Country Chile. Integrative workshop - Public Sector Accounting - General Background On December 15, 2017, the uble
Question:
Country Chile.
Integrative workshop - Public Sector Accounting
- General Background
On December 15, 2017, the uble Health Service was created by Decree, which
contemplates settling in the Coelemu Commune.
To do this, the Ministry of Finance delivers the funds (capital) to start the
normal activities.
Additionally, a house is given on loan for the development of its activities (not
contract exists).
- Additional background
a) There are no indications of impairment of value of non-cash-generating assets as of
vehicle exception.
b) The useful lives of fixed assets correspond to those indicated in the table of
reference of Resolution No. 16.
c) All purchases of any kind are paid within 30 days.
d) The value of the monthly UTM corresponds to what is indicated in the SII (Internal Revenue Service, IRS)
- It is requested:
- Balance Sheet and Income Statement as of December 31, 2018, following the
structure of what is indicated in Resolution No. 16.
- It is required to disclose the preparation and presentation notes of the following items:
- Useful goods
- Intangible assets
- Leases
- Accounting policies for the aforementioned tems
Intermediate Accounting
ISBN: 978-1119048534
11th Canadian edition Volume 1
Authors: Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield, Nicola M. Young, Irene M. Wiecek, Bruce J. McConomy