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The objectives of your assignment are to give you the opportunity to:
? apply the requirements of NZ financial reporting standards
? prepare annual financial statements for a reporting entity that comply with the
requirements of the Companies Act 1993, the Financial Reporting Act and relevant
Financial Reporting Standards.
Healthy Living Ltd is an NZX-listed natural health company based in the Bay of Plenty.
The company has fourteen wholly owned subsidiary
At its December 31 year end, these securities had a fair value of $ 58,000. This is the first and only time the company purchased such securities.
Gloddy Company makes three products in a single facility. These products have the following unit product costs: How many minutes of mixing machine time would be required to satisfy demand for all three products.
a business is operating at 90 of capacity and is currently purchasing a part used in its manufacturing operations for
Charlotte sold her unincorporated business for $360,000 in 2008. The sales contract allocated $150,000 to equipment, $110,000 to land, and $100,000 to goodwill.
On January 1, 2010, the Sanders Corporation purchased equipment having a fair value of $68,301.30 by issuing a non interest bearing, $100,000, four year note due December 31, 2013.
Prepare journal entries to record issuance of the stock options, termination of stock options, exercise of the stock option and the charges compensation expense for year ending 12/31/2010, 12/31/2011, 12/31/2012
question 1. production budget the following table presents generic motors companys production budget. gms inventory
The bonds mature on December 31, 2032, and pay interest semiannually on June 30 and December 31. Brown Ferring's fiscal period is the calendar year.
gator divers is a company that provides diving services such as underwater ship repairs to clients in tampa bay area.
golden sales has bought 135000 in fixed assets on january 1st associated with sales equipment. the residual value of
joan 45 years old and unmarried contributed 1200 monthly in 2011 to the support of her parents household. the parents
This year the trust is terminated. Albert has a 40% interest in the trust, and Barbara has a 60% interest. Barbara receives a capital loss pass-through of:
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