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in 01/01/2023, dar company issued 150,000 shares at par$5 for Aed company net assets, in that date the shares was trading for 12 $ in the market, the all outstanding Aed shares was 600,000, the net assets was 2,000,000 of Aed company which equally market except equipement was under valued in the book 50,000 building under valued 100,000,in 31/12/2023 Aed income for the year was 140,000 and delcrade dividend for the year 50,000, investment balance in 31/12/2023 will be: O A. 2,135,000 OB. 1,835,000 O c. 1,800,000$ OD. 1,822,500$

in 01/01/2023, dar company issued 150,000 shares at par$5 for Aed company net assets, in that date the shares was trading for 12 $ in the market, the all outstanding Aed shares was 600,000, the net assets was 2,000,000 of Aed company which equally market except equipement was under valued in the book 50,000 building under valued 100,000,in 31/12/2023 Aed income for the year was 140,000 and delcrade dividend for the year 50,000, investment balance in 31/12/2023 will be: O A. 2,135,000 OB. 1,835,000 O c. 1,800,000$ OD. 1,822,500$

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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in 01/01/2023, dar company issued 150,000 shares at par$5 for Aed company net assets, in that date the shares was trading for 12 $ in the market, the all outstanding Aed shares was 600,000, the net assets was 2,000,000 of Aed company which equally market except equipement was under valued in the book 50,000 building under valued 100,000,in 31/12/2023 Aed income for the year was 140,000 and delcrade dividend for the year 50,000, investment balance in 31/12/2023 will be: O A. 2,135,000 OB. 1,835,000 O c. 1,800,000$ OD. 1,822,500$
Transcribed Image Text:in 01/01/2023, dar company issued 150,000 shares at par$5 for Aed company net assets, in that date the shares was trading for 12 $ in the market, the all outstanding Aed shares was 600,000, the net assets was 2,000,000 of Aed company which equally market except equipement was under valued in the book 50,000 building under valued 100,000,in 31/12/2023 Aed income for the year was 140,000 and delcrade dividend for the year 50,000, investment balance in 31/12/2023 will be: O A. 2,135,000 OB. 1,835,000 O c. 1,800,000$ OD. 1,822,500$
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