Q1 Why do Corporations need financial reporting Standards? Explain the two major standard Setters
Q2. Accounting Information system takes in the whole process of accounting cycle. Explain each step in the accounting cycle with a numerical example of your own
Q3. A. What do you understand by allocation to non-controlling interest and discontinued operations? Explain how are they reported in the income statement. B. Intraperiod Tax Allocation. XYZ Co. has income before income tax of SR 50000. It has a gain of SR 10000 from a discontinued operation. Assuming a 35 percent income tax rate how would XYZ Co. present the information on the income statement and if it has a loss of SR 10000 from a discontinued operation. Assuming a 35 percent income tax rate show the changes in Income on the income statement Q4. Presented below are a number of statement of financial position items for ABC Inc. for the current year 2020. Goodwill SR 125000 Accumulated Depreciation – Equipment SR 292000 Payroll Taxes Payable 177591 Inventories 239800 Bonds Payable 285000 Rent Payable – Short-term 45000 Cash 360000 Taxes Payable 98362 Land 480000 Long-term Rental Obligations 480000 Notes Receivable 445700 Share Capital – Ordinary $1 Par Value 200000 Notes Payable to Banks 265000 Share Capital – Preference $10 Par Value 150000 Accounts Payable 490000 Prepaid Expenses 87920 Retained Earnings 713897 Equipment 1470000 Income Taxes Receivable 97630 Trading Securities 121000 Unsecured Notes Payable (Long-term) 1600000 Accumulated Depreciation – Building 270200 Building 1640000 Prepare a classified statement of financial position in good form as per IFRS. Assume that notes receivable and notes payable are short-term unless stated otherwise. Cost and fair value of trading securities are the same Requirements: number | .doc file
We confidently assure you of high-quality work. We engage several strategies to guarantee top-level assignments. The projects go through a thorough system of control before being submitted to the customers. We guarantee that the assignments delivered are 100 percent plagiarism-free.
We never share or resell customer’s work. Therefore, once it is checked using our plagiarism software, the assignment will be original. In terms of assignment completion, we adhere to the guidelines given by you and assign the work to the most suitable writer. We assign our writers based on various factors such as academic qualification, previous customer feedback, etc.
First and foremost, we provide high-quality work. However, in case you require extra-brilliance, here is what you can do. First, select a top writer who is proficient in a certain discipline. Second, you can seek our editing services.
Our team of editors revises the assignments, checking them to ensure they comply with academic writing standards. Additionally, editing may entail refining the language, adding more reference material, and making sure the formatting part is properly done. The editors may also enhance papers completed by yourself to meet your needs.
All of our professional essay writers are highly educated, experienced, and have studied at accredited institutions around the world. Some have even been published in academic journals within their field. With our team, you know you’re in the best hands with a company that truly cares about your academic achievements and success.
If this is all starting to sound too good to be true, here’s a little bit more about how it all works. First, fill out our custom essay form or get a quote form, and let us know your deadline, instructions, and any other details that would help. Once that’s all set, we’ll get you connected with a top writer in your discipline or subject area. After your essay is written, it goes through quality assurance and a plagiarism checker before it gets delivered to you, on time, before your deadline. All you have to do is download it and you’re ready to go!
During the process, our exceptionally friendly and supportive customer service team is on hand and accessible 24/7 to answer any of your questions. Think of us as your support network here by your side to help you soar to success. Ready to get started with our affordable essay writing service and make your student life more stress-free? Get your free quote now.
Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.
You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.
Read moreEach paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.
Read moreThanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.
Read moreYour email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.
Read moreBy sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.
Read more