Professional Documents
Culture Documents
example-2
example-2
year 2013
Depreciation 3000
(December 31/ 2013) Book value 33,000
year 2014
Depreciation 3000
(December 31/ 2014) Book value 30000
\
2. According to the double-declining-balance method
Depreciation rate accoording to the double - declining - balance method = Depreciation rate acoordin
year 2013
Depreciation 7200
Book value 28800
year 2014
Depreciation 5760
Book value 23040
ance method = Depreciation rate acoording to straight line method * adjustment coefficient
(36,000*20%)
( 36,000 - 7,200)
(28,800*20%)
( 28,800 - 5,760)
(36,000 - 6,000)/500,000*25,000
( 36,000 - 1,500)
Before revaluation %
Equipment value 350,000 0.92
Depreciation of fixed asset 25,000 0.92
Residual value 325,000 0.92
4. Repeat requirement 2 assuming that the fair value of the equipment at the end of 2013
Before revaluation %
Equipment value 350,000 1.04
Depreciation of fixed asset 25,000 1.04
Residual value 325,000 1.04
28,000
After revaluation
364000
26000
338,000
1,000
12,000
* Required Pass Journals
At December 31, 20X1
Dr Amortization Expense 2,000
Cr Accumulated Amortization 2,000
The journal entries to be recorded in the book of account in 20X2 to reflect the increase in car
Dr Accumulated Amorization 4,000
Dr Cost 2,000
Cr Revaluation Reserve 6,000
The net result is that the asset has a revised carrying amount of 12,000
flect the increase in carrying value:
( 10,000-4,000+6,000)
1. Identificaqtion of CGU
In this case, CGU is a plant in Alandia as a whole, as individual assets do not generate cash inflows largely
Discount factor
Formula used: DF= 1/(1+r)^year
8,195+(-15,000))
5,000+8,000+2,000+(-15,000))
0,000-43,195)
Continue experiment 4:
On February 1, 20X3, Worker finished equipping the curtains, so the monthly rent was reduced by CU200 for the next 12 mo
Rent payments are also adjusted according to the inflation rate as initially agreed in the contract.
Please process the transactions on the Worker's financial statements for the fiscal year ending December 31, 20X3?
1. Remeasure Liabilities
02/20X3 1 2,042
03/20X3 2 2,042
04/20X3 3 2,042
05/20X3 4 2,042
06/20X3 5 2,042
07/20X3 6 2,042
08/20X3 7 2,042
09/20X3 8 2,042
10/20X3 9 2,042
11/20X3 10 2,042
12/20X3 11 2,042
01/20X4 12 2,042
02/20X4 13 2,042
03/20X4 14 2,042
04/20X4 15 2,042
05/20X4 16 2,042
06/20X4 17 2,042
07/20X4 18 2,042
08/20X4 19 2,042
09/20X4 20 2,042
10/20X4 21 2,042
11/20X4 22 2,042
12/20X4 23 2,042
01/20X5 24 2,042
02/20X5 25 2,042
Total
Adjustment:
liabilities must be paid before remeasurement
liabilities must be paid before remeasurement
Thay đổi
GTGS mới
B: Lease liability
A: Month
b/f
02/20X3 1 48,924
03/20X3 2 47,043
04/20X3 3 45,156
05/20X3 4 43,263
06/20X3 5 41,364
07/20X3 6 39,458
08/20X3 7 37,546
09/20X3 8 35,628
10/20X3 9 33,704
11/20X3 10 31,773
12/20X3 11 29,836
01/20X4 12 27,892
02/20X4 13 25,942
03/20X4 14 23,986
04/20X4 15 22,023
05/20X4 16 20,054
06/20X4 17 18,078
07/20X4 18 16,096
08/20X4 19 14,107
09/20X4 20 12,112
10/20X4 21 10,110
11/20X4 22 8,101
12/20X4 23 6,086
01/20X5 24 4,064
02/20X5 25 2,035
Total 595,457
3. Ghi sổ
Remeasurement:
Debit Right-of-use asset
Credit Lease liability
0,997 2,036
0,993 2,028
0,990 2,022
0,987 2,015
0,984 2,009
0,980 2,001
0,977 1,995
0,974 1,989
0,971 1,983
0,968 1,977
0,964 1,969
0,961 1,962
0,958 1,957
0,955 1,950
0,952 1,944
0,949 1,938
0,946 1,932
0,942 1,924
0,939 1,917
0,936 1,911
0,933 1,905
0,930 1,899
0,927 1,893
0,924 1,887
0,921 1,881
48,924 = lease liability at the remeasurement d
Discount factor
1/(1+rate)^moth
47,935
48,924
989
46,688
1,867
E: Decrease in
C :Lease payment D : Interest (B*0,33%) lease liability
(E=C-D)
2,042 161 1,881
2,042 155 1,887
2,042 149 1,893
2,042 143 1,899
2,042 136 1,906
2,042 130 1,912
2,042 124 1,918
2,042 118 1,924
2,042 111 1,931
2,042 105 1,937
2,042 98 1,944
2,042 92 1,950
2,042 86 1,956
2,042 79 1,963
2,042 73 1,969
2,042 66 1,976
2,042 60 1,982
2,042 53 1,989
2,042 47 1,995
2,042 40 2,002
2,042 33 2,009
2,042 27 2,015
2,042 20 2,022
2,042 13 2,029
2,042 7 2,035
49,008 48,924
989
989
161
1,881
1,842
200
1,867
1,867
Discount factor = 1/(1+rate)^moth
e liability at the remeasurement date date
F: Lease liability
c/f(F=B-E)
47,043
45,156
43,263
41,364
39,458
37,546
35,628
33,704
31,773
29,836
27,892
25,942
23,986
22,023
20,054
18,078
16,096
14,107
12,112
10,110
8,101
6,086
4,064
2,035
0
546533