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On 1 October 2018 Chester plc issued 1 million of debentures. Proceeds were used to acquire new office premises. The directors deliberately delayed this transaction
On 1 October 2018 Chester plc issued 1 million of debentures. Proceeds were used to acquire new office premises. The directors deliberately delayed this transaction so it would not affect financial statements for the year ended 30 September 2018. What is this an example of? Select one: O a. Fraud O b. A non-adjusting event after the reporting period O c. A contingent asset O d. An adjusting event after the reporting period
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