Answer:
D) $26,000
Explanation:
The computation of the acquisition value associated with the non-controlling interest is shown below:
= Cash ÷ acquiring percentage × non- owning percentage
= $234,000 ÷ 0.90 × 0.10
= $26,000
It is computed by simply applied the above formula so that the acquisition value in case of non controlling interest could arrive and the same is to be considered
A. low annual cost-volume.
B. high cost per unit.
C. high annual cost-volume.
D. high a
Answer:
Option "D" is the correct answer to the following statement.
Explanation:
In the process of EMI based purchase or loan, higher you pay the higher times you paid.
In the EMI process, if we make more payment or installment we have to pay more interest, it is a huge disadvantage of EMI based Loan.
Similarly, if we regularly pay a low payment every time this payment method will harm our credit-ability score.
So, Option "D" is the correct answer.
Answer:
$100, $700, $800
Explanation:
Calley Journal entries would include:
Debiting $100 to the cash account
Debit the $700 to the receivables account
Credit $800 to the revenue account
This follows the double entry rule that a credit in one account must correspond to at least one debit in another account.
We debit all asset accounts(receivables,cash) when increased and credit all liabilities account when increased. We credit all income account(revenue) when increased and debit all expenses account when increased.
