{ "key_pair_value_system": true, "answer_rating_count": "", "question_feedback_html": { "html_star": "", "html_star_feedback": "" }, "answer_average_rating_value": "", "answer_date_js": "2024-06-28T06:42:17-04:00", "answer_date": "2024-06-28 06:42:17", "is_docs_available": null, "is_excel_available": null, "is_pdf_available": null, "count_file_available": 0, "main_page": "student_question_view", "question_id": "4254514", "url": "\/study-help\/questions\/the-following-information-are-made-available-by-r-farms-of-4254514", "question_creation_date_js": "2024-06-28T06:42:17-04:00", "question_creation_date": "Jun 28, 2024 06:42 AM", "meta_title": "[Solved] The following information are made availa | SolutionInn", "meta_description": "Answer of - The following information are made available by R Farms of its dairy livestock: Carrying amount, January 1, 2029P450,0 | SolutionInn", "meta_keywords": "information,made,farms,dairy,livestock,carrying,amount,january,1,2029p450,000,fv,less", "question_title_h1": "The following information are made available by R Farms of its dairy livestock: Carrying amount, January 1, 2029P450,000 FV less cost to sell of livestock", "question_title": "The following information are made available by R Farms of its dairy", "question_title_for_js_snippet": "The following information are made available by R Farms of its dairy livestock Carrying amount, January 1, 2029P450,000 FV less cost to sell of livestock purchased during the period250,000 Increase in FV less cost to sell attributable to physical changes220,000 Increase in F less cost to sell attributable to price changes64,000 Total selling price less cost to sell of livestock sold during the period290,000 What amount shall be included in gross income of R Farms as a result of the transactions on its dairy livestock P64,000 P284,000 P290,000 P220,000", "question_description": "

The following information are made available by R Farms of its dairy livestock:<\/p>

<\/p>

Carrying amount, January 1, 2029P450,000<\/p>

FV less cost to sell of livestock purchased during the period250,000<\/p>

Increase in FV less cost to sell attributable to physical changes220,000<\/p>

Increase in F less cost to sell attributable to price changes64,000<\/p>

Total selling price less cost to sell of livestock sold during the period290,000<\/p>

<\/p>

What amount shall be included in gross income of R Farms as a result of the transactions on its dairy livestock?<\/p>

<\/p>

P64,000<\/p>

P284,000<\/p>

P290,000<\/p>

P220,000<\/p>", "transcribed_text": "", "related_book": { "title": "Elementary Statistics", "isbn": "0321836960, 978-0321836960", "edition": "12th Edition", "authors": "Mario F. Triola", "cover_image": "https:\/\/dsd5zvtm8ll6.cloudfront.net\/si.question.images\/book_images\/450.jpg", "uri": "\/textbooks\/elementary-statistics-12th-edition-450", "see_more_uri": "" }, "free_related_book": { "isbn": "1849803919", "uri": "\/textbooks\/the-economics-of-resource-rich-economies-1st-edition-978-1849803915-278127", "name": "The Economics Of Resource Rich Economies", "edition": "1st Edition" }, "question_posted": "2024-06-28 06:42:17", "see_more_questions_link": "\/study-help\/questions\/business-finance-2024-September-13", "step_by_step_answer": "The Answer is in the image, click to view ...", "students_also_viewed": [ { "url": "\/roberson-fashions-capital-structure-consists-of-30-percent-debt-and", "description": "Roberson Fashions capital structure consists of 30 percent debt and 70 percent common equity. Roberson is considering raising new capital to finance its expansion plans. The companys investment...", "stars": 3 }, { "url": "\/study-help\/coaching-supervision-a-practical-guide-for-supervisees\/2-what-are-your-current-strengths-in-being-an-appreciative-1983697", "description": "2 What are your current strengths in being an appreciative coach?", "stars": 3 }, { "url": "\/robert-campbell-and-carol-morris-are-senior-vice-presidents-of", "description": "Robert Campbell and Carol Morris are senior vice presidents of the Mutual of Chicago Insurance Company. They are codirectors of the companys pension fund management division, with Campbell having...", "stars": 3 }, { "url": "\/study-help\/questions\/explain-how-to-determine-the-funded-status-of-a-defined-9861939", "description": "Explain how to determine the funded status of a defined benefit pension plan, determine pension expense (including the amortization of pension gains or losses), the companys journal entry related to...", "stars": 3 }, { "url": "\/study-help\/questions\/the-percentage-of-pet-owners-in-the-us-spiked-over-897231", "description": "The percentage of pet owners in the U.S. spiked over the past 35 years, according to pet owner statistics analyzed by Forbes Advisor.The steady rise in pet ownership in the U.S. comes at a time when...", "stars": 3 }, { "url": "\/study-help\/questions\/required-information-the-following-information-applies-to-the-questions-displayed-5808848", "description": "Required information [The following information applies to the questions displayed below.) Tyrell Company entered into the following transactions involving short-term liabilities. Year 1 April 20...", "stars": 3 }, { "url": "\/study-help\/questions\/explain-the-characteristics-of-a-good-system-of-control-8887889", "description": "Explain the characteristics of a good system of control", "stars": 3 }, { "url": "\/study-help\/questions\/state-the-importance-of-control-8887890", "description": "State the importance of control", "stars": 3 }, { "url": "\/study-help\/questions\/what-are-the-barriers-to-effective-communication-what-measures-do-8887891", "description": "What are the barriers to effective communication? What measures do you suggest to overcome them?", "stars": 3 }, { "url": "\/study-help\/questions\/what-are-the-functions-of-top-management-8887892", "description": "What are the functions of top management?", "stars": 3 }, { "url": "\/study-help\/questions\/bring-out-the-limitations-of-planning-8887893", "description": "Bring out the limitations of planning.", "stars": 3 } ], "next_back_navigation": { "previous": "\/study-help\/questions\/jill-vogel-and-pete-dell-have-to-do-a-class-4254513", "next": "\/study-help\/questions\/the-cost-formula-for-wages-and-salaries-is-2030-per-4254515" }, "breadcrumbs": [ { "name": "Study help", "link": "https:\/\/www.solutioninn.com\/study-help\/questions-and-answers" }, { "name": "Business", "link": "https:\/\/www.solutioninn.com\/study-help\/questions-and-answers\/business" }, { "name": "Accounting", "link": "https:\/\/www.solutioninn.com\/study-help\/questions\/business-accounting" }, { "name": "The following information are made available by R Farms of its dairy", "link": "https:\/\/www.solutioninn.com\/study-help\/questions\/the-following-information-are-made-available-by-r-farms-of-4254514" } ], "skill_details": { "skill_id": "9", "skill_name": "Accounting", "parent_id": "1" } }": "1" } }