Category: Financial Statement

Consolidated Financial Statements Acca

Pike acquired 75of the issued share capital of salmon on 1 Jan 20X6 for 8720000. Although 2011 saw number of new accounting standards issued in respect of groups throughout 2012 the paper. Preparation of the Consolidated Statement of Financial Position Consolidation is the process of adjusting and combining financial information from the individual financial statements […]

Gross Fixed Assets Balance Sheet

Formula to calculate net fixed assets is Gross amount of fixed assets at the reporting date. C gross fixed assets at cost minus accumulated depreciation. Over its useful life the printer would gradually decapitalize itself from the balance sheet. Gross fixed assets also known as historical cost of an asset or gross book value is […]