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the amount of equity of owners of parent is:

the amount of equity of owners of parent is:

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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The following data are drawn from ABC company in 31-12-2020 Debit Credit Account Cash and cash equivalents Treasury shares Inventories Share premium Revaluation surplus Intangible Assets Select one: O O O Non-controlling interests Investment property Retained earnings 10,000 Accounts payable 10,000 Share capital 70,000 Total 160,000 160,000 Under IAS 1, the amount of equity of owners of parent is: O 10,000 10,000 30,000 a. 130000 b. All answers are false c. 120000 d. 320000 e. 140000 f. 160000 100,000 10,000 50,000 10,000 10,000
Transcribed Image Text:The following data are drawn from ABC company in 31-12-2020 Debit Credit Account Cash and cash equivalents Treasury shares Inventories Share premium Revaluation surplus Intangible Assets Select one: O O O Non-controlling interests Investment property Retained earnings 10,000 Accounts payable 10,000 Share capital 70,000 Total 160,000 160,000 Under IAS 1, the amount of equity of owners of parent is: O 10,000 10,000 30,000 a. 130000 b. All answers are false c. 120000 d. 320000 e. 140000 f. 160000 100,000 10,000 50,000 10,000 10,000
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