2010: Russia and Ukraine became partners. 2016: Capital, ending was 200,000 and 300,000 respectively. 2017: On April 1, Russia contributed additional cash of P40,000 . On August 1, Ukraine contributed machinery with a fair market value of P90,000 and a net book value of P60,00 when contributed . On June 1 , Russia and Ukraine each withdrew 30,000. On 2017: 1. What is the ending capital of Russia? 2. What is the ending capital of Ukraine? 3. What is the average capital of Russia? 4. What is the average capital of Ukraine ?
2010: Russia and Ukraine became partners. 2016: Capital, ending was 200,000 and 300,000 respectively. 2017: On April 1, Russia contributed additional cash of P40,000 . On August 1, Ukraine contributed machinery with a fair market value of P90,000 and a net book value of P60,00 when contributed . On June 1 , Russia and Ukraine each withdrew 30,000. On 2017: 1. What is the ending capital of Russia? 2. What is the ending capital of Ukraine? 3. What is the average capital of Russia? 4. What is the average capital of Ukraine ?
Financial Reporting, Financial Statement Analysis and Valuation
8th Edition
ISBN:9781285190907
Author:James M. Wahlen, Stephen P. Baginski, Mark Bradshaw
Publisher:James M. Wahlen, Stephen P. Baginski, Mark Bradshaw
Chapter7: Financial Activities
Section: Chapter Questions
Problem 2EIC
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2010: Russia and Ukraine became partners.
2016: Capital, ending was 200,000 and 300,000 respectively.
2017: On April 1, Russia contributed additional cash of P40,000 . On August 1, Ukraine contributed machinery with a fair market value of P90,000 and a net book value of P60,00 when contributed . On June 1 , Russia and Ukraine each withdrew 30,000.
On 2017:
1. What is the ending capital of Russia?
2. What is the ending capital of Ukraine?
3. What is the average capital of Russia?
4. What is the average capital of Ukraine ?
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