請問有冇人識答啊?急問!

2007-05-06 6:48 pm
A. Seaview Hotel recognises all hotel room rental income on the date when a reservation is received. For the year 2007, many overseas visitors make reservations one year in advance.
B. Pinky Co. Ltd has adopted different methods to calculate the depreciation on the Co. fixture and furniture for the past 3 years.
C. In estimating the provision for bad debts, director of Media Co. Ltd prefers to have a provision is slightly small rather than too large.
更新1:

Required: Identify the element definition, concept, principle, or assumption that appears to be violated in each independent situation below, and write a brief explanation of your reasoning.

回答 (2)

2007-05-09 1:29 am
✔ 最佳答案
a. Seaview violates the accrual concept, as the rental income should be recognized next as together with the related cost.

b. Pinky violates the consistency concept as it adopts different methods to calculate the deprecation.

c. The director violates the prudence concept as he prefers to make a smaller provision for bad debts.
2007-05-15 1:32 am
A. income recognition
B. straight deprecation
C. provision


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