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Please Use your keyboard (Don't use handwriting) Thank you.. HW 4: Following Balances at 31122018: Cost 520000 Equity Percentage 16% Investment MED Bank (Available) Ahly
Please Use your keyboard (Don't use handwriting) Thank you..
HW 4: Following Balances at 31\12\2018: Cost 520000 Equity Percentage 16% Investment MED Bank (Available) Ahly Bank (Trading) Ali Company (Available) M&M Company Market Value 485000 915000 315000 2250000 800000 12% 340000 18% 150000 23% Required : 1- Journal 2- Determine the Impact on the Financial Statements at 31\12\2018 HW 5: Following Balances at 31/12/2016: Investment Capital Market Value Equity Percentage M&G (Trading) 12000000 1900000 14% T&S 15000000 3650000 22% A&B (Available) 16000000 1450000 10% If you know that: 1- at 31/12/2016 Companies Realized profit or loss as follows: M&G-Realized profit +100000 -T&S Realized loss 2000000 Profit -A&B Realized profit 3200000 2-Cash profit percentage is 80% HW 4: Following Balances at 31\12\2018: Cost 520000 Equity Percentage 16% Investment MED Bank (Available) Ahly Bank (Trading) Ali Company (Available) M&M Company Market Value 485000 915000 315000 2250000 800000 12% 340000 18% 150000 23% Required : 1- Journal 2- Determine the Impact on the Financial Statements at 31\12\2018 HW 5: Following Balances at 31/12/2016: Investment Capital Market Value Equity Percentage M&G (Trading) 12000000 1900000 14% T&S 15000000 3650000 22% A&B (Available) 16000000 1450000 10% If you know that: 1- at 31/12/2016 Companies Realized profit or loss as follows: M&G-Realized profit +100000 -T&S Realized loss 2000000 Profit -A&B Realized profit 3200000 2-Cash profit percentage is 80%Step by Step Solution
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