Case 7-1 Columbia Corporation Courtia Corooretion, USse compary, axired a 100 perimast in Swnoda Comaany in Ladz, Pcand, on anuar, 1 YEar 1, when the xchange rae hr the Poish zcty (PLN) as 5025 e financ al siabeirerts of Swcboce as of December 31 Year 2. , e i: Ralere Shart DECmbr 21, Your 2 i 1 ww , m A N 12 0 dydro o 4 Ices Les tTrwier Ly a ELU unlaSachisidera" Bquty FIk 1 L 2 2 S aticome ard Reained Earaing Far he YEding Dacember 22, Year2 H nd devciop cr cccrs or Le hid YEs PY e L20 Adduonal nomion Ihe uary 1, Year 2, begiing inwernary uf PLN 3,000,0co was ued on Decemter 15. Year 1, en de exchange rae was 0.15 Purcheses of entrry aring Year wera aonirad unrarly thunhout the year. Thr December 31, Yor 2, nding rrertory f N 42000 as aqured eventy thougou the uhquarter ol Year 2 when die exchange ree was 30.18. Al ieJ asse were on Ue books when Ue suusidiary ws aied axep 1ar M 2.500000 o eqipmen, tid ws acquirec o anary 3, Year 2, en the cxrhange mic wns S0.13, and FLN ,ULC idres, wich were acquired an August , Yeer 2 len U ecuige tale was 40.17. Lyuiument is derecele u a siie ss ove 10 years. Duicings se deprecialed a saghlia basis ouer 10 years A nll years depreciation ie taken in hr yar rais nnn CMrcrs e coclamn and naid on Doccmber 15, Yar 320 2, tereexcharpe ral s S0.1. ex ua: rescs tor Year 2 aru ! sher ihe exchange ana was 0.17. Eumant e depradiated on a sragic-Ine aasis ouar 0 years Ruldings ane ceecianedt on a Screenshot saved Tap to view your screenshot Share Edit Delete 1 ccr 150 Required Tarslate SAtcca's trancial statemems intr US dola n Us GAMP yLmter 31. Y 2 i te follosina sceren Asumethe Paish zichy ttc hunchanal crcncy. The Dcemacr 21 Yeer 1, reared earings amuut hal appeared i Sautcca's Uaislelec ficiel sialements wes $56,250. The Decerber 31, Year,a enva trarslaon ausimert Y aopaae in Senbods tranelaied balanoe shoat was nagat S505,25 Asaee U.S. dul is Ueuniunel uriey. Te Devember 1. Yer 1, reareclearnings amount that appeared in Sachooa's remaas hnanrl stntnmenm wnn 1MN2.500 Asae e e ibed in ( eue ds ns no long-am celx nsread, Ewoboda has common stock of PIN .000000 and ancitional painein capial of PLN 25, 000.000. The Lecerber 1, Yuar 1, etned cemngs amourt thial appeared ni Stuaeessred inamil salemes ws eglie 36 500 Expln whe sign nt the mans nnon anjusimenisin (la (Ih an (1E poe r egairc. Case 7-2 Palmerstown Company elmers Crperty established a subsidiary in al ureign couriry on January 1, Yeer 1 by invesing 8.000,000 pounds when dhe echanne rate as $10pnund. Palmersiown neconated a hank nan CU Case 7-1 Columbia Corporation Courtia Corooretion, USse compary, axired a 100 perimast in Swnoda Comaany in Ladz, Pcand, on anuar, 1 YEar 1, when the xchange rae hr the Poish zcty (PLN) as 5025 e financ al siabeirerts of Swcboce as of December 31 Year 2. , e i: Ralere Shart DECmbr 21, Your 2 i 1 ww , m A N 12 0 dydro o 4 Ices Les tTrwier Ly a ELU unlaSachisidera" Bquty FIk 1 L 2 2 S aticome ard Reained Earaing Far he YEding Dacember 22, Year2 H nd devciop cr cccrs or Le hid YEs PY e L20 Adduonal nomion Ihe uary 1, Year 2, begiing inwernary uf PLN 3,000,0co was ued on Decemter 15. Year 1, en de exchange rae was 0.15 Purcheses of entrry aring Year wera aonirad unrarly thunhout the year. Thr December 31, Yor 2, nding rrertory f N 42000 as aqured eventy thougou the uhquarter ol Year 2 when die exchange ree was 30.18. Al ieJ asse were on Ue books when Ue suusidiary ws aied axep 1ar M 2.500000 o eqipmen, tid ws acquirec o anary 3, Year 2, en the cxrhange mic wns S0.13, and FLN ,ULC idres, wich were acquired an August , Yeer 2 len U ecuige tale was 40.17. Lyuiument is derecele u a siie ss ove 10 years. Duicings se deprecialed a saghlia basis ouer 10 years A nll years depreciation ie taken in hr yar rais nnn CMrcrs e coclamn and naid on Doccmber 15, Yar 320 2, tereexcharpe ral s S0.1. ex ua: rescs tor Year 2 aru ! sher ihe exchange ana was 0.17. Eumant e depradiated on a sragic-Ine aasis ouar 0 years Ruldings ane ceecianedt on a Screenshot saved Tap to view your screenshot Share Edit Delete 1 ccr 150 Required Tarslate SAtcca's trancial statemems intr US dola n Us GAMP yLmter 31. Y 2 i te follosina sceren Asumethe Paish zichy ttc hunchanal crcncy. The Dcemacr 21 Yeer 1, reared earings amuut hal appeared i Sautcca's Uaislelec ficiel sialements wes $56,250. The Decerber 31, Year,a enva trarslaon ausimert Y aopaae in Senbods tranelaied balanoe shoat was nagat S505,25 Asaee U.S. dul is Ueuniunel uriey. Te Devember 1. Yer 1, reareclearnings amount that appeared in Sachooa's remaas hnanrl stntnmenm wnn 1MN2.500 Asae e e ibed in ( eue ds ns no long-am celx nsread, Ewoboda has common stock of PIN .000000 and ancitional painein capial of PLN 25, 000.000. The Lecerber 1, Yuar 1, etned cemngs amourt thial appeared ni Stuaeessred inamil salemes ws eglie 36 500 Expln whe sign nt the mans nnon anjusimenisin (la (Ih an (1E poe r egairc. Case 7-2 Palmerstown Company elmers Crperty established a subsidiary in al ureign couriry on January 1, Yeer 1 by invesing 8.000,000 pounds when dhe echanne rate as $10pnund. Palmersiown neconated a hank nan CU