The accounting (financial) statements

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Uploaded: 22.10.2013
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Description

Problem 1. In the balance sheet as at 31 December of the year reflects the significant investment company in shares of another organization. In March of the year following the reporting year, the organization received information that the market price of these shares decreased considerably in March. Determine the order of reflection of the events after the reporting date in the financial statements. Please use AR "Subsequent Events" 7/98

Additional information

Problem 1. In the balance sheet as at 31 December of the year reflects the significant investment company in shares of another organization. In March of the year following the reporting year, the organization received information that the market price of these shares decreased considerably in March. Determine the order of reflection of the events after the reporting date in the financial statements. Please use AR "Subsequent Events" 7/98

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