Refer to the income (revenues) and expenses as shown in the notes in the latest financial report

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Refer to the income (revenues) and expenses as shown in the notes in the latest financial report of JB Hi-Fi Limited on its website, www.jbhifi.com.au, and answer the following questions:

1. Which of these items, if any, would have been affected by adjusting entries for deferrals?

2. Which of these items, if any, would have been affected by adjusting entries for accruals?

3. What is the total amount of expense for depreciation of plant and equipment?

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Accounting

ISBN: 978-1118608227

9th edition

Authors: Lew Edwards, John Medlin, Keryn Chalmers, Andreas Hellmann, Claire Beattie, Jodie Maxfield, John Hoggett

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Question Posted: Jun 18, 2019 10:46 AM

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Refer to the income (revenues) and expenses as shown in the notes in the latest financial report

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The answer below is based on the 2012 annual report 1 The following items in notes 3 4 and 5 are mos...View the full answer

Accounting

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