Business
Business, 23.06.2021 04:30, apexdude2020

On January 1, 20X5 the fair market value of Slice's assets equaled their book value with the exception of Plant Assets (with an estimated economic life of 6 years) which had a fair market value in excess in Slice's depreciable assets of $33,000. Pizza used the equity method in accounting for its investment in Slice. Detailed analysis of receivables and payables showed that Slice owed Pizza $10,000 on December 31, 20X5. Required: A. Give all journal entries recorded by Pizza with regard to its investment in Slice during 20X5. B. Give all consolidating entries needed to prepare a full set of consolidated financial statements for 20X5.

answer
Answers: 1

Other questions on the subject: Business

image
Business, 22.06.2019 11:50, dinero0424
After graduation, you plan to work for dynamo corporation for 12 years and then start your own business. you expect to save and deposit $7,500 a year for the first 6 years (t = 1 through t = 6) and $15,000 annually for the following 6 years (t = 7 through t = 12). the first deposit will be made a year from today. in addition, your grandfather just gave you a $32,500 graduation gift which you will deposit immediately (t = 0). if the account earns 9% compounded annually, how much will you have when you start your business 12 years from now?
Answers: 1
image
Business, 23.06.2019 10:10, dozsyerra
Burnley and co., a graphic design firm, has offices in new york, texas, california, new mexico, and new jersey. each of these offices is headed by a president who reports directly to emma burnley, the ceo. the heads of the centralized hr, finance, and marketing teams report to emma burnley as well. managers in the various offices also report to the ceo directly. based on this information, which of the following statements is most likely to be true? a) emma burnley has a wide span of control. b) burnley and co. has a tall hierarchical structure. c) emma burnley is underworked. d) burnley and co. is a mechanistic organization.
Answers: 3
image
Business, 23.06.2019 15:00, Nadyah7269
Which of the following actions would be most likely to reduce potential conflicts of interest between stockholders and managers? a. change the corporation's formal documents to make it easier for outside investors to acquire a controlling interest in the firm through a hostile takeover. b. eliminate a requirement that members of the board of directors must hold a high percentage of their personal wealth in the firm's stock. c. for a firm that compensates managers with stock options, reduce the time before options are vested, i. e., the time before options can be exercised and the shares that are received can be sold. d. pay managers large cash salaries and give them no stock options. e. beef up the restrictive covenants in the firm's debt agreements.
Answers: 1
image
Business, 23.06.2019 16:00, ryanbransky
Monroe just left his second job in the marketing, sales, and service career pathway. he was self-employed at his first job, and worked for a nonprofit for his second job. he recently took another job in logistics and distribution.  which  best  explains monroe’s career history? monroe worked in marketing communications and promotions in his first job, professional sales and marketing in his second job, and now works for a private company. monroe worked in buying and merchandising in his first job, e-marketing in his second job, and now works for the government. monroe worked in professional sales and marketing in his first job,  management and entrepreneurship in his second job, and is now  self-employed. monroe worked in   marketing research  in his first job, professional sales and marketing in his second job, and now works for a private company.
Answers: 3
Do you know the correct answer?
On January 1, 20X5 the fair market value of Slice's assets equaled their book value with the excepti...

Questions in other subjects:

Konu
Mathematics, 18.10.2020 09:01
Konu
History, 18.10.2020 09:01
Konu
Mathematics, 18.10.2020 09:01
Konu
History, 18.10.2020 09:01