le Trees 585,000 Grapevines 318,000 Tobacco 180,000 Sugar Cane 224,000 Picked Grapes 118,000 Pickled Fruits 437,000
le Trees 585,000 Grapevines 318,000 Tobacco 180,000 Sugar Cane 224,000 Picked Grapes 118,000 Pickled Fruits 437,000
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Question
The following information pertains to Google Company, a business operating in a diverse agricultural activity
Heifers 300,000
Cows 250,000
Breeder Pigs 100,000
Dairy Cattle 275,000
Mango Trees 425,000
Apple Trees 585,000
Grapevines 318,000
Tobacco 180,000
Sugar Cane 224,000
Picked Grapes 118,000
Pickled Fruits 437,000
Fruit Cocktail 473,000
Skimmed Milk 282,000
Animals in Zoo 835,000
Apples to be harvested next week 215,000
Unprocessed Dairy Milk 305,000
Butter 185,000
How much of the items shall be treated as biological assets under PAS 41? *
A 2,263,000
B 1,377,000
C 1,444,000
D 423,000
How much of the items shall be treated as assets under PAS 2?
A 2,263,000
B 1,377,000
C 1,444,000
D 423,000
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