Discuss the appropriate treatment in the financial statements of each of the following.
a. Write-down of plant assets due to impairment.
b. A delivery expense on goods sold.
c. Additional depreciation on factory machinery because of an error in computing depreciation for the previous year.
d. Rent received from subletting a portion of the office space.
e. A patent infringement suit, brought 2 years ago against the company, was settled this year by a cash payment of NT$725,000.
f. A reduction in the Allowance for Doubtful Accounts balance, because the account appears to be considerably in excess of the probable loss from uncollectible receivables.
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