Answered step by step
Verified Expert Solution
Question
1 Approved Answer
2. The adjusting of machines of 31/12/2018 by JD price at 31/12/2019* (2 Points) a) 352.8 b) 230.76 O c) 246.15 d)213.33 * Required Use
2. The adjusting of machines of 31/12/2018 by JD price at 31/12/2019* (2 Points) a) 352.8 b) 230.76 O c) 246.15 d)213.33 * Required Use the information below to answer questions (1-8) XYZ Company began its activities at 31/12/2018 by consolidating X, Y and Z companies, registered all its assets with fair value. The following is accounts appeared in B/S and income statement. (in JD) for 2018 A/R 200 Machines 200 inventory 180 capital 170 For 2019 A/R230 machines 300 inventory 150 capital 170 Sales 900 depreciation expense 30 dividends 50 Notes 1. price index numbers: 130% at 31/12/2018 150% represent the mean of 2019 160% at 31/12/2019 2. A machine of 100 JD cost was purchased at 1/7/2019 depreciated at 10% 3. Sales purchases and expenses happen during the year. 4. Dividends were paid at 31/12/2019. 2. The adjusting of machines of 31/12/2018 by JD price at 31/12/2019* (2 Points) a) 352.8 b) 230.76 O c) 246.15 d)213.33 * Required Use the information below to answer questions (1-8) XYZ Company began its activities at 31/12/2018 by consolidating X, Y and Z companies, registered all its assets with fair value. The following is accounts appeared in B/S and income statement. (in JD) for 2018 A/R 200 Machines 200 inventory 180 capital 170 For 2019 A/R230 machines 300 inventory 150 capital 170 Sales 900 depreciation expense 30 dividends 50 Notes 1. price index numbers: 130% at 31/12/2018 150% represent the mean of 2019 160% at 31/12/2019 2. A machine of 100 JD cost was purchased at 1/7/2019 depreciated at 10% 3. Sales purchases and expenses happen during the year. 4. Dividends were paid at 31/12/2019
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started