4. Assume on 1 January 2016, Baseball Ltd sold the patent to Cricket Ltd for US$100 000...

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4. Assume on 1 January 2016, Baseball Ltd sold the patent to Cricket Ltd for US$100 000 and that Cricket Ltd depreciates this asset evenly over a 20-year period. Prepare the consolidation worksheet adjustment entries at 30 June 2016.

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Applying IFRS Standards

ISBN: 9781119159223

4th Edition

Authors: Ruth Picker, Kerry Clark, John Dunn, David Kolitz, Gilad Livne, Jance Loftus, Leo Van Der Tas

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