Question
Use the information below to answer questions (1-8) XYZ Company began its activities at 31/12/2018 by consolidating X, Y and Z companies, registered all its
Use the information below to answer questions (1-8) XYZ Company began its activities at 31/12/2018 by consolidating X, Y and Z companies, registered all its assets with fair value. The following is accounts appeared in B/S and income statement. (in JD) for 2018 A/R 200 Machines 200 inventory 180 capital 170 For 2019 A/R 230 machines 300 inventory 150 capital 170 Sales 900 depreciation expense 30 dividends 50 Notes 1. price index numbers: 130% at 31/12/2018 150% represent the mean of 2019 160% at 31/12/2019 2. A machine of 100 JD cost was purchased at 1/7/2019 depreciated at 10% 3. Sales purchases and expenses happen during the year. 4. Dividends were paid at 31/12/2019.
1.The adjusting of A/R of 31/12/2018 by JD price at 31/12/2019Required to answer. Single choice.
2.The adjusting of machines of 31/12/2018 by JD price at 31/12/2019
3.The adjusting of inventory of 31/12/2019 by JD price at 31/12/2019
The adjusting of capital of 31/12/2019 by JD price at 31/12/2019.
.The adjusting of machines of 31/12/2019 by JD price at 31/12/2019
The adjusting of sales:
The adjusting of dividends :
The adjusting of depreciation expense
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