ACC510 - Financial Reporting - Finance Assignment

Internal Code: MAS 3707

Finance Assignment Help

TDM Ltd is a manufacturing business at Mudjimba on the Sunshine Coast. You are the accountant for the company and the following items/issues relate to the financial year ending 30 th June, 2016: 1. Photographs of the company’s founders and original buildings, which are of great sentimental and historical value only. 2. TDM Ltd is being sued for negligence by Zero Ltd and the legal advice is that it is likely the company will lose the case in court. 3. TDM Ltd is being sued for negligence by Badger Ltd and the legal advice is that it is likely the company will win the case in court. 4. Obsolete plant and equipment is now (as at 30 June 2016) retired from use by the company. 5. TDM Ltd has received a donation of $20,000.