Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

in the company's annual report the closing balance of 2019 is said to be 168,752 but when i did it in MS Excel its 168,

image text in transcribed

image text in transcribed

in the company's annual report the closing balance of 2019 is said to be 168,752 but when i did it in MS Excel its 168, 753.Will it make a difference? How should I adjust the balance in Excel ?

CONSOLIDATED STATEMENT OF CHANGES IN EQUITY CONSOLIDATED STATEMENT OF CHANGES IN EQUITY FOR THE YEAR ENDED 30 JUNE 2019 Foreign Currency Share Translation Capital Reserve $000 $000 122,579 (395) Share Based Hedge Payment Retained Reserve Reserve Earnings $000 $000 $000 318 405 43,394 Note Total Equity $000 166,301 Balance as at 1 July 2018 11,350 11,350 Profit for the period Other comprehensive income/(loss) Total comprehensive income/(loss) for the period 10 (244) (1,709) (244) (1,709) (1,953) 9,397 11,350 25 16 170 Employee share scheme loans repaid Share based payment expense Dividends paid Balance as at 30 June 2019 16 170 (7,131) 168,752 25 (7,131) 47,612 (639) 122,595 (1,391) 575 (515) 2,168 142 122,518 34,362 158,675 Balance as at 1 July 2017 16,125 16,125 (1,730) 14,395 10 Profit for the period Other comprehensive income/(loss) Total comprehensive incomel (loss) for the period 120 120 (1,850) (1,850) 16,125 61 25 61 263 (7,093) 43,394 263 (7,093) 166,301 25 Shares issued Share based payment expense Dividends paid Balance as at 30 June 2018 318 405 122,579 (395) The above consolidated statements of changes in equity should be read in conjunction with the accompanying notes. Jx Define Name Insert Function ? A le AutoSum Recently Financial Logical Text Date & Lookup & Math & More Used Time Reference Trig Functions Function Library Use in Formula Manager Create from Selection Name & Trace Precedents x Show Formulas a Trace Dependents Error Checking FRemove Arrows Evaluate Formula Wil Defined Names F20 Formula Auditing fx D E F 158,675 184,314 (7,079) 15,210 8.131 168,752 18,004 4,132 22,136 166,301 11,350 (1,953) 9,397 16 170 98 301 11 (6,886) (211) 211 (7,131) B 7 8 Opening balance 9 Profit/Loss for the period 10 Other comprehensive income (loss) 11 Total comprehensive income/loss) for the period 12 Employee share scheme loans repaid 13 Share based payment expense 14 shares issued 15 Dividend paid ordinary 16 -supplementary 17 -foreign investor tax credit 18 19 Closing Balance 20 21 22 23 24 25 26 Nz King Salmon Balance Sheets 158,675 200,674 168,753 206,450 2019 2020 2018 s'000 nen 2021 s'000

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Essentials of Accounting for Governmental and Not-for-Profit Organizations

Authors: Paul A. Copley

10th Edition

007352705X, 978-0073527055

More Books

Students also viewed these Accounting questions

Question

learn about recent work on measuring utility

Answered: 1 week ago