【简答题】6 At 31 December 2003 Q, a limited liability company, owned a building that had cost $800,000 on 1 January 1994. It was being depreciated at two per cent per year. On 31 December 2003 a revaluation to...
【单选题】The selected data pertain to a company at 31 December 2003 as the following: Quick Assets $208,000 Quick ratio 2.6 to 1 Current ratio 3.5 to 1 Net sales for 2003 $1,800,000 Cost of good sold for 2003 ...
【简答题】(c) In August 2004 it was discovered that the inventory at 31 December 2003 had been overstated by $100,000. (4 marks) Required: Advise the directors on the correct treatment of these matters, stating...