The following is a balance sheet for the 2004 period of the Marina and Ades partnership: Cash
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Question:
The following is a balance sheet for the 2004 period of the Marina and Ades partnership:
Cash Rp. 15,000,000.00
Total liabilities of Rp. 10,000,000.00
Other assets
Rp. 35,000,000.00
Marina Capital Rp. 15,000,000.00
Ades capital Rp. 20,000,000.00
Total Assets Rp. 50,000,000.00
Total Liabilities &
Capital
Rp. 50,000,000.00
Suci as an outsider is interested in buying Marina's ownership rights of Rp. 15 million with purchase price of Rp. 17.5 million. Marina agrees to sell her ownership rights to Suci, and Ades too agreed with Saints joining the fellowship.
Requested:
Make a journal and calculate what is the ownership right of Suci as an ally new?
Related Book For
Intermediate Accounting
ISBN: 978-0324592375
17th Edition
Authors: James D. Stice, Earl K. Stice, Fred Skousen
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