"The general assembly of the ABC Public Shareholding Company decided to distribute the net profit of the company JD 320,000. T balance of retained earnings on 1/1/2018 is JD 18,000. Compulsory reserve for 2018 is" 64000 18000 32000 48000
"The general assembly of the ABC Public Shareholding Company decided to distribute the net profit of the company JD 320,000. T balance of retained earnings on 1/1/2018 is JD 18,000. Compulsory reserve for 2018 is" 64000 18000 32000 48000
Intermediate Accounting: Reporting And Analysis
3rd Edition
ISBN:9781337788281
Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Chapter13: Investments And Long-term Receivables
Section: Chapter Questions
Problem 11RE
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