Corporate Reporting
ACC00713 Corporate Reporting
Assignment 1
SOUTHERN CROSS UNIVERSITY
ASSIGNMENT COVER SHEET
For use with online submission of assignments
Please complete all of the following details and then make this sheet the first page of each file of your assignment
– do not send it as a separate document.
Your assignments must be submitted as either Word documents (with .doc extension, NOT.docx), text documents with .rtf extension or as .pdf documents. If you wish to submit in any other file format please discuss this with your lecturer well before the assignment submission date.
STUDENT NAME:
STUDENT ID. NO.
UNIT NAME:
UNIT CODE:
TUTOR'S NAME:
ASSIGNMENT NO.
ASSIGNMENT TITLE:
DUE DATE:
DATE SUBMITTED:
MAX KELLY GREER
21860641
CORPORATE REPORTING
ACC00713
CHRISTOPHER HUDSON
ONE
ONE
26-Feb-12
20-Feb-12
Declaration:
I have read and understand the Rules relating to Awards (Rule 3.17) as contained in the University Handbook.
I understand the penalties that apply for plagiarism and agree to be bound by these rules. The work I am submitting electronically is entirely my own work.
Signed:
Date:
MAX KELLY GREER
20th February 2012
Max K Greer
21860641
ACC00713 Corporate Reporting
Assignment 1
QUESTION ONE
1 July 2010 Part A
Cash
(Purchase of Part A)
800,000
800,000
30 June 2011 Depreciation Expense
Accumulated Depreciation
(Record depn @ 800,000/4 useful life)
200,000
30 June 2011 Accumulated Depreciation
Part A
200,000
Part A
Revaluation Increment (Gain)
(Revalue Part A to $690,000)
200,000
200,000
90,000
90,000
1 July 2010 Part B
Cash
(Purchase of Part B)
500,000
500,000
30 June 2011 Depreciation Expense
100,000
Accumulated Depreciation
(Record depn @ 500,000/5 useful life)
30 June 2011 Accumulated Depreciation
Part B
Revaluation Decrement (Loss)
Part B
(Revalue Part B to $360,000)
30 June 2012 Depreciation Expense
Accumulated Depreciation
(Record depn @ 690,000/3 useful
Assignment 1
SOUTHERN CROSS UNIVERSITY
ASSIGNMENT COVER SHEET
For use with online submission of assignments
Please complete all of the following details and then make this sheet the first page of each file of your assignment
– do not send it as a separate document.
Your assignments must be submitted as either Word documents (with .doc extension, NOT.docx), text documents with .rtf extension or as .pdf documents. If you wish to submit in any other file format please discuss this with your lecturer well before the assignment submission date.
STUDENT NAME:
STUDENT ID. NO.
UNIT NAME:
UNIT CODE:
TUTOR'S NAME:
ASSIGNMENT NO.
ASSIGNMENT TITLE:
DUE DATE:
DATE SUBMITTED:
MAX KELLY GREER
21860641
CORPORATE REPORTING
ACC00713
CHRISTOPHER HUDSON
ONE
ONE
26-Feb-12
20-Feb-12
Declaration:
I have read and understand the Rules relating to Awards (Rule 3.17) as contained in the University Handbook.
I understand the penalties that apply for plagiarism and agree to be bound by these rules. The work I am submitting electronically is entirely my own work.
Signed:
Date:
MAX KELLY GREER
20th February 2012
Max K Greer
21860641
ACC00713 Corporate Reporting
Assignment 1
QUESTION ONE
1 July 2010 Part A
Cash
(Purchase of Part A)
800,000
800,000
30 June 2011 Depreciation Expense
Accumulated Depreciation
(Record depn @ 800,000/4 useful life)
200,000
30 June 2011 Accumulated Depreciation
Part A
200,000
Part A
Revaluation Increment (Gain)
(Revalue Part A to $690,000)
200,000
200,000
90,000
90,000
1 July 2010 Part B
Cash
(Purchase of Part B)
500,000
500,000
30 June 2011 Depreciation Expense
100,000
Accumulated Depreciation
(Record depn @ 500,000/5 useful life)
30 June 2011 Accumulated Depreciation
Part B
Revaluation Decrement (Loss)
Part B
(Revalue Part B to $360,000)
30 June 2012 Depreciation Expense
Accumulated Depreciation
(Record depn @ 690,000/3 useful