Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. boarduobedu bha condu toulot mam ng card muomi was

boarduobedu bha condu Toulot Mam NG card MUOMI was appear when half the time intended...

80.2K

Verified Solution

Question

Accounting

image
image
boarduobedu bha condu Toulot Mam NG card MUOMI was appear when half the time intended Mulighetene are Com Thisted and many other 1 Memaining Time: 50 minute 07 seconds Question completion Status Moving to other ton with Questo Question 4 points Manamaco and Muharra Co, have an exchange with no commercial substance. The given by Manamaha w of $120,000 and fair value of 135,000. The asset even up by Muharraghas book of $220.000 indfarve of 5200.000 Cash of 565.000 is received by Muharria What amount should Manama record for the streerd? O A $185,000 O $135,000 OC 5195,000 OD $200,000 Moving to another question will then Question o i 29C 6 ENG 1612 24/10/2021 hp CH1 Manama Co, and Muharraq Co. have an exchange with no commercial substance. The asset given up by Marama has a book value of $120.000 and a fair value of $135,000. The asset given up by Muharrag has a book value of $220,000 and a fair value of $200,000. Cash of $65,000 is received by Muharraq, What amount should Manama record for the asset received? O A $185,000 O $135,000 OC. $195,000 OD. $200,000

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students