The balance sheet of Cairo Joint Stock Company in 2018/1/1 Assets: current assets 140000 fixed assets 380000 Patent 1100
Posted: Mon May 30, 2022 6:37 am
The balance sheet of Cairo Joint Stock Company in 2018/1/1
Assets:
current assets 140000
fixed assets 380000
Patent 110000
Celebrity shop 127000
Total assets 757000
Obligations and property rights
Current liabilities 200,000
Capital of 250000
Allawi, the issuance of shares is 150000
The retained earnings are 157000
Total liabilities and equity 757000
Degla Company decided to acquire the assets of Cairo Company after its fair evaluation.
Current assets 120000
Fixed assets 130000
Patent 150000
Knowing that the cost of the merger is 750,000, I paid in cash
Assets:
current assets 140000
fixed assets 380000
Patent 110000
Celebrity shop 127000
Total assets 757000
Obligations and property rights
Current liabilities 200,000
Capital of 250000
Allawi, the issuance of shares is 150000
The retained earnings are 157000
Total liabilities and equity 757000
Degla Company decided to acquire the assets of Cairo Company after its fair evaluation.
Current assets 120000
Fixed assets 130000
Patent 150000
Knowing that the cost of the merger is 750,000, I paid in cash