The financial statements of TSMC are presented in Appendix A at the end of this textbook. The

Question:

The financial statements of TSMC are presented in Appendix A at the end of this textbook. The complete annual report, including the notes to the financial statements, is available at the company’s website.


Instructions

a. Using the consolidated financial statements and related information, identify items that may result in adjusting entries for prepayments.

b. Using the consolidated financial statements and related information, identify items that may result in adjusting entries for accruals.

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Accounting Principles

ISBN: 978-1119419617

IFRS global edition

Authors: Paul D Kimmel, Donald E Kieso Jerry J Weygandt

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