
Advanced Accounting 12th Edition by Joe Ben Hoyle,Thomas Schaefer , Timothy Doupnik
النسخة 12الرقم المعياري الدولي: 978-0077862220
Advanced Accounting 12th Edition by Joe Ben Hoyle,Thomas Schaefer , Timothy Doupnik
النسخة 12الرقم المعياري الدولي: 978-0077862220 تمرين 31
Lisali Company gathered the following information related to inventory that it owned on December 31, 2015:
a. Determine the amount at which Lisali should carry inventory on the December 31, 2015, balance sheet and the amount, if any, that should be reported in net income related to this inventory using (1) U.S. GAAP and (2) IFRS.
b. Determine the adjustments that Lisali would make in 2015 to reconcile net income and stockholders' equity under U.S. GAAP to IFRS.
a. Determine the amount at which Lisali should carry inventory on the December 31, 2015, balance sheet and the amount, if any, that should be reported in net income related to this inventory using (1) U.S. GAAP and (2) IFRS.
b. Determine the adjustments that Lisali would make in 2015 to reconcile net income and stockholders' equity under U.S. GAAP to IFRS.
التوضيح
Inventory:
Inventory is an asset reflec...
Advanced Accounting 12th Edition by Joe Ben Hoyle,Thomas Schaefer , Timothy Doupnik
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