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Based on JB HIFI's 2017 financial summary (2)Charles Boutique Books Pty Ltd aspires to one day become a publically listed Company on the Australian Securities
Based on JB HIFI's 2017 financial summary
- (2)Charles Boutique Books Pty Ltd aspires to one day become a publically listed Company on the Australian Securities Exchange and grow to be of a similar size as JB Hi-Fi Limited. The Managing Director of Charles Boutique Books Pty Ltd, James Lowe, has asked you to refer to the recent 2017 JB Hi-Fi Limited Annual Report (which is available on LMS) and write him a report which addresses the following matters.
- (i) explain to James Lowe the reason for, and process of depreciation.
- (ii)Refer to the JB Hi-Fi Limited Annual Report on LMS. Give examples and explain what Intangible Assets are, then describe their treatment in the Financial Statements.
- (iii) explain the significance of the 'Going Concern' accounting principle as it applies to Charles Boutique Books Pty Ltd
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Fundamentals of Advanced Accounting
Authors: Joe Ben Hoyle, Thomas Schaefer, Timothy Doupnik
7th edition
1259722635, 978-1259722639
