(F3 - Revision Materials) Mindmap và các dạng bài tập điển hình

SAPP Academy Tel 0466 709 888
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I. GIỚI THIỆU CHUNG VỀ ĐỀ THI
Đề thi sẽ chia ra làm 2 phần (sections):
• Section A: Multiple Choice Question (MCQs)

o Bao gồm 35 câu hỏi trắc nghiệm với 2 điểm mỗi câu, tổng cộng là 70 điểm.
o Bao phủ toàn bộ kiến thức của môn F3, với những câu hỏi là những câu hỏi ngắn.
o Với những câu hỏi tính toán ACCA thường để ở dạng điền đáp án vào ô trống và
học sinh phải điền những số chính xác.
o Với lý thuyết thường là những câu hỏi multiple question với 4 lựa chọn.
• Section B: Multiple Task Question (MTQs)

o Bao gồm 2 câu hỏi với nhiệm vụ là hoàn thành các ô trống.
o Thông thường câu hỏi thứ 1 sẽ là chuẩn bị báo cáo tài chính đơn giản, câu hỏi thứ 2
là chuẩn bị báo cáo hợp nhất đơn giản.
o Ở phần này các bạn cần nắm chắc được bản chất của 1 báo cáo tài chính cơ bản
những tài khoản nào thuộc SOFP, tài khoản nào thuộc SOFL, tài khoản nào thuộc
Cash Flow, nắm được phương pháp bút toán kép với những giao dịch cơ bản và quy
trình để lập 1 FS đơn giản.
Tips:
• Với thời gian là 2 tiếng, bạn nên dành thời gian tối đa là 90 phút cho Section A tương
đương với 2,5 phút cho 1 câu trắc nghiệm.
• Với 2 câu MTQ(s) ở Section B các bạn nên dành 15 phút cho 1 câu.
• Chú ý không nên sa đà quá vào 1 câu để tránh trường hợp bỏ những câu dễ ở phía sau
cũng như tạo ra 1 áp lực tâm lý cho bản thân. Vì thế các bạn nên có 1 chiến thuật quản
lý thời gian làm bài thi hiệu quả.
1
II. NHỮNG DẠNG BÀI TẬP HAY GẶP TRONG ĐỀ THI

1. Inventory
1.1 Lý thuyết
2
1.2 Các dạng bài tập điển hình

Một số dạng bài tập về Inventory hay gặp trong đề thi ACCA môn FA:
• Xác định giá trị hàng tồn kho trong báo cáo tài chính
• Xác định giá gốc hàng tồn kho
• Xác định giá trị thuần có thể thực hiện được
• Tính giá xuất kho, nhập kho và hàng tồn kho cuối kỳ (FIFO, Weighted Average Cost)
Trong bài sẽ tập trung tìm hiểu 2 dạng bài sau:

Dạng 1: Xác định giá trị hàng tồn kho trong BCTC
Question 1:
The closing inventory at cost of Vinaskirt at 31/01/20X3 amounted to $300,700.
The following items were included at cost in the total:
1. 400 hats, which had cost $50 each and normally sold for $80 each. Owing to a defect in
manufacture, they were all sold after the reporting date at 50% of their normal price.
Selling expenses amounted to 5% of the proceeds.
2. 800 skirts, which had cost $20 each. These too were found to be defective. Remedial
work in February 20X3 cost $5 per skirt, and selling expenses for the batch totaled $800.
They were sold for $30 each.
What should the inventory value be according to IAS 2 Inventories after considering the
above items?
Guidance:
IAS 2 states that inventory should be valued at the lower of Cost and Net realisable value.
3
Cost of Purchase Cost of Other cost directly Trade

purchase price purchase attributable (*) discount
Direct cost Costs directly related to the units of production, eg direct materials, direct labour
Cost of
inventory Cost of
conversion Fixed production overheads
Overheads
cost
Variable production overheads
Other costs Incurred in bringing the inventories to their present location and condition.
Net realizable value Estimated selling Estimated costs of Costs necessary to

(NRV) price completion make the sale
4
Answer:
1. Adjustment for 400 hats (400 hats has a defect in manufacture, therefore, the cost of these
400 hats is the lower of cost and net realizable value)
Cost $50 each hat.
Net Realizable Value = $40 – (40 * 5%)= $38 each hat.
Therefore, the valuation of hat should be written off
2. Adjustment for 800 skirts

At 31/01/20X3 the skirts were correctly valued at costs incurred to date of $20 per skirt which
was lower than the NRV of $24 each. Therefore, no adjustment required.
1. Original value 300,700
2. Hats a, Cost 400 * $50 (20,000)
b, NRV ($40 * 95%) * 400 15,200
3. Inventory value (1) - (2a) + (2b) 295,900
Dạng 2: Tính giá xuất kho, nhập kho và hàng tồn kho cuối kỳ (FIFO, Weighted Average Cost)
Question 2:
A company values its inventory using the first in, first out (FIFO) method. At 1 May 20X2 the
company had 700 engines in inventory, valued at $190 each.
During the year ended 30 April 20X3 the following transactions took place:
20X2
1 July Purchased 500 engines at $220 each
1 November Sold 400 engines for $160,000
20X3
1 February Purchased 300 engines at $230 each
15 April Sold 250 engines for $125,000
Required: What is the value of the company's closing inventory of engines at 30 April 20X3?
5
Guidance:
Step 1: Calculate goods available for sales
Goods available for sales = opening inventory (unit) + total purchased (unit)
Step 2: Calculate total units sold
Step 3: Calculate closing inventory
Closing inventory (unit) = opening inventory units + total units purchased - total units sold
Step 4: Identify FIFO closing inventory.
With FIFO method, closing inventory (units) will include the most recently purchased items
Answer:
Step 1: Calculate goods available for sales
Goods available for sales = opening inventory (unit) + total purchased (unit)
Opening inventory (unit) = 700 = 700 (units)
Total purchased (unit) = 500 (1 Jul X2) + 300 (1 Feb X3) = 800 (units)
→ Goods available for sales (unit) = 700 + 800 = 1,500 (units)
Step 2: Calculate total units sold

Total units sold = 400 (1 Nov X2) + 250 (15 Apr X3) = 650 (units)
Step 3: Calculate closing inventory

Closing inventory (unit) = goods available for sales – total units sold = 1,500 – 650 = 850 (units)
Step 4: Identify FIFO closing inventory.

With FIFO method, closing inventory (units) will include the most recently purchased item.
Closing inventory including:
300 engines (at $230 each) purchased on 1 February X2 300 x $230 $69,000
500 engines (at $220 each) purchased on 1 July X3 500 x $220 $110,000
50 engines (at $190 each) on 1 May X2 50 x $190 $9,500
Closing inventory $188,500
2. Tangible assets
2.1 Lý thuyết
7

Một số dạng bài tập về PPE điển hình trong đề thi ACCA môn FA:
• Xác định capital expenditure và revenue expenditure
• Xác định nguyên giá
• Tính khấu hao
• Đánh giá lại tài sản
• Thanh lý tài sản
Trong bài sẽ tập trung tìm hiểu 2 dạng bài sau:

Dạng 1: Xác định Capital expenditure và Revenue expenditure
Question 1:
T Co sets up his demolition business from scratch on 1 January 20X0. During the year he:
1. Buys a warehouse
2. Pays legal expenses on the purchase
3. Repairs the warehouse roof
4. Rents office premises
5. Builds an extension to the warehouse
Which items represent capital expenditure?
Guidance:
Students should focus on the objectives of the incurred expenses to identify what that
expenses are used for:
Revenue expenditure Capital expenditure
Objectives Maintaining daily business Improving revenue generation

operations capacity
Effects on the Keep the asset in working order • ↑ Useful life

related asset • ↑ Capacity
• ↑ Output quality
• ↓ Operating expenses
Answer: 1,2 and 5

Items 1, 2, 5 are the expenses incurred to acquire and upgrade the warehouses, which
improve the revenue generation capacity.
The rest are the daily expense to maintain the original business operations
8
Dạng 2: Đánh giá lại tài sản

Question 2: Tangible non – current asset (Revaluation surplus)
Nam Son, a construction joint stock company, purchased a building on 30/06/20X8 for
$1,500,000. At acquisition, the useful life of the building was 50 years. Depreciation is
calculated on the straight – line basis. 15 years later, on 30/06/20Z3 when the carrying
amount of the building was $1,050,000, the building was revalued to $1,575,000. Pooh Co has
a policy of transferring the excess depreciation on revaluation from the revaluation surplus
to retained earnings.
Assuming no further revaluations take place, what is the balance on the revaluation at
30/06/20Z4?
Answer:
Step 1: Calculate Carrying amount at the revaluation date
Carrying amount = Cost – Accumulated depreciation
Carrying amount = $1,050,000
Step 2: Calculate the revaluation surplus

The revaluation surplus = Gain on the revaluation
Carrying amount < Revalued amount → There is gain on the revaluation
Revalued amount = $1,575,000
Carrying amount = $1,050,000
→ Gain on the revaluation = $1,575,000 - $1,050,000 = $525,000
The revaluation surplus = $525,000
Step 3: Calculate the excess depreciation

The excess depreciation = The difference between the new depreciation and the old
depreciation.
The old depreciation = $1,500,000/50 years = $30,000
The new depreciation = $1,575,000/35 years = $45,000
→ The excess depreciation = $45,000 - $30,000 = $15,000
Step 4: Calculate the balance on the revaluation surplus

The balance on RS = The revaluation surplus (Step 2) – The excess depreciation (Step 3)
= $525,000 - $15,000 = $510,000.
9
Dạng 3: Thanh lý tài sản

Question 3:
A company purchased an asset on 1 January 20X3 at a cost of $1,000,000. It is depreciated
over 50 years by the straight line method (nil residual value), with a proportionate charge for
depreciation in the year of acquisition and the year of disposal. At 31 December 20X4 the
asset was re-valued to $1,200,000. There was no change in the expected useful life of the
asset.
The asset was sold on 30 June 20X5 for $1,195,000.
What profit or loss on disposal of the asset will be reported in the statement of profit or loss
of the company for the year ended 31 December 20X5?
Answer:
Step 1: Determine the Sale/Disposal price/Proceeds
Sale/ Disposal price/Proceeds $1,195,000
Step 2: Determine the carrying value of the asset

New valuation (At 1/1/20X5) $1,200,000
Accumulate Depreciation to 30/6/20X5: $12,500
(1,200,000/48 * 6/12 = 12,500)
Carrying amount $1,187,500
Step 3:Determine the profit/loss on disposal

Sale/ Disposal price $1,195,000
Carrying amount $1,187,500
Profit on disposal $7,500
Note: The balance on the revaluation surplus at 30 June will be transferred to realised profits
(retained profits reserve), but this will not be reported as profit in the statement of profit or
loss
3. Intangible assets
3.1 Lý thuyết
11
3.2 Dạng bài tập điển hình

Một số dạng bài tập về Intangible assets điển hình trong đề thi ACCA môn FA:
• Xác định tài sản cố định vô hình
• Xác định Research cost và Development cost
• Xác định khấu hao cho tài sản cố định vô hình
Trong bài sẽ tập trung tìm hiểu dạng bài: Xác định research cost và development cost
Question 1: Intangible non – current asset
The following balances existed in the accounting records of SAPP Academy, at 31/12/20X7.
$’000
Development costs capitalized, 01/01/20X7 190
Research and development expenditure for the year 160
In preparing the company’s statement of profit or loss and other comprehensive income and
statement of financial position at 31/12/20X7 the further information is relevant.
a) The $190,000 total for development costs as at 01/01/20X7 relates to two projects:
$’000
Project A: completed project

82
(Balance being amortized over the period expected to benefit it)
(Amount to be amortized in 20X7: $20,000)
Project B: in progress 108
190
b) The research and development expenditure for the year is made up of:
$’000
Research and expenditure 95
Development costs on project which continues to satisfy the
requirement in IAS 38 for capitalization 65
160
12
According to IAS 38 Intangible assets, what amount should be disclosed as an intangible

asset in the statement of financial position for the year end 31/12/20X7?
Answer:
According to IAS 38:
Step1: Separate Research Cost and Development Cost
Research is original and planned investigation undertaken with the prospect of gaining
new scientific or technical knowledge and understanding. Research costs should be
recognised as an expense in the period in which they are incurred. They should not be
recognised as an asset in a later period.
In the above question, the research expenditure is $95,000, will not be recorded as
Intangible non – current asset.
Development is the application of research findings or other knowledge to a plan or design

for the production of new or substantially improved materials, devices, products,
processes, systems or services prior to the commencement of commercial production or
use. Development expenditure must be recognised as an intangible asset if, and only if,
the business can demonstrate that all of the criteria in IAS 38 have been met (PIRATE)
In the above question, the development cost is $65,000 from project B (eligible for
capitalization)
Step 2: Determined the Tangible non- current asset amount
In the above question, with the account Tangible non – current asset, the opening balance
is $190,000, with the amortization is $20,000. During the period, the bonus development
expenditure is $65,000 from project B (eligible for capitalization); the research
expenditure is $95,000, will not be recorded as Intangible non – current asset.
Development costs
$ $
B/f 190,000 Amortization 20,000
Addition on project B 65,000 C/f 235,000
255,000 255,000
Tangible non- current asset amount at 31/12/20X7: $235,000
13
4. Accruals & Prepayments

4.1 Lý thuyết
Accrued expenses & Prepaid expenses:
14
Deferred income & Accrued income:

Deferred income (income received in advance) should be deferred to the following period.
Therefore, we can:
• Recognize the deferred income of the previous period; and
• Eliminate the deferred income of recent period.
Accrued income (income received in arrears) still is recognized as income generated in the
recent period. Therefore, we can:
• Recognize the deferred income of the recent period; and
• Eliminate the deferred income of the next period or previous period.

Có 2 dạng bài chính liên quan đến Accruals & prepayment hay gặp trong đề thi ACCA môn
FA:
Dạng 1: Xác định khoản accruals and prepayment trên BCTC
Question 1:
During 20X6, Bingo, a limited liability company about education services, paid a total of
$90,000 for rent, covering the period from 01/10/20X5 to 31/03/20X7.
What figure should appear in the company’s financial statements for the year ended
31/12/20X6?
Guidance:
Step 1: Identify Time-apportioned for rental expense and prepaid expense
Step 2: Calculate rental expense (Statement of profit or loss)
Rental expense = Old annual rental expense x Time-apportioned + New annual rental
expense x Time-apportioned
Step 3: Calculate prepayment (Statement of financial position)
Prepayment = Annual rental expense
15
Answer:
Step 1: Identify Time-apportioned for rental expense and prepaid expense
Old annual rent New annual rent

(3 months) (12 months) Prepayment
(3 months)
1/10/X5 31/12/X5 31/12/X6 31/3/X7
$90,000 for rent, covering the period of 18 months, including 03 months of 20X5, full year of
20X6 and 03 months of 20X7.
Step 2: Calculate rental expense (Statement of profit or loss)

So in the statement of profit or loss in 20X6, the expense for rent is:
$90,000 * 12/18 = $60,000
Step 3: Calculate prepayment (Statement of financial position)
In the statement of financial position, the prepayment covering 03 months of 20X7 will be
classified as Asset, valuing:
$90,000 * 3/18 = $15,000
Dạng 2: Xác định Deferred income and Accrued income xuất hiện trên BCTC
Question 2:
House4rent, a limited liability company, receives rent for subletting part of its office premises
to a number of tenants.
In the year end in 31/12/20X1, House4rent Co received cash of $400,000 from its tenants.
Detail of rent in advance and in arrears at the beginning and end of 20X1 are as follows:
20X1 31/12/20X0
Rent received in advance $18,400 $14,600
Rent owing by tenants $8,300 $6,900
All rent owing was subsequently received

What figure for rental income should be included in the statement of profit or loss of
House4rent for 20X1?
Answer:
• Rent received in advance, for example in 31/12/20X1, means that House4rent only
receives in advance, this money is not an expense incurred in 20X1 (It will be paid for
the rent of 20X2).
Therefore, the opening rent received in advance is in the Credit column of Rental
income accounts
• Rent owing to tenants is inverse, for example in 31/12/20X1, this money is charged for
the rent expenses incurred in 20X1, but the customer still does not pay.
Therefore, the opening rent owning by tenants is in the Debit column of Rental income
accounts
Rental income account

$ $
Opening rent owing 6,900 Opening rent in advance 14,600
Rent income (balance figure) 397,600 Cash received 400,000
Closing rent in advance 18,400 Closing rent owing 8,300
422,900 422,900
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5. Allowances for receivables

5.1 Lý thuyết

Các dạng bài liên quan đến Allowance for receivables hay gặp trong đề thi ACCA môn FA
bao gồm:
• Tính chi phí nợ xấu (Bad debt expenses/Irrecoverable debt expenses/ Receivables
expense)
• Xác định số dư khoản mục Khoản phải thu (Receivables account)
• Xác định bút toán cho việc trích lập dự phòng khoản phải thu.
Lưu ý: Ngoài các dạng bài trên, học viên cần nắm bắt được cách phân biệt giữa Specific
allowance và General allowance. Specific allowance nên được giảm trừ vào số dư của khoản
mục Receivables trước khi tính General allowance.
Trong bài sẽ tập trung vào 2 dạng bài sau:

Dạng 1: Tính chi phí cho các khoản phải thu (Receivables expenses)
Question 1:
At 31 December 20X2 a company's receivables totalled $400,000 and an allowance for
receivables of $50,000 had been brought forward from the year ended 31 December 20X1. It
was decided to write off debts totalling $38,000. The allowance for receivables was to be
adjusted to the equivalent of 10% of the receivables.
What charge for receivables expense should appear in the company's statement of profit or
loss for the year ended 31 December 20X2?
Guidance:
The charge to the statement of profit or loss is irrecoverable debts expense. There are some
entries you should remember:
(i) The entry made when we write off receivables as irrecoverable debts:
DR: Irrecoverable debts expense (SOPL)
CR: Trade receivables (SOFP)
(ii) The entry made when we receive money from a written off irrecoverable debts:
DR: Cash (SOPL)
CR: Irrecoverable debts expense (SOPL)
(iii) The entry when there is an increase in allowance for receivables:
DR: Irrecoverable debts expense (SOPL)
CR: Allowance for receivables (SOFP)
(iv) The entry when there is a decrease in allowance for receivables:
DR: Allowance for receivables (SOFP)
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CR: Irrecoverable debts expense (SOPL)
IRRECOVERABLE DEBTS EXPENSE ACCOUNT

$ $
Irrecoverable debt expense (i) X Cash (ii) X
Increase in allowance (iii) X Decrease in allowance (iv) X
Balance (credit to PL) X Balance (charge to SOPL) X
X X
Answer:
There are 2 transactions needed to adjust:
(1) The company wants to write off a receivables of $38,000 as irrecoverable debt.
The double entry is:
DR: Irrecoverable debts expense (SOPL) $38,000
CR: Trade receivables (SOFP) $38,000
(2) The company wants to make a 10% allowance for receivable

Closing balance of receivables to make allowances = $400,000-$38,000 = $362,000
The allowance for receivables made for the year end= $362,000 * 10%=$36,200
→ There is a decrease in allowance for receivables of $13,800 ($50,000 - $36,200), the
double entry is:
DR: Allowance for receivables (SOFP) $13,800
CR: Irrecoverable debts expense (SOPL) $13,800
IRRECOVERABLE DEBTS EXPENSE ACCOUNT

$ $
Irrecoverable debt expense (1) 38,000
Decrease in allowance 13,800
Balance 24,200
38,000 38,000
→ The irrecoverable debts expense charge to SOPL = $24,200

Dạng 2: Phân biệt Specific allowance và General allowance

Question 2: Allowance for receivables
At 31/12/20X7, SAPP’s trade receivables totaled $900,000. SAPP knew that Ms. Hoa who is
involved in a litigation and potentially bankrupt, and SAPP decided to make the allowance
70% for her debts, it originally valued $10,000.
According to SAPP’s policy, it will adjust the allowance for receivables to the equivalent of 5%
of the receivables. At that date, Ms. Hien, whose debt were previously written off last year,
paid $15,000.
What figures will be appeared in the statement of financial position (SOFP) for trade
receivables (after deducting the allowance) and in the financial statement of profit or loss
(SOPL) for receivables expense?
Answer:
The allowance of bad debts is divided to Specific Allowance and General Allowance.
Ms. Hoa’s debts is an example of specific allowance, when it is applied for only Ms. Hoa.
And the 5% of the receivables above is made as the General allowance for the rest of
Receivables after deducting the Specific Allowance.
$
Total receivables 900,000
Specific allowance (=10,000 * 70%) (7,000)
893,000
General allowance (=893,000 * 5%) (44,650)
Net receivable in the SOFP 848,350
Both the Specific and General Allowance will be recorded as:

DR Irrecoverable debts expense (SOPL)
CR Receivables account (SOFP)
And when a customer whose debts were previously written off and subsequently paid in
this period, the company will be recorded:
DR Cash account
21
CR Irrecoverable debts expense (SOPL)

So, the figure in the SOPL will be:
Irrecoverable debts expense
$ $
Specific allowance 7,000 Subsequently paid 15,000
General allowance 44,650 C/f 36,650
51,650 51,650
Note: The difference between IFRS and VAS when recording the debts which were
previously written off and subsequently paid in this period (paid in full or in part). IFRS:
DR Cash account
CR Irrecoverable debts expense (SOPL)
6. Unrealized profit & Goodwill

6.1 Lý thuyết
23

Đề thi ACCA môn FA sẽ bao gồm dạng bài xác định giá trị unrealized profit và goodwill. Điển
hình như bài tập sau:
Question 1: Liverton and Everpool
The summarised statements of profit or loss of two companies, Liverton and Everpool, for the
year ended 31 May 20X6 are provided below.
Liverton acquired 3,000,000 ordinary shares in Everpool for $3,500,000 on 1 June 20X4. At
that time, the retained earnings of Everpool were $200,000 and the fair value of the non-
controlling interest in Everpool was $1,000,000.
STATEMENTS OF PROFIT OR LOSS FOR THE YEAR ENDED 31 MAY 20X6
Liverton Everpool
$’000 $’000
Sales revenue 6,400 2,600
Cost of sales (3,700) (1,450)
Gross profit 2,700 1,150
Distribution costs (1,100) (490)
Administrative expenses (700) (320)
Profit from operations 900 340
Dividends received from Everpool 150 -
Profit before tax 1,050 340
Tax (400) (80)
Profit for the year 650 260
The following information is also available.

a) Everpool's total share capital consists of 4,000,000 ordinary shares of $1 each.
b) During the year ended 31 May 20X6 Liverton sold goods costing $120,000 to Everpool for
$200,000. At 31 May 20X6, 60% of these goods remained in Everpool's inventory.
Required 1:
Complete the following to determine goodwill on acquisition of Everpool.
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Fair value of consideration transferred
Fair value of non-controlling interest
Total
Fair value of net assets acquired:
Share capital
Retained earnings
Total
Goodwill
Required 2:
Calculate the unrealised profit on Liverton's sales to Everpool.
Answer:
Required 1:
Complete the following to determine goodwill on acquisition of Everpool.
Fair value of consideration transferred (per question) $3,500,000
Fair value of non-controlling interest (per question) $1,000,000
Total $4,500,000
Fair value of net assets acquired:
Share capital (Statement a) $4,000,000
Retained earnings at acquisition (Per question) $200,000
25
Total $4,200,000
Goodwill $300,000
Required 2:
Calculate the unrealised profit on Liverton's sales to Everpool.
$48,000
Unrealised profit: ((200,000 – 120,000)  60%=48,000

(F3 - Revision Materials) Mindmap và các dạng bài tập điển hình

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(F3 - Revision Materials) Mindmap và các dạng bài tập điển hình

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I. GIỚI THIỆU CHUNG VỀ ĐỀ THI

Đề thi sẽ chia ra làm 2 phần (sections):

• Section A: Multiple Choice Question (MCQs)

• Section B: Multiple Task Question (MTQs)

II. NHỮNG DẠNG BÀI TẬP HAY GẶP TRONG ĐỀ THI

1.2 Các dạng bài tập điển hình

Trong bài sẽ tập trung tìm hiểu 2 dạng bài sau:

Cost of Purchase Cost of Other cost directly Trade

Net realizable value Estimated selling Estimated costs of Costs necessary to

2. Adjustment for 800 skirts

1. Original value 300,700

2. Hats a, Cost 400 * $50 (20,000)

b, NRV ($40 * 95%) * 400 15,200

3. Inventory value (1) - (2a) + (2b) 295,900

Step 2: Calculate total units sold

Step 3: Calculate closing inventory

Step 4: Identify FIFO closing inventory.

2.2 Các dạng bài tập điển hình

Trong bài sẽ tập trung tìm hiểu 2 dạng bài sau:

Revenue expenditure Capital expenditure

Objectives Maintaining daily business Improving revenue generation

Effects on the Keep the asset in working order • ↑ Useful life

Answer: 1,2 and 5

Dạng 2: Đánh giá lại tài sản

Step 2: Calculate the revaluation surplus

Step 3: Calculate the excess depreciation

Step 4: Calculate the balance on the revaluation surplus

Dạng 3: Thanh lý tài sản

Step 2: Determine the carrying value of the asset

Step 3:Determine the profit/loss on disposal

3.2 Dạng bài tập điển hình

Project A: completed project

According to IAS 38 Intangible assets, what amount should be disclosed as an intangible

Development is the application of research findings or other knowledge to a plan or design

Step 2: Determined the Tangible non- current asset amount

Tangible non- current asset amount at 31/12/20X7: $235,000

4. Accruals & Prepayments

Deferred income & Accrued income:

4.2 Các dạng bài tập điển hình

Old annual rent New annual rent

1/10/X5 31/12/X5 31/12/X6 31/3/X7

Step 2: Calculate rental expense (Statement of profit or loss)

$90,000 * 3/18 = $15,000

Rent received in advance $18,400 $14,600

Rent owing by tenants $8,300 $6,900

All rent owing was subsequently received

Rental income account

5. Allowances for receivables

5.2 Các dạng bài tập điển hình

Trong bài sẽ tập trung vào 2 dạng bài sau:

CR: Irrecoverable debts expense (SOPL)

IRRECOVERABLE DEBTS EXPENSE ACCOUNT

(2) The company wants to make a 10% allowance for receivable

IRRECOVERABLE DEBTS EXPENSE ACCOUNT

→ The irrecoverable debts expense charge to SOPL = $24,200

Dạng 2: Phân biệt Specific allowance và General allowance

Both the Specific and General Allowance will be recorded as:

CR Irrecoverable debts expense (SOPL)

6. Unrealized profit & Goodwill

6.2 Các dạng bài tập điển hình

STATEMENTS OF PROFIT OR LOSS FOR THE YEAR ENDED 31 MAY 20X6

Sales revenue 6,400 2,600