Solution 46
Calculate the impairment
loss (if any) for the boats
as at 31 December 2018.
Solution 47
Calculate the
impairment loss
or reversal of
impairment loss
for the year
ended 31
December 2019.
48
Show the extract of balance Sheet as at 31 December 2018 and 2019.
49
QUESTION 1 50
QUESTION 2 51
QUESTION 3 52
QUESTION 4 53
QUESTION 5 54
55
QUESTION 6
56
QUESTION 7
57
Reference
Companies Act 2016 (Act 777). Regulations, Rules & Order . (2016). Percetakan
Nasional Malaysia Berhad. Malaysia
Malaysian Financial Reporting Standards (MFRSs). (n.d).
Mohamad Ariff, A., Alfan, E., Abdullah, M., Sapiei, N. S., & Rosli, M. H. (2019).
Financial Accounting and Reporting (2nd ed.). Kuala Lumpur, Malaysia: Oxford.
Tong, T. L. (2017). Financial Accounting and Reporting in Malaysia (6th ed., Vol. 2).
Kuala Lumpur, Malaysia: Wolters Kluwer.