ACCOUNTING 405 (ACCOUNTING 405)
Arizona State University
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Exam (elaborations)
TEST BANK_IFA PART 1B (2015 EDITION)
CHAPTER 12 INVESTMENTS IN ASSOCIATES 1 CHAPTER 12: MULTIPLE CHOICE – COMPUTATIONAL (SET B) – (FOR CLASSROOM INSTRUCTION PURPOSES) 1 CHAPTER 12: THEORY OF ACCOUNTS REVIEWER 6 CHAPTER 12 - SUGGESTED ANSWERS TO THEORY OF ACCOUNTS QUESTIONS 23 CHAPTER 13 AGRICULTURE 24 CHAPTER 13: MULTIPLE CHOICE – COMPUTATIONAL (FOR CLASSROOM INSTRUCTION PURPOSES) 24 CHAPTER 13: THEORY OF ACCOUNTS REVIEWER 28 CHAPTER 13 - SUGGESTED ANSWERS TO REVIEW THEORY QUESTIONS 34 CHAPTER 14 PROPERTY, PLANT AND EQUIPMENT...
Exam (elaborations)
TEST BANK_IFA PART 1B (2015 EDITION)
CHAPTER 12 
 
INVESTMENTS IN ASSOCIATES	1 
CHAPTER 12: MULTIPLE CHOICE – COMPUTATIONAL (SET B) – (FOR CLASSROOM INSTRUCTION PURPOSES)	1 
CHAPTER 12: THEORY OF ACCOUNTS REVIEWER	6 
CHAPTER 12 - SUGGESTED ANSWERS TO THEORY OF ACCOUNTS QUESTIONS 23 
CHAPTER 13 
AGRICULTURE	24 
CHAPTER 13: MULTIPLE CHOICE – COMPUTATIONAL (FOR CLASSROOM INSTRUCTION PURPOSES)	24 
CHAPTER 13: THEORY OF ACCOUNTS REVIEWER	28 
CHAPTER 13 - SUGGESTED ANSWERS TO REVIEW THEORY QUESTIONS	34 
CHAPTER 14 
PROPERTY, PLANT...
Exam (elaborations)
TEST BANK_IFA PART 1B
ACCOUNTING 405: TEST BANK_IFA PART 1B 
Chapter 14: Multiple choice – Computational (SET B) – (For classroom instruction purposes) Acquisition on cash basis 1. LOQUACIOUS TALKATIVE Co. acquired a factory equipment overseas on cash basis for 400,000. Additional costs incurred include the following: ₱ commissions paid to brokers for the purchase of the equipment, 20,000; ₱ import duties of 100,000; non-refundable purchase taxes of 40,000; freight ₱ ₱ cost of transferring the equipment t...