Question: Hi, I need help in these three items pls pls! Need it urgent. Thank you thank you. 11. XYZ has the following information during the
Hi, I need help in these three items pls pls! Need it urgent. Thank you thank you.
11. XYZ has the following information during the year Assets: Cash Trade accounts receivable (net of P20,000 credit balance in accounts) Held for trading securities Financial assets designated at FVPL Investment in equity securities at FVOCI Investment in bonds measured at amortized cost (due in 3 years) Prepaid assets Deferred tax asset (expected to reverse in 20x2) Investment in Associate Investment property Sinking fund Property, plant, and equipment Goodwill 30,000 60,000 100,000 50,000 90,000 70,000 15,000 15,000 40,000 50,000 40,000 120,000 30,000 How much is the total current assets? 12. XYZ has the following information during the year Liabilities: Bank overdraft Trade accounts payable (net of P20,000 debit balance in accounts) Notes payable (due in 20 semi-annual payments of P4,000) Interest payable Bonds payable (due on March 31, 20x2) Discount on bonds payable Dividends payable Share dividends payable Deferred tax liability (expected to reverse in 20x2) Income tax payable Contingent liability Reserve for contingencies 20,000 50,000 100,000 50,000 100,000 (50,000) 15,000 15,000 40,000 50,000 120,000 30,000 How much is the total current liabilities? 13. XYZ has the following information during the year Share capital Share premium Retained earnings, appropriated Retained earnings, unappropriated Revaluation surplus Remeasurements of the net defined benefit liability (asset) - gain Cumulative net unrealized gain on fair value changes of investment in FVOCI Effective portion of losses on hedging instruments in a cash 400,000 50,000 40,000 90,000 65,000 33,000 48,000 flow hedge Cumulative translation loss on foreign operation Treasury shares, at cost 25,000 15,000 30,000 How much is the total shareholders' equity
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