Corrections 12 15
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Corrections: Volume II Chapters 12 to 15 page 23 questions 4 and 5: Sales – P195,000 instead of P43,000; Shipments from home office – P135,000 instead of P135,000; Accounts receivable – P43,000 instead of P135,000 page 24 questions 6 to 8: Accounts receivable – P12,800 instead of shipments from home office No. 9: Changi Corp – 20x4 instead of 2004 page 137 Problem VIII Smith’s current assets should be P350,000 instead of P950,000. page 142 Problem XVI: change the name “Peter” to “Pure” page 155 Nos. 35 to 36: 2 nd par. Atwood issued 50,000 shares instead of 50 page 161 No. 66: Using the same information in No. 64 and 65,… page 245 Problem V: Assuming the same data in Problem IV page 246 Problem VII: Assuming the same data in Problem IV page 259 Questions 9 to 17: PP Corporation acquired 70 percent instead 90 percent page 272 No. 10. Under PFRS 3 instead of SFAS 141R
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Corrections in the book
Transcript of Corrections 12 15
Corrections: Volume II
Chapters 12 to 15page 23 questions 4 and 5: Sales – P195,000 instead of P43,000; Shipments from home
office – P135,000 instead of P135,000; Accounts receivable – P43,000 instead of P135,000
page 24 questions 6 to 8: Accounts receivable – P12,800 instead of shipments from home officeNo. 9: Changi Corp – 20x4 instead of 2004
page 137 Problem VIII Smith’s current assets should be P350,000 instead of P950,000.page 142 Problem XVI: change the name “Peter” to “Pure”page 155 Nos. 35 to 36: 2nd par. Atwood issued 50,000 shares instead of 50page 161 No. 66: Using the same information in No. 64 and 65,… page 245 Problem V: Assuming the same data in Problem IVpage 246 Problem VII: Assuming the same data in Problem IVpage 259 Questions 9 to 17: PP Corporation acquired 70 percent instead 90 percentpage 272 No. 10. Under PFRS 3 instead of SFAS 141R
