Exam (elaborations)
FAC 3703 SPECIFIC FINANCIAL REPORTING
- Course
- FAC 3703
- Institution
- Miami Dade College
FAC 3703 SPECIFIC FINANCIAL REPORTING FAC3703 May-Jun 2017 Paper 1 Suggested solution Question 1 a) Calculate employee benefits W1. Salary: (275 000 x 9 months [Apr – Dec]) 2 475 000 (275 000 x 3 months [Jan – Mar] x 100/110) 750 000 Bonus paid: 275 000 Bonus obligation OB: (...
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