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Stellar PLC
You are the senior accountant for Stellar PLC , a company that sells specialized electronic equipment. The bookkeeper has prepared the following trial balance for the year ended 31 December 2023 . Stellar PLC - Trial Balance as at 31 December 2023 Account Debit (€) Credit (€) Revenue 1,250,000 Cost of Sales 720,000 Administrative Expenses 185,000 Distribution Costs 95,000 Land (at cost) 200,000 Buildings (at cost) 400,000 Plant & Machinery (at cost) 150,000 Accumulated Deprec
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Oct 26, 20255 min read
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![Global Dynamics PLC [50 marks]](https://static.wixstatic.com/media/ed07af_80e71641daaf47838c9f4bb82f4f2519~mv2.png/v1/fill/w_454,h_341,fp_0.50_0.50,q_95,enc_avif,quality_auto/ed07af_80e71641daaf47838c9f4bb82f4f2519~mv2.webp)
Global Dynamics PLC [50 marks]
Introduction Global Dynamics PLC is a large, publicly listed multinational conglomerate with its headquarters in the United Kingdom. The company's functional and presentation currency is the British Pound (£). The financial year ends on December 31, 2024. You are the Group Financial Reporting Manager, tasked with preparing a technical report for the Audit Committee on several complex accounting matters that have arisen during the year. Part A: The 'Titan' Manufacturing Facili
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Oct 17, 20255 min read


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