A 50:50 Joint Operation Was Commenced Between Suncorp Ltd and Stadium

question 15

Multiple Choice

A 50:50 joint operation was commenced between Suncorp Ltd and Stadium Ltd. Suncorp Ltd contributed cash of $200 000, and Stadium Ltd contributed a building with a fair value of $200 000. Using the line-by-line method of accounting, Suncorp Ltd would record which of the following entries?

• A) DR Building in JO $200 000 CR Cash $200 000
• B) DR Cash in JO $200 000 CR Cash $200 000
• C) DR Investment in joint operation $200 000 CR Cash $200 000
• D) DR Cash in JO $100 000 DR Building in JO $100 000
• CR Cash $200 000

---

Definitions:

Ultrasound Image

A medical imaging technique that uses high-frequency sound waves to produce images of structures within the body.

Normal Voiding

The process of urinating without any assistance or difficulties, indicating the healthy function of the urinary tract.

Volume of Urine

The total amount of urine excreted over a defined period, important for assessing kidney function and fluid balance.

Noninvasive Alternative

A treatment or procedure that does not require entering the body or breaking the skin, offering a less risky option to traditional methods.