Homework Help is Here – Start Your Trial Now!
Business
Accounting
nd the Other Nonoperating Loss or Gain 2019:

nd the Other Nonoperating Loss or Gain 2019:

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
See similar textbooks
icon
Related questions
Question

Find the Other Nonoperating Loss or Gain 2019: 

Note 2.8.1/33 2.8.3 Operating Income Income from foreign currency financial assets Interest income Trading gain/(loss) - foreign Fees - foreign Premium received on call/put option Miscellaneous income Expenses on foreign currency financial liabilities Interest expense 2.8.1/33 Other foreign currency expenses Impairment on foreign currency financial accounts 2.9.3/35 Foreign currency income Income from local currency financial assets Interest income 2.8.1/33 Trading gain domestic Expenses on local currency financial liabilities Interest expenses 2.8.1/33 Final tax paid on interest income/discounts Impairment on local currency financial accounts 2.9.3/35 Local currency loss Income from net financial accounts Other operating income 34 Currency printing and minting cost 36 Operating expenses 37 Net income before FX rates fluctuation Net gain on FX rates fluctuation 2.8.3/34 Net Income before income tax Income tax expense 2.28/42 Net Income for the year 38 2018 2019 (as restated) 82,418,360,056 67,576,377,472 11,091,443,042 (19,465,903,463) 28,636,192 12,221,263 0 573,798,652 331,250,516 424,450,373 93,869,689,806 49,120,944,297 (6,397,984,814) (4,320,947,041) (917,189,455) (921,266,046) (24,042,675) 0 (7,339,216,944) (5,242,213,087) 86,530,472,862 43,878,731,210 17,997,093,034 10,585,157,785 32,537 113,747 17,997,125,571 10,585,271,532 (38,290,197,323) (25,613,669,503) (2,626,910,248) (1,569,967,887) (852,096,126) (58,080,338) (41,769,203,697) (27,241,717,728) (23,772,078,126) (16,656,446,196) 62,758,394,736 27,222,285,014 9,809,382,832 8,333,034,843 (12,472,751,338) (11,259,710,644) (25,753,209,678) (22,529,373,121) 34,341,816,552 1,766,236,092 14,725,317,304 53,107,589,860 49,067,133,856 54,873,825,952 (2,828,194,387) (15,253,509,923) 46,238,939,469 39,620,316,029
Transcribed Image Text:Note 2.8.1/33 2.8.3 Operating Income Income from foreign currency financial assets Interest income Trading gain/(loss) - foreign Fees - foreign Premium received on call/put option Miscellaneous income Expenses on foreign currency financial liabilities Interest expense 2.8.1/33 Other foreign currency expenses Impairment on foreign currency financial accounts 2.9.3/35 Foreign currency income Income from local currency financial assets Interest income 2.8.1/33 Trading gain domestic Expenses on local currency financial liabilities Interest expenses 2.8.1/33 Final tax paid on interest income/discounts Impairment on local currency financial accounts 2.9.3/35 Local currency loss Income from net financial accounts Other operating income 34 Currency printing and minting cost 36 Operating expenses 37 Net income before FX rates fluctuation Net gain on FX rates fluctuation 2.8.3/34 Net Income before income tax Income tax expense 2.28/42 Net Income for the year 38 2018 2019 (as restated) 82,418,360,056 67,576,377,472 11,091,443,042 (19,465,903,463) 28,636,192 12,221,263 0 573,798,652 331,250,516 424,450,373 93,869,689,806 49,120,944,297 (6,397,984,814) (4,320,947,041) (917,189,455) (921,266,046) (24,042,675) 0 (7,339,216,944) (5,242,213,087) 86,530,472,862 43,878,731,210 17,997,093,034 10,585,157,785 32,537 113,747 17,997,125,571 10,585,271,532 (38,290,197,323) (25,613,669,503) (2,626,910,248) (1,569,967,887) (852,096,126) (58,080,338) (41,769,203,697) (27,241,717,728) (23,772,078,126) (16,656,446,196) 62,758,394,736 27,222,285,014 9,809,382,832 8,333,034,843 (12,472,751,338) (11,259,710,644) (25,753,209,678) (22,529,373,121) 34,341,816,552 1,766,236,092 14,725,317,304 53,107,589,860 49,067,133,856 54,873,825,952 (2,828,194,387) (15,253,509,923) 46,238,939,469 39,620,316,029
Expert Solution
steps

Step by step

Solved in 2 steps

SEE SOLUTIONCheck out a sample Q&A here
Blurred answer
Knowledge Booster
Tax loss carryovers
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, accounting and related others by exploring similar questions and additional content below.
Recommended textbooks for you
FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
Accounting
ISBN:
9781259964947
Author:
Libby
Publisher:
MCG
Accounting
Accounting
Accounting
ISBN:
9781337272094
Author:
WARREN, Carl S., Reeve, James M., Duchac, Jonathan E.
Publisher:
Cengage Learning,
Accounting Information Systems
Accounting Information Systems
Accounting
ISBN:
9781337619202
Author:
Hall, James A.
Publisher:
Cengage Learning,
Horngren's Cost Accounting: A Managerial Emphasis…
Horngren's Cost Accounting: A Managerial Emphasis…
Accounting
ISBN:
9780134475585
Author:
Srikant M. Datar, Madhav V. Rajan
Publisher:
PEARSON
Intermediate Accounting
Intermediate Accounting
Accounting
ISBN:
9781259722660
Author:
J. David Spiceland, Mark W. Nelson, Wayne M Thomas
Publisher:
McGraw-Hill Education
Financial and Managerial Accounting
Financial and Managerial Accounting
Accounting
ISBN:
9781259726705
Author:
John J Wild, Ken W. Shaw, Barbara Chiappetta Fundamental Accounting Principles
Publisher:
McGraw-Hill Education
SEE MORE TEXTBOOKS