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Required: 1. In reporting to its U.S. -based lender in accordance with US GAAP, how should Alpha Co. account for the restructuring program for the
Required: 1. In reporting to its U.S. -based lender in accordance with US GAAP, how should Alpha Co. account for the restructuring program for the year ended June 30, 2003? 1b. Provide all journal entries for June 1st, 2003, June 30", 2003, October 31 st, 2004 and Nov 30th, 2004. 2. In reporting to its U.K. -parent under IFRS, how should Alpha Co. account for the restructuring program for the year ended June 30, 2003? 2b. Provide all journal entries for June 1st, 2003, June 30", 2003, October 31 st, 2004 and Nov 30th, 2004
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