Answered step by step
Verified Expert Solution
Question
1 Approved Answer
The following segment information is for E Limited for the year ended 31 March 2020. Operating Segment Segment Revenue $ Segment Total Assets $ Manufacturing
The following segment information is for E Limited for the year ended 31 March 2020. Operating Segment Segment Revenue $ Segment Total Assets $ Manufacturing Retail Entertainment Media Chemicals 319,000 21,000 50,000 50,000 70,000 Segment Results (Profits/ (Losses) $ 70,000 (2,000) (4,000) (3,000) 42,000 700,000 102,000 100,000 100,000 240,000 Segment Total Liabilitie S $ 400,000 120,000 100,000 56,000 200,000 3 24,000 20,000 50,000 (10,000) 3,000 8,000 Travel Publishing Agriculture General corporate Total 200,000 100,000 124,000 150,000 300,000 160,000 40,000 400,000 604,000 104,000 1,816,000 1,776,000 Required: Prepare the segment disclosure for Elegant Limited for the year ended 31 March 2020 in accordance of AASB 8
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started