Calculate the following: 1. The value of Common Shares appearing on (X) 's consolidated balance sheet on
Question:
Calculate the following:
1. The value of Common Shares appearing on (X) 's consolidated balance sheet on June 30, 2020 (3 marks)
2. The amount of Accounts Receivable appearing on (X) 's consolidated balance sheet as at June 30, 2020 (3 marks)
3. The amount of Current Liabilities appearing on (X) 's consolidated balance sheet as at June 30, 2020 (3 marks)
4. The net amount appearing on (X) 's consolidated balance sheet for Equipment as at June 30, 2020 (3 marks)
5. The amount of goodwill appearing on (X) 's consolidated balance sheet as at June 30, 2020 (5 marks)
6. What amount would appear as (X)'s investment in (Y) on its June 30, 2020 consolidated balance sheet? (3 marks)
7. The amount of non-controlling interest appearing on (X) 's consolidated balance sheet as at June 30, 2020 (5 marks)
Modern Advanced Accounting in Canada
ISBN: 978-1259087554
8th edition
Authors: Hilton Murray, Herauf Darrell