19 Final Company has a 290,000 TL investment in Q Corporation (116,0O0 shares of the tota capital represented by 200.000 shares) Q Corporation decided to increase its capital by a total of 150.000 TL Final Company made a commitment to participate in this capital increase (at its current ownership share) and pald 47.000 TL portion in cash.
19 Final Company has a 290,000 TL investment in Q Corporation (116,0O0 shares of the tota capital represented by 200.000 shares) Q Corporation decided to increase its capital by a total of 150.000 TL Final Company made a commitment to participate in this capital increase (at its current ownership share) and pald 47.000 TL portion in cash.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Transcribed Image Text:19 Final Company has a 290.000 TL investment in Q Corporation (116,DO0 shares of the tota capital represented by
200.000 shares). Q Corporation decided to increase its capital by a total of 150.000 TL Final Company made a
commitment to participate in this capital increase (at its current ownership share) and paid 47.000 TL portion in cash.
a) 245 Affiliated Companies account will be debited by 47.000 TL
b) 242 Subsidiaries account will be debited by 87.000 TL
c) 246 Capital Commitments to Affilated Companies account will be credited by 40.000 TL
di
246 Capital Commitments to Affiliated Companies account will be crecited by 37.000 TL
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