Probe RS) rn Of ee Sa ail ta Spear ar eer. Tcate aa tS eeasonoment fee aan iene teil Ni Becomes at ey ‘ ut assets 600009 See pe {sae Sc a ‘see ss ednined ering “The ral of benetaseteofBee Company athe date of soqistog vias 5, 000,000 “Therecoveabenountofthe nesses of Bee Companys 7.000009 onDesenber 31,2020. ‘Wat is the caring amount ofthe investment in associate on December 31, 20207 2. 1,800,000 5 2700000 = 130000 & 100,000 Solution 38-6 Answer a Investment nazscit (20%x6,0,000) gon Another sppreach Acqusin eon ‘oonae Rosmoqon tion (00 000-2.000,000%30%) "301000 Excess nt five Invetmentin assist “gon, Acguistioncost 10,08 Netases acquired 5% x 5009000) san09 Excess net fair value —inloed investment income S00 Theinvesonentnasociaesotingied because th ‘of P1,800,000islowertan hereon ecanying amas Gove’ 7,000,000)" Pan eovertbe amount of P2, 100.0 a5 problem 38-7 (AICPA Adis) ret Caney ef Sah Cai {or P2000000 on onary 213, Ganka ta give Crantthesbllynecrctcsgiseuriater uving 29, South exmed P0020 aie of P5000. Southend caningst P0000 for be mt ce ine 30,2020 a 2,050 fre year ended Decen 1-3020, (on Sly 1, 2020, ra sl af he invest Sout for 'P1,500,000 cash . ‘ Sout pid vide of P00 ecb, 2020, “Their value ofthe eae invent P0000 9, ‘Hao and 72:00 00 on Decber 1,200. “Teresi avesnet isto be lds fanci ase a vase Trough proitorloss 1. Om December 31, 2019 what the earngamoust of th Shes inasocae? 2000000 & 2fecon0 © 240,000 & 2500000 2. Whatis the carping amount ofthe investment in associate before pool one 3 2007 1730000 %. 2300000 © isso 240,000 3: What total amount ofincome should be report a. 1seo00 5, 1/4100 & 11160,00 , 1/260,000 edin20002 49