The correction of a material error that occurred in a previous period must be accounted for by: a an adjustment in future accounting periods. b. ignoring it: errors made in prior periods can' be corrected c. a prospective adjustment to the financial statements d. a retrospective restatement in the first financial statements issued after the discovery of the error. The consobdated share capital amount of the Kansas - Emina - Golfet group is a $165000 b $135000 c. $300000 d. 5465000 For a company that has AS as its functional currency, which of the following is not a foreign currency transaction? a. equipment soid at prices denominated in Japanese Yen b. goods sold at prices denominated in UK pounds c. inventory sold to a customer in Hong Kong who pays in AS. d. borrowing funds where amounts are payable in NZS