会计代考 | Question 3 on Revaluation of assets and sale of assets

本次澳洲代考主要为会计相关的测试

问题3 资产重估和资产出售

HCB Manufacturing Ltd 购买了三台新的液压车床，用于制造大型船舶。购买详情如下：

购买日期（所有车床） 31/3/X1
成本
车床 A — $ 65,000
车床 B — $ 99,000
车床 C — $ 110,000

有用的生命
车床 A — 5 年
车床 B — 6 年
车床 C — 4 年

残值
车床 A — $15,000
车床 B — $ 30,000
车床 C — $ 10,000

车床的公允价值重新评估如下：

30/6/X1 — 没有实质性变化

30/6/X2 — 车床 A — 42,000 美元，使用寿命和残值保持不变

车床 B — $ 80,000 美元，使用寿命和残值保持不变

车床 C – 100,000 美元，使用寿命和残值保持不变

30/6/X3 — 车床 B — 85,000 美元，使用寿命和残值保持不变

车床 C – $56,000，使用寿命和残值保持不变

30/6/X4 — 车床 C — 15,000 美元，使用寿命和残值保持不变

车床销售

12 月 31 日，20×2 车床 A 以 40,000 美元的价格售出

20X4 年 3 月 31 日，车床 B 以 45,000 美元售出

（注意 – 车床 C 留在公司）

必需的

根据 AASB 116，从购买车床到 30/6/X4（包括 30/6/X4）为上述所有交易准备日记帐分录。假设财政年度在每年的 6 月 30 日结束。不需要旁白。

交易时间顺序

以您认为有用的方式排列信息很重要。这是这样做的一种方式。

Question 3 on Revaluation of assets and sale of assets

HCB Manufacturing Ltd has purchase three new Hydraulic Lathes which are used in the manufacture of large ships.  Details of the purchase are:

• Date of purchase (all Lathes) 31/3/X1
• Cost
• Lathe A —  $65,000
• Lathe B —  $99,000
• Lathe C —  $110,000

• Useful lives
• Lathe A —  5 years
• Lathe B —  6 years
• Lathe C —  4 years

• Residual values
• Lathe A —  $15,000
• Lathe B —  $30,000
• Lathe C —  $10,000

The fair value of the Lathes were re-assessed as follows:

• 30/6/X1 — there was no material change

• 30/6/X2 —  Lathe A  —  $42,000 and useful life and residual value remained unchanged

Lathe B  —  $80,000 and useful life and residual value remained unchanged

Lathe C  —  $100,000 and useful life and residual value remained unchanged

• 30/6/X3 —  Lathe B  —  $85,000 and useful life and residual value remained unchanged

Lathe C  —  $56,000 and useful life and residual value remained unchanged

• 30/6/X4 —  Lathe C  —  $15,000 and useful life and residual value remained unchanged

Sale of Lathes

On the 31^st December 20×2 Lathe A was sold for $40,000

On the 31^st March 20X4 Lathe B was sold for $45,000

(NB – Lathe C remains at the company)

Required

Prepare journal entries for all of the above transactions pursuant to AASB 116 from purchase of the Lathes up to and including 30/6/X4.  Assume the financial year ends on 30^th June each year.   Narrations are not required.

Chronological order of transactions

It’s important that you arrange the information in a manner which you find useful.  This is one way of doing this.