MBA作业要求：企业管理个人作业

Assessment Task 2: Individual assignment 评估任务2：个人essay
 
Weighting: 权重15% - There are 3 questions involved in this assignment.  Each question will contribute an equal amount towards the 15%. The marks attached to the parts of each question should be used as a guide to help you maximise your outcomes.  
Learning objectives assessed: 学习目标评估
This assessment task is designed to verify your achievement of learning objectives 2 to 5.
Due date: Monday, 1 October 
Penalty for late lodgement晚递交essay的惩罚
A penalty of 1% of the total mark allocated to this assessment task will be deducted for each day, or part thereof, it is late.
Task details: 任务细则
Question 1 – Company Accounting问题1- 公司会计
Majadas Ltd was incorporated on 1 July 2010. 马哈达斯有限公司成立于2010年7月1日。The directors of the company immediately issued a prospectus inviting applications for 50,000 × $1.80 ordinary shares, payable in full on application. 该公司董事会立即发行了说明书，为50,000×1.80美元的普通股股份招纳申请者，申请时须于缴足股金。Applications closed on 31 August 2010, and the offer had been oversubscribed by 10,000 shares.
On 1 September 2010, directors allotted the shares to successful applicants, and refunded the excess application money.
On 31 December 2010, Majadas Ltd issued 20,000 × $5, 6% preference shares in exchange for land. On 30 June 2011 the company announced a profit of $63,000, which was closed to retained earnings. Directors announced a final dividend of 4 cents per share for the ordinary shares, and a pro-rata final dividend on the preference shares adjusted for the period of issue. Company income tax expense was $18,900 and company tax payable was $17,500. Assume that the dividends were declared on the reporting date and therefore would be recognised as a liability.
Required: 要求
(a) Prepare general journal entries for all of the transactions and events of Majadas Ltd for its first year of operation. 为马哈达斯有限公司第一年运作的所有的交易和事项准备一般的日记帐分录。
(b) Show the Statement of Shareholders Equity as at 30 June 2011.
(c) Why should companies initially record share application money in a bank trust account?
Explain.
                  (9 + 2 + 1 = 12 marks)
 
Question 2 – Revaluation and Impairment问题2 - 重估及减值
Solar Company commenced its business as the manufacturer of solar cells to generate electricity On 1 January 2009, it acquired equipment costing $1,625,000 to produce solar cells. 太阳能公司在2009年1月1日太阳能电池发电制造商开展业务，它花费了1625000美元的设备成本，生产的太阳能电池。Solar Company has a policy of recognising its equipment using the cost model. The company also has a policy of straight-line depreciation and considers that the equipment will have a useful life of 5 years with nil residual value.#p#分页标题#e#
On the 31 December 2009, a potential change in government policy regarding the use of solar power caused Solar Company to consider whether the equipment was impaired. The value in use was estimated to be $845,000 and the net selling price was estimated to be $780,000. Twelve months later, Solar Company again has to reassess the recoverable amount of the equipment due to fact that the government has passed the solar usage law as proposed earlier.  The value in use was estimated to be $1,040,000 and the net selling price was estimated to be $1,105,000.
Required: 要求
(a) Discuss how to decide whether a non-current asset is impaired? 讨论如何决定非流动资产是否减值了呢？  
(b) Explain the treatment of increases and decreases in the value of non-current assets.
(c) Prepare the journal entries for year ended 31 December 2009 and 31 December 2010 to record the depreciation, impairment (if any) and consequences from reassessing the recoverable amount of the manufacturing equipment (if any). Justify your entries and show all workings.
(2 + 1 + 9 = 12 marks)
 
Question 3 – Income Recognition问题3 - 收入确认
‘Springfield’ bottles natural spring water for sale to wholesalers and retailers. 斯普林菲尔德将天然温泉水装瓶出售给批发商和零售商。The business commenced operations on 1 July 2010 with $100,000 cash at bank, and plant and equipment costing $200,000. The plant and equipment has an estimated life of ten years and zero residual value.
During the year ended 30 June 2011, the following transactions and events occurred:
• Production of 1,800,000 litres of water at a cost per litre of 25¢ (paid in cash);
• Depreciation on plant and equipment $20,000;
• Operating expenses which included advertising of $50,000 and other operating expenses of $24,000, all paid in cash;
• Sales of 1,500,000 litres of water on credit at 50¢ per litre;
• Cash receipts from customers for 800,000 litres of water at 50¢ per litre;
• Inventory on hand at the end of the period comprised 300,000 litres of water.
 
Required: 要求
Prepare Income Statements and Statement of Financial Positions for the year ending 30 June 2011 assuming that revenue was recognised at the: 准备截止到六月三十日的年度的收益表及财务状况表，假设收入通过以下方面来确认：
(a) point of production; and
(b) point of cash receipts.
Note: State any assumptions and show all workings.
(6 + 8 = 14 marks)
Plagiarism抄袭
In order to ensure the academic integrity of your submission and to deter others from copying your work, your submission may be processed by a plagiarism checker such as Turnitin. 为了确保您提交的essay的学术诚信和阻止其他人复制你的工作，你的提交的essay可能会进行如Turnitin的抄袭检查。 The University's plagiarism policy can be found at URL:  
Extensions of time 
Applications for an extension of time allocated to an in-semester assessment task must be made by completing the application form found at URL:  The application form must be submitted to the Chief Examiner for consideration no later than two University working days after the due date.
Submission details:http://ukthesis.org/jjxzy/
Assignments should be submitted via the department assignment box at various locations. OCL students should refer to their unit guide.  Work submitted for assessment must be accompanied by a completed and signed assignment coversheet, available at URL:  Return of marks:
Marked assignments will be returned to you during tutorials in Week 12.  If you do not attend the tutorial in Week 12 you may collect your assignment from your tutor during consultation times from the Swot-vac week onwards. You should retain the marked copy of your submission until the final results for the unit are released.
Criteria for assessment:
Overall, the work submitted for assessment will be graded in accord with the table showing examples of grades and corresponding achievement levels published in the Q Manual (2012, p.6).