Solution 36-1 ‘Question Answer eit tae 2900932000 Siac ace orn 00) “oleae Dividend ince (400081) Question? Answer a IFO approach done 1 niin haces m0 ‘Shr vied 205 09 To sae ow Sate pie (30000 128) on se romiune! (2400s) 200,000 From Decor 100s) ‘tarseoeox3.ue000) 600000 Gsinonssle uestion 3 Answer b ‘Average approach Sale pice ‘Cos of shares std (3,000/ 6,000 5,600,000) sinonsale er mn au Lom December 3009 2,600,000 problem 362 (AICPA Adapted. Com Nose crRFEO pec eamaae’ Ate Comey zan000 ean ae as ping Peony NTSS ring 209, A Cpa eat ad a Read nde Pcp auring 018. ‘patito ood Cangay ied denton ey fa on Ae Comins guatapcestASe ‘What amount shouldbe reported dividend income for 20197 & 24.000 Solon 36-2 Anowere Dividend income on een se (aoorn 90030, 240900 Problem363 (AICPA Aap) Dey Company recived vids omstrensmets ing ease share dividend 000s rm Bar Company wien ‘chr Geert ar sts Hay Company owas os than 1% of Parr's share capita. ‘Aca video P1000 fm Lack Compayn ch Dey Aan cilser kro ascot suo desis of Day Compa ‘What amount of dividend revenue should bexepre forthe ya & Bgano & 73808 ‘aon a mS Solution 36:3 Answer “The sar dviden fom Par Company eno an income ii Companys ol sleoanincomebuts ‘Tien end om cote 2a ere ‘Becquly meiod sued. as