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Please gicve detailed answers. (with some examples will be better) 1. If the debt instrument had contained an option to convert into ordinary shares on
Please gicve detailed answers. (with some examples will be better)
1. If the debt instrument had contained an option to convert into ordinary shares on redemption, explain how the instrument would be initially recorded in the financial statements.
2. Explain why the effective rate of interest on the debt instrument is 11% when the annual return is 6%.
3. What exactly is the purpose of depreciation?
4. In the financial statements, does the treatment of an investment property differ from the treatment of our Head Office building?
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