[soo]

Okay noted. Many thanks. 🙂

[soo]

Ok, very clear. How about the disclosure? even though there’s no cash involved still need to disclose in account right? if is physical settlement, will still need to disclose on 31 Dec 20×6?

[soo]

Is the coffee bean record in market price 5k?

[soo]

Hi Sir,

How about the 5000? no need to record into stock or cash paid?
Will the financial liability reverse out in future?

[soo]

Thanks Stephen

[soo]

Ok understand on the lending money part.

But the double entry you shows is 8.5 – Dr Inventory Cr Liability. How about the cash received?

Could you show the full double entry for this 2 years? Thanks.

[soo]

Also, also for part b, question require for the double entry for sale of an apartment block. May i know the $8.5mil will be record in 1/1/x8
DR Inventory
CR Closing stock

And then received the money when contract signed,
DR Cash
CR Liability?

[soo]

Well noted. Thanks Stephen 🙂

[soo]

Hi, Just to clarify the full goodwill that double entry. By Dr. RE (Deduct parent portion RE) and Dr. NCI (Deduct NCI portion RE) right?

[soo]

Hi, also would like to know the double entry of the impairment loss for proportionate method and full fair value method. Thanks.

[Author]

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