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HI5020 - Corporate Accounting

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Assessment Task – Tutorial Questions Unit Code: HI5020 Unit Name: Corporate Accounting Assignment: Tutorial Questions 2 Due: 11:30pm 26th June 2020 Weighting: 25% Total Assignment Marks: 50 marks Purpose: This assignment is designed to assess your level of knowledge of the key topics covered in this unit Unit Learning Outcomes Assessed: 1. Examine conceptual issues and the sources of authority for the accounting requirements which apply to reporting by Australian companies and corporate groups, including Company Law, International and Australian Accounting Standards, and Stock Exchange requirements; 2. Critically analyse and interpret the financial statements and other disclosures produced by Australian companies and corporate groups; 3. Apply Australian Accounting Standards

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Question 1

a)

 

Particulars

Amt($)

 

Profit Before Tax

80,000

 

Add: Depreciation Expenses on Plant

7,000

 

Add: Doubtful Debt expenses

3,000

 

Less: Deduction:

 

 

Depreciation

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$ 15.00

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