Question: Please explain how to obtain the answer above. ard and at the end of reporting peri Carrying amount of the vineyard 30 June 2011 Fair

Please explain how to obtain the answer above.

ard and at the end of reporting peri Carrying amount of the vineyard 30 June 2011 Fair value of harvested grapes on 29 June 2012 Estimated point-of-sale costs of grapes Estimated point-of-sale costs of vines as at 30 June 2012 Fair value of the vineyard before harvest of grapes on 29 June 2012 7 800 000 What is the change in fair value less estimated point-of-sale costs of the vines for the reporting period 30 June 2012 in accordance with AASB 141 7 500 000 600 000 20000 50 000 Agriculture? A.($350 000) . ($300 000) C. $250 000 D. S350 000

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!

Margaret Ltd has a vineyard and at the end of reporting period 30 June 2012 the following information is available: What is the change in fair value less estimated point-of-sale costs of the vines...

Please just help me correct the ones that I got wrong. Please, and thank you. The corrections are in the file seboprincess00322885. I made some corrections already so if you come across them, just...

only question 2.. plz help me.. im offering all my credits. i swear... Faculty of Business, Economics & Accounting Department of Accounting and Finance HELP Bachelor of Business (Hons) Year 3...

Hi, Please help me with responding to the discussion questions below because I'm having a hard time answering them myself. I have been up all night, and I'm unable to figure them out. I uploaded a...

Question 1 , Question 2 and Question 5 part (ii) thanks alot Faculty of Business, Economics & Accounting Department of Accounting and Finance HELP Bachelor of Business (Hons) Year 3 INTERNAL SUBJECT...

Iam not able find the answer for Question no. 4 and question no. 3 ACC210 Major Assignment (Task 2) Semester (Trimester) 2 - 2017 Word count: approximately 1,500 words Weighting: 30% This assignment...

Hi, This subject is financial accounting, here is a short essay type question, approximately 5 paragraphs. ''Drawing on private interest theory, what powers do you believe the Australian Accounting...

KATRINA Ltd has a vineyard and at the end of reporting period 30 June 2021 the following information is available: Particulars Amount Carrying amount of the vineyard, June 30,2020 7,500,000 Fair...

LOLA Ltd has a vineyard and at the end of reporting period 30 June 2021 the following information is available: Particulars Amount Carrying amount of the vineyard, June 30,2020 7,500,000 Fair value...

The presentations, of work-in-progress on the major assignments, will occur during the tutorials in Weeks 8 and 9. The presentations are worth 5% of the total assignment. The presentations will be on...

Solve for the value of beta in each of the following problems. a. H0: = 130 Ha: > 130 n = 75 = 12 = .01. The alternative mean is actually 135. b. H0: = .44 Ha: p

It may overstate the benefits of specialization by ignoring a number of costs. These costs include transport costs and any external costs associated with trade, such as air and sea pollution. The...

Which of the following control issues was observed during the inventory count? A counting team was working too quickly. Inventory count tags were left lying around. A counting team was working too...

what are the factors that shape your organization external competitiveness to recruit and retain employees

Prepare the text of a form message to be sent to each applicant acknowledging his or her application.

2. What are the different types of networks?

Prepare the text of a form message to be sent to the applicants you will not interview.