Question 12 Not yet answered Marked out of 1.00 Flag question on 1/1/2019 X CO...
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Question 12 Not yet answered Marked out of 1.00 Flag question on 1/1/2019 X CO acquired 80% of Y common stock for $150,000 in the same day the Y net assets was $ 140,000 in the same date the fair value of assets and liabilities were equal .year ended 31/12/2019 Y reported income $50,000,declared dividend $30,000 ,X using equity methods what is non-controlling interest balance on 1/1/2019 Select one: a. 37,500 b. 50,000 c. 47,500 d. 10,000
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