題目

Fanta Co acquired 100% of the ordinary share capital of Tizer Co on 1 October 20X7.

On 31 December 20X7 the share capital and retained earnings of Tizer Co were as follows:

?????????????????????????????????????????????????????????????????????????????????????? $'000

Ordinary shares of $1 each???????????????????????????????????????????? ?400?

Retained earnings at 1 January 20X7????????????????????????????? 100

Retained profit for the year ended 31 December 20X7???? 80

??????????????????????????????????????????????????????????????????????????????????????????580

The profits of Tizer Co have accrued evenly throughout 20X7. Goodwill arising on the acquisition of Tizer Co was $30,000.

What was the cost of the investment in Tizer Co?

A

$400,000

B

$580,000

C

$610,000

D

$590,000

掃碼查看暗號(hào)，即可獲得解鎖答案！

點(diǎn)擊獲取答案
Chapter23Introductiontoconsolidatedfinancialstatements

?????????????????????????????????????????????????????????????????????????????????????????????????????????????? $000

Fair value of net assets acquired:?????????????????????????????????????????????????????????? ?400

Ordinary shares?????????????????????????????????????????????????????????????????????????????????????? 100

Retained earnings at 1 January 20X7???????????????????????????????????????????????????? ?60????

Retained earnings for 9 months to acquisition date (80 x 9/12)?????????????? 560

Add goodwill???????????????????????????????????????????????????????????????????????????????????????????? ?30

???????????????????????????????????????????????????????????????????????????????????????????????????????????????? ?590

多做幾道

Which accounting concept should be considered if the owner of a business takes goods from inventory for his own personal

use?

A

The fair presentation concept

B

?The accruals concept

C

The going concern concept

D

?The business entity concept

Which accounting concept should be considered if the owner of a business takes goods from inventory for his own personal

use?

A

The fair presentation concept

B

The accruals concept

C

?The going concern concept

D

The business entity concept

According to the IASB's Conceptual Framework for Financial Reporting, which TWO of the following are part of faithful

representation?1 It is neutral2 It is relevant3 It is presented fairly4 It is free from material error

A

1?and?2

B

2?and?3

C

?1?and?4

D

3?and4

Which of the following accounting concepts means that similar items should receive a similar accounting treatment?

A

Going concern

B

Accruals

C

Matching

D

Consistency

Listed below are some characteristics of financial information.1 Relevance2 Consistency3 Faithful representation4 Accuracy

Which of these are qualitative characteristics of financial information according to the IASB's Conceptual Framework for

Financial Reporting?

A

1 and 2 only

B

2 and 4 only

C

3 and 4 only

D

1 and 3 only

最新試題

該科目易錯(cuò)題

該題目相似題