Question: E 1 2 - 5 Translation LO 1 2 - 4 , 1 2 - 5 On January 1 , 2 0 X 1 ,

E12-5 Translation LO 12-4,12-5On January 1,20X1, Popular Creek Corporation organized SunTime Company as a subsidiary in Switzerland with an initial investment cost of Swiss francs (SFr)67,000. SunTimes December 31,20X1, trial balance in SFr is as follows: DebitCreditCashSFr8,200 Accounts Receivable (net)21,500 Receivable from Popular Creek 6,000 Inventory 28,000 Plant E12-5 Translation LO 12-4,12-5On January 1,20X1, Popular Creek Corporation organized SunTime Company as a subsidiary in Switzerland with an initial investment cost of Swiss francs (SFr)67,000. SunTimes December 31,20X1, trial balance in SFr is as follows: DebitCreditCashSFr8,200 Accounts Receivable (net)21,500 Receivable from Popular Creek 6,000 Inventory 28,000 Plant

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