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Could you please assist me with this question ? Question 3 On January 2019 ,Company A has invested in Company B 40% with cost amount
Could you please assist me with this question ?
Question 3 On January 2019 ,Company A has invested in Company B 40% with cost amount 550,000 Baht while the company B invested in Company C 20% with cost amount 25,500 baht. At the end of the year 2019, all related companies had net profit and paid dividend as stated below. 40% 20% V Company A Company B Company C Baht Comp A Comp B Comp C Annual Net Profit (separated Income) 1,200,000 350,000 100,000 Annual Dividend Paid 150,000 50,000 20,000 Questions What is the amount of accounts "Investment in company B" and account "Investment in Company C " in Balance Sheet of company A at the end of period. If the companies had adopted the Equity Method for their investment in their account book ? Show your detail of calculationStep by Step Solution
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