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What the total assets that will appear in the statement

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Reference no: EM133043846

Question - The total assets of the Sufian Company (subsidiary) appeared in the book at 220,000 dinars and at the fair value of 250,000 dinars, and the book required 35,000 dinars at the fair value of 50,000 dinars. As for the Safwan Company (Holding), its total book assets were 500,000 dinars, with a fair value of 520,000, of which it is located in the Sufian Company, and its value is 200,000 dinars, and its value is 100,000 dinars.

Required -

1. What the total assets that will appear in the statement of financial position, economic unit.

2. What the total equity that will appear in the statement of financial position.

Reference no: EM133043846

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