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  2. Business
  3. Modern Advanced Accounting in Canada Study Set 2
  4. Quiz 7: A Intercompany Profits in Depreciable Assets B Intercompany Bondholdings

What Would Be the Amount of Other Revenue Appearing on King's

Question 23
Multiple Choice

What would be the amount of other revenue appearing on King's Consolidated Income Statement for the year ended December 31, 2018? A) $359,600. B) $399,600. C) $410,000. D)$420,000.

Related questions
Q 24
What is the total amount of pre-tax profit from intercompany inventory sales that was realized during 2018? A) $2,000. B) $5,000. C) $7,000. D)$10,000.
Q 25
What is the total amount of unrealized pre-tax profits in inventory at the start of 2019? A) Nil. B) $2,000. C) $5,000. D)$8,000.
Q 26
What would be the amount of consolidated patents appearing on King's Consolidated Statement of Financial Position as at December 31, 2018? A) $8,000. B) $10,000. C) $12,000. D)$15,000.
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