Valuation of Property Dividends Payable and Retained Earnings: A

NO DATE example 2 : . Property Pinlends cost PMv oct 15 - non - Can assets 300, 00 0 200,000 - Providands in bund Rev 15 450, ood " Dale of Redaration oct 15 ( Pate of Declarata) RE 406,000 Retamed Earnings Yx PP layale 400,006 Ropenly Duckreds Pay a Xx Ree 15 ( Rate of Rayarent ) @ Pile of lourd Retained Earnings 50 0ou No entry Property Dou Paya I rate of Payment to hypereve of Fru Projuly Dividends Payable Ex Property Divided Paya 450,000 Property Imentones 200,ood 150,00 Valuation ! 4 poort dividends magller amount to entry? @ Fair market value Close the POPaga - karaport - dayat no cost price Sa lasalekay da oct us 300,080 200 800 OCT15 cost Rev is Inventories 300,000 409000 oct Us. Oct 1s : RE 10 0, 000 200 064 RE 400,000 Proper Divi Paya P D Payable 400,000 Property Pivi Paya 50,000 50 ,080 15 : Still 400,60# (Pme) RE Less 50 (cani 250,80 Po Payable 400,006 lang ary RE Imentries 300,006 Property Ril Paya 150, 200 loss or Ristinni y 150 800 of fapurity andends 300,000 inventones cost