Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Cash balances for P is 90000 JD and for Sis 70000 JD Company P advanced 16000 JD to Company S, but Company S did not

image text in transcribed

Cash balances for P is 90000 JD and for Sis 70000 JD Company P advanced 16000 JD to Company S, but Company S did not record the transaction yet. After recording the elimination entries, the consolidated balance of cash is: Select one O a. 172000 O b. 174000 O c. 176000 O d. 178000

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

More Books

Students also viewed these Accounting questions

Question

=+a) Find a 95% confidence interval for the mean price of dinner.

Answered: 1 week ago

Question

4. Does cultural aptitude impact ones emotional intelligence?

Answered: 1 week ago