i need to solve my question

my subject is advanced accounting

i need to create 2 different financial statement of your own figures

make the number different

i wont to send me the solution in word document

Avoid plagiarism

answered must be typed using Times New Roman (size 12, double-spaced) font

i will give you the PowerPoint for the chapter

this is the question

  • On Jan, 1 2014, Peter Corp. (a U.S. based company) formed a new subsidiary in Saudi Arabia, Saeed Inc., with an initial investment of 30,000 SAR.

Assume Saeed Inc. Purchases inventory evenly throughout 2014.

The ending inventory is purchased Nov. 30, 2014.

Uses straight-line depreciation on fixed assets.

Declares and pays dividends on Nov. 30, 2014.

Purchased the fixed assets on April 1, 2014.

Uses SAR as the functional currency.

Exchange Rates are given:

Jan 1, 2014 0.260

April 1, 2014 0.255

Nov. 30, 2014 0.240

Dec. 31, 2014 0.238


Prepare a schedule to Saeed’s financial statements on Dec. 31, 2014 to U.S. dollars.

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