INTI INTERNATIONAL UNIVERSITY
Programme: BACHELOR OF ACCOUNTANCY (HONS) - BACCI
Name of Course/Module FINANCIAL REPORTING 1
Course Code: ACC3201
Rationale for the inclusion of the course/module in th
Answer to earlier posted revision question
There is a constructive obligation at the end of the reporting period. A provision of
RM375,000 should be made.
There is no obligation No provision should be made.
A provision equal to
ACC3201 (F) / Page 1 of 5
Given below are the draft financial statements of Fest Bhd.
Statement of comprehensive income for the year ended 31 December x3
Profit on sale of property
EVENTS AFTER THE REPORTING
MFRS 110 defines events after the reporting date as those events, both favourable and
unfavourable, that occur between the end of the reporting period and the date whe
MFRS 102 Inventories
Inventories comprise those:
Held for sale in the ordinary course of business;
In the process of production for such sale; or
In the form of materials or supplies to be consumed in the
production process or in the rendering of services
Revenue is the gross inflow of economic benefits during
the period arising in the course of the ordinary activities of
an entity when those inflows result in increases in equity,
other than increases relating to contributions
.Terma serta syarat-syarat tawaran adalah sepert
1. Tempoh bekerja
Tempoh bekerja adalah tetap, anda akan melalui tempoh percubaan (probation) selamasebulan.
2. Gaji dan Elaun
Gaji yang ditawarkan adalah sebanyak RM1200 sebulan untuk tempoh percubaan danR