Write a custom checked exception called InvalidScoreExceptio…

Write a custom checked exception called InvalidScoreException. The constructor will take in a String message and produce an exception with that message. You should extend directly from the top exception class for checked exceptions.   Canvas Tip: Click on the dropdown that says “Paragraph” and switch to “Preformatted” to get a monospaced font – this can help in coding answers

As a result of its annual assessment of property, plant, and…

As a result of its annual assessment of property, plant, and equipment for indications of impairment, an entity determines that equipment with a carrying amount of ${x} may be impaired due to technological obsolescence. Assume that the assets value in use is determined to be ${a}, its fair value is ${b} and the cost of disposal is ${c}. In addition, the expected future undiscounted net cash flows from the use of the asset and its later disposal are estimated to be ${y}. Calculate the impairment loss of the equipment under IFRS.  [If the answer is $12,345, enter 12345]

Breakfast Tea Corp. continues to own the building that it pu…

Breakfast Tea Corp. continues to own the building that it purchased in early January 2020 and continues to account for this class of asset using the revaluation model (revaluing the class every three years and using straight-line depreciation). The building structure is expected to have a useful life of 25 years with no residual value. The asset’s fair value at December 31, 2025, is $62,850. The asset’s fair value at December 31, 2022, was $77,000. The balance in the Revaluation Surplus (OCI) account before the adjustment is $3,300. Prepare the journal entries to record:1.    Elimination of accumulated depreciation between 2023 to 20252.    Adjustment of the Buildings account to fair value