The following information has been taken from the ledger accounts of Yogi Corporation: Total net income since incorporation Total cash dividends paid Carrying value of the company investment is Yogi company declared as property dividend Proceeds from sale of donated shares Total value of stocks dividends distributed Gain on treasury share transactions Unamortized premium on bonds payable Appropriated for contingencies The current balance of unappropriated retained earnings is: a. b. C. d. P2,030,000 P3,200,000 P1,330,000 P1,930,000 P3,200,000 150,000 600,000 150,500 420,000 375,000 413,200 700,000

The following information has been taken from the ledger accounts of Yogi Corporation: Total net income since incorporation Total cash dividends paid Carrying value of the company investment is Yogi company declared as property dividend Proceeds from sale of donated shares Total value of stocks dividends distributed Gain on treasury share transactions Unamortized premium on bonds payable Appropriated for contingencies The current balance of unappropriated retained earnings is: a. b. C. d. P2,030,000 P3,200,000 P1,330,000 P1,930,000 P3,200,000 150,000 600,000 150,500 420,000 375,000 413,200 700,000

Financial Accounting Intro Concepts Meth/Uses

14th Edition

ISBN:9781285595047

Author:Weil

Publisher:Weil

Chapter14: Intercorporate Investments In Common Stock

Section: Chapter Questions

Problem 30P

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