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Classify and identify qualitatively the information characteristics, accounting principles, and assumptions of each of the cases listed below: a. Indofood reports the building in its
Classify and identify qualitatively the information characteristics, accounting principles, and assumptions of each of the cases listed below: a. Indofood reports the building in its statement of financial position according to the value it paid when buying the building, even though the fair value of the building increased b. Adidas does not justify the amount of the balance in its financial statements even though there are indications of rising inflation c. Lenovo uses the double-declining aldo depreciation method when starting its business operations d. PT Angkasa Jaya recognizes the depreciation expense of its equipment for two years as the equipment generates revenue for the company. e. PT Pura Jaya reports income in the income statement when the goods it sells reach the buyer even though the cash has not been received f. The economic activities of Indofood and its subsidiaries are combined for accounting and financial reporting purposes g. In Pura Angkasa's statement of financial position, there are current and non-current classifications h. Every year Angkasa Consulting Group conducts an audit of its financial statements by a verified public accountant i. PT Jaya Abadi publishes semiannual reports every end of June and December j. PT Jaya Sentosa uses the assumption of the AC cost method in its operations
the answer like : historical cost, monetary unit consumption, Economic Entity, etc
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