1 of 12 A company is developing a new game controller for its Galaxy 500 computer games. In the financial year ended 31 December 20X4 the company spent 114,000 on this development spread evenly over the year. On 30 November 20X4 the company identified that the six IAS 38 criteria for capitalisation of development expenditure were all met. The game controller was not yet available for sale at 31 December What is the carrying amount of any intangible asset recognised in the financial statement of the company at 31 December 20X4? O 9,500 114.000 104,500 O Nil 2 of 12 A company with a 31 December year end uses the revaluation model for its properties. On 1 January 20x3 it bought a building for 1,480,000. The company carried out a revaluation exercise on 31 December 20X4, and this building was revalued to 1,944,000. The company's depreciation policy for buildings is straight-line over 50 years. It regularly transfers any excess depreciation from the revaluation reserve to retained earnings What is the net book value of the property which would be shown in the company's statement of financial position at 31 December 20x7? O 1,749,600 O 1,763,300 O 1,822,500 1,827 360 3 of 12 A company purchased a delivery vehicle on 1 March 20X2 for 33,600. At this date the company estimated the useful life to be five years with residual value of 6,000. The company's policy is to depreciate this class of asset monthly on the straight-line basis. On 1 January 20X4 the company changed the useful life of all delivery vehicles to eight years with residual values of 2,000 per vehicle. What is the depreciation expense for the machine for the year ended 31 December 20X4? O 3,451 O 2.685 O 3,483 O 3,808 4 of 12 P plc acquired 85% of the equity share capital of S Ltd on 1 April 20X3. During the year ended 31 March 20x7 P plc buys goods for 1,781,920 from S Ltd, which S Ltd had marked up by 40%. At 31 March 20X7, the values of inventories in P plc's and S Ltd's financial statements are 1,740,000 and 671,300 respectively. P plc still has one quarter of the goods it purchased from S Ltd in its inventories. What is the figure for inventories which would be included in the consolidated statement of financial position at 31 March 20X7? 2,132,413 Slack 2,233,108 Al Dente O 2, 183,325 2,284,020 Nouveau message dans #gnral Nomie Denis: Yes. C'est bon