Accounting records in the current year of coronet co.

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Indicate how the following items are recorded in the accounting records in the current year of Coronet Co.

(a) Impairment of goodwill.

(b) A change in depreciating plant assets from accelerated to the straight-line method.

(c) Large write-off of inventories because of obsolescence.

(d) Change from the cash basis to accrual basis of ac- counting.

(e) Change from LIFO to FIFO method for inventory valuation purposes.

(f) Change in the estimate of service lives for plant assets