Question
Company P advanced 12000 JD to Company S, but Company S did not record the transaction yet. Compute the consolidated balance of cash.Company P advanced
Company P advanced 12000 JD to Company S, but Company S did not record the transaction yet. Compute the consolidated balance of cash.Company P advanced 12000 JD to Company S, but Company S did not record the transaction yet. Compute the consolidated balance of cash.
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| P Company | S Company | Dr Company | Cr Company | consolidated balance |
| Cash | 85000 | 70000 |
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Company Accounting
Authors: Ken Leo, Jeffrey Knapp, Susan McGowan, John Sweeting
11th Edition
0730344770, 9780730344773
