ACCTROZ_FinalAssessment - Word Search Mirayel Al MI Autober 20 Fle Home Insert Design Layout References Malines Review Vic Help Share Comments X Cut h Copy 3 format Panter Clipboard 12 AA A A A A.EL BIU-X APA- Paste doBC AaBbcc AaBbCd AaBbcc AaB Aalboete AaBbccc ABC AaBbcc AaBbce doc ABC Emphasis 1 Normal Strong Subtitle Body lext Headingi No Spac. 1 Table P. Subtlem. Inherset.. Quote prind Replace Sect Editing Sensit Editor Font PADA Chies Editar QUESTION 3: CONTROL AND EQUITY ACCOUNTING 2. Following from Above what is the value of the Investment in Associate recorded in Super Chaudes a 31 December 2015 Tiyeh Arswer has 1. On 1 January 2018 Super Chalid, a bubble mik tes chain acquired a 30 per cent interest in Highland Tea Lid for $120,000 in cash. As at the acquisition date, the assets of Hablandes Lid were reported at fair value. In addition For the year ended 31 December 2018. Highlandes Lid recorded an atte-axloss of $20,000 . For the year ended 31 December 2019 Histlandes Lid recorded an after-tax pruft of S40,000 and paid a dividend of $5,000. Record the relevant equity accounting adjustments in the books of SuperCha Led for the year ending 31 December 2019 only. SuperCha Uld accounts for its investment in HabandTea Lid using equity accounting record one account in eachine). 3 Supec Cha Lid als guna 45% of another company Denttealid Data Lid was started by Arthur Dent, and the remaining 54% of shares ar sill owned by Dent Family members The Dent Family is very ATGA (OVA 100 PRODIR) and family members do not at along with each other. Ourrendy Super Cha Lid controls 3 out of the Board of Director seats for DentTea Lid. How should SuperCha Ltd account for its imestment in DentTea Lid? Explain why and motivate your answer with reference to the definition of control Account Dabi Credit Type In Antwerhero Account Debit Account Debi Credit Account CARGO Page 1 of 11 1277 wres LY [ngish ISIN Crocs Search here O # ENG 1:13 PM (? AH IS 6/12/2016 T ACCTROZ_FinalAssessment - Word Search Mirayel Al MI Autober 20 Fle Home Insert Design Layout References Malines Review Vic Help Share Comments X Cut h Copy 3 format Panter Clipboard 12 AA A A A A.EL BIU-X APA- Paste doBC AaBbcc AaBbCd AaBbcc AaB Aalboete AaBbccc ABC AaBbcc AaBbce doc ABC Emphasis 1 Normal Strong Subtitle Body lext Headingi No Spac. 1 Table P. Subtlem. Inherset.. Quote prind Replace Sect Editing Sensit Editor Font PADA Chies Editar QUESTION 3: CONTROL AND EQUITY ACCOUNTING 2. Following from Above what is the value of the Investment in Associate recorded in Super Chaudes a 31 December 2015 Tiyeh Arswer has 1. On 1 January 2018 Super Chalid, a bubble mik tes chain acquired a 30 per cent interest in Highland Tea Lid for $120,000 in cash. As at the acquisition date, the assets of Hablandes Lid were reported at fair value. In addition For the year ended 31 December 2018. Highlandes Lid recorded an atte-axloss of $20,000 . For the year ended 31 December 2019 Histlandes Lid recorded an after-tax pruft of S40,000 and paid a dividend of $5,000. Record the relevant equity accounting adjustments in the books of SuperCha Led for the year ending 31 December 2019 only. SuperCha Uld accounts for its investment in HabandTea Lid using equity accounting record one account in eachine). 3 Supec Cha Lid als guna 45% of another company Denttealid Data Lid was started by Arthur Dent, and the remaining 54% of shares ar sill owned by Dent Family members The Dent Family is very ATGA (OVA 100 PRODIR) and family members do not at along with each other. Ourrendy Super Cha Lid controls 3 out of the Board of Director seats for DentTea Lid. How should SuperCha Ltd account for its imestment in DentTea Lid? Explain why and motivate your answer with reference to the definition of control Account Dabi Credit Type In Antwerhero Account Debit Account Debi Credit Account CARGO Page 1 of 11 1277 wres LY [ngish ISIN Crocs Search here O # ENG 1:13 PM (? AH IS 6/12/2016 T
