Q 2.On the 5th of March, 2020, Zenith travel services extended an offer for 3...
80.2K
Verified Solution
Link Copied!
Question
Accounting
Q 2.On the 5th of March, 2020, Zenith travel services extended an offer for 3 of their branches for 150,000 kd. By 7th July, they reduced the price and extended their offer for 120,000kd due to the recession of the economy and customer demand decreasing. The customer gave a counteroffer for 110,000kd which Zenith travel accepted. At what value should the branches be recorded in Zenith travel services?
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!
