n 34 IF equipment account at 1/1/2019 was ( 150,000 for parents ,160,000 for subsidiary)...
80.2K
Verified Solution
Link Copied!
Question
Accounting
n 34 IF equipment account at 1/1/2019 was ( 150,000 for parents ,160,000 for subsidiary) and at 31/12/2019 ( 160,000 for patents , 180,000 for subsidiary) if equipment in subsidiary co fair value at beginning of the year was more than book value by 5,000$ and useful life 5 years . what the amount of equipment reported in consolidated balance sheet in 31/12/2019 ed out of question Select one: a. 344,000 b. 345,000 c. 336,000 d. 335,000
Answer & Explanation
Solved by verified expert
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
