Week 13 Tutorial Solutions

• ANU College of Business & Economics
• Not Applicable
• BUSN3008 - Financial Reporting for Corporations

Resource Sample

BUSN3008 Tutorial Week 13 Supplementary Readings: Picker et al., Chapter 27, Exercise 27.5 1. TRANSLATION OF ACCOUNTS (a) Translation from functional currency to presentation currency K'000 Revenue Cost of sales: Opening stock Purchases Closing stock Cost of sales Gross profit Depreciation Other expenses K'000 2 585 K'000 0.52 0.54 0.52 0.51 1 820 765 125 270 395 370 200 170 635 805 50 50 100 705 800 200 ____ 1 705 500 580 300 700 (130) 900 (330) 2 5...

Resource Topics

• Asset
• Business
• Depreciation
• Finance
• Financial economics
• Financial statements
• Generally Accepted Accounting Principles
• Income statement
• Retained earnings
• Return of capital
• Valuation

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