its corporate accounting assignment. has to be done in one word format. you can get all information in assignment file and excel file. you have to start doing assignment from excel file by putting up...

Student #

151678

Step 1:

Select your student number from the drop down list

Step 2:

Find your following assignment question and follow the directions .

Important: The file should be opened in Excel

Step 3:

Prepare your assignment including Part A and part B in Microsoft Word.

Step 4:

Upload your assignment in Turnitin before the due date.

This assignment has 2 parts,
2000 +/- 10% words in total. Submission should be on Turnitin, ONE WORD format File.

The assignment must be typed, use Arial font, 12, to avoid plagiarism, make sure you do proper referencing, at least use 6 references, to be submitted the soft copy in Turnitin and hard copy
in lecture Week 11. Please ensure you attach a KOI assignment cover sheet, with ID numbers and signed.
Late assignments will be penalised,by deduction of mark per day.

Part A:A short essay about the following:

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Part B:Provide all calculations and related journal entries for the following case:

Gali Ltd has determined that its fine china division is a CGU. The carrying amounts of the assets at 30 June 2015 are as follows:

Account

Carrying Amount

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Total CA

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Gali Ltd calculated the value in use of the division to be:

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If the fair value less costs of disposal of the

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Required

Prepare the journal entry(ies) for any impairment loss occurring at 30 June 2015 including supporting calculations.