4. According to records of Hershey Company showed the following items as of December 31: Php 950,000 600,000 3,500,000 2,000,000 400,000 500,000 Current Assets Non-current Assets Current Liabilities Non-current Liabilities Outstanding ordinary shares January 1 Outstanding ordinary shares December 31 On July 1, Hershey company issued additional 100,000 ordinary shares to funds its investment plan. How much is the book value of Arabica Company as of December 31?

4. According to records of Hershey Company showed the following items as of December 31: Php 950,000 600,000 3,500,000 2,000,000 400,000 500,000 Current Assets Non-current Assets Current Liabilities Non-current Liabilities Outstanding ordinary shares January 1 Outstanding ordinary shares December 31 On July 1, Hershey company issued additional 100,000 ordinary shares to funds its investment plan. How much is the book value of Arabica Company as of December 31?

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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