3. Company Alpha sold in cash to Beta a machine for 1.500 €, including a profit of 300 €. Make the appropriate adjustments on the following scenarios, assuming full consolidation method and a tax rate of 50%: a. By the end of the year, the machine remained at Betas's balance sheet. b. By the end of the year, the machine was sold by Beta for 2.000 € to third parties.
3. Company Alpha sold in cash to Beta a machine for 1.500 €, including a profit of 300 €. Make the appropriate adjustments on the following scenarios, assuming full consolidation method and a tax rate of 50%: a. By the end of the year, the machine remained at Betas's balance sheet. b. By the end of the year, the machine was sold by Beta for 2.000 € to third parties.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Just adjustment
Transcribed Image Text:3. Company Alpha sold in cash to Beta a machine for 1.500 €, including a profit of 300 €. Make the appropriate
adjustments on the following scenarios, assuming full consolidation method and a tax rate of 50%:
a. By the end of the year, the machine remained at Betas's balance sheet.
b. By the end of the year, the machine was sold by Beta for 2.000 € to third parties.
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