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Mice21 [21]
3 years ago
14

1. A parent provides consulting services to its wholly-owned subsidiary during the year. The parent charged the subsidiary $600,

000 for the services. The parent's cost of providing the services is $520,000. The companies use service revenue and service expense, as appropriate, to record this transaction on their own books. The consolidation eliminating entry or entries related to the intercompany services include an adjustment to the subsidiary's accounts as follows: A. a credit to service revenue, $600,000. B. a debit to service expense, $520,000. C. a credit to service expense, $600,000. D. a debit to service revenue, $520,000.
Business
1 answer:
Fed [463]3 years ago
6 0

Answer:

C

Explanation:

When consolidating parent and a wholly-owned subsidiary we aim to eliminate entries related to the inter company services. Since the subsidiary had recorded a debit to service expense when it was rendered, the adjusting entry would be a credit to the service expense amount by the same figure charged i.e. $600,000 in this case

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Amanda and Jeremy argue about the employment of children in tobacco farms in a certain part of the world. Jeremy is of the view
mixas84 [53]

Answer:

Utilitarianism.

Explanation:

Utilitarianism is extraordinary compared to other known and most compelling moral theories. Like different types of consequentialism, its center thought is that whether activities are morally right or wrong relies upon their belongings. All the more explicitly, the main impacts of activities that are important are the great and terrible outcomes that they produce.

8 0
3 years ago
If the price of pants increases, what would you expect would happen in the market for pants?
worty [1.4K]

Answer: There will be a surplus at the increased price.

Explanation: Acc. to the law of demand as the price of a good rises the quantity demanded for the good will fall. This is represented by a movement up along the demand curve.

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At the increased price, there will be a surplus in the market given by Q's - Q'd.

Eventually, the surplus will lead to a fall in the price of pants till demand for the good is equal to its supply.

6 0
3 years ago
Read 2 more answers
Could the central utility plant be built in a way that would allow for expansion as the additional buildings are built?
Orlov [11]

Yes, central utility plant can be built in a way that would allow for expansion as the additional buildings are built.

HVAC:

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The principles of thermodynamics, fluid mechanics, and heat transfer are the foundation of the HVAC (Heat in Ventilation and Air Conditioning) system. The technology behind comfortable environments in homes and cars called HVAC.

According to the inquiry, the current HVAC design uses a central forced air heating and cooling system in the office and electric baseboard heaters around the perimeter. The lab space is designed with a three-pipe hydronic plumbing system that generates heating and cooling utilizing gas-fired boilers and electric chillers.

This HVAC design has several benefits like it will provide:

The psychological state of thermal comfort, which conveys happiness with the thermal environment and is evaluated subjectively.

One of the key objectives of HVAC is to maintain a standard of thermal comfort for people inside of buildings or other enclosed spaces.

Acceptable indoor air quality refers to the condition of the air inside and around buildings and other structures.

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District energy systems

1 Heating energy: In united states specially, Water heating is more efficient than others for heating buildings. And Forced systems have several benefits such as

We get better cooling effects from it.

it provide energy saving of up to 15-20 %

2 Energy used for air conditioning: Air conditioners and heaters transport heat rather than changing its form. Thermal efficiencies do not adequately explain the performance of these devices, even though it enhances efficiency because of this heat.

Yes, it is possible to construct the central utility plant in a way that would enable extension as more buildings are constructed. because it will improve the interchange of thermal energy, or heat, between physical systems and the quality of the air. Building reconstruction is more advantageous when done in accordance with HVAC Design.

Learn more about HVAC  here brainly.com/question/20264838

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6 0
1 year ago
Kirk Minerals processes materials extracted from mines. The most common raw material that it processes results in three joint pr
SashulF [63]

Answer:

Incremental loss of Spock = $19,800

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Incremental profit of Sulu = $94,200

Explanation:

Note: See the attached excel for the determination the incremental profit or loss that each of the three joint products.

In the attached excl file, the following formulae are used:

a. Incremental sales value = Sales value of processed product -  Sales value at split off point

b. Incremental profit (loss) = Incremental sales value - Costs to process further

Download xlsx
5 0
2 years ago
Read questions slowly
Kobotan [32]

Answer:

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Explanation:

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3 years ago
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