Speed Ltd. sells motorbikes. Shortly after year-end, but before the financial statements were authorised for issue, Speed discovers that one of its employees has stolen five motorbikes (these motorbikes were stolen before year-end). These motorbikes are included in the stock balance in the draft financial statements. Late that week, management approve the year-end bonuses. Which of these events after the reporting period a adjusting events? Select the one option and cliek submit. None. Discovering the stolen motorbikes. Approval of year-end bonuses. Both discovering the stolen motorbikes and the approval of year-end bonuses. Trashco Ltd.'s financial statements for the year-ended 30 june 2009 ware pfepared by 10 August 2009. Management authorised them for issue to the Supervisory Board on 20 August 2009. The Supervisury Board approved the financial statements on 25 August 2009, with one amendment requested. Financlal statement were sent to Shareholders on 5 September 2009. On what date did Trashco Ltd, authorise the financial statements for issue? Select the one option and click Submit. 30 june 2009 10 August 2009 20 August 2009 25 August 2009 5 September 2009 Strapped Ltd. declared a dividend of E40,000 one month after the end of the reporting periodi These dividends are no longer at the diseretion of Strapped Lid. The 31 December financhal stotaments aregoing to be authorised for issue next week. How should Strapped Lrd. reflect this event after the reporting period in their financial statements? Select the one option and dick submit. Do nothing. Disclose that a 40,000 dividend has been declared and state its effect on the financial statements. Adjust the financial statements to include the dividend. Independent Ltd. Only operates flights between London and Prague. Independent falled to win any 2009 landing rights, in the bids held in August 2008 . Independent will be unable to operate from 1 fanuary 2015. The 30 june 2008 financial statements will be authorised for issue next week How should this event be reflected in the financial statements? Select the one option and click Submit. Disclose the failed bids in the Notes. Disclose in the Notes the failed bids and that the Company will be unable to operate in 2009. Disclose in the Directors' Report the Company's inability to operate in 2009. Prepare the financial statements under a non-going concern basis. Blunt Ltd. manufacture scissors. Blunt's reporting period has ended and its draft financial statements are expected to be authorised for issue next week. Yesterday Blunt announced plans to close its Left Handed Scissors Division. Today Blunt heard it would have to pay compensation as a result of a long-running court case, Which of these events after the reporting period are non-adjusting events? Select the one option and click submit. None. Announcing the plan to close the Left-Handed Scissors Division. The result of the court case. Both the announcement of the plan to close the Left-Handed Scissors Division and the court case