨©±¥¶¯￦ ­·￦ §³²·­¨©¶©¨￦ ¸³￦ ¬¥º©￦ ¥²￦ ­²¨©ª­²­¸©￦ ¹·©ª¹°￦ °­ª©Ζ￦ ­¸￦ ­·￦ ³²°½￦
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PROBLEM 23-7 Franchise￦
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ￊ³»²Ο´¥½±©²¸￦ ‫ڶ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
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PROBLEM 23-8 Leasehold Improvement￦
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￉³·¸￦³ª￦¸¬©￦­±´¶³º©±©²¸￦ ‫ڶ‬Ζ‫ڴڹڶ‬Ζ‫ڴڴڴ‬￦
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￉¥¶¶½­²«￦º¥°¹©￦ ￦‫ڶڵ‬ϑ‫ڵڷ‬￦ ￦ ￦ (B)￦ ‫ڶ‬Ζ‫ڹڶڴ‬Ζ‫ڴڴڴ‬￦
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PROBLEM 23-9 Goodwill￦
￦

Net income Net assets

‫ںڵڴڶ‬￦ ‫ڵ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦ ‫ڷ‬Ζ‫ڴڴڽ‬Ζ‫ڴڴڴ‬￦
‫ڻڵڴڶ‬￦ ‫ڵ‬Ζ‫ڴڹڶ‬Ζ‫ڴڴڴ‬￦ ‫ڸ‬Ζ‫ڴڹڷ‬Ζ‫ڴڴڴ‬￦
‫ڼڵڴڶ‬￦ ‫ڵ‬Ζ‫ڴڹڽ‬Ζ‫ڴڴڴ‬￦ ‫ڸ‬Ζ‫ڴڴڹ‬Ζ‫ڴڴڴ‬￦
ￚ³¸¥°￦ ‫ڸ‬Ζ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦ ‫ڶڵ‬Ζ‫ڴڹڻ‬Ζ‫ڴڴڴ‬￦
ￊ­º­¨©￦¦½Ό￦ￔ¹±¦©¶￦³ª￦´©¶­³¨·￦ ‫ڷ‬￦ ‫ڷ‬￦
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ￒ©··Ό￦ￔ³¶±¥°￦©¥¶²­²«·￦Ϯ ‫ڸ‬Ζ‫ڴڹڶ‬Ζ‫ڴڴڴ‬￦¼￦‫ܫڴڶ‬ϯ￦ ‫ڴڹڼ‬Ζ‫ڴڴڴ‬￦
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209
Chapter 23: Intangible Assets

ￍ³³¨»­°°￦ ‫ڶ‬Ζ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦
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PROBLEM 23-10 Internally Developed Computer Software Cost￦
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Question No. 1
ￕ¸¬©¶￦ §³¨­²«￦ §³·¸·￦ ¥ª¸©¶￦ ©·¸¥¦°­·¬±©²¸￦ ³ª￦ ¸©§¬²³°³«­§¥°￦
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Question No. 2
ￊ¹´°­§¥¸­³²￦ ³ª￦ §³±´¹¸©¶￦ ·³ª¸»¥¶©￦ ¥²¨￦ ¸¶¥­²­²«￦ ±¥¸©¶­¥°·￦ ª¶³±￦
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ￖ¥§¯¥«­²«￦´¶³¨¹§¸￦ ‫ڴڹڶ‬Ζ‫ڴڴڴ‬￦
ￚ³¸¥°￦ￏ²º©²¸³¶­¥¦°©￦￉³·¸￦ ￦ ￦ (A)￦ ‫ڵ‬Ζ‫ڴڹڻ‬Ζ‫ڴڴڴ‬￦
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Question No. 3
ￚ³¸¥°￦￙³ª¸»¥¶©￦￉³·¸ ‫ڷ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
ￓ¹°¸­´°½￦¦½Ό￦Ϯ ‫ڴڵ‬ￓ￦ϑ￦ ‫ڴڸ‬ￓϯ￦ ‫ܫڹڶ‬￦
ￇ±³¶¸­¾¥¸­³²￦ ￦ ￦ ￦ (A)￦ ￦￦￦‫ڴڹڻ‬Ζ‫ڴڴڴ‬￦
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SUMMARY OF ANSWERS:
1. A 2. A 3. A
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PROBLEM 23-11 Purchased computer software￦
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ￇ¨¨Ό￦￉¹·¸³±­¾¥¸­³²￦§³·¸￦Ϯ ￦ ‫ڹڷڵ‬Ζ‫ڴڴڴ‬￦
￦￦￦￦￦￦￦￦￦ ￦ ‫ڻڷ‬Ζ‫ڴڴڴ‬￦
ￇ±³¶¸­¾¥¸­³² ￦ ￦ (D)￦ ￦￦‫ڶڶڻ‬Ζ‫ڴڴڴ‬￦
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PROBLEM 23-12 Website Cost￦
￦

Question No. 1
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Question No. 2
ￕ¦¸¥­²­²«￦¥￦¨³±¥­²￦²¥±©￦ ‫ڶڷ‬Ζ‫ڴڴڴ‬￦
ￏ²·¸¥°°­²«￦¨©º©°³´©¨￦¥´´°­§¥¸­³²·￦³²￦¸¬©￦»©¦￦·©¶º©¶￦ ‫ڴڼ‬Ζ‫ڴڴڴ‬￦

210
Chapter 23: Intangible Assets

￙¸¶©··￦¸©·¸­²«￦ ‫ڶڵ‬Ζ‫ڴڴڴ‬￦
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PROBLEM 23-13 Renewable Rights
￦

Question No. 1
ￇ·￦ ¸¬©￦ §³·¸·￦ ¥··³§­¥¸©¨￦ »­¸¬￦ ¸¬©￦ ¶©²©»¥°￦ ¥¶©￦ ­²·­«²­ª­§¥²¸Ζ￦ ¸¬©￦ ¥··©¸￦ ±¹·¸￦ ¦©￦
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Question No. 2
ￇ·￦¸¬©￦§³·¸·￦¥··³§­¥¸©¨￦»­¸¬￦¸¬©￦¶©²©»¥°￦¥¶©￦·­«²­ª­§¥²¸Ζ￦¥²¨￦¥°±³·¸￦©µ¹¥°­²«￦¸¬©￦
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ￇ°¸¬³¹«¬￦¸¬©￦©²¸­¸½￦­²¸©²¨·￦¸³￦¶©²©»￦¸¬©￦°­§©²·©Ζ￦¸¬©￦¶©²©»©¨￦°­§©²·©Ζ￦»¬©²￦­¸￦­·￦
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COMPREHENSIVE PROBLEMS
PROBLEM 23-14￦Goodwill Computation￦
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￉¹¶¶©²¸￦ￇ··©¸·￦Ϯ ‫ں‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦‫ܩ‬￦ ‫ڴڴڼ‬Ζ‫ڴڴڴ‬ϯ￦ ‫ں‬Ζ‫ڴڴڼ‬Ζ‫ڴڴڴ‬

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ￔ³¶±¥°￦©¥¶²­²«·￦ ‫ڵ‬Ζ‫ڹںڻ‬Ζ‫ڴڴڴ‬￦
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ￚ³¸¥°￦©¥¶²­²«·￦ ‫ڽ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
ￒ³··￦³²￦·¥°©￦Ϯ³¶￦ￍ¥­²ϯ￦³²￦·¥°©￦ Ϯ‫ڴڴڵ‬Ζ‫ڴڴڴ‬ϯ
￈³²¹·￦Ϯ ‫ڴڹڵ‬Ζ‫ڴڴڴ‬￦¼￦‫©½ڸ‬¥¶·ϯ￦ ‫ڴڴں‬Ζ‫ڴڴڴ‬￦
ￕ´©¶¥¸­²«￦­²§³±©￦ ‫ڽ‬Ζ‫ڴڴڹ‬Ζ‫ڴڴڴ‬￦
ￊ­º­¨©￦¦½Ό￦ￔ³Κ￦³ª￦½©¥¶·￦ ‫ڸ‬￦
ￇº©¶¥«©￦©¥¶²­²«· ‫ڶ‬Ζ‫ڹڻڷ‬Ζ‫ڴڴڴ‬
211
Chapter 23: Intangible Assets

Question No. 1
ￇº©¶¥«©￦©¥¶²­²«· ‫ڶ‬Ζ‫ڹڻڷ‬Ζ‫ڴڴڴ‬
ￒ©··Ό￦ￔ³¶±¥°￦©¥¶²­²«￦ ‫ڵ‬Ζ‫ڹںڻ‬Ζ‫ڴڴڴ‬￦
ￇº©¶¥«©￦©¼§©··￦©¥¶²­²«·￦ ‫ڴڵں‬Ζ‫ڴڴڴ‬￦
ￓ¹°¸­´°½￦¦½Ό￦￉¥´­¸¥°­¾¥¸­³²￦´©¶­³¨￦ ‫ڸ‬￦
ￍ³³¨»­°°￦ ￦ ￦ ￦ (A)￦ ‫ڶ‬Ζ‫ڴڸڸ‬Ζ‫ڴڴڴ‬￦
ￇ¨¨Ό￦ￌ¥­¶￦º¥°¹©￦³ª￦²©¸￦¥··©¸￦¥§µ¹­¶©¨ ‫ڻڵ‬Ζ‫ڴڹں‬Ζ‫ڴڴڴ‬
ￖ¹¶§¬¥·©￦´¶­§©￦ ￦ ￦ ￦ (A)￦ ‫ڴڶ‬Ζ‫ڴڽڴ‬Ζ‫ڴڴڴ‬￦

Question No. 2
ￇº©¶¥«©￦©¥¶²­²«·￦ ‫ڶ‬Ζ‫ڹڻڷ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦ￔ³¶±¥°￦©¥¶²­²« ‫ڵ‬Ζ‫ڹںڻ‬Ζ‫ڴڴڴ‬
ￇº©¶¥«©￦©¼§©··￦©¥¶²­²«·￦ ‫ڴڵں‬Ζ‫ڴڴڴ‬
ￊ­º­¨©￦¦½Ό￦￉¥´­¸¥°­¾¥¸­³²￦¶¥¸©￦ ‫ܫڴڵ‬￦
ￍ³³¨»­°°￦ ￦ ￦ ￦ (B)￦ ‫ں‬Ζ‫ڴڴڵ‬Ζ‫ڴڴڴ‬￦
ￇ¨¨Ό￦ￌ¥­¶￦º¥°¹©￦³ª￦²©¸￦¥··©¸￦¥§µ¹­¶©¨ ‫ڻڵ‬Ζ‫ڴڹں‬Ζ‫ڴڴڴ‬
ￖ¹¶§¬¥·©￦´¶­§©￦ ￦ ￦ (B) ‫ڷڶ‬Ζ‫ڴڹڻ‬Ζ‫ڴڴڴ‬

Question No. 3
ￇº©¶¥«©￦©¥¶²­²«·￦ ‫ڶ‬Ζ‫ڹڻڷ‬Ζ‫ڴڴڴ‬￦
ￊ­º­¨©￦¦½Ό￦￉¥´­¸¥°­¾¥¸­³²￦¶¥¸©￦ ‫ܫڼ‬￦
ￖ¹¶§¬¥·©￦´¶­§©￦ ￦ ￦ (B) ‫ڽڶ‬Ζ‫ڻڼں‬Ζ‫ڴڴڹ‬
ￒ©··Ό￦ￌ¥­¶￦º¥°¹©￦³ª￦²©¸￦¥··©¸￦ ‫ڻڵ‬Ζ‫ڴڹں‬Ζ‫ڴڴڴ‬￦
ￍ³³¨»­°°￦ ￦ ￦ ￦ (B)￦ ‫ڶڵ‬Ζ‫ڻڷڴ‬Ζ‫ڴڴڹ‬￦
￦
Question No. 4
ￇº©¶¥«©￦©¥¶²­²«·￦ ‫ڶ‬Ζ‫ڹڻڷ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦ￔ³¶±¥°￦©¥¶²­²« ‫ڵ‬Ζ‫ڹںڻ‬Ζ‫ڴڴڴ‬
ￇº©¶¥«©￦©¼§©··￦©¥¶²­²«·￦ ‫ڴڵں‬Ζ‫ڴڴڴ‬
ￓ¹°¸­´°½￦¦½Ό￦ￖ¶©·©²¸￦º¥°¹©￦³ª￦³¶¨­²¥¶½￦¥²²¹­¸½￦ ‫ڷ‬Κ‫ڷڻڷڴ‬￦
ￍ³³¨»­°°￦ ￦ ￦ ￦ (C)￦ ‫ڵ‬Ζ‫ڶڹڼ‬Ζ‫ڷڹڻ‬￦
ￇ¨¨Ό￦ￌ¥­¶￦º¥°¹©￦³ª￦²©¸￦¥··©¸￦¥§µ¹­¶©¨ ‫ڻڵ‬Ζ‫ڴڹں‬Ζ‫ڴڴڴ‬
ￖ¹¶§¬¥·©￦´¶­§©￦ ￦ ￦ (C) ‫ڽڵ‬Ζ‫ڶڴڹ‬Ζ‫ڷڹڻ‬

SUMMARY OF ANSWERS:
1. A 2. B 3. B 4. C
￦
￦
PROBLEM 23-15
￦

Question No. 1
ￔ©¸￦ￖ¥¸©²¸Ζ￦￐¥²¹¥¶½￦‫ڵ‬￦ ‫ںڷڷ‬Ζ‫ڴڴڴ‬￦
ￊ­º­¨©￦¦½Ό￦￘©±¥­²­²«￦°­ª©￦Ϯ‫©½ڼ‬¥¶·￦Ο‫ڶ‬￦½©¥¶·ϯ￦ ‫ں‬￦
ￇ±³¶¸­¾¥¸­³²￦ ￦ ￦ (A)￦ ‫ںڹ‬Ζ‫ڴڴڴ‬￦


212
Chapter 23: Intangible Assets

Question No. 2
ￔ³²©Ζ￦¸¬©￦¸¶¥¨©±¥¶¯￦¬¥·￦¥²￦­²¨©ª­²­¸©￦°­ª©Κ￦(B)￦

Question No. 3
￉³·¸￦³ª￦²³²§³±´©¸­¸­³²￦¥«¶©©±©²¸￦Ϯ‫ڵ‬Ζ‫ڴڴں‬Ζ‫ڴڴڴ‬￦¼￦‫ڵ‬ϑ‫ڸ‬ϯ ‫ڴڴڸ‬Ζ‫ڴڴڴ‬￦
ￊ­º­¨©￦¦½Ό￦ￛ·©ª¹°￦°­ª©￦ ‫ڹ‬￦
ￇ±³¶¸­¾¥¸­³²￦©¼´©²·©￦ ￦ ￦ (A)￦ ‫ڴڼ‬Ζ‫ڴڴڴ‬￦

Question No. 4
ￖ¹¶§¬¥·©￦´¶­§©￦ ‫ڶ‬Ζ‫ڴڴڸ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦ￌ¥­¶￦º¥°¹©￦³ª￦²©¸￦¥··©¸·￦¥§µ¹­¶©¨￦ ‫ڵ‬Ζ‫ڴڴں‬Ζ‫ڴڴڴ‬￦
ￍ³³¨»­°°￦Ϯ§¥¶¶½­²«￦¥±³¹²¸ϯ￦ (A) ‫ڴڴڼ‬Ζ‫ڴڴڴ‬￦
￦

ￚ¬©￦«³³¨»­°°￦·¬¥°°￦²³¸￦¦©￦¥±³¶¸­¾©¨￦¦©§¥¹·©￦­¸·￦¹·©ª¹°￦°­ª©￦­·￦­²¨©ª­²­¸©Κ￦ￎ³»©º©¶Ζ￦
«³³¨»­°°￦·¬¥°°￦¦©￦¸©·¸©¨￦ª³¶￦­±´¥­¶±©²¸￦¥¸￦°©¥·¸￦¥²²¹¥°°½Ζ￦³¶￦±³¶©￦ª¶©µ¹©²¸°½￦­ª￦
©º©²¸·￦³¶￦§¬¥²«©·￦­²￦§­¶§¹±·¸¥²§©·￦­²¨­§¥¸©￦¥￦´³··­¦°©￦­±´¥­¶±©²¸Κ￦￦

Question No. 5
￉³·¸Οￖ¥¸©²¸ ‫ڸڼڷ‬Ζ‫ڴڴڴ‬ ￦
ￒ©··Ό￦ￇ§§¹±¹°¥¸©¨￦ￇ±³¶¸­¾¥¸­³²￦Ϯ‫ڼڸ‬Ζ‫ڴڴڴ‬￦‫ܩ‬￦‫ںڹ‬Ζ‫ڴڴڴ‬ϯ￦ ‫ڸڴڵ‬Ζ‫ڴڴڴ‬￦ ‫ڴڼڶ‬Ζ‫ڴڴڴ‬￦
￉³·¸￦Ο￦ￚ¶¥¨©±¥¶¯￦Ϯ²³￦¥±³¶¸­¾¥¸­³²ϯ￦Ϯ‫ڵ‬Κ‫ں‬ￓ￦¼￦‫ڷ‬ϑ‫ڸ‬ϯ￦ ￦ ‫ڵ‬Ζ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦
￉³·¸￦Ο￦ￔ³²§³±´©¸­¸­³²￦¥«¶©©±©²¸ ‫ڴڴڸ‬Ζ‫ڴڴڴ‬ ￦
ￒ©··Ό￦ￇ§§¹±¹°¥¸©¨￦ￇ±³¶¸­¾¥¸­³²￦Ϯ·©©￦²³Κ￦‫ڷ‬ϯ￦ ‫ڴڼ‬Ζ‫ڴڴڴ‬￦ ‫ڴڶڷ‬Ζ‫ڴڴڴ‬￦
ￚ³¸¥°￦§¥¶¶½­²«￦¥±³¹²¸￦³ª￦¸¬©￦ￏ²¸¥²«­¦°©￦¥··©¸·￦ (B) ‫ڵ‬Ζ‫ڴڴڼ‬Ζ‫ڴڴڴ‬￦
￦

Note:￦ￍ³³¨»­°°￦·¬³¹°¨ not￦¦©￦¶©´³¶¸©¨￦¥·￦´¥¶¸￦³ª￦­²¸¥²«­¦°©￦¥··©¸￦·­²§©￦­¸￦­·￦²³¸￦
­¨©²¸­ª­¥¦°©Κ￦
￦
SUMMARY OF ANSWERS:
1. A 2. B 3. A 4. A 5. B
￦
￦
PROBLEM 23-16￦
￦

Question No. 1
ￒ©«¥°￦§³·¸ ‫ڻ‬Ζ‫ڴڴڴ‬￦
ￖ¥½±©²¸￦ ³ª￦ °­§©²·©·￦ ¸³￦ ¥¹¸¬³¶￦ ©¼§°¹¨­²«￦ ¶©ª¹²¨¥¦°©￦ ´¹¶§¬¥·©￦
¸¥¼©·￦Ϯ‫ڴڴڵ‬Ζ‫ڴڴڴ‬Ο‫ڴڵ‬Ζ‫ڴڴڴ‬ϯ￦ ‫ڴڽ‬Ζ‫ڴڴڴ‬￦
ￚ³¸¥°￦§³·¸￦³ª￦­²¸¥²«­¦°©￦¥··©¸·￦ (D)￦ ‫ڻڽ‬Ζ‫ڴڴڴ‬￦

Question 2, 3 and 5
￉³·¸￦ ‫ڻڽ‬Ζ‫ڴڴڴ‬
ￒ©··Ό￦ￇ±³¶¸­¾¥¸­³²￦­²￦‫ڼڵڴڶ‬￦Ϯ‫ڻڽ‬Ζ‫ڴڴڴ‬ϑ‫ڹ‬￦¼￦‫ں‬ϑ‫ڶڵ‬ϯ￦ ‫ڽ‬Ζ‫ڴڴڻ‬￦ No. 2 (C)
￉¥¶¶½­²«￦º¥°¹©Ζ￦‫ڶڵ‬ϑ‫ڵڷ‬ϑ￦‫ڼڵڴڶ‬￦ ‫ڻڼ‬Ζ‫ڴڴڷ‬￦ No. 3 (C)
ￒ©··Ό￦ￇ±³¶¸­¾¥¸­³²￦­²￦‫ڽڵڴڶ‬￦Ϯ‫ڻڽ‬Ζ‫ڴڴڴ‬ϑ‫ڹ‬￦ϯ￦ ‫ڽڵ‬Ζ‫ڴڴڸ‬￦
￉¥¶¶½­²«￦º¥°¹©Ζ￦‫ڶڵ‬ϑ‫ڵڷ‬ϑ￦‫ڽڵڴڶ‬￦ ‫ڻں‬Ζ‫ڴڴڽ‬￦ No. 5 (D)

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Chapter 23: Intangible Assets

Question No. 4
ￍ©²©¶¥°￦·¸¥¶¸Ο¹´￦§³·¸￦ ‫ڵ‬Ζ‫ڴڴڹ‬￦
ￇ±³¶¸­¾¥¸­³²￦ ‫ڽ‬Ζ‫ڴڴڻ‬￦
￉³·¸￦³ª￦´¶­²¸­²«￦ ‫ڴڴڵ‬￦
ￇ¨º©¶¸­·­²«￦©¼´©²·©￦Ϯ‫ڴڶ‬Ζ‫ڴڴڴ‬￦¼￦‫ں‬ϑ‫ڶڵ‬ϯ￦ ‫ڴڵ‬Ζ‫ڴڴڴ‬￦
ￚ³¸¥°￦ￋ¼´©²·©￦ ￦ ￦ (B) ‫ڵڶ‬Ζ‫ڴڴڷ‬￦
￦

SUMMARY OF ANSWERS:
1. D 2. C 3. C 4. B 5. D


PROBLEM 23-17 Patent, Competitive, Related Patent
￦

Question No. 1
￉³·¸￦ ‫ڴڴڹ‬Ζ‫ڴڴڴ‬￦
ￊ­º­¨©￦¦½Ό￦￘©±¥­²­²«￦¹·©ª¹°￦°­ª©￦ ‫ڴڵ‬￦
ￇ±³¶¸­¾¥¸­³² ￦ ￦ ￦ (C)￦ ‫ڴڹ‬Ζ‫ڴڴڴ‬￦
￦ ￦
Question No. 2
￉³·¸￦³ª￦¸¬©￦³°¨￦ￖ¥¸©²¸￦ ‫ڴڴڹ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦ￇ§§¹±¹°¥¸©¨￦ￇ±³¶¸­¾¥¸­³²￦Ϯ‫ڴڴڹ‬Ζ‫ڴڴڴ‬￦ϑ￦‫ڴڵ‬￦¼￦‫ڶ‬ϯ ‫ڴڴڵ‬Ζ‫ڴڴڴ‬￦
￉¥¶¶½­²«￦º¥°¹©Ζ￦‫ڵ‬ϑ‫ڵ‬ϑ‫ںڵڴڶ‬ ‫ڴڴڸ‬Ζ‫ڴڴڴ‬￦
￉³±´©¸­¸­º©￦ￖ¥¸©²¸￦ ‫ڴڸڶ‬Ζ‫ڴڴڴ‬￦
ￚ³¸¥°￦ ‫ڴڸں‬Ζ‫ڴڴڴ‬￦
ￊ­º­¨©￦¦½Ό￦￘©±¥­²­²«￦°­ª©￦ ‫ڼ‬￦
ￇ±³¶¸­¾¥¸­³² ￦ ￦ (D) ‫ڴڼ‬Ζ‫ڴڴڴ‬￦
￦ ￦
Question No. 3
￉¥¶¶½­²«￦º¥°¹©Ζ￦‫ڵ‬ϑ‫ڵ‬ϑ‫ںڵڴڶ‬￦ ‫ڴڸں‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦ￇ±³¶¸­¾¥¸­³²￦‫ںڵڴڶ‬￦ ‫ڴڼ‬Ζ‫ڴڴڴ‬￦
￉¥¶¶½­²«￦º¥°¹©Ζ￦‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ںڵڴڶ‬ (D) ‫ڴںڹ‬Ζ‫ڴڴڴ‬￦
￦ ￦
Question No. 4
￉¥¶¶½­²«￦º¥°¹©Ζ￦‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ںڵڴڶ‬￦ ‫ڴںڹ‬Ζ‫ڴڴڴ‬￦
ￇ¨¨Ό￦￘©°¥¸©¨￦´¥¸©²¸￦ ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦
ￚ³¸¥°￦￉¥¶¶½­²«￦º¥°¹©Ζ￦‫ڵ‬ϑ‫ڵ‬ϑ‫ڻڵڴڶ‬￦ ‫ڴںڻ‬Ζ‫ڴڴڴ‬￦
ￊ­º­¨©￦¦½Ό￦ￋ¼¸©²¨©¨￦°­ª©￦ ‫ڴڶ‬￦
ￇ±³¶¸­¾¥¸­³²￦ ￦ ￦ ￦ (A)￦ ‫ڼڷ‬Ζ‫ڴڴڴ‬￦
￦ ￦
Question No. 5
ￚ³¸¥°￦￉¥¶¶½­²«￦º¥°¹©Ζ￦‫ڵ‬ϑ‫ڵ‬ϑ‫ڻڵڴڶ‬￦ ‫ڴںڻ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦ￇ±³¶¸­¾¥¸­³²Ζ￦‫ڻڵڴڶ‬￦ ‫ڼڷ‬Ζ‫ڴڴڴ‬￦
￉¥¶¶½­²«￦º¥°¹©Ζ￦‫ڵ‬ϑ‫ڵ‬ϑ‫ڼڵڴڶ‬￦‫ܥ‬￦ￒ³··￦ ￦ (A)￦ ‫ڶڶڻ‬Ζ‫ڴڴڴ‬￦
￦

SUMMARY OF ANSWERS:
1. C 2. D 3. D 4. A 5. A
PROBLEM 23-18 Comprehensive
￦

Question No. 1
ￇ§µ¹­·­¸­³²￦§³·¸￦ ‫ڴڴں‬Ζ‫ڴڴڴ‬￦

214
Chapter 23: Intangible Assets

￉³·¸·￦ ³ª￦ ©±´°³½©©￦ ¦©²©ª­¸·￦ ¥¶­·­²«￦ ¨­¶©§¸°½￦ ª¶³±￦ ¦¶­²«­²«￦ ¸¬©￦

¥··©¸￦¸³￦­¸·￦­²¸©²¨©¨￦§³²¨­¸­³²￦ ‫ڴں‬Ζ‫ڴڴڴ‬￦
ￖ¶³ª©··­³²¥°￦ª©©·￦¥¶­·­²«￦¨­¶©§¸°½￦ª¶³±￦¦¶­²«­²«￦¸¬©￦¥··©¸￦¸³￦­¸·￦
­²¸©²¨©¨￦§³²¨­¸­³²￦ ‫ڷڵ‬Ζ‫ڴڴڴ‬￦
ￚ³¸¥°￦§³·¸￦³ª￦¸¬©￦¸¶¥¨©±¥¶¯￦ ￦ (C)￦ ‫ڷڻں‬Ζ‫ڴڴڴ‬￦
￦

Question No. 2
ￔ³²©Ζ￦¸¬©￦¸¶¥¨©±¥¶¯￦¬¥·￦¥²￦­²¨©ª­²­¸©￦°­ª©￦¥²¨￦­·￦²³¸￦·¹¦®©§¸￦¸³￦¥±³¶¸­¾¥¸­³²Κ￦
￦ ￦ ￦ ￦ ￦ (A)
￦
Question No. 3
ￇ±³¶¸­¾¥¸­³²￦Ο￦ￚ¶¥¨©±¥¶¯￦ Ο
ￇ±³¶¸­¾¥¸­³²￦Ο￦￉¹·¸³±©¶￦°­·¸￦ ‫ڴں‬Ζ‫ڴڴڴ‬￦
ￚ³¸¥°￦¥±³¶¸­¾¥¸­³²￦ ￦ ￦ (B)￦ ‫ڴں‬Ζ‫ڴڴڴ‬￦
￦
Question No. 4
ￇ±³¶¸­¾¥¸­³²￦Ο￦ￚ¶¥¨©±¥¶¯￦ Ο￦
ￇ±³¶¸­¾¥¸­³²￦Ο￦￉¹·¸³±©¶￦°­·¸ ‫ڴں‬Ζ‫ڴڴڴ‬
ￇ±³¶¸­¾¥¸­³²￦Ο￦ￌ¶¥²§¬­·©￦ ‫ڹںڵ‬Ζ‫ںڵڸ‬￦
ￚ³¸¥°￦¥±³¶¸­¾¥¸­³²￦ ￦ ￦ (A)￦ ‫ڹڶڶ‬Ζ‫ںڵڸ‬￦
￦
ￊ³»²´¥½±©²¸￦ ‫ڴڴڸ‬Ζ‫ڴڴڴ‬￦
ￇ¨¨Ό￦ￖ¶©·©²¸￦ￜ¥°¹©￦³ª￦²³¸©·￦´¥½¥¦°©￦Ϯ‫ڴڴں‬Ζ‫ڴڴڴ‬￦¼￦Κ‫ڼڵڵڻ‬ϯ￦ ‫ڻڶڸ‬Ζ‫ڴڼڴ‬￦
￉³·¸￦³ª￦ª¶¥²§¬­·©￦ ‫ڻڶڼ‬Ζ‫ڴڼڴ‬￦
￦
Question No. 5
￉³·¸￦³ª￦¸¶¥¨©±¥¶¯￦ ‫ڷڻں‬Ζ‫ڴڴڴ‬￦
￉³·¸￦³ª￦§¹·¸³±©¶￦°­·¸￦ ‫ڴڴڷ‬Ζ‫ڴڴڴ‬￦ ￦
ￒ©··Ό￦ￇ§§¹±¹°¥¸©¨￦ￇ±³¶¸­¾¥¸­³²￦ ‫ڴڶڵ‬Ζ‫ڴڴڴ‬￦ ‫ڴڼڵ‬Ζ‫ڴڴڴ‬￦
￉³·¸￦³ª￦ª¶¥²§¬­·©￦ ‫ڻڶڼ‬Ζ‫ڴڼڴ‬￦ ￦
ￒ©··Ό￦ￇ§§¹±¹°¥¸©¨￦ￇ±³¶¸­¾¥¸­³² ‫ڹںڵ‬Ζ‫ںڵڸ‬ ‫ڵںں‬Ζ‫ڸںں‬￦
ￚ³¸¥°￦§¥¶¶½­²«￦º¥°¹©￦ (A) ‫ڵ‬Ζ‫ڸڵڹ‬Ζ‫ڸںں‬￦
￦

SUMMARY OF ANSWERS:
1. C 2. A 3. B 4. A 5. A
￦
￦
PROBLEM 23-19
￦

Question No. 1
￠©¶³Ζ￦³¶«¥²­¾¥¸­³²￦§³·¸￦­·￦¸¶©¥¸©¨￦¥·￦³¹¸¶­«¬¸￦©¼´©²·©.(A)￦
￦

215
Chapter 23: Intangible Assets

Question No. 2
ￊ©·­«²￦§³·¸· ‫ڷ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
ￇ¨¨Ό￦ￒ©«¥°￦ª©©·￦ ‫ڴڴڷ‬Ζ‫ڴڴڴ‬￦
￦￦￦￦￦￦￦￦￦￘©«­·¸¶¥¸­³²￦ª©©￦»­¸¬￦ￖ¥¸©²¸￦³ªª­§©￦ ‫ڴڴڵ‬Ζ‫ڴڴڴ‬￦
ￚ³¸¥°￦§³·¸￦³ª￦¸¶¥¨©±¥¶¯￦ ￦ ￦ (B)￦ ‫ڷ‬Ζ‫ڴڴڸ‬Ζ‫ڴڴڴ‬￦
￦
Question No. 3
￉¥·¬￦ ‫ڴڴڸ‬Ζ‫ڴڴڴ‬￦
ￇ¨¨￦ￖ¶©·©²¸￦º¥°¹©￦³ª￦¸¬©￦²³¸©￦Ϯ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦¼￦‫ڶ‬Κ‫ڵڽ‬ϯ￦ ‫ڶڼڹ‬Ζ‫ڴڴڴ‬￦
￉³·¸￦³ª￦ￌ¶¥²§¬­·©￦ ￦ ￦ (B)￦ ‫ڶڼڽ‬Ζ‫ڴڴڴ‬￦
￦

Question No. 4
￉³·¸￦Ϯ·©©￦²³Κ￦‫ڷ‬ϯ￦ ‫ڶڼڽ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦ￇ±³¶¸­¾¥¸­³²￦Ϯ‫ڶڼڽ‬Ζ‫ڴڴڴ‬ϑ‫ڴڶ‬ϯ￦ ‫ڽڸ‬Ζ‫ڴڴڵ‬￦
￉¥¶¶½­²«￦º¥°¹©Ζ￦‫ڶڵ‬ϑ‫ڵڷ‬￦ ￦ ￦ (A)￦ ‫ڶڷڽ‬Ζ‫ڴڴڽ‬￦
￦
Question No. 5
ￇ±³¶¸­¾¥¸­³²￦³ª￦¸¬©￦ª¶¥²§¬­·©￦ P49,100 (B)￦
￦
ￚ¬©￦ ¸¶¥¨©±¥¶¯￦ ¬¥·￦ ²³￦ ¥±³¶¸­¾¥¸­³²￦ ¦©§¥¹·©￦ ­¸￦ ¬¥·￦ ¥²￦ ­²¨©ª­²­¸©￦ °­ª©Κ￦ ￏ¸￦ ­·￦ ³²°½￦
¸©·¸©¨￦ª³¶￦´³··­¦°©￦­±´¥­¶±©²¸Κ￦￦
￦
SUMMARY OF ANSWERS:
1. A 2. B 3. B 4. A 5. B
￦
￦
PROBLEM 23-20
￦

Question No. 1
￉³·¸Οￖ¥¸©²¸￦ ‫ںڷڵ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦ￇ±³¶¸­¾¥¸­³²￦ª³¶￦¸¬©￦½©¥¶￦Ϯ‫ںڷڵ‬Ζ‫ڴڴڴ‬ϑ‫ڴڶ‬ϯ￦ ‫ں‬Ζ‫ڴڴڼ‬￦
￉¥¶¶½­²«￦º¥°¹©￦³ª￦¸¬©￦ￖ¥¸©²¸￦ ￦ (C)￦ ‫ڽڶڵ‬Ζ‫ڴڴڶ‬￦
￦
Question No. 2
ￒ­§©²·­²«￦¥«¶©©±©²¸￦ￔ³Κ￦‫ڵ‬￦
ￛ²¥¨®¹·¸©¨￦¦¥°¥²§©￦ ‫ڴڴڵ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦ￇ±³¶¸­¾¥¸­³²￦ª³¶￦‫ڶ‬￦½©¥¶·￦Ϯ‫ڴڴڵ‬Ζ‫ڴڴڴ‬ϑ‫ڴڶ‬￦¼￦‫ڶ‬ϯ￦ ‫ڴڵ‬Ζ‫ڴڴڴ‬￦
ￚ³¸¥°￦ ‫ڴڽ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦￘©¨¹§¸­³²￦­²￦º¥°¹©￦Ϯ‫ڴڽ‬Ζ‫ڴڴڴ‬￦¼￦‫ܫڴں‬ϯ ‫ڸڹ‬Ζ‫ڴڴڴ‬
￉¥¶¶½­²«￦º¥°¹©￦ ￦ (B)￦ ‫ںڷ‬Ζ‫ڴڴڴ‬￦
￦
Question No. 3
ￛ²¥¨®¹·¸©¨￦¦¥°¥²§©￦ ‫ڼڵڵ‬Ζ‫ڴڴڴ‬￦
ￇ¨¨Ό￦ￇ±³¹²¸￦§¶©¨­¸©¨￦ª³¶￦¥¨º¥²§©￦§³°°©§¸­³²￦ ‫ڶ‬Ζ‫ڴڴڴ‬￦
ￚ³¸¥°￦§³·¸￦ ‫ڴڶڵ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό ￇ±³¶¸­¾¥¸­³²￦Ϯ‫ڴڶڵ‬Ζ‫ڴڴڴ‬ϑ‫ڴڵ‬ϯ￦ ‫ڶڵ‬Ζ‫ڴڴڴ‬
216
Chapter 23: Intangible Assets

￉¥¶¶½­²«￦º¥°¹©￦Ο￦ￒ­§©²·­²«￦¥«¶©©±©²¸￦ￔ³Κ￦‫(ڶ‬C)￦ ‫ڼڴڵ‬Ζ‫ڴڴڴ‬￦
￦
Question No. 4
￉¥¶¶½­²«￦º¥°¹©·Ό￦ ￦
￦￦￦ￖ¥¸©²¸￦Ϯ·©©￦²³Κ￦‫ڵ‬ϯ ‫ڽڶڵ‬Ζ‫ڴڴڶ‬
￦￦￦ￒ­§©²·­²«￦ￇ«¶©©±©²¸￦ￔ³Κ￦‫ڵ‬￦Ϯￔ³Κ￦‫ڶ‬ϯ￦ ‫ںڷ‬Ζ‫ڴڴڴ‬￦
￦￦￦ￒ­§©²·­²«￦ￇ«¶©©±©²¸￦ￔ³Κ￦‫ڶ‬￦Ϯￔ³Κ￦‫ڷ‬ϯ￦ ‫ڼڴڵ‬Ζ‫ڴڴڴ‬￦
ￚ³¸¥°￦§¥¶¶½­²«￦º¥°¹©￦ ￦ (C)￦ ‫ڷڻڶ‬Ζ‫ڴڴڶ‬￦
￦

ￚ¬©￦ ￖ‫ںڵ‬Ζ‫ڴڴڴ‬￦ §³·¸￦ ­²§¹¶¶©¨￦ ª³¶￦ ¥¨º©¶¸­·­²«￦ ¥²¨￦ ¸¬©￦ ￖ‫ڶڷ‬Ζ‫ڴڴڴ‬￦ °©«¥°￦ ©¼´©²·©·￦ ª³¶￦
­²§³¶´³¶¥¸­³²￦·¬³¹°¨￦¦©￦§¬¥¶«©¨￦¸³￦©¼´©²·©￦»¬©²￦­¸￦»©¶©￦­²§¹¶¶©¨Κ￦￦
￦

Question No. 5
ￔ³²¥±³¶¸­¾¥¸­³²￦³ª￦ￒ­§©²·­²«￦ￇ«¶©©±©²¸￦ￔ³￦‫ڵ‬￦Ϯ‫ڴڴڵ‬Ζ‫ڴڴڴ‬ϑ‫ڴڶ‬￦¼￦‫ڵ‬ϯ￦ ‫ڹ‬Ζ‫ڴڴڴ‬￦
ￋ¼´©²·©·￦§¥´­¸¥°­¾©¨Ό
￦￦ￍ³³¨»­°°￦Ϯ‫ںڵ‬Ζ‫ڶڷܩڴڴڴ‬Ζ‫ڴڴڴ‬ϯ￦ ‫ڼڸ‬Ζ‫ڴڴڴ‬￦
￦￦ￕ¶«¥²­¾¥¸­³²￦§³·¸￦ ‫ڼڹ‬Ζ‫ڴڴڴ‬￦
ￕº©¶·¸¥¸©±©²¸￦³ª￦￘©¸¥­²©¨￦©¥¶²­²«·￦ (A)￦ ‫ڵڵڵ‬Ζ‫ڴڴڴ‬￦
￦

ￇ°°￦¸¬©￦©¼´©²·©·￦¥¦³º©￦»©¶©￦¹²¨©¶·¸¥¸©¨￦¸¬©¶©¦½￦³º©¶·¸¥¸­²«￦¸¬©￦²©¸￦­²§³±©￦¥²¨￦
¶©¸¥­²©¨￦©¥¶²­²«·Κ￦
￦

SUMMARY OF ANSWERS:
1. C 2. B 3. C 4. C 5. A
￦
￦
PROBLEM 23-21
￦

Question No. 1
ￛ²¥¨®¹·¸©¨￦¦¥°¥²§©￦ ￦ ‫ڴڹڹ‬Ζ‫ڴڴڴ‬
ￒ©··Ό￦ￛ²¥±³¶¸­¾©¨￦´³¶¸­³²￦³ª￦­±´¶³º©±©²¸·￦¨©¦­¸©¨￦ ￦
￦￦￦￉³·¸￦ ￖ‫ڹڻ‬Ζ‫ڴڴڴ‬￦
￦￦￦ￒ©··Ό￦ￇ±³¶¸­¾¥¸­³²￦Ϯￖ‫ڹڻ‬Ζ‫ڴڴڴ‬￦ϑ￦‫ڴڵ‬￦¼￦‫ڷ‬ϯ￦ ‫ڶڶ‬Ζ‫ڴڴڹ‬￦ ‫ڶڹ‬Ζ‫ڴڴڹ‬
ￇ¨®¹·¸©¨￦¦¥°¥²§©￦ ￦‫ڵڴ‬ϑ‫ڵڴ‬ϑ‫ڼڵڴڶ‬ ￦ ‫ڻڽڸ‬Ζ‫ڴڴڹ‬
ￒ©··Ό￦ￇ±³¶¸­¾¥¸­³²￦‫ڼڵڴڶ‬￦Ϯￖ‫ڶڹ‬Ζ‫ڴڴڹ‬￦‫ܩ‬￦ￖ‫ںڹ‬Ζ‫ڵڻڴ‬ϯ￦ ￦·©©￦¦©°³»￦ ‫ڼڴڵ‬Ζ‫ڵڻڹ‬￦
￉¥¶¶½­²«￦º¥°¹©￦ ￦‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ڼڵڴڶ‬￦ (A) ‫ڼڼڷ‬Ζ‫ڽڶڽ‬￦
￦

Computation of amortization:
ￇ¨®¹·¸©¨￦¦¥°¥²§©￦ ￦‫ڵڴ‬ϑ‫ڵڴ‬ϑ‫ڼڵڴڶ‬￦ ￦ ‫ڻڽڸ‬Ζ‫ڴڴڹ‬￦
ￒ©··Ό￦￉ￜ￦³ª￦ￖ¥¸©²¸￦»­¸¬￦¶©±¥­²­²«￦ￛￒ￦³ª￦‫ڶ‬￦½©¥¶·￦ ￦‫ڵڴ‬ϑ‫ڵڴ‬ϑ‫ڼڵڴڶ‬￦ ￦
￦￦￦￉³·¸￦ ‫ڴڵڶ‬Ζ‫ڴڴڴ‬￦
￦￦￦ￒ©··Ό￦ￇ§§¹±¹°¥¸©¨￦¥±³¶¸­¾¥¸­³²￦‫ڵڴ‬ϑ‫ڵڴ‬ϑ‫ڼڵڴڶ‬￦ ￦
￦ Ϯￖ‫ڴڵڶ‬Ζ‫ڴڴڴ‬￦ϑ￦‫ڸڵ‬￦¼￦‫ڻ‬ϯ￦ ‫ڹڴڵ‬Ζ‫ڴڴڴ‬￦ ‫ڹڴڵ‬Ζ‫ڴڴڴ‬￦
￉ￜ￦³ª￦ￖ¥¸©²¸￦»­¸¬￦¶©±¥­²­²«￦ￛￒ￦³ª￦‫ڻ‬￦½©¥¶·￦ ￦‫ڵڴ‬ϑ‫ڵڴ‬ϑ‫ڼڵڴڶ‬￦ ‫ڶڽڷ‬Ζ‫ڴڴڹ‬￦
￦

ￇ±³¶¸­¾¥¸­³²￦³ªΌ￦ ￦
￦￦ￖ¥¸©²¸￦»­¸¬￦¶©±¥­²­²«￦ￛￒ￦³ª￦‫ڶ‬￦½©¥¶·￦Ϯ‫ڹڴڵ‬Ζ‫ڴڴڴ‬￦ϑ￦‫ڶ‬ϯ￦ ￦ ‫ڶڹ‬Ζ‫ڴڴڹ‬￦
￦￦ￖ¥¸©²¸￦»­¸¬￦¶©±¥­²­²«￦ￛￒ￦³ª￦‫ڻ‬￦½©¥¶·￦Ϯ‫ڶڽڷ‬Ζ‫ڴڴڹ‬￦ϑ￦‫ڻ‬ϯ￦ ‫ںڹ‬Ζ‫ڵڻڴ‬
ￚ³¸¥°￦ￇ±³¶¸­¾¥¸­³²￦ ￦ ‫ڼڴڵ‬Ζ‫ڵڻڹ‬￦
217
Chapter 23: Intangible Assets

Question No. 2
ￌ¶¥²§¬­·©￦§³·¸ ‫ڴڹ‬Ζ‫ڴڴڴ‬
ￒ©··Ό￦ￇ±³¶¸­¾¥¸­³²￦Ϯ‫ڴڹ‬Ζ‫ڴڴڴ‬￦ϑ￦‫ڹ‬ϯ￦ ‫ڴڵ‬Ζ‫ڴڴڴ‬￦
￉¥¶¶½­²«￦º¥°¹©￦‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ڼڵڴڶ‬￦ (A)￦ ‫ڴڸ‬Ζ‫ڴڴڴ‬￦
￦
Question No. 3
ￚ¬©￦¥±³¹²¸￦¸³￦¦©￦¶©´³¶¸©¨￦¥·￦«³³¨»­°°￦­·￦¸¬©￦©¼§©··￦³ª￦§³·¸￦³º©¶￦¸¬©￦ª¥­¶￦º¥°¹©￦³ª￦
²©¸￦ ¥··©¸￦ ¥§µ¹­¶©¨Κ￦ ￍ³³¨»­°°￦ ­·￦ ²³¸￦ ¥±³¶¸­¾©¨￦ ¦¹¸￦ ³²°½￦ ·¹¦®©§¸￦ ¸³￦ ­±´¥­¶±©²¸￦
¸©·¸­²«Κ￦ￚ¬©¶©ª³¶©Ζ￦¸¬©￦¥±³¹²¸￦¸³￦¦©￦¶©´³¶¸©¨￦­·￦ￖ‫ڴڴڶ‬Ζ‫ڴڴڴ‬Κ￦ ￦ (A)
￦
Question No. 4
ￕ¸¬©¶￦ §³¨­²«￦ §³·¸·￦ ¥ª¸©¶￦ ©·¸¥¦°­·¬±©²¸￦ ³ª￦ ¸©§¬²³°³«­§¥°￦
ª©¥·­¦­°­¸½￦ ‫ڴڸڶ‬Ζ‫ڴڴڴ‬￦
ￕ¸¬©¶￦ ¸©·¸­²«￦ §³·¸·￦ ¥ª¸©¶￦ ©·¸¥¦°­·¬±©²¸￦ ³ª￦ ¸©§¬²³°³«­§¥°￦
ª©¥·­¦­°­¸½￦ ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦
￉³·¸·￦³ª￦´¶³¨¹§­²«￦±¥·¸©¶￦ª³¶￦¸¶¥­²­²«￦±¥¸©¶­¥°·￦ ‫ڴڹڵ‬Ζ‫ڴڴڴ‬￦
ￚ³¸¥°￦￙³ª¸»¥¶©￦￉³·¸￦ ￦ ￦ (A)￦ ‫ڴڽڹ‬Ζ‫ڴڴڴ‬￦
￦
Question No. 5
￉³±´°©¸­³²￦³ª￦¨©¸¥­°©¨￦´¶³«¶¥±￦¨©·­«²￦ ‫ڴڷڵ‬Ζ‫ڴڴڴ‬￦
￉³·¸·￦­²§¹¶¶©¨￦ª³¶￦§³¨­²«￦¥²¨￦¸©·¸­²«￦¸³￦©·¸¥¦°­·¬￦¸©§¬²³°³«­§¥°￦
ª©¥·­¦­°­¸½￦ ‫ڴڴڵ‬Ζ‫ڴڴڴ‬￦
ￚ³¸¥°￦￉³·¸￦§¬¥¶«©¨￦¸³￦ￋ¼´©²·©￦ ￦ (A)￦ ‫ڴڷڶ‬Ζ‫ڴڴڴ‬￦
￦
Question No. 6
ￇ±³¶¸­¾¥¸­³²Ό￦ ￦
￦￦ￖ¥¸©²¸￦Ϯ·©©￦ￔ³Κ￦‫ڵ‬ϯ￦ ‫ڼڴڵ‬Ζ‫ڵڻڹ‬￦
￦￦ￌ¶¥²§¬­·©￦Ϯ·©©￦ￔ³Κ￦‫ڶ‬ϯ ‫ڴڵ‬Ζ‫ڴڴڴ‬
￦￦￙³ª¸»¥¶©￦§³·¸￦ ￦²³²©￦½©¸￦ Ο￦
ￚ³¸¥°￦￉³·¸￦§¬¥¶«©¨￦¸³￦ￋ¼´©²·©￦ ￦ (C)￦ ‫ڼڵڵ‬Ζ‫ڵڻڹ‬￦
￦

SUMMARY OF ANSWERS:
1. A 2. A 3. A 4. A 5. A 6. C
￦
￦
PROBLEM 23-22 Inventories, PPE and Intangible Assets
￦

Question No. 1
ￛ²¥¨®¹·¸©¨￦¦¥°¥²§©￦ ‫ڸ‬Ζ‫ڴڴڷ‬Ζ‫ڴڴڴ‬￦
ￇ¨¨Ό￦ￍ³³¨·￦´¹¶§¬¥·©¨￦ￌￕ￈￦￙¬­´´­²«￦ￖ³­²¸￦ ‫ڴڸ‬Ζ‫ڴڴڴ‬￦
ￇ¨®¹·¸©¨￦¦¥°¥²§©￦ ￦ (B)￦ ‫ڸ‬Ζ‫ڴڸڷ‬Ζ‫ڴڴڴ‬￦

Question No. 2
ￚ³¸¥°￦¥§µ¹­·­¸­³²￦§³·¸￦ ‫ڸ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
ￇ¨¨Ό￦ￓ³¶¸«¥«©￦¥··¹±©¨ ‫ڴڴڼ‬Ζ‫ڴڴڴ‬￦
ￚ³¸¥°￦§³·¸￦³ª￦°¥²¨￦¥²¨￦¦¹­°¨­²« ‫ڸ‬Ζ‫ڴڴڼ‬Ζ‫ڴڴڴ‬￦

218
‫‪Chapter 23: Intangible Assets‬‬

‫‪ￓ¹°¸­´°½￦¦½Ό￦ￖ©¶§©²¸¥«©￦¥°°³§¥¸©¨￦¸³￦¦¹­°¨­²«￦‬‬ ‫‪￦‬ܫڴڼ‬
‫‪ￚ³¸¥°￦ￖ¹¶§¬¥·©￦ￖ¶­§©￦¥°°³§¥¸©¨￦¸³￦￈¹­°¨­²«￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڸڼ‪Ζ‬ڷ‬
‫‪ϯ￦‬ڴڴڴ‪Ζ‬ڴڶ ‪￦‬ڴڴڴ‪Ζ‬ڴڴڷ‪ￇ¨¨Ό￦￘©±³¨©°­²«￦￉³·¸￦Ϯ‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڼڶ‬
‫‪ￚ³¸¥°￦￉³·¸￦³ª￦￈¹­°¨­²«￦ ￦‬‬ ‫‪￦‬‬ ‫‪(A)￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڶڵ‪Ζ‬ڸ‬
‫ ‬
‫ ‪Question No. 3‬‬
‫‪￉³·¸￦³ª￦­±´¶³º©±©²¸￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڴڹ‬
‫‪ϯ￦‬ڶڵ‪ϑ‬ڽ‪￦¼￦‬ڼ‪ϑ‬ڴڴڴ‪Ζ‬ڴڴڹ‪ￒ©··Ό￦ￇ§§¹±¹°¥¸©¨￦¨©´¶©§­¥¸­³²￦Ϯ‬‬ ‫‪￦‬ڹڻڼ‪Ζ‬ںڸ‬
‫‪￉¥¶¶½­²«￦º¥°¹©￦ ￦‬‬ ‫‪￦‬‬ ‫ ‬ ‫‪(B)￦‬‬ ‫‪￦‬ڹڶڵ‪Ζ‬ڷڹڸ‬
‫ ‬
‫ ‪Question No. 4‬‬
‫ڼڵڴڶ‪ϑ‬ڵڴ‪ϑ‬ڵڴ‪￉¥¶¶½­²«￦º¥°¹©￦ ￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڶڷڸ‬
‫‪￦½©¥¶·￦¶©±¥­²­²«￦ￛￒϯ￦‬ڷ‪￦ϑ￦‬ڴڴڴ‪Ζ‬ڶڷڸ‪￦Ϯ‬ڼڵڴڶ‪ￒ©··Ό￦ￇ±³¶¸­¾¥¸­³²￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڸڸڵ‬
‫‪￉¥¶¶½­²«￦º¥°¹©￦ ￦‬‬ ‫‪￦‬‬ ‫ ‬ ‫‪(C)￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڼڼڶ‬
‫ ‬
‫ ‪Question No. 5‬‬
‫‪￦‬ڴڹ‪ϯϑ‬ڴڴڴ‪Ζ‬ڴڶڵ‪Ο‬ڴڴڴ‪Ζ‬ڴڶڵ‪Ζ‬ڸ‪￈¹­°¨­²«￦Ϯ‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڼ‬
‫‪ϯ￦‬ڶڵ‪ϑ‬ڽ‪￦¼￦‬ڼ‪ϑ‬ڴڴڴ‪Ζ‬ڴڴڹ‪ￒ©¥·©¬³°¨￦ￏ±´¶³º©±©²¸·￦Ϯ‬‬ ‫‪￦‬ڹڻڼ‪Ζ‬ںڸ‬
‫‪ￌ¹¶²­¸¹¶©￦¥²¨￦ￌ­¼¸¹¶©·￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڹڵ‬
‫‪ϯ￦‬ڴڵ‪￦ϑ￦‬ڴڴڴ‪Ζ‬ڴڴڹ‪ￌ¶¥²§¬­·©￦Ϯ‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڹ‬
‫‪ￒ­§©²·­²«￦¥«¶©©±©²¸￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڸڸڵ‬
‫ ©·‪ￚ³¸¥°￦¨©´¶©§­¥¸­³²￦¥²¨￦¥±³¶¸­¾¥¸­³²￦©¼´©²‬‬ ‫)‪(A‬‬ ‫‪￦‬ڹڻڼ‪Ζ‬ڴڻڸ‪ￖ‬‬
‫‪￦‬‬
‫ ‪SUMMARY OF ANSWERS:‬‬
‫‪1. B‬‬ ‫‪2. A‬‬ ‫ ‪3. B‬‬ ‫‪4. C‬‬ ‫‪5.‬‬ ‫ ‪A‬‬ ‫ ‬
‫‪￦‬‬
‫‪￦‬‬
‫ ‪PROBLEM 23-23 PPE and Intangible Assets‬‬
‫‪￦‬‬
‫ ‪Question No. 1‬‬
‫¸·‪ￖ¶³´©¶¸½￦ ￦§³‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڴڸ‪Ζ‬ڷ‬
‫‪Ο￦¥§§￦¨©´¶©§­¥¸­³²￦‬‬ ‫‪ϯ￦‬ڴڴڴ‪Ζ‬ڴںڷ‪Ζ‬ڵ‪Ϯ‬‬
‫‪￉³²·¸¶¹§¸­³²·￦§³·¸·￦‬‬ ‫‪￦‬ڴڴڼ‪Ζ‬ڻڽڶ‪Ζ‬ڵ‬
‫‪ϯ￦‬ܫڸ‪￦¼￦‬ڴڴڴ‪Ζ‬ڴڴڸ‪Ζ‬ڷ‪Ο￦¨©´¶©§­¥¸­³²￦Ϯ‬‬ ‫‪ϯ￦‬ڴڴڴ‪Ζ‬ںڷڵ‪￦￦￦Ϯ‬‬
‫‪￦‬ڼڵڴڶ‪ϑ‬ڴڷ‪ϑ‬ںڴ‪￉¥¶¶½­²«￦¥±³¹²¸￦ ￦‬‬ ‫)‪(C‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڸڴڽ‪Ζ‬ڵ‬
‫‪￦‬‬
‫ ‪Question No. 2‬‬
‫ ‪Fixtures and fittings‬‬
‫‪￦‬ڻڵڴڶ‪￦￐¹²©￦‬ڴڷ‪￉³·¸￦¥¸￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴںڷ‬
‫‪￦‬ڻڵڴڶ‪￦￐¹°½￦‬ڵ‪ￊ­·´³·¥°￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڶڷ‪￦￦￦￦￦‬‬ ‫ڴڴڴ‪Ζ‬ڼڶڷ‬
‫‪￦‬‬ ‫‪￦‬‬

‫‪ￇ§§¹±¹°¥¸©¨￦¨©´¶©§­¥¸­³²‬‬ ‫‪ϯ￦‬ڴڴڴ‪Ζ‬ںڶڵ‪Ϯ‬‬
‫‪½¶·ϯ￦‬ڶ‪￦¼￦‬ܫڴڶ‪￦¼￦‬ڴڴڴ‪Ζ‬ڶڷ‪￦Ϯ‬ڻڵڴڶ‪￦￐¹°½￦‬ڵ‪ￊ­·´³·¥°￦‬‬ ‫‪￦‬ڴڴڼ‪Ζ‬ڶڵ‪￦￦￦￦￦‬‬ ‫‪ϯ‬ڴڴڶ‪Ζ‬ڷڵڵ‪Ϯ‬‬
‫‪￦‬ڻڵڴڶ‪￦￐¹°½￦‬ڵ‪￉¥¶¶½­²«￦¥±³¹²¸￦Ο￦‬‬ ‫‪￦‬‬ ‫ڴڴڼ‪Ζ‬ڸڵڶ‬
‫‪￦¼￦15%ϯ￦‬ڴڴڼ‪Ζ‬ڸڵڶ‪ￒ©··Ό￦ￊ©´¶©§­¥¸­³²￦Ϯ‬‬ ‫‪￦‬‬ ‫‪ϯ‬ڴڶڶ‪Ζ‬ڶڷ‪Ϯ‬‬
‫‪￦‬ڼڵڴڶ‪￦ￇ´¶­°￦‬ڵ‪ￇ¨¨­¸­³²·￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڼڻ‬
‫‪219‬‬
‫‪Chapter 23: Intangible Assets‬‬

‫‪ϯ￦‬ڶڵ‪ϑ‬ڷ‪￦¼￦15% ¼￦‬ڴڴڴ‪Ζ‬ڼڻ‪ￒ©··Ό￦ￊ©´¶©§­¥¸­³²￦Ϯ‬‬ ‫‪ϯ￦‬ڹڶڽ‪Ζ‬ڶ‪￦￦￦￦￦Ϯ‬‬ ‫ڹڻڴ‪Ζ‬ڹڻ‪￦￦￦￦￦￦‬‬

‫‪￦ ￦‬ڼڵڴڶ‪￦￐¹²©￦‬ڵ ‪￉¥¶¶½­²«￦¥±³¹²¸￦‬‬ ‫)‪(C‬‬ ‫‪￦‬‬ ‫ڹڹں‪Ζ‬ڻڹڶ‪￦￦￦￦‬‬
‫‪￦‬‬
‫ ‪Question No. 3‬‬
‫·¸·‪￉³²·¸¶¹§¸­³²￦§³‬‬ ‫‪￦‬‬
‫‪ￖ¶³ª©··­³²¥°￦ª©©·￦‬‬ ‫‪￦‬ڴڴڼ‪Ζ‬ڻ‬
‫‪￙­¸©￦´¶©´¥¶¥¸­³²￦§³·¸·￦‬‬ ‫‪￦￦‬ڴڴڴ‪Ζ‬ڴڽ‪￦￦￦￦￦￦￦￦‬‬
‫‪￉³·¸￦³ª￦²©»￦¶©¸¥­°￦³¹¸°©¸￦ ￦‬‬ ‫‪￦‬‬ ‫ )‪(B‬‬ ‫‪￦‬ڴڴڼ‪Ζ‬ڻڽڶ‪Ζ‬ڵ‬
‫‪￦‬‬
‫‪ￒ¥²¨￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڴڹ‬
‫‪ￖ¶³´©¶¸½￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڸڴڽ‪Ζ‬ڵ‬
‫·¸·‪￉³²·¸¶¹§¸­³²·￦§³‬‬ ‫‪￦‬ڴڴڼ‪Ζ‬ڻڽڶ‪Ζ‬ڵ‬
‫‪ￌ­¼¸¹¶©·￦̲￦ª­¸¸­²«·￦‬‬ ‫‪￦‬ڹڹں‪Ζ‬ڻڹڶ‪￦￦￦￦￦‬‬
‫ ‪ￚ³¸¥°￦ￖￖￋ‬‬ ‫‪￦‬ڹڹڸ‪Ζ‬ڽڹڽ‪Ζ‬ڸ‬
‫‪￦‬‬
‫ ‪Question No. 4‬‬
‫‪ￏ²¸¥²«­¦°©￦ ￦¦¶¥²¨￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڽڶ‬
‫‪½¶·ϯ￦‬ڴڵ‪￦ϑ￦‬ڴڴڴ‪Ζ‬ڴڽڶ‪ￇ±³¶¸­¾¥¸­³²￦Ϯ‬‬ ‫‪ϯ￦‬ڴڴڴ‪Ζ‬ڽڶ‪Ϯ‬‬
‫‪ￇ§§¹±¹°¥¸©¨￦¥±³¶¸­¾¥¸­³²‬‬ ‫‪ϯ￦‬ڴڴڹ‪Ζ‬ڵڴڵ‪￦￦￦Ϯ‬‬ ‫ڴڴڹ‪Ζ‬ڽڹڵ‬
‫‪￦‬‬ ‫‪￦‬‬

‫‪￦ￏϑ￙ϯ￦‬ڴڴڴ‪Ζ‬ڶڷ‪￦ ￦‬ڴڴڴ‪Ζ‬ںڽ‪ￊ©º©°³´±©²¸￦§³·¸·￦Ϯ‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڸں‬

‫‪ϯ￦‬ڶڵ‪ϑ‬ڷ‪½¶·ϯ￦¼￦‬ڸ‪￦ϑ￦‬ڴڴڴ‪Ζ‬ڸں‪ￇ±³¶¸­¾¥¸­³²￦ϮϮ‬‬ ‫‪ϯ￦‬ڴڴڴ‪Ζ‬ڸ‪￦￦￦￦￦￦￦Ϯ‬‬ ‫ڴڴڴ‪Ζ‬ڴں‪￦￦￦￦‬‬
‫‪￉¥¶¶½­²«￦¥±³¹²¸￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫)‪(C‬‬ ‫‪￦‬‬ ‫ڴڴڹ‪Ζ‬ڽڵڶ‪￦￦‬‬
‫‪￦‬‬
‫ ‪Question No. 5‬‬
‫‪ￊ©´¶©§­¥¸­³²Ό￦‬‬ ‫‪￦‬‬
‫‪ϯσ‬ڶڵ‪ϑ‬ڷ‪￦¼￦‬ܫڹڵ‪￦¼￦‬ڴڴڴ‪Ζ‬ڼڻ‪￦Ϯ‬ܩ ‪ϯ‬ܫڹڵ‪￦¼￦‬ڴڴڼ‪Ζ‬ڸڵڶ‪￦￦￦ￌ­¼¸¹¶©￦¥²¨￦ª­¸¸­²«·￦Ϯ‬‬ ‫ڹڸڵ‪Ζ‬ڹڷ‪￦￦￦￦￦‬‬
‫‪ϯ￦‬ܫڸ‪￦¼￦‬ڴڴڴ‪Ζ‬ڴڴڸ‪Ζ‬ڷ‪￦￦￦ￖ¶³´©¶¸½￦Ϯ‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ںڷڵ‬
‫‪ￇ±³¶¸­¾¥¸­³²Ό￦‬‬ ‫‪￦‬‬
‫‪ϯ‬ڶڵ‪ϑ‬ڷ‪½¶·ϯ￦¼￦‬ڸ‪￦ϑ￦‬ڴڴڴ‪Ζ‬ڸں‪￦￦￦ￊ©º©°³´±©²¸￦§³·¸￦ϮϮ‬‬ ‫ڴڴڴ‪Ζ‬ڸ‬
‫‪½¶·ϯ￦‬ڴڵ‪￦ϑ￦‬ڴڴڴ‪Ζ‬ڴڽڶ‪￦￦￦￈¶¥²¨￦Ϯ‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڽڶ‪￦￦￦￦￦￦￦￦‬‬
‫‪ￚ³¸¥°￦ￖￖￋ￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫ )‪(D‬‬ ‫‪￦‬ڹڸڵ‪Ζ‬ڸڴڶ‪￦￦￦‬‬
‫‪￦‬‬
‫ ‪SUMMARY OF ANSWERS:‬‬
‫ ‪1. C‬‬ ‫ ‪2. C‬‬ ‫ ‪3. B‬‬ ‫ ‪4. C‬‬ ‫ ‪5.‬‬ ‫ ‪D‬‬ ‫ ‬ ‫ ‬
‫‪￦‬‬

‫‪220‬‬
Chapter 24: Revaluation, Impairment and Noncurrent Asset Held for Sale

CHAPTER 24: REVALUATION, IMPAIRMENT AND

NONCURRENT ASSET HELD FOR SALE
￦
PROBLEM 24-1 Revaluation, No Change in Estimate
￦

Question No. 1

Historical Replacement
Cost Cost Increase
ￓ¥§¬­²©¶½￦ ‫ڼ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬ ‫ڹڵ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬ ‫ڻ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬
ￇ§§Κ￦ￊ©´Κ￦Ϯ‫ܫڹڶ‬ϯ￦ ‫ڶ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦ ￦￦‫ڷ‬Ζ‫ڴڹڻ‬Ζ‫ڴڴڴ‬￦ ‫ڵ‬Ζ‫ڴڹڻ‬Ζ‫ڴڴڴ‬￦
￉ￇϑￊ￘￉ϑ￘￙￦ ‫ں‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦ ‫ڶڵ‬Ζ‫ڴڹڶ‬Ζ‫ڴڴڴ‬￦ ‫ڹ‬Ζ‫ڴڹڶ‬Ζ‫ڴڴڴ‬￦
￦ ￦ ￦ (C)
￦

￉¥¶¶½­²«￦¥±³¹²¸ϑￊ©´¶©§­¥¸©¨￦￘©´°¥§©±©²¸￦￉³·¸ϑ￘©º¥°¹¥¸­³²￦￙¹¶´°¹·￦
￦
Question No. 2
ￊ©´¶©§­¥¸©¨￦￘©´°¥§©±©²¸￦§³·¸￦ ‫ڵڵ‬Ζ‫ڴڹڶ‬Ζ‫ڴڴڴ‬￦
ￊ­º­¨©￦¦½Ό￦￘©±¥­²­²«￦¹·©ª¹°￦°­ª©￦Ϯ‫ڴڶ‬￦ ￦‫ڹ‬ϯ￦ ‫ڹڵ‬￦
ￊ©´¶©§­¥¸­³²￦ￋ¼´©²·©￦ ￦‫ڽڵڴڶ‬￦ ￦ (C)￦ ‫ڴڹڻ‬Ζ‫ڴڴڴ‬￦
￦
Question No. 3
￘©º¥°¹¥¸­³²￦·¹¶´°¹·Ζ￦¦©«­²²­²«￦ ‫ڹ‬Ζ‫ڴڹڶ‬Ζ‫ڴڴڴ‬
ￒ©··Ό￦ￖ­©§©±©¥°￦¶©¥°­¾¥¸­³²￦ ￦‫ڽڵڴڶ‬￦Ϯ‫ڹ‬Ζ‫ڴڹڶ‬Ζ‫ڴڴڴ‬￦ϑ￦‫ڹڵ‬ϯ￦ ‫ڴڹڷ‬Ζ‫ڴڴڴ‬￦
￘©±¥­²­²«￦¶©º¥°¹¥¸­³²￦·¹¶´°¹·￦©²¨￦³ª￦‫ڽڵڴڶ‬￦ (B)￦ ‫ڸ‬Ζ‫ڴڴڽ‬Ζ‫ڴڴڴ‬￦
￦
Question No. 4
ￔ©¸￦￙©°°­²«￦ￖ¶­§© ‫ڴڵ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬
ￒ©··Ό￦￉¥¶¶½­²«￦¥±³¹²¸￦ ￦‫ڵڴ‬ϑ‫ڶڴ‬ϑ‫ڴڶڴڶ‬￦ ￦
￦ￊ©´¶©§­¥¸©¨￦ ￘©´°¥§©±©²¸￦ ￉³·¸Ζ￦ ¨¥¸©￦ ³ª￦ ‫ڵڵ‬Ζ‫ڴڹڶ‬Ζ‫ڴڴڴ‬￦
¶©º¥°¹¥¸­³²￦
￦ￒ©··Ό￦ ￙¹¦·©µ¹©²¸￦ ¨©´¶©§­¥¸­³²￦ Ϯￖ‫ڴڹڻ‬Ζ‫ڴڴڴ‬￦ ¼￦ ‫ڶ‬￦ ‫ڵ‬Ζ‫ڴڴڹ‬Ζ‫ڴڴڴ‬ ‫ڽ‬Ζ‫ڴڹڻ‬Ζ‫ڴڴڴ‬
½©¥¶·ϯ￦
ￍ¥­²￦³²￦·¥°©￦ (A) ‫ڴڹڶ‬Ζ‫ڴڴڴ‬￦
￦
Question No. 5
￘©º¥°¹¥¸­³²￦·¹¶´°¹·Ζ￦¦©«­²²­²«￦ ‫ڹ‬Ζ‫ڴڹڶ‬Ζ‫ڴڴڴ‬
ￒ©··Ό￦ￖ­©§©±©¥°￦¶©¥°­¾¥¸­³²￦ª³¶￦¸»³￦½©¥¶·￦Ϯ‫ڹ‬Ζ‫ڴڹڶ‬Ζ‫ڴڴڴ‬ϑ￦‫ڹڵ‬￦¼￦‫ڶ‬ϯ￦ ‫ڴڴڻ‬Ζ‫ڴڴڴ‬￦
￘©±¥­²­²«￦¶©º¥°¹¥¸­³²￦·¹¶´°¹·￦¸³￦￘ϑￋ￦ ￦ (B)￦ ‫ڸ‬Ζ‫ڴڹڹ‬Ζ‫ڴڴڴ‬￦
￦
SUMMARY OF ANSWERS:
1. C 2. C 3. B 4. A 5. B
￦
￦

221
Chapter 24: Revaluation, Impairment and Noncurrent Asset Held for Sale

PROBLEM 24-2 Revaluation, With Change in Useful Life

￦

Question No. 1

Replacement
Cost Cost Increase
ￓ¥§¬­²©¶½￦ ‫ڶڵ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬ ‫ڸڵ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬ ‫ڶ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬
ￇ§§Κ￦ￊ©´Κ￦Ϯ‫ܫڹڶ‬ϯ￦ ‫ڶ‬Ζ‫ڴڴڸ‬Ζ‫ڴڴڴ‬￦ ‫ڶ‬Ζ‫ڴڴڼ‬Ζ‫ڴڴڴ‬￦ ‫ڴڴڸ‬Ζ‫ڴڴڴ‬￦
￉ￇϑￊ￘￉ϑ￘￙￦ ‫ڽ‬Ζ‫ڴڴں‬Ζ‫ڴڴڴ‬￦ ‫ڵڵ‬Ζ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦ ‫ڵ‬Ζ‫ڴڴں‬Ζ‫ڴڴڴ‬￦
￦ ￦ ￦ (B)
￦

￉¥¶¶½­²«￦¥±³¹²¸ϑￊ©´¶©§­¥¸©¨￦￘©´°¥§©±©²¸￦￉³·¸ϑ￘©º¥°¹¥¸­³²￦￙¹¶´°¹·￦
￦
Question No. 2
ￊ©´¶©§­¥¸©¨￦￘©´°¥§©±©²¸￦§³·¸￦ ‫ڵڵ‬Ζ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦
ￊ­º­¨©￦¦½Ό￦￘©±¥­²­²«￦¹·©ª¹°￦°­ª©￦ ‫ڹڶ‬
ￊ©´¶©§­¥¸­³²￦ￋ¼´©²·©￦ ￦‫ڼڵڴڶ‬￦ ￦ (B)￦ ‫ڼڸڸ‬Ζ‫ڴڴڴ‬￦

Question No. 3
￘©º¥°¹¥¸­³²￦·¹¶´°¹·Ζ￦‫ڵڴ‬ϑ‫ڵڴ‬ϑ‫ڼڵڴڶ‬ ‫ڵ‬Ζ‫ڴڴں‬Ζ‫ڴڴڴ‬
ￒ©··Ό￦ￖ­©§©±©¥°￦¶©¥°­¾¥¸­³²￦ ￦‫ڼڵڴڶ‬￦Ϯ‫ڵ‬Ζ‫ڴڴں‬Ζ‫ڴڴڴ‬ϑ￦‫ڹڶ‬ϯ￦ ‫ڸں‬Ζ‫ڴڴڴ‬￦
￘©±¥­²­²«￦¶©º¥°¹¥¸­³²￦·¹¶´°¹·￦©²¨￦³ª￦‫ڼڵڴڶ‬￦ (C)￦ ‫ڵ‬Ζ‫ںڷڹ‬Ζ‫ڴڴڴ‬￦
￦
Question No. 4
ￔ©¸￦￙©°°­²«￦ￖ¶­§©￦ ‫ڴڵ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦￉¥¶¶½­²«￦¥±³¹²¸￦ ￦‫ڵڴ‬ϑ‫ڶڴ‬ϑ‫ڽڵڴڶ‬￦ ￦
￦ￊ©´¶©§­¥¸©¨￦￘©´°¥§©±©²¸￦￉³·¸￦ ‫ڵڵ‬Ζ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦
￦ￒ©··Ό￦￙¹¦·©µ¹©²¸￦¨©´¶©§­¥¸­³²￦￦ ‫ںڽڼ‬Ζ‫ڴڴڴ‬ ‫ڴڵ‬Ζ‫ڸڴڷ‬Ζ‫ڴڴڴ‬
￦ Ϯￖ‫ڵڵ‬Κ‫ڶ‬ￓ￦ϑ￦‫ڹڶ‬￦¼￦‫ڶ‬ϯ￦
ￒ³··￦³²￦·¥°©￦ (A) Ϯ‫ڸڴڷ‬Ζ‫ڴڴڴ‬ϯ￦
￦
Question No. 5
￘©º¥°¹¥¸­³²￦·¹¶´°¹·Ζ￦¦©«­²²­²«￦ ‫ڵ‬Ζ‫ڴڴں‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦ￖ­©§©±©¥°￦¶©¥°­¾¥¸­³²￦ª³¶￦¸»³￦½©¥¶·￦Ϯ‫ڵ‬Ζ‫ڴڴں‬Ζ‫ڴڴڴ‬￦ϑ￦‫ڹڶ‬￦¼￦‫ڶ‬ϯ￦ ‫ڼڶڵ‬Ζ‫ڴڴڴ‬
￘©±¥­²­²«￦¶©º¥°¹¥¸­³²￦·¹¶´°¹·￦¸³￦￘ϑￋ￦ ￦ (B)￦ ‫ڵ‬Ζ‫ڶڻڸ‬Ζ‫ڴڴڴ‬￦
￦

SUMMARY OF ANSWERS:
1. B 2. B 3. C 4. A 5. B


PROBLEM 24-3 Revaluation, With Change in Useful Life and Residual Value￦
￦
Replacement
Cost Cost Increase
ￓ¥§¬­²©¶½￦ ￦‫ڸ‬Ζ‫ڴڹڹ‬Ζ‫ڴڴڴ‬￦ ‫ڽ‬Ζ‫ڴڴڵ‬Ζ‫ڴڴڴ‬￦ ‫ڸ‬Ζ‫ڴڹڹ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦ￇ§§Κ￦¨©´￦ Є‫ڵ‬Ζ‫ڹڶڵ‬Ζ‫ڴڴڴ‬￦ ЄЄ‫ڶ‬Ζ‫ڴڹڶ‬Ζ‫ڴڴڴ‬￦ ‫ڵ‬Ζ‫ڹڶڵ‬Ζ‫ڴڴڴ‬￦
￉ￇϑￊ￘￉ϑ￘￙ ‫ڷ‬Ζ‫ڹڶڸ‬Ζ‫ڴڴڴ‬ ‫ں‬Ζ‫ڴڹڼ‬Ζ‫ڴڴڴ‬ ‫ڷ‬Ζ‫ڹڶڸ‬Ζ‫ڴڴڴ‬
￦ ￦ ￦ (C)
￦

222
Chapter 24: Revaluation, Impairment and Noncurrent Asset Held for Sale

￉¥¶¶½­²«￦¥±³¹²¸ϑￊ©´¶©§­¥¸©¨￦￘©´°¥§©±©²¸￦￉³·¸ϑ￘©º¥°¹¥¸­³²￦￙¹¶´°¹·￦
￦

Єￚ¬­·￦¥±³¹²¸￦·¬³¹°¨￦¦©￦¸¬©￦¥§¸¹¥°￦¥±³¹²¸￦³ª￦¥§§¹±¹°¥¸©¨￦¨©´¶©§­¥¸­³²￦Ϯ­Κ©Κ￦¹·­²«￦
¸¬©￦³¶­«­²¥°￦¶©·­¨¹¥°￦º¥°¹©ϯ￦
ЄЄ￦Ϯ‫ڽ‬Ζ‫ڴڴڵ‬Ζ‫ڴڴڴ‬￦ ￦‫ڴڴڵ‬Ζ‫ڴڴڴ‬ϯ￦ϑ￦‫ڴڶ‬￦¼￦‫ڹ‬Κ￦ￚ¬­·￦­·￦§³±´¹¸©¨￦¹·­²«￦¸¬©￦¶©º­·©¨￦¶©·­¨¹¥°￦
º¥°¹©Κ￦
￦
Question No. 2
ￊ©´¶©§­¥¸©¨￦￘©´°¥§©±©²¸￦§³·¸￦ ‫ں‬Ζ‫ڴڹڼ‬Ζ‫ڴڴڴ‬
ￒ©··Ό￦￘©º­·©¨￦¶©·­¨¹¥°￦º¥°¹©￦ ‫ڴڴڵ‬Ζ‫ڴڴڴ‬￦
ￊ©´¶©§­¥¦°©￦¥±³¹²¸￦ ‫ں‬Ζ‫ڴڴڹڻ‬Ζ‫ڴڴڴ‬￦
ￊ­º­¨©￦¦½Ό￦￘©±¥­²­²«￦¹·©ª¹°￦°­ª©￦ ‫ڹڶ‬￦
ￊ©´¶©§­¥¸­³²￦ￋ¼´©²·©￦ ￦‫ڼڵڴڶ‬￦ ￦ (B)￦ ‫ڴڻڶ‬Ζ‫ڴڴڴ‬￦
￦
Question No. 3
￘©º¥°¹¥¸­³²￦·¹¶´°¹·Ζ￦‫ڵڴ‬ϑ‫ڵڴ‬ϑ‫ڼڵڴڶ‬￦ ‫ڷ‬Ζ‫ڹڶڸ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦ￖ­©§©±©¥°￦¶©¥°­¾¥¸­³²￦ ￦‫ڼڵڴڶ‬￦Ϯ‫ڷ‬Ζ‫ڹڶڸ‬Ζ‫ڴڴڴ‬￦ϑ￦‫ڹڶ‬ϯ￦ ‫ڻڷڵ‬Ζ‫ڴڴڴ‬￦
￘©±¥­²­²«￦¶©º¥°¹¥¸­³²￦·¹¶´°¹·￦©²¨￦³ª￦‫ڼڵڴڶ‬￦ (B)￦ ‫ڷ‬Ζ‫ڼڼڶ‬Ζ‫ڴڴڴ‬￦
￦
Question No. 4
ￔ©¸￦￙©°°­²«￦ￖ¶­§© ‫ڻ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦￦
ￒ©··Ό￦￉¥¶¶½­²«￦¥±³¹²¸￦ ￦‫ڵڴ‬ϑ‫ڶڴ‬ϑ‫ڴڶڴڶ‬￦ ￦ ￦
￦ￊ©´¶©§­¥¸©¨￦ ￘©´°¥§©±©²¸￦ ￉³·¸Ζ￦ ¨¥¸©￦ ³ª￦ ‫ں‬Ζ‫ڴڹڼ‬Ζ‫ڴڴڴ‬￦
¶©º¥°¹¥¸­³²￦
￦ￒ©··Ό￦￙¹¦·©µ¹©²¸￦¨©´¶©§­¥¸­³²￦Ϯￖ‫ڴڸڹ‬Ζ‫ڴڴڴ‬￦¼￦‫ڶ‬ϯ￦ ‫ڴڸڹ‬Ζ‫ڴڴڴ‬￦ ‫ں‬Ζ‫ڴڵڷ‬Ζ‫ڴڴڴ‬￦
ￍ¥­²￦³²￦·¥°©￦ (C) ‫ڴڽں‬Ζ‫ڴڴڴ‬￦
￦
Question No. 5
￘©º¥°¹¥¸­³²￦·¹¶´°¹·Ζ￦¦©«­²²­²«￦ ‫ڷ‬Ζ‫ڹڶڸ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦ￖ­©§©±©¥°￦¶©¥°­¾¥¸­³²￦ª³¶￦¸»³￦½©¥¶·￦Ϯￖ‫ڸڻڶ‬Ζ‫ڴڴڴ‬￦¼￦‫ڶ‬ϯ ‫ڸڻڶ‬Ζ‫ڴڴڴ‬
￘©±¥­²­²«￦¶©º¥°¹¥¸­³²￦·¹¶´°¹·￦¸³￦￘ϑￋ￦ ￦ (B)￦ ‫ڷ‬Ζ‫ڵڹڵ‬Ζ‫ڴڴڴ‬￦
￦
SUMMARY OF ANSWERS:
1. C 2. B 3. B 4. C 5. B
￦
￦
PROBLEM 24-4 Impairment and Revaluation of PPE
￦
CASE NO. 1 COST MODEL
Question No. 1
￉³·¸￦ ‫ڶ‬Ζ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦￘©·­¨¹¥°￦º¥°¹© ‫ڴڴڶ‬Ζ‫ڴڴڴ‬
ￊ©´¶©§­¥¦°©￦¥±³¹²¸￦ ‫ڶ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
ￊ­º­¨©￦¦½Ό￦ￋ·¸­±¥¸©¨￦¹·©ª¹°￦°­ª©￦ ‫ڴڵ‬￦
ￊ©´¶©§­¥¸­³²￦Ο￦‫ڼڵڴڶ‬￦ ￦ ￦ (B)￦ ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦
￦
223
Chapter 24: Revaluation, Impairment and Noncurrent Asset Held for Sale

Question No. 2
￠©¶³Κ￦ￚ¬©￦§³±´¥²½￦­·￦¹·­²«￦¸¬©￦§³·¸￦±³¨©°Κ(A)￦
￦
Question No. 3
￉³·¸￦ ‫ڶ‬Ζ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦￘©·­¨¹¥°￦º¥°¹©￦ ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦
ￊ©´¶©§­¥¦°©￦¥±³¹²¸￦ ‫ڶ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
ￊ­º­¨©￦¦½Ό￦ￋ·¸­±¥¸©¨￦¹·©ª¹°￦°­ª©￦ ‫ڴڵ‬￦
ￊ©´¶©§­¥¸­³²￦Ο￦‫ڽڵڴڶ‬￦ ￦ ￦ (B)￦ ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦

Question No. 4
￉³·¸￦ ‫ڶ‬Ζ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦ￇ§§¹±¹°¥¸©¨￦¨©´¶©§­¥¸­³²￦Ϯ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦¼￦‫ڷ‬￦½©¥¶·ϯ￦ ‫ڴڴں‬Ζ‫ڴڴڴ‬￦
￉¥¶¶½­²«￦º¥°¹©￦ ￦￐¥²¹¥¶½￦‫ڵ‬Ζ￦‫ڵڶڴڶ‬￦ ‫ڵ‬Ζ‫ڴڴں‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦￘©§³º©¶¥¦°©￦¥±³¹²¸Ζ￦¨¥¸©￦³ª￦­±´¥­¶±©²¸￦ ‫ڽڷڽ‬Ζ‫ڴڴڹ‬￦
ￏ±´¥­¶±©²¸￦°³·· ￦ ￦ (B) ‫ڴںں‬Ζ‫ڴڴڹ‬￦

Question No. 5
￘©§³º©¶¥¦°©￦¥±³¹²¸￦‫ܥ‬￦￉¥¶¶½­²«￦º¥°¹©￦¥ª¸©¶￦­±´¥­¶±©²¸￦ ‫ڽڷڽ‬Ζ‫ڴڴڹ‬￦
ￒ©··Ό￦￘©º­·©¨￦¶©·­¨¹¥°￦º¥°¹©￦ ‫ڴڸ‬Ζ‫ڴڴڴ‬￦
ￊ©´¶©§­¥¦°©￦¥±³¹²¸￦ ‫ڽڽڼ‬Ζ‫ڴڴڹ‬￦
ￊ­º­¨©￦¦½Ό￦￘©±¥­²­²«￦¹·©ª¹°￦°­ª©￦Ϯ‫ڴڵ‬￦ ￦‫ڷ‬￦½©¥¶·ϯ ‫ڻ‬
ￊ©´¶©§­¥¸­³² (B)￦ ‫ڼڶڵ‬Ζ‫ڴڴڹ‬￦
￦
SUMMARY OF ANSWERS:
1. B 2. A 3. B 4. B 5. B
￦
CASE NO. 2 REVALUATION MODEL
Question No. 1
￉³·¸￦ ‫ڶ‬Ζ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦￘©·­¨¹¥°￦º¥°¹© ‫ڴڴڶ‬Ζ‫ڴڴڴ‬
ￊ©´¶©§­¥¦°©￦¥±³¹²¸￦ ‫ڶ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
ￊ­º­¨©￦¦½Ό￦ￋ·¸­±¥¸©¨￦¹·©ª¹°￦°­ª©￦ ‫ڴڵ‬￦
ￊ©´¶©§­¥¸­³²￦Ο￦‫ڼڵڴڶ‬￦ ￦ ￦ (B)￦ ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦
￦
Question No. 2￦
￘©§³º©¶¥¦°©￦¥±³¹²¸ϑª¥­¶￦º¥°¹©￦ ￦ ‫ڶ‬Ζ‫ڴڽڽ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦￉¥¶¶½­²«￦¥±³¹²¸￦ ￦
ￓ¥§¬­²©¶½￦¥¸￦§³·¸￦ ‫ڶ‬Ζ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦ ￦
ￒ©··Ό ￇ§§¹±¹°¥¸©¨￦¨©´¶©§­¥¸­³²￦ ‫ڴڴڶ‬Ζ‫ڶ ڴڴڴ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
￦ ￦ ￦

￘©º¥°¹¥¸­³²￦·¹¶´°¹·￦ (D) ‫ڴڽڽ‬Ζ‫ڴڴڴ‬￦

￦
Question No. 3
￘©§³º©¶¥¦°©￦¥±³¹²¸ϑª¥­¶￦º¥°¹©￦ ‫ڶ‬Ζ‫ڴڽڽ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦￘©º­·©¨￦¶©·­¨¹¥°￦º¥°¹©￦ ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦
224
Chapter 24: Revaluation, Impairment and Noncurrent Asset Held for Sale

ￊ©´¶©§­¥¦°©￦¥±³¹²¸￦ ‫ڶ‬Ζ‫ڴڽڻ‬Ζ‫ڴڴڴ‬￦
ￊ­º­¨©￦¦½Ό￦￘©±¥­²­²«￦¹·©ª¹°￦°­ª©￦ ‫ڽ‬￦
ￊ©´¶©§­¥¸­³²￦ ￦ ￦ ￦ (C)￦ ‫ڴڵڷ‬Ζ‫ڴڴڴ‬￦

Question No. 4
￘©§³º©¶¥¦°©￦¥±³¹²¸Ζ￦¨¥¸©￦³ª￦¶©º¥°¹¥¸­³²￦ ￦ ‫ڶ‬Ζ‫ڴڽڽ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦￙¹¦·©µ¹©²¸￦¨©´¶©§­¥¸­³²￦ª³¶￦‫ڶ‬￦½©¥¶·￦ ￦ ‫ڴڶں‬Ζ‫ڴڴڴ‬￦
￉¥¶¶½­²«￦¥±³¹²¸￦ ￦ ‫ڶ‬Ζ‫ڴڻڷ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦￘©§³º©¶¥¦°©￦¥±³¹²¸Ζ￦¨¥¸©￦³ª￦­±´¥­¶±©²¸￦ ￦ ‫ڽڷڽ‬Ζ‫ڴڴڹ‬￦
ￊ©§¶©¥·©￦­²￦º¥°¹©￦ ￦ ‫ڵ‬Ζ‫ڴڷڸ‬Ζ‫ڴڴڹ‬￦
ￒ©··Ό￦￘©±¥­²­²«￦¶©º¥°¹¥¸­³²￦ ￦ ￦
￘©º¥°¹¥¸­³²￦·¹¶´°¹·Ζ￦¨¥¸©￦³ª￦¶©º¥°¹¥¸­³²￦ ‫ڴڽڽ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦ￖ­©§©±©¥°￦¶©¥°­¾¥¸­³²￦ª³¶￦¸»³￦½©¥¶·￦ ‫ڴڶڶ‬Ζ‫ڴڴڴ‬￦ ‫ڴڻڻ‬Ζ‫ڴڴڴ‬￦
ￏ±´¥­¶±©²¸￦°³··￦￦ ￦ ￦ (B)￦ ￦ ‫ڴںں‬Ζ‫ڴڴڹ‬￦

Question No. 5
￘©§³º©¶¥¦°©￦¥±³¹²¸￦‫ܥ‬￦￉¥¶¶½­²«￦º¥°¹©￦¥ª¸©¶￦­±´¥­¶±©²¸￦ ‫ڽڷڽ‬Ζ‫ڴڴڹ‬￦
ￒ©··Ό￦￘©º­·©¨￦¶©·­¨¹¥°￦º¥°¹©￦ ‫ڴڸ‬Ζ‫ڴڴڴ‬￦
ￊ©´¶©§­¥¦°©￦¥±³¹²¸￦ ‫ڽڽڼ‬Ζ‫ڴڴڹ‬￦
ￊ­º­¨©￦¦½Ό￦￘©±¥­²­²«￦¹·©ª¹°￦°­ª©￦Ϯ‫ڴڵ‬￦ ￦‫ڷ‬￦½©¥¶·ϯ￦ ‫ڻ‬￦
ￊ©´¶©§­¥¸­³² (B)￦ ‫ڼڶڵ‬Ζ‫ڴڴڹ‬￦

SUMMARY OF ANSWERS:
1. B 2. D 3. C 4. B 5. B
￦

PROBLEM 24-5 Impairment and Revaluation of PPE

CASE NO. 1 COST MODEL
Question No. 1
￉³·¸￦ ‫ڶ‬Ζ‫ڴڴڷ‬Ζ‫ڴڴڴ‬
ￒ©··Ό￦￘©·­¨¹¥°￦º¥°¹©￦ ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦
ￊ©´¶©§­¥¦°©￦¥±³¹²¸￦ ‫ڶ‬Ζ‫ڴڴڵ‬Ζ‫ڴڴڴ‬￦
ￊ­º­¨©￦¦½Ό￦ￋ·¸­±¥¸©¨￦¹·©ª¹°￦°­ª©￦ ‫ڴڵ‬￦
ￊ©´¶©§­¥¸­³²￦Ο￦‫ڼڵڴڶ‬￦ ￦ ￦ (C)￦ ‫ڴڵڶ‬Ζ‫ڴڴڴ‬￦
￦
Question No. 2
￉³·¸￦ ‫ڶ‬Ζ‫ڴڴڷ‬Ζ‫ڴڴڴ‬
ￒ©··Ό￦ￇ§§¹±¹°¥¸©¨￦ￊ©´¶©§­¥¸­³²￦ ‫ڴڵڶ‬Ζ‫ڴڴڴ‬￦
￉¥¶¶½­²«￦¥±³¹²¸￦ ￦‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ڽڵڴڶ‬￦ ‫ڶ‬Ζ‫ڴڽڴ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦￘©§³º©¶¥¦°©￦¥±³¹²¸Ζ￦¨¥¸©￦³ª￦­±´¥­¶±©²¸ ‫ڵ‬Ζ‫ڻڸڼ‬Ζ‫ڴڴڴ‬
ￏ±´¥­¶±©²¸￦°³·· ￦ ￦ (D)￦ ‫ڷڸڶ‬Ζ‫ڴڴڴ‬
￦

225
Chapter 24: Revaluation, Impairment and Noncurrent Asset Held for Sale

Question No. 3
￘©§³º©¶¥¦°©￦¥±³¹²¸ ‫ڵ‬Ζ‫ڻڸڼ‬Ζ‫ڴڴڴ‬
ￒ©··Ό￦￘©º­·©¨￦¶©·­¨¹¥°￦º¥°¹©￦ ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦
ￊ©´¶©§­¥¦°©￦¥±³¹²¸￦ ‫ڵ‬Ζ‫ڻڸں‬Ζ‫ڴڴڴ‬￦
ￊ­º­¨©￦¦½Ό￦￘©±¥­²­²«￦¹·©ª¹°￦°­ª©￦ ‫ڽ‬￦
ￊ©´¶©§­¥¸­³² (D)￦ ‫ڷڼڵ‬Ζ‫ڴڴڴ‬￦

Question No. 4
Zero. ￚ¬©￦§³±´¥²½￦­·￦¹·­²«￦¸¬©￦cost model￦¸¬©￦­²§¶©¥·©￦­²￦§¥¶¶½­²«￦¥±³¹²¸￦³ª￦
not recognizedΚ

￘©§³º©¶¥¦°©￦¥±³¹²¸ϑª¥­¶￦º¥°¹©￦ ￦ ‫ڶ‬Ζ‫ڴڽڽ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦￉¥¶¶½­²«￦¥±³¹²¸￦
￦￦￦￉³·¸￦ ‫ڶ‬Ζ‫ڴڴڷ‬Ζ‫ڴڴڴ‬￦
￦￦￦ￒ©··Ό ￇ§§¹±Κ￦ￊ©´¶©§­¥¸­³² Ϯ‫ڴڵڶ‬Ζ‫ڴڴڴ‬￦¼￦‫ڷ‬￦½©¥¶·ϯ ‫ڴڷں‬Ζ‫ڵ ڴڴڴ‬Ζ‫ڴڻں‬Ζ‫ڴڴڴ‬
￦ ￦ ￦

￘©º¥°¹¥¸­³²￦·¹¶´°¹·￦ (A) ‫ڸڶ‬Ζ‫ڴڴڴ‬

Question No. 5
ￒ³»©¶￦¦©¸»©©²￦￘©§³º©¶¥¦°©￦¥±³¹²¸￦¥²¨￦»³¹°¨￦¬¥º©￦¦©©²￦¦³³¯￦ ‫ڵ‬Ζ‫ڴڻں‬Ζ‫ڴڴڴ‬￦
º¥°¹©￦ ￦‫ڵڴ‬ϑ‫ڵڴ‬ϑ‫ڵڶڴڶ‬￦
ￒ©··Ό￦ￔ©»￦¶©·­¨¹¥°￦º¥°¹©￦ ‫ڴ‬
ￊ©´¶©§­¥¦°©￦¥±³¹²¸￦ ‫ڵ‬Ζ‫ڴڻں‬Ζ‫ڴڴڴ‬￦
ￊ­º­¨©￦¦½Ό￦￘©±¥­²­²«￦¹·©ª¹°￦°­ª©￦Ϯ‫ڴڵ‬￦ ￦‫ڷ‬ϯ￦ ‫ڻ‬￦
ￊ©´¶©§­¥¸­³² (B)￦ ‫ڼڷڶ‬Ζ‫ڵڻڹ‬￦

SUMMARY OF ANSWERS:
1. C 2. D 3. D 4. A 5. B

CASE NO. 2 REVALUATION MODEL
Question No. 1
￉³·¸￦ ‫ڶ‬Ζ‫ڴڴڷ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦￘©·­¨¹¥°￦º¥°¹©￦ ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦
ￊ©´¶©§­¥¦°©￦¥±³¹²¸￦ ‫ڶ‬Ζ‫ڴڴڵ‬Ζ‫ڴڴڴ‬￦
ￊ­º­¨©￦¦½Ό￦ￋ·¸­±¥¸©¨￦¹·©ª¹°￦°­ª©￦ ‫ڴڵ‬￦
ￊ©´¶©§­¥¸­³²￦Ο￦‫ڼڵڴڶ‬￦ ￦ ￦ (C)￦ ‫ڴڵڶ‬Ζ‫ڴڴڴ‬￦
￦
Question No. 2
￉³·¸￦ ‫ڶ‬Ζ‫ڴڴڷ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦ￇ§§¹±¹°¥¸©¨￦ￊ©´¶©§­¥¸­³² ‫ڴڵڶ‬Ζ‫ڴڴڴ‬￦
￉¥¶¶½­²«￦¥±³¹²¸￦ ￦‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ڽڵڴڶ‬￦ ‫ڶ‬Ζ‫ڴڽڴ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦￘©§³º©¶¥¦°©￦¥±³¹²¸Ζ￦¨¥¸©￦³ª￦­±´¥­¶±©²¸￦ ‫ڵ‬Ζ‫ڻڸڼ‬Ζ‫ڴڴڴ‬￦
ￏ±´¥­¶±©²¸￦°³··￦￦ ￦ ￦ (D)￦ ‫ڷڸڶ‬Ζ‫ڴڴڴ‬￦
￦

226
Chapter 24: Revaluation, Impairment and Noncurrent Asset Held for Sale

Question No. 3
￘©§³º©¶¥¦°©￦¥±³¹²¸ ‫ڵ‬Ζ‫ڻڸڼ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦￘©º­·©¨￦¶©·­¨¹¥°￦º¥°¹©￦ ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦
ￊ©´¶©§­¥¦°©￦¥±³¹²¸￦ ‫ڵ‬Ζ‫ڻڸں‬Ζ‫ڴڴڴ‬￦
ￊ­º­¨©￦¦½Ό￦￘©±¥­²­²«￦¹·©ª¹°￦°­ª©￦ ‫ڽ‬￦
ￊ©´¶©§­¥¸­³² (D)￦ ‫ڷڼڵ‬Ζ‫ڴڴڴ‬￦
￦
Question No. 4
￘©§³º©¶¥¦°©￦¥±³¹²¸ϑª¥­¶￦º¥°¹©￦ ￦ ‫ڶ‬Ζ‫ڴڽڽ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦￉¥¶¶½­²«￦¥±³¹²¸￦
￦￦￦￉³·¸ ‫ڶ‬Ζ‫ڴڴڷ‬Ζ‫ڴڴڴ‬
￦￦￦ￒ©··Ό￦ￇ§§¹±Κ￦ￊ©´¶©§­¥¸­³²￦Ϯ‫ڴڵڶ‬Ζ‫ڴڴڴ‬￦¼￦‫ڷ‬￦½©¥¶·ϯ￦ ‫ڴڷں‬Ζ‫ڴڴڴ‬￦ ‫ڵ‬Ζ‫ڴڻں‬Ζ‫ڴڴڴ‬￦
￦ ￦ ￦

￘©º¥°¹¥¸­³²￦·¹¶´°¹·￦ ￦ ￦ (C)￦ ‫ڸڶ‬Ζ‫ڴڴڴ‬￦

￘©§³º©¶¥¦°©￦¥±³¹²¸Ζ￦¨¥¸©￦³ª￦¶©º¥°¹¥¸­³²￦ ‫ڵ‬Ζ‫ڸڽں‬Ζ‫ڴڴڴ‬￦ ￦ ￦
￝³¹°¨￦¬¥º©￦¦©©²￦¦³³¯Ο²³￦­±´¥­¶±©²¸￦ ￦ ￦ ￦
￉³·¸￦ ‫ڶ‬Ζ‫ڴڴڷ‬Ζ‫ڴڴڴ‬￦ ￦ ￦ ￦
Low
ￒ©··Ό￦ￇ§§¹±Κ￦ￊ©´¶©§­¥¸­³²￦ ‫ڴڷں‬Ζ‫ڴڴڴ‬￦ ‫ڵ‬Ζ‫ڴڻں‬Ζ‫ڴڴڴ‬￦ er ‫ڵ‬Ζ‫ڴڻں‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦ￇ§¸¹¥°￦¦³³¯￦º¥°¹©￦»­¸¬￦­±´¥­¶±©²¸￦ ￦ ￦ ￦
￘©§³º©¶¥¦°©￦¥±³¹²¸Ζ￦¨¥¸©￦³ª￦­±´¥­¶±©²¸￦ ‫ڵ‬Ζ‫ڻڸڼ‬Ζ‫ڴڴڴ‬￦ ￦ ￦
ￒ©··Ό￦￙¹¦·©µ¹©²¸￦¨©´¶©§­¥¸­³²￦ª³¶￦‫ڶ‬￦½©¥¶·￦
Ϯ‫ڷڼڵ‬Ζ‫ڴڴڴ‬￦¼￦‫ڶ‬￦½©¥¶·ϯ￦ ‫ںںڷ‬Ζ‫ڴڴڴ‬￦ ￦ ‫ڵ‬Ζ‫ڵڼڸ‬Ζ‫ڴڴڴ‬￦
ￍ¥­²￦³²￦¶©º©¶·¥°￦³ª￦­±´¥­¶±©²¸￦°³··￦ ￦ ‫ڽڼڵ‬Ζ‫ڴڴڴ‬￦

Question No. 5
￘©§³º©¶¥¦°©￦¥±³¹²¸￦ ￦‫ڵڴ‬ϑ‫ڵڴ‬ϑ‫ڵڶڴڶ‬￦ ‫ڵ‬Ζ‫ڸڽں‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦￘©º­·©¨￦¶©·­¨¹¥°￦º¥°¹©￦ Ο￦
ￊ©´¶©§­¥¦°©￦¥±³¹²¸￦ ‫ڵ‬Ζ‫ڸڽں‬Ζ‫ڴڴڴ‬￦
ￊ­º­¨©￦¦½Ό￦￘©±¥­²­²«￦¹·©ª¹°￦°­ª©￦Ϯ‫ڴڵ‬￦ ￦‫ڷ‬ϯ￦ ‫ڻ‬￦
ￊ©´¶©§­¥¸­³² (A)￦ ‫ڶڸڶ‬Ζ‫ڴڴڴ‬￦
￦
SUMMARY OF ANSWERS:
1. C 2. D 3. D 4. C 5. A
￦

PROBLEM 24-6 Impairment of Intangible Assets
￦

Question No. 1
ￖ¥¸©²¸￦Ϯ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦ϑ￦‫ڴڵ‬ϯ￦ ‫ڴڶ‬Ζ‫ڴڴڴ‬￦
￉³±´¹¸©¶￦·³ª¸»¥¶©￦Ϯ‫ڴڴڵ‬Ζ‫ڴڴڴ‬￦¼￦‫ڴں‬ϑ‫ڴڶڵ‬ϯ￦ ‫ڴڹ‬Ζ‫ڴڴڴ‬
ￚ³¸¥°￦¥±³¶¸­¾¥¸­³²￦ ￦ ￦ ￦ (A)￦ ‫ڴڻ‬Ζ‫ڴڴڴ‬￦
￦

ￚ¬©￦ §³´½¶­«¬¸￦ ¥²¨￦ ¸¶¥¨©²¥±©￦ ­·￦ ²³¸￦ ¥±³¶¸­¾©¨￦ ¦©§¥¹·©￦ ¸¬©½￦ ¬¥º©￦ ­²¨©ª­²­¸©￦
¹·©ª¹°￦°­ª©Κ￦
￦
227
Chapter 24: Revaluation, Impairment and Noncurrent Asset Held for Sale

Question No. 2
Copyright:￦ ￦
￦￦￉¥¶¶½­²«￦º¥°¹©￦ ‫ڴڴڸ‬Ζ‫ڴڴڴ‬￦ ￦
￦￦ￒ©··Ό￦￘©§³º©¶¥¦°©￦¥±³¹²¸￦Ϯ‫ڴڼ‬Ζ‫ڴڴڴ‬￦ϑ￦Κ‫ڹڴ‬ϯ￦ ‫ڴںڵ‬Ζ‫ڴڴڴ‬￦ ‫ڴڸڶ‬Ζ‫ڴڴڴ‬￦
Tradename:￦ ￦ ￦
￦￦￉¥¶¶½­²«￦º¥°¹© ‫ڴڹڷ‬Ζ‫ڴڴڴ‬￦
￦￦ￒ©··Ό￦￘©§³º©¶¥¦°©￦¥±³¹²¸￦Ϯ‫ڹڵ‬Ζ‫ڴڴڴ‬￦ϑ￦Κ‫ڹڴ‬ϯ￦ ‫ڴڴڷ‬Ζ‫ڴڴڴ‬￦ ‫ڴڹ‬Ζ‫ڴڴڴ‬￦
Goodwill:￦ ￦ ￦
￦￦￉¥¶¶½­²«￦º¥°¹©￦³ª￦¶©´³¶¸­²«￦¹²­¸￦ ‫ڷ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦ ￦
￦￦ￒ©··Ό￦￘©§³º©¶¥¦°©￦¥±³¹²¸￦Ϯ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦¼￦‫ڸڵ‬Κ‫ڽڷڽڴ‬ϯ ‫ڶ‬Ζ‫ڼڵڼ‬Ζ‫ڴڼڻ‬￦ ‫ڵڼڵ‬Ζ‫ڴڶڶ‬
ￚ³¸¥°￦­±´¥­¶±©²¸￦°³··￦ (C) ‫ڵڻڸ‬Ζ‫ڴڶڶ‬￦
￦
Question No. 3
￉¥¶¶½­²«￦º¥°¹©￦³ª￦«³³¨»­°°￦ ￦‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ڻڵڴڶ‬￦ ‫ڴڴڽ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦ￇ°°³§¥¸©¨￦­±´¥­¶±©²¸￦°³··￦³ª￦¶©´³¶¸­²«￦¹²­¸ ‫ڵڼڵ‬Ζ‫ڴڶڶ‬￦
￉¥¶¶½­²«￦º¥°¹©￦³ª￦«³³¨»­°°￦ ￦‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ ڼڵڴڶ‬￦ (B) ‫ڼڵڻ‬Ζ‫ڴڼڻ‬￦
￦
Question No. 4
ￖ¥¸©²¸￦Ϯￖ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦ ￦ￖ‫ڴڶ‬Ζ‫ڴڴڴ‬ϯ￦ ‫ڴڼڵ‬Ζ‫ڴڴڴ‬￦
￉³´½¶­«¬¸￦Ϯ¶©§³º©¶¥¦°©￦¥±³¹²¸ϯ￦ ‫ڴںڵ‬Ζ‫ڴڴڴ‬￦
ￚ¶¥¨©²¥±©￦Ϯ¶©§³º©¶¥¦°©￦¥±³¹²¸ϯ￦ ‫ڴڴڷ‬Ζ‫ڴڴڴ‬￦
￉³±´¹¸©¶￦·³ª¸»¥¶©￦Ϯ‫ڴڴڵ‬Ζ‫ڴڴڴ‬￦ ‫ڴڹ‬Ζ‫ڴڴڴ‬ϯ￦ ‫ڴڹ‬Ζ‫ڴڴڴ‬￦
￉¥¶¶½­²«￦º¥°¹©￦³ª￦­²¸¥²«­¦°©￦¥··©¸·￦ ￦‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ڼڵڴڶ‬￦ (A)￦ ‫ڴڽں‬Ζ‫ڴڴڴ‬￦
￦

ￔ³¸©￦¸¬¥¸￦«³³¨»­°°￦­·￦²³¸￦¶©´³¶¸©¨￦¥·￦¥²￦­²¸¥²«­¦°©￦¥··©¸Κ￦
￦

SUMMARY OF ANSWERS:
1. A 2. C 3. B 4. A


PROBLEM 24-7 Amortization and Impairment of Intangible Assets

Questions 1 and 2
ￚ¶¥¨©±¥¶¯￦Ο ￛ²¥¨®¹·¸©¨￦¦¥°¥²§©￦ ￦ ‫ڵ‬Ζ‫ڴڷڸ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦ￛ²¥±³¶¸­¾©¨￦§³·¸￦³ª￦­±´¶³º©±©²¸￦ ￦ ￦
￦￦¸¬¥¸￦·¬³¹°¨￦¬¥º©￦¦©©²￦©¼´©²·©¨￦ ￦ ￦
￦￦￦￉³·¸ ‫ڴڹڵ‬Ζ‫ڴڴڴ‬￦ ￦
￦￦￦ￒ©··Ό￦ￇ§§¹±Κ￦¥±³¶¸­¾¥¸­³²￦Ϯ‫ڴڹڵ‬Ζ‫ڴڴڴ‬ϑ‫ڴڵ‬￦¼￦‫ڶ‬ϯ￦ ‫ڴڷ‬Ζ‫ڴڴڴ‬￦ ‫ڴڶڵ‬Ζ‫ڴڴڴ‬￦
ￚ³¸¥°￦ ￦ ‫ڵ‬Ζ‫ڴڵڷ‬Ζ‫ڴڴڴ‬￦
ￇ¨¨Ό￦￉³±´©¸­¸­º©￦´¥¸©²¸￦¨©¦­¸©¨￦¸³￦©¼´©²·©￦ ￦ ￦
￦￦￦￉³·¸ ‫ڹڷڵ‬Ζ‫ڴڴڴ‬￦ ￦
￦￦￦ￒ©··Ό￦ￇ§§¹±Κ￦¥±³¶¸­¾¥¸­³²￦Ϯ‫ڹڷڵ‬Ζ‫ڴڴڴ‬ϑ‫ڽ‬￦¼￦‫ڵ‬ϯ￦ ‫ڹڵ‬Ζ‫ڴڴڴ‬￦ ‫ڴڶڵ‬Ζ‫ڴڴڴ‬￦
ￇ¨®¹·¸©¨￦¦¥°¥²§©Ζ￦￐¥²¹¥¶½￦‫ڵ‬Κ￦‫ڼڵڴڶ‬￦ ￦ ‫ڵ‬Ζ‫ڴڷڸ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦ￇ±³¶¸­¾¥¸­³²￦¨¹¶­²«￦¸¬©￦½©¥¶￦ ￦ ￦
￦￦ￖ¥¸©²¸￦»­¸¬￦¶©±¥­²­²«￦°­ª©￦³ª￦‫ڸ‬￦½©¥¶·￦ЄϮ‫ڴںڵ‬Ζ‫ڴڴڴ‬ϑ‫ڸ‬ϯ ‫ڴڸ‬Ζ‫ڴڴڴ‬￦ (1) A￦
￦￦￦￘©±¥­²­²«￦´¥¸©²¸￦Ϯ‫ڵ‬Ζ‫ڴڷڸ‬Ζ‫ڴڴڴ‬Ο‫ڴںڵ‬Ζ‫ڴڴڴ‬ϯϑ‫ڹڵ‬Ο‫ڻ‬ϯ￦ ‫ڼڹڵ‬Ζ‫ڴڹڻ‬￦ ‫ڼڽڵ‬Ζ‫ڴڹڻ‬￦
￉¥¶¶½­²«￦º¥°¹©￦³ª￦¸¬©￦ￖ¥¸©²¸Ζ￦‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ڼڵڴڶ‬￦ (2) A￦ ‫ڵ‬Ζ‫ڵڷڶ‬Ζ‫ڴڹڶ‬￦
228
Chapter 24: Revaluation, Impairment and Noncurrent Asset Held for Sale

￉³±´¹¸¥¸­³²￦³ª￦¸¬©￦ￖ‫ڴںڵ‬Ζ‫ڴڴڴ‬Ό￦ ￦
ￕ¶­«­²¥°￦§³·¸ ‫ڴڴڷ‬Ζ‫ڴڴڴ‬
ￒ©··Ό￦ￇ§§¹±¹°¥¸©¨￦¥±³¶¸­¾¥¸­³²￦Ϯ‫ڴڴڷ‬Ζ‫ڴڴڴ‬ϑ‫ڹڵ‬ϯ￦¼￦‫ڻ‬￦½©¥¶·ϯϯ￦ ‫ڴڸڵ‬Ζ‫ڴڴڴ‬￦
￘©±¥­²­²«￦§¥¶¶½­²«￦º¥°¹©Ζ￦‫ڵ‬ϑ‫ڵ‬ϑ‫ڼڵڴڶ‬￦ ‫ڴںڵ‬Ζ‫ڴڴڴ‬￦
￦

ￚ¬©￦‫ڻ‬￦½©¥¶·￦¥«©￦­·￦ª¶³±￦￐¥²¹¥¶½￦‫ڵ‬Ζ￦‫ڵڵڴڶ‬￦¸³￦￐¥²¹¥¶½￦‫ڵ‬Ζ￦‫ڼڵڴڶ‬Κ￦

Question No. 3
￉¥¶¶½­²«￦º¥°¹©￦³ª￦¸¬©￦¸¶¥¨©±¥¶¯￦Ϯ²³￦¥±³¶¸­¾¥¸­³²ϯ￦ ‫ڴڴڼ‬Ζ‫ڴڴڴ‬
ￒ©··Ό￦￘©§³º©¶¥¦°©￦¥±³¹²¸￦Ϯￖ‫ڹڻ‬Ζ‫ڴڴڴ‬ϑ‫ܫڴڵ‬ϯ￦ ‫ڴڹڻ‬Ζ‫ڴڴڴ‬￦
ￏ±´¥­¶±©²¸￦°³··￦￦ ￦ ￦ ￦ (B)￦ ‫ڴڹ‬Ζ‫ڴڴڴ‬￦
￦
Question No.4
ￇ¨®¹·¸©¨￦§¥¶¶½­²«￦º¥°¹©￦³ª￦¸¬©￦¸¶¥¨©±¥¶¯￦­·￦©µ¹¥°￦¸³￦­¸·￦¶©§³º©¶¥¦°©￦¥±³¹²¸￦³ª￦
ￖ‫ڴڹڻ‬Ζ‫ڴڴڴ‬Κ￦Ϯ￙©©￦²³Κ￦‫ڷ‬ϯ￦ ￦ ￦ ￦ (B)￦

Question No. 5
ￊ³»²´¥½±©²¸￦ ‫ڴڴڹ‬Ζ‫ڴڴڴ‬￦
ￇ¨¨Ό￦ￖ¶©·©²¸￦º¥°¹©￦³ª￦¸¬©￦²³¸© ‫ڸڻڼ‬Ζ‫ڴڴڴ‬￦
ￚ³¸¥°￦§³·¸￦³ª￦¸¬©￦ª¶¥²§¬­·©￦ ‫ڵ‬Ζ‫ڸڻڷ‬Ζ‫ڴڴڴ‬￦
ￊ­º­¨©￦¦½Ό￦ￛ·©ª¹°￦°­ª©￦ ‫ڴڵ‬￦
ￇ±³¶¸­¾¥¸­³²￦©¼´©²·©￦ ￦ ￦ (D)￦ ‫ڻڷڵ‬Ζ‫ڴڴڸ‬￦
￦

SUMMARY OF ANSWERS:
1. A 2. A 3. B 4. B 5. D
￦
￦
PROBLEM 24-8 Impairment of Cash Generating Unit
￦

Question No. 1
ￚ³¸¥°￦§¥¶¶½­²«￦¥±³¹²¸￦¦©ª³¶©￦­±´¥­¶±©²¸￦￦ ‫ڶڻ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦ￌ¥­¶￦º¥°¹©￦°©··￦§³·¸·￦¸³￦·©°°￦￦ ‫ڴں‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
ￏ±´¥­¶±©²¸￦°³··￦￦ ‫ڶڵ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦ￏ±´¥­¶±©²¸￦°³··￦¥°°³§¥¸©¨￦¸³￦ￍ³³¨»­°° (D) ‫ڶ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
ￏ±´¥­¶±©²¸￦°³··￦¥°°³§¥¸©¨￦¸³￦³¸¬©¶￦¥··©¸·￦￦ ‫ڴڵ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
￦
Questions No. 2 and 3 (A)
ￕ¸¬©¶￦ ¥··©¸·￦ ­²￦ ¸¬­·￦ §¥·©￦ »³¹°¨￦ ­²§°¹¨©￦ ³²°½￦ ￖￖￋ￦ ¥²¨￦ ￖ¥¸©²¸Κ￦ ￏ±´¥­¶±©²¸￦ ³ª￦
­²º©²¸³¶­©·￦Ϯ­Κ©Κ￦»¶­¸©Ο¨³»²￦¸³￦ￔ￘ￜϯ￦­·￦§³º©¶©¨￦¦½￦ￖￇ￙￦‫ڶ‬￦»¬­°©￦­±´¥­¶±©²¸￦³ª￦ￌￇ￦
¥¸￦ￌￜￚￕ￉ￏ￦»­°°￦¦©￦§³º©¶©¨￦¦½￦ￖￇ￙￦‫ڽڷ‬￦ϑ￦ￖￌ￘￙￦‫ڽ‬Κ￦
￦

229
Chapter 24: Revaluation, Impairment and Noncurrent Asset Held for Sale

Questions No. 4 and 5￦

￦
Carrying amount Allocated
before Impairment
impairment Ratio loss
ￖￖￋ￦Ϯ¥¸￦§³·¸￦±³¨©°ϯ￦ ‫ڴڷ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦ ‫ڴ‬Κ‫ڹڻ‬￦ ￦￦‫ڻ‬Ζ‫ڴڴڹ‬Ζ‫ڴڴڴ‬￦(D)￦
ￖ¥¸©²¸￦ ‫ڴڵ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦ ‫ڴ‬Κ‫ڹڶ‬￦
￦ ‫ڶ‬Ζ‫ڴڴڹ‬Ζ‫ڴڴڴ‬￦(D)￦
ￚ³¸¥°￦ ‫ڴڸ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦ ‫ڴڵ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦Ϯￊϯ￦
￦
SUMMARY OF ANSWERS:
1. D 2. A 3. A 4. D 5. D
￦
￦
PROBLEM 24-9 Impairment and Reversal of Impairment of Cash Generating
Unit
￦

￉¥·¬￦ ‫ڴڴڵ‬Ζ‫ڴڴڴ‬
ￏ²º©²¸³¶½￦ ‫ڴڴڼ‬Ζ‫ڴڴڴ‬￦
ￇ§§³¹²¸·￦¶©§©­º¥¦°©￦ ‫ڵ‬Ζ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦
ￖ°¥²¸￦¥²¨￦©µ¹­´±©²¸￦ ‫ڸڶ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬
ￒ©··Ό￦ￇ§§¹±¹°¥¸©¨￦¨©´¶©§­¥¸­³²￦￦ ‫ڴڵ‬Ζ‫ڴڴڸ‬Ζ‫ڴڴڴ‬￦
ￚ¶¥¨©±¥¶¯￦ ‫ڶ‬Ζ‫ڴڹڹ‬Ζ‫ڴڴڴ‬￦
ￖ¥¸©²¸￦ ‫ڴڹڼ‬Ζ‫ڴڴڴ‬
ￍ³³¨»­°°￦ ‫ڴڴڸ‬Ζ‫ڴڴڴ‬￦
ￚ³¸¥°￦￉¥¶¶½­²«￦¥±³¹²¸￦³ª￦￉ￍￛ￦ ‫ڽڵ‬Ζ‫ڴڴڹ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦ￜ¥°¹©￦­²￦¹·©￦ ‫ںڵ‬Ζ‫ڴڴڷ‬Ζ‫ڴڴڴ‬￦
ￏ±´¥­¶±©²¸￦°³··￦ ‫ڷ‬Ζ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό ￏ±´¥­¶±©²¸￦¥°°³§¥¸©¨￦¸³￦«³³¨»­°°￦ ‫ڴڴڸ‬Ζ‫ڴڴڴ‬
ￏ±´¥­¶±©²¸￦°³··￦¥°°³§¥¸©¨￦¸³￦³¸¬©¶￦¥··©¸￦ ‫ڶ‬Ζ‫ڴڴڼ‬Ζ‫ڴڴڴ‬￦
￦ ￦
Balance Balance
before Impairment after
Impairment Fraction Loss Impairment
ￖ°¥²¸￦¥²¨￦©µ¹­´±©²¸￦ ‫ڷڵ‬Ζ‫ڴڴں‬Ζ‫ڴڴڴ‬￦ ‫ڷڵ‬Κ‫ں‬ϑ‫ڻڵ‬￦ Ϯ‫ڶ‬Ζ‫ڴڸڶ‬Ζ‫ڴڴڴ‬ϯ￦ ‫ڵڵ‬Ζ‫ڴںڷ‬Ζ‫ڴڴڴ‬￦
ￚ¶¥¨©±¥¶¯￦ ￦￦￦‫ڶ‬Ζ‫ڴڹڹ‬Ζ‫ڴڴڴ‬ ‫ڶ‬Κ‫ڹڹ‬ϑ‫ڻڵ‬ ￦￦￦Ϯ‫ڴڶڸ‬Ζ‫ڴڴڴ‬ϯ￦ ￦￦￦‫ڶ‬Ζ‫ڴڷڵ‬Ζ‫ڴڴڴ‬
ￖ¥¸©²¸￦ ￦￦￦￦￦‫ڴڹڼ‬Ζ‫ڴڴڴ‬￦ Κ‫ڹڼ‬ϑ‫ڻڵ‬￦ ￦￦￦￦Ϯ‫ڴڸڵ‬Ζ‫ڴڴڴ‬ϯ￦ ￦￦￦￦￦￦‫ڴڵڻ‬Ζ‫ڴڴڴ‬￦
ￚ³¸¥°￦ ‫ڻڵ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦ ￦￦￦‫ڶ‬Ζ‫ڴڴڼ‬Ζ‫ڴڴڴ‬￦ ‫ڸڵ‬Ζ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦
￦

Balance Balance
￦ after after
Impairment Reallocation Reallocation
ￖ°¥²¸￦¥²¨￦©µ¹­´±©²¸ ‫ڵڵ‬Ζ‫ڴںڷ‬Ζ‫ڴڴڴ‬ Ϯ‫ڴڸ‬Ζ‫ڴڴڴ‬ϯ ‫ڵڵ‬Ζ‫ڴڶڷ‬Ζ‫ڴڴڴ‬ 1. (B)
ￚ¶¥¨©±¥¶¯￦ ￦￦￦‫ڶ‬Ζ‫ڴڷڵ‬Ζ‫ڴڴڴ‬￦ Ϯ‫ڻ‬Ζ‫ڴڴڹ‬ϯ￦ ￦￦￦‫ڶ‬Ζ‫ڶڶڵ‬Ζ‫ڴڴڹ‬￦ 2. (B)
ￖ¥¸©²¸￦ ￦￦￦￦￦￦‫ڴڵڻ‬Ζ‫ڴڴڴ‬￦ ‫ڻڸ‬Ζ‫ڴڴڹ‬￦ ￦￦￦￦￦￦‫ڻڹڻ‬Ζ‫ڴڴڹ‬￦ 3. (B)
ￚ³¸¥°￦ ‫ڸڵ‬Ζ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦ ￦￦￦￦￦￦￦￦￦￦￦￦Ο￦ ￦￦￦‫ڷ‬Ζ‫ڴڶڹ‬Ζ‫ڴڴڴ‬￦ ￦
￦

230
Chapter 24: Revaluation, Impairment and Noncurrent Asset Held for Sale

Plant and Equipment:

￝³¹°¨￦¬¥º©￦¦©©²￦￈ￜΖ￦²³￦­±´¥­¶±©²¸￦ ￦
￉³·¸￦ ‫ڸڶ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦ ￦
ￒ©··Ό￦ￇ§§¹±¹°¥¸©¨￦¨©´¶©§­¥¸­³²￦Ϯ‫ڶ‬Κ‫ں‬ￓ￦‫ڴڴڷܩ‬Ζ‫ڴڴڴ‬ϯ￦ ‫ڵڵ‬Ζ‫ڴڴں‬Ζ‫ڴڴڴ‬￦ ‫ڶڵ‬Ζ‫ڴڴڸ‬Ζ‫ڴڴڴ‬￦
￦ ￦ ￦

ￇ§¸¹¥°￦￈³³¯￦º¥°¹©￦ ￦ ￦
￦￦ￏ±´¥­¶©¨￦º¥°¹©￦ ‫ڵڵ‬Ζ‫ڴڶڷ‬Ζ‫ڴڴڴ‬ ￦
￦￦ￒ©··Ό￦￙¹¦·©µ¹©²¸￦¨©´¶©§­¥¸­³²￦ ‫ڵ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦ ‫ڴڵ‬Ζ‫ڴڶڷ‬Ζ‫ڴڴڴ‬￦
ￓ¥¼­±¹±￦«¥­²￦³²￦¶©º©¶·¥°￦³ª￦­±´¥­¶±©²¸￦ ￦ ‫ڶ‬Ζ‫ڴڼڴ‬Ζ‫ڴڴڴ‬￦
￦
Trademark:
￝³¹°¨￦¬¥º©￦¦©©²￦￈ￜΖ￦²³￦­±´¥­¶±©²¸￦ ￦ ￦
￉³·¸￦ ‫ڶ‬Ζ‫ڴڹڹ‬Ζ‫ڴڴڴ‬￦ ￦
ￒ©··Ό￦￙¹¦·©µ¹©²¸￦¥±³¶¸­¾¥¸­³²￦ ‫ڴڶڵ‬Ζ‫ڴڴڴ‬￦ ‫ڶ‬Ζ‫ڴڷڸ‬Ζ‫ڴڴڴ‬￦
￦ ￦ ￦

ￇ§¸¹¥°￦￈³³¯￦º¥°¹©￦ ￦ ￦
￦￦ￏ±´¥­¶©¨￦º¥°¹©￦ ‫ڶ‬Ζ‫ڶڶڵ‬Ζ‫ڴڴڹ‬￦ ￦
￦￦ￒ©··Ό￦￙¹¦·©µ¹©²¸￦¨©´¶©§­¥¸­³²￦ ‫ڶڵڵ‬Ζ‫ڴڴڴ‬￦ ‫ڶ‬Ζ‫ڴڵڴ‬Ζ‫ڴڴڹ‬￦
ￓ¥¼­±¹±￦«¥­²￦³²￦¶©º©¶·¥°￦³ª￦­±´¥­¶±©²¸￦ ￦ ‫ڽڵڸ‬Ζ‫ڴڴڹ‬￦
￦
Patent:
￝³¹°¨￦¬¥º©￦¦©©²￦￈ￜΖ￦²³￦­±´¥­¶±©²¸￦ ￦ ￦
￉³·¸￦ ‫ڴڹڼ‬Ζ‫ڴڴڴ‬￦ ￦
ￒ©··Ό￦￙¹¦·©µ¹©²¸￦¥±³¶¸­¾¥¸­³²￦ ‫ڴڼ‬Ζ‫ڴڴڴ‬￦ ‫ڴڻڻ‬Ζ‫ڴڴڴ‬￦
￦ ￦ ￦

ￇ§¸¹¥°￦￈³³¯￦º¥°¹©￦ ￦ ￦
￦￦ￏ±´¥­¶©¨￦º¥°¹©￦ ‫ڻڹڻ‬Ζ‫ڴڴڹ‬￦ ￦
￦￦ￒ©··Ό￦￙¹¦·©µ¹©²¸￦¨©´¶©§­¥¸­³²￦ ‫ڴں‬Ζ‫ڴڴڴ‬￦ ‫ڻڽں‬Ζ‫ڴڴڹ‬￦
ￓ¥¼­±¹±￦«¥­²￦³²￦¶©º©¶·¥°￦³ª￦­±´¥­¶±©²¸￦ ￦ ‫ڶڻ‬Ζ‫ڴڴڹ‬￦
￦

Balance
before Allocated
Reversal Fraction Gain Max gain
ￖ°¥²¸￦¥²¨￦©µ¹­´±©²¸￦ ‫ڴڵ‬Ζ‫ڴڶڷ‬Ζ‫ڴڴڴ‬￦ ‫ڴڶڷڴڵ‬ϑ‫ڼڶڴڷڵ‬￦ ‫ڵ‬Ζ‫ڵڴڽ‬Ζ‫ںڷڵ‬￦ ‫ڵ‬Ζ‫ڵڴڽ‬Ζ‫ںڷڵ‬￦
ￚ¶¥¨©±¥¶¯￦ ‫ڶ‬Ζ‫ڴڵڴ‬Ζ‫ڴڴڹ‬￦ ‫ڴڵڴڶ‬Κ‫ڹ‬ϑ‫ڼڶڴڷڵ‬ ‫ڴڻڷ‬Ζ‫ڶڻڷ‬ ‫ڴڻڷ‬Ζ‫ڶڻڷ‬
ￖ¥¸©²¸￦ ‫ڻڽں‬Ζ‫ڴڴڹ‬￦ ‫ڻڽں‬Κ‫ڹ‬ϑ‫ڼڶڴڷڵ‬￦ ‫ڼڶڵ‬Ζ‫ڶڽڸ‬￦ ‫ڶڻ‬Ζ‫ڴڴڹ‬￦
ￚ³¸¥°￦ ‫ڷڵ‬Ζ‫ڼڶڴ‬Ζ‫ڴڴڴ‬￦ ‫ڶ‬Ζ‫ڴڴڸ‬Ζ‫ڴڴڴ‬￦ ‫ڶ‬Ζ‫ڸڸڷ‬Ζ‫ڼڴڴ‬￦
￦

Balance
Balance Reallo- after
Max gain bef. Reall cation reallocation
ￖ°¥²¸￦¥²¨￦©µ¹­´±©²¸ ‫ڵ‬Ζ‫ڵڴڽ‬Ζ‫ںڷڵ‬ ‫ڶڵ‬Ζ‫ڵڶڶ‬Ζ‫ںڷڵ‬￦ ‫ںڸ‬Ζ‫ڷںڼ‬ ‫ڶڵ‬Ζ‫ڻںڶ‬Ζ‫ڽڽڽ‬
ￚ¶¥¨©±¥¶¯￦ ‫ڴڻڷ‬Ζ‫ڶڻڷ‬￦ ‫ڶ‬Ζ‫ڴڼڷ‬Ζ‫ڶڻڼ‬￦ ‫ڽ‬Ζ‫ڴڷڵ‬￦ ‫ڶ‬Ζ‫ڴڽڷ‬Ζ‫ڵڴڴ‬￦
ￖ¥¸©²¸￦ ‫ڶڻ‬Ζ‫ڴڴڹ‬￦ ‫ڹڶڼ‬Ζ‫ڶڽڽ‬￦ Ϯ‫ڹڹ‬Ζ‫ڶڽڽ‬ϯ￦ ‫ڴڻڻ‬Ζ‫ڴڴڴ‬￦
ￚ³¸¥°￦ ‫ڶ‬Ζ‫ڸڸڷ‬Ζ‫ڼڴڴ‬￦ ‫ڹڵ‬Ζ‫ڼڶڸ‬Ζ‫ڴڴڴ‬￦ Ο￦ ‫ڹڵ‬Ζ‫ڼڶڸ‬Ζ‫ڴڴڴ‬￦
￦

SUMMARY OF ANSWERS:
1. B 2. B 3. B 4. C 5. C 6. A
￦
231
Chapter 24: Revaluation, Impairment and Noncurrent Asset Held for Sale

PROBLEM 24-10 Noncurrent Assets Held for Sale -Single Asset￦

￦

Question No. 1
￉³·¸￦ ‫ڵ‬Ζ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦ￇ§§¹±¹°¥¸©¨￦¨©´¶©§­¥¸­³²￦ ￦ ‫ڴڼڸ‬Ζ‫ڴڴڴ‬￦
￉¥¶¶½­²«￦¥±³¹²¸ ‫ڴڶڻ‬Ζ‫ڴڴڴ‬￦￦
ￒ©··Ό￦ￏ²­¸­¥°￦¥±³¹²¸￦¶©§³«²­¾©¨ ￦lower￦³ªΌ￦ ￦ ￦
￦￦￦￉¥¶¶½­²«￦¥±³¹²¸￦ ‫ڴڶڻ‬Ζ‫ڴڴڴ‬￦
￦￦￦ￌ¥­¶￦º¥°¹©￦°©··￦§³·¸￦¸³￦·©°°￦ ‫ڴڴں‬Ζ‫ڴڴڴ‬￦ ‫ڴڴں‬Ζ‫ڴڴڴ‬￦
ￏ±´¥­¶±©²¸￦°³·· (C) ‫ڴڶڵ‬Ζ‫ڴڴڴ‬￦
￦
Question No. 2
￠©¶³Κ￦ￔ³²Ο§¹¶¶©²¸￦¥··©¸￦¬©°¨￦ª³¶￦·¥°©￦·¬³¹°¨￦²³¸￦¦©￦¨©´¶©§­¥¸©¨Κ￦ (A)￦
￦
Question No. 3
ￒ³»©¶￦³ªΌ￦ ￦ ￦￦
￦￦￉¥¶¶½­²«￦¥±³¹²¸￦ ‫ڴڶڻ‬Ζ‫ڴڴڴ‬￦
￦￦ￌￜￒ￉ￚ￙￦ ‫ڴڽڻ‬Ζ‫ڴڴڴ‬￦ ‫ڴڶڻ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦￉¥¶¶½­²«￦¥±³¹²¸￦¥¸￦­²­¸­¥°￦¶©§³«²­¸­³²￦ ￦ ‫ڴڴں‬Ζ‫ڴڴڴ‬￦
ￍ¥­²￦³²￦¶©º©¶·¥°￦ ￦ￖ̲ￒ￦ (C) ‫ڴڶڵ‬Ζ‫ڴڴڴ‬￦
￦
Question No. 4
ￔ©¸￦￙©°°­²«￦ￖ¶­§©￦Ϯ‫ڵ‬Ζ‫ڴڴڼ‬Ζ‫ڴڴڴ‬￦ ￦‫ڴڹ‬Ζ‫ڴڴڴ‬ϯ￦ ‫ڴڹڻ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦￉¥¶¶½­²«￦¥±³¹²¸￦ ‫ڴڶڻ‬Ζ‫ڴڴڴ‬￦
ￍ¥­²￦³²￦·¥°© ￦ ￦ ￦ (B) ‫ڴڷ‬Ζ‫ڴڴڴ‬￦
￦
Question No. 5
￉³·¸￦ ‫ڵ‬Ζ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦
ￇ§§¹±¹°¥¸©¨￦¨©´¶©§­¥¸­³²￦ ￦ ‫ڴڼڸ‬Ζ‫ڴڴڴ‬￦
￉¥¶¶½­²«￦¥±³¹²¸￦ ￦ ‫ڴڶڻ‬Ζ‫ڴڴڴ‬￦￦
ￒ©··Ό￦ￏ²­¸­¥°￦¥±³¹²¸￦¶©§³«²­¾©¨ lower￦³ªΌ￦ ￦
￦￦￦￉¥¶¶½­²«￦¥±³¹²¸￦ ‫ڴڶڻ‬Ζ‫ڴڴڴ‬￦
￦￦￦ￌ¥­¶￦º¥°¹©￦°©··￦§³·¸￦¸³￦·©°°￦ ‫ڴڴڼ‬Ζ‫ڴڴڴ‬￦ ‫ڴڶڻ‬Ζ‫ڴڴڴ‬￦
ￏ±´¥­¶±©²¸￦°³··￦ (A) Ο￦

SUMMARY OF ANSWERS:
1. C 2. A 3. C 4. B 5. A
￦
￦
PROBLEM 24-11 Noncurrent Assets Held for Sale -Single Asset and
Revaluation Model
CASE NO. 1
Question No. 1
ￏ±´¥­¶±©²¸￦°³··Ζ￦￐¹²©￦‫ڴڷ‬￦ ‫ڴڶڵ‬Ζ‫ڴڴڴ‬￦
ￇ¨¨Ό￦ￏ±´¥­¶±©²¸￦°³··Ζ￦ￊ©§©±¦©¶￦‫ڵڷ‬￦ ‫ڴڶڶ‬Ζ‫ڴڴڴ‬￦
ￚ³¸¥°￦­±´¥­¶±©²¸￦°³··￦ ￦ ￦ (D)￦ ‫ڴڸڷ‬Ζ‫ڴڴڴ‬￦

232
Chapter 24: Revaluation, Impairment and Noncurrent Asset Held for Sale

ￚ¬©￦­±´¥­¶±©²¸￦°³··￦³²￦￐¹²©￦‫ڴڷ‬￦­·￦§³±´¹¸©¨￦¥·￦ª³°°³»·Ό￦
ￌ¥­¶￦º¥°¹©￦ ‫ڶ‬Ζ‫ڴڹڷ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦￉³·¸·￦¸³￦·©°°￦ ‫ڴڶڵ‬Ζ‫ڴڴڴ‬￦
ￌ¥­¶￦º¥°¹©￦°©··￦§³·¸·￦¸³￦·©°°￦ ‫ڶ‬Ζ‫ڴڷڶ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦ￌ¥­¶￦º¥°¹©￦ ‫ڶ‬Ζ‫ڴڹڷ‬Ζ‫ڴڴڴ‬￦
ￏ±´¥­¶±©²¸￦°³··Ζ￦￐¹²©￦‫ڴڷ‬￦ Ϯ‫ڴڶڵ‬Ζ‫ڴڴڴ‬ϯ￦
￦
ￚ¬©￦­±´¥­¶±©²¸￦°³··￦³²￦ￊ©§©±¦©¶￦‫ڵڷ‬￦­·￦§³±´¹¸©¨￦¥·￦ª³°°³»·Ό￦
ￌ¥­¶￦º¥°¹©￦ ‫ڶ‬Ζ‫ڴڴڵ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦￉³·¸·￦¸³￦·©°°￦ ‫ڴڽ‬Ζ‫ڴڴڴ‬￦
ￌ¥­¶￦º¥°¹©￦°©··￦§³·¸·￦¸³￦·©°°￦ ‫ڶ‬Ζ‫ڴڵڴ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦￉¥¶¶½­²«￦¥±³¹²¸￦ ‫ڶ‬Ζ‫ڴڷڶ‬Ζ‫ڴڴڴ‬￦
ￏ±´¥­¶±©²¸￦°³··Ζ￦ￊ©§©±¦©¶￦‫ڵڷ‬ Ϯ‫ڴڶڶ‬Ζ‫ڴڴڴ‬ϯ￦
￦
Question No. 2
ￌ¥­¶￦º¥°¹© ‫ڶ‬Ζ‫ڴڹڷ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦￉¥¶¶½­²«￦¥±³¹²¸￦ ‫ڶ‬Ζ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦
￘©º¥°¹¥¸­³²￦￙¹¶´°¹·￦ ‫ڴڹڵ‬Ζ‫ڴڴڴ‬￦
￦
￘©º¥°¹¥¸­³²￦·¹¶´°¹·Ζ￦¦©«￦ ‫ڴڴڵ‬Ζ‫ڴڴڴ‬￦
￘©º¥°¹¥¸­³²￦￙¹¶´°¹·￦ ‫ڴڹڵ‬Ζ‫ڴڴڴ‬￦
￘©º¥°¹¥¸­³²￦￙¹¶´°¹·￦ ￦ ￦ (C)￦ ‫ڴڹڶ‬Ζ‫ڴڴڴ‬￦
￦
Question No. 3
ￚ¬©￦ ¥¨®¹·¸©¨￦ ¦¥°¥²§©￦ ³ª￦ ¸¬©￦ °¥²¨￦ ­·￦ ©µ¹¥°￦ ¸³￦ ­¸·￦ ª¥­¶￦ º¥°¹©￦ °©··￦ §³·¸·￦ ¸³￦ ·©°°￦ ³ª￦
‫ڶ‬Ζ‫ڴڵڴ‬Ζ‫ڴڴڴ‬Κ￦ ￦ ￦ ￦ (A)￦

Question No. 4
Zero.￦￦ￔ³￦·¹¦·©µ¹©²¸￦­²§¶©¥·©￦­²￦¸¬©￦ª¥­¶￦º¥°¹©￦°©··￦§³·¸·￦¸³￦·©°°￦³ª￦¸¬©￦¥··©¸Κ￦
(A)

Question No. 5
ￔ©¸￦￙©°°­²«￦ￖ¶­§©￦ ‫ڵ‬Ζ‫ڴڼڽ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦￉¥¶¶½­²«￦¥±³¹²¸￦ ‫ڶ‬Ζ‫ڴڵڴ‬Ζ‫ڴڴڴ‬￦
ￒ³··￦ ￦ ￦ ￦ ￦ (A)￦ Ϯ‫ڴڷ‬Ζ‫ڴڴڴ‬ϯ￦
￦

SUMMARY OF ANSWERS:
1. D 2. C 3. A 4. A 5. A

CASE NO. 2
Question No. 1
ￌ¥­¶￦º¥°¹©￦ ‫ڵ‬Ζ‫ڴڹڽ‬Ζ‫ڴڴڴ‬￦
￉¥¶¶½­²«￦¥±³¹²¸ ‫ڶ‬Ζ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦
ￊ©§¶©¥·©￦­²￦º¥°¹©￦ Ϯ‫ڴڹڶ‬Ζ‫ڴڴڴ‬ϯ￦
￘©º¥°¹¥¸­³²￦·¹¶´°¹·￦ ‫ڴڴڵ‬Ζ‫ڴڴڴ‬￦
ￏ±´¥­¶±©²¸￦°³··Ζ￦￐¹²©￦‫ڴڷ‬￦ Ϯ‫ڴڹڵ‬Ζ‫ڴڴڴ‬ϯ￦
233
Chapter 24: Revaluation, Impairment and Noncurrent Asset Held for Sale

ￇ¨¨Ό￦ￇ¨¨­¸­³²¥°￦ￏ±´¥­¶±©²¸￦°³··Ζ￦￐¹²©￦‫ڴڷ‬￦ Ϯ‫ڴڼ‬Ζ‫ڴڴڴ‬ϯ￦
ￚ³¸¥°￦­±´¥­¶±©²¸￦°³··￦ ￦ ￦ (C)￦ Ϯ‫ڴڷڶ‬Ζ‫ڴڴڴ‬ϯ￦

ￇ¨¨­¸­³²¥°￦­±´¥­¶±©²¸￦°³··￦³²￦￐¹²©￦‫ڴڷ‬￦­·￦§³±´¹¸©¨￦¥·￦ª³°°³»·Ό￦
ￌ¥­¶￦º¥°¹©￦ ‫ڵ‬Ζ‫ڴڹڽ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦￉³·¸·￦¸³￦·©°°￦ ‫ڴڼ‬Ζ‫ڴڴڴ‬￦
ￌ¥­¶￦º¥°¹©￦°©··￦§³·¸·￦¸³￦·©°°￦ ‫ڵ‬Ζ‫ڴڻڼ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦ￌ¥­¶￦º¥°¹©￦ ‫ڵ‬Ζ‫ڴڹڽ‬Ζ‫ڴڴڴ‬￦
ￏ±´¥­¶±©²¸￦°³··￦ Ϯ‫ڴڼ‬Ζ‫ڴڴڴ‬ϯ￦
￦
Question No. 2
ￔ­°Κ￦ￚ¬©￦¶©º¥°¹¥¸­³²￦·¹¶´°¹·￦»¥·￦¶©¨¹§©¨￦¸³￦¾©¶³Κ￦
￦ ￦ ￦ ￦ ￦ (A)
￦
Question No. 3
ￚ¬©￦ §¥¶¶½­²«￦ ¥±³¹²¸￦ ³ª￦ ¸¬©￦ ¥··©¸￦ ­·￦ ‫ڶ‬Ζ‫ڴڴڵ‬Ζ‫ڴڴڴ‬￦ Ϯ ‫ڶ‬Ζ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦ °©··￦ ­¶¶©º©¶·­¦°©￦
¶©º¥°¹¥¸­³²￦·¹¶´°¹·￦³ª￦ ‫ڴڴڵ‬Ζ‫ڴڴڴ‬ϯΚ￦￦ (D)￦

Question No. 4
ￌ¥­¶￦º¥°¹©￦￦ ‫ڶ‬Ζ‫ڴڴڸ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦￉³·¸·￦¸³￦·©°°￦ ‫ڴڽ‬Ζ‫ڴڴڴ‬￦
ￌ¥­¶￦º¥°¹©￦°©··￦§³·¸·￦¸³￦·©°° ‫ڶ‬Ζ‫ڴڵڷ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦￉¥¶¶½­²«￦¥±³¹²¸￦ ‫ڵ‬Ζ‫ڴڻڼ‬Ζ‫ڴڴڴ‬￦
ￍ¥­²￦³²￦¶©º©¶·¥°￦³ª￦­±´¥­¶±©²¸￦ ￦ (D)￦ ‫ڴڸڸ‬Ζ‫ڴڴڴ‬￦
￦

￦

Question No. 5
ￔ©¸￦￙©°°­²«￦ￖ¶­§© ‫ڵ‬Ζ‫ڴڼڽ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦￉¥¶¶½­²«￦¥±³¹²¸￦￦ ‫ڶ‬Ζ‫ڴڴڵ‬Ζ‫ڴڴڴ‬￦
ￒ³··￦ ￦ ￦ ￦ ￦ (C)￦ Ϯ‫ڴڶڵ‬Ζ‫ڴڴڴ‬ϯ￦
ￚ¬©￦ §¥¶¶½­²«￦ ¥±³¹²¸￦ ³ª￦ ¸¬©￦ ¥··©¸￦ ­·￦ ‫ڶ‬Ζ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦ °©··￦ ­¶¶©º©¶·­¦°©￦ ¶©º¥°¹¥¸­³²￦
·¹¶´°¹·￦³ª￦ ‫ڴڴڵ‬Ζ‫ڴڴڴ‬Κ

SUMMARY OF ANSWERS:
1. C 2. A 3. D 4. D 5. C


PROBLEM 24-12 Noncurrent Assets held for Sale- Disposal Group￦
￦

Question No. 1
C P8,800,000. Lower of CV and FVLCTS

Question No. 2
(C) P6,000,000. Lower of CV and FVLCTS

234
Chapter 24: Revaluation, Impairment and Noncurrent Asset Held for Sale

Question No. 3
ￚ³¸¥°￦§¥¶¶½­²«￦¥±³¹²¸￦¦©ª³¶©￦­±´¥­¶±©²¸￦￦ ‫ڽڹ‬Ζ‫ڴڴں‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦ￌ¥­¶￦º¥°¹©￦°©··￦§³·¸·￦¸³￦·©°°￦￦ ‫ڶڹ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
ￏ±´¥­¶±©²¸￦°³··￦￦ ‫ڻ‬Ζ‫ڴڴں‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦ￏ±´¥­¶±©²¸￦°³··￦¥°°³§¥¸©¨￦¸³￦ￍ³³¨»­°°￦ (D)￦ ‫ں‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
ￏ±´¥­¶±©²¸￦°³··￦¥°°³§¥¸©¨￦¸³￦³¸¬©¶￦¥··©¸·￦￦ ‫ڵ‬Ζ‫ڴڴں‬Ζ‫ڴڴڴ‬￦
￦
Questions No. 4 & 5
￦
Carrying
amount as Allocated Revaluation
remeasured Decrease surplus
ￖￖￋ￦Ϯ¥¸￦§³·¸￦±³¨©°ϯ￦ ‫ڶڶ‬Ζ‫ڴڴڼ‬Ζ‫ڴڴڴ‬￦ ‫ڴ‬Κ‫ڽڹ‬￦ ‫ڴڸڽ‬Ζ‫ںڴڶ‬￦ Ο￦
ￖￖￋ￦Ϯ¥¸￦¶©º¥°¹¥¸­³²￦±³¨©°ϯ￦ ‫ںڵ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦ ‫ڴ‬Κ‫ڵڸ‬￦ ‫ڽڹں‬Ζ‫ڸڽڻ‬￦ ‫ڴڴڸ‬Ζ‫ڴڴڴ‬￦
ￚ³¸¥°￦ ‫ڼڷ‬Ζ‫ڴڴڼ‬Ζ‫ڴڴڴ‬￦ ‫ڵ‬Ζ‫ڴڴں‬Ζ‫ڴڴڴ‬￦ ‫ڵ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
￦￦
Revaluation Carrying
surplus amount
Impairment after
loss impairment
ￖￖￋ￦Ϯ¥¸￦§³·¸￦±³¨©°ϯ￦ Ο￦ ‫ڴڸڽ‬Ζ‫ںڴڶ‬￦ ‫ڵڶ‬Ζ‫ڽڹڼ‬Ζ‫ڸڽڻ‬￦
ￖￖￋ￦Ϯ¥¸￦¶©º¥°¹¥¸­³²￦±³¨©°ϯ￦ ‫ڴڴڸ‬Ζ‫ڴڴڴ‬￦ ‫ڽڹڶ‬Ζ‫ڸڽڻ‬￦ ‫ڹڵ‬Ζ‫ڴڸڷ‬Ζ‫ںڴڶ‬￦
ￚ³¸¥°￦ ‫ڴڴڸ‬Ζ‫ڴڴڴ‬￦ ‫ڵ‬Ζ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦ ‫ڻڷ‬Ζ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦
￦

￘©±¥­²­²«￦¶©º¥°¹¥¸­³²￦·¹¶´°¹·￦­·￦
Ϯￖ‫ڷ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦±­²¹·￦Ϯￖ‫ڶڷ‬ￓΟￖ‫ڴڷ‬ￓϯ￦ ￖ‫ڵ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
￦

ￊ©§¶©¥·©￦­²￦º¥°¹©￦³ª￦¸¬©￦ￖￖￋ￦Ϯ¥¸￦¶©º¥°¹¥¸­³²￦±³¨©°ϯ￦­·￦¥°°³§¥¸©¨￦¸³￦￦
‫ڵ‬Κ ￌ­¶·¸Ζ￦¶©±¥­²­²«￦¶©º¥°¹¥¸­³²￦·¹¶´°¹·￦
‫ڶ‬Κ ￈¥°¥²§©￦¸³￦­±´¥­¶±©²¸￦°³··Κ￦
￦
SUMMARY OF ANSWERS:
1. C 2. C 3. D 4. B 5. A
￦
￦
PROBLEM 24-13￦Noncurrent Assets held for Sale Investment in Associate
￦

Question No. 1
￙¬¥¶©￦­²￦²©¸￦­²§³±©￦Ϯ‫ڴڴڽ‬Ζ‫ڴڴڴ‬￦¼￦‫ܫڴڷ‬ϯ￦ ‫ڴڻڶ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦ￇ±³¶¸­¾¥¸­³²￦³ª￦¹²¨©¶º¥°¹©¨￦¥··©¸ ‫ڴڵ‬Ζ‫ڴڴڴ‬￦
ￔ©¸￦­²º©·¸±©²¸￦­²§³±©￦ ￦ (B) ‫ڴںڶ‬Ζ‫ڴڴڴ‬￦

Question No. 2
￈©«­²²­²«￦¦¥°¥²§©￦ ￦‫ڵڴ‬ϑ‫ڵڴ‬ϑ‫ڼڵڴڶ‬￦ ‫ڹ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
ￇ¨¨Ό￦ￔ©¸￦­²º©·¸±©²¸￦­²§³±©￦Ϯ·©©￦ￔ³Κ￦‫ڵ‬ϯ￦ ‫ڴںڶ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦ￊ­º­¨©²¨·￦¶©§©­º©¨￦Ϯ‫ڴڹڵ‬Ζ‫ڴڴڴ‬￦¼￦‫ܫڴڷ‬ϯ ‫ڹڸ‬Ζ‫ڴڴڴ‬
￉¥¶¶½­²«￦¥±³¹²¸￦ ￦‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ڼڵڴڶ‬￦ ￦ (A)￦ ‫ڹ‬Ζ‫ڹڵڶ‬Ζ‫ڴڴڴ‬￦
￦

235
Chapter 24: Revaluation, Impairment and Noncurrent Asset Held for Sale

Question No. 3
￉¥¶¶½­²«￦¥±³¹²¸￦ ￦‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ڼڵڴڶ‬￦ ‫ڹ‬Ζ‫ڹڵڶ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦ￏ²­¸­¥°￦¥±³¹²¸￦¶©§³«²­¾©¨ ￦lower￦³ªΌ￦ ￦ ￦
￦￦￦￉¥¶¶½­²«￦¥±³¹²¸￦ ‫ڹ‬Ζ‫ڹڵڶ‬Ζ‫ڴڴڴ‬￦
￦￦￦ￌ¥­¶￦º¥°¹©￦°©··￦§³·¸￦¸³￦·©°° ‫ڸ‬Ζ‫ڴڴڽ‬Ζ‫ڸ ڴڴڴ‬Ζ‫ڴڴڽ‬Ζ‫ڴڴڴ‬￦
ￏ±´¥­¶±©²¸￦°³·· (B) ‫ڹڵڷ‬Ζ‫ڴڴڴ‬￦
￦
Question No. 4
￠©¶³Κ￦ￔ³￦￙¬¥¶©￦­²￦¸¬©￦´¶³ª­¸￦³¶￦°³··￦¥²¨￦¥±³¶¸­¾¥¸­³²￦·¬¥°°￦¦©￦¶©§³«²­¾©¨￦»¬©²￦
¸¬©￦ ­²º©·¸±©²¸￦ ­²￦ ¥··³§­¥¸©￦ ­·￦ §°¥··­ª­©¨￦ ¥·￦ ²³²§¹¶¶©²¸￦ ¬©°¨￦ ª³¶￦ ·¥°©Κ￦ ￚ¬©￦ §¥·¬￦
¨­º­¨©²¨￦·¬¥°°￦¦©￦¶©§³«²­¾©¨￦¥·￦­²§³±©Κ￦ (A)￦
￦
Question No. 5
ￔ©¸￦￙©°°­²«￦ￖ¶­§©￦Ϯￖ‫ڸ‬Ζ‫ڴڴڽ‬Ζ‫ڴڴڴ‬￦ ￦ￖ‫ڴڴڵ‬Ζ‫ڴڴڴ‬ϯ ‫ڸ‬Ζ‫ڴڴڼ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦￉¥¶¶½­²«￦¥±³¹²¸￦ ‫ڸ‬Ζ‫ڴڴڽ‬Ζ‫ڴڴڴ‬￦
ￒ³··￦³²￦·¥°©￦ ￦ ￦ ￦ (D)￦ Ϯ‫ڴڴڵ‬Ζ‫ڴڴڴ‬ϯ￦
￦

SUMMARY OF ANSWERS:
1. B 2. A 3. B 4. A 5. D
￦
￦
PROBLEM 24-14￦
￦

Question No. 1
ￏ¶¶­«¥¸­³²￦ￋµ¹­´±©²¸￦ ￖ￦ ‫ڴڸڻ‬Ζ‫ڴڴڴ‬￦
ￌ¶©­«¬¸￦­²￦ ￦ ‫ڴڵ‬Ζ‫ڴڴڴ‬￦
ￏ²·¸¥°°¥¸­³²￦§³·¸￦ ￦ ‫ڶڽڵ‬Ζ‫ڴڴڴ‬￦
ￚ³¸¥°￦ￓ¥§¬­²©¶½￦¥²¨￦ￋµ¹­´±©²¸Ζ￦©²¨￦ (A)￦ ￖ￦ ‫ڶڸڽ‬Ζ‫ڴڴڴ‬
￦ ￦ ￦
Question No. 2
ￚ¶¥¨©￦­²￦¥°°³»¥²§© ‫ڴڴڸ‬Ζ‫ڴڴڴ‬￦
￈³³¯￦ￜ¥°¹©Ό￦ ￦ ￦
￦￦￦￉³·¸￦ ‫ڵ‬Ζ‫ڴڴڷ‬Ζ‫ڴڴڴ‬￦
￦￦￦ￒ©··Ό￦ￇ§§¹±Κ￦ￊ©´¶©§­¥¸­³²￦Ϯￖ‫ڴںں‬Ζ‫ܩڴڴڴ‬￦ￖ‫ڹںڵ‬Ζ‫ڴڴڴ‬ϯ￦ ‫ڹڶڼ‬Ζ‫ڴڴڴ‬￦ ‫ڹڻڸ‬Ζ‫ڴڴڴ‬￦
ￒ³··￦³²￦¸¶¥¨©￦­²￦ (B) ‫ڹڻ‬Ζ‫ڴڴڴ‬￦
￦
Question No. 3
￈©ª³¶©￦¥¨¨­¸­³²￦σϮￖ‫ڷ‬Ζ‫ڴڴڵ‬Ζ‫ڴڴڴ‬￦ ￦ￖ‫ڴڴڵ‬Ζ‫ڴڴڴ‬ϯϑ‫ڴڶ‬￦¼￦‫ڷ‬ϑ‫ڶڵ‬ϯ￦ ‫ڻڷ‬Ζ‫ڴڴڹ‬￦
ￇª¸©¶￦¥¨¨­¸­³²Ό￦￦σϮￖ‫ڷ‬Ζ‫ڴڴڵ‬Ζ‫ڴڴڴ‬￦ ￦Ϯￖ‫ڶںڹ‬Ζ‫ڴڴڹ‬￦‫ܩ‬￦ￖ‫ڻڷ‬Ζ‫ڴڴڹ‬ϯ￦‫ܩ‬￦‫ڴڼڽ‬Ζ‫ڴڴڴ‬￦
ￖ‫ڴڴڶ‬Ζ‫ڴڴڴ‬ϯϑ‫ڴڶ‬ϯ￦¼￦‫ڽ‬ϑ‫ڶڵ‬ϯ￦ ‫ڷڶڵ‬Ζ‫ڴڴڴ‬￦
ￊ©´¶©§­¥¸­³²￦©¼´©²·©￦ ￦ ￦ B) ‫ڴںڵ‬Ζ‫ڴڴڹ‬￦
￦

￘©±¥­²­²«￦°­ª©￦Ϯ‫ڴڶ‬￦ ￦‫ڸ‬￦‫ܩ‬￦‫ڸ‬ϯ￦‫ܥ‬￦‫ڴڶ‬￦½©¥¶·￦
￦
Question No. 4
ￚ¹¶ª￦§¹¸¸©¶￦σΫϮￖ‫ڵ‬Ζ‫ڴڴڷ‬Ζ‫ڴڴڴ‬￦ ￦ￖ‫ڴڴڶ‬Ζ‫ڴڴڴ‬ϯϑ‫ڹ‬Ϋ￦¼￦‫ڽ‬ϑ‫ڶڵ‬σ￦‫ܩ‬￦￦
￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦ΫϮￖ‫ڴڴڼ‬Ζ‫ڴڴڴ‬￦ ￦ￖ‫ڴڹ‬Ζ‫ڴڴڴ‬ϯϑ‫ں‬￦¼￦‫ڷ‬ϑ‫ڶڵ‬ϯΫσ￦ ￖ￦ ‫ںڽڵ‬Ζ‫ڴڹڶ‬￦
236
Chapter 24: Revaluation, Impairment and Noncurrent Asset Held for Sale

￝¥¸©¶￦¨©·¥°­²¥¸³¶￦σϮￖ‫ڷ‬Ζ‫ڴڼڻ‬Ζ‫ڴڴڴ‬￦ ￦ￖ‫ڴڻڶ‬Ζ‫ڴڴڴ‬ϯϑ‫ڴڵ‬σ￦￦ ￦ ‫ڵڹڷ‬Ζ‫ڴڴڴ‬￦

ￏ¶¶­«¥¸­³²￦©µ¹­´±©²¸￦σϮ‫ڶڸڽ‬Ζ‫ڴڴڴ‬ϑ‫ڸ‬ϯ￦¼￦‫ں‬ϑ‫ڶڵ‬σ￦ ￦ ‫ڻڵڵ‬Ζ‫ڴڹڻ‬￦
ￕªª­§©￦¦¹­°¨­²«￦ ￦ ‫ڴںڵ‬Ζ‫ڴڴڹ‬￦
ￚ³¸¥°￦ￊ©´¶©§­¥¸­³²￦©¼´©²·©￦ (B)￦ ￖ￦ ‫ڹڶڼ‬Ζ‫ڴڴڹ‬
￦ ￦ ￦
Question No. 5
ￌ¥­¶￦º¥°¹©￦³²￦­²­¸­¥°￦¶©º¥°¹¥¸­³²￦ ￦ ￦ ￖ￦ ‫ڷ‬Ζ‫ڴڼڻ‬Ζ‫ڴڴڴ‬￦
￈³³¯￦º¥°¹©￦³²￦­²­¸­¥°￦¶©º¥°¹¥¸­³²Ό￦
￦￦￦￦￉³·¸￦ ￖ￦ ‫ڸ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
￦￦￦ￇ§§¹±¹°¥¸©¨￦¨©´¶©§­¥¸­³²￦￦
￦￦￦￦σϮￖ‫ڸ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦ ￦ￖ‫ڴڴڶ‬Ζ‫ڴڴڴ‬ϯϑ‫ڴڵ‬￦¼￦‫ڶ‬ϯ￦ Ϯ￦ ‫ڴںڻ‬Ζ‫ڴڴڴ‬ϯ￦ ￦ ‫ڷ‬Ζ‫ڴڸڶ‬Ζ‫ڴڴڴ‬￦
‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ڼڵڴڶ‬￦￘©º¥°¹¥¸­³²￦￙¹¶´°¹·￦ ￦ ￦ ￖ￦ ‫ڴڸڹ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦ￖ­©§©±©¥°￦¶©¥°­¾¥¸­³²￦­²￦‫ڽڵڴڶ‬￦Ϯￖ‫ڴڸڹ‬Ζ‫ڴڴڴ‬ϑ‫ڴڵ‬ϯ￦ ￦ ￦ ‫ڸڹ‬Ζ‫ڴڴڴ‬￦
‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ڽڵڴڶ‬￦￘©º¥°¹¥¸­³²￦·¹¶´°¹·￦ ￦ ￦ ￖ￦ ‫ںڼڸ‬Ζ‫ڴڴڴ‬￦
￦

‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ڽڵڴڶ‬￦ￌ¥­¶￦º¥°¹©￦ ￦ ￦ ￖ￦ ‫ڷ‬Ζ‫ڴڴڸ‬Ζ‫ڴڴڴ‬￦
‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ڽڵڴڶ‬￦￈³³¯￦º¥°¹©Ό￦
￦￦￦￦ￇ¨®¹·¸©¨￦§³·¸￦ ￖ￦ ‫ڷ‬Ζ‫ڴڼڻ‬Ζ‫ڴڴڴ‬￦
￦￦￦￦ￇ§§¹±¹°¥¸©¨￦ￊ©´¶©§­¥¸­³²￦￦
￦￦￦￦￦σϮￖ‫ڷ‬Ζ‫ڴڼڻ‬Ζ‫ڴڴڴ‬￦ ￦ￖ‫ڴڻڶ‬Ζ‫ڴڴڴ‬ϯϑ‫ڴڵ‬σ￦ Ϯ￦ ‫ڵڹڷ‬Ζ‫ڴڴڴ‬ϯ￦ ￦ ‫ڷ‬Ζ‫ڽڶڸ‬Ζ‫ڴڴڴ‬￦
￘©º¥°¹¥¸­³²￦¨©§¶©¥·©￦ ￦§¬¥¶«©¨￦¸³￦￘©º¥°¹¥¸­³²￦￙¹¶´°¹·￦(A)￦ ￦ ￖ￦ ‫ڽڶ‬Ζ‫ڴڴڴ‬￦
￦

SUMMARY OF ANSWERS:
1. A 2. B 3. B 4. B 5. A
￦
￦
PROBLEM 24-15

Question Nos. 1 and 2

￉³·¸Ο¦©«­²²­²«￦¦¥°¥²§© ￦ ‫ںڶڵ‬Ζ‫ڴڴڴ‬￦
ￒ©··￦ￇ§§¹±¹°¥¸©¨￦¨©´¶©§­¥¸­³²Ζ￦¦©«­²²­²«￦ ￦ ‫ڸڸڵ‬Κ‫ڹڻڷ‬￦
ￎ©°¨￦ª³¶￦·¥°©Ο§¥¶¶½­²«￦¥±³¹²¸￦ ￦ ‫ڼ‬Ζ‫ڴڴڶ‬￦
ￚ³¸¥°￦ ￦ ‫ڶڷڶ‬Ζ‫ڹڶڸ‬￦
ￊ©´¶©§­¥¸­³²￦§¬¥¶«©￦ª³¶￦¸¬©￦½©¥¶￦ ￦ ￦
￦ￎ©°¨￦ª³¶￦·¥°©￦Ϯ‫ڼ‬Ζ‫ڴڴڶ‬￦¼￦‫ܫڴڶ‬￦¼￦‫ں‬ϑ‫ڶڵ‬ϯ￦ ‫ڴڶڼ‬￦ 1. (A)
￦￘©±¥­²­²«￦¦¥°¥²§©￦Ϯ‫ڶڷڶ‬Ζ‫ڹڶڸ‬￦¼￦‫ܫڴڶ‬ϯ￦ ‫ںڸ‬Ζ‫ڹڸڼ‬￦ 47,305
￉°¥··­ª­©¨￦¥·￦¬©°¨￦ª³¶￦·¥°©Ό￦ ￦ ￦
￦ￊ©´¶©§­¥¸­³²￦ª³¶￦¸¬©￦½©¥¶ ￦ ‫ڴڶڼ‬￦
￉¥¶¶½­²«￦¥±³¹²¸￦ ￦ 185,940
￦ ￦ (A)

Question No. 3
￉¥¶¶½­²«￦¥±³¹²¸￦¥¸￦‫ڵ‬￦ￕ§¸￦‫ڼڵڴڶ‬ ‫ڶڻڷ‬Ζ‫ڴڴڴ‬￦
ￒ©··￦º¥°¹¥¸­³²￦¥¸￦‫ڵ‬￦ￕ§¸³¦©¶￦‫ڼڵڴڶ‬￦ ‫ڽڸڸ‬Ζ‫ڴڴڹ‬￦
￘©º¥°¹¥¸­³²￦·¹¶´°¹·￦ ‫ڻڻ‬Ζ‫ڴڴڹ‬￦

ￜ¥°¹¥¸­³²￦¥¸￦‫ڵ‬￦ￕ§¸³¦©¶￦‫ڼڵڴڶ‬￦ ‫ڽڸڸ‬Ζ‫ڴڴڹ‬￦

237
Chapter 24: Revaluation, Impairment and Noncurrent Asset Held for Sale

ￒ©··￦ￊ©´¶©§­¥¸­³²￦©¼´©²·©￦Ϯ‫ڽڸڸ‬Ζ‫ڴڴڹ‬ϑϮ‫ڴڸ‬Ο‫ڽ‬ϯ￦ ‫ڸڵ‬Ζ‫ڴڴڹ‬￦
￘©º¥°¹¥¸­³²￦·¹¶´°¹·￦ ￦ (B)￦ ‫ڹڷڸ‬Ζ‫ڴڴڴ‬￦

Question No. 4
￉¥¶¶½­²«￦¥±³¹²¸￦¥¸￦‫ڵ‬￦ￕ§¸￦‫ڼڵڴڶ‬￦ ‫ڵ‬Ζ‫ڴڼڴ‬Ζ‫ڴڴڴ‬￦
ￒ©··￦º¥°¹¥¸­³²￦¥¸￦‫ڵ‬￦ￕ§¸³¦©¶￦‫ڼڵڴڶ‬￦ ‫ڴڴں‬Ζ‫ڴڴڴ‬￦
ￊ©§¶©¥·©￦­²￦º¥°¹©￦ ‫ڴڼڸ‬Ζ‫ڴڴڴ‬￦

ￜ¥°¹¥¸­³²￦¥¸￦‫ڵ‬￦ￕ§¸³¦©¶￦‫ڼڵڴڶ‬￦ ‫ڴڴں‬Ζ‫ڴڴڴ‬￦
ￒ©··￦ￊ©´¶©§­¥¸­³²￦©¼´©²·©￦Ϯ‫ڴڴں‬Ζ‫ڴڴڴ‬ϑϮ‫ڴڹ‬Ο‫ڴڶ‬ϯ￦ ‫ڴڶ‬Ζ‫ڴڴڴ‬￦
￘©º¥°¹¥¸­³²￦·¹¶´°¹·￦ ￦ (B) ‫ڴڼڹ‬Ζ‫ڴڴڴ‬￦

Question No. 5 C
￉¥¶¶½­²«￦¥±³¹²¸￦¥¸￦‫ڵ‬￦ￕ§¸￦‫ڼڵڴڶ‬￦ ‫ڵ‬Ζ‫ڴڼڴ‬Ζ‫ڴڴڴ‬￦
ￒ©··￦º¥°¹¥¸­³²￦¥¸￦‫ڵ‬￦ￕ§¸³¦©¶￦‫ڼڵڴڶ‬￦ ‫ڴڴں‬Ζ‫ڴڴڴ‬￦
ￊ©§¶©¥·©￦­²￦º¥°¹©￦ ‫ڴڼڸ‬Ζ‫ڴڴڴ‬￦
ￒ©··￦¶©±¥­²­²«￦¶©º¥°¹¥¸­³²￦·¹¶´°¹·￦ ‫ںڹڸ‬Ζ‫ڴڴڴ‬￦
ￏ±´¥­¶±©²¸￦°³··Οￖ¶³´©¶¸½￦￈￦ ‫ڸڶ‬Ζ‫ڴڴڴ‬￦
ￏ±´¥­¶±©²¸￦°³··Ο¬©°¨￦ª³¶￦·¥°©￦ ￦
￦Ϯ‫ڼ‬Ζ‫ڴڴڶ‬Ο‫ڴڶڼ‬ϯΟ‫ں‬Ζ‫ڴڴڹ‬ ‫ڴڼڼ‬￦
ￚ³¸¥°￦­±´¥­¶±©²¸￦°³··￦ ￦ (C) ‫ڸڶ‬Ζ‫ڴڼڼ‬￦

Question No. 6
ￊ©´¶©§­¥¸­³²￦©¼´©²·©￦¦¥·©¨￦³²￦¶©º¥°¹©¨￦¥±³¹²¸￦ ‫ڸڵ‬Ζ‫ڴڴڹ‬￦
ￒ©··￦¨©´¶©§­¥¸­³²￦©¼´©²·©￦¦¥·©¨￦³²￦¬­·¸³¶­§¥°￦§³·¸￦Ϯ‫ڴڴڸ‬Ζ‫ڴڴڴ‬ϑ‫ڴڸ‬ϯ￦ ‫ڴڵ‬Ζ‫ڴڴڴ‬￦
ￖ­©§©±©¥°￦¶©¥°­¾¥¸­³² (D)￦ ‫ڸ‬Ζ‫ڴڴڹ‬￦

Or
￘©º¥°¹¥¸­³²￦·¹¶´°¹·Ζ￦¦©«­²²­²«￦Ϯￖ¶³´Κ￦ￇϯ￦ ‫ڶں‬Ζ‫ڴڴڴ‬￦
ￇ¨¨￦¶©º¥°¹¥¸­³²￦·¹¶´°¹·Ζ￦ￕ§¸Κ￦‫ڵ‬Ζ￦‫ڼڵڴڶ‬￦ ‫ڻڻ‬Ζ‫ڴڴڹ‬￦
ￚ³¸¥°￦¶©º¥°¹¥¸­³²￦·¹¶´°¹·￦ ‫ڽڷڵ‬Ζ‫ڴڴڹ‬￦
ￊ­º­¨©￦¦½￦¶©±¥­²­²«￦°­ª©￦ ‫ڵڷ‬￦
ￖ­©§©±©¥°￦¶©¥°­¾¥¸­³² (D)￦ ‫ڸ‬Ζ‫ڴڴڹ‬￦
￦
SUMMARY OF ANSWERS:
1. A 2. A 3. B 4. B 5. C 6. D
￦

238
Chapter 26: Introduction to Liabilities

CHAPTER 26: INTRODUCTION TO LIABILITIES

PROBLEM 26-1 Total Liabilities
ￚ³¸¥°￦°­¥¦­°­¸­©·￦
￦ Current
￦ ￇ§§³¹²¸·￦´¥½¥¦°©￦ ￖ￦ ‫ڵ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
￦ ￒ³¥²￦´¥½¥¦°©￦ ￦§¹¶¶©²¸￦´³¶¸­³²￦ ￦ ‫ڵ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
￦ ￛ²©¥¶²©¨￦¶©²¸￦­²§³±©￦ ￦ ‫ڴڴڷ‬Ζ‫ڴڴڴ‬￦
￦ ￏ²§³±©￦¸¥¼￦´¥½¥¦°©￦ ￦ ‫ڴڹڶ‬Ζ‫ڴڴڴ‬￦
￦ ￊ­º­¨©²¨·￦´¥½¥¦°©￦ ￦ ‫ڴڴڵ‬Ζ‫ڴڴڴ‬￦
￦ ￚ³¸¥°￦§¹¶¶©²¸￦°­¥¦­°­¸­©·￦ ￖ￦ ‫ڶ‬Ζ‫ڴڹں‬Ζ‫ڴڴڴ‬￦

￦ Non-current
￦ ￈³²¨·￦´¥½¥¦°©￦ ￖ￦ ‫ڹ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
￦ ￊ­·§³¹²¸￦³²￦¦³²¨·￦´¥½¥¦°©￦ Ϯ￦￦ ‫ڴڴڹ‬Ζ‫ڴڴڴ‬￦ϯ￦
￦ ￒ³¥²￦´¥½¥¦°©￦ ￦²³²Ο§¹¶¶©²¸￦´³¶¸­³²￦ ￦ ‫ڵ‬Ζ‫ڴڴڹ‬Ζ‫ڴڴڴ‬￦
￦ ￊ©ª©¶¶©¨￦¸¥¼￦°­¥¦­°­¸½￦ ￦ ‫ڹڵ‬Ζ‫ڴڴڴ‬￦
￦ ￚ³¸¥°￦²³²Ο§¹¶¶©²¸￦°­¥¦­°­¸­©·￦ ￖ￦ ‫ں‬Ζ‫ڹڵڴ‬Ζ‫ڴڴڴ‬￦

￦ ￚ³¸¥°￦°­¥¦­°­¸­©·￦ ( B )￦ P 8,665,000￦
￦ ￦

￦
Current asset
￦ ￇ¨º¥²§©·￦¸³￦©±´°³½©©·￦ ￖ￦ ‫ڹڸ‬Ζ‫ڴڴڴ‬￦
￦ ￦

Non-current asset
￦ ￦ ￦ ‫ڹڻ‬Ζ‫ڴڴڴ‬￦
￦ ￖ¥¸©²¸￦ ￦ ‫ڴڹ‬Ζ‫ڴڴڴ‬￦
￦

￈©°³»￦­¸©±￦·¬¥°°￦¦©￦´¶© Ό￦
￦ ￙¬¥¶©￦¨­º­¨©²¨·￦´¥½¥¦°©￦ ￖ￦ ‫ڴڹڵ‬Ζ‫ڴڴڴ‬￦
￦

￈©°³»￦­¸©±￦·¬¥°°￦¦©￦¨­·§°³·©¨￦­²￦¸¬©￦²³¸©·￦¸³￦ª­²¥²§­¥°￦·¸¥¸©±©²¸·Ό￦
￦ ￉³²¸­²«©²¸￦°­¥¦­°­¸½￦ ￦«¹¥¶¥²¸©©￦¸³￦￐¥±©·￦ ￖ￦ ‫ڴڴڹ‬Ζ‫ڴڴڴ‬￦
￦ ￦
ￚ¬©￦¦¥²¯￦³º©¶¨¶¥ª¸Ζ￦»¬­§¬￦­·￦´¥¶¸￦³ª￦§¥·¬￦±¥²¥«©±©²¸Ζ￦­·￦³ªª·©¸￦¸³￦¥²½￦¦¥²¯￦
¦¥°¥²§©￦»­¸¬￦´³·­¸­º©￦¦¥°¥²§©￦¥·￦´¶³º­¨©¨￦¹²¨©¶￦ￖￇ￙￦‫ڻ‬Κ￦
￦
￦
PROBLEM 26-2 Current Liabilities￦
￉¹¶¶©²¸￦°­¥¦­°­¸­©·￦
￦ ￇ§§³¹²¸·￦´¥½¥¦°©￦ ￦¹²¥¨®¹·¸©¨￦ ￖ￦ ‫ڸ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
￦ ￇ¨¨ϑϮￊ©¨¹§¸ϯΌ￦ￇ¨®¹·¸±©²¸·￦
￦ ￦ ￦ ￦ ‫ڴڴڵ‬Ζ‫ڴڴڴ‬￦
￦ ￦ ￖ³·¸¨¥¸©¨￦§¬©§¯·￦³ª￦￦ ￦ ‫ڴڹ‬Ζ‫ڴڴڴ‬￦
￦ ￇ§§³¹²¸·￦´¥½¥¦°©￦ ￦¥¨®¹·¸©¨￦ ￖ￦ ‫ڸ‬Ζ‫ڴڹڵ‬Ζ‫ڴڴڴ‬￦
￦ ￦ ￦ ‫ڴڴڹ‬Ζ‫ڴڴڴ‬￦

239
Chapter 26: Introduction to Liabilities

￦ ￖ¶©±­¹±·￦´¥½¥¦°©￦ ￦ ‫ڴڴں‬Ζ‫ڴڴڴ‬￦
￦ ￊ©ª©¶¶©¨￦¶©º©²¹©￦ ￦ ‫ڹڻڵ‬Ζ‫ڴڴڴ‬￦
￦ ￇ§§¶¹©¨￦©¼´©²·©·￦ ￦ ‫ڴڹڵ‬Ζ‫ڴڴڴ‬￦
￦ ￚ³¸¥°￦§¹¶¶©²¸￦°­¥¦­°­¸­©·￦ ( B ) P 5,575,000￦
￦
￈©°³»￦­¸©±·￦·¬¥°°￦¦ Ο§¹¶¶©²¸￦°­¥¦­°­¸­©·Ό￦
￦ ￈³²¨·￦´¥½¥¦°©￦ ￦ ‫ڵ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
￦ ￖ¶©±­¹±￦³²￦¦³²¨·￦´¥½¥¦°©￦ ￦ ‫ڴڴڵ‬Ζ‫ڴڴڴ‬￦
￦ ￓ³¶¸«¥«©￦´¥½¥¦°©￦ ￦ ‫ڴڹڼ‬Ζ‫ڴڴڴ‬￦
￦ ￊ©ª©¶¶©¨￦¸¥¼￦°­¥¦­°­¸½￦ ￦ ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦
￦ ￦
￦
￦ ￙¸³§¯￦¨­º­¨©²¨·￦´¥½¥¦°©￦ ￦ ‫ڴڹڻ‬Ζ‫ڴڴڴ‬￦
￦
￦
PROBLEM 26-3 Refinancing￦
￉¹¶¶©²¸￦°­¥¦­°­¸­©·￦
￦ ‫ܫڴڵ‬￦²³¸©￦´¥½¥¦°©Ζ￦±¥¸¹¶­²«￦‫ڷڴ‬ϑ‫ڵڷ‬ϑ‫ڽڵڴڶ‬￦ ￖ‫ڴڵ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
￦ ￇ²²¹¥°￦·­²¯­²«￦ª¹²¨￦¶©µ¹­¶©±©²¸￦ ￦ ‫ڴڴڹ‬Ζ‫ڴڴڴ‬￦
￦ ￚ³¸¥°￦§¹¶¶©²¸￦°­¥¦­°­¸­©·￦ ( C ) 10,500,000￦
￦
￈©°³»￦­¸©±·￦·¬¥°°￦¦©￦´¶©·©²¸©¨￦¥·￦´¥¶¸￦³ª￦©²¸­¸½ Ο§¹¶¶©²¸￦°­¥¦­°­¸­©·Ό￦
￦ ‫ܫڶڵ‬￦²³¸©￦´¥½¥¦°©Ζ￦±¥¸¹¶­²«￦‫ںڴ‬ϑ‫ڴڷ‬ϑ‫ڽڵڴڶ‬￦ ￦ ‫ں‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
￦ ‫ܫڻ‬￦«¹¥¶¥²¸©©¨￦¨©¦©²¸¹¶©·Ζ￦¨¹©￦‫ڶڶڴڶ‬￦ ￦ ‫ڶ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
￦
￦
PROBLEM 26-4 Refinancing
(A)￦ￚ¬©￦¥±³¹²¸￦¸³￦¦©￦¶©´³¶¸©¨￦¥·￦§¹¶¶©²¸￦°­¥¦­°­¸­©·￦­²￦‫ڼڵڴڶ‬￦­·￦P2,000,000￦·­²§©￦
¸¬©￦¶©ª­²¥²§­²«￦¥«¶©©±©²¸￦»¥·￦§³±´°©¸©¨￦¥ª¸©¶￦¸¬©￦¶©´³¶¸­²«￦¨¥¸©Κ￦
￦
￦
PROBLEM 26-5 Refinancing
(A)￦ￚ¬©￦¥±³¹²¸￦¸³￦¦©￦¶©´³¶¸©¨￦¥·￦§¹¶¶©²¸￦°­¥¦­°­¸­©·￦­²￦‫ڼڵڴڶ‬￦­·￦P2,000,000￦·­²§©￦
¸¬©￦«¶¥§©￦´©¶­³¨￦»¥·￦«¶¥²¸©¨￦¥ª¸©¶￦¸¬©￦¶©´³¶¸­²«￦¨¥¸©Κ￦
￦
￦
PROBLEM 26-6 Accounts payable
ￇ§§³¹²¸·￦´¥½¥¦°©￦
￦ ￇ§§³¹²¸·￦´¥½¥¦°©￦ ￦¹²¥¨®¹·¸©¨￦ ￖ￦ ‫ڼ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
￦ ￉³·¸￦³ª￦«³³¨·￦°³·¸￦­²￦¸¶¥²·­¸￦ ￦ ‫ڴڴڹ‬Ζ‫ڴڴڴ‬￦
￦ ￉³·¸￦³ª￦¶©¸¹¶²©¨￦«³³¨·￦ Ϯ￦￦ ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦ϯ￦
￦ ￇ§§³¹²¸·￦´¥½¥¦°©￦ ￦¥¨®¹·¸©¨￦ ( B )￦ P 8,300,000￦

240
Chapter 26: Introduction to Liabilities

PROBLEM 26-7 Accounts payable￦

ￇ±³¹²¸￦³ª￦§¥·¬￦¸³￦©°­±­²¥¸©￦¥§§³¹²¸·￦´¥½¥¦°©￦
￦ ￇ§§³¹²¸·￦´¥½¥¦°©￦ª¶³±Ό￦
￦ Єￖ¹¶§¬¥·©·￦¸¬¶³¹«¬￦ￓ¥¶§¬￦‫ڹڵ‬￦Ϯ«¶³··ϯϮￖ‫ڸ‬Ζ‫ڴڴڽ‬Ζ‫ڴڴڴ‬￦ϑ￦‫ܫڼڽ‬ϯ￦ ￖ￦ ‫ڹ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
￦ ￓ©¶§¬¥²¨­·©￦­²º©²¸³¶½￦¥¸￦§³·¸Ϯￖ‫ڵ‬Ζ‫ڴڴڹ‬Ζ‫ڴڴڴ‬￦ϑ￦‫ܫڴڹڵ‬ϯ￦ ￦ ‫ڵ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
￦ ￇ§§³¹²¸·￦´¥½¥¦°©￦￦ ( B )￦ P 6,000,000￦
￦

Єￚ¬©￦ ¥±³¹²¸￦ »¥·￦ «¶³··©¨Ο¹´￦ ·­²§©￦ ¸¬©￦ ©²¸­¸½￦ ­·￦ ²³￦ °³²«©¶￦ ©²¸­¸°©¨￦ ¸³￦ §¥·¬￦
¨­·§³¹²¸Κ￦￦ￚ¬©￦°­¥¦­°­¸½￦¥·￦³ª￦ￓ¥¶§¬￦‫ڹڵ‬Ζ￦‫ڽڵڴڶ‬￦¬¥·￦¦©©²￦³¹¸·¸¥²¨­²«￦ª³¶￦±³¶©￦¸¬¥²￦
‫ڴڵ‬￦¨¥½·Κ￦
￦
￦
PROBLEM 26-8 Bonus payable
ￇ±³¹²¸￦³ª￦¦³²¹·￦
￦ ￔ©¸￦­²§³±©￦¦©ª³¶©￦¦³²¹·￦¥²¨￦­²§³±©￦¸¥¼￦ ￖ￦ ‫ڶ‬Ζ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦
￦ ￒ©··Ό￦￘©µ¹­¶©¨￦­²§³±©￦¸³￦©¥¶²￦¦³²¹·￦ ￦ ‫ڴڼڼ‬Ζ‫ڴڴڴ‬￦
￦ ￈¥·­·￦³ª￦¦³²¹·￦ ￖ￦ ‫ڵ‬Ζ‫ڴڶڷ‬Ζ‫ڴڴڴ‬￦
￦ ￓ¹°¸­´°½￦¦½Ό￦￈³²¹·￦¶¥¸©￦ ￦ ‫ܫڴڵ‬￦
￦ ￚ³¸¥°￦§¹¶¶©²¸￦°­¥¦­°­¸­©·￦ ( C ) P 132,000￦
￦
￦
PROBLEM 26-9 Bonus payable
ￇ±³¹²¸￦³ª￦¦³²¹·￦
￦ ￔ©¸￦­²§³±©￦¦©ª³¶©￦¦³²¹·￦¥²¨￦­²§³±©￦¸¥¼￦ ￖ￦ ‫ڵ‬Ζ‫ڴڴں‬Ζ‫ڴڴڴ‬￦
￦ ￒ©··Ό￦￘©µ¹­¶©¨￦­²§³±©￦¸³￦©¥¶²￦¦³²¹·￦ ￦ ‫ڵ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
￦ ￇ±³¹²¸￦³ª￦­²§³±©￦·¹¦®©§¸￦¸³￦¦³²¹·￦Ϯ‫ܫڹڶڵ‬ϯ￦ ￖ￦ ‫ڴڴں‬Ζ‫ڴڴڴ‬￦
￦ ￒ©··Ό￦￈³²¹·￦Ϯ‫ܫڹڶ‬ϯ￦(squeeze)￦ ( D )￦ ￦ 120,000￦
￦ ￈¥·­·￦³ª￦¦³²¹·￦Ϯ‫ܫڴڴڵ‬ϯ￦Ϯￖ‫ڴڴں‬Ζ‫ڴڴڴ‬ϑ‫ܫڹڶڵ‬ϯ￦ ￖ￦ ‫ڴڼڸ‬Ζ‫ڴڴڴ‬￦
￦
￦
PROBLEM 26-10 Unearned Revenue
ￛ²©¥¶²©¨￦¶©º©²¹©￦ ￦«­ª¸￦§©¶¸­ª­§¥¸©·￦
￦ Unearned revenue
￦ ￦￦ ￦￦￦￦￦￦￦￦￦‫ڵ‬Ζ‫ڴڴڹ‬Ζ‫ڴڴڴ‬￦￦ ￈¥°¥²§©Ζ￦￈©«Κ￦
ￍ­ª¸￦§©¶¸­ª­§¥¸©￦ ￉¥·¬￦¶©§©­´¸·￦ª¶³±￦
¶©¨©©±©¨￦ ￦￦￦￦￦￦￦￦￦‫ڸ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦ ￦￦￦￦￦￦￦￦￦‫ڹ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦￦ «­ª¸￦§©¶¸­ª­§¥¸©￦·³°¨￦
ￋ¼´­¶©¨￦«­ª¸￦
§©¶¸­ª­§¥¸©￦ ￦￦￦￦￦￦￦￦￦￦￦￦‫ڴڴڷ‬Ζ‫ڴڴڴ‬￦ ￦￦
￦ ￦￦￦￦￦￦￦￦￦‫ڸ‬Ζ‫ڴڴڷ‬Ζ‫ڴڴڴ‬￦ ￦￦￦￦￦￦￦￦￦‫ں‬Ζ‫ڴڴڹ‬Ζ‫ڴڴڴ‬￦￦
￈¥°¥²§©Ζ￦ￋ²¨￦(B)￦ 2,200,000 ￦￦
￦ ￦￦￦￦￦￦￦￦￦‫ں‬Ζ‫ڴڴڹ‬Ζ‫ڴڴڴ‬￦ ￦￦￦￦￦￦￦￦￦‫ں‬Ζ‫ڴڴڹ‬Ζ‫ڴڴڴ‬￦￦
￦

241
Chapter 26: Introduction to Liabilities

PROBLEM 26-11 Advances from Customers

ￛ²©¥¶²©¨￦¶©º©²¹©￦ ￦ￇ¨º¥²§©·￦ª¶³±￦§¹·¸³±©¶·￦
￦ Unearned revenue
￦ ￦￦ ￦￦￦￦￦￦￦￦￦‫ڵ‬Ζ‫ڴڴڵ‬Ζ‫ڴڴڴ‬￦ ￈¥°¥²§©Ζ￦￈©«Κ￦
ￇ¨º¥²§©·￦¥´´°­©¨￦¸³￦ ￇ¨º¥²§©·￦
·¬­´±©²¸·￦ ￦￦￦￦￦￦￦￦￦‫ڵ‬Ζ‫ڴڴں‬Ζ‫ڴڴڴ‬￦ ￦￦￦￦￦￦￦￦￦‫ڵ‬Ζ‫ڴڴڼ‬Ζ‫ڴڴڴ‬￦ ¶©§©­º©¨￦
ￕ¶¨©¶·￦§¥²§©°°©¨￦ ￦￦￦￦￦￦￦￦￦￦￦￦‫ڴڴڵ‬Ζ‫ڴڴڴ‬￦ ￦￦
￦ ￦￦￦￦￦￦￦￦￦‫ڵ‬Ζ‫ڴڴڻ‬Ζ‫ڴڴڴ‬￦ ￦￦￦￦￦￦￦￦￦‫ڶ‬Ζ‫ڴڴڽ‬Ζ‫ڴڴڴ‬￦
￈¥°¥²§©Ζ￦ￋ²¨￦(C)￦ ￦￦￦￦￦￦￦￦1,200,000 ￦￦
￦ ￦￦￦￦￦￦￦￦￦‫ڶ‬Ζ‫ڴڴڽ‬Ζ‫ڴڴڴ‬￦ ￦￦￦￦￦￦￦￦￦‫ڶ‬Ζ‫ڴڴڽ‬Ζ‫ڴڴڴ‬￦
￦
￦
PROBLEM 26-12 Escrow Liability
ￊ©´³·­¸·￦¶©§©­º©¨￦ ￦ￋ·§¶³»￦¥§§³¹²¸￦
￦ Escrow liability
￦ ￦￦ ￦￦￦￦￦￦￦￦￦￦￦￦‫ڴڴں‬Ζ‫ڴڴڴ‬￦￦ ￈¥°¥²§©Ζ￦￈©«Κ￦
￉¥·¬￦´¥½±©²¸·￦²­²©￦ ￉¥·¬￦¶©§©­´¸·￦
±³²¸¬·￦ ￦￦￦￦￦￦￦￦￦‫ڸ‬Ζ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦￦ ￦￦￦￦￦￦￦￦￦‫ڸ‬Ζ‫ڴڴڹ‬Ζ‫ڴڴڴ‬￦￦ ª³¶￦²­²©￦±³²¸¬·￦
￦ ￦￦￦￦￦￦￦￦￦‫ڸ‬Ζ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦￦ ￦￦￦￦￦￦￦￦￦‫ڹ‬Ζ‫ڴڴڵ‬Ζ‫ڴڴڴ‬￦￦
￈¥°¥²§©Ζ￦ￋ²¨￦(C)￦ ￦￦￦￦￦￦￦￦￦￦￦￦900,000 ￦￦
￦ ￦￦￦￦￦￦￦￦￦‫ڹ‬Ζ‫ڴڴڵ‬Ζ‫ڴڴڴ‬￦￦ ￦￦￦￦￦￦￦￦￦‫ڹ‬Ζ‫ڴڴڵ‬Ζ‫ڴڴڴ‬￦￦
￦
￦
PROBLEM 26-
ￊ©´³·­¸·￦¶©§©­º©¨￦ ￦ￋ·§¶³»￦¥§§³¹²¸￦
￦ Liability for Deposits
￦ ￦￦ ￦￦￦￦￦￦￦￦￦￦￦￦‫ڴڴڵ‬Ζ‫ڴڴڴ‬￦ ￈¥°¥²§©Ζ￦￈©«Κ￦
￉¥·¬￦¶©ª¹²¨·￦ª³¶￦
§³²¸¥­²©¶￦¶©¸¹¶²©¨￦­²￦ ￉¥·¬￦¨©´³·­¸·￦
‫ڼڵڴڶ‬￦ ￦￦￦￦￦￦￦￦￦￦￦￦￦￦‫ڶڽ‬Ζ‫ڴڴڴ‬￦ ￦￦￦￦￦￦￦￦￦￦￦￦‫ڴڴڵ‬Ζ‫ڴڴڴ‬￦ ª¶³±￦¨©°­º©¶­©·￦
￦ ￦￦ ￦￦
￦ ￦￦￦￦￦￦￦￦￦￦￦￦￦￦‫ڶڽ‬Ζ‫ڴڴڴ‬￦ ￦￦￦￦￦￦￦￦￦￦￦￦‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦
￈¥°¥²§©Ζ￦ￋ²¨￦(C)￦ ￦￦￦￦￦￦￦￦￦￦￦￦108,000 ￦￦
￦ ￦￦￦￦￦￦￦￦￦￦￦￦‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦ ￦￦￦￦￦￦￦￦￦￦￦￦‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦
￦
PROBLEM 26-14 VAT payable
ￖ¶³º­·­³²￦Ο￦ￜￇￚ￦´¥½¥¦°©￦
￦ VAT Payable ￦
￦ ￦￦ ￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦Ο￦￦￦ ￈¥°¥²§©Ζ￦￈©«Κ￦
ￖ¥½±©²¸￦±¥¨© ￦￦￦￦￦￦￦￦￦￦￦￦‫ڴڶڵ‬Ζ‫ڴڴڴ‬￦ ￦￦￦￦￦￦￦￦￦￦￦￦‫ڴڶڵ‬Ζ‫ڴڴڴ‬￦￦ ￌ³¶￦ￕ§¸³¦©¶￦
￦ ￦￦ ￦￦￦￦￦￦￦￦￦￦￦￦￦￦‫ڸڼ‬Ζ‫ڴڴڴ‬￦￦ ￌ³¶￦ￔ³º©±¦©¶￦
￦ ￦￦ ￦￦￦￦￦￦￦￦￦￦￦￦￦￦‫ںڽ‬Ζ‫ڴڴڴ‬￦￦ ￌ³¶￦ￊ©§©±¦©¶￦
￦ ￦￦￦￦￦￦￦￦￦￦￦￦‫ڴڶڵ‬Ζ‫ڴڴڴ‬￦ ￦￦￦￦￦￦￦￦￦￦￦￦‫ڴڴڷ‬Ζ‫ڴڴڴ‬￦￦ ￦
￈¥°¥²§©Ζ￦ￋ²¨￦(A)￦ 180,000 ￦
￦ ￦￦￦￦￦￦￦￦￦￦￦￦‫ڴڴڷ‬Ζ‫ڴڴڴ‬￦ ￦￦￦￦￦￦￦￦￦￦￦￦‫ڴڴڷ‬Ζ‫ڴڴڴ‬￦￦ ￦
242
Chapter 26: Introduction to Liabilities

PROBLEM 26-15 Provision: Continuous range of outcome

(D)￦ￇ￦¶¥²«©￦ ￦±©¥²·￦¸¬¥¸￦¸¬©￦§³²¸­²«©²§½￦§¥²²³¸￦
¦©￦¶©°­¥¦°½￦©·¸­±¥¸©¨Ζ￦¬©²§©￦²³￦´¶³º­·­³²￦­·￦¶©§³«²­¾©¨Κ￦
￦
￦
PROBLEM 26-16 Provision: Expected value with adjustment factor
￦

‫ܫڴڻ‬￦§¬¥²§©￦¸¬¥¸￦³¹¸§³±©￦»­°°￦³§§¹¶￦‫ڃ‬￦‫ܫڴڶ‬￦‫ڃ‬￦ ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦ ￦￦‫ڼڶ‬Ζ‫ڴڴڴ‬￦

‫ܫڴڻ‬￦§¬¥²§©￦¸¬¥¸￦³¹¸§³±©￦»­°°￦³§§¹¶￦‫ڃ‬￦‫ܫڴڼ‬￦‫ڃ‬￦ ‫ڴڴڵ‬Ζ‫ڴڴڴ‬ ‫ںڹ‬Ζ‫ڴڴڴ‬￦
ￋ¼´©§¸©¨￦º¥°¹©￦￦ ‫ڸڼ‬Ζ‫ڴڴڴ‬￦
ￓ¹°¸­´°½￦¦½Ό￦￘­·¯￦¥¨®¹·¸±©²¸￦ ‫ڵ‬Κ‫ڻڴ‬￦
￘­·¯￦¥¨®¹·¸©¨￦©¼´©§¸©¨￦º¥°¹©￦ ‫ڽڼ‬Ζ‫ڴڼڼ‬￦
ￓ¹°¸­´°½￦¦½Ό￦ￖ¶©·©²¸￦º¥°¹©￦ª¥§¸³¶￦ ‫ڽڼ‬Ζ‫ڴڴڴ‬￦
ￖ¶³º­·­³²￦ (D) ￦￦‫ڵڼ‬Ζ‫ڽڴڻ‬￦
￦
￦
PROBLEM 26-17 Restructuring Provisions
￦

￝¥«©·￦³ª￦¶©¸¶©²§¬©¨￦©±´°³½©©·￦ ‫ڵ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
￙¥°¥¶½￦Ϯ ‫ڴڹ‬Ζ‫ڴڴڴ‬￦¼￦‫ܫڴں‬ϯ￦ ‫ڴڷ‬Ζ‫ڴڴڴ‬￦
￘©¸¶©²§¬±©²¸￦´¥§¯¥«©￦￦ ‫ڴڹڵ‬Ζ‫ڴڴڴ‬￦
￘©·¸¶¹§¸¹¶­²«￦´¶³º­·­³²￦ ￦ (D)￦ ‫ڵ‬Ζ‫ڴڼڵ‬Ζ‫ڴڴڴ‬￦
￦

ￔ³¸©￦¸¬¥¸￦‫ܫڴں‬￦Ϯ¥¨±­²­·¸©¶­²«￦¸¬©￦§°³·¹¶©￦¥²¨￦¸¶¥²·ª©¶￦³ª￦©±´°³½©©·￦³ª￦ￌ¥§¸³¶½￦
ￇϯ￦­·￦³²°½￦­²§°¹¨©¨￦­²￦§³±´¹¸­²«￦¸¬©￦¶©·¸¶¹§¸¹¶­²«￦´¶³º­·­³²￦·­²§©￦­¸￦­·￦¨­¶©§¸°½￦
¶©°¥¸©¨￦¸³￦¸¬©￦¶©·¸¶¹§¸¹¶­²«Κ￦
￦
￦
PROBLEM 26-18 Contingencies
(C)￦ ￙­²§©￦ ¸¬©￦ ³¹¸§³±©￦ ³ª￦ ¸¬©￦ °¥»·¹­¸￦ ¶©±¥­²·￦ ¹²§©¶¸¥­²Ζ￦ ¨­·§°³·¹¶©￦ ³ª￦ ¸¬©￦
§³²¸­²«©²§½￦­²￦¸¬©￦²³¸©·￦¸³￦ª­²¥²§­¥°￦·¸¥¸©±©²¸·￦»³¹°¨￦¦©￦¸¬©￦²©§©··¥¶½Κ￦
￦
￦
PROBLEM 26-19 Contingencies
(B) ￙­²§©￦ ­¸￦ ­·￦ ´¶³¦¥¦°©￦ ¸¬¥¸￦ ￊ©¶­§¯￦ »­°°￦ ¦©￦ °­¥¦°©￦ ¸³￦ ´¥½￦ ¸¬©￦ ‫ڷ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦ ¥·￦
·¹´´³¶¸©¨￦¦½￦￘³·© ￊ©¶­§¯￦·¬³¹°¨￦¥§§¶¹©￦¥²¨￦
¨­·§°³·©￦¸¬©￦´¶³º­·­³²￦ª³¶￦«¹¥¶¥²¸©©￦³²￦¥￦°³¥²￦³ª￦ ‫ڷ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬Κ￦


PROBLEM 26-20 Premiums Payable
ￖ¶³º­·­³²￦ ￦ￖ¶©±­¹±·￦°­¥¦­°­¸½￦
￦ Premiums liability
￦ ￦￦ ￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦Ο￦￦￦￦ ￈¥°¥²§©Ζ￦￈©«Κ￦
ЄЄ￉³¹´³²·￦ Єￖ¶©±­¹±·￦
¶©¨©©±©¨￦ ￦￦￦￦￦￦￦￦￦￦￦￦￦￦‫ڴڹ‬Ζ‫ڴڴڴ‬￦￦ ￦￦￦￦￦￦￦￦￦￦￦￦￦￦‫ڴڼ‬Ζ‫ڴڴڴ‬￦ ©¼´©²·©￦
￦ ￦￦￦￦￦￦￦￦￦￦￦￦￦￦‫ڴڹ‬Ζ‫ڴڴڴ‬￦￦ ￦￦￦￦￦￦￦￦￦￦￦￦￦￦‫ڴڼ‬Ζ‫ڴڴڴ‬￦
￈¥°¥²§©Ζ￦ￋ²¨￦(D)￦ ￦￦￦￦￦￦￦￦￦￦￦￦￦￦30,000 ￦￦
243
Chapter 26: Introduction to Liabilities

￦ ￦￦￦￦￦￦￦￦￦￦￦￦￦￦‫ڴڼ‬Ζ‫ڴڴڴ‬￦￦ ￦￦￦￦￦￦￦￦￦￦￦￦￦￦‫ڴڼ‬Ζ‫ڴڴڴ‬￦
ЄϮ‫ڴڶ‬Ζ‫ڴڴڴ‬￦¼￦‫ܫڴڼ‬ϯϑ‫ڹ‬￦¼￦Ϯￖ‫ڴڷ‬￦‫ܩ‬￦ￖ‫ڹ‬￦Ο￦ￖ‫ڴڵ‬ϯ￦
ЄЄϮ‫ڴڵ‬Ζ‫ڴڴڴ‬ϑ‫ڹ‬ϯ￦¼￦Ϯￖ‫ڴڷ‬￦‫ܩ‬￦ￖ‫ڹ‬￦Ο￦ￖ‫ڴڵ‬ϯ￦


PROBLEM 26-21 Premiums
￦ Premiums liability (2017)
ЄЄ￈¥°¥²§©Ζ￦ￋ²¨￦ ￦￦￦￦￦￦￦￦￦￦￦￦‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦￦ ￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦Ο￦￦￦￦ ￈¥°¥²§©Ζ￦￈©«Κ￦
ￖ¶©±­¹±·￦
Є￉³¹´³²·￦ ©¼´©²·©￦
¶©¨©©±©¨￦ ￦￦￦￦￦￦￦￦￦￦￦￦‫ڴڴڼ‬Ζ‫ڴڴڴ‬￦￦ ￦￦￦￦￦￦￦￦￦‫ڵ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦￦ Ϯ·µ¹©©¾©ϯ￦
￦ ￦￦￦￦￦￦￦￦￦‫ڵ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦￦ ￦￦￦￦￦￦￦￦￦‫ڵ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦￦
￦

￦ Premiums liability (2018)

ЄЄ￈¥°¥²§©Ζ￦ￋ²¨ ￦￦￦￦￦￦￦￦￦￦￦￦‫ڴڶڵ‬Ζ‫ڴڴڴ‬￦￦ ￦￦￦￦￦￦￦￦￦￦￦￦‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦￦ ￈¥°¥²§©Ζ￦￈©«Κ￦
ￖ¶©±­¹±·￦
Є￉³¹´³²·￦ ©¼´©²·©￦
¶©¨©©±©¨￦ ￦￦￦￦￦￦￦￦￦‫ڶ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦￦ 1,920,000 Ϯ·µ¹©©¾©ϯ￦(D)￦
￦ ￦￦￦￦￦￦￦￦￦‫ڶ‬Ζ‫ڴڶڵ‬Ζ‫ڴڴڴ‬￦￦ ￦￦￦￦￦￦￦￦￦‫ڶ‬Ζ‫ڴڶڵ‬Ζ‫ڴڴڴ‬￦￦
Єￔ¹±¦©¶￦³ª￦¸³»©°·￦¨­·¸¶­¦¹¸©¨￦¼￦²©¸￦§³·¸￦³ª￦ￖ‫ڴڸ‬￦
ЄЄￔ¹±¦©¶￦³ª￦¸³»©°·￦½©¸￦¸³￦¦©￦¨­·¸¶­¦¹¸©¨￦¼￦²©¸￦§³·¸￦³ª￦ￖ‫ڴڸ‬￦
￦

ￚ¬©￦¦©«­²²­²«￦¦¥°¥²§©￦³ª￦¸¬©￦‫ڹ‬Ζ‫ڴڴڴ‬￦¸³»©°·￦­·￦­²§°¹¨©¨￦¥·￦´¥¶¸￦³ª￦¸¬©￦‫ڴڹ‬Ζ‫ڴڴڴ‬￦¸³»©°·￦
¨­·¸¶­¦¹¸©¨￦­²￦‫ڼڵڴڶ‬Κ￦ￏª￦¸¬©￦¥§¸¹¥°￦¸³»©°·￦¨­·¸¶­¦¹¸©¨￦ª¶³±￦‫ڼڵڴڶ‬￦­·￦¨­ªª©¶©²¸￦ª¶³±￦
¸¬¥¸￦ »¥·￦ ¶©§³¶¨©¨￦ ¥·￦ ³ª￦ ¸¬©￦ ©²¨￦ ³ª￦ ‫ڻڵڴڶ‬Ζ￦ ¸¬­·￦ ­·￦ §³²·­¨©¶©¨￦ ¥·￦ ¥￦ §¬¥²«©￦ ­²￦
¥§§³¹²¸­²«￦©·¸­±¥¸©￦»¬­§¬￦·¬³¹°¨￦¦©￦¸¥¯©²￦­²¸³￦¥§§³¹²¸￦¨¹¶­²«￦‫ڼڵڴڶ‬￦¥²¨￦ª³¶￦¸¬©￦
·¹§§©©¨­²«￦¥§§³¹²¸­²«￦´©¶­³¨Κ￦
￦
￦
PROBLEM 26-22 Warranty Liability
￦ Warranties liability (2017)
￦ ￦￦ ￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦Ο￦￦￦￦ ￈¥°¥²§©Ζ￦￈©«Κ￦
ￇ§¸¹¥°￦ Є￝¥¶¶¥²¸­©·￦
©¼´©²¨­¸¹¶©·￦ ￦￦￦￦￦￦￦￦￦￦￦￦‫ڴڹڵ‬Ζ‫ڴڴڴ‬￦￦ ￦￦￦￦￦￦￦￦￦￦￦￦‫ڴڴڹ‬Ζ‫ڴڴڴ‬￦￦ ©¼´©²·©￦
￦ ￦￦￦￦￦￦￦￦￦￦￦￦‫ڴڹڵ‬Ζ‫ڴڴڴ‬￦￦ ￦￦￦￦￦￦￦￦￦￦￦￦‫ڴڴڹ‬Ζ‫ڴڴڴ‬￦￦
￈¥°¥²§©Ζ￦ￋ²¨￦ ￦￦￦￦￦￦￦￦￦￦￦￦‫ڴڹڷ‬Ζ‫ڴڴڴ‬￦￦
￦ ￦￦￦￦￦￦￦￦￦￦￦￦‫ڴڴڹ‬Ζ‫ڴڴڴ‬￦￦ ￦￦￦￦￦￦￦￦￦￦￦￦‫ڴڴڹ‬Ζ‫ڴڴڴ‬￦￦
￦

￦ Warranties liability (2018)

￦ ￦￦ ￦￦￦￦￦￦￦￦￦￦￦￦‫ڴڹڷ‬Ζ‫ڴڴڴ‬￦￦ ￈¥°¥²§©Ζ￦￈©«Κ￦
ￇ§¸¹¥°￦ Є￝¥¶¶¥²¸­©·￦
©¼´©²¨­¸¹¶©·￦ ￦￦￦￦￦￦￦￦￦￦￦￦‫ڴڹڹ‬Ζ‫ڴڴڴ‬￦￦ ￦￦￦￦￦￦￦￦￦￦￦￦‫ڴڴں‬Ζ‫ڴڴڴ‬￦￦ ©¼´©²·©￦
￦ ￦￦￦￦￦￦￦￦￦￦￦￦‫ڴڹڹ‬Ζ‫ڴڴڴ‬￦￦ ￦￦￦￦￦￦￦￦￦￦￦￦‫ڴڹڽ‬Ζ‫ڴڴڴ‬￦￦
￈¥°¥²§©Ζ￦ￋ²¨￦(A)￦ ￦￦￦￦￦￦￦￦￦￦￦￦400,000
￦ ￦￦￦￦￦￦￦￦￦￦￦￦‫ڴڹڽ‬Ζ‫ڴڴڴ‬￦￦ ￦￦￦￦￦￦￦￦￦￦￦￦‫ڴڹڽ‬Ζ‫ڴڴڴ‬￦￦
Є￙¥°©·￦¼￦ￚ³¸¥°￦©·¸­±¥¸©¨￦»¥¶¶¥²¸½￦§³·¸￦³ª￦‫ܫڴڵ‬￦
PROBLEM 26-23 Warranty Liability
244
Chapter 26: Introduction to Liabilities

￦ Warranties liability ￦
￦ ￦￦ ￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦Ο￦￦￦￦￈¥°¥²§©Ζ￦￈©«Κ￦
ￇ§¸¹¥°￦ ￝¥¶¶¥²¸­©·￦
©¼´©²¨­¸¹¶©·￦ ￦￦￦￦￦￦￦￦￦￦￦￦‫ڴڸڵ‬Ζ‫ڴڴڴ‬￦￦ ￦￦￦￦￦￦￦￦￦￦￦￦‫ڴڼڸ‬Ζ‫ڴڴڴ‬￦ ©¼´©²·©￦
￦ ￦￦￦￦￦￦￦￦￦￦￦￦‫ڴڸڵ‬Ζ‫ڴڴڴ‬￦￦ ￦￦￦￦￦￦￦￦￦￦￦￦‫ڴڼڸ‬Ζ‫ڴڴڴ‬￦ ￦
￈¥°¥²§©Ζ￦ￋ²¨￦(C)￦ ￦￦￦￦￦￦￦￦￦￦￦￦340,000 ￦ ￦
￦ ￦￦￦￦￦￦￦￦￦￦￦￦‫ڴڼڸ‬Ζ‫ڴڴڴ‬￦ ￦￦￦￦￦￦￦￦￦￦￦￦‫ڴڼڸ‬Ζ‫ڴڴڴ‬￦ ￦
￦
￦
PROBLEM 26-24 Warranty - Sales are Made Evenly
￦

Pattern of Realized Revenues:

2017 SALES
From sales in: ￦ 2017 2018 2019
￦ 2020 ￦ Total
·¸
‫ ڵ‬Ϯ‫ܫڴڸ‬￦¼￦‫ڏ‬ϯ ‫ڴ‬Κ‫ڴڶ‬￦ ‫ڴ‬Κ‫ڴڶ‬ ‫ڴ‬Κ‫ڴڸ‬￦
￦ ￦ ￦
‫ڶ‬²¨￦Ϯ‫ܫںڷ‬￦¼￦‫ڏ‬ϯ￦ ￦ ￦ ‫ڴ‬Κ‫ڼڵ‬￦
￦ ‫ڴ‬Κ‫ڼڵ‬￦ ‫ڴ‬Κ‫ںڷ‬￦
‫¨¶ڷ‬￦Ϯ‫ܫڸڶ‬￦¼￦‫ڏ‬ϯ￦ ￦ ‫ڴ‬Κ‫ڶڵ‬￦ ‫ڴ‬Κ‫ڶڵ‬￦ ‫ڴ‬Κ‫ڸڶ‬￦
ￚ³¸¥°￦
￦ ￦
‫ڴ‬Κ‫ڴڶ‬￦
￦
0.38 ‫ڴ‬Κ‫ڴڷ‬￦ ‫ڴ‬Κ‫ڶڵ‬￦
￦ ￦ ‫ڵ‬￦
￦

2018 SALES
From sales in: ￦ 2018 2019 2020
￦ 2021 ￦ Total
·¸
‫ ڵ‬￦Ϯ‫ܫڴڸ‬￦¼￦‫ڏ‬ϯ￦ ￦ ‫ڴ‬Κ‫ڴڶ‬￦ ‫ڴ‬Κ‫ڴڶ‬￦ ‫ڴ‬Κ‫ڴڸ‬￦
￦ ￦
‫ڶ‬²¨￦Ϯ‫ܫںڷ‬￦¼￦‫ڏ‬￦ ￦ ￦ ‫ڴ‬Κ‫ڼڵ‬￦
￦ ‫ڴ‬Κ‫ڼڵ‬￦ ‫ڴ‬Κ‫ںڷ‬￦
‫¨¶ڷ‬￦Ϯ‫ܫڸڶ‬￦¼￦‫ڏ‬ϯ￦ ￦ ‫ڴ‬Κ‫ڶڵ‬￦ ‫ڴ‬Κ‫ڶڵ‬￦ ‫ڴ‬Κ‫ڸڶ‬￦
ￚ³¸¥°￦ 0.20 ‫ڴ‬Κ‫ڼڷ‬￦ ‫ڴ‬Κ‫ڴڷ‬￦ ‫ڴ‬Κ‫ڶڵ‬￦ ‫ڵ‬￦
￦
Requirement No. 1 (A)
￝¥¶¶¥²¸½￦￙¥°©·￦­²￦‫ڻڵڴڶ‬￦©¥¶²©¨￦­²￦‫ڼڵڴڶ‬￦Ϯ‫ܫڼڷ‬￦¼￦‫ڵ‬Ζ‫ڴڴڴ‬￦¼￦ￖ‫ڵ‬Ζ‫ڴڴڹ‬ϯ￦ ‫ڴڻڹ‬Ζ‫ڴڴڴ‬￦
￝¥¶¶¥²¸½￦￙¥°©·￦­²￦‫© ڼڵڴڶ‬¥¶²©¨￦­²￦‫ ڼڵڴڶ‬Ϯ‫ܫڴڶ‬￦¼￦‫ڵ‬Ζ‫ڴڴڶ‬￦¼￦ￖ‫ڵ‬Ζ‫ڴڴڹ‬ϯ ‫ڴںڷ‬Ζ‫ڴڴڴ‬￦
ￚ³¸¥°￦»¥¶¶¥²¸½￦·¥°©·￦¶©º©²¹©￦©¥¶²©¨￦­²￦‫ڼڵڴڶ‬￦ ‫ڴڷڽ‬Ζ‫ڴڴڴ‬￦
￦

Notes:
ￚ¬©￦‫ܫڼڷ‬￦¶©´¶©·©²¸·￦¸¬©￦¶©¥°­¾©¨￦¶©º©²¹©￦­²￦‫ڼڵڴڶ‬￦ª¶³±￦‫ڻڵڴڶ‬￦￙¥°©·Κ￦
ￚ¬©￦‫ܫڴڶ‬￦¶©´¶©·©²¸·￦¸¬©￦¶©¥°­¾©¨￦¶©º©²¹©￦­²￦‫ڼڵڴڶ‬￦ª¶³±￦‫ڼڵڴڶ‬￦￙¥°©·Κ￦
￦
Requirement No. 2 (B)
ￚ³¸¥°￦»¥¶¶¥²¸½￦·¥°©·￦¶©º©²¹©￦©¥¶²©¨￦­²￦‫ڼڵڴڶ‬￦Ϯ·©©￦ￔ³Κ￦‫ڵ‬ϯ￦ ‫ڴڷڽ‬Ζ‫ڴڴڴ‬￦
ￋ¼´©²·©·￦¶©°¥¸­²«￦¸³￦§³±´¹¸©¶￦»¥¶¶¥²¸­©·￦￦ ‫ڴں‬Ζ‫ڴڴڴ‬￦
ￖ¶³ª­¸￦ª¶³±￦·¥°©·￦»¥¶¶¥²¸½ ‫ڴڻڼ‬Ζ‫ڴڴڴ‬￦
￦
Requirement No. 3 (A)
ￛ²©¥¶²©¨￦ ·¥°©·￦ »¥¶¶¥²¸½￦ ª¶³±￦ ‫ڻڵڴڶ‬￦ σϮ‫ܫڴڷ‬￦ ‫ܩ‬￦ ‫ܫڶڵ‬￦ ¼￦ ‫ڵ‬Ζ‫ڴڴڴ‬￦ ¼￦ ‫ڴڷں‬Ζ‫ڴڴڴ‬￦
ￖ‫ڵ‬Ζ‫ڴڴڹ‬ϯσ￦
ￛ²©¥¶²©¨￦ ·¥°©·￦ »¥¶¶¥²¸½￦ ª¶³±￦ ‫ڼڵڴڶ‬￦ σϮ‫ܫڴڴڵ‬Ο‫ܫڴڶ‬ϯ￦ ¼￦ ‫ڵ‬Ζ‫ڴڴڶ‬￦ ¼￦ ‫ڵ‬Ζ‫ڴڸڸ‬Ζ‫ڴڴڴ‬￦
ￖ‫ڵ‬Ζ‫ڴڴڹ‬ϯσ￦
ￚ³¸¥°￦¹²©¥¶²©¨￦·¥°©·￦»¥¶¶¥²¸½￦ ‫ڶ‬Ζ‫ڴڻڴ‬Ζ‫ڴڴڴ‬￦
￦

245
Chapter 26: Introduction to Liabilities

Notes:
ￚ¬©￦‫ܫڴڷ‬￦¥²¨￦‫ܫڶڵ‬￦¶©´¶©·©²¸￦¸¬©￦¹²¶©¥°­¾©¨￦¶©º©²¹©·￦­²￦‫ڼڵڴڶ‬￦ª¶³±￦‫ڻڵڴڶ‬￦
￙¥°©·Κ￦
ￚ¬©￦‫ܫڴڶ‬￦¶©´¶©·©²¸·￦¸¬©￦¶©¥°­¾©¨￦¶©º©²¹©￦­²￦‫ڼڵڴڶ‬￦ª¶³±￦‫ڼڵڴڶ‬￦￙¥°©·Κ￦￙³￦
‫ܫڴڴڵ‬￦±­²¹·￦‫ܫڴڶ‬￦¶©¥°­¾©¨￦­·￦©µ¹¥°￦¸³￦‫ܫڴڼ‬￦¹²¶©¥°­¾©¨￦¶©º©²¹©￦­²￦‫ڼڵڴڶ‬￦ª¶³±￦
‫ڼڵڴڶ‬￦￙¥°©·Κ￦

SUMMARY OF ANSWERS:
1. A 2. B 3. A


PROBLEM 26-25 Refinancing
‫ڵ‬Κ P2,000,000 (Letter B). ￚ¬©￦©²¸­¶©￦¥±³¹²¸￦­·￦´¥½¥¦°©￦»­¸¬­²￦³²©￦½©¥¶￦ª¶³±￦
¸¬©￦¶©´³¶¸­²«￦¨¥¸©￦¸¬¹·￦´¶©·©²¸©¨￦¥·￦§¹¶¶©²¸￦°­¥¦­°­¸½Κ
‫ڶ‬Κ Nil (Letter A). ￙­²§©￦ ¦³¸¬￦ ´¥¶¸­©·￦ ¥¶©￦ ª­²¥²§­¥°°½￦ §¥´¥¦°©￦ ³ª￦ ¬³²³¶­²«￦ ¸¬©￦
debtor￦¬¥·￦¸¬©￦¨­·§¶©¸­³²￦¸³￦¶©ª­²¥²§©￦³¶￦¶³°°￦
³º©¶￦¸¬©￦°³¥²￦ª³¶￦¥¸￦°©¥·¸￦¸»©°º©￦±³²¸¬·￦ª¶³±￦ￊ©§©±¦©¶￦‫ڵڷ‬Ζ￦‫ڼڵڴڶ‬￦¸¬©￦©²¸­¶©￦
¥±³¹²¸￦­·￦¸¶©¥¸©¨￦¥·￦ￔ³²§¹¶¶©²¸￦°­¥¦­°­¸½Κ
‫ڷ‬Κ Nil (Letter A). ￙­²§©￦¸¬©￦§³±´¥²½￦©²¸©¶©¨￦­²¸³￦¥￦¶©ª­²¥²§­²«￦¥«¶©©±©²¸￦»­¸¬￦
¥￦¦¥²¯￦¸³￦¶©ª­²¥²§©￦¸¬©￦°³¥²￦³²￦¥￦°³²«Ο¸©¶±￦¦¥·­·￦before￦¸¬©￦¶©´³¶¸­²«￦¨¥¸©Ζ￦
¸¬©￦©²¸­¶©￦¥±³¹²¸￦³ª￦°­¥¦­°­¸½￦­·￦¸¶©¥¸©¨￦¥·￦²³²§¹¶¶©²¸Κ
‫ڸ‬Κ P2,000,000 (Letter B). ￙­²§© ¸¬©￦ §³±´¥²½￦ ©²¸©¶©¨￦ ­²¸³￦ ¥￦ ¶©ª­²¥²§­²«￦
¥«¶©©±©²¸￦»­¸¬￦¥￦¦¥²¯￦¸³￦¶©ª­²¥²§©￦¸¬©￦°³¥²￦³²￦¥￦°³²«Ο¸©¶±￦¦¥·­·￦after￦¸¬©￦
¶©´³¶¸­²«￦¨¥¸©Ζ￦¸¬©￦©²¸­¶©￦¥±³¹²¸￦³ª￦°­¥¦­°­¸½￦­·￦¸¶©¥¸©¨￦¥·￦§¹¶¶©²¸Κ


PROBLEM 26-26 Obligations Payable on Demand, Breach of Loan
Agreement
1. P2,000,000 (Letter C). ￕ²°½￦­ª￦¥²￦©²ª³¶§©¥¦°©￦´¶³±­·©￦­·￦¶©§©­º©¨￦¦½￦¸¬©￦©²¨￦
³ª￦¸¬©￦¶©´³¶¸­²«￦´©¶­³¨￦ª¶³±￦¸¬©￦§¶©¨­¸³¶￦²³¸￦¸³￦¨©±¥²¨￦´¥½±©²¸￦ª³¶￦¥¸￦°©¥·¸￦
‫ڶڵ‬￦ ±³²¸¬·￦ ª¶³±￦ ¸¬©￦ ©²¨￦ ³ª￦ ¸¬©￦ ¶©´³¶¸­²«￦ ´©¶­³¨￦ ¸¬¥¸￦ ¸¬©￦ ²³¸©￦ ±¥½￦ ¦©￦
§°¥··­ª­©¨￦¥·￦noncurrentΚ
2. Nil (Letter A). ￚ¬©￦©²¸­¶©￦¥±³¹²¸￦³ª￦°³¥²￦­·￦²³²§¹¶¶©²¸￦°­¥¦­°­¸½￦·­²§©￦¸¬©¶©￦
»¥·￦¥²￦¥«¶©©±©²¸￦on the reporting date￦²³¸￦¸³￦¨©±¥²¨￦´¥½±©²¸￦­²￦³¶¨©¶￦
ª³¶￦¸¬©￦¨©¦¸³¶￦¸³￦¶©§¸­ª½￦¸¬©￦¦¶©¥§¬￦»­¸¬￦‫ڶڵ‬￦±³²¸¬·￦ª¶³±￦¸¬©￦¶©´³¶¸­²«￦¨¥¸©Κ￦
3. P2,000,000 (Letter B). ￚ¬©￦©²¸­¶©￦¥±³¹²¸￦³ª￦°³¥²￦­·￦§¹¶¶©²¸￦°­¥¦­°­¸½￦·­²§©￦
¸¬©￦¥«¶©©±©²¸￦²³¸￦¸³￦¨©±¥²¨￦´¥½±©²¸￦¬¥´´©²©¨￦after￦¸¬©￦¶©´³¶¸­²«￦´©¶­³¨Κ


PROBLEM 26-27 Contingencies
‫ڵ‬Κ A
‫ڶ‬Κ D
‫ڷ‬Κ B
‫ڸ‬Κ B

246
Chapter 26: Introduction to Liabilities

‫ڹ‬Κ A￦Ϯￇ±³¹²¸￦³ª￦¥§§¶¹¥°￦­·￦ￖ‫ڶ‬Ζ‫ڴڸڴ‬Ζ‫ڴڴڴ‬￦¹·­²«￦©¼´©§¸©¨￦º¥°¹©￦±©¸¬³¨￦»¬­§¬￦­·￦
§¥°§¹°¥¸©¨￦¥·￦Ϯￖ‫ڵ‬Κ‫ں‬ￓ￦¼￦‫ڴڶ‬￦‫ܩ‬￦Ϯ‫ڶ‬ￓ￦¼￦‫ܫڴڹ‬ϯ￦‫ܩ‬￦Ϯ‫ڶ‬Κ‫ڸ‬ￓ￦¼￦‫ܫڴڷ‬ϯ￦
‫ں‬Κ A￦ Ϯￇ±³¹²¸￦ ³ª￦ ¥§§¶¹¥°￦ ­·￦ ￖ‫ڶ‬Ζ‫ڴڹڶ‬Ζ‫ڴڴڴ‬￦ ¹·­²«￦ ±­¨´³­²¸￦ ³ª￦ ¸¬©￦ ¶¥²«©￦ »¬­§¬￦ ­·￦
§¥°§¹°¥¸©¨￦¥·￦Ϯￖ‫ڵ‬Κ‫ڹ‬ￓ‫ڷܩ‬ￓϯϑ‫ڶ‬ϯ


PROBLEM 26-28 Contingencies
‫ڵ‬Κ A
‫ڶ‬Κ B Ϯￊ­·§°³·©￦¥²￦¥±³¹²¸￦³ª￦ￖ‫ڵ‬Ζ‫ڴڴڹ‬Ζ‫ڴڴڴ‬ϯ￦
‫ڷ‬Κ B￦Ϯￊ­·§°³·©￦¥²￦¥±³¹²¸￦³ª￦ￖ‫ڵ‬Ζ‫ڴڴڹ‬Ζ‫ڴڴڴ‬ϯ￦
‫ڸ‬Κ B￦Ϯￊ­·§°³·©￦¥²￦¥±³¹²¸￦³ª￦ￖ‫ڵ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬ϯ￦
‫ڹ‬Κ D
‫ں‬Κ A Ϯￏ¸￦­·￦º­¶¸¹¥°°½￦§©¶¸¥­²￦¸¬¥¸￦¸¬©￦§³±´¥²½￦»­°°￦¦©￦¶©§©­º­²«￦¸¬©￦ￖ‫ڵ‬Ζ‫ڴڴڴڹ‬Ζ‫ڴڴڴ‬Κϯ


PROBLEM 26-29 Bonus Computation
￦

‫ڵ‬Κ ￔ©¸￦­²§³±©￦¦©ª³¶©￦¦³²¹·￦¦¹¸￦¦©ª³¶©￦¸¥¼
￈￦ = ￔ￟￦ x ￈￘￦
￦ = ‫ڷ‬Ζ‫ڴڽڴ‬Ζ‫ڴڴڴ‬￦ x ‫ܫڴڶ‬￦
￦ = 618,000 ￦
￦

‫ڶ‬Κ ￔ©¸￦­²§³±©￦¥ª¸©¶￦¦³²¹·￦¦¹¸￦¦©ª³¶©￦¸¥¼
ￔ￟￦
￈￦ = ￈￘￦ x
‫ܫڴڴڵ‬￦‫ܩ‬￦￈￘￦
￦ ‫ܥ‬ ‫ܫڴڶ‬￦ ¼￦ ‫ڷ‬Ζ‫ڴڽڴ‬Ζ‫ڴڴڴ‬￦
￦ ￦ ￦ ￦ ‫ܫڴڴڵ‬￦‫ܩ‬￦‫ܫڴڶ‬￦
￦ ‫ܥ‬￦ 515,000 ￦ ￦
￦

‫ڷ‬Κ ￔ©¸￦­²§³±©￦¥ª¸©¶￦¦³²¹·￦¥²¨￦¸¥¼￦
￈￦ = ￈￘￦ X Ϯￔ￟￦ ￦￈￦ ￦ￚϯ￦
￈￦ = ‫ܫڴڶ‬￦ x Ϯ‫ڷ‬Ζ‫ڴڽڴ‬Ζ‫ڴڴڴ‬Ο￈ΟϮ‫ڻڶڽ‬Ζ‫ڴڴڴ‬Ο‫ڷ‬Κ￈ϯ￦
￈￦ = ‫ܫڴڶ‬￦ x Ϯ‫ڷ‬Ζ‫ڴڽڴ‬Ζ‫ڴڴڴ‬Ο￈Ο‫ڻڶڽ‬Ζ‫ܩڴڴڴ‬Κ‫ڷ‬￈ϯ￦
￈￦ = ‫ڼڵں‬Ζ‫ڴڴڴ‬ΟΚ‫ڶ‬￈Ο‫ڹڼڵ‬Ζ‫ܩڴڴڸ‬Κ‫ںڴ‬￈￦
‫ڵ‬￈‫ܩ‬Κ‫ڶ‬￈ΟΚ‫ںڴ‬￈￦ = ‫ڼڵں‬Ζ‫ڴڴڴ‬Ο‫ڹڼڵ‬Ζ‫ڴڴڸ‬￦
‫ڵ‬Κ‫ڸڵ‬￈￦ = ‫ڶڷڸ‬Ζ‫ڴڴں‬￦ ￦ ￦
‫ڵ‬Κ‫ڸڵ‬￦ ‫ڵ‬Κ‫ڸڵ‬￦ ￦ ￦
￈￦ = 379,474 ￦ ￦
￦
ￚ￦ = ‫ܫڴڷ‬￦ X Ϯ‫ڷ‬Ζ‫ڴڽڴ‬Ζ‫ڴڴڴ‬￦ ￦￈ϯ￦
￦ = ‫ڻڶڽ‬Ζ‫ڴڴڴ‬ΟΚ‫ڷ‬￈
OR
￈￘￦x￦σￔ￟￦x￦Ϯ‫ڵ‬Οￚ￘ϯσ￦
￈￦ =
‫ڵ‬￦‫ܩ‬￦σ￈￘￦x￦Ϯ‫ڵ‬Οￚ￘ϯσ￦
￦ ‫ܥ‬￦ ‫ܫڴڶ‬￦¼￦Ϯ‫ڷ‬Ζ‫ڴڽڴ‬Ζ‫ڴڴڴ‬￦¼￦Ϯ‫ڵ‬Ο‫ܫڴڷ‬ϯ￦
247
Chapter 26: Introduction to Liabilities

￦ ￦ ‫ܩڵ‬σ‫ܫڴڶ‬￦¼￦Ϯ‫ڵ‬Ο‫ܫڴڷ‬ϯσ￦
￦ ‫ܥ‬￦ ‫ܫڴڶ‬￦¼￦Ϯ‫ڷ‬Ζ‫ڴڽڴ‬Ζ‫ڴڴڴ‬￦¼￦‫ܫڴڻ‬ϯ￦
￦ ￦ ‫ܩڵ‬Ϯ‫ܫڴڶ‬￦¼￦‫ܫڴڻ‬ϯ￦
￦ ‫ܥ‬￦ ‫ܫڴڶ‬￦¼￦Ϯ‫ڶ‬Ζ‫ڷںڵ‬Ζ‫ڴڴڴ‬ϯ￦
￦ ‫ڵ‬Κ‫ڸڵ‬￦
￦ ‫ܥ‬ 379,474
￦
Where:
ￔ￟￦ ‫ܥ‬￦ￔ©¸￦­²§³±©￦¦©ª³¶©￦¦³²¹·￦¥²¨￦¸¥¼￦
￈￦￦ ‫ܥ‬￦￈³²¹·￦
￈￘￦￦ ‫ܥ‬￦￈³²¹·￦￘¥¸©￦
ￚ￦ ‫ܥ‬￦ￚ¥¼￦
ￚ￘￦ ‫ܥ‬￦ￚ¥¼￦￘¥¸©￦

SUMMARY OF ANSWERS:
1. D 2. B 3. C


PROBLEM 26-30
Question Nos. 1 and 2
Estimated liability from Warranties
ￊ­·¦¹¶·©±©²¸￦ ª³¶￦ ‫ڸڸ‬Ζ‫ڴڴڼ‬￦ ￈©«­²²­²«￦¦¥°¥²§©￦
»¥¶¶¥²¸­©·￦ ‫ڸںڵ‬Ζ‫ڴڴڴ‬￦
￈¥°¥²§©￦©²¨￦ ‫ڶڵڶ‬Ζ‫ڴڴڴ‬￦ ‫ڴڸڶ‬Ζ‫ڴڴڴ‬￦ ￝¥¶¶¥²¸½￦©¼´©²·©Κ￦
ￚ³¸¥°￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦ ￦￦￦￦￦￦￦￦￦‫ںڻڷ‬Ζ‫ڴڴڴ‬￦

￝¥¶¶¥²¸½￦©¼´©²·©￦ ‫ڴڸڶ‬Ζ‫ ڴڴڴ‬
ￊ­º­¨©￦¦½￦‫ܫ‬￦¥«©￦³ª￦»¥¶¶¥²¸½￦ ‫ܫڸ‬￦
￙¥°©·￦ª¶³±￦±¹·­§¥°￦­²·¸¶¹±©²¸·￦¥²¨￦·³¹²¨￦
¶©´¶³¨¹§¸­³²￦©µ¹­´±©²¸￦ϮQuestion No. 1ϯ￦ 6,000,000

Question No. 3
Premium
expense
‫ܥ‬ ￖ‫ڶ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦ ￞ ‫ڵ‬￦§³¹´³²￦ ¼￦ ‫ܫڴڽ‬ ￖ‫ڸڷ‬Οￖ‫ڴڶ‬
￦ ￦ ￖ‫ڶ‬￦
‫ڴڴڶ‬￦§³¹´³²·
= P63,000 ￦ ￦ ￦ ￦ ￦

248
Chapter 26: Introduction to Liabilities

Question No. 4
Inventory of Premium
￈©«Κ￦￈¥°¥²§©￦ ‫ڽڷ‬Ζ‫ڴڹڽ‬￦ 56,950 ￈¥°¥²§©￦©²¨￦
ￔ©¸￦ ￖ¹¶§¬¥·©·￦ Ϯ‫ں‬Ζ‫ڴڴڹ‬￦ ¼￦ ‫ڵڶڶ‬Ζ‫ڴڴڴ‬￦ ￉³·¸￦³ª￦­··¹©¨￦´¶©±­¹±
ￖ‫ڸڷ‬ϯ￦
￦ ￦ ‫ڸڴڶ‬Ζ‫ڴڴڴ‬￦ Ϯ‫ڵ‬Κ‫ڶ‬ￓ￦ §³¹´³²·Κ‫ڴڴڶ‬￦
§³¹´³²·￦¼￦ￖ‫ڸڷ‬￦
ￚ³¸¥°￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦‫ڴںڶ‬Ζ‫ڴڹڽ‬￦
￦

Question No. 5
Estimated liability for Premiums
ￊ­·¦¹¶·©±©²¸￦ ª³¶￦ ‫ڸڸ‬Ζ‫ڴڴڼ‬￦ ￈©«­²²­²«￦¦¥°¥²§©￦
´¶©±­¹±·￦ Ϯ‫ڵ‬Κ‫ڶ‬ￓ￦
§³¹´³²·ϑ‫ڴڴڶ‬￦ §³¹´³²·￦ ¼￦
ￖϮ‫ڸڷ‬Οￖ‫ڴڶ‬ϯ￦ ‫ڸڼ‬Ζ‫ڴڴڴ‬
￈¥°¥²§©￦©²¨ 23,800 ‫ڷں‬Ζ‫ڴڴڴ‬￦ ￖ¶©±­¹±￦©¼´©²·©Κ￦
ￚ³¸¥°￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦‫ڻڴڵ‬Ζ‫ڴڴڼ‬￦
￦

SUMMARY OF ANSWERS:
1. A 2. A 3. C 4. D 5. D
￦
￦

PROBLEM 26-31 Warranty, Premiums and Bonus

￦

Question No. 1
￝¥¶¶¥²¸½￦©¼´©²·©￦Ϯￖ‫ڴڹڵ‬￦¼￦‫ڵ‬Ζ‫ڴڴڶ‬ϯ￦ ‫ڴڼڵ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦￝¥¶¶¥²¸½￦´¥­¨￦ ‫ڹڼ‬Ζ‫ڴڴڴ‬￦
ￋ·¸­±¥¸©¨￦ￖ¶©±­¹±·￦´¥½¥¦°© (A) ‫ڹڽ‬Ζ‫ڴڴڴ‬￦
￦

Question No. 2
ￖ¶©±­¹±￦©¼´©²·©￦
Ϯￖ‫ڵ‬Ζ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦¼￦‫ڵ‬￦§³¹´³²ϑￖ‫ڵ‬ϯϑ‫ڴڴڸ‬￦¼￦‫ܫڴں‬￦¼￦Ϯￖ‫ڹڸ‬Οￖ‫ڴڶ‬ϯ￦ ‫ڹڸ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦ￔ©¸￦§³·¸￦³ª￦¶©¨©©±©¨￦§³¹´³²·￦ ￦
Ϯ‫ڴڴڹ‬Ζ‫ڴڴڴ‬ϑ‫ڴڴڸ‬ϯ¼Ϯ￦ￖ‫ڹڸ‬Οￖ‫ڴڶ‬ϯ￦ ‫ڵڷ‬Ζ‫ڴڹڶ‬￦
ￋ·¸­±¥¸©¨￦ￖ¶©±­¹±·￦´¥½¥¦°© (C)￦ ‫ڷڵ‬Ζ‫ڴڹڻ‬￦
￦

Question No. 3
ￛ²¥¨®¹·¸©¨￦²©¸￦­²§³±©￦ ‫ڵ‬Ζ‫ڹڷڽ‬Ζ‫ ڴڴڴ‬
￝¥¶¶¥²¸½￦©¼´©²·©￦¹²¨©¶Ζ￦ￔ©¸￦­²§³±©￦³º©¶￦Ϯￖ‫ڴڼڵ‬Ζ‫ڴڴڴ‬Οￖ‫ڹڼ‬Ζ‫ڴڴڴ‬ϯ￦ Ϯ‫ڹڽ‬Ζ‫ڴڴڴ‬ϯ￦
ￖ¶©±­¹±￦©¼´©²·©￦³º©¶Ζ￦ￔ©¸￦­²§³±©￦¹²¨©¶ Ϯￖ‫ڴڻڶ‬Ζ‫ڴڴڴ‬Οￖ‫ڹڸ‬Ζ‫ڴڴڴ‬ϯ￦ ‫ڹڶڶ‬Ζ‫ڴڴڴ‬￦
ￇ¨®¹·¸©¨￦ￔ©¸￦­²§³±© (C)￦ ‫ڶ‬Ζ‫ڹںڴ‬Ζ‫ڴڴڴ‬￦
￦

Question No. 4
ￔ©¸￦­²§³±©￦¥ª¸©¶￦¦³²¹·￦¦¹¸￦¦©ª³¶©￦¸¥¼
ￔ￟￦
￈￦ = ￈￘￦ x
‫ܫڴڴڵ‬￦‫ܩ‬￦￈￘￦

249
Chapter 26: Introduction to Liabilities

￦ ‫ܥ‬￦ ‫ܫڴڶ‬￦ ¼￦ ‫ڶ‬Ζ‫ڹںڴ‬Ζ‫ڴڴڴ‬￦

￦ ￦ ￦ ￦ ‫ܫڴڴڵ‬￦‫ܩ‬￦‫ܫڴڶ‬￦
￦ ‫ ܥ‬344,167 (B)￦
￦
Question No. 5
ￔ©¸￦­²§³±©￦¥ª¸©¶￦¦³²¹·￦¥²¨￦¸¥¼￦
￈￦ = ￈￘￦ x Ϯￔ￟￦ ￦￈￦ ￦ￚϯ￦
￦

ￚ￦ = ￚ￘￦ x Ϯￔ￟￦ ￦￈ϯ￦

OR
￈￘￦x￦σￔ￟￦x￦Ϯ‫ڵ‬Οￚ￘ϯσ￦
￈￦ =
‫ڵ‬￦‫ܩ‬￦σ￈￘￦x￦Ϯ‫ڵ‬Οￚ￘ϯσ￦
￦

ￔ©¸￦­²§³±©￦¥ª¸©¶￦¦³²¹·￦¥²¨￦¸¥¼￦
￈￦ = ￈￘￦ X Ϯￔ￟￦ ￦￈￦ ￦ￚϯ￦
￈￦ = ‫ܫڴڶ‬￦ x Ϯ‫ڶ‬Ζ‫ڹںڴ‬Ζ‫ڴڴڴ‬Ο￈ΟϮ‫ڽڵںڽ‬Ζ‫ڴڴڹ‬Ο‫ڷ‬Κ￈ϯ￦
￈￦ = ‫ܫڴڶ‬￦ x Ϯ‫ڶ‬Ζ‫ڹںڴ‬Ζ‫ڴڴڴ‬Ο￈Ο‫ڽڵں‬Ζ‫ܩڴڴڹ‬Κ‫ڷ‬￈ϯ￦
￈￦ = ‫ڷڵڸ‬Ζ‫ڴڴڴ‬ΟΚ‫ڶ‬￈Ο‫ڷڶڵ‬Ζ‫ܩڴڴڽ‬Κ‫ںڴ‬￈￦
‫ڵ‬￈‫ܩ‬Κ‫ڶ‬￈ΟΚ‫ںڴ‬￈￦ = ‫ڷڵڸ‬Ζ‫ڴڴڴ‬Ο‫ڷڶڵ‬Ζ‫ڴڴڽ‬￦
‫ڵ‬Κ‫ڸڵ‬￈￦ = ‫ڽڼڶ‬Ζ‫ڴڴڵ‬￦ ￦ ￦
‫ڵ‬Κ‫ڸڵ‬￦ ‫ڵ‬Κ‫ڸڵ‬￦ ￦ ￦
￈￦ = 253,596 (C)￦ ￦
￦

ￚ￦ = ‫ܫڴڷ‬￦ X Ϯ‫ڶ‬Ζ‫ڹںڴ‬Ζ‫ڴڴڴ‬￦ ￦￈ϯ￦

￦ = ‫ڽڵں‬Ζ‫ڴڴڹ‬ΟΚ‫ڷ‬￈
OR
￈￘￦x￦σￔ￟￦x￦Ϯ‫ڵ‬Οￚ￘ϯσ￦
￈￦ =
‫ڵ‬￦‫ܩ‬￦σ￈￘￦x￦Ϯ‫ڵ‬Οￚ￘ϯσ￦
￦ ‫ܥ‬￦ ‫ܫڴڶ‬￦¼￦Ϯ‫ڶ‬Ζ‫ڹںڴ‬Ζ‫ڴڴڴ‬￦¼￦Ϯ‫ڵ‬Ο‫ܫڴڷ‬ϯ￦
￦ ￦ ‫ܩڵ‬σ‫ܫڴڶ‬￦¼￦Ϯ‫ڵ‬Ο‫ܫڴڷ‬ϯσ￦
￦ ‫ܥ‬￦ ‫ܫڴڶ‬￦¼￦Ϯ‫ڶ‬Ζ‫ڹںڴ‬Ζ‫ڴڴڴ‬￦¼￦‫ܫڴڻ‬ϯ￦
￦ ￦ ‫ܩڵ‬Ϯ‫ܫڴڶ‬￦¼￦‫ܫڴڻ‬ϯ￦
￦ ‫ܥ‬￦ ‫ܫڴڶ‬￦¼￦Ϯ‫ڵ‬Ζ‫ڹڸڸ‬Ζ‫ڴڴڹ‬ϯ￦
￦ ‫ڵ‬Κ‫ڸڵ‬￦
￦ ‫ܥ‬￦ 253,596
￦

Where:
ￔ￟￦ ‫ܥ‬￦ￔ©¸￦­²§³±©￦¦©ª³¶©￦¦³²¹·￦¥²¨￦¸¥¼￦
￈￦￦ ‫ܥ‬￦￈³²¹·￦
￈￘￦￦ ‫ܥ‬￦￈³²¹·￦￘¥¸©￦
ￚ￦ ‫ܥ‬￦ￚ¥¼￦
ￚ￘￦ ‫ܥ‬￦ￚ¥¼￦￘¥¸©￦
￦

SUMMARY OF ANSWERS:
1. A 2. C 3. C 4. B 5. C

250
‫‪Chapter 26: Introduction to Liabilities‬‬

‫ ‪PROBLEM 26-32 Comprehensive‬‬

‫ ‪Question No. 1‬‬
‫‪￙￙￙￦ￖ¥½¥¦°©￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڵ‬
‫‪ￖ¬­°¬©¥°¸¬￦´¥½¥¦°©￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڽ‬
‫‪ￋ·¸­±¥¸©¨￦°­¥¦­°­¸­©·￦¹²¨©¶￦«¹¥¶¥²¸©©￦¥«¶©©±©²¸￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڵڵ‬
‫¨‪ￋ·¸­±¥¸©¨￦»¥¶¶¥²¸­©·￦³²￦«³³¨·￦·³°‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڶڵ‬
‫‪ￛ¸­°­¸­©·￦´¥½¥¦°©￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ں‬
‫‪ϯ￦‬ڴڴڴ‪Ζ‬ڼ‪Ο‬ڴڴڴ‪Ζ‬ڶڵܩڴڴڴ‪Ζ‬ڴڶܩڴڴڴ‪Ζ‬ڴڷܩڴڴڴ‪Ζ‬ڴڻڵ‪ￚ¶¥¨©￦´¥½¥¦°©·￦Ϯ‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڸڶڶ‬
‫‪ￔ³¸©·￦´¥½¥¦°©￦¥¶­·­²«￦ª¶³±￦´¹¶§¬¥·©￦³ª￦«³³¨·￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڴڶ‬
‫ڽڵڴڶ‪Ζ￦‬ڵ‪￉³²º©¶¸­¦°©￦¦³²¨·￦´¥½¥¦°©￦¨¹©￦￐¹°½￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڴڴ‪Ζ‬ڵ‬
‫‪ϯ￦‬ڶ‪￦¼￦‬ڴڴڴ‪Ζ‬ڴڸ‪￙©¶­¥°￦¦³²¨·￦´¥½¥¦°©￦Ϯ‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڼ‬
‫‪ￇ§§¶¹©¨￦­²¸©¶©·¸￦©¼´©²·©￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڸ‬
‫·¶©‪ￇ¨º¥²§©·￦ª¶³±￦§¹·¸³±‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڹڶ‬
‫‪ￛ²©¥¶²©¨￦¶©²¸￦­²§³±©￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ںڷ‬
‫‪ￛ²©¥¶²©¨￦­²¸©¶©·¸￦³²￦¶©§©­º¥¦°©·￦‬‬ ‫‪￦‬ڴڴڹ‪Ζ‬ڷ‬
‫·©‪ￏ²§³±©￦¸¥¼©·￦´¥½¥¦°‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڹڸ‬
‫‪￉¥·¬￦¨­º­¨©²¨·￦´¥½¥¦°©￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڴڵ‬
‫©‪ￖ¶³´©¶¸½￦¨­º­¨©²¨·￦´¥½¥¦°‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڶڵ‬
‫‪￉¶©¨­¸￦¦¥°¥²§©￦³ª￦²³¸©·￦´¥½¥¦°©￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڸ‬
‫‪ￕº©¶¨¶¥ª¸￦»­¸¬￦ￖￔ￈￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڼ‬
‫‪·￦¨©´³·­¸￦‬ك¶©‪￉³²¸¥­²‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڹڸ‬
‫‪￦‬ܫڶڵ‪ￒ³¥²·￦´¥½¥¦°©Ο‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڻڶ‬
‫‪ￌ­²¥²§­¥°￦°­¥¦­°­¸½￦¨©·­«²¥¸©¨￦¥· ￌￜￚￖￒ‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڴڶ‬
‫ ·©­¸­‪￉¹¶¶©²¸￦°­¥¦­°‬‬ ‫)‪(B‬‬ ‫‪￦‬ڴڴڹ‪Ζ‬ڻڶڻ‪Ζ‬ڶ‬
‫‪￦‬‬
‫ ‪Question No. 2‬‬
‫½¸­‪ￊ©ª©¶¶©¨￦¸¥¼￦°­¥¦­°‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڸ‬
‫‪ￔ³¸©·￦´¥½¥¦°©￦‬‬ ‫‪￦‬‬
‫‪Ο½©¥¶￦¦¥²¯￦°³¥²￦￦‬ڸ‪￦￦ￇ¶­·­²«￦ª¶³±￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڴڸ‬
‫‪￦½©¥¶·￦‬ڷ‪ￇ¶­·­²«￦ª¶³±￦¥¨º¥²§©·￦¦½￦³ªª­§©¶·Ζ￦¨¹²©￦­²￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڴڷ‬
‫‪ϯ￦‬ڶ‪￦¼￦‬ڴڴڴ‪Ζ‬ڴڸ‪￦±­²¹·￦Ϯ‬ڴڴڴ‪Ζ‬ڴڴڼ‪￙©¶­¥°￦¦³²¨·￦´¥½¥¦°©￦Ϯ‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڶڻ‬
‫‪￙©§¹¶­¸½￦¨©´³·­¸￦¶©§©­º©¨￦ª¶³±￦°©··©©￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڽڼ‬
‫ܫڴڵ‪ￒ³¥²·￦´¥½¥¦°©Ο‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڹڵ‬
‫ ·©­¸­‪ￚ³¸¥°￦²³²§¹¶¶©²¸￦°­¥¦­°‬‬ ‫‪(A)￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڽڽں‪Ζ‬ڵ‬
‫‪￦‬‬
‫ ‪Question No. 3‬‬
‫‪ￚ³¸¥°￦°­¥¦­°­¸­©·￦‬‬ ‫‪￦‬‬
‫‪￉¹¶¶©²¸￦°­¥¦­°­¸­©·￦‬‬ ‫‪￦‬ڴڴڹ‪Ζ‬ڻڶڻ‪Ζ‬ڶ‬
‫‪ￚ³¸¥°￦²³²§¹¶¶©²¸￦°­¥¦­°­¸­©·￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڽڽں‪Ζ‬ڵ‬
‫‪ￚ³¸¥°￦°­¥¦­°­¸­©·￦‬‬ ‫‪(B)￦‬‬ ‫‪￦‬ڴڴڹ‪Ζ‬ںڶڸ‪Ζ‬ڸ‬
‫‪￦‬‬
‫ ‪SUMMARY OF ANSWERS:‬‬
‫ ‪1. B 2. A 3. B‬‬
‫‪￦‬‬

‫‪251‬‬
Chapter 27: Financial Liabilities and Debt Restructuring

CHAPTER 27 FINANCIAL LIABILITIES AND DEBT

RESTRUCTURING
￦
BONDS PAYABLE
PROBLEM 27-1 Financial Liabilities at FVTPL (Interest Expense and
Unrealized gains or losses)
￦

Question No. 1
ￌ¥§©￦º¥°¹©￦ ‫ڷ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
ￓ¹°¸­´°½￦¦½Ό￦²³±­²¥°￦¶¥¸©￦ ‫ܫڼ‬￦
ￓ¹°¸­´°½￦¦½Ό￦±³²¸¬·￦³¹¸·¸¥²¨­²«ϑ‫ڶڵ‬￦ ‫ڶڵ‬ϑ‫ڶڵ‬￦
ￏ²¸©¶©·¸￦©¼´©²·©￦￦ ￦ ￦ (A)￦ ￖ‫ڴڸڶ‬Ζ‫ڴڴڴ‬￦
￦

Question No. 2
ￌ¥­¶￦º¥°¹©￦³ª￦¸¬©￦¦³²¨·￦ ‫ڷ‬Ζ‫ڴڽڴ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦￉¥¶¶½­²«￦º¥°¹©￦ ‫ڶ‬Ζ‫ڴڹڼ‬Ζ‫ںڹڻ‬￦
ￛ²¶©¥°­¾©¨￦°³··￦Ϯ³¶￦«¥­²ϯΟￖ̲ￒ￦￦ ￦ (B)￦ ‫ڽڷڶ‬Ζ‫ڸڸڶ‬￦
￦
Question No. 3
￘©¸­¶©±©²¸￦ￖ¶­§©￦Ϯ‫ڷ‬ￓ￦¼￦‫ڸڴڵ‬ϯ￦ ‫ڷ‬Ζ‫ڴڶڵ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦￉¥¶¶½­²«￦º¥°¹©￦Ϯ‫ڷ‬ￓ￦¼￦‫ڷڴڵ‬ϯ￦ ‫ڷ‬Ζ‫ڴڽڴ‬Ζ‫ڴڴڴ‬￦
￘©¥°­¾©¨￦°³··￦³²￦¨©¶©§³«²­¸­³²Οￖ̲ￒ￦ (D)￦ ‫ڴڷ‬Ζ‫ڴڴڴ‬￦
￦
SUMMARY OF ANSWERS:
1. A 2. B 3. D
￦
￦
PROBLEM 27-2 Unrealized Gain or Loss of FVTPL with Change Due To
Credit Risk
￦

Question No. 1
ￓ¥¶¯©¸￦´¶­§©￦³ª￦¸¬©￦°­¥¦­°­¸½Ζ￦©²¨￦³ª￦¸¬©￦´©¶­³¨ ‫ڸ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬
ￒ©··Ό￦ￌ¥­¶￦º¥°¹©￦³ª￦°­¥¦­°­¸½￦¹·­²«￦¸¬©￦·¹±￦³¦·©¶º©¨￦­²¸©¶©·¸￦¶¥¸©￦
¥²¨￦­²·¸¶¹±©²¸￦·´©§­ª­§￦ￏ￘￘￦ ‫ڸ‬Ζ‫ڹڹڵ‬Ζ‫ڴڼڸ‬￦
ￛ²¶©¥°­¾©¨￦«¥­²￦Ο￦ￕ￉ￏ￦ ￦ ￦ (C)￦ 155,480
￦

ￏ²¸©¶²¥°￦ ¶¥¸©￦ ³ª￦ ¶©¸¹¶²￦ ¥¸￦ ¸¬©￦ ·¸¥¶¸￦ ³ª￦ ¸¬©￦ ´©¶­³¨￦ Ο￦ ½­©°¨￦ ³¶￦
©ªª©§¸­º©￦¶¥¸©￦ ‫ܫڴڵ‬￦
ￒ©··Ό￦ￕ¦·©¶º©¨￦Ϯ¦©²§¬±¥¶¯ϯ￦­²¸©¶©·¸￦¶¥¸©Ζ￦¨¥¸©￦³ª￦­²§©´¸­³²￦ ‫ܫڽ‬￦
ￏ²·¸¶¹±©²¸￦·´©§­ª­§￦ￏ￘￘￦ ‫ܫڵ‬￦
￦

ￕ¦·©¶º©¨￦Ϯ¦©²§¬±¥¶¯ϯ￦­²¸©¶©·¸￦¶¥¸©Ζ￦©²¨￦³ª￦´©¶­³¨￦ ‫ܫڼ‬￦
ￇ¨¨Ό￦ￏ²·¸¶¹±©²¸￦·´©§­ª­§Οￏ￘￘￦ ‫ܫڵ‬￦
ￊ­·§³¹²¸￦¶¥¸© ‫ܫڽ‬
￦

252
Chapter 27: Financial Liabilities and Debt Restructuring

Question No. 2
ￓ¥¶¯©¸￦´¶­§©￦³ª￦¸¬©￦°­¥¦­°­¸½Ζ￦©²¨￦³ª￦¸¬©￦´©¶­³¨ ‫ڸ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬
ￒ©··Ό￦￉¥¶¶½­²«￦¥±³¹²¸￦³ª￦ￌￜￚￖￒ￦ ‫ڸ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
ￏ²§¶©¥·©￦Ϯ³¶￦¨©§¶©¥·©ϯ￦­²￦ￌￜￚￖￒ￦ Ο￦
ￒ©··Ό￦ￛ²¶©¥°­¾©¨￦«¥­²￦­²￦¸¬©￦ￕ￉ￏ￦ 155,480￦
ￛ²¶©¥°­¾©¨￦°³··￦­²￦¸¬©￦ￖ̲ￒ￦ ￦ (C)￦ (155,480)
￦

Present value market rate of 10%

ￖ¶©·©²¸￦º¥°¹©￦³ª￦ￖ¶­²§­´¥°￦Ϯ‫ڸ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦￞￦‫ڴ‬Κ‫ڽڴڶں‬￦ϯ￦ ‫ڶ‬Ζ‫ڷڼڸ‬Ζ‫ڴڴں‬
ￇ¨¨Ό￦ ￖ¶©·©²¸￦ º¥°¹©￦ ³ª￦ ­²¸©¶©·¸￦ ´¥½±©²¸·￦ Ϯ‫ڸ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦ ¼￦ ‫ܫڴڵ‬￦ ¼￦
‫ڷ‬Κ‫ڼڴڽڻ‬ϯ￦ ‫ڵ‬Ζ‫ںڵڹ‬Ζ‫ڴڶڷ‬￦
ￓ¥¶¯©¸￦´¶­§©￦³ª￦¸¬©￦°­¥¦­°­¸½Ζ￦©²¨￦³ª￦¸¬©￦´©¶­³¨￦ ‫ڸ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
￦

Note: If the nominal rate and market rate is the same, the present value is equal to
the face value. This is the reason why interest bearing debt securities with

￦
Present value using 9%
ￖ¶©·©²¸￦º¥°¹©￦³ª￦ￖ¶­²§­´¥°￦Ϯ‫ڸ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦￞￦‫ڴ‬Κ‫ڽڽڸں‬ϯ￦ ‫ڶ‬Ζ‫ڽڽڹ‬Ζ‫ڴڴں‬￦
ￇ¨¨Ό￦ ￖ¶©·©²¸￦ º¥°¹©￦ ³ª￦ ­²¸©¶©·¸￦ ´¥½±©²¸·￦ Ϯ‫ڸ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦ ¼￦ ‫ܫڴڵ‬￦ ¼￦
‫ڷ‬Κ‫ڻڽڼڼ‬ϯ￦￦ ‫ڵ‬Ζ‫ڹڹڹ‬Ζ‫ڴڼڼ‬￦
ￌ¥­¶￦ º¥°¹©￦ ³ª￦ °­¥¦­°­¸½￦ ¹·­²«￦ ¸¬©￦ ·¹±￦ ³¦·©¶º©¨￦ ­²¸©¶©·¸￦ ¶¥¸©￦ ¥²¨￦
­²·¸¶¹±©²¸￦·´©§­ª­§￦ￏ￘￘￦ ‫ڸ‬Ζ‫ڹڹڵ‬Ζ‫ڴڼڸ‬￦
Journal entry end of the period is:
ￛ²¶©¥°­¾©¨￦°³··￦ ￦ￖ̲ￒ￦ ‫ڹڹڵ‬Ζ‫ڴڼڸ‬￦ ￦
￦￦￦ￛ²¶©¥°­¾©¨￦«¥­²￦Ο￦ￕ￉ￏ￦ ￦ ‫ڹڹڵ‬Ζ‫ڴڼڸ‬￦
￦

Question No. 3
￘©¸­¶©±©²¸￦´¶­§©￦Ϯ‫ڵ‬Κ‫ڸڴ‬￦¼￦‫ڸ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬ϯ￦ ‫ڸ‬Ζ‫ڴںڵ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦￉¥¶¶½­²«￦º¥°¹©￦ ‫ڸ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
￘©¥°­¾©¨￦°³··￦­²￦¸¬©￦P&L ￦ (A) ‫ڴںڵ‬Ζ‫ڴڴڴ‬
￦

SUMMARY OF ANSWERS:
1. C 2. C 3. A
￦
￦
PROBLEM 27-3 Financial Liabilities at Amortized Cost-Term Bonds
￦

Question No. 1
ￖ¶©·©²¸￦º¥°¹©￦³ª￦ￖ¶­²§­´¥°￦Ϯ‫ڵ‬Ζ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦￞￦‫ڴ‬Κ‫ڷڵڹڻ‬￦ϯ￦ ‫ڵڴڽ‬Ζ‫ڴںڹ‬
ￇ¨¨Ό￦ￖￜ￦³ª￦­²¸©¶©·¸￦´¥½±©²¸·￦Ϯ‫ںڽ‬Ζ‫ڴڴڴ‬￦￞￦‫ڶ‬Κ‫ڽںڼڸ‬￦ϯ￦ ‫ڼڷڶ‬Ζ‫ڶڸڻ‬￦
ￖ¶©·©²¸￦º¥°¹©￦³ª￦¸¬©￦­²º©·¸±©²¸￦¦³²¨·￦ ￦ (C)￦ 1,140,302
￦

253
Chapter 27: Financial Liabilities and Debt Restructuring

Question No. 2
Amortization Table
Interest Interest Premium Present
Date payment expense Amortization value
‫ڵڴ‬ϑ‫ڵڴ‬ϑ‫ڼڵڴڶ‬￦ ￦ ￦ ￦ ￦ ‫ڵ‬Ζ‫ڴڸڵ‬Ζ‫ڶڴڷ‬￦
‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ڼڵڴڶ‬￦ ‫ںڽ‬Ζ‫ڴڴڴ‬￦ 114,030 (B) ‫ڼڵ‬Ζ‫ڴڷڴ‬￦ ‫ڵ‬Ζ‫ڼڹڵ‬Ζ‫ڷڷڷ‬￦
‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ڽڵڴڶ‬ ‫ںڽ‬Ζ‫ڴڴڴ‬￦ ‫ڹڵڵ‬Ζ‫ڷڷڼ‬￦ ‫ڽڵ‬Ζ‫ڷڷڼ‬￦ ‫ڵ‬Ζ‫ڼڻڵ‬Ζ‫ںںڵ‬
‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ڴڶڴڶ‬￦ ‫ںڽ‬Ζ‫ڴڴڴ‬￦ ‫ڻڵڵ‬Ζ‫ڻںڼ‬￦ ￦ ‫ڵڶ‬Ζ‫ڹڷڼ‬￦ ‫ڵ‬Ζ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦

SUMMARY OF ANSWERS:
1. C 2. B


PROBLEM 27-4 Financial Liabilities at Amortized Cost-Serial Bonds￦
￦

Question No. 1
Interest Total Preset value
Principal payment payment factor Total PV
‫ڴڴڸ‬Ζ‫ڴڴڴ‬￦ ‫ںڽ‬Ζ‫ڴڴڴ‬￦ ‫ںڽڸ‬Ζ‫ڴڴڴ‬￦ ‫ڴ‬Κ‫ڵڽڴڽ‬￦ ‫ڴڹڸ‬Ζ‫ڸڵڽ‬￦
‫ڴڴڸ‬Ζ‫ڴڴڴ‬￦ ‫ڸں‬Ζ‫ڴڴڴ‬￦ ‫ڸںڸ‬Ζ‫ڴڴڴ‬￦ ‫ڴ‬Κ‫ڸںڶڼ‬￦ ‫ڷڼڷ‬Ζ‫ڴڹڸ‬￦
‫ڴڴڸ‬Ζ‫ڴڴڴ‬ ‫ڶڷ‬Ζ‫ڴڴڴ‬ ‫ڶڷڸ‬Ζ‫ڴڴڴ‬ ‫ڴ‬Κ‫ڷڵڹڻ‬￦ ‫ڸڶڷ‬Ζ‫ڶںڹ‬￦
ￚ³¸¥°￦ￖￜ￦³ª￦¸¬©￦¦³²¨·￦ (A) P1,158,925
￦
Question No. 2
Interest Interest Discount Princi- Present
Date Payment Expense Amortization pal value
‫ڵڴ‬ϑ‫ڵڴ‬ϑ‫ڼڵڴڶ‬ ￦ ‫ڵ‬Ζ‫ڼڹڵ‬Ζ‫ڹڶڽ‬￦
‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ڼڵڴڶ‬￦ ‫ںڽ‬Ζ‫ڴڴڴ‬￦ 115,892 ‫ڽڵ‬Ζ‫ڶڽڼ‬￦ ‫ڴڴڸ‬Ζ‫ڴڴڴ‬￦ ‫ڼڻڻ‬Ζ‫ڻڵڼ‬￦
‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ڽڵڴڶ‬￦ ‫ڸں‬Ζ‫ڴڴڴ‬￦ ‫ڻڻ‬Ζ‫ ڶڼڼ‬ ‫ڷڵ‬Ζ‫ڶڼڼ‬￦ ‫ڴڴڸ‬Ζ‫ڴڴڴ‬￦ ‫ڶڽڷ‬Ζ‫ڽڽں‬￦
‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ڴڶڴڶ‬￦ ‫ڶڷ‬Ζ‫ڴڴڴ‬￦ ‫ڽڷ‬Ζ‫ ڵڴڷ‬ ‫ڻ‬Ζ‫ڵڴڷ‬￦ ‫ڴڴڸ‬Ζ‫ڴڴڴ‬￦ Ο￦
￦
SUMMARY OF ANSWERS:
1. A 2. A
￦
￦
PROBLEM 27-5 Financial Liabilities at Amortized Cost - Term Bonds with
Transaction Costs￦
￦

ￏ··¹©￦ￖ¶­§©￦Ϯ‫ڹ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦¼￦‫ܫڼڽ‬ϯ￦ ￦ ‫ڸ‬Ζ‫ڴڴڽ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦￈³²¨￦­··¹©￦§³·¸￦ ￦ ‫ڴڸڵ‬Ζ‫ڴڴڴ‬￦
ￖ¶©·©²¸￦º¥°¹©￦³²￦￐¥²¹¥¶½￦‫ڵ‬Ζ￦‫ڼڵڴڶ‬￦ ￦ ‫ڸ‬Ζ‫ڴںڻ‬Ζ‫ڴڴڴ‬￦
ￇ¨¨Ό￦ￊ­·§³¹²¸￦¥±³¶¸­¾¥¸­³²￦ ￦ ￦
￦￦ￔ³±­²¥°￦­²¸©¶©·¸￦Ϯ‫ڹ‬ￓ￦¼￦‫ܫڴڵ‬ϯ￦ ‫ڴڴڹ‬Ζ‫ڴڴڴ‬￦ ￦
￦￦ￋªª©§¸­º©￦­²¸©¶©·¸￦Ϯ‫ڸ‬Ζ‫ڴںڻ‬Ζ‫ڴڴڴ‬￦¼￦‫ܫڶڵ‬ϯ￦ ‫ڵڻڹ‬Ζ‫ڴڴڶ‬￦ ‫ڵڻ‬Ζ‫ڴڴڶ‬￦
￉¥¶¶½­²«￦º¥°¹©￦ ￦‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ڼڵڴڶ‬￦ ￦ (D)￦ ￦ ‫ڸ‬Ζ‫ڵڷڼ‬Ζ‫ڴڴڶ‬￦
￦

254
Chapter 27: Financial Liabilities and Debt Restructuring

PROBLEM 27-6 Financial Liabilities at Amortized Cost - Term Bonds with

Transaction Costs
￦

ￏ··¹©￦ￖ¶­§©￦Ϯ‫ڹ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦¼￦‫ܫڴڵڵ‬ϯ￦ ￦ ‫ڹ‬Κ‫ڴڴڹ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦￈³²¨￦­··¹©￦§³·¸￦ ￦ ‫ڴڼ‬Ζ‫ڴڴڴ‬￦
ￖ¶©·©²¸￦º¥°¹©￦³²￦￐¥²¹¥¶½￦‫ڵ‬Ζ￦‫ڼڵڴڶ‬￦ ￦ ‫ڹ‬Ζ‫ڴڶڸ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦ￖ¶©±­¹±￦¥±³¶¸­¾¥¸­³²￦ ￦ ￦
￦￦ￔ³±­²¥°￦­²¸©¶©·¸￦Ϯ‫ڹ‬ￓ￦¼￦‫ܫڼ‬ϯ￦ ‫ڴڴڸ‬Ζ‫ڴڴڴ‬￦ ￦
￦￦ￋªª©§¸­º©￦­²¸©¶©·¸￦Ϯ‫ڹ‬Ζ‫ڴڶڸ‬Ζ‫ڴڴڴ‬￦¼￦‫ܫں‬ϯ￦ ‫ڹڶڷ‬Ζ‫ڴڴڶ‬￦ ‫ڸڻ‬Ζ‫ڴڴڼ‬￦
￉¥¶¶½­²«￦º¥°¹©￦ ‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ڼڵڴڶ‬￦ ￦ (B)￦ ￦ ‫ڹ‬Ζ‫ڹڸڷ‬Ζ‫ڴڴڶ‬￦


PROBLEM 27-7 Bonds payable with warrants
￦

ￓ¥¶¯©¸￦º¥°¹©￦³ª￦¸¬©￦¦³²¨·￦»­¸¬³¹¸￦¸¬©￦»¥¶¶¥²¸·￦ ￦ (B)￦ ‫ڸ‬Ζ‫ڴڴڼ‬Ζ‫ڴڴڴ‬￦

￦

PROBLEM 27-8 Issuance of Convertible Bonds￦
￦

Question No. 1
ￚ³¸¥°￦ￖ¶³§©©¨·￦Ϯￖ‫ڵ‬Ζ‫ڴڴڴ‬￦¼￦‫ڵ‬Ζ‫ڴڴڴ‬ϯ￦ ‫ڵ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬
ￒ©··Ό￦ￌ¥­¶￦º¥°¹©￦³ª￦¸¬©￦¦³²¨·￦»­¸¬³¹¸￦§³²º©¶·­³²￦´¶­º­°©«©￦ ‫ڴڴڽ‬Ζ‫ڴڴڴ‬￦
ￚ³¸¥°￦￙¬¥¶©￦ￖ¶©±­¹±￦ ￦ (A)￦ ‫ڴڴڵ‬Ζ‫ڴڴڴ‬￦
￦
Using 7.48%
ￖ¶©·©²¸￦º¥°¹©￦³ª￦ￖ¶­²§­´¥°￦Ϯ‫ڵ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦¼￦‫ڴ‬Κ‫ڻ‬￦ϯ￦ ‫ڴڴڻ‬Ζ‫ڴڴڴ‬￦
ￇ¨¨Ό￦ￖ¶©·©²¸￦º¥°¹©￦³ª￦­²¸©¶©·¸￦´¥½±©²¸·￦Ϯ‫ڴڹ‬Ζ‫ڴڴڴ‬￦¼￦‫ڸ‬￦ϯ ‫ڴڴڶ‬Ζ‫ڴڴڴ‬
ￚ³¸¥°￦´¶©·©²¸￦º¥°¹©￦ ‫ڴڴڽ‬Ζ‫ڴڴڴ‬￦
￦

Question No. 2 ￙©©￦¥±³¶¸­¾¥¸­³²￦¸¥¦°©￦¦©°³»Κ￦

￦

Amortization Table
Interest Interest Discount Present
Date Payment Expense Amortization value
‫ڵڴ‬ϑ‫ڵڴ‬ϑ‫ڼڵڴڶ‬￦ ￦ ￦ ￦ ‫ڴڴڽ‬Ζ‫ڴڴڴ‬￦
‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ڼڵڴڶ‬￦ ‫ڴڹ‬Ζ‫ڴڴڴ‬￦ ‫ڻں‬Ζ‫ڴڶڷ‬￦ ‫ڻڵ‬Ζ‫ڴڶڷ‬￦ 917,320
￦

SUMMARY OF ANSWERS:
1. A 2. B
￦
￦
PROBLEM 27-9 Retirement of Bonds Payable
￦

‫ڹ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦¼￦Κ‫ڼڽ‬ϯ￦ ‫ڸ‬Ζ‫ڴڴڽ‬Ζ‫ڴڴڴ‬￦
‫ڹ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦Ο￦ ‫ڴڴڹ‬Ζ‫ڴڴڴ‬￦Ο￦ ‫ڴڴڷ‬Ζ‫ڴڴڴ‬ϯ￦ ‫ڸ‬Ζ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦
ￒ³··￦³²￦¶©¸­¶©±©²¸￦ ￦ ￦ (A)￦ ‫ڴڴڻ‬Ζ‫ڴڴڴ‬￦
￦
￦

255
Chapter 27: Financial Liabilities and Debt Restructuring

PROBLEM 27-10 Conversion of Convertible Bonds

￦

Question No. 1 Case No. 1

Nil. (A) ￔ³￦ «¥­²￦ ³¶￦ °³··￦ ³²￦ §³²º©¶·­³²￦ ³ª￦ §³²º©¶¸­¦°©￦ ¦³²¨·￦ ¹²°©··￦ ¸¬©￦
§³²º©¶·­³²￦ ­·￦ ­²¨¹§©¨￦ ¦½￦ ¸¬©￦ §³±´¥²½Κ￦ ￚ¬©￦ ®³¹¶²¥°￦ ©²¸¶½￦ ¸³￦ ¶©§³¶¨￦ ¸¬©￦
¸¶¥²·¥§¸­³²￦»³¹°¨￦¸¬©²￦¦©Ό￦
￈³²¨·￦´¥½¥¦°©￦ ‫ڵ‬Ζ‫ڴڴڹ‬Ζ‫ڴڴڴ‬￦ ￦
￙¬¥¶©￦´¶©±­¹±Ο§³²º©¶·­³²￦³´¸­³²￦ ‫ڴں‬Ζ‫ڴڴڴ‬￦ ￦
ￖ¶©±­¹±￦³²￦¦³²¨·￦´¥½¥¦°©￦ ‫ڶڹ‬Ζ‫ڽڸڴ‬￦ ￦
￦￦￦ￕ¶¨­²¥¶½￦·¬¥¶©·￦Ϯ‫ڴڴڴڴڶ‬￦￞￦‫ڴڹ‬￦ϯ￦ ￦ ‫ڵ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
￦￦￦￙¬¥¶©￦ￖ¶©±­¹±￦ ￦ ‫ڶڵں‬Ζ‫ڽڸڴ‬￦
￦
Question No. 2 - Case No. 2￦
ￌ¥­¶￦º¥°¹©￦³ª￦°­¥¦­°­¸½￦ ‫ڵ‬Ζ‫ڴڴں‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦￉¥¶¶½­²«￦¥±³¹²¸￦³ª￦¸¬©￦¦³²¨·￦´¥½¥¦°©￦ ‫ڵ‬Ζ‫ڶڹڹ‬Ζ‫ڽڸڴ‬￦
ￒ³··￦³²￦·©¸¸°©±©²¸￦Ϯ§³²º©¶·­³²ϯ￦³ª￦°­¥¦­°­¸½￦ (B) 47,951
ￌ¥­¶￦º¥°¹©￦³ª￦°­¥¦­°­¸½￦ ‫ڵ‬Ζ‫ڴڴں‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦ￚ³¸¥°￦´¥¶￦º¥°¹©￦³ª￦¸¬©￦·¬¥¶©·￦­··¹©¨￦ ‫ڵ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
￙¬¥¶©￦ￖ¶©±­¹±￦ ‫ڴڴں‬Ζ‫ڴڴڴ‬￦
￦

ￚ¬©￦®³¹¶²¥°￦©²¸¶½￦¸³￦¶©§³¶¨￦¸¬©￦¸¶¥²·¥§¸­³²￦»³¹°¨￦¸¬©²￦¦©Ό￦
￈³²¨·￦´¥½¥¦°© ‫ڵ‬Ζ‫ڴڴڹ‬Ζ‫ڴڴڴ‬￦ ￦
ￒ³··￦³²￦·©¸¸°©±©²¸￦³ª￦°­¥¦­°­¸½￦ ‫ڻڸ‬Ζ‫ڵڹڽ‬￦ ￦
ￖ¶©±­¹±￦³²￦¦³²¨·￦´¥½¥¦°©￦ ‫ڶڹ‬Ζ‫ڽڸڴ‬￦ ￦
￦￦￦ￕ¶¨­²¥¶½￦·¬¥¶©·￦Ϯ‫ڴڶ‬Ζ‫ڴڴڴ‬￦￞￦‫ڴڹ‬￦ϯ￦ ￦ ‫ڵ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
￦￦￦￦￙¬¥¶©￦ￖ¶©±­¹±￦ ￦ ‫ڴڴں‬Ζ‫ڴڴڴ‬￦
￦

SUMMARY OF ANSWERS:
1. A 2. B
￦
￦
PROBLEM 27-11 Induced Conversion
￦

ￌ¥§©￦¥±³¹²¸￦³ª￦¨©¦¸￦·©§¹¶­¸­©·￦§³²º©¶¸©¨￦ ‫ڵ‬Ζ‫ڴڴڹ‬Ζ‫ڴڴڴ‬￦￦
ￊ­º­¨©￦¦½Ό￦ￔ©»￦§³²º©¶·­³²￦´¶­§©￦ ‫ڴڶ‬￦
ￔ¹±¦©¶￦³ª￦·¬¥¶©·￦­··¹©¨￦¹´³²￦§³²º©¶·­³²￦ ‫ڹڻ‬Ζ‫ڴڴڴ‬￦￦
ￓ¹°¸­´°½￦¦½Ό￦ￌ¥­¶￦º¥°¹©￦³ª￦·¬¥¶©·￦³²￦¸¬©￦§³²º©¶·­³²￦¨¥¸© ‫ڴڷ‬￦￦
ￌ¥­¶￦º¥°¹©￦³ª￦·¬¥¶©·￦§³²º©¶¸©¨￦ ‫ڶ‬Ζ‫ڴڹڶ‬Ζ‫ڴڴڴ‬￦￦
￦

ￌ¥§©￦¥±³¹²¸￦³ª￦¨©¦¸￦·©§¹¶­¸­©·￦§³²º©¶¸©¨￦ ‫ڵ‬Ζ‫ڴڴڹ‬Ζ‫ڴڴڴ‬￦
ￊ­º­¨©￦¦½Ό￦ￕ°¨￦§³²º©¶·­³²￦´¶­§©￦ ‫ڹڶ‬￦
ￔ¹±¦©¶￦³ª￦·¬¥¶©·￦­··¹©¨￦¹²¨©¶￦³¶­«­²¥°￦§³²º©¶·­³²￦ ‫ڴں‬Ζ‫ڴڴڴ‬￦
ￓ¹°¸­´°½￦¦½Ό￦ￌ¥­¶￦º¥°¹©￦³ª￦·¬¥¶©·￦³²￦¸¬©￦§³²º©¶·­³²￦¨¥¸© ‫ڴڷ‬
ￌ¥­¶￦º¥°¹©￦³ª￦·¬¥¶©·￦¹²¨©¶￦³¶­«­²¥°￦§³²º©¶·­³² ‫ڵ‬Ζ‫ڴڴڼ‬Ζ‫ڴڴڴ‬
￦

ￌ¥­¶￦º¥°¹©￦³ª￦·¬¥¶©·￦§³²º©¶¸©¨ ‫ڶ‬Ζ‫ڴڹڶ‬Ζ‫ڴڴڴ‬
ￒ©··Ό￦ￌ¥­¶￦º¥°¹©￦³ª￦·¬¥¶©·￦¹²¨©¶￦³¶­«­²¥°￦§³²º©¶·­³²￦ ‫ڵ‬Ζ‫ڴڴڼ‬Ζ‫ڴڴڴ‬￦
ￊ©¦¸￦§³²º©¶·­³²￦©¼´©²·©￦³¶￦°³··￦³²￦­²¨¹§©¨￦§³²º©¶·­³²￦ (B)￦ ‫ڴڹڸ‬Ζ‫ڴڴڴ‬￦

256
Chapter 27: Financial Liabilities and Debt Restructuring

Journal entry is:

￈³²¨·￦´¥½¥¦°© ‫ڵ‬Ζ‫ڴڴڹ‬Ζ‫ڴڴڴ‬￦ ￦
ￊ©¦¸￦§³²º©¶·­³²￦©¼´©²·©￦³¶￦°³··￦³²￦￦ ￦ ￦
￦￦￦­²¨¹§©¨￦§³²º©¶·­³²￦ ‫ڴڹڸ‬Ζ‫ڴڴڴ‬￦
ￖ¶©±­¹±￦³²￦¦³²¨·￦´¥½¥¦°©￦ ‫ڶڹ‬Ζ‫ڽڸڴ‬￦ ￦
￦￦￦￦ￕ¶¨­²¥¶½￦·¬¥¶©·￦Ϯ‫ڹڻ‬Ζ‫ڴڴڴ‬￦¼￦‫ڴڵ‬￦ϯ￦ ￦ ‫ڴڹڻ‬Ζ‫ڴڴڴ‬￦
￦￦￦￦￙¬¥¶©￦´¶©±­¹±￦ ￦ ‫ڵ‬Ζ‫ڶڹڶ‬Ζ‫ڽڸڴ‬￦
￦

PROBLEM 27-12 Interest-Bearing Note
￦

ￇ§§¶¹©¨￦­²¸©¶©·¸￦‫ڻڵڴڶ‬￦ ‫ڴ‬Ζ‫ڴڴڴ‬￦¼￦‫ܫڶڵ‬￦¼￦‫ڽ‬ϑ‫ڶڵ‬ϯ￦ ‫ڴڹڸ‬Ζ‫ڴڴڴ‬￦

ￇ§§¶¹©¨￦­²¸©¶©·¸￦‫ڼڵڴڶ‬￦ ‫ڹ‬Ζ‫ڴڹڸ‬Ζ‫ڴڴڴ‬￦¼￦‫ܫڶڵ‬￦¼￦‫ڶڵ‬ϑ‫ڶڵ‬ϯ￦ ‫ڸڹں‬Ζ‫ڴڴڴ‬
ￚ³¸¥°￦¥§§¶¹©¨￦­²¸©¶©·¸￦￦ ￦ ￦ (C)￦ ‫ڵ‬Ζ‫ڸڴڵ‬Ζ‫ڴڴڴ‬￦
￦
￦
PROBLEM 27-13 Non-Interest Bearing Note
￦

ￖ¶­²§­´¥° ￦ ‫ڶ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦ￊ­·§³¹²¸￦³²￦²³¸©·￦´¥½¥¦°©￦￦ ‫ںڵڶ‬Ζ‫ڴڴڴ‬￦
￦￦Ϯ‫ڶ‬ￓ￦¼￦‫ڴڵ‬Κ‫ܫڼ‬￦¼￦‫ڶڵ‬ϑ‫ڶڵ‬ϯ￦ ￦
￦￦￦￦￦ￇ±³¶¸­¾¥¸­³²￦Ϯ‫ںڵڶ‬Ζ‫ڴڴڴ‬ϑ‫ڶڵ‬￦¼￦‫ڹ‬ϯ￦ Ϯ‫ڴڽ‬Ζ‫ڴڴڴ‬ϯ￦ ‫ںڶڵ‬Ζ‫ڴڴڴ‬￦
￉¥¶¶½­²«￦¥±³¹²¸￦³ª￦¸¬©￦²³¸©￦´¥½¥¦°©￦ (B)￦ ￦ ‫ڵ‬Ζ‫ڸڻڼ‬Ζ‫ڴڴڴ‬￦
￦
￦
PROBLEM 27-14 Interest-Bearing Note￦
￦

‫ڵ‬Ζ‫ڴڹڷ‬Ζ‫ ڴڴڴ‬Ο ‫ڴڹڸ‬Ζ‫ڴڴڴ‬ϯ￦¼￦‫ܫڶڵ‬￦¼￦‫ڸ‬ϑ‫ڶڵ‬σ (B)￦ ￦￦￦‫ںڷ‬Ζ‫ڴڴڴ‬

￦
PROBLEM 27-15 Loans Payable￦
￦

ￖ¶­²§­´¥°￦ ‫ڵ‬Ζ‫ڴڴڹ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦ￊ­¶©§¸￦³¶­«­²¥¸­³²￦ª©©·￦´¥­¨￦Ϯ‫ڵ‬Κ‫ڹ‬ￓ￦¼￦‫ܫڸ‬ϯ￦ ‫ڴں‬Ζ‫ڴڴڴ‬￦
ￏ²­¸­¥°￦§¥¶¶½­²«￦¥±³¹²¸￦³ª￦¸¬©￦°³¥²·￦´¥½¥¦°©￦ (D)￦ ‫ڵ‬Ζ‫ڴڸڸ‬Ζ‫ڴڴڴ‬
￦
￦
PROBLEM 27-16 Debt Restructuring￦
￦

‫ں‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦ ‫ڴڴ‬Ζ‫ڴڴڴ‬ϯ￦ ‫ں‬Ζ‫ڴڴں‬Ζ‫ڴڴڴ‬￦

ￒ©··Ό￦Cost￦³¶￦§¥¶¶½­²«￦º¥°¹©￦³ª￦°¥²¨￦ ‫ڷ‬Ζ‫ڴڴڹ‬Ζ‫ڴڴڴ‬
ￍ¥­²￦³²￦©¼¸­²«¹­·¬±©²¸￦ ￦ ￦ (D)￦ ‫ڷ‬Ζ‫ڴڴڵ‬Ζ‫ڴڴڴ‬￦
￦
PROBLEM 27-17 Debt Restructuring￦
￦

ￌ¥­¶￦º¥°¹©￦³ª￦©µ¹­¸½￦·©§¹¶­¸­©·￦Ϯ ‫ڴڻ‬￦¼￦‫ڴڹ‬Ζ‫ڴڴڴ‬ϯ￦ ‫ڷ‬Ζ‫ڴڴڹ‬Ζ‫ڴڴڴ‬￦

ￒ©··Ό￦ ‫ڶ‬Ζ‫ڴڴڹ‬Ζ‫ڴڴڴ‬
￙¬¥¶©￦´¶©±­¹±￦ ￦ ￦ ￦ (D)￦ ‫ڵ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦

257
Chapter 27: Financial Liabilities and Debt Restructuring

PROBLEM 27-18 Debt Restructuring￦

￦

Question No. 1
ￖ¶©·©²¸￦º¥°¹©￦³ª￦ￖ¶­²§­´¥°￦Ϯ ‫ڸ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦¼￦‫ڴ‬Κ‫ڹڻ‬ϯ￦ ‫ڷ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
ￇ¨¨Ό￦ￖ¶©·©²¸￦º¥°¹©￦³ª￦­²¸©¶©·¸￦´¥½±©²¸·￦Ϯ‫ڴڶڷ‬Ζ‫ڴڴڴ‬￦¼￦‫ڶ‬Κ‫ڽڸ‬ϯ￦ ‫ںڽڻ‬Ζ‫ڴڴڼ‬￦
ￖ¶©·©²¸￦º¥°¹©￦³ª￦¸¬©￦²³¸©·￦´¥½¥¦°©￦ ‫ڷ‬Ζ‫ںڽڻ‬Ζ‫ڴڴڼ‬
ￒ©··Ό￦￉¥¶¶½­²«￦º¥°¹©￦³ª￦¸¬©￦²³¸©·￦Ϯ ‫ڹ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦ ‫ڴڴ‬Ζ‫ڴڴڴ‬ϯ￦ ‫ڹ‬Ζ‫ڴڴڹ‬Ζ‫ڴڴڴ‬￦
ￍ¥­²￦³²￦©¼¸­²«¹­·¬±©²¸￦ ￦ ￦ (B)￦ ‫ڵ‬Ζ‫ڷڴڶ‬Ζ‫ڴڴڶ‬￦
￦

Question No. 2
ￏ²¸©¶©·¸￦©¼´©²·©￦Ϯ‫ڷ‬Ζ‫ںڽڻ‬Ζ‫ڴڴڼ‬￦¼￦‫ܫڴڵ‬ϯ (B)￦ ‫ڽڻڷ‬Ζ‫ڴڼں‬￦
￦

SUMMARY OF ANSWERS:
1. B 2. B
￦
￦
PROBLEM 27-19 Debt Restructuring￦
￦

￉¥¶¶½­²«￦¥±³¹²¸￦³ª￦³°¨￦°­¥¦­°­¸½￦ ‫ں‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦ￖ¶©·©²¸￦º¥°¹©￦³ª￦²©»￦°­¥¦­°­¸½￦￦ ￦ ￦
￦￦￦ￖ¶©·©²¸￦º¥°¹©￦³ª￦´¶­²§­´¥°￦Ϯￖ‫ں‬ￓ￦¼￦Κ‫ڽڴڶں‬ϯ￦ ‫ڷ‬Ζ‫ڹڶڻ‬Ζ‫ڴڴڸ‬￦ ￦
￦￦￦ￖ¶©·©²¸￦º¥°¹©￦³ª￦­²¸©¶©·¸￦Ϯￖ‫ں‬ￓ￦¼￦Κ‫ڼڴ‬￦¼￦‫ڷ‬Κ‫ڼڴڽڻ‬ϯ￦ ‫ڵ‬Ζ‫ڽڵڼ‬Ζ‫ڸڼڹ‬ ‫ڹ‬Ζ‫ڸڸڹ‬Ζ‫ڸڼڽ‬￦
ￍ¥­²￦³²￦©¼¸­²«¹­·¬±©²¸￦³ª￦°­¥¦­°­¸½ (C) ‫ڹڹڸ‬Ζ‫ںڵڴ‬￦
￦
COMPREHENSIVE PROBLEMS
PROBLEM 27-20 Interest-Bearing Note Lump Sum
￦

Question No. 1
ￖ¶©·©²¸￦º¥°¹©￦³ª￦ￖ¶­²§­´¥°￦Ϯ‫ڸ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦¼￦‫ڴ‬Κ‫ڴڷڼں‬￦ϯ￦ ‫ڶ‬Ζ‫ڶڷڻ‬Ζ‫ڸڹڴ‬￦
ￇ¨¨Ό￦ￖ¶©·©²¸￦º¥°¹©￦³ª￦­²¸©¶©·¸￦´¥½±©²¸·￦Ϯ‫ڴڴں‬Ζ‫ڴڴڴ‬￦¼￦‫ڷ‬Κ‫ڽڽںڵ‬ϯ￦ ‫ڵ‬Ζ‫ڵڴڽ‬Ζ‫ڽڵڽ‬￦
ￖ¶©·©²¸￦º¥°¹©￦³ª￦¸¬©￦²³¸©·￦´¥½¥¦°©￦ (D)￦ ‫ڸ‬Ζ‫ڷڷں‬Ζ‫ڷڻڽ‬￦
￦

Amortization Table:￦
Interest Interest Discount Present
Date Payment Expense Amortization value
‫ڵڴ‬ϑ‫ڵڴ‬ϑ‫ڼڵڴڶ‬￦ ‫ڸ‬Ζ‫ڷڷں‬Ζ‫ڷڻڽ‬￦
‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ڼڵڴڶ‬￦ ‫ڴڴں‬Ζ‫ڴڴڴ‬￦ ‫ڷںڸ‬Ζ‫ڻڽڷ‬￦ ‫ںڷڵ‬Ζ‫ڷڴں‬￦ ‫ڸ‬Ζ‫ڻڽڸ‬Ζ‫ڴڻڷ‬￦
‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ڽڵڴڶ‬￦ ‫ڴڴں‬Ζ‫ڴڴڴ‬￦ ‫ڽڸڸ‬Ζ‫ڻڷڻ‬￦ ‫ڴڹڵ‬Ζ‫ڷںڶ‬￦ ‫ڸ‬Ζ‫ڻڸڷ‬Ζ‫ڻڴڵ‬￦
‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ڴڶڴڶ‬￦ ‫ڴڴں‬Ζ‫ڴڴڴ‬￦ ‫ڸڷڸ‬Ζ‫ڵڵڻ‬￦ ‫ڹںڵ‬Ζ‫ڽڼڶ‬￦ ‫ڸ‬Ζ‫ڵڼڵ‬Ζ‫ڼڵڼ‬￦

Question No. 2
ￏ²¸©¶©·¸￦ￋ¼´©²·©￦Ϯ‫ڸ‬Ζ‫ڷڷں‬Ζ‫¼ڷڻڽ‬￦Κ‫ڴڵ‬ϯ￦‫ܥ‬￦463,397 (C)￦

Question No. 3
P4,497,370. ￙©©￦¥±³¶¸­¾¥¸­³²￦¸¥¦°©￦¥¦³º©Κ￦ (C)￦

Question No. 4
ￔ­°Κ￦￦(A) ￚ¬©￦©²¸­¶©￦²³¸©￦´¥½¥¦°©￦­·￦²³²§¹¶¶©²¸￦°­¥¦­°­¸½Κ￦

258
Chapter 27: Financial Liabilities and Debt Restructuring

Question No. 5

P4,497,370Κ￦￦(D) ￚ¬©￦©²¸­¶©￦²³¸©￦´¥½¥¦°©￦­·￦§¹¶¶©²¸￦°­¥¦­°­¸½Κ￦

SUMMARY OF ANSWERS:
1. D 2. C 3. C 4. A 5. D


PROBLEM 27-21 interest-bearing note non-uniform installments
￦

Question No. 1
Interest Total Preset value Present
Principal payment payment factor Value
‫ڵ‬Ζ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦ ‫ڴں‬Ζ‫ڴڴڴ‬￦ ‫ڵ‬Ζ‫ڴںڶ‬Ζ‫ڴڴڴ‬￦ ‫ڴ‬Κ‫ڽڶڽڼ‬￦ ‫ڵ‬Ζ‫ڹڶڵ‬Ζ‫ڸڹڴ‬￦
‫ڴڴڸ‬Ζ‫ڴڴڴ‬￦ ‫ڸڶ‬Ζ‫ڴڴڴ‬￦ ‫ڸڶڸ‬Ζ‫ڴڴڴ‬￦ ‫ڴ‬Κ‫ڶڻڽڻ‬￦ ‫ڼڷڷ‬Ζ‫ڷڵڴ‬￦
‫ڴڴڸ‬Ζ‫ڴڴڴ‬￦ ‫ڶڵ‬Ζ‫ڴڴڴ‬ ‫ڶڵڸ‬Ζ‫ڴڴڴ‬￦ ‫ڴ‬Κ‫ڼڵڵڻ‬￦ ‫ڷڽڶ‬Ζ‫ڶںڶ‬
ￚ³¸¥°￦ￖￜ￦³ª￦²³¸©·￦´¥½¥¦°©￦ (D) 1,756,328

Amortization Table
ￊ¥¸©￦ Interest Discount Principal Present
Date Expense on N/P Payment Value
‫ڵڴ‬ϑ‫ڵڴ‬ϑ‫ڼڵڴڶ‬￦ ￦ ￦ ￦ ￦ ‫ڵ‬Ζ‫ںڹڻ‬Ζ‫ڼڶڷ‬￦
‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ڼڵڴڶ‬￦ ‫ڴں‬Ζ‫ڴڴڴ‬￦ 210,759 ‫ڴڹڵ‬Ζ‫ڽڹڻ‬￦ ‫ڵ‬Ζ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦ 707,088
‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ڽڵڴڶ‬ ‫ڸڶ‬Ζ‫ڴڴڴ‬￦ ‫ڸڼ‬Ζ‫ڵڹڼ‬￦ ‫ڴں‬Ζ‫ڵڹڼ‬ ‫ڴڴڸ‬Ζ‫ڴڴڴ‬￦ ‫ڻںڷ‬Ζ‫ڼڷڽ‬￦
‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ڴڶڴڶ‬ ‫ڶڵ‬Ζ‫ڴڴڴ‬￦ ‫ڸڸ‬Ζ‫ڽڻڴ‬￦ ‫ڶڷ‬Ζ‫ڶںڴ‬ ‫ڴڴڸ‬Ζ‫ڴڴڴ‬￦ Ο￦

Question No. 2
ￏ²¸©¶©·¸￦©¼´©²·©￦Ϯ‫ڵ‬Ζ‫ںڹڻ‬Ζ‫ڼڶڷ‬￦¼￦Κ‫ڶڵ‬ϯ￦ ￦ ￦ P210,759 (D)

Question No. 3
￉¥¶¶½­²«￦¥±³¹²¸￦ ￦ￊ©§©±¦©¶￦‫ڵڷ‬Ζ￦‫ڼڵڴڶ‬￦ ￦ ￦ P707,088 (C)

Question No. 4
ￖ¶­²§­´¥°￦´¥½¥¦°©￦ￊ©§Κ￦‫ڵڷ‬Ζ￦‫ڽڵڴڶ‬￦ ￖ‫ڴڴڸ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦ￊ­·§³¹²¸￦³²￦²³¸©·￦´¥½¥¦°© ‫ڴں‬Ζ‫ڵڹڼ‬￦
￉¥¶¶½­²«￦¥±³¹²¸Ο§¹¶¶©²¸￦°­¥¦­°­¸½ ￦ (C)￦ ￖ‫ڽڷڷ‬Ζ‫ڽڸڵ‬￦

Question No. 5
ￖ¶­²§­´¥°￦´¥½¥¦°©￦ￊ©§Κ￦‫ڵڷ‬Ζ￦‫ڼڵڴڶ‬￦ ￖ‫ڴڴڸ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦ￊ­·§³¹²¸￦³²￦²³¸©·￦´¥½¥¦°©￦ ‫ڶڷ‬Ζ‫ڶںڴ‬￦
￉¥¶¶½­²«￦¥±³¹²¸Ο²³²§¹¶¶©²¸￦°­¥¦­°­¸½ (C)￦ ￖ‫ڻںڷ‬Ζ‫ڼڷڽ‬￦

SUMMARY OF ANSWERS:
1. D 2. D 3. C 4. C 5. C



259
Chapter 27: Financial Liabilities and Debt Restructuring

PROBLEM 27-22 Interest-Bearing Note Uniform Installments

￦

Question No. 1
Interest Total Preset value Present
Principal payment payment factor Value
‫ڵ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦ ‫ڴڴں‬Ζ‫ڴڴڴ‬ ‫ڵ‬Ζ‫ڴڴں‬Ζ‫ڴڴڴ‬￦ ‫ڴ‬Κ‫ڵڽڴڽ‬￦ ‫ڵ‬Ζ‫ڸڹڸ‬Ζ‫ڹڸڹ‬
‫ڵ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦ ‫ڴڹڸ‬Ζ‫ڴڴڴ‬￦ ‫ڵ‬Ζ‫ڴڹڸ‬Ζ‫ڴڴڴ‬￦ ‫ڴ‬Κ‫ڸںڶڼ‬￦ ‫ڵ‬Ζ‫ڼڽڵ‬Ζ‫ڻڸڷ‬￦
‫ڵ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦ ‫ڴڴڷ‬Ζ‫ڴڴڴ‬￦ ‫ڵ‬Ζ‫ڴڴڷ‬Ζ‫ڴڴڴ‬￦ ‫ڴ‬Κ‫ڷڵڹڻ‬￦ ‫ںڻڽ‬Ζ‫ڽڴڻ‬￦
‫ڵ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦ ‫ڴڹڵ‬Ζ‫ڴڴڴ‬ ‫ڵ‬Ζ‫ڴڹڵ‬Ζ‫ڴڴڴ‬￦ ‫ڴ‬Κ‫ڴڷڼں‬￦ ‫ڹڼڻ‬Ζ‫ڹںڸ‬
ￚ³¸¥°￦ￖￜ￦³ª￦²³¸©·￦´¥½¥¦°©￦ (C) 4,415,066

Amortization Table
Interest Interest Premium Principal Present
Date Payment Expense Amortization Payment Value
‫ڵڴ‬ϑ‫ڵڴ‬ϑ‫ڼڵڴڶ‬￦ ￦ ￦ ￦ ￦ 4,415,066￦
‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ڴڴں ڼڵڴڶ‬Ζ‫ڴڴڴ‬￦ ‫ڵڸڸ‬Ζ‫ڻڴڹ‬ ‫ڼڹڵ‬Ζ‫ڵ ڷڽڸ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦ ‫ڷ‬Ζ‫ںڹڶ‬Ζ‫ڷڻڹ‬￦
‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ڴڹڸ ڽڵڴڶ‬Ζ‫ڴڴڴ‬￦ ‫ڹڶڷ‬Ζ‫ڻڹں‬ ‫ڸڶڵ‬Ζ‫ڵ ڷڸڷ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬ ‫ڶ‬Ζ‫ڶڷڵ‬Ζ‫ڴڷڶ‬￦
‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ڴڶڴڶ‬￦ ‫ڴڴڷ‬Ζ‫ڴڴڴ‬￦ ‫ڷڵڶ‬Ζ‫ڷڶڶ‬￦ ‫ںڼ‬Ζ‫ڻڻڻ‬￦ ‫ڵ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦ ‫ڵ‬Ζ‫ڹڸڴ‬Ζ‫ڷڹڸ‬￦
‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ڵڶڴڶ‬￦ ‫ڴڹڵ‬Ζ‫ڴڴڴ‬￦ ‫ڸڴڵ‬Ζ‫ڹڸڹ‬￦ ‫ڹڸ‬Ζ‫ڹڹڸ‬￦ ‫ڵ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦ ‫ڴ‬￦

Question No. 2
ￏ²¸©¶©·¸￦©¼´©²·©￦Ϯ‫ڸ‬Ζ‫ڹڵڸ‬Ζ‫ںںڴ‬￦¼￦Κ‫ڴڵ‬ϯ (B)￦ ￦ ￖ‫ڵڸڸ‬Ζ‫ ڻڴڹ‬

Question No. 3
￉¥¶¶½­²«￦¥±³¹²¸￦ ￦ￊ©§©±¦©¶￦‫ڵڷ‬Ζ￦‫ڼڵڴڶ‬￦ (B)￦ ￦ ‫ڷ‬Ζ‫ںڹڶ‬Ζ‫ ڷڻڹ‬

Question No. 4
ￖ¶­²§­´¥°￦Ϯ´¥½¥¦°©￦ￊ©§Κ￦‫ڵڷ‬Ζ￦‫ڽڵڴڶ‬ϯ ￖ‫ڵ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
ￇ¨¨Ό￦ￖ¶©±­¹±￦³²￦²³¸©·￦´¥½¥¦°©￦ ‫ڸڶڵ‬Ζ‫ڷڸڷ‬￦
￉¥¶¶½­²«￦¥±³¹²¸Ο§¹¶¶©²¸￦°­¥¦­°­¸½￦￦ (C)￦ ￖ‫ڵ‬Ζ‫ڸڶڵ‬Ζ‫ڷڸڷ‬￦

Question No. 5
￉¥¶¶½­²«￦¥±³¹²¸￦ ￦ￊ©§©±¦©¶￦‫ڵڷ‬Ζ￦‫ڽڵڴڶ‬￦ ￖ‫ڷ‬Ζ‫ںڹڶ‬Ζ‫ڷڻڹ‬￦
ￇ¨¨Ό￦ￖ¶©±­¹±￦³²￦²³¸©·￦´¥½¥¦°©￦ ‫ڵ‬Ζ‫ڸڶڵ‬Ζ‫ڷڸڷ‬￦
￉¥¶¶½­²«￦¥±³¹²¸Ο²³²§¹¶¶©²¸￦°­¥¦­°­¸½ (D)￦ ￖ‫ڶ‬Ζ‫ڶڷڵ‬Ζ‫ڴڷڶ‬￦

SUMMARY OF ANSWERS:
1. C 2. B 3. B 4. C 5. D


PROBLEM 27-23 Noninterest-Bearing Note With Cash Price Equivalent
￦

Question No. 1
ￚ¬©￦§¥¶¶½­²«￦¥±³¹²¸￦³ª￦¸¬©￦²³¸©￦³²￦­²­¸­¥°￦¶©§³«²­¸­³²￦­·￦©µ¹¥°￦¸³￦­¸·￦§¥·¬￦´¶­§©￦
©µ¹­º¥°©²¸￦³ª￦ￖ‫ڸڽڽ‬Ζ‫ڴںڻ‬. (C)
￦

260
Chapter 27: Financial Liabilities and Debt Restructuring

￉³­²§­¨©²¸¥°°½Ζ￦¸¬©￦©ªª©§¸­º©￦¶¥¸©￦¹·­²«￦¸¬©￦§¥·¬￦´¶­§©￦©µ¹­º¥°©²¸￦­·￦‫ܫڶڵ‬￦¥²¨￦¸¬©￦
¥±³¶¸­¾¥¸­³²￦¸¥¦°©￦­·￦¥·￦ª³°°³»·Ό￦
￦
Amortization Table at 12%
Principal Interest Present
Date payment expense Amortization value
‫ڵڴ‬ϑ‫ڵڴ‬ϑ‫ڼڵڴڶ‬ ￦ ￦ ‫ڸڽڽ‬Ζ‫ڴںڻ‬
‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ڼڵڴڶ‬￦ ‫ڴڴڸ‬Ζ‫ڴڴڴ‬￦ ‫ڽڽ‬Ζ‫ںڻڸ‬￦ ‫ڴڴڷ‬Ζ‫ڸڶڹ‬￦ ‫ڸڽں‬Ζ‫ںڷڶ‬￦
‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ڽڵڴڶ‬￦ ‫ڴڴڸ‬Ζ‫ڴڴڴ‬￦ ‫ڽں‬Ζ‫ڸڶڸ‬￦ ‫ڴڷڷ‬Ζ‫ںڻڹ‬￦ ‫ڷںڷ‬Ζ‫ڴںں‬￦
‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ڴڶڴڶ‬￦ ‫ڴڴڸ‬Ζ‫ڴڴڴ‬￦ ‫ںڷ‬Ζ‫ڴڸڷ‬￦ ‫ڷںڷ‬Ζ‫ڴںں‬￦ Ο￦

Question No. 2
ￏ²¸©¶©·¸￦©¼´©²·©￦Ϯ‫ڸڽڽ‬Ζ‫¼ڴںڻ‬￦Κ‫ڶڵ‬ϯ￦ ￦ ￦ ￦ P99,476 (A)

Question No. 3
￉¥¶¶½­²«￦¥±³¹²¸￦ ￦ￊ©§©±¦©¶￦‫ڵڷ‬Ζ￦‫ڼڵڴڶ‬￦ ￦ ￦ P694,236 (A)

Question No. 4
ￖ¶­²§­´¥°￦Ϯ´¥½¥¦°©￦ￊ©§Κ￦‫ڵڷ‬Ζ￦‫ڽڵڴڶ‬ϯ ￖ‫ڴڴڸ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦ￊ­·§³¹²¸￦³²￦²³¸©·￦´¥½¥¦°©￦ ‫ڽں‬Ζ‫ڸڶڸ‬￦
￉¥¶¶½­²«￦¥±³¹²¸Ο§¹¶¶©²¸￦°­¥¦­°­¸½￦￦ (B)￦ ￖ‫ڴڷڷ‬Ζ‫ںڻڹ‬￦

Question No. 5
ￖ¶­²§­´¥°￦Ϯ´¥½¥¦°©￦ￊ©§Κ￦‫ڵڷ‬Ζ￦‫ڴڶڴڶ‬ϯ ￖ‫ڴڴڸ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦ￊ­·§³¹²¸￦³²￦²³¸©·￦´¥½¥¦°©￦ ‫ںڷ‬Ζ‫ڴڸڷ‬￦
￉¥¶¶½­²«￦¥±³¹²¸Ο²³²§¹¶¶©²¸￦°­¥¦­°­¸½￦ (C)￦ ￖ‫ڷںڷ‬Ζ‫ڴںں‬￦

SUMMARY OF ANSWERS:
1. C 2. A 3. A 4. B 5. C


PROBLEM 27-24 Noninterest-Bearing Note Lump Sum
￦

Question No. 1
ￖ¶©·©²¸￦º¥°¹©￦³ª￦ￖ¶­²§­´¥°￦Ϯ‫ڵ‬Ζ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦¼￦‫ڴ‬Κ‫ڼڵڵڻ‬￦ϯ￦￦ ￦ (B)￦ 854,160
￦
Amortization Table
Date Interest expense Present value
‫ڵڴ‬ϑ‫ڵڴ‬ϑ‫ڼڵڴڶ‬ ‫ڸڹڼ‬Ζ‫ڴںڵ‬
‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ڼڵڴڶ‬ 102,499 956,659
‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ڽڵڴڶ‬ ‫ڸڵڵ‬Ζ‫ڽڽڻ‬ ‫ڵ‬Ζ‫ڵڻڴ‬Ζ‫ڼڹڸ‬
‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ڴڶڴڶ‬￦ ‫ڼڶڵ‬Ζ‫ڶڸڹ‬￦ ‫ڵ‬Ζ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦
￦
Question No. 2
ￏ²¸©¶©·¸￦©¼´©²·©￦Ϯ‫ڸڹڼ‬Ζ‫ڴںڵ‬￦¼￦Κ‫ڶڵ‬ϯ￦ ￦ ￦ ￦ P102,499 (B)

261
Chapter 27: Financial Liabilities and Debt Restructuring

Question No. 3
￉¥¶¶½­²«￦¥±³¹²¸￦ ￦ￊ©§©±¦©¶￦‫ڵڷ‬Ζ￦‫ڼڵڴڶ‬￦ ￦ ￦ P956,659 (A)
￦
Question No. 4
Nil.￦ ￚ¬©￦ ©²¸­¶©￦ ²³¸©￦ ´¥½¥¦°©￦ ­·￦ ²³²§¹¶¶©²¸￦ °­¥¦­°­¸½￦ ·­²§©￦ ­¸￦ ­·￦ ¨¹©￦ ¦©½³²¨￦ ‫ڶڵ‬￦
±³²¸¬·￦ª¶³±￦¸¬©￦¶©´³¶¸­²«￦¨¥¸©Κ￦ ￦ ￦ ￦ ￦ ￦ (B)￦

Question No. 5
ￚ¬©￦ ¸³¸¥°￦ ©²¸­¶©￦ §¥¶¶½­²«￦ ¥±³¹²¸￦ ³ª￦ ²³¸©￦ ´¥½¥¦°©￦ ­·￦ ´¶©·©²¸©¨￦ ¥·￦ ²³²§¹¶¶©²¸￦
°­¥¦­°­¸½Κ￦￙©©￦ￗ¹©·¸­³²￦ￔ³Κ￦‫ڸ‬Κ￦ ￦ ￦ ￦ ￦ ￦ (A)￦
￦
SUMMARY OF ANSWERS:
1. B 2. B 3. A 4. B 5. A
￦
￦
PROBLEM 27-25 Noninterest-Bearing Note Installments
￦

Question No. 1
ￖ¶©·©²¸￦º¥°¹©￦³ª￦ￖ¶­²§­´¥°￦Ϯ‫ڴڴڸ‬Ζ‫ڴڴڴ‬￦￞￦‫ڶ‬Κ‫ڼڵڴڸ‬￦ϯ ￦ (D)￦ 960,720
￦
Amortization Table
Date Interest Interest Present
Payment expense Amortization value
‫ڵڴ‬ϑ‫ڵڴ‬ϑ‫ڼڵڴڶ‬￦ ￦ ￦ ￦ ‫ڴںڽ‬Ζ‫ڴڶڻ‬￦
‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ڼڵڴڶ‬￦ ‫ڴڴڸ‬Ζ‫ڴڴڴ‬￦ ‫ڹڵڵ‬Ζ‫ںڼڶ‬￦ ‫ڸڼڶ‬Ζ‫ڸڵڻ‬￦ ‫ںڻں‬Ζ‫ںڴڴ‬￦
‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ڽڵڴڶ‬ ‫ڴڴڸ‬Ζ‫ڴڴڴ‬ ‫ڵڼ‬Ζ‫ڵڶڵ‬￦ ‫ڼڵڷ‬Ζ‫ڽڻڼ‬￦ ‫ڻڹڷ‬Ζ‫ڻڶڵ‬
‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ڴڶڴڶ‬ ‫ڴڴڸ‬Ζ‫ڴڴڴ‬ ‫ڶڸ‬Ζ‫ڷڻڼ‬￦ ‫ڻڹڷ‬Ζ‫ڻڶڵ‬￦ Ο￦
￦
Question No. 2
P115,286. ￙©©￦¥±³¶¸­¾¥¸­³²￦¸¥¦°©￦¥¦³º©Κ￦ (A)

Question No. 3
P676,006. ￙©©￦¥±³¶¸­¾¥¸­³²￦¸¥¦°©￦¥¦³º©Κ￦￦ (A)

Question No. 4
ￖ¶­²§­´¥°￦Ϯ´¥½¥¦°©￦ￊ©§Κ￦‫ڵڷ‬Ζ￦‫ڽڵڴڶ‬ϯ￦ ￖ‫ڴڴڸ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό ￊ­·§³¹²¸￦³²￦²³¸©·￦´¥½¥¦°© ‫ڵڼ‬Ζ‫ڵڶڵ‬￦
￉¥¶¶½­²«￦¥±³¹²¸Ο§¹¶¶©²¸￦°­¥¦­°­¸½ ￦ (B)￦ ￖ‫ڼڵڷ‬Ζ‫ڽڻڼ‬￦

Question No. 5
ￖ¶­²§­´¥°￦Ϯ´¥½¥¦°©￦ￊ©§Κ￦‫ڵڷ‬Ζ￦‫ڴڶڴڶ‬ϯ￦ ￖ‫ڴڴڸ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦ￊ­·§³¹²¸￦³²￦²³¸©·￦´¥½¥¦°©￦ ‫ڶڸ‬Ζ‫ڷڻڼ‬￦
￉¥¶¶½­²«￦¥±³¹²¸Ο²³²§¹¶¶©²¸￦°­¥¦­°­¸½ (C)￦ ￖ‫ڻڹڷ‬Ζ‫ڻڶڵ‬￦
￦
SUMMARY OF ANSWERS:
1. D 2. A 3. A 4. B 5. C
262
Chapter 27: Financial Liabilities and Debt Restructuring

PROBLEM 27-26 Issuance, Retirement and Conversion of Non-Convertible

Bonds￦
￦

Question No. 1
ￖ¶©·©²¸￦º¥°¹©￦³ª￦ￖ¶­²§­´¥°￦Ϯ‫ڷ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦￞￦‫ڴ‬Κ‫ڽڽڸں‬￦ϯ￦ ‫ڵ‬Ζ‫ڽڸڽ‬Ζ‫ڸڽڻ‬￦
ￇ¨¨Ό￦ￖ¶©·©²¸￦º¥°¹©￦³ª￦­²¸©¶©·¸￦´¥½±©²¸·￦￦
￦￦Ϯ‫ڷ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦¼￦‫ܫڶڵ‬￦¼￦‫ڷ‬Κ‫ڻڽڼڼ‬￦ϯ￦ ‫ڵ‬Ζ‫ڴڴڸ‬Ζ‫ڸڻڶ‬￦
ￖ¶©·©²¸￦º¥°¹©￦³ª￦¸¬©￦¦³²¨·￦´¥½¥¦°©￦ (B)￦ ‫ڷ‬Ζ‫ڴڹڷ‬Ζ‫ڼںڴ‬￦

Amortization Table
Date Interest Interest Discount Present
payment expense Amortization value
‫ڵڴ‬ϑ‫ڵڴ‬ϑ‫ںڵڴڶ‬ ￦ ‫ڷ‬Ζ‫ڴڹڷ‬Ζ‫ڼںڴ‬￦
‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ںڵڴڶ‬￦ ‫ڴںڷ‬Ζ‫ڴڴڴ‬￦ ‫ڵڴڷ‬Ζ‫ںڴڹ‬￦ ‫ڼڹ‬Ζ‫ڸڽڸ‬￦ ‫ڷ‬Ζ‫ڵڽڶ‬Ζ‫ڸڻڹ‬￦
‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ڻڵڴڶ‬￦ ‫ڴںڷ‬Ζ‫ڴڴڴ‬￦ ‫ںڽڶ‬Ζ‫ڶڸڶ‬￦ ‫ڷں‬Ζ‫ڼڹڻ‬￦ ‫ڷ‬Ζ‫ڻڶڶ‬Ζ‫ںڵڼ‬￦

Question No. 2
￘©¸­¶©±©²¸￦ￖ¶­§©￦ ‫ڵ‬Ζ‫ڴڴڽ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦￉¥¶¶½­²«￦¥±³¹²¸￦Ϯ‫ڷ‬Ζ‫ڻڶڶ‬Ζ‫ںڵڼ‬￦¼￦‫ڵ‬ϑ‫ڶ‬ϯ￦ ‫ڵ‬Ζ‫ڷڵں‬Ζ‫ڼڴڽ‬￦
ￒ³··￦³²￦¶©¸­¶©±©²¸￦ ￦ ￦ (B)￦ ‫ںڼڶ‬Ζ‫ڶڽڴ‬￦

Question No. 3 (B)
Amortization table:
Interest Interest Present
Date payment expense Amortization value
‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ڻڵڴڶ‬￦ ￦ ￦ ￦ ‫ڵ‬Ζ‫ڷڵں‬Ζ‫ڼڴڽ‬￦
‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ڼڵڴڶ‬￦ ‫ڴڼڵ‬Ζ‫ڴڴڴ‬￦ 145,252 ‫ڸڷ‬Ζ‫ڼڸڻ‬￦ ‫ڵ‬Ζ‫ڽڻڹ‬Ζ‫ڴںڵ‬￦
￦
Question No. 4
ￌ¥­¶￦º¥°¹©￦³ª￦¸¬©￦³¶¨­²¥¶½￦·¬¥¶©·￦­··¹©¨￦Ϯ‫ڴںڸ‬￦¼￦‫ڹ‬Ζ‫ڴڴڴ‬ϯ￦ ￖ‫ڶ‬Ζ‫ڴڴڷ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦￉¥¶¶½­²«￦¥±³¹²¸￦³ª￦¸¬©￦°­¥¦­°­¸½￦ ‫ڵ‬Ζ‫ڽڻڹ‬Ζ‫ڴںڵ‬￦
ￒ³··￦³²￦§³²º©¶·­³² ￦ ￦ (D)￦ ￖ‫ڴڶڻ‬Ζ‫ڴڸڼ‬Є￦
￦

ￕ¶￦ￖ‫ڴڶڻ‬Ζ‫ڽڷڼ‬Є￦
￦
Question No. 5
ￌ¥­¶￦º¥°¹©￦³ª￦¸¬©￦³¶¨­²¥¶½￦·¬¥¶©·￦­··¹©¨￦Ϯ‫ڴںڸ‬￦¼￦‫ڹ‬Ζ‫ڴڴڴ‬ϯ￦ ￖ‫ڶ‬Ζ‫ڴڴڷ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦ￚ³¸¥°￦´¥¶￦º¥°¹©￦³ª￦¸¬©￦·¬¥¶©·￦­··¹©¨￦Ϯ‫ڴڸ‬￦¼￦‫ڹ‬Ζ‫ڴڴڴ‬ϯ￦ ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦
￙¬¥¶©￦ￖ¶©±­¹±￦ ￦ ￦ ￦ (D)￦ ￖ‫ڶ‬Ζ‫ڴڴڵ‬Ζ‫ڴڴڴ‬￦
￦

SUMMARY OF ANSWERS:
1. B 2. B 3. B 4. D 5. D

263
Chapter 27: Financial Liabilities and Debt Restructuring

PROBLEM 27-27 Issuance, Retirement and Conversion of Convertible

Bonds
￦

Question No. 1
ￚ³¸¥°￦ￖ¶³§©©¨·￦ ￦ ￖ‫ڷ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό ￖ¶©·©²¸￦ º¥°¹©￦ ³ª￦ ¸¬©￦ ¦³²¨·￦ »­¸¬³¹¸￦ ¸¬©￦
§³²º©¶·­³²￦³´¸­³²￦ ￦ ￦
￦￦ￖ¶©·©²¸￦º¥°¹©￦³ª￦ￖ¶­²§­´¥°￦Ϯ‫ڷ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦¼￦‫ڴ‬Κ‫ڸڻںڹ‬￦ϯ￦ ‫ڵ‬Ζ‫ڶڴڻ‬Ζ‫ڵڼڶ‬￦ ￦
￦￦ￖ¶©·©²¸￦ º¥°¹©￦ ³ª￦ ­²¸©¶©·¸￦ ´¥½±©²¸·￦ Ϯ‫ڴڴڷ‬Ζ‫ڴڴڴ‬￦ ¼￦ ‫ڵ‬Ζ‫ڵڼڴ‬Ζ‫ڷڷڸ‬￦
‫ڷ‬Κ‫ڼڸڴں‬￦ϯ￦ ‫ڶ‬Ζ‫ڷڼڻ‬Ζ‫ڷڵڻ‬￦
￘©·­¨¹¥°￦¥±³¹²¸￦¸³￦©µ¹­¸½￦ ￦ (B)￦ ‫ںڵڶ‬Ζ‫ڻڼڶ‬￦
￦

Amortization Table
Date Interest Interest Discount Present
payment expense Amortization value
‫ڵڴ‬ϑ‫ڵڴ‬ϑ‫ڼڵڴڶ‬￦ ￦ ￦ ￦ ‫ڶ‬Ζ‫ڷڼڻ‬Ζ‫ڷڵڻ‬￦
‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ڼڵڴڶ‬￦ ‫ڴڴڷ‬Ζ‫ڴڴڴ‬￦ ‫ڸڷڷ‬Ζ‫ںڸڴ‬￦ Ϯ‫ڸڷ‬Ζ‫ںڸڴ‬ϯ￦ ‫ڶ‬Ζ‫ڻڵڼ‬Ζ‫ڽڹڻ‬￦
‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ڽڵڴڶ‬ ‫ڴڴڷ‬Ζ‫ڴڴڴ‬￦ ‫ڼڷڷ‬Ζ‫ڵڷڵ‬ Ϯ‫ڼڷ‬Ζ‫ڵڷڵ‬ϯ ‫ڶ‬Ζ‫ڹڹڼ‬Ζ‫ڴڽڼ‬￦
￦
Question No. 2
ￌ¥­¶￦º¥°¹©￦³ª￦°­¥¦­°­¸½￦¹·­²«￦§¹¶¶©²¸￦¶¥¸©￦ ‫ڵ‬Ζ‫ڻڷڹ‬Ζ‫ڽںڽ‬￦
ￒ©··Ό￦￉¥¶¶½­²«￦¥±³¹²¸￦Ϯ‫ڶ‬Ζ‫ڻڵڼ‬Ζ‫ڽڹڻ‬￦¼￦‫ڏ‬ϯ ‫ڵ‬Ζ‫ڻڶڸ‬Ζ‫ڹڸڽ‬
ￒ³··￦³²￦·©¸¸°©±©²¸￦³ª￦°­¥¦­°­¸½￦ ￦ (B)￦ ‫ڴڵڵ‬Ζ‫ڸڶڴ‬
￦

ￖ¶©·©²¸￦º¥°¹©￦¹·­²«￦‫ܫڽ‬￦ª³¶￦‫ڷ‬￦´©¶­³¨·
ￖ¶©·©²¸￦º¥°¹©￦³ª￦ￖ¶­²§­´¥°￦Ϯ‫ڵ‬Ζ‫ڴڴڹ‬Ζ‫ڴڴڴ‬￦￞￦‫ڴ‬Κ‫ڶڶڻڻ‬ϯ￦ ‫ڵ‬Ζ‫ڼڹڵ‬Ζ‫ڹڻڶ‬￦
ￇ¨¨Ό￦ￖ¶©·©²¸￦º¥°¹©￦³ª￦­²¸©¶©·¸￦´¥½±©²¸·￦Ϯ‫ڴڹڵ‬Ζ‫ڴڴڴ‬￦￞￦‫ڶ‬Κ‫ڷڵڷڹ‬ϯ￦ ‫ڽڻڷ‬Ζ‫ڸڽں‬￦
ￖ¶©·©²¸￦º¥°¹©￦³ª￦¸¬©￦¦³²¨·￦´¥½¥¦°©￦ ‫ڵ‬Ζ‫ڻڷڹ‬Ζ‫ڽںڽ‬￦

Question No. 3￦
￘©¸­¶©±©²¸￦ￖ¶­§©￦ ‫ڵ‬Ζ‫ڴڴں‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦ￌ¥­¶￦º¥°¹©￦³ª￦°­¥¦­°­¸½￦¹·­²«￦§¹¶¶©²¸￦¶¥¸©￦ ‫ڵ‬Ζ‫ڻڷڹ‬Ζ‫ڽںڽ‬￦
ￊ©§¶©¥·©￦­²￦©µ¹­¸½￦ ￦ ￦ (C)￦ ‫ڶں‬Ζ‫ڵڷڴ‬￦
￦
Question No. 4￦
ￏ²¸©¶©·¸￦©¼´©²·©￦­·￦P338,131￦¦¥·©¨￦³²￦¸¬©￦¥±³¶¸­¾¥¸­³²￦¸¥¦°©￦¥¦³º©Κ￦ (D)￦
￦
Question No. 5
￙¬¥¶©·￦¸³￦¦©￦­··¹©¨￦¦¥·©¨￦³²￦¥±©²¨©¨￦¸©¶±·￦Ϯ‫ڵ‬Κ‫ڹ‬ￓϑ‫ڴڴڸ‬ϯ￦ ‫ڷ‬Ζ‫ڴڹڻ‬
ￒ©··Ό￦￙¬¥¶©·￦¸³￦¦©￦­··¹©¨￦¦¥·©¨￦³²￦³¶­«­²¥°￦¸©¶±·￦Ϯ‫ڵ‬Κ‫ڹ‬ￓϑ‫ڴڴڹ‬ϯ￦ ‫ڷ‬Ζ‫ڴڴڴ‬￦
ￏ²§¶©±©²¸¥°￦·¬¥¶©·￦ ‫ڴڹڻ‬￦
ￓ¹°¸­´°½￦¦½Ό￦ￌ¥­¶￦º¥°¹©￦ ‫ڴڶڸ‬￦
ￊ©¦¸￦·©¸¸°©±©²¸￦©¼´©²·© ￦ ￦ (C)￦ ‫ڹڵڷ‬Ζ‫ڴڴڴ‬

SUMMARY OF ANSWERS:
1. B 2. B 3. C 4. D 5. C
￦
264
Chapter 27: Financial Liabilities and Debt Restructuring

PROBLEM 27-28 Redeemable Preference Shares and Debentures

￦

Present value of the redeemable preference shares

ￖ¶©·©²¸￦º¥°¹©￦³ª￦ￖ¶­²§­´¥°￦Ϯ‫ڹڵ‬Ζ‫ڴڴڴ‬￦¼￦‫ڵ‬Κ‫ڹڴ‬￦¼￦‫ڴ‬Κ‫ڵںڵڶڻ‬￦ϯ￦ ‫ڵڵ‬Ζ‫ڹںڷ‬￦
ￇ¨¨Ό￦ￖ¶©·©²¸￦º¥°¹©￦³ª￦­²¸©¶©·¸￦´¥½±©²¸·￦Ϯ‫ڵ‬Ζ‫ڴڴڹ‬￦¼￦‫ڶ‬Κ‫ڼڴڷڶڸ‬￦ϯ￦ ‫ڷ‬Ζ‫ڹڷں‬￦
ￖ¶©·©²¸￦º¥°¹©￦³ª￦¸¬©￦´¶©ª©¶©²§©￦·¬¥¶©·￦ ‫ڹڵ‬Ζ‫ڴڴڴ‬

Amortization table:
Date Interest Interest Present
Payment Expense Amortization value
‫ڵڴ‬ϑ‫ڵڴ‬ϑ‫ںڵڴڶ‬￦ ￦ ￦ ￦ ‫ڹڵ‬Ζ‫ڴڴڴ‬￦
‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ںڵڴڶ‬￦ ‫ڵ‬Ζ‫ڴڴڹ‬￦ ‫ڵ‬Ζ‫ڷڶڻ‬￦ ‫ڷڶڶ‬￦ ‫ڹڵ‬Ζ‫ڷڶڶ‬￦
‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ڻڵڴڶ‬￦ ‫ڵ‬Ζ‫ڴڴڹ‬￦ ‫ڵ‬Ζ‫ڽڸڻ‬￦ ‫ڽڸڶ‬￦ ‫ڹڵ‬Ζ‫ڶڻڸ‬￦
‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ڼڵڴڶ‬ ‫ڵ‬Ζ‫ڴڴڹ‬￦ ‫ڵ‬Ζ‫ڼڻڻ‬￦ ‫ںڸڶ‬￦ ‫ڹڵ‬Ζ‫ڼڵڻ‬

Question No. 1
P1,723.￦￙©©￦¥±³¶¸­¾¥¸­³²￦¸¥¦°©￦¥¦³º©Κ￦ (B)

Question No. 2
P1,749. ￙©©￦¥±³¶¸­¾¥¸­³²￦¸¥¦°©￦¥¦³º©Κ (C)

Question No. 3
P1,778. ￙©©￦¥±³¶¸­¾¥¸­³²￦¸¥¦°©￦¥¦³º©Κ￦ (D)

Present value of the debentures
ￖ¶©·©²¸￦º¥°¹©￦³ª￦ￖ¶­²§­´¥°￦Ϯ‫ڴڶ‬Ζ‫ڴڴڴ‬￦¼￦‫ڵ‬Κ‫ڶڴ‬￦¼￦‫ڴ‬Κ‫ڸڼڼڷڹ‬￦ϯ￦ ‫ڴڵ‬Ζ‫ڶڽڽ‬￦
ￇ¨¨Ό￦ￖ¶©·©²¸￦º¥°¹©￦³ª￦­²¸©¶©·¸￦´¥½±©²¸·￦Ϯ‫ڴڴڸڶ‬￦¼￦￦‫ڷ‬Κ‫ڶڷڴڹ‬￦ϯ￦ ‫ڼ‬Ζ‫ڼڴڸ‬￦
ￖ¶©·©²¸￦º¥°¹©￦³ª￦¦³²¨·￦´¥½¥¦°© ‫ڽڵ‬Ζ‫ڴڴڸ‬

Amortization Table
Date Interest Interest Present
Payment Expense Amortization value
‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ڼڵڴڶ‬￦ ‫ڽڵ‬Ζ‫ڴڴڸ‬￦
‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ڽڵڴڶ‬￦ ‫ڶ‬Ζ‫ڴڴڸ‬￦ ‫ڶ‬Ζ‫ڸڹڹ‬￦ Ϯ‫ڸڹڵ‬ϯ￦ ‫ڽڵ‬Ζ‫ڸڹڹ‬￦

Question No. 4
P2,554. ￙©©￦¥±³¶¸­¾¥¸­³²￦¸¥¦°©￦¥¦³º©Κ￦ (B)

Question No. 5
P19,554. ￙©©￦¥±³¶¸­¾¥¸­³²￦¸¥¦°©￦¥¦³º©Κ￦ (B)

SUMMARY OF ANSWERS:
1. B 2. C 3. D 4. B 5. B



265
‫‪Chapter 27: Financial Liabilities and Debt Restructuring‬‬

‫ ‪PROBLEM 27-29‬‬
‫‪￦‬‬

‫ ‪Question No. 1‬‬

‫‪ￇ§§³¹²¸·￦´¥½¥¦°©Ζ￦¹²¥¨®¹·¸©¨￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڹڷ‪Ζ‬ڵ‪ￖ‬‬
‫‪ￍ³³¨￦­²￦¸¶¥²·­¸￦ￌￕ￈￦·¬­´´­²«￦´³­²¸￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڹڻ‬
‫¯§©¬§‪ￛ²¨©°­º©¶©¨￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴں‬
‫‪ￇ§§³¹²¸·￦´¥½¥¦°©Ζ￦¥¨®¹·¸©¨￦‬‬ ‫‪￦‬‬ ‫‪(D)￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڹڼڸ‪Ζ‬ڵ‪ￖ‬‬
‫ ‬
‫ ‪Question No. 2‬‬
‫‪ϯ￦‬ܫڸڵ‪￦¼￦‬ڴڴڴ‪Ζ‬ڴڹڶ‪Ζ‬ڵ‪￦ￔ³¸©￦´¥½¥¦°©￦Ϯ‬ܫڸڵ‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڹڻڵ‪ￖ‬‬
‫‪ϯ￦‬ܫںڵ‪￦¼￦‬ڴڴڴ‪Ζ‬ڴڴڴ‪Ζ‬ڷ‪￦ￔ³¸©￦´¥½¥¦°©￦Ϯ‬ܫںڵ‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڼڸ‬
‫‪ϯ￦‬ڶڵ‪ϑ‬ں‪￦¼￦‬ܫڴڵ‪￦¼￦‬ڴڴڴ‪Ζ‬ڴڴڴ‪Ζ‬ڶ‪￦ￔ³¸©￦´¥½¥¦°©￦Ϯ‬ܫڴڵ‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڴڵ‬
‫‪ￏ²¸©¶©·¸￦©¼´©²·©￦￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪(D)￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڹڹڻ‪ￖ‬‬
‫ ‬
‫ ‪Question No. 3‬‬
‫‪ϯ￦‬ڶڵ‪ϑ‬ڷ‪￦¼￦‬ܫڸڵ‪￦¼￦‬ڴڴڴ‪Ζ‬ڴڹڶ‪Ζ‬ڵ‪￦ￔ³¸©￦´¥½¥¦°©￦Ϯ‬ܫڸڵ‬ ‫‪￦‬ڴڹڻ‪Ζ‬ڷڸ‪ￖ‬‬
‫‪ϯ‬ڶڵ‪ϑ‬ڽ‪￦¼￦‬ܫںڵ‪￦¼￦‬ڴڴڴ‪Ζ‬ڴڴڴ‪Ζ‬ڷ‪￦ￔ³¸©￦´¥½¥¦°©￦Ϯ‬ܫںڵ‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴںڷ‬
‫‪ϯ￦‬ڶڵ‪ϑ‬ں‪￦¼￦‬ܫڴڵ‪￦¼￦‬ڴڴڴ‪Ζ‬ڴڴڴ‪Ζ‬ڶ‪￦ￔ³¸©￦´¥½¥¦°©￦Ϯ‬ܫڴڵ‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڴڵ‬
‫‪ￏ²¸©¶©·¸￦©¼´©²·©￦￦‬‬ ‫‪￦‬‬ ‫‪(C)￦‬‬ ‫‪￦‬ڴڹڻ‪Ζ‬ڷڴڹ‪ￖ‬‬
‫ ‬
‫ ‪Question Nos. 4 and 5‬‬
‫‪￦‬‬ ‫ ‪Current Noncurrent‬‬
‫‪ￇ§§³¹²¸·￦´¥½¥¦°©￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڹڼڸ‪Ζ‬ڵ‬ ‫‪￦‬‬
‫‪￦ￔ³¸©￦´¥½¥¦°©￦￦‬ܫڸڵ‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڹڶ‪Ζ‬ڵ‬ ‫‪￦‬‬
‫‪￦ￔ³¸©￦´¥½¥¦°©￦‬ܫںڵ‬ ‫‪￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڴڴ‪Ζ‬ڷ‬
‫©‪￦ￔ³¸©￦´¥½¥¦°‬ܫڴڵ‬ ‫‪￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڴڴ‪Ζ‬ڶ‬
‫‪ￇ§§¶¹©¨￦­²¸©¶©·¸￦´¥½¥¦°©￦‬‬ ‫‪￦‬ڴڹڻ‪Ζ‬ڷڴڹ‬ ‫‪￦‬‬
‫‪ￚ³¸¥°￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڴڴ‪Ζ‬ڹ‪￦ ￖ‬ڴڹڻ‪Ζ‬ڼڷڶ‪Ζ‬ڷ‪ￖ‬‬
‫ ‬ ‫ )‪(C‬‬ ‫ )‪(C‬‬
‫‪￦‬‬

‫ ‪SUMMARY OF ANSWERS:‬‬
‫ ‪1. D 2. D 3. C 4. C 5.‬‬ ‫‪C‬‬
‫ ‬
‫ ‬
‫‪PROBLEM 27-30 (Comprehensive)￦‬‬
‫‪￦‬‬

‫ ‪Question No. 1‬‬

‫‪￦ϯ￦‬ڼڵڵڷ‪Κ‬ڴ‪￦￞￦‬ڴڴڴ‪Ζ‬ڴڴڴ‪Ζ‬ڴڵ‪ￖ¶©·©²¸￦º¥°¹©￦³ª￦ￖ¶­²§­´¥°￦Ϯ‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڼڵڵ‪Ζ‬ڷ‬
‫‪￦ϯ￦‬ڶڽڽںڸ‪Κ‬ڵڵ‪￦￞￦‬ڴڴڴ‪Ζ‬ڴڴڹ‪ￇ¨¨Ό￦ￖ¶©·©²¸￦º¥°¹©￦³ª￦­²¸©¶©·¸￦´¥½±©²¸·￦Ϯ‬‬ ‫ڴںڽ‪Ζ‬ڸڷڻ‪Ζ‬ڹ‬
‫‪ￖ¶©·©²¸￦º¥°¹©￦³ª￦¸¬©￦¦³²¨·￦´¥½¥¦°©￦‬‬ ‫‪￦‬‬ ‫‪(A)￦‬‬ ‫‪￦‬ڴںڽ‪Ζ‬ڶڹڼ‪Ζ‬ڼ‬
‫ ‬
‫ ‪Question No. 2‬‬
‫‪￦‬ںڵڴڶ‪Ζ￦‬ڵ‪ￇ´¶­°￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڴڸ‪ￖ￦￦‬‬
‫ںڵڴڶ‪Ζ￦‬ڵ‪￐¹°½￦‬‬ ‫ڴڴڴ‪Ζ‬ڴڴں‬
‫‪￦‬ںڵڴڶ‪Ζ￦‬ڵ‪ￕ§¸³¦©¶￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڴڷ‬
‫‪￦‬ڻڵڴڶ‪Ζ￦‬ڵ‪￐¥²¹¥¶½￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڴڷ‬
‫‪ￔ³¸©·￦´¥½¥¦°©Ο§¹¶¶©²¸￦°­¥¦­°­¸½￦ ￦‬‬ ‫ ‬ ‫‪(B)￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڴں‪Ζ‬ڵ‪ￖ‬‬
‫‪266‬‬
Chapter 27: Financial Liabilities and Debt Restructuring

Question Nos. 3 and 4

Estimated liability from Warranties
ￊ­·¦¹¶·©±©²¸￦ª³¶￦ ‫ڴڼڵ‬Ζ‫ڴڴڴ‬￦ ￈©«­²²­²«￦¦¥°¥²§©￦
»¥¶¶¥²¸­©·￦ ‫ڼڹڷ‬Ζ‫ڴڴڴ‬￦
￈¥°¥²§©￦©²¨￦￦(A)￦ 342,000 520,000 ￝¥¶¶¥²¸½￦©¼´©²·©￦(C)￦
ￚ³¸¥°￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦‫ڴڴڻ‬Ζ‫ڴڴڴ‬￦

Question No. 5
(a) (b) ( c) d=b x c E=d-a
Accrued
Fixed Comm. Comm. Salaries
salary Net Sales Rate Expense Payable
ￇ￦ ‫ڴڵ‬Ζ‫ڴڴڴ‬￦ ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦ ‫ܫڸ‬￦ ‫ڼ‬Ζ‫ڴڴڴ‬￦ ‫ڴ‬￦
￈￦ ‫ڸڵ‬Ζ‫ڴڴڴ‬￦ ‫ڴڴڸ‬Ζ‫ڴڴڴ‬￦ ‫ܫں‬￦ ‫ڸڶ‬Ζ‫ڴڴڴ‬￦ ‫ڴڵ‬Ζ‫ڴڴڴ‬￦
￉￦ ‫ڼڵ‬Ζ‫ڴڴڴ‬￦ ‫ڴڴں‬Ζ‫ڴڴڴ‬￦ ‫ܫں‬￦ ‫ںڷ‬Ζ‫ڴڴڴ‬￦ ‫ڼڵ‬Ζ‫ڴڴڴ‬￦
ￚ³¸¥°￦ ￦ ￦ ￦ (C) P28,000

Question Nos. 6 and 7
￦ Current Noncurrent
ￏ²¸Κ￦´¥½¥¦°©￦Ο￦￈³²¨·￦Ϯ‫ڴڵ‬ￓ￦¼￦‫ܫڴڵ‬￦¼￦‫ڷ‬ϑ‫ڶڵ‬ϯ￦ ‫ڴڹڶ‬Ζ‫ڴڴڴ‬￦ ￦
ￏ²¸Κ￦´¥½¥¦°©￦Ο￦ￔ³¸©￦´¥½¥¦°©￦￦ ‫ڴڴں‬Ζ‫ڴڴڴ‬ ￦
ￔ³¸©·￦´¥½¥¦°©￦ ‫ڵ‬Ζ‫ڴڴں‬Ζ‫ڴڴڴ‬￦ ‫ڹ‬Ζ‫ڴڴڸ‬Ζ‫ڴڴڴ‬Є￦
ￋ·¸­±¥¸©¨￦»¥¶¶¥²¸­©·￦´¥½¥¦°©￦ ‫ڶڸڷ‬Ζ‫ڴڴڴ‬￦ ￦
ￚ¶¥¨©￦´¥½¥¦°©￦ ‫ڴڸڻ‬Ζ‫ڴڴڴ‬ ￦
￙¥°©·￦§³±±­··­³²·￦´¥½¥¦°©￦ ‫ڼڶ‬Ζ‫ڴڴڴ‬￦ ￦
￉¥·¬￦¨­º­¨©²¨·￦´¥½¥¦°©￦Ϯ‫ں‬ￓ￦¼￦ￖΚ‫ڶ‬ϯ￦ ‫ڵ‬Ζ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦ ￦
￈³²¨·￦´¥½¥¦°© ‫ڼ‬Ζ‫ڴڻڽ‬Ζ‫ڵڹڻ‬￦
ￚ³¸¥°￦ ￖ‫ڸ‬Ζ‫ڴںڻ‬Ζ‫ڴڴڴ‬ ￖ‫ڸڵ‬Ζ‫ڴڻڷ‬Ζ‫ڵڹڻ‬ЄЄ￦
(B) (C)

*(P7M-1.6M)
ЄЄ￦ ³¶￦ ￖ‫ڸڵ‬Ζ‫ڴڻڷ‬Ζ‫ڷڼڻ‬￦ »¬­§¬￦ ­·￦ ¸¬©￦ ·¥±©￦ ¥·￦ ￖ‫ڼ‬Ζ‫ڶڹڽ‬Ζ‫ڹڼڵ‬￦ ¼￦ ‫ܫڴڴڵ‬￦ ‫ܩ‬Ϯￋªª©§¸­º©￦ ¶¥¸©￦ ¼￦
±³²¸¬·￦³¹¸·¸¥²¨­²«ϑ‫ڶڵ‬ϯ￦±­²¹·￦´¥½±©²¸￦
￦

Or [(P8,952,185 x 103%) - P250,000]

￦

Amortization Table
Interest Interest Present
Date Payment Expense Amortization value
‫ڻڴ‬ϑ‫ڵڴ‬ϑ‫ڸڵڴڶ‬￦ ￦ ￦ ￦ ‫ڼ‬Ζ‫ڶڹڼ‬Ζ‫ڴںڽ‬￦
‫ڵڴ‬ϑ‫ڵڴ‬ϑ‫ڹڵڴڶ‬￦ ‫ڴڴڹ‬Ζ‫ڴڴڴ‬￦ ‫ڵڷڹ‬Ζ‫ڼڻڵ‬￦ ‫ڵڷ‬Ζ‫ڼڻڵ‬￦ ‫ڼ‬Ζ‫ڸڼڼ‬Ζ‫ڼڷڵ‬￦
‫ڻڴ‬ϑ‫ڵڴ‬ϑ‫ڹڵڴڶ‬ ‫ڴڴڹ‬Ζ‫ڴڴڴ‬ ‫ڷڷڹ‬Ζ‫ڼڸڴ‬￦ ‫ڷڷ‬Ζ‫ڼڸڴ‬￦ ‫ڼ‬Ζ‫ڻڵڽ‬Ζ‫ںڼڵ‬
‫ڵڴ‬ϑ‫ڵڴ‬ϑ‫ںڵڴڶ‬ ‫ڴڴڹ‬Ζ‫ڴڴڴ‬ ‫ڹڷڹ‬Ζ‫ڵڷڴ‬￦ ‫ڸڷ‬Ζ‫ڽڽڽ‬￦ ‫ڼ‬Ζ‫ڶڹڽ‬Ζ‫ڹڼڵ‬
‫ڷڴ‬ϑ‫ڵڷ‬ϑ‫ںڵڴڶ‬￦ ‫ڴڹڶ‬Ζ‫ڴڴڴ‬￦ ‫ڼںڶ‬Ζ‫ںںڹ‬￦ ‫ڼڵ‬Ζ‫ںںڹ‬￦ ‫ڼ‬Ζ‫ڴڻڽ‬Ζ‫ڵڹڻ‬￦
(8,952,185 x 12% x 3/12)

267
Chapter 27: Financial Liabilities and Debt Restructuring

SUMMARY OF ANSWERS:
1. A 2. B 3. A 4. C 5. C 6. B 7. C
￦
￦
PROBLEM 27-31 Financial liabilities, Investment in associate and research
and development cost
￦

Question No. 1
ￚ³¸¥°￦´¶³§©©¨·￦Ϯￖ‫ڴڴڵ‬￦¼￦‫ڶ‬ￓϯ￦ ‫ڴڴڶ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦ￖ¶©·©²¸￦º¥°¹©￦³ª￦¸¬©￦§³²º©¶¸­¦°©￦¨©¦¸￦Ϯ·©©￦ￔ³Κ￦‫ڶ‬ϯ￦ ‫ڵڼڵ‬Ζ‫ڹڷں‬Ζ‫ڴڴڶ‬￦
￙¬¥¶©￦´¶©±­¹±￦ ￦§³²º©¶·­³²￦´¶­º­°©«©￦ ‫ڼڵ‬Ζ‫ڸںڷ‬Ζ‫ڴڴڼ‬￦
ￒ©··Ό￦￙¬¥¶©￦­··¹¥²§©￦§³·¸￦ ‫ڸ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬
ￔ©¸￦¥±³¹²¸￦¥°°³§¥¸©¨ ¸³￦©µ¹­¸½￦ (C)￦ ‫ڸڵ‬Ζ‫ڸںڷ‬Ζ‫ڴڴڼ‬

Question No. 2
Present value of convertible debt without conversion option at 11.81%
ￖ¶©·©²¸￦º¥°¹©￦³ª￦ￖ¶­²§­´¥°￦Ϯ‫ڴڴڶ‬ￓ￦¼￦Κ‫ڸڹڵڻ‬ϯ￦ ‫ڷڸڵ‬Ζ‫ڴڼڴ‬Ζ‫ڴڴڴ‬￦
ￇ¨¨Ό￦ￖ¶©·©²¸￦º¥°¹©￦³ª￦­²¸©¶©·¸￦´¥½±©²¸·￦Ϯ‫ڴڴڶ‬ￓ￦¼￦Κ‫ڼڴ‬￦¼￦‫ڶ‬Κ‫ڻڽڴڸ‬ϯ￦ ‫ڼڷ‬Ζ‫ڹڹڹ‬Ζ‫ڴڴڶ‬
ￖ¶©·©²¸￦º¥°¹©￦³ª￦¸¬©￦§³²º©¶¸­¦°©￦¨©¦¸￦ (B)￦ ‫ڵڼڵ‬Ζ‫ڹڷں‬Ζ‫ڴڴڶ‬￦
￦
Question No. 3
ￏ²¸©¶©·¸￦©¼´©²·©￦Ϯ‫ڵڼڵ‬Ζ‫ڹڷں‬Ζ‫ڴڴڶ‬￦¼￦Κ‫ڵڼڵڵ‬ϯ (D)￦ ‫ڵڶ‬Ζ‫ڵڹڸ‬Ζ‫ڻڵڵ‬￦
￦
Question No. 4
ￔ©¸￦¥··©¸￦³ª￦ￍￒ￦ ‫ڴڼڷ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦￘©§³º©¶¥¦°©￦¥±³¹²¸￦ ‫ڴڻڷ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
ￏ±´¥­¶±©²¸￦°³··￦³ª￦ￍￒ￦ ‫ڴڵ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
ￓ¹°¸­´°½￦¦½Ό￦ￖ©¶§©²¸¥«©￦·¬¥¶© ‫ܫڴڶ‬
ￏ±´¥­¶±©²¸￦°³·· ￦ ￦ ￦ (C)￦ ‫ڶ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬
￦
Question No. 5
‫ڵ‬Κ￦ ￘©·©¥¶§¬￦³²￦·­¾©￦³ª￦´³¸©²¸­¥°￦±¥¶¯©¸￦ ￦￦￦￦‫ڴڴڼ‬Ζ‫ڴڴڴ‬￦
‫ں‬Κ ￙¸¥ªª￦¸¶¥­²­²«￦§³·¸·￦ ‫ڴڴں‬Ζ‫ڴڴڴ‬
‫ڻ‬Κ￦ ￇ¨º©¶¸­·©±©²¸￦§³·¸·￦ ‫ڷ‬Ζ‫ڴڴڸ‬Ζ‫ڴڴڴ‬￦
￦ ￚ³¸¥°￦¥±³¹²¸￦©¼´©²·©¨￦ ￦ (B)￦ ‫ڸ‬Ζ‫ڴڴڼ‬Ζ‫ڴڴڴ‬￦
￦
Question No. 6
‫ڶ‬Κ ￖ¶³¨¹§¸·￦¨©·­«²­²«￦ ‫ڵ‬Ζ‫ڴڴڹ‬Ζ‫ڴڴڴ‬
‫ڷ‬Κ￦ ￒ¥¦³¶￦§³·¸·￦­²￦¶©ª­²©±©²¸￦³ª￦´¶³¨¹§¸·￦ ‫ڴڹڽ‬Ζ‫ڴڴڴ‬￦
‫ڸ‬Κ￦ ￊ©º©°³´±©²¸￦ »³¶¯￦ ¹²¨©¶¸¥¯©²￦ ¸³￦ ª­²¥°­¾©￦ ¸¬©￦
´¶³¨¹§¸￦¨©·­«²￦ ‫ڵڵ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
￦ ￚ³¸¥°￦ￊ©º©°³´±©²¸￦§³·¸￦§¥´­¸¥°­¾©¨ (C)￦ ‫ڷڵ‬Ζ‫ڴڹڸ‬Ζ‫ڴڴڴ‬
￦
SUMMARY OF ANSWERS:
1. C 2. B 3. D 4. C 5. B 6. C

268
Chapter 27: Financial Liabilities and Debt Restructuring

PROBLEM 27-32 Financial Liability at FVTPL vs. FLAC

￦
CASE NO. 1
Question No. 1
ￏ²­¸­¥°￦§¥¶¶½­²«￦¥±³¹²¸￦­·￦ª¥­¶￦º¥°¹©￦³¶￦­··¹¥²§©￦´¶­§©￦³ª￦ ‫ڵ‬Ζ‫ڼڽڼ‬Ζ‫ڹڴڶ‬Κ￦ￚ¶¥²·¥§¸­³²￦
§³·¸￦­·￦©¼´©²·©¨￦³¹¸¶­«¬¸Κ￦(D)
￦
Question No. 2
ￏ²¸©¶©·¸￦©¼´©²·©￦Ϯ ‫ڶ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦¼￦‫ܫڼ‬ϯ‫ܥ‬￦ ￦￦‫ڴںڵ‬Ζ‫ڴڴڴ‬￦(A)￦
￦
Question No. 3
ￌ¥­¶￦º¥°¹©￦‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ڻڵڴڶ‬￦Ϯ‫ڵ‬Κ‫ڶڴ‬￦¼￦ ‫ڶ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬ϯ￦ ‫ڶ‬Ζ‫ڴڸڴ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦ￏ²­¸­¥°￦§¥¶¶½­²«￦¥±³¹²¸￦ ‫ڵ‬Ζ‫ڼڽڼ‬Ζ‫ڹڴڶ‬￦
ￛ²¶©¥°­¾©¨￦°³··￦ ￦ ￦ (C)￦ ￦￦￦‫ڵڸڵ‬Ζ‫ڹڽڻ‬￦
￦
Question No. 4
￉¥¶¶½­²«￦º¥°¹©￦Ϯ ‫ڶ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦¼￦Κ‫ڼڽ‬ϯ‫ܥ‬￦ ￦￦‫ڵ‬Ζ‫ڴںڽ‬Ζ‫ڴڴڴ‬￦(C)￦
￦
Question No. 5
ￌ¥­¶￦º¥°¹©￦‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ڽڵڴڶ‬￦ϮΚ‫ڽڽ‬￦¼￦ ‫ڶ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬ϯ￦ ‫ڵ‬Ζ‫ڴڼڽ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦￉¥¶¶½­²«￦º¥°¹©￦ϮΚ‫ڼڽ‬￦ ￦ ‫ڵ‬Ζ‫ڴںڽ‬Ζ‫ڴڴڴ‬
ￛ²¶©¥°­¾©¨￦°³·· ￦ ￦ (D)￦ ￦￦￦￦￦￦‫ڴڶ‬Ζ‫ڴڴڴ‬
￦
Question No. 6
￘©¸­¶©±©²¸￦´¶­§©￦Ϯ‫ڵ‬Κ‫ڹڴ‬￦¼￦ ‫ڶ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬ϯ￦ ‫ڶ‬Ζ‫ڴڴڵ‬Ζ‫ڴڴڴ‬￦
ￇ¨¨Ό￦ￚ¶¥²·¥§¸­³²￦§³·¸ ‫ڴڶ‬Ζ‫ڴڴڴ‬
ￚ³¸¥°￦¶©¸­¶©±©²¸￦´¶­§© ‫ڶ‬Ζ‫ڴڶڵ‬Ζ‫ڴڴڴ‬
ￒ©··Ό￦￉¥¶¶½­²«￦º¥°¹©￦ϮΚ‫ڼڽ‬￦ ￦ ‫ڵ‬Ζ‫ڴڼڽ‬Ζ‫ڴڴڴ‬￦
ￒ³··￦³²￦¨©¶©§³«²­¸­³²￦ ￦ (A)￦ ￦￦￦￦‫ڴڸڵ‬Ζ‫ڴڴڴ‬￦
￦
SUMMARY OF ANSWERS:
1. D 2. A 3. C 4. C 5. D 6. A
￦
CASE NO. 2
￦
Question No. 7
ￏ··¹©￦´¶­§©￦ ‫ڵ‬Ζ‫ڼڽڼ‬Ζ‫ڹڴڶ‬
ￒ©··Ό￦ￚ¶¥²·¥§¸­³²￦§³·¸￦ ‫ڹڶ‬Ζ‫ڴڴڴ‬￦
ￏ²­¸­¥°￦§¥¶¶½­²«￦¥±³¹²¸￦ ￦ (C)￦ ￦￦‫ڵ‬Ζ‫ڷڻڼ‬Ζ‫ڹڴڶ‬￦
￦
Question No. 8
ￋªª©§¸­º©￦­²¸©¶©·¸￦¶¥¸©￦‫ܥ‬￦￦‫ܫڴڵ‬￦(B)￦
ￖ°©¥·©￦¶©ª©¶￦¸³￦¨­·§¹··­³²￦³²￦­²¸©¶´³°¥¸­³²Κ￦
￦

269
Chapter 27: Financial Liabilities and Debt Restructuring

Question No. 9
ￏ²¸©¶©·¸￦©¼´©² ￦¼￦‫ܫڴڵ‬ϯ‫ܥ‬￦ ￦￦‫ڻڼڵ‬Ζ‫ڵڶڷ‬￦(B)￦
￦
Question No. 10
ￔ³￦«¥­²￦³¶￦°³··￦¨¹©￦¸³￦§¬¥²«©￦­²￦ª¥­¶￦º¥°¹©￦­·￦²³¸￦¶©§³«²­¾©¨. (D)￦
￦
Question No. 11
￉¥¶¶½­²«￦º¥°¹©￦‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ڼڵڴڶ‬￦ ￦ (A)￦ ‫ڵ‬Ζ‫ڴڷڽ‬Ζ‫ڽڻڹ‬￦
￦
Question No. 12
￘©¸­¶©±©²¸￦´¶­§©￦Ϯ‫ڵ‬Κ‫ڹڴ‬￦¼￦ ‫ڶ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬ϯ￦ ‫ڶ‬Ζ‫ڴڴڵ‬Ζ‫ڴڴڴ‬￦
ￇ¨¨Ό￦ￚ¶¥²·¥§¸­³²￦§³·¸ ‫ڴڶ‬Ζ‫ڴڴڴ‬
ￚ³¸¥°￦¶©¸­¶©±©²¸￦´¶­§©￦ ‫ڶ‬Ζ‫ڴڶڵ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦￉¥¶¶½­²«￦º¥°¹©￦ ￦‫ڵڴ‬ϑ‫ڵڴ‬ϑ‫ڴڶڴڶ‬￦ ‫ڵ‬Ζ‫ڷںڽ‬Ζ‫ںڷں‬￦
ￒ³··￦³²￦¨©¶©§³«²­¸­³²￦ ￦ (B)￦ ￦￦￦￦‫ںڹڵ‬Ζ‫ڸںڷ‬￦
￦
SUMMARY OF ANSWERS:
7. C 8. B 9. B 10. D 11. A 12. B
￦
￦
PROBLEM 27-33 Refinancing of Loan, Notes Payable Interest and Non-
Interest Bearing
￦

Question No. 1 (A)

ￖ©¶­³¨­§￦´¥½±©²¸Οￔￖ￦ￊ©°­º©¶½￦©µ¹­´±©²¸￦
Ϯￖ‫ڶ‬ￓϑ‫ڸ‬ϯ￦ ‫ڴڴڹ‬Ζ‫ ڴڴڴ‬
ￓ¹°¸­´°½￦¦½￦ￖￜ￦³ª￦³¶¨­²¥¶½￦¥²²¹­¸½￦ ‫ڷ‬Κ‫ڷڻڷڴ‬
ￖ¶©·©²¸￦º¥°¹©￦³ª￦ￔￖΟ¨©°­º©¶½￦©µ¹­´±©²¸￦ 1,518,650

Amortization table:
Payment Interest Discount Present
Date Expense Amortization value
‫ڵڴ‬ϑ‫ڵڴ‬ϑ‫ڼڵڴڶ‬￦ ‫ڵ‬Ζ‫ڼڵڹ‬Ζ‫ڴڹں‬￦
‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ڼڵڴڶ‬ ‫ڴڴڹ‬Ζ‫ڴڴڴ‬ ‫ڶڼڵ‬Ζ‫ڼڷڶ‬￦ ‫ڻڵڷ‬Ζ‫ڶںڻ‬ ‫ڵ‬Ζ‫ڴڴڶ‬Ζ‫ڼڼڼ‬￦
‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ڽڵڴڶ‬￦ ‫ڴڴڹ‬Ζ‫ڴڴڴ‬￦ ‫ڸڸڵ‬Ζ‫ ڻڴڵ‬ ‫ڹڹڷ‬Ζ‫ڷڽڼ‬￦ ‫ڸڸڼ‬Ζ‫ڹڽڽ‬￦
￦

Question Nos. 2 and 3

￦ Noncurrent Current
‫ܫڶڵ‬￦ￔ³¸©￦´¥½¥¦°©￦ ‫ڵ‬Ζ‫ڴڴڸ‬Ζ‫ڴڴڴ‬￦ ‫ڴڴڻ‬Ζ‫ڴڴڴ‬￦
‫ܫڴڵ‬￦²³¸©￦´¥½¥¦°©￦ ‫ڶ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦ ￦
ￔ³¸©￦´¥½¥¦°©Ο¨©°Κ￦ￋµ¹­´±©²¸ ‫ڸڸڼ‬Ζ‫ڹڽڽ‬￦ ‫ڹڹڷ‬Ζ‫ڷڽڼ‬￦
ￚ³¸¥°￦ 4,244,995 1,055,893
￦

Question No. 4
Accrued interest payable-12% Note payable
‫ܥ‬ￖ‫ڶ‬Ζ‫ڴڴڵ‬Ζ‫ڴڴڴ‬￦¼￦‫ܫڶڵ‬￦¼￦‫ڼ‬ϑ‫ڶڵ‬￦
=P168,000
270
Chapter 27: Financial Liabilities and Debt Restructuring
￦

Question No. 5
Interest expense:￦
‫ܫڶڵ‬￦ￔ³¸©￦´¥½¥¦°©￦ ￦
￦￦￦‫ڵ‬ϑ‫ڵ‬Ο‫ڹ‬ϑ‫ڵ‬￦Ϯ‫ڶ‬Κ‫ڼ‬ￓ￦¼￦‫ܫڶڵ‬￦¼￦‫ڸ‬ϑ‫ڶڵ‬ϯ￦ ‫ڶڵڵ‬Ζ‫ڴڴڴ‬￦
￦￦￦‫ڹ‬ϑ‫ڵ‬Ο‫ڶڵ‬ϑ‫ڵڷ‬￦Ϯ‫ڶ‬Κ‫ڵ‬ￓ￦¼￦‫ܫڶڵ‬￦¼￦‫ڼ‬ϑ‫ڶڵ‬ϯ￦ ‫ڼںڵ‬Ζ‫ڴڴڴ‬￦
‫ܫڴڵ‬￦ￔ³¸©￦´¥½¥¦°©￦Ϯ‫ڶ‬ￓ￦¼￦‫ܫڴڵ‬ϯ￦ ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦
ￔ³¸©￦´¥½¥¦°©￦Ο￦ￊ©°­º©¶½Κ￦ￋµ¹­´±©²¸￦
Ϯ·©©￦¥±³¶¸­¾¥¸­³²￦¸¥¦°©ϯ￦ ‫ڶڼڵ‬Ζ‫ڼڷڶ‬￦
ￚ³¸¥°￦ ‫ڶںں‬Ζ‫ڼڷڶ‬￦
￦

SUMMARY OF ANSWERS:
1. A 2. B 3. B 4. B 5. C
￦

271
Chapter 28 Lease

CHAPTER 28: LEASE

￦
PROBLEM 27-1 Unequal rental payments
￦

‫ںڵڴڶ‬￦ ‫ڴڶ‬Ζ‫ڴڴڴ‬￦
‫ڻڵڴڶ‬￦ ‫ڼڵ‬Ζ‫ڴڴڴ‬￦
‫ڼڵڴڶ‬￦ ‫ںڵ‬Ζ‫ڴڴڴ‬￦
‫ڽڵڴڶ‬￦ ‫ڸڵ‬Ζ‫ڴڴڴ‬￦
ￚ³¸¥°￦¶©²¸￦ ‫ڼں‬Ζ‫ڴڴڴ‬￦
ￊ­º­¨©￦¦½Ό￦ￔ¹±¦©¶￦³ª￦½©¥¶·￦ ‫ڸ‬￦
￘©²¸￦©¼´©²·©￦´©¶￦½©¥¶￦ ￦ (C)￦ ‫ڻڵ‬Ζ‫ڴڴڴ‬￦


PROBLEM 28-2 Operating Lease - Unequal rental payments￦
￦

‫ڻڴ‬ϑ‫ڵڴ‬ϑ‫ڹڵڴڶ‬￦¸³￦‫ںڴ‬ϑ‫ڴڷ‬ϑ‫ںڵڴڶ‬￦ ‫ڴں‬Ζ‫ڴڴڴ‬￦
‫ڻڴ‬ϑ‫ڵڴ‬ϑ‫ںڵڴڶ‬￦¸³￦‫ںڴ‬ϑ‫ڴڷ‬ϑ‫ڻڵڴڶ‬￦ ‫ڴڽ‬Ζ‫ڴڴڴ‬￦
‫ڻڴ‬ϑ‫ڵڴ‬ϑ‫ڻڵڴڶ‬￦¸³￦‫ںڴ‬ϑ‫ڴڷ‬ϑ‫ڼڵڴڶ‬￦ ‫ڴڵڶ‬Ζ‫ڴڴڴ‬￦
ￚ³¸¥°￦ ‫ڴںڷ‬Ζ‫ڴڴڴ‬￦
ￊ­º­¨©￦¦½Ό￦ￒ©¥·©￦¸©¶±￦ ‫ڷ‬￦
￘©²¸￦­²§³±©￦´©¶￦½©¥¶￦ ‫ڴڶڵ‬Ζ‫ڴڴڴ‬￦
￦

￘©²¸￦­²§³±©￦¸³￦¨¥¸©￦Ϯ‫ڴڶڵ‬Ζ‫ڴڴڴ‬￦¼￦‫ڶ‬ϯ￦ ‫ڴڸڶ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦ ￉³°°©§¸­³²￦ ¸³￦ ¨¥¸©￦ Ϯ‫ڴں‬Ζ‫ڴڴڴ‬￦ ‫ܩ‬￦ ￦
‫ڴڽ‬Ζ‫ڴڴڴ‬ϯ￦ ‫ڴڹڵ‬Ζ‫ڴڴڴ‬￦
￘©²¸￦¶©§©­º¥¦°©￦ ￦ ￦ (A)￦ ‫ڴڽ‬Ζ‫ڴڴڴ‬￦
￦
￦
PROBLEM 28-3 Operating Lease - Comprehensive
￦

CASE NO. 1
Question No. 1
ￖ©¶­³¨­§￦¶©²¸Ο³²©￦½©¥¶￦Ϯ ￦ (B)￦ ‫ڴڴڷ‬Ζ‫ڴڴڴ‬￦
￦

CASE NO. 2
Question No. 2
ￖ©¶­³¨­§￦¶©²¸Ο³²©￦½©¥¶￦ ‫ڴڴڷ‬Ζ‫ڴڴڴ‬
ￇ±³¶¸­¾¥¸­³²￦³ª￦°©¥·©￦¦³²¹·￦Ϯ‫ڴڼڵ‬Ζ‫ڴڴڴ‬￦ϑ￦‫ڷ‬￦ϯ￦ ‫ڴں‬Ζ‫ڴڴڴ‬￦
￘©²¸￦©¼´©²·©￦ ￦ ￦ (C)￦ ‫ڴںڷ‬Ζ‫ڴڴڴ‬￦
￦

CASE NO. 3
Question No. 3
ￚ³¸¥°￦°©¥·©￦´¥½±©²¸·￦σϮ‫ڷ‬￦¼￦‫ڶڵ‬ϯ￦ ￦‫ں‬ϯ￦¼￦‫ڹڶ‬Ζ‫ڴڴڴ‬σ￦ ‫ڴڹڻ‬Ζ‫ڴڴڴ‬￦
ￊ­º­¨©￦¦½Ό￦ￒ©¥·©￦¸©¶±￦ ‫ڷ‬
￘©²¸￦©¼´©²·©￦´©¶￦½©¥¶￦ (D)￦ ‫ڴڹڶ‬Ζ‫ڴڴڴ‬
￦

272
Chapter 28 Lease

Question No. 4
ￚ³¸¥°￦´¥½±©²¸·￦¸³￦¨¥¸©Ζ￦‫ڼڵڴڶ‬￦Ϯ‫ں‬￦¼￦‫ڹڶ‬Ζ‫ڴڴڴ‬￦ϯ ‫ڴڹڵ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦ￚ³¸¥°￦©¼´©²·©￦¸³￦¨¥¸©Ζ￦‫ڼڵڴڶ‬￦ ‫ڴڹڶ‬Ζ‫ڴڴڴ‬￦
ￇ§§¶¹©¨￦¶©²¸￦´¥½¥¦°©￦ (D)￦ ‫ڴڴڵ‬Ζ‫ڴڴڴ‬￦
￦

CASE NO. 4
Question No. 5
ￚ³¸¥°￦°©¥·©￦´¥½±©²¸·￦ ￦ ￦
￦Ϯ‫ڹڶ‬Ζ‫ڴڴڴ‬￦¼￦‫ڶ‬￦¼ ‫ڶڵ‬￦ϯ ‫ڴڴں‬Ζ‫ڴڴڴ‬￦
￦Ϯ‫ڴڷ‬Ζ‫ڴڴڴ‬￦¼￦‫ڵ‬￦¼￦‫ڶڵ‬￦ϯ￦ ‫ڴںڷ‬Ζ‫ڴڴڴ‬￦ ‫ڴںڽ‬Ζ‫ڴڴڴ‬￦
ￊ­º­¨©￦¦½Ό￦ￒ©¥·©￦¸©¶±￦ ￦ ‫ڷ‬￦
￘©²¸￦©¼´©²·©￦´©¶￦½©¥¶￦ ￦ (A)￦ ￦ ‫ڴڶڷ‬Ζ‫ڴڴڴ‬￦

Question No. 6
ￚ³¸¥°￦´¥½±©²¸·￦¸³￦¨¥¸©Ζ￦‫ڼڵڴڶ‬￦ ‫ڴڴڷ‬Ζ‫ڴڴڴ‬
ￒ©··Ό￦ￚ³¸¥°￦©¼´©²·©￦¸³￦¨¥¸©Ζ￦‫ڼڵڴڶ‬￦ ‫ڴڶڷ‬Ζ‫ڴڴڴ‬￦
ￇ§§¶¹©¨￦¶©²¸￦´¥½¥¦°©￦ ￦ (D)￦ Ϯ‫ڴڶ‬Ζ‫ڴڴڴ‬ϯ￦
￦

CASE NO. 5
Question No. 7
￘©²¸￦￘©º©²¹©￦ ‫ڴڴڷ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦ￇ±³¶¸­¾¥¸­³²￦³ª￦ￊ­¶©§¸￦￉³·¸ Ϯ‫ڴڶڵ‬Ζ‫ڴڴڴ‬￦ϑ￦‫ڷ‬ϯ ‫ڴڸ‬Ζ‫ڴڴڴ‬
￦￦￦￦￦￦￦￦￦￦￦ￏ²·¹¶¥²§©￦ ¥²¨￦ ´¶³´©¶¸½￦ ¸¥¼￦ ©¼´©²·©￦ ³²￦ ‫ڴڸ‬Ζ‫ڴڴڴ‬￦
￦ °©¥·©¨￦¥··©¸￦
￦￦￦￦￦￦￦￦￦￦￦ￊ©´¶©§­¥¸­³²￦³ª￦¸¬©￦°©¥·©¨￦¥··©¸￦ ‫ڴڷ‬Ζ‫ڴڴڴ‬
ￔ©¸￦­²§³±© ￦ ￦ (A) ‫ڴڽڵ‬Ζ‫ڴڴڴ‬
￦

CASE NO. 6￦
Question No. 8
ￖ©¶­³¨￦¶©²¸￦ª³¶￦³²©￦½©¥¶￦ ‫ڴڴڷ‬Ζ‫ڴڴڴ‬￦
ￇ¨¨Ό￦￉³²¸­²«©²¸￦¶©²¸￦ ￦
‫¸·ڵ‬￦σϮ‫ڶ‬Ζ‫ڴڴڹ‬Ζ‫ڴڴڴ‬￦ ￦‫ڵ‬Ζ‫ڴڴڹ‬Ζ‫ڴڴڴ‬ϯ￦¼￦‫ܫڴڵ‬σ ‫ڴڴڵ‬Ζ‫ڴڴڴ‬
‫ڶ‬²¨￦σϮ‫ں‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦ ￦‫ڶ‬Ζ‫ڴڴڹ‬Ζ‫ڴڴڴ‬ϯ￦¼￦‫ܫڼ‬σ￦ ‫ڴڼڶ‬Ζ‫ڴڴڴ‬￦ ‫ڴڼڷ‬Ζ‫ڴڴڴ‬￦
ￚ³¸¥°￦¶©²¸￦©¼´©²·©￦ ￦ (A)￦ ‫ڴڼں‬Ζ‫ڴڴڴ‬￦
￦

SUMMARY OF ANSWERS:
1. B 2. C 3. D 4. D 5. A
6. D 7. A 8. A
￦
￦
PROBLEM 28-4 Finance Lease - Lease Liability￦
￦

(A) ￚ¬©￦§¥´­¸¥°­¾©¨￦°©¥·©￦°­¥¦­°­¸½￦·¬³¹°¨￦¦©￦¸¬©￦¥²²¹¥°￦°©¥·©￦´¥½±©²¸·￦°©··￦¸¬©￦
©¼©§¹¸³¶½￦§³·¸￦Ϯ¶©¥°￦©·¸¥¸©￦¸¥¼©·ϯ￦¸­±©·￦¸¬©￦´¶©·©²¸￦º¥°¹©￦ª¥§¸³¶￦ª³¶￦¥²￦³¶¨­²¥¶½￦
¥²²¹­¸½￦³ª￦‫ڵ‬￦ª³¶￦²­²©￦½©¥¶·￦¥¸￦‫ܫڽ‬Κ￦ￚ¬©￦§¥°§¹°¥¸­³²￦»³¹°¨￦¦©Ό￦Ϯￖ‫ںڶ‬Ζ‫ڴڴڴ‬￦Ο￦‫ڵ‬Ζ‫ڴڴڴ‬ϯ￦‫ڃ‬￦
‫ں‬Κ‫ڴ‬￦‫ܥ‬￦ￖ‫ڴڹڵ‬Ζ‫ڴڴڴ‬Κ￦ￚ¬©￦¶©¥°￦©·¸¥¸©￦¸¥¼©·￦¥¶©￦¥￦´©¶­³¨￦§³·¸￦¥²¨￦·¬³¹°¨￦¦©￦§¬¥¶«©¨￦¸³￦
©¼´©²·©Κ￦
￦

273
Chapter 28 Lease

PROBLEM 28-5 Finance Lease with Bargain Purchase Option

￦

Question No. 1 (A)

ￖ¶©·©²¸￦º¥°¹©￦³ª￦´©¶­³¨­§￦´¥½±©²¸￦Ϯ‫ڴڶڵ‬Ζ‫ڴڴڴ‬￦¼￦￦‫ڷ‬Κ‫ڼڵڴڸ‬ϯ￦ ‫ڼڴڸ‬Ζ‫ڴڶڶ‬￦
ￇ¨¨Ό￦ￖ¶©·©²¸￦º¥°¹©￦³ª￦¦¥¶«¥­²￦´¹¶§¬¥·©￦³´¸­³²￦Ϯ‫ڴڶ‬Ζ‫ڴڴڴ‬￦¼￦‫ڴ‬Κ‫ڹڹڷں‬ϯ￦ ‫ڶڵ‬Ζ‫ڴڵڻ‬￦
ￖ¶©·©²¸￦º¥°¹©￦³ª￦±­²­±¹±￦°©¥·©￦´¥½±©²¸·￦ ‫ڴڶڸ‬Ζ‫ںڶڽ‬￦
￦

Amortization Table
Annual Interest Present
Date payment expense Amortization value
‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ڼڵڴڶ‬￦ ￦ ￦ ‫ڴڶڸ‬Ζ‫ںڶڽ‬￦
‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ڼڵڴڶ‬￦ ‫ڴڶڵ‬Ζ‫ڴڴڴ‬￦ Ο￦ ‫ڴڶڵ‬Ζ‫ڴڴڴ‬￦ ‫ڴڴڷ‬Ζ‫ںڶڽ‬￦
‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ڽڵڴڶ‬￦ ‫ڴڶڵ‬Ζ‫ڴڴڴ‬￦ 36,111 83,889 217,037
‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ڴڶڴڶ‬￦ ‫ڴڶڵ‬Ζ‫ڴڴڴ‬￦ ‫ںڶ‬Ζ‫ڸڸڴ‬￦ ‫ڷڽ‬Ζ‫ںڹڽ‬￦ ‫ڷڶڵ‬Ζ‫ڶڼڴ‬￦
‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ڵڶڴڶ‬￦ ‫ڴڶڵ‬Ζ‫ڴڴڴ‬ ‫ڸڵ‬Ζ‫ڴڻڻ‬￦ ‫ڹڴڵ‬Ζ‫ڴڷڶ‬￦ ‫ڻڵ‬Ζ‫ڵڹڼ‬￦
‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ڶڶڴڶ‬￦ ‫ڴڶ‬Ζ‫ڴڴڴ‬￦ ‫ڶ‬Ζ‫ڶڸڵ‬￦ ‫ڻڵ‬Ζ‫ڼڹڼ‬￦ Ϯ‫ں‬ϯ￦

Question No. 2 (B)
P36,111Κ￦￙©©￦¥±³¶¸­¾¥¸­³²￦¸¥¦°©￦¥¦³º©Κ￦

Question No. 3 (C)
P83,889Κ￦￙©©￦¥±³¶¸­¾¥¸­³²￦¸¥¦°©￦¥¦³º©Κ￦

Question No. 4 (B)￦
P217,037Κ￦￙©©￦¥±³¶¸­¾¥¸­³²￦¸¥¦°©￦¥¦³º©Κ￦
￦

SUMMARY OF ANSWERS:
1. A 2. B 3. C 4. B
￦
￦
PROBLEM 28-6 With Guaranteed Residual Value and Initial Direct Cost
￦

CASE NO. 1
Question No. 1
ￖ¶©·©²¸￦º¥°¹©￦³ª￦´©¶­³¨­§￦´¥½±©²¸￦Ϯ‫ڴڷڵ‬Ζ‫ڴڴڴ‬￦¼￦‫ڷ‬Κ‫ڽںڼڸ‬ϯ￦ ‫ڷڹڸ‬Ζ‫ڻڽڶ‬￦
ￇ¨¨Ό￦ￖ¶©·©²¸￦º¥°¹©￦³ª￦«¹¥¶¥²¸©©¨￦¶©·­¨¹¥°￦º¥°¹©￦Ϯ‫ڴڹ‬Ζ‫ڴڴڴ‬￦¼￦‫ڴ‬Κ‫ڷڼں‬ϯ￦ ‫ڸڷ‬Ζ‫ڴڹڵ‬￦
ￖ¶©·©²¸￦º¥°¹©￦³ª￦±­²­±¹±￦°©¥·©￦´¥½±©²¸·￦ ‫ڻڼڸ‬Ζ‫ڻڸڸ‬
ￇ¨¨Ό￦ￏ²­¸­¥°￦¨­¶©§¸￦§³·¸￦ ‫ڴڸ‬Ζ‫ڴڴڴ‬￦
￉³·¸￦³ª￦¸¬©￦ￓ¥§¬­²©¶½￦ ￦ (C)￦ ‫ڻڶڹ‬Ζ‫ڻڸڸ‬￦
￦

Amortization Table
Annual Interest Present
Date payment expense Amortization value
‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ڼڵڴڶ‬￦ ￦ ￦ ￦ ‫ڻڼڸ‬Ζ‫ڻڸڸ‬￦
‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ڼڵڴڶ‬ ‫ڴڷڵ‬Ζ‫ڴڴڴ‬ Ο￦ ‫ڴڷڵ‬Ζ‫ڴڴڴ‬￦ ‫ڻڹڷ‬Ζ‫ڻڸڸ‬￦
‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ڽڵڴڶ‬￦ ‫ڴڷڵ‬Ζ‫ڴڴڴ‬￦ 35,745 94,255 263,192
‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ڴڶڴڶ‬￦ ‫ڴڷڵ‬Ζ‫ڴڴڴ‬￦ ‫ںڶ‬Ζ‫ڽڵڷ‬￦ ‫ڷڴڵ‬Ζ‫ڵڼں‬￦ ‫ڽڹڵ‬Ζ‫ڵڵڹ‬￦
‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ڵڶڴڶ‬ ‫ڴڷڵ‬Ζ‫ڴڴڴ‬ ‫ڹڵ‬Ζ‫ڵڹڽ‬￦ ‫ڸڵڵ‬Ζ‫ڽڸڴ‬￦ ‫ڹڸ‬Ζ‫ڶںڸ‬￦
‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ڶڶڴڶ‬￦ ‫ڴڹ‬Ζ‫ڴڴڴ‬￦ ‫ڸ‬Ζ‫ڼڷڹ‬￦ ‫ڹڸ‬Ζ‫ڶںڸ‬￦ ‫ڴ‬￦
274
Chapter 28 Lease

Question No. 2 (B)

P35,745Κ￦￙©©￦¥±³¶¸­¾¥¸­³²￦¸¥¦°©￦¥¦³º©Κ￦

Question No. 3 (C)
P94,255Κ￦￙©©￦¥±³¶¸­¾¥¸­³²￦¸¥¦°©￦¥¦³º©Κ￦

Question No. 4 (B)￦
P263,192Κ￦￙©©￦¥±³¶¸­¾¥¸­³²￦¸¥¦°©￦¥¦³º©Κ￦

CASE NO. 2
Question No. 5
ￖ¶©·©²¸￦º¥°¹©￦³ª￦´©¶­³¨­§￦´¥½±©²¸￦Ϯ‫ڴڷڵ‬Ζ‫ڴڴڴ‬￦¼￦‫ڷ‬Κ‫ںڶڶڸ‬ϯ ‫ڸڸڸ‬Ζ‫ڼڷڽ‬
ￇ¨¨Ό￦ￖ¶©·©²¸￦º¥°¹©￦³ª￦«¹¥¶¥²¸©©¨￦¶©·­¨¹¥°￦º¥°¹©￦Ϯ‫ڴڹ‬Ζ‫ڴڴڴ‬￦¼￦‫ڴ‬Κ‫ڻڸں‬ϯ￦ ‫ڶڷ‬Ζ‫ڴڹڷ‬￦
ￖ¶©·©²¸￦º¥°¹©￦³ª￦±­²­±¹±￦°©¥·©￦´¥½±©²¸·￦‫ܥ‬￦ￌ¥­¶￦º¥°¹©￦ ‫ڻڻڸ‬Ζ‫ڼڼڶ‬￦
ￇ¨¨Ό￦ￏ²­¸­¥°￦¨­¶©§¸￦§³·¸￦ ‫ڴڸ‬Ζ‫ڴڴڴ‬￦
￉³·¸￦³ª￦¸¬©￦ￓ¥§¬­²©¶½￦ ￦ (D)￦ ‫ڻڵڹ‬Ζ‫ڼڼڶ‬
￦

Amortization Table: Effective rate = 11.50%

Annual Interest Present
Date payment expense Amortization value
‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ڼڵڴڶ‬￦ ￦ ￦ ￦ ‫ڻڻڸ‬Ζ‫ڼڼڶ‬￦
‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ڼڵڴڶ‬￦ ‫ڴڷڵ‬Ζ‫ڴڴڴ‬￦ Ο￦ ‫ڴڷڵ‬Ζ‫ڴڴڴ‬￦ ‫ڻڸڷ‬Ζ‫ڼڼڶ‬￦
‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ڽڵڴڶ‬￦ ‫ڴڷڵ‬Ζ‫ڴڴڴ‬￦ 39,938 90,062 257,226
‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ڴڶڴڶ‬￦ ‫ڴڷڵ‬Ζ‫ڴڴڴ‬ ‫ڽڶ‬Ζ‫ڵڼڹ‬￦ ‫ڴڴڵ‬Ζ‫ڽڵڸ‬￦ ‫ںڹڵ‬Ζ‫ڻڴڼ‬￦
‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ڵڶڴڶ‬￦ ‫ڴڷڵ‬Ζ‫ڴڴڴ‬￦ ‫ڼڵ‬Ζ‫ڷڷڴ‬￦ ‫ڵڵڵ‬Ζ‫ڻںڽ‬￦ ‫ڸڸ‬Ζ‫ڴڸڼ‬￦
‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ڶڶڴڶ‬￦ ‫ڴڹ‬Ζ‫ڴڴڴ‬￦ ‫ڹ‬Ζ‫ڴںڵ‬￦ ‫ڸڸ‬Ζ‫ڴڸڼ‬￦ Ϯ‫ڴ‬ϯ￦

Question No. 6 (D)
P39,938Κ￦￙©©￦¥±³¶¸­¾¥¸­³²￦¸¥¦°©￦¥¦³º©Κ￦

Question No. 7 (A)
P90,062Κ￦￙©©￦¥±³¶¸­¾¥¸­³²￦¸¥¦°©￦¥¦³º©Κ￦

Question No. 8 (D)￦
P257,226Κ￦￙©©￦¥±³¶¸­¾¥¸­³²￦¸¥¦°©￦¥¦³º©Κ￦

SUMMARY OF ANSWERS:
1. C 2. B 3. C 4. B 5. D 6. D 7. A 8. D

PROBLEM 28-7 Finance Lease - Depreciation
￦

Question No. 1￦
￉³·¸￦³ª￦¸¬©￦°©¥·©￦¥··©¸￦ ‫ڻڼڸ‬Ζ‫ڻڸڸ‬￦
ￒ©··Ό￦ￋ·¸­±¥¸©¨￦¶©·­¨¹¥°￦º¥°¹©￦©²¨￦³ª￦¸¬©￦¹·©ª¹°￦°­ª©￦³ª￦¸¬©￦¥··©¸￦ ‫ڴں‬Ζ‫ڴڴڴ‬￦
ￊ©´¶©§­¥¦°©￦§³·¸￦ ‫ڻڶڸ‬Ζ‫ڻڸڸ‬￦
ￊ­º­¨©￦¦½Ό￦ￛ·©ª¹°￦°­ª©￦ ‫ڼ‬
ￊ©´¶©§­¥¸­³²￦ ￦ ￦ (A)￦ ‫ڷڹ‬Ζ‫ڵڷڸ‬￦
275
Chapter 28 Lease

Question No. 2
￉³·¸￦³ª￦¸¬©￦°©¥·©￦¥··©¸ ‫ڻڼڸ‬Ζ‫ڻڸڸ‬
ￒ©··Ό￦ￍ¶³··￦¥±³¹²¸￦³ª￦«¹¥¶¥²¸©©¨￦¶©·­¨¹¥°￦º¥°¹©￦ ‫ڴڹ‬Ζ‫ڴڴڴ‬￦
ￊ©´¶©§­¥¦°©￦¥±³¹²¸￦ ‫ڻڷڸ‬Ζ‫ڻڸڸ‬￦
ￊ­º­¨©￦¦½Ό￦ￒ©¥·©￦¸©¶±￦ ‫ڸ‬￦
ￊ©´¶©§­¥¸­³²￦ ￦ ￦ (B)￦ ‫ڽڴڵ‬Ζ‫ڶںڷ‬￦


PROBLEM 28-8 Computation of Periodic Lease Payments
￦

ￌ¥­¶￦º¥°¹©￦ ‫ڴڴڼ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦ￖ¶©·©²¸￦ￜ¥°¹©￦³ª￦ￍ¹¥¶¥²¸©©¨￦￘©·­¨¹¥°￦ￜ¥°¹©￦ ‫ڽڹ‬Ζ‫ڴڷں‬￦
ￚ³¸¥°￦ ‫ڴڸڻ‬Ζ‫ڴڻڷ‬
ￊ­º­¨©￦¦½Ό￦ￖ¶©·©²¸￦º¥°¹©￦³ª￦ￇ²²¹­¸½￦ￊ¹©￦ ‫ڸ‬Κ‫ڻڽڼڼ‬￦
ￖ©¶­³¨­§￦°©¥·©￦´¥½±©²¸·￦ ￦ (B)￦ ‫ڵڹڵ‬Ζ‫ڸڵڸ‬￦


PROBLEM 28-9 Direct Financing Lease - Lessor
￦

Question No. 1￦
ￍ¶³··￦ￏ²º©·¸±©²¸Ό￦ ￦ ￦
ￚ³¸¥°￦ￖ©¶­³¨­§￦ￒ©¥·©￦ￖ¥½±©²¸￦Ϯ‫ڵںڶ‬Ζ‫ڶڽں‬￦¼￦‫ڸ‬ϯ￦ Є‫ڵ‬Ζ‫ںڸڴ‬Ζ‫ڹڻڻ‬￦ ￦
ￇ¨¨Ό￦ￛ²«¹¥¶¥²¸©©¨￦￘©·­¨¹¥°￦º¥°¹©￦Ϯￛ￘ￜϯ ‫ڴڹڵ‬Ζ‫ڵ ڴڴڴ‬Ζ‫ںڽڵ‬Ζ‫ڹڻڻ‬
ￒ©··Ό￦￉³·¸￦³ª￦¸¬©￦©µ¹­´±©²¸ ‫ڵ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬
ￛ²©¥¶²©¨￦­²¸©¶©·¸￦­²§³±© (C)￦ ￦ ‫ںڽڵ‬Ζ‫ڹڻڻ‬￦
￦

*‫ڵ‬Ζ‫ںڸڴ‬Ζ‫ ڴڻڻ‬OR ‫ڵ‬Ζ‫ںڸڴ‬Ζ‫ ڹڻڻ‬

￦

Amortization Table
Annual Interest Present
Date Collection Income Amortization value
‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ڼڵڴڶ‬￦ ￦ ￦ ￦ ‫ڵ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ڼڵڴڶ‬￦ ‫ڵںڶ‬Ζ‫ڶڽں‬ Ο￦ ‫ڵںڶ‬Ζ‫ڶڽں‬￦ ‫ڼڷڻ‬Ζ‫ڼڴڷ‬￦
‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ڽڵڴڶ‬￦ ‫ڵںڶ‬Ζ‫ڶڽں‬￦ 81,214 180,479 ‫ڻڹڹ‬Ζ‫ڽڶڼ‬￦
‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ڴڶڴڶ‬￦ ‫ڵںڶ‬Ζ‫ڶڽں‬￦ ‫ڵں‬Ζ‫ڵںڷ‬￦ ‫ڴڴڶ‬Ζ‫ڵڷڷ‬￦ ‫ڻڹڷ‬Ζ‫ڼڽڸ‬￦
‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ڵڶڴڶ‬￦ ‫ڵںڶ‬Ζ‫ڶڽں‬ ‫ڽڷ‬Ζ‫ڹڶڷ‬￦ ‫ڶڶڶ‬Ζ‫ڼںڷ‬￦ ‫ڹڷڵ‬Ζ‫ڴڷڵ‬￦
‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ڶڶڴڶ‬￦ ‫ڴڹڵ‬Ζ‫ڴڴڴ‬￦ ‫ڸڵ‬Ζ‫ڸںڼ‬￦ ‫ڹڷڵ‬Ζ‫ںڷڵ‬￦ Ϯ‫ں‬ϯ￦
￦
Question No. 2 (C)
P81,214Κ￦￙©©￦¥±³¶¸­¾¥¸­³²￦¸¥¦°©￦¥¦³º©Κ￦

Question No. 3 (A)
P180,479Κ￦￙©©￦¥±³¶¸­¾¥¸­³²￦¸¥¦°©￦¥¦³º©Κ￦
￦
SUMMARY OF ANSWERS:
1. C 2. C 3. A
￦
￦
276
Chapter 28 Lease

PROBLEM 28-10 Direct Financing Lease - With Initial Direct Cost

￦

Question No. 1￦
ￍ¶³··￦ￏ²º©·¸±©²¸Ό￦ ￦ ￦
ￚ³¸¥°￦ￖ©¶­³¨­§￦ￒ©¥·©￦ￖ¥½±©²¸￦Ϯ‫ڵڹڶ‬Ζ‫ڴڴں‬￦￞￦‫ڸ‬ϯ￦ Є‫ڵ‬Ζ‫ںڴڴ‬Ζ‫ڶڴڸ‬￦ ￦
ￇ¨¨￦ￛ²«¹¥¶¥²¸©©¨￦￘©·­¨¹¥°￦º¥°¹©￦Ϯￛ￘ￜϯ￦ Ο￦ ‫ڵ‬Ζ‫ںڴڴ‬Ζ‫ڶڴڸ‬￦
ￒ©··Ό￦￉³·¸￦³ª￦¸¬©￦©µ¹­´±©²¸ ‫ڸڶڽ‬Ζ‫ڼڶڵ‬
ￛ²©¥¶²©¨￦­²¸©¶©·¸￦­²§³±© (A) ‫ڶڼ‬Ζ‫ڷڻڶ‬
￦

*4,796,278 OR *4,796,280
￦

￉³·¸ ³ª￦¸¬©￦©µ¹­´±©²¸￦ ‫ڴڴڽ‬Ζ‫ڴڴڴ‬￦

ￇ¨¨Ό￦ￏ²­¸­¥°￦¨­¶©§¸￦§³·¸￦ ‫ڸڶ‬Ζ‫ڼڶڵ‬￦
ￔ©¸￦§³·¸￦³ª￦­²º©·¸±©²¸￦ ‫ڸڶڽ‬Ζ‫ڼڶڵ‬￦
￦

Amortization Table
Annual Interest Present
Date Collection Income Amortization value
‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ڼڵڴڶ‬￦ ￦ ￦ ￦ ‫ڸڶڽ‬Ζ‫ڼڶڵ‬￦
‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ڼڵڴڶ‬￦ ‫ڵڹڶ‬Ζ‫ڴڴں‬￦ Ο￦ ‫ڵڹڶ‬Ζ‫ڴڴں‬￦ ‫ڶڻں‬Ζ‫ڼڶڹ‬￦
‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ڽڵڴڶ‬￦ ‫ڵڹڶ‬Ζ‫ڴڴں‬ 40,352 211,428 ‫ڵںڸ‬Ζ‫ڴڼڶ‬￦
‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ڴڶڴڶ‬￦ ‫ڵڹڶ‬Ζ‫ڴڴں‬￦ ‫ڻڶ‬Ζ‫ڻڻں‬￦ ‫ڷڶڶ‬Ζ‫ڷڶڽ‬￦ ‫ڻڷڶ‬Ζ‫ڻڹڷ‬￦
‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ڵڶڴڶ‬￦ ‫ڵڹڶ‬Ζ‫ڴڴں‬￦ ‫ڸڵ‬Ζ‫ڷڸڶ‬￦ ‫ڻڷڶ‬Ζ‫ڻڹڷ‬￦ ‫ڵ‬￦

Question No. 2 (D)
P40,352Κ￦￙©©￦¥±³¶¸­¾¥¸­³²￦¸¥¦°©￦¥¦³º©Κ￦

Question No. 3 (D)
P211,428. ￙©©￦¥±³¶¸­¾¥¸­³²￦¸¥¦°©￦¥¦³º©Κ￦

SUMMARY OF ANSWERS:
1. A 2. D 3. D


PROBLEM 28-11 Direct Financing Lease - Sale Of Leased Asset
￦

CASE NO. 1
Question No. 1
ￍ¶³··￦ￏ²º©·¸±©²¸Ό
￦￦ￚ³¸¥°￦´©¶­³¨­§￦°©¥·©￦´¥½±©²¸·￦Ϯ‫ڴڴڷ‬Ζ‫ڴڴڴ‬￦¼￦‫ڸ‬ϯ￦ ‫ڵ‬Ζ‫ڴڴڶ‬Ζ‫ ڴڴڴ‬
￦￦ￇ¨¨Ό￦￘©·­¨¹¥°￦ￜ¥°¹©￦ ‫ڴڹ‬Ζ‫ڴڴڴ‬￦ ‫ڵ‬Ζ‫ڴڹڶ‬Ζ‫ ڴڴڴ‬
ￖ¶©·©²¸￦º¥°¹©￦³ª￦¸¬©￦°©¥·©¨￦¥··©¸￦ ￦ ￦
￦ￖ¶©·©²¸￦ º¥°¹©￦ ³ª￦ ±­²­±¹±￦ °©¥·©￦ ´¥½±©²¸·￦
Ϯ‫ڴڴڷ‬Ζ‫ڴڴڴ‬￦¼￦‫ڷ‬Κ‫ڵڶڵڷ‬ϯ￦ ‫ڷڽڽ‬Ζ‫ڴڷں‬￦ ￦
￦ￇ¨¨Ό￦ ￖ¶©·©²¸￦ º¥°¹©￦ ³ª￦ ¶©·­¨¹¥°￦ º¥°¹©￦ Ϯ‫ڴڹ‬Ζ‫ڴڴڴ‬￦ ¼￦
Κ‫ڹڷڻ‬ϯ￦ ‫ںڷ‬Ζ‫ڴڹڻ‬￦ ‫ڵ‬Ζ‫ڴڷڴ‬Ζ‫ڴڼڷ‬￦
ￛ²©¥¶²©¨￦­²¸©¶©·¸￦­²§³±© (A) 219,620
￦

277
Chapter 28 Lease

Amortization Table
Annual Interest Present
Date Collection Income Amortization value
‫ڵڴ‬ϑ‫ڵڴ‬ϑ‫ڼڵڴڶ‬￦ ￦ ￦ ￦ ‫ڵ‬Ζ‫ڴڷڴ‬Ζ‫ڴڼڷ‬￦
‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ڼڵڴڶ‬￦ ‫ڴڴڷ‬Ζ‫ڴڴڴ‬￦ ‫ڶڼ‬Ζ‫ڴڷڸ‬￦ ‫ڻڵڶ‬Ζ‫ڴڻڹ‬￦ ‫ڶڵڼ‬Ζ‫ڴڵڼ‬￦
‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ڽڵڴڶ‬￦ ‫ڴڴڷ‬Ζ‫ڴڴڴ‬￦ ‫ڹں‬Ζ‫ڹڶڴ‬￦ ‫ڸڷڶ‬Ζ‫ڹڻڽ‬￦ ‫ڻڻڹ‬Ζ‫ڹڷڼ‬￦
‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ڴڶڴڶ‬￦ ‫ڴڴڷ‬Ζ‫ڴڴڴ‬ ‫ںڸ‬Ζ‫ڻڶڶ‬￦ ‫ڷڹڶ‬Ζ‫ڷڻڻ‬￦ ‫ڸڶڷ‬Ζ‫ڶںڴ‬￦
‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ڵڶڴڶ‬￦ ‫ڴڹڷ‬Ζ‫ڴڴڴ‬￦ ‫ڹڶ‬Ζ‫ںڴڽ‬￦ ‫ڸڶڷ‬Ζ‫ڸڽڴ‬￦ Ϯ‫ڶڷ‬ϯ￦
￦
Question No. 2
P82,430Κ￦￙©©￦¥±³¶¸­¾¥¸­³²￦¸¥¦°©￦¥¦³º©Κ￦

Question No. 3: Guaranteed
￙¥°©·￦ ‫ڵ‬Ζ‫ڴڷڴ‬Ζ‫ڴڼڷ‬￦
ￒ©··Ό￦￉³·¸￦³ª￦«³³¨·￦·³°¨￦ ‫ڴڴڽ‬Ζ‫ڴڴڴ‬￦
￦￦￦￦￦￦￦￦￦￦￦ￏ²­¸­¥°￦¨­¶©§¸￦§³·¸￦ ‫ڴڵ‬Ζ‫ڴڴڴ‬￦
ￊ©¥°©¶‫·ك‬￦´¶³ª­¸￦ ￦ ￦ (B)￦ ‫ڴڶڵ‬Ζ‫ڴڼڷ‬￦
￦
Question No. 4
ￔ­°Κ￦ ￦ ￦ ￦ (A)￦
￦

The journal entry is:

ￏ²º©²¸³¶½￦ ‫ڸڸ‬Ζ‫ڴڴڴ‬￦ ￦
￉¥·¬￦ ‫ں‬Ζ‫ڴڴڴ‬
￦￦￦￦ￒ©¥·©￦¶©§©­º¥¦°©￦ ‫ڴڹ‬Ζ‫ڴڴڴ‬￦

SUMMARY OF ANSWERS:
1. A 2. B 3. B 4. A

CASE NO. 2
Question No. 1
ￍ¶³··￦ￏ²º©·¸±©²¸Ό
￦￦ￚ³¸¥°￦´©¶­³¨­§￦°©¥·©￦´¥½±©²¸·￦Ϯ‫ڴڴڷ‬Ζ‫ڴڴڴ‬￦¼￦‫ڸ‬ϯ￦ ‫ڵ‬Ζ‫ڴڴڶ‬Ζ‫ ڴڴڴ‬
￦￦ￇ¨¨Ό￦￘©·­¨¹¥°￦ￜ¥°¹© ‫ڴڹ‬Ζ‫ڵ ڴڴڴ‬Ζ‫ڴڹڶ‬Ζ‫ڴڴڴ‬
ￖ¶©·©²¸￦º¥°¹©￦³ª￦¸¬©￦°©¥·©¨￦¥··©¸￦ ￦ ￦
￦ￖ¶©·©²¸￦ º¥°¹©￦ ³ª￦ ±­²­±¹±￦ °©¥·©￦ ´¥½±©²¸·￦
Ϯ‫ڴڴڷ‬Ζ‫ڴڴڴ‬￦¼￦‫ڷ‬Κ‫ڵڶڵڷ‬ϯ￦ ‫ڷڽڽ‬Ζ‫ڴڷں‬￦ ￦
￦ￇ¨¨Ό￦ ￖ¶©·©²¸￦ º¥°¹©￦ ³ª￦ ¶©·­¨¹¥°￦ º¥°¹©￦ Ϯ‫ڴڹ‬Ζ‫ڴڴڴ‬￦ ¼￦
Κ‫ڹڷڻ‬ϯ￦ ‫ںڷ‬Ζ‫ڴڹڻ‬￦ ‫ڵ‬Ζ‫ڴڷڴ‬Ζ‫ڴڼڷ‬￦
ￛ²©¥¶²©¨￦­²¸©¶©·¸￦­²§³±©￦ (A)￦ ￦ 219,620￦

Question No. 2 (B)
Amortization Table
Annual Interest Present
Date Collection Income Amortization value
‫ڵڴ‬ϑ‫ڵڴ‬ϑ‫ڼڵڴڶ‬￦ ￦ ￦ ￦ ‫ڵ‬Ζ‫ڴڷڴ‬Ζ‫ڴڼڷ‬￦

278
Chapter 28 Lease

‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ڼڵڴڶ‬￦ ‫ڴڴڷ‬Ζ‫ڴڴڴ‬￦ 82,430 ‫ڻڵڶ‬Ζ‫ڴڻڹ‬￦ ‫ڶڵڼ‬Ζ‫ڴڵڼ‬￦

‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ڽڵڴڶ‬￦ ‫ڴڴڷ‬Ζ‫ڴڴڴ‬￦ ‫ڹں‬Ζ‫ڹڶڴ‬￦ ‫ڸڷڶ‬Ζ‫ڹڻڽ‬￦ ‫ڻڻڹ‬Ζ‫ڹڷڼ‬￦
‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ڴڶڴڶ‬￦ ‫ڴڴڷ‬Ζ‫ڴڴڴ‬ ‫ںڸ‬Ζ‫ڻڶڶ‬￦ ‫ڷڹڶ‬Ζ‫ڷڻڻ‬￦ ‫ڸڶڷ‬Ζ‫ڶںڴ‬￦
‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ڵڶڴڶ‬￦ ‫ڴڹڷ‬Ζ‫ڴڴڴ‬￦ ‫ڹڶ‬Ζ‫ںڴڽ‬￦ ‫ڸڶڷ‬Ζ‫ڸڽڴ‬￦ Ϯ‫ڶڷ‬ϯ￦

Question No. 3: Unguaranteed
￙¥°©·￦ ‫ڷڽڽ‬Ζ‫ڴڷں‬
ￒ©··Ό￦ￔ©¸￦§³·¸￦
￦￉³·¸￦³ª￦«³³¨·￦·³°¨￦ ‫ڴڴڽ‬Ζ‫ڴڴڴ‬￦
￦￦ￒ©··Ό￦ￖ¶©·©²¸￦º¥°¹©￦³ª￦ￛ￘ￜ￦ ‫ںڷ‬Ζ‫ڴڹڻ‬￦ ‫ڷںڼ‬Ζ‫ڴڹڶ‬
ￏ²­¸­¥°￦¨­¶©§¸￦§³·¸￦ ￦ ‫ڴڵ‬Ζ‫ڴڴڴ‬￦
ￊ©¥°©¶‫·ك‬￦´¶³ª­¸￦ ￦ ￦ (B)￦ ￦ ‫ڴڶڵ‬Ζ‫ڴڼڷ‬￦

Question No. 4 (B)
ￖ‫ں‬Ζ‫ڴڴڴ‬Κ￦￦
￦

The journal entry is:

ￏ²º©²¸³¶½￦ ‫ڸڸ‬Ζ‫ڴڴڴ‬￦ ￦
ￒ³··￦³²￦·¥°©·￦¸½´©￦ ‫ں‬Ζ‫ڴڴڴ‬￦ ￦
￦￦￦￦ￒ©¥·©￦¶©§©­º¥¦°©￦ ‫ڴڹ‬Ζ‫ڴڴڴ‬

SUMMARY OF ANSWERS:
1. A 2. B 3. B 4. B


PROBLEM 28-12 Sales-Type Lease
￦

ￔ©¸￦￙©°°­²«￦ￖ¶­§© ‫ڴڴڸ‬Ζ‫ڴڴڴ‬
ￒ©··Ό￦ￖ¶©·©²¸￦º¥°¹©￦³ª￦°©¥·©￦¶©§©­º¥¦°©￦ ‫ڴڹڵ‬Ζ‫ڴڴڴ‬￦
ￍ¥­²￦³²￦·¥°©￦ ￦ ￦ (D)￦ ‫ڴڹڶ‬Ζ‫ڴڴڴ‬￦


PROBLEM 28-13 Sale and Leaseback as Finance Lease
￦

Question No. 1￦
￙¥°©·￦ￖ¶­§©￦ ‫ڷڽڽ‬Ζ‫ڴڷں‬￦
ￒ©··Ό￦￉¥¶¶½­²«￦¥±³¹²¸￦ ‫ڵ‬Ζ‫ڴڴڵ‬Ζ‫ڴڴڴ‬￦
ￒ³··￦³²￦·¥°©￦¥²¨￦°©¥·©¦¥§¯ (B)￦ Ϯ‫ںڴڵ‬Ζ‫ڴڻڷ‬ϯ￦

Question No. 2￦
￙¥°©·￦ￖ¶­§© ‫ڷڽڽ‬Ζ‫ڴڷں‬
ￒ©··Ό￦￉¥¶¶½­²«￦¥±³¹²¸￦ ‫ڴڴڽ‬Ζ‫ڴڴڴ‬￦
ￊ©ª©¶¶©¨￦«¥­²￦³²￦·¥°©￦¥²¨￦°©¥·©¦¥§¯￦ ‫ڷڽ‬Ζ‫ڴڷں‬￦
ￊ­º­¨©￦¦½Ό￦ￒ©¥·©￦¸©¶±￦ ‫ڸ‬
ￍ¥­²￦³²￦·¥°©￦¥²¨￦°©¥·©¦¥§¯ (D)￦ ‫ڷڶ‬Ζ‫ڼڴڸ‬

279
Chapter 28 Lease

PROBLEM 28-14 Sale and Leaseback as Operating Lease - Treatment of

Gain
￦

Question No. 1 (B)￦

￙¥°©·￦ￖ¶­§©￦‫ܥ‬￦ￌ¥­¶￦º¥°¹©￦ ‫ڴڴڼ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦￉¥¶¶½­²«￦¥±³¹²¸￦ ‫ڴڴڹ‬Ζ‫ڴڴڴ‬￦
ￍ¥­²￦³²￦·¥°©￦Ο ¶©§³«²­¾©￦­±±©¨­¥¸©°½ ‫ڴڴڷ‬Ζ‫ڴڴڴ‬

Question No. 2 (D)
￙¥°©·￦´¶­§©￦ ‫ڴڴڼ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦￉¥¶¶½­²«￦¥±³¹²¸￦ ‫ڵ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
ￒ³··￦³²￦·¥°©￦Ο￦¶©§³«²­¾©￦­±±©¨­¥¸©°½￦ Ϯ‫ڴڴڶ‬Ζ‫ڴڴڴ‬ϯ￦

Question No. 3
￙¥°©·￦´¶­§©￦ ‫ڴڴڼ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦ￌ¥­¶￦º¥°¹©￦ ‫ڴڴں‬Ζ‫ڴڴڴ‬￦
ￊ©ª©¶¶©¨￦ￍ¥­²￦ ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦

ￌ¥­¶￦º¥°¹©￦ ‫ڴڴں‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦￉¥¶¶½­²«￦¥±³¹²¸￦ ‫ڴڹڸ‬Ζ‫ڴڴڴ‬
ￕ¹¸¶­«¬¸￦«¥­²￦ ￦ ￦ (D)￦ ‫ڴڹڵ‬Ζ‫ڴڴڴ‬￦

Question No. 4 (B)￦
￙¥°©·￦ￖ¶­§©￦‫ܬ‬￦ￌ¥­¶￦º¥°¹©￦ ‫ڴڴڼ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦￉¥¶¶½­²«￦¥±³¹²¸￦ ‫ڴڴڸ‬Ζ‫ڴڴڴ‬
ￍ¥­²￦³²￦·¥°©￦Ο ¶©§³«²­¾©￦­±±©¨­¥¸©°½ ‫ڴڴڸ‬Ζ‫ڴڴڴ‬

Question No. 5 (A)￦
￙¥°©·￦ￖ¶­§©￦‫ܬ‬￦ￌ¥­¶￦º¥°¹©￦ ‫ڴڴڼ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦￉¥¶¶½­²«￦¥±³¹²¸￦ ‫ڴڼڼ‬Ζ‫ڴڴڴ‬￦
Loss￦³²￦·¥°©￦¥²¨￦°©¥·©¦¥§¯￦ Ϯ‫ڴڼ‬Ζ‫ڴڴڴ‬ϯ

Question No. 6
Nil. ￚ¬©￦°³··￦­·￦§³±´©²·¥¸©¨￦¦½￦ª¹¸¹¶©￦°©¥·©￦¶©²¸¥°￦¦©°³»￦¸¬©￦±¥¶¯©¸￦¶¥¸©Κ

SUMMARY OF ANSWERS:
1. B 2. D 3. D 4. B 5. A 6. A


COMPREHENSIVE PROBLEMS
PROBLEM 28-15
CASE NO. 1
Question No. 1 (A)

ￖ¶©·©²¸￦º¥°¹©￦³ª￦ￖ©¶­³¨­§￦ￖ¥½±©²¸￦Ϯ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦¼￦‫ں‬Κ‫ڶڴڽڹڻ‬ϯ￦ ‫ڵ‬Ζ‫ڵڹڷ‬Ζ‫ڹڴڼ‬￦
￦

280
Chapter 28 Lease

‫ܫ‬￦¥«©￦￦ ‫ڵ‬Ζ‫ڵڹڷ‬Ζ‫ڹڴڼ‬￦ ‫ܫڼںܥ‬￦

￦ ‫ڶ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦ ￦
￦

ￔ³¸￦·¹¦·¸¥²¸­¥°°½￦¥°°Κ￦
￦

Major part test

￦

‫ܫ‬￦¥«©￦￦ ‫ڴڵ‬￦ ‫ܫڴڹܥ‬￦

￦ ‫ڴڶ‬￦ ￦
￦

ￚ¬©￦°©¥·©￦¸©¶±￦¨³©·￦²³¸￦¥±³¹²¸￦¸³￦±¥®³¶￦´¥¶¸￦³ª￦¸¬©￦©§³²³±­§￦°­ª©￦³ª￦¸¬©￦¥··©¸Κ￦￦
￦

ￇ²·»©¶Ό￦NilΚ￦ￚ¬©￦°©¥·©￦¨³￦²³¸￦§°¥··­ª½￦¥·￦ª­²¥²§©￦°©¥·©Κ￦
￦
Question No. 2 (B)
Rent expense P200,000

Question No. 3 (A)
Nil.

Question No. 4 (A)
Nil.

Question No. 5 (D)￦
ￊ©´¶©§­¥¸­³²￦©¼´©²·©￦³º©¶·¸¥¸©¨Ζ￦²©¸￦­²§³±©￦¹²¨©¶·¸¥¸©¨￦ Ϯ‫ڹڵڵ‬Ζ‫ڵڼڵ‬ϯ￦
ￏ²¸©¶©·¸￦©¼´©²·©￦³º©¶·¸¥¸©¨Ζ￦²©¸￦­²§³±©￦¹²¨©¶·¸¥¸©¨￦ Ϯ‫ڹڷڵ‬Ζ‫ڵڼڵ‬ϯ￦
￘©²¸￦©¼´©²·©￦¹²¨©¶·¸¥¸©¨Ζ￦²©¸￦­²§³±©￦³º©¶·¸¥¸©¨￦ ‫ڴڴڶ‬Ζ‫ڴڴڴ‬
ￔ©¸￦­²§³±©￦¹²¨©¶·¸¥¸©¨￦ Ϯ‫ڴڹ‬Ζ‫ڶںڷ‬ϯ
￦

SUMMARY OF ANSWERS CASE NO. 1:

1. A 2. B 3. A 4. A 5. D
￦
CASE NO. 2￦
Question No. 1 (B)￦

‫ܫ‬￦¥«©￦￦ ‫ڵ‬Ζ‫ڵڹڷ‬Ζ‫ڹڴڼ‬￦ ‫ܫڴڽܥ‬￦
￦ ‫ڵ‬Ζ‫ڴڴڹ‬Ζ‫ڴڴڴ‬￦ ￦
￦

ￚ¬©￦ °©¥·©￦­·￦¥￦ ª­²¥²§©￦ °©¥·©Κ￦ￚ¬©￦§³·¸￦ ³ª￦¸¬©￦ °©¥·©¨￦ ¥··©¸￦­·￦ °³»©¶￦ ¦©¸»©©²￦¸¬©￦

ª¥­¶￦ º¥°¹©￦ ¥²¨￦ ¸¬©￦ ´¶©·©²¸￦ º¥°¹©￦ ³ª￦ ±­²­±¹±￦ °©¥·©￦ ´¥½±©²¸￦ »¬­§¬￦ ­·￦
ￖ‫ڵ‬Ζ‫ڵڹڷ‬Ζ‫ڹڴڼ‬Κ￦
￦
Amortization Table
Annual Interest Present
Date Payment Expense Amortization value
‫ڵڴ‬ϑ‫ڵڴ‬ϑ‫ڼڵڴڶ‬￦ ￦ ￦ ￦ ‫ڵ‬Ζ‫ڵڹڷ‬Ζ‫ڹڴڼ‬￦
‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ڼڵڴڶ‬ ‫ڴڴڶ‬Ζ‫ڴڴڴ‬ Ο￦ ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦ ‫ڵ‬Ζ‫ڵڹڵ‬Ζ‫ڹڴڼ‬￦
‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ڽڵڴڶ‬￦ ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦ ‫ڹڵڵ‬Ζ‫ڵڼڵ‬￦ ‫ڸڼ‬Ζ‫ڽڵڼ‬￦ ‫ڵ‬Ζ‫ںںڴ‬Ζ‫ںڼڽ‬￦
‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ڴڶڴڶ‬￦ ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦ ‫ںڴڵ‬Ζ‫ڽڽں‬￦ ‫ڷڽ‬Ζ‫ڵڴڷ‬￦ ‫ڷڻڽ‬Ζ‫ڸڼں‬￦
‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ڵڶڴڶ‬￦ ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦ ‫ڻڽ‬Ζ‫ڼںڷ‬￦ ‫ڶڴڵ‬Ζ‫ڶڷں‬￦ ‫ڵڻڼ‬Ζ‫ڶڹڴ‬￦
281
Chapter 28 Lease

Question No. 2 (D)

ￊ©´¶©§­¥¸­³²￦©¼´©²·©￦Ϯ‫ڵ‬Ζ‫ڵڹڷ‬Ζ‫ڹڴڼ‬ϑ‫ڴڵ‬ϯ￦ ‫ڹڷڵ‬Ζ‫ڵڼڵ‬
ￏ²¸©¶©·¸￦©¼´©²·©￦￦ ‫ڹڵڵ‬Ζ‫ڵڼڵ‬￦
ￚ³¸¥°￦°©¥·©Ο￦¶©°¥¸©¨￦©¼´©²·©·￦ ‫ڴڹڶ‬Ζ‫ڶںڷ‬￦
￦

Question No. 3 (C)

ￖ‫ڷڽ‬Ζ‫ڵڴڷ‬Κ￦￙©©￦¥±³¶¸­¾¥¸­³²￦¸¥¦°©￦¥¦³º©Κ￦
￦

Question No. 4 (B)

ￖ‫ڵ‬Ζ‫ںںڴ‬Ζ‫ںڼڽ‬Κ￦￙©©￦¥±³¶¸­¾¥¸­³²￦¸¥¦°©￦¥¦³º©Κ￦
￦

Question No. 5 (A)￦

ￔ­°Κ￦ￚ¬©￦§³±´¥²½￦¨­¨￦²³¸￦§³±±­¸￦¥²½￦©¶¶³¶Κ￦
￦

SUMMARY OF ANSWERS CASE NO. 2:

1. B 2. D 3. C 4. B 5. A
￦
￦
PROBLEM 28-16
￦

Question No. 1 (B)

ￒ©¥·©￦­·￦¥￦ª­²¥²§©￦°©¥·©￦¸¬¹·￦¥²½￦«¥­²￦·¬³¹°¨￦¦©￦¨©ª©¶¶©¨￦¥²¨￦¥±³¶¸­¾©￦³º©¶￦¸¬©￦
°©¥·©￦¸©¶±Κ￦
￦

￙©°°­²«￦ￖ¶­§©￦ ‫ڽڻڷ‬Ζ‫ڹڽں‬
ￒ©··Ό￦￉¥¶¶½­²«￦¥±³¹²¸￦ ‫ڴڹڷ‬Ζ‫ڴڴڴ‬￦
ￊ©ª©¶¶©¨￦«¥­²￦³²￦·¥°©￦¥²¨￦°©¥·©¦¥§¯￦ ‫ڽڶ‬Ζ‫ڹڽں‬￦
ￒ©··Ό￦ￇ±³¶¸­¾¥¸­³²￦­²￦‫ڼڵڴڶ‬￦Ϯ‫ڽڶ‬Ζ‫ڹڽں‬ϑ‫ڴڵ‬ϯ￦ ￦￦￦￦￦￦￦￦￦‫ڶ‬Ζ‫ڴڻڽ‬￦
ￊ©ª©¶¶©¨￦«¥­²￦³²￦·¥°©￦¥²¨￦°©¥·©¦¥§¯Ζ￦©²¨￦ ￦￦￦￦￦￦￦‫ںڶ‬Ζ‫ڹڶڻ‬￦

Question No. 2 (D)
ￏ²¸©¶©·¸￦©¼´©²·©￦ ‫ڼڷ‬Ζ‫ڷںڷ‬￦
ￊ©´¶©§­¥¸­³²￦©¼´©²·©￦Ϯ‫ڽڻڷ‬Ζ‫ڹڽں‬ϑ‫ڴڵ‬ϯ￦ ‫ڻڷ‬Ζ‫ڴڻڽ‬￦
￘©²¸￦©¼´©²·©￦Ϯ‫ڹ‬Ζ‫ڴڴڴ‬￦¼￦‫ڶڵ‬ϯ￦ ‫ڴں‬Ζ‫ڴڴڴ‬￦
ￚ³¸¥°￦°©¥·©￦¶©°¥¸©¨￦©¼´©²·©· ‫ںڷڵ‬Ζ‫ڷڷڷ‬

Amortization Table
Annual Interest Present
Date Payment Expense Amortization value
‫ڵڴ‬ϑ‫ڶڴ‬ϑ‫ڼڵڴڶ‬￦ ￦ ￦ ￦ ‫ڽڻڷ‬Ζ‫ڹڽں‬￦
‫ڵڴ‬ϑ‫ڶڴ‬ϑ‫ڼڵڴڶ‬ ‫ڴں‬Ζ‫ڴڴڴ‬ Ο￦ ‫ڴں‬Ζ‫ڴڴڴ‬￦ ‫ڽڵڷ‬Ζ‫ڹڽں‬￦
‫ڵڴ‬ϑ‫ڶڴ‬ϑ‫ڽڵڴڶ‬￦ ‫ڴں‬Ζ‫ڴڴڴ‬￦ ‫ڼڷ‬Ζ‫ڷںڷ‬￦ ‫ڵڶ‬Ζ‫ڻڷں‬￦ ‫ڼڽڶ‬Ζ‫ڼڹڴ‬￦

Question No. 3 (C)
￙¥°©￦¥²¨￦°©¥·©¦¥§¯￦¥·￦ª­²¥²§©￦°©¥·©￦
ￒ©¥·©￦°­¥¦­°­¸½Ζ￦‫ڵڴ‬ϑ‫ڶڴ‬ϑ‫ڼڵڴڶ‬￦ ‫ڽڵڷ‬Ζ‫ڹڽں‬￦
ￇ¨¨Ό￦ￇ§§¶¹©¨￦­²¸©¶©·¸￦ ‫ڼڷ‬Ζ‫ڷںڷ‬￦
ￚ³¸¥°￦°©¥·©Ο¶©°¥¸©¨￦°­¥¦­°­¸½￦ ‫ڼڹڷ‬Ζ‫ڼڹڴ‬￦

282
Chapter 28 Lease

Question No. 4 (B)

ￇ±³¶¸­¾¥¸­³² ³ª￦¨©ª©¶¶©¨￦«¥­²￦³²￦·¥°©￦¥²¨￦°©¥·©¦¥§¯￦Ϯ·©©￦ￔ³Κ￦‫ڵ‬ϯ ‫ڶ‬Ζ‫ڴڻڽ‬
ￇ¨¨Ό￦ ￍ¥­²￦ ³²￦ ·¥°©￦ ¥²¨￦ °©¥·©¦¥§¯￦ ¥·￦ ³´©¶¥¸­²«￦ °©¥·©￦ Ϯￖ‫ڴڴڸ‬Ζ‫ڴڴڴ‬Ο ‫ڴڹ‬Ζ‫ڴڴڴ‬￦
ￖ‫ڴڹڷ‬Ζ‫ڴڴڴ‬ϯ￦
ￚ³¸¥°￦«¥­²￦³²￦·¥°©￦¥²¨￦°©¥·©¦¥§¯￦ ‫ڶڹ‬Ζ‫ڴڻڽ‬￦

Question No. 5 (B)
ￚ¬©￦¨©ª©¶¶©¨￦«¥­²￦³²￦·¥°©￦¥²¨￦°©¥·©¦¥§¯￦·¬³¹°¨￦¦©￦¶©§³«²­¾©¨￦­±±©¨­¥¸©°½Κ￦

SUMMARY OF ANSWERS:
1. B 2. D 3. C 4. B 5. B


PROBLEM 28-17
￦

Question No. 1 (C)

ￖ¶©·©²¸￦º¥°¹©￦³ª￦ￖ©¶­³¨­§￦ￖ¥½±©²¸￦Ϯ‫ڴڹ‬Ζ‫ڴڴڴ‬￦￦¼￦‫ڸ‬Κ‫ڷڻڷڴ‬ϯ￦Ο￦LOWER￦ 201,865
ￌ¥­¶￦ￜ¥°¹©￦³ª￦¸¬©￦°©¥·©¨￦¥··©¸￦ ￖ‫ڷڵڶ‬Ζ‫ڷڵڶ‬￦
￦

ￖￇ￘Κ￦‫ڴڶ‬￦ￕￌ￦ￖￇ￙￦‫ڻڵ‬￦￙¸¥¸©·￦¸¬¥¸Ό￦ￇ¸￦¸¬©￦§³±±©²§©±©²¸￦³ª￦¸¬©￦°©¥·©￦¸©¶±Ζ￦°©··©©·￦
·¬¥°°￦¶©§³«²­·©￦ª­²¥²§©￦°©¥·©·￦¥·￦¥··©¸·￦¥²¨￦°­¥¦­°­¸­©·￦­²￦¸¬©­¶￦¦¥°¥²§©￦·¬©©¸·￦¥¸￦
¥±³¹²¸·￦©µ¹¥°￦¸³￦¸¬©￦ª¥­¶￦º¥°¹©￦³ª￦¸¬©￦°©¥·©¨￦´¶³´©¶¸½￦³¶Ζ￦­ª￦°³»©¶Ζ￦¸¬©￦´¶©·©²¸￦
º¥°¹©￦³ª￦¸¬©￦±­²­±¹±￦°©¥·©￦´¥½±©²¸·Ζ￦©¥§¬￦¨©¸©¶±­²©¨￦¥¸￦¸¬©￦­²§©´¸­³²￦³ª￦¸¬©￦
°©¥·©Κ￦ ￚ¬©￦ ¨­·§³¹²¸￦ ¶¥¸©￦ ¸³￦ ¦©￦ ¹·©¨￦ ­²￦ §¥°§¹°¥¸­²«￦ ¸¬©￦ ´¶©·©²¸￦ º¥°¹©￦ ³ª￦ ¸¬©￦
±­²­±¹±￦ °©¥·©￦ ´¥½±©²¸·￦ ­·￦ ¸¬©￦ ­²¸©¶©·¸￦ ¶¥¸©￦ ­±´°­§­¸￦ ­²￦ ¸¬©￦ °©¥·©Ζ￦ ­ª￦ ¸¬­·￦ ­·￦
©￦·¬¥°°￦¦©￦
¹·©¨Κ￦ￇ²½￦­²­¸­¥°￦¨­¶©§¸￦§³·¸·￦³ª￦¸¬©￦°©··©©￦¥¶©￦¥¨¨©¨￦¸³￦¸¬©￦¥±³¹²¸￦¶©§³«²­¾©¨￦¥·￦
¥²￦¥··©¸Κ￦
Question Nos. 2-4￦
Amortization Table
Annual Interest Present
Date Payment Expense Amortization value
‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ڻڵڴڶ‬￦ ‫ڵڴڶ‬Ζ‫ڹںڼ‬￦
‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ڻڵڴڶ‬￦ ‫ڴڹ‬Ζ‫ڴڴڴ‬￦ ‫ڴڹ‬Ζ‫ڴڴڴ‬￦ ‫ڵڹڵ‬Ζ‫ڹںڼ‬￦
‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ڼڵڴڶ‬ ‫ڴڹ‬Ζ‫ڴڴڴ‬￦ 18,224 ‫ڵڷ‬Ζ‫ںڻڻ‬￦ 120,089
‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ڽڵڴڶ‬￦ ‫ڴڹ‬Ζ‫ڴڴڴ‬￦ ‫ڸڵ‬Ζ‫ڵڵڸ‬￦ 35,589 ‫ڸڼ‬Ζ‫ڽڽڸ‬￦
‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ڴڶڴڶ‬￦ ‫ڴڹ‬Ζ‫ڴڴڴ‬￦ ‫ڴڵ‬Ζ‫ڴڸڵ‬￦ ‫ڽڷ‬Ζ‫ڴںڼ‬￦ ‫ڸڸ‬Ζ‫ڽڷں‬￦
‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ڵڶڴڶ‬ ‫ڴڹ‬Ζ‫ڴڴڴ‬￦ ‫ڹ‬Ζ‫ڵںڷ‬￦ ‫ڸڸ‬Ζ‫ڽڷں‬￦ ‫ڴ‬
￦
Question No. 2 (D)
ￖ‫ڴڶڵ‬Ζ‫ڽڼڴ‬Κ￦￙©©￦¥±³¶¸­¾¥¸­³²￦¸¥¦°©￦¥¦³º©Κ￦
￦
Question No. 3 (C)
ￖ‫ڹڷ‬Ζ‫ڽڼڹ‬Κ￦￙©©￦¥±³¶¸­¾¥¸­³²￦¸¥¦°©￦¥¦³º©Κ￦
￦
Question No. 4 (C)
ￖ‫ڼڵ‬Ζ‫ڸڶڶ‬Κ￦￙©©￦¥±³¶¸­¾¥¸­³²￦¸¥¦°©￦¥¦³º©Κ￦

283
Chapter 28 Lease

Question No. 5 (A)

Depreciation expense (201,865/5) P40,373
￦
SUMMARY OF ANSWERS:
1. C 2. D 3. C 4. C 5. A
￦
￦
PROBLEM 28-18
￦

Question No. 1 (A)

ￌ¥­¶￦±¥¶¯©¸￦º¥°¹©￦ ￦ￖ¶©·©²¸￦º¥°¹©￦³ª￦
ￇ²²¹¥°￦°©¥·©￦´¥½±©²¸·￦ ‫ܥ‬￦ ￛ²«¹¥¶¥²¸©©¨￦￘©·­¨¹¥°￦ￜ¥°¹©￦
ￇ²²¹­¸½￦¨¹©￦
‫ںڼڶ‬Ζ‫ڴڶڸ‬￦Ο ϮΚ‫ںںڴڹ‬￦￞￦‫ڴڶ‬Ζ‫ڴڴڴ‬ϯ￦
￦ ‫ܥ‬￦
‫ڸ‬Κ‫ڼڸڴں‬￦
ￇ²²¹¥°￦°©¥·©￦´¥½±©²¸·￦ ‫ܥ‬￦ 60,000
￦
Question No. 2 (C)
ￚ³¸¥°￦±­²­±¹±￦°©¥·©￦´¥½±©²¸·Ϯ‫ڴں‬Ζ‫ڴڴڴ‬￦¼￦‫ں‬ϯ￦ ‫ڴںڷ‬Ζ‫ڴڴڴ‬￦
ￇ¨¨Ό￦ￛ²«¹¥¶¥²¸©©¨￦¶©·­¨¹¥°￦º¥°¹©￦ ‫ڴڶ‬Ζ‫ڴڴڴ‬￦
ￚ³¸¥°￦°©¥·©￦¶©§©­º¥¦°©￦ ‫ڴڼڷ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό ￌ¥­¶￦±¥¶¯©¸￦º¥°¹©￦³ª￦¸¬©￦°©¥·©¨￦¥··©¸ ‫ںڼڶ‬Ζ‫ڴڶڸ‬
ￚ³¸¥°￦ￌ­²¥²§­¥°￦¶©º©²¹©￦ ‫ڷڽ‬Ζ‫ڴڼڹ‬￦
￦
Question No. 3 (A)
Amortization Table
Annual Interest Present
Date Collection Income Amortization value
‫ڵڴ‬ϑ‫ڵڴ‬ϑ‫ڼڵڴڶ‬ ‫ںڼڶ‬Ζ‫ڴڶڸ‬￦
‫ڵڴ‬ϑ‫ڵڴ‬ϑ‫ڼڵڴڶ‬￦ ‫ڴں‬Ζ‫ڴڴڴ‬￦ ‫ڴں‬Ζ‫ڴڴڴ‬￦ ‫ںڶڶ‬Ζ‫ڴڶڸ‬￦
‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ڼڵڴڶ‬￦ ‫ڴں‬Ζ‫ڴڴڴ‬￦ 27,170 ‫ڶڷ‬Ζ‫ڴڷڼ‬￦ ‫ڷڽڵ‬Ζ‫ڴڽڹ‬￦

Question No. 4 (C)
ￖ¶©·©²¸￦º¥°¹©￦³ª￦´©¶­³¨­§￦°©¥·©￦´¥½±©²¸·￦Ϯ‫ڴں‬Ζ‫ڴڴڴ‬￦¼￦‫ڸ‬Κ‫ڼڸڴں‬ϯ￦ ￖ￦‫ںڻڶ‬Ζ‫ڼڼڶ‬￦
￦

Amortization Table
Annual Interest Present
Date Collection Income Amortization value
‫ڵڴ‬ϑ‫ڵڴ‬ϑ‫ڼڵڴڶ‬￦ ‫ںڻڶ‬Ζ‫ڼڼڶ‬￦
‫ڵڴ‬ϑ‫ڵڴ‬ϑ‫ڼڵڴڶ‬￦ ‫ڴں‬Ζ‫ڴڴڴ‬￦ ‫ڴں‬Ζ‫ڴڴڴ‬￦ ‫ںڵڶ‬Ζ‫ڼڼڶ‬￦
‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ڼڵڴڶ‬￦ ‫ڴں‬Ζ‫ڴڴڴ‬￦ ‫ڹڶ‬Ζ‫ڹڹڽ‬￦ ‫ڸڷ‬Ζ‫ڹڸڴ‬￦ 182,243
￦

ￊ©´¶©§­¥¸­³²￦©¼´©²·©￦Ϯ‫ںڻڶ‬Ζ‫ڼڼڶ‬ϑ‫ں‬ϯ￦ ‫ںڸ‬Ζ‫ڼڸڴ‬￦
ￇ¨¨Ό￦ￏ²¸©¶©·¸￦©¼´©²·© ‫ڹڶ‬Ζ‫ڹڹڽ‬
ￚ³¸¥°￦©¼´©²·©·￦ ‫ڶڻ‬Ζ‫ڷڴڴ‬￦

284
Chapter 28 Lease

Question No. 5 (C)

ￖ‫ڶڼڵ‬Ζ‫ڷڸڶ‬Κ￦￙©©￦¥±³¶¸­¾¥¸­³²￦¸¥¦°©￦­²￦ￔ³Κ￦‫ڸ‬Κ￦

SUMMARY OF ANSWERS:
1. A 2. C 3. A 4. C 5. C


PROBLEM 28-19
￦

Question No. 1 (B)￦

ￖ©¶­³¨­§￦¶©²¸￦Ϯ‫ڶڵ‬Ζ‫ڴڴڴ‬￦¼￦‫ڶڵ‬ϯ￦ ‫ڸڸڵ‬Ζ‫ڴڴڴ‬￦
ￇ±³¶¸­¾¥¸­³²￦³ª￦°©¥·©￦¦³²¹·￦Ϯ‫ڴڴڷ‬Ζ‫ڴڴڴ‬ϑ‫ں‬ϯ￦ ‫ڴڹ‬Ζ‫ڴڴڴ‬￦
￘©²¸￦©¼´©²·©￦ ‫ڸڽڵ‬Ζ‫ڴڴڴ‬￦
￦
Question No. 2 (C)￦
ￖ©¶­³¨­§￦¶©²¸￦ ￦ ‫ڴڼڸ‬Ζ‫ڴڴڴ‬
￉³²¸­²«©²¸￦¶©²¸Ό￦ ￦ ￦
￦￦‫¸·ڵ‬￦Ϯ‫ڸ‬ￓ￦¼￦‫ܫڸ‬ϯ￦ ‫ڴںڵ‬Ζ‫ڴڴڴ‬￦ ￦
￦￦‫ڶ‬²¨￦Ϯ‫ں‬ￓΟ‫ڸ‬ￓϯ￦¼￦‫ܫڹ‬ϯ￦ ‫ڴڴڵ‬Ζ‫ڴڴڴ‬￦ ‫ڴںڶ‬Ζ‫ڴڴڴ‬
ￇ±³¶¸­¾¥¸­³²￦³ª￦°©¥·©￦¦³²¹·￦Ϯ‫ڴڴڹ‬Ζ‫ڴڴڴ‬ϑ‫ڹ‬ϯ￦ ‫ڴڴڵ‬Ζ‫ڴڴڴ‬￦
ￚ³¸¥°￦¶©²¸￦©¼´©²·©￦ ￦ ‫ڴڸڼ‬Ζ‫ڴڴڴ‬￦

Question No. 3 (B)
σϮ‫ڷ‬￦¼￦‫ڶڵ‬ϯΟ‫ں‬σ￦¼￦‫ڴڵ‬Ζ‫ڴڴڴ‬￦
￘©²¸￦©¼´©²·©￦ ‫ܥ‬￦
‫ڷ‬￦
￘©²¸￦©¼´©²·©￦ ‫ܥ‬￦ 100,000
￦
Question No. 4 (B)￦
ￒ©¥·©￦ ￔ³Κ￦ ‫ڵ‬￦ Ϯ￘©²¸￦ ©¼´©²·©￦ ³º©¶·¸¥¸©¨Ζ￦ ¥··©¸￦ ¹²¨©¶·¸¥¸©¨ϯ
Ϯￖ‫ڸڸڸ‬Ζ‫ڴڴڴ‬Οￖ‫ڸڽڵ‬Ζ‫ڴڴڴ‬ϯ￦ Ϯ‫ڴڹڶ‬Ζ‫ڴڴڴ‬ϯ￦
ￒ©¥·©￦ￔ³Κ￦‫ڶ‬￦Ϯ￘©²¸￦©¼´©²·©￦³º©¶·¸¥¸©¨Ζ￦¥··©¸￦¹²¨©¶·¸¥¸©¨ϯ￦ Ϯ‫ڴڴڸ‬Ζ‫ڴڴڴ‬ϯ￦
ￇ··©¸￦¹²¨©¶·¸¥¸©¨￦ Ϯ‫ڴڹں‬Ζ‫ڴڴڴ‬ϯ￦
￦

￘©²¸￦©¼´©²·©￦´©¶￦½©¥¶Οￒ©¥·©￦‫ڷ‬￦ ‫ڴڴڵ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦ￖ¥½±©²¸￦Ϯ‫ڴڵ‬Ζ‫ڴڴڴ‬￦¼￦‫ں‬￦±³²¸¬·ϯ￦ ‫ڴں‬Ζ‫ڴڴڴ‬
ￇ§§¶¹©¨￦¶©²¸￦´¥½¥¦°©￦¹²¨©¶Ζ￦ￒ­¥¦­°­¸½￦¹²¨©¶·¸¥¸©¨ Ϯ‫ڴڸ‬Ζ‫ڴڴڴ‬ϯ
￦
Question No. 5 (C)￦
ￒ©¥·©￦²³Κ￦‫ڵ‬￦Ϯ￘©²¸￦©¼´©²·©￦³º©¶·¸¥¸©¨Ζ￦²©¸￦­²§³±©￦¹²¨©¶·¸¥¸©¨ϯ￦ Ϯ‫ڴڹڶ‬Ζ‫ڴڴڴ‬ϯ￦
ￒ©¥·©￦ￔ³Κ￦‫ڶ‬￦Ϯ￘©²¸￦©¼´©²·©￦³º©¶·¸¥¸©¨Ζ￦²©¸￦­²§³±©￦¹²¨©¶·¸¥¸©¨ϯ￦ Ϯ‫ڴڴڸ‬Ζ‫ڴڴڴ‬ϯ￦
ￒ©¥·©￦ￔ³Κ￦‫ڷ‬￦Ϯ￘©²¸￦©¼´©²·©￦ ¹²¨©¶·¸¥¸©¨Ζ￦²©¸￦­²§³±©￦³º©¶·¸¥¸©¨ϯ ‫ڴڸ‬Ζ‫ڴڴڴ‬
Ϯ‫ڴڴڵ‬Ζ‫ڴڴڴ‬Ο‫ڴں‬Ζ‫ڴڴڴ‬ϯ￦
ￔ©¸￦­²§³±©￦¹²¨©¶·¸¥¸©¨￦ Ϯ‫ڴڵں‬Ζ‫ڴڴڴ‬ϯ￦
￦

SUMMARY OF ANSWERS:
1. B 2. C 3. B 4. B 5. C

285
‫‪Chapter 28‬‬ ‫‪Lease‬‬

‫ ‪PROBLEM 28-20‬‬
‫‪￦‬‬

‫ ‪Question No. 1‬‬ ‫ ‬ ‫‪(B)￦‬‬

‫‪￦´©¶­³¨·￦§¥²￦¦©￦§³±´¹¸©¨￦¥·Ό￦‬ڴڵ‪￦ª³¶￦‬ܫڶڵ‪ￚ¬©￦´¶©·©²¸￦º¥°¹©￦³ª￦¥²²¹­¸½￦¨¹©￦³ª￦‬‬
‫‪￦‬ڷڷ‪Κ‬ں‪￦‬ܥ‪￦‬ڵ‪￦‬ܩ‪σ￦‬ڽ‪ϯΟ‬ܫڶڵܩڵ‪￦ ￦Ϯ‬ڵ‪σ‬‬
‫‪￦‬ܫڶڵ‪￦￦￦￦￦￦￦￦￦‬‬
‫‪￦‬‬

‫‪ￇ²²¹¥°￦¶©²¸¥°·￦‬‬ ‫ڴڴڴ‪Ζ‬ڴڸڸ‪Ζ‬ڵ‪ￖ‬‬
‫‪ￋ¼©§¹¸³¶½￦§³·¸·￦‬‬ ‫‪ϯ￦‬ڴڵڸ‪Ζ‬ڽڸ‪Ϯ‬‬
‫‪ￓ­²­±¹±￦°©¥·©￦´¥½±©²¸￦‬‬ ‫‪￦‬ڴڽڹ‪Ζ‬ڴڽڷ‪Ζ‬ڵ‪ￖ‬‬
‫‪ￓ¹°¸­´°½￦¦½Ό￦ￖ¶©·©²¸￦º¥°¹©￦³ª￦¥²²¹­¸½￦¨¹©￦‬‬ ‫‪￦‬ڷڷ‪Κ‬ں‬
‫‪ￖ¶©·©²¸￦º¥°¹©￦³ª￦±­²­±¹±￦°©¥·©￦´¥½±©²¸·￦‬‬ ‫ڼڷڸ‪Ζ‬ڶڴڼ‪Ζ‬ڼ‪ￖ‬‬
‫‪￦‬‬

‫‪ￌ¥­¶￦º¥°¹©￦³ª￦¸¬©￦´¶³´©¶¸½￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڴڼ‪Ζ‬ڼ‪￦￦￦￦￦￦￦￦ￖ‬‬

‫‪ￓϯ￦‬ڼ‪Κ‬ڼ‪￦¥¸￦ￖ‬ܫڶڵ‪Ϯￚ¬©￦¨­ªª©¶©²§©￦­·￦­±±¥¸©¶­¥°Ζ￦­±´°­§­¸￦¶¥¸©￦­·￦‬‬
‫‪￦‬‬
‫ ‪Question No. 2‬‬ ‫ ‬ ‫‪(D)￦‬‬
‫‪￦‬ڻڵڴڶ‪ϑ‬ڵڷ‪ϑ‬ڶڵ ‪￦‬ܥ ‪ￋªª©§¸­º©￦ ¶¥¸©ϯσ￦ ￦ ¥²²¹¥°￦ ´¥½±©²¸·￦‬ܩڵ‪￦ ¦¥°¥²§©￦ ¼￦ Ϯ‬ڻڵڴڶ‪ϑ‬ڵڷ‪ϑ‬ڶڵ‪σ‬‬
‫‪¦¥°¥²§©￦‬‬
‫‪￦‬‬

‫‪￦‬ڽڸڽ‪Ζ‬ڻڴڽ‪Ζ‬ں‪￦ￖ‬ܥ‪￦‬ڴڽڹ‪Ζ‬ڴڽڷ‪Ζ‬ڵ‪σ￦Ο￦ￖ‬ܫڶڵ‪Κ‬ڵ‪ϯ￦¼￦‬ڴڽڹ‪Ζ‬ڴڽڷ‪Ζ‬ڵ‪￦ ￦ￖ‬ڴڴڴ‪Ζ‬ڴڴڼ‪Ζ‬ڼ‪σϮￖ‬‬
‫‪￦‬‬

‫‪￦§¥²￦¦©￦§³±´¹¸©¨￦¥·Ό￦‬ڼڵڴڶ‪ϑ‬ڵڷ‪ϑ‬ڶڵ‪ￚ¬©￦§¹¶¶©²¸￦´³¶¸­³²￦¥·￦³ª￦‬‬
‫‪￦￦‬ںڷں‪Ζ‬ڵںڹ‪￦ￖ‬ܥ‪￦‬ܫڶڵ‪ϯ￦¼￦‬ڴڽڹ‪Ζ‬ڴڽڷ‪Ζ‬ڵ‪￦Ο￦ￖ‬ڽڸڽ‪Ζ‬ڻڴڽ‪Ζ‬ں‪Ϯￖ‬‬
‫‪￦‬‬
‫ ‪Question No. 3‬‬ ‫ ‬ ‫‪(B)￦‬‬
‫‪￦ￔ³²Ο§¹¶¶©²¸￦´³¶¸­³²￦‬ܥ‪ϯ￦‬ڶ‪￦¦¥°¥²§©￦ ￦§¹¶¶©²¸￦´³¶¸­³²Ϯ²³Κ‬ںڵڴڶ‪ϑ‬ڵڷ‪ϑ‬ڶڵ‬
‫‪￦‬ڷڵڷ‪Ζ‬ںڸڷ‪Ζ‬ں‪￦ￖ‬ܥ‪￦‬ںڷں‪Ζ‬ڵںڹ‪￦Ο￦ￖ‬ڽڸڽ‪Ζ‬ڻڴڽ‪Ζ‬ں‪￦ￖ‬ܥ‪￦￦￦￦￦￦￦￦￦‬‬
‫‪￦‬‬
‫ ‪Question No. 4‬‬ ‫ ‬ ‫‪(A)￦‬‬
‫‪￦‬ڴڴڴ‪Ζ‬ڴڼڼ‪￦ￖ‬ܥ‪￦‬ڴڵ‪ϑ‬ڴڴڴ‪Ζ‬ڴڴڼ‪Ζ‬ڼ‪ￖ‬‬
‫‪￦‬‬
‫ ‪Question No. 5‬‬ ‫ ‬ ‫ )‪(A‬‬
‫‪ￊ©´¶©§­¥¸­³²￦©¼´©²·©￦‬‬ ‫ڴڴڴ‪Ζ‬ڴڼڼ‪ￖ￦￦￦‬‬
‫‪￦‬ڶڵ‪ϯ￦¼￦‬ڴڽڹ‪Ζ‬ڴڽڷ‪Ζ‬ڵ‪￦ ￦ￖ‬ڴڴڴ‪Ζ‬ڴڴڼ‪Ζ‬ڼ‪ￏ²¸©¶©·¸￦©¼´©²·©￦Ϯￖ‬‬ ‫‪￦‬ڽڶڵ‪Ζ‬ڽڼڼ‬
‫‪ￋ¼©§¹¸³¶½￦§³·¸·￦ ￦‬‬ ‫‪￦‬ڴڵڸ‪Ζ‬ڽڸ‬
‫‪ￚ³¸¥°￦°©¥·©Ο¶©°¥¸©¨￦©¼´©²·©·￦‬‬ ‫‪￦‬ڽڷڹ‪Ζ‬ڼڵڼ‪Ζ‬ڵ‪ￖ‬‬
‫‪￦‬‬

‫ ‪SUMMARY OF ANSWERS:‬‬
‫ ‪1. B 2. D 3. B‬‬ ‫ ‪4.‬‬ ‫ ‪A‬‬ ‫ ‪5.‬‬ ‫ ‪A‬‬ ‫ ‬ ‫ ‬ ‫ ‬ ‫ ‬ ‫ ‬ ‫ ‬
‫ ‬
‫ ‬
‫ ‪PROBLEM 28-21‬‬
‫‪￦‬‬

‫ ‪Question No. 1‬‬ ‫ ‬ ‫ )‪(B‬‬

‫‪￦‬ڽڵڴڶ‪ϑ‬ڴڷ‪ϑ‬ںڴ‪￦¸³￦‬ڼڵڴڶ‪ϑ‬ڵڴ‪ϑ‬ڻڴ‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴں‬
‫‪￦‬ڴڶڴڶ‪ϑ‬ڴڷ‪ϑ‬ںڴ‪￦¸³￦‬ڽڵڴڶ‪ϑ‬ڵڴ‪ϑ‬ڻڴ‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڽ‬
‫‪￦‬ڵڶڴڶ‪ϑ‬ڴڷ‪ϑ‬ںڴ‪￦¸³￦‬ڴڶڴڶ‪ϑ‬ڵڴ‪ϑ‬ڻڴ‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڵڶ‬
‫‪ￚ³¸¥°￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴںڷ‬
‫‪ￊ­º­¨©￦¦½Ό￦ￔ¹±¦©¶￦³ª￦½©¥¶·￦‬‬ ‫‪￦‬ڷ‬
‫‪286‬‬
Chapter 28 Lease

￘©²¸￦©¼´©²·©￦´©¶￦½©¥¶￦ ‫ڴڶڵ‬Ζ‫ڴڴڴ‬￦
￦

￘©²¸￦©¼´©²·©￦¸³￦¨¥¸©￦Ϯ‫ڴڶڵ‬Ζ‫ڴڴڴ‬￦¼￦‫ڵ‬ϯ￦ ‫ڴڶڵ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦ￖ¥½±©²¸￦¸³￦¨¥¸©￦ ‫ڴں‬Ζ‫ڴڴڴ‬￦
ￇ§§¶¹©¨￦¶©²¸￦´¥½¥¦°©￦ 60,000

Question No. 2 (B)
ￖ¶©·©²¸￦º¥°¹© ³ª￦ￖ©¶­³¨­§￦ￖ¥½±©²¸￦Ϯ‫ڴڴڸ‬Ζ‫ڴڴڴ‬￦¼￦‫ڹ‬Κ‫ڴڴڹڽ‬ϯ￦ ‫ڶ‬Ζ‫ڴڼڷ‬Ζ‫ڴڴڴ‬
ￌ¥­¶￦º¥°¹©￦³ª￦°©¥·©¨￦¥··©¸￦￦ ￦ ￦ ￦ ￦ ￖ‫ڶ‬Ζ‫ڴڼڷ‬Ζ‫ڴڴڴ‬￦
￦

￉³·¸￦­·￦©µ¹¥°￦¸³￦ￖ‫ڶ‬Ζ‫ڴڼڷ‬Ζ‫ڴڴڴ‬￦Ϯￌ¥­¶￦º¥°¹©￦»¬­§¬￦­·￦¸¬©￦·¥±©￦¥·￦¸¬©￦ￖ¶©·©²¸￦º¥°¹©￦³ª￦
±­²­±¹±￦°©¥·©￦´¥½±©²¸·Κϯ￦
￦

Amortization Table
Annual Interest Present
Date Payment Expense Amortization value
‫ںڴ‬ϑ‫ڴڷ‬ϑ‫ڼڵڴڶ‬￦ ￦ ￦ ￦ ‫ڶ‬Ζ‫ڴڼڷ‬Ζ‫ڴڴڴ‬￦
‫ںڴ‬ϑ‫ڴڷ‬ϑ‫ڼڵڴڶ‬ ‫ڴڴڸ‬Ζ‫ڴڴڴ‬￦ Ο ‫ڴڴڸ‬Ζ‫ڴڴڴ‬￦ ‫ڵ‬Ζ‫ڴڼڽ‬Ζ‫ڴڴڴ‬￦
‫ںڴ‬ϑ‫ڴڷ‬ϑ‫ڽڵڴڶ‬￦ ‫ڴڴڸ‬Ζ‫ڴڴڴ‬￦ ‫ڻڻڶ‬Ζ‫ڴڴڶ‬￦ ‫ڶڶڵ‬Ζ‫ڴڴڼ‬￦ ‫ڵ‬Ζ‫ڻڹڼ‬Ζ‫ڴڴڶ‬￦

Question No. 3 (A)
ￌ­¶·¸￦°©¥·©￦Ϯ￙©©￦ￔ³Κ￦‫ڵ‬ϯ ‫ڴں‬Ζ‫ڴڴڴ‬￦
￙©§³²¨￦°©¥·©￦Ϯ·©©￦¥±³¶¸­¾¥¸­³²￦¸¥¦°©ϯ￦ ‫ڶڶڵ‬Ζ‫ڴڴڼ‬￦
￉¹¶¶©²¸￦°­¥¦­°­¸­©·￦ 182,800

Question No. 4 (A)
￘©²¸￦©¼´©²·©￦Ϯￌ­¶·¸￦°©¥·©ϯ ‫ڴڶڵ‬Ζ‫ڴڴڴ‬￦
ￏ²¸©¶©·¸￦©¼´©²·©￦ ‫ڻڻڶ‬Ζ‫ڴڴڶ‬￦
ￊ©´¶©§­¥¸­³²￦©¼´©²·©￦Ϯ‫ڶ‬Ζ‫ڴڼڷ‬Ζ‫ڴڴڴ‬ϑ‫ڴڵ‬ϯ￦ ‫ڼڷڶ‬Ζ‫ڴڴڴ‬￦
ￚ³¸¥°￦°©¥·©Ο¶©°¥¸©¨￦©¼´©²·©·￦ ‫ڹڷں‬Ζ‫ڴڴڶ‬￦
￦

SUMMARY OF ANSWERS:
1. B 2. B 3. A 4. A


PROBLEM 28-22 Exercise of Guaranteed Residual Value
￦

Question No. 1 (C)

ￖ¶©·©²¸￦º¥°¹©￦³ª￦´©¶­³¨­§￦´¥½±©²¸￦Ϯ‫ڴڶڵ‬Ζ‫ڴڴڴ‬￦¼￦‫ڷ‬Κ‫ڻڷڸڸ‬ϯ ‫ڷڵڸ‬Ζ‫ڸڸڶ‬￦
ￇ¨¨Ό￦ￖ¶©·©²¸￦º¥°¹©￦³ª￦¦¥¶«¥­²￦´¹¶§¬¥·©￦³´¸­³²￦Ϯ‫ڴڷ‬Ζ‫ڴڴڴ‬￦¼￦‫ڴ‬Κ‫ڻڼڹں‬ϯ￦ ‫ڽڵ‬Ζ‫ڵںڻ‬￦
ￖ¶©·©²¸￦º¥°¹©￦³ª￦±­²­±¹±￦°©¥·©￦´¥½±©²¸·￦ ‫ڷڷڸ‬Ζ‫ڹڴڴ‬￦
ￇ¨¨Ό￦ￏ²­¸­¥°￦¨­¶©§¸￦§³·¸￦ ‫ڴڶ‬Ζ‫ڴڴڴ‬￦
￉³·¸￦³ª￦¸¬©￦ￓ¥§¬­²©¶½￦ ‫ڷڹڸ‬Ζ‫ڹڴڴ‬￦

Question No. 2 (B)
ￏ²¸©¶©·¸￦©¼´©²·©￦ ‫ڸڷ‬Ζ‫ڵڷڸ‬￦
ￋ¼©§¹¸³¶½￦§³·¸￦ ‫ڴڶ‬Ζ‫ڴڴڴ‬￦
ￊ©´¶©§­¥¸­³² ‫ڹڴڵ‬Ζ‫ڵڹڻ‬￦

287
Chapter 28 Lease

ￚ³¸¥°￦°©¥·©Ο¶©°¥¸©¨￦©¼´©²·©·￦ ‫ڴںڵ‬Ζ‫ڶڼڵ‬￦

Question Nos. 3 to 4
Amortization Table
Annual Interest Present
Date Payment Expense Amortization value
‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ڼڵڴڶ‬￦ ￦ ￦ ￦ ‫ڷڷڸ‬Ζ‫ڹڴڴ‬￦
‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ڼڵڴڶ‬￦ ‫ڴڶڵ‬Ζ‫ڴڴڴ‬￦ Ο￦ ‫ڴڶڵ‬Ζ‫ڴڴڴ‬￦ ‫ڷڵڷ‬Ζ‫ڹڴڴ‬￦
‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ڽڵڴڶ‬ ‫ڴڶڵ‬Ζ‫ڴڴڴ‬￦ ‫ڸڷ‬Ζ‫ڵڷڸ‬￦ 85,569 227,436
‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ڴڶڴڶ‬￦ ‫ڴڶڵ‬Ζ‫ڴڴڴ‬￦ ‫ڹڶ‬Ζ‫ڼڵڴ‬￦ ‫ڸڽ‬Ζ‫ڶڼڽ‬￦ ‫ڶڷڵ‬Ζ‫ڷڹڸ‬￦
‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ڵڶڴڶ‬￦ ‫ڴڶڵ‬Ζ‫ڴڴڴ‬￦ ‫ڸڵ‬Ζ‫ڴڻڹ‬￦ ‫ڹڴڵ‬Ζ‫ڴڷڸ‬￦ ‫ڻڶ‬Ζ‫ڷڶڴ‬￦
‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ڶڶڴڶ‬ ‫ڴڷ‬Ζ‫ڴڴڴ‬￦ ‫ڶ‬Ζ‫ڻڻڽ‬￦ ‫ڻڶ‬Ζ‫ڷڶڴ‬￦ Ϯ‫ڴ‬ϯ

Question No. 3 (C)
ￖ‫ڹڼ‬Ζ‫ڽںڹ‬Κ￦￙©©￦¥±³¶¸­¾¥¸­³²￦¸¥¦°©￦¥¦³º©Κ￦

Question No. 4 (B)
ￖ‫ڻڶڶ‬Ζ‫ںڷڸ‬Κ￦￙©©￦¥±³¶¸­¾¥¸­³²￦¸¥¦°©￦¥¦³º©Κ￦

Question No. 5 (B)
ￍ¶³··￦¥±³¹²¸￦³ª￦«¹¥¶¥²¸©©¨￦¶©·­¨¹¥°￦º¥°¹©￦ ‫ڴڷ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦ￌ¥­¶￦º¥°¹©￦ ‫ڹڶ‬Ζ‫ڴڴڴ‬￦
ￒ³··￦³²￦ª­²¥²§©￦°©¥·©￦ ‫ڹ‬Ζ‫ڴڴڴ‬

Question No. 6 (A)
Zero

Question No. 7 (C)
￉³·¸￦³ª￦°©¥·©¨￦¥··©¸￦ ‫ڷڹڸ‬Ζ‫ڹڴڴ‬￦
ￒ©··Ό￦ￇ§§¹±¹°¥¸©¨￦¨©´¶©§­¥¸­³²￦ ‫ڵڵڶ‬Ζ‫ڷڴڹ‬￦
￉¥¶¶½­²«￦¥±³¹²¸￦ ‫ڵڸڶ‬Ζ‫ڷڴڹ‬￦
ￇ¨¨Ό￦￉¥·¬￦´¥½±©²¸ ‫ڴڴڶ‬Ζ‫ڴڴڴ‬
ￚ³¸¥°￦§³²·­¨©¶¥¸­³²￦ ‫ڵڸڸ‬Ζ‫ڷڴڹ‬￦
ￒ©··Ό￦ￒ©¥·©￦°­¥¦­°­¸½￦ ‫ڻڶڶ‬Ζ‫ںڷڸ‬￦
￉³·¸￦³ª￦©µ¹­´±©²¸￦´¹¶§¬¥·©¨￦ ‫ڸڵڶ‬Ζ‫ڻںڴ‬￦
￦

SUMMARY OF ANSWERS:
1. C 2. B 3. C 4. B 5. B 6. A 7. C


PROBLEM 28-23 Direct Financing Lease
￦

Question No. 1 (C)

ￇ²²¹¥°￦´¥½±©²¸￦‫ܥ‬￦ￖ‫ڷ‬Ζ‫ڸڶڶ‬Ζ‫ڴڴڴ‬￦￦‫ܥ‬￦ￖ‫ڴڹڻ‬Ζ‫ڴڴڴ‬￦￦
￦￦￦￦ ￦ ￦ ￦‫ڸ‬Κ‫ڶڵڷ‬￦
￦

ￚ³¸¥°￦­²¸©¶©·¸￦¸³￦¦©￦©¥¶²©¨￦‫ܥ‬￦σϮￖ‫ڴڹڻ‬Ζ‫ڴڴڴ‬￦¼￦‫ڹ‬ϯ￦ ￦ￖ‫ڷ‬Ζ‫ڸڷڶ‬Ζ‫ڴڴڴ‬σ￦‫ܥ‬￦ￖ‫ںڵڹ‬Ζ‫ڴڴڴ‬￦

288
‫‪Chapter 28‬‬ ‫‪Lease‬‬

‫ ‪Question No. 2‬‬ ‫ ‬ ‫ )‪(B‬‬

‫‪￦‬ڴڶڻ‪Ζ‬ڼڽڵ‪￦ￖ‬ܥ‪￦‬ܫڼ‪ϯ￦¼￦‬ڴڴڴ‪Ζ‬ڴڹڻ‪￦ ￦ￖ‬ڴڴڴ‪Ζ‬ڸڷڶ‪Ζ‬ڷ‪Ϯￖ‬‬
‫‪￦‬‬
‫ ‪Question No. 3‬‬ ‫ ‬ ‫ )‪(A‬‬
‫‪￦½©¥¶·￦§¥²￦¦©￦§³±´¹¸©¨￦¥·Ό￦‬ڼ‪￦³º©¶￦‬ܫڶڵ‪ￚ¬©￦ￖￜ￦¥²²¹­¸½￦¨¹©￦³ª￦‬‬
‫‪￦‬ڼڷںڹ‪Κ‬ڹ‪￦‬ܥڵ‪￦‬ܩ‪σ￦‬ڻ‪ϯ￦Ο‬ܫڶڵܩڵ‪￦ ￦Ϯ‬ڵ‪σ‬‬
‫‪￦‬ܫڶڵ‪￦￦￦￦￦￦￦￦‬‬
‫‪￦½©¥¶·￦§¥²￦¥°·³￦¦©￦§³±´¹¸©¨￦¥·Ό￦‬ڼ‪￦ª³¶￦‬ܫڶڵ‪ￚ¬©￦´¶©·©²¸￦º¥°¹©￦³ª￦‬‬
‫‪￦‬ڽڷڴڸ‪Κ‬ڴ‪￦‬ܥ‪￦‬ڼ‪ϯΟ‬ܫڶڵܩڵ‪Ϯ‬‬
‫‪￦‬‬

‫‪ￚ¬©￦¸³¸¥°￦­²¸©¶©·¸￦¶©º©²¹©￦­·￦¸¬©￦¨­ªª©¶©²§©￦¸¬©￦°©¥·©￦¶©§©­º¥¦°©￦¥²¨￦¸¬©￦´¶©·©²¸￦‬‬
‫‪º¥°¹©￦³ª￦¸¬©￦±­²­±¹±￦°©¥·©￦´¥½±©²¸·Κ￦‬‬
‫‪￦‬‬

‫‪ϯ￦‬ڴڴڴ‪Ζ‬ڴڴڸ‪￦ￖ‬ܩ‪￦‬ڼ‪￦¼￦‬ڴڴڹ‪Ζ‬ڽڹڽ‪ￒ©¥·©￦¶©§©­º¥¦°©￦Ϯￖ‬‬ ‫‪￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ںڻڴ‪Ζ‬ڼ‪ￖ￦‬‬

‫‪ￖ¶©·©²¸￦º¥°¹©￦³ª￦¸¬©￦°©¥·©￦‬‬
‫‪￦￦￦ￛ²«¹¥¶¥²¸©©¨￦¶©·­¨¹¥°￦º¥°¹©￦￦ ￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬
‫‪ϯ￦ ￦‬ڽڷڴڸ‪Κ‬ڴ‪￦¼￦‬ڴڴڴ‪Ζ‬ڴڴڸ‪￦￦￦￦￦￦￦Ϯￖ‬‬ ‫‪￦‬‬ ‫‪￦‬ڴںڹ‪Ζ‬ڵںڵ‪ￖ￦￦‬‬
‫‪￦￦￦ￖ¶©·©²¸￦º¥°¹©￦³ª￦°©¥·©￦´¥½±©²¸·￦‬‬
‫‪ϯ￦ ￦‬ڼڷںڹ‪Κ‬ڹ‪￦¼￦‬ڴڴڹ‪Ζ‬ڽڹڽ‪￦￦￦￦￦￦Ϯￖ‬‬ ‫‪￦‬‬ ‫‪￦‬ںںڸ‪Ζ‬ڼڷڷ‪Ζ‬ڹ‪￦￦￦‬‬ ‫‪￦‬ںںڽ‪Ζ‬ڽڽڸ‪Ζ‬ڹ‪￦￦‬‬
‫‪ￚ³¸¥°￦­²¸©¶©·¸￦³º©¶￦¸¬©￦°©¥·©￦¸©¶±￦￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪Є￦‬ڸڷڴ‪Ζ‬ںڻڹ‪Ζ‬ڶ‪ￖ‬‬
‫‪￦‬‬

‫‪￙­²§©￦ ¸¬©￦ °©¥·©￦ ­·￦ ¥￦ ¨­¶©§¸￦ ª­²¥²§­²«￦ °©¥·©￦ Ϯ±©¥²­²«Ζ￦ ´¶©·©²¸￦ º¥°¹©￦ ³ª￦ ¸¬©￦‬‬
‫‪±­²­±¹±￦ °©¥·©￦ ´¥½±©²¸·￦ ¥´´¶³¼­±¥¸©·￦ ¸¬©￦ º¥°¹©￦ ³ª￦ ¸¬©￦ ´¶³´©¶¸½￦ ¹´³²￦ ¸¬©￦‬‬
‫‪§³±±©²§©±©²¸￦³ª￦¸¬©￦°©¥·©ϯΖ￦¸¬­·￦§¥²￦¦©￦·³°º©¨￦¥°¸©¶²¥¸­º©°½￦¥·Ό￦‬‬
‫‪￦‬ڴڴڴ‪Ζ‬ںڻڹ‪Ζ‬ڶ‪￦ￖ‬ܥ‪ϯσ￦‬ڴڴڴ‪Ζ‬ڴڴڹ‪Ζ‬ڹ‪ϯ￦ ￦ￖ‬ڴڴڴ‪Ζ‬ڴڴڸ‪￦ￖ‬ܩ‪￦‬ڼ‪￦¼￦‬ڴڴڹ‪Ζ‬ڽڹڽ‪σϮￖ‬‬
‫‪￦‬‬
‫ ‪Question No. 4‬‬ ‫ ‬ ‫ )‪(B‬‬
‫‪￦‬ڴںڼ‪Ζ‬ڸڸڹ‪￦ￖ‬ܥ‪￦‬ܫڶڵ‪ϯ￦¼￦‬ڴڴڹ‪Ζ‬ڽڹڽ‪￦ ￦ￖ‬ڴڴڴ‪Ζ‬ڴڴڹ‪Ζ‬ڹ‪Ϯￖ‬‬
‫‪￦‬‬
‫ ‪SUMMARY OF ANSWERS:‬‬
‫ ‪1. C 2. B 3. A 4. B‬‬ ‫ ‬ ‫ ‬ ‫ ‬ ‫ ‬ ‫ ‬ ‫ ‬ ‫ ‬
‫‪￦‬‬
‫‪￦‬‬
‫‪PROBLEM 28-24 Sales-Type Lease￦‬‬
‫‪￦‬‬

‫ ‪Question No. 1‬‬ ‫ ‬ ‫ )‪(A‬‬

‫‪ϯ￦ ￦‬ڴڴڴ‪Ζ‬ڴڴڴ‪Ζ‬ڵ‪￦ￖ‬ܩ‪￦‬ڹ‪￦¼￦‬ڴڴڴ‪Ζ‬ڴڴڴ‪Ζ‬ڷ‪ￒ©¥·©￦¶©§©­º¥¦°©￦Ϯￖ‬‬ ‫‪￦￦‬ڴڴڴ‪Ζ‬ڴڴڴ‪Ζ‬ںڵ‪ￖ‬‬
‫‪ￖ¶©·©²¸￦º¥°¹©￦³ª￦±­²­±¹±￦°©¥·©￦´¥½±©²¸·Ό￦‬‬
‫‪ϯ￦‬ڴڴڴ‪Ζ‬ڴڴڴ‪Ζ‬ڷ‪￦¼￦ￖ‬ڴں‪Κ‬ڷ‪￦￦￦￘©²¸¥°￦Ϯ‬‬ ‫‪￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڴڼ‪Ζ‬ڴڵ‪ￖ‬‬ ‫‪￦‬‬
‫‪￦￦￦ￛ²«¹¥¶¥²¸©©¨￦¶©·­¨¹¥°￦º¥°¹©￦‬‬
‫‪ϯ￦ ￦‬ڴڴڴ‪Ζ‬ڴڴڴ‪Ζ‬ڵ‪￦¼￦ￖ‬ڻڹ‪Κ‬ڴ‪￦￦￦￦￦￦Ϯ‬‬ ‫‪￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڻڹ‪￦￦￦￦￦￦￦‬‬ ‫‪ϯ￦‬ڴڴڴ‪Ζ‬ڴڻڷ‪Ζ‬ڵڵ‪Ϯ‬‬
‫‪ￚ³¸¥°￦¹²©¥¶²©¨￦­²¸©¶©·¸￦­²§³±©￦ ￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڷں‪Ζ‬ڸ‪ￖ￦‬‬
‫‪￦‬‬
‫ ‪Question No. 2‬‬ ‫ ‬ ‫ )‪(B‬‬
‫‪ￖ¶©·©²¸￦º¥°¹©￦³ª￦±­²­±¹±￦°©¥·©￦´¥½±©²¸·￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڻڷ‪Ζ‬ڵڵ‬
‫‪ϯ￦‬ڴڴڴ‪Ζ‬ڴڴڷ‪￦ￖ‬ܩ‪￦‬ڴڴڴ‪Ζ‬ڴڴڴ‪Ζ‬ڼ‪￉³·¸￦³ª￦«³³¨·￦·³°¨￦Ϯￖ‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪ϯ￦‬ڴڴڴ‪Ζ‬ڴڴڷ‪Ζ‬ڼ‪Ϯ‬‬
‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڻڴ‪Ζ‬ڷ‪ￖ‬‬
‫ ‪Question No. 3‬‬ ‫ ‬ ‫ )‪(A‬‬
‫‪￦‬ڴڴڸ‪Ζ‬ڸںڷ‪Ζ‬ڵ‪￦ￖ‬ܥ‪￦‬ܫڶڵ‪￦¼￦‬ڴڴڴ‪Ζ‬ڴڻڷ‪Ζ‬ڵڵ‪ￖ‬‬
‫‪289‬‬
Chapter 28 Lease

Question No. 4 (B)

￙©°°­²«￦´¶­§©￦ ￦ ￖ￦￦‫ڻ‬Ζ‫ڴڸڴ‬Ζ‫ڴڴڴ‬￦￦
￈³³¯￦º¥°¹©￦ ￦ Ϯ￦‫ڹ‬Ζ‫ڴڴں‬Ζ‫ڴڴڴ‬ϯ￦
ￍ¥­²￦³²￦·¥°©￦ ￦ ￖ￦‫ڵ‬Ζ‫ڴڸڸ‬Ζ‫ڴڴڴ‬￦
￦
Question No. 5 (B)
ￖ‫ڻ‬Ζ‫ڴڸڴ‬Ζ‫ڴڴڴ‬￦¼￦‫ܫڴڵ‬￦¼￦‫ں‬ϑ‫ڶڵ‬￦‫ܥ‬￦ￖ‫ڶڹڷ‬Ζ‫ڴڴڴ‬￦
￦
SUMMARY OF ANSWERS:
1. A 2. B 3. A 4. B 5. B
￦
￦
PROBLEM 28-25 Financial Liability, Sale and Leaseback, Impairment loss
on PPE and Investment in Associate
￦
Question No. 1 (B)
ￏ²¸©¶©·¸￦§³·¸￦´¥­¨￦Ϯ‫ڴڹ‬ￓ￦¼￦‫ܫڶڵ‬ϯ￦ ‫ں‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦ￏ²¸©¶©·¸￦©¼´©²·©￦ª³¶￦¸¬©￦½©¥¶￦Ϯ‫ڻڸ‬Ζ‫ڼڻڴ‬Ζ‫ڴڴڴ‬￦¼￦‫ܫڸڵ‬ϯ￦ ‫ں‬Ζ‫ڴڽڹ‬Ζ‫ڴڶڽ‬￦
ￛ²¨©¶·¸¥¸©¨￦ª­²¥²§©￦§³·¸ Ϯ‫ڴڽڹ‬Ζ‫ڴڶڽ‬ϯ
￦

￘³¹²¨©¨￦³ªª￦¸³￦ￖ‫ڵڽڹ‬Ζ‫ڴڴڴ‬￦
￦
Question No. 2 (C)
ￖ¶³ª­¸￦¥§§³¹²¸©¨￦ª³¶￦³²￦¨­·´³·¥°￦³ª￦´°¥²¸￦ ‫ڴڵ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
ￖ¶³ª­¸￦¸³￦¦©￦¦³³¯©¨￦Ϯ‫ڴڵ‬ￓϑ‫ڹ‬￦￞￦Κ‫ڹ‬ϯ￦ ‫ڵ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
ￕº©¶·¸¥¸©¨￦´¶³ª­¸￦³²￦·¥°©￦¥²¨￦°©¥·©¦¥§¯￦ ‫ڽ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
￦
Question No. 3 (C)
ￊ©´¶©§­¥¸­³²￦´©¶￦¦³³¯￦Ϯ‫ڴڷ‬ￓϑ‫ڹڵ‬ϯ ‫ڶ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬
ￊ©´¶©§­¥¸­³²￦¸³￦¦©￦¦³³¯©¨￦ￇ´¶Κ￦‫ڵ‬Ζ￦‫ڹڵڴڶ‬￦¸³￦￙©´¸Κ￦‫ڴڷ‬Ζ￦
‫ڹڵڴڶ‬￦￦Ϯ‫ڴڷ‬ￓϑ‫ڹڵ‬￦￞￦Κ‫ڹ‬ϯ￦ ‫ڵ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
ￊ©´¶©§­¥¸­³²￦¸³￦¦©￦¦³³¯©¨￦ￕ§¸Κ￦‫ڵ‬Ζ￦‫ڹڵڴڶ‬￦¸³￦ￓ¥¶§¬￦‫ڵڷ‬Ζ￦‫ںڵڴڶ‬￦
￦Ϯ‫ںڵ‬ￓϑ‫ڹ‬￦￞￦Κ‫ڹ‬ϯ￦ ‫ڵ‬Ζ‫ڴڴں‬Ζ‫ڶ ڴڴڴ‬Ζ‫ڴڴں‬Ζ‫ڴڴڴ‬
ￛ²¨©¶·¸¥¸©¨￦¨©´¶©§­¥¸­³²￦ Ϯ‫ڴڴں‬Ζ‫ڴڴڴ‬ϯ￦
￦
Question No. 4 (C)
￉¥¶¶½­²«￦º¥°¹©￦¥·￦³ª￦ￕ§¸³¦©¶￦‫ڵ‬Ζ￦‫ڹڵڴڶ‬￦Ϯ‫ڴڷ‬ￓϑ‫ڹڵ‬￦￞￦‫ڴڵ‬Κ‫ڹ‬ϯ￦ ‫ڵڶ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
￘©§³º©¶¥¦°©￦¥±³¹²¸￦ ‫ںڵ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
ￏ±´¥­¶±©²¸￦°³·· ‫ڹ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
￦
Question No. 5 (C)
ￇ§µ¹­·­¸­³²￦§³·¸￦ ‫ں‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
ￊ­º­¨©²¨￦­²§³±©￦Ϯￖ‫ڴڶ‬￦¼￦‫ڴڹ‬Ζ‫ڴڴڴ‬ϯ￦ Ϯ‫ڵ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬ϯ￦
￙¬¥¶©￦­²￦¸¬©￦²©¸￦­²§³±©￦Ϯￖ‫ڴڵ‬ￓ￦¼￦‫ܫڹڶ‬ϯ￦ ‫ڶ‬Ζ‫ڴڴڹ‬Ζ‫ڴڴڴ‬￦
￙¬¥¶©￦­²￦¸¬©￦§³±´¶©¬©²·­º©￦­²§³±©￦Ϯￖ‫ڶ‬ￓ￦¼￦‫ܫڹڶ‬ϯ￦ ‫ڴڴڹ‬Ζ‫ڴڴڴ‬￦
ￏ²º©·¸±©²¸￦­²￦¥··³§­¥¸©￦ ‫ڼ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
290
Chapter 28 Lease

￦
SUMMARY OF ANSWERS:
1. B 2. C 3. C 4. C 5. C
￦
￦
PROBLEM 28-26 Investment Property￦
￦

Question No. 1 (A)

ￔ­°Ζ￦ ·­²§©￦ ¸¬©￦ ´¶³´©¶¸½￦·¬³¹°¨￦¦©￦­²º©·¸±©²¸￦ ´¶³´©¶¸½￦ ¥²¨￦ ²³¸￦ ´¶³´©¶¸½Ζ￦ ´°¥²¸￦
¥²¨￦©µ¹­´±©²¸Κ￦
￦

ￖ¶©·©²¸￦º¥°¹©￦³ª￦´©¶­³¨­§￦´¥½±©²¸￦Ϯ‫ڴڴڹ‬Ζ‫ڴڴڴ‬￦¼￦‫ڸ‬Κ‫ڻڽ‬ϯ￦ ‫ڶ‬Ζ‫ڹڼڸ‬Ζ‫ڴڴڴ‬￦
ￇ¨¨Ό￦ￖ¶©·©²¸￦º¥°¹©￦³ª￦¦¥¶«¥­²￦´¹¶§¬¥·©￦³´¸­³²￦Ϯ‫ڴڴڸ‬Ζ‫ڴڴڴ‬￦¼￦‫ڴ‬Κ‫ڴڸ‬ϯ￦ ‫ڴںڵ‬Ζ‫ڴڴڴ‬￦
ￖ¶©·©²¸￦º¥°¹©￦³ª￦ￓ­²­±¹±￦°©¥·©￦´¥½±©²¸·￦ ‫ڶ‬Ζ‫ڹڸں‬Ζ‫ڴڴڴ‬￦
￦

ￖ¶©·©²¸￦º¥°¹©￦³ª￦±­²­±¹±￦°©¥·©￦´¥½±©²¸·￦ ‫ڶ‬Ζ‫ڹڸں‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦ￌ¥­¶￦º¥°¹©￦³ª￦¸¬©￦°¥²¨￦¥¸￦¸¬©￦­²§©´¸­³²￦³ª￦¸¬©￦°©¥·©￦ ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦
￉³·¸￦³ª￦¸¬©￦¦¹­°¨­²«￦¥·￦­²º©·¸±©²¸￦´¶³´©¶¸½￦ ‫ڶ‬Ζ‫ڹڸڸ‬Ζ‫ڴڴڴ‬￦
￦

Amortization Table
Annual Interest Present
Date Payment Expense Amortization value
‫ڵڴ‬ϑ‫ڵڴ‬ϑ‫ڼڵڴڶ‬ ‫ڶ‬Ζ‫ڹڸں‬Ζ‫ڴڴڴ‬
‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ڼڵڴڶ‬￦ ‫ڴڴڹ‬Ζ‫ڴڴڴ‬￦ 317,400 ‫ڶڼڵ‬Ζ‫ڴڴں‬￦ ‫ڶ‬Ζ‫ڶںڸ‬Ζ‫ڴڴڸ‬￦
‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ڽڵڴڶ‬￦ ‫ڴڴڹ‬Ζ‫ڴڴڴ‬￦ ‫ڹڽڶ‬Ζ‫ڼڼڸ‬￦ 204,512 2,257,888

Question No. 2 (C)
ￖ‫ڻڵڷ‬Ζ‫ڴڴڸ‬Κ￦￙©©￦¥±³¶¸­¾¥¸­³²￦¸¥¦°©￦¥¦³º©Κ￦

Question No. 3 (C)
ￖ‫ڸڴڶ‬Ζ‫ڶڵڹ‬Κ￦￙©©￦¥±³¶¸­¾¥¸­³²￦¸¥¦°©￦¥¦³º©Κ￦

Question No. 4 (C)
ￖ‫ڶ‬Ζ‫ڻڹڶ‬Ζ‫ڼڼڼ‬Κ￦￙©©￦¥±³¶¸­¾¥¸­³²￦¸¥¦°©￦¥¦³º©Κ￦

Question No. 5 and 6
ￚ³¸¥°￦¶©²¸￦­²§³±©￦Ϯ‫ڴڸ‬Ζ‫ڴڴڴ‬￦¼￦‫ڸڶ‬ϯ￦‫ܩ‬￦Ϯ‫ڴڹ‬Ζ‫ڴڴڴ‬￦¼￦‫ڸڶ‬ϯ￦¼￦‫ڴڶ‬￦ ‫ڷڸ‬Ζ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦
ￊ­º­¨©￦¦½Ό￦ￔ¹±¦©¶￦³ª￦½©¥¶·￦ ‫ڸ‬￦
￘©²¸￦­²§³±©￦´©¶￦½©¥¶￦ ‫ڴڵ‬Ζ‫ڴڴڼ‬Ζ‫ڴڴڴ‬￦
￦

ￖ©¶­³¨­§￦¶©²¸￦ ‫ڴڵ‬Ζ‫ڴڴڼ‬Ζ‫ڴڴڴ‬￦
ￇ¨¨Ό￦ￇ±³¶¸­¾¥¸­³²￦³ª￦°©¥·©￦¦³²¹·￦Ϯ‫ڴڷ‬Ζ‫ڴڴڴ‬￦¼￦‫ڴڶ‬ϯϑ‫ڸ‬￦ ‫ڴڹڵ‬Ζ‫ڴڴڴ‬￦
ￍ¶³··￦￘©²¸¥°￦­²§³±©￦Ϯￔ³Κ￦‫ڹ‬ϯ￦ (A)￦ ‫ڴڵ‬Ζ‫ڴڹڽ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό ￋ¼´©²·©·￦
￦￦￦ￇ±³¶¸­¾¥¸­³²￦³ª￦­²­¸­¥°￦¨­¶©§¸￦§³·¸￦Ϯ‫ڹ‬Ζ‫ڴڴڴ‬￦¼￦‫ڴڶ‬ϯϑ‫ڸ‬￦ ‫ڹڶ‬Ζ‫ڴڴڴ‬￦
￦￦￦ￇ²²¹¥°￦±¥­²¸©²¥²§©￦§³·¸￦ ‫ڴڸ‬Ζ‫ڴڴڴ‬￦
￦￦￦ￏ²¸©¶©·¸￦©¼´©²·©￦ ‫ڻڵڷ‬Ζ‫ڴڴڸ‬
￦￦￦ￊ©´¶©§­¥¸­³²￦ЄϮ‫ڶ‬Ζ‫ڹڸں‬Ζ‫ڴڴڴ‬Ο‫ڴڴڶ‬Ζ‫ڴڴڴ‬ϑ‫ڴڵ‬ϯ￦ ‫ڸڸڶ‬Ζ‫ڴڴڹ‬￦

291
Chapter 28 Lease

ￔ©¸￦¶©²¸¥°￦­²§³±©￦ ￦ (B)￦ ‫ڴڵ‬Ζ‫ڷڶڷ‬Ζ‫ڴڴڵ‬￦

SUMMARY OF ANSWERS:
1. A 2. C 3. C 4. C 5. A 6. B


PROBLEM 28-27
￦

Question No. 1 (D)

Ϯ‫ڴڴڽ‬Ζ‫ڴڹܩڴڴڴ‬Ζ‫ڹڶܩڴڴڴ‬Ζ‫ڴڴڴ‬ϯ￦ ￖ￦ ‫ڹڻڽ‬Ζ‫ڴڴڴ‬￦
￦
Question No. 2 (D)
ￚ³¸¥°￦»¥¶¶¥²¸½￦©¼´©²·©￦Ϯ‫ڵ‬Κ‫ڸ‬ￓ￦¼￦‫ܫڶڵ‬ϯ￦ ￖ￦ ‫ڼںڵ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦ￚ³¸¥°￦¥§¸¹¥°￦©¼´©²¨­¸¹¶©·￦ ￦ ￦￦‫ڷں‬Ζ‫ڴڴڴ‬￦
￝¥¶¶¥²¸½￦°­¥¦­°­¸½￦©²¨￦³ª￦‫ڹڵڴڶ‬￦ ￖ￦ ‫ڹڴڵ‬Ζ‫ڴڴڴ‬￦
￦
Question No. 3 (C)
ￒ©«¥°￦·©¶º­§©·￦ ￖ￦ ‫ڸ‬Ζ‫ڴڴں‬￦
ￇ¨¨Ό￦ￓ©¨­§¥°￦·©¶º­§©·￦ ￦ ￦￦‫ڹ‬Ζ‫ڴڴڹ‬￦
￦￦￦￦￦￦￦ￖ¥½¶³°°￦Ϯ‫ڸڵ‬Ζ‫ڴڴڸ‬ϑ‫ڶڵ‬￦¼￦‫ڼ‬ϯ￦ ￦ ￦￦‫ڽ‬Ζ‫ڴڴں‬￦
￦￦￦￦￦￦￦￘³½¥°¸­©·￦ ￦ ￦￦‫ڷ‬Ζ‫ڴڴڽ‬￦
ￚ³¸¥°￦¥§§¶¹¥°￦ ￖ￦ ‫ڷڶ‬Ζ‫ڴڴں‬￦
￦
Question No. 4 (D)
ￌ¥­¶￦º¥°¹©￦Ϯ©µ¹¥°￦¸³￦´¶©·©²¸￦º¥°¹©￦ￓￒￖϯ￦ ￖ￦ ‫ڴڽڸ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦ￌ­¶·¸￦´¥½±©²¸￦ ￦ ￦￦‫ڴڻ‬Ζ‫ڴڴڴ‬￦
ￚ³¸¥°￦ ￦ ‫ڴڶڸ‬Ζ‫ڴڴڴ‬￦
ￇ¨¨Ό￦ￏ²¸©¶©·¸￦¥§§¶¹©¨￦Ϯ‫ڴڶڸ‬Ζ‫ڴڴڴ‬￦¼￦‫ܫڽ‬ϯ￦ ￦ ‫ڻڷ‬Ζ‫ڴڴڼ‬￦
ￚ³¸¥°￦°©¥·©￦°­¥¦­°­¸½￦ ￖ￦ ‫ڻڹڸ‬Ζ‫ڴڴڼ‬￦
￦
Question No. 5 (A)
Ϯ‫ڷ‬Ζ‫ڹڻڼ‬Ζ‫ڶڴڽ‬￦¼￦‫ܫڵڵڵ‬ϯΟ‫ڴڴڸ‬Ζ‫ڴڴڴ‬￦ ￖ￦ ‫ڷ‬Ζ‫ڶڴڽ‬Ζ‫ڵڹڶ‬￦
￦
SUMMARY OF ANSWERS:
1. D 2. D 3. C 4. D 5. A
￦
￦
PROBLEM 28-28
￦

Question No. 1 (C)

ￛ²¥¨®¹·¸©¨￦¦¥°¥²§©￦ ￦ￇ§§³¹²¸·￦ￖ¥½¥¦°©￦ ‫ڴڹڸ‬Ζ‫ڴڴڴ‬￦
‫ڶ‬￦ ‫ڴں‬Ζ‫ڴڴڴ‬￦
‫ڷ‬￦ ‫ڹڸ‬Ζ‫ڴڴڴ‬
ￇ¨®¹·¸©¨￦¦¥°¥²§©￦ ‫ڹڹڹ‬Ζ‫ڴڴڴ‬
￦

292
Chapter 28 Lease

Question No. 2 (A)

ￛ²­¸·￦·³°¨Ό￦
￦￦ￕ§¸³¦©¶￦ ￦ ￦ ￦ ‫ڶڷ‬Ζ‫ڴڴڴ‬￦
￦￦ￔ³º©±¦©¶￦ ￦ ￦ ￦ ‫ڼڶ‬Ζ‫ڴڴڴ‬￦
￦￦ￊ©§©±¦©¶￦ ￦ ￦ ￦ ￦￦￦￦￦‫ڴڸ‬Ζ‫ڴڴڴ‬￦
ￚ³¸¥°￦ ￦ ￦ ￦ ￦￦￦‫ڴڴڵ‬Ζ‫ڴڴڴ‬￦
ￓ¹°¸­´°½￦¦½￦ ￦ ￦ ￦ ￦￦￦￦￦￦￦￦￦￦￦‫ܫڶ‬￦
ￚ³¸¥°￦ª¥­°¹¶©·￦©¼´©§¸©¨￦ ￦ ￦ ￦ ￦￦￦￦￦￦￦‫ڶ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦ￌ¥­°¹¶©·￦¥°¶©¥¨½￦¶©§³¶¨©¨Ό￦
￦￦ￕ§¸³¦©¶￦·¥°©·￦ ￦ ￦￦￦￦￦￦￦‫ڴڸں‬￦
￦￦ￔ³º©±¦©¶￦·¥°©·￦ ￦￦￦￦ ￦￦￦￦￦￦￦‫ڴںڷ‬￦
￦￦ￊ©§©±¦©¶￦·¥°©·￦ ￦ ‫ڴڼڵ‬￦ ￦ ‫ڵ‬Ζ‫ڴڼڵ‬￦
ￋ¼´©§¸©¨￦ª¹¸¹¶©￦ª¥­°¹¶©·￦ ￦ ￦ ￦ ￦￦￦￦￦￦￦￦￦‫ڴڶڼ‬￦
ￓ¹°¸­´°½￦¦½￦ ￦ ￦ ￦ ￦￦￦￦￦￦￦￦￦‫ڴڹڵ‬￦
ￋ·¸­±¥¸©¨￦§³·¸￦ ￦ ￦ ￦ ￦￦‫ڷڶڵ‬Ζ‫ڴڴڴ‬￦
￦

￝¥¶¶¥²¸½￦©¼´©²·©￦ ￦ ￦ ‫ڷڶڵ‬Ζ‫ڴڴڴ‬￦
￦￦￦ￋ·¸­±¥¸©¨￦»¥¶¶¥²¸½￦°­¥¦­°­¸½￦ ￦ ￦ ￦‫ڷڶڵ‬Ζ‫ڴڴڴ‬￦

Question No. 3 (C)￦
ￔ³¸©·￦´¥½¥¦°©￦­·￦Ϯ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦¼￦‫ڷ‬Κ‫ڼڸڴں‬ϯ￦‫ܥ‬￦‫ڴڶڻ‬Ζ‫ڴںڽ‬￦
￦

Amortization Table
Annual Interest Present
Date Payment Expense Amortization value
‫ڵڴ‬ϑ‫ڵڴ‬ϑ‫ڻڵڴڶ‬ ‫ڴڶڻ‬Ζ‫ڴںڽ‬
‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ڻڵڴڶ‬￦ ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦ ‫ںڼ‬Ζ‫ڹڵڹ‬￦ ‫ڷڵڵ‬Ζ‫ڹڼڸ‬￦ ‫ڻڴں‬Ζ‫ڹڻڸ‬￦
‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ڼڵڴڶ‬￦ ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦ ‫ڶڻ‬Ζ‫ڻڽڼ‬￦ 127,103 ‫ڴڼڸ‬Ζ‫ڶڻڷ‬￦
￦
Question No. 4 (B)
ￖ¶©·©²¸￦º¥°¹©￦³ª￦´¶­²§­´¥°￦Ϯ‫ڸ‬ￓ￦¼￦Κ‫ڴڷڼں‬ϯ￦ ‫ڶ‬Ζ‫ڶڷڻ‬Ζ‫ڴڴڴ‬￦
ￖ¶©·©²¸￦º¥°¹©￦³ª￦­²¸©¶©·¸￦´¥½±©²¸·￦Ϯ‫ڴڼڸ‬Ζ‫ڴڴڴ‬￦¼￦‫ڷ‬Κ‫ڽڽںڵ‬ϯ￦ ‫ڵ‬Ζ‫ڵڶڹ‬Ζ‫ڶڹڹ‬￦
ￚ³¸¥°￦ￖ¶©·©²¸￦º¥°¹©￦ ‫ڸ‬Ζ‫ڷڹڶ‬Ζ‫ڶڹڹ‬￦
￦

Amortization Table
Interest Interest Premium Present
Date Payment Expense Amortization value
‫ڵڴ‬ϑ‫ڵڴ‬ϑ‫ڼڵڴڶ‬ ‫ڸ‬Ζ‫ڷڹڶ‬Ζ‫ڶڹڹ‬
‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ڼڵڴڶ‬￦ ‫ڴڼڸ‬Ζ‫ڴڴڴ‬￦ ‫ڹڶڸ‬Ζ‫ڹڹڷ‬￦ ‫ڸڹ‬Ζ‫ڹڸں‬￦ ‫ڸ‬Ζ‫ڼڽڵ‬Ζ‫ڻڴڽ‬￦
￦
Question No. 5 (D)
￦

ￖ¶©·©²¸￦º¥°¹©￦³ª￦±­²­±¹±￦°©¥·©￦´¥½±©²¸·￦Ϯ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦¼￦‫ں‬Κ‫ڽڹڻ‬ϯ￦ ￖ‫ڵ‬Ζ‫ڵڹڷ‬Ζ‫ڴڴڼ‬￦
￦

Amortization Table
Annual Interest Present
Date Payment Expense Amortization value
‫ڵڴ‬ϑ‫ڵڴ‬ϑ‫ڼڵڴڶ‬￦ ‫ڵ‬Ζ‫ڵڹڷ‬Ζ‫ڴڴڼ‬￦
‫ڵڴ‬ϑ‫ڵڴ‬ϑ‫ڼڵڴڶ‬ ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦ Ο ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦ ‫ڵ‬Ζ‫ڵڹڵ‬Ζ‫ڴڴڼ‬
293
Chapter 28 Lease

‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ڼڵڴڶ‬￦ ￦ ‫ڹڵڵ‬Ζ‫ڴڼڵ‬￦ 1,266,980

￦

SUMMARY OF ANSWERS:
1. C 2. A 3. C 4. B 5. D
￦
￦
PROBLEM 28-29
￦

Question No. 1 (D)￦

￠©¶³Ζ￦¸¬©￦¸»³￦²³¸©·￦´¥½¥¦°©￦·¬³¹°¨￦¦©￦´¶©·©²¸©¨￦¥·￦²³²§¹¶¶©²¸￦°­¥¦­°­¸­©·Κ￦
￦
Question No. 2 (D)
FINANCE LEASE: Amortization Table
Annual Interest Present
Date Payment Expense Amortization value
‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ڻڵڴڶ‬￦ ‫ڽڻڷ‬Ζ‫ڶڽں‬￦
‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ڻڵڴڶ‬ ‫ڴں‬Ζ‫ڴڴڴ‬￦ Ο ‫ڴں‬Ζ‫ڴڴڴ‬￦ ‫ڽڵڷ‬Ζ‫ڶڽں‬
‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ڼڵڴڶ‬￦ ‫ڴں‬Ζ‫ڴڴڴ‬￦ 38,363 ‫ڵڶ‬Ζ‫ڻڷں‬￦ ‫ڼڽڶ‬Ζ‫ڹڹڴ‬￦
‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ڽڵڴڶ‬￦ ‫ڴں‬Ζ‫ڴڴڴ‬￦ ‫ڹڷ‬Ζ‫ڻںڻ‬￦ ‫ڸڶ‬Ζ‫ڷڷڶ‬￦ 273,822
￦

ￇ²·»©¶Ό￦ￖ‫ڷڻڶ‬Ζ‫ڶڶڼ‬Κ￦￘©ª©¶￦¸³￦¥±³¶¸­¾¥¸­³²￦¸¥¦°©￦¥¦³º©Κ￦

Question No. 3 (B)
ￇ²·»©¶Ό￦ￖ‫ڼڷ‬Ζ‫ڷںڷ‬Κ￦￘©ª©¶￦¸³￦¥±³¶¸­¾¥¸­³²￦¸¥¦°©￦¥¦³º©Κ￦
￦
Question No. 4 (D)
￦

ￇ²²¹¥°￦¶©²¸￦©¼´©²·©￦‫ܥ‬￦ￖ‫ڴڶڻ‬Ζ‫ڴڴڴ‬ϑ‫ܥڷ‬ￖ‫ڴڸڶ‬Ζ‫ڴڴڴ‬￦
￦

Operating lease
Date Expense Expense Payment Accrued rent
To date to date (Prepaid)
‫ڵ‬ϑ‫ڵ‬Ο‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ڼڵ‬￦ ‫ڴڸڶ‬Ζ‫ڴڴڴ‬￦ ‫ڴڸڶ‬Ζ‫ڴڴڴ‬￦ ‫ڴڶڵ‬Ζ‫ڴڴڴ‬￦ 120,000
‫ڵ‬ϑ‫ڵ‬Ο‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ڽڵ‬￦ ‫ڴڸڶ‬Ζ‫ڴڴڴ‬￦ ‫ڴڼڸ‬Ζ‫ڴڴڴ‬￦ ‫ڴڴڷ‬Ζ‫ڴڴڴ‬￦ ‫ڴڼڵ‬Ζ‫ڴڴڴ‬￦
‫ڵ‬ϑ‫ڵ‬Ο‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ڴڶ‬￦ ‫ڴڸڶ‬Ζ‫ڴڴڴ‬￦ ‫ڴڶڻ‬Ζ‫ڴڴڴ‬￦ ‫ڴڶڻ‬Ζ‫ڴڴڴ‬￦ Ο￦
￦
Question No. 5 (C)
CONTINGENCIES
ￇ²·»©¶Ό￦ￖ‫ڴڴڸ‬Ζ‫ڴڴڴ‬￦Ϯￖ‫ڴڴڶ‬Ζ‫ܩڴڴڴ‬ￖ‫ڴڴڶ‬Ζ‫ڴڴڴ‬ϯ￦
￦

‫ڵ‬Κ ￕ²°½￦¥￦¨­·§°³·¹¶©￦­·￦²©§©··¥¶½￦¦©§¥¹·©￦­¸￦­·￦²³¸￦´¶³¦¥¦°©￦¸¬¥¸￦¸¬©￦§³±´¥²½￦
»­°°￦￦¦©￦°­¥¦°©Ζ￦¥°¸¬³¹«¬￦¸¬©￦¥±³¹²¸￦§¥²￦¦©￦±©¥·¹¶©¨￦¶©°­¥¦°½Κ￦
￦

‫ڶ‬Κ￦￦￘©¸¥­²©¨￦©¥¶²­²«·￦ ￦ ￦ ￦ ￦￦￦‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦
￦ ￋ·¸­±¥¸©¨￦°­¥¦­°­¸½￦ª³¶￦­²§³±©￦¸¥¼￦￦ ￦ ￦ ￦￦‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦
￦

‫ڷ‬Κ￦￦ￇ§§³¹²¸·￦¶©§©­º¥¦°©￦ ￦ￏ²²³º¥￦ ￦ ￦ ￦‫ڴڶڵ‬Ζ‫ڴڴڴ‬￦

￦￦￦￦￦ￒ³··￦³²￦«¹¥¶¥²¸½￦ ￦ ￦ ￦ ￦￦￦￦￦￦￦‫ڴڼ‬Ζ‫ڴڴڴ‬￦
￦ ￔ³¸©￦´¥½¥¦°©￦ ￦¦¥²¯￦ ￦ ￦ ￦ ￦ ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦
￦

SUMMARY OF ANSWERS:
1. D 2. D 3. B 4. D 5. C
294
‫‪Chapter 28‬‬ ‫‪Lease‬‬

‫ ‪PROBLEM 28-30‬‬
‫‪￦‬‬

‫ ‪Question No. 1‬‬

‫ ‪Date‬‬ ‫ ‪Finance cost‬‬ ‫ ‪Present Value‬‬
‫‪￦‬ڷڵڴڶ‪ϑ‬ڵڴ‪ϑ‬ڸڴ‬ ‫‪￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڴڴ‪Ζ‬ڽڵ‬
‫‪￦‬ڸڵڴڶ‪ϑ‬ڵڷ‪ϑ‬ڷڴ‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڴڽ‪Ζ‬ڵ‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڴڽ‪Ζ‬ڴڶ‬
‫‪￦‬ڹڵڴڶ‪ϑ‬ڵڷ‪ϑ‬ڷڴ‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڽڴ‪Ζ‬ڶ‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڽڽ‪Ζ‬ڶڶ‬
‫‪￦‬ںڵڴڶ‪ϑ‬ڵڷ‪ϑ‬ڷڴ‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڽڽڶ‪Ζ‬ڶ‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڽڼڶ‪Ζ‬ڹڶ‬
‫ڻڵڴڶ‪ϑ‬ڵڷ‪ϑ‬ڷڴ‬ ‫ڴڴڽ‪Ζ‬ڼڶڹ‪Ζ‬ڶ‬ ‫ڴڴڽ‪Ζ‬ڻڵڼ‪Ζ‬ڻڶ‬
‫ڼڵڴڶ‪ϑ‬ڵڷ‪ϑ‬ڷڴ‬ ‫ڴڽڻ‪Ζ‬ڵڼڻ‪Ζ‬ڶ‬ ‫ڴڽں‪Ζ‬ڽڽڹ‪Ζ‬ڴڷ‬
‫‪￦‬‬
‫ ‪Revised‬‬ ‫ ‬ ‫ ‬
‫ ‪Date‬‬ ‫ ‪Finance cost‬‬ ‫ ‪Present Value‬‬
‫‪￦‬ڼڵڴڶ‪ϑ‬ڵڴ‪ϑ‬ڸڴ‬ ‫‪￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڴڴ‪Ζ‬ڹڶ‬
‫‪￦‬ڼڵڴڶ‪ϑ‬ڴڷ‪ϑ‬ڽڴ‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڹڶ‪Ζ‬ڵ‬ ‫‪￦‬‬
‫‪￦‬‬

‫‪ϯ‬ڶڵ‪ϑ‬ں‪￦¼￦‬ڴڽڻ‪Ζ‬ڵڼڻ‪Ζ‬ڶ‪￦Ϯ‬ڼڵڴڶ‪ϑ‬ڵڷ‪ϑ‬ڷ‪￦¸³￦‬ڼڵڴڶ‪ϑ‬ڵ‪ϑ‬ڴڵ‬ ‫‪￦‬ڹڽڼ‪Ζ‬ڴڽڷ‪Ζ‬ڵ‬
‫‪￦‬ڶڵ‪ϑ‬ں‪￦¼￦‬ܫڴڵ‪￦¼￦‬ڴڴڴ‪Ζ‬ڴڴڴ‪Ζ‬ڹڶ‪￦Ϯ‬ڼڵڴڶ‪ϑ‬ڴڷ‪ϑ‬ڽ‪￦¸³￦‬ڼڵڴڶ‪ϑ‬ڵڴ‪ϑ‬ڸڴ‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڹڶ‪Ζ‬ڵ‬
‫‪ￌ­²¥²§©￦§³·¸￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪(C)￦‬‬ ‫‪￦‬ڹڽڼ‪Ζ‬ڴڸں‪Ζ‬ڶ‬
‫‪￦‬‬
‫ ‪Question No. 2‬‬
‫‪￦‬ڵڷ‪￦¸³￦ￓ¥¶§¬￦‬ڵ‪ￊ©´¶©§­¥¸­³²￦ￕ§¸³¦©¶￦‬‬ ‫ڴڴڴ‪Ζ‬ڹڶڻ‪Ζ‬ڷ‬
‫‪ϯ￦‬ڶڵ‪ϑ‬ں‪￦¼￦‬ڹڵ‪ϑ‬ڴڵڷ‪Ζ‬ڴںڵ‪Ζ‬ںڴڵ‪￦Ϯ‬ڼڵڴڶ‪ￊ©´¶©§­¥¸­³²￦ￇ´¶­°￦¸³￦￙©´¸￦‬‬ ‫‪￦‬ڸڸڷ‪Ζ‬ڼڷڹ‪Ζ‬ڷ‬
‫‪ￚ³¸¥°￦¨©´¶©§­¥¸­³²￦‬‬ ‫‪￦‬‬ ‫‪(B)￦‬‬ ‫‪￦‬ڸڸڷ‪Ζ‬ڷںڶ‪Ζ‬ڻ‬
‫‪￦‬‬
‫ ‪Question No. 3‬‬
‫‪￉³·¸￦³ª￦¸¬©￦´°¥²¸￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڴڴ‪Ζ‬ڴڷڵ ‪￦‬‬
‫¸·‪ￇ¨¨Ό￦ￖ¶©·©²¸￦º¥°¹©￦³ª￦¨©§³±±­··­³²­²«￦§³‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڴڴ‪Ζ‬ڽڵ‬
‫‪ￚ³¸¥°￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڴڴ‪Ζ‬ڽڸڵ ‪￦‬‬
‫‪ϯ￦‬ڹ‪￦¼￦‬ڴڶ‪ￓϑ‬ڽڸڵ‪ￒ©··Ό￦ￇ§§¹±¹°¥¸©¨￦¨©´¶©§­¥¸­³²￦Ϯ‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڹڶ‪Ζ‬ڻڷ ‪￦‬‬
‫‪￦‬ڼڵڴڶ‪ϑ‬ڵڷ‪ϑ‬ڷ‪￉¥¶¶½­²«￦º¥°¹©Ζ￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڹڻ‪Ζ‬ڵڵڵ ‪￦‬‬
‫½¸­‪ￒ©··Ό￦ￊ©§¶©¥·© ¨¹©￦¸³￦¶©º­·­³²￦³ª￦¨©§³±￦°­¥¦­°‬‬ ‫‪￦‬‬
‫‪￦ￖ¶©·©²¸￦º¥°¹©￦³ª￦¨©§³±±­··­³²­²«￦°­¥¦­°­¸½￦‬‬ ‫‪￦‬ڴڽں‪Ζ‬ڽڽڹ‪Ζ‬ڴڷ‬ ‫‪￦‬‬
‫‪￦ￒ©··Ό￦￘©º­·©¨￦©·¸­±¥¸©￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڴڴ‪Ζ‬ڹڶ‬ ‫‪￦‬ڴڽں‪Ζ‬ڽڽڹ‪Ζ‬ڹ‬
‫‪ￚ³¸¥°￦‬‬ ‫‪￦‬ڴڵڷ‪Ζ‬ڴڹڵ‪Ζ‬ںڴڵ ‪￦‬‬
‫‪￦‬ڼڵڴڶ ‪ￒ©··Ό ￊ©´¶©§­¥¸­³²￦ ￇ´¶­°￦ ¸³￦ ￙©´¸￦‬‬ ‫‪￦‬ڸڸڷ‪Ζ‬ڼڷڹ‪Ζ‬ڷ‬
‫‪ϯ￦‬ڶڵ‪ϑ‬ں‪￦¼￦‬ڹڵ‪ϑ‬ڴڵڷ‪Ζ‬ڴںڵ‪Ζ‬ںڴڵ‪Ϯ‬‬
‫‪￦‬ڼڵڴڶ‪ϑ‬ڴڷ‪ϑ‬ڽ‪￉¥¶¶½­²«￦º¥°¹©Ζ￦‬‬ ‫‪(B)￦‬‬ ‫‪￦‬ںںڽ‪Ζ‬ڵڵں‪Ζ‬ڶڴڵ ‪￦‬‬
‫ ‬
‫ ‪Question No. 4‬‬
‫‪￦‬ڼڵڴڶ‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڴڴ‪Ζ‬ں‬
‫‪￦‬ڽڵڴڶ‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڴڷ‪Ζ‬ں‬
‫‪￦‬ڴڶڴڶ‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڹڵں‪Ζ‬ں‬
‫‪ￚ³¸¥°￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڹڵڽ‪Ζ‬ڼڵ‬
‫‪ￊ­º­¨©￦¦½Ό￦ￚ³¸¥°￦·©±­Ο¥²²¹¥°￦´¥½±©²¸·￦‬‬ ‫‪￦‬ں‬
‫©‪￙©±­Ο¥²²¹¥°￦­²§³±‬‬ ‫‪￦‬‬ ‫)‪(B‬‬ ‫‪￦‬ڴڴڹ‪Ζ‬ڶڹڵ‪Ζ‬ڷ‬
‫‪295‬‬
Chapter 28 Lease

Question No. 5
ￚ³¸¥°￦­²§³±©￦¸³￦¨¥¸© ‫ڷ‬Ζ‫ڶڹڵ‬Ζ‫ڴڴڹ‬
ￒ©··Ό￦ￚ³¸¥°￦§³°°©§¸­³²￦¸³￦¨¥¸©￦ ‫ڷ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
￘©²¸￦¶©§©­º¥¦°©￦ ￦ ￦ (B)￦ ‫ڶڹڵ‬Ζ‫ڴڴڹ‬￦
￦
SUMMARY OF ANSWERS:
1. C 2. B 3. B 4. B 5. B


PROBLEM 28-31
Question No. 1
ￎ©°¨￦ª³¶￦·¥°©￦¥··©¸￦Ϯ‫ڶڵ‬Ζ‫ڴڴڼ‬￦ ￦‫ڽ‬Ζ‫ڴڴڼ‬ϯ￦ ‫ڷ‬Ζ‫ڴڴڴ‬￦
ￊ©´¶©§­¥¸­³²￦§¬¥¶«©￦￦ ‫ڹڻ‬Ζ‫ڴڼڻ‬￦
ￚ³¸¥°￦ ‫ڼڻ‬Ζ‫ڴڼڻ‬￦
￦

ￊ©´¶©§­¥¸­³²￦ª³¶￦½©¥¶Ο¦¹­°¨­²«·￦Ϯ‫ڴڴں‬Ζ‫ڴڴڴ‬ϑ‫ڴڶ‬ϯ￦ ‫ڴڷ‬Ζ‫ڴڴڴ‬￦
￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦Ο´°¥²¸￦Ϯ‫ڴڶڶ‬Ζ‫ڴڴڽ‬￦¼￦‫ܫڴڶ‬ϯ￦ ‫ڸڸ‬Ζ‫ڴڼڵ‬￦
￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦Ο°©¥·©¨￦±¥§¬­²©￦Ϯ‫ڼ‬Ζ‫ڴڴڴ‬ϑ￦‫ڹ‬￦½©¥¶·ϯ￦ ‫ڵ‬Ζ‫ڴڴں‬￦
ￚ³¸¥°￦ￊ©´¶©§­¥¸­³²￦ￋ¼´©²·©￦ ￦ (C)￦ ‫ڹڻ‬Ζ‫ڴڼڻ‬
￦
Question No. 2
ￖ°¥²¸￦̲￦±¥§¬­²©¶½Ο§³·¸￦ ‫ڼڻڶ‬Ζ‫ڴڴڶ‬￦
￦￦ￇ§§¹±¹°¥¸©¨￦¨©´¶©§­¥¸­³²￦ Ο‫ڸڸ‬Ζ‫ڴڴڹ‬￦
￦￦°©··Ό￦§¥¶¶½­²«￦¥±³¹²¸￦³ª￦¬©°¨￦ª³¶￦·¥°©￦ Ο‫ڶڵ‬Ζ‫ڴڶڶ ڴڴڼ‬Ζ‫ڴڴڽ‬
ￇ¨¨Ό￦ￒ©¥·©¨￦±¥§¬­²© ‫ڼ‬Ζ‫ڴڴڴ‬
ￒ©··Ό￦ￊ©´¶©§­¥¸­³²￦ª³¶￦½©¥¶Ό￦
￦ Ο´°¥²¸￦Ϯ‫ڴڶڶ‬Ζ‫ڴڴڽ‬￦¼￦‫ܫڴڶ‬ϯ￦ ‫ڸڸ‬Ζ‫ڴڼڵ‬￦
￦ ￦Ο°©¥·©¨￦±¥§¬­²©￦Ϯ‫ڼ‬Ζ‫ڴڴڴ‬ϑ￦‫ڹ‬￦½©¥¶·ϯ ‫ڵ‬Ζ‫ڴڴں‬ ‫ڹڸ‬Ζ‫ڴڼڻ‬
￉¥¶¶½­²«￦¥±³¹²¸￦ (A)￦ ‫ڷڼڵ‬Ζ‫ڴڶڵ‬￦
￦
Question No. 3
ￚ³¸¥°￦¨©´¶©§­¥¸­³²￦³ª￦¸¬©￦¦¹­°¨­²«￦Ϯ‫ڴڴں‬Ζ‫ڴڴڴ‬ϑ‫ڴڶ‬ϯ￦ ‫ڴڷ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό ￊ©´¶©§­¥¸­³²￦¦¥·©¨￦³²￦§³·¸ Ϯ‫ڵ‬Κ‫ڵ‬ￓΟ‫ڴڴڻ‬Ζ‫ڴڴڴ‬ϯϑ‫ڹڶ‬ ‫ںڵ‬Ζ‫ڴڴڴ‬
ￖ­©§©±©¥°￦¶©¥°­¾¥¸­³²￦ ￦ ￦ (C)￦ ‫ڸڵ‬Ζ‫ڴڴڴ‬
￦
Question No. 4 (C)
Interest Amorti- Present
Date Payment expense zation value
‫ڻڴ‬ϑ‫ڵڴ‬ϑ‫ڻڵڴڶ‬￦ ‫ڼ‬Ζ‫ڴڴڴ‬￦
‫ڻڴ‬ϑ‫ڵڴ‬ϑ‫ڻڵڴڶ‬ ‫ڶ‬Ζ‫ڴڴڴ‬￦ Ο ‫ڶ‬Ζ‫ڴڴڴ‬ ‫ں‬Ζ‫ڴڴڴ‬
‫ںڴ‬ϑ‫ڴڷ‬ϑ‫ڼڵڴڶ‬￦ ‫ڵ‬Ζ‫ڴڴڹ‬￦ Ϯ‫ں‬Ζ‫ڴڴڴ‬￦¼￦‫ܫڼ‬ϯ￦ ‫ڴڼڸ‬￦ ‫ڵ‬Ζ‫ڴڶڴ‬￦ ‫ڸ‬Ζ‫ڴڼڽ‬￦
‫ںڴ‬ϑ‫ڴڷ‬ϑ‫ڽڵڴڶ‬￦ ‫ڵ‬Ζ‫ڴڴڹ‬￦ Ϯ‫ڸ‬Ζ‫ڴڼڽ‬￦¼￦‫ܫڼ‬ϯ￦ ‫ڼڽڷ‬￦ ‫ڵ‬Ζ‫ڶڴڵ‬￦ ‫ڷ‬Ζ‫ڼڻڼ‬￦
￦
SUMMARY OF ANSWERS:
1. C 2. A 3. C 4. C
￦
296
Chapter 28 Lease

PROBLEMS RELATING TO PFRS 16 (EFFECTIVE JANUARY 1, 2019)

PROBLEM 28-32 Initial Measurement of Right-of-Use and Lease Liability￦
￦
￦
PROBLEM 28-33 Lease Modification-Different Cases
￦
￦
PROBLEM 28-34 Sublease
￦
￦
PROBLEM 28-35 Sale and leaseback
￦
￦ ￦

297
Chapter 28 Lease

￦ ￦

298
Chapter 28 Lease

￦ ￦

299
Chapter 28 Lease

300
Chapter 29 Accounting for Income Tax

CHAPTER 29: ACCOUNTING FOR INCOME TAX

￦
PROBLEM 29-1 Tax base
‫ڵ‬Κ ‫ڴڼ‬Ζ‫ڴڴڴ‬￦Ϯ ‫ڴڷڵ‬Ζ‫ڴڴڴ‬￦Ο￦ ‫ڴڹ‬Ζ‫ڴڴڴ‬ϯ￦
‫ڶ‬Κ ‫ڹڷڵ‬Ζ‫ڴڴڴ‬￦
‫ڷ‬Κ ‫ڴ‬￦
‫ڸ‬Κ ‫ڶڵ‬Ζ‫ڴڴڴ‬￦
‫ڹ‬Κ ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦
‫ں‬Κ ‫ڴں‬Ζ‫ڴڴڴ‬￦
‫ڻ‬Κ ‫ڴ‬￦
‫ڼ‬Κ ‫ڴ‬￦
‫ڽ‬Κ ‫ڴںڵ‬Ζ‫ڴڴڴ‬￦
‫ڴڵ‬Κ ‫ڴڼڵ‬Ζ‫ڴڴڴ‬￦
‫ڵڵ‬Κ ‫ڴڴڷ‬Ζ‫ڴڴڴ‬￦
‫ڶڵ‬Κ ‫ڴ‬￦


PROBLEM 29-2 Income statement liability method
Requirement No. 1
￦ ￇ§§³¹²¸­²«￦­²§³±©￦·¹¦®©§¸￦¸³￦¸¥¼￦ ￦ ‫ں‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
￦ ￇ¨¨ϑϮￊ©¨¹§¸ϯΌ￦ￚ©±´³¶¥¶½￦¨­ªª©¶©²§©·￦
￦ ￦ ￒ©··Ό￦ￏ²§¶©¥·©￦­²￦ￌ¹¸¹¶©￦ￚ¥¼¥¦°©￦ￇ±³¹²¸Є￦ Ϯ￦￦ ‫ڴڽڶ‬Ζ‫ڴڴڴ‬￦ϯ￦
￦ ￦ ￇ¨¨Ό￦ￏ²§¶©¥·©￦­²￦ￌ¹¸¹¶©￦ￊ©¨¹§¸­¦°©￦ￇ±³¹²¸ЄЄ￦ ￦ ‫ڴڴڵ‬Ζ‫ڴڴڴ‬￦
￦ ￚ¥¼¥¦°©￦­²§³±©￦ 5,810,000￦
Note:￦ￇ§§³¹²¸­²«￦­²§³±©￦·¹¦®©§¸￦¸³￦¸¥¼￦­·￦©µ¹¥°￦¸³￦¸¬©￦´¶©¸¥¼￦¥§§³¹²¸­²«￦­²§³±©￦
·­²§©￦¸¬©¶©￦¥¶©￦²³￦´©¶±¥²©²¸￦¨­ªª©¶©²§©·Κ￦
￦

* Future Taxable Amount (FTA)

ￚ¬©￦ª³°°³»­²«￦§¥¹·©¨￦¸¬©￦¥§§³¹²¸­²«￦­²§³±©￦¸³￦¦©￦¬­«¬©¶￦¸¬¥²￦¸¥¼¥¦°©￦­²§³±©Ζ￦
¸¬¹·Ζ￦§¶©¥¸­²«￦future taxable amountΚ￦
￦ ￊ©´¶©§­¥¸­³²￦Ϯ‫ڴڹڵ‬Ζ‫ڴڴڴ‬Ο‫ڴڹ‬Ζ‫ڴڴڴ‬ϯ￦ ￦ ‫ڴڴڵ‬Ζ‫ڴڴڴ‬￦
￦ ￘©²¸￦­²§³±©￦Ϯ‫ڴڶڶ‬Ζ‫ڴڴڴ‬Ο‫ڴڴڶ‬Ζ‫ڴڴڴ‬ϯ￦ ￦ ‫ڴڶ‬Ζ‫ڴڴڴ‬￦
￦ ￝¥¶¶¥²¸½￦©¼´©²·©￦ ￦ ‫ڴڴڵ‬Ζ‫ڴڴڴ‬￦
￦ ￇ²²¹¥°￦°©¥º©￦©¼´©²·©￦Ϯ‫ڴڴڸ‬Ζ‫ڴڴڴ‬Ο‫ڴڹڷ‬Ζ‫ڴڴڴ‬ϯ￦ ￦ ‫ڴڹ‬Ζ‫ڴڴڴ‬￦
￦ ￘©²¸￦¶©º©²¹©￦Ϯ‫ڴڷڵ‬Ζ‫ڴڴڴ‬Ο‫ڴڵڵ‬Ζ‫ڴڴڴ‬ϯ￦ ￦ ‫ڴڶ‬Ζ‫ڴڴڴ‬￦
￦ ￚ³¸¥°￦ ￦ ‫ڴڽڶ‬Ζ‫ڴڴڴ‬￦
￦

**Future Deductible Amount (FDA)

ￚ¬©￦ª³°°³»­²«￦§¥¹·©¨￦¸¬©￦¸¥¼¥¦°©￦­²§³±©￦¸³￦¦©￦¬­«¬©¶￦¸¬¥²￦¥§§³¹²¸­²«￦­²§³±©Ζ￦
¸¬¹·Ζ￦§¶©¥¸­²«￦future deductible amountΚ￦
￦ ￍ¶³··￦­²§³±©￦³²￦­²·¸¥°°±©²¸￦·¥°©·￦Ϯ‫ڴڴڶ‬Ζ‫ڴڴڴ‬Ο‫ڴڷڵ‬Ζ‫ڴڴڴ‬ϯ￦ ￦ ‫ڴڻ‬Ζ‫ڴڴڴ‬￦
￦ ￖ¶³º­·­³²￦ª³¶￦¨³¹¦¸ª¹°￦¥§§³¹²¸·￦ ￦ ‫ڴڷ‬Ζ‫ڴڴڴ‬￦
￦ ￚ³¸¥°￦ ￦ ‫ڴڴڵ‬Ζ‫ڴڴڴ‬￦
￦

Requirement No. 2
￉ￚￋ￦‫ܥ‬￦ￚ¥¼¥¦°©￦­²§³±©￦¼￦￉¹¶¶©²¸￦¸¥¼￦¶¥¸©￦
‫ڹ‬Ζ‫ڴڵڼ‬Ζ‫ڴڴڴ‬￦¼￦‫ܫڴڷ‬ϯ￦‫ܥ‬￦ 1,743,000￦
301
Chapter 29 Accounting for Income Tax
Requirement No. 3
ￊￚￒ￦‫ܥ‬￦ￌￚￇ￦¼￦ￌ¹¸¹¶©￦¸¥¼￦¶¥¸©￦
87,000￦

Requirement No. 4
ￊￚￇ￦‫ܥ‬￦ￌￊￇ￦¼￦ￌ¹¸¹¶©￦¸¥¼￦¶¥¸©￦
‫ڴڴ‬Ζ‫ڴڴڴ‬￦¼￦‫ܫڴڷ‬ϯ￦‫ܥ‬￦ 30,000￦

Requirement No. 5
Net income
￦ ￇ§§³¹²¸­²«￦­²§³±©￦ ￦ ‫ں‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
￦ ￒ©··Ό￦ￏ²§³±©￦¸¥¼￦©¼´©²·©￦Ϯ‫ں‬Ζ‫ڴڴڴ‬Ζ‫ܫڴڷ¼ڴڴڴ‬ϯ￦ ￦ ‫ڵ‬Ζ‫ڴڴڼ‬Ζ‫ڴڴڴ‬￦
￦ ￔ©¸￦­²§³±©￦ 4,200,000￦
￦

ￇ°¸©¶²¥¸­º©°½Ζ￦­¸￦±¥½￦¦©￦§³±´¹¸©¨￦¥·￦ª³°°³»·Ό￦
Ζ‫ڷڸڻ‬Ζ‫ڴڴڴ‬￦ ￦ ϯ￦‫ܥ‬￦ ‫ڵ‬Ζ‫ڴڴڼ‬Ζ‫ڴڴڴ‬￦
￦
￦
PROBLEM 29-3
CORRECTION: ￊ©¨¹§¸­¦°©￦ ¸©±´³¶¥¶½￦ ¨­ªª©¶©²§©·￦ ­·￦ ª³¶￦ ½©¥¶￦ ‫ڼڵڴڶ‬￦ ­²·¸©¥¨￦ ³ª￦
½©¥¶￦‫ڵ¼ڴڶ‬￦
￦
Requirement No. 1
Adjusted deferred tax asset
￦ ￊￚￇΖ￦¹²¥¨®¹·¸©¨￦Ϯ‫ڶ‬Ζ‫ڴڴڴ‬Ζ‫ܫڴڷ¼ڴڴڴ‬ϯ￦ ￦ ‫ڴڴں‬Ζ‫ڴڴڴ‬￦
￦ ￒ©··Ό￦ￇ°°³»¥²§©￦ª³¶￦´³¶¸­³²￦²³¸￦¸³￦¦©￦¶©¥°­¾©¨￦
￦ ￦ Ϯ‫ڴڴں‬Ζ‫ܫڴڹ¼ڴڴڴ‬ϯ￦ ￦ ‫ڴڴڷ‬Ζ‫ڴڴڴ‬￦
￦ ￊￚￇΖ￦¥¨®¹·¸©¨￦ 300,000￦
￦
Requirement No. 2
Adjusted income tax expense
￦ ￇ§§³¹²¸­²«￦­²§³±©￦·¹¦®©§¸￦¸³￦¸¥¼￦ ￦ ‫ڷ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
￦ ￇ¨¨ϑϮￊ©¨¹§¸ϯΌ￦ￚ©±´³¶¥¶½￦¨­ªª©¶©²§©·￦
￦ ￦ ￇ¨¨Ό￦ￊ©¨¹§¸­¦°©￦¸©±´³¶¥¶½￦¨­ªª©¶©²§©·￦Ϯￌￊￇϯ￦ ￦ ‫ڶ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
￦ ￚ¥¼¥¦°©￦­²§³±©￦ ￦ ‫ڹ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
Note:￦ￇ§§³¹²¸­²«￦­²§³±©￦·¹¦®©§¸￦¸³￦¸¥¼￦­·￦©µ¹¥°￦¸³￦¸¬©￦´¶©¸¥¼￦¥§§³¹²¸­²«￦­²§³±©￦
·­²§©￦¸¬©¶©￦¥¶©￦²³￦´©¶±¥²©²¸￦¨­ªª©¶©²§©·Κ￦
￦

￉ￚￋ￦‫ܥ‬￦ￚ¥¼¥¦°©￦­²§³±©￦¼￦￉¹¶¶©²¸￦¸¥¼￦¶¥¸©￦
‫ڵ‬Ζ‫ڴڴڹ‬Ζ‫ڴڴڴ‬￦
￦

￦ ￉¹¶¶©²¸￦¸¥¼￦©¼´©²·©￦ ￦ ‫ڵ‬Ζ‫ڴڴڹ‬Ζ‫ڴڴڴ‬￦
￦ ￒ©··Ό￦ￏ²§¶©¥·©￦­²￦ￊￚￇ￦Ϯ·©©￦¶©µ¹­¶©±©²¸￦‫ڵ‬ϯ￦ ￦ ‫ڴڴڷ‬Ζ‫ڴڴڴ‬￦
￦ ￏ²§³±©￦¸¥¼￦©¼´©²·©￦ 1,200,000￦

Requirement No. 3
Adjusted deferred tax benefit
￦ ￏ²§¶©¥·©￦­²￦ￊￚￇ￦Ϯ·©©￦¶©µ¹­¶©±©²¸￦‫ڵ‬ϯ￦ 150,000￦

302
Chapter 29 Accounting for Income Tax

Requirement No. 4
Current tax expense
￦ ￉¹¶¶©²¸￦¸¥¼￦©¼´©²·©￦Ϯ·©©￦¶©µ¹­¶©±©²¸￦‫ڶ‬ϯ￦ 1,500,000￦


PROBLEM 29-4￦
￦ ￇ§§³¹²¸­²«￦­²§³±©￦ ￦ ‫ڹ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
￦ ￇ¨¨ϑϮￊ©¨¹§¸ϯΌ￦ￖ©¶±¥²©²¸￦¨­ªª©¶©²§©·￦ Ϯ￦￦ ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦ϯ￦
￦ ￇ§§³¹²¸­²«￦­²§³±©￦·¹¦®©§¸￦¸³￦¸¥¼￦ ￦ ‫ڸ‬Ζ‫ڴڴڼ‬Ζ‫ڴڴڴ‬￦
￦ ￇ¨¨ϑϮￊ©¨¹§¸ϯΌ￦ￚ©±´³¶¥¶½￦¨­ªª©¶©²§©·￦ Ϯ￦￦ Οϯ￦
￦ ￇ§§³¹²¸­²«￦­²§³±©￦·¹¦®©§¸￦¸³￦¸¥¼￦ 4,800,000￦
￦

Note: ￦ￏ¸￦­·￦­±´°­©¨￦­²￦¸¬©￦´¶³¦°©±￦¸¬¥¸￦¸¬©￦¸¥¼￦￘ￋ￉ￋￏￜￋￊ￦¨¹¶­²«￦¸¬©￦￉ￛ￘￘ￋￔￚ￦
½©¥¶￦»¥·￦·¹¦®©§¸©¨￦¸³￦ª­²¥°￦¸¥¼Ζ￦¬©²§©Ζ￦­¸￦­·￦¥￦´©¶±¥²©²¸￦¨­ªª©¶©²§©Κ￦

Requirement 1 B
￉ￚￋ￦‫ܥ‬￦ￚ¥¼¥¦°©￦­²§³±©￦¼￦￉¹¶¶©²¸￦¸¥¼￦¶¥¸©￦
1,440,000￦

Requirement 2 B
ￏￚￋ￦‫ܥ‬￦ￇ§§³¹²¸­²«￦­²§³±©￦·¹¦®©§¸￦¸³￦¸¥¼￦¼￦ￚ¥¼￦¶¥¸©￦
‫ڸ‬Ζ‫ڴڴڼ‬Ζ‫ڴڴڴ‬￦¼￦‫ܫڴڷ‬ϯ￦‫ܥ‬￦ 1,440,000￦

Requirement 3 C
ￏ²§³±©￦¸¥¼￦´¥½¥¦°©￦ ‫ڴڸڸ‬Ζ‫ڴڴڴ‬Ο 940,000￦
￦
￦
PROBLEM 29-5
￦ ￇ§§³¹²¸­²«￦­²§³±©￦·¹¦®©§¸￦¸³￦¸¥¼￦ ￦ ‫ڶ‬Ζ‫ڴڴڹ‬Ζ‫ڴڴڴ‬￦
￦ ￇ¨¨ϑϮￊ©¨¹§¸ϯΌ￦ￚ©±´³¶¥¶½￦¨­ªª©¶©²§©·￦
￦ ￦ ￒ©··Ό￦ￏ²§¶©¥·©￦­²￦ￌￚￇ￦Ϯ·µ¹©©¾©ϯ￦ Ϯ￦￦ ‫ڴڴڵ‬Ζ‫ڴڴڴ‬￦ϯ￦
￦ ￚ¥¼¥¦°©￦­²§³±©￦ 2,400,000￦
Note: ￇ§§³¹²¸­²«￦­²§³±©￦·¹¦®©§¸￦¸³￦¸¥¼￦­·￦©µ¹¥°￦¸³￦¸¬©￦´¶©¸¥¼￦¥§§³¹²¸­²«￦­²§³±©￦
·­²§©￦¸¬©¶©￦¥¶©￦²³￦´©¶±¥²©²¸￦¨­ªª©¶©²§©·Κ￦

Requirement 1 B
￉ￚￋ￦‫ܥ‬￦ￚ¥¼¥¦°©￦­²§³±©￦¼￦￉¹¶¶©²¸￦¸¥¼￦¶¥¸©￦
720,000￦

Requirement 2 A
ￏￚￋ￦‫ܥ‬￦ￇ§§³¹²¸­²«￦­²§³±©￦·¹¦®©§¸￦¸³￦¸¥¼￦¼￦ￚ¥¼￦¶¥¸©￦
750,000￦

Requirement 3 D
ￏ²§³±©￦¸¥¼￦´¥½¥¦°©￦ Ο 470,000￦
￦

303
Chapter 29 Accounting for Income Tax

PROBLEM 29-6
￦ ￇ§§³¹²¸­²«￦­²§³±©￦·¹¦®©§¸￦¸³￦¸¥¼￦ ￦ ‫ں‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
￦ ￇ¨¨ϑϮￊ©¨¹§¸ϯΌ￦ￚ©±´³¶¥¶½￦¨­ªª©¶©²§©·￦
￦ ￦ ￒ©··Ό￦ￏ²§¶©¥·©￦­²￦ￌￊￇ￦Ϯ·µ¹©©¾©ϯ￦ ￦ ‫ڵ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
￦ ￚ¥¼¥¦°©￦­²§³±©￦ 7,000,000￦
Note: ￇ§§³¹²¸­²«￦­²§³±©￦·¹¦®©§¸￦¸³￦¸¥¼￦­·￦©µ¹¥°￦¸³￦¸¬©￦´¶©¸¥¼￦¥§§³¹²¸­²«￦­²§³±©￦
·­²§©￦¸¬©¶©￦¥¶©￦²³￦´©¶±¥²©²¸￦¨­ªª©¶©²§©·Κ￦

Requirement 1 A
￉ￚￋ￦‫ܥ‬￦ￚ¥¼¥¦°©￦­²§³±©￦¼￦￉¹¶¶©²¸￦¸¥¼￦¶¥¸©￦
2,100,000￦

Requirement 2 B
ￏￚￋ￦‫ܥ‬￦ￇ§§³¹²¸­²«￦­²§³±©￦·¹¦®©§¸￦¸³￦¸¥¼￦¼￦ￚ¥¼￦¶¥¸©￦
1,800,000￦

Requirement 3 A
ￏ²§³±©￦¸¥¼￦´¥½¥¦°©￦‫ܥ‬￦ 2,100,000￦
￦
￦
PROBLEM 29-7
￦ ￇ§§³¹²¸­²«￦­²§³±©￦ ￦ ‫ڽ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
￦ ￇ¨¨ϑϮￊ©¨¹§¸ϯΌ￦ￖ©¶±¥²©²¸￦¨­ªª©¶©²§©·￦ ￦
￦ ￦ ￒ©··Ό￦ￔ³²¸¥¼¥¦°©￦¶©º©²¹©·￦ Ϯ￦￦ ‫ڵ‬Ζ‫ڴڴڹ‬Ζ‫ڴڴڴ‬￦ϯ￦
￦ ￇ§§³¹²¸­²«￦­²§³±©￦·¹¦®©§¸￦¸³￦¸¥¼￦ ￦ ‫ڻ‬Ζ‫ڴڴڹ‬Ζ‫ڴڴڴ‬￦
￦ ￇ¨¨ϑϮￊ©¨¹§¸ϯΌ￦ￚ©±´³¶¥¶½￦¨­ªª©¶©²§©·￦
￦ ￦ ￇ¨¨Ό￦ￏ²§¶©¥·©￦­²￦ￌￊￇ￦ ￦￝¥¶¶¥²¸½￦
￦ ￦ ￦ Ϯ‫ڵ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦Ο‫ڴڴڷ‬Ζ‫ڴڴڴ‬ϯ￦ ￦ ‫ڴڴڻ‬Ζ‫ڴڴڴ‬￦
￦ ￦ ￒ©··Ό￦ￏ²§¶©¥·©￦­²￦ￌￚￇ￦Ο￦ￊ©´¶©§­¥¸­³²￦ Ϯ￦￦ ‫ڴڴڹ‬Ζ‫ڴڴڴ‬￦ϯ￦
￦ ￚ¥¼¥¦°©￦­²§³±©￦ ￦ ‫ڻ‬Ζ‫ڴڴڻ‬Ζ‫ ڴڴڴ‬

Requirement 1 B
￉ￚￋ￦‫ܥ‬￦ￚ¥¼¥¦°©￦­²§³±©￦¼￦￉¹¶¶©²¸￦¸¥¼￦¶¥¸©￦
2,310,000￦

Requirement 2 C
ￏￚￋ￦‫ܥ‬￦ￇ§§³¹²¸­²«￦­²§³±©￦·¹¦®©§¸￦¸³￦¸¥¼￦¼￦ￚ¥¼￦¶¥¸©￦
2,250,000￦

Requirement 3 C
ￏ²§³±©￦¸¥¼￦´¥½¥¦°©￦ Ο 1,810,000￦
￦

304
Chapter 29 Accounting for Income Tax

PROBLEM 29-8
￦ ￇ§§³¹²¸­²«￦­²§³±©￦·¹¦®©§¸￦¸³￦¸¥¼￦ ￦ ‫ڴڶ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
￦ ￇ¨¨ϑϮￊ©¨¹§¸ϯΌ￦ￚ©±´³¶¥¶½￦¨­ªª©¶©²§©·￦
￦ ￦ ￒ©··Ό￦ￌￚￇ￦ Ϯ￦￦ ‫ڷ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦ϯ￦
￦ ￦ ￇ¨¨Ό￦ￌￊￇ￦ ￦ ‫ڵ‬Ζ‫ڴڴڹ‬Ζ‫ڴڴڴ‬￦
￦ ￚ¥¼¥¦°©￦­²§³±©￦ ￦ ‫ڼڵ‬Ζ‫ڴڴڹ‬Ζ‫ ڴڴڴ‬
￦

￉ￚￋ￦‫ܥ‬￦ￚ¥¼¥¦°©￦­²§³±©￦¼￦￉¹¶¶©²¸￦¸¥¼￦¶¥¸©￦
5,550,000 (D)￦
￦
￦
PROBLEM 29-9
￦ ￏ²§¶©¥·©￦­²￦ￊￚￒϑￏ²§¶©¥·©￦­²￦©¼´©²·©￦
￦ ￦ Ϯ‫ڹڻڼ‬Ζ‫ڴڴڴ‬Ο‫ڴڴڻ‬Ζ‫ڴڴڴ‬ϯ￦ ￦ ‫ڹڻڵ‬Ζ‫ڴڴڴ‬￦
￦ ￊ©§¶©¥·©￦­²￦ￊￚￇϑￏ²§¶©¥·©￦­²￦©¼´©²·©￦ ￦ ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦
￦ ￊ©ª©¶¶©¨￦¸¥¼￦©¼´©²·©￦(C)￦ 375,000￦
￦
￦
PROBLEM 29-10
￦ ￇ§§³¹²¸­²«￦­²§³±©￦ ￦ ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦
￦ ￇ¨¨ϑϮￊ©¨¹§¸ϯΌ￦ￖ©¶±¥²©²¸￦¨­ªª©¶©²§©·￦ ￦
￦ ￦ ￒ©··Ό￦ￔ³²¸¥¼¥¦°©￦¶©º©²¹©·￦
￦ ￦ ￏ²¸©¶©·¸￦­²§³±©￦¶©§©­º©¨￦³²￦«³º©¶²±©²¸￦
￦ ￦ ·©§¹¶­¸­©·￦·¹¦®©§¸￦¸³￦ª­²¥°￦¸¥¼￦ Ϯ￦￦ ‫ڴڵ‬Ζ‫ڴڴڴ‬￦ϯ￦
￦ ￦ ￇ¨¨Ό￦ￔ³²¨©¨¹§¸­¦°©￦©¼´©²·©·￦
￦ ￦ ￌ­²©·Ζ￦·¹¶§¬¥¶«©·￦¥²¨￦´©²¥°¸­©·￦¨¹¶­²«￦¸¬©￦´©¶­³¨￦ ￦ ‫ڴڻ‬Ζ‫ڴڴڴ‬￦
￦ ￦ ￔ³²Ο¨©¨¹§¸­¦°©￦´¶©±­¹±￦³²￦°­ª©￦­²·¹¶¥²§©￦³ª￦¯©½￦
￦ ￦ ￦ ￋ±´°³½©©·￦ ￦ ‫ڶڵ‬Ζ‫ڴڴڴ‬￦
￦ ￇ§§³¹²¸­²«￦­²§³±©￦·¹¦®©§¸￦¸³￦¸¥¼￦ ￦ ‫ڶڻڶ‬Ζ‫ڴڴڴ‬￦
￦ ￇ¨¨ϑϮￊ©¨¹§¸ϯΌ￦ￚ©±´³¶¥¶½￦¨­ªª©¶©²§©·￦
￦ ￦ ￒ©··Ό￦ￏ²§¶©¥·©￦­²￦ￌ¹¸¹¶©￦ￚ¥¼¥¦°©￦ￇ±³¹²¸Є￦ Ϯ￦￦ ‫ڴڶ‬Ζ‫ڴڴڴ‬￦ϯ￦
￦ ￦ ￇ¨¨Ό￦ￏ²§¶©¥·©￦­²￦ￌ¹¸¹¶©￦ￊ©¨¹§¸­¦°©￦ￇ±³¹²¸ЄЄ￦ ￦ ‫ںڸ‬Ζ‫ڴڴڴ‬￦
￦ ￚ¥¼¥¦°©￦­²§³±©￦ ￦ ‫ڼڽڶ‬Ζ‫ڴڴڴ‬￦
￦

Єￚ¬©￦ª³°°³»­²«￦§¥¹·©¨￦¸¬©￦¥§§³¹²¸­²«￦­²§³±©￦¸³￦¦©￦¬­«¬©¶￦¸¬¥²￦¸¥¼¥¦°©￦­²§³±©Ζ￦
¸¬¹·Ζ￦§¶©¥¸­²«￦future taxable amountΚ￦
￦ ￋ¼§©··￦³ª￦¨©´¶©§­¥¸­³²￦ª³¶￦¸¥¼￦´¹¶´³·©·￦ ￦ ‫ڴڶ‬Ζ‫ڴڴڴ‬￦
￦

ЄЄￚ¬©￦ª³°°³»­²«￦§¥¹·©¨￦¸¬©￦¸¥¼¥¦°©￦­²§³±©￦¸³￦¦©￦¬­«¬©¶￦¸¬¥²￦¥§§³¹²¸­²«￦­²§³±©Ζ￦
¸¬¹·Ζ￦§¶©¥¸­²«￦future deductible amountΚ￦
￦ ￝¥¶¶¥²¸½￦©¼´©²·©￦¥§§¶¹©¨￦ ￦ ‫ڴڷ‬Ζ‫ڴڴڴ‬￦
￦ ￘©²¸￦¶©§©­º©¨￦­²￦¥¨º¥²§©￦ ￦ ‫ںڵ‬Ζ‫ڴڴڴ‬￦
￦ ￚ³¸¥°￦ ￦ ‫ںڸ‬Ζ‫ڴڴڴ‬￦
￦

Requirement 1 C
ￏￚￋ￦‫ܥ‬￦ￇ§§³¹²¸­²«￦­²§³±©￦·¹¦®©§¸￦¸³￦¸¥¼￦¼￦ￚ¥¼￦¶¥¸©￦
81,600￦


305
Chapter 29 Accounting for Income Tax

Requirement 2 A
￉ￚￋ￦‫ܥ‬￦ￚ¥¼¥¦°©￦­²§³±©￦¼￦￉¹¶¶©²¸￦¸¥¼￦¶¥¸©￦
89,400￦

Requirement 3 C
ￏ²§³±©￦¸¥¼￦´¥½¥¦°©￦Ϯ‫ڽڼ‬Ζ‫ڴڴڸ‬￦ ￦‫ڴڸ‬Ζ‫ڴڴڴ‬ϯ￦‫ܥ‬￦ 49,400￦

Requirement 4 D
ￏ²§¶©¥·©￦­²￦ￊￚￒ￦¨¹¶­²«￦¸¬©￦´©¶­³¨￦
ￊￚￒ￦‫ܥ‬￦ￌￚￇ￦¼￦ￌ¹¸¹¶©￦¸¥¼￦¶¥¸©￦
‫ں‬Ζ‫ڴڴڴ‬￦
￦

ￏ²§¶©¥·©￦­²￦ￊￚￇ￦¨¹¶­²«￦¸¬©￦´©¶­³¨￦
ￊￚￇ￦‫ܥ‬￦ￌￊￇ￦¼￦ￌ¹¸¹¶©￦¸¥¼￦¶a¸©￦
‫ڷڵ‬Ζ‫ڴڴڼ‬￦
ￊ©ª©¶¶©¨￦¸¥¼￦¥··©¸￦‫ܥ‬￦Ϯ‫ڷڵ‬Ζ‫ڴڴڼ‬￦ ￦‫ں‬Ζ‫ڴڴڴ‬ϯ￦‫ܥ‬￦

Requirement 5 A
￦ ￊￚￇΖ￦¦©«­²²­²«￦Ϯ‫ڸڶ‬Ζ‫ڴڴڴ‬￦¼￦‫ܫڴڷ‬ϯ￦ ￦ ‫ڹ‬Ζ‫ڴڴڸ‬￦
￦ ￇ¨¨Ό￦ￏ²§¶©¥·©￦­²￦ￊￚￇ￦¨¹¶­²«￦¸¬©￦´©¶­³¨￦ ￦ ‫ڷڵ‬Ζ‫ڴڴڼ‬￦
￦ ￊￚￇΖ￦©²¨­²«￦ 19,200￦

Requirement 6 B
￦ ￊￚￒΖ￦¦©«­²²­²«￦Ϯ‫ڼڵ‬Ζ‫ڴڴڴ‬￦¼￦‫ܫڴڷ‬ϯ￦ ￦ ‫ڻ‬Ζ‫ڴڴڶ‬￦
￦ ￇ¨¨Ό￦ￏ²§¶©¥·©￦­²￦ￊￚￇ￦¨¹¶­²«￦¸¬©￦´©¶­³¨￦ ￦ ‫ں‬Ζ‫ڴڴڴ‬￦
￦ ￊￚￒΖ￦©²¨­²«￦ 13,200￦
￦
SUMMARY OF ANSWERS:
1. C 2. A 3. C 4. D 5. A 6. B
￦
￦
PROBLEM 29-11 Revaluation
Requirement 1 B
￉¥¶¶½­²«￦¥±³¹²¸￦¥²¨￦·³¹²¨￦º¥°¹©Ζ￦´¶­³¶￦¸³￦¶©º¥°¹¥¸­³²￦
￦ ￦ ￦ ￉³·¸￦ ￦ ￦ ￘©º¥°¹¥¸­³²￦ ￦ ￦ ￇ´´¶©§­¥¸­³²￦ ￦
ￋµ¹­´±©²¸￦ ￦ ‫ں‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦ ￦ ‫ڼ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦ ￦ ‫ڶ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
ￇ§§¹±¹°¥¸©¨￦¨©´¶©§­¥¸­³²￦ ￦ ‫ڵ‬Ζ‫ڴڴڼ‬Ζ‫ڴڴڴ‬￦ ￦ ‫ڶ‬Ζ‫ڴڴڸ‬Ζ‫ڴڴڴ‬￦ ￦ ‫ڴڴں‬Ζ‫ڴڴڴ‬￦
￉ￇ￦ϑ￙³¹²¨￦º¥°¹©ϑ￘￙￦ ￦ ‫ڸ‬Ζ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦ ￦ ‫ڹ‬Ζ‫ڴڴں‬Ζ‫ڴڴڴ‬￦ ￦ ‫ڵ‬Ζ‫ڴڴڸ‬Ζ‫ڴڴڴ‬￦
￦

￘©º¥°¹¥¸­³²￦·¹¶´°¹·￦ ‫ڴ‬￦¼￦‫ܫڴڻ‬ϯ￦‫ܥ‬￦ 980,000￦

Requirement 2
ￊ©ª©¶¶©¨￦¸¥¼￦°­¥¦­°­¸½￦ 420,000￦

Requirement 3 A
CORRECTION: ￔ©¸￦­²§³±©￦´¶³º­¨©¨￦­·￦ª³¶￦½©¥¶￦‫ڼڵڴڶ‬￦­²·¸©¥¨￦³ª￦½©¥¶￦‫ںڴڴڶ‬￦
￦ ￇ§§³¹²¸­²«￦­²§³±©￦¦©ª³¶©￦¨©´¶©§­¥¸­³²￦ ￦ ‫ڸ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
￦ ￒ©··Ό￦ￊ©´¶©§­¥¸­³²￦Ϯ‫ڹ‬Ζ‫ڴڴں‬Ζ‫ڴڴڴ‬ϑ‫ڻ‬ϯ￦ ￦ ‫ڴڴڼ‬Ζ‫ڴڴڴ‬￦
306
Chapter 29 Accounting for Income Tax

￦ ￇ§§³¹²¸­²«￦­²§³±©￦·¹¦®©§¸￦¸³￦¸¥¼￦ ￦ ‫ڷ‬Ζ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦
￦ ￇ¨¨Ό￦ￋ¼§©··￦³ª￦¸¥¼￦¨©´¶©§­¥¸­³²￦³º©¶￦￦¥§§³¹²¸­²«￦
￦ ￦ Ϯ‫ڹ‬Ζ‫ڴڴں‬Ζ‫ڴڴڴ‬ϑ‫ڻ‬ϯ￦ ￦Ϯ‫ڸ‬Ζ‫ڴڴڶ‬Ζ‫ڴڴڴ‬ϑ‫ڻ‬ϯΟFDA￦ ￦ ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦
￦ ￚ¥¼¥¦°©￦­²§³±©￦ 3,400,000￦
Note: ￇ§§³¹²¸­²«￦­²§³±©￦·¹¦®©§¸￦¸³￦¸¥¼￦­·￦©µ¹¥°￦¸³￦¸¬©￦´¶©¸¥¼￦¥§§³¹²¸­²«￦­²§³±©￦
·­²§©￦¸¬©¶©￦¥¶©￦²³￦´©¶±¥²©²¸￦¨­ªª©¶©²§©·Κ￦
￦

￉ￚￋ￦‫ܥ‬￦ￚ¥¼¥¦°©￦­²§³±©￦¼￦￉¹¶¶©²¸￦¸¥¼￦¶¥¸©￦
1,020,000￦

Requirement 4 A
￉¥¶¶½­²«￦¥±³¹²¸￦¥²¨￦·³¹²¨￦º¥°¹©Ζ￦ￊ©§©±¦©¶￦‫ڵڷ‬Ζ￦‫ڼڵڴڶ‬￦
￦ ￦ ￦ ￉³·¸￦ ￦ ￦ ￘©º¥°¹¥¸­³²￦ ￦
ￋµ¹­´±©²¸￦ ￦ ‫ں‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦ ￦ ‫ڼ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
ￇ§§¹±¹°¥¸©¨￦¨©´¶©§­¥¸­³²￦ ￦ ‫ڶ‬Ζ‫ڴڴڸ‬Ζ‫ڴڴڴ‬￦ ￦ ‫ڷ‬Ζ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦
￉ￇ￦ϑ￙³¹²¨￦º¥°¹©ϑ￘￙￦ ￦ ‫ڷ‬Ζ‫ڴڴں‬Ζ‫ڴڴڴ‬￦ ￦ ‫ڸ‬Ζ‫ڴڴڼ‬Ζ‫ڴڴڴ‬￦
￦

￘©º¥°¹¥¸­³²￦·¹¶´°¹·￦ ‫ڴڸڼ‬Ζ‫ڴڴڴ‬￦
ￊ©ª©¶¶©¨￦¸¥¼￦°­¥¦­°­¸½￦ 360,000￦
￦

ￇ°¸©¶²¥¸­º©°½Ζ￦ￊￚￒ￦±¥½￦¦©￦§³±´¹¸©¨￦¥·￦ª³°°³»·Ό￦
￦ ￊￚￒΖ￦¦©«­²²­²«￦Ϯ‫ڵ‬Ζ‫ڴڴڸ‬Ζ‫ڴڴڴ‬￦¼￦‫ܫڴڷ‬ϯ￦ ￦ ‫ڴڶڸ‬Ζ‫ڴڴڴ‬￦
￦ ￒ©··Ό￦￘©¨¹§¸­³²￦­²￦ￊￚￒ￦¨¹©￦¸³￦¹·¥«©￦³ª￦¸¬©￦¥··©¸￦
￦ ￦ Ϯ‫ڴڶڸ‬Ζ‫ڴڴڴ‬ϑ‫ڻ‬ϯ￦ ￦ ‫ڴں‬Ζ‫ڴڴڴ‬￦
￦ ￊￚￒΖ￦©²¨­²«￦ 360,000￦

Requirement 5 C
ￏￚￋ￦‫ܥ‬￦ￇ§§³¹²¸­²«￦­²§³±©￦·¹¦®©§¸￦¸³￦¸¥¼￦¼￦ￚ¥¼￦¶¥¸©￦
960,000￦
￦

ￇ°¸©¶²¥¸­º©°½Ζ￦ￊￚￒ￦±¥½￦¦©￦§³±´¹¸©¨￦¥·￦ª³°°³»·Ό￦
￦ ￉¹¶¶©²¸￦¸¥¼￦©¼´©²·©￦Ϯ·©©￦¶©µ¹­¶©±©²¸￦‫ڷ‬ϯ￦ ￦ ‫ڵ‬Ζ‫ڴڶڴ‬Ζ‫ڴڴڴ‬￦
￦ ￒ©··Ό￦￘©¨¹§¸­³²￦­²￦ￊￚￒ￦¨¹©￦¸³￦¹·¥«©￦³ª￦¸¬©￦¥··©¸ϑ￦
￦ ￦ ￊ©§¶©¥·©￦­²￦ￊￚￒ￦Ϯ‫ڴڶڸ‬Ζ‫ڴڴڴ‬ϑ‫ڻ‬ϯ￦ ￦ ‫ڴں‬Ζ‫ڴڴڴ‬￦
￦ ￏ²§³±©￦¸¥¼￦©¼´©²·©￦ 960,000￦
￦
SUMMARY OF ANSWERS:
1. B 2. E 3. A 4. A 5. C

￦
PROBLEM 29-12 Comprehensive
Requirement 1 D
￦ ￇ§§³¹²¸­²«￦­²§³±©￦ ￦ ‫ڹڻڵ‬Ζ‫ڴڴڽ‬￦
￦ ￇ¨¨ϑϮￊ©¨¹§¸ϯΌ￦ￖ©¶±¥²©²¸￦¨­ªª©¶©²§©·￦ ￦
￦ ￦ ￋ²¸©¶¸¥­²±©²¸￦©¼´©²·©￦Ϯ²³²Ο¨©¨¹§¸­¦°©ϯ￦ ￦ ‫ڷ‬Ζ‫ڴڴڽ‬￦
￦ ￇ§§³¹²¸­²«￦­²§³±©￦·¹¦®©§¸￦¸³￦¸¥¼￦ ￦ ‫ڽڻڵ‬Ζ‫ڴڴڼ‬￦
￦ ￇ¨¨ϑϮￊ©¨¹§¸ϯΌ￦ￚ©±´³¶¥¶½￦¨­ªª©¶©²§©·￦
￦ ￦ ￒ©··Ό￦ￏ²§¶©¥·©￦­²￦ￌ¹¸¹¶©￦ￚ¥¼¥¦°©￦ￇ±³¹²¸￦ Ϯ￦￦ ‫ڵ‬Ζ‫ڴڴڸ‬￦ϯ￦
￦ ￦ ￇ¨¨Ό￦ￏ²§¶©¥·©￦­²￦ￌ¹¸¹¶©￦ￊ©¨¹§¸­¦°©￦ￇ±³¹²¸￦ ￦ ‫ڹڵ‬Ζ‫ڴڴڼ‬￦

307
Chapter 29 Accounting for Income Tax

￦ ￦ ￒ©··Ό￦ￕ´©¶¥¸­²«￦°³··￦§¥¶¶½￦³º©¶￦ Ϯ￦￦ ‫ڹڵ‬Ζ‫ڴڴڴ‬￦ϯ￦

￦ ￚ¥¼¥¦°©￦­²§³±©￦ ￦ ‫ڽڻڵ‬Ζ‫ڴڴڶ‬￦
￦

￉ￚￋ￦‫ܥ‬￦ￚ¥¼¥¦°©￦­²§³±©￦¼￦￉¹¶¶©²¸￦¸¥¼￦¶¥¸©￦
53,760￦
￦

￈©°³»￦ ­·￦ ¸¬©￦ §¥°§¹°¥¸­³²￦ ³ª￦ ¸¬©￦ ¨­ªª©¶©²¸￦ ¸©±´³¶¥¶½￦ ¨­ªª©¶©²§©·￦ §³²·­¨©¶©¨￦ ³²￦
¸¬©￦¥¦³º©￦§¥°§¹°¥¸­³²￦³ª￦¸¥¼¥¦°©￦­²§³±©Κ￦
￦ ￦ ￦ ￖ©¶￦ￖￌ￘￙￦ ￦ ￦ ￖ©¶￦ￚ¥¼￦ ￦ ￦ ￊ­ªª©¶©²§©￦ ￦
ￏ²¸©¶©·¸￦­²§³±©￦Ϯￌￚￇϯ￦ ￦ ‫ڵڵ‬Ζ‫ڴڴڴ‬￦ ￦ ‫ڴڵ‬Ζ‫ڴڴڴ‬￦ ￦ ‫ڵ‬Ζ‫ڴڴڴ‬￦
ￒ³²«Ο·©¶º­§©￦°©¥º©￦Ϯￌￊￇϯ￦ ￦ ‫ڻ‬Ζ‫ڴڴڴ‬￦ ￦ ‫ڸ‬Ζ‫ڴڴڴ‬￦ ￦ ‫ڷ‬Ζ‫ڴڴڴ‬￦
ￊ³¹¦¸ª¹°￦¨©¦¸￦©¼´©²·©￦Ϯￌￊￇϯ￦ ￦ ‫ڸ‬Ζ‫ڴڴڶ‬￦ ￦ ‫ڶ‬Ζ‫ڴڴڸ‬￦ ￦ ‫ڵ‬Ζ‫ڴڴڼ‬￦
ￊ©´¶©§­¥¸­³²￦Ϯￌￊￇϯ￦ ￦ ‫ڷڷ‬Ζ‫ڴڴڴ‬￦ ￦ ‫ڶڶ‬Ζ‫ڴڴڴ‬￦ ￦ ‫ڵڵ‬Ζ‫ڴڴڴ‬￦
￘©²¸￦©¼´©²·©￦Ϯￌￚￇϯ￦ ￦ ‫ڶڶ‬Ζ‫ڴڴڼ‬￦ ￦ ‫ڷڶ‬Ζ‫ڴڴڶ‬￦ ￦ ‫ڴڴڸ‬￦
￦

ￏ¸©±·￦´©¶￦¸¥¼￦¥¶©￦¨©¸©¶±­²©¨￦¥·￦ª³°°³»·Ό￦
￦ ￏ²¸©¶©·¸￦­²§³±©￦ ￦¥±³¹²¸￦§³°°©§¸©¨￦Ϯ‫ڵڵ‬Ζ‫ڴڴڴ‬￦ ￦‫ڵ‬Ζ‫ڴڴڴ‬ϯ￦ ￦ ‫ڴڵ‬Ζ‫ڴڴڴ‬￦
￦ ￒ³²«Ο·©¶º­§©￦°©¥º©￦©¼´©²·©￦ ￦¥±³¹²¸￦´¥­¨￦
￦ ￦ Ϯ‫ڵں‬Ζ‫ڻܩڴڴڴ‬Ζ‫ڴڴڴ‬Ο‫ڸں‬Ζ‫ڴڴڴ‬ϯ￦ ￦ ‫ڸ‬Ζ‫ڴڴڴ‬￦
￦ ￊ³¹¦¸ª¹°￦¨©¦¸·￦©¼´©²·©￦ ￦¥±³¹²¸￦»¶­¸¸©²￦³ªª￦
￦ ￦ Ϯ‫ڷ‬Ζ‫ڸܩڴڴڶ‬Ζ‫ڴڴڶ‬Ο‫ڹ‬Ζ‫ڴڴڴ‬ϯ￦ ￦ ‫ڶ‬Ζ‫ڴڴڸ‬￦
￦ ￊ©´¶©§­¥¸­³²￦Ϯ‫ڴڶڶ‬Ζ‫ܫڴڵ¼ڴڴڴ‬ϯ￦ ￦ ‫ڶڶ‬Ζ‫ڴڴڴ‬￦

Requirements 2 to 4
￈©°³»￦ ­·￦ ¸¬©￦ ·¹±±¥¶½￦ ³ª￦ ¨­ªª©¶©²§©·￦ ¦©¸»©©²￦ §¥¶¶½­²«￦ ¥±³¹²¸￦ ´©¶￦ ￖￌ￘￙￦ ¥²¨￦
¸¬©­¶￦ ¶©·´©§¸­º©￦ ¦¥·©·￦ »¬­§¬￦»­°°￦¶©´¶©·©²¸￦ ¸¬©￦§¹±¹°¥¸­º©￦¦¥°¥²§©·￦³ª￦¸¥¼¥¦°©￦
³¶￦¨©¨¹§¸­¦°©￦¸©±´³¶¥¶½￦¨­ªª©¶©²§©·Κ￦
￦ ￦ ￦ ￖ©¶￦ￖￌ￘￙￦ ￦ ￦ ￖ©¶￦ￚ¥¼￦ ￦ ￦ ￊ­ªª©¶©²§©￦ ￦
ￇ§§³¹²¸·￦¶©§©­º¥¦°©￦Ϯￌￊￇϯ￦ ￦ ‫ڼڻ‬Ζ‫ڴڴڴ‬￦ ￦ ‫ڷڼ‬Ζ‫ڴڴڴ‬￦ ￦ ‫ڹ‬Ζ‫ڴڴڴ‬￦
ￏ²¸©¶©·¸￦¶©§©­º¥¦°©￦Ϯￌￚￇϯ￦ ￦ ‫ڵ‬Ζ‫ڴڴڴ‬￦ ￦ ‫ڴ‬￦ ￦ ‫ڵ‬Ζ‫ڴڴڴ‬￦
ￖ¶©´¥­¨￦¶©²¸￦Ϯￌￚￇϯ￦ ￦ ‫ڶ‬Ζ‫ڴڴڼ‬￦ ￦ ‫ڴ‬￦ ￦ ‫ڶ‬Ζ‫ڴڴڼ‬￦
ￖ°¥²¸￦Ϯￌￊￇϯ￦ ￦ ‫ڵڶڵ‬Ζ‫ڴڴڴ‬￦ ￦ ‫ڸڹڵ‬Ζ‫ڴڴڴ‬Є￦ ￦ ‫ڷڷ‬Ζ‫ڴڴڴ‬￦
ￖ¶³º­·­³²￦ª³¶￦°©¥º©￦Ϯￌￊￇϯ￦ ￦ ‫ڸں‬Ζ‫ڴڴڴ‬￦ ￦ ‫ڴ‬￦ ￦ ‫ڸں‬Ζ‫ڴڴڴ‬￦
Є‫ڴڶڶ‬Ζ‫ڴڴڴ‬ΟϮ‫ڴڶڶ‬Ζ‫ڷ¼ܫڴڵ¼ڴڴڴ‬ϯ￦
￦
Requirement 2 A
ￊￚￒ￦‫ܥ‬￦ￌￚￇ￦¼￦ￌ¹¸¹¶©￦¸¥¼￦¶¥¸©
1,140￦
￦

Requirement 3 B
ￊￚￇ￦‫ܥ‬￦ￌￊￇ￦¼￦ￌ¹¸¹¶©￦¸¥¼￦¶¥¸©￦
30,600￦
￦
Requirement 4 A
ￊ©ª©¶¶©¨￦¸¥¼￦©¼´©²·©￦
ￏ²§¶©¥·©￦­²￦ￊￚￒ￦¨¹¶­²«￦¸¬©￦´©¶­³¨￦
￦ ￊￚￒΖ￦¦©«­²²­²«￦￦ ￦ ‫ڴڶڻ‬￦
￦ ￊￚￒΖ￦©²¨­²«￦Ϯ·©©￦¶©µ¹­¶©±©²¸￦‫ڶ‬ϯ￦ ￦ ‫ڵ‬Ζ‫ڴڸڵ‬￦
￦ ￏ²§¶©¥·©￦­²￦ￊￚￒ￦Ϯ¥¨¨­¸­³²¥°￦©¼´©²·©ϯ￦ ￦ ‫ڴڶڸ‬￦
￦

308
Chapter 29 Accounting for Income Tax

ￏ²§¶©¥·©￦­²￦ￊￚￇ￦¨¹¶­²«￦¸¬©￦´©¶­³¨￦
￦ ￊￚￇΖ￦¦©«­²²­²«￦￦ ￦ ‫ڴڷ‬Ζ‫ڴںڷ‬￦
￦ ￊￚￇΖ￦©²¨­²«￦Ϯ·©©￦¶©µ¹­¶©±©²¸￦‫ڷ‬ϯ￦ ￦ ‫ڴڷ‬Ζ‫ڴڴں‬￦
￦ ￏ²§¶©¥·©￦­²￦ￊￚￇ￦Ϯ¦©²©ª­¸￦³¶￦¶©¨¹§¸­³²￦­²￦©¼´©²·©ϯ￦ ￦ ‫ڴڸڶ‬￦
￦

ￊ©ª©¶¶©¨￦¸¥¼￦©¼´©²·©￦Ϯ‫ڴڶڸ‬Ο‫ڴڸڶ‬ϯ￦ 180￦
￦

Requirement 5 A
ￏ²§³±©￦¸¥¼￦©¼´©²·©￦
￦ ￉¹¶¶©²¸￦¸¥¼￦©¼´©²·©￦Ϯ·©©￦¶©µ¹­¶©±©²¸￦‫ڵ‬ϯ￦ ￦ ‫ڷڹ‬Ζ‫ڴںڻ‬￦
￦ ￇ¨¨Ό￦ￊ©ª©¶¶©¨￦¸¥¼￦©¼´©²·©￦Ϯ·©©￦¶©µ¹­¶©±©²¸￦‫ڸ‬ϯ￦ ￦ ‫ڴڼڵ‬￦
￦ ￏ²§³±©￦¸¥¼￦©¼´©²·©￦ 53,940￦
￦

ￇ°¸©¶²¥¸­º©°½Ζ￦­²§³±©￦¸¥¼￦©¼´©²·©￦±¥½￦¦©￦§³±´¹¸©¨￦¥·￦ª³°°³»·Ό￦
ￏￚￋ￦‫ܥ‬￦ￇ§§³¹²¸­²«￦­²§³±©￦¼￦ￚ¥¼￦¶¥¸©￦
59,340￦
￦
SUMMARY OF ANSWERS:
1. D 2. A 3. B 4. A 5. A
￦

309
‫‪Chapter 30‬‬ ‫‪Employee Benefits‬‬
‫ ‬

‫ ‪CHAPTER 30‬‬
‫ ‪EMPLOYEE BENEFITS‬‬
‫‪￦‬‬
‫ ‪PROBLEM 30-1 Short-term paid absences‬‬
‫‪￦‬‬

‫ ‪Question No. 1‬‬ ‫ )‪(A‬‬

‫‪¨¥½·ϯ￦‬ڹ‪￦¼￦‬ڴڴڹ ‪»©©¯·￦¼￦‬ڶ‪￦¼￦‬ڹڹ‪ￛ²¹·©¨￦·­§¯￦°©¥º©￦Ϯ‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڹڻڶ‬
‫‪¨¥½·ϯ￦‬ڹ‪ ¼￦‬ڴڴڹ ‪»©©¯·￦¼￦‬ڶ‪￦¼￦‬ڹڹ‪ￛ²¹·©¨￦·­§¯￦°©¥º©￦Ϯ‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڹڻڶ‬
‫‪¨¥½·ϯ￦‬ڹ‪￦¼￦‬ڴڴڹ ‪»©©¯·￦¼￦‬ڶ‪￦¼￦‬ڹڶ‪ￛ²¹·©¨￦·­§¯￦̲￦º¥§¥¸­³²￦°©¥º©￦Ϯ‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڹڶڵ‬
‫‪￦‬ڼڵڴڶ‪ϑ‬ڵڷ‪ϑ‬ڶڵ‪ￒ­¥¦­°­¸½￦ª³¶￦§³±´©²·¥¸©¨￦¥¦·©²§©·￦ ￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڹڻں‬
‫‪￦‬‬

‫‪¨¥½·ϯ￦‬ڹ‪￦¼￦‬ڴڹڹ ‪»©©¯·￦¼￦‬ڸ‪￦¼￦‬ڴڷ‪ￛ²¹·©¨￦·­§¯￦̲￦º¥§¥¸­³²￦°©¥º©￦Ϯ‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڷڷ‬

‫‪¨¥½·ϯ￦‬ڹ‪￦¼￦‬ڴڹڹ ‪»©©¯·￦¼￦‬ڶ‪￦¼￦‬ڹڶ‪ￛ²¹·©¨￦·­§¯￦°©¥º©￦Ϯ‬‬ ‫‪￦‬ڴڴڹ‪Ζ‬ڻڷڵ‬
‫‪¨¥½·ϯ￦‬ڹ‪￦¼￦‬ڴڹڹ ‪»©©¯·￦¼￦‬ڶ‪￦¼￦‬ڹڶ‪ￛ²¹·©¨￦º¥§¥¸­³²￦°©¥º©￦Ϯ‬‬ ‫‪￦‬ڴڴڹ‪Ζ‬ڻڷڵ‬
‫‪¨¥½·ϯ￦‬ڹ‪￦¼￦‬ڴڹڹ ‪»©©¯·￦¼￦‬ڷ‪￦¼￦‬ڴڷ‪ￛ²¹·©¨￦·­§¯￦̲￦º¥§¥¸­³²￦°©¥º©￦Ϯ‬‬ ‫‪￦‬ڴڴڹ‪Ζ‬ڻڸڶ‬
‫‪¨¥½·ϯ￦‬ڹ‪￦¼￦‬ڴڹڹ ‪»©©¯·￦¼￦‬ڶ‪￦¼￦‬ڴڵ‪ￛ²¹·©¨￦·­§¯￦̲￦º¥§¥¸­³²￦°©¥º©￦Ϯ‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڹڹ‬
‫‪￦‬ڽڵڴڶ‪ϑ‬ڵڷ‪ϑ‬ڶڵ‪ￒ­¥¦­°­¸½￦ª³¶￦§³±´©²·¥¸©¨￦¥¦·©²§©·￦ ￦‬‬ ‫‪￦‬ڴڴڹ‪Ζ‬ڻڴڽ‬
‫‪￦‬‬
‫ ‪Question No. 2‬‬ ‫ )‪(A‬‬
‫ ‪Expired sick & vacation leave‬‬
‫‪¨¥½·ϯ￦‬ڹ‪￦¼￦‬ڴڹڹ ‪»©©¯·￦¼￦‬ڶ‪￦¼￦‬ڴڷ‪ￛ²¹·©¨￦·­§¯￦̲￦º¥§¥¸­³²￦°©¥º©￦Ϯ‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڹںڵ‬
‫‪¨¥½·ϯ￦‬ڹ‪￦¼￦‬ڴڹڹ ‪»©©¯·￦¼￦‬ڵ‪￦¼￦‬ڹڶ‪ￛ²¹·©¨￦·­§¯￦°©¥º©￦Ϯ‬‬ ‫‪￦‬ڴڹڻ‪Ζ‬ڼں‬
‫‪ￋ¼´­¶©¨￦§³±´©²·¥¸©¨￦¥¦·©²§©·￦‬‬ ‫‪￦‬ڴڹڻ‪Ζ‬ڷڷڶ‬
‫‪￦‬‬

‫ ‪Availed sick & vacation leave‬‬

‫‪ϯ￦‬ڴڹڹ ‪￦¨¥½·￦¼￦‬ڹڶڽ‪ￇº¥­°©¨￦·­§¯￦̲￦º¥§¥¸­³²￦°©¥º©￦Ϯ‬‬ ‫‪￦‬ڴڹڻ‪Ζ‬ڼڴڹ‬
‫‪￦‬‬

‫ڽڵڴڶ‪ϑ‬ڵڷ‪ϑ‬ڶڵ ‪ￒ­¥¦­°­¸½￦ª³¶￦§³±´©²·¥¸©¨￦¥¦·©²§©·￦‬‬ ‫‪￦‬ڴڴڹ‪Ζ‬ڻڴڽ‬

‫‪ￇ¨¨Ό￦ￋ¼´­¶©¨￦§³±´©²·¥¸©¨￦¥¦·©²§©·￦‬‬ ‫‪￦‬ڴڹڻ‪Ζ‬ڷڷڶ‬
‫‪ϯ￦‬ڴڹڹ ‪￦¨¥½·￦¼￦‬ڹڶڽ‪ￇ¨¨Ό￦ￇº¥­°©¨￦·­§¯￦̲￦º¥§¥¸­³²￦°©¥º©￦Ϯ‬‬ ‫‪￦‬ڴڹڻ‪Ζ‬ڼڴڹ‬
‫‪￦‬ڼڵڴڶ‪ϑ‬ڵڷ‪ϑ‬ڶڵ‪ￒ©··Ό￦ￒ­¥¦­°­¸½￦ª³¶￦§³±´©²·¥¸©¨￦¥¦·©²§©·￦ ￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڹڻں‬
‫‪￦‬ڽڵڴڶ‪￉³±´©²·¥¸­³²￦©¼´©²·©￦ ￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڹڻڽ‬
‫‪￦‬‬
‫‪￦‬‬
‫ ‪PROBLEM 30-2 Projected Unit Credit Method‬‬
‫‪Κ ￉³±´¹¸©￦ª³¶￦¸¬©￦ª¹¸¹¶©￦·¥°¥¶½￦‬ڵ‬
‫‪ϯ￦‬ڴڴڴ‪Ζ‬ڴڴڸ‪Ζ‬ڶ‪￦¼￦ￖ‬ڹ؂ںڴ‪Κ‬ڵ‪￦Ϯ‬‬ ‫ڵڸڻ‪Ζ‬ڵڵڶ‪Ζ‬ڷ‬
‫ ‬
‫ ©§­‪Κ ￇ¸¸¶­¦¹¸­²«￦¦©²©ª­¸·￦¸³￦¸¬©￦´©¶­³¨·￦³ª￦·©¶º‬ڶ‬
‫ ‪2018‬‬ ‫ ‪2019‬‬ ‫ ‪2020‬‬ ‫ ‪2021‬‬ ‫ ‪2022‬‬
‫‪ￖ¶©º­³¹·￦½©¥¶·￦Ϯ¸³¸¥°￦‬‬
‫‪ª¶³±￦´¶©º­³¹·￦´©¶­³¨ϯ￦‬‬ ‫‪￦‬ڼڸڷ‪Ζ‬ڶڸں ‪￦‬ڵںڻ‪Ζ‬ڵڼڸ ‪￦‬ڸڻڵ‪Ζ‬ڵڶڷ ‪￦‬ڻڼڹ‪Ζ‬ڴںڵ ‪Ο￦‬‬
‫‪￉¹¶¶©²¸￦½©¥¶Є￦‬‬ ‫‪￦‬ڻڼڹ‪Ζ‬ڴںڵ ‪￦‬ڻڼڹ‪Ζ‬ڴںڵ ‪￦‬ڻڼڹ‪Ζ‬ڴںڵ ‪￦‬ڻڼڹ‪Ζ‬ڴںڵ ‪￦‬ڻڼڹ‪Ζ‬ڴںڵ‬
‫‪ￚ³¸¥°￦‬‬ ‫‪￦‬ڹڷڽ‪Ζ‬ڶڴڼ ‪￦‬ڼڸڷ‪Ζ‬ڶڸں ‪￦‬ڵںڻ‪Ζ‬ڵڼڸ ‪￦‬ڸڻڵ‪Ζ‬ڵڶڷ ‪￦‬ڻڼڹ‪Ζ‬ڴںڵ‬
‫‪ϯ￦‬ܫڸ‪￦¼￦‬ڶڹڹ‪Ζ‬ڶڴڸ‪Ζ‬ڵ‪*￦Ϯￖ‬‬
‫ ‬
‫‪310‬‬
‫‪Chapter 30‬‬ ‫‪Employee Benefits‬‬

‫‪Κ‬ڷ‬ ‫‪ￓ©¥·¹¶©±©²¸￦‬‬
‫ ‪2018‬‬ ‫ ‪2019‬‬ ‫ ‪2020‬‬ ‫ ‪2021‬‬ ‫ ‪2022‬‬
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‫‪ЄЄ￦‬ܫڴڵ‪ￇ¨¨Ό￦ￏ²¸©¶©·¸￦¥¸￦‬‬ ‫‪Ο￦‬‬ ‫‪￦‬ڼںڽ‪Ζ‬ڴڵ‬ ‫‪￦‬ڴڷڵ‪Ζ‬ڸڶ‬ ‫‪￦‬ڹڵڼ‪Ζ‬ڽڷ‬ ‫‪￦‬ڹڽڷ‪Ζ‬ڼڹ‬
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‫‪ￒ©··Ό￦￈©²©ª­¸·￦´¥­¨￦‬‬ ‫‪Ο￦‬‬ ‫‪Ο￦‬‬ ‫‪Ο￦‬‬ ‫‪Ο￦‬‬ ‫‪Ο￦‬‬
‫‪￉°³·­²«￦³¦°­«¥¸­³²￦‬‬ ‫‪￦‬ڷڹڽ‪Ζ‬ڷڼڹ ‪￦‬ڴڹڵ‪Ζ‬ڼڽڷ ‪￦‬ڷڴڷ‪Ζ‬ڵڸڶ ‪￦‬ڷڼں‪Ζ‬ڽڴڵ‬ ‫‪￦‬ڹڷڽ‪Ζ‬ڶڴڼ‬
‫‪Є§°³·­²«￦³¦°­«¥¸­³²￦ª¶³±￦´¶©º­³¹·￦´©¶­³¨￦‬‬ ‫‪￦¥´´°­©¨￦³²￦³´©²­²«￦³¦°­«¥¸­³²￦‬ܫڴڵ‪ЄЄ‬‬
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‫‪Є￦‬ܫڹ‪ￊ­·§³¹²¸￦ª¥§¸³¶￦¥¸￦‬‬ ‫‪￦‬ڴڷڼں‪Κ‬ڴ‬ ‫‪￦‬ڷڵڹڻ‪Κ‬ڴ‬ ‫‪￦‬ڸںڶڼ‪Κ‬ڴ‬ ‫‪￦‬ڵڽڴڽ‪Κ‬ڴ‬ ‫‪￦‬ڴڴڴڴ‪Κ‬ڵ‬
‫‪￉¹¶¶©²¸￦·©¶º­§©￦§³·¸￦‬‬ ‫‪￦‬ڼڼڽ‪Ζ‬ڹڸڵ ‪￦‬ڻڵڻ‪Ζ‬ڶڷڵ ‪￦‬ڵڹں‪Ζ‬ڴڶڵ ‪￦‬ڷڼں‪Ζ‬ڽڴڵ‬ ‫‪￦‬ڻڼڹ‪Ζ‬ڴںڵ‬
‫‪ϯ￦‬ڴ‪Ζ‬ڵ‪Ζ‬ڶ‪Ζ‬ڷ‪Ζ‬ڸ‪￦Ϯ‬ڶڶڴڶ‪Ο²￦³ª￦½©¥¶·￦ª¶³±￦¥§¸¹¥°￦½©¥¶￦¸³￦‬؂‪ϯ‬ܫڴڵܩڵ‪ЄϮ‬‬
‫ ‬
‫‪Κ‬ڸ‬ ‫‪￐³¹¶²¥°￦©²¸¶­©·￦‬‬ ‫ ‪2018‬‬ ‫ ‪2019‬‬ ‫ ‪2020‬‬ ‫ ‪2021‬‬ ‫ ‪2022‬‬
‫‪Dr ￋ±´°³½©©￦¦©²©ª­¸￦©¼´©²·©￦‬‬ ‫‪￦‬ڶڼڽ‪Ζ‬ڼڵڶ ‪￦‬ڷڴڼ‪Ζ‬ڹڼڵ ‪￦‬ڻڸڼ‪Ζ‬ںڹڵ ‪￦‬ڴڶں‪Ζ‬ڵڷڵ ‪￦‬ڷڼں‪Ζ‬ڽڴڵ‬
‫‪￦‬ڶڼڽ‪Ζ‬ڼڵڶ ‪￦‬ڷڴڼ‪Ζ‬ڹڼڵ ‪￦‬ڻڸڼ‪Ζ‬ںڹڵ ‪￦‬ڴڶں‪Ζ‬ڵڷڵ ‪￦‬ڷڼں‪Ζ‬ڽڴڵ ‪Cr ￒ­¥¦­°­¸½￦ª³¶￦©±´°³½©©￦¦©²©ª­¸·￦‬‬
‫ ‬
‫ ‪Amortization Table‬‬
‫ ‪Date‬‬ ‫ ‪Current service cost Interest cost‬‬ ‫ ‪Present Value, DBO‬‬
‫ڼڵڴڶ‪ϑ‬ڵڴ‪ϑ‬ڵڴ‬
‫‪￦‬ڼڵڴڶ‪ϑ‬ڵڷ‪ϑ‬ڶڵ‬ ‫‪￦‬ڷڼں‪Ζ‬ڽڴڵ‬ ‫‪￦‬‬ ‫‪￦‬ڷڼں‪Ζ‬ڽڴڵ‬
‫‪￦‬ڽڵڴڶ‪ϑ‬ڵڷ‪ϑ‬ڶڵ‬ ‫‪￦‬ڵڹں‪Ζ‬ڴڶڵ‬ ‫‪￦‬ڼںڽ‪Ζ‬ڴڵ‬ ‫‪￦‬ڷڴڷ‪Ζ‬ڵڸڶ‬
‫‪￦‬ڴڶڴڶ‪ϑ‬ڵڷ‪ϑ‬ڶڵ‬ ‫‪￦‬ڻڵڻ‪Ζ‬ڶڷڵ‬ ‫‪￦‬ڴڷڵ‪Ζ‬ڸڶ‬ ‫‪￦‬ڴڹڵ‪Ζ‬ڼڽڷ‬
‫ڵڶڴڶ‪ϑ‬ڵڷ‪ϑ‬ڶڵ‬ ‫ڼڼڽ‪Ζ‬ڹڸڵ‬ ‫ڹڵڼ‪Ζ‬ڽڷ‬ ‫‪￦‬ڷڹڽ‪Ζ‬ڷڼڹ‬
‫‪￦‬ڶڶڴڶ‪ϑ‬ڵڷ‪ϑ‬ڶڵ‬ ‫‪￦‬ڻڼڹ‪Ζ‬ڴںڵ‬ ‫‪￦‬ڹڽڷ‪Ζ‬ڼڹ‬ ‫‪￦‬ڹڷڽ‪Ζ‬ڶڴڼ‬
‫ ‬
‫ ‬
‫ )‪PROBLEM 30-3 Fair Value of Plan Assets (FVPA‬‬
‫ ‪Fair value of plan assets‬‬
‫‪￈©«Κ￦￈¥°¥²§©￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڴڷ‪Ζ‬ڵ‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڴڹ‬ ‫‪￈©²©ª­¸·￦´¥­¨￦‬‬
‫‪ￇ§¸¹¥°￦¶©¸¹¶²￦￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ںڻڶ‪Ζ‬ڶ ڴڴڴ‪Ζ‬ںڹڵ‬ ‫¨‪￈¥°¥²§©￦©²‬‬
‫‪￉³²¸¶­¦¹¸­³²·￦￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڴڸ‪Ζ‬ڵ‬ ‫‪￙©¸¸°©±©²¸￦´¶­§©￦‬‬
‫‪￦￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڼ‬ ‫‪³ª￦ￊ￈ￕ￦‬‬
‫‪ￚ³¸¥°￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ںڹڼ‪Ζ‬ڶ ‪￦‬ڴڴڴ‪Ζ‬ںڹڼ‪Ζ‬ڶ‬ ‫‪ￚ³¸¥°￦‬‬
‫‪￦‬‬
‫‪￦‬‬
‫ )‪PROBLEM 30-4 Defined Benefit Obligation (DBO‬‬
‫ ‪Defined benefit obligation‬‬
‫‪￈©²©ª­¸·￦´¥­¨￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڴڶ‪Ζ‬ڵ ‪￦‬ڴڴڴ‪Ζ‬ڴڴڹ‬ ‫‪￈©«Κ￦￈¥°¥²§©￦‬‬
‫‪ￊ©§¶©¥·©￦­²￦ￖￜ￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڴڸ‬ ‫‪￉¹¶¶©²¸￦￙©¶º­§©￦￉³·¸￦‬‬
‫‪ￊ¹©￦¸³￦§¬¥²«©·￦­²￦¥§¸Κ‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڸڸڵ‬ ‫‪ￏ²¸©¶©·¸￦§³·¸￦‬‬
‫‪¥··¹±´¸­³²·￦‬‬ ‫‪￦‬ڴ‪Κ‬ڴڴڴ‪Ζ‬ڴڴڶ ‪Ο￦‬‬ ‫‪ￏ²§¶©¥·©￦­²￦ￖￜ￦‬‬
‫‪ￖￜ￦³ª￦ￊ￈ￕ￦·©¸¸°©¨￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڴڸ‬ ‫‪¨¹©￦¸³￦§¬¥²«©·￦­²￦¥§¸Κ￦‬‬
‫‪¥··¹±´¸­³²·￦‬‬
‫‪￈¥°¥²§©￦©²¨￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڸڸں‪Ζ‬ڵ‬ ‫‪￦ ￖ¥·¸￦·©¶º­§©￦§³·¸￦‬ڴڴڴ‪Ζ‬ڴڴں‬
‫‪￦￦‬‬ ‫‪￦ ￚ³¸¥°￦‬ڴڴڴ‪Ζ‬ڸڸڹ‪Ζ‬ڶ ‪￦‬ڴڴڴ‪Ζ‬ڸڸڹ‪Ζ‬ڶ‬
‫‪311‬‬
Chapter 30 Employee Benefits

PROBLEM 30-5 Deficit

Jan. 1 Dec. 31
ￌ¥­¶￦º¥°¹©￦³ª￦´°¥²￦¥··©¸·￦ ‫ڷ‬Ζ‫ڴڴں‬Ζ‫ڴڴڴ‬￦ ‫ڸ‬Ζ‫ڴڶڵ‬Ζ‫ڴڴڴ‬￦
ￊ©ª­²©¨￦¦©²©ª­¸￦³¦°­«¥¸­³²￦ ‫ڸ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦ ‫ڹ‬Ζ‫ڴڻڽ‬Ζ‫ڴڴڴ‬￦
￙¹¶´°¹·￦Ϯ³¶￦ￊ©ª­§­¸ϯ￦ Ϯ‫ڴڴڸ‬Ζ‫ڴڴڴ‬ϯ￦ Ϯ‫ڵ‬Ζ‫ڴڹڼ‬Ζ‫ڴڴڴ‬ϯ￦

Fair value of plan assets
￈©«Κ￦￈¥°¥²§©￦ ‫ڷ‬Ζ‫ڴڴں‬Ζ‫ڴڴڴ‬￦ ‫ڴڴں‬Ζ‫ڴڴڴ‬￦ ￈©²©ª­¸·￦´¥­¨￦
ￇ§¸¹¥°￦¶©¸¹¶²￦￦ ‫ڴںڽ‬Ζ‫ڸ ڴڴڴ‬Ζ‫ڴڶڵ‬Ζ‫ڴڴڴ‬￦ ￈¥°¥²§©￦©²¨
￉³²¸¶­¦¹¸­³²·￦￦ ‫ڴڸڶ‬Ζ‫ڴڴڴ‬￦ ￙©¸¸°©±©²¸￦´¶­§©￦
￦￦ ‫ڴڼ‬Ζ‫ڴڴڴ‬￦ ³ª￦ￊ￈ￕ￦
ￚ³¸¥°￦ ‫ڸ‬Ζ‫ڴڴڼ‬Ζ‫ڴڴڴ‬￦ ‫ڸ‬Ζ‫ڴڴڼ‬Ζ‫ڴڴڴ‬￦ ￚ³¸¥°￦

Defined benefit obligation
￈©²©ª­¸·￦´¥­¨￦ ‫ڴڴں‬Ζ‫ڴڴڴ‬￦ ‫ڸ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦ ￈©«Κ￦￈¥°¥²§©￦
ￊ©§¶©¥·©￦­²￦ￖￜ ‫ڶ‬Ζ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦ ￉¹¶¶©²¸￦￙©¶º­§©￦￉³·¸
¨¹©￦¸³￦§¬¥²«©·￦­²￦¥§¸Κ￦ ‫ڴڴڸ‬Ζ‫ڴڴڴ‬￦ ￏ²¸©¶©·¸￦§³·¸￦
¥··¹±´¸­³²·￦ Ο￦ ￏ²§¶©¥·©￦­²￦ￖￜ￦
ￖￜ￦³ª￦ￊ￈ￕ￦·©¸¸°©¨ ‫ڴڷ‬Ζ‫ڴڴڴ‬ ¨¹©￦¸³￦§¬¥²«©·￦­²￦¥§¸Κ
￈¥°¥²§©￦©²¨￦ ‫ڹ‬Ζ‫ڴڻڽ‬Ζ‫ڴڴڴ‬￦ ¥··¹±´¸­³²·￦
￦￦ ‫ں‬Ζ‫ڴڴں‬Ζ‫ڴڴڴ‬￦ ‫ں‬Ζ‫ڴڴں‬Ζ‫ڴڴڴ‬￦ ￚ³¸¥°￦


PROBLEM 30-6 Surplus
Fair value of plan assets
￈©«Κ￦￈¥°¥²§©￦ ‫ڹ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦ ‫ڴڴڸ‬Ζ‫ڴڴڴ‬￦ ￈©²©ª­¸·￦´¥­¨
ￇ§¸¹¥°￦¶©¸¹¶²￦ ‫ڵ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦ ‫ں‬Ζ‫ڴڶڽ‬Ζ‫ڴڴڴ‬￦ ￈¥°¥²§©￦©²¨￦
￉³²¸¶­¦¹¸­³²·￦ ‫ڵ‬Ζ‫ڴڴڸ‬Ζ‫ڴڴڴ‬￦ ￙©¸¸°©±©²¸￦´¶­§©￦
￦ ‫ڴڼ‬Ζ‫ڴڴڴ‬￦ ³ª￦ￊ￈ￕ￦
ￚ³¸¥°￦ ‫ڻ‬Ζ‫ڴڴڸ‬Ζ‫ڴڴڴ‬￦ ‫ڻ‬Ζ‫ڴڴڸ‬Ζ‫ڴڴڴ‬￦ ￚ³¸¥°
￦
Defined benefit obligation
￈©²©ª­¸·￦´¥­¨￦ ‫ڴڴڸ‬Ζ‫ڴڴڴ‬￦ ‫ڸ‬Ζ‫ڴڴڴ‬Ζ‫ ڴڴڴ‬￈©«Κ￦￈¥°¥²§©￦
ￖￜ￦³ª￦ￊ￈ￕ￦·©¸¸°©¨￦ ‫ڴڷ‬Ζ‫ڴڴڴ‬￦ ‫ڶ‬Ζ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦ ￉¹¶¶©²¸￦￙©¶º­§©￦￉³·¸￦
￈¥°¥²§©￦©²¨￦ ‫ں‬Ζ‫ڴڹڶ‬Ζ‫ڴڴڴ‬￦ ‫ڴڼڸ‬Ζ‫ڴڴڴ‬￦ ￏ²¸©¶©·¸￦§³·¸￦
￦￦ ‫ں‬Ζ‫ڴڼں‬Ζ‫ڴڴڴ‬￦ ‫ں‬Ζ‫ڴڼں‬Ζ‫ڴڴڴ‬￦ ￚ³¸¥°￦
￦
￐¥²Κ￦‫ڵ‬￦ ￊ©§Κ￦‫ڵڷ‬￦
ￌ¥­¶￦º¥°¹©￦³ª￦´°¥²￦¥··©¸· ‫ڹ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬ ‫ں‬Ζ‫ڴڶڽ‬Ζ‫ڴڴڴ‬
ￊ©ª­²©¨￦¦©²©ª­¸￦³¦°­«¥¸­³²￦ ‫ڸ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦ ‫ں‬Ζ‫ڴڹڶ‬Ζ‫ڴڴڴ‬￦
￙¹¶´°¹·￦Ϯ³¶￦ￊ©ª­§­¸ϯ￦ ‫ڵ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦ ‫ڴڻں‬Ζ‫ڴڴڴ‬￦
￦
￦

312
Chapter 30 Employee Benefits

PROBLEM 30-7-Net benefit liability or Asset ceiling

Question No. 1
Fair value of plan assets
￈©«Κ￦￈¥°¥²§©￦ ‫ڵ‬Ζ‫ڴڴڷ‬Ζ‫ڴڴڴ‬￦ ‫ڴںڷ‬Ζ‫ڴڴڴ‬￦ ￈©²©ª­¸·￦´¥­¨￦
ￇ§¸¹¥°￦¶©¸¹¶²￦ ‫ڴڼ‬Ζ‫ڴڴڴ‬￦ ‫ڵ‬Ζ‫ڴڶڸ‬Ζ‫ڴڴڴ‬￦ ￈¥°¥²§©￦©²¨￦
￉³²¸¶­¦¹¸­³²·￦ ‫ڴڴڸ‬Ζ‫ڴڴڴ‬
ￚ³¸¥°￦ ‫ڵ‬Ζ‫ڴڼڻ‬Ζ‫ڴڴڴ‬ ‫ڵ‬Ζ‫ڴڼڻ‬Ζ‫ڴڴڴ‬￦ ￚ³¸¥°￦

Question No. 2
Defined benefit obligation
￈©²©ª­¸·￦´¥­¨￦ ‫ڴںڷ‬Ζ‫ڴڴڴ‬￦ ‫ڵ‬Ζ‫ڴڴں‬Ζ‫ڴڴڴ‬￦ ￈©«Κ￦￈¥°¥²§©￦
ￊ©§¶©¥·©￦­²￦ￖￜ￦ ‫ڴڴں‬Ζ‫ڴڴڴ‬￦ ￉¹¶¶©²¸￦￙©¶º­§©￦￉³·¸￦
¨¹©￦¸³￦§¬¥²«©·￦­²￦¥§¸Κ ‫ڴںڵ‬Ζ‫ ڴڴڴ‬ￏ²¸©¶©·¸￦§³·¸￦
ￇ··¹±´¸­³²·￦ Ο￦ ‫ڴڴڵ‬Ζ‫ڴڴڴ‬￦ ￏ²§¶©¥·©￦­²￦ￖￜ￦
ￖ¶©·©²¸￦º¥°¹©￦³ª￦¨©ª­²©¨￦
¦©²©ª­¸￦ ¨¹©￦¸³￦§¬¥²«©·￦­²￦¥§¸Κ￦
￦³¦°­«¥¸­³²￦·©¸¸°©¨￦ Ο￦ ¥··¹±´¸­³²·￦
￈¥°¥²§©￦©²¨￦ ‫ڶ‬Ζ‫ڴڴڷ‬Ζ‫ڴڴڴ‬￦ ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦ ￖ¥·¸￦·©¶º­§©￦§³·¸￦
￦￦ ‫ڶ‬Ζ‫ڴںں‬Ζ‫ڴڴڴ‬￦ ‫ڶ‬Ζ‫ڴںں‬Ζ‫ڴڴڴ‬￦ ￚ³¸¥°￦

Question No. 3
ￏ²¸©¶©·¸￦­²§³±©￦³²￦ￌￜￖￇ ‫ڴڷڵ‬Ζ‫ڴڴڴ‬￦
ￏ²¸©¶©·¸￦©¼´©²·©￦³²￦ￊ￈ￕ￦ Ϯ‫ڴںڵ‬Ζ‫ڴڴڴ‬ϯ￦
ￏ²¸©¶©·¸￦©¼´©²·©￦³²￦©ªª©§¸￦³ª￦¥··©¸￦§©­°­²«￦ Ο￦
ￔ©¸￦­²¸©¶©·¸￦³²￦²©¸￦¨©ª­²©¨￦¦©²©ª­¸￦°­¥¦­°­¸½￦ Ϯ‫ڴڷ‬Ζ‫ڴڴڴ‬ϯ￦
OR ￦
ￔ©¸￦¨©ª­²©¨￦¦©²©ª­¸￦°­¥¦­°­¸½￦ Ϯ‫ڴڴڷ‬Ζ‫ڴڴڴ‬ϯ￦
ￓ¹°¸­´°½Ό￦ￊ­·§³¹²¸￦¶¥¸©￦ ‫ܫڴڵ‬￦
ￔ©¸￦­²¸©¶©·¸￦³²￦²©¸￦¨©ª­²©¨￦¦©²©ª­¸￦¥··©¸￦ Ϯ‫ڴڷ‬Ζ‫ڴڴڴ‬ϯ￦

Question No. 4
Employee Benefit Expense
￉¹¶¶©²¸￦￙©¶º­§©￦§³·¸￦ ‫ڴڴں‬Ζ‫ڴڴڴ‬￦ ‫ڴڷڵ‬Ζ‫ڴڴڴ‬￦ ￏ²¸©¶©·¸￦­²§³±©￦
ￏ²¸©¶©·¸￦©¼´©²·©￦ ‫ڴںڵ‬Ζ‫ڴڴڴ‬￦
ￖ¥·¸￦·©¶º­§©￦§³·¸￦ ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦ ‫ڴڷڼ‬Ζ‫ڴڴڴ‬￦ ￈©²©ª­¸￦©¼´©²·©￦
ￏ²¸Κ￦©¼´Κ￦³²￦¥··©¸￦§©­°­²«￦ Ο ￦
ￚ³¸¥°￦ ‫ڴںڽ‬Ζ‫ڴڴڴ‬￦ ‫ڴںڽ‬Ζ‫ڴڴڴ‬￦ ￚ³¸¥°￦

Question No. 5
ￏ²¸©¶©·¸￦­²§³±©￦³²￦ￌￜￖￇ￦ ‫ڴڷڵ‬Ζ‫ڴڴڴ‬￦
ￇ§¸¹¥°￦¶©¸¹¶²￦³²￦´°¥²￦¥··©¸·￦ ‫ڴڼ‬Ζ‫ڴڴڴ‬￦
￘©±©¥·¹¶©±©²¸￦°³··￦³²￦´°¥²￦¥··©¸·￦ ‫ڴڹ‬Ζ‫ڴڴڴ‬￦
ￇ§¸¹¥¶­¥°￦°³··￦¨¹©￦¸³￦­²§¶©¥·©￦­²￦ￖ￈ￕ￦ ‫ڴڴڵ‬Ζ‫ڴڴڴ‬
ￔ©¸￦¶©±©¥·¹¶©±©²¸￦°³··￦ ‫ڴڹڵ‬Ζ‫ڴڴڴ‬￦
ￔ©¸￦¦©²©ª­¸￦©¼´©²·©￦ ‫ڴڷڼ‬Ζ‫ڴڴڴ‬￦
313
Chapter 30 Employee Benefits

ￔ©¸￦±©¥·¹¶©±©²¸￦°³··￦Ϯ³¶￦«¥­²ϯ￦ ‫ڴڹڵ‬Ζ‫ڴڴڴ‬￦
ￚ³¸¥°￦¨©ª­²©¨￦¦©²©ª­¸￦§³·¸￦ ‫ڴڼڽ‬Ζ‫ڴڴڴ‬￦
￦

ￌ¥­¶￦º¥°¹©￦³ª￦´°¥²￦¥··©¸·Ζ￦￐¥²Κ￦‫ڵ‬￦ ‫ڵ‬Ζ‫ڴڴڷ‬Ζ‫ڴڴڴ‬￦
ￖ¶©·©²¸￦º¥°¹©￦³ª￦¨©ª­²©¨￦¦©²©ª­¸￦³¦°­«¥¸­³²Ζ￦￐¥²Κ￦‫ڵ‬￦ ‫ڵ‬Ζ‫ڴڴں‬Ζ‫ڴڴڴ‬￦
￙¹¶´°¹·￦Ϯ³¶￦¨©ª­§­¸ϯ￦ Ϯ‫ڴڴڷ‬Ζ‫ڴڴڴ‬ϯ￦
ￇ··©¸￦§©­°­²«Ο￐¥²Κ￦‫ڵ‬ Ο
ￔ©¸￦¨©ª­²©¨￦¥··©¸Ο°³»©¶￦ª­«¹¶©￦ Ϯ‫ڴڴڷ‬Ζ‫ڴڴڴ‬ϯ￦
￦

ￌ¥­¶￦º¥°¹©￦³ª￦´°¥²￦¥··©¸·Ζ￦ￊ©§Κ￦‫ڵڷ‬￦ ‫ڵ‬Ζ‫ڴڶڸ‬Ζ‫ڴڴڴ‬￦
ￖ¶©·©²¸￦º¥°¹©￦³ª￦¨©ª­²©¨￦¦©²©ª­¸￦³¦°­«¥¸­³²Ζ￦ￊ©§Κ￦￦‫ڵڷ‬￦ ‫ڶ‬Ζ‫ڴڴڷ‬Ζ‫ڴڴڴ‬
￙¹¶´°¹·￦￦ Ϯ‫ڴڼڼ‬Ζ‫ڴڴڴ‬ϯ￦
ￇ··©¸￦§©­°­²«Οￊ©§Κ￦‫ڵڷ‬￦ Ο￦
ￔ©¸￦¨©ª­²©¨￦¥··©¸Ο°³»©¶￦ª­«¹¶©￦ Ϯ‫ڴڼڼ‬Ζ‫ڴڴڴ‬ϯ￦
￦

ￋ±´°³½©©￦¦©²©ª­¸￦©¼´©²·©Οￖ̲ￒ￦ ￦￦￦￦￦￦‫ڴڷڼ‬Ζ‫ڴڴڴ‬￦
￘©±©¥·¹¶©±©²¸￦°³··Οￕ￉ￏ￦ ￦￦￦￦￦￦‫ڴڹڵ‬Ζ‫ڴڴڴ‬￦
￦￦￦￉¥·¬￦ ￦￦￦￦￦￦‫ڴڴڸ‬Ζ‫ڴڴڴ‬￦￦
￦￦￦ￔ©¸￦¨©ª­²©¨￦¦©²©ª­¸￦°­¥¦­°­¸½￦Ϯ³¶￦¥··©¸ϯ ￦￦￦￦￦￦‫ڴڼڹ‬Ζ‫ڴڴڴ‬￦￦
￦

Jan. 1 Dec. 31
ￌ¥­¶￦º¥°¹©￦³ª￦´°¥²￦¥··©¸·￦ ‫ڵ‬Ζ‫ڴڴڷ‬Ζ‫ڴڴڴ‬￦ ‫ڵ‬Ζ‫ڴڶڸ‬Ζ‫ڴڴڴ‬￦
ￊ©ª­²©¨￦¦©²©ª­¸￦³¦°­«¥¸­³² ‫ڵ‬Ζ‫ڴڴں‬Ζ‫ڴڴڴ‬￦ ‫ڶ‬Ζ‫ڴڴڷ‬Ζ‫ڴڴڴ‬
ￊ©ª­§­¸￦³¶￦²©¸￦¨©ª­²©¨￦¦©²©ª­¸￦°­¥¦­°­¸½￦ Ϯ‫ڴڴڷ‬Ζ‫ڴڴڴ‬ϯ￦ Ϯ‫ڴڼڼ‬Ζ‫ڴڴڴ‬ϯ
￦

SUMMARY OF ANSWERS:
1. A 2. B 3. B 4. B 5. C


PROBLEM 30-8 Net benefit Asset-No Asset Ceiling
Question No. 1
Fair value of plan assets
￈©«Κ￦￈¥°¥²§©￦ ‫ڶ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦ ‫ڴڷڶ‬Ζ‫ڴڴڴ‬￦ ￈©²©ª­¸·￦´¥­¨￦
ￇ§¸¹¥°￦¶©¸¹¶²￦￦ ‫ڴڴڷ‬Ζ‫ڴڴڴ‬￦ ‫ڶ‬Ζ‫ڴڻں‬Ζ‫ڴڴڴ‬￦ ￈¥°¥²§©￦©²¨￦
￉³²¸¶­¦¹¸­³²·￦ ‫ڴڴں‬Ζ‫ڴڴڴ‬
ￚ³¸¥°￦ ‫ڶ‬Ζ‫ڴڴڽ‬Ζ‫ڴڴڴ‬￦ ‫ڶ‬Ζ‫ڴڴڽ‬Ζ‫ڴڴڴ‬￦ ￚ³¸¥°￦
￦

Question No. 2
Defined benefit obligation
￈©²©ª­¸·￦´¥­¨￦ ‫ڴڷڶ‬Ζ‫ڴڴڴ‬￦ ‫ڵ‬Ζ‫ڴڴڸ‬Ζ‫ڴڴڴ‬ ￈©«Κ￦￈¥°¥²§©￦
￦ ‫ڴڴں‬Ζ‫ڴڴڴ‬￦ ￉¹¶¶©²¸￦￙©¶º­§©￦￉³·¸￦
￦ ‫ڼںڵ‬Ζ‫ڴڴڴ‬￦ ￏ²¸©¶©·¸￦§³·¸￦
￦ Ο￦ ‫ڴڼ‬Ζ‫ڴڴڴ‬ ￏ²§¶©¥·©￦­²￦ￖￜ￦
￦ ¨¹©￦¸³￦§¬¥²«©·￦­²￦¥§¸Κ￦
￦ Ο￦ ¥··¹±´¸­³²·￦
￈¥°¥²§©￦©²¨￦ ‫ڶ‬Ζ‫ڼںڷ‬Ζ‫ڴڴڴ‬￦ ‫ڴڹڷ‬Ζ‫ڴڴڴ‬ ￖ¥·¸￦·©¶º­§©￦§³·¸
￦ ‫ڶ‬Ζ‫ڼڽڹ‬Ζ‫ڴڴڴ‬￦ ‫ڶ‬Ζ‫ڼڽڹ‬Ζ‫ڴڴڴ‬ ￚ³¸¥°￦
Question No. 3

314
Chapter 30 Employee Benefits

ￏ²¸©¶©·¸￦­²§³±©￦³²￦ￌￜￖￇ￦ ‫ڴڸڶ‬Ζ‫ڴڴڴ‬￦
ￏ²¸©¶©·¸￦©¼´©²·©￦³²￦ￊ￈ￕ Ϯ‫ڼںڵ‬Ζ‫ڴڴڴ‬ϯ￦
ￏ²¸©¶©·¸￦©¼´©²·©￦³²￦©ªª©§¸￦³ª￦¥··©¸￦§©­°­²«￦ Ο￦
ￔ©¸￦­²¸©¶©·¸￦³²￦²©¸￦¨©ª­²©¨￦¦©²©ª­¸￦¥··©¸￦ ‫ڶڻ‬Ζ‫ڴڴڴ‬￦
OR ￦
ￔ©¸￦¨©ª­²©¨￦¦©²©ª­¸￦¥··©¸￦ ‫ڴڴں‬Ζ‫ڴڴڴ‬￦
ￓ¹°¸­´°½￦¦½Ό￦ￊ­·§³¹²¸￦¶¥¸©￦ ‫ܫڶڵ‬￦
ￔ©¸￦­²¸©¶©·¸￦³²￦²©¸￦¨©ª­²©¨￦¦©²©ª­¸￦¥··©¸￦ ‫ڶڻ‬Ζ‫ڴڴڴ‬￦

Question No. 4
Employee Benefit Expense
￉¹¶¶©²¸￦￙©¶º­§©￦§³·¸￦ ‫ڴڴں‬Ζ‫ڴڴڴ‬￦ ‫ڴڸڶ‬Ζ‫ڴڴڴ‬￦ ￏ²¸©¶©·¸￦­²§³±©￦
ￏ²¸©¶©·¸￦©¼´©²·©￦ ‫ڼںڵ‬Ζ‫ڴڴڴ‬￦
ￖ¥·¸￦·©¶º­§©￦§³·¸￦ ‫ڴڹڷ‬Ζ‫ڴڴڴ‬￦ ‫ڼڻڼ‬Ζ‫ڴڴڴ‬￦ ￈©²©ª­¸￦©¼´©²·©￦
ￏ²¸Κ￦©¼´Κ￦³²￦¥··©¸￦§©­°­²«￦ Ο￦ ￦
ￚ³¸¥°￦ ‫ڵ‬Ζ‫ڼڵڵ‬Ζ‫ڴڴڴ‬￦ ‫ڵ‬Ζ‫ڼڵڵ‬Ζ‫ڴڴڴ‬￦ ￚ³¸¥°
￦

Question No. 5
ￌ¥­¶￦º¥°¹©￦³ª￦´°¥²￦¥··©¸·Ζ￦￐¥²Κ￦‫ڵ‬￦ ‫ڶ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
ￖ¶©·©²¸￦º¥°¹©￦³ª￦¨©ª­²©¨￦¦©²©ª­¸￦³¦°­«¥¸­³²Ζ￦￐¥²Κ￦‫ڵ‬￦ ‫ڵ‬Ζ‫ڴڴڸ‬Ζ‫ڴڴڴ‬
￙¹¶´°¹·￦￦ ‫ڴڴں‬Ζ‫ڴڴڴ‬￦
ￇ··©¸￦§©­°­²«Ο￐¥²Κ￦‫ڵ‬￦ Ο￦
ￔ©¸￦¨©ª­²©¨￦¥··©¸Ο°³»©¶￦ª­«¹¶©￦ ‫ڴڴں‬Ζ‫ڴڴڴ‬￦
OR
ￌ¥­¶￦º¥°¹©￦³ª￦´°¥²￦¥··©¸·Ζ￦ￊ©§Κ￦‫ڵڷ‬￦ ‫ڶ‬Ζ‫ڴڻں‬Ζ‫ڴڴڴ‬￦
ￖ¶©·©²¸￦º¥°¹©￦³ª￦¨©ª­²©¨￦¦©²©ª­¸￦³¦°­«¥¸­³²Ζ￦ￊ©§Κ￦￦‫ڵڷ‬￦ ‫ڶ‬Ζ‫ڼںڷ‬Ζ‫ڴڴڴ‬￦
￙¹¶´°¹·￦ ‫ڶڴڷ‬Ζ‫ڴڴڴ‬
ￇ··©¸￦§©­°­²«Οￊ©§Κ￦‫ڵڷ‬￦ Ο￦
ￔ©¸￦¨©ª­²©¨￦¥··©¸Ο°³»©¶￦ª­«¹¶©￦ ‫ڶڴڷ‬Ζ‫ڴڴڴ‬￦
￦

ￏ²¸©¶©·¸￦­²§³±©￦³²￦ￌￜￖￇ ‫ڴڸڶ‬Ζ‫ڴڴڴ‬
ￇ§¸¹¥°￦¶©¸¹¶²￦³²￦´°¥²￦¥··©¸·￦ ‫ڴڴڷ‬Ζ‫ڴڴڴ‬￦
￘©±©¥·¹¶©±©²¸￦°³··￦Ϯ³¶￦«¥­²ϯ￦³²￦´°¥²￦¥··©¸·￦ Ϯ‫ڴں‬Ζ‫ڴڴڴ‬ϯ￦
ￇ§¸¹¥¶­¥°￦«¥­²￦¨¹©￦¸³￦¨©§¶©¥·©￦­²￦ￖ￈ￕ￦ Ο￦
ￇ§¸¹¥¶­¥°￦°³··￦¨¹©￦¸³￦­²§¶©¥·©￦­²￦ￖ￈ￕ￦ ‫ڴڼ‬Ζ‫ڴڴڴ‬
￘©±©¥·¹¶©±©²¸￦°³··￦Ϯ«¥­²ϯ￦Οￕ￉ￏ￦ Ο￦
ￔ©¸￦￘©±©¥·¹¶©±©²¸￦°³··￦ ‫ڴڶ‬Ζ‫ڴڴڴ‬￦
ￔ©¸￦¦©²©ª­¸￦©¼´©²·©￦ ‫ڼڻڼ‬Ζ‫ڴڴڴ‬￦
ￔ©¸￦±©¥·¹¶©±©²¸￦°³··￦￦ ‫ڴڶ‬Ζ‫ڴڴڴ‬
ￚ³¸¥°￦¨©ª­²©¨￦¦©²©ª­¸￦§³·¸￦ ‫ڼڽڼ‬Ζ‫ڴڴڴ‬
￦

ￋ±´°³½©©￦¦©²©ª­¸￦©¼´©²·©Οￖ̲ￒ￦ ‫ڼڻڼ‬Ζ‫ڴڴڴ‬￦
￘©±©¥·¹¶©±©²¸￦°³··Οￕ￉ￏ ‫ڴڶ‬Ζ‫ڴڴڴ‬
￦￦￦￉¥·¬￦ ‫ڴڴں‬Ζ‫ڴڴڴ‬￦
￦￦￦ￔ©¸￦¨©ª­²©¨￦¦©²©ª­¸￦°­¥¦­°­¸½￦Ϯ³¶￦¥··©¸ϯ￦ ‫ڼڽڶ‬Ζ‫ڴڴڴ‬￦
￦

￐¥²Κ￦‫ڵ‬ ￊ©§Κ￦‫ڵڷ‬
315
Chapter 30 Employee Benefits

ￌ¥­¶￦º¥°¹©￦³ª￦´°¥²￦¥··©¸·￦ ‫ڶ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦ ‫ڶ‬Ζ‫ڴڻں‬Ζ‫ڴڴڴ‬￦

ￊ©ª­²©¨￦¦©²©ª­¸￦³¦°­«¥¸­³² ‫ڵ‬Ζ‫ڴڴڸ‬Ζ‫ڴڴڴ‬ ‫ڶ‬Ζ‫ڼںڷ‬Ζ‫ڴڴڴ‬
￙¹¶´°¹·￦ ‫ڴڴں‬Ζ‫ڴڴڴ‬ ‫ڶڴڷ‬Ζ‫ڴڴڴ‬
￦

SUMMARY OF ANSWERS:
1. A 2. B 3. D 4. A 5.


PROBLEM 30-9 Net benefit Asset-With Asset Ceiling
￦

Question No. 1
Fair value of plan assets
￈©«Κ￦￈¥°¥²§©￦ ‫ڷ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦ ‫ڴڹڵ‬Ζ‫ڴڴڴ‬￦ ￈©²©ª­¸·￦´¥­¨￦
ￇ§¸¹¥°￦¶©¸¹¶²￦³²￦´°¥²￦¥··©¸·￦ ‫ڴڸڷ‬Ζ‫ڴڴڴ‬￦ ‫ڷ‬Ζ‫ڴڽڻ‬Ζ‫ڴڴڴ‬￦ ￈¥°¥²§©￦©²¨￦
￉³²¸¶­¦¹¸­³²·￦¸³￦¸¬©￦¶©¸­¶©±©²¸ ‫ڴڴں‬Ζ‫ڴڴڴ‬
ￚ³¸¥°￦ ‫ڷ‬Ζ‫ڴڸڽ‬Ζ‫ڴڴڴ‬ ‫ڷ‬Ζ‫ڴڸڽ‬Ζ‫ڴڴڴ‬￦ ￚ³¸¥°

Question No. 2
Defined benefit obligation
￈©²©ª­¸·￦´¥­¨￦ ‫ڴڹڵ‬Ζ‫ڶ ڴڴڴ‬Ζ‫ڴڴں‬Ζ‫ڴڴڴ‬￦ ￈©«Κ￦￈¥°¥²§©
ￊ©§¶©¥·©￦­²￦ￖￜ￦ ‫ڴڹڶ‬Ζ‫ڴڴڴ‬￦ ￉¹¶¶©²¸￦￙©¶º­§©￦￉³·¸￦
¨¹©￦¸³￦§¬¥²«©·￦­²￦¥§¸Κ￦ ‫ڴںڶ‬Ζ‫ڴڴڴ‬￦ ￏ²¸©¶©·¸￦§³·¸￦
¥··¹±´¸­³²· Ο ‫ڴڼ‬Ζ‫ڴڴڴ‬￦ ￏ²§¶©¥·©￦­²￦ￖￜ
ￖ¶©·©²¸￦º¥°¹©￦³ª￦¨©ª­²©¨￦¦©²©ª­¸￦ ¨¹©￦¸³￦§¬¥²«©·￦­²￦¥§¸Κ￦
￦³¦°­«¥¸­³²￦·©¸¸°©¨￦ Ο￦ ¥··¹±´¸­³²·￦
￈¥°¥²§©￦©²¨￦ ‫ڷ‬Ζ‫ڴڸڶ‬Ζ‫ڴڴڴ‬ ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦ ￖ¥·¸￦·©¶º­§©￦§³·¸￦
￦ ‫ڷ‬Ζ‫ڴڽڷ‬Ζ‫ڷ ڴڴڴ‬Ζ‫ڴڽڷ‬Ζ‫ڴڴڴ‬￦ ￚ³¸¥°￦

Question No. 3
ￏ²¸©¶©·¸￦­²§³±©￦³²￦ￌￜￖￇ￦ ‫ڴڴڷ‬Ζ‫ڴڴڴ‬￦
ￏ²¸©¶©·¸￦©¼´©²·©￦³²￦ￊ￈ￕ￦ Ϯ‫ڴںڶ‬Ζ‫ڴڴڴ‬ϯ￦
ￏ²¸©¶©·¸￦©¼´©²·©￦³²￦©ªª©§¸￦³ª￦¥··©¸￦§©­°­²« Ϯ‫ڴڵ‬Ζ‫ڴڴڴ‬ϯ￦
ￔ©¸￦­²¸©¶©·¸￦³²￦²©¸￦¨©ª­²©¨￦¦©²©ª­¸￦¥··©¸￦ ‫ڴڷ‬Ζ‫ڴڴڴ‬￦
OR ￦
ￔ©¸￦¨©ª­²©¨￦¦©²©ª­¸￦¥··©¸￦ ‫ڴڴڷ‬Ζ‫ڴڴڴ‬￦
ￓ¹°¸­´°½￦¦½Ό￦ￊ­·§³¹²¸￦¶¥¸©￦ ‫ܫڴڵ‬￦
ￔ©¸￦­²¸©¶©·¸￦­²§³±©￦³²￦²©¸￦¨©ª­²©¨￦¥··©¸￦ ‫ڴڷ‬Ζ‫ڴڴڴ‬￦

Question No. 4
Employee Benefit Expense
￉¹¶¶©²¸￦￙©¶º­§©￦§³·¸￦ ‫ڴڹڶ‬Ζ‫ڴڴڴ‬￦ ‫ڴڴڷ‬Ζ‫ڴڴڴ‬￦ ￏ²¸©¶©·¸￦­²§³±©￦
ￏ²¸©¶©·¸￦©¼´©²·©￦ ‫ڴںڶ‬Ζ‫ڴڴڴ‬￦
ￖ¥·¸￦·©¶º­§©￦§³·¸￦ ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦ ‫ڴڶڸ‬Ζ‫ڴڴڴ‬￦ ￈©²©ª­¸￦©¼´©²·©￦
ￏ²¸Κ￦©¼´Κ￦³²￦¥··©¸￦§©­°­²«￦ ‫ڴڵ‬Ζ‫ڴڴڴ‬￦ ￦￦
ￚ³¸¥°￦ ‫ڴڶڻ‬Ζ‫ڴڴڴ‬￦ ‫ڴڶڻ‬Ζ‫ڴڴڴ‬￦ ￚ³¸¥°￦
￦

Question No. 5
316
Chapter 30 Employee Benefits

ￌ¥­¶￦º¥°¹©￦³ª￦´°¥²￦¥··©¸·Ζ￦￐¥²Κ￦‫ڵ‬￦ ‫ڷ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
ￖ¶©·©²¸￦º¥°¹©￦³ª￦¨©ª­²©¨￦¦©²©ª­¸￦³¦°­«¥¸­³²Ζ￦￐¥²Κ￦‫ڵ‬￦ ‫ڶ‬Ζ‫ڴڴں‬Ζ‫ڴڴڴ‬
￙¹¶´°¹·￦ ‫ڴڴڸ‬Ζ‫ڴڴڴ‬
ￇ··©¸￦§©­°­²«Ο￐¥²Κ￦‫ڵ‬￦ ‫ڴڴڷ‬Ζ‫ڴڴڴ‬￦
ￔ©¸￦¨©ª­²©¨￦¥··©¸Ο°³»©¶￦ª­«¹¶©￦ ‫ڴڴڷ‬Ζ‫ڴڴڴ‬￦
￦

￙¹¶´°¹·￦ ‫ڴڴڸ‬Ζ‫ڴڴڴ‬￦
ￇ··©¸￦§©­°­²«Ο￐¥²Κ￦‫ڵ‬￦ ‫ڴڴڷ‬Ζ‫ڴڴڴ‬￦
ￋªª©§¸￦³ª￦¸¬©￦¥··©¸￦§©­°­²«Ο￐¥²Κ￦‫ڵ‬￦ ‫ڴڴڵ‬Ζ‫ڴڴڴ‬￦
￦

ￋªª©§¸￦³ª￦¸¬©￦¥··©¸￦§©­°­²«Ο￐¥²Κ￦‫ڵ‬￦ ‫ڴڴڵ‬Ζ‫ڴڴڴ‬￦
ￊ­·§³¹²¸￦¶¥¸©￦ ‫ܫڴڵ‬￦
ￏ²¸©¶©·¸￦³²￦¸¬©￦©ªª©§¸￦³ª￦¸¬©￦¥··©¸￦§©­°­²«Οￖ̲ￒ￦ ‫ڴڵ‬Ζ‫ڴڴڴ‬￦
￦

ￌ¥­¶￦º¥°¹©￦³ª￦´°¥²￦¥··©¸·Ζ￦ￊ©§Κ￦‫ڵڷ‬￦ ‫ڷ‬Ζ‫ڴڽڻ‬Ζ‫ڴڴڴ‬￦
ￖ¶©·©²¸￦º¥°¹©￦³ª￦¨©ª­²©¨￦¦©²©ª­¸￦³¦°­«¥¸­³²Ζ￦ￊ©§Κ￦￦‫ڵڷ‬￦ ‫ڷ‬Ζ‫ڴڸڶ‬Ζ‫ڴڴڴ‬￦
￙¹¶´°¹·￦ ‫ڴڹڹ‬Ζ‫ڴڴڴ‬
ￇ··©¸￦§©­°­²«Οￊ©§Κ￦‫ڵڷ‬￦ ‫ڴڹڷ‬Ζ‫ڴڴڴ‬￦
ￔ©¸￦¨©ª­²©¨￦¥··©¸Ο°³»©¶￦ª­«¹¶©￦ ‫ڴڹڷ‬Ζ‫ڴڴڴ‬￦
￦

￙¹¶´°¹·￦ ‫ڴڹڹ‬Ζ‫ڴڴڴ‬
ￇ··©¸￦§©­°­²«Οￊ©§Κ￦‫ڵڷ‬￦ ‫ڴڹڷ‬Ζ‫ڴڴڴ‬￦
ￋªª©§¸￦³ª￦¸¬©￦¥··©¸￦§©­°­²«Οￊ©§Κ￦‫ڵڷ‬￦ ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦
￦

ￋªª©§¸￦³ª￦¸¬©￦¥··©¸￦§©­°­²«Οￊ©§Κ￦‫ڵڷ‬￦ ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦
ￋªª©§¸￦³ª￦¸¬©￦¥··©¸￦§©­°­²«Ο￐¥²Κ￦‫ڵ‬ ‫ڴڴڵ‬Ζ‫ڴڴڴ‬￦
ￏ²§¶©¥·©￦­²￦¸¬©￦©ªª©§¸￦³ª￦¸¬©￦¥··©¸￦§©­°­²«￦ ‫ڴڴڵ‬Ζ‫ڴڴڴ‬￦
Ϯￏ²§¶©¥·©￦­·￦°³··￦¨©§¶©¥·©￦­·￦«¥­²ϯ￦
ￚ³¸¥°￦­²§¶©¥·©￦³ª￦¸¬©￦¥··©¸￦§©­°­²« ‫ڴڴڵ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦ￏ²¸©¶©·¸￦³²￦¸¬©￦©ªª©§¸￦³ª￦¸¬©￦¥··©¸￦§©­°­²«￦¨¹¶­²«￦¸¬©￦½©¥¶￦
￦Ϯￋªª©§¸￦³ª￦¸¬©￦¥··©¸￦§©­°­²«Ο￐¥²Κ￦‫ڵ‬￦¼￦¨­·§Κ￦￘¥¸©ϯ￦ ‫ڴڵ‬Ζ‫ڴڴڴ‬￦
￘©±©¥·¹¶©±©²¸￦«¥­²￦¶©§³«²­¾©¨￦­²Οￕ￉ￏ￦ ‫ڴڽ‬Ζ‫ڴڴڴ‬￦
￦

ￏ²¸©¶©·¸￦­²§³±©￦³²￦ￌￜￖￇ￦ ‫ڴڴڷ‬Ζ‫ڴڴڴ‬￦
ￇ§¸¹¥°￦¶©¸¹¶²￦³²￦´°¥²￦¥··©¸·￦ ‫ڴڸڷ‬Ζ‫ڴڴڴ‬￦
￘©±©¥·¹¶©±©²¸￦°³··￦Ϯ³¶￦«¥­²ϯ￦³²￦´°¥²￦¥··©¸·￦ Ϯ‫ڴڸ‬Ζ‫ڴڴڴ‬ϯ￦
ￇ§¸¹¥¶­¥°￦«¥­²￦¨¹©￦¸³￦¨©§¶©¥·©￦­²￦ￖ￈ￕ Ο
ￇ§¸¹¥¶­¥°￦°³··￦¨¹©￦¸³￦­²§¶©¥·©￦­²￦ￖ￈ￕ￦ ‫ڴڼ‬Ζ‫ڴڴڴ‬￦
￘©±©¥·¹¶©±©²¸￦°³··￦Ϯ«¥­²ϯ￦¶©§³«²­¾©¨￦­²Οￕ￉ￏ￦ ‫ڴڽ‬Ζ‫ڴڴڴ‬￦
ￔ©¸￦￘©±©¥·¹¶©±©²¸￦°³··￦Ϯ³¶￦«¥­²ϯ￦ ‫ڴڷڵ‬Ζ‫ڴڴڴ‬￦
ￔ©¸￦¦©²©ª­¸￦©¼´©²·© ‫ڴڶڸ‬Ζ‫ڴڴڴ‬
ￔ©¸￦±©¥·¹¶©±©²¸￦°³··￦Ϯ³¶￦«¥­²ϯ￦ ‫ڴڷڵ‬Ζ‫ڴڴڴ‬￦
ￚ³¸¥°￦¨©ª­²©¨￦¦©²©ª­¸￦§³·¸￦ ‫ڴڹڹ‬Ζ‫ڴڴڴ‬￦
￦

ￋ±´°³½©©￦¦©²©ª­¸￦©¼´©²·©Οￖ̲ￒ￦ ‫ڴڶڸ‬Ζ‫ڴڴڴ‬￦
￘©±©¥·¹¶©±©²¸￦°³··Οￕ￉ￏ￦ ‫ڴڷڵ‬Ζ‫ڴڴڴ‬￦
ￔ©¸￦¨©ª­²©¨￦¦©²©ª­¸￦¥··©¸￦ ‫ڴڹ‬Ζ‫ڴڴڴ‬￦
￦￦￦￉¥·¬￦ ‫ڴڴں‬Ζ‫ڴڴڴ‬￦
￦

317
‫‪Chapter 30‬‬ ‫‪Employee Benefits‬‬

‫‪￦‬ڵ‪￐¥²Κ￦‬‬ ‫‪￦‬ڵڷ‪ￊ©§Κ￦‬‬
‫·¸©··‪ￌ¥­¶￦º¥°¹©￦³ª￦´°¥²￦¥‬‬ ‫ڴڴڴ‪Ζ‬ڴڴڴ‪Ζ‬ڷ‬ ‫ڴڴڴ‪Ζ‬ڴڽڻ‪Ζ‬ڷ‬
‫‪ￊ©ª­²©¨￦¦©²©ª­¸￦³¦°­«¥¸­³²￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڴں‪Ζ‬ڶ‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڸڶ‪Ζ‬ڷ‬
‫‪￙¹¶´°¹·￦￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڴڸ‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڹڹ‬
‫‪￦‬‬

‫ ‪SUMMARY OF ANSWERS:‬‬
‫ ‪1. C 2. C 3. B 4. A 5.‬‬ ‫ ‪C‬‬ ‫ ‬ ‫ ‬
‫ ‬
‫ ‬
‫‪PROBLEM 30-10 Comprehensive￦‬‬
‫‪￦‬‬

‫ ‪Question No. 1‬‬

‫‪ￍ¶³··￦ￏ²º©·¸±©²¸Ό￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬
‫‪ϯ￦‬ڹ‪￦¼￦‬ڴڴڴ‪Ζ‬ڴڴڹ‪Ζ‬ڵ‪ￚ³¸¥°￦´©¶­³¨­§￦°©¥·©￦´¥½±©²¸·￦Ϯ‬‬ ‫ڴڴڴ‪Ζ‬ڴڴڹ‪Ζ‬ڻ‬ ‫‪￦‬‬
‫‪ￇ¨¨Ό￦￘©·­¨¹¥°￦º¥°¹©￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڴڹ‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڴڴ‪Ζ‬ڼ‬
‫‪ￖ¶©·©²¸￦º¥°¹©￦³ª￦«¶³··￦­²º©·¸±©²¸Ό￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬
‫‪ϯ￦‬ڴں‪Κ‬ڷ‪￦¼￦‬ڴڴڴ‪Ζ‬ڴڴڹ‪Ζ‬ڵ‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڴڸ‪Ζ‬ڹ‬ ‫‪￦‬‬
‫‪ϯ￦‬ڻڹ‪Κ‬ڴ‪￦¼￦‬ڴڴڴ‪Ζ‬ڴڴ‬ ‫ڴڴڴ‪Ζ‬ڹڼڶ‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڹڼں‪Ζ‬ڹ‬
‫©‪ￛ²©¥¶²©¨￦­²¸©¶©·¸￦­²§³±‬‬ ‫‪￦‬‬ ‫‪(A)￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڹڵڷ‪Ζ‬ڶ‬
‫ ‬
‫ ‪Question No. 2 & 3‬‬
‫ ‪Amortization Table‬‬
‫ ‪Interest‬‬ ‫ ‪Present‬‬
‫ ‪Date‬‬ ‫ ‪Collection‬‬ ‫ ‪Income‬‬ ‫ ‪Amortization‬‬ ‫ ‪value‬‬
‫ڼڵڴڶ‪ϑ‬ڵڴ‪ϑ‬ڵڴ‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڹڼں‪Ζ‬ڹ‬
‫‪￦‬ڼڵڴڶ‪ϑ‬ڵڷ‪ϑ‬ڶڵ‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڴڹ‪Ζ‬ڵ‬ ‫ ‪688,200‬‬ ‫‪￦‬ڴڴڼ‪Ζ‬ڻڵڼ‬ ‫‪￦‬ڴڴڶ‪Ζ‬ڻںڼ‪Ζ‬ڸ‬
‫‪￦‬ڽڵڴڶ‪ϑ‬ڵڷ‪ϑ‬ڶڵ‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڴڹ‪Ζ‬ڵ‬ ‫‪￦‬ڸںڴ‪Ζ‬ڸڼڹ‬ ‫ ‪915,936‬‬ ‫‪￦‬ڸںڶ‪Ζ‬ڵڹڽ‪Ζ‬ڷ‬
‫ڴڶڴڶ‪ϑ‬ڵڷ‪ϑ‬ڶڵ‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڴڹ‪Ζ‬ڵ‬ ‫‪￦‬ڶڹڵ‪Ζ‬ڸڻڸ‬ ‫ڼڸڼ‪Ζ‬ڹڶڴ‪Ζ‬ڵ‬ ‫‪￦‬ںڵڸ‪Ζ‬ڹڶڽ‪Ζ‬ڶ‬
‫‪￦‬ڵڶڴڶ‪ϑ‬ڵڷ‪ϑ‬ڶڵ‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڴڹ‪Ζ‬ڵ‬ ‫‪￦‬ڴڹڴ‪Ζ‬ڵڹڷ‬ ‫‪￦‬ڴڹڽ‪Ζ‬ڼڸڵ‪Ζ‬ڵ‬ ‫‪￦‬ںںڸ‪Ζ‬ںڻڻ‪Ζ‬ڵ‬
‫‪￦‬ڶڶڴڶ‪ϑ‬ڵڷ‪ϑ‬ڶڵ‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڴڴ‪Ζ‬ڶ‬ ‫‪￦‬ںڻڵ‪Ζ‬ڷڵڶ‬ ‫‪￦‬ڸڶڼ‪Ζ‬ںڼڻ‪Ζ‬ڵ‬ ‫‪￘³¹²¨­²«￦³ªª￦‬‬
‫‪￦‬‬

‫ ‪Question No. 3‬‬

‫‪￙¥°©·￦‬‬ ‫ڴڴڴ‪Ζ‬ڴڴڸ‪Ζ‬ڹ‬
‫‪ￒ©··Ό￦ￔ©¸￦§³·¸￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬
‫‪￦￦￦￉³·¸￦³ª￦«³³¨·￦·³°¨￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڴڴ‪Ζ‬ڸ‬ ‫‪￦‬‬
‫‪￦￦￦ￒ©··Ό￦ￖￜ￦³ª￦ￛ￘ￜ￦‬‬ ‫ڴڴڴ‪Ζ‬ڹڼڶ‬ ‫ڴڴڴ‪Ζ‬ڹڵڻ‪Ζ‬ڷ‬
‫‪ￏ²­¸­¥°￦¨­¶©§¸￦§³·¸￦‬‬ ‫ڴڴڴ‪Ζ‬ڴڴڶ‬
‫¸­‪·￦´¶³ª‬ك¶©‪ￊ©¥°‬‬ ‫ڴڴڴ‪Ζ‬ڹڼڸ‪Ζ‬ڵ‬
‫ ‬
‫‪￙¥°©·￦‬‬ ‫‪￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڹڶ‪Ζ‬ڶڷ‬
‫‪ￒ©··Ό￦￉³·¸￦³ª￦«³³¨·￦·³°¨￦‬‬ ‫‪￦‬‬ ‫‪￦‬ڹڼڼ‪Ζ‬ڸڼڴ‪Ζ‬ڷڵ‬
‫‪ￍ¶³··￦´¶³ª­¸￦Ϯ´©¶￦¶©§³¶¨ϯ￦‬‬ ‫‪￦‬‬ ‫‪￦‬ڹڵڵ‪Ζ‬ڹںڵ‪Ζ‬ڽڵ‬
‫‪ￓϯ￦‬ڸ‪ￓ￦ ￦‬ڹ‪Κ‬ڻ‪ￒ©··Ό￦ￍ¶³··￦´¶³ª­¸￦¶©´³¶¸©¨￦Ϯ‬‬ ‫‪￦‬‬ ‫ڴڴڴ‪Ζ‬ڴڴڹ‪Ζ‬ڷ‬
‫‪ￇ¨¨Ό￦￉³¶¶©§¸￦«¶³··￦´¶³ª­¸￦ª¶³±￦°©¥·©￦‬‬ ‫‪￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڹڼڸ‪Ζ‬ڵ‬
‫‪ￍ¶³··￦´¶³ª­¸￦Ϯ¥¨®¹·¸©¨ϯ￦ ￦‬‬ ‫‪(C)￦‬‬ ‫‪￦‬‬ ‫‪￦‬ڹڵڵ‪Ζ‬ڴڹڵ‪Ζ‬ڻڵ‬
‫ ‬
‫ ‪Question No. 4‬‬

‫‪318‬‬
Chapter 30 Employee Benefits

EMPLOYEE BENEFIT
Fair value of plan assets
￈©«Κ￦￈¥°¥²§© ‫ڵ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦ ‫ڴڹڶ‬Ζ‫ڴڴڴ‬￦ ￈©²©ª­¸·￦´¥­¨
ￇ§¸¹¥°￦¶©¸¹¶²￦ ‫ڴڸڷ‬Ζ‫ڴڴڴ‬￦ ‫ڵ‬Ζ‫ڴڽں‬Ζ‫ڴڴڴ‬￦ ￋ²¨￦
￉³²¸¶­¦¹¸­³²￦ ‫ڴڴں‬Ζ‫ڴڴڴ‬￦
￦￦ ‫ڵ‬Ζ‫ڴڸڽ‬Ζ‫ڴڴڴ‬￦ ‫ڵ‬Ζ‫ڴڸڽ‬Ζ‫ڴڴڴ‬￦ ￦￦
￦

Defined benefit obligation

￈©²©ª­¸·￦´¥­¨￦ ‫ڴڹڶ‬Ζ‫ڴڴڴ‬￦ ‫ڵ‬Ζ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦ ￈©«Κ￦￈¥°¥²§©￦
ￋ²¨￦ ‫ڵ‬Ζ‫ںڽڽ‬Ζ‫ڴڴڴ‬￦ ‫ڴڴں‬Ζ‫ڴڴڴ‬￦ ￉¹¶¶©²¸￦·©¶º￦§³·¸￦
ￊ©§Κ￦­²￦ￊ￈ￕ Ο￦ ‫ںڽ‬Ζ‫ڴڴڴ‬ ￏ²¸©¶©·¸￦§³·¸￦
‫ڴڹ‬Ζ‫ڴڴڴ‬￦ ￏ²§Κ￦­²￦ￊ￈ￕ￦
‫ڴڴڷ‬Ζ‫ڴڴڴ‬￦ ￖ¥·¸￦·©¶º­§©￦§³·¸￦
￦￦ ‫ڶ‬Ζ‫ںڸڶ‬Ζ‫ڴڴڴ‬￦ ‫ڶ‬Ζ‫ںڸڶ‬Ζ‫ڴڴڴ‬￦ ￦￦
￦

Benefit Cost-P&L
ￏ²¸©¶©·¸￦ ­²§³±©￦
￉¹¶¶©²¸￦·©¶º­§©￦§³·¸￦ ‫ڴڴں‬Ζ‫ڴڴڴ‬￦ ‫ڴڼ‬Ζ‫ڴڴڴ‬￦ ￌￜￖￇ￦
ￖ¥·¸￦·©¶º­§©￦§³·¸￦ ‫ڴڴڷ‬Ζ‫ڴڴڴ‬￦ Ο ￍ¥­²￦³²￦·©¸¸°©±©²¸
ￏ²¸©¶©·¸￦©¼´Οￊ￈ￕ￦ ‫ںڽ‬Ζ‫ڴڴڴ‬￦
ￒ³··￦³²￦·©¸¸°©±©²¸￦ Ο￦ 916,000 Benefit expense
ￏ²¸©¶©·¸￦©¼´©²·©Οￋￇ￉￦ Ο￦
￦￦ ‫ںڽڽ‬Ζ‫ڴڴڴ‬￦ ‫ںڽڽ‬Ζ‫ڴڴڴ‬ ￦￦
￦

ￌ¥­¶￦º¥°¹©￦³ª￦´°¥²￦¥··©¸·￦ ‫ڵ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
ￊ©ª­²©¨￦¦©²©ª­¸￦³¦°­«¥¸­³²￦ ‫ڵ‬Ζ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦
￙¹¶´°¹·￦Ϯ³¶￦­ª￦²©«¥¸­º©Ζ￦ￔ￈ￒ￦³¶￦¨©ª­§­¸ϯ Ϯ‫ڴڴڶ‬Ζ‫ڴڴڴ‬ϯ
ￔ©¸￦¦©²©ª­¸￦°­¥¦­°­¸½Ζ￦￐¥²Κ￦‫ڵ‬￦ ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦
ￓ¹°¸­´°½￦¦½Ό￦ￊ­·§³¹²¸￦¶¥¸©￦ ‫ܫڼ‬￦
ￔ©¸￦­²¸©¶©·¸￦©¼´©²·©Οￖ̲ￒ￦ ‫ںڵ‬Ζ‫ڴڴڴ‬￦
￦

ￌ¥­¶￦º¥°¹©￦³ª￦´°¥²￦¥··©¸·Ζ￦ￊ©§Κ￦‫ڵڷ‬￦ ‫ڵ‬Ζ‫ڴڽں‬Ζ‫ڴڴڴ‬
ￊ©ª­²©¨￦¦©²©ª­¸￦³¦°­«¥¸­³²Ζ￦ￊ©§Κ￦‫ڵڷ‬￦ ‫ڵ‬Ζ‫ںڽڽ‬Ζ‫ڴڴڴ‬￦
ￔ￈ￒ￦³¶￦¨©ª­§­¸￦ Ϯ‫ںڴڷ‬Ζ‫ڴڴڴ‬ϯ￦
￦
Question No. 5
ￏ²¸©¶©·¸￦­²§³±©￦³²￦ￌￜￖￇ￦ ‫ڴڼ‬Ζ‫ڴڴڴ‬￦
ￇ§¸¹¥°￦¶©¸¹¶²￦³²￦´°¥²￦¥··©¸· ‫ڴڸڷ‬Ζ‫ڴڴڴ‬
￘©±©¥·¹¶©±©²¸￦«¥­²￦³² ´°¥²￦¥··©¸·￦ Ϯ‫ڴںڶ‬Ζ‫ڴڴڴ‬ϯ
ￏ²§¶©¥·©￦ ­²￦ ￊ￈ￕΟ¥§¸¹¥¶­¥°￦ °³··Ο§¬¥²«©￦ ­²￦ ¥§¸¹¥¶­¥°￦
¥··¹±´¸­³²￦ ‫ڴڹ‬Ζ‫ڴڴڴ‬￦
ￊ©§¶©¥·©￦­²￦ￊ￈ￕΟ¥§¸¹¥¶­¥°￦«¥­²￦§¬¥²«©￦­²￦¥§¸¹¥¶­¥°￦
¥··¹±´¸­³²￦ Ο￦
￘©±©¥·¹¶©±©²¸￦ °³··￦ Ϯ³¶￦ «¥­²ϯ￦ ³²￦ ¸¬©￦ §¬¥²«©￦ ­²￦
ￋￇ￉Οￕ￉ￏ￦ Ο￦
ￔ©¸￦¶©±©¥·¹¶©±©²¸￦«¥­²￦ ￦ￕ￉ￏ￦ (D)￦ Ϯ‫ڴڵڶ‬Ζ‫ڴڴڴ‬ϯ
￦

319
Chapter 30 Employee Benefits

ￋ±´°³½©©￦¦©²©ª­¸￦©¼´©²·©￦ ‫ںڵڽ‬Ζ‫ڴڴڴ‬￦
ￔ©¸￦¶©±©¥·¹¶©±©²¸￦°³··Οￕ￉ￏ￦ Ο
ￔ©¸￦¦©²©ª­¸￦¥··©¸￦ Ο￦
￦￉¥·¬￦ ‫ڴڴں‬Ζ‫ڴڴڴ‬￦
￦ￔ©¸￦¶©±©¥·¹¶©±©²¸￦«¥­²Οￕ￉ￏ ‫ڴڵڶ‬Ζ‫ڴڴڴ‬￦
￦ￔ©¸￦¦©²©ª­¸￦°­¥¦­°­¸½￦ ‫ںڴڵ‬Ζ‫ڴڴڴ‬￦
￦
SUMMARY OF ANSWERS:
1. A 2. A 3. B 4. 5. D
￦

320
CHAPTER 32

CHAPTER 31:
￦
PROBLEM 32-1
￦

Question No. 1 (A)

ￇ¹¸¬³¶­¾©¨￦³¶¨­²¥¶½￦·¬¥¶©·￦¥¸￦ￖ‫ڴڵ‬￦·¸¥¸©¨￦º¥°¹©￦￦ ‫ڵ‬Ζ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦ￛ²­··¹©¨￦³¶¨­²¥¶½￦·¬¥¶©·￦￦ ‫ڴڹں‬Ζ‫ڴڴڴ‬￦
ￕ¶¨­²¥¶½￦￙¬¥¶©·￦­··¹©¨￦ ‫ڴڹڹ‬Ζ‫ڴڴڴ‬￦

Question No. 2 (B)
ￇ¹¸¬³¶­¾©¨￦´¶©ª©¶©²§©￦·¬¥¶©·￦¥¸￦ￖ‫ڴڹ‬￦´¥¶￦º¥°¹©￦￦ ‫ڴڴڼ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦ￛ²­··¹©¨￦´¶©ª©¶©²§©￦·¬¥¶©·￦￦ ‫ڴڹڵ‬Ζ‫ڴڴڴ‬￦
ￖ¶©ª©¶©²§©￦￙¬¥¶©·￦­··¹©¨￦ ‫ڴڹں‬Ζ‫ڴڴڴ‬￦

Question No. 3 (D)
￙¬¥¶©￦￦ￖ¶©±­¹±￦³²￦³¶¨­²¥¶½￦·¬¥¶©·￦ ‫ڴڴڷ‬Ζ‫ڴڴڴ‬￦
￙¬¥¶©￦ￖ¶©±­¹±￦§³²º©¶·­³²￦³´¸­³²Ο¦³²¨·￦´¥½¥¦°©￦ ‫ڴڸ‬Ζ‫ڴڴڴ‬￦
￙¬¥¶©￦´¶©±­¹±￦³²￦´¶©ª©¶©²§©￦·¬¥¶©·￦ ‫ڴڹڵ‬Ζ‫ڴڴڴ‬￦
ￍ¥­²￦³²￦·¥°©￦³ª￦¸¶©¥·¹¶½￦·¬¥¶©·￦￦ ‫ڴں‬Ζ‫ڴڴڴ‬￦
ￕ¶¨­²¥¶½￦·¬¥¶©￦»¥¶¶¥²¸·￦³¹¸·¸¥²¨­²«￦￦ ‫ڹڷ‬Ζ‫ڴڴڴ‬￦
ￊ³²¥¸©¨￦§¥´­¸¥°￦ ‫ڴڸ‬Ζ‫ڴڴڴ‬￦
ￕ¶¨­²¥¶½￦·¬¥¶©·￦³´¸­³²·￦³¹¸·¸¥²¨­²«￦ ‫ڹڶ‬Ζ‫ڴڴڴ‬￦
ￚ³¸¥°￦￙¬¥¶©￦ￖ¶©±­¹±￦ ‫ڴڹں‬Ζ‫ڴڴڴ‬￦

Question No. 4 (D)
ￕ¶¨­²¥¶½￦￙¬¥¶©·￦­··¹©¨￦ ‫ڴڹڹ‬Ζ‫ڴڴڴ‬￦
ￖ¶©ª©¶©²§©￦￙¬¥¶©·￦­··¹©¨￦ ‫ڴڹں‬Ζ‫ڴڴڴ‬￦
￙¹¦·§¶­¦©¨￦ￕ¶¨­²¥¶½￦·¬¥¶©· ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦
￙¹¦·§¶­´¸­³²￦¶©§©­º¥¦°©￦ ￦³¶¨­²¥¶½￦·¬¥¶©·￦ Ϯ‫ڴڶ‬Ζ‫ڴڴڴ‬ϯ￦
￙¹¦·§¶­¦©¨￦ￖ¶©ª©¶©²§©￦·¬¥¶©·￦ ‫ڴڹ‬Ζ‫ڴڴڴ‬￦
￙¹¦·§¶­´¸­³²￦¶©§©­º¥¦°©￦ ￦´¶©ª©¶©²§©￦￦ Ϯ‫ڹڵ‬Ζ‫ڴڴڴ‬ϯ￦
ￚ³¸¥°￦￙¬¥¶©￦ￖ¶©±­¹±￦ ‫ڴڹں‬Ζ‫ڴڴڴ‬￦
￉³²¸¶­¦¹¸©¨￦￉¥´­¸¥°￦ ‫ڶ‬Ζ‫ڹڻڴ‬Ζ‫ڴڴڴ‬￦

Question No. 5 (C)
ￖ¶©ª©¶©²§©￦￙¬¥¶©·￦­··¹©¨￦ ‫ڴڹں‬Ζ‫ڴڴڴ‬￦
￙¹¦·§¶­¦©¨￦ￖ¶©ª©¶©²§©￦·¬¥¶©·￦ ‫ڴں‬Ζ‫ڴڴڴ‬￦
ￕ¶¨­²¥¶½￦￙¬¥¶©·￦­··¹©¨￦ ‫ڴڹڹ‬Ζ‫ڴڴڴ‬￦
￙¹¦·§¶­¦©¨￦ￕ¶¨­²¥¶½￦·¬¥¶©·￦ ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦
￙¬¥¶©￦ￖ¶©±­¹±￦³²￦³¶¨­²¥¶½￦·¬¥¶©·￦ ‫ڴڴڷ‬Ζ‫ڴڴڴ‬￦
ￚ³¸¥°￦ￒ©«¥°￦￉¥´­¸¥°￦ ‫ڵ‬Ζ‫ڴںڻ‬Ζ‫ڴڴڴ‬￦

321
CHAPTER 32

Question No. 6 (D)

￉³²¸¶­¦¹¸©¨￦￉¥´­¸¥°￦ ‫ڶ‬Ζ‫ڹڻڴ‬Ζ‫ڴڴڴ‬￦
ￇ§§¹±¹°¥¸©¨￦´¶³ª­¸·￦ ￦¹²¥´´¶³´¶­¥¸©¨￦ ‫ڴڴڹ‬Ζ‫ڴڴڴ‬￦
ￛ²¶©¥°­¾©¨￦­²§¶©¥·©￦­²￦º¥°¹©￦³ª￦ￌￜￚￕ￉ￏ￦·©§¹¶­¸­©·￦ ‫ڴڵ‬Ζ‫ڴڴڴ‬￦
￘©·©¶º©￦ª³¶￦¦³²¨￦·­²¯­²«￦ª¹²¨￦ ‫ڴڶڷ‬Ζ‫ڴڴڴ‬￦
￘©º¥°¹¥¸­³²￦·¹¶´°¹·￦ ‫ڴڷڵ‬Ζ‫ڴڴڴ‬￦
ￚ³¸¥°￦￙¬¥¶©¬³°¨©¶·‫ك‬￦ￋµ¹­¸½￦ ‫ڷ‬Ζ‫ڹڷڴ‬Ζ‫ڴڴڴ‬￦

SUMMARY OF ANSWERS:
1. A 2. B 3. D 4. D 5. C 6. D
￦
￦
PROBLEM 32-2
￦

‫ڵ‬Κ￦ ￉¥·¬￦Ϯ‫ڶ‬Ζ‫ڴڴڹ‬￦¼￦ￖ‫ڴڶ‬ϯ￦￦ ‫ڴڹ‬Ζ‫ڴڴڴ‬￦ ￦

￦ ￦￦￦￦￙¬¥¶©￦§¥´­¸¥°￦ ￦ ‫ڴڹ‬Ζ‫ڴڴڴ‬￦
To record share issuance at a premium
￦ ￦ ￦ ￦

‫ڶ‬Κ￦ ￉¥·¬￦Ϯ‫ڸ‬Ζ‫ڴڴڴ‬￦¼￦ￖ‫ڹڶ‬ϯ￦ ‫ڴڴڵ‬Ζ‫ڴڴڴ‬￦ ￦

￦ ￦￦￦￦￙¬¥¶©￦§¥´­¸¥°￦Ϯ‫ڸ‬Ζ‫ڴڴڴ‬￦¼￦ￖ‫ڴڶ‬ϯ￦ ￦ ‫ڴڼ‬Ζ‫ڴڴڴ‬￦
￦ ￦￦￦￦￙¬¥¶©￦´¶©±­¹±￦ ￦ ‫ڴڶ‬Ζ‫ڴڴڴ‬￦
To record share issuance at a premium
￦ ￦ ￦ ￦

￦ ￙¬¥¶©￦´¶©±­¹± ‫ڴڶ‬Ζ‫ڴڴڴ‬￦ ￦
￦ ￘©¸¥­²©¨￦©¥¶²­²«·￦ ‫ڴڸ‬Ζ‫ڴڴڴ‬￦ ￦
￦ ￦￦￦￦￉¥·¬￦ ￦ ‫ڴں‬Ζ‫ڴڴڴ‬￦
To record payment of share issue cost
￦ ￦ ￦ ￦

‫ڷ‬Κ￦ ￉¥·¬￦Ϯ‫ڷ‬Ζ‫ڴڴڴ‬￦¼￦ￖ‫ڹڵ‬ϯ￦ ‫ڹڸ‬Ζ‫ڴڴڴ‬￦ ￦

￦ ￊ­·§³¹²¸￦³²￦·¬¥¶©￦§¥´­¸¥°￦ ‫ڹڵ‬Ζ‫ڴڴڴ‬￦ ￦
￦ ￦￦￦￦￙¬¥¶©￦§¥´­¸¥°￦Ϯ‫ڷ‬Ζ‫ڴڴڴ‬￦¼￦ￖ‫ڴڶ‬ϯ￦ ￦ ‫ڴں‬Ζ‫ڴڴڴ‬￦
To record share issuance at a discount
￦
￦
PROBLEM 32-3
￦

‫ڵ‬Κ￦ ￓ¥§¬­²©¶½￦￦ ‫ڴڸڵ‬Ζ‫ڴڴڴ‬￦ ￦

￦ ￦￦￦￦￙¬¥¶©￦§¥´­¸¥°￦Ϯ‫ڶ‬Ζ‫ڴڴڴ‬￦¼￦ￖ‫ڴڶ‬ϯ ￦ ‫ڴڸ‬Ζ‫ڴڴڴ‬￦
￦ ￦￦￦￦￙¬¥¶©￦´¶©±­¹±￦ ￦ ‫ڴڴڵ‬Ζ‫ڴڴڴ‬￦
To record share issuance for machinery
￦ ￦ ￦ ￦

‫ڶ‬Κ￦ ￖ¥¸©²¸￦Ϯ‫ڵ‬Ζ‫ڴڴڴ‬￦¼￦ￖ‫ڹڶ‬ϯ ‫ڹڶ‬Ζ‫ڴڴڴ‬￦ ￦

￦ ￦￦￦￦￙¬¥¶©￦§¥´­¸¥°￦Ϯ‫ڵ‬Ζ‫ڴڴڴ‬￦¼￦‫ڴڶ‬ϯ￦ ￦ ‫ڴڶ‬Ζ‫ڴڴڴ‬￦
￦ ￦￦￦￦￙¬¥¶©￦´¶©±­¹±￦ ￦ ‫ڹ‬Ζ‫ڴڴڴ‬￦
To record share issuance for patent
￦ ￦ ￦ ￦

‫ڷ‬Κ￦ ￕ¶«¥²­¾¥¸­³²￦©¼´©²·© ‫ڴں‬Ζ‫ڴڴڴ‬￦ ￦

￦ ￦￦￦￦￙¬¥¶©￦§¥´­¸¥°￦Ϯ‫ڴڴڸ‬￦¼￦ￖ‫ڴڶ‬ϯ￦ ￦ ‫ڼ‬Ζ‫ڴڴڴ‬￦
￦ ￦￦￦￦￙¬¥¶©￦´¶©±­¹±￦ ￦ ‫ڶڹ‬Ζ‫ڴڴڴ‬￦
To record share issuance for organization services.
￦
322
CHAPTER 32

PROBLEM 32-4
￦

ￒ³¥²·￦´¥½¥¦°©￦ ¦¥²¯ ‫ڴڴڷ‬Ζ‫ڴڴڴ‬￦ ￦

ￒ³··￦³²￦·©¸¸°©±©²¸￦³²￦°­¥¦­°­¸½￦ ‫ڴڹڵ‬Ζ‫ڴڴڴ‬￦ ￦
￦￦￦￦ￕ¶¨­²¥¶½￦￙¬¥¶©￦§¥´­¸¥°￦ ￦ ‫ڴں‬Ζ‫ڴڴڴ‬￦
￦￦￦￦￙¬¥¶©￦´¶©±­¹±ЄЄ ‫ڴڽڷ‬Ζ‫ڴڴڴ‬￦
￦ ￦ ￦
To record issuance of shares for liability
￦

Є￉³±´¹¸¥¸­³²￦³ª￦°³··￦³²￦©¼¸­²«¹­·¬±©²¸￦³ª￦°­¥¦­°­¸½￦
ￌ¥­¶￦º¥°¹©￦³ª￦©µ¹­¸½￦­²·¸¶¹±©²¸·￦­··¹©¨￦Ϯ³¶￦­ª￦²³¸￦¶©°­¥¦°½￦ ‫ڴڹڸ‬Ζ‫ڴڴڴ‬￦
¨©¸©¶±­²¥¦°©Ζ￦¹·©￦¸¬©￦ª¥­¶￦º¥°¹©￦³ª￦°­¥¦­°­¸½ϯ￦Ϯ‫ڷ‬Ζ‫ڴڴڴ‬￦¼￦ￖ‫ڴڹڵ‬ϯ￦
ￒ©··Ό￦￉¥¶¶½­²«￦¥±³¹²¸￦³ª￦°­¥¦­°­¸½￦ ‫ڴڴڷ‬Ζ‫ڴڴڴ‬￦
ￍ¥­²￦³²￦·©¸¸°©±©²¸￦³ª￦°­¥¦­°­¸½￦ ‫ڴڹڵ‬Ζ‫ڴڴڴ‬￦
￦

ЄЄ￉³±´¹¸¥¸­³²￦³ª￦­²§¶©¥·©￦­²￦·¬¥¶©￦´¶©±­¹±￦
ￌ¥­¶￦º¥°¹©￦³ª￦©µ¹­¸½￦­²·¸¶¹±©²¸·￦­··¹©¨￦Ϯ³¶￦­ª￦²³¸￦¶©°­¥¦°½￦ ‫ڴڹڸ‬Ζ‫ڴڴڴ‬￦
¨©¸©¶±­²¥¦°©Ζ￦¹·©￦¸¬©￦ª¥­¶￦º¥°¹©￦³ª￦°­¥¦­°­¸½ϯ￦Ϯ‫ڷ‬Ζ‫ڴڴڴ‬￦¼￦ￖ‫ڴڹڵ‬ϯ￦
ￒ©··Ό￦ￚ³¸¥°￦´¥¶￦³¶￦·¸¥¸©¨￦º¥°¹©￦³ª￦©µ¹­¸½￦­··¹©¨￦Ϯ‫ڷ‬Ζ‫ڴڴڴ‬￦¼￦ￖ‫ڴڶ‬ϯ￦ ‫ڴں‬Ζ‫ڴڴڴ‬￦
￙¬¥¶©￦´¶©±­¹±￦Ϯ³¶￦ￊ­·§³¹²¸ϯ￦ ‫ڴڽڷ‬Ζ‫ڴڴڴ‬￦


PROBLEM 32-5
￦

‫ڵ‬Κ￦ ￉¥·¬￦Ϯ‫ڸ‬Ζ‫ڴڴڴ‬￦¼￦ￖ‫ڴڶڶ‬ϯ ‫ڴڼڼ‬Ζ‫ڴڴڴ‬ ￦

￦ ￦￦￦￦ￖ¶©ª©¶©²§©￦·¬¥¶©·￦Ϯ‫ڸ‬Ζ‫ڴڴڴ‬￦¼￦ￖ‫ڴڴڶ‬ϯ￦ ￦ ‫ڴڴڼ‬Ζ‫ڴڴڴ‬￦
￦ ￦￦￦￦￙¬¥¶©￦´¶©±­¹±Ο´¶©ªΚ￦·¬¥¶©￦ ￦ ‫ڴڼ‬Ζ‫ڴڴڴ‬￦
To record issuance of preference shares
￦ ￦ ￦ ￦

‫ڶ‬Κ￦ ￉¥·¬￦Ϯ‫ڵ‬Ζ‫ڴڴڴ‬￦¼￦ￖ‫ڴڶڵ‬ϯ￦ ‫ڴڶڵ‬Ζ‫ڴڴڴ‬￦ ￦

￦ ￦￦￦￦ￕ¶¨­²¥¶½￦·¬¥¶©·￦Ϯ‫ڵ‬Ζ‫ڴڴڴ‬￦¼￦ￖ‫ڴڹ‬ϯ￦ ￦ ‫ڴڹ‬Ζ‫ڴڴڴ‬￦
￦ ￦￦￦￦￙¬¥¶©￦´¶©±­¹±￦Ο￦³¶¨­²¥¶½￦·¬¥¶©·￦ ￦ ‫ڴڻ‬Ζ‫ڴڴڴ‬￦
To record issuance of ordinary shares
￦
￦
PROBLEM 32-6
￦

Allocation of the lump-sum Total Fair Allocated

price: value Fraction proceeds
ￖ¶©ª©¶©²§©￦·¬¥¶©·￦Ϯ‫ڸ‬Ζ‫ڴڴڴ‬￦¼￦ ‫ڴڼڼ‬Ζ‫ڴڴڴ‬￦ ‫ڼڼ‬ϑ‫ڴڴڵ‬￦ ‫ڵ‬Ζ‫ںڹڴ‬Ζ‫ڴڴڴ‬￦
ￖ‫ڴڶڶ‬ϯ￦
ￕ¶¨­²¥¶½￦·¬¥¶©·￦Ϯ‫ڵ‬Ζ‫ڴڴڴ‬￦¼￦ￖ‫ڴڶڵ‬ϯ￦ ‫ڴڶڵ‬Ζ‫ڴڴڴ‬￦ ‫ڶڵ‬ϑ‫ڴڴڵ‬￦ ￦￦￦‫ڸڸڵ‬Ζ‫ڴڴڴ‬￦
ￚ³¸¥°￦ ‫ڵ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦ ￦ ‫ڵ‬Ζ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦
￦

ￚ¬©￦¸¶¥²·¥§¸­³²￦»­°°￦¸¬©²￦¦©￦¶©§³¶¨©¨￦¥·￦ª³°°³»·Ό
￉¥·¬￦￦ ‫ڴڴڽ‬Ζ‫ڴڴڴ‬￦ ￦
￦￦￦￦ￖ¶©ª©¶©²§©￦·¬¥¶©·￦Ϯ‫ڸ‬Ζ‫ڴڴڴ‬￦¼￦ￖ‫ڴڴڶ‬ϯ￦ ￦ ‫ڴڴڼ‬Ζ‫ڴڴڴ‬￦
￦￦￦￦￙¬¥¶©￦´¶©±­¹±Ο´¶©ª©¶©²§©￦·¬¥¶©￦Ϯ‫ڵ‬Ζ‫ںڹڴ‬Ζ‫ڴڴڴ‬Ο‫ڴڴڼ‬Ζ‫ڴڴڴ‬ϯ￦￦ ‫ںڹڶ‬Ζ‫ڴڴڴ‬
￦￦￦￦ￕ¶¨­²¥¶½￦·¬¥¶©·￦Ϯ‫ڵ‬Ζ‫ڴڴڴ‬￦¼￦‫ڴڴڵ‬ϯ￦ ￦ ‫ڴڴڵ‬Ζ‫ڴڴڴ‬￦
￦￦￦￦￙¬¥¶©￦´¶©±­¹±￦Ο￦³¶¨­²¥¶½￦·¬¥¶©￦Ϯ‫ڸڸڵ‬Ζ‫ڴڴڴ‬Ο‫ڴڴڵ‬Ζ‫ڴڴڴ‬ϯ￦￦ ‫ڸڸ‬Ζ‫ڴڴڴ‬￦

323
CHAPTER 32

PROBLEM 32-7￦
￦

ￇ°°³§¥¸­³²￦³ª￦¸¬©￦°¹±´Ο·¹±￦´¶­§©Ό￦
ￚ³¸¥°￦´¶³§©©¨·￦ ‫ڵ‬Ζ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦ￚ³¸¥°￦ª¥­¶￦º¥°¹©￦³ª￦´¶©ª©¶©²§©￦·¬¥¶©·￦Ϯ‫ڸ‬Ζ‫ڴڴڴ‬￦¼￦ￖ‫ڴڶڶ‬ϯ￦ ￦￦￦￦‫ڴڼڼ‬Ζ‫ڴڴڴ‬￦
ￇ±³¹²¸￦¥°°³§¥¸©¨￦¸³￦¸¬©￦³¶¨­²¥¶½￦·¬¥¶©·￦ ￦￦￦￦‫ڴڶڷ‬Ζ‫ڴڴڴ‬￦
￦

ￚ¬©￦¸¶¥²·¥§¸­³²￦»­°°￦¸¬©²￦¦©￦¶©§³¶¨©¨￦¥·￦ª³°°³»·Ό
￉¥·¬￦￦ ‫ڵ‬Ζ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦ ￦
￦￦￦￦ￖ¶©ª©¶©²§©￦·¬¥¶©·￦Ϯ‫ڸ‬Ζ‫ڴڴڴ‬￦¼￦ￖ‫ڴڴڶ‬ϯ￦ ￦ ‫ڴڴڼ‬Ζ‫ڴڴڴ‬￦
￦￦￦￦￙¬¥¶©￦´¶©±­¹±Ο´¶©ª©¶©²§©￦·¬¥¶©￦Ϯ‫ڴڼڼ‬Ζ‫ڴڴڴ‬Ο‫ڴڴڼ‬Ζ‫ڴڴڴ‬ϯ￦ ‫ڴڼ‬Ζ‫ڴڴڴ‬￦
￦￦￦￦ￕ¶¨­²¥¶½￦·¬¥¶©·￦Ϯ‫ڵ‬Ζ‫ڴڴڴ‬￦¼￦‫ڴڴڵ‬ϯ￦ ￦ ‫ڴڴڵ‬Ζ‫ڴڴڴ‬￦
￦￦￦￦￙¬¥¶©￦´¶©±­¹±Ο³¶¨­²¥¶½￦·¬¥¶©￦Ϯ‫ڴڶڷ‬Ζ‫ڴڴڴ‬Ο‫ڴڴڵ‬Ζ‫ڴڴڴ‬ϯ￦￦ ￦ ‫ڴڶڶ‬Ζ‫ڴڴڴ‬￦
To record issuance of preference and ordinary shares
￦

PROBLEM 32-8￦
￦

‫ڵ‬Κ￦ ￙¹¦·§¶­´¸­³²￦¶©§©­º¥¦°©￦Ϯ‫ڻ‬Ζ‫ڴڴڹ‬￦¼￦ￖ‫ڴڻ‬ϯ￦￦ ‫ڹڶڹ‬Ζ‫ڴڴڴ‬￦ ￦

￦ ￦￦￦￦￙¹¦·§¶­¦©¨￦·¬¥¶©￦§¥´­¸¥°￦Ϯ‫ڻ‬Ζ‫ڴڴڹ‬￦¼￦ￖ‫ڴڹ‬ϯ￦ ￦ ‫ڹڻڷ‬Ζ‫ڴڴڴ‬￦
￦ ￦￦￦￦￙¬¥¶©￦´¶©±­¹±￦ ￦ ‫ڴڹڵ‬Ζ‫ڴڴڴ‬￦
To record subscriptions of share capital
￦ ￦ ￦ ￦

‫ڶ‬Κ￦ ￉¥·¬￦Ϯ‫ڹڶڹ‬Ζ‫ڴڴڴ‬￦¼￦‫ܫڴڷ‬ϯ￦ ‫ڻڹڵ‬Ζ‫ڴڴڹ‬￦ ￦

￦ ￦￦￦￦￙¹¦·§¶­´¸­³²￦¶©§©­º¥¦°© ￦ ‫ڻڹڵ‬Ζ‫ڴڴڹ‬￦
To record cash collection
￦ ￦ ￦ ￦

‫ڷ‬Κ￦ ￉¥·¬￦Ϯ‫ڹڶڹ‬Ζ‫ڴڴڴ‬￦¼￦‫ܫڴڻ‬ϯ￦ ‫ڻںڷ‬Ζ‫ڴڴڹ‬￦ ￦

￦ ￦￦￦￦￙¹¦·§¶­´¸­³²￦¶©§©­º¥¦°© ￦ ‫ڻںڷ‬Ζ‫ڴڴڹ‬
To record cash collection
￦ ￦ ￦ ￦

￦ ￙¹¦·§¶­¦©¨￦·¬¥¶©￦§¥´­¸¥°￦ ‫ڹڻڷ‬Ζ‫ڴڴڴ‬￦ ￦
￦ ￦￦￦￙¬¥¶©￦￉¥´­¸¥°￦Ϯ‫ڻ‬Ζ‫ڴڴڹ‬￦¼￦ￖ‫ڴڹ‬ϯ ￦ ‫ڹڻڷ‬Ζ‫ڴڴڴ‬￦
To record issuance of share certificate
￦

PROBLEM 32-9￦
￦

‫ڵ‬Κ￦ ￙¹¦·§¶­´¸­³²￦¶©§©­º¥¦°©￦Ϯ‫ڻ‬Ζ‫ڴڴڹ‬￦¼￦ￖ‫ڴڻ‬ϯ￦￦ ‫ڹڶڹ‬Ζ‫ڴڴڴ‬￦ ￦

￦ ￦￦￦￦￙¹¦·§¶­¦©¨￦·¬¥¶©￦§¥´­¸¥°￦Ϯ‫ڻ‬Ζ‫ڴڴڹ‬￦¼￦ￖ‫ڴڹ‬ϯ￦ ￦ ‫ڹڻڷ‬Ζ‫ڴڴڴ‬￦
￦ ￦￦￦￦￙¬¥¶©￦´¶©±­¹±￦ ￦ ‫ڴڹڵ‬Ζ‫ڴڴڴ‬￦
To record subscriptions of share capital
￦

‫ڶ‬Κ￦ ￉¥·¬￦Ϯ‫ڹڶڹ‬Ζ‫ڴڴڴ‬￦¼￦‫ܫڴڷ‬ϯ￦ ‫ڻڹڵ‬Ζ‫ڴڴڹ‬￦ ￦

￦ ￦￦￦￦￙¹¦·§¶­´¸­³²￦¶©§©­º¥¦°©￦ ￦ ‫ڻڹڵ‬Ζ‫ڴڴڹ‬￦
To record cash collection
￦ ￦ ￦ ￦

‫ڷ‬Κ￦ ￙¹¦·§¶­¦©¨￦³¶¨­²¥¶½￦·¬¥¶©·￦ ‫ڹڻڷ‬Ζ‫ڴڴڴ‬￦ ￦

￦ ￙¬¥¶©￦´¶©±­¹±Ο³¶¨­²¥¶½￦·¬¥¶©￦￦ ‫ڴڹڵ‬Ζ‫ڴڴڴ‬￦ ￦
￦ ￦￦￦￦￙¹¦·§¶­´¸­³²·￦¶©§©­º¥¦°©￦Ϯ‫ڹڶڹ‬Ζ‫ڴڴڴ‬￦¼￦‫ܫڴڻ‬ϯ ￦ ‫ڻںڷ‬Ζ‫ڴڴڹ‬￦
￦ ￦￦￦￦￙¬¥¶©￦´¶©±­¹±￦ª³¶ª©­¸©¨￦¨³»²Ο´¥½±©²¸￦ ￦ ‫ڻڹڵ‬Ζ‫ڴڴڹ‬￦
324
CHAPTER 32

PROBLEM 32-10
Journal entries to record the transactions would be:
‫ڵ‬Κ￦ ￙¹¦·§¶­´¸­³²￦¶©§©­º¥¦°©￦Ϯ‫ڻ‬Ζ‫ڴڴڹ‬￦¼￦ￖ‫ڴڻ‬ϯ￦￦ ‫ڹڶڹ‬Ζ‫ڴڴڴ‬￦ ￦
￦ ￦￦￦￦￙¹¦·§¶­¦©¨￦·¬¥¶©￦§¥´­¸¥°￦Ϯ‫ڻ‬Ζ‫ڴڴڹ‬￦¼￦ￖ‫ڴڹ‬ϯ￦ ￦ ‫ڹڻڷ‬Ζ‫ڴڴڴ‬￦
￦ ￦￦￦￦￙¬¥¶©￦´¶©±­¹±￦ ￦ ‫ڴڹڵ‬Ζ‫ڴڴڴ‬￦
To record subscriptions of share capital
￦ ￦ ￦

‫ڶ‬Κ￦ ￉¥·¬￦Ϯ‫ڹڶڹ‬Ζ‫ڴڴڴ‬￦¼￦‫ܫڴڷ‬ϯ￦ ‫ڻڹڵ‬Ζ‫ڴڴڹ‬￦ ￦

￦ ￦￦￦￦￙¹¦·§¶­´¸­³²￦¶©§©­º¥¦°© ￦ ‫ڻڹڵ‬Ζ‫ڴڴڹ‬￦
To record cash collection
￦

ￚ³￦¶©§³¶¨￦¸¬©￦©¼´©²·©·￦­²§¹¶¶©¨￦¶©°¥¸©¨￦¸³￦¸¬©￦¥¹§¸­³²￦
￦ ￘©§©­º¥¦°©￦ª¶³±￦¬­«¬©·¸￦¦­¨¨©¶￦ ￖ￦ ‫ڹڵ‬Ζ‫ڴڴڴ‬￦
￦ ￦ ￉¥·¬￦ ￖ￦ ‫ڹڵ‬Ζ‫ڴڴڴ‬￦
￦

ￚ³￦¶©§³¶¨￦¸¬©￦§³°°©§¸­³²￦ª¶³±￦¬­«¬©·¸￦¦­¨¨©¶￦
￦ ￉¥·¬￦ ￦ ‫ڶڼڷ‬Ζ‫ڴڴڹ‬￦
￦ ￦ ￙¹¦·§¶­´¸­³²￦¶©§©­º¥¦°©￦ ￦ ‫ڻںڷ‬Ζ‫ڴڴڹ‬￦
￦ ￦ ￘©§©­º¥¦°©￦ª¶³±￦¬­«¬©·¸￦¦­¨¨©¶￦ ￦ ‫ڹڵ‬Ζ‫ڴڴڴ‬￦
￦

ￚ³￦¶©§³¶¨￦¸¬©￦­··¹¥²§©￦³ª￦·¬¥¶©￦§¥´­¸¥°￦
￦ ￙¹¦·§¶­¦©¨￦·¬¥¶©￦§¥´­¸¥°￦Ϯ‫ڻ‬Ζ‫ڴڴڹ‬￦¼￦ￖ‫ڴڹ‬ϯ￦ ￦ ‫ڹڻڷ‬Ζ‫ڴڴڴ‬￦
￦ ￦ ￙¬¥¶©￦§¥´­¸¥°￦ ￦ ‫ڹڻڷ‬Ζ‫ڴڴڴ‬￦
￦
￦
PROBLEM 32-11
‫ڵ‬Κ￦ ￙¹¦·§¶­´¸­³²￦¶©§©­º¥¦°©￦Ϯ‫ڻ‬Ζ‫ڴڴڹ‬￦¼￦ￖ‫ڴڻ‬ϯ￦￦ ‫ڹڶڹ‬Ζ‫ڴڴڴ‬￦ ￦
￦ ￦￦￦￦￙¹¦·§¶­¦©¨￦·¬¥¶©￦§¥´­¸¥°￦Ϯ‫ڻ‬Ζ‫ڴڴڹ‬￦¼￦ￖ‫ڴڹ‬ϯ￦ ￦ ‫ڹڻڷ‬Ζ‫ڴڴڴ‬￦
￦ ￦￦￦￦￙¬¥¶©￦´¶©±­¹±￦ ￦ ‫ڴڹڵ‬Ζ‫ڴڴڴ‬￦
To record subscriptions of share capital
￦

‫ڶ‬Κ￦ ￉¥·¬￦Ϯ‫ڹڶڹ‬Ζ‫ڴڴڴ‬￦¼￦‫ܫڴڷ‬ϯ￦ ‫ڻڹڵ‬Ζ‫ڴڴڹ‬￦ ￦

￦ ￦￦￦￦￙¹¦·§¶­´¸­³²￦¶©§©­º¥¦°©￦ ￦ ‫ڻڹڵ‬Ζ‫ڴڴڹ‬￦
To record cash collection
￦

￦ ￚ³￦¶©§³¶¨￦¸¬©￦©¼´©²·©·￦­²§¹¶¶©¨￦¶©°¥¸©¨￦¸³￦¸¬©￦¥¹§¸­³²￦
￦ ￘©§©­º¥¦°©￦ª¶³±￦¬­«¬©·¸￦¦­¨¨©¶￦ ￖ￦ ‫ڹڵ‬Ζ‫ڴڴڴ‬￦
￦ ￦ ￉¥·¬￦ ￖ￦ ‫ڹڵ‬Ζ‫ڴڴڴ‬￦
￦

￦ ￦
￦ ￚ¶©¥·¹¶½￦·¬¥¶©·￦ ￦ ‫ڶڼڷ‬Ζ‫ڴڴڹ‬￦
￦ ￦ ￙¹¦·§¶­´¸­³²￦¶©§©­º¥¦°©￦ ￦ ‫ڻںڷ‬Ζ‫ڴڴڹ‬￦
￦ ￦ ￘©§©­º¥¦°©￦ª¶³±￦¬­«¬©·¸￦¦­¨¨©¶￦ ￦ ‫ڹڵ‬Ζ‫ڴڴڴ‬￦
￦

ￚ³￦¶©§³¶¨￦¸¬©￦­··¹¥²§©￦³ª￦·¬¥¶©￦§¥´­¸¥°￦
￦ ￙¹¦·§¶­¦©¨￦·¬¥¶©￦§¥´­¸¥°￦Ϯ‫ڻ‬Ζ‫ڴڴڹ‬￦¼￦ￖ‫ڴڹ‬ϯ￦ ‫ڹڻڷ‬Ζ‫ڴڴڴ‬￦
￦ ￦ ￙¬¥¶©￦§¥´­¸¥°￦ ￦ ‫ڹڻڷ‬Ζ‫ڴڴڴ‬￦

325
‫‪CHAPTER 32‬‬

‫‪PROBLEM 32-12￦‬‬
‫‪￦‬‬

‫‪ϯ‬ڹڶ‪￦¼￦‬ڴڴڴ‪Ζ‬ڹ‪ϯ￦ ￚ¶©¥·¹¶½￦·¬¥¶©·￦Ϯ‬ڵ‬ ‫ڴڴڴ‪Ζ‬ڹڶڵ‬ ‫‪￦‬‬

‫‪￦‬‬ ‫‪￦￦￉¥·¬￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڹڶڵ ‪￦‬‬
‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬

‫‪ϯ‬ڴڷ‪￦¼￦ￖ‬ڴڴڴ‪Ζ‬ڶ‪ϯ￦ ￉¥·¬￦Ϯ‬ڶ‬ ‫ڴڴڴ‪Ζ‬ڴں‬ ‫‪￦‬‬

‫‪￦‬‬ ‫‪ϯ￦‬ڹڶ‪￦¼￦ￖ‬ڴڴڴ‪Ζ‬ڶ‪￦￦￦￦ￚ¶©¥·¹¶½￦·¬¥¶©·￦Ϯ‬‬ ‫‪￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڹ‬
‫‪￦‬‬ ‫‪￦￦￦￦￙¬¥¶©￦´¶©±­¹±Οￚ¶©¥·¹¶½￦·¬¥¶©·￦‬‬ ‫‪￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڵ‬
‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬

‫‪ϯ￦‬ںڵ‪￦¼￦‬ڴڴڴ‪Ζ‬ڵ‪ϯ￦ ￉¥·¬￦Ϯ‬ڷ‬ ‫ڴڴڴ‪Ζ‬ںڵ‬ ‫‪￦‬‬

‫‪￦‬‬ ‫‪￙¬¥¶©￦´¶©±­¹±Οￚ¶©¥·¹¶½￦·¬¥¶©·￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڽ‬ ‫‪￦‬‬
‫‪￦‬‬ ‫‪ϯ￦‬ڹڶ‪￦¼￦‬ڴڴڴ‪Ζ‬ڵ‪￦￦￦￦ￚ¶©¥·¹¶½￦·¬¥¶©·￦Ϯ‬‬ ‫‪￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڹڶ‬
‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬

‫‪ϯ￦‬ڸ‬ ‫‪ￋµ¹­´±©²¸￦‬‬ ‫ڴڴڴ‪Ζ‬ڴڷ‬ ‫‪￦‬‬

‫‪￦‬‬ ‫‪ϯ￦‬ڹڶ‪￦¼￦‬ڴڴڼ‪￦￦￦￦ￚ¶©¥·¹¶½￦·¬¥¶©·￦Ϯ‬‬ ‫‪￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڶ‬
‫‪￦‬‬ ‫‪￦￦￦￦￙¬¥¶©￦´¶©±­¹±Οￚ¶©¥·¹¶½￦·¬¥¶©·￦‬‬ ‫‪￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڵ‬
‫‪ϯ￦‬ڹ‬ ‫‪ϯ‬ڴڶ‪￦¼￦‬ڴڴڶ‪Ζ‬ڵ‪ￕ¶¨­²¥¶½￦·¬¥¶©·￦Ϯ‬‬ ‫ڴڴڴ‪Ζ‬ڸڶ‬ ‫‪￦‬‬
‫‪￦‬‬ ‫‪￦‬ڴڴڶ‪Ζ‬ڵ‪ϯ￦¼￦‬ڴڴڴ‪Ζ‬ڴڸ‪ϑ‬ڴڴڴ‪Ζ‬ڴںڵ‪￙¬¥¶©￦´¶©±­¹±￦Ϯ‬‬ ‫‪￦‬ڴڴڼ‪Ζ‬ڸ‬ ‫‪￦‬‬
‫‪￦‬‬ ‫‪￙¬¥¶©￦´¶©±­¹±Οￚ¶©¥·¹¶½￦·¬¥¶©·￦￦‬‬ ‫‪￦‬ڴڴڶ‪Ζ‬ڵ‬ ‫‪￦‬‬
‫‪￦‬‬ ‫‪ϯ￦‬ڹڶ‪￦¼￦ￖ‬ڴڴڶ‪Ζ‬ڵ‪￦￦￦￦ￚ¶©¥·¹¶½￦·¬¥¶©·￦Ϯ‬‬ ‫‪￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڷ‬
‫‪￦‬‬ ‫‪￦‬‬

‫‪￦·¬¥¶©·￦ª¶³±￦¥￦‬ڴڴڴ‪Ζ‬ڸ‪ϯ￦ ￓ©±³￦©²¸¶½Ό￦￘©§©­º©¨￦‬ں‬
‫‪·¸³§¯¬³°¨©¶￦¥·￦¥￦¨³²¥¸­³²Κ￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬
‫‪￦‬‬ ‫‪ϯ￦‬ڴڸ‪￦¼￦‬ڴڴڴ‪Ζ‬ڶ‪￉¥·¬￦Ϯ‬‬ ‫ڴڴڴ‪Ζ‬ڴڼ‬ ‫‪￦‬‬
‫‪￦‬‬ ‫‪￦￦￦￦ￊ³²¥¸©¨￦§¥´­¸¥°￦‬‬ ‫‪￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڼ‬
‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬

‫‪ϯ￦ ￒ¥²¨￦‬ڻ‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڹڶ‬ ‫‪￦‬‬

‫‪￦‬‬ ‫‪￦￦￦￦ￊ³²¥¸©¨￦§¥´­¸¥°‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڹڶ‬
‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬

‫‪￦‬‬ ‫‪ￊ³²¥¸©¨￦§¥´­¸¥°￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڶ‬ ‫‪￦‬‬

‫‪￦‬‬ ‫‪￦￦￦￦￉¥·¬￦‬‬ ‫‪￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڶ‬
‫ ‬
‫ ‬
‫‪PROBLEM 32-13￦‬‬
‫‪￦‬‬

‫‪ϯ‬ڴڹ‪￦¼￦ￖ‬ڴڴڴ‪Ζ‬ڶ‪¥Κ￦ ￖ¶©ª©¶©²§©￦·¬¥¶©·￦Ϯ‬‬ ‫ڴڴڴ‪Ζ‬ڴڴڵ‬ ‫‪￦‬‬

‫‪￦‬‬ ‫‪￙¬¥¶©￦ￖ¶©±­¹±￦³²￦ￖ¶©ª©¶©²§©￦·¬¥¶©·￦‬‬
‫‪σ￦‬ڴڴڴ‪Ζ‬ڶ‪ϯ￦¼￦‬ڴڴڴ‪Ζ‬ڴڸ‪ϑ‬ڴڴڴ‪Ζ‬ڴڴڶ‪σϮ‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڵ‬ ‫‪￦‬‬
‫‪￦‬‬ ‫‪ￇ§§¹±¹°¥¸©¨￦´¶³ª­¸·￦(balancing figure)￦‬‬ ‫ڴڴڴ‪Ζ‬ڴڷ‬ ‫‪￦‬‬
‫‪￦‬‬ ‫‪ϯ￦‬ڴڻ‪￦¼￦ￖ‬ڴڴڴ‪Ζ‬ڶ‪￦￦￦￦￉¥·¬￦Ϯ‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڸڵ ‪￦‬‬
‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬

‫‪¦Κ￦‬‬ ‫‪ￖ¶©ª©¶©²§©￦·¬¥¶©·￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڴڵ‬ ‫‪￦‬‬

‫‪￦‬‬ ‫‪￙¬¥¶©￦ￖ¶©±­¹±￦³²￦ￖ¶©ª©¶©²§©￦·¬¥¶©·￦‬‬ ‫ڴڴڴ‪Ζ‬ڴڵ‬ ‫‪￦‬‬
‫‪￦‬‬ ‫‪ϯ￦‬ڴڴڴ‪Ζ‬ڶ‪￦¼￦‬ڴڸ‪￦￦￦￦￉¥·¬￦Ϯ‬‬ ‫‪￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڼ‬
‫‪￦‬‬ ‫‪￦￦￦￦￙¬¥¶©￦´¶©±­¹±￦¶©¸­¶©±©²¸￦³ª￦·¬¥¶©·￦(balancing figure)￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڷ‬
‫‪￦‬‬
‫‪￦‬‬
‫ ‬ ‫ ‬

‫‪326‬‬
‫‪CHAPTER 32‬‬

‫‪PROBLEM 32-14￦‬‬
‫‪￦‬‬

‫‪ϯ‬ڴڹ‪￦¼￦ￖ‬ڴڴڴ‪Ζ‬ڶ‪ϯ￦ ￖ¶©ª©¶©²§©￦·¬¥¶©·￦Ϯ‬ڵ‬ ‫ڴڴڴ‪Ζ‬ڴڴڵ‬ ‫‪￦‬‬

‫‪￦‬‬ ‫‪￙¬¥¶©￦ￖ¶©±­¹±￦³²￦ￖ¶©ª©¶©²§©￦·¬¥¶©·￦‬‬
‫‪σ￦‬ڴڴڴ‪Ζ‬ڶ‪ϯ￦¼￦‬ڴڴڴ‪Ζ‬ڴڸ‪ϑ‬ڴڴڴ‪Ζ‬ڴڴڶ‪σϮ‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڵ‬ ‫‪￦‬‬
‫‪￦‬‬ ‫‪ϯ‬ڴڶ‪￦¼￦ￖ‬ڴڴڴ‪Ζ‬ڶ‪￦￦￦￦ￕ¶¨­²¥¶½￦·¬¥¶©·￦Ϯ‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڸ‬
‫‪￦‬‬ ‫‪￦￦￦￦￙¬¥¶©￦´¶©±­¹±Ο³¶¨­²¥¶½￦·¬¥¶©·￦‬‬ ‫‪￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڻ‬
‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬

‫‪ϯ￦‬ڴڹ‪￦¼￦ￖ‬ڴڴڴ‪Ζ‬ڶ‪ϯ￦ ￖ¶©ª©¶©²§©￦·¬¥¶©·￦Ϯ‬ڶ‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڴڵ‬ ‫‪￦‬‬

‫‪￦‬‬ ‫‪￙¬¥¶©￦ￖ¶©±­¹±￦³²￦ￖ¶©ª©¶©²§©￦·¬¥¶©·￦‬‬
‫‪σ￦‬ڴڴڴ‪Ζ‬ڶ‪ϯ￦¼￦‬ڴڴڴ‪Ζ‬ڴڸ‪ϑ‬ڴڴڴ‪Ζ‬ڴڴڶ‪σϮ‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڵ‬ ‫‪￦‬‬
‫‪￦‬‬ ‫‪ￇ§§¹±¹°¥¸©¨￦´¶³ª­¸·￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڵ‬ ‫‪￦‬‬
‫‪￦‬‬ ‫‪ϯ￦‬ڴڶ‪￦¼￦ￖ‬ڵ‪ϑ‬ڷ‪￦¼￦‬ڴڴڴ‪Ζ‬ڶ‪￦￦￦￦ￕ¶¨­²¥¶½￦·¬¥¶©·￦Ϯ‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڶڵ‬
‫ ‬
‫ ‬
‫‪PROBLEM 32-15￦‬‬
‫‪￦‬‬

‫‪¥Κ￦‬ڵ‬ ‫‪ϯ￦‬ڴڸ‪￦¼￦ￖ‬ڴڴڴ‪Ζ‬ڴڷ‪ￕ¶¨­²¥¶½￦·¬¥¶©·￦Ϯ‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڴڶ‪Ζ‬ڵ‬ ‫‪￦‬‬

‫‪￦‬‬ ‫‪￙¬¥¶©￦ￖ¶©±­¹±￦³²￦ￕ¶¨­²¥¶½￦·¬¥¶©·￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڸڶ‬ ‫‪￦‬‬
‫‪￦‬‬ ‫‪ϯ‬ڴڷ‪￦¼￦ￖ‬ڴڴڴ‪Ζ‬ڴڷ‪￦￦￦￦ￕ¶¨­²¥¶½￦·¬¥¶©·￦Ϯ‬‬ ‫‪￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڴڽ‬
‫‪￦‬‬ ‫‪￦￦￦￦￙¬¥¶©￦´¶©±­¹±Ο¶©§¥´­¸¥°­¾¥¸­³²￦‬‬ ‫‪￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڸڹ‬
‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬

‫‪¦Κ￦‬ڵ‬ ‫‪ϯ￦‬ڴڸ‪￦¼￦ￖ‬ڴڴڴ‪Ζ‬ڴڷ‪ￕ¶¨­²¥¶½￦·¬¥¶©·￦Ϯ‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڴڶ‪Ζ‬ڵ‬ ‫‪￦‬‬

‫‪￦‬‬ ‫‪￙¬¥¶©￦ￖ¶©±­¹±￦³²￦ￕ¶¨­²¥¶½￦·¬¥¶©·￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڸڶ‬ ‫‪￦‬‬
‫‪￦‬‬ ‫‪ￇ§§¹±¹°¥¸©¨￦´¶³ª­¸·￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴںڷ‬ ‫‪￦‬‬
‫‪￦‬‬ ‫‪ϯ￦‬ڴں‪￦¼￦ￖ‬ڴڴڴ‪Ζ‬ڴڷ‪￦￦￦￦ￕ¶¨­²¥¶½￦·¬¥¶©·￦Ϯ‬‬ ‫‪￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڴڼ‪Ζ‬ڵ‬
‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬

‫‪Κ￦‬ڶ‬ ‫‪ϯ‬ڴڴڴ‪Ζ‬ڴڷ‪ϯ￦¼￦‬ڹڷ‪Οￖ‬ڴڸ‪ￕ¶¨­²¥¶½￦·¬¥¶©·￦ϮϮￖ‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڹڵ‬ ‫‪￦‬‬

‫‪￦‬‬ ‫‪￦￦￦￦￙¬¥¶©￦´¶©±­¹±Ο¶©§¥´­¸¥°­¾¥¸­³²￦‬‬ ‫‪￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڹڵ‬
‫‪￦‬‬

‫‪Κ￦￦￙¬¥¶©￦·´°­¸￦‬ڷ‬
‫‪￦‬‬ ‫ ‪Before‬‬ ‫ ‪Multiply by‬‬ ‫‪After‬‬
‫‪ￕ¶¨­²¥¶½￦￙¬¥¶©￦§¥´­¸¥°￦­··¹©¨￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڷ‬ ‫‪￦‬ڵ‪ϑ‬ڸ‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڶڵ‬
‫‪￙¹¦·§¶­¦©¨￦·¬¥¶©￦§¥´­¸¥°￦‬‬ ‫‪￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦Ο￦‬‬ ‫‪￦‬ڵ‪ϑ‬ڸ‬ ‫‪￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦Ο￦‬‬
‫‪ￚ³¸¥°￦‬‬ ‫ڴڴڴ‪Ζ‬ڴڷ‬ ‫‪￦‬ڵ‪ϑ‬ڸ‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڶڵ‬
‫‪ￒ©··Ό￦ￚ¶©¥·¹¶½￦·¬¥¶©·￦‬‬ ‫‪￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦Ο￦‬‬ ‫‪￦‬ڵ‪ϑ‬ڸ‬ ‫‪￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦Ο￦‬‬
‫‪ￕ¹¸·¸¥²¨­²«￦·¬¥¶©·￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڷ‬ ‫‪￦‬ڵ‪ϑ‬ڸ‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڶڵ‬
‫‪￦‬‬

‫ ‪Before‬‬ ‫ ‪multiply by‬‬ ‫ ‪After‬‬

‫‪ￖ¥¶￦º¥°¹©￦´©¶￦·¬¥¶©￦‬‬ ‫‪￦‬ڴڸ‪ￖ‬‬ ‫‪￦‬ڎ‬ ‫‪￦‬ڴڵ‪ￖ‬‬
‫‪￦‬‬

‫‪Memo entryΌ￦‬‬
‫‪￉¬¥²«©·Ό￦ ­²§¶©¥·©￦²¹±¦©¶￦³ª￦·¬¥¶©·￦ ￦‬‬ ‫‪￦‬‬
‫‪￦‬‬ ‫‪￦ ￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦￙¥±©￦￙ￎￋ￦‬‬
‫‪￦‬‬ ‫‪ￊ©§¶©¥·©￦²¹±¦©¶￦­²￦ￖ¥¶￦º¥°¹©￦‬‬ ‫‪￦‬‬
‫‪￦‬‬
‫‪￦‬‬
‫ ‬ ‫ ‬

‫‪327‬‬
‫‪CHAPTER 32‬‬

‫ ‪PROBLEM 32-16‬‬
‫‪Κ￦‬ڵ‬ ‫‪￦·¸³§¯￦¶­«¬¸￦¸³￦‬ڴڴڴ‪Ζ‬ڴڷ‪ￓ©±³￦©²¸¶½Ό￦ￏ··¹©¨￦‬‬
‫‪©¼­·¸­²«￦·¬¥¶©¬³°¨©¶￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬
‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬

‫‪Κ￦‬ڶ‬ ‫‪ϯ￦‬ڶڸ‪￦¼￦ￖ‬ڶ‪￦¼￦‬ڴڴڴ‪Ζ‬ڹڵ‪￉¥·¬￦Ϯ‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴںڶ‪Ζ‬ڵ‬ ‫‪￦‬‬

‫‪￦‬‬ ‫‪ϯ￦‬ڶڴ‪￦¼￦ￖ‬ڶ‪￦¼￦‬ڴڴڴ‪Ζ‬ڹڵ‪￦￦￦￦ￕ¶¨­²¥¶½￦·¬¥¶©·￦Ϯ‬‬ ‫‪￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڴڶ‪Ζ‬ڵ‬
‫‪￦‬‬ ‫‪￦￦￦￦￙¬¥¶©￦ￖ¶©±­¹±￦‬‬ ‫‪￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴں‬
‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬

‫‪Κ￦‬ڷ‬ ‫‪￦³ª￦¸¬©￦·¸³§¯￦¶­«¬¸·￦‬ڴڴڴ‪Ζ‬ڹڵ‪ￓ©±³￦©²¸¶½Ό￦‬‬
‫‪»©¶©￦²³¸￦©¼©¶§­·©¨￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬
‫ ‬
‫ ‬
‫‪PROBLEM 32-17￦‬‬
‫ ‪CASE NO. 1‬‬
‫ ‬ ‫ ‪Total Fair‬‬ ‫ ‪Fraction Allocated cost‬‬
‫ ‪value‬‬
‫‪ϯ‬ڴڻ‪￦¼￦ￖ‬ڴڴڶ‪Ζ‬ڸ‪ￖ¶©ª©¶©²§©￦·¬¥¶©·￦Ϯ‬‬ ‫ڴڴڴ‪Ζ‬ڸڽڶ‬ ‫‪￦‬ܫڴڻ‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڵڸڸ‬
‫‪ϯ￦‬ڴڷ‪￦¼￦ￖ‬ڴڴڶ‪Ζ‬ڸ‪￝¥¶¶¥²¸·￦Ϯ‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ںڶڵ‪￦￦‬‬ ‫‪￦‬ܫڴڷ‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڽڼڵ‪￦￦‬‬
‫‪ￚ³¸¥°￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڶڸ‬ ‫‪￦‬‬ ‫‪Є￦‬ڴڴڴ‪Ζ‬ڴڷں‬
‫‪ϯ￦‬ڴڴڶ‪Ζ‬ڸ‪￦¼￦‬ڴڹڵ‪ЄϮ‬‬
‫‪￦‬‬

‫‪￉¥·¬￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڷں‬ ‫‪￦‬‬

‫‪ϯ￦‬ڴڹ‪￦¼￦ￖ‬ڴڴڶ‪Ζ‬ڸ‪￦￦￦￦ￖ¶©ª©¶©²§©￦￙¬¥¶©￦§¥´­¸¥°￦Ϯ‬‬ ‫‪￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڵڶ‬
‫‪ϯ￦‬ڴڴڴ‪Ζ‬ڴڵڶ‪￦Ο‬ڴڴڴ‪Ζ‬ڵڸڸ‪￦￦￦￦￙¬¥¶©￦ￖ¶©±­¹±￦Ϯ‬‬ ‫‪￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڵڷڶ‬
‫‪￦￦￦￦ￕ¶¨­²¥¶½￦·¬¥¶©￦»¥¶¶¥²¸·￦³¹¸·¸¥²¨­²«￦‬‬ ‫‪￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڽڼڵ‬
‫‪￦‬‬

‫ ‪When the warrants are exercised:‬‬

‫‪ϯ￦‬ڴڸ‪￦¼￦ￖ‬ܫڴڼ‪￦¼￦‬ڴڴڵ‪Ζ‬ڶ‪￉¥·¬￦Ϯ‬‬ ‫ڴڴڶ‪Ζ‬ڻں‬
‫‪￦‬ڴڴڶ‪Ζ‬ڵڹڵ ‪ϯ￦‬ܫڴڼ‪￦¼￦‬ڴڴڴ‪Ζ‬ڽڼڵ‪ￕ¶¨­²¥¶½￦·¬¥¶©￦»¥¶¶¥²¸·￦³¹¸·¸¥²¨­²«￦Ϯ‬‬ ‫‪￦‬‬
‫‪ϯ￦‬ڴڶ‪￦¼￦ￖ‬ܫڴڼ‪￦¼￦‬ڴڴڵ‪Ζ‬ڶ‪￦￦￦￦ￕ¶¨­²¥¶½￦￙¬¥¶©￦§¥´­¸¥°￦Ϯ‬‬ ‫‪￦‬‬ ‫‪￦‬ڴڴں‪Ζ‬ڷڷ‬
‫‪￦￦￦￦￙¬¥¶©￦ￖ¶©±­¹±￦ ³¶¨­²¥¶½￦·¬¥¶©￦‬‬ ‫‪￦‬‬ ‫‪￦‬ڴڴڼ‪Ζ‬ڸڼڵ‬
‫‪￦‬‬
‫ ‪CASE NO. 2‬‬
‫‪ￚ³¸¥°￦´¶³§©©¨·￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڷں‬
‫‪ϯ‬ڴڻ‪￦¼ ￖ‬ڴڴڶ‪Ζ‬ڸ‪ￒ©··Ό￦ￚ³¸¥°￦ª¥­¶￦º¥°¹©￦³ª￦¸¬©￦´¶©ª©¶©²§©￦·¬¥¶©·￦Ϯ‬‬ ‫ڴڴڴ‪Ζ‬ڸڽڶ‬
‫‪ￜ¥°¹©￦³ª￦¸¬©￦»¥¶¶¥²¸·￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ںڷڷ‬
‫‪￦‬‬

‫‪￉¥·¬￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڷں‬ ‫‪￦‬‬

‫‪ϯ￦‬ڴڹ‪￦¼￦ￖ‬ڴڴڶ‪Ζ‬ڸ‪￦￦￦￦ￖ¶©ª©¶©²§©￦￙¬¥¶©￦§¥´­¸¥°￦Ϯ‬‬ ‫‪￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڵڶ‬
‫‪ϯ￦‬ڴڴڴ‪Ζ‬ڴڵڶ‪Ο‬ڴڴڴ‪Ζ‬ڸڽڶ‪￦￦￦￦￙¬¥¶©￦ￖ¶©±­¹±￦Ϯ‬‬ ‫‪￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڸڼ‬
‫‪￦￦￦￦ￕ¶¨­²¥¶½￦·¬¥¶©￦»¥¶¶¥²¸·￦³¹¸·¸¥²¨­²«￦‬‬ ‫‪￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ںڷڷ‬
‫‪￦‬‬
‫‪CASE NO. 3￦‬‬
‫‪ￓ¥¶¯©¸￦º¥°¹©￦³ª￦³¶¨­²¥¶½￦·¬¥¶©·￦‬‬ ‫‪ￖ￦‬‬ ‫‪￦‬ڴں‬
‫‪ￒ©··Ό￦ￕ´¸­³²￦´¶­§©ϑ©¼©¶§­·©￦´¶­§©￦‬‬ ‫‪￦‬‬ ‫‪￦‬ڴڸ‬
‫‪ￏ²¸¶­²·­§￦º¥°¹©￦³ª￦»¥¶¶¥²¸￦‬‬ ‫‪￦‬‬ ‫‪￦‬ڴڶ‬
‫‪￦³ª￦³¶¨­²¥¶½￦·¬¥¶©·￦§°¥­±¥¦°©￦¹²¨©¶￦»¥¶¶¥²¸·￦‬ڃ‪ￓ¹°¸­´°½Ό￦‬‬ ‫‪￦‬‬ ‫‪￦‬ڴڴڵ‪Ζ‬ڶ‬
‫‪ￓ¥¶¯©¸￦º¥°¹©￦³ª￦·¬¥¶©￦»¥¶¶¥²¸·￦‬‬ ‫‪ￖ￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڶڸ‬
‫‪￦‬‬

‫‪328‬‬
CHAPTER 32

ￚ³¸¥°￦´¶³§©©¨·￦ ‫ڴڷں‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦ￜ¥°¹©￦³ª￦￙¬¥¶©￦»¥¶¶¥²¸·￦ ‫ڶڸ‬Ζ‫ڴڴڴ‬￦￦
ￜ¥°¹©￦¥··­«²©¨￦¸³￦ￖ¶©ª©¶©²§©￦￙¬¥¶©￦ ‫ڼڼڹ‬Ζ‫ڴڴڴ‬￦
￦

￉¥·¬￦ ‫ڴڷں‬Ζ‫ڴڴڴ‬￦ ￦
￦￦￦￦ￖ¶©ª©¶©²§©￦￙¬¥¶©￦§¥´­¸¥°￦Ϯ‫ڸ‬Ζ‫ڴڴڶ‬￦¼￦ￖ‫ڴڹ‬ϯ￦ ￦ ‫ڴڵڶ‬Ζ‫ڴڴڴ‬￦
￦￦￦￦￙¬¥¶©￦ￖ¶©±­¹±￦Ϯ‫ڼڼڹ‬Ζ‫ڴڴڴ‬Ο‫ڴڵڶ‬Ζ‫ڴڴڴ‬ϯ￦ ￦ ‫ڼڻڷ‬Ζ‫ڴڴڴ‬￦
￦￦￦￦ￕ¶¨­²¥¶½￦·¬¥¶©￦»¥¶¶¥²¸·￦³¹¸·¸¥²¨­²«￦ ￦ ‫ڶڸ‬Ζ‫ڴڴڴ‬￦
￦
￦
PROBLEM 32-18￦
￦

ￕ¶¨­²¥¶½￦·¬¥¶©·￦­··¹©¨￦ ￦ ‫ڴڶ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦ￚ¶©¥·¹¶½￦·¬¥¶©·￦ ￦ ‫ڶ‬Ζ‫ڴڴڴ‬￦
ￕ¹¸·¸¥²¨­²«￦·¬¥¶©·￦ ￦ ‫ڼڵ‬Ζ‫ڴڴڴ‬￦
￦

¥Κ￦ ￘©¸¥­²©¨￦©¥¶²­²«·￦Ϯ‫ڼڵ‬Ζ‫ڴڴڴ‬￦¼￦ￖ‫ڹ‬ϯ ‫ڴڽ‬Ζ‫ڴڴڴ‬￦ ￦

￦ ￦￦￦￦ￊ­º­¨©²¨·￦´¥½¥¦°©￦ ￦ ‫ڴڽ‬Ζ‫ڴڴڴ‬￦
￦ ￦ ￦ ￦

¦Κ￦ ￔ³￦ª³¶±¥°￦¥§§³¹²¸­²«￦©²¸¶½￦ ￦ ￦
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§Κ￦ ￊ­º­¨©²¨·￦´¥½¥¦°©￦ ‫ڴڽ‬Ζ‫ڴڴڴ‬￦ ￦

￦￦ ￦￦￦￦￉¥·¬￦ ￦ ‫ڴڽ‬Ζ‫ڴڴڴ‬￦
￦

PROBLEM 32-19 Cash dividends for Preference Shares-Semi-annual
Payment
￦

￐¹°½￦‫ڵ‬Ό￦￦￦￦￦￘©¸¥­²©¨￦ￋ¥¶²­²«·￦ ‫ڼڶ‬Ζ‫ڴڴڴ‬￦ ￦
￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦ￊ­º­¨©²¨·￦ￖ¥½¥¦°©￦￦Ϯ‫ڼڶ‬Ζ‫ڴڴڴ‬￦¼￦ￖ‫ڴڶ‬￦¼￦‫ܫڴڵ‬￦¼￦‫ں‬ϑ‫ڶڵ‬ϯ￦ ‫ڼڶ‬Ζ‫ڴڴڴ‬￦
ￊ©§Κ￦‫ڵڷ‬Ό￦￦￘©¸¥­²©¨￦ￋ¥¶²­²«·￦ ￦
￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦ￊ­º­¨©²¨·￦ￖ¥½¥¦°©￦Ϯ‫ڼڶ‬Ζ‫ڴڴڹ‬￦¼￦ￖ‫ڴڶ‬￦¼￦‫ܫڴڵ‬￦¼￦‫ں‬ϑ‫ڶڵ‬ϯ ‫ڼڶ‬Ζ‫ڴڴڹ‬ ￦
￦ ‫ڼڶ‬Ζ‫ڴڴڹ‬￦
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￉³±´¹¸¥¸­³²￦³ª￦³¹¸·¸¥²¨­²«￦·¬¥¶©·Ό￦
July 1 December 31 ￦
ￖ¶©ª©¶©²§©￦·¬¥¶©·￦­··¹©¨￦ ‫ڴڷ‬Ζ‫ڴڴڴ‬￦ ￖ¶©ª©¶©²§©￦·¬¥¶©·￦­··¹©¨￦ ‫ڴڷ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦ￚ¶©¥·¹¶½￦·¬¥¶©·￦ ￒ©··Ό￦ ￚ¶©¥·¹¶½￦ ·¬¥¶©·￦ Ϯ‫ڶ‬Ζ‫ڴڴڴ‬Ο
‫ڶ‬Ζ‫ڴڴڴ‬￦ ‫ڴڴڹ‬ϯ￦ ‫ڵ‬Ζ‫ڴڴڹ‬￦
ￕ¹¸·¸¥²¨­²«￦·¬¥¶©·￦ ‫ڼڶ‬Ζ‫ ڴڴڴ‬ￕ¹¸·¸¥²¨­²«￦·¬¥¶©·￦ ‫ڼڶ‬Ζ‫ڴڴڹ‬￦


PROBLEM 32-20￦
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ￔ³ºΚ￦‫ڵ‬Ζ￦ ￘©¸¥­²©¨￦©¥¶²­²«· ‫ڴڴڹ‬Ζ‫ڴڴڴ‬

‫ڻڵڴڶ‬￦ ￦￦￦￦ￊ­º­¨©²¨·￦´¥½¥¦°©￦ ￦ ‫ڴڴڹ‬Ζ‫ڴڴڴ‬￦
￦ ￦ ￦ ￦

ￊ©§Κ￦‫ڵڷ‬Ζ￦￦ ￘©¸¥­²©¨￦©¥¶²­²«·￦ ‫ڴڵڵ‬Ζ‫ڴڴڴ‬￦ ￦

‫ڻڵڴڶ‬￦ ￦￦￦￦ￊ­º­¨©²¨·￦´¥½¥¦°© ‫ڴڵڵ‬Ζ‫ڴڴڴ‬
￦ ￦ ￦ ￦

329
‫‪CHAPTER 32‬‬

‫‪￦‬‬ ‫‪￦‬ڵڷ‪ￌ¥­¶￦º¥°¹©Ζ￦ￊ©§Κ￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڵں‬ ‫‪￦‬‬

‫‪￦‬‬ ‫©‪ￒ©··Ό￦ￖ¶©º­³¹·￦ￌ¥­¶￦º¥°¹‬‬ ‫ڴڴڴ‪Ζ‬ڴڴڹ‬
‫‪￦‬‬ ‫©‪ￏ²§¶©¥·©￦­²￦¨­º­¨©²¨·￦´¥½¥¦°‬‬ ‫ڴڴڴ‪Ζ‬ڴڵڵ‬
‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬

‫‪Ζ￦￦‬ڹڵ‪ￌ©¦Κ￦‬‬ ‫‪ￊ­º­¨©²¨·￦´¥½¥¦°©￦￦‬‬ ‫ڴڴڴ‪Ζ‬ڴڷ‬

‫‪￦‬ڼڵڴڶ‬ ‫‪￦￦￦￦￘©¸¥­²©¨￦©¥¶²­²«·￦‬‬ ‫‪￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڷ‬
‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬

‫‪￦‬‬ ‫‪￦‬ڹڵ‪ￌ¥­¶￦º¥°¹©Ζ￦ￌ©¦Κ￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڼڹ‬ ‫‪￦‬‬

‫‪￦‬‬ ‫©‪ￒ©··Ό￦ￖ¶©º­³¹·￦ￌ¥­¶￦º¥°¹‬‬ ‫ڴڴڴ‪Ζ‬ڴڵں‬
‫‪￦‬‬ ‫‪ￊ©§¶©¥·©￦­²￦¨­º­¨©²¨·￦´¥½¥¦°©￦‬‬ ‫‪ϯ￦‬ڴڴڴ‪Ζ‬ڴڷ‪Ϯ‬‬ ‫‪￦‬‬
‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬

‫‪￦‬‬ ‫‪ￊ­º­¨©²¨·￦´¥½¥¦°©￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڼڹ‬ ‫‪￦‬‬

‫‪￦‬‬ ‫‪￦￦￦￦ￏ²º©²¸³¶½￦‬‬ ‫‪￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڹڹ‬
‫‪￦‬‬ ‫‪￦￦￦￦ￍ¥­²￦³²￦¨­·¸¶­¦¹¸­³²￦Ο￦´¶³´Κ￦¨­º­¨©²¨·￦‬‬ ‫‪￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڷ‬
‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬

‫‪￦‬‬ ‫‪￦ￌ¥­¶￦‬ܥ‪￉¥¶¶½­²«￦¥±³¹²¸￦³ª￦¨­º­¨©²¨￦´¥½¥¦°©￦‬‬
‫‪º¥°¹©￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڼڹ‬ ‫‪￦‬‬
‫‪￦‬‬ ‫·¸©··‪ￒ©··Ό￦￉¥¶¶½­²«￦¥±³¹²¸￦³ª￦²³²§¥·¬￦¥‬‬ ‫ڴڴڴ‪Ζ‬ڴڹڹ‬
‫‪￦‬‬ ‫‪ￍ¥­²￦³²￦¨­·¸¶­¦¹¸­³²￦³ª￦´¶³´Κ￦ￊ­º­¨©²¨·￦‬‬ ‫ڴڴڴ‪Ζ‬ڴڷ‬
‫‪￦‬‬
‫‪￦‬‬
‫‪PROBLEM 32-21￦‬‬
‫‪￦‬‬

‫‪Ζ￦‬ڵ‪ￔ³ºΚ￦‬‬ ‫·«‪￘©¸¥­²©¨￦©¥¶²­²‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڴڹ‬ ‫‪￦‬‬

‫‪￦‬ڻڵڴڶ‪￦‬‬ ‫‪￦￦￦￦ￊ­º­¨©²¨·￦´¥½¥¦°©￦‬‬ ‫‪￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڴڹ‬
‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬

‫‪￦‬‬ ‫‪ￋµ¹­´±©²¸Ο²³²§¹¶¶©²¸￦¥··©¸￦ª³¶￦‬‬
‫‪¨­·¸¶­¦¹¸­³²Є￦￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڴڹ‬ ‫‪￦‬‬
‫‪￦‬‬ ‫‪ϯ￦‬ڴڴڴ‪Ζ‬ڴڴڹ‪￦ ￦ￖ‬ڴڴڴ‪Ζ‬ڴڹڹ‪ￏ±´¥­¶±©²¸￦°³··￦Ϯￖ‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڹ‬ ‫‪￦‬‬
‫‪￦‬‬ ‫‪￦￦￦￦ￋµ¹­´±©²¸￦‬‬ ‫‪￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڹڹ‬
‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬

‫‪Ζ￦￦‬ڵڷ‪ￊ©§Κ￦‬‬ ‫·«‪￘©¸¥­²©¨￦©¥¶²­²‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڵڵ‬ ‫‪￦‬‬

‫‪￦‬ڻڵڴڶ‬ ‫‪￦￦￦￦ￊ­º­¨©²¨·￦´¥½¥¦°©￦‬‬ ‫‪￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڵڵ‬
‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬

‫‪￦‬‬ ‫‪￦‬ڵڷ‪ￌ¥­¶￦º¥°¹©Ζ￦ￊ©§Κ￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڵں‬ ‫‪￦‬‬

‫‪￦‬‬ ‫©‪ￒ©··Ό￦ￖ¶©º­³¹·￦ￌ¥­¶￦º¥°¹‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڴڹ‬ ‫‪￦‬‬
‫‪￦‬‬ ‫‪ￏ²§¶©¥·©￦­²￦¨­º­¨©²¨·￦´¥½¥¦°©￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڵڵ‬ ‫‪￦‬‬
‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬

‫‪￦‬‬ ‫‪ￋµ¹­´±©²¸Ο²³²§¹¶¶©²¸￦¥··©¸￦ª³¶￦‬‬
‫‪¨­·¸¶­¦¹¸­³²ЄЄ￦￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڹ‬ ‫‪￦‬‬
‫‪￦‬‬ ‫‪￦￦￦￦ￍ¥­²￦³²￦¶©§³º©¶½￦³ª￦­±´¥­¶±©²¸￦°³··￦‬‬ ‫‪￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڹ‬
‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬

‫‪Ζ￦￦‬ڹڵ‪ￌ©¦Κ￦‬‬ ‫‪ￊ­º­¨©²¨·￦´¥½¥¦°©￦￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڷ‬ ‫‪￦‬‬

‫‪￦‬ڼڵڴڶ‬ ‫‪￦￦￦￦￘©¸¥­²©¨￦©¥¶²­²«·￦‬‬ ‫‪￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڷ‬
‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬

‫‪￦‬‬ ‫ڹڵ‪ￌ¥­¶￦º¥°¹©Ζ￦ￌ©¦Κ￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڼڹ‬ ‫‪￦‬‬

‫‪￦‬‬ ‫‪ￒ©··Ό￦ￖ¶©º­³¹·￦ￌ¥­¶￦º¥°¹©￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڵں‬ ‫‪￦‬‬
‫‪￦‬‬ ‫‪ￊ©§¶©¥·©￦­²￦¨­º­¨©²¨·￦´¥½¥¦°©￦‬‬ ‫‪ϯ￦‬ڴڴڴ‪Ζ‬ڴڷ‪Ϯ‬‬ ‫‪￦‬‬
‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬

‫‪￦‬‬ ‫‪ￊ­º­¨©²¨·￦´¥½¥¦°©￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڼڹ‬ ‫‪￦‬‬

‫‪￦‬‬ ‫‪￦￦￦￦ￋµ¹­´±©²¸Ο²³²§¹¶¶©²¸￦¥··©¸￦ª³¶￦¨­·¸¶­¦¹¸­³²￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڹڹ‬

‫‪330‬‬
CHAPTER 32

￦ ￦￦￦￦ￍ¥­²￦³²￦¨­·¸¶­¦¹¸­³²￦³ª￦´¶³´Κ￦ￊ­º­¨©²¨·￦ ￦ ‫ڴڷ‬Ζ‫ڴڴڴ‬￦
￦ ￦ ￦ ￦

￦ ￉¥¶¶½­²«￦¥±³¹²¸￦³ª￦¨­º­¨©²¨￦´¥½¥¦°©￦‫ܥ‬￦
ￌ¥­¶￦º¥°¹©￦ ‫ڴڼڹ‬Ζ‫ڴڴڴ‬￦ ￦
￦ ￒ©··Ό￦￉¥¶¶½­²«￦¥±³¹²¸￦³ª￦²³²§¥·¬￦¥··©¸·￦ ‫ڴڹڹ‬Ζ‫ڴڴڴ‬￦ ￦
￦ ￍ¥­²￦³²￦¨­·¸¶­¦¹¸­³²￦³ª￦´¶³´Κ￦ￊ­º­¨©²¨· ‫ڴڷ‬Ζ‫ڴڴڴ‬￦ ￦
ЄϮￒ³»©¶￦¦©¸»©©²￦ￖ‫ڴڹڹ‬Ζ‫ڴڴڴ‬￦¥²¨￦ￖ‫ڴڴڹ‬Ζ‫ڴڴڴ‬ϯ￦
ЄЄϮￖ‫ڴڵں‬Ζ‫ڴڴڴ‬￦ ±­²¹·￦ ￖ‫ڴڴڹ‬Ζ‫ڴڴڴ‬ϯ￦ ¦¹¸￦ ¸¬©￦ «¥­²￦ ·¬¥°°￦ ²³¸￦ ©¼§©©¨￦ ¸¬©￦ ¥±³¹²¸￦ ³ª￦
­±´¥­¶±©²¸￦°³··￦³ª￦ￖ‫ڴڹ‬Ζ‫ڴڴڴ‬Κ￦
￦

Alternative Computation:
*Computation of the impairment loss is as follows:
ￕ¶­«­²¥°￦§¥¶¶½­²«￦¥±³¹²¸￦ ￦ ‫ڴڹڹ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦ￒ³»©¶￦¦©¸»©©²￦¸¬©·©￦¸»³￦¥±³¹²¸·￦ ￦ ￦
￦￦￦ￌￜ￦ￒ©··￦￉³·¸￦ￚ³￦ￊ­·¸¶­¦¹¸©￦Ϯￌￜￒ￉ￚￊϯ￦ ‫ڴڴڹ‬Ζ‫ڴڴڴ‬￦ ￦
￦￦￦ￕ¶­«­²¥°￦§¥¶¶½­²«￦¥±³¹²¸￦ ‫ڴڹڹ‬Ζ‫ڴڴڴ‬￦ ‫ڴڴڹ‬Ζ‫ڴڴڴ‬￦
ￏ±´¥­¶±©²¸￦°³··￦ ￦ ‫ڴڹ‬Ζ‫ڴڴڴ‬￦
￦

**Computation of the gain on reversal of the impairment loss is as follows:

ￒ³»©¶￦¦©¸»©©²￦·¹¦·©µ¹©²¸￦ￌￜￒￚ￉ￊ￦¥²¨￦³¶­«­²¥°￦§¥¶¶½­²«￦¥±³¹²¸￦ ￦
￦￦￦ￕ¶­«­²¥°￦§¥¶¶½­²«￦¥±³¹²¸￦ ‫ڴڹڹ‬Ζ‫ڴڴڴ‬￦
￦￦￦ￌￜￒ￉ￚￊΖ￦ￊ©§Κ￦‫ڵڷ‬￦￦ ‫ڴڵں‬Ζ‫ڴڴڴ‬￦ ‫ڴڹڹ‬Ζ‫ڴڴڴ‬￦￦
￉¥¶¶½­²«￦¥±³¹²¸￦¥¸￦­²­¸­¥°￦¶©§³«²­¸­³²￦ ￦ ‫ڴڴڹ‬Ζ‫ڴڴڴ‬￦￦
ￍ¥­²￦³²￦¶©º©¶·¥°￦ ￦ ‫ڴڹ‬Ζ‫ڴڴڴ‬￦￦
￦
￦
PROBLEM 32-22 Cash and Noncash Alternative￦
￦

￦ ￘©¸¥­²©¨￦©¥¶²­²«·￦ ￖ￦ ‫ڵڼڵ‬Ζ‫ڴڴڼ‬￦
￦ ￦ ￊ­º­¨©²¨·￦´¥½¥¦°©￦ ￖ￦ ‫ڵڼڵ‬Ζ‫ڴڴڼ‬￦
￦

￙¹´´³¶¸­²«￦§³±´¹¸¥¸­³²Ό￦
￉¥·¬￦¥°¸©¶²¥¸­º©￦Ϯ‫ڴڶ‬￦¼￦‫ܫڹڹ‬￦¼￦ￖ‫ڽ‬Ζ‫ڴڴڴ‬ϯ￦ ￖ￦ ‫ڽڽ‬Ζ‫ڴڴڴ‬￦
ￔ³²Ο§¥·¬￦¥°¸©¶²¥¸­º©￦Ϯ‫ڴڶ‬￦¼￦‫ܫڹڸ‬￦¼￦ￖ‫ڽ‬Ζ‫ڴڴڶ‬ϯ￦ ￦ ‫ڶڼ‬Ζ‫ڴڴڼ‬￦
ￚ³¸¥°￦¨­º­¨©²¨·￦ ￖ￦ ‫ڵڼڵ‬Ζ‫ڴڴڼ‬￦
￦

Date of payment:
ￏª￦¸¬©￦·¬¥¶©¬³°¨©¶·￦³´¸©¨￦¸³￦¶©§©­º©￦§¥·¬Ζ￦¸¬©￦®³¹¶²¥°￦©²¸¶½￦­·Ό￦
¥Κ￦ ￊ­º­¨©²¨·￦´¥½¥¦°©￦ ‫ڵڼڵ‬Ζ‫ڴڴڼ‬￦ ￦
￦ ￦￦￦￦￉¥·¬￦Ϯ‫ڴڶ‬￦￞￦‫ڽ‬Ζ‫ڴڴڴ‬ϯ￦ ￦ ‫ڴڼڵ‬Ζ‫ڴڴڴ‬￦
￦ ￦￦￦￦￘©¸¥­²©¨￦©¥¶²­²«·￦Ϯ¦¥°¥²§­²«￦ª­«¹¶©ϯ￦ ￦ ‫ڵ‬Ζ‫ڴڴڼ‬￦
￦ ￦

ￏª￦¸¬©￦·¬¥¶©¬³°¨©¶·￦³´¸©¨￦¸³￦¶©§©­º©￦²³²§¥·¬Ζ￦¸¬©￦®³¹¶²¥°￦©²¸¶½￦­·Ό￦
¦Κ￦ ￊ­º­¨©²¨·￦´¥½¥¦°©￦￦ ‫ڵڼڵ‬Ζ‫ڴڴڼ‬￦ ￦
￦ ￒ³··￦³²￦¨­·¸¶­¦¹¸­³²￦³ª￦¨­º­¨©²¨·￦Ϯ¦¥°¥²§­²«￦
ª­«¹¶©ϯ￦ ‫ڶ‬Ζ‫ڴڴڶ‬￦ ￦
￦￦ ￦￦￦￦ￔ³²§¥·¬￦Ϯ‫ڴڶ‬￦¼￦‫ڽ‬Ζ‫ڴڴڶ‬ϯ￦ ￦ ‫ڸڼڵ‬Ζ‫ڴڴڴ‬￦
￦
￦

331
CHAPTER 32

PROBLEM 32-23 Share Dividends: Small, Large and Treasury Shares

￦

Computation of outstanding shares:

ￕ¶¨­²¥¶½￦·¬¥¶©·￦­··¹©¨￦ ‫ڴڵڶ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦ￚ¶©¥·¹¶½￦·¬¥¶©·￦ ‫ڴڵ‬Ζ‫ڴڴڴ‬
ￕ¹¸·¸¥²¨­²«￦·¬¥¶©·￦ ‫ڴڴڶ‬Ζ‫ڴڴڴ‬
￦

‫ڵ‬ϯ￦ ￇ§§¹±¹°¥¸©¨￦ￖ¶³ª­¸·￦￦ ‫ڵ‬Ζ‫ڴڴڼ‬Ζ‫ڴڴڴ‬￦ ￦

￦￦￦σϮ‫ڴڴڶ‬Ζ‫ڴڴڴ‬ϯ￦¼￦‫ܫڴڵ‬￦¼￦ￖ‫ڴڽ‬σ￦
￦ ￦￦￦￦￙¬¥¶©￦¨­º­¨©²¨·￦´¥½¥¦°©￦σϮ‫ڴڴڶ‬Ζ‫ڴڴڴ‬ϯ￦¼￦‫ܫڴڵ‬￦¼￦ￖ‫ڴڸ‬σ￦ ‫ڴڴڼ‬Ζ‫ڴڴڴ‬￦
￦ ￦￦￦￦￙¬¥¶©￦´¶©±­¹±￦³²￦ￕ¶¨­²¥¶½￦·¬¥¶©·￦ ￦ ‫ڵ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
￦ ￦ ￦ ￦

‫ڶ‬ϯ￦ ￇ§§¹±¹°¥¸©¨￦ￖ¶³ª­¸·￦￦ ‫ڵ‬Ζ‫ڴڴں‬Ζ‫ڴڴڴ‬￦ ￦

￦￦￦σϮ‫ڴڴڶ‬Ζ‫ڴڴڴ‬ϯ￦¼￦‫ܫڴڶ‬￦¼￦ￖ‫ڴڸ‬σ￦
￦ ￦￦￦￦￙¬¥¶©￦¨­º­¨©²¨·￦´¥½¥¦°©￦σϮ‫ڴڴڶ‬Ζ‫ڴڴڴ‬ϯ￦¼￦‫ܫڴڶ‬￦¼￦ￖ‫ڴڸ‬σ ‫ڵ‬Ζ‫ڴڴں‬Ζ‫ڴڴڴ‬
￦ ￦ ￦ ￦

‫ڷ‬ϯ￦ ￇ§§¹±¹°¥¸©¨￦ￖ¶³ª­¸·￦￦ ‫ڴڴڵ‬Ζ‫ڴڴڴ‬￦ ￦

￦￦￦σϮ‫ڴڴڶ‬Ζ‫ڴڴڴ‬ϯ￦¼￦‫ڵ‬ϑ‫ڴڴڵ‬￦¼￦ￖ‫ڴڹ‬σ￦
￦ ￦￦￦￙¬¥¶©￦¨­º­¨©²¨·￦´¥½¥¦°©Οￖ￙￦σϮ‫ڴڴڶ‬Ζ‫ڴڴڴ‬ϯ￦¼￦ ￦ ‫ڴڼ‬Ζ‫ڴڴڴ‬￦
‫ڵ‬ϑ‫ڴڴڵ‬￦¼￦ￖ‫ڴڸ‬σ￦
￦ ￦￦￦￙¬¥¶©￦ￖ¶©±­¹±Οￖ￙￦ ￦ ‫ڴڶ‬Ζ‫ڴڴڴ‬￦
￦ ￦ ￦ ￦

‫ڸ‬ϯ￦ ￉¥´­¸¥°￦ￒ­µ¹­¨¥¸©¨￦Ϯￖ‫ڴڵ‬￦¼￦‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦·¬¥¶©·ϯ ‫ڶ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦ ￦

￦ ￦￦￦￦￉¥·¬￦ ￦ ‫ڶ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
￦ ￦ ￦ ￦

‫ڹ‬ϯ￦ ￇ§§¹±¹°¥¸©¨￦ￖ¶³ª­¸·￦ ‫ڴڴں‬Ζ‫ڴڴڴ‬￦ ￦

￦ ￦￦￦￦ￚ¶©¥·¹¶½￦·¬¥¶©· ￦ ‫ڴڴں‬Ζ‫ڴڴڴ‬￦
￦
￦
PROBLEM 32-24 Fractional Share rights
￦

‫ڵ‬Κ ￊ¥¸©￦³ª￦¨©§°¥¶¥¸­³²￦³ª￦·¬¥¶©￦¨­º­¨©²¨·￦
￦ ￘©¸¥­²©¨￦©¥¶²­²«·￦Ϯ‫ڴڴڵ‬Ζ‫ڴڴڴ‬￦¼￦‫ܫڴڷ‬￦¼￦ ‫ڴڹ‬ϯ￦ ‫ڵ‬Ζ‫ڴڴڹ‬Ζ‫ڴڴڴ‬￦
￦ ￦ ￙¬¥¶©￦¨­º­¨©²¨·￦´¥½¥¦°©￦￦ ‫ڵ‬Ζ‫ڴڴڹ‬Ζ‫ڴڴڴ‬￦
￦

‫ڶ‬Κ ￏ··¹¥²§©￦³ª￦ª¹°°￦·¬¥¶©￦¨­º­¨©²¨·￦¥²¨￦¸¬©￦ª¶¥§¸­³²¥°￦·¬¥¶©￦»¥¶¶¥²¸·￦³¶￦¶­«¬¸·￦
￦ ￙¬¥¶©￦¨­º­¨©²¨·￦´¥½¥¦°©￦￦ ‫ڵ‬Ζ‫ڴڴڹ‬Ζ‫ڴڴڴ‬￦
￦ ￦ ￙¬¥¶©￦§¥´­¸¥°￦Ϯ‫ڻڶ‬Ζ‫ڴڴڴ‬￦¼￦ ‫ڴڹ‬ϯ￦ ‫ڵ‬Ζ‫ڴڹڷ‬Ζ‫ڴڴڴ‬￦
￦ ￦￦￦￦￦￦￦￦ￌ¶¥§¸­³²¥°￦»¥¶¶¥²¸·￦³¹¸·¸¥²¨­²«￦ ￦ ￦ ￦￦￦‫ڴڹڵ‬Ζ‫ڴڴڴ‬￦
￦

‫ڷ‬Κ ￏ··¹¥²§©￦ ³ª￦ ª¹°°￦ ·¬¥¶©·￦ ¥·￦ ¥￦ ¶©·¹°¸￦ ³ª￦ ¸¬©￦ ©¼©¶§­·©￦ ³ª￦ ¸¬©￦ ª¶¥§¸­³²¥°￦ ·¬¥¶©￦
»¥¶¶¥²¸·￦
￦ ￌ¶¥§¸­³²¥°￦»¥¶¶¥²¸·￦³¹¸·¸¥²¨­²«￦ ‫ڴڹڵ‬Ζ‫ڴڴڴ‬￦
￦ ￦ ￙¬¥¶©￦§¥´­¸¥°￦Ϯ‫ڶ‬Ζ‫ڴڴڼ‬￦¼￦ ‫ڴڹ‬ϯ￦ ‫ڴڸڵ‬Ζ‫ڴڴڴ‬￦
￦ ￦￦￦￦￦￦￦￦￙¬¥¶©￦´¶©±­¹±Ο¹²©¼©¶§­·©¨￦»¥¶¶¥²¸·￦ ￦ ￦￦￦‫ڴڵ‬Ζ‫ ڴڴڴ‬
￦
￦

332
‫‪CHAPTER 32‬‬

‫ ‪PROBLEM 32-25 Comprehensive Problem‬‬

‫ ‪Questions 1 to 3‬‬
‫ ‬ ‫ ‪Date‬‬ ‫ ‬ ‫ ‪Ordinary Preference‬‬
‫ ‪shares‬‬ ‫ ‪shares‬‬
‫‪ￇΚ￦‬‬ ‫ڸڵڴڶ‪Ζ￦‬ڶ‪￐¥²Κ￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڶ‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڵ‬
‫‪￈Κ￦‬‬ ‫‪￦‬ڹڵڴڶ‪Ζ￦‬ڷ‪￐¥²Κ￦‬‬ ‫‪ϯ￦‬ڶ‪￦¼￦‬ڴڹ‪ϑ‬ڴڴڴ‪Ζ‬ڴڵ‪Ϯ‬‬ ‫‪￦‬ڴڴڸ‬ ‫‪￦‬‬
‫‪￉Κ￦‬‬ ‫‪￦‬ںڵڴڶ‪Ζ￦‬ڵ‪ￓ¥½￦‬‬ ‫‪￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڵ‬ ‫‪￦‬‬
‫‪￈ￇￒ￦‬‬ ‫‪￦‬ںڵڴڶ‪Ζ￦‬ڵڷ‪ￊ©§Κ￦‬‬ ‫ )‪1. (D‬‬ ‫‪￦‬ڴڴڸ‪Ζ‬ڴڷ‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڵ‬
‫‪ￊΚ‬‬ ‫ڻڵڴڶ‪Ζ￦‬ڵ‪￐¥²Κ￦‬‬ ‫‪σ‬ڴڴڸ‪Ζ‬ڴڷ ‪ϯ￦Ο‬ڷ‪￦¼￦‬ڶ‪ϑ‬ڴڴڸ‪Ζ‬ڴڷ‪σϮ‬‬ ‫‪￦‬ڴڴڶ‪Ζ‬ڹڵ‬ ‫‪￦‬‬
‫‪￈ￇￒ‬‬ ‫ڻڵڴڶ‪Ζ￦‬ڵڷ‪ￊ©§Κ￦‬‬ ‫)‪2. (B‬‬ ‫‪￦‬ڴڴں‪Ζ‬ڹڸ‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڵ‬
‫‪￦‬‬ ‫‪￦‬ڼڵڴڶ‪Ζ￦‬ڵ‪￐¥²Κ￦‬‬ ‫‪σ￦‬ڴڴں‪Ζ‬ڹڸ‪ϯ￦Ο￦‬ڶ‪￦¼￦‬ڵ‪ϑ‬ڴڴں‪Ζ‬ڹڸ‪σϮ‬‬ ‫‪￦‬ڴڴں‪Ζ‬ڹڸ‬ ‫‪￦‬‬
‫‪ￋΚ￦‬‬ ‫‪￦‬ڼڵڴڶ‪Ζ￦‬ڵ‪￐¹°½￦‬‬ ‫‪ϯ￦‬ܫڴڶ‪￦¼￦‬ڶ‪￦¼￦‬ڴڴڴ‪Ζ‬ڴڵ‪Ϯ‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڸ‬ ‫‪ϯ￦‬ڴڴڴ‪Ζ‬ڴڵ‪Ϯ‬‬
‫‪￈ￇￒ￦‬‬ ‫‪￦‬ڼڵڴڶ‪Ζ￦‬ڵڷ‪ￊ©§Κ￦‬‬ ‫ )‪3. (A‬‬ ‫‪￦‬ڴڴڶ‪Ζ‬ڹڽ‬ ‫‪Ο￦‬‬
‫‪￦‬‬
‫ ‪Question No. 4‬‬
‫‪ϯ￦‬ڴڴں‪Ζ‬ڹڸ‪￦¼￦‬ڴڹ‪Κ‬ڵ ‪￦Ϯ‬ڴڷ‪￐¹²©￦‬‬ ‫‪￦‬ڴڴڸ‪Ζ‬ڼں‬
‫‪ϯ￦‬ڴڴں‪Ζ‬ڹڸ‪￦¼￦‬ڴڹ‪Κ‬ڶ ‪￦Ϯ‬ڵڷ‪ￊ©§Κ￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڸڵڵ‬
‫‪ￚ³¸¥°￦ￊ­º­¨©²¨·￦ ￦‬‬ ‫ ‬ ‫‪(A)￦‬‬ ‫‪￦‬ڴڴڸ‪Ζ‬ڶڼڵ‬
‫‪￦‬‬
‫ ‪Question No. 5‬‬
‫‪ϯ￦‬ڴڴڶ‪Ζ‬ڵڽ‪￦¼￦‬ڹڶ‪Κ‬ڵ ‪￦Ϯ‬ڴڷ‪￐¹²©￦‬‬ ‫ڴڴڴ‪Ζ‬ڸڵڵ‬
‫‪ϯ￦‬ڴڴڶ‪Ζ‬ڹڽ‪￦¼￦‬ڴڴ‪Κ‬ڵ ‪￦Ϯ‬ڵڷ‪ￊ©§Κ￦‬‬ ‫‪￦‬ڴڴڶ‪Ζ‬ڹڽ‬
‫‪ￚ³¸¥°￦ￊ­º­¨©²¨·￦ ￦‬‬ ‫‪￦‬‬ ‫‪(D)￦‬‬ ‫‪￦‬ڴڴڶ‪Ζ‬ڽڴڶ‬
‫‪￦‬‬
‫ ‪SUMMARY OF ANSWERS:‬‬
‫‪1. D 2. B‬‬ ‫ ‪3. A 4. A 5. D‬‬ ‫ ‬
‫‪￦‬‬
‫‪￦‬‬
‫ ‪PROBLEM 32-26‬‬
‫ ‪Journal entries:‬‬
‫‪￦‬ڹ‪ϑ‬ڵ‬ ‫‪ϯ￦‬ڴڼڵ‪￦¼￦ￖ‬ڴڴڴ‪Ζ‬ڴڶ‪￉¥·¬￦Ϯ‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڴں‪Ζ‬ڷ‬ ‫‪￦‬‬
‫‪￦‬‬ ‫‪ϯ￦‬ڴڴڵ‪￦¼￦ￖ‬ڴڴڴ‪Ζ‬ڴڶ‪￦￦￦ￕ¶¨­²¥¶½￦·¬¥¶©·￦Ϯ‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڴڴ‪Ζ‬ڶ ‪￦‬‬
‫‪￦‬‬ ‫½¶‪￦￦ ￙¬¥¶©￦ￖ¶©±­¹±Οￕ¶¨­²¥‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڴں‪Ζ‬ڵ ‪￦‬‬
‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬

‫‪￦‬ڼڶ‪ϑ‬ڵ‬ ‫‪ϯ￦‬ڴڴڶ‪￦¼￦‬ڴڴڴ‪Ζ‬ں‪ￚ¶©¥·¹¶½￦·¬¥¶©·￦Ϯ‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڴڶ‪Ζ‬ڵ‬ ‫‪￦‬‬

‫‪￦‬‬ ‫‪￦￦￦￉¥·¬￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڴڶ‪Ζ‬ڵ ‪￦‬‬
‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬

‫‪￦‬ڶ‪ϑ‬ڶ‬ ‫‪￦·¬¥¶©·￦ª¶³±￦·¬¥¶©¬³°¨©¶·￦¥·￦¥￦¨³²¥¸­³²Κ￦‬ڴڴڴ‪Ζ‬ڹ‪￘©§©­º©¨￦‬‬
‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬

‫ڸڵ‪ϑ‬ڶ‬ ‫‪ϯ￦‬ڴڶڶ‪￦¼￦‬ڏ‪￦¼￦‬ڴڴڴ‪Ζ‬ں‪￉¥·¬￦Ϯ‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴںں‬ ‫‪￦‬‬

‫‪￦‬‬ ‫‪ϯ￦‬ڴڴڶ‪￦¼￦‬ڏ‪￦¼￦‬ڴڴڴ‪Ζ‬ں‪￦￦￦ￚ¶©¥·¹¶½￦·¬¥¶©·￦Ϯ‬‬ ‫‪￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڴں‬
‫‪￦‬‬ ‫‪￦￦￦￙¬¥¶©￦´¶©±­¹±￦ ￦¸¶©¥·¹¶½￦·¬¥¶©·￦‬‬ ‫‪￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴں‬
‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬

‫‪￦‬ڸڵ‪ϑ‬ڶ‬ ‫‪ϯ￦‬ڴڶڶ‪￦¼￦‬ڴڴڴ‪Ζ‬ڹ‪￉¥·¬￦Ϯ‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڴڵ‪Ζ‬ڵ‬ ‫‪￦‬‬

‫‪￦‬‬ ‫‪￦ ￊ³²¥¸©¨￦§¥´­¸¥°￦Ϯ￙¬¥¶©￦ￖ¶©±­¹±ϯ‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڴڵ‪Ζ‬ڵ ‪￦‬‬
‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬

‫‪￦‬ڹڵ‪ϑ‬ڻ‬ ‫‪ￋµ¹­´±©²¸￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڸڸ‪Ζ‬ڵ‬ ‫‪￦‬‬

‫‪￦‬‬ ‫‪ϯ￦‬ڴڴڶ‪￦¼￦ￖ‬ڴڴڴ‪Ζ‬ڸ‪￦￦￦ￖ¶©ª©¶©²§©￦·¬¥¶©·￦Ϯ‬‬ ‫‪￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڴڼ‬
‫‪￦‬‬ ‫©§‪￦￦ ￙¬¥¶©￦ￖ¶©±­¹±Οￖ¶©ª©¶©²‬‬ ‫‪￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڸں‬
‫‪333‬‬
‫‪CHAPTER 32‬‬
‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬

‫‪ϯ￦‬ڴڹڶ‪￦¼￦ￖ‬ڴڴڴ‪Ζ‬ڼڵ‪￦ ￙¹¦·§¶­´¸­³²·￦¶©§©­º¥¦°©￦Ϯ‬ڹڵ‪ϑ‬ڴڵ‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڴڹ‪Ζ‬ڸ‬ ‫‪￦‬‬

‫‪￦‬‬ ‫‪￦¼￦‬ڴڴڴ‪Ζ‬ڼڵ‪￦ ￙¹¦·§¶­¦©¨￦³¶¨­²¥¶½￦·¬¥¶©·￦Ϯ‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڴڼ‪Ζ‬ڵ ‪￦‬‬
‫‪ϯ￦‬ڴڴڵ‪ￖ‬‬
‫‪￦‬‬ ‫‪￦￦￦￙¬¥¶©￦ￖ¶©±­¹±Οￕ¶¨­²¥¶½￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڴڻ‪Ζ‬ڶ ‪￦‬‬
‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬

‫‪ϯ￦‬ܫڴڸ‪￦¼￦‬ڴڴڴ‪Ζ‬ڴڴڹ‪Ζ‬ڸ‪￦ ￉¥·¬￦Ϯ‬ڹڵ‪ϑ‬ڵڵ‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڴڼ‪Ζ‬ڵ‬ ‫‪￦‬‬

‫‪￦‬‬ ‫‪￦ ￙¹¦·§¶­´¸­³²·￦¶©§©­º¥¦°©￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڴڼ‪Ζ‬ڵ ‪￦‬‬
‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬

‫‪ϯ￦‬ܫڴں‪￦¼￦‬ڴڹڶ‪￦¼￦ￖ‬ڴڴڴ‪Ζ‬ڴڵ‪￦ ￉¥·¬￦Ϯ‬ڻڶ‪ϑ‬ڵڵ‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڴڹ‪Ζ‬ڵ‬ ‫‪￦‬‬

‫‪￦‬‬ ‫‪￦￦￦￙¹¦·§¶­´¸­³²·￦¶©§©­º¥¦°©￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڴڹ‪Ζ‬ڵ ‪￦‬‬
‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬

‫‪￦‬‬ ‫‪￦¼￦‬ڴڴڴ‪Ζ‬ڴڵ‪￙¹¦·§¶­¦©¨￦³¶¨­²¥¶½￦·¬¥¶©·￦Ϯ‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڴڴ‪Ζ‬ڵ‬ ‫‪￦‬‬

‫‪ϯ￦‬ڴڴڵ‪ￖ‬‬
‫‪￦‬‬ ‫‪￦￦￦ￕ¶¨­²¥¶½￦·¬¥¶©·￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڴڴ‪Ζ‬ڵ ‪￦‬‬
‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬

‫‪￦ ￏ²§³±©￦·¹±±¥¶½￦‬ڵڷ‪ϑ‬ڶڵ‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڴڴ‪Ζ‬ڵ‬ ‫‪￦‬‬

‫‪￦‬‬ ‫‪￦￦ ￘©¸¥­²©¨￦©¥¶²­²«·￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڴڴ‪Ζ‬ڵ ‪￦‬‬
‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬

‫‪￦‬‬ ‫‪ￓΟ‬ڶ‪Κ‬ڵ‪￘©¸¥­²©¨￦©¥¶²­²«·Ο¹²¥´´¶³´¶­¥¸©¨￦Ϯ‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڴں‬ ‫‪￦‬‬

‫‪ϯ￦‬ڴڴڴ‪Ζ‬ڴڴں‬
‫‪￦‬‬ ‫‪￦￦￘©¸¥­²©¨￦©¥¶²­²«·￦¥´´¶³´¶­¥¸©¨￦ª³¶￦ￚ￙￦‬‬ ‫‪￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڴں‬
‫‪￦‬‬
‫ ‪Questions 1 to 3‬‬
‫‪￙¹¦·Κ￦‬‬ ‫‪ￚ¶©¥·¹¶½￦‬‬
‫‪ￖ¶©ªΚ￦‬‬ ‫‪ￕ¶¨Κ￦‬‬ ‫‪￙¬¥¶©￦‬‬ ‫‪￘©¸¥­²©¨￦‬‬ ‫‪ￕ¶¨Κ￦‬‬ ‫‪￙¹¦·Κ￦‬‬ ‫‪·¬¥¶©·￦‬‬
‫‪Є￦‬‬ ‫‪·¬¥¶©·￦ ·¬¥¶©·￦ ￖ¶©±­¹±￦ ©¥¶²­²«·￦‬‬ ‫‪·¬¥¶©￦ ￘©§©­º¥¦°©￦‬‬ ‫‪￦‬‬
‫‪￦‬ڴڴڹ‪Ζ‬ڷ ‪￦‬ڴڴڸ‪Ζ‬ڵ ‪￈©«￦¦¥°￦‬‬ ‫‪￦‬ڹڶڽ‪Ζ‬ڵ‬ ‫‪￦‬ڴڴڹ‪Ζ‬ڸ‬ ‫‪￦‬ڴ‬ ‫‪￦‬ڴ‬ ‫‪￦‬ڴ‬
‫‪￦‬ڹ‪￐¥²Κ￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڶ ‪￦‬‬ ‫‪￦‬ڴڴں‪Ζ‬ڵ‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬
‫‪￦‬ڼڶ‪￐¥²Κ￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬ڴڴڶ‪Ζ‬ڵ‬
‫‪￦‬ڸڵ‪ￌ©¦Κ￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬ڴں‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪ϯ￦‬ڴڴں‪Ϯ‬‬
‫‪￦‬ڸڵ‪ￌ©¦Κ￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬ڴڴڵ‪Ζ‬ڵ‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬
‫‪￦‬ڹڵ‪￐¹°½￦‬‬ ‫‪￦‬ڴڴڼ‬ ‫‪￦‬‬ ‫‪￦‬ڴڸں‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬
‫‪￦‬ڹڵ‪ￕ§¸Κ￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬ڴڴڻ‪Ζ‬ڶ‬ ‫‪￦‬‬ ‫‪￦‬ڴڴڼ‪Ζ‬ڵ‬ ‫‪￦‬ڴڴڹ‪Ζ‬ڸ‬ ‫‪￦‬‬
‫‪ￔ³ºΚ￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪ϯ￦‬ڴڴڼ‪Ζ‬ڵ‪Ϯ‬‬ ‫‪￦‬‬
‫‪￦‬ڹڵ‬
‫‪ￔ³ºΚ￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڵ ‪￦‬‬ ‫‪￦‬‬ ‫‪ϯ￦‬ڴڴڴ‪Ζ‬ڵ‪￦ Ϯ‬‬ ‫‪ϯ￦‬ڴڴڹ‪Ζ‬ڵ‪Ϯ‬‬ ‫‪￦‬‬
‫‪￦‬ڻڶ‬
‫‪￦‬ڵڷ‪ￊ©§Κ￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڵ‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬
‫‪ￚ³¸¥°￦‬‬ ‫‪￦‬ڴڴڹ‪Ζ‬ں ‪￦‬ڴڴڶ‪Ζ‬ڶ‬ ‫‪￦‬ڹڶڴ‪Ζ‬ڼ‬ ‫‪￦‬ڴڴڹ‪Ζ‬ڹ‬ ‫‪￦‬ڴڴڼ‬ ‫‪￦‬ڴڴڶ‪Ζ‬ڵ‬ ‫‪￦‬ڴڴں‬
‫ ‬ ‫ ‪ (1)B (2)B (3)A‬‬ ‫ ‬
‫‪￦‬‬
‫‪￦‬‬
‫ ‪Question No. 4‬‬ ‫ )‪(C‬‬
‫‪￘©¸¥­²©¨￦©¥¶²­²«·Ζ￦¸³¸¥°￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڴڹ‪Ζ‬ڹ ‪ￖ￦‬‬
‫‪ￕ¹¸·¸¥²¨­²«￦¦¥°¥²§©￦³ª￦¸¶©¥·¹¶½￦·¸³§¯·￦‬‬ ‫‪ϯ￦‬ڴڴڴ‪Ζ‬ڴڴں ‪Ϯ￦‬‬
‫‪￘©¸¥­²©¨￦©¥¶²­²«·￦ ￦¹²¥´´¶³´¶­¥¸©¨￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڴڽ‪Ζ‬ڸ ‪ￖ￦‬‬
‫‪￦‬‬
‫ ‪Question No. 5‬‬ ‫ )‪(B‬‬
‫‪ￖ¶©ª©¶©²§©￦·¬¥¶©·￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڴڶ‪Ζ‬ڶ ‪ￖ￦‬‬
‫‪ￕ¶¨­²¥¶½￦·¬¥¶©·￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڴڹ‪Ζ‬ں ‪￦‬‬
‫‪334‬‬
CHAPTER 32

￙¹¦·§¶­¦©¨￦³¶¨­²¥¶½￦·¬¥¶©·￦ ￦ ‫ڴڴڼ‬Ζ‫ڴڴڴ‬￦
￙¹¦·§¶­´¸­³²·￦¶©§©­º¥¦°©￦ ￦ Ϯ‫ڵ‬Ζ‫ڴڴڶ‬Ζ‫ڴڴڴ‬ϯ￦
￙¬¥¶©￦´¶©±­¹±￦ ￦ ‫ڼ‬Ζ‫ڹڶڴ‬Ζ‫ڴڴڴ‬￦
￘©¸¥­²©¨￦ￋ¥¶²­²«·￦ ￦ ‫ڹ‬Ζ‫ڴڴڹ‬Ζ‫ڴڴڴ‬￦
ￚ¶©¥·¹¶½￦·¸³§¯·￦ Ϯ￦ ‫ڴڴں‬Ζ‫ڴڴڴ‬ϯ￦
ￚ³¸¥°￦ ￖ‫ڵڶ‬Ζ‫ڹڶڶ‬Ζ‫ڴڴڴ‬￦
￦
SUMMARY OF ANSWERS:
1. B 2. B 3. A 4. C 5. B


PROBLEM 32-27
￦

Pref. Ord. Share Treasury Retained SDP

shares shares Prem shares earnings
￈©«Κ￦ ‫ڴڴڸ‬ ‫ڴڴڶ‬ ‫ڴڹڶ‬￦ ￦ ‫ڴڴڽ‬￦ ￦
￈¥°¥²§©·￦
‫ڵ‬Κ￦ ￦ ￦ ￦ ￦ ￦ ￦
‫ڶ‬Κ￦ ￦ ￦ ￦ ‫ںڷڵ‬￦ ￦ ￦
‫ڷ‬Κ￦ ‫ڸ‬￦ Ϯ‫ںڹ‬ϯ￦ ￦ ￦
‫ڸ‬Κ￦ ‫ڴڹ‬￦ ￦ ‫ڶ‬Κ‫ڹ‬￦ ￦ ￦ ￦
‫ڹ‬Κ￦ ￦ ￦ ‫ڶڹڵ‬￦ ￦ Ϯ‫ڵڻڵ‬ϯ￦ ‫ڽڵ‬￦
‫ں‬Κ￦ ‫ڽڵ‬ ￦ ￦ ￦ Ϯ‫ڽڵ‬ϯ￦
‫ڻ‬Κ￦ ￦ ￦ ￦ ￦ ‫ڶ‬Ζ‫ڴڴڹ‬￦ ￦
‫ڼ‬Κ￦ ￦ ￦ ￦ ￦ Ϯ‫ڼڶڵ‬Κ‫ں‬ϯ￦ ￦
ￚ³¸¥°￦ ‫ڴڹڸ‬￦ ‫ڽڵڶ‬￦ ‫ڼڴڸ‬Κ‫ڹ‬￦ ‫ڴڼ‬￦ ‫ڷ‬Ζ‫ڴڴڵ‬Κ‫ڸ‬￦ ‫ڴ‬￦
1. (B) 2. (C) 4. (B)
￦
￦
Question No. 3 (C)
￘©¸¥­²©¨￦©¥¶²­²«·￦Ϯ·©©￦¸¥¦°©￦¥¦³º©ϯ￦ ￖ￦ ‫ڷ‬Ζ‫ڴڴڵ‬Ζ‫ڴڴڸ‬￦
ￒ©··Ό￦ￚ¶©¥·¹¶½￦·¬¥¶©·￦ ￦ ‫ڴڼ‬Ζ‫ڴڴڴ‬￦
ￓ¥¶¯©¸￦º¥°¹©￦³ª￦·¬¥¶©￦»¥¶¶¥²¸·￦ ￖ￦ ‫ڷ‬Ζ‫ڴڶڴ‬Ζ‫ڴڴڸ‬￦
￦
Question No. 5 (C)
ￖ¶©ª©¶©²§©￦·¬¥¶©·￦ ￖ￦ ‫ڴڹڸ‬Ζ‫ڴڴڴ‬￦
ￕ¶¨­²¥¶½￦·¬¥¶©·￦ ￦ ‫ڽڵڶ‬Ζ‫ڴڴڴ‬￦
￙¬¥¶©￦´¶©±­¹±￦ ￦ ‫ڼڴڸ‬Ζ‫ڴڴڹ‬￦
￘©¸¥­²©¨￦©¥¶²­²«·Ο¸³¸¥°￦ ￦ ‫ڷ‬Ζ‫ڴڴڵ‬Ζ‫ڴڴڸ‬￦
ￚ¶©¥·¹¶½￦·¬¥¶©·￦ ￦ Ϯ‫ڴڼ‬Ζ‫ڴڴڴ‬ϯ￦
￦ ￖ￦ ‫ڸ‬Ζ‫ڻڽڴ‬Ζ‫ڴڴڽ‬￦
￦
Journal entries:
‫ڵ‬Κ￦ ￊ­º­¨©²¨·￦´¥½¥¦°©￦ ‫ڴڶڵ‬Ζ‫ڴڴڴ‬￦ ￦
￦ ￦￦￦￉¥·¬￦ ￦ ‫ڴڶڵ‬Ζ‫ڴڴڴ‬￦
￦ ￦ ￦ ￦

￦ ￖ¶©ª©¶©²§©￦·¬¥¶©￦¨­º­¨©²¨￦Ϯ‫ڸ‬Ζ‫ڴڴڴ‬￦¼￦ￖ‫ڴڵ‬ϯ￦ ‫ڴڸ‬Ζ‫ڴڴڴ‬￦ ￦
335
CHAPTER 32

￦ ￕ¶¨­²¥¶½￦·¬¥¶©·Ο¨­º­¨©²¨·￦Ϯ‫ڴڸ‬Ζ‫ڴڴڴ‬￦¼￦ￖ‫ڶ‬ϯ￦ ‫ڴڼ‬Ζ‫ڴڴڴ‬￦ ￦
￦ ￚ³¸¥°￦¨­º­¨©²¨·￦ ‫ڴڶڵ‬Ζ‫ڴڴڴ‬￦ ￦
￦ ￦ ￦ ￦

‫ڶ‬Κ￦ ￚ¶©¥·¹¶½￦·¬¥¶©·￦Ϯ‫ڷ‬Ζ‫ڴڴڸ‬￦¼￦‫ڴڸ‬ϯ￦ ‫ںڷڵ‬Ζ‫ڴڴڴ‬￦ ￦

￦ ￦￦￦￉¥·¬￦ ￦ ‫ںڷڵ‬Ζ‫ڴڴڴ‬￦
￦ ￦ ￦ ￦

‫ڷ‬Κ￦ ￒ¥²¨￦ ‫ڴں‬Ζ‫ڴڴڴ‬￦

￦ ￦￦￦ￚ¶©¥·¹¶½￦·¬¥¶©·￦Ϯ‫ڵ‬Ζ‫ڴڴڸ‬￦¼￦‫ڴڸ‬ϯ￦ ￦ ‫ںڹ‬Ζ‫ڴڴڴ‬￦
￦ ￦￦￦￙¬¥¶©￦ￖ¶©±­¹±￦ ￦ￚ¶©¥·¹¶©￦·¬¥¶©·￦ ￦ ‫ڸ‬Ζ‫ڴڴڴ‬￦
￦ ￦ ￦ ￦

‫ڸ‬Κ￦ ￉¥·¬￦Ϯ‫ڴڴڹ‬￦¼￦‫ڹڴڵ‬ϯ ‫ڶڹ‬Ζ‫ڴڴڹ‬￦

￦ ￦￦ￖ¶©ª©¶©²§©￦·¬¥¶©·￦Ϯ‫ڴڴڹ‬￦¼￦‫ڴڴڵ‬ϯ￦ ￦ ‫ڴڹ‬Ζ‫ڴڴڴ‬￦
￦ ￙¬¥¶©￦ￖ¶©±­¹±￦ ￦ￖ¶©ª©¶©²§©￦·¬¥¶©·￦ ￦ ‫ڶ‬Ζ‫ڴڴڹ‬￦
￦ ￦ ￦ ￦

‫ڹ‬Κ￦ ￘©¸¥­²©¨￦©¥¶²­²«·￦Ϯ‫ڼڷ‬Ζ‫ڴڴڴ‬￦¼￦‫ڹڸ‬￦¼￦‫ܫڴڵ‬ϯ￦ ‫ڵڻڵ‬Ζ‫ڴڴڴ‬￦ ￦

￦ ￦￦￙¬¥¶©￦¨­º­¨©²¨·￦´¥½¥¦°©￦Ϯ‫ڼڷ‬Ζ‫ڴڴڴ‬￦¼￦‫ڹ‬￦¼￦‫ܫڴڵ‬ϯ ￦ ‫ڽڵ‬Ζ‫ڴڴڴ‬
￦ ￦￦￙¬¥¶©￦ￖ¶©±­¹±￦ ￦ ‫ڶڹڵ‬Ζ‫ڴڴڴ‬￦
￦ ￦ ￦ ￦

￦ ￕ¶¨­²¥¶½￦￙¬¥¶©·￦ￏ··¹©¨￦ ‫ڴڸ‬Ζ‫ڴڴڴ‬￦ ￦
￦ ￒ©··Ό￦ￚ¶©¥·¹¶½￦·¬¥¶©·￦Ϯ‫ڷ‬Ζ‫ڴڴڸ‬Ο‫ڵ‬Ζ‫ڴڴڸ‬ϯ￦ ‫ڶ‬Ζ‫ڴڴڴ‬￦ ￦
￦ ￕ¹¸·¸¥²¨­²«￦·¬¥¶©· ‫ڼڷ‬Ζ‫ڴڴڴ‬￦
￦ ￦ ￦ ￦

‫ں‬Κ￦ ￙¬¥¶©￦¨­º­¨©²¨·￦´¥½¥¦°©￦ ‫ڽڵ‬Ζ‫ڴڴڴ‬￦ ￦

￦ ￦￦ￕ¶¨­²¥¶½￦·¬¥¶©·￦ ￦ ‫ڽڵ‬Ζ‫ڴڴڴ‬
￦ ￦ ￦ ￦

‫ڻ‬Κ￦ ￏ²§³±©￦·¹±±¥¶½￦ ‫ڶ‬Ζ‫ڴڴڹ‬Ζ‫ڴڴڴ‬￦ ￦

￦ ￦￦￦￘©¸¥­²©¨￦©¥¶²­²«·￦¹²¥´´¶³´¶­¥¸©¨￦ ￦ ‫ڶ‬Ζ‫ڴڴڹ‬Ζ‫ڴڴڴ‬￦
￦ ￦ ￦ ￦

‫ڼ‬Κ￦ ￘©¸¥­²©¨￦©¥¶²­²«·￦¹²¥´´¶³´¶­¥¸©¨￦ ‫ڼڶڵ‬Ζ‫ڴڴں‬￦ ￦

￦ ￦￦ￊ­º­¨©²¨·￦´¥½¥¦°© ￦ ‫ڼڶڵ‬Ζ‫ڴڴں‬
￦ ￦ ￦ ￦

￦ ￕϑ￙￦³¹¸·¸¥²¨­²«￦Ϯ‫ڼڷ‬Ζ‫ڴڴڴ‬￦¼￦‫ܫڴڵڵ‬ϯ￦ ‫ڵڸ‬Ζ‫ڴڴڼ‬￦ ￦
￦ ￓ¹°¸­´°½￦¦½Ό￦ￊ­º­¨©²¨·￦´©¶￦·¬¥¶©￦ ￖ‫ڶ‬￦ ‫ڷڼ‬Ζ‫ڴڴں‬￦
￦ ￖ¶©ªΚ￦¨­º­¨©²¨·￦Ϯ‫ڴڹڸ‬Ζ‫ڴڴڴ‬ϑ‫ڴڴڵ‬￦¼￦ￖ‫ڴڵ‬ϯ￦ ￦ ‫ڹڸ‬Ζ‫ڴڴڴ‬￦
￦ ￚ³¸¥° ￦ ‫ڼڶڵ‬Ζ‫ڴڴں‬
￦

SUMMARY OF ANSWERS:
1. B 2. C 3. C 4. B 5. C


PROBLEM 32-28
Subscri Subscri Total Retaine
bed ption Share d Treasu
Pref. Ord. share Receiva Premiu Earnin ry
￦ Shares Shares Capital ble m gs Shares
￈©«Κ￦ ‫ڸ‬Ζ‫ڴڴڴ‬￦ ‫ڴڸڼ‬ ‫ڴڴڵ‬￦ ‫ڶڹ‬ ‫ڼںڽ‬￦ ‫ڹڵ‬Ζ‫ڴڴڴ‬￦ ‫ڸڸ‬
‫ڵ‬Κϯ￦ ￦ ‫ڴڼ‬￦ Ϯ‫ڴڴڵ‬ϯ￦ Ϯ‫ڶڹ‬ϯ￦ ‫ڽ‬Κ‫ں‬￦ ￦
‫ڶ‬Κϯ￦ Ϯ‫ڴڴڶ‬ϯ￦ ‫ڴڸ‬￦ ￦ ‫ڴںڵ‬￦ ￦
‫ڷ‬Κϯ ￦ ‫ڵ‬Ζ‫ڴڹڷ‬ ￦ ‫ڹڻں‬￦ ￦
‫ڸ‬Κϯ￦ ￦ ￦ ‫ڻڶ‬￦ ￦ Ϯ‫ڷڷ‬ϯ￦
‫ڹ‬Κϯ￦ ￦ ￦ ￦ ‫ڴڼڶ‬￦
‫ں‬Κϯ￦ ￦ ￦ ￦ ‫ڶ‬Ζ‫ڴڴڹ‬￦
336
‫‪CHAPTER 32‬‬

‫‪Κϯ￦‬ڻ‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪ϯ￦‬ڻڵڶ‪Ζ‬ڵ‪￦ Ϯ‬‬

‫‪ￚ³¸¥°￦‬‬ ‫‪￦‬ڴڴڼ‪Ζ‬ڷ‬ ‫‪￦‬ڴڵڷ‪Ζ‬ڶ‬ ‫‪￦‬ڴ‬ ‫‪￦‬ڷںڹ‪Ζ‬ںڵ ‪￦‬ں‪Κ‬ڽڷڼ‪Ζ‬ڵ ‪￦‬ڴ‬ ‫‪￦‬ڵڵ‬
‫ ‬ ‫ )‪1. (D‬‬ ‫ )‪2. (C‬‬ ‫ ‬ ‫ ‬ ‫ )‪3. (C‬‬ ‫ ‬ ‫ ‬
‫‪￦‬‬

‫ ‬ ‫‪Ordinary‬‬
‫ ‪Shares‬‬
‫‪￈©«­²²­²«￦¦¥°¥²§©￦Ο￦­··¹©¨￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڸڼ‬
‫½¶‪￈©«­²²­²«￦¦¥°¥²§©￦Ο￦¸¶©¥·¹‬‬ ‫‪ϯ￦‬ڴڴڴ‪Ζ‬ڸ‪Ϯ‬‬
‫‪￦ￏ··¹¥²§©￦³ª￦·¬¥¶©·￦‬ڼڵڴڶ‪Ζ￦‬ڵ‪Κϯ￦ￌ©¦¶¹¥¶½￦‬ڵ‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڼ‬
‫‪￦￉³²º©¶·­³²￦³ª￦´¶©ª©¶©²§©￦·¬¥¶©·￦‬ڼڵڴڶ‪Ζ￦‬ڵ‪Κϯ￦ￓ¥¶§¬￦‬ڶ‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڸ‬
‫‪ϯ￦‬ڶ‪ ¼￦‬ڴڴڹ‪Ζ‬ڻں‪ ￋ¼©¶§­·©￦³ª￦·¸³§¯￦¶­«¬¸·￦Ϯ‬ڼڵڴڶ‪Ζ￦‬ڵ‪Κϯ￦ￇ´¶­°￦‬ڷ‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڹڷڵ‬
‫‪￦‬ڴڷ‪￈¥°¥²§©￦ ￦ￇ´¶­°￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڻڶڶ‬
‫‪￦￘©­··¹¥²§©￦³ª￦¸¶©¥·¹¶½￦·¬¥¶©·￦‬ڼڵڴڶ‪Ζ￦‬ڴڷ‪Κ￦ϯ￦￙©´¸©±¦©¶￦‬ڸ‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڷ‬
‫‪￦‬ڵڷ‪￈¥°¥²§©￦ ￦ￕ§¸³¦©¶￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڷڶ‬
‫‪￦‬‬

‫ ‬ ‫ ‪Preference‬‬
‫ ‪Shares‬‬
‫‪￈©«­²²­²«￦¦¥°¥²§©￦ ­··¹©¨￦¥²¨￦³¹¸·¸¥²¨­²«￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڸ‬
‫‪￦￉³²º©¶·­³²￦­²¸³￦³¶¨­²¥¶½￦·¬¥¶©·￦‬ڼڵڴڶ‪Ζ￦‬ڵ‪Κϯ￦ￓ¥¶§¬￦‬ڶ‬ ‫‪ϯ￦‬ڴڴڴ‪Ζ‬ڶ‪Ϯ‬‬
‫‪￦‬ڵڷ‪￦̲￦ￕ§¸³¦©¶￦‬ڴڷ‪￈¥°¥²§©￦ ￦ￇ´¶­°￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڼڷ‬
‫‪￦‬‬
‫ ‪Computation of dividends:‬‬
‫‪ￕ¶¨­²¥¶½￦·¬¥¶©·Ό‬‬ ‫‪￦‬‬
‫‪ϯ￦‬ڵ‪￦¼￦ￖ‬ڴڴڴ‪Ζ‬ڻڶڶ‪￦Ϯ‬ڴڷ‪￦￦ￇ´¶­°￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڻڶڶ‬
‫‪ϯ￦‬ڵ‪￦¼￦ￖ‬ڴڴڴ‪Ζ‬ڴڷڶ‪￦Ϯ‬ڵڷ‪￦￦ￕ§¸³¦©¶￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڷڶ‬
‫‪ￖ¶©ª©¶©²§©￦·¬¥¶©·Ό￦‬‬ ‫‪￦‬‬
‫‪ϯ￦‬ܫڴڵ‪￦¼￦‬ڴڴڵ‪￦¼￦ￖ‬ڴڴڴ‪Ζ‬ڼڷ‪￦Ϯ‬ڴڷ‪￦￦ￇ´¶­°￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڼڷ‬
‫‪ϯ￦‬ܫڴڵ‪￦¼￦‬ڴڴڵ‪￦¼￦ￖ‬ڴڴڴ‪Ζ‬ڼڷ‪￦Ϯ‬ڵڷ‪￦￦ￕ§¸³¦©¶￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڼڷ‬
‫‪ￚ³¸¥°￦¨­º­¨©²¨·￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڻڵڶ‪Ζ‬ڵ‬
‫‪￦‬‬
‫ ‪Question No. 4‬‬ ‫ ‬ ‫ )‪(B‬‬
‫‪￘©¸¥­²©¨￦©¥¶²­²«·￦Ϯ·©©￦¸¥¦°©￦¥¦³º©ϯ￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڷںڹ‪Ζ‬ںڵ‪ￖ‬‬
‫‪ￒ©··Ό￦ￚ¶©¥·¹¶½￦·¬¥¶©·￦‬‬ ‫‪￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڵڵ‬
‫‪￘©¸¥­²©¨￦©¥¶²­²«·￦Ο￦¹²¥´´¶³´¶­¥¸©¨￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڶڹڹ‪Ζ‬ںڵ‪ￖ‬‬
‫‪￦‬‬
‫ ‪Question No. 5‬‬ ‫ ‬ ‫ )‪(B‬‬
‫‪ￖ¶©ª©¶©²§©￦·¬¥¶©·￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڴڼ‪Ζ‬ڷ‬
‫‪ￕ¶¨­²¥¶½￦￙¬¥¶©·￦‬‬ ‫ڴڴڴ‪Ζ‬ڴڵڷ‪Ζ‬ڶ‬
‫‪￙¬¥¶©￦ￖ¶©±­¹±￦‬‬ ‫‪￦‬ڴڴں‪Ζ‬ڽڷڼ‪Ζ‬ڵ‬
‫‪￘©¸¥­²©¨￦ￋ¥¶²­²«·￦Ο￦ￛ²¥´´¶³´¶­¥¸©¨￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڶڹڹ‪Ζ‬ںڵ‬
‫¨©¸‪￘©¸¥­²©¨￦ￋ¥¶²­²«·￦Ο￦ￇ´´¶³´¶­¥‬‬ ‫ڴڴڴ‪Ζ‬ڵڵ‬
‫‪ￒ©··Ό￦ￚ¶©¥·¹¶½￦￙¬¥¶©·￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڵڵ‬
‫‪￦‬‬ ‫‪￦‬ڴڴں‪Ζ‬ڵڴڹ‪Ζ‬ڸڶ‬
‫‪￦‬‬

‫ ‪SUMMARY OF ANSWERS:‬‬
‫ ‪1. D 2. C 3. C‬‬ ‫ ‪4. B‬‬ ‫ ‪5.‬‬ ‫ ‪B‬‬ ‫ ‬ ‫ ‬ ‫ ‬ ‫ ‬ ‫ ‬ ‫ ‬
‫ ‬
‫‪337‬‬
CHAPTER 32

PROBLEM 32-29
Total
Preference Ordinary Share Retained Treasury
￦ Shares Shares Premium Earnings Shares
￈©«­²²­²« ‫ڴڸڼ‬Ζ‫ڴڴڴ‬ ‫ڴڶڸ‬Ζ‫ڴڴڴ‬￦ ‫ڹڵ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬ ‫ڸڸ‬Ζ‫ڴڴڴ‬￦
ￇΚϯ￦ ‫ڷڵ‬Ζ‫ڴڴڹ‬￦ Ϯ‫ںڵ‬Ζ‫ڴڴڹ‬ϯ￦
￈Κϯ￦ ￙ￖￒￏￚ￦‫ڶ‬￦ª³¶￦‫ڵ‬￦ ￦ ￦
￉Κϯ￦ ￦ Ϯ‫ڴڹں‬Ζ‫ڴڴڴ‬ϯ￦ ￦
ￊΚϯ￦ ‫ڴڴڶ‬Ζ‫ڴڴڴ‬ ‫ڴڸڷ‬Ζ‫ڴڴڴ‬￦ ￦
￦ ‫ڴں‬Ζ‫ڴڴڴ‬￦ ￦
ￋΚϯ￦ ‫ڼ‬Ζ‫ڴڴڴ‬￦ ‫ںڵ‬Ζ‫ڴڴڴ‬￦ ￦
ￌΚϯ Ϯ‫ڴڵ‬Ζ‫ڴڴڴ‬ϯ Ϯ‫ڹ‬Ζ‫ڴڴڴ‬ϯ￦ Ϯ‫ڹڶ‬Ζ‫ڴڴڴ‬ϯ ￦
ￍΚϯ￦ ￦ Ϯ‫ڴڹں‬Ζ‫ڴڴڸ‬ϯ￦ ￦
ￎΚϯ￦ ￦ ‫ڶ‬Ζ‫ڴڴڸ‬Ζ‫ڴڴڴ‬￦ ￦
ￚ³¸¥°￦ ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦ ‫ڼڷڼ‬Ζ‫ڴڴڴ‬￦ ‫ڸڸڼ‬Ζ‫ڴڴڹ‬￦ ‫ںڵ‬Ζ‫ڸڻڴ‬Ζ‫ڴڴں‬￦ ‫ڻڶ‬Ζ‫ڴڴڹ‬￦
￦ 1. (C) 2. (D) 3. (C)￦ ￦ ￦

Computation of cash dividends: Ordinary

Shares
￈©«­²²­²«￦¦¥°¥²§©￦Ο￦­··¹©¨￦ ‫ڸڼ‬Ζ‫ڴڴڴ‬￦
￈©«­²²­²«￦¦¥°¥²§©￦Ο￦¸¶©¥·¹¶½ Ϯ‫ڸ‬Ζ‫ڴڴڴ‬ϯ￦
¥Κ￦￐¥²￦‫ڹڵ‬￦￘©­··¹¥²§©￦³ª￦¸¶©¥·¹¶½￦·¬¥¶©·￦ ‫ڵ‬Ζ‫ڴڴڹ‬￦
￈¥°¥²§©￦ ‫ڵڼ‬Ζ‫ڴڴڹ‬￦
¦Κ￦ￓ¥¶§¬￦‫ڵ‬￦‫ڶ‬￦ª³¶￦‫ڵ‬￦·¬¥¶©￦·´°­¸￦ ‫ڵڼ‬Ζ‫ڴڴڹ‬￦
©Κ￦ￕ§¸³¦©¶￦‫ڵ‬￦ￋ¼©¶§­·©￦³ª￦»¥¶¶¥²¸·￦Ϯ‫ܫڴڼ‬￦¼￦‫ڶ‬Ζ‫ڴڴڴ‬ϯ￦ ‫ڵ‬Ζ‫ڴڴں‬￦
ªΚ￦ￔ³º©±¦©¶￦‫ڶ‬￦￘©¸­¶©±©²¸￦³ª￦·¬¥¶©·￦ Ϯ‫ڶ‬Ζ‫ڴڴڴ‬ϯ￦
￈¥°¥²§©￦ ￦ￊ©§©±¦©¶￦‫ڵڷ‬￦ ‫ڶںڵ‬Ζ‫ڴڴں‬￦
ￓ¹°¸­´°½Ό￦ￊ­º­¨©²¨￦´©¶￦·¬¥¶©￦ ￖ‫ڸ‬￦
ￚ³¸¥°￦¨­º­¨©²¨·￦ ‫ڴڹں‬Ζ‫ڴڴڸ‬￦
￦
Question No. 4 (A)
￘©¸¥­²©¨￦©¥¶²­²«·￦Ϯ·©©￦¸¥¦°©￦¥¦³º©ϯ￦ ￖ‫ںڵ‬Ζ‫ڸڻڴ‬Ζ‫ڴڴں‬￦
ￒ©··Ό￦ￚ¶©¥·¹¶½￦·¬¥¶©·￦ ￦ ‫ڻڶ‬Ζ‫ڴڴڹ‬￦
￘©¸¥­²©¨￦©¥¶²­²«·￦Ο￦¹²¥´´¶³´¶­¥¸©¨￦ ￖ‫ںڵ‬Ζ‫ڻڸڴ‬Ζ‫ڴڴڵ‬￦
￦
Question No. 5 (A)
ￖ¶©ª©¶©²§©￦·¬¥¶©·￦ ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦
ￕ¶¨­²¥¶½￦￙¬¥¶©·￦ ‫ڼڷڼ‬Ζ‫ڴڴڴ‬
￙¬¥¶©￦ￖ¶©±­¹±￦ ‫ڸڸڼ‬Ζ‫ڴڴڹ‬￦
￘©¸¥­²©¨￦©¥¶²­²«·￦Ο¹²¥´´¶³´¶­¥¸©¨￦ ‫ںڵ‬Ζ‫ڻڸڴ‬Ζ‫ڴڴڵ‬￦
￘©¸¥­²©¨￦©¥¶²­²«·￦Ο ¥´´¶³´¶­¥¸©¨ ‫ڻڶ‬Ζ‫ڴڴڹ‬
ￒ©··Ό￦ￚ¶©¥·¹¶½￦￙¬¥¶©·￦ ‫ڻڶ‬Ζ‫ڴڴڹ‬￦
￦ ‫ڻڵ‬Ζ‫ڽڶڽ‬Ζ‫ڴڴں‬￦
￦

SUMMARY OF ANSWERS:
1. C 2. D 3. C 4. A 5. A

338
‫‪CHAPTER 32‬‬

‫ ‪PROBLEM 32-30‬‬
‫ ‬
‫ ‪Preferenc Ordinary‬‬ ‫ ‪Share‬‬ ‫ ‪Retained‬‬ ‫ ‪Treasury‬‬
‫‪￦‬‬ ‫ ‪e Shares‬‬ ‫ ‪Shares‬‬ ‫ ‪Premium Earnings‬‬ ‫ ‪OCI‬‬ ‫ ‪Shares‬‬
‫‪￈©«Κ￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڴڼ‪Ζ‬ڵ ‪￦‬ڴڴڴ‪Ζ‬ڴڴڶ‪Ζ‬ڵ‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڴڷ‪Ζ‬ڶ ‪￦‬ڴڴڴ‪Ζ‬ںڵڵ‪Ζ‬ڵ‬ ‫‪￦‬ڴڸڻ‪Ζ‬ڵں‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڶڸ‬
‫‪￦‬ڸ‪￐¥²Κ￦‬‬ ‫‪￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڴڷ‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڹڸ‬ ‫‪￦‬‬ ‫‪￦‬‬
‫‪￦‬ڶ‪ￓ¥¶Κ￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڴڸ‬ ‫‪￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڴڵ‬ ‫‪￦‬‬ ‫‪￦‬‬
‫‪￦‬ڻ‪ￓ¥½￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڼڵ‬ ‫‪￦‬‬ ‫‪ϯ￦‬ڴڴڴ‪Ζ‬ںڶڵ‪￦ Ϯ‬‬
‫‪￦‬ڵ‪Οª³¶Ο‬ڶ‬
‫‪￦‬ڹڵ‪￐¹²Κ￦‬‬ ‫‪·´°­¸￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬
‫‪￦‬ڶ‪￐¹°Κ￦‬‬ ‫‪￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڼڽ‬ ‫‪￦‬ڴڴڸ‪Ζ‬ںڻڵ‬ ‫‪ϯ￦‬ڴڴڸ‪Ζ‬ڸڻڶ‪Ϯ‬‬ ‫‪￦‬‬
‫‪￦‬ڵ‪ￕ§¸Κ￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬ڴڸڻ‪Ζ‬ڵں‬ ‫‪ϯ￦‬ڴڸڻ‪Ζ‬ڵں‪Ϯ‬‬
‫‪￦‬ڵ‪ￕ§¸Κ￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪ϯ￦‬ڴڼڶ‪Ζ‬ڽڶڷ‪Ϯ‬‬ ‫‪￦‬‬
‫‪￦‬ڹڵ‪ￕ§¸Κ￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڴڸ‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڹ‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڹڽڷ‬ ‫‪￦‬‬ ‫‪￦‬‬
‫‪￦‬ڵ‪ￔ³ºΚ￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪ϯ￦‬ڴڶڷ‪Ζ‬ڶڼ‪Ϯ‬‬ ‫‪￦‬‬ ‫‪￦‬‬
‫‪￦‬ڵڷ‪ￊ©§Κ￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪ϯ￦‬ڴڴڶ‪Ζ‬ڹڼڽ‪Ϯ‬‬ ‫‪￦‬‬ ‫‪￦‬‬
‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڹڶ‪Ζ‬ڶ‬ ‫‪￦‬‬ ‫‪￦‬‬
‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬
‫ ‪Total‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڷڴڶ‪Ζ‬ڶ ‪￦‬ڴڴڴ‪Ζ‬ڴڴڴ‪Ζ‬ڶ‬ ‫‪￦‬ڴڴڸ‪Ζ‬ڹڹڶ‪Ζ‬ڶ‬ ‫‪￦‬ڴڸڹ‪Ζ‬ڴڸڽ‪Ζ‬ڶ‬ ‫‪￦‬ڴ‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڸڽڶ‬
‫‪￦‬‬ ‫ )‪1. (D‬‬ ‫ )‪2. (C‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬
‫‪￦‬‬
‫ ‬ ‫ ‪Ordinary‬‬
‫ ‪Shares‬‬
‫‪￈©«­²²­²«￦¦¥°¥²§©￦ ￦­··¹©¨￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڼڵ‬
‫‪￈©«­²²­²«￦¦¥°¥²§©￦ ¸¶©¥·¹¶½￦‬‬ ‫‪ϯ￦‬ڴڴڴ‪Ζ‬ڴڶ‪Ϯ‬‬
‫‪￦ￏ··¹¥²§©￦³ª￦·¬¥¶©·￦‬ڸ‪￐¥²Κ￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڷ‬
‫‪￦‬ڴڷ‪￈¥°¥²§©￦ ￦￐¥²¹¥¶½￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڽڵ‬
‫·©¶‪￦￘©­··¹¥²§©￦³ª￦¸¶©¥·¹¶½￦·¬¥‬ڻ‪ￓ¥½￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ں‬
‫‪￈¥°¥²§©￦¦©ª³¶©￦·¬¥¶©￦·´°­¸￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ںڽڵ‬
‫‪￦‬ڵ‪￦ª³¶￦‬ڶ‪ￇ¨¨Ό￦￙¬¥¶©￦·´°­¸￦ ￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ںڽڵ‬
‫‪￈¥°¥²§©￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڶڽڷ‬
‫‪￦·¬¥¶©￦¨­º­¨©²¨·￦‬ܫڹ‪￦‬ڶ‪￐¹°½￦‬‬ ‫‪￦‬ڴڴں‪Ζ‬ڽڵ‬
‫·©¶‪￦ￏ··¹¥²§©￦³ª￦·¬¥‬ڹڵ‪ￕ§¸Κ￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڵ‬
‫‪￦‬ڵڷ‪￈¥°¥²§©￦ ￦ￊ©§©±¦©¶￦‬‬ ‫‪￦‬ڴڴں‪Ζ‬ڶڵڸ‬
‫‪￦‬‬
‫ ‬ ‫ ‪Preference‬‬
‫ ‪Shares‬‬
‫‪￈©«­²²­²«￦¦¥°¥²§©￦ ­··¹©¨￦¥²¨￦³¹¸·¸¥²¨­²«￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڶڵ‬
‫‪￦ￏ··¹¥²§©￦³ª￦·¬¥¶©·￦‬ڶ‪ￓ¥¶Κ￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڸ‬
‫‪￦ￏ··¹¥²§©￦³ª￦·¬¥¶©·￦‬ڹڵ‪ￕ§¸³¦©¶￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڸ‬
‫‪￦‬ڵڷ‪￈¥°¥²§©￦ ￦ￊ©§©±¦©¶￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڶ‬

‫ ‪Computation of cash dividends:‬‬

‫‪ￕ¶¨­²¥¶½￦·¬¥¶©·Ό￦‬‬ ‫‪￦‬‬
‫‪ϯ‬ڴڴں‪Ζ‬ڶڵڸ‪￦¼￦‬ڶ‪ Ϯￖ‬ڵڷ‪￦￦ￊ©§￦‬‬ ‫‪￦‬ڴڴڶ‪Ζ‬ڹڶڼ‬
‫‪ￖ¶©ª©¶©²§©￦·¬¥¶©·Ό￦‬‬ ‫‪￦‬‬
‫‪ϯ￦‬ڴڴڴ‪Ζ‬ڴڴڴ‪Ζ‬ڶ‪￦¼￦ￖ‬ܫڼ‪￦Ϯ‬ڵڷ‪￦￦ￊ©§￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴںڵ‬

‫‪339‬‬
‫‪CHAPTER 32‬‬

‫‪ￚ³¸¥°￦¨­º­¨©²¨·￦‬‬ ‫‪￦‬ڴڴڶ‪Ζ‬ڹڼڽ‬

‫ ‪Question No. 3‬‬ ‫ ‬ ‫ )‪(B‬‬

‫‪ￖ¶©ª©¶©²§©￦·¬¥¶©·￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڴڴ‪Ζ‬ڶ‬
‫‪ￕ¶¨­²¥¶½￦·¬¥¶©·￦‬‬ ‫ڴڴڴ‪Ζ‬ڷڴڶ‪Ζ‬ڶ‬
‫‪ￚ³¸¥°￦￙¬¥¶©￦´¶©±­¹±￦‬‬ ‫‪￦‬ڴڴڸ‪Ζ‬ڹڹڶ‪Ζ‬ڶ‬
‫‪￉³²¸¶­¦¹¸©¨￦§¥´­¸¥°￦‬‬ ‫‪￦‬ڴڴڸ‪Ζ‬ڼڹڸ‪Ζ‬ں‬

‫ ‪Question No. 4‬‬ ‫ ‬ ‫ )‪(D‬‬

‫‪￘©¸¥­²©¨￦©¥¶²­²«·Ο¸³¸¥°￦‬‬ ‫‪￦‬ڴڸڹ‪Ζ‬ڴڸڽ‪Ζ‬ڶ‬
‫·©¶‪ￒ©··Ό￦ￇ´´¶³´¶­¥¸©¨￦ª³¶￦ￚ¶©¥·¹¶½￦·¬¥‬‬ ‫ڴڴڴ‪Ζ‬ڸڽڶ‬
‫¨©¸‪￘©¸¥­²©¨￦©¥¶²­²«·Ο¹²¥´´¶³´¶­¥‬‬ ‫ڴڸڹ‪Ζ‬ںڸں‪Ζ‬ڶ‬
‫‪￦‬‬
‫ ‪Question No. 5‬‬ ‫ ‬ ‫ )‪(D‬‬
‫‪ￖ¶©ª©¶©²§©￦·¬¥¶©￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڴڴ‪Ζ‬ڶ‬
‫‪ￕ¶¨­²¥¶½￦·¬¥¶©￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڷڴڶ‪Ζ‬ڶ‬
‫‪ￚ³¸¥°￦·¬¥¶©￦´¶©±­¹±‬‬ ‫‪￦‬ڴڴڸ‪Ζ‬ڹڹڶ‪Ζ‬ڶ‬
‫‪￘©¸¥­²©¨￦©¥¶²­²«·￦ ￦¹²¥´´¶³´¶­¥¸©¨￦‬‬ ‫‪￦‬ڴڸڹ‪Ζ‬ںڸں‪Ζ‬ڶ‬
‫‪￘©¸¥­²©¨￦©¥¶²­²«·￦ ￦¥´´¶³´¶­¥¸©¨￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڸڽڶ‬
‫‪ￒ©··Ό￦ￚ¶©¥·¹¶½￦￙¬¥¶©·￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڸڽڶ‬
‫‪￦‬‬ ‫‪￦‬ڴڸڽ‪Ζ‬ڸڴڵ‪Ζ‬ڽ‬
‫ ‬
‫ ‪SUMMARY OF ANSWERS:‬‬
‫ ‪1. D 2. C 3. B 4. D￦ 5.‬‬ ‫ ‪D‬‬ ‫ ‬ ‫ ‬ ‫ ‬ ‫ ‬ ‫ ‬ ‫ ‬
‫ ‬
‫ ‬
‫ ‪PROBLEM 32-31‬‬
‫‪￦‬‬

‫‪￦‬ڵ‪￐¥²Κ￦‬‬ ‫‪ￒ¥²¨￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڸڷ‬ ‫‪￦‬‬

‫‪￦‬‬ ‫‪ￕ¶«¥²­¾¥¸­³²￦©¼´©²·©￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڸڵ‬ ‫‪￦‬‬
‫‪￦‬‬ ‫‪￦‬ڴڴڵ‪￦¼￦ￖ‬ڴڴڴ‪Ζ‬ڵ‪￦￦ￕ¶¨­²¥¶½￦·¬¥¶©·￦Ϯ‬‬ ‫‪￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڵ‬
‫‪￦‬‬ ‫‪￦￦￙¬¥¶©￦ￖ¶©±­¹±Οￕϑ￙￦‬‬ ‫‪￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڻڸ‬
‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬

‫‪￦‬ڷڶ‪ￌ©¦Κ￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڹڵ‪ϯΟ‬ڴڹڵ‪￦¼￦‬ڴڴڴ‪Ζ‬ڴڶ‪￉¥·¬￦Ϯ‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڹڼ‪Ζ‬ڶ‬ ‫‪￦‬‬

‫‪￦‬‬ ‫‪ϯ￦‬ڴڴڵ‪￦¼￦ￖ‬ڴڴڴ‪Ζ‬ڴڶ‪￦￦ￖ¶©ª©¶©²§©￦·¬¥¶©·￦Ϯ‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڴڴ‪Ζ‬ڶ ‪￦‬‬
‫‪￦‬‬ ‫‪￦￦￙¬¥¶©￦´¶©±­¹±Οￖ￙￦‬‬ ‫‪￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڹڼ‬
‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬

‫‪￦‬ڴڵ‪ￓ¥¶Κ￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڹ‪ϯΟ‬ڴڽڷ‪￦¼￦‬ڴڴڴ‪Ζ‬ں‪￉¥·¬￦Ϯ‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڽڶ‪Ζ‬ڶ‬ ‫‪￦‬‬

‫‪￦‬‬ ‫‪ϯ￦‬ڴڵ‪￦¼￦ￖ‬ڴڴڴ‪Ζ‬ں‪￦￦ￕ¶¨­²¥¶½￦·¬¥¶©·￦Ϯ‬‬ ‫‪￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴں‬
‫‪￦‬‬ ‫‪￦￦￙¬¥¶©￦´¶©±­¹±Οￕ￙￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڷڶ‪Ζ‬ڶ ‪￦‬‬
‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬

‫‪￦‬ڴڵ‪ￇ´¶Κ￦‬‬ ‫‪ϯ￦‬ڴڹڸ‪￦¼￦ￖ‬ڴڴڴ‪Ζ‬ڼ‪￙¹¦·§¶­´¸­³²·￦¶©§©­º¥¦°©￦Ϯ‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڴں‪Ζ‬ڷ‬ ‫‪￦‬‬

‫‪￦‬‬ ‫‪ϯ￦‬ڴڵ‪￦¼￦ￖ‬ڴڴڴ‪Ζ‬ڼ‪￦￦￙¹¦·Κ￦ￕ¶¨­²¥¶½￦·¬¥¶©·￦Ϯ‬‬ ‫‪￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڼ‬
‫‪￦‬‬ ‫‪￦￦￙¬¥¶©￦´¶©±­¹±Οￕ￙￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڶڹ‪Ζ‬ڷ ‪￦‬‬
‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬

‫‪￦‬ڸڵ‪￐¹°½￦‬‬ ‫‪￈¹­°¨­²«￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڼڴ‪Ζ‬ڵ‬ ‫‪￦‬‬

‫‪￦‬‬ ‫‪ϯ￦‬ڴڴڵ‪￦¼￦ￖ‬ڴڴڼ‪Ζ‬ڶ‪￦￦ￖ¶©ª©¶©²§©￦·¬¥¶©·￦Ϯ‬‬ ‫‪￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڼڶ‬
‫‪￦‬‬ ‫‪ϯ‬ڴڴڴ‪Ζ‬ڴڼڶ‪Ο‬ڴڴڴ‪Ζ‬ڴںڸ‪￦￦￙¬¥¶©￦ￖ¶©±­¹±Οￖ￙￦Ϯ‬‬ ‫‪￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڼڵ‬
‫‪340‬‬
‫‪CHAPTER 32‬‬

‫‪￦‬‬ ‫‪ϯ￦‬ڴڵ‪￦¼￦ￖ‬ڴڴڸ‪Ζ‬ڵ‪￦￦ￕ¶¨­²¥¶½￦·¬¥¶©·￦Ϯ‬‬ ‫‪￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڸڵ‬

‫‪￦‬‬ ‫‪ϯ￦‬ڴڴڴ‪Ζ‬ڸڵ‪Ο‬ڴڴڴ‪Ζ‬ڴںڹ‪￦￦￙¬¥¶©￦´¶©±­¹±Οￕ￙￦Ϯ‬‬ ‫‪￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ںڸڹ‬
‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬

‫‪￦‬‬ ‫‪ￌ¥­¶￦º¥°¹©￦³ª￦¸¬©￦¦¹­°¨­²«￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڶڴ‪Ζ‬ڵ‬ ‫‪￦‬‬

‫‪￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴںڹ‪ￒ©··Ό￦ ￌ¥­¶￦ º¥°¹©￦ ³ª￦ ¸¬©￦ ³¶¨­²¥¶½￦ ·¬¥¶©·￦ ￦￦‬‬ ‫‪￦‬‬
‫‪ϯ￦‬ڴڴڸ‪Ζ‬ڵ‪￦¼￦‬ڴڴڶ‪Ζ‬ڵ‪ϑ‬ڴڴڴ‪Ζ‬ڴڼڸ‪Ϯ‬‬
‫‪￦‬‬ ‫‪ￜ¥°¹©￦³ª￦¸¬©￦´¶©ªΚ￦·¬¥¶©·￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴںڸ‪￦‬‬ ‫‪￦‬‬
‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬

‫‪￦‬ڸڵ‪￐¹°½￦‬‬ ‫‪￉¥·¬￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڼڸ‬ ‫‪￦‬‬

‫‪￦‬‬ ‫‪ϯ‬ڴڵ‪￦¼￦ￖ‬ڴڴڶ‪Ζ‬ڵ‪￦￦ￕ¶¨­²¥¶½￦·¬¥¶©·￦Ϯ‬‬ ‫‪￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڶڵ‬
‫‪￦‬‬ ‫‪￦￦￙¬¥¶©￦ￖ¶©±­¹±Οￕ￙￦‬‬ ‫‪￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڼںڸ‬
‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬

‫‪￦‬ڷ‪ￇ¹«Κ￦‬‬ ‫‪￉¥·¬￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڴڼ‪Ζ‬ڶ‬ ‫‪￦‬‬

‫‪￦‬‬ ‫©‪￦￦￙¹¦·§¶­´¸­³²·￦¶©§©­º¥¦°‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڴڼ‪Ζ‬ڶ ‪￦‬‬
‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬

‫‪￦‬‬ ‫‪ϯ￦‬ڴڵ‪￦¼￦ￖ‬ڏ‪￦¼￦‬ڴڴڴ‪Ζ‬ڼ‪￙¹¦·Κ￦ￕ¶¨­²¥¶½￦·¬¥¶©·￦Ϯ‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڸ‬ ‫‪￦‬‬

‫‪￦‬‬ ‫·©¶‪￦￦ￕ¶¨­²¥¶½￦·¬¥‬‬ ‫‪￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڸ‬
‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬

‫‪￦‬ڵ‪ￊ©§Κ￦‬‬ ‫‪￘©¸¥­²©¨￦©¥¶²­²«·￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڼڹ‬ ‫‪￦‬‬

‫‪￦‬‬ ‫‪￦￦ￊ­º­¨©²¨·￦´¥½¥¦°©￦‬‬ ‫‪￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڼڹ‬
‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬

‫‪￦‬‬ ‫‪ϯ‬ܫڴڵ‪￦¼￦‬ڴڴڴ‪Ζ‬ڴڼڶ‪Ζ‬ڶ‪ￖ¶©ªΚ￦¨­º­¨©²¨·￦Ϯ‬‬ ‫‪￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڼڶڶ‬

‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬

‫‪￦‬‬ ‫‪ϯ￦‬ڴڵ‪ϑ‬ڴڴڴ‪Ζ‬ںڷڵ‪ￕ￙￦ￏ··¹©¨￦Ϯ‬‬ ‫‪￦‬ڴڴں‪Ζ‬ڷڵ‬ ‫‪￦‬‬

‫‪￦‬‬ ‫‪ￇ¨¨Ό￦￙¹¦·§¶­¦©¨￦ￕ￙‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڸ‪￦￦‬‬ ‫‪￦‬‬
‫‪￦‬‬ ‫‪ￕ¹¸·¸¥²¨­²«￦·¬¥¶©·￦‬‬ ‫‪￦‬ڴڴں‪Ζ‬ڻڵ‬ ‫‪￦‬‬
‫‪￦‬‬ ‫‪ￓ¹°¸­´°½￦¦½Ό￦ￊ­º­¨©²¨￦´©¶￦·¬¥¶©￦‬‬ ‫‪￦‬ڴڶ‪￦￦￦￦￦￦￦￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڶڹڷ‬
‫‪￦‬‬ ‫‪ￚ³¸¥°￦¨­º­¨©²¨·￦‬‬ ‫‪￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڼڹ‬
‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬

‫‪￦‬ڵڷ‪ￊ©§Κ￦‬‬ ‫‪ￊ­º­¨©²¨·￦´¥½¥¦°©￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڼڶڶ‬ ‫‪￦‬‬

‫‪￦‬‬ ‫‪￦￦￉¥·¬￦‬‬ ‫‪￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڼڶڶ‬
‫‪￦‬‬
‫ ‪Subs.‬‬
‫ ‪SP‬‬ ‫‪Ordinar‬‬ ‫ ‪SP‬‬ ‫‪Subscrib‬‬ ‫‪Receiv‬‬
‫ ‪P/S‬‬ ‫ ‪P/S‬‬ ‫ ‪y Shares‬‬ ‫ ‪O/S‬‬ ‫ ‪ed O/S‬‬ ‫ ‪able‬‬ ‫ ‪R/E‬‬
‫‪￦‬ڵ‪ϑ‬ڵ‬ ‫‪ￖ￦￦￦￦￦￦￦￦Ο￦‬‬ ‫‪ￖ￦￦￦￦￦￦￦￦￦Ο￦‬‬ ‫‪￦‬ڴڵ‪ￖ‬‬ ‫‪￦‬ڴڻڸ‪ￖ￦￦￦￦￦‬‬ ‫‪ￖ￦￦￦￦￦￦￦Ο￦‬‬ ‫‪ￖ￦￦￦￦￦￦￦￦￦Ο￦‬‬
‫‪￦‬ڷڶ‪ϑ‬ڶ‬ ‫‪￦￦‬ڴڴڴ‪Ζ‬ڶ‬ ‫‪￦‬ڴڹڼ‬ ‫‪Ο￦‬‬ ‫‪Ο￦‬‬ ‫‪Ο￦‬‬ ‫‪Ο￦‬‬
‫‪￦‬ڴڵ‪ϑ‬ڷ‬ ‫‪￦‬‬ ‫‪￦‬ڴں‬ ‫‪￦‬ڴڷڶ‪Ζ‬ڶ‬ ‫‪￦‬‬ ‫‪￦‬‬
‫‪￦‬ڴڵ‪ϑ‬ڸ‬ ‫‪￦‬ڴڶڹ‪Ζ‬ڷ‬ ‫‪￦‬ڴڼ‬ ‫‪￦‬ڴڴں‪Ζ‬ڷ‬ ‫‪￦‬‬
‫‪￦‬ڸڵ‪ϑ‬ڻ‬ ‫‪￦￦‬ڴڼڶ‬ ‫‪￦‬ڴڼڵ‬ ‫‪￦‬ڸڵ‬ ‫‪￦‬ںڸڹ‬ ‫‪￦‬‬ ‫‪￦‬‬
‫‪￦‬ڸڵ‪ϑ‬ڻ‬ ‫‪￦‬‬ ‫‪￦‬ڶڵ‬ ‫‪￦￦‬ڼںڸ‬ ‫‪￦‬‬ ‫‪￦‬‬
‫‪￦‬ڷ‪ϑ‬ڼ‬ ‫‪￦‬ڴڸ‬ ‫‪ϯ￦‬ڴڸ‪Ϯ‬‬ ‫‪ϯ￦‬ڴڴڼ‪Ζ‬ڶ‪Ϯ‬‬ ‫‪￦‬‬
‫‪￦‬ڵ‪ϑ‬ڶڵ‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪ϯ￦‬ڼڶڶ‪Ϯ‬‬
‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪ϯ￦‬ڶڹڷ‪Ϯ‬‬
‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬ڴڹ‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬ڴڼڶ‪Ζ‬ڵ‬
‫ ‪Total‬‬ ‫‪￦‬ڴڼڶ‪Ζ‬ڶ‪ￖ‬‬ ‫‪￦‬ڴڷڴ‪Ζ‬ڵ‪ￖ￦‬‬ ‫‪￦‬ںڷڵ‪ￖ￦‬‬ ‫‪￦‬ڸڷڶ‪Ζ‬ڻ‪ￖ￦‬‬ ‫‪￦‬ڴڸ‪ￖ￦￦‬‬ ‫‪￦‬ڴڴڼ‪ￖ‬‬ ‫‪￦‬ڴڴڻ‪ￖ‬‬
‫‪￦‬‬ ‫ )‪1. (B‬‬ ‫ )‪2. (C‬‬ ‫‪3. (C)￦‬‬ ‫‪4. (C)￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪5. (B)￦‬‬
‫‪￦‬‬
‫ ‪Question No. 6‬‬ ‫ )‪(C‬‬
‫‪ￖ¶©ª©¶©²§©￦·¬¥¶©·￦‬‬ ‫‪￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڼڶ‪Ζ‬ڶ‬
‫‪ￕ¶¨­²¥¶½￦·¬¥¶©·￦‬‬ ‫‪￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ںڷڵ‬

‫‪341‬‬
CHAPTER 32

￙¹¦·§¶­¦©¨￦³¶¨­²¥¶½￦·¬¥¶©·￦ ‫ڴڸ‬Ζ‫ڴڴڴ‬￦ ￦
ￒ©··Ό￦￙¹¦·§¶­´¸­³²·￦¶©§©­º¥¦°©￦ ‫ڴڴڼ‬Ζ‫ڴڴڴ‬￦ Ϯ‫ڴںڻ‬Ζ‫ڴڴڴ‬ϯ￦
ￖ¥­¨￦­²￦§¥´­¸¥°Οￖ¶©ªΚ￦·¬¥¶©·￦ ￦ ‫ڵ‬Ζ‫ڴڷڴ‬Ζ‫ڴڴڴ‬￦
ￖ¥­¨￦­²￦§¥´­¸¥°Οￕ¶¨­²¥¶½￦·¬¥¶©·￦ ￦ ‫ڻ‬Ζ‫ڸڷڶ‬Ζ‫ڴڴڴ‬￦
￘©¸¥­²©¨￦©¥¶²­²«·￦ ￦ ‫ڴڴڻ‬Ζ‫ڴڴڴ‬￦
￦ ￦ ‫ڴڵ‬Ζ‫ڴڶں‬Ζ‫ڴڴڴ‬￦

Note:
￦ￚ¬©￦¦³¥¶¨￦³ª￦
¨­¶©§¸³¶·￦³ª￦¥￦ ·¸³§¯￦ §³¶´³¶¥¸­³²￦ ±¥½￦¨©§°¥¶©￦ ¨­º­¨©²¨·￦ ³¹¸￦³ª￦ ¸¬©￦¹²¶©·¸¶­§¸©¨￦
¶©¸¥­²©¨￦©¥¶²­²«·￦»¬­§¬￦·¬¥°°￦¦©￦´¥½¥¦°©￦­²￦§¥·¬Ζ￦­²￦´¶³´©¶¸½Ζ￦³¶￦­²￦·¸³§¯￦¸³￦¥°°￦
·¸³§¯¬³°¨©¶·￦³²￦¸¬©￦¦¥·­·￦³ª￦³¹¸·¸¥²¨­²«￦·¸³§¯￦¬©°¨￦¦½￦¸¬©±Ό￦ￖ¶³º­¨©¨Ζ￦ￚ¬¥¸￦¥²½￦
§¥·¬￦ ¨­º­¨©²¨·￦ ¨¹©￦ ³²￦ delinquent￦ ·¸³§¯￦ ·¬¥°°￦ ª­¶·¸￦ ¦©￦ ¥´´°­©¨￦ ¸³￦ ¸¬©￦ ¹²´¥­¨￦
¦¥°¥²§©￦³²￦¸¬©￦·¹¦·§¶­´¸­³²￦´°¹·￦§³·¸·￦¥²¨￦©¼´©²·©·Ζ￦»¬­°©￦·¸³§¯￦¨­º­¨©²¨·￦·¬¥°°￦
¦©￦»­¸¬¬©°¨￦ª¶³±￦¸¬©￦delinquent stockholder￦¹²¸­°￦¬­·￦¹²´¥­¨￦·¹¦·§¶­´¸­³²￦­·￦
￦
￦

ￚ¬¹·Ζ￦ ¸¬©￦¨­º­¨©²¨￦ ³²￦ ¸¬©￦ ·¹¦·§¶­¦©¨￦ ·¬¥¶©￦ §¥´­¸¥°￦ ­·￦ ´¥­¨￦ ¸³￦¸¬¥¸￦ ·¬¥¶©¬³°¨©¶￦
¦©§¥¹·©￦¬©￦»¥·￦²³¸￦½©¸￦¨©§°¥¶©¨￦¨©°­²µ¹©²¸￦¦½￦§³¶´³¶¥¸­³²Κ￦
￦

SUMMARY OF ANSWERS:
1. B 2. C 3. C 4. C 5. B 6. C
￦
￦
PROBLEM 32-32￦
￦

Question No. 1 (C)

ￖ¶©ª©¶©²§©￦·¬¥¶©·Ζ￦¦©«Κ￦ ￖ￦ ‫ڴڴڼ‬Ζ‫ڴڴڴ‬￦
ￇ¨¨­¸­³²¥°￦­··¹©￦Ϯ‫ڴڶ‬Ζ‫ڴڴڴ‬￦¼￦ￖ‫ڴڵ‬ϯ￦ ￦ ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦
ￚ³¸¥°￦ ￖ￦ ‫ڵ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
￦
Question No. 2 (A)
ￕ¶¨­²¥¶½￦·¬¥¶©·Ζ￦¦©«Κ￦ ￖ￦ ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦
￙¸³§¯￦¨­º­¨©²¨￦Ϯ‫ڷ‬Ζ‫ڴڼڸ‬￦·¬¥¶©·￦¼￦ￖ‫ڹ‬ϯЄ￦ ￦ ‫ڻڵ‬Ζ‫ڴڴڸ‬￦
ￚ³¸¥°￦ ￖ￦ ‫ڻڵڶ‬Ζ‫ڴڴڸ‬￦
￦

ￕ¹¸·¸¥²¨­²«￦·¬¥¶©·Ζ￦¦©«­²²­²«￦ ￦ ‫ڴڸ‬Ζ‫ڴڴڴ‬￦
ￚ¶©¥·¹¶½￦·¬¥¶©·￦¥§µ¹­·­¸­³²￦ ￦ Ϯ‫ڼ‬Ζ‫ڴڴڴ‬ϯ￦
ￚ¶©¥·¹¶½￦·¬¥¶©·￦¶©Ο­··¹©￦ ￦ ‫ڶ‬Ζ‫ڴڴڼ‬￦
ￚ³¸¥°￦³¹¸·¸¥²¨­²«￦·¬¥¶©·￦ ￦ ‫ڸڷ‬Ζ‫ڴڴڼ‬￦
ￓ¹°¸­´°­©¨￦¦½Ό￦ ￦ ‫ܫڴڵ‬￦
ￊ­º­¨©²¨￦·¬¥¶©·￦ ￦ ‫ڷ‬Ζ‫ڴڼڸ‬￦
￦

342
‫‪CHAPTER 32‬‬

‫ ‪Question No. 3‬‬ ‫ )‪(A‬‬

‫‪￙¬¥¶©￦´¶©±­¹±Ζ￦¦©«Κ￦‬‬ ‫‪ￖ￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڸڼڷ‬
‫‪ϯ￦‬ڴڶ‪￦¼￦ￖ‬ڴڴڼ‪Ζ‬ڶ‪￦ ￦Ϯ‬ڴڴڴ‪Ζ‬ڴڴڵ‪ￖ¶©±­¹±￦³²￦¸¶©¥·¹¶½￦·¬¥¶©￦¶©Ο­··¹©￦Ϯ‬‬ ‫‪￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڸڸ‬
‫‪￦·¬¥¶©·￦‬ڴڴڴ‪Ζ‬ڴڶ‪ϯ￦¼￦‬ڴڵ‪￦ ￦ￖ‬ڹڵ‪ￖ¶©±­¹±￦³²￦´¶©ª©¶©²§©￦·¬¥¶©￦­··¹©￦Ϯￖ‬‬ ‫‪￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڴڵ‬
‫‪￦·¬¥¶©·￦‬ڴڼڸ‪Ζ‬ڷ‪ϯ￦¼￦‬ڹ‪￦ ￦ￖ‬ڶڵ‪ￖ¶©±­¹±￦³²￦·¸³§¯￦¨­º­¨©²¨·￦Ϯￖ‬‬ ‫‪￦‬‬ ‫‪￦‬ڴںڷ‪Ζ‬ڸڶ‬
‫‪ￚ³¸¥°￦·¬¥¶©￦´¶©±­¹±Ζ￦©²¨￦‬‬ ‫‪ￖ￦‬‬ ‫‪￦‬ڴںڷ‪Ζ‬ڶڹڹ‬
‫‪￦‬‬
‫ ‪Question No. 4‬‬ ‫ )‪(D‬‬
‫‪￘©¸¥­²©¨￦©¥¶²­²«·Ζ￦¦©«Κ￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڴڸ‪Ζ‬ڶ ‪ￖ￦‬‬
‫‪ￇ¨¨Ό￦ￔ©¸￦ￏ²§³±©￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬
‫‪￦￦￦ￛ²¥¨®¹·¸©¨￦ￔ©¸￦ￏ²§³±©￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڼڻ‪Ζ‬ڵ ‪ￖ￦‬‬
‫‪￦￦￦ￕº©¶·¸¥¸©±©²¸￦­²￦³´©¶¥¸­²«￦©¼´©²·©·￦‬‬ ‫‪￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڴڵ‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڼڼ‪Ζ‬ڵ ‪￦‬‬
‫‪ￒ©··Ό￦ￊ­º­¨©²¨·￦‬‬
‫‪ϯ￦‬ڶڵ‪￦¼￦ￖ‬ڴڼڸ‪Ζ‬ڷ‪￦￦￦￙¸³§¯￦¨­º­¨©²¨·￦Ϯ‬‬ ‫‪ￖ￦‬‬ ‫‪￦‬ڴںڻ‪Ζ‬ڵڸ‬
‫‪￦￦￦￉¥·¬￦¨­º­¨©²¨·Є￦￦‬‬ ‫‪￦‬‬ ‫‪￦‬ڴڸڵ‪Ζ‬ڽڵڵ‬ ‫‪ϯ￦‬ڴڴڽ‪Ζ‬ڴںڵ‪￦ Ϯ‬‬
‫‪￘©¸¥­²©¨￦©¥¶²­²«·Ζ￦¥¨®¹·¸©¨￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬ڴڴڵ‪Ζ‬ڽڵڵ‪Ζ‬ڸ ‪ￖ￦‬‬
‫‪￘©¸¥­²©¨￦©¥¶²­²«·Ζ￦¥´´¶³´¶­¥¸©¨￦ª³¶￦¸¶©¥·¹¶½￦·¬¥¶©·￦‬‬ ‫‪￦‬‬ ‫‪ϯ￦‬ڴڴڴ‪Ζ‬ڸڴڵ‪￦ ￦￦Ϯ‬‬
‫‪￘©¸¥­²©¨￦©¥¶²­²«·Ζ￦¥´´¶³´¶­¥¸©¨￦ª³¶￦´°¥²¸￦©¼´¥²·­³²￦‬‬ ‫‪￦‬‬ ‫‪ϯ￦‬ڴڴڴ‪Ζ‬ڴڴڶ‪Ζ‬ڵ‪￦ Ϯ‬‬
‫‪￘©¸¥­²©¨￦©¥¶²­²«·Ζ￦¹²¥´´¶³´¶­¥¸©¨￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬ڴڴڵ‪Ζ‬ڹڵڼ‪Ζ‬ڶ ‪ￖ￦‬‬
‫‪￦‬‬

‫‪Є￦￉¥·¬￦¨­º­¨©²¨·￦‬‬
‫‪￦‬ڵ‪ϯ￦¼￦ￖ‬ڴڴڴ‪Ζ‬ڴڶ‪￦‬ܩ‪￦‬ڴڴڴ‪Ζ‬ڴڼ‪ￖ¶©ª©¶¶©¨￦·¸³§¯￦¨­º­¨©²¨·￦Ϯ‬‬ ‫‪ￖ￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڴڵ‬
‫‪￦‬ڴڹ‪ϯ￦¼￦ￖΚ‬ڴڼڸ‪Ζ‬ڷ‪￦‬ܩ‪￦‬ڴڴڼ‪Ζ‬ڸڷ‪ￕ¶¨­²¥¶½￦·¬¥¶©·￦Ϯ‬‬ ‫‪￦‬‬ ‫‪￦‬ڴڸڵ‪Ζ‬ڽڵ‬
‫‪ￚ³¸¥°￦§¥·¬￦¨­º­¨©²¨·￦‬‬ ‫‪ￖ￦‬‬ ‫‪￦‬ڴڸڵ‪Ζ‬ڽڵڵ‬
‫‪￦‬‬
‫ ‪Question No. 5‬‬ ‫ )‪(B‬‬
‫‪ϯ￦‬ڴڶ‪￦¼￦ￖ‬ڴڴڴ‪Ζ‬ڼ‪ￚ¶©¥·¹¶½￦·¬¥¶©·￦¥§µ¹­¶©¨￦Ϯ‬‬ ‫‪ￖ￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴںڵ‬
‫‪ϯ￦‬ڴڶ‪￦¼￦ￖ‬ڴڴڼ‪Ζ‬ڶ‪ￚ¶©¥·¹¶½￦·¬¥¶©·￦¶©­··¹©¨￦Ϯ‬‬ ‫‪Ϯ￦‬‬ ‫‪ϯ￦‬ڴڴڴ‪Ζ‬ںڹ‬
‫‪ￚ¶©¥·¹¶½￦·¬¥¶©·Ζ￦©²¨￦‬‬ ‫‪ￖ￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڸڴڵ‬
‫ ‬
‫‪Є￦￉³±´¹¸¥¸­³²￦³ª￦¸¬©￦￉¥·¬￦¨­º­¨©²¨·￦‬‬
‫‪￦‬ڵ‪ϯ￦¼￦ￖ‬ڴڴڴ‪Ζ‬ڴڶ‪￦‬ܩ‪￦‬ڴڴڴ‪Ζ‬ڴڼ‪ￖ¶©ª©¶¶©¨￦·¸³§¯￦¨­º­¨©²¨·￦Ϯ‬‬ ‫‪ￖ￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڴڵ‬
‫‪￦‬ڴڹ‪ϯ￦¼￦ￖΚ‬ڴڼڸ‪Ζ‬ڷ‪￦‬ܩ‪￦‬ڴڴڼ‪Ζ‬ڸڷ‪ￕ¶¨­²¥¶½￦·¬¥¶©·￦Ϯ‬‬ ‫‪￦‬‬ ‫‪￦‬ڴڸڵ‪Ζ‬ڽڵ‬
‫‪ￚ³¸¥°￦§¥·¬￦¨­º­¨©²¨·￦‬‬ ‫‪ￖ￦‬‬ ‫‪￦‬ڴڸڵ‪Ζ‬ڽڵڵ‬
‫‪￦‬‬

‫‪￉³±´¹¸¥¸­³²￦³ª￦¸¬©￦²©¸￦­²§³±©Ό￦‬‬
‫‪ￔ©¸￦ￏ²§³±©￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬
‫‪￦￦￦ￛ²¥¨®¹·¸©¨￦ￔ©¸￦ￏ²§³±©￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڼڻ‪Ζ‬ڵ ‪ￖ￦‬‬
‫‪￦￦￦ￕº©¶·¸¥¸©±©²¸￦­²￦³´©¶¥¸­²«￦©¼´©²·©·￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڴڵ‪￦ ￦￦￦‬‬
‫‪ￇ¨®¹·¸©¨￦²©¸￦­²§³±©￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڼڼ‪Ζ‬ڵ ‪ￖ￦‬‬
‫‪￦‬‬
‫ ‪SUMMARY OF ANSWERS:‬‬
‫ ‪1. C 2. A 3. A‬‬ ‫ ‪4.‬‬ ‫ ‪D‬‬ ‫ ‪5.‬‬ ‫ ‪B‬‬ ‫ ‬ ‫ ‬ ‫ ‬ ‫ ‬ ‫ ‬ ‫ ‬
‫‪￦‬‬
‫ ‬ ‫ ‬

‫‪343‬‬
CHAPTER 32

ADJUSTING JOURNAL ENTRIES:

Entries Made Should be entries Adjusting entries
¥ ￕ¸¬©¶￦ ‫ڴڴڵ‬￦ ￦ ￊ­º­¨©²¨·￦ ‫ڴڴڵ‬￦ ￦ ￊ­º­¨©²¨·￦ ‫ڴڴڵ‬￦ ￦
Κ￦ ³´©¶¥¸­²«￦ ´¥½¥¦°©￦ ´¥½¥¦°©￦
©¼´©²·©￦
￦￦￉¥·¬￦ ￦ ‫ڴڴڵ‬ ￦￦￉¥·¬ ‫ڴڴڵ‬ ￦￦ￕ¸¬©¶￦ ￦ ‫ڴڴڵ‬￦
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￦ ￦ ￙¬¥¶©￦ ‫ڸڶ‬Κ‫ڷ‬ ￙¬¥¶©￦ ￦ ‫ڸڶ‬Κ‫ڷ‬
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￦￦ￕ¶¨­²¥¶½￦ ￦ ‫ڻڵ‬Κ‫ڸ‬￦ ￦￦￦ￕ¶¨­²¥¶½￦ ‫ڻڵ‬Κ‫ڸ‬￦ ￙¬¥¶©￦ ￦ ‫ڻڵ‬Κ‫ڸ‬￦
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Κ￦ ©²¸¶½￦ ©¥¶²­²«·￦￦ ‫ڸڵ‬￦ ©¥¶²­²«·￦￦ ‫ڸڵ‬￦
￦ ￦ ￦￦ￊ­º­¨©²¨·￦ ‫ڽڵڵ‬Κ ￦￦ￊ­º­¨©²¨·￦ ￦ ‫ڽڵڵ‬Κ
´¥½¥¦°©￦ ‫ڸڵ‬￦ ´¥½¥¦°©￦ ‫ڸڵ‬￦
¬ ￘©¸¥­²©¨￦ ‫ڵ‬Ζ‫ڴڶ‬ ￙¥±© NO AJE ￦ ￦
Κ￦ ©¥¶²­²«·Ο ‫ڴ‬￦
¹²¥´´¶³´¶­
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￦￦￘©¸¥­²©¨￦ ￦ ‫ڵ‬Ζ‫ڴڶ‬ ￦ ￦ ￦
©¥¶²­²«·￦ ‫ڴ‬￦
344
‫‪CHAPTER 32‬‬

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‫‪¨￦ ª³¶￦ ´°¥²¸￦‬‬
‫‪©¼´¥²·­³²￦‬‬
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‫‪©²¸¶½￦‬‬ ‫‪·¹±±¥¶½￦‬‬ ‫‪￦‬ڴ‬ ‫‪·¹±±¥¶½￦‬‬ ‫‪￦‬ڴ‬
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‫‪￦‬‬ ‫‪ￕ¶¨­²¥¶½￦·¬¥¶©·￦‬‬
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‫‪￦‬‬ ‫‪ￚ³¸¥°￦§¥·¬￦¨­º­¨©²¨·￦‬‬ ‫‪￦‬‬ ‫‪ￖ￦‬‬ ‫‪￦‬ڴڸڵ‪Ζ‬ڽڵڵ‬
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‫‪￦￦￦ￛ²¥¨®¹·¸©¨￦ￔ©¸￦ￏ²§³±©￦￦‬‬ ‫‪￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڼڻ‪Ζ‬ڵ‪ￖ￦￦￦￦￦￦￦￦￦￦￦‬‬
‫‪￦￦￦ￕº©¶·¸¥¸©±©²¸￦­²￦‬‬
‫‪￦￦￦￦￦³´©¶¥¸­²«￦©¼´©²·©·￦ ￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦￦‬ڴڴڴ‪Ζ‬ڴڴڵ‬
‫‪ￇ¨®¹·¸©¨￦²©¸￦­²§³±©￦‬‬ ‫‪￦￦￦‬‬ ‫‪￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڼڼ‪Ζ‬ڵ‪ￖ￦￦￦￦￦￦￦￦￦￦‬‬

‫‪345‬‬
Chapter 33 Share-based Payment

CHAPTER 33: SHARE-BASED PAYMENT

PROBLEM 33-1 Service Condition

SCENARIO 1 2018 2019 2020
ￚ³¸¥°￦ￔ¹±¦©¶￦³ª￦·¸³§¯￦³´¸­³²·￦ ￦ ￦ ￦
Ϯ‫ڴڹ‬Ζ‫ڴڴڴ‬￦¼￦‫ܫڴڼ‬ϯ￦ ‫ڴڸ‬Ζ‫ڴڴڴ‬￦ ‫ڴڸ‬Ζ‫ڴڴڴ‬￦ ‫ڴڸ‬Ζ‫ڴڴڴ‬￦
ￓ¹°¸­´°½￦¦½Ό￦ￌ¥­¶￦º¥°¹©￦ ‫ڹڵ‬￦ ‫ڹڵ‬￦ ‫ڹڵ‬￦
ￚ³¸¥°￦ￌ¥­¶￦ￜ¥°¹©￦ ‫ڴڴں‬Ζ‫ڴڴڴ‬￦ ‫ڴڴں‬Ζ‫ڴڴڴ‬￦ ‫ڴڴں‬Ζ‫ڴڴڴ‬￦
ￓ¹°¸­´°½￦¦½Ό￦￘¥¸­³￦ ‫ڵ‬ϑ‫ڷ‬￦ ‫ڶ‬ϑ‫ڷ‬￦ ‫ڵ‬￦
￉¹±¹°¥¸­º©￦§³±´©²·¥¸­³²￦ ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦ ‫ڴڴڸ‬Ζ‫ڴڴڴ‬￦ ‫ڴڴں‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦￉¹±¹°¥¸­º©￦￉³±´￦´¶©º￦½©¥¶·￦ Ο￦ ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦ ‫ڴڴڸ‬Ζ‫ڴڴڴ‬￦
￉³±´©²·¥¸­³²￦©¼´©²·©￦ ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦ ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦ ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦

SUMMARY OF ANSWERS:
‫ڵ‬Κ￦ A ‫ڶ‬Κ￦ A ‫ڷ‬Κ￦ A ￦ ￦ ￦


SCENARIO 2 2018 2019 2020
ￚ³¸¥°￦ￔ³Κ￦³ª￦·¸³§¯￦³´¸­³²·￦ ‫ڶڸ‬Ζ‫ڴڴڹ‬￦ ‫ڸڸ‬Ζ‫ڴڴڴ‬￦ ‫ڸڸ‬Ζ‫ڴڴڷ‬￦
ￓ¹°¸­´°½￦¦½Ό￦ￌ¥­¶￦º¥°¹©￦ ‫ڹڵ‬￦ ‫ڹڵ‬￦ ‫ڹڵ‬￦
ￚ³¸¥°￦ￌ¥­¶￦ￜ¥°¹©￦ ‫ڻڷں‬Ζ‫ڴڴڹ‬￦ ‫ڴںں‬Ζ‫ڴڴڴ‬￦ ‫ڸںں‬Ζ‫ڴڴڹ‬￦
ￓ¹°¸­´°½￦¦½Ό￦￘¥¸­³￦ ‫ڵ‬ϑ‫ڷ‬￦ ‫ڶ‬ϑ‫ڷ‬￦ ‫ڷ‬ϑ‫ڷ‬￦
￉¹±¹°¥¸­º©￦§³±´©²·¥¸­³²￦ ‫ڶڵڶ‬Ζ‫ڴڴڹ‬￦ ‫ڴڸڸ‬Ζ‫ڴڴڴ‬￦ ‫ڸںں‬Ζ‫ڴڴڹ‬￦
ￒ©··Ό￦￉¹±¹°¥¸­º©￦￉³±´￦´¶©º￦½©¥¶·￦ Ο￦ ‫ڶڵڶ‬Ζ‫ڴڴڹ‬￦ ‫ڴڸڸ‬Ζ‫ڴڴڴ‬￦
￉³±´©²·¥¸­³²￦©¼´©²·©￦ ‫ڶڵڶ‬Ζ‫ڴڴڹ‬￦ ‫ڻڶڶ‬Ζ‫ڴڴڹ‬￦ ‫ڸڶڶ‬Ζ‫ڴڴڹ‬￦
￦
￦ ￚ³¸¥°￦ￔ³Κ￦³ª￦·¸³§¯￦³´¸­³²·￦ ￦
‫ڼڵڴڶ‬￦ Ϯ‫ڴڹ‬Ζ‫ڴڴڴ‬￦¼￦‫ܫڹڼ‬ϯ￦ ‫ڶڸ‬Ζ‫ڴڴڹ‬￦
‫ڽڵڴڶ‬￦ Ϯ‫ڴڹ‬Ζ‫ڴڴڴ‬￦￞￦‫ܫڼڼ‬ϯ￦ ‫ڸڸ‬Ζ‫ڴڴڴ‬￦
‫ڴڶڴڶ‬￦￦ Ϯ‫ڷڸڸ‬￦©±´°￦¼￦‫ڴڴڵ‬ϯ￦￦￦ ‫ڷڸڸ‬Ζ‫ڴڴڴ‬￦

SUMMARY OF ANSWERS:
‫ڵ‬Κ￦ A ‫ڶ‬Κ￦ C ‫ڷ‬Κ￦ B ￦ ￦ ￦


PROBLEM 33-2￦Grant with a performance condition, in which the length of the
vesting period varies
￦ 2018 2019 2020
ￔ³Κ￦³ª￦·¸³§¯￦³´¸­³²·￦ ‫ڴڴڵ‬￦ ‫ڴڴڵ‬￦ ‫ڴڴڵ‬￦
ￓ¹°¸­´°½￦¦½Ό￦©±´°³½©©·￦©²¸­¸°©¨￦ ‫ڴڸڸ‬￦ ‫ڻڵڸ‬￦ ‫ڽڵڸ‬￦
ￚ³¸¥°￦ ‫ڸڸ‬Ζ‫ڴڴڴ‬￦ ‫ڵڸ‬Ζ‫ڴڴڻ‬￦ ‫ڵڸ‬Ζ‫ڴڴڽ‬￦
ￓ¹°¸­´°½￦¦½Ό￦ￌ¥­¶￦º¥°¹©￦ ‫ڴڷ‬￦ ‫ڴڷ‬￦ ‫ڴڷ‬￦
ￚ³¸¥°￦ￌ¥­¶￦ￜ¥°¹©￦ ‫ڵ‬Ζ‫ڴڶڷ‬Ζ‫ڴڴڴ‬￦ ‫ڵ‬Ζ‫ڵڹڶ‬Ζ‫ڴڴڴ‬￦ ‫ڵ‬Ζ‫ڻڹڶ‬Ζ‫ڴڴڴ‬￦
ￓ¹°¸­´°½￦¦½Ό￦￘¥¸­³￦ ‫ڏ‬￦ ‫ڶ‬ϑ‫ڷ‬￦ ‫ڷ‬ϑ‫ڷ‬￦
346
Chapter 33 Share-based Payment

￉¹±¹°¥¸­º©￦§³±´©²·¥¸­³²￦ ‫ڴںں‬Ζ‫ڴڴڴ‬￦ ‫ڸڷڼ‬Ζ‫ڴڴڴ‬￦ ‫ڵ‬Ζ‫ڻڹڶ‬Ζ‫ڴڴڴ‬￦

ￒ©··Ό￦￉¹±¹°¥¸­º©￦￉³±´￦´¶©º￦½©¥¶·￦ Ο￦ ‫ڴںں‬Ζ‫ڴڴڴ‬￦ ‫ڸڷڼ‬Ζ‫ڴڴڴ‬￦
￉³±´©²·¥¸­³²￦©¼´©²·©￦ ‫ڴںں‬Ζ‫ڴڴڴ‬￦ ‫ڸڻڵ‬Ζ‫ڴڴڴ‬￦ ‫ڷڶڸ‬Ζ‫ڴڴڴ‬￦
￦
￦ ‫ڼڵڴڶ‬￦ ‫ڽڵڴڶ‬￦ ‫ڴڶڴڶ‬￦
ￔ³Κ￦³ª￦©±´°³½©©·￦ ‫ڴڴڹ‬￦ ‫ڴڴڹ‬￦ ‫ڴڴڹ‬￦
ￒ©··Ό￦ￋ±´°³½©©·￦»¬³￦°©ª¸￦ ‫ڴڷ‬￦ ‫ڼڹ‬￦ ‫ڵڼ‬￦
ￒ©··Ό￦ￋ±´°³½©©·￦»¬³‫ك‬°°￦°©¥º©￦ ‫ڴڷ‬￦ ‫ڹڶ‬￦ ￦
ￋ±´°³½©©·￦©²¸­¸°©¨￦ ‫ڴڸڸ‬￦ ‫ڻڵڸ‬￦ ‫ڽڵڸ‬￦

SUMMARY OF ANSWERS:
‫ڵ‬Κ￦ A ‫ڶ‬Κ￦ A ‫ڷ‬Κ￦ E ‫ڸ‬Κ￦ D ‫ڹ‬Κ￦ A ￦


PROBLEM 33-3 Performance Condition, Nonmarket condition, # of equity
instruments varies

2018 2019 2020
ￔ³Κ￦³ª￦·¬¥¶©￦³´¸­³²·￦ ‫ڴڹ‬￦ ‫ڴڹ‬￦ ‫ڴڴڵ‬￦
ￓ¹°¸­´°½￦¦½Ό￦ￔ³Κ￦³ª￦©±´°³½©©·￦©²¸­¸°©¨￦ ‫ڴڴڶ‬￦ ‫ڴڴڶ‬￦ ‫ڴڴڶ‬￦
ￚ³¸¥°￦·¬¥¶©￦³´¸­³²·￦ ‫ڴڵ‬Ζ‫ڴڴڴ‬￦ ‫ڴڵ‬Ζ‫ڴڴڴ‬￦ ‫ڴڵ‬Ζ‫ڴڴڴ‬￦
ￓ¹°¸­´°½￦¦½Ό￦ￌ¥­¶￦º¥°¹©￦ ‫ڴڷ‬￦ ‫ڴڷ‬￦ ‫ڴڷ‬￦
ￚ³¸¥°￦ￌ¥­¶￦ￜ¥°¹©￦ ‫ڴڴڷ‬Ζ‫ڴڴڴ‬￦ ‫ڴڴڷ‬Ζ‫ڴڴڴ‬￦ ‫ڴڴں‬Ζ‫ڴڴڴ‬￦
ￓ¹°¸­´°½￦¦½Ό￦￘¥¸­³￦ ‫ڵ‬ϑ‫ڷ‬￦ ‫ڶ‬ϑ‫ڷ‬￦ ‫ڷ‬ϑ‫ڷ‬￦
￉¹±¹°¥¸­º©￦§³±´©²·¥¸­³²￦ ‫ڴڴڵ‬Ζ‫ڴڴڴ‬￦ ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦ ‫ڴڴں‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦￉¹±¹°¥¸­º©￦￉³±´￦´¶©º￦½©¥¶·￦ Ο￦ ‫ڴڴڵ‬Ζ‫ڴڴڴ‬￦ ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦
￉³±´©²·¥¸­³²￦©¼´©²·©￦ ‫ڴڴڵ‬Ζ‫ڴڴڴ‬￦ ‫ڴڴڵ‬Ζ‫ڴڴڴ‬￦ ‫ڴڴڸ‬Ζ‫ڴڴڴ‬￦
￦
SUMMARY OF ANSWERS:
‫ڵ‬Κ￦ A ‫ڶ‬Κ￦ A ‫ڷ‬Κ￦ D ￦ ￦ ￦


PROBLEM 33-4 Grant with a performance condition, in which the exercise price
varies
Year 1 Year 2 Year 3
ￔ³Κ￦³ª￦·¸³§¯￦³´¸­³²·￦ ‫ڴڷ‬Ζ‫ڴڴڴ‬￦ ‫ڴڷ‬Ζ‫ڴڴڴ‬￦ ‫ڴڷ‬Ζ‫ڴڴڴ‬￦
ￚ³¸¥°￦·¬¥¶©￦³´¸­³²·￦ ‫ںڵ‬￦ ‫ںڵ‬￦ ‫ڶڵ‬￦
ￓ¹°¸­´°½￦¦½Ό￦ￌ¥­¶￦º¥°¹©￦ ‫ڴڼڸ‬Ζ‫ڴڴڴ‬￦ ‫ڴڼڸ‬Ζ‫ڴڴڴ‬￦ ‫ڴںڷ‬Ζ‫ڴڴڴ‬￦
ￚ³¸¥°￦ￌ¥­¶￦ￜ¥°¹©￦ ‫ڵ‬ϑ‫ڷ‬￦ ‫ڶ‬ϑ‫ڷ‬￦ ‫ڵ‬￦
ￓ¹°¸­´°½￦¦½Ό￦￘¥¸­³￦ ‫ڴںڵ‬Ζ‫ڴڴڴ‬￦ ‫ڴڶڷ‬Ζ‫ڴڴڴ‬￦ ‫ڴںڷ‬Ζ‫ڴڴڴ‬￦
￉¹±¹°¥¸­º©￦§³±´©²·¥¸­³²￦ Ο￦ ‫ڴںڵ‬Ζ‫ڴڴڴ‬￦ ‫ڴڶڷ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦￉¹±¹°¥¸­º©￦￉³±´￦´¶©º￦½©¥¶·￦ ‫ڴںڵ‬Ζ‫ڴڴڴ‬￦ ‫ڴںڵ‬Ζ‫ڴڴڴ‬￦ ‫ڴڸ‬Ζ‫ڴڴڴ‬￦

SUMMARY OF ANSWERS:
‫ڵ‬Κ￦ B ‫ڶ‬Κ￦ C ‫ڷ‬Κ￦ B ￦ ￦ ￦
347
Chapter 33 Share-based Payment

PROBLEM 33-5 Grant with a market condition

2018 2019 2020
ￚ³¸¥°￦·¬¥¶©￦³´¸­³²·￦ ‫ڹ‬Ζ‫ڴڴڴ‬￦ ‫ڹ‬Ζ‫ڴڴڴ‬￦ ‫ڹ‬Ζ‫ڴڴڴ‬￦
ￓ¹°¸­´°½￦¦½Ό￦ￌ¥­¶￦º¥°¹©￦ ‫ڸڶ‬￦ ‫ڸڶ‬￦ ‫ڸڶ‬￦
ￚ³¸¥°￦ￌ¥­¶￦ￜ¥°¹©￦ ‫ڴڶڵ‬Ζ‫ڴڴڴ‬￦ ‫ڴڶڵ‬Ζ‫ڴڴڴ‬￦ ‫ڴڶڵ‬Ζ‫ڴڴڴ‬￦
ￓ¹°¸­´°½￦¦½Ό￦￘¥¸­³￦ ‫ڵ‬ϑ‫ڷ‬￦ ‫ڶ‬ϑ‫ڷ‬￦ ‫ڵ‬￦
￉¹±¹°¥¸­º©￦§³±´©²·¥¸­³²￦ ‫ڴڸ‬Ζ‫ڴڴڴ‬￦ ‫ڴڼ‬Ζ‫ڴڴڴ‬￦ ‫ڴڶڵ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦￉¹±¹°¥¸­º©￦￉³±´￦´¶©º￦½©¥¶·￦ Ο￦ ‫ڴڸ‬Ζ‫ڴڴڴ‬￦ ‫ڴڼ‬Ζ‫ڴڴڴ‬￦
ￓ¹°¸­´°½￦¦½Ό￦ￌ¥­¶￦º¥°¹©￦ ‫ڴڸ‬Ζ‫ڴڴڴ‬￦ ‫ڴڸ‬Ζ‫ڴڴڴ‬￦ ‫ڴڸ‬Ζ‫ڴڴڴ‬￦

SUMMARY OF ANSWERS:
‫ڵ‬Κ￦ B ‫ڶ‬Κ￦ B ‫ڷ‬Κ￦ B ￦ ￦ ￦


PROBLEM 33-6 Grant with a market condition, in which the length of the vesting
period varies

2018 2019 2020 2021 2022
ￔ³Κ￦³ª￦·¸³§¯￦³´¸­³²·￦ ‫ڴڼ‬Ζ‫ڴڴڴ‬￦ ‫ڴڼ‬Ζ‫ڴڴڴ‬￦ ‫ڴڼ‬Ζ‫ڴڴڴ‬￦ ‫ڴڼ‬Ζ‫ڴڴڴ‬￦ ‫ڴڻ‬Ζ‫ڴڴڴ‬￦
ￓ¹°¸­´°½￦¦½Ό￦ￌ¥­¶￦º¥°¹©￦ ‫ڹڶ‬￦ ‫ڹڶ‬￦ ‫ڹڶ‬￦ ‫ڹڶ‬￦ ‫ڹڶ‬￦
ￚ³¸¥°￦ￌ¥­¶￦ￜ¥°¹© ‫ڶ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦ ‫ڶ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦ ‫ڶ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦ ‫ڶ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦ ‫ڵ‬Ζ‫ڴڹڻ‬Ζ‫ڴڴڴ‬￦
ￓ¹°¸­´°½￦¦½Ό￦￘¥¸­³￦ ‫ڵ‬ϑ‫ڹ‬￦ ‫ڶ‬ϑ‫ڹ‬￦ ‫ڷ‬ϑ‫ڹ‬￦ ‫ڸ‬ϑ‫ڹ‬￦ ‫ڹ‬ϑ‫ڹ‬￦
￉¹±Κ￦§³±´©²·¥¸­³²￦ ‫ڴڴڸ‬Ζ‫ڴڴڴ‬￦ ‫ڴڴڼ‬Ζ‫ڴڴڴ‬￦ ‫ڵ‬Ζ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦ ‫ڵ‬Ζ‫ڴڴں‬Ζ‫ڴڴڴ‬￦ ‫ڵ‬Ζ‫ڴڹڻ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦￉¹±¹°¥¸­º©￦￉³±´￦
´¶©º￦½©¥¶·￦ Ο￦ ‫ڴڴڸ‬Ζ‫ڴڴڴ‬￦ ‫ڴڴڼ‬Ζ‫ڴڴڴ‬￦ ‫ڵ‬Ζ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦ ‫ڵ‬Ζ‫ڴڴں‬Ζ‫ڴڴڴ‬￦
ￓ¹°¸­´°½￦¦½Ό￦ￌ¥­¶￦º¥°¹©￦ ‫ڴڴڸ‬Ζ‫ڴڴڴ‬￦ ‫ڴڴڸ‬Ζ‫ڴڴڴ‬￦ ‫ڴڴڸ‬Ζ‫ڴڴڴ‬￦ ‫ڴڴڸ‬Ζ‫ڴڴڴ‬￦ ‫ڴڹڵ‬Ζ‫ڴڴڴ‬￦

SUMMARY OF ANSWERS:
‫ڵ‬Κ￦ B ‫ڶ‬Κ￦ B ‫ڷ‬Κ￦ C ‫ڸ‬Κ￦ B ‫ڹ‬Κ￦ B ￦


PROBLEM 33-7 Grant of share options that are subsequently repriced
2018 2019 2020
ￔ³Κ￦³ª￦·¸³§¯￦³´¸­³²·￦ ‫ڴڴڵ‬￦ ‫ڴڴڵ‬￦ ‫ڴڴڵ‬￦
ￓ¹°¸­´°½￦¦½Ό￦©±´°³½©©·￦©²¸­¸°©¨￦ ‫ڴڽڶ‬￦ ‫ڹڽڶ‬￦ ‫ڻڽڶ‬￦
ￚ³¸¥°￦·¸³§¯￦³´¸­³²·￦ ‫ڽڶ‬Ζ‫ڴڴڴ‬￦ ‫ڽڶ‬Ζ‫ڴڴڹ‬￦ ‫ڽڶ‬Ζ‫ڴڴڻ‬￦
ￓ¹°¸­´°½￦¦½Ό￦ￌ¥­¶￦º¥°¹©￦ ‫ڹڵ‬￦ ‫ڹڵ‬￦ ‫ڽڵ‬￦
ￚ³¸¥°￦ￌ¥­¶￦ￜ¥°¹©￦ ‫ڹڷڸ‬Ζ‫ڴڴڴ‬￦ ‫ڶڸڸ‬Ζ‫ڴڴڹ‬￦ ‫ڸںڹ‬Ζ‫ڴڴڷ‬￦
ￓ¹°¸­´°½￦¦½Ό￦￘¥¸­³￦ ‫ڵ‬ϑ‫ڷ‬￦ ‫ڶ‬ϑ‫ڷ‬￦ ‫ڷ‬ϑ‫ڷ‬￦
￉¹±¹°¥¸­º©￦§³±´©²·¥¸­³²￦ ‫ڹڸڵ‬Ζ‫ڴڴڴ‬￦ ‫ڹڽڶ‬Ζ‫ڴڴڴ‬￦ ‫ڸںڹ‬Ζ‫ڴڴڷ‬￦
ￇ¨¨Ό￦ￏ²§¶©±©²¸¥°￦©¼´￦ ￦ ￦ ￦
No. of stock options 100
Multiply by: Employees entitled 295
Total 29,500
Multiply by: Incremental value (10-6) 4

348
Chapter 33 Share-based Payment

Total 118,000
Multiply by: Ratio 1/2
ￚ³¸¥°￦­²§¶©±©²¸¥°￦©¼´©²·©￦ Ο￦ ‫ڽڹ‬Ζ‫ڴڴڴ‬￦ ￦
ￚ³¸¥°￦￉¹±¹°¥¸­º©￦§³±´Κ￦ ‫ڹڸڵ‬Ζ‫ڴڴڴ‬￦ ‫ڸڹڷ‬Ζ‫ڴڴڴ‬￦ ‫ڸںڹ‬Ζ‫ڴڴڷ‬￦
ￒ©··Ό￦￉¹±Κ￦￉³±´￦´¶©º￦½©¥¶·￦ Ο￦ ‫ڹڸڵ‬Ζ‫ڴڴڴ‬￦ ‫ڸڹڷ‬Ζ‫ڴڴڴ‬￦
￉³±´©²·¥¸­³²￦©¼´©²·©￦ ‫ڹڸڵ‬Ζ‫ڴڴڴ‬￦ ‫ڽڴڶ‬Ζ‫ڴڴڴ‬￦ ‫ڴڵڶ‬Ζ‫ڴڴڷ‬￦
￦
2018 2019 2019
ￔ³Κ￦³ª￦©±´°³½©©·￦ ‫ڴڴڸ‬￦ ‫ڴڴڸ‬￦ ‫ڴڴڸ‬￦
ￒ©··Ό￦ￋ±´°³½©©·￦»¬³￦°©ª¸￦ ‫ڴڸ‬￦ ‫ڹڻ‬￦ ‫ڷڴڵ‬￦
ￒ©··Ό￦ￋ±´°³½©©·￦»¬³‫ك‬°°￦°©¥º©￦ ‫ڴڻ‬￦ ‫ڴڷ‬￦ ￦
©±´°³½©©·￦©²¸­¸°©¨￦ ‫ڴڽڶ‬￦ ‫ڹڽڶ‬￦ ‫ڻڽڶ‬￦
￦
SUMMARY OF ANSWERS:
‫ڵ‬Κ￦ C ‫ڶ‬Κ￦ A ‫ڷ‬Κ￦ D ￦ ￦ ￦


PROBLEM 33-8 Intrinsic Value
2018 2019 2020
ￋ±´°³½©©·￦©²¸­¸°©¨￦ª³¶￦¸¬©￦¦©²©ª­¸￦ ‫ڷڷ‬￦ ‫ڶڷ‬￦ ‫ڶڷ‬￦
ￔ¹±¦©¶￦³ª￦·¸³§¯￦³´¸­³²·￦´©¶￦©±´°³½©©￦ ‫ڵ‬Ζ‫ڴڴڴ‬￦ ‫ڵ‬Ζ‫ڴڴڴ‬￦ ‫ڵ‬Ζ‫ڴڴڴ‬￦
ￚ³¸¥°￦·¸³§¯￦³´¸­³²·￦ ‫ڷڷ‬Ζ‫ڴڴڴ‬￦ ‫ڶڷ‬Ζ‫ڴڴڴ‬￦ ‫ڶڷ‬Ζ‫ڴڴڴ‬￦
ￓ¹°¸­´°½￦¦½Ό￦ￌ¥­¶￦º¥°¹©￦ ‫ڴڵ‬￦ ‫ڹڵ‬￦ ‫ڴڶ‬￦
ￚ³¸¥°￦º¥°¹©￦³ª￦¸¬©￦§³±´©²·¥¸­³²￦ ‫ڴڷڷ‬Ζ‫ڴڴڴ‬￦ ‫ڴڼڸ‬Ζ‫ڴڴڴ‬￦ ‫ڴڸں‬Ζ‫ڴڴڴ‬￦
ￓ¹°¸­´°½￦¦½Ό￦￘¥¸­³￦ ‫ڵ‬ϑ‫ڷ‬￦ ‫ڶ‬ϑ‫ڷ‬￦ ‫ڵ‬￦
￉¹±¹°¥¸­º©￦§³±´©²·¥¸­³²￦ ‫ڴڵڵ‬Ζ‫ڴڴڴ‬￦ ‫ڴڶڷ‬Ζ‫ڴڴڴ‬￦ ‫ڴڸں‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦§¹±¹°¥¸­º©￦§³±´Κ￦´¶©ºΚ￦½©¥¶￦ Ο￦ ‫ڴڵڵ‬Ζ‫ڴڴڴ‬￦ ‫ڴڶڷ‬Ζ‫ڴڴڴ‬￦
￉³±´©²·¥¸­³²￦©¼´©²·©￦ ‫ڴڵڵ‬Ζ‫ڴڴڴ‬￦ ‫ڴڵڶ‬Ζ‫ڴڴڴ‬￦ ‫ڴڶڷ‬Ζ‫ڴڴڴ‬￦

￦ 2018 2019 2020 2021 2022
ￌ¥­¶￦º¥°¹©￦³ª￦³´¸­³²·￦ ‫ڴں‬￦ ‫ڹں‬￦ ‫ڴڻ‬￦ ‫ڼں‬￦ ‫ڴڼ‬￦
ￒ©··Ό￦ￋ¼©¶§­·©￦ￖ¶­§©￦ ‫ڹڸ‬￦ ‫ڹڸ‬￦ ‫ڹڸ‬￦ ‫ڹڸ‬￦ ‫ڹڸ‬￦
ￏ²¸¶­²·­§￦º¥°¹©￦ ‫ڹڵ‬￦ ‫ڴڶ‬￦ ‫ڹڶ‬￦ ‫ڷڶ‬￦ ‫ڹڷ‬￦

2021 2022
￉¬¥²«©￦­²￦­²¸¶­²·­§￦º¥°¹©Ό￦
￦￦￉¹¶¶©²¸￦½©¥¶￦­²¸¶­²·­§￦º¥°¹©￦ ‫ڷڶ‬￦ ‫ڹڷ‬￦
￦￦ￒ©··Ό￦ￖ¶©º­³¹·￦½©¥¶￦­²¸¶­²·­§￦º¥°¹©￦ ‫ڹڶ‬￦ ‫ڷڶ‬￦
￉¬¥²«©￦­²￦­²¸¶­²·­§￦º¥°¹©￦ Ϯ‫ڶ‬ϯ￦ ‫ڶڵ‬￦
ￓ¹°¸­´°½￦ ¦½Ό￦ ￔ³Κ￦ ³ª￦·¬¥¶©￦ ³´¸­³²·￦ ©¼©¶§­·©¨￦ ¨¹¶­²«￦
¸¬©￦½©¥¶￦ ‫ڼڵ‬Ζ‫ڴڴڴ‬￦ ‫ڸڵ‬Ζ‫ڴڴڴ‬￦
ￚ³¸¥°￦ Ϯ‫ںڷ‬Ζ‫ڴڴڴ‬ϯ￦ ‫ڼںڵ‬Ζ‫ڴڴڴ‬￦
ￇ¨¨Ό￦ￛ²©¼©¶§­·©¨￦·¬¥¶©￦³´¸­³²·￦
Change in intrinsic value (2) 12
Multiply by: No. of share options not yet exercise 14,000 -
349
‫‪Chapter 33‬‬ ‫‪Share-based Payment‬‬

‫‪ￚ³¸¥°￦‬‬ ‫‪ϯ￦‬ڴڴڴ‪Ζ‬ڼڶ‪Ϯ‬‬ ‫‪Ο￦‬‬

‫‪￙¥°¥¶­©·￦©¼´©²·©￦‬‬ ‫‪ϯ￦‬ڴڴڴ‪Ζ‬ڸں‪Ϯ‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڼںڵ‬
‫ ‬
‫ ‪SUMMARY OF ANSWERS:‬‬
‫ ‪Κ￦ A‬ڵ‬ ‫ ‪Κ￦ C‬ڶ‬ ‫ ‪Κ￦ C‬ڷ‬ ‫‪Κ￦‬ڸ‬ ‫ ‪D‬‬ ‫‪Κ￦‬ڹ‬ ‫ ‪B‬‬ ‫‪￦‬‬ ‫ ‬
‫ ‬
‫ ‬
‫‪PROBLEM 33-9 Cash alternative￦‬‬
‫‪2018‬‬ ‫‪2019‬‬ ‫ ‪2020‬‬ ‫‪2021‬‬ ‫‪2022‬‬
‫‪￙ￇ￘·￦¹²©¼©¶§­·©¨￦‬‬ ‫ڴڴڵ‬ ‫ڴڴڵ‬ ‫‪￦‬ڴڴڵ‬ ‫ڴڴڵ‬ ‫ڴڴڵ‬
‫‪ￓ¹°¸­´°½￦¦½Ό￦ￋ±´°³½©©·￦©²¸­¸°©¨￦‬‬ ‫ڸڴڸ‬ ‫ڹڽڷ‬ ‫‪￦‬ڵڹڶ‬ ‫ڵڶڵ‬ ‫‪Ο‬‬
‫‪ￚ³¸¥°￦￙ￇ￘·￦‬‬ ‫ڴڴڸ‪Ζ‬ڴڸ‬ ‫ڴڴڹ‪Ζ‬ڽڷ‬ ‫‪￦‬ڴڴڵ‪Ζ‬ڹڶ‬ ‫ڴڴڵ‪Ζ‬ڶڵ‬ ‫‪Ο‬‬
‫‪ￓ¹°¸­´°½￦¦½Ό￦ￌ¥­¶￦º¥°¹©￦‬‬ ‫‪￦‬ڴڷ‬ ‫‪￦‬ڷڷ‬ ‫‪￦‬ںڷ‬ ‫‪￦‬ڴڸ‬ ‫‪Ο￦‬‬
‫‪ￚ³¸¥°￦º¥°¹©￦³ª￦¸¬©￦§³±´©²·¥¸­³²‬‬ ‫ڴڴڴ‪Ζ‬ڶڵڶ‪Ζ‬ڵ‬ ‫ڴڴڹ‪Ζ‬ڷڴڷ‪Ζ‬ڵ‬ ‫‪￦‬ڴڴں‪Ζ‬ڷڴڽ‬ ‫ڴڴڴ‪Ζ‬ڸڼڸ‬ ‫‪Ο‬‬
‫‪ￓ¹°¸­´°½￦¦½Ό￦￘¥¸­³￦‬‬ ‫‪￦‬ڷ‪ϑ‬ڵ‬ ‫‪￦‬ڷ‪ϑ‬ڶ‬ ‫‪￦‬ڵ‬ ‫‪￦‬ڵ‬ ‫‪￦‬ڵ‬
‫‪￉¹±¹°¥¸­º©￦§³±´©²·¥¸­³²￦‬‬ ‫ڴڴڴ‪Ζ‬ڸڴڸ‬ ‫ڴڴڴ‪Ζ‬ڽںڼ‬ ‫‪￦‬ڴڴں‪Ζ‬ڷڴڽ‬ ‫ڴڴڴ‪Ζ‬ڸڼڸ‬ ‫‪Ο‬‬
‫‪ￒ©··Ό￦ §¹±¹°¥¸­º©￦ §³±´Κ￦ ´¶©ºΚ￦‬‬
‫‪½©¥¶￦‬‬ ‫‪Ο￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڸڴڸ‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڽںڼ‬ ‫‪￦‬ڴڴں‪Ζ‬ڷڴڽ‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڸڼڸ‬
‫‪￉³±´©²·¥¸­³²￦©¼´©²·©￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڸڴڸ‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڹںڸ‬ ‫‪￦‬ڴڴں‪Ζ‬ڸڷ‬ ‫‪ϯ￦‬ڴڴں‪Ζ‬ڽڵڸ‪Ϯ‬‬ ‫‪ϯ￦‬ڴڴڴ‪Ζ‬ڸڼڸ‪Ϯ‬‬
‫‪ￇ¨¨Ό￦ ￚ³¸¥°￦ ￙ￇ￘·￦ ©¼©¶§­·©¨￦‬‬
‫‪¨¹¶­²«￦¸¬©￦½©¥¶￦‬‬ ‫‪Ο￦‬‬ ‫‪Ο￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڹڸ‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڹڹڸ‬ ‫‪￦‬ڴڴڶ‪Ζ‬ڼڴڹ‬
‫‪ￚ³¸¥°￦§³±´©²·¥¸­³²￦©¼´©²·©￦‬‬ ‫ڴڴڴ‪Ζ‬ڸڴڸ‬ ‫ڴڴڴ‪Ζ‬ڹںڸ‬ ‫‪￦‬ڴڴں‪Ζ‬ڸڼڸ‬ ‫ڴڴڸ‪Ζ‬ڹڷ‬ ‫ڴڴڶ‪Ζ‬ڸڶ‬
‫ ‬
‫‪2018￦‬‬ ‫‪2019￦‬‬ ‫‪2020￦‬‬ ‫‪2021￦‬‬ ‫‪2022￦‬‬
‫‪ￔ³Κ￦³ª￦©±´°³½©©·￦‬‬ ‫‪￦‬ڴڴڹ‬ ‫‪￦‬ڴڴڹ‬ ‫‪￦‬ڴڴڹ‬ ‫‪￦‬ڴڴڹ‬ ‫‪￦‬ڴڴڹ‬
‫‪ￒ©··Ό￦ￋ±´°³½©©·￦»¬³￦°©ª¸￦‬‬ ‫‪￦‬ںڷ‬ ‫‪￦‬ڼڻ‬ ‫‪￦‬ڽڽ‬ ‫‪￦‬ڽڽ‬ ‫‪￦‬ڽڽ‬
‫‪°°￦°©¥º©￦‬ك‪ￒ©··Ό￦ￋ±´°³½©©·￦»¬³‬‬ ‫‪￦‬ڴں‬ ‫‪￦‬ڻڶ‬ ‫‪￦‬ڴ‬ ‫‪￦‬ڴ‬ ‫‪￦‬ڴ‬
‫‪ￒ©··Ό￦ￋ±´°³½©©·￦»¬³￦©¼©¶§­·©¨￦‬‬ ‫‪￦‬ڴ‬ ‫‪￦‬ڴ‬ ‫‪￦‬ڴڹڵ‬ ‫‪￦‬ڴڼڶ‬ ‫‪￦‬ڵڴڸ‬
‫‪ￋ±´°³½©©·￦©²¸­¸°©¨￦ª³¶￦¸¬©￦¦©²©ª­¸￦‬‬ ‫‪￦‬ڸڴڸ‬ ‫‪￦‬ڹڽڷ‬ ‫‪￦‬ڵڹڶ‬ ‫‪￦‬ڵڶڵ‬ ‫‪￦‬ڴ‬
‫ ‬
‫ ‪SARS EXERCISED‬‬ ‫ ‪2020‬‬ ‫ ‪2021‬‬ ‫ ‪2022‬‬
‫‪ￔ¹±¦©¶￦³ª￦©±´°³½©©·￦‬‬ ‫‪￦‬ڴڹڵ‬ ‫‪￦‬ڴڷڵ‬ ‫‪￦‬ڵڶڵ‬
‫‪ￓ¹°¸­´°½￦¦½Ό￦￙ￇ￘·￦´©¶￦©±´°³½©©￦‬‬ ‫‪￦‬ڴڴڵ‬ ‫‪￦‬ڴڴڵ‬ ‫‪￦‬ڴڴڵ‬
‫‪ￚ³¸¥°￦￙ￇ￘·￦©¼©¶§­·©¨￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڹڵ‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڷڵ‬ ‫‪￦‬ڴڴڵ‪Ζ‬ڶڵ‬
‫‪ￓ¹°¸­´°½￦¦½Ό￦ￏ²¸¶­²·­§￦º¥°¹©￦‬‬ ‫‪￦‬ڴڷ‬ ‫‪￦‬ڹڷ‬ ‫‪￦‬ڶڸ‬
‫‪ￚ³¸¥°￦ￜ¥°¹©￦³ª￦￙ￇ￘·￦©¼©¶§­·©¨￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڹڸ‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڹڹڸ‬ ‫‪￦‬ڴڴڶ‪Ζ‬ڼڴڹ‬
‫ ‬
‫ ‪SUMMARY OF ANSWERS:‬‬
‫ ‪Κ￦ A‬ڵ‬ ‫ ‪Κ￦ A‬ڶ‬ ‫ ‪Κ￦ C‬ڷ‬ ‫ ‪Κ￦ A‬ڸ‬ ‫ ‪Κ￦ A‬ڹ‬ ‫‪￦‬‬ ‫ ‬
‫ ‬
‫ ‬
‫‪PROBLEM 33-10 Changes of classification from cash-settled to equity-settled￦‬‬
‫ ‬
‫ ‪2018‬‬ ‫ ‪2019‬‬ ‫ ‪2020‬‬ ‫ ‪2021‬‬
‫‪￙ￇ￘·￦´©¶￦©±´°³½©©￦‬‬ ‫‪￦‬ڴڴڵ‬ ‫‪￦‬ڴڴڵ‬ ‫‪￦‬ڴڴڵ‬ ‫‪￦‬ڴڴڵ‬
‫‪ￓ¹°¸­´°½￦¦½Ό￦©±´°³½©©·￦©²¸­¸°©¨￦‬‬ ‫‪￦‬ڴڴڵ‬ ‫‪￦‬ڴڴڵ‬ ‫‪￦‬ڴڴڵ‬ ‫‪￦‬ڴڴڵ‬
‫‪ￚ³¸¥°￦￙ￇ￘·￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڵ ‪￦‬ڴڴڴ‪Ζ‬ڴڵ ‪￦‬ڴڴڴ‪Ζ‬ڴڵ ‪￦‬ڴڴڴ‪Ζ‬ڴڵ‬
‫‪ￓ¹°¸­´°½￦¦½Ό￦ￌ¥­¶￦º¥°¹©￦‬‬ ‫‪￦‬ڴڵ‬ ‫‪￦‬ڴڶ‪Κ‬ڷڵ‬ ‫‪￦‬ڴڶ‪Κ‬ڷڵ‬ ‫‪￦‬ڴڶ‪Κ‬ڷڵ‬
‫‪350‬‬
‫‪Chapter 33‬‬ ‫‪Share-based Payment‬‬

‫‪ￚ³¸¥°￦º¥°¹©￦³ª￦¸¬©￦§³±´©²·¥¸­³²￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڶڷڵ ‪￦‬ڴڴڴ‪Ζ‬ڶڷڵ ‪￦‬ڴڴڴ‪Ζ‬ڶڷڵ ‪￦‬ڴڴڴ‪Ζ‬ڴڴڵ‬

‫‪ￓ¹°¸­´°½￦¦½Ό￦￘¥¸­³￦‬‬ ‫‪￦‬ڸ‪ϑ‬ڵ‬ ‫‪￦‬ڶ‪ϑ‬ڵ‬ ‫‪￦‬ڸ‪ϑ‬ڷ‬ ‫‪￦‬ڵ‬
‫‪￉¹±¹°¥¸­º©￦§³±´©²·¥¸­³²￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڶڷڵ ‪￦‬ڴڴڴ‪Ζ‬ڽڽ ‪￦‬ڴڴڴ‪Ζ‬ںں ‪￦‬ڴڴڴ‪Ζ‬ڹڶ‬
‫‪ￒ©··Ό￦￉¹±¹°¥¸­º©￦§³±´Κ￦´¶©ºΚ￦½©¥¶￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڽڽ ‪￦‬ڴڴڴ‪Ζ‬ںں ‪￦‬ڴڴڴ‪Ζ‬ڹڶ ‪Ο￦‬‬
‫‪￉³±´©²·¥¸­³²￦©¼´©²·©￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڷڷ ‪￦‬ڴڴڴ‪Ζ‬ڷڷ ‪￦‬ڴڴڴ‪Ζ‬ڵڸ ‪￦‬ڴڴڴ‪Ζ‬ڹڶ‬
‫ ‬
‫ ‪SUMMARY OF ANSWERS:‬‬
‫ ‪Κ￦ A‬ڵ‬ ‫ ‪Κ￦ C‬ڶ‬ ‫ ‪Κ￦ D‬ڷ‬ ‫ ‪Κ￦ C‬ڸ‬ ‫‪￦‬‬ ‫ ‬ ‫‪￦‬‬ ‫ ‬
‫ ‬
‫ ‬
‫ ‪PROBLEM 33-11 Share Options With Cash Alternative‬‬
‫ ‬ ‫ ‪2016‬‬ ‫ ‪2017‬‬ ‫ ‪2018‬‬ ‫ ‪LIAB‬‬
‫‪ￔ³Κ￦³ª￦·¬¥¶©·￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڷ ‪￦‬ڴڴڴ‪Ζ‬ڴڷ‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڷ ‪￦‬ڴڴڴ‪Ζ‬ڴڷ‬
‫‪ￓ¹°¸­´°½￦¦½Ό￦ￌ¥­¶￦º¥°¹©￦‬‬ ‫‪￦‬ڷڷ‬ ‫‪￦‬ڷڷ‬ ‫‪￦‬ڷڷ‬ ‫‪￦‬ڷڶ‬
‫‪ￚ³¸¥°￦º¥°¹©￦³ª￦¸¬©￦§³±´©²·¥¸­³²￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڽں ‪￦‬ڴڴڴ‪Ζ‬ڴڽڽ ‪￦‬ڴڴڴ‪Ζ‬ڴڽڽ ‪￦‬ڴڴڴ‪Ζ‬ڴڽڽ‬
‫‪ￓ¹°¸­´°½￦¦½Ό￦￘¥¸­³￦‬‬ ‫‪￦‬ڷ‪ϑ‬ڵ‬ ‫‪￦‬ڷ‪ϑ‬ڶ‬ ‫‪￦‬ڷ‪ϑ‬ڷ‬ ‫‪￦‬ڷ‪ϑ‬ڷ‬
‫‪￉¹±¹°¥¸­º©￦§³±´©²·¥¸­³²￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڽں ‪￦‬ڴڴڴ‪Ζ‬ڴڽڽ ‪￦‬ڴڴڴ‪Ζ‬ڴںں ‪￦‬ڴڴڴ‪Ζ‬ڴڷڷ‬
‫‪ￒ©··Ό￦￉¹±¹°¥¸­º©￦§³±´Κ￦´¶©ºΚ￦½©¥¶￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴںں ‪￦‬ڴڴڴ‪Ζ‬ڴڷڷ ‪Ο￦‬‬ ‫‪￦‬‬
‫‪￉³±´©²·¥¸­³²￦©¼´©²·©￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڷڷ ‪￦‬ڴڴڴ‪Ζ‬ڴڷڷ ‪￦‬ڴڴڴ‪Ζ‬ڴڷڷ‬ ‫‪￦‬‬
‫‪ￒ©··Ό￦ￇ¨®¹·¸￦°­¥¦­°­¸½￦¸³￦ª¥­¶￦º¥°¹©￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬
‫‪￦￦￦￦Ϯ¨©§¶©¥·©￦­²￦ª¥­¶￦º¥°¹©ϯ￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬
‫‪σ￦‬ڴڴڴ‪Ζ‬ڴڷ‪ϯ￦¼￦‬ڷڶ‪Ο‬ڹڶ‪σϮ‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦￦ ￦‬ڴڴڴ‪Ζ‬ڴں‪￦￦￦￦‬‬
‫‪￙¥°¥¶­©·￦©¼´©²·©￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦ ￦‬ڴڴڴ‪Ζ‬ڴڻڶ‪￦￦‬‬
‫‪￦‬‬
‫‪￦ ­·￦ ¥°°³§¥¸©¨￦ ¦©¸»©©²￦ °­¥¦­°­¸­©·￦ ¥²¨￦‬ڼڵڴڶ ‪￦ ­²￦‬ڴڴڴ‪Ζ‬ڴڷڷ ‪ￚ¬©￦ ￙¥°¥¶­©·￦ ©¼´©²·©￦ ³ª￦‬‬
‫‪©µ¹­¸½Ζ￦ ¸³￦ ¦¶­²«￦ ­²￦ ¸¬©￦ ª­²¥°￦ ¸¬­¶¨￦ ³ª￦ ¸¬©￦ °­¥¦­°­¸½￦ ¦¥·©¨￦ ³²￦ ¸¬©￦ ª¥­¶￦ º¥°¹©￦ ³ª￦ ¸¬©￦‬‬
‫‪·¬¥¶©·￦¥·￦¥¸￦¸¬©￦¨¥¸©￦³ª￦¸¬©￦±³¨­ª­§¥¸­³²Κ￦‬‬
‫‪￦‬‬
‫ ‬ ‫ ‪2017‬‬
‫‪￉¹±¹°¥¸­º©￦·¥°¥¶­©·￦©¼´Κ￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴںں‬
‫‪￘©§°¥··­ª½￦©µ¹­¸½￦¸³￦°­¥¦­°­¸­©·￦‬‬ ‫‪￦‬‬
‫‪ϯ￦‬ڷ‪ϑ‬ڶ‪￦¼￦‬ڹڶ‪￦¼￦‬ڴڴڴ‪Ζ‬ڴڷ‪Ϯ‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڴڹ‬
‫‪￦‬ڻڵڴڶ‪ϑ‬ڵڷ‪ϑ‬ڶڵ‪￘©±Κ￦ￋµ¹­¸½Ζ￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴںڵ‬
‫‪ￇ¨®¹·¸±©²¸￦￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڼ‬
‫‪￦‬ڴڴڴ‪Ζ‬ڴڸڶ ‪ϯ￦‬ڷ‪ϑ‬ڷ‪￦¼￦‬ڴڴڴ‪Ζ‬ڴڷ‪ϯ￦¼￦‬ڹڶ‪Ο‬ڷڷ‪￦ϮϮ‬ڼڵڴڶ‪ϑ‬ڵڷ‪ϑ‬ڶڵ‪ￋµ¹­¸½Ζ￦‬‬
‫‪￦‬‬
‫ ‪End of 2017:‬‬
‫‪￙¥°¥¶­©·￦©¼´©²·©￦￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڷڷ‬
‫‪￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڷڷ ‪￙¬¥¶©￦³´¸­³²·￦³¹¸·¸¥²¨­²«￦‬‬
‫‪￦‬‬
‫‪￘©§°¥··­ª½Ό￦‬‬
‫‪￦‬ڴڴڴ‪Ζ‬ڴڴڹ‪￙¬¥¶©￦³´¸­³²·￦³¹¸·¸¥²¨­²«￦‬‬
‫‪￦‬‬ ‫‪￙¥°¥¶­©·￦´¥½¥¦°©Ο￙ￇ￘·￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڴڹ‬
‫‪￦‬‬
‫ ‬ ‫ ‬

‫‪351‬‬
‫‪Chapter 33‬‬ ‫‪Share-based Payment‬‬

‫ ‪End of 2018‬‬
‫‪￙¥°¥¶­©·￦©¼´©²·©￦￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڷڷ‬
‫‪￦‬‬ ‫‪ϯ￦‬ڴڴڴ‪Ζ‬ڴڷڷ‪￦¼￦‬ڷڷ‪ϑ‬ڹڶ‪Ο‬ڷڷ‪￦Ϯ‬ڴڴڴ‪Ζ‬ڴڼ ‪￙¬¥¶©￦³´¸­³²·￦³¹¸·¸¥²¨­²«￦‬‬
‫‪￦‬‬ ‫‪￙¥°¥¶­©·￦´¥½¥¦°©Ο￙ￇ￘·￦‬‬ ‫‪ϯ￦‬ڴڴڴ‪Ζ‬ڴڷڷ‪￦¼￦‬ڷڷ‪ϑ‬ڹڶ‪￦Ϯ‬ڴڴڴ‪Ζ‬ڴڹڶ‬
‫‪￦‬‬
‫‪￦‬ڴڴڴ‪Ζ‬ڴں ‪￙¥°¥¶­©·￦´¥½¥¦°©Ο￙ￇ￘·￦￦‬‬
‫‪￦‬‬ ‫‪￙¥°¥¶­©·￦©¼´©²·©￦‬‬ ‫‪￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴں‬
‫ ‬
‫ ‪Question No. 3 & 5‬‬
‫‪￦‬ڻڵڴڶ‪ϑ‬ڵڷ‪ϑ‬ڶڵ‪ￒ­¥¦­°­¸½￦ ￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڴڹ‬
‫‪￦‬ڼڵڴڶ‪ￇ¨¨Ό￦￘©§°¥··­ª­©¨￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڹڶ‬
‫‪￦‬ڼڵڴڶ‪ￒ©··Ό￦ￊ©§¶©¥·©￦­²￦ª¥­¶￦º¥°¹©￦ ￦‬‬ ‫‪￦‬ڴڴڴڴں‬
‫‪￦‬ڼڵڴڶ‪ϑ‬ڵڷ‪ϑ‬ڶڵ‪ￒ­¥¦­°­¸½￦ ￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڽں‬
‫ ‬
‫ ‪SUMMARY OF ANSWERS:‬‬
‫ ‪Κ￦ A‬ڵ‬ ‫ ‪Κ￦ A‬ڶ‬ ‫ ‪Κ￦ E‬ڷ‬ ‫ ‪Κ￦ B‬ڸ‬ ‫ ‪Κ￦ B‬ڹ‬ ‫‪Κ￦‬ں‬ ‫ ‪B‬‬
‫ ‬
‫ ‬
‫ ‬
‫ ‪PROBLEM 33-12‬‬
‫‪￦‬‬ ‫ ‪2018‬‬ ‫ ‪2019‬‬ ‫ ‪2020‬‬
‫‪ￋ±´°³½©©·￦©²¸­¸°©¨￦ª³¶￦¸¬©￦¦©²©ª­¸￦‬‬ ‫‪￦‬ڼ‬ ‫‪￦‬ڼ‬ ‫‪￦‬ڻ‬
‫‪ￓ¹°¸­´°½￦¦½Ό￦ￔ¹±¦©¶￦³ª￦·¸³§¯￦³´¸­³²·￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڵ‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڶ‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڷ‬
‫‪´©¶￦©±´°³½©©￦‬‬
‫‪ￚ³¸¥°￦·¸³§¯￦³´¸­³²·￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڼ‬ ‫‪￦‬ڴڴڴ‪Ζ‬ںڵ‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڵڶ‬
‫‪ￓ¹°¸­´°½￦¦½Ό￦ￌ¥­¶￦º¥°¹©￦‬‬ ‫‪￦‬ڴڷ‬ ‫‪￦‬ڴڷ‬ ‫‪￦‬ڴڷ‬
‫‪ￚ³¸¥°￦º¥°¹©￦³ª￦¸¬©￦§³±´©²·¥¸­³²￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڸڶ‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڼڸ‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڷں‬
‫‪ￓ¹°¸­´°½￦¦½Ό￦￘¥¸­³￦‬‬ ‫‪￦‬ڷ‪ϑ‬ڵ‬ ‫‪￦‬ڷ‪ϑ‬ڶ‬ ‫‪￦‬ڵ‬
‫‪￉¹±¹°¥¸­º©￦§³±´©²·¥¸­³²￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڼ‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڶڷ‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڷں‬
‫‪ￒ©··Ό￦￉¹±¹°¥¸­º©￦§³±´Κ￦´¶©ºΚ￦½©¥¶￦‬‬ ‫‪Ο￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڼ‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڶڷ‬
‫‪￉³±´©²·¥¸­³²￦©¼´©²·©￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڼ‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڸڶ‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڵڷ‬
‫ ‬
‫ ‪2018 2019 2020‬‬
‫‪ￔ³Κ￦³ª￦©±´°³½©©·￦‬‬ ‫‪￦‬ڴڵ‬ ‫‪￦‬ڴڵ‬ ‫‪￦‬ڴڵ‬
‫‪ￒ©··Ό￦ￋ±´°³½©©·￦»¬³￦°©ª¸￦‬‬ ‫‪￦‬ڶ‬ ‫‪￦‬ڶ‬ ‫‪￦‬ڷ‬
‫‪°°￦°©¥º©￦‬ك‪ￒ©··Ό￦ￋ±´°³½©©·￦»¬³‬‬ ‫‪￦‬ڴ‬ ‫‪￦‬ڴ‬
‫‪ￋ±´°³½©©·￦©²¸­¸°©¨￦ª³¶￦¸¬©￦¦©²©ª­¸￦‬‬ ‫‪￦‬ڼ‬ ‫‪￦‬ڼ‬ ‫‪￦‬ڻ‬
‫ ‬
‫ ‪Estimated revenue:‬‬
‫ ‪As of December 31, 2018:‬‬
‫‪ￓ￦‬ڴڴڵ ‪ϯ￦‬ܫڹڶڵ‪ￓ￦¼￦‬ڴڼ‪￦Ϯ‬ڽڵڴڶ‪ￏ²￦‬‬
‫‪ￓΖ￦ￚ¬¹·Ζ￦ ¸¬©￦©·¸­±¥¸©¨￦ ·¬¥¶©￦³´¸­³²·￦ ¸¬¥¸￦»­°°￦‬ڹڶڵ ‪￦‬ܥ‪ϯ￦‬ܫڹڶڵ‪ￓ￦ ¼￦‬ڴڴڵ‪￦Ϯ‬ڴڶڴڶ ‪ￏ²￦‬‬
‫‪￦´©¶￦©±´°³½©©Κ￦‬ڴڴڴ‪Ζ‬ڵ‪￦»­°°￦¦©￦‬ڴڶڴڶ‪©º©²¸¹¥°°½￦º©·¸￦­²￦‬‬
‫ ‬
‫ ‬ ‫ ‬

‫‪352‬‬
Chapter 33 Share-based Payment

As of December 31, 2019:

ￏ²￦ ‫ڴڶڴڶ‬￦ Ϯ‫ڴڶڵ‬ￓ￦ ¼￦ ‫ܫڹڶڵ‬ϯ￦ ‫ܥ‬￦ ‫ڹڵ‬ￓΖ￦ ¸¬¹·Ζ￦ ¸¬©￦ ©·¸­±¥¸©¨￦ ·¬¥¶©￦ ³´¸­³²·￦ ¸¬¥¸￦ »­°°
©º©²¸¹¥°°½￦º©·¸￦­²￦‫ڴڶڴڶ‬￦»­°°￦¦©￦‫ڶ‬Ζ‫ڴڴڴ‬￦´©¶￦©±´°³½©©Κ￦

Question No. 4 (C)
￉¥·¬￦Ϯ‫ڵڶ‬Ζ‫ڴڴڴ‬￦¼￦‫ڴڵڵ‬ϯ￦ ‫ڶ‬Ζ‫ڴڵڷ‬Ζ‫ڴڴڴ‬￦
￙¬¥¶©￦³´¸­³²·￦³¹¸·¸¥²¨­²«￦ ‫ڴڷں‬Ζ‫ڴڴڴ‬￦
￦￦￦ￕ¶¨­²¥¶½￦·¬¥¶©￦Ϯ‫ڵڶ‬Ζ‫ڴڴڴ‬￦¼￦‫ڴڴڵ‬ϯ￦ ‫ڶ‬Ζ‫ڴڴڵ‬Ζ‫ڴڴڴ‬￦
￦￦￦￙¬¥¶©￦´¶©±­¹±￦ ‫ڴڸڼ‬Ζ‫ڴڴڴ‬￦

SUMMARY OF ANSWERS:
‫ڵ‬Κ￦ A ‫ڶ‬Κ￦ C ‫ڷ‬Κ￦ D ‫ڸ‬Κ￦ C ￦ ￦


PROBLEM 33-13
Year 1 Year 2 Year 3
ￋ±´°³½©©·￦©²¸­¸°©¨￦ª³¶￦¸¬©￦¦©²©ª­¸￦ ‫ڴڵ‬￦ ‫ڴڵ‬￦ ‫ڴڵ‬￦
ￓ¹°¸­´°½￦¦½Ό￦ￔ¹±¦©¶￦³ª￦·¸³§¯￦³´¸­³²·￦
´©¶￦©±´°³½©©￦ ‫ڵ‬Ζ‫ڴڴڴ‬￦ ‫ڵ‬Ζ‫ڴڴڴ‬￦ ‫ڵ‬Ζ‫ڴڴڴ‬￦
ￚ³¸¥°￦·¸³§¯￦³´¸­³²·￦ ‫ڴڵ‬Ζ‫ڴڴڴ‬￦ ‫ڴڵ‬Ζ‫ڴڴڴ‬￦ ‫ڴڵ‬Ζ‫ڴڴڴ‬￦
ￓ¹°¸­´°½￦¦½Ό￦ￌ¥­¶￦º¥°¹©￦ ‫ڴڷ‬￦ ‫ڴڷ‬￦ ‫ڴڷ‬￦
ￚ³¸¥°￦º¥°¹©￦³ª￦¸¬©￦§³±´©²·¥¸­³²￦ ‫ڴڴڷ‬Ζ‫ڴڴڴ‬￦ ‫ڴڴڷ‬Ζ‫ڴڴڴ‬￦ ‫ڴڴڷ‬Ζ‫ڴڴڴ‬￦
ￓ¹°¸­´°½￦¦½Ό￦￘¥¸­³￦ ‫ڵ‬ϑ‫ڶ‬￦ ‫ڶ‬ϑ‫ڷ‬￦ ‫ڵ‬￦
￉¹±¹°¥¸­º©￦§³±´©²·¥¸­³²￦ ‫ڴڹڵ‬Ζ‫ڴڴڴ‬￦ ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦ ‫ڴڴڷ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦￉¹±¹°¥¸­º©￦§³±´Κ￦´¶©ºΚ￦½©¥¶￦ Ο￦ ‫ڴڹڵ‬Ζ‫ڴڴڴ‬￦ ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦
￉³±´©²·¥¸­³²￦©¼´©²·©￦ ‫ڴڹڵ‬Ζ‫ڴڴڴ‬￦ ‫ڴڹ‬Ζ‫ڴڴڴ‬￦ ‫ڴڴڵ‬Ζ‫ڴڴڴ‬￦

Estimated revenue:
￦ￇ·￦³ª￦ￊ©§©±¦©¶￦‫ڵڷ‬Ζ￦‫ڼڵڴڶ‬Ό￦
ￏ²￦‫ڽڵڴڶ‬￦Ϯ‫ڴڼ‬ￓ￦¼￦‫ܫڹڶڵ‬ϯ￦‫ڴڴڵ‬ￓ￦
ￚ¬¹·Ζ￦¸¬©￦©¼´©§¸©¨￦¨¥¸©￦³ª￦º©·¸­²«￦­·￦³²￦ￊ©§©±¦©¶￦‫ڵڷ‬Ζ￦‫ڽڵڴڶ‬Κ￦

As of December 31, 2019:
ￏ²￦‫ڴڶڴڶ‬￦Ϯ‫ڴڽ‬ￓ￦¼￦‫ܫڹڶڵ‬ϯ‫ܥ‬￦‫ڶڵڵ‬Κ‫ڹ‬ￓΖ￦¸¬¹·Ζ￦¸¬©￦©¼´©§¸©¨￦º©·¸­²«￦¨¥¸©￦­·￦³²￦ￊ©§©±¦©¶￦
‫ڵڷ‬Ζ￦‫ڴڶڴڶ‬Κ￦

Question No. 4 (C)
￉¥·¬￦Ϯ‫ڴڵ‬Ζ‫ڴڴڴ‬￦¼￦‫ڴڵڵ‬ϯ￦ ‫ڵ‬Ζ‫ڴڴڵ‬Ζ‫ڴڴڴ‬￦
￙¬¥¶©￦³´¸­³²·￦³¹¸·¸¥²¨­²«￦ ‫ڴڴڷ‬Ζ‫ڴڴڴ‬￦
￦￦￦ￕ¶¨­²¥¶½￦·¬¥¶©￦Ϯ‫ڴڵ‬Ζ‫ڴڴڴ‬￦¼￦‫ڴڴڵ‬ϯ￦ ‫ڵ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
￦￦￦￙¬¥¶©￦´¶©±­¹±￦ ‫ڴڴڸ‬Ζ‫ڴڴڴ‬￦

SUMMARY OF ANSWERS:
‫ڵ‬Κ￦ C ‫ڶ‬Κ￦ A ‫ڷ‬Κ￦ B ‫ڸ‬Κ￦ C ￦ ￦


353
‫‪Chapter 33‬‬ ‫‪Share-based Payment‬‬

‫ ‪PROBLEM 33-14 Comprehensive‬‬

‫ ‬
‫ ‪Question No. 1‬‬ ‫ ‬ ‫ )‪(A‬‬
‫ ‪Replacement‬‬
‫ ‪Cost‬‬ ‫ ‪Cost Appreciation‬‬
‫‪ￒ¥²¨￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڴڴ‪Ζ‬ڴڵ‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڴڴ‪Ζ‬ڹڵ‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڴڴ‪Ζ‬ڹ‬
‫‪￈¹­°¨­²«￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڴڴ‪Ζ‬ڴں‬
‫‪ￒ©··Ό￦ￇ§§¹±Κ￦ￊ©´¶©§­¥¸­³²￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڴڴ‪Ζ‬ڼڵ‬
‫‪￈ￜϑ￙ￜ￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڴڴ‪Ζ‬ڶڸ‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڴڴ‪Ζ‬ڴڻ‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڴڴ‪Ζ‬ڼڶ‬
‫‪ￚ³¸¥°￦￘©º¥°¹¥¸­³²￦·¹¶´°¹·￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڴڴ‪Ζ‬ڷڷ‬
‫‪ϯ￦‬ڴڶ‪ￓϑ‬ڴں‪ￓϑ‬ڼڵ‪ΟϮ‬ڴڶ‪ￊ­º­¨©¨￦¦½Ό￦￘©±Κ￦ￒ­ª©￦Ϯ‬‬ ‫‪￦‬ڸڵ‬
‫‪ￊ©´¶©§­¥¸­³²￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڴڴ‪Ζ‬ڹ‬
‫ ‬
‫ ‪Question No. 2‬‬ ‫ ‬ ‫ )‪(D‬‬
‫ ‪2016‬‬ ‫ ‪2017‬‬ ‫ ‪2018‬‬
‫‪ￔ³Κ￦³ª￦·¬¥¶©￦³´¸­³²·￦‬‬ ‫‪￦‬ڴڴڶ‬ ‫‪￦‬ڴڴڷ‬ ‫‪￦‬ڴڴڷ‬
‫‪ￓ¹°¸­´°½￦¦½Ό￦ￋ±´°³½©©￦ￋ²¸­¸°©¨￦‬‬ ‫‪￦‬ڴڴڷ‬ ‫‪￦‬ڴڴڷ‬ ‫‪￦‬ڴڹڶ‬
‫‪ￚ³¸¥°￦·¸³§¯￦³´¸­³²·￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴں‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڽ‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڹڻ‬
‫‪ￓ¹°¸­´°½￦¦½Ό￦ￌ¥­¶￦º¥°¹©￦‬‬ ‫‪￦‬ڴڷ‬ ‫‪￦‬ڴڷ‬ ‫‪￦‬ڴڷ‬
‫‪ￚ³¸¥°￦º¥°¹©￦³ª￦¸¬©￦§³±´©²·¥¸­³²￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڴڼ‪Ζ‬ڵ‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڴڻ‪Ζ‬ڶ‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڹڶ‪Ζ‬ڶ‬
‫‪ￓ¹°¸­´°½￦¦½Ό￦￘¥¸­³￦‬‬ ‫‪￦‬ڷ‪ϑ‬ڵ‬ ‫‪￦‬ڷ‪ϑ‬ڶ‬ ‫‪￦‬ڵ‬
‫‪￉¹±¹°¥¸­º©￦§³±´©²·¥¸­³²￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڴں‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڴڼ‪Ζ‬ڵ‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڹڶ‪Ζ‬ڶ‬
‫‪ￒ©··Ό￦￉¹±¹°¥¸­º©￦§³±´Κ￦´¶©ºΚ￦½©¥¶￦‬‬ ‫‪Ο￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڴں‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڴڼ‪Ζ‬ڵ‬
‫‪￉³±´©²·¥¸­³²￦©¼´©²·©￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڴں‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڴڶ‪Ζ‬ڵ‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڹڸ‬
‫ ‬
‫ ‪Question Nos. 3 to 6‬‬
‫ ‪O/S‬‬ ‫ ‪SP‬‬ ‫ ‪R/E Unap.‬‬ ‫ ‪R/E App‬‬ ‫ ‪R/S‬‬ ‫ ‪T/S‬‬
‫‪￈©«Κ￦￈¥°¥²§©·￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڴڴ‪Ζ‬ڹ‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڴڴ‪Ζ‬ڵ‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڴڴ‪Ζ‬ڴڵ‬
‫‪￦‬ڵڵڴڶ‪ϑ‬ڵ‪ϑ‬ڵ‬
‫‪￉³±´Κ￦©¼´￦‬‬
‫‪¹²¨©¶Ζ￦￘ￋ￦³º©¶￦‬‬
‫‪￑ϯ￦‬ڴڴڶڵܩ‪￑‬ڴڴں‪Ϯ‬‬ ‫‪ϯ￦‬ڴڴڴ‪Ζ‬ڴڴڼ‪Ζ‬ڵ‪Ϯ‬‬
‫‪￦‬ڵڵڴڶ‪ϑ‬ڵ‪ϑ‬ڵ‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڴڴ‪Ζ‬ڷڷ‬
‫‪Οￇ´¶￦‬ڵ‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڴڹ‪Ζ‬ڶ‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڹڶڵ‬
‫‪Οￓ¥½￦‬ڵ‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڶڴ‪Ζ‬ڵ‬
‫‪Οￇ¹«￦‬ڵ‬ ‫‪ϯ￦‬ڴڴڴ‪Ζ‬ڴںڶ‪Ϯ‬‬
‫‪Ο￙©´￦‬ڹڵ‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڼڸ‬ ‫‪ϯ￦‬ڴڴڴ‪Ζ‬ڶڵں‪Ϯ‬‬
‫‪Οￊ©§￦‬ڵڷ‬
‫‪ϯ￦‬ڴڴڴ‪Ζ‬ڴڹڸ‪ￓΟ‬ڹ‪Ϯ‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڹڹ‪Ζ‬ڸ‬
‫‪ￇ´´¶³´¶­¥¸­³²￦‬‬
‫‪³ª￦￘ￋ￦‬‬ ‫‪ϯ￦‬ڴڴڴ‪Ζ‬ڼڴڸ‪Ϯ‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڼڴڸ‬
‫‪￙¸³§¯￦³´¸­³²·￦‬‬
‫‪³¹¸·¸¥²¨­²«￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڹڶ‪Ζ‬ڶ‬
‫‪ￖ­©§©±©¥°￦¶©¥°￦‬‬
‫‪³ª￦¶©ºΚ￦·¹¶´°¹·￦‬‬
‫‪ϯ￦‬ڸڵ‪ￓϑ‬ڼڶ‪Ϯ‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڴڴ‪Ζ‬ڶ‬ ‫‪ϯ￦‬ڴڴڴ‪Ζ‬ڴڴڴ‪Ζ‬ڶ‪Ϯ‬‬
‫‪ￇ¨®¹·¸©¨￦‬‬
‫‪¦¥°¥²§©·￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڴڹ‪Ζ‬ڻ‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڷڶڸ‪Ζ‬ڷ‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڶڼڴ‪Ζ‬ڸڵ‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڼڴڸ‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڴڴ‪Ζ‬ڵڷ‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڼڴڸ‬
‫ ‬
‫ ‪SUMMARY OF ANSWERS:‬‬
‫ ‪Κ￦ A‬ڵ‬ ‫ ‪Κ￦ D‬ڶ‬ ‫ ‪Κ￦ B‬ڷ‬ ‫‪Κ￦‬ڸ‬ ‫ ‪E‬‬ ‫‪Κ￦‬ڹ‬ ‫ ‪D‬‬ ‫‪Κ￦‬ں‬ ‫ ‪E‬‬
‫‪354‬‬
‫‪Chapter 33‬‬ ‫‪Share-based Payment‬‬

‫ ‪PROBLEM 33-15 Comprehensive‬‬

‫ ‬
‫ ‪Note to Teacher:‬‬
‫‪¦©ª³¶©￦¸¬©￦‬‬ ‫ ‬
‫ ‬
‫ ‪Year 1‬‬ ‫ ‪Year 2‬‬ ‫ ‪Year 3‬‬
‫‪ￋ±´°³½©©·￦©²¸­¸°©¨￦ª³¶￦¸¬©￦¦©²©ª­¸￦‬‬ ‫‪￦‬ڸڶ‬ ‫‪￦‬ڶڷ‬ ‫‪￦‬ںڷ‬
‫‪ￔ¹±¦©¶￦³ª￦￙ￇ￘·￦´©¶￦©±´°³½©©￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڵ‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڶ‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڶ‬
‫‪ￚ³¸¥°￦￙ￇ￘·￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڸڶ‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڸں‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڶڻ‬
‫‪ￓ¹°¸­´°½￦¦½Ό￦ￌ¥­¶￦º¥°¹©￦‬‬ ‫‪￦‬ڴں‬ ‫‪￦‬ڴڻ‬ ‫‪￦‬ڴڼ‬
‫‪ￚ³¸¥°￦º¥°¹©￦³ª￦¸¬©￦§³±´©²·¥¸­³²￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڸڸ‪Ζ‬ڵ‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڼڸ‪Ζ‬ڸ‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴںڻ‪Ζ‬ڹ‬
‫‪ￓ¹°¸­´°½￦¦½Ό￦￘¥¸­³￦‬‬ ‫‪￦‬ڷ‪ϑ‬ڵ‬ ‫‪￦‬ڷ‪ϑ‬ڶ‬ ‫‪￦‬ڵ‬
‫‪￉¹±¹°¥¸­º©￦§³±´©²·¥¸­³²￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڼڸ‬ ‫‪￦‬ڻںں‪Ζ‬ںڼڽ‪Ζ‬ڶ‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴںڻ‪Ζ‬ڹ‬
‫‪ￒ©··Ό￦￉¹±¹°¥¸­º©￦§³±´Κ￦´¶©ºΚ￦½©¥¶￦‬‬ ‫‪Ο￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڼڸ‬ ‫‪￦‬ڻںں‪Ζ‬ںڼڽ‪Ζ‬ڶ‬
‫‪￉³±´©²·¥¸­³²￦©¼´©²·©￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڼڸ‬ ‫‪￦‬ڻںں‪Ζ‬ںڴڹ‪Ζ‬ڶ‬ ‫‪￦‬ڷڷڷ‪Ζ‬ڷڻڻ‪Ζ‬ڶ‬
‫ ‬
‫ ‪SUMMARY OF ANSWERS:‬‬
‫ ‪Κ￦ D‬ڵ‬ ‫ ‪Κ￦ A‬ڶ‬ ‫ ‪Κ￦ A‬ڷ‬ ‫‪￦‬‬ ‫ ‬ ‫‪￦‬‬ ‫ ‬ ‫‪￦‬‬ ‫ ‬
‫ ‬
‫ ‬
‫ ‪PROBLEM 33-16‬‬
‫‪￦‬‬
‫ ‪Journal entries:‬‬
‫ڵ‪￐¥²Κ￦‬‬ ‫‪ￓ©±³￦‬‬ ‫‪￦‬‬
‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬

‫ڸڵ‪ￌ©¦Κ￦‬‬ ‫‪ϯ‬ڴں ‪￦¼￦‬ܫڴڵ‪￑￦¼￦‬ڴںڵ‪￘©¸¥­²©¨￦©¥¶²­²«·￦Ϯ‬‬ ‫ڴڴڴ‪Ζ‬ڴںڽ‬ ‫‪￦‬‬

‫‪￦‬‬ ‫‪ϯ￦‬ڴڹ ‪￦¼￦‬ܫڴڵ‪￑￦¼￦‬ڴںڵ‪￦￦￙¬¥¶©￦¨­º­¨©²¨·￦´¥½¥¦°©￦Ϯ‬‬ ‫‪￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڴڼ‬
‫‪￦‬‬ ‫‪￦￦￙¬¥¶©￦ￖ¶©±­¹±‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴںڵ‬
‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬

‫‪￦‬ڹڵ‪ￓ¥¶§¬￦‬‬ ‫·¨‪￙¬¥¶©￦¨­º­¨©²‬‬ ‫ڴڴڴ‪Ζ‬ڴڴڼ‬ ‫‪￦‬‬

‫‪￦‬‬ ‫·©¶‪￦￦ￕ¶¨­²¥¶½￦·¬¥‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڴڼ‬
‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬

‫‪￦‬ڵڷ‪ￓ¥¶§¬￦‬‬ ‫‪ϯ‬ڴں ‪￦¼￦‬ڴڴڴ‪Ζ‬ڷ‪ￚ¶©¥·¹¶½￦·¬¥¶©·￦Ϯ‬‬ ‫ڴڴڴ‪Ζ‬ڴڼڵ‬ ‫‪￦‬‬

‫‪￦‬‬ ‫‪￦￦￉¥·¬￦‬‬ ‫‪￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڼڵ‬
‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬

‫‪￦‬ڵ‪￐¹²©￦‬‬ ‫‪ϯ￦‬ڹں ‪￦¼￦‬ڴڴڴ‪Ζ‬ڶ‪￉¥·¬￦Ϯ‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڷڵ‬ ‫‪￦‬‬

‫‪￦‬‬ ‫‪ϯ￦‬ڴں ‪￦¼￦‬ڴڴڴ‪Ζ‬ڶ‪￦￦ￚ¶©¥·¹¶½￦·¬¥¶©·￦Ϯ‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڶڵ‬
‫‪￦‬‬ ‫‪￦￦￙¬¥¶©￦´¶©±­¹±Οￚ￙￦‬‬ ‫‪￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڵ‬
‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬

‫‪￦‬ڵ‪ￊ©§Κ￦‬‬ ‫‪ϯ￦‬ڸڹ ‪￦¼￦‬ڴڴڹ‪￉¥·¬￦Ϯ‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڻڶ‬ ‫‪￦‬‬

‫‪￦‬‬ ‫‪￙¬¥¶©￦´¶©±­¹±Οￚ￙￦￦￦‬‬ ‫ڴڴڴ‪Ζ‬ڷ‬ ‫‪￦‬‬
‫‪￦‬‬ ‫‪ϯ‬ڴں ‪￦¼￦‬ڴڴڹ‪￦￦￦ￚ¶©¥·¹¶½￦·¬¥¶©·￦Ϯ‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڷ‬
‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬

‫ڹ‪ￊ©§Κ￦‬‬ ‫ڶ ‪ϯ¼￦‬ڴڴڹ‪Ο‬ڵ‪Κ‬ڵ‪￦¼￦‬ڴںڵ‪￘©¸¥­²©¨￦©¥¶²­²«·￦Ϯ‬‬ ‫ڴڴڴ‪Ζ‬ڵڹڷ‬ ‫‪￦‬‬

‫‪￦‬‬ ‫‪￦￦￦ￊ­º­¨©²¨·￦´¥½¥¦°©￦‬‬ ‫‪￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڵڹڷ‬
‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬

‫‪￦‬ڹڶ‪ￊ©§Κ￦‬‬ ‫‪ￊ­º­¨©²¨·￦´¥½¥¦°©￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڵڹڷ‬ ‫‪￦‬‬

‫‪￦‬‬ ‫‪￦￦￉¥·¬￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڵڹڷ‬
‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬

‫‪￦‬ڵڷ‪ￊ©§Κ￦‬‬ ‫¨©¸‪￘©¸¥­²©¨￦©¥¶²­²«·Ο¹²¥´´¶³´¶­¥‬‬ ‫ڴڴڴ‪Ζ‬ڴڷ‬ ‫‪￦‬‬

‫‪￦‬‬ ‫‪￦￦￘©¸¥­²©¨￦©¥¶²­²«·Ο¥´´¶Κ￦ￌ³¶￦ￚ￙￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڷ‬
‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬

‫‪￦‬ڵڷ‪ￊ©§Κ￦‬‬ ‫‪￉³±´©²·¥¸­³²￦©¼´©²·©￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڼ‬ ‫‪￦‬‬

‫‪￦‬‬ ‫‪￦￦￙¸³§¯￦³´¸­³²·￦³¹¸·¸¥²¨­²«￦‬‬ ‫‪￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڼ‬
‫‪355‬‬
Chapter 33 Share-based Payment

￦
Retained Retained Share
Ordinary Share Treasury earnings earnings- dividends
shares Premium shares appro unappro payable
￈©«Κ￦ ‫ڼ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦ ‫ڶ‬Ζ‫ڴڴڹ‬Ζ‫ڴڴڴ‬￦ ￦ ￦ ‫ڷ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦ ￦
￈¥°¥²§©·￦
ￌ©¦Κ￦‫ڸڵ‬￦ ￦ ‫ڴںڵ‬Ζ‫ڴڴڴ‬￦ ￦ ￦ Ϯ‫ڴںڽ‬Ζ‫ڴڴڴ‬ϯ￦ ‫ڴڴڼ‬Ζ‫ڴڴڴ‬￦
ￓ¥¶§¬￦‫ڹڵ‬￦ ‫ڴڴڼ‬Ζ‫ڴڴڴ‬￦ ￦ ￦ ￦ ￦ Ϯ‫ڴڴڼ‬Ζ‫ڴڴڴ‬ϯ
ￓ¥¶§¬￦‫ڵڷ‬￦ ￦ ￦ ‫ڴڼڵ‬Ζ‫ڴڴڴ‬￦ ￦ ￦
￐¹²©￦‫ڵ‬￦ ￦ ‫ڴڵ‬Ζ‫ڴڴڴ‬￦ Ϯ‫ڴڶڵ‬Ζ‫ڴڴڴ‬ϯ￦ ￦ ￦ ￦
ￊ©§Κ￦‫ڵ‬￦ ￦ Ϯ‫ڷ‬Ζ‫ڴڴڴ‬ϯ￦ Ϯ‫ڴڷ‬Ζ‫ڴڴڴ‬ϯ￦ ￦ ￦ ￦
ￊ©§Κ￦‫ڹ‬ ￦ ￦ ￦ ￦ Ϯ‫ڵڹڷ‬Ζ‫ڴڴڴ‬ϯ￦
ￊ©§Κ￦‫ڵڷ‬￦ ￦ ￦ ￦ ‫ڴڷ‬Ζ‫ڴڴڴ‬￦ Ϯ‫ڴڷ‬Ζ‫ڴڴڴ‬ϯ￦ ￦
ￊ©§Κ￦‫ڵڷ‬￦ ￦ ‫ڴڼ‬Ζ‫ڴڴڴ‬￦ ￦ ￦ Ϯ‫ڴڼ‬Ζ‫ڴڴڴ‬ϯ￦
ￊ©§Κ￦‫ڵڷ‬￦ ￦ ￦ ￦ ￦ ‫ڶ‬Ζ‫ڴڴڹ‬Ζ‫ڴڴڴ‬￦ ￦
ￚ³¸¥° ‫ڼ‬Ζ‫ڴڴڼ‬Ζ‫ڴڴڴ‬￦ ‫ڶ‬Ζ‫ڻڸڻ‬Ζ‫ڴڴڴ‬￦ ‫ڴڷ‬Ζ‫ڴڴڴ‬￦ ‫ڴڷ‬Ζ‫ڴڴڴ‬￦ ‫ڸ‬Ζ‫ڽڻڴ‬Ζ‫ڴڴڴ‬￦ Ο
￦
SUMMARY OF ANSWERS:
‫ڵ‬Κ￦ B ‫ڶ‬Κ￦ B ‫ڷ‬Κ￦ B ‫ڸ‬Κ￦ D ‫ڹ‬Κ￦ C ￦

356
Chapter 34 Book Value and Earnings Per Share

CHAPTER 34: BOOK VALUE AND EARNINGS PER

SHARE
￦
PROBLEM 34-1 One Class of Shares
￦

ￚ³¸¥°￦·¬¥¶©¬³°¨©¶·‫ك‬￦©µ¹­¸½￦ ‫ںڵ‬Ζ‫ڴڶڶ‬Ζ‫ڴڴڴ‬￦
ￇ¨¨Ό￦￙¹¦·§¶­´¸­³²￦¶©§©­º¥¦°©￦ ‫ڵ‬Ζ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦
ￚ³¸¥°￦￙ￎￋ￦©¼§°¹¨­²«￦·¹¦·§¶­´¸­³²￦¶©§©­º¥¦°©￦ ‫ڻڵ‬Ζ‫ڴڶڸ‬Ζ‫ڴڴڴ‬￦
ￊ­º­¨©¨￦¦½Ό￦ￕ¶¨­²¥¶½￦·¬¥¶©·￦³¹¸·¸¥²¨­²«Є￦ ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦
￈³³¯￦º¥°¹©￦´©¶￦·¬¥¶©￦ ￦ ￦ ￦ (A)￦ ‫ڻڼ‬Κ‫ڴڵ‬￦
￦

￙¬¥¶©·￦­··¹©¨￦ ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦
ￇ¨¨Ό￦￙¹¦·§¶­¦©¨￦·¬¥¶©·￦Ϯￖ‫ڵ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦ϑ￦ￖ‫ڴڹ‬￦´¥¶ϯ￦ ‫ڴڶ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦ￚ¶©¥·¹¶½￦·¬¥¶©·￦ ‫ڴڶ‬Ζ‫ڴڴڴ‬￦
ￕ¶¨­²¥¶½￦·¬¥¶©·￦³¹¸·¸¥²¨­²«￦ ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦
￦
￦
PROBLEM 34-2 Two Classes of Shares - Preference and Ordinary Shares
Total
Preference shares: Shares par value
ￖ¶©ª©¶©²§©￦·¬¥¶©￦§¥´­¸¥°￦­··¹©¨￦ ‫ڶڵ‬Ζ‫ڴڴڹ‬￦ ￖ‫ڹ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
ￇ¨¨Ό￦￙¹¦·§¶­¦©¨￦´¶©ª©¶©²§©￦·¬¥¶©·￦ Ο￦ Ο￦
ￚ³¸¥°￦ ‫ڶڵ‬Ζ‫ڴڴڹ‬￦ ￖ‫ڹ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦ￚ¶©¥·¹¶½￦·¬¥¶©·￦¥¸￦´¥¶￦ Ο￦ Ο￦
￙¬¥¶©·￦³¹¸·¸¥²¨­²«￦¥²¨￦¸³¸¥°￦´¥¶￦º¥°¹©￦ ‫ڶڵ‬Ζ‫ڴڴڹ‬￦ ￖ‫ڹ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
￦

Total
Ordinary shares: Shares par value
ￕ¶¨­²¥¶½￦·¬¥¶©￦§¥´­¸¥°￦­··¹©¨￦ ‫ڹڻ‬Ζ‫ڴڴڴ‬￦ ￖ‫ڷ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
ￇ¨¨Ό￦￙¹¦·§¶­¦©¨￦³¶¨­²¥¶½￦·¬¥¶©·￦ Ο￦ Ο￦
ￚ³¸¥°￦ ‫ڹڻ‬Ζ‫ڴڴڴ‬￦ ￖ‫ڷ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦ￚ¶©¥·¹¶½￦·¬¥¶©·￦¥¸￦´¥¶￦ Ο￦ Ο￦
￙¬¥¶©·￦³¹¸·¸¥²¨­²«￦¥²¨￦¸³¸¥°￦´¥¶￦º¥°¹©￦ ‫ڹڻ‬Ζ‫ڴڴڴ‬￦ ￖ‫ڷ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
￦

ￚ³¸¥°￦·¬¥¶©¬³°¨©¶·‫ك‬￦©µ¹­¸½￦ ‫ڹڵ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦ￖ¥¶￦º¥°¹©￦³ª￦³¹¸·¸¥²¨­²«￦´¶©ª©¶©²§©￦·¬¥¶©·￦ ‫ڹ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
￦￦￦￦￦￦￦￦￦￦￦ￖ¥¶￦º¥°¹©￦³ª￦³¹¸·¸¥²¨­²«￦³¶¨­²¥¶½￦·¬¥¶©·￦ ‫ڷ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
ￋ¼§©··￦³º©¶￦´¥¶￦ ‫ڻ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
￦

CASE NO. 1
Question No. 1 & 2
Excess Preference Ordinary
over par shares shares
￈¥°¥²§©·￦ ￖ‫ڻ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦ ￖ‫ڹ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦ ￖ‫ڷ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
ￖ¶©ª©¶©²§©￦¨­º­¨©²¨￦
￦￦Ϯ‫ڹ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦¼￦‫ܫڼ‬￦¼￦‫ڸ‬ϯ￦￦ Ϯ‫ڵ‬Ζ‫ڴڴں‬Ζ‫ڴڴڴ‬ϯ￦ ‫ڵ‬Ζ‫ڴڴں‬Ζ‫ڴڴڴ‬￦ ￦
￈¥°¥²§©￦¸³￦³¶¨­²¥¶½￦·¬¥¶©·￦ ‫ڹ‬Ζ‫ڴڴڸ‬Ζ‫ڴڴڴ‬￦ ￦ ‫ڹ‬Ζ‫ڴڴڸ‬Ζ‫ڴڴڴ‬￦
357
Chapter 34 Book Value and Earnings Per Share

ￚ³¸¥°￦ ￦ ￦ ‫ں‬Ζ‫ڴڴں‬Ζ‫ڴڴڴ‬￦ ‫ڼ‬Ζ‫ڴڴڸ‬Ζ‫ڴڴڴ‬￦

ￊ­º­¨©￦¦½Ό￦ￕ¹¸·¸¥²¨­²«￦·¬¥¶©·￦ ￦ ‫ڶڵ‬Ζ‫ڴڴڹ‬￦ ‫ڹڻ‬Ζ‫ڴڴڴ‬￦
￈³³¯￦º¥°¹©￦´©¶￦·¬¥¶©￦ ￦ P528.00 P112.00
￦

CASE NO. 2
Question No. 3 & 4
Excess Preference Ordinary
over par shares shares
￈¥°¥²§©·￦ ￖ‫ڻ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦ ￖ‫ڹ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦ ￖ‫ڷ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
ￖ¶©ª©¶©²§©￦¨­º­¨©²¨￦
￦￦Ϯ‫ڹ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦¼￦‫ܫڼ‬￦¼￦‫ڸ‬ϯ￦￦ Ϯ‫ڵ‬Ζ‫ڴڴں‬Ζ‫ڴڴڴ‬ϯ￦ ‫ڵ‬Ζ‫ڴڴں‬Ζ‫ڴڴڴ‬￦ ￦
ￒ­µ¹­¨¥¸­³²￦´¶©±­¹±￦σϮￖ‫ڴڶڸ‬Ο
ￖ‫ڴڴڸ‬ϯ￦¼￦‫ڶڵ‬Ζ‫ڴڴڹ‬σ￦ Ϯ‫ڴڹڶ‬Ζ‫ڴڴڴ‬ϯ￦ ‫ڴڹڶ‬Ζ‫ڴڴڴ‬￦ ￦
￈¥°¥²§©￦¸³￦³¶¨­²¥¶½￦·¬¥¶©·￦ ‫ڹ‬Ζ‫ڴڹڵ‬Ζ‫ڴڴڴ‬￦ ￦ ‫ڹ‬Ζ‫ڴڹڵ‬Ζ‫ڴڴڴ‬￦
￦ ￦ ‫ں‬Ζ‫ڴڹڼ‬Ζ‫ڴڴڴ‬￦ ‫ڼ‬Ζ‫ڴڹڵ‬Ζ‫ڴڴڴ‬￦
ￊ­º­¨©￦¦½Ό￦ￕ¹¸·¸¥²¨­²«￦·¬¥¶©·￦ ￦ ‫ڶڵ‬Ζ‫ڴڴڹ‬￦ ‫ڹڻ‬Ζ‫ڴڴڴ‬￦
￈³³¯￦º¥°¹©￦´©¶￦·¬¥¶©￦ ￦ P548.00 P108.67
￦

CASE NO. 3
Question No. 4 & 5
Excess Preference Ordinary
over par shares shares
￈¥°¥²§©·￦ ￖ‫ڻ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦ ￖ‫ڹ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦ ￖ‫ڷ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
ￖ¶©ª©¶©²§©￦¨­º­¨©²¨￦
￦￦Ϯ‫ڹ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦¼￦‫ܫڼ‬￦¼ 1ϯ￦￦ Ϯ‫ڴڴڸ‬Ζ‫ڴڴڴ‬ϯ￦ ‫ڴڴڸ‬Ζ‫ڴڴڴ‬￦ ￦
￈¥°¥²§©￦¸³￦³¶¨­²¥¶½￦·¬¥¶©·￦ ‫ں‬Ζ‫ڴڴں‬Ζ‫ڴڴڴ‬￦ ￦ ‫ں‬Ζ‫ڴڴں‬Ζ‫ڴڴڴ‬￦
￦ ￦ ‫ڹ‬Ζ‫ڴڴڸ‬Ζ‫ڴڴڴ‬￦ ‫ڽ‬Ζ‫ڴڴں‬Ζ‫ڴڴڴ‬￦
ￊ­º­¨©￦¦½Ό￦ￕ¹¸·¸¥²¨­²«￦·¬¥¶©·￦ ￦ ‫ڶڵ‬Ζ‫ڴڴڹ‬￦ ‫ڹڻ‬Ζ‫ڴڴڴ‬￦
￈³³¯￦º¥°¹©￦´©¶￦·¬¥¶©￦ ￦ P432.00 P128.00
￦

CASE NO. 4
Question No. 7 & 8
Excess Preference Ordinary
over par shares shares
￈¥°¥²§©·￦ ￖ‫ڻ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦ ￖ‫ڹ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦ ￖ‫ڷ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
ￖ¶©ª©¶©²§©￦¨­º­¨©²¨￦
￦￦Ϯ‫ڹ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦¼￦‫ܫڼ‬￦¼￦‫ڸ‬ϯ￦￦ Ϯ‫ڵ‬Ζ‫ڴڴں‬Ζ‫ڴڴڴ‬ϯ￦ ‫ڵ‬Ζ‫ڴڴں‬Ζ‫ڴڴڴ‬￦ ￦
ￕ¶¨­²¥¶½￦¨­º­¨©²¨￦
￦￦Ϯ‫ڷ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦¼￦‫ܫڼ‬￦¼￦‫ڵ‬ϯ￦ Ϯ‫ڴڸڶ‬Ζ‫ڴڴڴ‬ϯ￦ ￦ ‫ڴڸڶ‬Ζ‫ڴڴڴ‬￦
￈¥°¥²§©￦ª³¶￦´¥¶¸­§­´¥¸­³²￦ ‫ڹ‬Ζ‫ڴںڵ‬Ζ‫ڴڴڴ‬￦ ￦ ￦
ￖ¶©ª©¶©²§©￦Ϯ‫ڹ‬ϑ‫ڼ‬￦¼￦‫ڹ‬Ζ‫ڴںڵ‬Ζ‫ڴڴڴ‬ϯ￦ Ϯ‫ڷ‬Ζ‫ڹڶڶ‬Ζ‫ڴڴڴ‬ϯ￦ ‫ڷ‬Ζ‫ڹڶڶ‬Ζ‫ڴڴڴ‬￦ ￦
￈¥°¥²§©￦¸³￦³¶¨­²¥¶½￦·¬¥¶©·￦ ‫ڵ‬Ζ‫ڹڷڽ‬Ζ‫ڴڴڴ‬￦ ￦ ‫ڵ‬Ζ‫ڹڷڽ‬Ζ‫ڴڴڴ‬￦
￦ ￦ ‫ڽ‬Ζ‫ڹڶڼ‬Ζ‫ڴڴڴ‬￦ ‫ڹ‬Ζ‫ڹڻڵ‬Ζ‫ڴڴڴ‬￦
ￊ­º­¨©￦¦½Ό￦ￕ¹¸·¸¥²¨­²«￦·¬¥¶©·￦ ￦ ‫ڶڵ‬Ζ‫ڴڴڹ‬￦ ‫ڹڻ‬Ζ‫ڴڴڴ‬￦
￈³³¯￦º¥°¹©￦´©¶￦·¬¥¶©￦ ￦ P786.00 P69.00
￦

SUMMARY OF ANSWERS:￦
1. A 2. A 3. B 4. D 5. C 6. B 7. D 8. C
358
Chapter 34 Book Value and Earnings Per Share

PROBLEM 34-3 Book Value per Share

￦

Total
Preference shares: Shares par value
ￖ¶©ª©¶©²§©￦·¬¥¶©￦§¥´­¸¥°￦­··¹©¨￦ ‫ڴڸ‬Ζ‫ڴڴڴ‬￦ ￖ‫ڸ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
ￇ¨¨Ό￦￙¹¦·§¶­¦©¨￦´¶©ª©¶©²§©￦·¬¥¶©·￦ Ο￦ Ο￦
ￚ³¸¥°￦ ‫ڴڸ‬Ζ‫ڴڴڴ‬￦ ￖ‫ڸ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦ￚ¶©¥·¹¶½￦·¬¥¶©·￦¥¸￦´¥¶￦ Ο￦ Ο￦
￙¬¥¶©·￦³¹¸·¸¥²¨­²«￦¥²¨￦¸³¸¥°￦´¥¶￦º¥°¹©￦ ‫ڴڸ‬Ζ‫ڴڴڴ‬￦ ￖ‫ڸ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
￦

Total
Ordinary shares: Shares par value
ￕ¶¨­²¥¶½￦·¬¥¶©￦§¥´­¸¥°￦­··¹©¨￦ ‫ںڶ‬Ζ‫ڴڴڴ‬￦ ￖ‫ڵ‬Ζ‫ڴڸڴ‬Ζ‫ڴڴڴ‬￦
ￇ¨¨Ό￦￙¹¦·§¶­¦©¨￦³¶¨­²¥¶½￦·¬¥¶©·￦ Ο￦ Ο￦
ￚ³¸¥°￦ ‫ںڶ‬Ζ‫ڴڴڴ‬￦ ￖ‫ڵ‬Ζ‫ڴڸڴ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦ￚ¶©¥·¹¶½￦·¬¥¶©·￦¥¸￦´¥¶￦ ‫ڵ‬Ζ‫ڴڴڴ‬￦ ‫ڴڸ‬Ζ‫ڴڴڴ‬￦
￙¬¥¶©·￦³¹¸·¸¥²¨­²«￦¥²¨￦¸³¸¥°￦´¥¶￦º¥°¹©￦ ‫ڹڶ‬Ζ‫ڴڴڴ‬￦ ￖ‫ڵ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
￦

ￚ³¸¥°￦·¬¥¶©¬³°¨©¶·‫ك‬￦©µ¹­¸½￦ ‫ڵڵ‬Ζ‫ڴڻڽ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦ￖ¥¶￦º¥°¹©￦³ª￦³¹¸·¸¥²¨­²«￦´¶©ª©¶©²§©￦·¬¥¶©·￦ ‫ڸ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
￦￦￦￦￦￦￦￦￦￦￦ￖ¥¶￦º¥°¹©￦³ª￦³¹¸·¸¥²¨­²«￦³¶¨­²¥¶½￦·¬¥¶©·￦ ‫ڵ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
ￋ¼§©··￦³º©¶￦´¥¶￦ ‫ں‬Ζ‫ڴڻڽ‬Ζ‫ڴڴڴ‬￦
￦

CASE NO. 1
Question No. 1 & 2
Excess Preference Ordinary
over par shares shares
￈¥°¥²§©·￦ ￖ‫ں‬Ζ‫ڴڻڽ‬Ζ‫ڴڴڴ‬￦ ￖ‫ڸ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦ ￖ‫ڵ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
ￖ¶©ª©¶©²§©￦¨­º­¨©²¨￦
￦￦Ϯ‫ڸ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦¼￦‫ܫڼ‬￦¼￦‫ڸ‬ϯ￦￦ Ϯ‫ڵ‬Ζ‫ڴڼڶ‬Ζ‫ڴڴڴ‬ϯ￦ ‫ڵ‬Ζ‫ڴڼڶ‬Ζ‫ڴڴڴ‬￦ ￦
￈¥°¥²§©￦¸³￦³¶¨­²¥¶½￦·¬¥¶©·￦ ‫ڹ‬Ζ‫ڴڽں‬Ζ‫ڴڴڴ‬￦ ￦ ‫ڹ‬Ζ‫ڴڽں‬Ζ‫ڴڴڴ‬￦
©µ¹­¸½￦ ￦ ‫ڹ‬Ζ‫ڴڼڶ‬Ζ‫ڴڴڴ‬￦ ‫ں‬Ζ‫ڴڽں‬Ζ‫ڴڴڴ‬￦
ￊ­º­¨©￦¦½Ό￦ￕ¹¸·¸¥²¨­²«￦·¬¥¶©·￦ ￦ ‫ڴڸ‬Ζ‫ڴڴڴ‬￦ ‫ڹڶ‬Ζ‫ڴڴڴ‬￦
￈³³¯￦º¥°¹©￦´©¶￦·¬¥¶©￦ ￦ P132.00 P267.60
￦

CASE NO. 2
Question No. 3 & 4
Excess Preference Ordinary
over par shares shares
￈¥°¥²§©·￦ ￖ‫ں‬Ζ‫ڴڻڽ‬Ζ‫ڴڴڴ‬￦ ￖ‫ڸ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦ ￖ‫ڵ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
ￖ¶©ª©¶©²§©￦¨­º­¨©²¨￦
￦￦Ϯ‫ڸ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦¼￦‫ܫڼ‬￦¼￦‫ڸ‬ϯ￦￦ Ϯ‫ڵ‬Ζ‫ڴڼڶ‬Ζ‫ڴڴڴ‬ϯ￦ ‫ڵ‬Ζ‫ڴڼڶ‬Ζ‫ڴڴڴ‬￦ ￦
ￒ­µ¹­¨¥¸­³²￦´¶©±­¹±￦
￦￦σϮￖ‫ڹڴڵ‬Οￖ‫ڴڴڵ‬ϯ￦¼￦‫ڴڸ‬Ζ‫ڴڴڴ‬σ￦￦ Ϯ‫ڴڴڶ‬Ζ‫ڴڴڴ‬ϯ￦ ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦ ￦
￈¥°¥²§©￦¸³￦³¶¨­²¥¶½￦·¬¥¶©·￦ ‫ڹ‬Ζ‫ڴڽڸ‬Ζ‫ڴڴڴ‬￦ ￦ ‫ڹ‬Ζ‫ڴڽڸ‬Ζ‫ڴڴڴ‬￦
￦ ￦ ‫ڹ‬Ζ‫ڴڼڸ‬Ζ‫ڴڴڴ‬￦ ‫ں‬Ζ‫ڴڽڸ‬Ζ‫ڴڴڴ‬￦
ￊ­º­¨©￦¦½Ό￦ￕ¹¸·¸¥²¨­²«￦·¬¥¶©·￦ ￦ ‫ڴڸ‬Ζ‫ڴڴڴ‬￦ ‫ڹڶ‬Ζ‫ڴڴڴ‬￦
￈³³¯￦º¥°¹©￦´©¶￦·¬¥¶©￦ ￦ P137.00 P259.60
￦

359
Chapter 34 Book Value and Earnings Per Share

CASE NO. 3
Question No. 5 & 6
Excess Preference Ordinary
over par shares shares
￈¥°¥²§©·￦ ￖ‫ں‬Ζ‫ڴڻڽ‬Ζ‫ڴڴڴ‬￦ ￖ‫ڸ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦ ￖ‫ڵ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
ￖ¶©ª©¶©²§©￦¨­º­¨©²¨￦
￦￦Ϯ‫ڸ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦¼￦‫ܫڼ‬￦¼￦‫ڵ‬ϯ￦￦ Ϯ‫ڴڶڷ‬Ζ‫ڴڴڴ‬ϯ￦ ‫ڴڶڷ‬Ζ‫ڴڴڴ‬￦ ￦
￈¥°¥²§©￦¸³￦³¶¨­²¥¶½￦·¬¥¶©·￦ ‫ں‬Ζ‫ڴڹں‬Ζ‫ڴڴڴ‬￦ ￦ ‫ں‬Ζ‫ڴڹں‬Ζ‫ڴڴڴ‬￦
￦ ￦ ‫ڸ‬Ζ‫ڴڶڷ‬Ζ‫ڴڴڴ‬￦ ‫ڻ‬Ζ‫ڴڹں‬Ζ‫ڴڴڴ‬￦
ￊ­º­¨©￦¦½Ό￦ￕ¹¸·¸¥²¨­²«￦·¬¥¶©·￦ ￦ ‫ڴڸ‬Ζ‫ڴڴڴ‬￦ ‫ڹڶ‬Ζ‫ڴڴڴ‬￦
￈³³¯￦º¥°¹©￦´©¶￦·¬¥¶©￦ ￦ P108.00 P306.00
￦

CASE NO. 4
Question No. 7 & 8
Excess Preference Ordinary
over par shares shares
￈¥°¥²§©·￦ ￖ‫ں‬Ζ‫ڴڻڽ‬Ζ‫ڴڴڴ‬￦ ￖ‫ڸ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦ ￖ‫ڵ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
ￖ¶©ª©¶©²§©￦¨­º­¨©²¨￦
￦￦Ϯ‫ڸ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦¼￦‫ܫڼ‬￦¼￦‫ڵ‬ϯ￦￦ Ϯ‫ڴڶڷ‬Ζ‫ڴڴڴ‬ϯ￦ ‫ڴڶڷ‬Ζ‫ڴڴڴ‬￦ ￦
ￕ¶¨­²¥¶½￦¨­º­¨©²¨￦
￦￦Ϯ‫ڵ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦¼￦‫ܫڼ‬￦¼￦‫ڵ‬ϯ￦ Ϯ‫ڴڼ‬Ζ‫ڴڴڴ‬ϯ￦ ￦ ‫ڴڼ‬Ζ‫ڴڴڴ‬￦
￈¥°¥²§©￦ª³¶￦´¥¶¸­§­´¥¸­³²￦ ‫ں‬Ζ‫ڴڻڹ‬Ζ‫ڴڴڴ‬￦ ￦ ￦
￦ￖ¶©ª©¶©²§©￦Ϯ‫ڸ‬ϑ‫ڹ‬￦¼￦‫ں‬Ζ‫ڴڻڹ‬Ζ‫ڴڴڴ‬ϯ￦ Ϯ‫ڹ‬Ζ‫ںڹڶ‬Ζ‫ڴڴڴ‬ϯ￦ ‫ڹ‬Ζ‫ںڹڶ‬Ζ‫ڴڴڴ‬￦ ￦
￈¥°¥²§©￦¸³￦³¶¨­²¥¶½￦·¬¥¶©·￦ ‫ڵ‬Ζ‫ڸڵڷ‬Ζ‫ڴڴڴ‬￦ ￦ ‫ڵ‬Ζ‫ڸڵڷ‬Ζ‫ڴڴڴ‬￦
￦ ￦ ‫ڽ‬Ζ‫ںڻڹ‬Ζ‫ڴڴڴ‬￦ ‫ڶ‬Ζ‫ڸڽڷ‬Ζ‫ڴڴڴ‬￦
ￊ­º­¨©￦¦½Ό￦ￕ¹¸·¸¥²¨­²«￦·¬¥¶©·￦ ￦ ‫ڴڸ‬Ζ‫ڴڴڴ‬￦ ‫ڹڶ‬Ζ‫ڴڴڴ‬￦
￈³³¯￦º¥°¹©￦´©¶￦·¬¥¶©￦ ￦ P239.40 P95.76
￦
SUMMARY OF ANSWERS:￦
1. B 2. C 3. B 4. B 5. C 6. A 7. D 8. D
￦
￦
PROBLEM 34-4 Weighted Average with Bonus Issue
￦

Outstanding
Date Shares Fraction Average
‫ڵڴ‬ϑ‫ڵڴ‬￦ ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦¼￦‫ܫڴڶڵ‬￦ ‫ڴڸڶ‬Ζ‫ڴڴڴ‬￦ ‫ڶڵ‬ϑ‫ڶڵ‬￦ ‫ڴڸڶ‬Ζ‫ڴڴڴ‬￦
‫ڷڴ‬ϑ‫ڵڴ‬￦ ‫ڹڵ‬Ζ‫ڴڴڴ‬￦¼￦‫ܫڴڶڵ‬￦ ‫ڼڵ‬Ζ‫ڴڴڴ‬￦ ‫ڴڵ‬ϑ‫ڶڵ‬￦ ‫ڹڵ‬Ζ‫ڴڴڴ‬￦
‫ڻڴ‬ϑ‫ڵڴ‬￦ Ϯ‫ڴڵ‬Ζ‫ڴڴڴ‬ϯ￦ Ϯ‫ڴڵ‬Ζ‫ڴڴڴ‬ϯ￦ ‫ں‬ϑ‫ڶڵ‬￦ Ϯ‫ڹ‬Ζ‫ڴڴڴ‬ϯ￦
‫ڴڵ‬ϑ‫ڵڴ‬￦ ‫ڸ‬Ζ‫ڴڴڴ‬￦ ‫ڸ‬Ζ‫ڴڴڴ‬￦ ‫ڷ‬ϑ‫ڶڵ‬￦ ‫ڵ‬Ζ‫ڴڴڴ‬￦
￝©­«¬¸©¨￦¥º©¶¥«©￦³¹¸·¸¥²¨­²«￦·¬¥¶©·￦ ￦ (A)￦ 251,000
￦
￦

360
Chapter 34 Book Value and Earnings Per Share

PROBLEM 34-5 Weighted Average with Share Split

￦

Outstanding
Date Shares Fraction Average
‫ڵڴ‬ϑ‫ڵڴ‬￦ ‫ڴڶڶ‬Ζ‫ڴڴڴ‬￦¼￦‫ڸ‬ϑ‫ڵ‬￦ ‫ڴڼڼ‬Ζ‫ڴڴڴ‬￦ ‫ڶڵ‬ϑ‫ڶڵ‬￦ ‫ڴڼڼ‬Ζ‫ڴڴڴ‬￦
‫ڷڴ‬ϑ‫ڵڴ‬￦ ‫ڶڵ‬Ζ‫ڴڴڴ‬￦¼￦‫ڸ‬ϑ‫ڵ‬￦ ‫ڼڸ‬Ζ‫ڴڴڴ‬￦ ‫ڴڵ‬ϑ‫ڶڵ‬￦ ‫ڴڸ‬Ζ‫ڴڴڴ‬￦
‫ڸڴ‬ϑ‫ڵڴ‬￦ ‫ڽ‬Ζ‫ڴڴڴ‬￦ ‫ڽ‬Ζ‫ڴڴڴ‬￦ ‫ڽ‬ϑ‫ڶڵ‬￦ ‫ں‬Ζ‫ڴڹڻ‬￦
‫ڴڵ‬ϑ‫ڵڴ‬￦ ‫ں‬Ζ‫ڴڴڴ‬￦ ‫ں‬Ζ‫ڴڴڴ‬￦ ‫ڷ‬ϑ‫ڶڵ‬￦ ‫ڵ‬Ζ‫ڴڴڹ‬￦
￝©­«¬¸©¨￦¥º©¶¥«©￦³¹¸·¸¥²¨­²«￦·¬¥¶©·￦ ￦ (A)￦ 928,250
￦
￦
PROBLEM 34-6 Basic Earnings per Share
￦

Question No. 1 (B)

￈¥·­§￦ￋￖ￙￦‫ܥ‬￦σￖ‫ڷ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦ϑ￦‫ڴڸ‬Ζ‫ڴڴڴ‬σ￦‫ܥ‬￦ￖ‫ڹڻ‬￦´©¶￦·¬¥¶©￦
￦

Question No. 2 (C)

￈¥·­§￦ￋￖ￙￦‫ܥ‬￦σￖ‫ڷ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦Ο￦Ϯ‫ڴڵ‬Ζ‫ڴڴڴ‬￦¼￦‫ܫڴڵ‬￦¼￦ￖ‫ڴڹ‬ϯσϑ‫ڴڸ‬Ζ‫ܥڴڴڴ‬￦ￖ‫ڷڻ‬Κ‫ڹڻ‬￦´©¶￦·¬¥¶©￦
￦

Question No. 3 (C)

￈¥·­§￦ￋￖ￙￦‫ܥ‬￦σￖ‫ڷ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦Ο￦Ϯ‫ڴڵ‬Ζ‫ڴڴڴ‬￦¼￦‫ܫڴڵ‬￦¼￦ￖ‫ڴڹ‬ϯσϑ‫ڴڸ‬Ζ‫ܥڴڴڴ‬￦ￖ‫ڷڻ‬Κ‫ڹڻ‬￦´©¶￦·¬¥¶©￦
￦
￦
PROBLEM 34-7 Basic Loss per Share
￦

Question No. 1 (B)

￈¥·­§￦ￒￖ￙￦‫ܥ‬￦σￖ‫ڶ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦ϑ￦‫ڴڷ‬Ζ‫ڴڴڴ‬σ￦‫ܥ‬￦ￖ‫ںں‬Κ‫ڻں‬￦´©¶￦·¬¥¶©￦
￦

Question No. 2 (C)

￈¥·­§￦ￒￖ￙￦‫ܥ‬￦σￖ‫ڶ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦‫ܩ‬￦Ϯ‫ڹ‬Ζ‫ڴڴڴ‬￦¼￦‫ܫڴڵ‬￦¼￦ￖ‫ڴڴڵ‬ϯσϑ‫ڴڷ‬Ζ‫ܥڴڴڴ‬￦‫ڼں‬Κ‫ڷڷ‬￦´©¶￦·¬¥¶©￦
￦

Question No. 3 (D)

￈¥·­§￦ￒￖ￙￦‫ܥ‬￦σￖ‫ڶ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦‫ܩ‬￦Ϯ‫ڴں‬Ζ‫ڴڴڴ‬ϯσϑ‫ڴڷ‬Ζ‫ܥڴڴڴ‬￦ￖ‫ڼں‬Κ‫ڻں‬￦´©¶￦·¬¥¶©￦
￦
￦
PROBLEM 34-8 Basic and Diluted EPS with Convertible Bonds Payable
￦

Question No. 1
￈¥·­§￦ￋￖ￙￦‫ܥ‬￦ￖ‫ڷ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦ϑ￦‫ڴڶڵ‬Ζ‫ڴڴڴ‬￦‫ܥ‬￦P25 per share￦
￦

Question No. 2
ￊ­°¹¸©¨￦ ￖ‫ڷ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦‫ܩ‬￦σϮￖ‫ڵ‬Ζ‫ڴڴڼ‬Ζ‫ڴڴڴ‬￦¼￦‫ܫڴڵ‬ϯ￦¼￦Ϯ‫ڵ‬￦ ￦‫ܫڴڷ‬ϯσ￦
‫ܥ‬￦
ￋￖ￙￦ ‫ڽڶڵ‬Ζ‫ڴڴڴ‬￦·¬¥¶©·￦Є￦
ￊ­°¹¸©¨￦ￋￖ￙￦‫ܥ‬￦P24.23 per share￦
￦

￝©­«¬¸©¨￦¥º©¶¥«©￦³ª￦¥§¸¹¥°￦³¶¨­²¥¶½￦·¬¥¶©·￦ ￦ ‫ڴڶڵ‬Ζ‫ڴڴڴ‬￦
ￇ¨¨Ό￦￝©­«¬¸©¨￦¥º©¶¥«©￦³ª￦´³¸©²¸­¥°￦³¶¨­²¥¶½￦￦
￦￦·¬¥¶©·￦ª¶³±￦¥··¹±©¨￦§³²º©¶·­³²￦Ϯ‫ڵ‬Ζ‫ڴڴڼ‬￦¼￦‫ڹ‬￦¼￦‫ڶڵ‬ϑ‫ڶڵ‬ϯ￦ ￦ ‫ڽ‬Ζ‫ڴڴڴ‬￦
ￚ³¸¥°￦»©­«¬¸©¨￦¥º©¶¥«©￦³ª￦³¶¨­²¥¶½￦·¬¥¶©·￦ ￦ ‫ڽڶڵ‬Ζ‫ڴڴڴ‬￦
￦

361
Chapter 34 Book Value and Earnings Per Share

Question No. 3
ￊ­°¹¸©¨￦ ￖ‫ڷ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦‫ܩ‬￦σϮￖ‫ڵ‬Ζ‫ڴڴڼ‬Ζ‫ڴڴڴ‬￦¼￦‫ܫڴڵ‬￦‫ڼ‬ϑ‫ڶڵ‬ϯ￦¼￦Ϯ‫ڵ‬￦ ￦‫ܫڴڷ‬ϯσ￦
‫ܥ‬￦
ￋￖ￙￦ ‫ںڶڵ‬Ζ‫ڴڴڴ‬￦·¬¥¶©·￦Є￦
ￊ­°¹¸©¨￦ￋￖ￙￦‫ܥ‬￦P24.48 per share￦
￦

￝©­«¬¸©¨￦¥º©¶¥«©￦³ª￦¥§¸¹¥°￦³¶¨­²¥¶½￦·¬¥¶©·￦ ￦ ‫ڴڶڵ‬Ζ‫ڴڴڴ‬￦
ￇ¨¨Ό￦￝©­«¬¸©¨￦¥º©¶¥«©￦³ª￦´³¸©²¸­¥°￦³¶¨­²¥¶½￦￦
￦￦·¬¥¶©·￦ª¶³±￦¥··¹±©¨￦§³²º©¶·­³²￦Ϯ‫ڵ‬Ζ‫ڴڴڼ‬￦¼￦‫ڹ‬￦¼￦‫ڼ‬ϑ‫ڶڵ‬ϯ￦ ￦ ‫ں‬Ζ‫ڴڴڴ‬￦
ￚ³¸¥°￦»©­«¬¸©¨￦¥º©¶¥«©￦³ª￦³¶¨­²¥¶½￦·¬¥¶©·￦ ￦ ‫ںڶڵ‬Ζ‫ڴڴڴ‬￦
￦
Question No. 4
ￖ‫ڷ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
￈¥·­§￦ￋￖ￙￦ ‫ܥ‬￦
‫ڷڶڵ‬Ζ‫ڴڹڻ‬Є￦
￦ ‫ܥ‬￦ P24.24
￦

￝©­«¬¸©¨￦¥º©¶¥«©￦³ª￦¥§¸¹¥°￦³¶¨­²¥¶½￦·¬¥¶©·￦ ￦ ‫ڴڶڵ‬Ζ‫ڴڴڴ‬￦
ￇ¨¨Ό￦ￏ··¹¥²§©￦³ª￦·¬¥¶©·￦¶©°¥¸©¨￦¸³￦§³²º©¶·­³²￦
￦ Ϯ‫ڵ‬Ζ‫ڴڴڼ‬￦¼￦‫ڹ‬￦¼￦‫ڹ‬ϑ‫ڶڵ‬ϯ￦ ￦ ‫ڷ‬Ζ‫ڴڹڻ‬￦
ￚ³¸¥°￦»©­«¬¸©¨￦¥º©¶¥«©￦³ª￦actual ³¶¨­²¥¶½￦·¬¥¶©·￦­··¹©¨￦ ￦ ‫ڷڶڵ‬Ζ‫ڴڹڻ‬￦
ￇ¨¨Ό￦ￇ··¹±©¨￦§³²º©¶¸©¨￦³¶¨­²¥¶½￦·¬¥¶©·￦¼￦±³²¸¬·￦￦
￦ ³¹¸·¸¥²¨­²«￦Ϯ‫ڵ‬Ζ‫ڴڴڼ‬￦¼￦‫ڹ‬￦¼￦‫ڻ‬ϑ‫ڶڵ‬ϯ￦ ￦ ‫ڹ‬Ζ‫ڴڹڶ‬￦
ￚ³¸¥°￦»©­«¬¸©¨￦¥º©¶¥«©￦³¹¸·¸¥²¨­²«￦³¶¨­²¥¶½￦·¬¥¶©·￦ ￦ ‫ڽڶڵ‬Ζ‫ڴڴڴ‬￦
￦
Question No. 5
ￖ‫ڷ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦‫ܩ‬￦σϮￖ‫ڵ‬Ζ‫ڴڴڼ‬Ζ‫ڴڴڴ‬￦¼￦‫ܫڴڵ‬￦¼￦‫ڻ‬ϑ‫ڶڵ‬ϯ￦¼￦Ϯ‫ڵ‬￦ ￦‫ܫڴڷ‬ϯσ￦
ￊ­°¹¸©¨￦ￋￖ￙￦ ‫ܥ‬￦
‫ڽڶڵ‬Ζ‫ڴڴڴ‬￦·¬¥¶©·￦Є￦
ￊ­°¹¸©¨￦ￋￖ￙￦‫ܥ‬￦P23.83 per share￦
￦

SUMMARY OF ANSWERS:￦
1. A 2. D 3. B 4. D 5. B
￦
￦
PROBLEM 34-9 Basic and Diluted EPS with Convertible Bonds Payable
￦

Question No. 1
￈¥·­§￦ￋￖ￙￦‫ܥ‬￦ￖ‫ڸ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦ϑ￦‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦‫ܥ‬￦P20 per share￦
￦
Question No. 2
ￖ‫ڸ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦‫ܩ‬￦σϮￖ‫ڵ‬Ζ‫ڷڶڵ‬Ζ‫ڴڵڽ‬￦¼￦‫ܫڴڵ‬￦¼￦‫ڼ‬ϑ‫ڶڵ‬ϯ￦¼￦Ϯ‫ڵ‬￦ ￦‫ܫڴڷ‬ϯσ￦
ￊ­°¹¸©¨￦ￋￖ￙￦ ‫ܥ‬￦
‫ڴڵڶ‬Ζ‫ڴڴڴ‬￦·¬¥¶©·Є￦
ￊ­°¹¸©¨￦ￋￖ￙￦‫ܥ‬￦P19.30 per share￦
￦

￝©­«¬¸©¨￦¥º©¶¥«©￦³ª￦¥§¸¹¥°￦³¶¨­²¥¶½￦·¬¥¶©·￦ ￦ ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦
ￇ¨¨Ό￦￝©­«¬¸©¨￦¥º©¶¥«©￦³ª￦´³¸©²¸­¥°￦³¶¨­²¥¶½￦·¬¥¶©·￦ª¶³±￦￦
￦ ¥··¹±©¨￦§³²º©¶·­³²Ϯ‫ڹڵ‬Ζ‫ڴڴڴ‬￦¼￦‫ڼ‬ϑ‫ڶڵ‬ϯ￦ ￦ ‫ڴڵ‬Ζ‫ڴڴڴ‬￦
ￚ³¸¥°￦»©­«¬¸©¨￦¥º©¶¥«©￦³ª￦³¶¨­²¥¶½￦·¬¥¶©·￦ ￦ ‫ڴڵڶ‬Ζ‫ڴڴڴ‬￦
￦
￦

362
Chapter 34 Book Value and Earnings Per Share

PROBLEM 34-10 Basic and Diluted EPS with Convertible Preference Shares
￦

Question No. 1
ￖ‫ڸ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦Ο￦σ‫ڹ‬Ζ‫ڴڴڴ‬￦¼￦ￖ‫ڴڴڵ‬￦¼￦‫ܫڴڵ‬σ￦
￈¥·­§￦ￋￖ￙￦ ‫ܥ‬￦
‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦·¬¥¶©·￦
￈¥·­§￦ￋￖ￙￦￦￦￦￦￦￦￦￦￦‫ܥ‬￦P19.75 per share￦
￦
Question No. 2
ￖ‫ڸ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
ￊ­°¹¸©¨￦ￋￖ￙￦ ‫ܥ‬￦
‫ڹڶڶ‬Ζ‫ڴڴڴ‬￦·¬¥¶©·Є￦
ￊ­°¹¸©¨￦ￋￖ￙￦￦￦￦￦￦￦‫ܥ‬￦P17.78 per share￦
￦

Єσ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦‫ܩ‬￦Ϯ‫ڹ‬￦¼￦￦‫ڹ‬Ζ‫ڴڴڴ‬￦¼￦‫ڶڵ‬ϑ‫ڶڵ‬ϯσ￦
￦
Question No. 3
ￖ‫ڸ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
ￊ­°¹¸©¨￦ￋￖ￙￦ ‫ܥ‬￦
‫ڼڵڶ‬Ζ‫ڴڹڻ‬￦·¬¥¶©·￦
ￊ­°¹¸©¨￦ￋￖ￙￦￦￦￦￦￦￦‫ܥ‬￦P18.29 per share￦
￦

Єσ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦‫ܩ‬￦Ϯ‫ڹ‬￦¼￦￦‫ڹ‬Ζ‫ڴڴڴ‬￦¼￦‫ڽ‬ϑ‫ڶڵ‬ϯσ￦
￦
Question No. 4
ￖ‫ڸ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦ ￦Ϯ‫ڹ‬Ζ‫ڴڴڴ‬￦¼￦ￖ‫ڴڴڵ‬￦¼￦‫ܫڴڵ‬￦¼￦‫ڽ‬ϑ‫ڶڵ‬ϯσ￦
￈¥·­§￦ￋￖ￙￦ ‫ܥ‬￦
‫ںڴڶ‬Ζ‫ڴڹڶ‬￦·¬¥¶©·￦
￈¥·­§￦ￋￖ￙￦￦￦￦￦￦￦￦￦￦‫ܥ‬￦P19.21 per share￦
￦
Єσ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦‫ܩ‬￦Ϯ‫ڹ‬￦¼￦‫ڹ‬Ζ‫ڴڴڴ‬￦¼￦‫ڷ‬ϑ‫ڶڵ‬ϯσ￦
￦
Question No. 5
ￖ‫ڸ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
ￊ­°¹¸©¨￦ￋￖ￙￦ ‫ܥ‬￦
‫ڹڶڶ‬Ζ‫ڴڴڴ‬￦·¬¥¶©·￦
ￊ­°¹¸©¨￦ￋￖ￙￦￦￦￦￦￦￦‫ܥ‬￦P17.78 per share￦
￦

Єσ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦‫ܩ‬￦Ϯ‫ڹ‬￦¼￦‫ڹ‬Ζ‫ڴڴڴ‬￦¼￦‫ڷ‬ϑ‫ڶڵ‬ϯ￦‫ܩ‬￦Ϯ‫ڹ‬￦¼￦‫ڹ‬Ζ‫ڴڴڴ‬￦¼￦‫ڽ‬ϑ‫ڶڵ‬ϯσ￦
￦
SUMMARY OF ANSWERS:￦
1. A 2. D 3. C 4. C 5. D
￦
￦
PROBLEM 34-11 Basic and Diluted EPS with Warrants and Options
￦

Question No. 1
￈¥·­§￦ￋￖ￙￦‫ܥ‬￦ￖ‫ڸ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦ϑ￦‫ڴڴڵ‬Ζ‫ڴڴڴ‬￦‫ܥ‬￦P40 per share￦
￦
Question No. 2
ￖ‫ڸ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
ￊ­°¹¸©¨￦ￋￖ￙￦ ‫ܥ‬￦
‫ڵڴڵ‬Ζ‫ڴڴڶ‬￦·¬¥¶©·￦Є￦
ￊ­°¹¸©¨￦ￋￖ￙￦￦￦￦￦￦￦‫ܥ‬￦P39.53 per share￦
￦

￦ ￦
363
Chapter 34 Book Value and Earnings Per Share

￝©­«¬¸©¨￦¥º©¶¥«©￦³ª￦¥§¸¹¥°￦³¶¨­²¥¶½￦·¬¥¶©·￦ ￦ ‫ڴڴڵ‬Ζ‫ڴڴڴ‬￦
ￇ¨¨Ό￦￝©­«¬¸©¨￦¥º©¶¥«©￦³ª￦­²§¶©±©²¸¥°￦·¬¥¶©·￦
￦￦￦￦ª¶³±￦¥··¹±©¨￦©¼©¶§­·©￦³ª￦³´¸­³²·￦Ϯ‫ڵ‬Ζ‫ڴڴڶ‬￦¼￦‫ڶڵ‬ϑ‫ڶڵ‬ϯ￦ ￦ ‫ڵ‬Ζ‫ڴڴڶ‬￦
ￚ³¸¥°￦»©­«¬¸©¨￦¥º©¶¥«©￦³ª￦³¶¨­²¥¶½￦·¬¥¶©·￦ ￦ ‫ڵڴڵ‬Ζ‫ڴڴڶ‬￦
￦

NoteΌ￦ￓ³²¸¬·￦³¹¸·¸¥²¨­²«￦ª³¶￦¥··¹±©¨￦©¼©¶§­·©￦³ª￦³´¸­³²·￦­·￦‫ڶڵ‬￦±³²¸¬·Ζ￦»¬­§¬￦
­·￦ª¶³±￦¨¥¸©￦³ª￦­··¹¥²§©￦¹´￦¸³￦¸¬©￦¶©´³¶¸­²«￦¨¥¸©Κ￦
￦

ￕ´¸­³²￦·¬¥¶©·￦ ￦ ‫ڽ‬Ζ‫ڴڴڴ‬￦
ￓ¹°¸­´°½￦¦½Ό￦ￚ³¸¥°￦©¼©¶§­·©￦´¶­§©￦Ϯ‫ڴڵܩڴڶڵ‬ϯ￦ ￦ ‫ڴڷڵ‬￦
ￖ¶³§©©¨·￦ª¶³±￦¥··¹±©¨￦©¼©¶§­·©￦³ª￦³´¸­³²·￦ ￦ ‫ڵ‬Ζ‫ڴڻڵ‬Ζ‫ڴڴڴ‬￦
ￊ­º­¨©¨￦¦½Ό￦ￇº©¶¥«©￦±¥¶¯©¸￦´¶­§©￦¨¹¶­²«￦¸¬©￦½©¥¶￦ ￦ ‫ڴڹڵ‬￦
ￇ··¹±©¨￦¸¶©¥·¹¶½￦·¬¥¶©·￦ ￦ ‫ڻ‬Ζ‫ڴڴڼ‬￦
￦

ￕ´¸­³²￦·¬¥¶©·￦ ￦ ‫ڽ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦ￇ··¹±©¨￦¸¶©¥·¹¶½￦·¬¥¶©·￦ ￦ ‫ڻ‬Ζ‫ڴڴڼ‬￦
ￏ²§¶©±©²¸¥°￦·¬¥¶©·￦ ￦ ‫ڵ‬Ζ‫ڴڴڶ‬￦
￦
Question No. 3
ￖ‫ڸ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
ￊ­°¹¸©¨￦ￋￖ￙￦ ‫ܥ‬￦
‫ڴڴڵ‬Ζ‫ڴڴڽ‬￦·¬¥¶©·￦Є￦
ￊ­°¹¸©¨￦ￋￖ￙￦￦￦￦￦￦￦‫ܥ‬￦P39.64 per share￦
￦

￝©­«¬¸©¨￦¥º©¶¥«©￦³ª￦¥§¸¹¥°￦³¶¨­²¥¶½￦·¬¥¶©·￦ ￦ ‫ڴڴڵ‬Ζ‫ڴڴڴ‬￦
ￇ¨¨Ό￦￝©­«¬¸©¨￦¥º©¶¥«©￦³ª￦­²§¶©±©²¸¥°￦·¬¥¶©·￦
￦￦￦￦ª¶³±￦¥··¹±©¨￦©¼©¶§­·©￦³ª￦³´¸­³²·￦Ϯ‫ڵ‬Ζ‫ڴڴڶ‬￦¼￦‫ڽ‬ϑ‫ڶڵ‬ϯ￦ ￦ ‫ڴڴڽ‬￦
ￚ³¸¥°￦»©­«¬¸©¨￦¥º©¶¥«©￦³ª￦³¶¨­²¥¶½￦·¬¥¶©·￦ ￦ ‫ڴڴڵ‬Ζ‫ڴڴڽ‬￦
￦
Question No. 4
ￖ‫ڸ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
ￊ­°¹¸©¨￦ￋￖ￙￦ ‫ܥ‬￦
‫ڸڴڵ‬Ζ‫ڻںں‬￦·¬¥¶©·￦Є￦
ￊ­°¹¸©¨￦ￋￖ￙￦￦￦￦￦￦￦‫ܥ‬￦P38.22 per share￦
￦

￝©­«¬¸©¨￦¥º©¶¥«©￦³ª￦¥§¸¹¥°￦¦©«­²²­²«￦³¶¨­²¥¶½￦·¬¥¶©·￦ ￦ ‫ڴڴڵ‬Ζ‫ڴڴڴ‬￦
ￇ¨¨Ό￦￝©­«¬¸©¨￦¥º©¶¥«©￦²¹±¦©¶￦³ª￦·¬¥¶©·￦ª¶³±￦­··¹¥²§©￦³ª￦
￦ ·¬¥¶©￦³´¸­³²·￦Ϯ‫ڽ‬Ζ‫ڴڴڴ‬￦¼￦‫ڸ‬ϑ‫ڶڵ‬ϯ￦ ￦ ‫ڷ‬Ζ‫ڴڴڴ‬￦
ￚ³¸¥°￦»©­«¬¸©¨￦¥º©¶¥«©￦³ª￦actual ³¶¨­²¥¶½￦·¬¥¶©·￦­··¹©¨￦ ￦ ‫ڷڴڵ‬Ζ‫ڴڴڴ‬￦
ￇ¨¨Ό￦￝©­«¬¸©¨￦¥º©¶¥«©￦³ª￦­²§¶©±©²¸¥°￦·¬¥¶©·￦
￦￦￦￦ª¶³±￦¥··¹±©¨￦©¼©¶§­·©￦³ª￦³´¸­³²·￦Ϯ‫ڶ‬Ζ‫ڴڴڹ‬￦¼￦‫ڼ‬ϑ‫ڶڵ‬ϯ￦ ￦ ‫ڵ‬Ζ‫ڻںں‬￦
ￚ³¸¥°￦»©­«¬¸©¨￦¥º©¶¥«©￦³¹¸·¸¥²¨­²«￦³¶¨­²¥¶½￦·¬¥¶©·￦ ￦ ‫ڸڴڵ‬Ζ‫ڻںں‬￦
￦

ￕ´¸­³²￦·¬¥¶©·￦ ￦ ‫ڽ‬Ζ‫ڴڴڴ‬￦
ￓ¹°¸­´°½￦¦½Ό￦ￚ³¸¥°￦©¼©¶§­·©￦´¶­§©￦Ϯ‫ڴڵܩڴڶڵ‬ϯ￦ ￦ ‫ڴڷڵ‬￦
ￖ¶³§©©¨·￦ª¶³±￦¥··¹±©¨￦©¼©¶§­·©￦³ª￦³´¸­³²·￦ ￦ ‫ڵ‬Ζ‫ڴڻڵ‬Ζ‫ڴڴڴ‬￦
ￊ­º­¨©¨￦¦½Ό￦ￓ¥¶¯©¸￦´¶­§©￦¥¸￦©¼©¶§­·©￦¨¥¸©￦ ￦ ‫ڴڼڵ‬￦
ￇ··¹±©¨￦¸¶©¥·¹¶½￦·¬¥¶©·￦ ￦ ‫ں‬Ζ‫ڴڴڹ‬￦
￦

ￕ´¸­³²￦·¬¥¶©·￦ ￦ ‫ڽ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦ￇ··¹±©¨￦¸¶©¥·¹¶½￦·¬¥¶©·￦ ￦ ‫ں‬Ζ‫ڴڴڹ‬￦
ￏ²§¶©±©²¸¥°￦·¬¥¶©·￦ ￦ ‫ڶ‬Ζ‫ڴڴڹ‬￦
￦

364
Chapter 34 Book Value and Earnings Per Share

SUMMARY OF ANSWERS:￦
1. A 2. C 3. B 4. D
￦
￦
PROBLEM 34-12 Multiple Potential Dilutive Securities
￦

Question No. 1 (A)

ￖ‫ڶ‬Ζ‫ڴںڷ‬Ζ‫ڴڴڴ‬￦ Ϯ‫ڴں‬Ζ‫ڴڴڴ‬￦¼￦ￖ‫ڴڴڵ‬￦¼￦‫ܫں‬ϯ￦
￈¥·­§￦ￋￖ￙￦ ‫ܥ‬￦
‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦
￈¥·­§￦ￋￖ￙￦￦￦￦￦￦‫ܥ‬￦P10 per share￦
￦
Question No. 2
‫ڵ‬ϯ ￉¬©§¯￦ª³¶￦initial test of dilution
¥Κ ￕ´¸­³²·￦
DilutiveΚ￦ￚ¬©￦©¼©¶§­·©￦´¶­§©￦Ϯￖ‫ڴڹ‬ϯ￦­·￦°©··￦¸¬¥²￦¸¬©￦¥º©¶¥«©￦±¥¶¯©¸￦´¶­§©￦
Ϯￖ‫ڴڴڵ‬ϯΚ￦
￦

¦Κ ￉³²º©¶¸­¦°©￦´¶©ª©¶©²§©￦·¬¥¶©·￦
Probably dilutiveΚ￦ ￚ¬©￦ ­²§¶©±©²¸¥°￦ ￋￖ￙￦ Ϯￖ‫ڵ‬Κ‫ڶ‬ϯ￦ ­·￦ °©··￦ ¸¬¥²￦ ¸¬©￦ ¦¥·­§￦
ￋￖ￙￦Ϯￖ‫ڴڵ‬ϯΚ￦
Ϯￖ‫ں‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦¼￦‫ܫں‬ϯ￦
ￏ²§¶©±©²¸¥°￦ￋￖ￙￦ ‫ܥ‬￦
Ϯ‫ڴں‬Ζ‫ڴڴڴ‬￦¼￦‫ڹ‬ϯ￦
ￏ²§¶©±©²¸¥°￦ￋￖ￙￦‫ܥ‬￦ￖ‫ڵ‬Κ‫ڶ‬￦´©¶￦·¬¥¶©￦
￦

§Κ ￉³²º©¶¸­¦°©￦¦³²¨·￦
Probably dilutiveΚ￦ ￦ ￚ¬©￦ ­²§¶©±©²¸¥°￦ ￋￖ￙￦ ϮￖΚ‫ڸڼ‬ϯ￦ ­·￦ °©··￦ ¸¬¥²￦ ¸¬©￦ ¦¥·­§￦
ￋￖ￙￦Ϯￖ‫ڴڵ‬ϯΚ￦
Ϯￖ‫ڶ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦¼￦‫ܫڶڵ‬ϯ￦¼￦Ϯ‫ڵ‬Ο‫ܫڴڷ‬ϯ￦
ￏ²§¶©±©²¸¥°￦ￋￖ￙￦ ‫ܥ‬￦
Ϯￖ‫ڶ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬ϑￖ‫ڵ‬Ζ‫ڴڴڴ‬ϯ￦¼￦‫ڴڴڵ‬￦
ￏ²§¶©±©²¸¥°￦ￋￖ￙￦‫ܥ‬￦ￖΚ‫ڸڼ‬￦´©¶￦·¬¥¶©￦
˼￦

‫ڶ‬ϯ ￘¥²¯￦ ¸¬©￦ ¨­°¹¸­º©￦ ´³¸©²¸­¥°￦ ¨­°¹¸©¶·￦ ª¶³±￦ ¸¬©￦ ±³·¸￦ ¨­°¹¸­º©￦ ¸³￦ ¸¬©￦ °©¥·¸￦
¨­°¹¸­º©Κ￦
‫¸·ڵ‬￦ￕ´¸­³²·￦
‫ڶ‬²¨￦￉³²º©¶¸­¦°©￦¦³²¨·￦Ϯ­²§¶©±©²¸¥°￦ￋￖ￙￦³ª￦ￖΚ‫ڸڼ‬￦´©¶￦·¬¥¶©ϯ￦
‫¨¶ڷ‬￦￉³²º©¶¸­¦°©￦´¶©ª©¶©²§©￦·¬¥¶©￦Ϯ­²§¶©±©²¸¥°￦ￋￖ￙￦³ª￦ￖ‫ڵ‬Κ‫ڶ‬￦´©¶￦·¬¥¶©ϯ￦
￦

‫ڷ‬ϯ ￏ²§°¹¨©￦´³¸©²¸­¥°°½￦¨­°¹¸­º©￦§³²º©¶¸­¦°©￦·©§¹¶­¸­©·￦³²©￦¦½￦³²©Κ￦ￋº©¶½￦¸­±©￦¥²￦
­¸©±￦ ­·￦ ­²§°¹¨©¨Ζ￦ §¥°§¹°¥¸©￦ ²©»￦ ©¥¶²­²«·￦ ´©¶￦ ·¬¥¶©￦ ³¶￦ ²©»￦ °³··￦ ´©¶￦ ·¬¥¶©￦
¥±³¹²¸￦¥·￦ª³°°³»·Ό￦
Ordinary
Profit shares EPS
￈¥·­§￦ ￋￖ￙￦ ª¶³±￦ §³²¸­²¹­²«￦ Є‫ڶ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦ ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦ ‫ڴڵ‬￦
³´©¶¥¸­³²·￦￦
ￕ´¸­³²·￦ ‫ڴ‬￦ ‫ڴڵ‬Ζ‫ڴڴڴ‬￦ ￦
ￚ³¸¥°￦ ‫ڶ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦ ‫ڴڵڶ‬Ζ‫ڴڴڴ‬￦ ‫ڽ‬Κ‫ڶڹ‬￦
￉³²º©¶¸­¦°©￦￈³²¨·￦´¥½¥¦°©￦ ‫ڼںڵ‬Ζ‫ڴڴڴ‬￦ ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦ ￦
ￚ³¸¥°￦ ‫ڶ‬Ζ‫ڼںڵ‬Ζ‫ڴڴڴ‬￦ ‫ڴڵڸ‬Ζ‫ڴڴڴ‬￦ ‫ڹ‬Κ‫ڽڶ‬￦
￉³²º©¶¸­¦°©￦ￖ¶©ª©¶©²§©￦·¬¥¶©￦ ‫ڴںڷ‬Ζ‫ڴڴڴ‬￦ ‫ڴڴڷ‬Ζ‫ڴڴڴ‬￦ ￦
365
Chapter 34 Book Value and Earnings Per Share

ￚ³¸¥°￦ ‫ڶ‬Ζ‫ڼڶڹ‬Ζ‫ڴڴڴ‬￦ ‫ڴڵڻ‬Ζ‫ڴڴڴ‬￦ ‫ڷ‬Κ‫ںڹ‬￦

￦

Єￔ©¸￦ ￏ²§³±©￦ °©··￦ ´¶©ª©¶©²§©￦ ¨­º­¨©²¨·￦ σϮￖ‫ڶ‬Ζ‫ڴںڷ‬Ζ‫ڴڴڴ‬￦ Ϯ‫ڴں‬Ζ‫ڴڴڴ‬￦ ¼￦ ￖ‫ڴڴڵ‬￦ ¼￦

‫ܫڶڵ‬ϯσ￦
￦

AnswerΌ￦ￚ¬©￦ª­²¥°￦¨­°¹¸©¨￦ￋￖ￙￦»³¹°¨￦¦©￦P3.56 per shareΚ￦ (D)￦

￦
Question No. 3 (B)
ￖ‫ڴڴڹ‬Ζ‫ڴڴڴ‬￦
￈¥·­§￦ￋￖ￙￦ ‫ܥ‬￦
‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦
￈¥·­§￦ￋￖ￙￦￦ ‫ܥ‬￦P2.5 per share￦
￦

Question No. 4 (C)

ￖ‫ڴڴڹ‬Ζ‫ڴڴڴ‬￦
ￊ­°¹¸©¨￦ￋￖ￙￦ ‫ܥ‬￦
‫ڴڵڻ‬Ζ‫ڴڴڴ‬￦
ￊ­°¹¸©¨￦ￋￖ￙￦￦￦￦￦￦￦￦￦‫ܥ‬￦P.70 per share￦
￦
SUMMARY OF ANSWERS:￦
1. A 2. D 3. B 4. C
￦
￦
PROBLEM 34-13 Rights Issue
￦

￦ ￌ¥­¶￦º¥°¹©￦´©¶￦·¬¥¶©￦ ￦¶­«¬¸￦³²￦ ￖ￦ ‫ڴڹڵ‬￦

￦ ￒ©··Ό￦ￚ¬©³¶©¸­§¥°￦º¥°¹©￦³ª￦³²©￦¶­«¬¸Є￦ ￦ ‫ڶڶ‬￦
￦ ￚ¬©³¶©¸­§¥°￦©¼Ο¶­«¬¸·￦ª¥­¶￦º¥°¹©￦´©¶￦·¬¥¶©￦ ￖ￦ ‫ڼڶڵ‬￦
￦

‫ڴڹڵ‬￦ ‫ڴڸ‬￦
Єￜ¥°¹©￦³ª￦³²©￦¶­«¬¸￦ ‫ܥ‬￦ ‫ܥ‬￦ ‫ڶڶ‬￦
‫ڸ‬Є￦‫ܩ‬￦‫ڵ‬￦
￦

￦ ￇ¨®¹·¸±©²¸￦ª¥§¸³¶￦Ϯ‫ڴڹڵ‬ϑ‫ڼڶڵ‬ϯ￦ ￦ ￦ ‫ڵ‬Κ‫ڻڵ‬￦
￦
Question No. 1
2017:
￝©­«¬¸©¨￦¥º©¶¥«©￦³¹¸·¸¥²¨­²«￦·¬¥¶©·￦Ϯ‫ڴڸ‬Ζ‫ڴڴڴ‬￦¼￦‫ڵ‬Κ‫ڻڵ‬￦¼￦‫ڶڵ‬ϑ‫ڶڵ‬ϯ￦ ￦ ‫ںڸ‬Ζ‫ڴڴڼ‬￦
￦

￈¥·­§￦ￋￖ￙￦Ϯￖ‫ڶںڹ‬Ζ‫ڴڴڹ‬￦ϑ‫ںڸ‬Ζ‫ڴڴڼ‬ϯ￦ (D)￦ P12.02 / share￦

￦
Question No. 2
2018:
￝©­«¬¸©¨￦¥º©¶¥«©￦³¹¸·¸¥²¨­²«￦·¬¥¶©·￦
￦ Ϯ‫ڴڸ‬Ζ‫ڴڴڴ‬￦¼￦‫ڵ‬Κ‫ڻڵ‬￦¼￦‫ڷ‬ϑ‫ڶڵ‬ϯ￦ ￦ ‫ڵڵ‬Ζ‫ڴڴڻ‬￦
￦ σϮ‫ڴڸ‬Ζ‫ڴڴڴ‬￦‫ܩ‬￦‫ڴڵ‬Ζ‫ڴڴڴ‬ϯ￦¼￦‫ڽ‬ϑ‫ڶڵ‬σ￦ ￦ ‫ڻڷ‬Ζ‫ڴڴڹ‬￦ ￦ ‫ڽڸ‬Ζ‫ڴڴڶ‬￦
￦

￈¥·­§￦ￋￖ￙￦Ϯￖ‫ڴڴڼ‬Ζ‫ڴڴڴ‬ϑ‫ڽڸ‬Ζ‫ڴڴڶ‬ϯ￦ (B)￦ P16.26 / share￦

￦
Question No. 3
2019:
￝©­«¬¸©¨￦¥º©¶¥«©￦³¹¸·¸¥²¨­²«￦·¬¥¶©·σϮ‫ڴڸ‬Ζ‫ڴڴڴ‬￦‫ܩ‬￦‫ڴڵ‬Ζ‫ڴڴڴ‬ϯ￦¼￦‫ڶڵ‬ϑ‫ڶڵ‬σ￦￦ ‫ڴڹ‬Ζ‫ڴڴڴ‬￦
￦

￈¥·­§￦ￋￖ￙￦Ϯￖ‫ڵ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦ϑ‫ڴڹ‬Ζ‫ڴڴڴ‬ϯ￦ (A)￦ P20 per share￦

366
Chapter 34 Book Value and Earnings Per Share

PROBLEM 34-14 Written Put Options (C)

￦
Ϯￖ‫ڴڹڷ‬￦ ￦ￖ‫ڴڼڶ‬ϯ￦¼￦‫ڴڵ‬Ζ‫ڴڴڴ‬￦
ￏ²§¶©±©²¸¥°￦·¬¥¶©·￦ ‫ܥ‬￦ ‫ܥ‬￦ 2,500 shares
ￖ‫ڴڼڶ‬￦
￦
￦
PROBLEM 34-15 Comprehensive Problem
￦

Retained
Item Net Income Earnings
2017 2018 12/31/2018
Unadjusted ЄЄ‫ڵ‬Ζ‫ڴڴڷ‬Ζ‫ڴڴڴ‬￦ Є‫ڴڴڹ‬Ζ‫ڴڴڴ‬￦ ‫ڵ‬Ζ‫ڴڴڼ‬Ζ‫ڴڴڴ‬￦
1) Ϯ‫ڴڹ‬Ζ‫ڴڴڴ‬ϯ￦ ‫ڴڹ‬Ζ‫ڴڴڴ‬￦ Ο￦
2) Ο￦ Ϯ‫ڴڷ‬Ζ‫ڴڴڴ‬ϯ￦ Ϯ‫ڴڷ‬Ζ‫ڴڴڴ‬ϯ￦
3) ‫ڹڸ‬Ζ‫ڴڴڴ‬￦ Ϯ‫ڹڸ‬Ζ‫ڴڴڴ‬ϯ￦ Ο￦
4) ЄЄЄ‫ڼڶ‬Ζ‫ڴڴڴ‬￦ Ϯ‫ڼڶ‬Ζ‫ڴڴڴ‬ϯ￦ Ο￦
5) ‫ڹ‬Ζ‫ڴڴڴ‬￦ Ϯ‫ڹ‬Ζ‫ڴڴڴ‬ϯ￦ Ο￦
6) ￦ Ϯ‫ڴڶ‬Ζ‫ڴڴڴ‬ϯ￦ Ϯ‫ڴڶ‬Ζ‫ڴڴڴ‬ϯ￦
7) Ο￦ Ο￦ Ο￦
8) Ο￦ Ο￦ Ο￦
9) Ο￦ Ο￦ Ο￦
Adjusted ‫ڵ‬Ζ‫ڼڶڷ‬Ζ‫ڴڴڴ‬￦ ‫ڶڶڸ‬Ζ‫ڴڴڴ‬￦ ‫ڵ‬Ζ‫ڴڹڻ‬Ζ‫ڴڴڴ‬￦
￦

Є￦Ϯￖ‫ڹ‬￦ￋￖ￙￦¼￦ￖ‫ڵ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦ϑ￦ￖ‫ڴڵ‬￦´¥¶ϯ￦
ЄЄ￦Ϯ‫ڵ‬Ζ‫ڴڴڼ‬Ζ‫ڴڴڴ‬￦ ￦‫ڴڴڹ‬Ζ‫ڴڴڴ‬￦‫ڹڵڴڶ‬￦²©¸￦­²§³±©ϯ￦
ЄЄЄ￦Ϯￖ‫ڼڸ‬Ζ‫ڴڴڴ‬￦ϑ￦‫ڶڵ‬￦¼￦‫ڻ‬￦±³²¸¬·ϯ￦
￦
Question No. 1 (D)
￘©ª©¶￦¸³￦¸¥¦°©￦¥¦³º©Κ￦ￇ¨®¹·¸©¨￦ￔ©¸￦ￏ²§³±©￦­²￦‫ڼڵڴڶ‬￦­·￦ￖ‫ڶڶڸ‬Ζ‫ڴڴڴ‬Κ￦
￦
Question No. 2 (C)
￘©ª©¶￦¸³￦¸¥¦°©￦¥¦³º©Κ￦
￦
Question No. 3 (C)
ￋￖ￙￦‫ڼڵڴڶ‬￦Ϯￖ‫ڶڶڸ‬Ζ‫ڴڴڴ‬￦ϑ￦‫ڴڴڵ‬Ζ‫ڴڴڴ‬￦·¬¥¶©·ϯ￦‫ܥ‬￦P4.22￦

Question No. 4 (B)
ￕ¶¨­²¥¶½￦·¬¥¶©￦§¥´­¸¥°Ζ￦ￖ‫ڴڵ‬￦´¥¶￦ ‫ڵ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
￙¬¥¶©￦´¶©±­¹±￦ ‫ڴڴڹ‬Ζ‫ڴڴڴ‬￦
￘©¸¥­²©¨￦©¥¶²­²«·Ζ￦‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ڼڵڴڶ‬￦Ϯ¥·￦¥¨®¹·¸©¨ϯ￦ ‫ڵ‬Ζ‫ڴڹڻ‬Ζ‫ڴڴڴ‬￦
ￚ³¸¥°￦·¬¥¶©¬³°¨©¶·‫ك‬￦©µ¹­¸½￦ ‫ڷ‬Ζ‫ڴڹڶ‬Ζ‫ڴڴڴ‬￦
￦
Question No. 5 (B)
￈ￜￖ￙￦Ϯￖ‫ڷ‬Ζ‫ڴڹڶ‬Ζ‫ڴڴڴ‬￦ϑ￦‫ڴڴڵ‬Ζ‫ڴڴڴ‬ϯ￦‫ܥ‬￦P32.50

SUMMARY OF ANSWERS:￦
1. D 2. C 3. C 4. B 5. B

367
Chapter 34 Book Value and Earnings Per Share

PROBLEM 34-16 Comprehensive Problem

￦

Effect WC
2018 2019 12/31/2019
ￇ￦ ￛ²¥¨®¹·¸©¨￦²©¸￦­²§³±©￦ ‫ں‬Ζ‫ڴڴڹ‬Ζ‫ڴڴڴ‬￦ ‫ڻ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
￈￦ ￊ­º￦´¥¦°©￦¹²¨©¶Ζ￦￝￉￦³º©¶￦ ‫ڴڹڵ‬Ζ‫ڴڴڴ‬￦
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ￇ¨®¹·¸©¨￦ￔ©¸￦ￏ²§³±©￦ ‫ں‬Ζ‫ڴںڴ‬Ζ‫ڴڴڴ‬￦ ‫ڸ‬Ζ‫ڴڸڼ‬Ζ‫ڴڴڴ‬￦ ‫ڴڹ‬Ζ‫ڴڴڴ‬￦
1. D 2. A 4. D

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ￚ³¸¥°￦￙¸³§¯￦ￕ´¸­³²·￦ ‫ڴڴڵ‬Ζ‫ڴڴڴ‬￦ ‫ڹڷڵ‬Ζ‫ڴڴڴ‬￦
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ￒ©··Ό￦￉¹±¹°¥¸­º©￦￉³±´Κ￦´¶©ºΚ￦½©¥¶·￦ Ο￦ ‫ڵ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
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￦
Question No. 3
ￔ©¸￦­²§³±©￦ ￦‫ڼڵڴڶ‬￦ ‫ں‬Ζ‫ڴںڴ‬Ζ‫ڴڴڴ‬￦
ￔ©¸￦­²§³±©￦ ￦‫ڽڵڴڶ‬￦ ‫ڸ‬Ζ‫ڴڸڼ‬Ζ‫ڴڴڴ‬￦
￘©¸¥­²©¨￦©¥¶²­²«·￦ ￦‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ڽڵڴڶ‬￦ ‫ڴڵ‬Ζ‫ڴڴڽ‬Ζ‫ڴڴڴ‬￦

Question No. 5
ￓ³·￦
‫ڽڵڴڶ‬￦ ￏ²§¶￦Ϯ¨©§ϯ￦ ³¹¸ϑ‫ڶڵ‬￦ ￇº©¶¥«©￦
￐¥²Κ￦‫ڵ‬￦ ‫ڴڴڵ‬Ζ‫ڴڴڴ‬￦ ‫ڵ‬￦ ‫ڴڴڵ‬Ζ‫ڴڴڴ‬￦
ￇ´¶Κ￦‫ڵ‬￦ ‫ڴڶ‬Ζ‫ڴڴڴ‬￦ ‫ڷ‬ϑ‫ڸ‬￦ ‫ڹڵ‬Ζ‫ڴڴڴ‬￦
￝©­«¬¸©¨￦¥º©¶¥«©￦ ‫ڹڵڵ‬Ζ‫ڴڴڴ‬￦
￈¥·­§￦ￋￖ￙￦Ϯ‫ڸ‬Ζ‫ڴڸڼ‬Ζ‫ڴڴڴ‬￦ϑ￦‫ڹڵڵ‬Ζ‫ڴڴڴ‬ϯ￦ 42.09
￦
SUMMARY OF ANSWERS:￦
1. D 2. A 3. A 4. D 5. B
￦

368
Chapter 36 Statement of Financial Position and Comprehensive Income

CHAPTER 36: STATEMENT OF FINANCIAL POSITION

AND COMPREHENSIVE INCOME

PROBLEM 36-1 Current and Noncurrent Assets
￦

Question No. 1
￉¥·¬￦ ‫ڴڴڸ‬Ζ‫ڴڴڴ‬￦
ￚ¶¥¨©￦¶©§©­º¥¦°©·￦ ‫ڵ‬Ζ‫ڴڴڹ‬Ζ‫ڴڴڴ‬￦
ￏ²º©²¸³¶½Ζ￦­²§°¹¨­²«￦­²º©²¸³¶½￦©¼´©§¸©¨￦­²￦¸¬©￦³¶¨­²¥¶½￦§³¹¶·©￦ ‫ڵ‬Ζ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦
³ª￦³´©¶¥¸­³²·￦¸³￦¦©￦·³°¨￦¦©½³²¨￦‫ڶڵ‬￦±³²¸¬·￦¥±³¹²¸­²«￦¸³￦
ￖ‫ڴڴڼ‬Ζ‫ڴڴڴ‬￦
ￖ¶©´¥­¨￦­²·¹¶¥²§©￦ ‫ڴڸڶ‬Ζ‫ڴڴڴ‬￦
ￌ­²¥²§­¥°￦¥··©¸·￦¥¸￦ª¥­¶￦º¥°¹©￦¸¬¶³¹«¬￦´¶³ª­¸￦³¶￦°³··￦ ￦‫ڴڴڷ‬Ζ‫ڴڴڴ‬￦
ￔ³²§¹¶¶©²¸￦ￇ··©¸·￦¬©°¨￦ª³¶￦·¥°©￦¦¹­°¨­²«￦￦ ‫ڴڹں‬Ζ‫ڴڴڴ‬￦
ￚ³¸¥°￦￉¹¶¶©²¸￦ￇ··©¸·￦ ￦ ￦ (D)￦ ‫ڸ‬Ζ‫ڴڽڶ‬Ζ‫ڴڴڴ‬￦

Question No. 2
ￌ­²¥²§­¥°￦¥··©¸·￦¥¸￦ª¥­¶￦º¥°¹©￦¸¬¶³¹«¬￦³¸¬©¶￦§³±´¶©¬©²·­º©￦ ‫ڴڴں‬Ζ‫ڴڴڴ‬￦
­²§³±©￦
ￌ­²¥²§­¥°￦¥··©¸·￦¥¸￦¥±³¶¸­¾©¨￦§³·¸￦ ‫ڵ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
ￊ©ª©¶¶©¨￦¸¥¼￦¥··©¸￦ ‫ڴڹڵ‬Ζ‫ڴڴڴ‬￦
ￓ¥§¬­²©¶½￦ ‫ڴڴڼ‬Ζ‫ڴڴڴ‬￦
ￇ§§¹±¹°¥¸©¨￦¨©´¶©§­¥¸­³²￦ Ϯ‫ڴڴڶ‬Ζ‫ڴڴڴ‬ϯ￦
ￒ¥²¨￦¹·©¨￦¥·￦¥￦´°¥²¸￦·­¸©￦ ‫ڴڶڽ‬Ζ‫ڴڴڴ‬￦
ￚ³¸¥°￦ￔ³²§¹¶¶©²¸￦ￇ··©¸·￦ ￦ ￦ (C)￦ ‫ڷ‬Ζ‫ڴڻڶ‬Ζ‫ڴڴڴ‬￦
￦
￦
PROBLEM 36-2 Current and Noncurrent Assets￦
￦

Question No. 1
￉¥·¬￦Ϯ‫ڵ‬ￓ‫ڴڴڷܩ‬Ζ‫ڴڴڵܩڴڴڴ‬Ζ‫ڴڴڴ‬Ο‫ڴڹ‬Ζ‫ڴڴڴ‬Ο‫ڴڼڶ‬Ζ‫ڴڴڴ‬ϯ￦ ‫ڵ‬Ζ‫ڴڻڴ‬Ζ‫ڴڴڴ‬￦
ￇ§§³¹²¸·￦¶©§©­º¥¦°©￦Ϯ‫ڷ‬ￓΟ‫ڴڴڶ‬Ζ‫ڴڹܩڴڴڴ‬Ζ‫ڴڴڴ‬ϯ￦ ‫ڶ‬Ζ‫ڴڹڼ‬Ζ‫ڴڴڴ‬￦
ￏ²º©·¸±©²¸·￦·©§¹¶­¸­©·￦¬©°¨￦ª³¶￦¸¶¥¨­²«￦Ϯ‫ڵ‬Κ‫ڼ‬ￓΟ‫ڴڴڹ‬Ζ‫ڴڴڴ‬ϯ￦ ‫ڵ‬Ζ‫ڴڴڷ‬Ζ‫ڴڴڴ‬￦
ￏ²º©²¸³¶­©·￦Ϯ‫ڴڴڼ‬Ζ‫ڴڴڴ‬Ο‫ڴڴڶ‬Ζ‫ܩڴڴڴ‬Ϯ‫ڴڹڸ‬Ζ‫ڴڴڴ‬ϑ‫ܫڹڶڵ‬ϯ￦ ‫ڴںڽ‬Ζ‫ڴڴڴ‬￦
ￖ¶©´¥­¨￦ￋ¼´©²·©·￦Ϯ³²°½￦¸¬©￦´¶©´¥­¨￦­²·¹¶¥²§©ϯ￦ ‫ڼڸ‬Ζ‫ڴڴڴ‬￦
ￚ³¸¥°￦￉¹¶¶©²¸￦ￇ··©¸·￦ ￦ ￦ (A)￦ ‫ں‬Ζ‫ڼڶڶ‬Ζ‫ڴڴڴ‬￦
￦
Question No. 2
￉¥·¬￦­²￦·­²¯­²«￦ª¹²¨￦ ‫ڴڼڶ‬Ζ‫ڴڴڴ‬￦
ￒ³²«Ο¸©¶±￦­²º©·¸±©²¸·￦ ‫ڴڴڹ‬Ζ‫ڴڴڴ‬￦
ￊ©´³·­¸￦ ¸³￦ ·¹´´°­©¶￦ ª³¶￦ ­²º©²¸³¶­©·￦ ¸³￦ ¦©￦ ¨©°­º©¶©¨￦ ­²￦ ‫ںڵ‬￦ ‫ڷڶ‬Ζ‫ڴڴڴ‬￦
±³²¸¬·￦
￉¥·¬￦·¹¶¶©²¨©¶￦º¥°¹©￦ ￦ ‫ڴڶ‬Ζ‫ڴڴڴ‬￦
ￖ¶³´©¶¸½Ζ￦´°¥²¸￦¥²¨￦©µ¹­´±©²¸￦￦ ‫ڹ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
ￚ³¸¥°￦²³²§¹¶¶©²¸￦ￇ··©¸·￦ ￦ (A)￦ ‫ڹ‬Ζ‫ڷڶڼ‬Ζ‫ڴڴڴ‬￦

369
Chapter 36 Statement of Financial Position and Comprehensive Income

PROBLEM 36-3 Current and Noncurrent Liabilities￦

￦

Question No. 1
￈¥²¯￦³º©¶¨¶¥ª¸￦ ‫ڴڴڷ‬Ζ‫ڴڴڴ‬￦
ￇ§§³¹²¸·￦´¥½¥¦°©￦Ϯ‫ڵ‬ￓ‫ڹڶܩ‬Ζ‫ڴڴڵܩڴڴڴ‬Ζ‫ڴڴڴ‬ϯ￦ ‫ڵ‬Ζ‫ڹڶڵ‬Ζ‫ڴڴڴ‬￦
ￖ¶³´©¶¸½￦¨­º­¨©²¨·￦´¥½¥¦°©￦ ‫ڴڴڸ‬Ζ‫ڴڴڴ‬￦
ￏ²§³±©￦¸¥¼￦´¥½¥¦°©￦ ‫ڴڴڷ‬Ζ‫ڴڴڴ‬￦
ￔ³¸©￦´¥½¥¦°©Ζ￦¨¹©￦￐¥²¹¥¶½￦‫ڵڷ‬Ζ￦‫ڽڵڴڶ‬￦ ‫ڴڴڹ‬Ζ‫ڴڴڴ‬￦
￉¥·¬￦¨­º­¨©²¨·￦´¥½¥¦°©￦ ‫ڴڼ‬Ζ‫ڴڴڴ‬￦
ￌ­²¥²§­¥°￦°­¥¦­°­¸­©·￦¥¸￦ª¥­¶￦º¥°¹©￦¸¬¶³¹«¬￦´¶³ª­¸￦³¶￦°³··￦ ‫ڴڷڵ‬Ζ‫ڴڴڴ‬￦
ￋ·¸­±¥¸©¨￦©¼´©²·©·￦³ª￦±©©¸­²«￦»¥¶¶¥²¸­©·￦ ‫ڹڷڷ‬Ζ‫ڴڴڴ‬￦
ￋ·¸­±¥¸©¨￦¨¥±¥«©·￦¥·￦¥￦¶©·¹°¸￦³ª￦¹²·¥¸­·ª¥§¸³¶½￦´©¶ª³¶±¥²§©￦³²￦ ‫ڼںڶ‬Ζ‫ڴڴڴ‬￦
¥￦§³²¸¶¥§¸￦
ￒ³¥²·￦´¥½¥¦°©Ο§¹¶¶©²¸￦ ‫ڴڴڵ‬Ζ‫ڴڴڴ‬￦
ￚ³¸¥°￦§¹¶¶©²¸￦°­¥¦­°­¸­©·￦ ￦ ￦ (A)￦ ‫ڷ‬Ζ‫ڼڷڹ‬Ζ‫ڴڴڴ‬￦
￦

Question No. 2
￈³²¨·￦´¥½¥¦°©￦ ‫ڷ‬Ζ‫ڴڴڸ‬Ζ‫ڴڴڴ‬￦
ￖ¶©±­¹±￦³²￦¦³²¨·￦´¥½¥¦°©￦ ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦
ￊ©ª©¶¶©¨￦¸¥¼￦°­¥¦­°­¸½￦￦ ‫ڴڴڸ‬Ζ‫ڴڴڴ‬￦
ￓ³¶¸«¥«©￦´¥½¥¦°©￦ ‫ڵ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
ￒ³¥²·￦´¥½¥¦°©Ο²³²§¹¶¶©²¸￦ ‫ڴڴڸ‬Ζ‫ڴڴڴ‬￦
ￚ³¸¥°￦²³²§¹¶¶©²¸￦°­¥¦­°­¸­©·￦ (C)￦ ‫ڹ‬Ζ‫ڴڴڸ‬Ζ‫ڴڴڴ‬￦
￦
￦
PROBLEM 36- ￦

ￕ¶¨­²¥¶½￦·¬¥¶©￦§¥´­¸¥°￦ ‫ڴڵ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
￙¬¥¶©￦´¶©±­¹±￦ ‫ڵ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
￙¹¦·§¶­¦©¨￦³¶¨­²¥¶½￦·¬¥¶©￦ ‫ڴڴڵ‬Ζ‫ڴڴڴ‬￦
￙¹¦·§¶­´¸­³²·￦¶©§©­º¥¦°©￦ Ϯ‫ڴڶڵ‬Ζ‫ڴڴڴ‬ϯ￦
￘©¸¥­²©¨￦©¥¶²­²«·￦¹²¥´´¶³´¶­¥¸©¨￦Ϯ‫ں‬ￓΟ‫ڶ‬ￓ￦§³·¸￦³ª￦¸¶©¥·¹¶½ϯ￦ ‫ڸ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
￘©·©¶º©·Ό￦ ￦
￘©¸¥­²©¨￦©¥¶²­²«·￦¥´´¶³´¶­¥¸©¨￦ª³¶￦¸¶©¥·¹¶½￦·¬¥¶©·￦ ‫ڶ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
￘©·©¶º©￦ª³¶￦§³²¸­²«©²§­©·￦ ‫ڷ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
ￛ²¶©¥°­¾©¨￦«¥­²￦³²￦ￌￜￚￕ￉ￏ￦ ‫ڵ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
￘©º¥°¹¥¸­³²￦·¹¶´°¹·￦ ‫ڸ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
￉¹±¹°¥¸­º©￦¸¶¥²·°¥¸­³²￦¥¨®¹·¸±©²¸￦ ￦¨©¦­¸￦ Ϯ‫ڵ‬Ζ‫ڴڴڹ‬Ζ‫ڴڴڴ‬ϯ￦
ￚ³¸¥°￦ ‫ڷڶ‬Ζ‫ڴڼڸ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦ￚ¶©¥·¹¶½￦·¬¥¶©·￦ ‫ڶ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
ￚ³¸¥°￦￙¬¥¶©¬³°¨©¶·‫ك‬￦ￋµ¹­¸½￦ ￦ (C)￦ ‫ڵڶ‬Ζ‫ڴڼڸ‬Ζ‫ڴڴڴ‬￦
￦

370
Chapter 36 Statement of Financial Position and Comprehensive Income

PROBLEM 36-5 Adjusting and Nonadjusting events

￦

ￒ³··￦³²￦©¼´¶³´¶­¥¸­³²￦ ‫ڴڴڵ‬Ζ‫ڴڴڴ‬￦
ￏ±´¥­¶±©²¸￦°³··￦³²￦ￇ§§³¹²¸·￦￘©§©­º¥¦°©￦ ‫ڴڴں‬Ζ‫ڴڴڴ‬￦
ￒ­¸­«¥¸­³²￦°³··￦ ‫ڵ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
ￚ³¸¥°￦¥¨®¹·¸­²«￦©º©²¸·￦ ￦ ￦ (A)￦ ‫ڵ‬Ζ‫ڴڴڻ‬Ζ‫ڴڴڴ‬￦
￦

ￇ°°￦³¸¬©¶￦¨¥¸¥￦¥¶©￦²³²¥¨®¹·¸­²«￦©º©²¸·Κ￦
￦
￦
PROBLEM 36-6: Related Party Relationship
￦

Requirement No. 1
ￚ¬©￦ª³°°³»­²«￦§³±´¥²­©·￦¥¶©￦§³²·­¨©¶©¨￦¸³￦¦©￦¶©°¥¸©¨￦´¥¶¸­©·￦³ª￦ￌ¶³¾©²￦ￚ¬¶³²©￦
￉³±´¥²½￦­²￦¥§§³¶¨¥²§©￦»­¸¬￦ￖￇ￙￦‫ڸڶ‬￦Related Party DisclosuresΌ￦
Name Description
‫ڵ‬ϯ￦ ￙¥²¨￦￑­²«￦￉³Κ￦ ￖ³·¸Ο©±´°³½±©²¸￦ ¦©²©ª­¸￦ ´°¥²￦ ©·¸¥¦°­·¬©¨￦ ¦½￦
ￌ¶³¾©²￦ￚ¬¶³²©￦
‫ڶ‬ϯ￦ ￙¬¥¨³»￦ￌ­©²¨￦￉³Κ￦ ￇ··³§­¥¸©￦
‫ڸ‬ϯ￦ ￎ¥¶¦¶­²«©¶￦￉³Κ￦ ￙¹¦·­¨­¥¶½￦
‫ڹ‬ϯ￦ ￔ­«¬¸￦￉¶¥»°©¶￦￉³Κ￦ ￙¹¦·­¨­¥¶½￦³ª￦ￎ¥¶¦¶­²«©¶￦
‫ں‬ϯ￦ ￊ­·¶¹´¸³¶￦￉³Κ￦ ￇ··³§­¥¸©￦³ª￦ￎ¥¶¦¶­²«©¶￦
‫ڻ‬ϯ￦ ￍ©³±¥²§©¶￦￉³Κ￦ ￖ¥¶©²¸￦
‫ڼ‬ϯ￦ ￐¥¯­¶³￦￉³Κ￦ ￖ¥¶©²¸￦³ª￦ￍ©³±¥²§©¶￦
‫ڽ‬ϯ￦ ￘½°¥­￦￉³Κ￦ ￙­·¸©¶￦§³±´¥²½￦³ª￦ￌ¶³¾©²￦ￚ¬¶³²©￦￉³±´¥²½￦
‫ڴڵ‬ϯ￦ ￓ©¨¹·¥￦￉³Κ￦ ￑©½￦ￓ¥²¥«©±©²¸￦´©¶·³²²©°￦³ª￦ￌ¶³¾©²￦ￚ¬¶³²©￦
￉³±´¥²½Κ￦
‫ڵڵ‬ϯ￦ ￈¥¶¥¸¬¶¹±￦￉³Κ￦ ￈¥²¯￦
‫ںڵ‬ϯ￦ ￖ¹¨«©￦￉³Κ￦ ￐³­²¸￦º©²¸¹¶©¶￦³ª￦ￌ¶³¾©²￦ￚ¬¶³²©￦￉³±´¥²½￦
‫ڻڵ‬ϯ￦ ￏ²º³¯©¶￦￉³Κ￦ ￐³­²¸￦º©²¸¹¶©￦³ª￦ￌ¶³¾©²￦ￚ¬¶³²©￦￉³±´¥²½￦
￦

Requirement No. 2
￘©«¥¶¨°©··￦ ³ª￦ »¬©¸¬©¶￦ ¸¬©¶©￦ ¬¥º©￦ ¦©©²￦ ¸¶¥²·¥§¸­³²·￦ ¦©¸»©©²￦ ¥￦ ´¥¶©²¸￦ ¥²¨￦ ¥￦
·¹¦·­¨­¥¶½Ζ￦¥²￦©²¸­¸½￦ ±¹·¸￦¨­·§°³·©￦¸¬©￦ ²¥±©￦³ª￦­¸·￦ ´¥¶©²¸￦¥²¨Ζ￦­ª￦¨­ªª©¶©²¸Ζ￦ ¸¬©￦
¹°¸­±¥¸©￦§³²¸¶³°°­²«￦ ´¥¶¸½Κ￦ￚ¬©¶©ª³¶©Ζ￦ￌ¶³¾©²￦ￚ¬¶³²©￦￉³±´¥²½￦·¬³¹°¨￦¨­·§°³·©￦
￐¥¯­¶³￦￉³ΚΖ￦­¸·￦¹°¸­±¥¸©￦´¥¶©²¸￦³¶￦§³²¸¶³°°­²«￦´¥¶¸½Κ￦
￦
￦
PROBLEM 36-7 Distribution Costs and General and Administrative Expenses￦
￦

Question No. 1
ￇ¨º©¶¸­·­²«￦ ‫ڴڴڹ‬Ζ‫ڴڴڴ‬￦
ￊ©°­º©¶½￦©¼´©²·©￦ ‫ڴڴڷ‬Ζ‫ڴڴڴ‬￦
￘©²¸￦ª³¶￦³ªª­§©￦·´¥§©￦Ϯ‫ڴڴڹ‬Ζ‫ڴڴڴ‬￦￞￦‫ڵ‬ϑ‫ڶ‬ϯ￦ ‫ڴڹڶ‬Ζ‫ڴڴڴ‬￦
￙¥°©·￦§³±±­··­³²·￦ ‫ڵ‬Ζ‫ڹڻڴ‬Ζ‫ڴڴڴ‬￦
ￊ©´¶©§­¥¸­³²￦³²￦¨©°­º©¶½￦¸¶¹§¯￦ ‫ڸڵ‬Ζ‫ڴڴڴ‬￦
ￚ³¸¥°￦¨­·¸¶­¦¹¸­³²￦§³·¸·￦ (B)￦ ‫ڶ‬Ζ‫ڽڷڵ‬Ζ‫ڴڴڴ‬￦
￦

371
Chapter 36 Statement of Financial Position and Comprehensive Income

Question No. 2
ￇ¹¨­¸­²«￦¥²¨￦ￇ§§³¹²¸­²«￦ª©©·￦ ‫ڴڴڷ‬Ζ‫ڴڴڴ‬￦
￦ ‫ڹڶں‬Ζ‫ڴڴڴ‬￦
￘©²¸￦ª³¶￦³ªª­§©￦·´¥§©￦Ϯ‫ڴڴڹ‬Ζ‫ڴڴڴ‬￦￞￦‫ڵ‬ϑ‫ڶ‬ϯ￦ ‫ڴڹڶ‬Ζ‫ڴڴڴ‬￦
ￏ²·¹¶¥²§©￦ ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦
ￊ©´¶©§­¥¸­³²￦³²￦³ªª­§©￦©µ¹­´±©²¸￦ ‫ڹڵ‬Ζ‫ڴڴڴ‬￦
ￚ³¸¥°￦«©²©¶¥°￦¥²¨￦¥¨±­²­·¸¶¥¸­º©￦©¼´©²·©·(D)￦ ‫ڵ‬Ζ‫ڴڽڷ‬Ζ‫ڴڴڴ‬￦
￦
￦
PROBLEM 36-8 Comprehensive Income
￦

ￔ©¸￦￙¥°©·￦ ￦ ‫ڸ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
￉³·¸￦³ª￦«³³¨·￦·³°¨￦ ￦ ‫ڶ‬Ζ‫ڴڴڹ‬Ζ‫ڴڴڴ‬￦
ￍ¶³··￦­²§³±©￦ ￦ ‫ڵ‬Ζ‫ڴڴڹ‬Ζ‫ڴڴڴ‬￦
ￕ¸¬©¶￦­²§³±©￦ ￦ ‫ڴڷ‬Ζ‫ڴڴڴ‬￦
￙¬¥¶©￦³ª￦´¶³ª­¸￦³ª￦¥··³§­¥¸©￦ ￦ ‫ڹڶڵ‬Ζ‫ڴڴڴ‬￦
ￚ³¸¥°￦­²§³±©￦ ￦ ‫ڵ‬Ζ‫ڹڹں‬Ζ‫ڴڴڴ‬￦
ￋ¼´©²·©·Ό￦ ￦ ￦
￦￦￦￦￦￦￦ￊ­·¸¶­¦¹¸­³²￦§³·¸·￦ ‫ڴں‬Ζ‫ڴڴڴ‬￦ ￦
￦￦￦￦￦￦￦ￇ¨±­²­·¸¶¥¸­º©￦©¼´©²·©·￦ ‫ڴڶڵ‬Ζ‫ڴڴڴ‬￦ ￦
￦￦￦￦￦￦￦ￌ­²¥²§©￦§³·¸￦ ‫ڹڷ‬Ζ‫ڴڴڴ‬￦ ￦
￦￦￦￦￦￦￦ￕ¸¬©¶￦©¼´©²·©￦ ‫ڴڹ‬Ζ‫ڴڴڴ‬￦ ‫ڹںڶ‬Ζ‫ڴڴڴ‬￦
ￏ²§³±©￦¦©ª³¶©￦­²§³±©￦¸¥¼￦ ￦ ‫ڵ‬Ζ‫ڴڽڷ‬Ζ‫ڴڴڴ‬￦
ￏ²§³±©￦¸¥¼￦©¼´©²·©￦ ￦ ‫ڼڴڸ‬Ζ‫ڴڴڴ‬￦
ￏ²§³±©￦ª¶³±￦§³²¸­²¹­²«￦³´©¶¥¸­³²·￦ ￦ ‫ڶڼڽ‬Ζ‫ڴڴڴ‬￦
ￏ²§³±©￦ª¶³±￦¨­·§³²¸­²¹©¨￦³´©¶¥¸­³²·￦￦ ￦ ‫ڴڴڵ‬Ζ‫ڴڴڴ‬￦
ￔ©¸￦ￏ²§³±©￦ ￦ ‫ڵ‬Ζ‫ڶڼڴ‬Ζ‫ڴڴڴ‬￦
ￕ¸¬©¶￦§³±´¶©¬©²·­º©￦­²§³±©Ό￦ ￦ ￦
￦￦￦￦￦￦￦￦￘©º¥°¹¥¸­³²￦·¹¶´°¹·￦ ‫ڴڴڷ‬Ζ‫ڴڴڴ‬￦ ￦
￦￦￦￦￦￦￦￦ￚ¶¥²·°¥¸­³²￦«¥­²￦ ‫ڴڹ‬Ζ‫ڴڴڴ‬￦ ￦
￦￦￦￦￦￦￦￦ￛ²¶©¥°­¾©¨￦«¥­²￦³²￦ￌￜￚￕ￉ￏ￦·©§¹¶­¸­©·￦ ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦ ‫ڴڹڹ‬Ζ‫ڴڴڴ‬￦
￉³±´¶©¬©²·­º©￦­²§³±©￦ ￦ ￦ (C)￦ ￦ ‫ڵ‬Ζ‫ڶڷں‬Ζ‫ڴڴڴ‬￦
￦

ￕ¸¬©¶￦­²§³±©Ό￦ ￦
￦￦ￏ²¸©¶©·¸￦­²§³±©￦ ‫ڴڷ‬Ζ‫ڴڴڴ‬￦
ￕ¸¬©¶￦©¼´©²·©Ό￦ ￦
￦￦ￒ³··￦³²￦·¥°©￦³ª￦©µ¹­´±©²¸￦ ‫ڴڹ‬Ζ‫ڴڴڴ‬￦

372
Chapter 36 Statement of Financial Position and Comprehensive Income

COMPREHENSIVE PROBLEMS
PROBLEM 36-9
￦

Non-
Current current
Asset asset Total Asset
￦ ￛ²¥¨®¹·¸©¨￦¦¥°¥²§©￦ ‫ڸڸ‬Ζ‫ڴڴڷ‬￦ ‫ڼڹڵ‬Ζ‫ڴڴڸ‬￦ ‫ڶڴڶ‬Ζ‫ڴڴڻ‬￦
‫ڵ‬Κ￦ ￔ³¸©·￦¶©§©­º¥¦°©￦ ￦±¥¸¹¶­¸½￦ Ϯ‫ڴڵ‬Ζ‫ڴڴڴ‬ϯ￦ ‫ڴڵ‬Ζ‫ڴڴڴ‬￦ Ο￦
¨¥¸©￦￐¹°½￦‫ڵ‬Ζ￦‫ڼڵڴڶ‬￦
￦ ￒ¥²¨￦ Ϯ‫ڶڵ‬Ζ‫ڴڴڴ‬ϯ￦ ‫ڶڵ‬Ζ‫ڴڴڴ‬￦ Ο￦
‫ڶ‬Κ￦ ￌￜￚￕ￉ￏ￦ ‫ڸ‬Ζ‫ڴڴں‬￦ Ϯ‫ڸ‬Ζ‫ڴڴں‬ϯ￦ Ο￦
‫ڷ‬Κ￦ ￏ²º©²¸³¶½￦ ‫ڴڷ‬Ζ‫ڴڴڹ‬￦ Ϯ‫ڴڷ‬Ζ‫ڴڴڹ‬ϯ￦ Ο￦
‫ڸ‬Κ￦ ￚ¶©¥·¹¶½￦·¬¥¶©·￦ ￦ Ϯ‫ڵ‬Ζ‫ڴڴڼ‬ϯ￦ Ϯ‫ڵ‬Ζ‫ڴڴڼ‬ϯ￦
‫ڹ‬Κ￦ ￖ¶©´¥­¨￦­²·¹¶¥²§©￦ ‫ڶ‬Ζ‫ڴڴڽ‬￦ Ϯ‫ڶ‬Ζ‫ڴڴڽ‬ϯ￦ Ο￦
‫ڴڵ‬Κ￦ ￇ§§¹±¹°¥¸©¨￦ ¨©´¶©§­¥¸­³²￦ ￦ Ϯ‫ڵڶ‬Ζ‫ڴڴڴ‬ϯ￦ Ϯ‫ڵڶ‬Ζ‫ڴڴڴ‬ϯ￦
￦￈¹­°¨­²«￦
￦ ￇ§§¹±¹°¥¸©¨￦ ¨©´¶©§­¥¸­³²￦ ￦ Ϯ‫ڷڵ‬Ζ‫ڴڴڴ‬ϯ￦ Ϯ‫ڷڵ‬Ζ‫ڴڴڴ‬ϯ￦
￦ￋµ¹­´±©²¸￦
￦ ￇ°°³»¥²§©￦ª³¶￦¦¥¨￦¨©¦¸·￦ Ϯ‫ڴڴڻ‬ϯ￦ ￦ Ϯ‫ڴڴڻ‬ϯ￦
￦ ￇ¨®¹·¸©¨￦¦¥°¥²§©￦ ‫ڽڹ‬Ζ‫ڴڴں‬￦ ‫ںڴڵ‬Ζ‫ڴڴں‬￦ ‫ںںڵ‬Ζ‫ڴڴڶ‬￦
1. (B) 2. (A)
￦
Non-
Current current
Liabilities liabilities Equity
￦ ￛ²¥¨®¹·¸©¨￦¦¥°¥²§©￦ ‫ںں‬Ζ‫ڴڴں‬￦ ‫ڸڶ‬Ζ‫ڴڴڵ‬￦ ‫ڶڵڵ‬Ζ‫ڴڴڴ‬￦
‫ڸ‬Κ￦ ￚ¶©¥·¹¶½￦·¬¥¶©·￦ ￦ ￦ Ϯ‫ڵ‬Ζ‫ڴڴڼ‬ϯ￦
‫ں‬Κ￦ ￈³²¨·￦´¥½¥¦°©￦ Ϯ‫ڴڸ‬Ζ‫ڴڴڴ‬ϯ￦ ‫ڴڸ‬Ζ‫ڴڴڴ‬￦ ￦
‫ڻ‬Κ￦ ￇ§§¶¹©¨￦»¥«©·￦ ‫ڸ‬Ζ‫ڴڴڵ‬￦ Ϯ‫ڸ‬Ζ‫ڴڴڵ‬ϯ￦ ￦
‫ڼ‬Κ￦ ￓ³¶¸«¥«©￦ ￦§¹¶¶©²¸￦´³¶¸­³²￦ ‫ڸ‬Ζ‫ڴڴڴ‬￦ Ϯ‫ڸ‬Ζ‫ڴڴڴ‬ϯ￦ ￦
‫ڽ‬Κ￦ ￖ¶©±­¹±￦³²￦¦³²¨·￦´¥½¥¦°©￦ ￦ ‫ڸ‬Ζ‫ڴڴڷ‬￦ Ϯ‫ڸ‬Ζ‫ڴڴڷ‬ϯ￦
‫ڴڵ‬Κ￦ ￇ°°³»¥²§©￦ª³¶￦¦¥¨￦¨©¦¸·￦ ￦ ￦ Ϯ‫ڴڴڻ‬ϯ￦
￦ ￇ§§¹±¹°¥¸©¨￦ ¨©´¶©§­¥¸­³²￦ ￦ Ϯ‫ڵڶ‬Ζ‫ڴڴڴ‬ϯ￦ Ϯ‫ڵڶ‬Ζ‫ڴڴڴ‬ϯ￦
￦￈¹­°¨­²«￦
￦ ￇ§§¹±¹°¥¸©¨￦ ¨©´¶©§­¥¸­³²￦ ￦ Ϯ‫ڷڵ‬Ζ‫ڴڴڴ‬ϯ￦ Ϯ‫ڷڵ‬Ζ‫ڴڴڴ‬ϯ￦
￦ￋµ¹­´±©²¸￦
￦ ￇ¨®¹·¸©¨￦¦¥°¥²§©￦ ‫ڸڷ‬Ζ‫ڴڴڻ‬￦ ‫ڴں‬Ζ‫ڴڴڷ‬￦ ‫ڵڻ‬Ζ‫ڴڴڶ‬￦
3. (A) 4. (B) 5. (A)
￦
SUMMARY OF ANSWERS:
1. B 2. A 3. A 4. B 5. A
￦
￦

373
Chapter 36 Statement of Financial Position and Comprehensive Income

PROBLEM 36-10
￦

￦ Cash in Accts. Accum. Depre

bank Inventory Receivable PPE Depr ciation
ￛ²¥¨®¹·¸©¨￦ ‫ڴڴڵ‬ ‫ڵ‬Ζ‫ڴڴڼ‬ ‫ڶ‬Ζ‫ڴڴڹ‬ ‫ڵ‬Ζ‫ڴڴڴ‬￦ ‫ڴڴڸ‬ Ο
¦¥°¥²§©·￦
‫ڵ‬￦ Ο￦ ‫ڸ‬￦ Ο￦ Ο￦ Ο￦ Ο￦
‫ڶ‬￦ Ο Ϯ‫ڹڵ‬ϯ Ο Ο￦ Ο Ο
‫ڷ‬￦ Ϯ‫ڸڵ‬ϯ￦ Ο￦ Ο￦ Ο￦ Ο￦ Ο￦
‫ڸ‬￦ ‫ڴڶ‬ Ο Ο Ο￦ Ο Ο
‫ڹ‬￦ Ϯ‫ڹ‬ϯ Ο ‫ڹ‬ Ο￦ Ο Ο
‫ں‬￦ Ο Ο Ο Ο￦ Ο Ο
‫ڻ‬￦ Ο Ο Ο ‫ڴڴڹ‬￦ ‫ڶڵڵ‬Κ‫ڹ‬ ‫ڶڵڵ‬Κ‫ڹ‬
‫ڼ‬￦ Ο￦ Ο￦ Ο￦ Ο￦ Ο￦ Ο￦
‫ڽ‬￦ Ο￦ ‫ڴں‬￦ Ο￦ Ο￦ Ο￦ Ο￦
‫ڴڵ‬￦ Ο Ο Ο Ϯ‫ڴڶ‬ϯ￦ Ϯ‫ڸ‬ϯ Ϯ‫ڸ‬ϯ
‫ڵڵ‬￦ Ο￦ Ο￦ Ο￦ Ο￦ Ο￦ Ο￦
ￇ¨®¹·¸©¨￦ 101 ‫ڵ‬Ζ‫ڽڸڼ‬ ‫ڶ‬Ζ‫ڹڴڹ‬ ‫ڵ‬Ζ‫ڴڼڸ‬￦ ‫ڼڴڹ‬Κ‫ڹ‬ ‫ڼڴڵ‬Κ‫ڹ‬
¦¥°¥²§©·￦ 1. (B)
￦

￦ Advances
from Accounts Interest Bonds Amorti-
customers payable payable payable Discount zation
ￛ²¥¨®¹·¸©¨￦ Ο￦ ‫ڴڶڷ‬ ￦ ‫ڵ‬Ζ‫ڸڶڽ‬Ζ‫ڸڸڵ‬￦ Ο Ο￦
¦¥°¥²§©·￦
‫ڵ‬￦ Ο￦ ‫ڸ‬ Ο￦ Ο￦ Ο Ο￦
‫ڶ‬￦ Ο￦ Ο￦ Ο￦ Ο￦ Ο￦ Ο￦
‫ڷ‬￦ Ο￦ ‫ڸڵ‬ Ο￦ Ο￦ Ο Ο￦
‫ڸ‬￦ Ο￦ ‫ڴڶ‬￦ Ο￦ Ο￦ Ο￦ Ο￦
‫ڹ‬￦ Ο￦ Ο Ο￦ Ο￦ Ο Ο￦
‫ں‬￦ Ο￦ Ο Ο￦ Ο￦ Ο Ο￦
‫ڻ‬￦ Ο￦ Ο Ο￦ Ο￦ Ο Ο￦
‫ڼ‬￦ ‫ڹ‬￦ Ϯ‫ڹ‬ϯ Ο￦ Ο￦ Ο Ο￦
‫ڽ‬￦ Ο￦ ‫ڴں‬ Ο￦ Ο￦ Ο Ο￦
‫ڴڵ‬￦ Ο￦ Ο Ο￦ Ο￦ Ο Ο￦
‫ڵڵ‬￦ Ο￦ Ο￦ ‫ڴڼڵ‬￦ ‫ڹڻ‬Ζ‫ںڹڼ‬￦ ‫ڷں‬Κ‫ڶڸڸ‬￦ ‫ڶڵ‬Κ‫ڸڵڸ‬￦
ￇ¨®¹·¸©¨￦ ‫ڹ‬￦ 413 ‫ڴڼڵ‬￦ ‫ڵ‬Ζ‫ںڷڽ‬Ζ‫ڼڹڹ‬￦ ‫ڷں‬Κ‫ڶڸڸ‬￦ ‫ڶڵ‬Ζ‫ڸڵڸ‬￦
¦¥°¥²§©·￦ 2. (B)
Є‫ڴڴڴ‬￦
￦

￉¹¶¶©²¸￦ￇ··©¸·Ό￦ ￦ ￦
￦￦￉¥·¬￦­²￦¦¥²¯￦￦ ‫ڵڴڵ‬Ζ‫ڴڴڴ‬￦ ￦
￦￦ￏ²º©²¸³¶½￦ ‫ڵ‬Ζ‫ڽڸڼ‬Ζ‫ڴڴڴ‬￦ ￦
￦￦ￇ§§³¹²¸·￦￘©§©­º¥¦°©￦ ‫ڶ‬Ζ‫ڹڴڹ‬Ζ‫ڴڴڴ‬￦ ‫ڸ‬Ζ‫ڹڹڸ‬Ζ‫ڴڴڴ‬￦ 3. (A)
￦ ￦ ￦

ￔ³²§¹¶¶©²¸￦¥··©¸·Ό￦ ￦ ￦
￦￦ￖￖￋ￦￦ ‫ڵ‬Ζ‫ڴڼڸ‬Ζ‫ڴڴڴ‬￦ ￦
￦￦ￒ©··Ό￦ￇ§§¹±¹°¥¸©¨￦ￊ©´¶©§­¥¸­³²￦ ‫ڼڴڹ‬Ζ‫ڴڴڹ‬￦ ‫ڵڻڽ‬Ζ‫ڴڴڹ‬￦ 4. (B)
ￚ³¸¥°￦¥··©¸·￦ ￦ ‫ڹ‬Ζ‫ںڶڸ‬Ζ‫ڴڴڹ‬￦

374
‫‪Chapter 36‬‬ ‫‪Statement of Financial Position and Comprehensive Income‬‬

‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫ ‬

‫‪￉¹¶¶©²¸￦°­¥¦­°­¸­©·Ό￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫ ‬
‫‪￦￦ￇ¨º¥²§©·￦ª¶³±￦§¹·¸³±©¶·￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڹ‬ ‫‪￦‬‬ ‫ ‬
‫‪￦￦ￇ§§³¹²¸·￦´¥½¥¦°©￦￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڷڵڸ‬ ‫‪￦‬‬ ‫ ‬
‫‪￦￦ￏ²¸©¶©·¸￦´¥½¥¦°©￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڼڵ‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڼڽڹ‬ ‫ )‪5. (B‬‬
‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫ ‬

‫‪ￔ³²§¹¶¶©²¸￦°­¥¦­°­¸­©·Ό￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫ ‬

‫‪￦￦￈³²¨·￦´¥½¥¦°©￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڴڴ‪Ζ‬ڶ‬ ‫‪￦‬‬ ‫ ‬
‫‪￦￦ￊ­·§³¹²¸￦³²￦¦³²¨·￦´¥½¥¦°©￦‬‬ ‫‪￦‬ڶڸڸ‪Ζ‬ڷں‬ ‫‪￦‬ڼڹڹ‪Ζ‬ںڷڽ‪Ζ‬ڵ‬ ‫ )‪6. (C‬‬
‫‪ￚ³¸¥°￦°­¥¦­°­¸­©·￦‬‬ ‫‪￦‬‬ ‫‪￦‬ڼڹڹ‪Ζ‬ڸڷڹ‪Ζ‬ڶ‬ ‫ ‬
‫‪￦‬‬

‫ ‪SUMMARY OF ANSWERS:‬‬
‫ ‪1. B 2. B 3. A‬‬ ‫ ‪4.‬‬ ‫ ‪B‬‬ ‫ ‪5.‬‬ ‫ ‪B‬‬ ‫ ‪6.‬‬ ‫ ‪C‬‬ ‫ ‬ ‫ ‬ ‫ ‬ ‫ ‬
‫‪￦‬‬
‫‪￦‬‬
‫ ‪PROBLEM 36-11‬‬
‫ ‬
‫ ‬ ‫ ‪2017‬‬
‫ ‬ ‫ ‪Sales‬‬ ‫ ‪COS‬‬ ‫ ‪EI‬‬ ‫ ‪OPEX‬‬
‫‪Κ￦ￋￏ￦³º©¶Ζ￦￉ￕ￙￦¹²¨©¶￦‬ڵ‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڹڼڷ‬ ‫‪￦‬ڴڴں‪Ζ‬ڻڹڵ‬ ‫‪￦‬ڴڴڹ‪Ζ‬ڼڽ‬ ‫‪￦‬ڴڴڷ‪Ζ‬ڽں‬
‫‪￦‬ڻڵڴڶ‬ ‫‪￦‬‬ ‫‪￦‬ڴڴڶ‪Ζ‬ں‬ ‫‪ϯ￦‬ڴڴڶ‪Ζ‬ں‪Ϯ‬‬ ‫‪￦‬‬
‫‪￦‬ڼڵڴڶ‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬
‫‪Κ￦￙¥°¥¶­©·￦©¼´©²·©￦¹²¨©¶￦‬ڶ‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬
‫‪￦‬ڻڵڴڶ‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬ڴڴں‪Ζ‬ڸڵ‬
‫‪￦‬ڼڵڴڶ‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬
‫‪Κ￦￙¥°©·￦³º©¶·¸¥¸©¨￦‬ڷ‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬
‫‪￦‬ڻڵڴڶ‬ ‫‪ϯ￦‬ڴڴڻ‪Ζ‬ڵ‪Ϯ‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬
‫‪￦‬ڼڵڴڶ‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬
‫‪Κ￦ￋ¼´©²·©￦³º©¶·¸¥¸©¨￦‬ڸ‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬
‫‪￦‬ڻڵڴڶ‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪ϯ￦‬ڴڼڵ‪Ϯ‬‬
‫‪￦‬ڼڵڴڶ‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬
‫‪Κ￦ￖ¹¶§¬Κ￦ￕº©¶Ζ￦￉ￕ￙￦³º©¶￦‬ڹ‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬
‫‪￦‬ڻڵڴڶ‬ ‫‪￦‬‬ ‫‪ϯ￦‬ڴڴڶ‪Ζ‬ڷ‪￦Ϯ‬‬ ‫‪￦‬‬ ‫‪￦‬‬
‫‪￦‬ڼڵڴڶ‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬
‫‪Κ￦￙¥°©·￦¹²¨©¶￦‬ں‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬
‫‪￦‬ڻڵڴڶ‬ ‫‪￦‬ڴڴڹ‪Ζ‬ڶ‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬
‫‪￦‬ڼڵڴڶ‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬
‫‪Κ￦￈¥¨￦¨©¦¸￦¹²¨©¶￦‬ڻ‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬
‫‪￦‬ܫڶ‪ϯ￦¼￦‬ڹ‪Κ‬ڶܩڸ‪Κ‬ڶڷ‪￦Ϯ‬ڻڵڴڶ‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦￦‬ڼڽں‬
‫‪￦‬ڼڽں‪Ο‬ܫڶ‪ϯ￦¼￦‬ڸܩڵ‪Κ‬ںں‪￦Ϯ‬ڼڵڴڶ‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬
‫‪Κ￦ￊ©´Κ￦ￋ¼´©²·©￦¹²¨©¶￦‬ڼ‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬
‫‪￦‬ڻڵڴڶ‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦￦‬ڴڴڹ‪Ζ‬ڸڵ‬
‫‪￦‬ڼڵڴڶ‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬
‫‪ￇ¨®¹·¸©¨￦¦¥°Κ￦‬‬ ‫‪￦‬ڴڴڼ‪Ζ‬ڹڼڷ‬ ‫‪￦‬ڴڴں‪Ζ‬ڴںڵ‬ ‫‪￦‬ڴڴڷ‪Ζ‬ڶڽ‬ ‫‪￦‬ڼڵڽ‪Ζ‬ڼڽ‬
‫ ‬
‫ ‬ ‫ ‬
‫‪375‬‬
‫‪Chapter 36‬‬ ‫‪Statement of Financial Position and Comprehensive Income‬‬

‫ ‬ ‫ ‪2018‬‬
‫ ‬ ‫ ‪Sales‬‬ ‫ ‪COS‬‬ ‫ ‪EI‬‬ ‫ ‪OPEX‬‬
‫‪Κ￦ￋￏ￦³º©¶Ζ￦￉ￕ￙￦¹²¨©¶￦‬ڵ‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڶڸ‬ ‫‪￦‬ڴڴڼ‪Ζ‬ڷڴڶ‬ ‫‪￦￦‬ڴڴڽ‪Ζ‬ڸںڵ‬ ‫‪￦￦‬ڴڴڻ‪Ζ‬ںڻ‬
‫‪￦‬ڻڵڴڶ‬ ‫‪￦‬‬ ‫‪ϯ￦‬ڴڴڶ‪Ζ‬ں‪Ϯ‬‬ ‫‪￦‬‬ ‫‪￦‬‬
‫‪￦‬ڼڵڴڶ‬ ‫‪￦‬‬ ‫‪￦‬ڴڴڹ‪Ζ‬ڼ‬ ‫‪ϯ￦‬ڴڴڹ‪Ζ‬ڼ‪Ϯ‬‬ ‫‪￦‬‬
‫‪Κ￦￙¥°¥¶­©·￦©¼´©²·©￦¹²¨©¶￦‬ڶ‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬
‫‪￦‬ڻڵڴڶ‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪ϯ￦‬ڴڴں‪Ζ‬ڸڵ‪￦ Ϯ‬‬
‫‪￦‬ڼڵڴڶ‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦￦‬ڴڴڷ‪Ζ‬ڻڵ‬
‫‪Κ￦￙¥°©·￦³º©¶·¸¥¸©¨￦‬ڷ‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬
‫‪￦‬ڻڵڴڶ‬ ‫‪￦‬ڴڴڻ‪Ζ‬ڵ‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬
‫‪￦‬ڼڵڴڶ‬ ‫‪ϯ￦‬ڴڴڼ‪Ϯ‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬
‫‪Κ￦ￋ¼´©²·©￦³º©¶·¸¥¸©¨￦‬ڸ‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬
‫‪￦‬ڻڵڴڶ‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦￦‬ڴڼڵ‬
‫‪￦‬ڼڵڴڶ‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪ϯ￦‬ڴڴڶ‪Ϯ‬‬
‫‪Κ￦ￖ¹¶§¬Κ￦ￕº©¶Ζ￦￉ￕ￙￦³º©¶￦‬ڹ‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬
‫‪￦‬ڻڵڴڶ‬ ‫‪￦‬‬ ‫‪￦‬ڴڴڶ‪Ζ‬ڷ‬ ‫‪￦‬‬ ‫‪￦‬‬
‫‪￦‬ڼڵڴڶ‬ ‫‪￦‬‬ ‫‪ϯ￦‬ڴڴں‪Ζ‬ڸ‪Ϯ‬‬ ‫‪￦‬‬ ‫‪￦‬‬
‫‪Κ￦￙¥°©·￦¹²¨©¶￦‬ں‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬
‫‪￦‬ڻڵڴڶ‬ ‫‪ϯ￦‬ڴڴڹ‪Ζ‬ڶ‪Ϯ‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬
‫‪￦‬ڼڵڴڶ‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڸ‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬
‫‪Κ￦￈¥¨￦¨©¦¸￦¹²¨©¶￦‬ڻ‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬
‫‪￦‬ܫڶ‪ϯ￦¼￦‬ڹ‪Κ‬ڶܩڸ‪Κ‬ڶڷ‪￦Ϯ‬ڻڵڴڶ‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬
‫‪￦‬ڼڽں‪Ο‬ܫڶ‪ϯ￦¼￦‬ڸܩڵ‪Κ‬ںں‪￦Ϯ‬ڼڵڴڶ‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦￦‬ڸڴڻ‬
‫‪Κ￦ￊ©´Κ￦ￋ¼´©²·©￦¹²¨©¶￦‬ڼ‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬
‫‪￦‬ڻڵڴڶ‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬
‫‪￦‬ڼڵڴڶ‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦￦‬ڴڴڹ‪Ζ‬ڸڵ‬
‫‪ￇ¨®¹·¸©¨￦¦¥°Κ￦‬‬ ‫‪￦‬ڴڴڸ‪Ζ‬ڶڶڸ‬ ‫‪￦‬ڴڴڻ‪Ζ‬ڸڴڶ‬ ‫‪￦‬ڴڴڸ‪Ζ‬ںڹڵ‬ ‫‪￦￦‬ڸڼڹ‪Ζ‬ڸڽ‬
‫ ‬
‫ ‪Question No. 6‬‬ ‫ )‪(A‬‬
‫‪￙¥°©·￦‬‬ ‫‪￦‬ڴڴڼ‪Ζ‬ڹڼڷ‬
‫‪ￒ©··￦￉³·¸￦³ª￦·¥°©·￦‬‬ ‫‪￦‬ڴڴں‪Ζ‬ڴںڵ‬
‫‪ￍ¶³··￦ￖ¶³ª­¸￦‬‬ ‫‪￦‬ڴڴڶ‪Ζ‬ڹڶڶ‬
‫‪ￒ©··￦ￕ´©¶¥¸­²«￦©¼´©²·©·￦‬‬ ‫‪￦‬ڼڵڽ‪Ζ‬ڼڽ‬
‫‪ￇ¨¨￦ￕ¸¬©¶￦­²§³±©￦‬‬ ‫‪￦‬ڴڴڵ‪Ζ‬ڶ‬
‫‪ￔ©¸￦´¶³ª­¸￦‬‬ ‫‪￦‬ڶڼڷ‪Ζ‬ڼڶڵ‬
‫‪ￇ¨¨Ό￦￘©¸¥­²©¨￦©¥¶²­²«·Ζ￦¦©«­²²­²«￦‬‬ ‫‪￦‬ڴڴڸ‪Ζ‬ڷڶ‬
‫‪)￦‬ڻڵڴڶ‪Ζ￦‬ڵڷ‪￘©¸¥­²©¨￦©¥¶²­²«·Ζ￦ￊ©§©±¦©¶￦‬‬ ‫‪￦‬ڶڼڻ‪Ζ‬ڵڹڵ‬
‫ ‬
‫ ‪Question No. 7‬‬ ‫ )‪(C‬‬
‫‪￉³·¸￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڹڸڵ‬
‫‪ϯ‬ڶ‪￦¼￦‬ڴڴڹ‪Ζ‬ڸڵ‪ￒ©··￦ￇ§§¹±¹°¥¸©¨￦¨©´¶©§­¥¸­³²￦Ϯ‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڽڶ‬
‫‪￦‬ڼڵڴڶ‪Ζ￦‬ڵڷ‪￈³³¯￦º¥°¹©￦³ª￦±¥§¬­²©¶½Ζ￦ￊ©§©±¦©¶￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ںڵڵ‬
‫ ‬
‫ ‬ ‫ ‬

‫‪376‬‬
Chapter 36 Statement of Financial Position and Comprehensive Income

Question No. 9 (B)

ￇ§§³¹²¸·￦¶©§©­º¥¦°©Ζ￦‫ڻڵڴڶ‬￦Ϯ‫ڶڷ‬Ζ‫ڶܩڴڴڸ‬Ζ‫ڴڴڹ‬ϯ￦ ‫ڸڷ‬Ζ‫ڴڴڽ‬￦
ￒ©··Ό￦ￇ°°³»¥²§©￦ª³¶￦¦¥¨￦¨©¦¸·￦Ϯ‫ڶڷ‬Ζ‫ڶܩڴڴڸ‬Ζ‫ڴڴڹ‬ϯ￦Є￦‫ܫڶ‬￦ ‫ڼڽں‬￦
ￔ©¸￦¶©¥°­¾¥¦°©￦º¥°¹©￦ ‫ڸڷ‬Ζ‫ڶڴڶ‬￦

Question No. 10 (B)
￙¥°©·￦‫ڼڵڴڶ‬￦ ‫ڶڶڸ‬Ζ‫ڴڴڸ‬￦
ￒ©··Ό￦￉³·¸￦³ª￦·¥°©·￦ ‫ڸڴڶ‬Ζ‫ڴڴڻ‬￦
ￍ¶³··￦ￖ¶³ª­¸￦ ‫ڻڵڶ‬Ζ‫ڴڴڻ‬￦
ￒ©··Ό￦ￕ´©¶¥¸­²«￦©¼´©²·©·￦ ‫ڸڽ‬Ζ‫ڸڼڹ‬￦
ￇ¨¨Ό￦ￕ¸¬©¶￦­²§³±©￦ ‫ڴڴڵڵ‬￦
ￔ©¸￦­²§³±©￦ ‫ڸڶڵ‬Ζ‫ںڵڶ‬￦
￦

SUMMARY OF ANSWERS:
1. C 2. C 3. D 4. A 5. C
6. A 7. C 8. B 9. B 10. B
￦
￦
PROBLEM 36-12
￦

Question No. 1
ￛ²¥¨®¹·¸©¨￦·¥°©·￦ ‫ڸ‬Ζ‫ڷڶڷ‬Ζ‫ڴڴں‬￦
ￒ©··Ό￦ￇ¨º¥²§©·￦ ‫ڶڷڵ‬Ζ‫ڴڴڴ‬￦
ￇ¨®¹·¸©¨￦￙¥°©·￦ ￦ (A)￦ ‫ڸ‬Ζ‫ڵڽڵ‬Ζ‫ڴڴں‬￦
￦
Question No. 2
￉¥¶¶½­²«￦º¥°¹©￦Ϯ‫ڴڴڵ‬Ζ‫ڴڴڴ‬￦¼￦‫ڸ؂ܫڴڻ‬Єϯ￦ ‫ڸڶ‬Ζ‫ڴڵڴ‬￦
ￒ©··Ό￦￘©§³º©¶¥¦°©￦¥±³¹²¸￦Ϯ¬­«¬©¶ϯ￦ ‫ڷڶ‬Ζ‫ڴڴڴ‬￦
ￏ±´¥­¶±©²¸￦°³··￦￦ (B)￦ ‫ڵ‬Ζ‫ڴڵڴ‬￦
Єª¹¸¹¶©￦º¥°¹©￦¥ª¸©¶￦‫ڸ‬￦´©¶­³¨·￦‫ܥ‬￦§¥¶¶½­²«￦º¥°¹©￦¥ª¸©¶￦‫ڸ‬￦´©¶­³¨·Κ￦

Question No. 3
￙¥°©·￦ ‫ڸ‬Ζ‫ڵڽڵ‬Ζ‫ڴڴں‬￦
ￇ¨¨Ό￦￦ ￏ²§¶©¥·©￦­²￦¶¥»￦±¥¸©¶­¥°·￦Ϯ‫ڹڻ‬Ζ‫ڴڴڼ‬￦ ￦‫ںڹ‬Ζ‫ڴڴڼ‬ϯ￦ ‫ڽڵ‬Ζ‫ڴڴڴ‬￦
￦ ￏ²§¶©¥·©￦­²￦ª­²­·¬©¨￦«³³¨·￦Ϯ‫ڴڷڵ‬Ζ‫ڴڴڻ‬￦ ￦‫ڹڴڵ‬Ζ‫ڴڴڼ‬ϯ￦ ‫ڸڶ‬Ζ‫ڴڴڽ‬￦
ￒ©··Ό￦￦ ￖ¹¶§¬¥·©￦³ª￦¶¥»￦±¥¸©¶­¥°·￦ Ϯ‫ڶ‬Ζ‫ںڹڴ‬Ζ‫ڴڴڹ‬ϯ￦
￦ ￕ¸¬©¶￦©¼´©²·©·￦Ϯ·©©￦¦©°³»ϯ￦ Ϯ‫ڶڶڹ‬Ζ‫ڴڴڵ‬ϯ￦
￦ ￝¥«©·￦¥²¨￦·¥°¥¶­©·￦Ϯ‫ڴڽڼ‬Ζ‫ڴڴڸ‬￦‫ܩ‬￦‫ڷڷ‬Ζ‫ڴڴڴ‬ϯ￦ Ϯ‫ڷڶڽ‬Ζ‫ڴڴڸ‬ϯ￦
￦ ￇ±³¶¸­¾¥¸­³²￦³ª￦¨©º©°³´±©²¸￦§³·¸￦Ϯ‫ڼڸں‬Ζ‫ڴڴڴ‬￦ϑ￦‫ڷ‬￦¼￦‫ڸ‬ϑ‫ڶڵ‬ϯ￦ Ϯ‫ڶڻ‬Ζ‫ڴڴڴ‬ϯ￦
￦ ￏ±´¥­¶±©²¸￦°³··￦ Ϯ‫ڵ‬Ζ‫ڴڵڴ‬ϯ￦
￦ ￊ©´¶©§­¥¸­³²￦σϮ‫ڻںڹ‬Ζ‫ڴڴڴ‬￦ ￦‫ڶڴڸ‬Ζ‫ڴڴڴ‬ϯ￦¼￦‫ܫڴڷ‬σ￦ Ϯ‫ڽڸ‬Ζ‫ڴڴڹ‬ϯ￦
￦ ￚ¥¼￦©¼´©²·©￦Ϯ‫ڶڹ‬Ζ‫ڴڴڴ‬￦‫ܩ‬￦‫ڹڷ‬Ζ‫ڴڴڴ‬￦ ￦‫ڴڷ‬Ζ‫ڴڴڴ‬ϯ￦ Ϯ‫ڻڹ‬Ζ‫ڴڴڴ‬ϯ￦
ￔ©¸￦­²§³±©￦ ￦ (A)￦ ‫ڷڹڹ‬Ζ‫ڴڽڽ‬￦

377
Chapter 36 Statement of Financial Position and Comprehensive Income

ￛ²¥¨®¹·¸©¨￦ￕ¸¬©¶￦ￋ¼´©²·©￦ ‫ڽںڹ‬Ζ‫ڴڴڽ‬￦
ￇ¨¨Ό￦￦ ￘©²¸￦©¼´©²·©￦σ‫ڴڵ‬Ζ‫ڴڴڴ‬￦‫ܩ‬￦Ϯ‫ڸ‬Ζ‫ڴڴڴ‬ϑ‫ڸ‬ϯЄЄσ￦ ‫ڵڵ‬Ζ‫ڴڴڴ‬￦
￦ ￏ²§¶©¥·©￦­²￦¥§§¶¹©¨￦©¼´©²·©￦Ϯ‫ںڶ‬Ζ‫ڴڴڻ‬￦Ο￦￦‫ڻڵ‬Ζ‫ڴڴڴ‬ϯ￦ ‫ڽ‬Ζ‫ڴڴڻ‬￦
ￒ©··Ό￦ ￚ¥¼￦·©¸¸°©±©²¸￦ Ϯ‫ڹڷ‬Ζ‫ڴڴڴ‬ϯ￦
￦ ￏ²§¶©¥·©￦­²￦´¶©´¥­¨￦©¼´©²·©￦Ϯ‫ڹڸ‬Ζ‫ڴڴڴ‬￦ ￦‫ڵڵ‬Ζ‫ڴڴڹ‬ϯ￦ Ϯ‫ڷڷ‬Ζ‫ڴڴڹ‬ϯ￦
ￇ¨®¹·¸©¨￦ￕ¸¬©¶￦ￋ¼´©²·©￦ ‫ڶڶڹ‬Ζ‫ڴڴڵ‬￦
ЄЄ￙­²§©￦ ¸¬©￦¨©´³·­¸￦ ­·￦ ²³²Ο¶©ª¹²¨¥¦°©Ζ￦¸¬­·￦ ­·￦ ¶©§³«²­¾©¨￦¥·￦¥¨¨­¸­³²¥°￦ ©¼´©²·©￦
³º©¶￦¸¬©￦°©¥·©￦¸©¶±Κ￦

Questions No. 4 to No. 7
Current assets: ￦ ￦
￦￦￉¥·¬￦­²￦¦¥²¯￦Ϯ‫ڵڸ‬Ζ‫ڴڹڼ‬￦ ￦‫ڷڷ‬Ζ‫ڴڴڴ‬ϯ￦ ‫ڼ‬Ζ‫ڴڹڼ‬￦ ￦
￦￦ￚ¶¥¨©￦¶©§©­º¥¦°©·￦¥²¨￦³¸¬©¶￦¶©§©­º¥¦°©·￦ ‫ڹڸڶ‬Ζ‫ڴڴڼ‬￦ ￦
￦￦￘¥»￦±¥¸©¶­¥°·￦ ‫ڹڻ‬Ζ‫ڴڴڼ‬￦ ￦
￦￦ￌ­²­·¬©¨￦«³³¨·￦ ‫ڴڷڵ‬Ζ‫ڴڴڻ‬￦ ￦
￦￦ￖ¶©´¥­¨￦©¼´©²·©￦ ‫ڹڸ‬Ζ‫ڴڴڴ‬￦ 506,150
￦ ￦ 4. (B)
Non-current assets: ￦ ￦
￦￦ￏ²¸¥²«­¦°©￦¥··©¸￦Ϯ‫ڼڸں‬Ζ‫ڴڴڴ‬￦ ￦‫ڶڻ‬Ζ‫ڴڴڴ‬ϯ￦ ‫ںڻڹ‬Ζ‫ڴڴڴ‬￦ ￦
￦￦ￖ°¥²¸￦Ϯ‫ڻںڹ‬Ζ‫ڴڴڴ‬￦ ￦‫ڶڴڸ‬Ζ‫ڴڴڴ‬￦ ￦‫ڽڸ‬Ζ‫ڴڴڹ‬￦ ￦‫ڵ‬Ζ‫ڴڵڴ‬ϯ￦ ‫ڸڵڵ‬Ζ‫ڴڽڸ‬￦ ￦
￦￦ￒ©¥·©￦¨©´³·­¸￦Ϯ‫ڸ‬Ζ‫ڴڴڴ‬￦ ￦‫ڵ‬Ζ‫ڴڴڴ‬ϯ￦ ‫ڷ‬Ζ‫ڴڴڴ‬￦ ‫ڷڽں‬Ζ‫ڴڽڸ‬￦
ￚ³¸¥°￦¥··©¸·￦ 5. (Cϯ￦ 1,199,640
￦ ￦ ￦
Current liabilities: ￦ ￦
￦￦ￚ¶¥¨©￦¥²¨￦³¸¬©¶￦´¥½¥¦°©·￦ ‫ںڹڵ‬Ζ‫ڴڴڻ‬￦ ￦
￦￦ￏ²§³±©￦¸¥¼￦´¥½¥¦°©￦ ‫ڶڹ‬Ζ‫ڴڴڴ‬￦ ￦
￦￦ￇ¨º¥²§©·￦ª¶³±￦§¹·¸³±©¶·￦ ‫ڶڷڵ‬Ζ‫ڴڴڴ‬￦ ￦
￦￦ￇ§§¶¹©¨￦´¹¶§¬¥·©·￦ ‫ںڶ‬Ζ‫ڴڴڻ‬￦ 367,400
￦ ￦ 6. (C)
Non-current liabilities: ￦ ￦
￦￦ￔ³²©￦ Ο￦ Ο￦
ￚ³¸¥°￦°­¥¦­°­¸­©·￦ ￦ ‫ڻںڷ‬Ζ‫ڴڴڸ‬￦
￦ ￦ ￦
Equity: ￦ ￦
￦￦ￕ¶¨­²¥¶½￦·¬¥¶©·￦ ‫ڴڴڷ‬Ζ‫ڴڴڴ‬￦ ￦
￦￦￘©¸¥­²©¨￦©¥¶²­²«·￦Ϯ‫ڷڹڹ‬Ζ‫ڴڽڽ‬￦ ￦‫ڵ‬Ζ‫ڴڹڻ‬￦¨©ª­§­¸￦ ￦ 7. (A)
‫ڴڶ‬Ζ‫ڴڴڴ‬ϯ￦ ‫ڶڷڹ‬Ζ‫ڴڸڶ‬￦ 832,240
ￚ³¸¥°￦°­¥¦­°­¸­©·￦¥²¨￦ ￦ ￦ 1,199,640￦

SUMMARY OF ANSWERS:
1. A 2. B 3. A 4. B 5. C 6. C 7. A

378
‫‪Chapter 36‬‬ ‫‪Statement of Financial Position and Comprehensive Income‬‬

‫ ‪PROBLEM 36-13‬‬
‫‪￦‬‬

‫‪Question Nos. 1 and 2‬‬ ‫‪￦‬‬

‫ ‬ ‫ ‬ ‫ ‪2017‬‬ ‫ ‪2018‬‬
‫‪ￛ²¥¨®¹·¸©¨￦²©¸￦­²§³±©￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڹڽڵ‪￦‬‬ ‫‪￦￦‬ڴڴڴ‪Ζ‬ڴڶڶ‪￦‬‬
‫‪￦ϯΟ￦‬ܫڴڵ‪￦¼￦‬ڴڴڴ‪Ζ‬ڶڽڷ‪ϯ￦ ￈ￊ￦©¼´©²·©￦¹²¨©¶Ζ￦ￔￏ￦³º©¶￦Ϯ‬ڵ‬
‫‪￦‬ڴڴڴ‪Ζ‬ڻڷ‬ ‫‪￦‬‬ ‫‪ϯ￦‬ڴڴڶ‪Ζ‬ڶ‪￦￦￦￦Ϯ‬‬
‫‪ϯ￦¥²¨￦‬ڴڴڴ‪Ζ‬ڼڻ‪Ο‬ڴڴڴ‪Ζ‬ڵڼ‪ϯ￦ ￛ²¶©¥°Κ￦ￍ¥­²￦Ϯￒ³··ϯ￦Ϯ‬ڶ‬
‫‪ϯ￦‬ڴڴڴ‪Ζ‬ڵڼ‪Ο‬ڴڴڴ‪Ζ‬ڶں‪Ϯ‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڷ‪￦￦￦￦￦‬‬ ‫‪ϯ￦‬ڴڴڴ‪Ζ‬ڽڵ‪￦￦Ϯ‬‬
‫‪ϯ￦ ￋￏ￦³º©¶·¸¥¸©¨Ζ￦ￔￏ￦³º©¶￦‬ڷ‬ ‫‪ϯ￦‬ڴڴڴ‪Ζ‬ڸ‪￦￦￦￦Ϯ‬‬ ‫‪￦￦‬ڴڴڴ‪Ζ‬ڸ‪￦￦￦￦￦‬‬
‫‪￦‬‬ ‫‪ￋￏ￦³º©¶·¸¥¸©¨Ζ￦ￔￏ￦³º©¶￦‬‬ ‫‪￦‬‬ ‫‪ϯ￦‬ڴڴڵ‪Ζ‬ں‪￦￦￦￦Ϯ‬‬
‫‪ϯ￦ Єￋ¼´©²·©￦³º©¶Ζ￦ￔￏ￦¹²¨©¶￦‬ڸ‬ ‫‪￦‬ڴڴڽ‪Ζ‬ڴڵ‪￦￦￦‬‬ ‫‪￦‬‬
‫‪￦‬‬ ‫‪ￊ©´¶©§­¥¸­³²￦©¼´©²·©￦¹²¨©¶Ζ￦ￔￏ￦³º©¶￦‬‬ ‫‪￦‬‬ ‫‪ϯ￦‬ڴڴڵ‪Ζ‬ڵ‪￦￦￦￦Ϯ‬‬
‫‪ϯ￦ ЄЄￍ¥­²￦³²￦·¥°©￦¹²¨©¶Ζ￦ￔￏ￦¹²¨©¶￦‬ڹ‬ ‫‪￦‬‬ ‫‪￦￦‬ڴڴڹ‪Ζ‬ڶ‪￦￦￦￦￦‬‬
‫‪ϯ￦ ￋ¼´Κ￦ￕº©¶￦‬ں‬ ‫‪￦‬ڴڴڼ‪Ζ‬ڵ‪￦￦￦￦￦￦‬‬ ‫‪ϯ￦‬ڴڴڽ‪￦￦￦￦￦￦Ϯ‬‬
‫‪ￇ¨®¹·¸©¨￦²©¸￦­²§³±©￦‬‬ ‫‪￦‬ڴڴڻ‪Ζ‬ںڴڶ‪￦‬‬ ‫‪￦￦‬ڴڴڶ‪Ζ‬ڻڽڵ‪￦‬‬
‫ ‬ ‫ )‪1. (B‬‬ ‫ )‪2. (B‬‬
‫‪￦‬‬

‫‪ϯ￦‬ڴڴڴ‪Ζ‬ڵ‪Ο‬ڴڴڴ‪Ζ‬ڶڵܥڴڵ‪ϯϑ‬ڴڴڴ‪Ζ‬ڵ‪Ο‬ڴڴڴ‪Ζ‬ڶڵ‪￦·¬³¹°¨￦¦©￦Ϯ‬ڴڴڴ‪Ζ‬ڶڵ‪ЄϮￋ¼´©²·©·￦¶©§³¶¨©¨￦ￖ‬‬
‫‪ЄЄￔ©¸￦￙©°°­²«￦ￖ¶­§©￦‬‬ ‫‪￦‬‬ ‫‪￦‬ڴڴڹ‪Ζ‬ڶ‬
‫‪ￒ©··￦§¥¶¶½­²«￦¥±³¹²¸￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬
‫‪￦￦￉³·¸￦‬‬ ‫‪￦‬ڴڴڹ‪Ζ‬ڻڵ‬ ‫‪￦‬‬
‫‪￦￦ￒ©··￦ￇ§§¹±¹°¥¸©¨￦¨©´¶©§­¥¸­³²￦‬‬ ‫‪￦‬ڴڴڹ‪Ζ‬ڻڵ‬ ‫‪￦‬ڴ‬
‫‪ￍ¥­²￦³²￦·¥°©￦‬‬ ‫‪￦‬‬ ‫‪￦‬ڴڴڹ‪Ζ‬ڶ‬
‫‪￦‬‬
‫‪Question No. 3￦‬‬
‫‪￉¥·¬￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڶڼ‪￦￦￦‬‬
‫‪ϯ￦‬ڴڴڴ‪Ζ‬ڼڵ‪Ο‬ڴڴڴ‪Ζ‬ںڽڶ‪ￇ§§³¹²¸·￦¶©§©­º¥¦°©￦Ϯ‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڼڻڶ‪￦‬‬
‫‪ￚ¶¥¨­²«￦·©§¹¶­¸­©·￦¥¸￦ￌ¥­¶￦º¥°¹©￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڵڼ‪￦￦￦‬‬
‫‪ϯ￦‬ڴڴڴ‪Ζ‬ڸ‪Ο‬ڴڴڴ‪Ζ‬ڶڴڶ‪ￓ©¶§¬¥²¨­·©￦­²º©²¸³¶½￦Ϯ‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڼڽڵ‪￦‬‬
‫‪ϯ￦‬ڴڴڽ‪￦Ο￦‬ڴڴڻ‪Ζ‬ڶ‪ￖ¶©´¥­¨￦­²·¹¶¥²§©￦Ϯ‬‬ ‫‪￦‬ڴڴڼ‪Ζ‬ڵ‪￦￦￦￦‬‬
‫‪ￚ³¸¥°￦§¹¶¶©²¸￦¥··©¸·￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪(D)￦‬‬ ‫‪￦‬ڴڴڼ‪Ζ‬ڴڸں‪￦‬‬
‫‪￦‬‬
‫‪Question No. 4￦‬‬
‫‪￉¥·¬￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڷںڵ‬
‫‪ϯ￦‬ܫڴڽ‪￦¼￦‬ڴڴڴ‪Ζ‬ڶڽڷ‪ￇ§§³¹²¸·￦¶©§©­º¥¦°©￦Ϯ‬‬ ‫‪￦‬ڴڴڼ‪Ζ‬ڶڹڷ‬
‫‪ￚ¶¥¨­²«￦·©§¹¶­¸­©·￦¥¸￦ￌ¥­¶￦º¥°¹©￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڶں‬
‫‪ϯ￦‬ڴڴڵ‪Ζ‬ں‪Ο‬ڴڴڴ‪Ζ‬ڻڴڶ‪ￓ©¶§¬¥²¨­·©￦­²º©²¸³¶½￦Ϯ‬‬ ‫‪￦‬ڴڴڽ‪Ζ‬ڴڴڶ‬
‫‪ￖ¶©´¥­¨￦­²·¹¶¥²§©￦‬‬ ‫‪￦‬ڴڴڽ‬
‫‪ￚ³¸¥°￦§¹¶¶©²¸￦¥··©¸·￦‬‬ ‫‪￦‬ڴڴں‪Ζ‬ڽڻڻ‬
‫‪ￖ¶³´©¶¸½Ζ￦´°¥²¸￦¥²¨￦©µ¹­´±©²¸￦‬‬ ‫‪￦‬‬
‫‪ϯ￦‬ڴڴڹ‪Ζ‬ڻڵ‪Ο‬ڴڴڴ‪Ζ‬ڶڵܩڴڴڹ‪Ζ‬ڽںڵ‪Ϯ‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڸںڵ‬
‫‪ￒ©··Ό￦ￇ§§¹±¹°¥¸©¨Κ￦ￊ©´¶©§­¥¸­³²￦‬‬ ‫‪￦‬‬
‫‪ϯ￦‬ڴڴڹ‪Ζ‬ڻڵ‪Ο‬ڴڴڵ‪Ζ‬ڵܩڴڴڵ‪Ζ‬ڵܩڴڴں‪Ζ‬ڵڶڵ‪Ϯ‬‬ ‫‪￦‬ڴڴڷ‪Ζ‬ںڴڵ‬
‫‪ￔ©¸￦￈³³¯￦º¥°¹©￦‬‬ ‫‪￦‬ڴڴڻ‪Ζ‬ڻڹ‬
‫‪ￚ³¸¥°￦ￇ··©¸·￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦‬‬ ‫‪(B)￦‬‬ ‫‪￦‬ڴڴڷ‪Ζ‬ڻڷڼ‬
‫‪￦‬‬
‫‪379‬‬
Chapter 36 Statement of Financial Position and Comprehensive Income

Question No. 5￦
￙¬¥¶©￦§¥´­¸¥°￦Ϯ‫ڴڶ‬Ζ‫ڴڴڴ‬￦¼￦ￖ‫ڴڵ‬ϯ￦ ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦
￙¬¥¶©￦´¶©±­¹±￦￦ ‫ڴں‬Ζ‫ڴڴڴ‬￦
￘©¸¥­²©¨￦©¥¶²­²«·￦Ϯ‫ںڴڶ‬Ζ‫ڻڽڵܩڴڴڻ‬Ζ‫ܩڴڴڶ‬Є‫ڶڹ‬Ζ‫ڴڴڴ‬ϯ￦ ‫ڹڹڸ‬Ζ‫ڴڴڽ‬￦
ￇ¨®¹·¸©¨￦￙¬¥¶©¬³°¨©¶·‫ك‬￦©µ¹­¸½￦ ￦ (A)￦ ‫ڹڵڻ‬Ζ‫ڴڴڽ‬￦
ЄϮ‫ڻڸڶ‬Ζ‫ڴڴڴ‬Ο‫ڹڽڵ‬Ζ‫ڴڴڴ‬ϯ￦
￦

SUMMARY OF ANSWERS:
1. B 2. B 3. C 4. B 5. A
￦
￦
PROBLEM 36-14
￦

Question No. 1
ￛ²¥¨®¹·¸©¨￦·¥°©·￦ ‫ڴڹڹ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦￙¥°©￦»­¸¬￦¥￦¶©´¹¶§¬¥·©￦¥«¶©©±©²¸￦Ϯ·©°°­²«￦´¶­§©ϯ￦ Ϯ‫ڴڵ‬Ζ‫ڴڴڴ‬ϯ￦
ￇ¨®¹·¸©¨￦￙¥°©·￦ ￦ (B)￦ ‫ڴڸڹ‬Ζ‫ڴڴڴ‬￦
￦

Note:￦ ￚ¬©￦ ¸¶¥²·¥§¸­³²￦ ·¬³¹°¨￦ ¦©￦ ¶©´³¶¸©¨￦ ¥·￦ ¥￦ ª­²¥²§­²«￦ ¥¶¶¥²«©±©²¸Ζ￦ ¶¥¸¬©¶￦
¸¬¥²￦ ·¥°©Κ￦ￎ©²§©Ζ￦ ¸¬©￦§³±´¥²½￦ »­°°￦­²·¸©¥¨￦¶©´³¶¸￦ ¥￦°­¥¦­°­¸½￦ ¥²¨￦­²¸©¶©·¸Κ￦ￇ°·³Ζ￦
¸¬©￦§³·¸￦·¬³¹°¨￦¦©￦­²§°¹¨©¨￦¥·￦´¥¶¸￦³ª￦­²º©²¸³¶½Κ￦
￦
Question No. 2
ￛ²¥¨®¹·¸©¨￦§³·¸￦³ª￦·¥°©·￦ ‫ڵڵڸ‬Ζ‫ڴڴڹ‬￦
ￒ©··Ό￦ ￙¥°©￦»­¸¬￦¥￦¶©´¹¶§¬¥·©￦¥«¶©©±©²¸￦Ϯ§³·¸ϯ￦ Ϯ‫ڻ‬Ζ‫ڴڴڴ‬ϯ￦
ￇ¨¨Ό￦ ￊ©´¶©§­¥¸­³²￦³²￦ￖ°¥²¸￦Ϯ·©©￦¦©°³»ϯ￦ ‫ڷڵ‬Ζ‫ڴڴں‬￦
￦ ￊ©´¶©§­¥¸­³²￦³²￦￈¹­°¨­²«￦Ϯ‫ڹڷ‬Ζ‫ڴڴڴ‬￦ϑ￦‫ڸڵ‬ϯ￦ ‫ڶ‬Ζ‫ڴڴڹ‬￦
ￇ¨®¹·¸©¨￦§³·¸￦³ª￦·¥°©·￦ (D)￦ ‫ڴڶڸ‬Ζ‫ڴڴں‬￦

Depreciation of plant asset is computed as follows:
ￖ°¥²¸￦¥··©¸￦§°¥··­ª­©¨￦¥·￦¬©°¨￦ª³¶￦·¥°©￦σϮ‫ڽ‬Ζ‫ڴڴڴ‬￦ ￦‫ڹ‬Ζ‫ڴڴڴ‬ϯ￦¼￦‫ܫڴڶ‬￦¼￦
‫ں‬ϑ‫ڶڵ‬σ￦ ‫ڴڴڸ‬￦
￘©±¥­²­²«￦´°¥²¸￦¥··©¸￦σϮ‫ڴڻ‬Ζ‫ڴڴڴ‬￦ ￦‫ڸ‬Ζ‫ڴڴڴ‬ϯ￦¼￦‫ܫڴڶ‬σ￦ ‫ڷڵ‬Ζ‫ڴڴڶ‬￦
ￚ³¸¥°￦´°¥²¸￦¥··©¸￦¨©´¶©§­¥¸­³²￦ ‫ڷڵ‬Ζ‫ڴڴں‬￦

Non-current asset held for sale:
ￌ¥­¶￦º¥°¹©￦°©··￦§³·¸￦¸³￦·©°°￦ ‫ڸ‬Ζ‫ڴڴڶ‬￦
￉¥¶¶½­²«￦º¥°¹©￦¨¥¸©￦³ª￦§°¥··­ª­§¥¸­³²￦Ϯ‫ڸ‬Ζ‫ڴڴڴ‬￦ ￦‫ڴڴڸ‬ϯ￦ ‫ڷ‬Ζ‫ڴڴں‬￦
ￏ²­¸­¥°￦§¥¶¶½­²«￦¥±³¹²¸￦Ο￦LOWER￦ ‫ڷ‬Ζ‫ڴڴں‬￦

Question No. 3
￙¥°©·￦ ‫ڴڸڹ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦￉³·¸￦³ª￦·¥°©·￦ ‫ڴڶڸ‬Ζ‫ڴڴں‬￦
ￍ¶³··￦´¶³ª­¸￦ ‫ڽڵڵ‬Ζ‫ڴڴڸ‬￦
ￒ©··Ό￦￦ ￊ­·¸¶­¦¹¸­³²￦§³·¸￦ Ϯ‫ڵڶ‬Ζ‫ڴڴڹ‬ϯ￦
￦ ￇ¨±­²­·¸¶¥¸­º©￦©¼´©²·©·￦ Ϯ‫ڴڷ‬Ζ‫ڴڴڽ‬ϯ￦
￦ ￏ²¸©¶©·¸￦σϮ‫ڴڴڻ‬￦‫ܩ‬￦Ϯ‫ڴڵ‬Ζ‫ڴڴڴ‬￦¼￦‫ܫڴڵ‬￦¼￦‫ں‬ϑ‫ڶڵ‬Єϯσ￦ Ϯ‫ڵ‬Ζ‫ڴڴڶ‬ϯ￦
380
Chapter 36 Statement of Financial Position and Comprehensive Income

￦ ￖ¶³º­·­³²￦ª³¶￦¦³²¹·￦Ϯ‫ڴڸڹ‬Ζ‫ڴڴڴ‬￦¼￦‫ܫڵ‬ϯ￦ Ϯ‫ڹ‬Ζ‫ڴڴڸ‬ϯ￦
￦ ￚ¥¼￦©¼´©²·©￦Ϯ­²§¶©¥·©￦­²￦ￊￚￒ￦¥²¨￦￉ￚￒϯ￦ ￦Ϯ‫ڻڶ‬Ζ‫ڴڴڶ‬￦‫ܩ‬￦‫ڽ‬Ζ‫ڴڴڸ‬￦
￦ ￦ ￦‫ڵ‬Ζ‫ڴڴڶ‬￦ ￦‫ں‬Ζ‫ڴڴڶ‬ϯ￦ Ϯ‫ڽڶ‬Ζ‫ڴڴڶ‬ϯ￦
ￔ©¸￦­²§³±©￦ ￦ (A)￦ ‫ڵڷ‬Ζ‫ڴڴڶ‬￦
￦
Question No. 4
ￔ©¸￦­²§³±©￦ ‫ڵڷ‬Ζ‫ڴڴڶ‬￦
ￇ¨¨Ό￦￘©º¥°¹¥¸­³²￦·¹¶´°¹·￦Ϯ·©©￦§³±´¹¸¥¸­³²￦¦©°³»ϯ￦ ‫ڻ‬Ζ‫ڴڴڴ‬￦
ￚ³¸¥°￦§³±´¶©¬©²·­º©￦­²§³±©￦ (B)￦ ‫ڼڷ‬Ζ‫ڴڴڶ‬￦
￦
Land:
￦￦ￇ´´¶¥­·©¨￦º¥°¹©￦ ‫ڶڵ‬Ζ‫ڴڴڴ‬￦ ￦
￦￦￉¥¶¶½­²«￦¥±³¹²¸￦ ‫ڴڵ‬Ζ‫ڴڴڴ‬￦ ‫ڶ‬Ζ‫ڴڴڴ‬￦
￦ ￦ ￦

Building:
￦￦ￇ´´¶¥­·©¨￦º¥°¹©￦ ‫ڹڷ‬Ζ‫ڴڴڴ‬￦ ￦
￦￦ￒ©··Ό￦￉¥¶¶½­²«￦¥±³¹²¸￦Ϯ‫ڴڹ‬Ζ‫ڴڴڴ‬￦ ￦‫ڴڶ‬Ζ‫ڴڴڴ‬ϯ￦ ‫ڴڷ‬Ζ‫ڴڴڴ‬￦ ‫ڹ‬Ζ‫ڴڴڴ‬￦
ￚ³¸¥°￦¶©º¥°¹¥¸­³²￦·¹¶´°¹·￦ ￦ ‫ڻ‬Ζ‫ڴڴڴ‬￦
￦
Questions No. 4 to No. 9
Current assets: ￦ ￦
￦￦ￚ¶¥¨©￦¶©§©­º¥¦°©·￦ ‫ڶڸ‬Ζ‫ڴڴڶ‬￦ ￦
￦￦ￏ²º©²¸³¶½￦Ϯ‫ڷڸ‬Ζ‫ڴڴڻ‬￦‫ܩ‬￦‫ڻ‬Ζ‫ڴڴڴ‬ϯ￦ ‫ڴڹ‬Ζ‫ڴڴڻ‬￦ ￦
￦￦ￔ³²Ο§¹¶¶©²¸￦¥··©¸￦¬©°¨￦ª³¶￦·¥°©￦ ‫ڷ‬Ζ‫ڴڴں‬￦ 96,500
￦ ￦ 5. (D)
Non-current assets: ￦ ￦
￦￦ￒ¥²¨￦ ‫ڶڵ‬Ζ‫ڴڴڴ‬￦ ￦
￦￦￈¹­°¨­²«￦Ϯ‫ڹڷ‬Ζ‫ڴڴڴ‬￦ ￦‫ڶ‬Ζ‫ڴڴڹ‬ϯ￦ ‫ڶڷ‬Ζ‫ڴڴڹ‬￦ 6. (Cϯ￦
￦￦ￖ°¥²¸￦Ϯ‫ںں‬Ζ‫ڴڴڴ‬￦ ￦‫ڷڵ‬Ζ‫ڴڴڶ‬ϯ￦ ‫ڶڹ‬Ζ‫ڴڴڼ‬￦ 97,300
ￚ³¸¥°￦¥··©¸·￦ ￦ ‫ڷڽڵ‬Ζ‫ڴڴڼ‬￦
￦ ￦ ￦

Current liabilities: ￦ ￦
￦￦ￚ¶¥¨©￦´¥½¥¦°©·￦ ‫ڹڷ‬Ζ‫ڴڴڵ‬￦ ￦
￦￦￈¥²¯￦³º©¶¨¶¥ª¸￦ ‫ں‬Ζ‫ڴڴڼ‬￦ ￦
￦￦￉¹¶¶©²¸￦¸¥¼￦°­¥¦­°­¸½￦ ‫ڻڶ‬Ζ‫ڴڴڶ‬￦ ￦
￦￦ￖ¶³º­·­³²￦ ￦¦³²¹·￦ ‫ڹ‬Ζ‫ڴڴڸ‬￦ 74,500
￦ ￦ 7. (C)
Non-current liabilities: ￦ ￦
￦￦ￊ©ª©¶¶©¨￦¸¥¼￦°­¥¦­°­¸½￦ ‫ڽ‬Ζ‫ڴڴڸ‬￦ Ο￦
￦￦￈¥²¯￦°³¥²￦ ‫ڴڵ‬Ζ‫ڴڴڴ‬￦ 8. (D)￦
￦￦ￏ²¸©¶©·¸￦´¥½¥¦°©￦ ‫ڴڴڹ‬￦ 19,900
ￚ³¸¥°￦°­¥¦­°­¸­©·￦ ￦ ‫ڸڽ‬Ζ‫ڴڴڸ‬￦
￦

Equity: ￦ ￦
￦￦ￋµ¹­¸½￦·¬¥¶©·￦ ‫ڴڹ‬Ζ‫ڴڴڴ‬￦ ￦
￦￦￙¬¥¶©￦´¶©±­¹±￦ ‫ڴڶ‬Ζ‫ڴڴڴ‬￦ ￦
￦￦￘©º¥°¹¥¸­³²￦·¹¶´°¹·￦ ‫ڻ‬Ζ‫ڴڴڴ‬￦ ￦
381
Chapter 36 Statement of Financial Position and Comprehensive Income

9. (B)
￦￦￘©¸¥­²©¨￦©¥¶²­²«·￦Ϯ‫ڵڵ‬Ζ‫ڴڴڶ‬￦‫ܩ‬￦‫ڵڷ‬Ζ‫ڴڴڶ‬￦ ￦‫ڴڶ‬Ζ‫ڴڴڴ‬ϯ￦ ‫ڶڶ‬Ζ‫ڴڴڸ‬￦ 99,400
￦ ￦ 1,199,640￦
￦
Question No. 10
ￔ©¸￦­²§³±©￦ ‫ڵڷ‬Ζ‫ڴڴڶ‬￦
ￊ­º­¨©¨￦¦½Ό￦￝©­«¬¸©¨￦¥º©¶¥«©￦·¬¥¶©·￦Ϯ·©©￦¦©°³»ϯ￦ ‫ںڽ‬Ζ‫ڽڷڻ‬￦
ￋ¥¶²­²«·￦´©¶￦·¬¥¶©￦ ￦ (A)￦ ‫ڹڶڶڷ‬￦
￦

ￇ´¶­°￦‫ڵ‬￦¸³￦￐¹°½￦‫ڵ‬￦Ϯ‫ڴڼ‬Ζ‫ڴڴڴ‬Є￦¼￦2 / 1.84**￦¼￦‫ڷ‬ϑ‫ڶڵ‬ϯ￦ ‫ڵڶ‬Ζ‫ڽڷڻ‬￦

￐¹°½￦‫ڵ‬￦¸³￦ￓ¥¶§¬￦‫ڵڷ‬￦Ϯ‫ڴڴڵ‬Ζ‫ڴڴڴ‬￦¼￦‫ڽ‬ϑ‫ڶڵ‬ϯ￦ ‫ڹڻ‬Ζ‫ڴڴڴ‬￦
￝©­«¬¸©¨￦¥º©¶¥«©￦²¹±¦©¶￦³ª￦·¬¥¶©·￦ ‫ںڽ‬Ζ‫ڽڷڻ‬￦
￦

*The number of shares before the exercise of the rights may be computed

**Adjustment factor.
￦

ￌ¥­¶￦º¥°¹©￦´©¶￦·¬¥¶©￦ ￦¶­«¬¸￦³²￦minus￦©¼©¶§­·©￦´¶­§©￦
ￜ¥°¹©￦³ª￦³²©￦¶­«¬¸￦ ‫ܥ‬￦
ￔ¹±¦©¶￦³ª￦¶­«¬¸·￦¸³￦´¹¶§¬¥·©￦³²©￦·¬¥¶©￦plus￦‫ڵ‬￦
￦

Ο￦￦ ￦
ￜ¥°¹©￦³ª￦³²©￦¶­«¬¸￦ ‫ܥ‬￦
‫ڸ‬￦‫ܩ‬￦‫ڵ‬
￦ ‫ܥ‬ ￦
￦

ￌ¥­¶￦º¥°¹©￦´©¶￦·¬¥¶©￦ ￦¶­«¬¸￦³²￦ ￦ ￦￦
ￒ©··Ό￦ￚ¬©³¶©¸­§¥°￦º¥°¹©￦³ª￦³²©￦¶­«¬¸￦ ￦ ￦￦￦￦￦Κ‫ںڵ‬￦ ￦
ￚ¬©³¶©¸­§¥°￦©¼Ο¶­«¬¸·￦ª¥­¶￦º¥°¹©￦´©¶￦·¬¥¶©￦ ￦ ￦
￦

SUMMARY OF ANSWERS:
1. B 2. D 3. A 4. B 5. D
6. C 7. C 8. D 9. B 10. A
￦
￦
PROBLEM 36-15
￦

Question No. 1
ￏ²º©²¸³¶­©·￦¥¸￦‫ڴڷ‬￦￙©´¸©±¦©¶￦‫ڻڵڴڶ‬￦ ‫ڵڷ‬Ζ‫ڴڴڼ‬￦
ￇ¨¨Ό￦ￖ¹¶§¬¥·©·￦￦ ‫ڸڸڷ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦ￏ²º©²¸³¶­©·￦¥¸￦‫ڴڷ‬￦￙©´¸©±¦©¶￦‫ڼڵڴڶ‬￦ ‫ڻڶ‬Ζ‫ڴڴڷ‬￦
ￇ¨¨Ό￦ￊ©´¶©§­¥¸­³²￦ ￦´°¥²¸￦¥²¨￦±¥§¬­²©¶½￦Ϯ·©©￦¦©°³»ϯ￦ ‫ںڸ‬Ζ‫ڹڼڸ‬￦
ￇ¨¨Ό￦ￊ©´¶©§­¥¸­³²￦ ￦±¥§¬­²©￦§°¥··­ª­©¨￦¥·￦¬©°¨￦ª³¶￦·¥°©￦Ϯ‫ڼ‬Ζ‫ڴڴڶ‬￦¼￦
‫ܫڴڶ‬￦¼￦‫ں‬ϑ‫ڶڵ‬ϯ￦ ‫ڴڶڼ‬￦
ￇ¨¨Ό￦ￏ±´¥­¶±©²¸￦°³··￦ ￦²³²§¹¶¶©²¸￦¥··©¸￦¬©°¨￦ª³¶￦·¥°©￦σϮ‫ڼ‬Ζ‫ڴڴڶ‬￦ ￦
‫ڴڶڼ‬ϯ￦ ￦‫ں‬Ζ‫ڴڴڹ‬σ￦ ‫ڴڼڼ‬￦
ￇ¨®¹·¸©¨￦￉³·¸￦³ª￦￙¥°©·￦ ￦ (B)￦ ‫ںڽڷ‬Ζ‫ڹڼں‬￦
￦

Plant and Machinery

￉³·¸￦ ￦¦¥°¥²§©￦ª³¶»¥¶¨￦ ‫ڹڼڷ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦ￇ§§¹±¹°¥¸©¨￦¨©´¶©§­¥¸­³²￦ ￦¦¥°¥²§©￦ª³¶»¥¶¨￦ ‫ڸڸڵ‬Ζ‫ڹڻڷ‬￦

382
Chapter 36 Statement of Financial Position and Comprehensive Income

ￒ©··Ό￦ￎ©°¨￦ª³¶￦·¥°©￦¥··©¸￦ ￦§¥¶¶½­²«￦¥±³¹²¸￦ ‫ڼ‬Ζ‫ڴڴڶ‬￦

￈¥°¥²§©￦ ‫ڶڷڶ‬Ζ‫ڹڶڸ‬￦
ￒ©··Ό￦ￊ©´¶©§­¥¸­³²￦¨¹¶­²«￦¸¬©￦½©¥¶￦Ϯ‫ڶڷڶ‬Ζ‫ڹڶڸ‬￦¼￦‫ܫڴڶ‬ϯ￦ ‫ںڸ‬Ζ‫ڹڼڸ‬￦
￉¥¶¶½­²«￦¥±³¹²¸￦ ￦½©¥¶￦©²¨￦ ‫ڹڼڵ‬Ζ‫ڴڸڽ‬￦
￦
Question No. 2
ￚ¶­¥°￦¦¥°¥²§©￦ ‫ںڵڶ‬Ζ‫ڴڴڶ‬￦
ￇ¨¨Ό￦ￊ©´¶©§­¥¸­³²￦ ￦ￖ¶³´©¶¸½￦Ϯ‫ڸڵ‬Ζ‫ڴڴڹ‬￦‫ܩ‬￦‫ڴڷ‬Ζ‫ڴڴڴ‬ϯ￦Ο￦·©©￦¦©°³»￦ ‫ڸڷ‬Ζ‫ڴڴڹ‬￦
ￇ¨¨Ό￦ￊ³»²»¥¶¨￦ￜ¥°¹¥¸­³²￦Ϯ‫ڴڼڸ‬Ζ‫ڴڴڴ‬￦ ￦‫ںڹڸ‬Ζ‫ڴڴڴ‬ϯ￦ ‫ڸڶ‬Ζ‫ڴڴڴ‬￦
ￇ¨®¹·¸©¨￦ￇ¨±­²￦ￋ¼´©²·©￦￦ (C)￦ ‫ڸڻڶ‬Ζ‫ڴڴڻ‬￦
￦

Property Valuations ￖ¶³´©¶¸½￦ￇ￦ ￖ¶³´©¶¸½￦￈￦

￉¥¶¶½­²«￦¥±³¹²¸￦ ￦ￕ§¸³¦©¶￦‫ڵ‬Ζ￦‫ڻڵڴڶ‬￦ ‫ڶڻڷ‬Ζ‫ڴڴڴ‬￦ ‫ڵ‬Ζ‫ڴڼڴ‬Ζ‫ڴڴڴ‬￦
ￜ¥°¹¥¸­³²￦ ￦ￕ§¸³¦©¶￦‫ڵ‬Ζ￦‫ڻڵڴڶ‬￦ Ϯ‫ڽڸڸ‬Ζ‫ڴڴڹ‬ϯ￦ Ϯ‫ڴڴں‬Ζ‫ڴڴڴ‬ϯ￦
￘©º¥°¹¥¸­³²￦Ϯ«¥­²ϯϑ°³··￦ Ϯ‫ڻڻ‬Ζ‫ڴڴڹ‬ϯ￦ ‫ڴڼڸ‬Ζ‫ڴڴڴ‬￦
￦ ￦ ￦
ￜ¥°¹¥¸­³²￦ ￦ￕ§¸³¦©¶￦‫ڵ‬Ζ￦‫ڻڵڴڶ‬￦ ‫ڽڸڸ‬Ζ‫ڴڴڹ‬￦ ‫ڴڴں‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦ￊ©´¶©§­¥¸­³²￦Ϯￖ¶³´©¶¸½￦ￇΌ￦‫ڵڷ‬￦½©¥¶·Ή￦ ￦
ￖ¶³´©¶¸½￦￈Ό￦‫ڴڷ‬￦½©¥¶·ϯ￦ Ϯ‫ڸڵ‬Ζ‫ڴڴڹ‬ϯ￦ Ϯ‫ڴڶ‬Ζ‫ڴڴڴ‬ϯ￦
￉¥¶¶½­²«￦¥±³¹²¸￦ ￦ￕ§¸³¦©¶￦‫ڵ‬Ζ￦‫ڼڵڴڶ‬￦ ‫ڹڷڸ‬Ζ‫ڴڴڴ‬￦ ‫ڴڼڹ‬Ζ‫ڴڴڴ‬￦
￦
Question No. 3
ￚ¶­¥°￦¦¥°¥²§©￦ ‫ںڼ‬Ζ‫ڴڴڽ‬￦
ￇ¨¨Ό￦ￖ¶³º­·­³²￦§¬¥¶«©￦Ϯ·©©￦¦©°³»ϯ￦ ‫ڷڷ‬Ζ‫ڴڴں‬￦
ￇ¨¨Ό￦ￒ©¥·©￦©¼´©²·©￦Ϯ·©©￦¦©°³»ϯ￦ ‫ڻڶ‬Ζ‫ڴڴں‬￦
ￇ¨®¹·¸©¨￦ￕ¸¬©¶￦ￕ´©¶¥¸­²«￦￉³·¸·￦ (C)￦ ‫ڼڸڵ‬Ζ‫ڴڴڵ‬￦
￦

Provision Onerous Lease

￉¹¶¶©²¸￦°­¥¦­°­¸­©·￦σϮ‫ڷ‬Ζ‫ڴڴڴ‬￦ ￦‫ڶ‬Ζ‫ڴڴڷ‬ϯ￦¼￦‫ڶڵ‬σ￦ ‫ڼ‬Ζ‫ڴڴڸ‬￦
ￔ³²Ο§¹¶¶©²¸￦°­¥¦­°­¸­©·￦Ϯ‫ڼ‬Ζ‫ڴڴڴڸ‬￦¼￦‫ڷ‬￦½©¥¶·ϯ￦ ‫ڹڶ‬Ζ‫ڴڴڶ‬￦
ￚ³¸¥°￦ ‫ڷڷ‬Ζ‫ڴڴں‬￦
￦

Operating Lease
ￚ³¸¥°￦ￖ¥½±©²¸·￦σϮ‫ڼڵ‬Ζ‫ڴڴڴ‬￦¼￦‫ڻ‬￦½©¥¶·ϯ￦‫ܩ‬￦Ϯ‫ںڷ‬Ζ‫ڴڴڴ‬￦¼￦‫ڼ‬￦½©¥¶·ϯσ￦ ‫ڸڵڸ‬Ζ‫ڴڴڴ‬￦
ￊ­º­¨©¨￦¦½Ό￦￦ ‫ڹڵ‬￦½©¥¶·￦
ￕ´©¶¥¸­²«￦°©¥·©￦©¼´©²·©￦´©¶￦½©¥¶￦ ‫ڻڶ‬Ζ‫ڴڴں‬￦
￦
Question No. 4
￘©º©²¹©￦ ‫ڵ‬Ζ‫ڻڹڴ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦￉³·¸￦³ª￦·¥°©·￦ ‫ںڽڷ‬Ζ‫ڹڼں‬￦
ￍ¶³··￦´¶³ª­¸￦ ‫ڴںں‬Ζ‫ڹڵڷ‬￦
ￒ©··Ό￦￦ￇ¨±­²­·¸¶¥¸­º©￦©¼´©²·©·￦( see No. 2)￦ ‫ڸڻڶ‬Ζ‫ڴڴڻ‬￦
￦ ￕ¸¬©¶￦³´©¶¥¸­²«￦§³·¸·￦(see No. 3)￦ ‫ڼڸڵ‬Ζ‫ڴڴڵ‬￦
ￖ¶³ª­¸￦¦©ª³¶©￦¸¥¼￦ ‫ڻڷڶ‬Ζ‫ڹڵڹ‬￦
ￒ©··Ό￦ￚ¥¼￦ ‫ںڹ‬Ζ‫ڴڴڴ‬￦
ￖ¶³ª­¸￦¥ª¸©¶￦¸¥¼￦ ￦ (A)￦ ‫ڵڼڵ‬Ζ‫ڹڵڼ‬￦
383
Chapter 36 Statement of Financial Position and Comprehensive Income

Questions No. 4 to No. 8

Current assets: ￦ ￦
￦￦ￏ²º©²¸³¶­©·￦ ‫ڻڶ‬Ζ‫ڴڴڷ‬￦ ￦
￦￦ￚ¶¥¨©￦¥²¨￦³¸¬©¶￦¶©§©­º¥¦°©·￦ ‫ڵں‬Ζ‫ڴڴڹ‬￦ ￦
￦￦￉¥·¬￦­²￦¦¥²¯￦ ‫ڹ‬Ζ‫ڴڴڵ‬￦
￦ ‫ڷڽ‬Ζ‫ڴڴڽ‬￦
ￔ³²Ο§¹¶¶©²¸￦¥··©¸￦¬©°¨￦ª³¶￦·¥°©￦ ‫ں‬Ζ‫ڴڴڹ‬￦ 100,400
￦ ￦ 5. (D)
Non-current assets: ￦ ￦
￦￦ￖￖￋ￦Ϯ‫ڹڼڵ‬Ζ‫ڴڸڽ‬￦‫ܩ‬￦‫ڴڴڸ‬Ζ‫ڴڴڴ‬￦‫ܩ‬￦‫ڹڷڸ‬Ζ‫ڴڴڴ‬￦‫ܩ‬￦‫ڴڼڹ‬Ζ‫ڴڴڴ‬ϯ￦ ‫ڵ‬Ζ‫ڴڴں‬Ζ‫ڴڸڽ‬￦ ‫ڵ‬Ζ‫ڴڴں‬Ζ‫ڴڸڽ‬￦
ￚ³¸¥°￦¥··©¸·￦ 6. (D)￦ ‫ڵ‬Ζ‫ڵڴڻ‬Ζ‫ڴڸڷ‬￦
￦ ￦ ￦

Current liabilities: ￦ ￦
￦￦ￚ¶¥¨©￦¥²¨￦³¸¬©¶￦´¥½¥¦°©·￦ ‫ڽڽڵ‬Ζ‫ڴڴڼ‬￦ ￦
￦￦ￏ²§³±©￦¸¥¼￦´¥½¥¦°©￦ ‫ںڹ‬Ζ‫ڴڴڴ‬￦ ￦
￦￦ￖ¶³º­·­³²·￦ ‫ڼ‬Ζ‫ڴڴڸ‬￦ 264,200
￦ ￦ 7. (A)
Non-current liabilities: ￦ ￦
￦￦ￒ©¥·©￦°­¥¦­°­¸½￦Ϯ‫ڻڶ‬Ζ‫ڴڴں‬￦ ￦‫ڼڵ‬Ζ‫ڴڴڴ‬ϯ￦ ‫ڽ‬Ζ‫ڴڴں‬￦ Ο￦
￦￦ￖ¶³º­·­³²￦ ‫ڹڶ‬Ζ‫ڴڴڶ‬￦ ‫ڸڷ‬Ζ‫ڴڴڼ‬￦
ￚ³¸¥°￦°­¥¦­°­¸­©·￦ ￦ ‫ڽڽڶ‬Ζ‫ڴڴڴ‬￦
￦

Equity: ￦ ￦
￦￦ￕ¶¨­²¥¶½￦·¬¥¶©￦§¥´­¸¥°￦ ‫ڶڻں‬Ζ‫ڴڴں‬￦ ￦
￦￦￘©º¥°¹¥¸­³²￦·¹¶´°¹·￦ ‫ڹڷڵ‬Ζ‫ڴڴڴ‬￦ 8. (B)￦
￦￦￘©¸¥­²©¨￦©¥¶²­²«·￦ ‫ڸڽڹ‬Ζ‫ڴڸڻ‬￦ ‫ڵ‬Ζ‫ڶڴڸ‬Ζ‫ڴڸڷ‬￦
￦ ￦ 1,701,340￦
￦
Retained Revaluation
Earnings Surplus
￈©«­²²­²«￦¦¥°¥²§©￦ ‫ںڻڹ‬Ζ‫ڹڻڼ‬￦ ‫ڼڵڹ‬Ζ‫ڴڴڴ‬￦
ￚ³¸¥°￦ §³±´¶©¬©²·­º©￦ ­²§³±©￦ ª³¶￦ ¸¬©￦ ½©¥¶￦ ‫ڵڼڵ‬Ζ‫ڹڵڹ‬￦ Ϯ‫ڼڻڷ‬Ζ‫ڴڴڹ‬ϯ￦
Ϯ‫ڻڻ‬Ζ‫ڴڴڹ‬￦ ￦‫ںڹڸ‬Ζ‫ڴڴڴ‬ϯ￦
ￊ­º­¨©²¨￦³²￦³¶¨­²¥¶½￦·¬¥¶©·￦ Ϯ‫ڼںڵ‬Ζ‫ڴڹڵ‬ϯ￦ ￦
ￖ­©§©±©¥°￦¶©¥°­¾¥¸­³²￦³ª￦¶©º¥°¹¥¸­³²￦·¹¶´°¹·￦ ‫ڸ‬Ζ‫ڴڴڹ‬￦ Ϯ‫ڸ‬Ζ‫ڴڴڹ‬ϯ￦
ￋ²¨­²«￦¦¥°¥²§©￦ ‫ڸڽڹ‬Ζ‫ڴڸڻ‬￦ ‫ڹڷڵ‬Ζ‫ڴڴڴ‬￦

SUMMARY OF ANSWERS:
1. A 2. C 3. D 4. A 5. D 6. D 7. A 8. B
￦
￦

384
Chapter 36 Statement of Financial Position and Comprehensive Income

PROBLEM 36-16
￦

SUPPORTING COMPUTATIONS:
Cost of Sales:
ￛ²¥¨®¹·¸©¨￦¦¥°¥²§©￦ ‫ڼڽڶ‬Ζ‫ڴڴڻ‬￦
ￇ¨¨Ό￦ￇ±³¶¸­¾¥¸­³²￦³ª￦°©¥·©¨￦´¶³´©¶¸½￦σ‫ںڷ‬Ζ‫ڴڴڴ‬￦ϑ￦Ϯ‫ڶڵ‬￦ ￦‫ڸ‬ϯσ￦ ‫ڸ‬Ζ‫ڴڴڹ‬￦
ￇ¨¨Ό￦ￇ±³¶¸­¾¥¸­³²￦³ª￦°©¥·©¨￦´°¥²¸￦Ϯ‫ڹڶ‬Ζ‫ڴڴڴ‬￦ϑ￦‫ڹ‬ϯ￦ ‫ڹ‬Ζ‫ڴڴڴ‬￦
ￇ¨¨Ό￦ￊ©´¶©§­¥¸­³²￦³ª￦³¸¬©¶￦´°¥²¸￦¥²¨￦©µ¹­´±©²¸￦σϮ‫ڻڸ‬Ζ‫ڴڴڹ‬￦ ￦
‫ڷڷ‬Ζ‫ڴڴڹ‬ϯ￦¼￦‫ܫڴڶ‬σ￦ ‫ڶ‬Ζ‫ڴڴڼ‬￦
ￇ¨®¹·¸©¨￦￉³·¸￦³ª￦￙¥°©·￦ ‫ڵڵڷ‬Ζ‫ڴڴڴ‬￦
￦

Leased Property:
￉¥¶¶½­²«￦¥±³¹²¸￦ ￦ￇ´¶­°￦‫ڵ‬Ζ￦‫ڻڵڴڶ‬￦Ϯ‫ڼڸ‬Ζ‫ڴڴڴ‬￦ ￦‫ںڵ‬Ζ‫ڴڴڴ‬ϯ￦ ‫ڶڷ‬Ζ‫ڴڴڴ‬￦
ￇ¨¨Ό￦￘©º¥°¹¥¸­³²￦·¹¶´°¹·￦Ϯ‫ںڷ‬Ζ‫ڴڴڴ‬￦ ￦‫ڶڷ‬Ζ‫ڴڴڴ‬ϯ￦ ‫ڸ‬Ζ‫ڴڴڴ‬￦
￘©º¥°¹©¨￦¥±³¹²¸￦ ￦ￇ´¶­°￦‫ڵ‬Ζ￦‫ڻڵڴڶ‬￦ ‫ںڷ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦ￇ±³¶¸­¾¥¸­³²￦Ϯ‫ںڷ‬Ζ‫ڴڴڴ‬￦ϑ￦¶©±¥­²­²«￦°­ª©￦‫ڼ‬￦½©¥¶·ϯ￦ Ϯ‫ڸ‬Ζ‫ڴڴڹ‬ϯ￦
￉¥¶¶½­²«￦¥±³¹²¸￦ ￦ￓ¥¶§¬￦‫ڵڷ‬Ζ￦‫ڼڵڴڶ‬￦ ‫ڵڵڷ‬Ζ‫ڴڴڴ‬￦
￦

Leased Liability:
Amortization Table:
Principal Interest Present
Date Payment Expense Amortization value
ￇ´¶­°￦‫ڵ‬Ζ￦‫ڻڵڴڶ‬￦ ￦ ￦ ￦ ‫ڹڶ‬Ζ‫ڴڴڴ‬￦
ￇ´¶­°￦‫ڵ‬Ζ￦‫ڻڵڴڶ‬￦ ‫ڶ‬Ζ‫ڴڴڴ‬￦ Ο￦ ‫ڶ‬Ζ‫ڴڴڴ‬￦ ‫ڷڶ‬Ζ‫ڴڴڴ‬￦
ￓ¥¶§¬￦‫ڵڷ‬Ζ￦‫ڼڵڴڶ‬￦ ‫ں‬Ζ‫ڴڴڴ‬￦ ‫ڶ‬Ζ‫ڴڴڷ‬￦ ‫ڷ‬Ζ‫ڴڴڻ‬￦ ‫ڽڵ‬Ζ‫ڴڴڷ‬￦
ￓ¥¶§¬￦‫ڵڷ‬Ζ￦‫ڽڵڴڶ‬￦ ‫ں‬Ζ‫ڴڴڴ‬￦ ‫ڵ‬Ζ‫ڴڷڽ‬￦ ‫ڸ‬Ζ‫ڴڻڴ‬￦ ‫ڹڵ‬Ζ‫ڴڷڶ‬￦
￦

Leased Plant:
ￌ¥­¶￦º¥°¹©￦ ￦ￇ´¶­°￦‫ڵ‬Ζ￦‫ڻڵڴڶ‬￦ ‫ڹڶ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦ￇ±³¶¸­¾¥¸­³²￦Ϯ‫ڹڶ‬Ζ‫ڴڴڴ‬￦ϑ￦‫ڹ‬￦½©¥¶·ϯ￦ ‫ڹ‬Ζ‫ڴڴڴ‬￦
￉¥¶¶½­²«￦¥±³¹²¸￦ ￦ￓ¥¶§¬￦‫ڵڷ‬Ζ￦‫ڼڵڴڶ‬￦ ‫ڴڶ‬Ζ‫ڴڴڴ‬￦
￦

Deferred Tax:
ￊ©ª©¶¶©¨￦¸¥¼￦°­¥¦­°­¸½￦ ￦ￓ¥¶§¬￦‫ڵڷ‬Ζ￦‫ڼڵڴڶ‬￦Ϯ‫ڶڵ‬Ζ‫ڴڴڴ‬￦¼￦‫ܫڹڶ‬ϯ￦ ‫ڷ‬Ζ‫ڴڴڴ‬￦
ￊ©ª©¶¶©¨￦¸¥¼￦°­¥¦­°­¸½￦ ￦ￇ´¶­°￦‫ڵ‬Ζ￦‫ڻڵڴڶ‬￦ ‫ڷ‬Ζ‫ڴڴڶ‬￦
ￊ©§¶©¥·©￦­²￦¨©ª©¶¶©¨￦¸¥¼￦°­¥¦­°­¸½￦ ‫ڴڴڶ‬￦

Question No. 1
￘©º©²¹©￦ ‫ڴڹڷ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦￉³·¸￦³ª￦·¥°©·￦ ‫ڵڵڷ‬Ζ‫ڴڴڴ‬￦
ￍ¶³··￦´¶³ª­¸￦ ‫ڽڷ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦￦ ￊ­·¸¶­¦¹¸­³²￦§³·¸·￦ ‫ںڵ‬Ζ‫ڴڴڵ‬￦
￦ ￇ¨±­²­·¸¶¥¸­º©￦©¼´©²·©￦Ϯ‫ںڶ‬Ζ‫ڴڴڽ‬￦‫ܩ‬￦‫ڷ‬Ζ‫ڴڴڴ‬￦ª¶¥¹¨ϯ￦ ‫ڽڶ‬Ζ‫ڴڴڽ‬￦
￦ ￌ­²¥²§©￦§³·¸￦Ϯ‫ڴڴڷ‬￦‫ܩ‬￦‫ڶ‬Ζ‫ڴڴڷ‬￦­²¸©¶©·¸￦­²￦¸¬©￦°©¥·©ϯ￦ ‫ڶ‬Ζ‫ڴڴں‬￦
ￒ³··￦¦©ª³¶©￦¸¥¼￦ Ϯ‫ڽ‬Ζ‫ڴڴں‬ϯ￦
ￏ²§³±©￦¸¥¼￦¦©²©ª­¸￦σϮ‫ڽ‬Ζ‫ڴڴں‬￦¼￦‫ܫڹڶ‬ϯ￦‫ܩ‬￦‫ڴڴڶ‬￦ ￦‫ڴڴڼ‬σ￦ ‫ڵ‬Ζ‫ڴڴڼ‬￦
ￒ³··￦¥ª¸©¶￦¸¥¼￦ ￦ ￦ (D)￦ Ϯ‫ڻ‬Ζ‫ڴڴڼ‬ϯ￦

385
Chapter 36 Statement of Financial Position and Comprehensive Income

Questions No. 2 to 5
Current assets: ￦ ￦
￦￦ￏ²º©²¸³¶½￦ ‫ڹڶ‬Ζ‫ڴڴڶ‬￦ ￦
￦￦ￚ¶¥¨©￦¶©§©­º¥¦°©·￦Ϯ‫ڼڶ‬Ζ‫ڴڴڹ‬￦ ￦‫ڸ‬Ζ‫ڴڴڴ‬ϯ￦ ‫ڸڶ‬Ζ‫ڴڴڹ‬￦ ￦
￦￦￉¹¶¶©²¸￦¸¥¼￦¶©ª¹²¨￦Ϯ‫ڽ‬Ζ‫ڴڴں‬￦¼￦‫ܫڹڶ‬ϯ￦ ‫ڶ‬Ζ‫ڴڴڸ‬￦ 52,100
￦ ￦ ￦

Non-current assets: ￦ ￦
￦￦ￒ©¥·©¨￦´¶³´©¶¸½￦ ‫ڵڷ‬Ζ‫ڴڴڹ‬￦ ￦
￦￦ￒ©¥·©¨￦´°¥²¸￦Ϯ‫ڹڶ‬Ζ‫ڴڴڴ‬￦ ￦‫ڹ‬Ζ‫ڴڴڴ‬ϯ￦ ‫ڴڶ‬Ζ‫ڴڴڴ‬￦ ￦
￦￦ￕ»²©¨￦´°¥²¸￦Ϯ‫ڻڸ‬Ζ‫ڴڴڹ‬￦ ￦‫ڷڷ‬Ζ‫ڴڴڹ‬￦ ￦‫ڶ‬Ζ‫ڴڴڼ‬ϯ￦ ‫ڵڵ‬Ζ‫ڴڴڶ‬￦ 62,700
ￚ³¸¥°￦¥··©¸·￦ ￦ ‫ڸڵڵ‬Ζ‫ڴڴڼ‬￦
￦ ￦ ￦

Current liabilities: ￦ ￦
￦￦ￚ¶¥¨©￦´¥½¥¦°©·￦ ‫ڻڶ‬Ζ‫ڴڴڷ‬￦ ￦
￦￦￈¥²¯￦³º©¶¨¶¥ª¸￦ ‫ڵ‬Ζ‫ڴڴڸ‬￦ ￦
￦￦ￌ­²¥²§©￦°©¥·©￦°­¥¦­°­¸½￦ ￦§¹¶¶©²¸￦ ‫ڸ‬Ζ‫ڴڻڴ‬￦ 32,770
￦ ￦ ￦

Non-current liabilities: ￦ ￦
￦￦ￌ­²¥²§©￦°©¥·©￦°­¥¦­°­¸½￦ ￦²³²§¹¶¶©²¸￦ ‫ڹڵ‬Ζ‫ڴڷڶ‬￦ ￦
￦￦ￊ©ª©¶¶©¨￦¸¥¼￦°­¥¦­°­¸½￦ ‫ڷ‬Ζ‫ڴڴڴ‬￦ 18,230
ￚ³¸¥°￦°­¥¦­°­¸­©·￦ ￦ ‫ڵڹ‬Ζ‫ڴڴڴ‬￦
￦ ￦ ￦

Equity: ￦ ￦
￦￦￙¬¥¶©￦§¥´­¸¥°￦ ￦ ‫ڸڹ‬Ζ‫ڴڴڴ‬￦
￦￦￘©·©¶º©·Ό￦ ￦ ￦
￦ ￙¬¥¶©￦´¶©±­¹±￦ ‫ڽ‬Ζ‫ڴڴڹ‬￦ ￦
￦ ￘©º¥°¹¥¸­³²￦·¹¶´°¹·￦ ‫ڷ‬Ζ‫ڴڴڹ‬￦ ￦
￦ ￘©¸¥­²©¨￦©¥¶²­²«·￦ Ϯ‫ڷ‬Ζ‫ڴڴڶ‬ϯ￦ ‫ڽ‬Ζ‫ڴڴڼ‬￦
￦ ￦ ‫ڷں‬Ζ‫ڴڴڼ‬￦

Statement of Changes in Equity:
Share Share Revaluation Retained
Capital Premium Surplus Earnings
￈©«￦¦¥°￦ ‫ڹڸ‬Ζ‫ڴڴڴ‬￦ ‫ڹ‬Ζ‫ڴڴڴ‬￦ Ο￦ ‫ڹ‬Ζ‫ڴڴڵ‬￦
ￖ¶­³¶￦´©¶­³¨￦¥¨®¹·¸±©²¸￦
￦ª¶¥¹¨￦ ￦ ￦ ￦ Ϯ‫ڵ‬Ζ‫ڴڴڴ‬ϯ￦
￘©·¸¥¸©¨￦¦¥°¥²§©￦ ￦ ￦ ￦ ‫ڸ‬Ζ‫ڴڴڵ‬￦
￘­«¬¸·￦­··¹©￦Ϯ·©©￦¦©°³»ϯ￦ ‫ڽ‬Ζ‫ڴڴڴ‬￦ ‫ڸ‬Ζ‫ڴڴڹ‬￦ ￦ ￦
ￔ©¸￦°³··￦ ￦ ￦ ￦ Ϯ‫ڻ‬Ζ‫ڴڴڼ‬ϯ￦
￘©º¥°¹¥¸­³²￦·¹¶´°¹·￦ ￦ ￦ ‫ڸ‬Ζ‫ڴڴڴ‬￦ ￦
ￖ­©§©±©¥°￦ ¶©¥°­¾¥¸­³²￦ ³ª￦
￘ϑ￙￦ ￦ Κ￦ ￦￦ Κ￦ ￦￦￦￦￦￦￦￦Ϯ‫ڴڴڹ‬ϯ￦ ￦￦￦￦￦￦￦￦￦￦‫ڴڴڹ‬￦
ￋ²¨­²«￦¦¥°Κ￦ ￦￦￦￦￦‫ڸڹ‬Ζ‫ڴڴڴ‬￦ ￦￦￦￦￦￦￦‫ڽ‬Ζ‫ڴڴڹ‬￦ ￦￦￦￦￦￦￦￦‫ڷ‬Ζ‫ڴڴڹ‬￦ ￦￦￦Ϯ‫ڷ‬Ζ‫ڴڴڶ‬ϯ￦
￦

ￚ¬©￦¶­«¬¸·￦­··¹©￦»¥·￦‫ڼڵ‬￦±­°°­³²￦·¬¥¶©·￦Ϯ‫ڹڸ‬Ζ‫ڴڴڴ‬ϑ‫ڴڹ‬￦§©²¸·￦©¥§¬￦¼￦‫ڵ‬ϑ‫ڹ‬ϯ￦¥¸￦‫ڹڻ‬￦§©²¸·￦
‫ܥ‬￦ ‫ڹ͛ڷڵ‬￦ ±­°°­³²Κ￦ ￚ¬­·￦ ©µ¹¥¸©·￦ ¸³￦ ¸¬©￦ ¦¥°¥²§©￦ ³²￦ ¸¬©￦ ·¹·´©²·©￦ ¥§§³¹²¸Κ￦ ￚ¬­·￦
·¬³¹°¨￦ ¦©￦ ¶©§³¶¨©¨￦ ¥·￦ ‫ڽ‬￦ ±­°°­³²￦ ©µ¹­¸½￦ ·¬¥¶©·￦ Ϯ‫ڼڵ‬Ζ‫ڴڴڴ‬￦ ¼￦ ‫ڴڹ‬￦ §©²¸·ϯ￦ ¥²¨￦ ‫ڸ‬Κ‫ڹ‬￦
±­°°­³²￦·¬¥¶©￦´¶©±­¹±￦Ϯ‫ڼڵ‬Ζ‫ڴڴڴ‬￦¼￦Ϯ‫ڹڻ‬￦§©²¸·￦ ￦‫ڴڹ‬￦§©²¸·ϯϯΚ￦
￦

386
Chapter 36 Statement of Financial Position and Comprehensive Income

ￚ¬©￦ ¨­·§³º©¶½￦ ³ª￦¸¬©￦ ª¶¥¹¨￦ ¶©´¶©·©²¸·￦¥²￦ ©¶¶³¶￦ ´¥¶¸￦ ³ª￦ »¬­§¬￦­·￦¥￦ ´¶­³¶￦ ´©¶­³¨￦
¥¨®¹·¸±©²¸￦Ϯ ‫ڵ‬￦±­°°­³²ϯ￦­²￦¥§§³¶¨¥²§©￦»­¸¬￦ￖￇ￙￦‫ڼ‬￦ￇ§§³¹²¸­²«￦´³°­§­©·Ζ￦§¬¥²«©·￦
­²￦¥§§³¹²¸­²«￦©·¸­±¥¸©·￦¥²¨￦©¶¶³¶·Κ￦
￦
Question No. 6
ￒ³··￦¥ª¸©¶￦¸¥¼￦ ‫ڻ‬Ζ‫ڴڴڼ‬￦
ￊ­º­¨©¨￦¦½Ό￦￝©­«¬¸©¨￦¥º©¶¥«©￦·¬¥¶©·￦Ϯ·©©￦¦©°³»ϯ￦ ‫ڽڽ‬Ζ‫ڴڴڴ‬￦
ￒ³··￦´©¶￦·¬¥¶©￦￦ ￦ ￦ (B)￦ ￦
￦

ￇ´¶­°￦‫ڵ‬￦¸³￦ￊ©§©±¦©¶￦‫ڵڷ‬￦Ϯ‫ڴڽ‬Ζ‫ڴڴڴ‬￦¼￦1.20 / 1.125*￦¼￦‫ڽ‬ϑ‫ڶڵ‬ϯ￦ ‫ڶڻ‬Ζ‫ڴڴڴ‬￦

￐¥²¹¥¶½￦‫ڵ‬￦¸³￦ￓ¥¶§¬￦‫ڵڷ‬￦Ϯ‫ڼڴڵ‬Ζ‫ڴڴڴ‬￦¼￦‫ڷ‬ϑ‫ڶڵ‬ϯ￦ ‫ڻڶ‬Ζ‫ڴڴڴ‬￦
￝©­«¬¸©¨￦¥º©¶¥«©￦²¹±¦©¶￦³ª￦·¬¥¶©·￦ ‫ڽڽ‬Ζ‫ڴڴڴ‬￦
￦

*Adjustment factor.
￦

ￌ¥­¶￦º¥°¹©￦´©¶￦·¬¥¶©￦ ￦¶­«¬¸￦³²￦minus￦©¼©¶§­·©￦´¶­§©￦
ￜ¥°¹©￦³ª￦³²©￦¶­«¬¸￦ ‫ܥ‬￦
ￔ¹±¦©¶￦³ª￦¶­«¬¸·￦¸³￦´¹¶§¬¥·©￦³²©￦·¬¥¶©￦plus￦‫ڵ‬￦
￦

Ο￦Κ￦ ￦
ￜ¥°¹©￦³ª￦³²©￦¶­«¬¸￦ ‫ܥ‬￦
‫ڹ‬￦‫ܩ‬￦‫ڵ‬￦
￦ ‫ܥ‬
￦

ￌ¥­¶￦º¥°¹©￦´©¶￦·¬¥¶©￦ ￦¶­«¬¸￦³²￦ ￦ ‫ڵ‬Κ‫ڴڶ‬￦ ￦

ￒ©··Ό￦ￚ¬©³¶©¸­§¥°￦º¥°¹©￦³ª￦³²©￦¶­«¬¸￦ ￦ Κ‫ڹڻڴ‬￦ ￦
ￚ¬©³¶©¸­§¥°￦©¼Ο¶­«¬¸·￦ª¥­¶￦º¥°¹©￦´©¶￦·¬¥¶©￦ ￦ ￦￦
￦

SUMMARY OF ANSWERS:
1. D 2. D 3. B 4. A 5. B 6. B
￦
￦
PROBLEM 36-17 Ratios
￦
ￊ©¦¸￦ ￦ Ϯ‫ܫڴڸڵ‬ϯ￦³¶￦‫ڵ‬Κ‫ڴڸ‬￦
ￋµ¹­¸½￦ ￦ Ϯ‫ܫڴڴڵ‬ϯ￦³¶￦‫ڵ‬Κ‫ڴڴ‬￦
ￊ©¦¸￦¸³￦ￋµ¹­¸½￦ Ϯ‫ܫڴڸڶ‬ϯ￦³¶￦‫ڵ‬Κ‫ڴڸ‬￦
￦

ￚ³¸¥°￦ￒ­¥¦­°­¸­©·￦Ϯ ￦ϑ￦‫ڶ‬Κ‫ڸ‬￦¼￦‫ڵ‬Κ‫ڸ‬ϯ￦ ‫ڴڼڶ‬Ζ‫ڴڴڴ‬￦

ￚ³¸¥°￦￙ￎￋ￦Ϯ ￦ϑ￦‫ڶ‬Κ‫ڸ‬ϯ￦ ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦
ￚ³¸¥°￦ￇ··©¸·￦ ‫ڴڼڸ‬Ζ‫ڴڴڴ‬￦
￦
Question No. 1
ￚ³¸¥°￦ￇ··©¸￦ ￦￦‫ڴڼڸ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦ￖ¶³´©¶¸½Ζ￦´°¥²¸Ζ￦̲￦©µ¹­´±©²¸￦ ￦￦‫ڶڹڶ‬Ζ‫ڴڴڴ‬￦
￉¹¶¶©²¸￦ￇ··©¸￦ ‫ڼڶڶ‬Ζ‫ڴڴڴ‬￦
ￊ­º­¨©¨￦¦½Ό￦￉¹¶¶©²¸￦¶¥¸­³￦ ‫ڵ‬Κ‫ڽ‬￦
￉¹¶¶©²¸￦ￒ­¥¦­°­¸­©·￦ ‫ڴڶڵ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ή￦ￏ²§³±©￦¸¥¼￦´¥½¥¦°©￦ ￦§¹¶¶©²¸￦ ‫ڴڸ‬Ζ‫ڴڴڴ‬￦
ￇ§§³¹²¸·￦´¥½¥¦°©￦ ￦ (B)￦ ‫ڴڼ‬Ζ‫ڴڴڴ‬￦
￦
387
Chapter 36 Statement of Financial Position and Comprehensive Income

Question No. 2
ￚ³¸¥°￦￙ￎￋ￦ ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦ￕ¶¨­²¥¶½￦￙¬¥¶©·￦ ‫ڴڸڵ‬Ζ‫ڴڴڴ‬￦
￘©¸¥­²©¨￦ￋ¥¶²­²«·￦ ￦ (A)￦ ￦￦￦‫ڴں‬Ζ‫ڴڴڴ‬￦
￦
Question No. 3
ￏ²º©²¸³¶½￦¸¹¶²³º©¶￦¦¥·©¨￦³²￦·¥°©·￦￦ ‫¼ڹڵ‬￦
ￒ©··Ό￦ￏ²º©²¸³¶½￦¸¹¶²³º©¶￦¦¥·©¨￦³²￦§³·¸￦³ª￦«³³¨·￦￦ ‫¼ڴڵ‬￦
ￏ²º©²¸³¶½￦¸¹¶²³º©¶￦¦¥·©¨￦³²￦«¶³··￦±¥¶«­²￦ ‫¼ڹ‬￦
￦

ￍ¶³··￦±¥¶«­²￦ ‫ڴڴڹ‬Ζ‫ڴڴڴ‬￦
ￊ­º­¨©¨￦ ¦½Ό￦ ￏ²º©²¸³¶½￦ ¸¹¶²³º©¶￦ ¦¥·©¨￦ ³²￦ «¶³··￦
±¥¶«­²￦ ‫¼ڹ‬￦
ￏ²º©²¸³¶½￦ ￦ ￦ (B)￦ ‫ڴڴڵ‬Ζ‫ڴڴڴ‬￦
￦
Question No. 4
ￋµ¹­¸½￦ￓ¹°¸­´°­©¶￦‫ܥ‬￦ￚ³¸¥°￦ￇ··©¸·￦ ￦ￚ³¸¥°￦￙ￎￋ￦³¶￦‫ڵ‬￦ ￦ￋµ¹­¸½￦￘¥¸­³￦
￦ ￦ ￦‫ܥ‬￦ ‫ڴڼڸ‬Ζ‫ڴڴڴ‬￦ϑ￦ ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦
￦ ￦ ￦‫ܥ‬￦2.4x (A)

Question No. 5 (B)

Question No. 6 (C)

SUMMARY OF ANSWERS:
1. B 2. A 3. B 4. A 5. B 6. C

388
Chapter 37 Statement of Cash Flows

CHAPTER 37: STATEMENT OF CASH FLOWS

PROBLEM 37-1 Cash flows and non-cash activities
‫ڵ‬ϯ ￙¥°©￦³ª￦§³±±³²￦·¸³§¯￦ F
‫ڶ‬ϯ ￙¥°©￦³ª￦°¥²¨￦ I
‫ڷ‬ϯ ￖ¹¶§¬¥·©￦³ª￦¸¶©¥·¹¶½￦·¸³§¯￦ F
‫ڸ‬ϯ ￓ©¶§¬¥²¨­·©￦·¥°©·￦ O
‫ڹ‬ϯ ￏ··¹¥²§©￦³ª￦°³²«Ο¸©¶±￦²³¸©￦´¥½¥¦°©￦ F
‫ں‬ϯ ￖ¹¶§¬¥·©￦³ª￦±©¶§¬¥²¨­·©￦ O
‫ڻ‬ϯ ￘©´¥½±©²¸￦³ª￦²³¸©￦´¥½¥¦°©￦ F
‫ڼ‬ϯ ￘©§©­´¸·￦ª¶³±￦·¥°©￦³ª￦¬¥°ª￦³ª￦­²º©·¸±©²¸￦­²￦¥··³§­¥¸©￦ I
‫ڽ‬ϯ ￋ±´°³½©©￦·¥°¥¶­©·￦ O
‫ڴڵ‬ϯ ￙¥°©￦³ª￦©µ¹­´±©²¸￦¥¸￦¥￦«¥­²￦ I
‫ڵڵ‬ϯ ￏ··¹¥²§©￦³ª￦¦³²¨·￦ F
‫ڶڵ‬ϯ ￇ§µ¹­·­¸­³²￦³ª￦¦³²¨￦³ª￦¥²³¸¬©¶￦§³¶´³¶¥¸­³²￦ I
‫ڷڵ‬ϯ ￇ§µ¹­·­¸­³²￦³ª￦¥￦‫ڴں‬Ο¨¥½￦¸¶©¥·¹¶½￦¦­°°·￦ Not
reported**
‫ڸڵ‬ϯ ￖ¹¶§¬¥·©￦³ª￦¦¹­°¨­²«￦ I
‫ڹڵ‬ϯ ￇ§µ¹­·­¸­³²￦³ª￦¥￦°¥²¨￦¹²¨©¶￦¥￦ª­²¥²§©￦°©¥·©￦ NC
‫ںڵ‬ϯ ￉³°°©§¸­³²￦³ª￦²³²¸¶¥¨©￦²³¸©￦¶©§©­º¥¦°©￦Ϯ´¶­²§­´¥°￦¥±³¹²¸ϯ￦ I
‫ڻڵ‬ϯ ￒ³¥²￦¸³￦¥²³¸¬©¶￦ª­¶±￦ I
‫ڼڵ‬ϯ ￊ©§°¥¶¥¸­³²￦³ª￦§¥·¬￦¨­º­¨©²¨￦ NC
‫ڽڵ‬ϯ ￘©¸­¶©±©²¸￦³ª￦§³±±³²￦·¸³§¯￦ F
‫ڴڶ‬ϯ ￏ²§³±©￦¸¥¼©·￦´¥­¨￦ O
‫ڵڶ‬ϯ ￏ··¹¥²§©￦³ª￦·¬³¶¸Ο¸©¶±￦²³¸©￦´¥½¥¦°©￦¸³￦¥￦·¹´´°­©¶￦ NC
‫ڶڶ‬ϯ ￙¥°©￦³ª￦¥￦§³´½¶­«¬¸￦ I
‫ڷڶ‬ϯ ￖ¹¶§¬¥·©￦³ª￦¥￦¸¶©¥·¹¶½￦·¬¥¶©￦³ª￦¥²³¸¬©¶￦§³¶´³¶¥¸­³²￦ I
‫ڸڶ‬ϯ ￖ¥½±©²¸￦³ª￦§¥·¬￦¨­º­¨©²¨·￦ F
‫ڹڶ‬ϯ ￘©§©­´¸￦³ª￦¨­º­¨©²¨·￦ O
‫ںڶ‬ϯ ￖ¥½±©²¸￦ ª³¶￦ ¸¬©￦ ¥§µ¹­·­¸­³²￦ ³ª￦ ¥¨¨­¸­³²¥°￦ ‫ܫڴڵ‬￦ ­²¸©¶©·¸￦ ­²￦ ¥￦ Separate
·¹¦·­¨­¥¶½￦ FS - I
Conso FS
F**
‫ڻڶ‬ϯ ￖ¥½±©²¸￦³ª￦·©±­¥²²¹¥°￦­²¸©¶©·¸￦³²￦¦³²¨·￦´¥½¥¦°©￦ F
‫ڼڶ‬ϯ ￘©§©­´¸￦³ª￦­²¸©¶©·¸￦ O
‫ڽڶ‬ϯ NC
¶©­²º©·¸±©²¸￦´°¥²￦
‫ڴڷ‬ϯ ￊ©§°¥¶¥¸­³²￦³ª￦·¬¥¶©￦¨­º­¨©²¨￦ NC
‫ڵڷ‬ϯ ￏ²¸©¶©·¸￦´¥­¨￦§¥´­¸¥°­¾©¨￦¹²¨©¶￦ￖￇ￙￦‫ڷڶ‬￦ I
Єￇ§µ¹­·­¸­³²￦ ³ª￦ ‫ڴں‬Ο¨¥½￦ ¸¶©¥·¹¶½￦ ¦­°°·￦ ­·￦ ¸¶¥²·¥§¸­³²￦ ¶©§°¥··­ª½­²«￦ §¥·¬￦ ¸³￦ §¥·¬￦
©µ¹­º¥°©²¸Κ￦
￦
²³¸￦¶©·¹°¸￦­²￦¸¬©￦´¥¶©²¸￦°³·­²«￦§³²¸¶³°￦³ª￦¸¬©￦·¹¦·­¨­¥¶½￦¥¶©￦©µ¹­¸½￦¸¶¥²·¥§¸­³²·￦
Ϯ­©￦¸¶¥²·¥§¸­³²·￦»­¸¬￦³»²©¶·￦­²￦¸¬©­¶￦§¥´¥§­¸½￦¥·￦³»²©¶·ϯΚ￦ￖￇ￙￦‫ڻ‬￦´¥¶￦‫ڶڸ‬ￇ￦￉¥·¬￦

389
Chapter 37 Statement of Cash Flows

ª°³»·￦ ¥¶­·­²«￦ ª¶³±￦ §¬¥²«©·￦ ­²￦ ³»²©¶·¬­´￦ ­²¸©¶©·¸·￦ ­²￦ ¥￦ ·¹¦·­¨­¥¶½￦ ¸¬¥¸￦ ¨³￦ ²³¸￦
¶©·¹°¸￦ ­²￦ ¥￦ °³··￦ ³ª￦ §³²¸¶³°￦ ·¬¥°°￦ ¦©￦ §°¥··­ª­©¨￦ ¥·￦ §¥·¬￦ ª°³»·￦ ª¶³±￦ ª­²¥²§­²«￦
¥§¸­º­¸­©·Κ￦


PROBLEM 37-2 Indirect Method - Operating Activities

ￔ©¸￦­²§³±©￦ ‫ڼںں‬Ζ‫ڴڴڴ‬￦
ￊ©§¶©¥·©￦­²￦¥§§³¹²¸·￦¶©§©­º¥¦°©￦￦ ‫ںڽ‬Ζ‫ڴڴڴ‬￦
ￏ²§¶©¥·©￦­²￦¥§§³¹²¸·￦´¥½¥¦°©￦￦ ‫ڸڸ‬Ζ‫ڴڴڴ‬￦
ￊ©´¶©§­¥¸­³²￦©¼´©²·©￦￦ ‫ڴڶ‬Ζ‫ڴڴڴ‬￦
ￔ©¸￦§¥·¬￦´¶³º­¨©¨￦¦½￦³´©¶¥¸­²«￦¥§¸­º­¸­©·￦ ￦ (A)￦ ‫ڼڶڼ‬Ζ‫ڴڴڴ‬￦
￦
￦
PROBLEM 37-3 Indirect Method - Operating Activities
￦

ￔ©¸￦­²§³±©￦ ‫ڶڽڶ‬Ζ‫ڴڴڴ‬￦
ￏ²§¶©¥·©￦­²￦¥§§³¹²¸·￦¶©§©­º¥¦°©￦ Ϯ‫ڴڸ‬Ζ‫ڴڴڴ‬ϯ￦
ￊ©§¶©¥·©￦­²￦´¶©´¥­¨￦©¼´©²·©·￦ ‫ڶڵ‬Ζ‫ڴڴڴ‬￦
ￏ²§¶©¥·©￦­²￦¥§§¹±¹°¥¸©¨￦¨©´¶©§­¥¸­³²Ο¨©´¶©§­¥¸­³²￦©¼´©²·©￦ ‫ڸں‬Ζ‫ڴڴڴ‬￦
ￊ©§¶©¥·©￦­²￦¥§§³¹²¸·￦´¥½¥¦°©￦ Ϯ‫ںڵ‬Ζ‫ڴڴڴ‬ϯ￦
ￔ©¸￦§¥·¬￦´¶³º­¨©¨￦¦½￦³´©¶¥¸­²«￦¥§¸­º­¸­©·￦ ￦ (A)￦ ‫ڶڵڷ‬Ζ‫ڴڴڴ‬￦
￦
￦
PROBLEM 37-4 Investing Activities
￦

￉¥·¬￦ ¥§µ¹­·­¸­³²￦ ³ª￦ ª¥­¶￦ º¥°¹©￦ ¸¬¶³¹«¬￦ ³¸¬©¶￦ §³±´¶©¬©²·­º©￦

·©§¹¶­¸­©·￦ Ϯ‫ڴڴڵ‬Ζ‫ڴڴڴ‬ϯ￦
￦ ‫ڵ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
ￖ¹¶§¬¥·©￦³ª￦©µ¹­´±©²¸￦￦ Ϯ‫ڴںڹ‬Ζ‫ڴڴڴ‬ϯ￦
ￔ©¸￦§¥·¬￦´¶³º­¨©¨￦¦½￦­²º©·¸­²«￦¥§¸­º­¸­©·￦ ￦ (B)￦ ‫ڴڸڷ‬Ζ‫ڴڴڴ‬￦
￦
PROBLEM 37-5 Financing Activities￦
￦

￦ ‫ڴڼں‬Ζ‫ڴڴڴ‬￦￦
￦ ￦Ϯ‫ڼڶ‬Ζ‫ڴڴڴ‬ϯ￦
￦ ￦Ϯ‫ڴںڵ‬Ζ‫ڴڴڴ‬ϯ￦
ￔ©¸￦§¥·¬￦´¶³º­¨©¨￦¦½￦ª­²¥²§­²«￦¥§¸­º­¸­©·￦ ￦ (A)￦ ‫ڶڽڸ‬Ζ‫ڴڴڴ‬￦￦
￦
PROBLEM 37-6
￦

Question No. 1
￉¥·¬￦¶©§©­´¸·￦ª¶³±￦¶©§©­º¥¦°©￦Ϯ‫ںڵڶ‬￦‫ܩ‬￦‫ڴڴڼ‬￦ ￦‫ڸڶڷ‬ϯ￦ ‫ڶڽں‬￦
￉¥·¬￦´¥½±©²¸￦ª³¶￦´¹¶§¬¥·©·￦σϮ‫ڵڶڷ‬￦‫ܩ‬￦‫ڴڴڷ‬￦ ￦‫ڹڶڸ‬ϯ￦‫ܩ‬￦‫ڻڵڵ‬￦ ￦‫ڴڵڶ‬σ￦ Ϯ‫ڷڴڵ‬ϯ￦
￉¥·¬￦¨­·¦¹¶·©±©²¸￦ ￦­²·¹¶¥²§©￦Ϯ‫ںں‬￦‫ܩ‬￦‫ڴڸ‬￦ ￦‫ڼڼ‬ϯ￦ Ϯ‫ڼڵ‬ϯ￦
￉¥·¬￦¨­·¦¹¶·©±©²¸￦ ￦·¥°¥¶­©·￦Ϯ‫ڷڽ‬￦‫ܩ‬￦‫ڴڶڵ‬￦ ￦‫ڶڴڵ‬ϯ￦ Ϯ‫ڵڵڵ‬ϯ￦
￉¥·¬￦¨­·¦¹¶·©±©²¸￦ ￦­²¸©¶©·¸￦Ϯ‫ڴڹ‬￦ ￦‫ڴڵ‬ϯ￦ Ϯ‫ڴڸ‬ϯ￦
￉¥·¬￦¨­·¦¹¶·©±©²¸￦ ¸¥¼￦Ϯ‫ڼڻ‬￦‫ܩ‬￦‫ڶڹ‬￦ ￦‫ڴں‬ϯ￦ Ϯ‫ڴڻ‬ϯ￦

390
Chapter 37 Statement of Cash Flows

ￔ©¸￦§¥·¬￦´¶³º­¨©¨￦¦½￦³´©¶¥¸­²«￦¥§¸­º­¸­©·￦ ￦ (D)￦ ‫ڴڹڷ‬￦

Question No. 2
ￔ©¸￦ￏ²§³±©￦ ‫ڼڼ‬￦
ￊ©´¶©§­¥¸­³²￦ ‫ڷڶڵ‬￦
ￍ¥­²￦³²￦·¥°©￦³ª￦¦¹­°¨­²«￦ Ϯ‫ڵڵ‬ϯ￦
ￒ³··￦³²￦·¥°©￦³ª￦±¥§¬­²©¶½￦ ‫ڶڵ‬￦
ￏ²§¶©¥·©￦­²￦ￇϑ￘￦ Ϯ‫ڼڴڵ‬ϯ￦
ￊ©§¶©¥·©￦­²￦ￏ²º©²¸³¶½￦ ‫ڸڴڵ‬￦
ￊ©§¶©¥·©￦­²￦´¶©´¥­¨￦­²·¹¶¥²§©￦ ‫ڶڶ‬￦
ￏ²§¶©¥·©￦­²￦ￇ§§³¹²¸·￦ￖ¥½¥¦°©￦ ‫ڷڽ‬￦
ￏ²§¶©¥·©￦­²￦·¥°¥¶­©·￦´¥½¥¦°©￦ ‫ڽ‬￦
ￏ²§¶©¥·©￦­²￦ￊￚￒ￦￦ ‫ڼ‬￦
￈³²¨￦¨­·§³¹²¸￦¥±³¶¸­¾¥¸­³²￦￦ ‫ڴڵ‬￦
ￔ©¸￦§¥·¬￦´¶³º­¨©¨￦¦½￦³´©¶¥¸­²«￦¥§¸­º­¸­©·￦ ￦ (D)￦ ‫ڴڹڷ‬￦
￦

Note that cash flows for operating activities using direct or indirect method
is the same.
￦
COMPREHENSIVE PROBLEMS
PROBLEM 37-7￦
￦

Question No. 1 (B)

Accounts receivable
￈©«Κ￦¦¥°¥²§©￦ ￦ￇ￘￦ ‫ڹڶڵ‬Ζ‫ڴڴڴڴ‬￦ ‫ڹڷڵ‬Ζ‫ڴڴڴ‬￦ ￈¥°¥²§©￦©²¨￦Ο￦ￇ￘￦
￙¥°©·￦³²￦¥§§³¹²¸￦ ‫ڵ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦ Ο￦ ￙¥°©·￦ ¶©¸¹¶²·￦ ¥²¨￦
¥°°³»¥²§©Є￦
￘©§³º©¶­©·￦ Ο￦ Ο￦ ￙¥°©·￦¨­·§³¹²¸·￦
￦ ￦ 990,000 ￉³°°©§¸­³²·￦Ϯ·µ¹©©¾©ϯ￦
￦ ￦ Ο￦ ￝¶­¸©Ο³ªª￦
ￚ³¸¥°￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦‫ڵ‬Ζ‫ڹڶڵ‬Ζ‫ڴڴڴ‬￦￦￦￦￦￦￦￦￦‫ڵ‬Ζ‫ڹڶڵ‬Ζ‫ڴڴڴ‬￦
￦
Question No. 2 (C)
Accounts Payable Trade
ￖ¥½±©²¸·￦Ϯ·µ¹©©¾©¨ϯ￦ 525,000 ‫ڴڽڵ‬Ζ‫ڴڴڴ‬￦ ￈©«Κ￦¦¥°¥²§©￦ ￦ￇￖ￦
ￖ¹¶§¬¥·©￦ ¶©¸¹¶²·￦ ¥²¨￦ ‫ڴ‬￦ ‫ڹڼڸ‬Ζ‫ڴڴڴ‬￦ ￖ¹¶§¬¥·©·￦￦
¥°°³»Κ￦
ￖ¹¶§¬¥·©￦¨­·§³¹²¸·￦ ‫ڴ‬￦ ￦ ￦
￈¥°¥²§©￦©²¨￦ ￦ￇￖ￦ ‫ڴڹڵ‬Ζ‫ڴڴڴ‬￦ ￦ ￦
ￚ³¸¥°￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦‫ڹڻں‬Ζ‫ڴڴڴ‬￦
￦

Merchandise Inventory
￈©«Κ￦￈¥°¥²§©￦ ‫ڹڻڵ‬Ζ‫ڴڴڴ‬￦ ‫ڴںڵ‬Ζ‫ڴڴڴ‬￦ ￈¥°¥²§©￦©²¨￦
ￔ©¸￦ￖ¹¶§¬¥·©·￦Ϯ·µ¹©©¾©ϯ￦ ‫ڹڼڸ‬Ζ‫ڴڴڴ‬￦ ‫ڴڴڹ‬Ζ‫ڴڴڴ‬￦ ￉³·¸￦³ª￦￙¥°©·￦

391
Chapter 37 Statement of Cash Flows

ￚ³¸¥°￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦‫ڴںں‬Ζ‫ڴڴڴ‬￦
￦
Question No. 3 (D)
Deferred income taxes
ￖ¥½±©²¸·￦Ϯ·µ¹©©¾©¨ϯ￦ 190,000 ‫ڹڻڵ‬Ζ‫ڴڴڴ‬￦ ￈©«Κ￦¦¥°¥²§©￦￦
￦ ￦ ‫ڴڴڵ‬Ζ‫ڴڴڴ‬￦ ￏ²§³±©￦¸¥¼￦©¼´©²·©￦
￈¥°¥²§©￦©²¨￦￦ ‫ڹڼ‬Ζ‫ڴڴڴ‬￦ ￦ ￦
ￚ³¸¥°￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦‫ڹڻڶ‬Ζ‫ڴڴڴ‬￦
￦
Question No. 4 (D)
￉³°°©§¸­³²￦³ª￦¥§§³¹²¸·￦¶©§©­º¥¦°©￦ ‫ڴڽڽ‬Ζ‫ڴڴڴ‬￦
ￖ¥½±©²¸￦³ª￦¥§§³¹²¸·￦´¥½¥¦°©￦ Ϯ‫ڹڶڹ‬Ζ‫ڴڴڴ‬ϯ￦
ￖ¥½±©²¸￦³ª￦­²§³±©￦¸¥¼©·Є￦ Ϯ‫ڴڽڵ‬Ζ‫ڴڴڴ‬ϯ￦
ￖ¥½±©²¸￦³ª￦³´©¶¥¸­²«￦©¼´©²·©·￦￦ Ϯ‫ڴڼڵ‬Ζ‫ڴڴڴ‬ϯ￦
ￔ©¸￦§¥·¬￦´¶³º­¨©¨￦¦½￦Ϯ³¶￦¹·©¨￦­²ϯ￦ￕ´©¶¥¸­²«￦¥§¸­º­¸­©·￦ 95,000
￦

Є￉³±´¹¸¥¸­³²￦³ª￦ￖ¥½±©²¸￦³ª￦­²§³±©￦¸¥¼©·￦
￦

Prepaid insurance
￈©«Κ￦￈¥°¥²§©￦ ‫ڹڶ‬Ζ‫ڴڴڴ‬￦ ‫ڴڸ‬Ζ‫ڴڴڴ‬￦ ￈¥°¥²§©￦©²¨￦
ￖ¥½±©²¸￦Ϯ·µ¹©©¾©¨ϯ￦ ‫ڴڼڵ‬Ζ‫ڴڴڴ‬￦ ‫ڹںڵ‬Ζ‫ڴڴڴ‬￦ ￕ´©¶¥¸­²«￦ ©¼´©²·©·￦
©¼§°¹¨­²«￦ ¨©´¶©§­¥¸­³²￦
Ϯ‫ڴںڶ‬Ζ‫ڴڴڴ‬Ο‫ڹڽ‬Ζ‫ڴڴڴ‬ϯ￦
ￚ³¸¥°￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦￦‫ڹڴڶ‬Ζ‫ڴڴڴ‬￦
￦

ￊ©´¶©§­¥¸­³²￦©¼´©²·©‫ڹڸڶܥ‬Ζ‫ڴڴڴ‬Ο‫ڴڹڵ‬Ζ‫ڴڴڴ‬￦
￦ ￦￦￦￦￦￦￦￦ ￦￦￦￦￦￦￦￦‫ڹڽܥ‬Ζ‫ڴڴڴ‬￦
￦
Question No. 5
￘©§©­´¸￦³ª￦§¥·¬￦ª¶³±￦²³¸©￦´¥½¥¦°©Ο¦¥²¯￦Ϯ‫ڴڴڶ‬Ζ‫ڴڴڴ‬Ο‫ڴںڵ‬Ζ‫ڴڴڴ‬ϯ￦ ‫ڴڸ‬Ζ‫ڴڴڴ‬￦
ￏ··¹¥²§©￦ª³¶￦§¥·¬￦³ª￦³¶¨­²¥¶½￦·¬¥¶©·Ϯ‫ڹڶڶ‬Ζ‫ڴڴڴ‬Ο‫ڴڴڶ‬Ζ‫ڴڴڴ‬ϯ￦ ‫ڹڶ‬Ζ‫ڴڴڴ‬￦
ￊ­º­¨©²¨·￦´¥­¨￦ Ϯ‫ڹڻ‬Ζ‫ڴڴڴ‬ϯ￦
ￔ©¸￦§¥·¬￦´¶³º­¨©¨￦¹·©¨￦­²￦ￌ­²¥²§­²«￦¥§¸­º­¸­©·￦ (A)￦ (10,000)
￦
Question No. 6
Єￖ¶³§©©¨·￦ª¶³±￦￙¥°©￦³ª￦­²º©·¸±©²¸￦￦ ‫ڴڶ‬Ζ‫ڴڴڴ‬￦
￉¥·¬￦¥§µ¹­·­¸­³²￦³ª￦ￖￖￋ￦Ϯ‫ڴڸڹ‬Ζ‫ڴڴڴ‬Ο‫ڴںڸ‬Ζ‫ڴڴڴ‬ϯ￦ Ϯ‫ڴڼ‬Ζ‫ڴڴڴ‬ϯ￦
ￔ©¸￦§¥·¬￦´¶³º­¨©¨￦¹·©¨￦­²￦­²º©·¸­²«￦¥§¸­º­¸­©·￦ (B)￦ (60,000)
￦

￉³·¸￦³ª￦­²º©·¸±©²¸￦·³°¨￦Ϯ‫ڴڽڵ‬Ζ‫ڴڴڴ‬Ο‫ڴڼڵ‬Ζ‫ڴڴڴ‬ϯ￦ ‫ڴڵ‬Ζ‫ڴڴڴ‬￦
ￇ¨¨Ό￦ￍ¥­²￦³²￦·¥°©￦ ‫ڴڵ‬Ζ‫ڴڴڴ‬￦
ￖ¶³§©©¨·￦ª¶³±￦·¥°©￦³ª￦­²º©·¸±©²¸￦ ‫ڴڶ‬Ζ‫ڴڴڴ‬￦
￦

SUMMARY OF ANSWERS:
1. B 2. C 3. D 4. D 5. A 6. B
392
Chapter 37 Statement of Cash Flows

￦
￦

393
Chapter 37 Statement of Cash Flows

PROBLEM 37-8
￦
Question No. 1 (A)
Accounts receivable
￈©«Κ￦￈¥°¥²§©￦ ‫ڴڴں‬Ζ‫ڴڴڴ‬￦ ‫ڵ‬Ζ‫ڴڹڶ‬Ζ‫ڴڴڴ‬￦ ￈¥°Κ￦©²¨￦
￙¥°©·￦³²￦¥§§³¹²¸￦ ‫ڹ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦ 4,330,000 Collections
‫ڴڶ‬Ζ‫ڴڴڴ‬￦ ￝¶­¸©Ο³ªª￦
￦￦ ‫ڹ‬Ζ‫ڴڴں‬Ζ‫ڴڴڴ‬￦ ‫ڹ‬Ζ‫ڴڴں‬Ζ‫ڴڴڴ‬￦ ￦￦
￦
Question No. 2 (B)￦
Accounts payable
￈¥°Κ￦©²¨￦ ‫ڸ‬Ζ‫ڴڴڼ‬Ζ‫ڴڴڴ‬￦ ‫ڸ‬Ζ‫ڴڴڹ‬Ζ‫ڴڴڴ‬￦ ￈©«Κ￦￈¥°¥²§©￦
Payment 1,900,000 ‫ڶ‬Ζ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦ ￔ©¸￦´¹¶§¬¥·©·￦
￦￦ ‫ں‬Ζ‫ڴڴڻ‬Ζ‫ڴڴڴ‬￦ ‫ں‬Ζ‫ڴڴڻ‬Ζ‫ڴڴڴ‬￦ ￦￦
￦
Merchandise inventory
￈©«Κ￦￈¥°¥²§©￦ ‫ڶ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦ ‫ڶ‬Ζ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦ ￈¥°Κ￦©²¨￦
ￔ©¸￦´¹¶§¬¥·©·￦ ‫ڶ‬Ζ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦ ‫ڶ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦ ￉³·¸￦³ª￦«³³¨·￦·³°¨￦
￦￦ ‫ڸ‬Ζ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦ ‫ڸ‬Ζ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦ ￦￦
￦
Question No. 3 (A)
ￔ©¸￦­²§³±©￦ ‫ڴڴڻ‬Ζ‫ڴڴڴ‬￦
ￇ±³¶¸­¾¥¸­³²￦³ª￦´¶©±­¹±￦³ª￦ￏ²º©·¸±©²¸￦­²￦￈³²¨·￦ ‫ڴں‬Ζ‫ڽڴڵ‬￦
ￊ©´¶©§­¥¸­³²￦ ‫ڴڴڽ‬Ζ‫ڴڴڴ‬￦
ￍ¥­²￦³²￦·¥°©￦³ª￦©µ¹­´±©²¸￦ Ϯ‫ڴڶڶ‬Ζ‫ڴڴڴ‬ϯ￦
ￇ±³¶¸­¾¥¸­³²￦³ª￦ª¶¥²§¬­·©￦ ‫ڴڴڵ‬Ζ‫ڴڴڴ‬￦
ￊ©§¶©¥·©￦Ϯ³¶￦­²§¶©¥·©ϯ￦­²￦ￚ¶¥¨­²«￦·©§¹¶­¸­©·￦ Ϯ‫ڴڹڸ‬Ζ‫ڴڴڴ‬ϯ￦
ￊ©§¶©¥·©￦Ϯ³¶￦­²§¶©¥·©ϯ￦­²￦ￔ©¸￦ￇ￘￦ Ϯ‫ڴڷڹ‬Ζ‫ڴڴڴ‬ϯ￦
ￊ©§¶©¥·©￦Ϯ³¶￦­²§¶©¥·©ϯ￦­²￦ￏ²º©²¸³¶­©·￦ Ϯ‫ڴڴڶ‬Ζ‫ڴڴڴ‬ϯ￦
ￏ²§¶©¥·©￦Ϯ³¶￦¨©§¶©¥·©ϯ￦­²￦ￇￖ￦ ‫ڴڴڷ‬Ζ‫ڴڴڴ‬￦
ￏ²§¶©¥·©￦Ϯ³¶￦¨©§¶©¥·©ϯ￦­²￦ￊￚￒ￦ ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦
ￔ©¸￦§¥·¬￦´¶³º­¨©¨￦¦½￦Ϯ³¶￦¹·©¨￦­²ϯ￦ￕ´©¶¥¸­²«￦¥§¸­º­¸­©·￦ 860,109
￦
Computation of accumulated depreciation:
￈©«Κ￦￈¥°¥²§©￦ ‫ڷ‬Ζ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦
ￇ¨¨Ό￦ￊ©´¶©§­¥¸­³²￦©¼´©²·©￦ ‫ڴڴڽ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦ￇ§§¹±¹°¥¸©¨￦¨©´¶©§­¥¸­³²￦³ª￦¥··©¸￦·³°¨￦ ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦
￈¥°¥²§©￦©²¨￦ ‫ڷ‬Ζ‫ڴڴڽ‬Ζ‫ڴڴڴ‬￦
￦

ￍ¥­²￦³¶￦Ϯ°³··ϯ￦³²￦·¥°©￦ ￦ ￦
ￔ©¸￦￙©°°­²«￦ￖ¶­§©￦ ￦ ‫ڴڴڹ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦￉¥¶¶½­²«￦¥±³¹²¸￦ ￦ ￦
￦￦￦￉³·¸￦ ‫ڴڼڸ‬Ζ‫ڴڴڴ‬￦ ￦
￦￦ￒ©··Ό￦ￇ§§¹±¹°¥¸©¨￦ￊ©´¶©§­¥¸­³²￦ ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦ ‫ڴڼڶ‬Ζ‫ڴڴڴ‬￦
ￍ¥­²￦³²￦·¥°©￦ ￦ ‫ڴڶڶ‬Ζ‫ڴڴڴ‬￦
￦
394
Chapter 37 Statement of Cash Flows

Amortization table:
Interest Interest Premium Present
Date Collection Income Amortization value
‫ڵڴ‬ϑ‫ڵڴ‬ϑ‫ڻڵڴڶ‬￦ ￦ ￦ ￦ ‫ڸ‬Ζ‫ڷڹڶ‬Ζ‫ڶڹڹ‬￦
‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ڻڵڴڶ‬￦ ‫ڴڼڸ‬Ζ‫ڴڴڴ‬￦ ‫ڹڶڸ‬Ζ‫ڹڹڷ‬￦ ‫ڸڹ‬Ζ‫ڹڸں‬￦ ‫ڸ‬Ζ‫ڼڽڵ‬Ζ‫ڻڴڽ‬￦
‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ڼڵڴڶ‬￦ ‫ڴڼڸ‬Ζ‫ڴڴڴ‬￦ ‫ڽڵڸ‬Ζ‫ڵڽڼ‬￦ ‫ڴں‬Ζ‫ڽڴڵ‬￦ ‫ڸ‬Ζ‫ڼڷڵ‬Ζ‫ڼڽڻ‬￦
￦
Question No. 4 (B)
ￇ§µ¹­·­¸­³²￦³ª￦ￖￖￋ￦ Ϯ‫ڵ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬ϯ￦
￙¥°©￦³ª￦ￖￖￋ￦ ‫ڴڴڹ‬Ζ‫ڴڴڴ‬￦
ￔ©¸￦§¥·¬￦´¶³º­¨©¨￦¦½￦Ϯ³¶￦¹·©¨￦­²ϯ￦­²º©·¸­²«￦¥§¸­º­¸­©·￦ Ϯ‫ڴڴڹ‬Ζ‫ڴڴڴ‬ϯ￦
￦
Question No. 5 (D)
ￊ­º­¨©²¨·￦´¥­¨￦ Ϯ‫ڴڴڷ‬Ζ‫ڴڴڴ‬ϯ￦
￉¥·¬￦¶©§©­´¸·Ο­··¹¥²§©￦³ª￦ￕ￙￦Ϯ‫ڴڵ‬Ζ‫ڴڴڴ‬￦¼￦‫ڴڶڵ‬ϯ￦ ‫ڵ‬Ζ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦
￉¥·¬￦´¥­¨￦ª³¶￦ￚ¶©¥·¹¶½￦·¬¥¶©·￦ Ϯ‫ڴڴڹ‬Ζ‫ڴڴڴ‬ϯ￦
ￔ©¸￦§¥·¬￦´¶³º­¨©¨￦¦½￦Ϯ³¶￦¹·©¨￦­²ϯ￦ￌ­²¥²§­²«￦¥§¸­º­¸­©·￦ ‫ڴڴڸ‬Ζ‫ڴڴڴ‬￦
￦
SUMMARY OF ANSWERS:
1. A 2. B 3. A 4. B 5. D
￦
￦
PROBLEM 37-9
￦

Question No. 1 (D)

Accounts payable
￈¥°Κ￦©²¨￦ ‫ڷ‬Ζ‫ڴڴڸ‬Ζ‫ڴڴڴ‬￦ ‫ڷ‬Ζ‫ڴڴڹ‬Ζ‫ڴڴڴ‬￦ ￈©«Κ￦￈¥°¥²§©￦
Payment 1,900,000 ‫ڵ‬Ζ‫ڴڴڼ‬Ζ‫ڴڴڴ‬￦ ￔ©¸￦´¹¶§¬¥·©·￦
‫ڹ‬Ζ‫ڴڴڷ‬Ζ‫ڴڴڴ‬￦ ‫ڹ‬Ζ‫ڴڴڷ‬Ζ‫ڴڴڴ‬￦

Merchandise inventory
￈©«Κ￦￈¥°¥²§©￦ ‫ڶ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦ ‫ڵ‬Ζ‫ڴڴڼ‬Ζ‫ڴڴڴ‬￦ ￈¥°Κ￦©²¨￦
ￔ©¸￦´¹¶§¬¥·©·￦ ‫ڵ‬Ζ‫ڴڴڼ‬Ζ‫ڴڴڴ‬￦ ‫ڶ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦ ￉³·¸￦³ª￦«³³¨·￦·³°¨￦
￦￦ ‫ڷ‬Ζ‫ڴڴڼ‬Ζ‫ڴڴڴ‬￦ ‫ڷ‬Ζ‫ڴڴڼ‬Ζ‫ڴڴڴ‬￦ ￦￦
￦
Question No. 2 (B)
Income tax payable/Deferred tax liability
￈¥°Κ￦©²¨Οￏￚￖ￦ ‫ڴڹڵ‬Ζ‫ڴڴڴ‬￦ ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦ ￈©«Κ￦￈¥°¥²§©Οￏￚￖ￦
￈¥°Κ￦©²¨Οￊￚￒ￦ ‫ڴڴڻ‬Ζ‫ڴڴڴ‬￦ ‫ڴڴڹ‬Ζ‫ڴڴڴ‬￦ ￈©«Κ￦￈¥°¥²§©Οￊￚￒ￦
ￖ¥½±©²¸￦ 150,000 ‫ڴڴڷ‬Ζ‫ڴڴڴ‬￦ ￏ²§³±©￦¸¥¼￦©¼´©²·©￦
￦￦ ‫ڵ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦ ‫ڵ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦ ￦￦
￦
Question No. 3 (A)
ￔ©¸￦­²§³±©￦ ‫ڴڴڻ‬Ζ‫ڴڴڴ‬￦
￙¬¥¶©￦­²￦¸¬©￦²©¸￦­²§³±©￦³ª￦¥··³§­¥¸©￦ Ϯ‫ڵ‬Ζ‫ڸڶڴ‬Ζ‫ڴڴڴ‬ϯ￦
￉¥·¬￦¨­º­¨©²¨·￦ª¶³±￦¥··³§­¥¸©￦ ‫ڴڼڶ‬Ζ‫ڴڴڴ‬￦
395
Chapter 37 Statement of Cash Flows

ￊ©´¶©§­¥¸­³²￦ ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦
ￒ³··￦³²￦·¥°©￦³ª￦©µ¹­´±©²¸￦ ‫ڴڴڵ‬Ζ‫ڴڴڴ‬￦
ￇ±³¶¸­¾¥¸­³²￦³ª￦ª¶¥²§¬­·©￦ ‫ڴڴڵ‬Ζ‫ڴڴڴ‬￦
ￊ©§¶©¥·©￦Ϯ³¶￦­²§¶©¥·©ϯ￦­²￦ￚ¶¥¨­²«￦·©§¹¶­¸­©·￦ ￦
ￊ©§¶©¥·©￦Ϯ³¶￦­²§¶©¥·©ϯ￦­²￦ￔ©¸￦ￇ￘￦ Ϯ‫ڴڽ‬Ζ‫ڴڴڴ‬ϯ￦
ￊ©§¶©¥·©￦Ϯ³¶￦­²§¶©¥·©ϯ￦­²￦ￏ²º©²¸³¶­©·￦ ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦
ￏ²§¶©¥·©￦Ϯ³¶￦¨©§¶©¥·©ϯ￦­²￦ￇￖ￦ Ϯ‫ڴڴڵ‬Ζ‫ڴڴڴ‬ϯ￦
ￏ²§¶©¥·©￦Ϯ³¶￦¨©§¶©¥·©ϯ￦­²￦ￏￚￖ￦ Ϯ‫ڴڹ‬Ζ‫ڴڴڴ‬ϯ￦
ￏ²§¶©¥·©￦Ϯ³¶￦¨©§¶©¥·©ϯ￦­²￦ￊￚￒ￦ ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦
ￔ©¸￦§¥·¬￦´¶³º­¨©¨￦¦½￦Ϯ³¶￦¹·©¨￦­²ϯ￦ￕ´©¶¥¸­²«￦¥§¸­º­¸­©·￦ ‫ںڵڹ‬Ζ‫ڴڴڴ‬￦
￦
Year of Acquisition ￦ ￦
ￖ©¶§©²¸¥«©￦³ª￦³»²©¶·¬­´￦ ‫ܫڴڶ‬￦ ￦
￉³·¸￦³ª￦ￏ²º©·¸±©²¸￦ ‫ڸ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦ ￦
ￒ©··Ό￦￈³³¯￦º¥°¹©￦³ª￦²©¸￦¥··©¸￦¥§µ¹­¶©¨￦ ‫ڶ‬Ζ‫ڴڴڸ‬Ζ‫ڴڴڴ‬￦ ￦
ￋ¼§©··￦³ª￦§³·¸￦³º©¶￦¦³³¯￦º¥°¹©￦ ‫ڵ‬Ζ‫ڴڴں‬Ζ‫ڴڴڴ‬￦ ￦
ￕº©¶￦³¶￦Ϯ¹²¨©¶ϯº¥°¹©¨￦¥··©¸￦ ￦ ￦
￦￦ￏ²º©²¸³¶½￦ Ϯ‫ڴڸ‬Ζ‫ڴڴڴ‬ϯ￦ ￦
￦￦ￓ¥§¬­²©¶½￦ ‫ڴڸڶ‬Ζ‫ڴڴڴ‬￦ ￦
￦￦ￒ¥²¨￦ Ο￦ ￦
ￍ³³¨»­°°￦ ‫ڵ‬Ζ‫ڴڴڼ‬Ζ‫ڴڴڴ‬￦ ￦
ￇ±³¶¸­¾¥¸­³²￦³ª￦ￕº©¶￦Ϯￛ²¨©¶ϯ￦º¥°¹©¨￦¥··©¸￦ 2017 2018
ￏ²º©²¸³¶½￦ ‫ڴڸ‬Ζ‫ڴڴڴ‬￦ ￦
￦ ￦ ￦

ￓ¥§¬­²©¶½￦ Ϯ‫ڴڸڶ‬Ζ‫ڴڴڴ‬ϯ￦ ￦
ￊ­º­¨©￦¦½Ό￦￘©±¥­²­²«￦°­ª©￦ ‫ڴڵ‬￦ ￦
ￇ±³¶¸­¾¥¸­³²￦³ª￦ￛ²¨©¶￦Ϯ³º©¶ϯ￦º¥°¹©¨￦¥··©¸￦ Ϯ‫ڸڶ‬Ζ‫ڴڴڴ‬ϯ￦ Ϯ‫ڸڶ‬Ζ‫ڴڴڴ‬ϯ￦
ￔ³￦³ª￦±³²¸¬·￦¨­º­¨©￦¦½￦‫ڶڵ‬￦Ϯ‫¸·ڵ‬￦½©¥¶ϯ￦ ‫ڵ‬￦ ‫ڵ‬￦
ￇ±³¶¸­¾¥¸­³²￦³ª￦ￛ²¨©¶￦Ϯ³º©¶ϯ￦º¥°¹©¨￦¥··©¸￦ Ϯ‫ڸڶ‬Ζ‫ڴڴڴ‬ϯ￦ Ϯ‫ڸڶ‬Ζ‫ڴڴڴ‬ϯ￦
￦ ￦ ￦

￦ 2017 2018
ￔ©¸￦­²§³±©￦³ª￦¸¬©￦¥··³§­¥¸©￦ ‫ڸ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦ ‫ڹ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
ￊ­º­¨©²¨·￦¨©§°¥¶©¨￦¥²¨￦´¥­¨￦ ‫ڵ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦ ‫ڵ‬Ζ‫ڴڴڸ‬Ζ‫ڴڴڴ‬￦
2017 2018
ￔ©¸￦­²§³±©￦³ª￦¸¬©￦¥··³§­¥¸©￦ ‫ڸ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦ ‫ڹ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
ￓ¹°¸­´°½￦¦½Ό￦ￖ©¶§©²¸¥«©￦³ª￦³»²©¶·¬­´￦ ‫ܫڴڶ‬￦ ‫ܫڴڶ‬￦
￙¬¥¶©￦­²￦¸¬©￦²©¸￦­²§³±©￦ ‫ڴڴڼ‬Ζ‫ڴڴڴ‬￦ ‫ڵ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
ￊ­º­¨©²¨·￦¨©§°¥¶©¨￦¥²¨￦´¥­¨￦ ‫ڵ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦ ‫ڵ‬Ζ‫ڴڴڸ‬Ζ‫ڴڴڴ‬￦
ￓ¹°¸­´°½￦¦½Ό￦￦ￖ©¶§©²¸¥«©￦³ª￦³»²©¶·¬­´￦ ‫ܫڴڶ‬￦ ‫ܫڴڶ‬￦
ￊ­º­¨©²¨·￦¶©§©­º©¨￦ ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦ ‫ڴڼڶ‬Ζ‫ڴڴڴ‬￦
￦

2018 Investment Income

￙¬¥¶©￦­²￦¸¬©￦ￔ©¸￦ￏ²§³±©￦ ‫ڵ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
ￇ¨¨Ό￦ￇ±³¶¸­¾¥¸­³²￦³ª￦³º©¶º¥°¹©¨￦±¥§¬­²©¶½￦ ‫ڸڶ‬Ζ‫ڴڴڴ‬￦
ￔ©¸￦­²º©·¸±©²¸￦­²§³±©￦Ο￦‫ڼڵڴڶ‬￦ ‫ڵ‬Ζ‫ڸڶڴ‬Ζ‫ڴڴڴ‬￦
￦

Investment in Associate

396
Chapter 37 Statement of Cash Flows

￈©«Κ￦￈¥°¥²§©￦ ‫ڸ‬Ζ‫ڸڼڹ‬Ζ‫ڴڴڴ‬￦
ￇ¨¨Ό￦ￔ©¸￦­²º©·¸±©²¸￦­²§³±©￦ ‫ڵ‬Ζ‫ڸڶڴ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦ￊ­º­¨©²¨·￦¶©§©­º©¨￦ ‫ڴڼڶ‬Ζ‫ڴڴڴ‬￦
￈¥°¥²§©￦©²¨￦ ‫ڹ‬Ζ‫ڼڶڷ‬Ζ‫ڴڴڴ‬￦
￦
Question No. 4 (B)
￉¥·¬￦¶©§©­´¸￦ª¶³±￦°³¥²￦¶©§©­º¥¦°©￦ ‫ڴڶڵ‬Ζ‫ڴڴڴ‬￦
ￇ§µ¹­·­¸­³²￦³ª￦ￖￖￋ￦ Ϯ‫ڶ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬ϯ￦
￙¥°©￦³ª￦ￖￖￋ￦ ‫ڴڴڹ‬Ζ‫ڴڴڴ‬￦
ￔ©¸￦§¥·¬￦´¶³º­¨©¨￦¦½￦Ϯ³¶￦¹·©¨￦­²ϯ￦­²º©·¸­²«￦¥§¸­º­¸­©·￦ Ϯ‫ڵ‬Ζ‫ڴڼڷ‬Ζ‫ڴڴڴ‬ϯ￦
￦
Question No. 5 (D)
ￊ­º­¨©²¨·￦´¥­¨￦ Ϯ‫ڴڹڷ‬Ζ‫ڴڴڴ‬ϯ￦
￉¥·¬￦¶©§©­´¸·Ο­··¹¥²§©￦³ª￦ￕ¶¨­²¥¶½￦·¬¥¶©·￦ ‫ڵ‬Ζ‫ڴڶڵ‬Ζ‫ڴڴڴ‬￦
￉¥·¬￦¶©§©­´¸·Ο¶©­··¹¥²§©￦³ª￦ￚ¶©¥·¹¶½￦·¬¥¶©· ‫ڹڴڵ‬Ζ‫ڴڴڴ‬￦
ￔ©¸￦§¥·¬￦´¶³º­¨©¨￦¦½￦Ϯ³¶￦¹·©¨￦­²ϯ￦ￌ­²¥²§­²«￦¥§¸­º­¸­©·￦ ‫ڹڻڼ‬Ζ‫ڴڴڴ‬￦
￦

SUMMARY OF ANSWERS:
1. D 2. B 3. A 4. B 5. D
￦

PROBLEM 37-10
￦

Question No. 1 (D)

Accounts payable
￈¥°Κ￦©²¨￦ ‫ڸ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦ ‫ڷ‬Ζ‫ڴڴڹ‬Ζ‫ڴڴڴ‬￦ ￈©«Κ￦￈¥°¥²§©￦
Payment 1,700,000 ‫ڶ‬Ζ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦ ￔ©¸￦´¹¶§¬¥·©·￦
‫ڹ‬Ζ‫ڴڴڻ‬Ζ‫ڴڴڴ‬￦ ‫ڹ‬Ζ‫ڴڴڻ‬Ζ‫ڴڴڴ‬￦

Merchandise inventory
￈©«Κ￦￈¥°¥²§©￦ ‫ڵ‬Ζ‫ڴڴڹ‬Ζ‫ڴڴڴ‬￦ ‫ڵ‬Ζ‫ڴڴڻ‬Ζ‫ڴڴڴ‬￦ ￈¥°Κ￦©²¨￦
ￔ©¸￦´¹¶§¬¥·©·￦ ‫ڶ‬Ζ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦ ‫ڶ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦ ￉³·¸￦³ª￦«³³¨·￦·³°¨￦
￦￦ ‫ڷ‬Ζ‫ڴڴڻ‬Ζ‫ڴڴڴ‬￦ ‫ڷ‬Ζ‫ڴڴڻ‬Ζ‫ڴڴڴ‬￦ ￦￦
￦
Question No. 2 (B)
Income tax payable/Deferred tax liability
￈¥°Κ￦©²¨Οￏￚￖ￦ ‫ڴڹڵ‬Ζ‫ڴڴڴ‬￦ ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦ ￈©«Κ￦￈¥°¥²§©Οￏￚￖ￦
￈¥°Κ￦©²¨Οￊￚￒ￦ ‫ڴڴڻ‬Ζ‫ڴڴڴ‬￦ ‫ڴڴڹ‬Ζ‫ڴڴڴ‬￦ ￈©«Κ￦￈¥°¥²§©Οￊￚￒ￦
ￖ¥½±©²¸￦ 270,000 ‫ڴڶڸ‬Ζ‫ڴڴڴ‬￦ ￏ²§³±©￦¸¥¼￦©¼´©²·©￦
￦￦ ‫ڵ‬Ζ‫ڴڶڵ‬Ζ‫ڴڴڴ‬￦ ‫ڵ‬Ζ‫ڴڶڵ‬Ζ‫ڴڴڴ‬￦ ￦￦
￦
Question No. 3 (A)
ￔ©¸￦­²§³±©￦ ‫ڴڼڽ‬Ζ‫ڴڴڴ‬￦
￙¬¥¶©￦­²￦¸¬©￦²©¸￦­²§³±©￦³ª￦¥··³§­¥¸©￦ Ϯ‫ڴڷں‬Ζ‫ڴڴڴ‬ϯ￦
￉¥·¬￦¨­º­¨©²¨·￦ª¶³±￦¥··³§­¥¸©￦ ‫ڹڶڶ‬Ζ‫ڴڴڴ‬￦
ￊ©´¶©§­¥¸­³²￦ ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦

397
Chapter 37 Statement of Cash Flows

ￒ³··￦³²￦·¥°©￦³ª￦©µ¹­´±©²¸￦ ‫ڴڹڵ‬Ζ‫ڴڴڴ‬￦
ￇ±³¶¸­¾¥¸­³²￦³ª￦ª¶¥²§¬­·©￦ ‫ڴڴڵ‬Ζ‫ڴڴڴ‬￦
ￇ±³¶¸­¾¥¸­³²￦³ª￦¨­·§￦³²￦­²º©·¸±©²¸￦­²￦¦³²¨·￦ Ϯ‫ڶڵ‬Ζ‫ڼڴڻ‬ϯ￦
ￊ©§¶©¥·©￦Ϯ³¶￦­²§¶©¥·©ϯ￦­²￦ￔ©¸￦ￇ§§³¹²¸·￦￘©§©­º¥¦°©￦ Ϯ‫ڴڽ‬Ζ‫ڴڴڴ‬ϯ￦
ￊ©§¶©¥·©￦Ϯ³¶￦­²§¶©¥·©ϯ￦­²￦ￏ²º©²¸³¶­©·￦ Ϯ‫ڴڴڶ‬Ζ‫ڴڴڴ‬ϯ￦
ￏ²§¶©¥·©￦Ϯ³¶￦¨©§¶©¥·©ϯ￦­²￦ￇ§§³¹²¸·￦ￖ¥½¥¦°©￦ ‫ڴڴڹ‬Ζ‫ڴڴڴ‬￦
ￏ²§¶©¥·©￦Ϯ³¶￦¨©§¶©¥·©ϯ￦­²￦ￏ²§³±©￦ￚ¥¼￦ￖ¥½¥¦°©￦ Ϯ‫ڴڹ‬Ζ‫ڴڴڴ‬ϯ￦
ￏ²§¶©¥·©￦Ϯ³¶￦¨©§¶©¥·©ϯ￦­²￦ￊ©ª©¶¶©¨￦ￚ¥¼￦ￒ­¥¦­°­¸½￦ ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦
ￔ©¸￦§¥·¬￦´¶³º­¨©¨￦¦½￦Ϯ³¶￦¹·©¨￦­²ϯ￦ￕ´©¶¥¸­²«￦¥§¸­º­¸­©·￦ ‫ڵ‬Ζ‫ڶڻڷ‬Ζ‫ڶڽڶ‬￦
￦

Amortization table:
Interest Interest Premium Present
Date Collection Income Amortization value
‫ڵڴ‬ϑ‫ڵڴ‬ϑ‫ڼڵڴڶ‬￦ ￦ ￦ ￦ ‫ڽڷڽ‬Ζ‫ڴڷڶ‬￦
‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ڼڵڴڶ‬￦ ‫ڴڴڵ‬Ζ‫ڴڴڴ‬￦ ‫ڶڵڵ‬Ζ‫ڼڴڻ‬￦ ‫ڶڵ‬Ζ‫ڼڴڻ‬￦ ‫ڵڹڽ‬Ζ‫ڼڷڽ‬￦
‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ڽڵڴڶ‬￦ ‫ڴڴڵ‬Ζ‫ڴڴڴ‬￦ ‫ڸڵڵ‬Ζ‫ڷڷڶ‬￦ ‫ڸڵ‬Ζ‫ڷڷڶ‬￦ ‫ںںڽ‬Ζ‫ڴڻڵ‬￦
￦

Year of Acquisition
ￖ©¶§©²¸¥«©￦³ª￦³»²©¶·¬­´￦ ‫ܫڹڶ‬￦ ￦
￉³·¸￦³ª￦ￏ²º©·¸±©²¸￦ ‫ڷ‬Ζ‫ڴڴڹ‬Ζ‫ڴڴڴ‬￦ ￦
ￒ©··Ό￦￈³³¯￦º¥°¹©￦³ª￦²©¸￦¥··©¸￦¥§µ¹­¶©¨￦ ‫ڶ‬Ζ‫ڴڴڹ‬Ζ‫ڴڴڴ‬￦ ￦
ￋ¼§©··￦³ª￦§³·¸￦³º©¶￦¦³³¯￦º¥°¹©￦ ‫ڵ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦ ￦
ￕº©¶￦³¶￦Ϯ¹²¨©¶ϯº¥°¹©¨￦¥··©¸￦ ￦ ￦
￦￦ￏ²º©²¸³¶½￦ Ϯ‫ڴڹ‬Ζ‫ڴڴڴ‬ϯ￦ ￦
￦￦ￓ¥§¬­²©¶½￦ ‫ڴڴڷ‬Ζ‫ڴڴڴ‬￦ ￦
￦￦ￒ¥²¨￦ Ο￦ ￦
ￍ³³¨»­°°￦ ‫ڵ‬Ζ‫ڴڹڶ‬Ζ‫ڴڴڴ‬￦ ￦
ￇ±³¶¸­¾¥¸­³²￦³ª￦ￕº©¶￦Ϯￛ²¨©¶ϯ￦º¥°¹©¨￦¥··©¸￦ 2017 2018
ￏ²º©²¸³¶½￦ ‫ڴڹ‬Ζ‫ڴڴڴ‬￦ ￦
￦ ￦ ￦

ￓ¥§¬­²©¶½￦ Ϯ‫ڴڴڷ‬Ζ‫ڴڴڴ‬ϯ￦ ￦
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ￇ±³¶¸­¾¥¸­³²￦³ª￦ￛ²¨©¶￦Ϯ³º©¶ϯ￦º¥°¹©¨￦¥··©¸￦ Ϯ‫ڴڷ‬Ζ‫ڴڴڴ‬ϯ￦ Ϯ‫ڴڷ‬Ζ‫ڴڴڴ‬ϯ￦
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2017 2018
ￔ©¸￦­²§³±©￦³ª￦¸¬©￦¥··³§­¥¸©￦ ‫ڶ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦ ‫ڶ‬Ζ‫ڴڴڸ‬Ζ‫ڴڴڴ‬￦
ￊ­º­¨©²¨·￦¨©§°¥¶©¨￦¥²¨￦´¥­¨￦ ‫ڴڴڼ‬Ζ‫ڴڴڴ‬￦ ‫ڴڴڽ‬Ζ‫ڴڴڴ‬￦
2017 2018
ￔ©¸￦­²§³±©￦³ª￦¸¬©￦¥··³§­¥¸©￦ ‫ڶ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦ ‫ڶ‬Ζ‫ڴڴڸ‬Ζ‫ڴڴڴ‬￦
ￓ¹°¸­´°½￦¦½Ό￦ￖ©¶§©²¸¥«©￦³ª￦³»²©¶·¬­´￦ ‫ܫڹڶ‬￦ ‫ܫڹڶ‬￦
￙¬¥¶©￦­²￦¸¬©￦²©¸￦­²§³±©￦ ‫ڴڴڹ‬Ζ‫ڴڴڴ‬￦ ‫ڴڴں‬Ζ‫ڴڴڴ‬￦
ￊ­º­¨©²¨·￦¨©§°¥¶©¨￦¥²¨￦´¥­¨￦ ‫ڴڴڼ‬Ζ‫ڴڴڴ‬￦ ‫ڴڴڽ‬Ζ‫ڴڴڴ‬￦
ￓ¹°¸­´°½￦¦½Ό￦ￖ©¶§©²¸¥«©￦³ª￦³»²©¶·¬­´￦ ‫ܫڹڶ‬￦ ‫ܫڹڶ‬￦
ￊ­º­¨©²¨·￦¶©§©­º©¨￦ ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦ ‫ڹڶڶ‬Ζ‫ڴڴڴ‬￦
￦

2017 Investment Income

398
Chapter 37 Statement of Cash Flows

￙¬¥¶©￦­²￦¸¬©￦ￔ©¸￦ￏ²§³±©￦ ‫ڴڴڹ‬Ζ‫ڴڴڴ‬￦
ￇ¨¨Ό￦ￇ±³¶¸­¾¥¸­³²￦³ª￦³º©¶º¥°¹©¨￦±¥§¬­²©¶½￦ ‫ڴڷ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦ￛ²¨©¶º¥°¹¥¸­³²￦³ª￦­²º©²¸³¶½￦ ‫ڴڹ‬Ζ‫ڴڴڴ‬￦
ￔ©¸￦­²º©·¸±©²¸￦­²§³±©￦Ο￦‫ڻڵڴڶ‬￦ ‫ڴڼڸ‬Ζ‫ڴڴڴ‬￦
￦

Investment in Associate
￉³·¸￦³ª￦­²º©·¸±©²¸￦ ‫ڷ‬Ζ‫ڴڴڹ‬Ζ‫ڴڴڴ‬￦
ￇ¨¨Ό￦ￔ©¸￦­²º©·¸±©²¸￦­²§³±©￦ ‫ڴڼڸ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦ￊ­º­¨©²¨·￦¶©§©­º©¨￦ ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦
￈¥°¥²§©￦©²¨Ζ￦‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ڻڵڴڶ‬￦ ‫ڷ‬Ζ‫ڴڼڻ‬Ζ‫ڴڴڴ‬￦
￦

2018 Investment Income

￙¬¥¶©￦­²￦¸¬©￦ￔ©¸￦ￏ²§³±©￦ ‫ڴڴں‬Ζ‫ڴڴڴ‬￦
ￇ¨¨Ό￦ￇ±³¶¸­¾¥¸­³²￦³ª￦³º©¶º¥°¹©¨￦±¥§¬­²©¶½￦ ‫ڴڷ‬Ζ‫ڴڴڴ‬￦
ￔ©¸￦­²º©·¸±©²¸￦­²§³±©￦Ο￦‫ڼڵڴڶ‬￦ ‫ڴڷں‬Ζ‫ڴڴڴ‬￦
￦

Investment in Associate
￈©«­²²­²«￦¦¥°¥²§©Ζ￦‫ڵڴ‬ϑ‫ڵڴ‬ϑ‫ڼڵڴڶ‬￦ ‫ڷ‬Ζ‫ڴڼڻ‬Ζ‫ڴڴڴ‬￦
ￇ¨¨Ό￦ￔ©¸￦­²º©·¸±©²¸￦­²§³±©￦ ‫ڴڷں‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦ￊ­º­¨©²¨·￦¶©§©­º©¨￦ ‫ڹڶڶ‬Ζ‫ڴڴڴ‬￦
￈¥°¥²§©￦©²¨Ζ￦‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ڼڵڴڶ‬￦ ‫ڸ‬Ζ‫ڹڼڵ‬Ζ‫ڴڴڴ‬￦
￦
Property, Plant and Equipment
￈©«Κ￦￈¥°¥²§©￦ ‫ڽ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦ ‫ڴڴڽ‬Ζ‫ڴڴڴ‬￦ ￉³·¸￦³ª￦©µ¹­´±©²¸￦·³°¨￦
ￇ§µ¹­·­¸­³²￦§³·¸￦ ‫ڴڴں‬Ζ‫ڴڴڴ‬￦ ‫ڽ‬Ζ‫ڽںڴ‬Ζ‫ڴڼڵ‬￦ ¦¥°Κ￦©²¨￦
ￖ¶©·©²¸￦º¥°¹©￦³ª￦ￓￒￖ￦ ‫ڽںڷ‬Ζ‫ڴڼڵ‬￦ ￦ ￦
￦￦ ‫ڽ‬Ζ‫ڽںڽ‬Ζ‫ڴڼڵ‬￦ ‫ڽ‬Ζ‫ڽںڽ‬Ζ‫ڴڼڵ‬￦ ￦￦
￦
Accumulated depreciation
￈¥°Κ￦©²¨￦ ‫ڷ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦ ‫ڷ‬Ζ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦ ￈©«Κ￦￈¥°¥²§©￦
ￇ§§¹±¹°¥¸©¨￦ ¨©´¶©§­¥¸­³²￦
³ª￦¥··©¸￦·³°¨￦ ‫ڴڴڸ‬Ζ‫ڴڴڴ‬￦ ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦ ￊ©´¶©§­¥¸­³²￦©¼´©²·©￦
￦￦ ‫ڷ‬Ζ‫ڴڴڸ‬Ζ‫ڴڴڴ‬￦ ‫ڷ‬Ζ‫ڴڴڸ‬Ζ‫ڴڴڴ‬￦ ￦￦
￦

ￔ©¸￦￙©°°­²«￦ￖ¶­§©￦ ￦ ‫ڴڹڷ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦￉¥¶¶½­²«￦¥±³¹²¸￦ ￦ ￦
￦￦￦￉³·¸￦ ‫ڴڴڽ‬Ζ‫ڴڴڴ‬￦ ￦
￦￦￦ￒ©··Ό￦ￇ§§¹±¹°¥¸©¨￦ￊ©´¶©§­¥¸­³²￦ ‫ڴڴڸ‬Ζ‫ڴڴڴ‬￦ ‫ڴڴڹ‬Ζ‫ڴڴڴ‬￦
ￒ³··￦³²￦·¥°©￦ ￦ Ϯ‫ڴڹڵ‬Ζ‫ڴڴڴ‬ϯ￦
￦

399
Chapter 37 Statement of Cash Flows

Question No. 4 (B)

￉¥·¬￦¥§µ¹­·­¸­³²￦³ª￦ￏ²º©·¸±©²¸￦­²￦￈³²¨·￦ Ϯ‫ڽڷڽ‬Ζ‫ڴڷڶ‬ϯ￦
ￇ§µ¹­·­¸­³²￦³ª￦ￖￖￋ￦ Ϯ‫ڴڴں‬Ζ‫ڴڴڴ‬ϯ￦
￙¥°©￦³ª￦ￖￖￋ￦ ‫ڴڹڷ‬Ζ‫ڴڴڴ‬￦
ￔ©¸￦§¥·¬￦´¶³º­¨©¨￦¦½￦Ϯ³¶￦¹·©¨￦­²ϯ￦­²º©·¸­²«￦¥§¸­º­¸­©·￦ Ϯ‫ڵ‬Ζ‫ڽڼڵ‬Ζ‫ڴڷڶ‬ϯ￦
￦

ￖ¶©·©²¸￦ￜ¥°¹©￦³ª￦ￖ©¶­³¨­§￦ￖ¥½±©²¸￦Ϯ‫ڴڴڵ‬Ζ‫ڴڴڴ‬￦¼￦‫ڷ‬Κ‫ڽںڼڸ‬ϯ￦ ‫ڼڸڷ‬Ζ‫ڴڽں‬￦
ￇ¨¨Ό￦ￖ¶©·©²¸￦ￜ¥°¹©￦³ª￦￈¥¶«¥­²￦ￖ¹¶§¬¥·©￦³´¸­³²Ϯ‫ڴڷ‬Ζ‫ڴڴڴ‬￦¼￦‫ڴ‬Κ‫ڷڼں‬ϯ￦ ‫ڴڶ‬Ζ‫ڴڽڸ‬￦
ￖ¶©·©²¸￦ￜ¥°¹©￦³ª￦ￓ­²­±¹±￦°©¥·©￦´¥½±©²¸·￦ ‫ڽںڷ‬Ζ‫ڴڼڵ‬￦
￦
Amortization table:
Interest Interest Present
Date Payment Expense Amortization value
‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ڼڵڴڶ‬￦ ￦ ￦ ￦ ‫ڽںڷ‬Ζ‫ڴڼڵ‬￦
‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ڼڵڴڶ‬￦ ‫ڴڴڵ‬Ζ‫ڴڴڴ‬￦ Ο￦ ‫ڴڴڵ‬Ζ‫ڴڴڴ‬￦ ‫ڽںڶ‬Ζ‫ڴڼڵ‬￦
‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ڽڵڴڶ‬￦ ‫ڴڴڵ‬Ζ‫ڴڴڴ‬￦ ‫ںڶ‬Ζ‫ڼڵڽ‬￦ ‫ڷڻ‬Ζ‫ڶڼڴ‬￦ ‫ںڽڵ‬Ζ‫ڼڽڴ‬￦
￦
Question No. 5 (D)
ￖ¥½±©²¸￦³ª￦´¶­²§­´¥°￦ª­²¥²§©￦°©¥·©￦°­¥¦­°­¸½￦ Ϯ‫ڴڴڵ‬Ζ‫ڴڴڴ‬ϯ￦
ￊ­º­¨©²¨·￦´¥­¨￦ Ϯ‫ڴڹڷ‬Ζ‫ڴڴڴ‬ϯ￦
￉¥·¬￦¶©§©­´¸·Ο­··¹¥²§©￦³ª￦ￕ¶¨­²¥¶½￦￙¬¥¶©·￦ ‫ڴڶڻ‬Ζ‫ڴڴڴ‬￦
ￔ©¸￦§¥·¬￦´¶³º­¨©¨￦¦½￦Ϯ³¶￦¹·©¨￦­²ϯ￦ￌ­²¥²§­²«￦¥§¸­º­¸­©·￦ ‫ڴڻڶ‬Ζ‫ڴڴڴ‬￦
￦

Share Capital
￈©«­²²­²«￦¦¥°¥²§©￦ ‫ڴڵ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
ￏ··¹¥²§©￦ª³¶￦§¥·¬￦ ‫ڴڴں‬Ζ‫ڴڴڴ‬￦
ￏ··¹¥²§©￦¸¬¶¹￦￙ￊￖ￦ ‫ڵ‬Ζ‫ڴڵڽ‬Ζ‫ڴڴڴ‬￦
￈¥°¥²§©￦©²¨￦ ‫ڶڵ‬Ζ‫ڴڵڹ‬Ζ‫ڴڴڴ‬￦
￦

Share Premium
￈©«­²²­²«￦¦¥°¥²§©￦ ‫ڵ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
ￏ··¹¥²§©￦ª³¶￦§¥·¬￦ ‫ڴڶڵ‬Ζ‫ڴڴڴ‬￦
￈¥°¥²§©￦©²¨￦ ‫ڵ‬Ζ‫ڴڶڵ‬Ζ‫ڴڴڴ‬￦
￦

Retained Earnings
￈©«­²²­²«￦¦¥°¥²§©￦ ‫ڷ‬Ζ‫ڴڸڻ‬Ζ‫ڴڴڴ‬￦
ￇ¨¨Ό￦ￔ©¸￦­²§³±©￦ ‫ڴڼڽ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦ￊ­º­¨©²¨·￦¨©§°¥¶©¨Ο§¥·¬￦ ‫ڴڹڷ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦￙¬¥¶©￦¨­º­¨©²¨￦ ‫ڵ‬Ζ‫ڴڵڽ‬Ζ‫ڴڴڴ‬￦
￈¥°¥²§©￦©²¨￦ ‫ڶ‬Ζ‫ڴںڸ‬Ζ‫ڴڴڴ‬￦
￦

SUMMARY OF ANSWERS:
1. D 2. B 3. A 4. B 5. D
￦
￦

400
Chapter 37 Statement of Cash Flows

PROBLEM 37-11
￦

Question No. 1
￉³°°©§¸­³²￦ª¶³±￦§¹·¸³±©¶·￦Ϯ‫ڶڴڶ‬ￓ￦‫ܩ‬￦‫ڴڵڸ‬ￓ￦ ￦‫ڴڴڶ‬ￓ￦ ￦‫ں‬ￓϯ￦ ‫ںڴڸ‬ￓ￦
ￖ¶³§©©¨·￦ª¶³±￦­²º©·¸±©²¸￦­²§³±©￦Ϯ‫ڸ‬ￓ￦‫ܩ‬￦‫ڹ‬ￓ￦ ￦‫ں‬ￓϯ￦ ‫ڷ‬ￓ￦
ￖ¶³§©©¨·￦ª¶³±￦·¥°©￦³ª￦§¥·¬￦©µ¹­º¥°©²¸￦ ‫ڶ‬ￓ￦
ￖ¥½±©²¸￦³ª￦´¹¶§¬¥·©·￦σϮ‫ڹڴڶ‬ￓ￦‫ܩ‬￦‫ڴڼڵ‬ￓ￦Ο‫ڴڴڶ‬ￓϯ￦‫ܩ‬￦‫ڹں‬ￓ￦ ￦‫ڴڹ‬ￓσ￦ Ϯ‫ڴڴڶ‬ￓϯ￦
ￖ¥½±©²¸￦³ª￦­²·¹¶¥²§©￦Ϯ‫ڸ‬ￓ￦‫ܩ‬￦‫ڻ‬ￓ￦Ο￦‫ڼ‬ￓϯ￦ Ϯ‫ڷ‬ￓϯ￦
ￖ¥½±©²¸￦³ª￦·¥°¥¶­©·￦Ϯ‫ڵڵ‬ￓ￦‫ܩ‬￦‫ڹں‬ￓ￦ ￦‫ں‬ￓϯ￦ Ϯ‫ڴڻ‬ￓϯ￦
ￖ¥½±©²¸￦³ª￦­²¸©¶©·¸￦Ϯ‫ڸ‬ￓ￦‫ܩ‬￦‫ڹڶ‬ￓ￦ ￦‫ڼ‬ￓϯ￦ Ϯ‫ڵڶ‬ￓϯ￦
ￖ¥½±©²¸￦³ª￦¸¥¼￦Ϯ‫ڸڵ‬ￓ￦‫ܩ‬￦‫ڼ‬ￓ￦‫ܩ‬￦‫ںڷ‬ￓ￦ ￦‫ڶڵ‬ￓ￦ ￦‫ڵڵ‬ￓϯ￦ Ϯ‫ڹڷ‬ￓϯ￦
Net cash provided from operating activities (C) ‫ڶڼ‬ￓ￦
￦
Question No. 2
ￖ¹¶§¬¥·©￦³ª￦°¥²¨￦Ϯ‫ںڽڵ‬ￓ￦ ￦‫ڴڹڵ‬ￓϯ￦ Ϯ‫ںڸ‬ￓϯ￦
ￖ¶³§©©¨·￦ª¶³±￦·¥°©￦³ª￦±¥®³¶￦§³±´³²©²¸·￦³ª￦±¥§¬­²©￦ ‫ڻڵ‬ￓ￦
ￖ¹¶§¬¥·©￦³ª￦°³²«Ο¸©¶±￦­²º©·¸±©²¸￦ Ϯ‫ڹڶ‬ￓϯ￦
ￖ¶³§©©¨·￦ª¶³±￦·¥°©￦³ª￦°³²«Ο¸©¶±￦­²º©·¸±©²¸￦ ‫ڷڶ‬ￓ￦
Net cash used from investing activities (C) Ϯ‫ڵڷ‬ￓϯ￦
￦
Long-term Investment
￈©«Κ￦￈¥°¥²§©￦ ‫ڹڶڵ‬ￓ￦ ‫ںڹڵ‬ￓ￦ ￈¥°Κ￦©²¨￦
ￏ²º©·¸±©²¸￦ ­²§³±©￦
Ϯ¥··³§­¥¸©ϯ￦ ‫ں‬ￓ￦ ‫ڷڶ‬ￓ￦ ￊ­·´³·¥°￦
ￇ§µ¹­·­¸­³²￦Ϯￚ³¶½ϯ￦ ‫ڼڸ‬ￓ￦
ￚ³¸¥°￦ ‫ڽڻڵ‬ￓ￦ ‫ڽڻڵ‬ￓ￦ ￦￦
￦
Question No. 3
￘©¸­¶©±©²¸￦³ª￦¦³²¨·￦ Ϯ‫ڴں‬ￓϯ￦
ￖ¶³§©©¨·￦ª¶³±￦­··¹¥²§©￦³ª￦´¶©ª©¶¶©¨￦·¸³§¯￦ ‫ڹڻ‬ￓ￦
ￇ§µ¹­·­¸­³²￦³ª￦¸¶©¥·¹¶½￦·¬¥¶©·￦ Ϯ‫ڽ‬ￓϯ￦
ￊ­º­¨©²¨·￦´¥­¨￦ Ϯ‫ڶڶ‬ￓϯ￦
Net cash used from financing activities (A) Ϯ‫ںڵ‬ￓϯ￦
￦
Retained Earnings
￈¥°¥²§©￦©²¨￦ ‫ڶڸڶ‬ￓ￦ ‫ڻڶڶ‬ￓ￦ ￈©«Κ￦￈¥°¥²§©￦
ￊ­º­¨©²¨·￦ ‫ڶڹ‬ￓ￦ ‫ڻں‬ￓ￦ ￔ©¸￦­²§³±©￦
ￚ³¸¥°￦ ‫ڸڽڶ‬ￓ￦ ‫ڸڽڶ‬ￓ￦ ￦￦
￦
ￚ³¸¥°￦¨­º­¨©²¨·￦ ‫ڶڹ‬ￓ￦
ￒ©··Ό￦￙¸³§¯￦¨­º­¨©²¨·￦ ￦·±¥°°￦Ϯ‫ڸ‬ￓ￦·¬¥¶©·￦¼￦ ‫ڻ‬Κ‫ڴڹ‬￦ª¥­¶￦º¥°¹©ϯ￦ ‫ڴڷ‬ￓ￦
￉¥·¬￦¨­º­¨©²¨·￦´¥­¨￦ ‫ڶڶ‬ￓ￦
￦
SUMMARY OF ANSWERS:
1. C 2. C 3. A
￦
401
Chapter 37 Statement of Cash Flows

PROBLEM 37-12
￦

Question No. 1
ￕº©¶¨¶¥ª¸￦ ￦©²¨￦ ‫ڴڵڵ‬￦
ￇ¨¨Ό￦￈¥²¯Ζ￦¦©«­²²­²«￦ ‫ڴڶڵ‬￦
Net cash outflow (A) Ϯ‫ڴڷڶ‬ϯ￦
￦
Question No. 2
ￖ¶³ª­¸￦ª³¶￦¸¬©￦½©¥¶￦ ‫ڹڷڵ‬￦
ￊ©´¶©§­¥¸­³²￦ ‫ڹڵڵ‬￦
ￇ±³¶¸­¾¥¸­³²￦ ‫ڹڶ‬￦
ￏ²§¶©¥·©￦­²￦­²º©²¸³¶½￦Ϯ‫ڴڴڶ‬￦ ￦‫ڴڵڵ‬ϯ￦ Ϯ‫ڴڽ‬ϯ￦
ￏ²§¶©¥·©￦­²￦¸¶¥¨©￦¶©§©­º¥¦°©￦Ϯ‫ڹڽڵ‬￦ ￦‫ڹڻ‬ϯ￦ Ϯ‫ڴڶڵ‬ϯ￦
ￏ²§¶©¥·©￦­²￦¸¶¥¨©￦´¥½¥¦°©￦Ϯ‫ڴڵڶ‬￦ ￦‫ڴںڵ‬ϯ￦ ‫ڴڹ‬￦
ￊ©§¶©¥·©￦­²￦§¹¶¶©²¸￦¸¥¼￦´¥½¥¦°©￦Ϯ‫ڴڼ‬￦ ￦‫ڴڵڵ‬ϯ￦ Ϯ‫ڴڷ‬ϯ￦
Net cash from operating activities (D) ‫ڹڼ‬￦
￦
Question No. 3
ￇ§µ¹­·­¸­³²￦³ª￦ￖￖￋ￦Ϯ·©©￦§³±´¹¸¥¸­³²￦¦©°³»ϯ￦ Ϯ‫ڹڴڷ‬ϯ￦
ￇ§µ¹­·­¸­³²￦³ª￦­²¸¥²«­¦°©￦¥··©¸·￦Ϯ·©©￦§³±´¹¸¥¸­³²￦¦©°³»ϯ￦ Ϯ‫ڹڶڵ‬ϯ￦
ￇ§µ¹­·­¸­³²￦³ª￦­²º©·¸±©²¸￦ Ϯ‫ڴڷڶ‬ϯ￦
Net cash used in investing activities (A) Ϯ‫ڴںں‬ϯ￦
￦

PPE, net
￈¥°¥²§©￦¦©«­²²­²«￦ ‫ڴڵڸ‬￦ ‫ڴڼں‬￦ ￋ²¨­²«￦¦¥°¥²§©￦
ￇ§µ¹­·­¸­³²￦ 305 Ο￦ ￊ­·´³·¥°￦
￘©º¥°¹¥¸­³²￦ ‫ڴڼ‬￦ ‫ڹڵڵ‬￦ ￊ©´¶©§­¥¸­³²￦
ￚ³¸¥°￦ ‫ڹڽڻ‬￦ ‫ڹڽڻ‬￦ ￦￦
￦

Intangible asset, net

￈¥°¥²§©￦¦©«­²²­²«￦ ‫ڴڴڶ‬￦ ‫ڴڴڷ‬￦ ￋ²¨­²«￦¦¥°¥²§©￦
ￇ§µ¹­·­¸­³²￦ 125 Ο￦ ￊ­·´³·¥°￦
￘©º¥°¹¥¸­³²￦ Ο￦ ‫ڹڶ‬￦ ￇ±³¶¸­¾¥¸­³²￦
ￚ³¸¥°￦ ‫ڹڶڷ‬￦ ‫ڹڶڷ‬￦ ￦￦
￦
Question No. 4
‫ܫڴڵ‬￦·©§¹¶©¨￦°³¥²￦²³¸©·￦ ‫ڴڴڷ‬￦
ￏ··¹¥²§©￦³ª￦·¬¥¶©·￦ ‫ڴڴڵ‬￦
ￊ­º­¨©²¨·￦´¥­¨￦Ϯ·©©￦§³±´¹¸¥¸­³²￦¦©°³»ϯ￦ Ϯ‫ڹڹ‬ϯ￦
Net cash from financing activities (C) ‫ڹڸڷ‬￦
￦

Retained Earnings
￈¥°¥²§©￦©²¨￦ ‫ڹڻڷ‬￦ ‫ڹڽڶ‬￦ ￈©«Κ￦￈¥°¥²§©￦
ￊ­º­¨©²¨·￦ ‫ڹڹ‬￦ ‫ڹڷڵ‬￦ ￔ©¸￦­²§³±©￦
ￚ³¸¥°￦ ‫ڴڷڸ‬￦ ‫ڴڷڸ‬￦ ￦￦
￦

402
Chapter 37 Statement of Cash Flows

SUMMARY OF ANSWERS:
1. A 2. D 3. A 4. C
￦
￦
PROBLEM 37-13

Question No. 1
￉¥·¬￦ ‫ڹ‬Ζ‫ڽڷں‬Ζ‫ڴڴڽ‬￦
ￇ§§³¹²¸·￦¶©§©­º¥¦°©￦ ‫ڵ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
ￇ°°³»¥²§©￦ª³¶￦¨³¹¦¸ª¹°￦¥§§³¹²¸·￦ Ϯ‫ڴڼڵ‬Ζ‫ڴڴڴ‬ϯ￦
ￏ²º©²¸³¶­©·￦ ‫ڶ‬Ζ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦
Total current assets (A) ‫ڼ‬Ζ‫ڽڹں‬Ζ‫ڴڴڽ‬￦

Question No. 2
ￏ²º©·¸±©²¸￦­²￦¦³²¨·￦Ο￦ￌￇ￦¥¸￦¥±³¶¸­¾©¨￦§³·¸￦ ‫ڷ‬Ζ‫ڵںڼ‬Ζ‫ڹڴڵ‬￦
ￖ¶³´©¶¸½￦´°¥²¸￦¥²¨￦©µ¹­´±©²¸￦ ‫ڽ‬Ζ‫ڴڶڹ‬Ζ‫ڴڴڴ‬￦
ￇ§§¹±¹°¥¸©¨￦¨©´¶©§­¥¸­³²￦ Ϯ‫ڷ‬Ζ‫ڴڴڽ‬Ζ‫ڴڴڴ‬ϯ￦
ￌ¶¥²§¬­·©￦Ο￦²©¸￦ ‫ڴڴڹ‬Ζ‫ڴڴڴ‬￦
ￚ³¸¥°￦²³²§¹¶¶©²¸￦¥··©¸· (A)￦ ‫ڽ‬Ζ‫ڵڼڽ‬Ζ‫ڹڴڵ‬￦
￦ ￦

ￚ³¸¥°￦¥··©¸·￦ ‫ڼڵ‬Ζ‫ڵڸں‬Ζ‫ڹڴڴ‬￦
￦ ￦
Question No. 3￦ ￦
Liabilities and equity
ￇ§§³¹²¸·￦´¥½¥¦°©￦ ‫ڸ‬Ζ‫ڴڴڼ‬Ζ‫ڴڴڴ‬￦
ￊ­º­¨©²¨·￦´¥½¥¦°©￦ ‫ڴڴڸ‬Ζ‫ڴڴڴ‬￦
ￚ³¸¥°￦§¹¶¶©²¸￦°­¥¦­°­¸­©·￦ ￦ (A)￦ ‫ڹ‬Ζ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦
￦ ￦

Question No. 4 ￦

ￊ©ª©¶¶©¨￦¸¥¼￦°­¥¦­°­¸½￦ ‫ڴڴڻ‬Ζ‫ڴڴڴ‬￦
ￚ³¸¥°￦²³²§¹¶¶©²¸￦°­¥¦­°­¸­©·￦ (C)￦ ‫ڴڴڻ‬Ζ‫ڴڴڴ‬￦
￦ ￦

ￚ³¸¥°￦°­¥¦­°­¸­©·￦￦ ‫ڹ‬Ζ‫ڴڴڽ‬Ζ‫ڴڴڴ‬￦
￦ ￦
Question No. 5￦
ￕ¶¨­²¥¶½￦·¬¥¶©·Ζ￦ￖ‫ڴڴڵ‬￦´¥¶￦º¥°¹©￦ ‫ڵڵ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
￙¬¥¶©￦ￖ¶©±­¹±￦ ‫ڵ‬Ζ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦
ￚ¶©¥·¹¶½￦·¬¥¶©·￦¥¸￦§³·¸￦ Ϯ‫ڴڴڹ‬Ζ‫ڴڴڴ‬ϯ￦
￘©¸¥­²©¨￦©¥¶²­²«·￦ ‫ڵ‬Ζ‫ڵڸڴ‬Ζ‫ڹڴڴ‬￦
ￚ³¸¥°￦·¬¥¶©¬³°¨©¶·‫ك‬￦©µ¹­¸½￦ (D)￦ ‫ڶڵ‬Ζ‫ڵڸڻ‬Ζ‫ڹڴڴ‬￦
￦ ￦

ￚ³¸¥°￦°­¥¦­°­¸­©·￦¥²¨￦©µ¹­¸½￦ ‫ڼڵ‬Ζ‫ڵڸں‬Ζ‫ڹڴڴ‬￦
￦

Accounts receivable
￈©«Κ￦￈¥°¥²§©￦ ‫ڴڴں‬Ζ‫ڴڴڴ‬￦ ‫ڵ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦ ￈¥°Κ￦©²¨￦
￙¥°©·￦³²￦¥§§³¹²¸￦ ‫ڹ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦ ‫ڸ‬Ζ‫ڴڴں‬Ζ‫ڴڴڴ‬￦ ￉³°°©§¸­³²·￦
Ο￦ ￝¶­¸©Ο³ªª￦
￦￦ ‫ڹ‬Ζ‫ڴڴں‬Ζ‫ڴڴڴ‬￦ ‫ڹ‬Ζ‫ڴڴں‬Ζ‫ڴڴڴ‬￦ ￦￦
￦

403
Chapter 37 Statement of Cash Flows

Allowance for doubtful accounts

￈¥°Κ￦©²¨￦ ‫ڴڼڵ‬Ζ‫ڴڴڴ‬￦ ‫ڴڸ‬Ζ‫ڴڴڴ‬￦ ￈©«Κ￦￈¥°¥²§©￦
￝¶­¸©Ο³ªª￦ Ο￦ ‫ڴڸڵ‬Ζ‫ڴڴڴ‬￦ ￈¥¨￦¨©¦¸·￦
￦￦ ‫ڴڼڵ‬Ζ‫ڴڴڴ‬￦ ‫ڴڼڵ‬Ζ‫ڴڴڴ‬￦ ￦￦
￦
Merchandise inventory
￈©«Κ￦￈¥°¥²§©￦ ‫ڶ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦ ‫ڶ‬Ζ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦ ￈¥°Κ￦©²¨￦
ￔ©¸￦´¹¶§¬¥·©·￦ ‫ڶ‬Ζ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦ ‫ڶ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦ ￉³·¸￦³ª￦«³³¨·￦·³°¨￦
￦￦ ‫ڸ‬Ζ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦ ‫ڸ‬Ζ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦ ￦￦
￦
Accounts payable
￈¥°Κ￦©²¨￦ ‫ڸ‬Ζ‫ڴڴڼ‬Ζ‫ڴڴڴ‬￦ ‫ڸ‬Ζ‫ڴڴڹ‬Ζ‫ڴڴڴ‬￦ ￈©«Κ￦￈¥°¥²§©￦
Payment 1,900,000 ‫ڶ‬Ζ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦ ￔ©¸￦´¹¶§¬¥·©·￦
￦￦ ‫ں‬Ζ‫ڴڴڻ‬Ζ‫ڴڴڴ‬￦ ‫ں‬Ζ‫ڴڴڻ‬Ζ‫ڴڴڴ‬￦ ￦￦
￦
Amortization table:
Interest Interest Discount Present
Date Collection Income Amortization value
‫ڵڴ‬ϑ‫ڵڴ‬ϑ‫ڻڵڴڶ‬￦ ￦ ￦ ￦ ‫ڷ‬Ζ‫ںڸڻ‬Ζ‫ڼںڷ‬￦
‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ڻڵڴڶ‬￦ ‫ڴڶڷ‬Ζ‫ڴڴڴ‬￦ ‫ڸڻڷ‬Ζ‫ڻڷں‬￦ ‫ڸڹ‬Ζ‫ڻڷں‬￦ ‫ڷ‬Ζ‫ڵڴڼ‬Ζ‫ڹڴڴ‬￦
‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ڼڵڴڶ‬￦ ‫ڴڶڷ‬Ζ‫ڴڴڴ‬￦ ‫ڴڼڷ‬Ζ‫ڴڴڵ‬￦ ‫ڴں‬Ζ‫ڴڴڵ‬￦ ‫ڷ‬Ζ‫ڵںڼ‬Ζ‫ڹڴڵ‬￦
‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ڽڵڴڶ‬￦ ‫ڴڶڷ‬Ζ‫ڴڴڴ‬￦ ‫ںڼڷ‬Ζ‫ڵڵڵ‬￦ ‫ںں‬Ζ‫ڽڻڴ‬￦ ‫ڷ‬Ζ‫ڻڶڽ‬Ζ‫ڸڼڵ‬￦
‫ڶڵ‬ϑ‫ڵڷ‬ϑ‫ڴڶڴڶ‬￦ ‫ڴڶڷ‬Ζ‫ڴڴڴ‬￦ ‫ڶڽڷ‬Ζ‫ںڵڼ‬￦ ‫ڶڻ‬Ζ‫ںڵڼ‬￦ ‫ڸ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
￦
Property, Plant and Equipment
￈©«Κ￦￈¥°¥²§©￦ ‫ڽ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦ ‫ڴڼڸ‬Ζ‫ڴڴڴ‬￦ ￉³·¸￦³ª￦©µ¹­´±©²¸￦·³°¨￦
ￇ§µ¹­·­¸­³²￦§³·¸￦ ‫ڵ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦ ‫ڽ‬Ζ‫ڴڶڹ‬Ζ‫ڴڴڴ‬￦ ¦¥°Κ￦©²¨￦
ￖ¶©·©²¸￦º¥°¹©￦³ª￦ￓￒￖ￦ Ο￦ ￦ ￦
￦￦ ‫ڴڵ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦ ‫ڴڵ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦ ￦￦
￦
Accumulated depreciation
￈¥°Κ￦©²¨￦ ‫ڷ‬Ζ‫ڴڴڽ‬Ζ‫ڴڴڴ‬￦ ‫ڷ‬Ζ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦ ￈©«Κ￦￈¥°¥²§©￦
ￇ§§¹±¹°¥¸©¨￦ ¨©´¶©§­¥¸­³²￦
³ª￦¥··©¸￦·³°¨￦ ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦ ‫ڴڴڽ‬Ζ‫ڴڴڴ‬￦ ￊ©´¶©§­¥¸­³²￦©¼´©²·©￦
￦￦ ‫ڸ‬Ζ‫ڴڴڵ‬Ζ‫ڴڴڴ‬￦ ‫ڸ‬Ζ‫ڴڴڵ‬Ζ‫ڴڴڴ‬￦ ￦￦
￦
ￔ©¸￦￙©°°­²«￦ￖ¶­§©￦ ￦ ‫ڴڴڹ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦￉¥¶¶½­²«￦¥±³¹²¸￦ ￦ ￦
￦￦￦￉³·¸￦ ‫ڴڼڸ‬Ζ‫ڴڴڴ‬￦ ￦
￦￦￦ￒ©··Ό￦ￇ§§¹±¹°¥¸©¨￦ￊ©´¶©§­¥¸­³²￦ ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦ ‫ڴڼڶ‬Ζ‫ڴڴڴ‬￦
ￍ¥­²￦³²￦·¥°©￦ ￦ ‫ڴڶڶ‬Ζ‫ڴڴڴ‬￦
￦

Ordinary shares
￈©«­²²­²«￦¦¥°¥²§©￦ ‫ڴڵ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦

404
Chapter 37 Statement of Cash Flows

ￏ··¹¥²§©￦ª³¶￦§¥·¬￦ ‫ڵ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
￈¥°¥²§©￦©²¨￦ ‫ڵڵ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
￦

Share Premium
￈©«­²²­²«￦¦¥°¥²§©￦ ‫ڵ‬Ζ‫ڴڴڴ‬Ζ‫ڴڴڴ‬￦
ￏ··¹¥²§©￦ª³¶￦§¥·¬￦ ‫ڴڴڶ‬Ζ‫ڴڴڴ‬￦
￈¥°¥²§©￦©²¨￦ ‫ڵ‬Ζ‫ڴڶ‬Ζ‫ڴڴڴ‬￦
￦

Retained Earnings
￈©«­²²­²«￦¦¥°¥²§©￦ ‫ڵںڸ‬Ζ‫ڹڴڴ‬￦
ￇ¨¨Ό￦ￔ©¸￦­²§³±©￦ ‫ڴڼڽ‬Ζ‫ڴڴڴ‬￦
ￒ©··Ό￦ￊ­º­¨©²¨·￦¨©§°¥¶©¨Ο§¥·¬￦ ‫ڴڴڸ‬Ζ‫ڴڴڴ‬￦
￈¥°¥²§©￦©²¨￦ ‫ڵ‬Ζ‫ڵڸڴ‬Ζ‫ڹڴڴ‬￦
￦

SUMMARY OF ANSWERS:
1. A 2. A 3. A 4. C 5. D
￦
￦
PROBLEM 37-14
￦
Question No. 1 (C)
Income tax payable
ￋ²¨­²«￦¦¥°¥²§©￦ ‫ڷڸڵ‬Ζ‫ڴڴڻ‬￦ ‫ڹں‬Ζ‫ڴڴڴ‬￦ ￈©«Κ￦￈¥°¥²§©￦
ￖ¥½±©²¸￦ 76,000 ‫ڸڹڵ‬Ζ‫ڴڴڻ‬￦ ￏ²§³±©￦¸¥¼￦©¼´©²·©￦
￦ￚ³¸¥°￦ ‫ڽڵڶ‬Ζ‫ڴڴڻ‬￦ ‫ڽڵڶ‬Ζ‫ڴڴڻ‬￦ ￦￦
￦
Question No. 2 (C)
PPE, net
￈¥°¥²§©￦¦©«­²²­²«￦ ‫ڵڽڻ‬Ζ‫ڴڴڹ‬￦ ‫ڹڴڼ‬Ζ‫ڴڴڷ‬￦ ￋ²¨­²«￦¦¥°¥²§©￦
ￇ§µ¹­¶©¨￦ ￦§¥·¬￦ ‫ڴڹ‬Ζ‫ڴڴڴ‬￦ Ο￦ ￊ­·´³·¥°￦
ￇ§µ¹­¶©¨￦ ￦°©¥·©￦ ‫ڶڵ‬Ζ‫ڴڷڵ‬￦ 153,330 ￊ©´¶©§­¥¸­³²￦
ￇ§µ¹­¶©¨￦ ￦ ¦¹·­²©··￦
§³±¦­²¥¸­³²￦ ‫ڹڴڵ‬Ζ‫ڴڴڴ‬￦ ￦ ￦
ￚ³¸¥°￦ ‫ڼڹڽ‬Ζ‫ڴڷں‬￦ ‫ڼڹڽ‬Ζ‫ڴڷں‬￦ ￦￦
￦
Question No. 3 (A)
ￖ¶³ª­¸￦ª³¶￦¸¬©￦½©¥¶￦ ‫ڵڻڸ‬Ζ‫ڴڸڸ‬￦
ￊ©´¶©§­¥¸­³²￦ ‫ڷڹڵ‬Ζ‫ڴڷڷ‬￦
ￇ±³¶¸­¾¥¸­³²￦ ‫ڼ‬Ζ‫ڴڴڶ‬￦
￙¬¥¶©￦­²￦´¶³ª­¸￦³ª￦¥··³§­¥¸©￦ Ϯ‫ڸڶ‬Ζ‫ڴڴڻ‬ϯ￦
ￏ²§¶©¥·©￦­²￦­²º©²¸³¶½￦Ϯ‫ڻڹ‬Ζ‫ڴڴڷ‬￦ ￦‫ںڸ‬Ζ‫ڴڴڽ‬ϯ￦ Ϯ‫ڴڵ‬Ζ‫ڴڴڸ‬ϯ￦
ￏ²§¶©¥·©￦­²￦¸¶¥¨©￦¥²¨￦³¸¬©¶￦¶©§©­º¥¦°©·￦Ϯ©¼§°¹¨­²«￦¶©§©­º¥¦°©￦ Ϯ‫ڻڵ‬Ζ‫ڴڶڹ‬ϯ￦
ª¶³±￦¦¹·­²©··￦§³±¦­²¥¸­³²ϯ￦ ￦Ϯ‫ڹڻ‬Ζ‫ڴڴڽ‬￦ ￦‫ڵڹ‬Ζ‫ڴڷڽ‬￦ ￦‫ں‬Ζ‫ڴڹڸ‬ϯ￦
ￊ©§¶©¥·©￦­²￦¸¶¥¨©￦¥²¨￦³¸¬©¶￦´¥½¥¦°©·￦Ϯ©¼§°¹¨­²«￦¶©§©­º¥¦°©￦ Ϯ‫ڷڸ‬Ζ‫ڼڹڻ‬ϯ￦
ª¶³±￦¦¹·­²©··￦§³±¦­²¥¸­³²ϯ￦ ￦Ϯ‫ڶڼ‬Ζ‫ڴڴں‬￦‫ܩ‬￦‫ڽ‬Ζ‫ڴڹڽ‬￦ ￦‫ڼڸ‬Ζ‫ڶڽڻ‬ϯ￦
ￏ²§¶©¥·©￦­²￦­²§³±©￦¸¥¼￦´¥½¥¦°©￦ ‫ڻڼ‬Ζ‫ڴڴڼ‬￦
ￔ©¸￦§¥·¬￦´¶³º­¨©¨￦¦½￦³´©¶¥¸­²«￦¥§¸­º­¸­©·￦ ‫ڹڵں‬Ζ‫ڶڽڶ‬￦
405
Chapter 37 Statement of Cash Flows

￦
Question No. 4 (C)
ￖ¶³§©©¨·￦ª¶³±￦·¥°©￦³ª￦°­§©²·©￦Ϯ·©©￦§³±´¹¸¥¸­³²￦¦©°³»ϯ￦ ‫ڵڶ‬Ζ‫ڴڴں‬￦
ￇ§µ¹­·­¸­³²￦³ª￦ￖￖￋ￦ Ϯ‫ڴڹ‬Ζ‫ڴڴڴ‬ϯ￦
ￇ§µ¹­·­¸­³²￦³ª￦ￎ©½￦￐¹¨©￦ Ϯ‫ڴڵ‬Ζ‫ڴڴڴ‬ϯ￦
ￇ§µ¹­·­¸­³²￦³ª￦￟©·¸©¶¨¥½￦ Ϯ‫ڼڹ‬Ζ‫ڴڴڼ‬ϯ￦
￉¥·¬￦¥²¨￦§¥·¬￦©µ¹­º¥°©²¸·￦¥§µ¹­¶©¨￦­²￦¦¹·­²©··￦§³±¦­²¥¸­³²￦ ‫ڼ‬Ζ‫ڴڴڻ‬￦
ￔ©¸￦§¥·¬￦¹·©¨￦¦½￦­²º©·¸­²«￦¥§¸­º­¸­©·￦ Ϯ‫ڼڼ‬Ζ‫ڴڴڹ‬ϯ￦
￦
Intangible asset, net
￈¥°¥²§©￦¦©«­²²­²«￦ ‫ڷڷ‬Ζ‫ڴڹڸ‬￦ ‫ڼڶ‬Ζ‫ڴڴڼ‬￦ ￋ²¨­²«￦¦¥°¥²§©￦
ￇ§µ¹­·­¸­³²￦ - ‫ڼ‬Ζ‫ڴڴڶ‬￦ ￇ±³¶¸­¾¥¸­³²￦
ￍ³³¨»­°°Є￦ ‫ڹڶ‬Ζ‫ڴڹڵ‬￦ 21,600 ￊ­·´³·¥°￦
ￚ³¸¥°￦ ‫ڼڹ‬Ζ‫ڴڴں‬￦ ‫ڼڹ‬Ζ‫ڴڴں‬￦ ￦￦
￦
￉³²·­¨©¶¥¸­³²￦¸¶¥²·ª©¶¶©¨￦σϮ‫ڼڹ‬Ζ‫ڴڴڹ‬￦‫ܩ‬￦Ϯ‫ڹڷ‬Ζ‫ڴڴڴ‬￦¼￦‫ڵ‬Κ‫ڸ‬ϯσ￦ ‫ڻڴڵ‬Ζ‫ڴڴڼ‬￦
ￒ©··Ό￦ￌￜￔￇￇ￦Ϯ‫ڴڵڵ‬Ζ‫ڴڴڶ‬￦¼￦‫ڹڻ‬ϯ￦ ‫ڶڼ‬Ζ‫ڴڹں‬￦
ￍ³³¨»­°°￦ ‫ڹڶ‬Ζ‫ڴڹڵ‬￦
￦
Question No. 5 ()
￦
￦
PROBLEM 37-15
￦
Question No. 1 (A)
Interest receivable investing
￈©«Κ￦￈¥°¥²§©￦ ‫ڴڵ‬Ζ‫ڴڴڹ‬￦ ‫ڶڵ‬Ζ‫ڴڴڹ‬￦ ￋ²¨­²«￦¦¥°¥²§©￦
ￏ²¸©¶©·¸￦­²§³±©￦ ‫ڶڹ‬Ζ‫ڴڴڴ‬￦ 50,000 ￉³°°©§¸­³²￦
￦ￚ³¸¥°￦ ‫ڶں‬Ζ‫ڴڴڹ‬￦ ‫ڶں‬Ζ‫ڴڴڹ‬￦ ￦￦
￦
Question No. 2 (A)
Income tax payable
ￋ²¨­²«￦¦¥°¥²§©￦ ‫ڴڻڵ‬Ζ‫ڴڴڴ‬￦ ‫ڴڷڵ‬Ζ‫ڴڴڴ‬￦ ￈©«Κ￦￈¥°¥²§©￦
ￖ¥½±©²¸￦ 140,000 ‫ڴڼڵ‬Ζ‫ڴڴڴ‬￦ ￏ²§³±©￦¸¥¼￦©¼´©²·©￦
￦ￚ³¸¥°￦ ‫ڴڵڷ‬Ζ‫ڴڴڴ‬￦ ‫ڴڵڷ‬Ζ‫ڴڴڴ‬￦ ￦￦
￦
Question No. 3 (B)
ￏ²§¶©¥·©￦­²￦§¥·¬￦¥²¨￦§¥·¬￦©µ¹­º¥°©²¸·￦Ϯ‫ڶڵ‬Ζ‫ڴڴڹ‬￦ ￦‫ڴڴڸ‬ϯ￦ ‫ڶڵ‬Ζ‫ڴڴڵ‬￦
ￇ¨¨Ό￦ￊ©§¶©¥·©￦­²￦¦¥²¯￦³º©¶¨¶¥ª¸￦ ‫ڷ‬Ζ‫ڴڴڹ‬￦
ￔ©¸￦§¥·¬￦­²ª°³»·￦ ‫ڹڵ‬Ζ‫ڴڴں‬￦
￦
ￔ©¸￦­²§³±©￦ ‫ڸڷڼ‬Ζ‫ڴڴڽ‬￦
ￊ©´¶©§­¥¸­³²￦ ‫ڴںڹ‬Ζ‫ڴڴڴ‬￦
ￍ¥­²￦³²￦·¥°©￦Ϯ‫ڴڹڸ‬Ζ‫ڴڴڴ‬￦ ￦‫ڸڶڷ‬Ζ‫ڴڴڹ‬ϯ￦ Ϯ‫ڹڶڵ‬Ζ‫ڴڴڹ‬ϯ￦
ￏ²¸©¶©·¸￦­²§³±©￦ ￦­²º©·¸­²«￦¥§¸­º­¸­©·￦ Ϯ‫ڶڹ‬Ζ‫ڴڴڴ‬ϯ￦
406
‫‪Chapter 37‬‬ ‫‪Statement of Cash Flows‬‬

‫‪ￊ©§¶©¥·©￦­²￦­²º©²¸³¶½￦‬‬ ‫‪￦‬ڴڴڸ‪Ζ‬ںڹ‬
‫‪ￊ©§¶©¥·©￦­²￦¸¶¥¨©￦¥²¨￦³¸¬©¶￦¶©§©­º¥¦°©·￦Ϯ©¼§°¹¨­²«￦­²¸©¶©·¸￦‬‬ ‫‪￦‬ڴڴڹ‪Ζ‬ڽڻ‬
‫‪ϯ￦‬ڴڴں‪Ζ‬ڹڵڸ‪￦ ￦‬ڴڴڵ‪Ζ‬ڹڽڸ‪¶©°¥¸©¨￦¸³￦­²º©·¸­²«ϯ￦ ￦Ϯ‬‬
‫‪ￊ©§¶©¥·©￦­²￦¸¶¥¨©￦¥²¨￦³¸¬©¶￦´¥½¥¦°©·￦‬‬ ‫‪ϯ￦‬ڴڴں‪Ζ‬ڶڶڵ‪Ϯ‬‬
‫‪ￊ©§¶©¥·©￦­²￦»¥¶¶¥²¸½￦‬‬ ‫‪ϯ￦‬ڴڴڴ‪Ζ‬ڴڷ‪Ϯ‬‬
‫‪ￏ²§¶©¥·©￦­²￦­²§³±©￦¸¥¼￦´¥½¥¦°©￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڸ‬
‫‪ￔ©¸￦§¥·¬￦´¶³º­¨©¨￦¦½￦³´©¶¥¸­²«￦¥§¸­º­¸­©·￦‬‬ ‫‪￦‬ڴڴڻ‪Ζ‬ڴڸڶ‪Ζ‬ڵ‬
‫‪￦‬‬
‫ ‪Question No. 4‬‬ ‫ ‬ ‫ )‪(A‬‬
‫‪ￏ²¸©¶©·¸￦§³°°©§¸©¨￦ ￦­²º©·¸­²«￦¥§¸­º­¸½￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڹ‬
‫‪ￖ¶³§©©¨·￦ª¶³±￦·¥°©￦³ª￦±¥§¬­²©¶½￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڹڸ‬
‫‪ￖ¶³§©©¨·￦ª¶³±￦·¥°©￦³ª￦ª¥§¸³¶½￦¦¹­°¨­²«￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڸڷ‬
‫‪ϯ￦‬ڴڴڴ‪Ζ‬ڴڹڼ‪￦ ￦‬ڴڴڴ‪Ζ‬ڴڴڴ‪Ζ‬ڵ‪ￒ³¥²·￦¸³￦¹²¶©°¥¸©¨￦´¥¶¸­©·￦Ϯ‬‬ ‫‪ϯ￦‬ڴڴڴ‪Ζ‬ڴڹڵ‪Ϯ‬‬
‫‪ￇ§µ¹­·­¸­³²￦³ª￦ￖￖￋ￦Ϯ·©©￦§³±´¹¸¥¸­³²￦¦©°³»ϯ￦‬‬ ‫‪ϯ￦‬ڴڴڹ‪Ζ‬ڶڶڴ‪Ζ‬ڶ‪Ϯ‬‬
‫‪ￔ©¸￦§¥·¬￦¹·©¨￦¦½￦­²º©·¸­²«￦¥§¸­º­¸­©·￦‬‬ ‫‪￦‬ڴڴڴڹ‪Ζ‬ڶڷڷ‪Ζ‬ڵ‪Ϯ‬‬
‫‪￦‬‬
‫ ‬ ‫ ‪PPE, net‬‬ ‫ ‬
‫‪￈¥°¥²§©￦¦©«­²²­²«￦‬‬ ‫‪￦ ￋ²¨­²«￦¦¥°¥²§©￦‬ڴڴڸ‪Ζ‬ڻںڹ‪Ζ‬ڶ ‪￦‬ڴڴڸ‪Ζ‬ڸڽڹ‪Ζ‬ڵ‬
‫‪ￇ§µ¹­·­¸­³²￦‬‬ ‫ ‪2,022,500‬‬ ‫‪￦ ￊ­·´³·¥°￦Ο￦ￓ¥§¬­²©¶½￦‬ڴڴڹ‪Ζ‬ڸڶڷ‬
‫‪￘©º¥°¹¥¸­³²￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڶڶ‬ ‫‪￦ ￊ­·¹·©¨￦ª¥§¸³¶½￦‬ڴڴڴ‪Ζ‬ڴڸڷ‬
‫‪￦‬‬ ‫‪￦‬‬ ‫‪￦ ￊ©´¶©§­¥¸­³²￦‬ڴڴڴ‪Ζ‬ڴںڹ‬
‫‪ￚ³¸¥°￦‬‬ ‫‪￦ ￦￦‬ڴڴڽ‪Ζ‬ڵڽڻ‪Ζ‬ڷ ‪￦‬ڴڴڽ‪Ζ‬ڵڽڻ‪Ζ‬ڷ‬
‫‪￦‬‬
‫ ‬ ‫ ‪Revaluation surplus‬‬
‫‪ￋ²¨­²«￦¦¥°¥²§©￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڹڷ‬ ‫‪￦ ￈¥°¥²§©￦¦©«­²²­²«￦‬ڴڴڴ‪Ζ‬ڴڹڶ‬
‫‪ￚ¶¥²·ª©¶￦¸³￦￘ϑￋ￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڶڵ‬ ‫‪￦ ￘ϑ￙￦ ￦§¹¶¶©²¸￦´©¶­³¨￦‬ڴڴڴ‪Ζ‬ڴڶڶ‬
‫‪ￚ³¸¥°￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڻڸ‬ ‫‪￦ ￦￦‬ڴڴڴ‪Ζ‬ڴڻڸ‬
‫‪￦‬‬
‫ ‪Question No. 5‬‬ ‫ ‬ ‫ )‪(C‬‬
‫‪ￊ­º­¨©²¨·￦´¥­¨￦Ϯ·©©￦§³±´¹¸¥¸­³²￦¦©°³»ϯ￦‬‬ ‫‪ϯ￦‬ڴڴں‪Ζ‬ڶڸ‪Ϯ‬‬
‫‪ϯ￦‬ڴڹ‪Κ‬ڵ‪￦¼￦‬ڴڴڴ‪Ζ‬ڴڴڵ‪ￖ¶³§©©¨·￦ª¶³±￦­··¹¥²§©￦³ª￦·¬¥¶©·￦Ϯ‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڹڵ‬
‫‪ￔ©¸￦§¥·¬￦´¶³º­¨©¨￦ª¶³±￦ª­²¥²§­²«￦¥§¸­º­¸­©·￦‬‬ ‫‪￦‬ڴڴڸ‪Ζ‬ڻڴڵ‬
‫‪￦‬‬

‫ ‬ ‫ ‪Retained Earnings‬‬ ‫ ‬
‫‪￈¥°¥²§©￦©²¨￦‬‬ ‫‪￦‬ڴڴڷ‪Ζ‬ڼڻڸ‪Ζ‬ڵ‬ ‫‪￦‬ڴڴڴ‪Ζ‬ںڻڼ‬ ‫‪￈©«Κ￦￈¥°¥²§©￦‬‬
‫‪￈³²¹·￦­··¹©Є￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڵڷ‬ ‫‪￦‬ڴڴڽ‪Ζ‬ڸڷڼ‬ ‫‪ￔ©¸￦­²§³±©￦‬‬
‫‪ￚ¶¥²·ª©¶￦¸³￦￘ϑￋ￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڶڵ‬
‫‪ￊ­º­¨©²¨·￦‬‬ ‫ ‪42,600‬‬ ‫‪￦‬‬ ‫‪￦‬‬
‫‪ￚ³¸¥°￦‬‬ ‫‪￦‬ڴڴڽ‪Ζ‬ڴڷڼ‪Ζ‬ڵ ‪￦‬ڴڴڽ‪Ζ‬ڴڷڼ‪Ζ‬ڵ‬ ‫‪￦￦‬‬
‫‪￦‬‬

‫‪Єￚ³¸¥°￦­²§¶©¥·©￦­²￦·¬¥¶©￦§¥´­¸¥°￦¥²¨￦·¬¥¶©￦´¶©±­¹±￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴںڸ‬
‫‪ￒ©··Ό￦ￏ··¹¥²§©￦³ª￦·¬¥¶©￦ª³¶￦§¥·¬￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڹڵ‬
‫‪￈³²¹·￦­··¹©￦‬‬ ‫‪￦‬ڴڴڴ‪Ζ‬ڴڵڷ‬
‫‪￦‬‬

‫‪407‬‬
Suggested Answers to Theoretical Questions

SUGGESTED ANSWERS TO THEORETICAL QUESTIONS

￦
CHAPTER 1: Overview of Audit Process and Pre-engagement Activities
‫ڵ‬￦ ￈ ‫ں‬￦ ￈￦ ‫ڵڵ‬ ￊ ‫ںڵ‬ ￉ ‫ڵڶ‬￦ ￉ ‫ںڶ‬￦ ￇ￦ ‫ڵڷ‬￦ ￊ￦ ‫ںڷ‬ ￈￦
‫ڶ‬￦ ￈￦ ‫ڻ‬￦ ￊ￦ ‫ڶڵ‬￦ ￊ￦ ‫ڻڵ‬￦ ￈￦ ‫ڶڶ‬￦ ￊ￦ ‫ڻڶ‬￦ ￉￦ ‫ڶڷ‬￦ ￉￦ ‫ڻڷ‬￦ ￉￦
‫ڷ‬￦ ￇ￦ ‫ڼ‬￦ ￇ￦ ‫ڷڵ‬￦ ￊ￦ ‫ڼڵ‬￦ ￈￦ ‫ڷڶ‬￦ ￉￦ ‫ڼڶ‬￦ ￉￦ ‫ڷڷ‬￦ ￇ￦ ‫ڼڷ‬￦ ￊ￦
‫ڸ‬￦ ￈￦ ‫ڽ‬￦ ￇ￦ ‫ڸڵ‬￦ ￊ￦ ‫ڽڵ‬￦ ￊ￦ ‫ڸڶ‬￦ ￇ￦ ‫ڽڶ‬￦ ￈￦ ‫ڸڷ‬￦ ￊ￦ ‫ڽڷ‬￦ ￉￦
‫ڹ‬￦ ￉ ‫ڴڵ‬￦ ￇ￦ ‫ڹڵ‬ ￈ ‫ڴڶ‬ ￉ ‫ڹڶ‬￦ ￉ ‫ڴڷ‬￦ ￉ ‫ڹڷ‬￦ ￊ￦ ‫ڴڸ‬ ￊ￦
￦
CHAPTER 2: Audit Planning
‫ڵ‬￦ ￈￦ ‫ں‬￦ ￊ￦ ‫ڵڵ‬￦ ￇ￦ ‫ںڵ‬￦ ￊ￦ ‫ڵڶ‬￦ ￈￦ ‫ںڶ‬￦ ￉￦ ‫ڵڷ‬￦ ￉￦ ‫ںڷ‬￦ ￈￦
‫ڶ‬￦ ￉￦ ‫ڻ‬￦ ￉￦ ‫ڶڵ‬￦ ￇ￦ ‫ڻڵ‬￦ ￈￦ ‫ڶڶ‬￦ ￉￦ ‫ڻڶ‬￦ ￊ￦ ‫ڶڷ‬￦ ￈￦ ‫ڻڷ‬￦ ￇ￦
‫ڷ‬￦ ￈ ‫ڼ‬￦ ￉￦ ‫ڷڵ‬ ￊ ‫ڼڵ‬ ￊ ‫ڷڶ‬￦ ￉ ‫ڼڶ‬￦ ￊ￦ ‫ڷڷ‬￦ ￊ￦ ‫ڼڷ‬ ￈￦
‫ڸ‬￦ ￊ￦ ‫ڽ‬￦ ￉￦ ‫ڸڵ‬￦ ￊ￦ ‫ڽڵ‬￦ ￊ￦ ‫ڸڶ‬￦ ￉￦ ‫ڽڶ‬￦ ￊ￦ ‫ڸڷ‬￦ ￉￦ ‫ڽڷ‬￦ ￊ￦
‫ڹ‬￦ ￉￦ ‫ڴڵ‬￦ ￈￦ ‫ڹڵ‬￦ ￇ￦ ‫ڴڶ‬￦ ￈￦ ‫ڹڶ‬￦ ￉￦ ‫ڴڷ‬￦ ￉￦ ‫ڹڷ‬￦ ￉￦ ‫ڴڸ‬￦ ￊ￦

CHAPTER 3: Internal Control Consideration

‫ڵ‬￦ ￈ ‫ں‬￦ ￉￦ ‫ڵڵ‬ ￊ ‫ںڵ‬ ￊ ‫ڵڶ‬￦ ￉ ‫ںڶ‬￦ ￇ￦ ‫ڵڷ‬￦ ￉￦ ‫ںڷ‬ ￈￦
‫ڶ‬￦ ￇ￦ ‫ڻ‬￦ ￇ￦ ‫ڶڵ‬￦ ￇ￦ ‫ڻڵ‬￦ ￉￦ ‫ڶڶ‬￦ ￈￦ ‫ڻڶ‬￦ ￈￦ ‫ڶڷ‬￦ ￈￦ ‫ڻڷ‬￦ ￊ￦
‫ڷ‬￦ ￊ￦ ‫ڼ‬￦ ￉￦ ‫ڷڵ‬￦ ￇ￦ ‫ڼڵ‬￦ ￉￦ ‫ڷڶ‬￦ ￊ￦ ‫ڼڶ‬￦ ￇ￦ ‫ڷڷ‬￦ ￈￦ ‫ڼڷ‬￦ ￈￦
‫ڸ‬￦ ￊ￦ ‫ڽ‬￦ ￈￦ ‫ڸڵ‬￦ ￊ￦ ‫ڽڵ‬￦ ￉￦ ‫ڸڶ‬￦ ￉￦ ‫ڽڶ‬￦ ￉￦ ‫ڸڷ‬￦ ￈￦ ‫ڽڷ‬￦ ￉￦
‫ڹ‬￦ ￉ ‫ڴڵ‬￦ ￈￦ ‫ڹڵ‬ ￈ ‫ڴڶ‬ ￇ ‫ڹڶ‬￦ ￈ ‫ڴڷ‬￦ ￉ ‫ڹڷ‬￦ ￉￦ ‫ڴڸ‬ ￇ
￦

‫ڵڸ‬￦ ￉￦ ‫ںڸ‬ ￊ ‫ڵڹ‬￦ ￉￦

‫ڶڸ‬￦ ￉￦ ‫ڻڸ‬￦ ￊ￦ ‫ڶڹ‬￦ ￇ￦
‫ڷڸ‬￦ ￇ￦ ‫ڼڸ‬￦ ￈￦ ‫ڷڹ‬￦ ￇ￦
‫ڸڸ‬￦ ￉￦ ‫ڽڸ‬ ￇ ‫ڸڹ‬￦ ￊ￦
‫ڹڸ‬￦ ￉￦ ‫ڴڹ‬￦ ￉￦ ‫ڹڹ‬￦ ￉￦

CHAPTER 4: Transaction cycles
Problem 4-1
‫ڵ‬￦ ￊ￦
‫ڶ‬￦ ￇ￦
‫ڷ‬￦ ￈￦
‫ڸ‬￦ ￊ￦
‫ڹ‬￦ ￇ￦
￦

Problem 4-2
‫ڵ‬￦ ￉￦ ‫ں‬￦ ￇ￦ ‫ڵڵ‬￦ ￇ￦ ‫ںڵ‬￦ ￉￦ ‫ڵڶ‬￦ ￇ￦ ‫ںڶ‬￦ ￈￦ ‫ڵڷ‬￦ ￈￦
‫ڶ‬￦ ￊ￦ ‫ڻ‬￦ ￊ￦ ‫ڶڵ‬￦ ￈￦ ‫ڻڵ‬￦ ￇ￦ ‫ڶڶ‬￦ ￈￦ ‫ڻڶ‬￦ ￊ￦ ‫ڶڷ‬￦ ￊ￦
‫ڷ‬￦ ￇ￦ ‫ڼ‬￦ ￇ￦ ‫ڷڵ‬￦ ￇ￦ ‫ڼڵ‬￦ ￈￦ ‫ڷڶ‬￦ ￈￦ ‫ڼڶ‬￦ ￇ￦ ‫ڷڷ‬￦ ￈￦
‫ڸ‬￦ ￉￦ ‫ڽ‬￦ ￉￦ ‫ڸڵ‬￦ ￊ￦ ‫ڽڵ‬￦ ￊ￦ ‫ڸڶ‬￦ ￇ￦ ‫ڽڶ‬￦ ￈￦ ‫ڸڷ‬￦ ￊ￦
‫ڹ‬￦ ￊ￦ ‫ڴڵ‬￦ ￇ￦ ‫ڹڵ‬￦ ￉￦ ‫ڴڶ‬￦ ￉￦ ‫ڹڶ‬￦ ￊ￦ ‫ڴڷ‬￦ ￈￦ ‫ڹڷ‬￦ ￇ￦
￦

1589
Suggested Answers to Theoretical Questions

Problem 4-3
‫ڵ‬￦ ￈￦ ‫ں‬￦ ￊ￦ ‫ڵڵ‬￦ ￉￦ ‫ںڵ‬￦ ￉￦ ‫ڵڶ‬￦ ￈￦ ‫ںڶ‬￦ ￊ￦
‫ڶ‬￦ ￊ￦ ‫ڻ‬￦ ￉￦ ‫ڶڵ‬￦ ￇ￦ ‫ڻڵ‬￦ ￊ￦ ‫ڶڶ‬￦ ￈￦ ‫ڻڶ‬￦ ￊ￦
‫ڷ‬￦ ￉￦ ‫ڼ‬￦ ￉￦ ‫ڷڵ‬￦ ￇ￦ ‫ڼڵ‬￦ ￉￦ ‫ڷڶ‬￦ ￇ￦ ‫ڼڶ‬￦ ￈￦
‫ڸ‬￦ ￊ￦ ‫ڽ‬￦ ￊ￦ ‫ڸڵ‬￦ ￈￦ ‫ڽڵ‬￦ ￇ￦ ‫ڸڶ‬￦ ￊ￦ ‫ڽڶ‬￦ ￉￦
‫ڹ‬￦ ￉￦ ‫ڴڵ‬￦ ￈￦ ‫ڹڵ‬￦ ￉￦ ‫ڴڶ‬￦ ￉￦ ‫ڹڶ‬￦ ￇ￦ ‫ڴڷ‬￦ ￊ￦
￦

Problem 4-4 Problem 4-5 Problem 4-6

‫ڵ‬￦ ￊ￦ ‫ں‬￦ ￉￦ ‫ڵڵ‬￦ ￊ￦ ￦ ‫ڵ‬￦ ￉￦ ‫ں‬￦ ￈￦ ￦ ‫ڵ‬￦ ￊ￦
‫ڶ‬￦ ￈￦ ‫ڻ‬￦ ￇ￦ ‫ڶڵ‬￦ ￇ￦ ￦ ‫ڶ‬￦ ￉￦ ‫ڻ‬￦ ￈￦ ￦ ‫ڶ‬￦ ￇ￦
‫ڷ‬￦ ￇ￦ ‫ڼ‬￦ ￊ￦ ‫ڷڵ‬￦ ￊ￦ ￦ ‫ڷ‬￦ ￉￦ ‫ڼ‬￦ ￊ￦ ￦ ‫ڷ‬￦ ￇ￦
‫ڸ‬￦ ￉￦ ‫ڽ‬￦ ￉￦ ‫ڸڵ‬￦ ￇ￦ ￦ ‫ڸ‬￦ ￉￦ ‫ڽ‬￦ ￉￦ ￦ ‫ڸ‬￦ ￊ￦
‫ڹ‬￦ ￈￦ ‫ڴڵ‬￦ ￇ￦ ‫ڹڵ‬￦ ￈￦ ￦ ‫ڹ‬￦ ￊ￦ ‫ڴڵ‬￦ ￊ￦ ￦ ‫ڹ‬￦ ￊ￦
￦
CHAPTER 7: Substantive Test of Cash
Problem 7-1 Problem 7-2
‫ڵ‬Κ￦ ￈￦ ‫ں‬Κ￦ ￉￦ ￦ ‫ڵ‬Κ￦ ￈￦ ‫ں‬Κ￦ ￉￦ ‫ڵڵ‬Κ ￇ ‫ںڵ‬Κ ￈￦ ‫ڵڶ‬Κ￦ ￉￦
‫ڶ‬Κ￦ ￇ￦ ‫ڻ‬Κ￦ ￇ￦ ￦ ‫ڶ‬Κ￦ ￇ￦ ‫ڻ‬Κ￦ ￊ￦ ‫ڶڵ‬Κ￦ ￊ￦ ‫ڻڵ‬Κ￦ ￉￦ ‫ڶڶ‬Κ￦ ￈￦
‫ڷ‬Κ￦ ￊ￦ ‫ڼ‬Κ￦ ￊ￦ ￦ ‫ڷ‬Κ￦ ￉￦ ‫ڼ‬Κ￦ ￉￦ ‫ڷڵ‬Κ￦ ￇ￦ ‫ڼڵ‬Κ￦ ￇ￦ ‫ڷڶ‬Κ￦ ￉￦
‫ڸ‬Κ￦ ￉￦ ‫ڽ‬Κ￦ ￈￦ ￦ ‫ڸ‬Κ￦ ￊ ‫ڽ‬Κ￦ ￈ ‫ڸڵ‬Κ ￈ ‫ڽڵ‬Κ ￉￦ ‫ڸڶ‬Κ￦ ￉￦
‫ڹ‬Κ￦ ￉￦ ‫ڴڵ‬Κ￦ ￉￦ ￦ ‫ڹ‬Κ￦ ￉￦ ‫ڴڵ‬Κ￦ ￊ￦ ‫ڹڵ‬Κ￦ ￈￦ ‫ڴڶ‬Κ￦ ￇ￦ ‫ڹڶ‬Κ￦ ￈￦
￦
CHAPTER 9: Substantive Test of Receivables and Sales
‫ڵ‬Κ￦ ￊ￦ ‫ں‬Κ￦ ￉￦ ‫ڵڵ‬Κ￦ ￉￦ ‫ںڵ‬Κ￦ ￇ￦ ‫ڵڶ‬Κ￦ ￊ￦
‫ڶ‬Κ￦ ￇ￦ ‫ڻ‬Κ￦ ￈￦ ‫ڶڵ‬Κ￦ ￇ￦ ‫ڻڵ‬Κ￦ ￉￦ ‫ڶڶ‬Κ￦ ￈￦
‫ڷ‬Κ￦ ￉￦ ‫ڼ‬Κ￦ ￊ￦ ‫ڷڵ‬Κ￦ ￈￦ ‫ڼڵ‬Κ￦ ￉￦ ‫ڷڶ‬Κ￦ ￇ￦
‫ڸ‬Κ ￊ￦ ‫ڽ‬Κ￦ ￈￦ ‫ڸڵ‬Κ ￊ ‫ڽڵ‬Κ ￊ￦ ‫ڸڶ‬Κ￦ ￉
‫ڹ‬Κ￦ ￇ￦ ‫ڴڵ‬Κ￦ ￇ￦ ‫ڹڵ‬Κ￦ ￈￦ ‫ڴڶ‬Κ￦ ￇ￦ ‫ڹڶ‬Κ￦ ￊ￦
￦
CHAPTER 11: Substantive Test of Inventories and Cost of Sales
‫ڵ‬Κ￦ ￊ￦ ‫ں‬Κ￦ ￇ￦ ‫ڵڵ‬Κ￦ ￊ￦ ‫ںڵ‬Κ￦ ￉￦ ‫ڵڶ‬Κ￦ ￊ￦
‫ڶ‬Κ￦ ￈￦ ‫ڻ‬Κ￦ ￈￦ ‫ڶڵ‬Κ￦ ￈￦ ‫ڻڵ‬Κ￦ ￉￦ ‫ڶڶ‬Κ￦ ￊ￦
‫ڷ‬Κ￦ ￉￦ ‫ڼ‬Κ￦ ￈￦ ‫ڷڵ‬Κ ￇ ‫ڼڵ‬Κ ￈￦ ‫ڷڶ‬Κ￦ ￊ￦
‫ڸ‬Κ￦ ￈￦ ‫ڽ‬Κ￦ ￊ￦ ‫ڸڵ‬Κ￦ ￉￦ ‫ڽڵ‬Κ￦ ￈￦ ‫ڸڶ‬Κ￦ ￉￦
‫ڹ‬Κ￦ ￈￦ ‫ڴڵ‬Κ￦ ￈￦ ‫ڹڵ‬Κ￦ ￈￦ ‫ڴڶ‬Κ￦ ￉￦ ‫ڹڶ‬Κ￦ ￊ￦
￦
CHAPTER 14: Substantive Test of Investments
‫ڵ‬Κ￦ ￉￦ ‫ں‬Κ￦ ￈￦ ‫ڵڵ‬Κ ￊ
‫ڶ‬Κ￦ ￈￦ ‫ڻ‬Κ￦ ￇ￦ ￦ ￦
‫ڷ‬Κ￦ ￊ￦ ‫ڼ‬Κ￦ ￈￦ ￦ ￦
‫ڸ‬Κ￦ ￉￦ ‫ڽ‬Κ￦ ￈￦ ￦ ￦
‫ڹ‬Κ￦ ￈￦ ‫ڴڵ‬Κ￦ ￉￦ ￦ ￦
￦

1590
Suggested Answers to Theoretical Questions

CHAPTER 18: Substantive Test of Property, Plant and Equipment

‫ڵ‬Κ￦ ￉￦ ‫ں‬Κ￦ ￊ￦ ‫ڵڵ‬Κ ￊ ‫ںڵ‬Κ ￈￦ ‫ڵڶ‬Κ￦ ￉
‫ڶ‬Κ￦ ￊ￦ ‫ڻ‬Κ￦ ￇ￦ ‫ڶڵ‬Κ￦ ￈￦ ‫ڻڵ‬Κ￦ ￇ￦ ‫ڶڶ‬Κ￦ ￇ￦
‫ڷ‬Κ￦ ￇ￦ ‫ڼ‬Κ￦ ￊ￦ ‫ڷڵ‬Κ￦ ￇ￦ ‫ڼڵ‬Κ￦ ￊ￦ ‫ڷڶ‬Κ￦ ￇ￦
‫ڸ‬Κ￦ ￊ￦ ‫ڽ‬Κ￦ ￈￦ ‫ڸڵ‬Κ ￈ ‫ڽڵ‬Κ ￊ￦ ‫ڸڶ‬Κ￦ ￊ￦
‫ڹ‬Κ￦ ￈￦ ‫ڴڵ‬Κ￦ ￈￦ ‫ڹڵ‬Κ￦ ￇ￦ ‫ڴڶ‬Κ￦ ￇ￦ ‫ڹڶ‬Κ￦ ￇ￦

CHAPTER 22: Substantive Test of Intangible Assets, Prepaid Expenses
and Deferred Charges
‫ڵ‬Κ￦ ￇ￦ ‫ں‬Κ￦ ￇ￦ ‫ڵڵ‬Κ￦ ￊ￦
‫ڶ‬Κ￦ ￉￦ ‫ڻ‬Κ￦ ￇ￦ ￦ ￦
‫ڷ‬Κ￦ ￊ￦ ‫ڼ‬Κ￦ ￉￦ ￦ ￦
‫ڸ‬Κ￦ ￈￦ ‫ڽ‬Κ￦ ￈￦ ￦ ￦
‫ڹ‬Κ￦ ￊ￦ ‫ڴڵ‬Κ￦ ￇ￦ ￦ ￦
￦
CHAPTER 25: Substantive Test of Liabilities
‫ڵ‬Κ￦ ￈￦ ‫ں‬Κ￦ ￊ￦ ‫ڵڵ‬Κ ￇ ‫ںڵ‬Κ ￉￦ ‫ڵڶ‬Κ￦ ￊ￦
‫ڶ‬Κ￦ ￈￦ ‫ڻ‬Κ￦ ￉￦ ‫ڶڵ‬Κ￦ ￉￦ ‫ڻڵ‬Κ￦ ￉￦ ‫ڶڶ‬Κ￦ ￉￦
‫ڷ‬Κ￦ ￇ￦ ‫ڼ‬Κ￦ ￇ￦ ‫ڷڵ‬Κ￦ ￇ￦ ‫ڼڵ‬Κ￦ ￉￦ ‫ڷڶ‬Κ￦ ￉￦
‫ڸ‬Κ￦ ￈￦ ‫ڽ‬Κ￦ ￈￦ ‫ڸڵ‬Κ ￉ ‫ڽڵ‬Κ ￊ￦ ‫ڸڶ‬Κ￦ ￈￦
‫ڹ‬Κ￦ ￊ￦ ‫ڴڵ‬Κ￦ ￊ￦ ‫ڹڵ‬Κ￦ ￇ￦ ‫ڴڶ‬Κ￦ ￊ￦ ‫ڹڶ‬Κ￦ ￇ￦
￦
CHAPTER 31: Substantive Test of Shareholders' Equity
‫ڵ‬Κ￦ ￇ￦ ‫ں‬Κ￦ ￇ￦ ‫ڵڵ‬Κ￦ ￊ￦ ‫ںڵ‬Κ￦ ￈￦
‫ڶ‬Κ￦ ￊ￦ ‫ڻ‬Κ￦ ￊ￦ ‫ڶڵ‬Κ￦ ￇ￦ ‫ڻڵ‬Κ￦ ￈￦
‫ڷ‬Κ￦ ￉￦ ‫ڼ‬Κ￦ ￇ￦ ‫ڷڵ‬Κ￦ ￉￦ ‫ڼڵ‬Κ￦ ￊ￦
‫ڸ‬Κ￦ ￈￦ ‫ڽ‬Κ￦ ￊ￦ ‫ڸڵ‬Κ ￊ ‫ڽڵ‬Κ ￊ￦
‫ڹ‬Κ￦ ￇ￦ ‫ڴڵ‬Κ￦ ￉￦ ‫ڹڵ‬Κ￦ ￊ￦ ‫ڴڶ‬Κ￦ ￇ￦
￦
CHAPTER 35: Substantive Test of Income Statement Accounts
‫ڵ‬Κ￦ ￉￦ ‫ں‬Κ￦ ￉￦ ‫ڵڵ‬Κ￦ ￊ￦
‫ڶ‬Κ￦ ￇ￦ ‫ڻ‬Κ￦ ￊ￦ ‫ڶڵ‬Κ￦ ￇ￦
‫ڷ‬Κ￦ ￉￦ ‫ڼ‬Κ￦ ￇ￦ ‫ڷڵ‬Κ ￉
‫ڸ‬Κ￦ ￇ￦ ‫ڽ‬Κ￦ ￉￦ ￦ ￦
‫ڹ‬Κ￦ ￈￦ ‫ڴڵ‬Κ￦ ￊ￦ ￦ ￦
￦
CHAPTER 38: Audit Reporting￦
‫ڵ‬Κ￦ ￇ￦ ‫ں‬Κ￦ ￊ￦ ‫ڵڵ‬Κ￦ ￇ￦ ‫ںڵ‬Κ￦ ￉￦ ‫ڵڶ‬Κ￦ ￊ￦
‫ڶ‬Κ￦ ￇ ‫ڻ‬Κ￦ ￉￦ ‫ڶڵ‬Κ ￉ ‫ڻڵ‬Κ ￉￦ ‫ڶڶ‬Κ￦ ￈￦
‫ڷ‬Κ￦ ￊ￦ ‫ڼ‬Κ￦ ￉￦ ‫ڷڵ‬Κ￦ ￇ￦ ‫ڼڵ‬Κ￦ ￊ￦ ‫ڷڶ‬Κ￦ ￈￦
‫ڸ‬Κ￦ ￈￦ ‫ڽ‬Κ￦ ￇ￦ ‫ڸڵ‬Κ￦ ￈￦ ‫ڽڵ‬Κ￦ ￈￦ ‫ڸڶ‬Κ￦ ￇ￦
‫ڹ‬Κ￦ ￇ￦ ‫ڴڵ‬Κ￦ ￊ￦ ‫ڹڵ‬Κ￦ ￈￦ ‫ڴڶ‬Κ￦ ￈￦ ‫ڹڶ‬Κ￦ ￈￦
￦

1591