题型：材料题 难度星级：★★ 
16.1万热度
prepare the company's statement of financial position as at 31 december 20x4, complying as far aspossible with ias 1 presentation of financial statements. details of non-current assets, adjusted appropriately, should appear as they are presented in the question.
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you are presented with the following trial balance of malright, a limited liability company, at 31 october 20x7.
dr cr
$'000 $'000
buildings at cost 740
buildings, accumulated depreciation, 1 november 20x6 60
plant at cost 220
plant, accumulated depreciation, 1 november 20x6 110
land at cost 235
bank balance 50
revenue 1,800
purchases 1,105
discounts received 90
returns inwards 35
wages 180
energy expenses 105
inventory at 1 november 20x6 160
trade payables 250
trade receivables 320
administrative expenses 80
allowance for receivables, at 1 november 20x6 10
directors' remuneration 70
retained earnings at 1 november 20x6 130
10% loan notes 50
dividend paid 30
$1 ordinary shares 650
share premium account 80
3,280 3,280
additional information as at 31 october 20x7:
(a) closing inventory has been counted and is valued at $75,000.
(b) the items listed below should be apportioned as indicated.
cost of distribution administrative
sales costs expenses
% % %
discounts received -- -- 100
energy expenses 40 20 40
wages 40 25 35
directors' remuneration -- -- 100
(c) an invoice of $15,000 for energy expenses for october 20x7 has not been received.
(d) loan note interest has not been paid for the year.
(e) the allowance for receivables is to be increased to the equivalent of 5% of trade receivables. anyexpenses connected with receivables should be charged to administrative expenses.
(f) plant is depreciated at 20% per annum using the reducing balance method. the entire charge is to be allocated to cost of sales.
(g) buildings are depreciated at 5% per annum on their original cost, allocated 30% to cost of sales, 30% to distribution costs and 40% to administrative expenses.
(h) income tax has been calculated as $45,000 for the year.
59【论述题】
the statement of profit or loss for the year ended 31 october 20x7
the statement of changes in equity for the year ended 31 october 20x7
the statement of financial position as at 31 october 20x7
the following information has been extracted from the books of tonson, a limited liability company, as at 31 october 20x6.
dr cr
$'000 $'000
cash 15
insurance 75
inventory at 1 november 20x5 350
general expenses 60
energy expenses 66
marketing expenses 50
wages and salaries 675
discounts received 50
share premium account 200
retained earnings at 1 november 20x5 315
allowance for receivables at 1 november 20x5 40
sales revenue 5,780
telephone expenses 80
property expenses 100
bank 94
returns inward 95
trade payables 290
loan note interest 33
trade receivables 900
purchases 3,570
7% loan notes 470
irrecoverable debts 150
$1 ordinary shares 1,800
accumulated depreciation at 1 november 20x5
buildings 360
motor vehicles 80
furniture and equipment 420
land at cost 740
buildings at cost 1,500
motor vehicles at cost 240
furniture and equipment at cost 1,200
9,899 9,899
you have also been provided with the following information:
(a) inventory at 31 october 20x6 was valued at $275,000 based on its original cost. however, $45,000 of this inventory has been in the warehouse for over two years and the directors have agreed to sell it in november 20x6 for a cash price of $20,000.
(b) the marketing expenses include $5,000 which relates to november 20x6.
(c) the allowance for receivables is to be increased to the equivalent of 5% of trade receivables.
(d) there are wages and salaries outstanding of $40,000 for the year ended 31 october 20x6.
(e) buildings are depreciated at 5% of cost. at 31 october 20x6 the buildings were professionally valued at $1,800,000 and the directors wish this valuation to be incorporated into the financial statements.
(f) depreciation is to be charged as follows:
(i) motor vehicles at 20% of carrying amount
(ii) furniture and equipment at 20% of cost
(g) no dividends have been paid or declared.
(h) tax of $150,000 is to be provided for the year.
(i) during october 20x6 a bonus issue of one for ten shares was made to ordinary shareholders. this has not been entered into the books. the share premium account was used for this purpose.
62【论述题】
the statement of profit or loss for the year ended 31 october 20x6
set out below are the financial statements of emma, a limited liability company. you have been asked to prepare the company's statement of cash flows, implementing ias 7 statement of cash flows.
emma
statement of profit or loss for the year ended 31 december 20x2
$＇000
sales revenue 2,553
cost of sales 1,814
gross profit 739
distribution costs 125
administrative expenses 264
operating profit 350
interest received 25
interest paid 75
profit before tax 300
income tax expense 240
profit for the year 60
emma
statements of financial position as at 31 december
20x2 20x1
$'000 $'000
non-current assets
tangible assets 380 305
intangible assets 250 200
investments -- 25
630 530
current assets
inventories 150 102
receivables 390 315
short-term investments 50 --
cash in hand 2 1
592 418
1,222 948
equity and liabilities
share capital ($1 ordinary shares) 200 150
share premium account 160 150
revaluation surplus 100 91
retained earnings 160 100
620 491
non-current liabilities
long-term loan 100 --
current liabilities
trade payables 127 119
bank overdraft 85 98
taxation 290 240
502 457
1,222 948
the following information is available.
(a) the proceeds of the sale of non-current asset investments amounted to $30,000.
(b) fixtures and fittings, with an original cost of $85,000 and a carrying amount of $45,00 ,were sold for $32,000 during the year.
(c) the current asset investments fall within the definition of cash equivalents under ias 7.
(d) the following information relates to property, plant and equipment.
31.12.20x2 31.12.20x1
$'000 $'000
cost 720 595
accumulated depreciation 340 290
carrying amount 380 305
(e) 50,000 $1 ordinary shares were issued during the year at a premium of 20c per share.
64【论述题】
prepare a statement of cash flows for the year to 31 december 20x2 using the format laid out in ias 7,together with the relevant notes to the statement.