1) Explain why the impairment of intangible assets causes such difficulty to companies when preparing their accounts.

2) Explain why comparative information is required to be provided in the financial statements. 3)

The following information is provided concerning the accounts of Jazzy Ltd.

You are asked to identify how each of these items is shown in the financial statements.

(a)	gain on revaluation of available-for-sale investments
(b)	dividends paid during the year
(c)	revaluation gain on building (not reversing any previous revaluation)
(d)	transfer to dividend equalisation reserve
(e)	Unsecured notes issued