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Corrections: Volume II

Chapters 12 to 15
page 23
page 24
page
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137
142
155
161
245
246
259
272

questions 4 and 5: Sales P195,000 instead of P43,000; Shipments from home


office P135,000 instead of P135,000; Accounts receivable P43,000 instead
of P135,000
questions 6 to 8: Accounts receivable P12,800 instead of shipments from home
office
No. 9: Changi Corp 20x4 instead of 2004
Problem VIII Smiths current assets should be P350,000 instead of P950,000.
Problem XVI: change the name Peter to Pure
Nos. 35 to 36: 2nd par. Atwood issued 50,000 shares instead of 50
No. 66: Using the same information in No. 64 and 65,
Problem V: Assuming the same data in Problem IV
Problem VII: Assuming the same data in Problem IV
Questions 9 to 17: PP Corporation acquired 70 percent instead 90 percent
No. 10. Under PFRS 3 instead of SFAS 141R

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