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Huang Company owns 20,000 of the 50,000 outstanding ordinary shares of Xi Inc.The balance in the investment account at January 1, 2012 was ¥500,000,000.During 2012, Xi earned ¥800,000,000 and paid cash dividends of ¥640,000,000.
-The balance in the Investment in Xi account reported on Huang's December 31, 2012 statement of financial position should be

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Use the following information for questions 
Huang Company owns 20,000 of the 50,000 outstanding ordinary shares of Xi Inc.The balance in the investment account at January 1, 2012 was ¥500,000,000.During 2012, Xi earned ¥800,000,000 and paid cash dividends of ¥640,000,000.
-The balance in the Investment in Xi account reported on Huang's December 31, 2012 statement of financial position should be

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The Answer of Use the following information for questions 
Huang Company owns 20,000 of the 50,000 outstanding ordinary shares of Xi Inc.The balance in the investment account at January 1, 2012 was ¥500,000,000.During 2012, Xi earned ¥800,000,000 and paid cash dividends of ¥640,000,000.
-The balance in the Investment in Xi account reported on Huang's December 31, 2012 statement of financial position should be

Use the Following Information for Questions