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ABC British company as a subsidiary of American parent group provided the following information Require: Find the missing values in US$ for consolidated purposes Temporal

ABC British company as a subsidiary of American parent group provided the following information

Require: Find the missing values in US$ for consolidated purposes

Temporal

Monetary-Nonmonetary

(in Sterling Pound)

Item

B:

A:

100,000

Cash

D:

C:

200,000

Accounts Receivables

F:

E:

100,000

Notes Receivables

200,000

150,000

100,000

Inventories at cost value

H:

G:

200,000

Inventories at market value

J:

300,000

I:

Investments at cost

225,000

225,000

K:

Fixed Assets

M:

L:

100,000

Accounts Payable

O:

N:

200,000

Notes Payable short term

400,000

Q:

P:

Long-term debt

S:

R:

500,000

Common Stocks

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