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(b) During the inventory count on 31 December, some goods which had cost $80,000 were foun

(b) During the inventory count on 31 December, some goods which had cost $80,000 were found to be damaged.

In February 2005 the damaged goods were sold for $85,000 by an agent who received a 10% commission out

of the sale proceeds. (2 marks)

Required:

Advise the directors on the correct treatment of these matters, stating the relevant accounting standard which

justifies your answer in each case.

NOTE: The mark allocation is shown against each of the three matters.

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更多“(b) During the inventory count on 31 December, some goods which had cost $80,000 were foun”相关的问题

第1题

In most supply chains, customer requirements are transmitted in the form of(). A. order B. inven

A.A. order

B.B. inventory

C.C. transport

D.D. warehousing

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第2题

The saved the child_____the fire

A.from

B.in

C.at

D.during

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第3题

These are the highlights of advertising ______ history.

A.across

B. in

C. throughout

D. during

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第4题

[A] During[B] For[C] At[D] Since

[A] During

[B] For

[C] At

[D] Since

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第5题

A business call should be made ().

A.during the rest time

B.during the working hours

C.during the dinner time

D.

E.during the holidays

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第6题

The bridge is ________ construction.A、inB、withC、underD、during

The bridge is ________ construction.

A、in

B、with

C、under

D、during

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第7题

_____ my visit to Europe, I finally arrived ____ Italy.

A.On, in

B.On, at

C.During, in

D.In, at

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第8题

During the current year, the assets of The Big Dial increase by $132,000, and the lia

A.Decreases by $52,000 during the year.

B.Increases by $52,000 during the year.

C.Increases by $212,000 during the year.

D.$52,000 at the end of the year.

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第9题

— When do we have to pay the bill?—____ December 30.A、ByB、InC、During

— When do we have to pay the bill?

—____ December 30.

A、By

B、In

C、During

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第10题

It was during the morning rush hour()the accident happened

A.when

B.that

C.before

D.while

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