Ascertain the amount that would be reported on the company’s 2017 and 2018 balance sheets for land and buildings, under the U.S accounting rules.

Question

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Answer 1

Question

Chapter 8, Problem 23AE

a.

To determine

Ascertain the amount that would be reported on the company’s 2017 and 2018 balance sheets for land and buildings, under the U.S accounting rules.

b.

To determine

Ascertain the amount of depreciation expenses for building that would be reported for 2018, Under U.S accounting rules.

c.

To determine

Ascertain the amount that would be reported on the company’s 2017 and 2018 balance sheets for land and buildings, under IFRS Revaluation.

d.

To determine

Ascertain the amount of depreciation expenses for building that would be reported for 2018, Under IFRS Revaluation.

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Answer 2

Question

Chapter 8, Problem 23AE

a.

To determine

Ascertain the amount that would be reported on the company’s 2017 and 2018 balance sheets for land and buildings, under the U.S accounting rules.

b.

To determine

Ascertain the amount of depreciation expenses for building that would be reported for 2018, Under U.S accounting rules.

c.

To determine

Ascertain the amount that would be reported on the company’s 2017 and 2018 balance sheets for land and buildings, under IFRS Revaluation.

d.

To determine

Ascertain the amount of depreciation expenses for building that would be reported for 2018, Under IFRS Revaluation.

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Answer 3

Question

Chapter 8, Problem 23AE

a.

To determine

Ascertain the amount that would be reported on the company’s 2017 and 2018 balance sheets for land and buildings, under the U.S accounting rules.

b.

To determine

Ascertain the amount of depreciation expenses for building that would be reported for 2018, Under U.S accounting rules.

c.

To determine

Ascertain the amount that would be reported on the company’s 2017 and 2018 balance sheets for land and buildings, under IFRS Revaluation.

d.

To determine

Ascertain the amount of depreciation expenses for building that would be reported for 2018, Under IFRS Revaluation.

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Answer 4

Question

Chapter 8, Problem 23AE

a.

To determine

Ascertain the amount that would be reported on the company’s 2017 and 2018 balance sheets for land and buildings, under the U.S accounting rules.

b.

To determine

Ascertain the amount of depreciation expenses for building that would be reported for 2018, Under U.S accounting rules.

c.

To determine

Ascertain the amount that would be reported on the company’s 2017 and 2018 balance sheets for land and buildings, under IFRS Revaluation.

d.

To determine

Ascertain the amount of depreciation expenses for building that would be reported for 2018, Under IFRS Revaluation.

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Answer 5

Chapter 8, Problem 23AE

a.

To determine

Ascertain the amount that would be reported on the company’s 2017 and 2018 balance sheets for land and buildings, under the U.S accounting rules.

b.

To determine

Ascertain the amount of depreciation expenses for building that would be reported for 2018, Under U.S accounting rules.

c.

To determine

Ascertain the amount that would be reported on the company’s 2017 and 2018 balance sheets for land and buildings, under IFRS Revaluation.

d.

To determine

Ascertain the amount of depreciation expenses for building that would be reported for 2018, Under IFRS Revaluation.

Answer 6

Chapter 8, Problem 23AE

a.

To determine

Ascertain the amount that would be reported on the company’s 2017 and 2018 balance sheets for land and buildings, under the U.S accounting rules.

Answer 7

Chapter 8, Problem 23AE

a.

To determine

Ascertain the amount that would be reported on the company’s 2017 and 2018 balance sheets for land and buildings, under the U.S accounting rules.

Answer 8

b.

To determine

Ascertain the amount of depreciation expenses for building that would be reported for 2018, Under U.S accounting rules.

Answer 9

b.

To determine

Ascertain the amount of depreciation expenses for building that would be reported for 2018, Under U.S accounting rules.

Answer 10

c.

To determine

Ascertain the amount that would be reported on the company’s 2017 and 2018 balance sheets for land and buildings, under IFRS Revaluation.

Answer 11

c.

To determine

Ascertain the amount that would be reported on the company’s 2017 and 2018 balance sheets for land and buildings, under IFRS Revaluation.

Answer 12

d.

To determine

Ascertain the amount of depreciation expenses for building that would be reported for 2018, Under IFRS Revaluation.

Answer 13

d.

To determine

Ascertain the amount of depreciation expenses for building that would be reported for 2018, Under IFRS Revaluation.

Answer 14

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Answer 15

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Answer 16

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Answer 17

Ch. 8 - Prob. 1Q Ch. 8 - Prob. 2Q Ch. 8 - Prob. 3Q Ch. 8 - Prob. 4Q Ch. 8 - Prob. 5Q Ch. 8 - Prob. 6Q Ch. 8 - Prob. 7Q Ch. 8 - Prob. 8Q Ch. 8 - Prob. 9Q Ch. 8 - Prob. 10Q

Ascertain the amount that would be reported on the company’s 2017 and 2018 balance sheets for land and buildings, under the U.S accounting rules.

Ascertain the amount that would be reported on the company’s 2017 and 2018 balance sheets for land and buildings, under the U.S accounting rules.

Ascertain the amount of depreciation expenses for building that would be reported for 2018, Under U.S accounting rules.

Ascertain the amount that would be reported on the company’s 2017 and 2018 balance sheets for land and buildings, under IFRS Revaluation.

Ascertain the amount of depreciation expenses for building that would be reported for 2018, Under IFRS Revaluation.

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Chapter 8 Solutions