{"id":3353,"date":"2021-04-10T12:52:25","date_gmt":"2021-04-10T12:52:25","guid":{"rendered":"https:\/\/assignmenttask.com\/answers\/?p=3353"},"modified":"2022-10-15T05:41:56","modified_gmt":"2022-10-15T05:41:56","slug":"sbm3108-financial-accounting-assignment-help-by-assignment-task-experts","status":"publish","type":"post","link":"https:\/\/assignmenttask.com\/answers\/sbm3108-financial-accounting-assignment-help-by-assignment-task-experts\/","title":{"rendered":"SBM3108 Financial Accounting Assignment Help &#8211; By Assignment Task Experts"},"content":{"rendered":"<h2><strong><span style=\"color: #000000;\">SBM3108 <\/span><\/strong><strong><span style=\"color: #000000;\">Financial Accounting Assessment Question and Answer<\/span><\/strong><\/h2>\n<blockquote><p>Need online assignment help for your SBM3108 Financial Accounting? Please explore our website <a href=\"https:\/\/assignmenttask.com\/\">Assignmenttask.com<\/a> on your excellent scoring. We have experienced professional assignment writers for 100% Plagiarism free <a href=\"https:\/\/assignmenttask.com\/finance\/financial-accounting-assignment-help.html\">Financial Accounting Assignment Help<\/a> and <a href=\"https:\/\/assignmenttask.com\/essay-help\/\">Essay Writing Help<\/a>, <a href=\"https:\/\/assignmenttask.com\/case-study-help\/\">Case Study Help<\/a>.<\/p><\/blockquote>\n<p>&nbsp;<\/p>\n<p style=\"text-align: center;\"><img decoding=\"async\" loading=\"lazy\" class=\"aligncenter size-full wp-image-3177 lazyload\" data-src=\"https:\/\/assignmenttask.com\/answers\/wp-content\/uploads\/2021\/01\/Stuck-banner.jpg\" alt=\"stuck with assignments\" width=\"700\" height=\"87\" data-srcset=\"https:\/\/assignmenttask.com\/answers\/wp-content\/uploads\/2021\/01\/Stuck-banner.jpg 700w, https:\/\/assignmenttask.com\/answers\/wp-content\/uploads\/2021\/01\/Stuck-banner-300x37.jpg 300w, https:\/\/assignmenttask.com\/answers\/wp-content\/uploads\/2021\/01\/Stuck-banner-360x45.jpg 360w\" data-sizes=\"(max-width: 700px) 100vw, 700px\" src=\"data:image\/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==\" style=\"--smush-placeholder-width: 700px; --smush-placeholder-aspect-ratio: 700\/87;\" \/><noscript><img decoding=\"async\" loading=\"lazy\" class=\"aligncenter size-full wp-image-3177\" src=\"https:\/\/assignmenttask.com\/answers\/wp-content\/uploads\/2021\/01\/Stuck-banner.jpg\" alt=\"stuck with assignments\" width=\"700\" height=\"87\" srcset=\"https:\/\/assignmenttask.com\/answers\/wp-content\/uploads\/2021\/01\/Stuck-banner.jpg 700w, https:\/\/assignmenttask.com\/answers\/wp-content\/uploads\/2021\/01\/Stuck-banner-300x37.jpg 300w, https:\/\/assignmenttask.com\/answers\/wp-content\/uploads\/2021\/01\/Stuck-banner-360x45.jpg 360w\" sizes=\"(max-width: 700px) 100vw, 700px\" \/><\/noscript><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"color: #000000;\"><strong>Assignment Details:-<\/strong><\/span><\/p>\n<ul>\n<li><span style=\"color: #000000;\">Course Code:\u00a0SBM3108\u00a0<\/span><\/li>\n<li><span style=\"color: #000000;\">Course Title:\u00a0financial accounting\u00a0<\/span><\/li>\n<li><span style=\"color: #000000;\">Referencing Styles: <strong>Harvard<\/strong><\/span><\/li>\n<li><span style=\"color: #000000;\">Words: 2250<\/span><\/li>\n<li><span style=\"color: #000000;\">University:\u00a0Asia Pacific International College\u00a0<\/span><\/li>\n<li><span style=\"color: #000000;\">Country:\u00a0AU<\/span><\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<h3><span style=\"color: #000000;\"><strong>Task:<\/strong><\/span><\/h3>\n<p><span style=\"color: #000000;\"><strong>Question 1<\/strong><\/span><\/p>\n<p><span style=\"color: #000000;\">The assignment requires researching the legal environment of the Australian companies. The report should include:<\/span><\/p>\n<ol>\n<li><span style=\"color: #000000;\">The key sources of financial reporting regulation in Australia and explain the roles played by the various regulatory bodies;<\/span><\/li>\n<li><span style=\"color: #000000;\">Explain the critical components of the Conceptual Framework.<\/span><\/li>\n<li><span style=\"color: #000000;\">Explain the qualitative characteristics of useful financial information and key elements of financial statements and Interpret and apply the principles for recognizing and measuring the financial statement parts.<\/span><\/li>\n<\/ol>\n<p>&nbsp;<\/p>\n<p><span style=\"color: #000000;\"><strong>Question 2<\/strong><\/span><\/p>\n<p><span style=\"color: #000000;\">On the December 31st, here reported 2019 annual report of Stela ltd, the equipment as follows:<\/span><\/p>\n<p><span style=\"color: #000000;\">Equipment (at cost) $300 000<\/span><\/p>\n<p><span style=\"color: #000000;\">Accumulated Depreciation $ 37 500<\/span><\/p>\n<p><span style=\"color: #000000;\">\u00a0$262 500<\/span><\/p>\n<p><span style=\"color: #000000;\">The equipment consists of two machines, Machine (A) and Machine (B). Machine (A) had cost $200 000 and had a carrying amount of $175 000 on December 31st, 2019, and Machine (B) had cost $100 000 and was carried at $87 500. Both machines are measured using the cost model and Depreciation on a straight-line basis over eight years.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"color: #000000;\">On April 30th 2020, ABC Ltd&#8217;s directors decided to change the basis of measuring the equipment from the cost model to the revaluation model. Machine (A) was revalued to $160 000 with an expected useful life of 5 years, and Machine (B) was revalued to $70,000 with an expected life of 5 years.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"color: #000000;\">On December 31st 2020, Machine (A) was assessed to have a fair value of $140 000 with an estimated life of 4 years and Machine (B)&#8217;s fair value was 60 000 with an expected useful life of 4 years.<\/span><\/p>\n<p><span style=\"color: #000000;\"><strong>Required:<\/strong><\/span><\/p>\n<p><span style=\"color: #000000;\"><strong>Prepare the journal entries during the period January 1st 2020 to December 31st, 2020 in relation to the equipment (show all workings) Assuming accounting period Jan-Dec.<\/strong><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>SBM3108 Financial Accounting Assessment Question and Answer Need online assignment help for your SBM3108 Financial Accounting? Please explore our website Assignmenttask.com on your excellent scoring. We have experienced professional assignment writers for 100% Plagiarism free Financial Accounting Assignment Help and Essay Writing Help, Case Study Help. &nbsp; &nbsp; Assignment Details:- Course Code:\u00a0SBM3108\u00a0 Course Title:\u00a0financial accounting\u00a0 Referencing Styles: Harvard Words: 2250 University:\u00a0Asia Pacific International College\u00a0 Country:\u00a0AU &nbsp; Task: Question 1 The assignment requires researching the legal environment of the Australian companies. The report should include: The key sources of financial reporting regulation in Australia and explain the roles played by the <a href=\"https:\/\/assignmenttask.com\/answers\/sbm3108-financial-accounting-assignment-help-by-assignment-task-experts\/\" class=\"read-more\">Read More &#8230;<\/a><\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[835],"tags":[3978,3987,3986,3983,3984,3982,3985,3979,3981,3980],"_links":{"self":[{"href":"https:\/\/assignmenttask.com\/answers\/wp-json\/wp\/v2\/posts\/3353"}],"collection":[{"href":"https:\/\/assignmenttask.com\/answers\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/assignmenttask.com\/answers\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/assignmenttask.com\/answers\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/assignmenttask.com\/answers\/wp-json\/wp\/v2\/comments?post=3353"}],"version-history":[{"count":1,"href":"https:\/\/assignmenttask.com\/answers\/wp-json\/wp\/v2\/posts\/3353\/revisions"}],"predecessor-version":[{"id":3354,"href":"https:\/\/assignmenttask.com\/answers\/wp-json\/wp\/v2\/posts\/3353\/revisions\/3354"}],"wp:attachment":[{"href":"https:\/\/assignmenttask.com\/answers\/wp-json\/wp\/v2\/media?parent=3353"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/assignmenttask.com\/answers\/wp-json\/wp\/v2\/categories?post=3353"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/assignmenttask.com\/answers\/wp-json\/wp\/v2\/tags?post=3353"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}