specific identification method

NO.PZ2023081403000062

问题如下：

Q. Eric’s Used Book Store prepares its financial statements in accordance with IFRS. Inventory was purchased for GBP1 million and later marked down to GBP550,000. One of the books, however, was later discovered to be a rare collectible item, and the inventory is now worth an estimated GBP3 million. The inventory is most likely reported on the balance sheet at:

选项：

A.GBP550,000. B.GBP1,000,000. C.GBP3,000,000.

解释：

B is correct. Under IFRS, the reversal of write-downs is required if net realizable value increases. The inventory will be reported on the balance sheet at GBP1,000,000. The inventory is reported at the lower of cost or net realizable value.

当成为 rare collectible item时, 会把它当作specific identification method看吗?

specific identification method 会以现时价值或是购入成本入帐?

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NO.PZ2023081403000062 问题如下 Q. Eric’s UseBook Store prepares its financistatements in accornwith IFRS. Inventory wpurchasefor GBP1 million anlater markewn to GBP550,000. One of the books, however, wlater scovereto a rare collectible item, anthe inventory is now worth estimateGBP3 million. The inventory is most likely reporteon the balansheet at: A.GBP550,000. B.GBP1,000,000. C.GBP3,000,000. B is correct. Unr IFRS, the reversof write-wns is requireif net realizable value increases. The inventory will reporteon the balansheet GBP1,000,000. The inventory is reportethe lower of cost or net realizable value. 请问“Unr IFRS, the reversof write-wns is requireif net realizable value increases.”这句话怎么理解呢？

2024-12-04 23:54 1 · 回答