balance sheet wo foreign companies E14-3 y Fi e nc purchasent rate for Japanese yen and Thai baht HB at hatp0 us 2013. The spot rate for Japanese yen and Th ll net assets' book value for the two companies equalto heir i 100% of two foreign c ompanies, Ringo Ltd for $350,000 and Po ayudtr$125,000 ectively. All Dec - o companies equal to their fair value at the purchase da respec pance sheets for the three compaies on December 31,2013 are as fllo at the purchase date Separate Hue Ringo Pokay Cash and equivalents Accounts receivable $200 20,000 THB1,000 $150 0,000 THB 750 $500 Y5.000 THB5,00 $850 6500 THB6750 Plant asscts-net Total assets $50 5,000 THE 500 $200 20,000 THB 1,000 $500 #30.000 THB 4,000 $100 Y10,000 THB1,250 Acccunts payable Notes payable Coinmon stock Retained earnings Total liability and equity3 REQUIRED: P RED: Prepare are consolidated balance sheet for January 1, 2014 balance sheet wo foreign companies E14-3 y Fi e nc purchasent rate for Japanese yen and Thai baht HB at hatp0 us 2013. The spot rate for Japanese yen and Th ll net assets' book value for the two companies equalto heir i 100% of two foreign c ompanies, Ringo Ltd for $350,000 and Po ayudtr$125,000 ectively. All Dec - o companies equal to their fair value at the purchase da respec pance sheets for the three compaies on December 31,2013 are as fllo at the purchase date Separate Hue Ringo Pokay Cash and equivalents Accounts receivable $200 20,000 THB1,000 $150 0,000 THB 750 $500 Y5.000 THB5,00 $850 6500 THB6750 Plant asscts-net Total assets $50 5,000 THE 500 $200 20,000 THB 1,000 $500 #30.000 THB 4,000 $100 Y10,000 THB1,250 Acccunts payable Notes payable Coinmon stock Retained earnings Total liability and equity3 REQUIRED: P RED: Prepare are consolidated balance sheet for January 1, 2014