hyperinflation - seatwork (integrated company)
TRANSCRIPT
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8/17/2019 Hyperinflation - Seatwork (Integrated Company)
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Integrated Company
Comparative Statement of Financial Position
Restated in terms of December 31, 201 c!rrent pesos
Historical
Cash and cash equivalents 1,050,000
Accounts receivables 1,400,000
Allowance for doubtful accounts (40,000)
NM nventor! 1,"50,000
NM #qui$%ent 1,000,000
NM Accu%ulated &e$reciation (450,000)
NM 'and 00,000
otal Assets 5,410,000
Current 'iabilities *50,000
Noncurrent liabilities 1,100,000
NM +hare Ca$ital ,500,000
-etained #arnin.s 1,4"0,000
otal 'iabilit! and #quit! 5,410,000
Integrated Company
Statement of Income and Retained #arnings
$ear #nded Decmber 31, 201"
Restated to December 31, 201 c!rrent pesos
Historical /raction
+ales 5,50,000 15
Cost of +ales
1,500,000
2urchases *,000,000 1
3A+ 4,500,000
# (1,"50,000) 1
C+ ,50,000
3ross nco%e ,"0,000
#6$enses7
Ad%in 1,00,000 15
&e$reciation 50,000
'oss on 2urchasin. 2ower
otal 1,**0,000
N 1,*40,000
'ess7 nc a6 40,000 1
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%et Income &3',000
-#, be. 00,000
otal 1,"*,000
'ess7 &ividends 2aid (4,000)
-#,end 1,*80,000
1,4"0,000
(0,000) variance
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December 31 201"
/raction -estated
1,050,000
1,400,000
,410,000 (40,000)
150000 ,0",500
0000 ,000,000
0000 (800,000)
0000 1,"00,000
,1,500
*50,000
1,450,000 1,100,000
5 ",50,000 ,00,000
(5,500)
,1,500
-estated
",800,000
,500,000
*,50,000
",50,000
(,0",500)
4,1,500
,1,500
1,*50,000
500,000
10(,2"0
1,85",50
5",50
50,500
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2"3,)"0
(*8*,50)
(140,000)
(*,500)
(5,500)
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December 31 201
Historical /raction -estated
50,000 1" 1,11,5
1,50,000 1" 1,85*,15
(*0,000) 1" (4",5) *,0,15
1,500,000 1 ,500,000
1,000,000 0 ,000,000
(00,000) 0 (400,000)
00,000 0 1,"00,000
5,00,000 ,,15
*00,000 15"5 4",50
1,50,000 15"5 ,45*,15 ,81,5
,500,000 5 ",50,000 8,11,5
00,000 (*8*,50)
5,00,000 ,,15
Net MA, be. -estated 15",50
ncrease in MA, -estated 9 +ales ",800,000
,05",50
&ecrease in MA, -estated
2urchases *,50,000
Ad%in 1,*50,000
nco%e a6 50,500
&ividends *,500 5,880,000
NMA, 015 -estated 1,0"",50
NMA, 015 Historical Cost 8"0,000
*oss on p!rc+asing poer 10(,2"0
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