Use the information below to adjust the items in questions (16-24) ABC company began its activities at Dec 31.2014 by consolidating AR and companies registered all its assets with fait value. The following are items of B/S for 2014 and 2015: For 2014 Cash and A/R 400 Inventory = 300 Lands = 30 Machines = 420 Acc. Depreciation Current liabilities 160 Long term liabilities 200 Capital (common stocks) 200 Premium-560 Retain eamings = 0 For 2015: Cash and A/R 520 Inventory 260 Lands = 60 Machines = 540 Acc. Depreciation - 48 Current abilities - 130 Long term liabilities 232 Capital (common stod) - 200 Premium we=560 Retained amings - 100 The following are dems of income statement for 2015 Sales = 1500 Purchaus 1000 Beginning wentary 300 Ending inventory = 260 Depreciation expense = 48 Other expense 192 Tax expense - 140 Propee dividende = 60 Note t. Prices of inde number 14031/12/2014 150% the mean of 2015 13 at 31/12/2015 2. A machine of 120 10 cost was purchased at 1/2015 deprecated at 10 tighe e method 3.Dividends were pada 10/12/2015 16. Cash and A/R of B/S of 31/12/2014 adjusted by ID price at 31/12/2015 (2 points 10 BE 17. Machines of B/S of 31/12/2014 adjusted by 3D price at 31/12/2015 (2 points) 448 367.5 450 450 18. Current Liabilities of B/S of 31/12/2014 adjusted by ID price at 31/12/2015 (2 points) O 170.67 182.86 17143 160 19. Machines of B/S of 31/12/2015 adjusted by JD price at 31/12/2015 2 points) 617.14 576 600 57857 20. Sales adjusted by ID price at 31/12/2015 2 points) 1500 06 21. The expense adjusted by price al 31/12/2015 21. Tax expense adjusted by ID price at 31/12/2015 (2 Points) 160 150 1493 13125 22 Depreciation expense adjusted by JD price at 31/12/2015 (2 points) 512 54.36 544 5143 23. Proposed dividends adjusted by 10 price at 31/12/2015 3 Points 853 13 24. Purchasing power loss equals Points Sub Use the information below to adjust the items in questions (16-24) ABC company began its activities at Dec 31.2014 by consolidating AR and companies registered all its assets with fait value. The following are items of B/S for 2014 and 2015: For 2014 Cash and A/R 400 Inventory = 300 Lands = 30 Machines = 420 Acc. Depreciation Current liabilities 160 Long term liabilities 200 Capital (common stocks) 200 Premium-560 Retain eamings = 0 For 2015: Cash and A/R 520 Inventory 260 Lands = 60 Machines = 540 Acc. Depreciation - 48 Current abilities - 130 Long term liabilities 232 Capital (common stod) - 200 Premium we=560 Retained amings - 100 The following are dems of income statement for 2015 Sales = 1500 Purchaus 1000 Beginning wentary 300 Ending inventory = 260 Depreciation expense = 48 Other expense 192 Tax expense - 140 Propee dividende = 60 Note t. Prices of inde number 14031/12/2014 150% the mean of 2015 13 at 31/12/2015 2. A machine of 120 10 cost was purchased at 1/2015 deprecated at 10 tighe e method 3.Dividends were pada 10/12/2015 16. Cash and A/R of B/S of 31/12/2014 adjusted by ID price at 31/12/2015 (2 points 10 BE 17. Machines of B/S of 31/12/2014 adjusted by 3D price at 31/12/2015 (2 points) 448 367.5 450 450 18. Current Liabilities of B/S of 31/12/2014 adjusted by ID price at 31/12/2015 (2 points) O 170.67 182.86 17143 160 19. Machines of B/S of 31/12/2015 adjusted by JD price at 31/12/2015 2 points) 617.14 576 600 57857 20. Sales adjusted by ID price at 31/12/2015 2 points) 1500 06 21. The expense adjusted by price al 31/12/2015 21. Tax expense adjusted by ID price at 31/12/2015 (2 Points) 160 150 1493 13125 22 Depreciation expense adjusted by JD price at 31/12/2015 (2 points) 512 54.36 544 5143 23. Proposed dividends adjusted by 10 price at 31/12/2015 3 Points 853 13 24. Purchasing power loss equals Points Sub