IF equipment account at 1/1/2019 was ( 50,000 for parents ,60,000 for subsidiary ) and at 31/12/2019 ( 160,000 for patents , 180,000 for subsidiary ) if equipment in subsidiary co fair value at beginning of the year was less than book value by 5,000$ and useful life 5 years . what the amount of equipment reported in consolidated balance sheet in 1/1/2019 Select one: a. 106,000 b. 110,000 c. 105,000 d. 104,000
IF equipment account at 1/1/2019 was ( 50,000 for parents ,60,000 for subsidiary ) and at 31/12/2019 ( 160,000 for patents , 180,000 for subsidiary ) if equipment in subsidiary co fair value at beginning of the year was less than book value by 5,000$ and useful life 5 years . what the amount of equipment reported in consolidated balance sheet in 1/1/2019 Select one: a. 106,000 b. 110,000 c. 105,000 d. 104,000
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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IF equipment account at 1/1/2019 was ( 50,000 for parents ,60,000 for subsidiary ) and at 31/12/2019 ( 160,000 for patents , 180,000 for subsidiary ) if equipment in subsidiary co fair value at beginning of the year was less than book value by 5,000$ and useful life 5 years . what the amount of equipment reported in consolidated balance sheet in 1/1/2019
Select one:
a. 106,000
b. 110,000
c. 105,000
d. 104,000
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