Avail the Best Solution ACCT311 Intermediate Accounting II Assignment For Homework 1

 

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Assignment Details:

  • Referencing Styles: APA 
  • Words: 1750
  • Course Code: ACCT311
  • Course Title: Intermediate Accounting II
  • University: University of Maryland Global Campus
  • Country: US

Task

 

I received the result of the assignment for Homework 1 that I need to re-read for Liabilities and Reporting the results of operations & IFRS Financial Statements. I like Roger CPA Exam Review for the assignments because I can review and know which chapter I need to work on. For Question 4, why it answers $0? I thought it supposed to answer $410,000. Where can I submit assignments early if I complete them and would like to re-review it? What do you mean by complete sentences and thoughts for all posts? I do not have any issues with my writing with other classes. I have read your post on May 20th for tips.

 

Instruction from teacher:
Professor may specifically create and announce additional learning activities
Prepare an MS Word document with comments on your experience completing this assignment and other learning activities for the week. This document should be at least one paragraph (which is to be comprised of at least 5 sentences) as you summarize your work, ask questions, and consider key topics.

 

A company can estimate the amount of loss that will occur if a foreign government expropriates some company assets.  After considering all of the facts, the company believes that the fair value of the seized assets will be between $300,000 and $450,000, with $410,000 being the most likely amount.  If expropriation is reasonably possible, what amount, if any, should be accrued with respect to the liability? The answer is $0.