Question: SOLUTION MUST IN GOOD ACCOUNTING FORM 3. In such a disclosure, what amount should be reported as total assets? On December 31, 2021, ORANGE Company

SOLUTION MUST IN GOOD ACCOUNTING FORM

3. In such a disclosure, what amount should be reported as total assets? On December 31, 2021, ORANGE Company owned two assets as follows: Equipment Inventory Current cost P 100,000 80,000 Recoverable amount 95,000 90,000 The entity voluntarily disclosed supplementary information about current cost on December 31, 2021. Your

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