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Don't say that it Blurred question, the question is clear if you don't want to solve it let someone else solve it and don't classify
Don't say that it Blurred question, the question is clear if you don't want to solve it let someone else solve it and don't classify it as Blurred question.
Part 1 Majer Manufacturing Corporation established a new divisional operation on the west coast in order to manufacture and beli hew products in that market more cheaply. The new division was started with $1,000,000 in cash. In addition, the folloving transfers took place: Ingentory, which had cost Major Manufacturing Corporation $300,000 to produce, was shipped to the new division for 18450,000. Tile division sold.S240,000 of the items shipped from the head office for $530.000. Tdtal income reported by the division in its first year of operations was $55,000. me division remitted $290,000 to the head office. Tide division was granted authority to borrow $400,000 from its local bank and purchase a future plant site. The honey was borrowed and the site was purchased before the end of the year. Required liompute the balance in the Investment in Western Division account on the books of Major Manufacturing's head office the end of the first year of the division's operations. Part 1 Majer Manufacturing Corporation established a new divisional operation on the west coast in order to manufacture and beli hew products in that market more cheaply. The new division was started with $1,000,000 in cash. In addition, the folloving transfers took place: Ingentory, which had cost Major Manufacturing Corporation $300,000 to produce, was shipped to the new division for 18450,000. Tile division sold.S240,000 of the items shipped from the head office for $530.000. Tdtal income reported by the division in its first year of operations was $55,000. me division remitted $290,000 to the head office. Tide division was granted authority to borrow $400,000 from its local bank and purchase a future plant site. The honey was borrowed and the site was purchased before the end of the year. Required liompute the balance in the Investment in Western Division account on the books of Major Manufacturing's head office the end of the first year of the division's operationsStep by Step Solution
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