Patula Co acquired 80% of Sanka Co on 1 October 20X5. At this date, some of Sanka Co’s inv

entory had a carrying amount of $600,000 but a fair value of $800,000. By 31 December 20X5, 70% of this inventory had been sold by Sanka Co.

The individual statements of financial position at 31 December 20X5 for both companies show the following:

Patula Co acquired 80% of Sanka Co on 1 October 20

What will be the total inventories figure in the consolidated statement of financial position of Patula Co as at 31 December 20X5？

A.$5,250,000

B.$5,330,000

C.$5,130,000

D.$5,238,000

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发布时间：2023-01-10

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第2题

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Question 4

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