Question: Please the solution be complete for the three branches, in addition to photographing in a clear manner Please the solution be clear during the shooting,

Please the solution be complete for the three branches, in addition to photographing in a clear manner Please the solution be clear during the shooting, please
 Please the solution be complete for the three branches, in addition

Green acquired all the common shares of Black on 1/1/2016 and the ownership method was adopted to prove the investment account in Black. After 4 years from the date of purchase, the investment account balance amounted to 397,800 dinars in the book of Green Company. 1. What are the items that make up the balance of this account? 2. If you know that 3% of the change in the investment account relates to fair value allocations, while 40% results from the operations of the subsidiary company during each of the past four years equally. What is the value of the investment account at the end of the second year and the end of the fourth year if the method approved for dealing with the investment account is the partial ownership method? 3. If you know that 3% of the change in the investment account relates to fair value allocations, while 40% results from the operations of the subsidiary company during each of the past four years equally. What is the value of the investment account if the approved method for dealing with the investment account is the cost method at the end of the fourth year

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!