The financial statements of TSMC are presented in Appendix A

The financial statements of TSMC are presented in Appendix A at the end of this textbook. The company's complete annual report, including the notes to the financial statements, is available in the Investors section of the company's website, www.tsmc.com.
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.
Financial Statements
Financial statements are the standardized formats to present the financial information related to a business or an organization for its users. Financial statements contain the historical information as well as current period’s financial...