Discuss the nature of a reserve. How do reserves differ from the other main components of equity?
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 66% (9 reviews)
Under international accounting standards there are 2 for...View the full answer
Answered By
Qurat Ul Ain
Successful writing is about matching great style with top content. As an experienced freelance writer specialising in article writing and ghostwriting, I can provide you with that perfect combination, adapted to suit your needs.
I have written articles on subjects including history, management, and finance. Much of my work is ghost-writing, so I am used to adapting to someone else's preferred style and tone. I have post-graduate qualifications in history, teaching, and social science, as well as a management diploma, and so am well equipped to research and write in these areas.
4.80+
265+ Reviews
421+ Question Solved
Related Book For
Applying International Financial Reporting Standards
ISBN: 978-0730302124
3rd edition
Authors: Keith Alfredson, Ken Leo, Ruth Picker, Paul Pacter, Jennie Radford Victoria Wise
Question Posted:
Students also viewed these Accounting questions
-
Discuss the nature of a rights issue, distinguishing between a renounceable and a non-renounceable issue.
-
Discuss the nature of a stock dividend and why a distinction is made between small and large stock dividends.
-
Discuss the nature of as well as the pros and cons of a friendly merger versus hostile takeover in acquiring another firm. Give an example of each.
-
Which of the following activity bases would best be used to allocate setup activity to products? a. Number of inspections b. Direct labor hours c. Direct machine hours d. Number of production runs
-
Bentley Outdoor Furniture Company included the following stockholders equity on its year-end balance sheet at February 28, 2013: Requirements 1. Identify the different issues of stock that Bentley...
-
An item must possess two characteristics to be classified as inventory by a merchandiser. What are these two characteristics?
-
Determine the drag on a small circular disk of \(0.01-\mathrm{ft}\) diameter moving \(0.01 \mathrm{ft} / \mathrm{s}\) through oil with a specific gravity of 0.87 and a viscosity 10,000 times that of...
-
On December 23, 2010, Miller Wholesalers ships merchandise to Michael Retailers with terms of FOB destination point. The merchandise arrives at Michaels warehouse on January 3, 2011. Required 1....
-
Answer the below 2 questions separately on how to set, plan, and obtain goals. 1. Using the SMART framework, create 3 Goals: 1 personal, 1 professional, 1 academic. Make sure you use the SMART...
-
Nora Jackson owns a number of vacation homes on a beach. She works with a consortium of rental home owners to gather a data set to build a classification model to predict the likelihood of potential...
-
On 28 May 2013 $20 000 cash was stolen from Ming Lee Ltd's night safe. Explain how Ming Lee should account for this event, justifying your answer by reference to relevant Conceptual Framework...
-
For what reasons may a company make an appropriation of its retained earnings?
-
An owner of the Atrium Tower Office Building is currently negotiating a five-year lease with ACME Consolidated Corp. for 20,000 rentable square feet of office space. ACME would like a base rent of...
-
How many edges are in a complete directed graph with N vertices?
-
Explain the phrase life-cycle verification.
-
7. 1. Explain the difference between an array-based and a linked representation of a list. 2. Give an example of a problem for which an array-based list would be the better solution. 3. Give an...
-
The order of an algorithm that decrements every element in a three-dimensional table of N rows. 1. O(1) 2. O(logN) 3. O(N) 4. O(N logN) 5. O(N*N) 6. O(N*N*N)
-
How many edges are in a complete undirected graph with N vertices?
-
What is an accessor method? What is a mutator method?
-
Estimate a range for the optimal objective value for the following LPs: (a) Minimize z = 5x1 + 2x2 Subject to X1 - x2 3 2x1 + 3x2 5 X1, x2 0 (b) Maximize z = x1 + 5x2 + 3x3 Subject to X1 + 2x2 +...
-
The consolidated income statement of Tut Company for 2011 is as follows (in thousands): Tut's operations are conducted through three domestic operating segments with sales, expenses, and assets as...
-
The information that follows is for Cob Company at and for the year ended December 31, 2011. Cob's operating segments are cost centers currently used for internal planning and control purposes....
-
Tor Corporation is subject to income tax rates of 20 percent on its first $50,000 pretax income and 34 percent on amounts in excess of $50,000. Quarterly pretax accounting income for the calendar...
-
A useful quantitative model for the grinding of lenses with known focal lengths is the lens-makers' equation: nlens environment 1) (1/4-1/2), where f is the focal length of the lens, the two index of...
-
A student throws a set of keys vertically upward to her sorority sister, who is in a window 3.20 m above. The second student catches the keys 2.80 s later. (a) with what initial velocity were the...
-
Accelerating uniformly to overtake a slow-moving truck, a car moving initially at 24.4 m/s covers 67.2 m in 2.48 s. (a) What is the final speed of the car? m/s (b) What is the magnitude of the car's...
Study smarter with the SolutionInn App