Securing Higher Grades Costing Your Pocket? Book Your Assignment at The Lowest Price Now!
loader

Phone no. Missing!

Please enter phone for your order updates and other important order related communication.

Add File

Error goes here

Files Missing!

Please upload all relevant files for quick & complete assistance.

Guaranteed Higher Grade!

MAA363 Corporate Accounting

tag 0 Download 5 Pages / 1,220 Words tag 20-07-2021
  • Course Code: MAA363
  • University: Deakin Business School
    icon

    MyAssignmentHelp.com is not sponsored or endorsed by this college or university

  • Country: Australia

Question:

If the office equipment needs to be serviced or repaired, A Ltd is required to substitute an office equipment of the same type. Otherwise, and other than on default by B Ltd, A Ltd cannot retrieve the equipment during the six-year period. B intends to buy the office equipment from the lessor at the end of the lease term.

a)Determine whether a lease exists according to AASB16 Leases.

b)Describe four disadvantages of B Ltd for entering into this lease agreement.

c)Prepare a schedule of lease payments for B Ltd for the 6 years’ length of lease.

d)Prepare all journal entries to record the relevant transactions on in the records of B Ltd.

Discuss how your solution in Part A would differ if, instead of a guaranteed residual value, the contract contains a:

a)Bargain purchase option

b)Unguaranteed Residual

Explain the new single accounting model for lessees and the implications of this change on:

a)External users of financial reports

b)Statement of Financial Position (Balance Sheet)

c)Management contracts tied to key performance indicators such as return on assets

d)Debt covenants

Download Sample Now

Earn back the money you have spent on the downloaded sample by uploading a unique assignment/study material/research material you have. After we assess the authenticity of the uploaded content, you will get 100% money back in your wallet within 7 days.

Upload
Unique Document

Document
Under Evaluation

Get Money
into Your Wallet

Total 5 pages

Cite This Work

To export a reference to this article please select a referencing stye below:

My Assignment Help (2021) Corporate Accounting [Online]. Available from: https://myassignmenthelp.com/free-samples/maa363-corporate-accounting/emerging-practice-in-social-and-ethical.html
[Accessed 07 December 2022].

My Assignment Help. 'Corporate Accounting' (My Assignment Help, 2021) <https://myassignmenthelp.com/free-samples/maa363-corporate-accounting/emerging-practice-in-social-and-ethical.html> accessed 07 December 2022.

My Assignment Help. Corporate Accounting [Internet]. My Assignment Help. 2021 [cited 07 December 2022]. Available from: https://myassignmenthelp.com/free-samples/maa363-corporate-accounting/emerging-practice-in-social-and-ethical.html.


Stuck on Any Question

Our best expert will help you with the answer of your question with best explanation.

question
We will use e-mail only for:

arrow Communication regarding your orders

arrow To send you invoices, and other billing info

arrow To provide you with information of offers and other benefits

Phone no. Missing!

Please enter phone for your order updates and other important order related communication.

loader
250 words
Error goes here

Error goes here

Files Missing!

Please upload all relevant files for quick & complete assistance.

We Can Help!

Get top notch assistance from our best tutors !
Excel in your academics & career in one easy click!

icon

Other Samples

Content Removal Request

If you are the original writer of this content and no longer wish to have your work published on Myassignmenthelp.com then please raise the content removal request.

icon

5% Cashback

On APP - grab it while it lasts!

Download app now (or) Scan the QR code

*Offer eligible for first 3 orders ordered through app!

screener
ribbon
callback request mobile
Have any Query?