{ "key_pair_value_system": true, "answer_rating_count": "", "question_feedback_html": { "html_star": "", "html_star_feedback": "" }, "answer_average_rating_value": "", "answer_date_js": "2024-06-28T05:41:49-04:00", "answer_date": "2024-06-28 05:41:49", "is_docs_available": null, "is_excel_available": null, "is_pdf_available": null, "count_file_available": 0, "main_page": "student_question_view", "question_id": "4248115", "url": "\/study-help\/questions\/on-1-january-2012-cowboys-ltd-acquired-all-the-issued-4248115", "question_creation_date_js": "2024-06-28T05:41:49-04:00", "question_creation_date": "Jun 28, 2024 05:41 AM", "meta_title": "[Solved] On 1 January 2012, Cowboys Ltd acquired a | SolutionInn", "meta_description": "Answer of - On 1 January 2012, Cowboys Ltd acquired all the issued shares in Tate Ltd. At that date, the inventory of Tate Ltd had | SolutionInn", "meta_keywords": "1,january,2012,cowboys,ltd,acquired,issued,shares,tate,date,inventory,fair", "question_title_h1": "On 1 January 2012, Cowboys Ltd acquired all the issued shares in Tate Ltd. At that date, the inventory of Tate Ltd had a fair", "question_title": "On 1 January 2012, Cowboys Ltd acquired all the issued shares in", "question_title_for_js_snippet": "On 1 January 2012, Cowboys Ltd acquired all the issued shares in Tate Ltd At that date, the inventory of Tate Ltd had a fair value of $10,000 more than its carrying amount By 30 June 2013, 75 of the inventory was sold to an entity outside of the group The net impact of the consolidation adjustment against inventory as at 30 June 2013 will be Select one 0 A a debit of $7500 0 B a credit of $5000 0 C a debit of $2500 0 D a debit of $5000", "question_description": "

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\"image<\/div><\/div><\/div> On 1 January 2012, Cowboys Ltd acquired all the issued shares in Tate Ltd. At that date, the inventory of Tate Ltd had a fair value of $10,000 more than its carrying amount. By 30 June 2013, 75% of the inventory was sold to an entity outside of the group. The net impact of the consolidation adjustment against inventory as at 30 June 2013 will be: Select one: 0 A. a debit of $7500. 0 B. a credit of $5000. 0 C. a debit of $2500. 0 D. a debit of $5000", "transcribed_text": "", "related_book": { "title": "Entrepreneurial Finance", "isbn": "1305968352, 978-1337635653, 978-1305968356", "edition": "6th edition", "authors": "J. Chris Leach, Ronald W. Melicher", "cover_image": "https:\/\/dsd5zvtm8ll6.cloudfront.net\/si.question.images\/book_images\/1482.jpg", "uri": "\/textbooks\/entrepreneurial-finance-6th-edition-1482", "see_more_uri": "" }, "free_related_book": { "isbn": "0367448238", "uri": "\/textbooks\/integral-transforms-reproducing-kernels-and-their-applications-1st-edition-978-0367448233-271728", "name": "Integral Transforms Reproducing Kernels And Their Applications", "edition": "1st Edition" }, "question_posted": "2024-06-28 05:41:49", "see_more_questions_link": "\/study-help\/questions\/business-economics-2023-September-08", "step_by_step_answer": "The Answer is in the image, click to view ...", "students_also_viewed": [ { "url": "\/ifrs-for-smes-has-been-referred-to-as-ifrs-lite", "description": "IFRS for SMEs has been referred to as IFRS lite. 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