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Dennis_Churaev [7]
2 years ago
5

When a company applies the initial value method in accounting for its investment in a subsidiary, and the subsidiary reports inc

ome in excess of dividends paid, what entry would be made for a consolidation worksheet for the second year?
Business
1 answer:
ioda2 years ago
8 0

Answer:

The entry would be:

Dr Investment in Subsidiary  XX

Cr                 Retained Earnings XX

Explanation:

The IFRS says that the invesments in associates must be accounted for in accordance to equity method. Which says the net difference of profit after tax and dividends received would will go to investment in associate account and the dividend received would go to the retained earnings because it has been cashed.

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Were did west African slave traders get their slaves to sell to Europeans ​
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I don't know but where can i buy

Explanation:

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What do you think is meant by the phrase "both alien and non-alien"?
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I believe it meant both alien immigrants and non-alien immigrants? Is this the correct context, immigration? Or, does it mean extra-terrestrial life? I would need to see context to know for sure, but I believe it is referencing immigration. 
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3 years ago
Wen Co. purchased a building for $200,000. Wen paid $20,000 in lawyer and title fees. Wen also paid an additional $15,000 to mod
Alexeev081 [22]

Answer:

$235,000

Explanation:

A company can capitalize the cost of assets, delivery cost, legal & documentation charge and any other directly attributable cost that is incurred to bring the asset in the condition as intended by management.

Therefore, cost of asset, title fee and building modification fee shall be added in the cost of asset as follows:

Cost of Asset                           200,000

Lawyer and title fee                   20,000

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Total                                          <u>235,000</u>

4 0
3 years ago
On April 1, 2016, Maria Adams established Custom Realty. Maria completed the following transactions during the month of April:A.
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After years of tinkering and reverse engineering initiatives, Kimray had finally unlocked the secrets of the Beta tape format. A
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The correct answer is A; Change in project scope.

Further Explanation:

The project has now changed drastically from Beta tapes to VHS. With this happening, all of the work they had did on the Beta tapes is now null. The company will now have to change the scope of their work to working with VHS tapes.

A few of the things that will have to be done to change the scope of project are;

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Learn more about project scopes at brainly.com/question/13234457

#LearnwithBrainly

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