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Refer to the extracts of the annual report of Woolworths Limited in the appendix at the back of the book. All questions relate to the

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Refer to the extracts of the annual report of Woolworths Limited in the appendix at the back of the book. All questions relate to the consolidated accounts 1 Is there any indication of the following in the accounts: a prepayments? b unearned revenue? c accrued expenses? d accrued revenues? 2 Why would Woolworths Limited use 29 June 2014 (30 June 2013) rather than 30 June as the financial year-end? What is the net book value for a freehold land, warehouses, retail and other properties? b plant and equipment? 4 Give examples from Woolworths' financial statements to indicate that it uses accrual accounting 5 What is the depreciation for the year on plant and equipment and what is the balance of accumulated depreciation at year-end for plant and equipment? Refer to the extracts of the annual report of Woolworths Limited in the appendix at the back of the book. All questions relate to the consolidated accounts 1 Is there any indication of the following in the accounts: a prepayments? b unearned revenue? c accrued expenses? d accrued revenues? 2 Why would Woolworths Limited use 29 June 2014 (30 June 2013) rather than 30 June as the financial year-end? What is the net book value for a freehold land, warehouses, retail and other properties? b plant and equipment? 4 Give examples from Woolworths' financial statements to indicate that it uses accrual accounting 5 What is the depreciation for the year on plant and equipment and what is the balance of accumulated depreciation at year-end for plant and equipment

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