- Mark limited has a defined benefit plan that pays retirement benefits to all participating employees.
-Calculate the employee benefit expense to be recognized in profit or loss (5 marks)
– Calculate the re-measurement of the net, defined liability /asset to be
recognized in other comprehensive income
-Explain how non-payment of contribution and the change in the pension benefit should be treated in the financial statements of the company - Danson Limited is a company operating in the food and beverage industry in Namibia. The company purchased its only item of equipment on 2nd January 2021 for
N$ 10 000 000. - Chan Limited is a company operate in the finishing industry The following item was identify by the audit of it’s financial statements for the current year ended 31 December 2022 no adjustment for this has yet been processed on the following scenario.
Financial Accounting 31 0 (GFA711S) Test 2 2022 question solved
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