Tuesday 15 November 2011

[Pak Youth] Fwd: mgt401 gdb correct solution



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-Costs of Howard Pharmaceutical Inc accordance with IAS 16 – Property, Plant & Equipment: Cost of plant (inclusive of income tax 200000 note 1) 2700000 Initial delivery & handling cost 200000 Cost of site preparation 600000 Consultant hired for advice on the acquisition of the plant 700000 Interest charges paid to supplier of plant for deferred credit 200000 Estimated dismantling cost to be incurred after 7 year 300000 Total cost 4700000 (note 1: income tax 200000 is already included in cost of plant)



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"Luck is not in your hand but work is in your hand Luck never make your work but work can make your luck so always trust in yourself you can do everything"



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