Honey Company has a herd of 102-year old animals on January 1, 2016. One animal aged 25 years was purchased on July 1 , 2016 for P108 , and two animal was born on December 31, 2016 No animal were sold or disposed of during the year. The fair value less cost of disposal per unit is as follows: 100 108 70 105 2-year old animal on January 1 25-year old animal on July 1 New born animal on July 1 2-year old animal on December 31 2.5-year old animal on December 31 Newborn animal on December 31 3-year old animal on December 31 0.5-year old animal on December 31 ary 111 72 120 80 What is the total amount to be presented in 2016 Statement of Comprehensive Income?
Honey Company has a herd of 102-year old animals on January 1, 2016. One animal aged 25 years was purchased on July 1 , 2016 for P108 , and two animal was born on December 31, 2016 No animal were sold or disposed of during the year. The fair value less cost of disposal per unit is as follows: 100 108 70 105 2-year old animal on January 1 25-year old animal on July 1 New born animal on July 1 2-year old animal on December 31 2.5-year old animal on December 31 Newborn animal on December 31 3-year old animal on December 31 0.5-year old animal on December 31 ary 111 72 120 80 What is the total amount to be presented in 2016 Statement of Comprehensive Income?
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question
Honey Company has a herd of 102-year old animals on January 1, 2016. One animal aged 25 years was purchased on July 1 , 2016 for P108 , and two animal was born on December 31, 2016 No animal were sold or disposed of during the year. The fair value less cost of disposal per unit is as follows: 100 108 70 105 2-year old animal on January 1 25-year old animal on July 1 New born animal on July 1 2-year old animal on December 31 2.5-year old animal on December 31 Newborn animal on December 31 3-year old animal on December 31 0.5-year old animal on December 31 ary 111 72 120 80 What is the total amount to be presented in 2016 Statement of Comprehensive Income?
Expert Solution
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
This is a popular solution!
Trending now
This is a popular solution!
Step by step
Solved in 2 steps
Knowledge Booster
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, accounting and related others by exploring similar questions and additional content below.Recommended textbooks for you
Accounting
Accounting
ISBN:
9781337272094
Author:
WARREN, Carl S., Reeve, James M., Duchac, Jonathan E.
Publisher:
Cengage Learning,
Accounting Information Systems
Accounting
ISBN:
9781337619202
Author:
Hall, James A.
Publisher:
Cengage Learning,
Accounting
Accounting
ISBN:
9781337272094
Author:
WARREN, Carl S., Reeve, James M., Duchac, Jonathan E.
Publisher:
Cengage Learning,
Accounting Information Systems
Accounting
ISBN:
9781337619202
Author:
Hall, James A.
Publisher:
Cengage Learning,
Horngren's Cost Accounting: A Managerial Emphasis…
Accounting
ISBN:
9780134475585
Author:
Srikant M. Datar, Madhav V. Rajan
Publisher:
PEARSON
Intermediate Accounting
Accounting
ISBN:
9781259722660
Author:
J. David Spiceland, Mark W. Nelson, Wayne M Thomas
Publisher:
McGraw-Hill Education
Financial and Managerial Accounting
Accounting
ISBN:
9781259726705
Author:
John J Wild, Ken W. Shaw, Barbara Chiappetta Fundamental Accounting Principles
Publisher:
McGraw-Hill Education