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E3- 2.
Company A’s year end is 31 March 2009. Its financial statements were authorised for issue by its directors on 6 May 2009 and the AGM will be held on 3 June 2009. The following matters have been brought to your attention: (1) On 5 April 2009, the bankruptcy of a customer who has trade receivable due to Company A at year end has been published. (2) On 30 April 2009, the destruction of a plant by fire after year end. (3) On 15 May 2009, a decline after year end in the market value of an investment
Required: Please indicate below transactions are adjusting or non-adjusting events |