At its June 2, 2003, meeting, the Board of Directors of Alpha Company approved a plan to close a facility in Florida and terminate 250 employees working there. On July 1, 2003, Alpha notified the employees that they be terminated on August 29, 2003, 60 days from the notification date. In addition to earned salary and accrued vacation, each employee will receive $10,000 on the last day of work.

Required:

2a.In reporting to its U.K. -parent under IFRS, how should Alpha Co.

account for the restructuring program for the year ended June 30,

2003?

2b.Provide all JEs for June 2^nd, June 30^th, July 1^st and August 29^th.