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svp [43]
3 years ago
9

1. When consolidating the accounts of a parent and subsidiary in subsequent years, eliminating entry (O) recognizes total write-

offs of subsidiary revaluations: A. For the current year. B. As of the beginning of the current year. C. As of the date of acquisition. D. As of the end of the current year.
Business
1 answer:
Luba_88 [7]3 years ago
6 0

Answer:

A. For the current year.

Explanation:

The process of c onsolidating accounts is when the financial results of companies are combined.

I hope you find this information useful and interesting! Good luck!

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Over the last week, you had 50 customers who bought a total of 40 hotdogs at $2.00, 10 grilled cheeses at $4.00, and 5 cheesebur
kobusy [5.1K]

$3.20

Take the total sales divided by total customers.

Sales of hotdogs 40* $2 = $80

of grilled cheese 10* $5 = $50

of cheeseburgers 5 * $6 = $30

Total sales $160/50 customer = $3.20/per customer

4 0
2 years ago
A large office supply company sells many of its consumer products over the Internet. This is
Mrac [35]

A large office supply company sells many of its consumer products over the Internet. This is known as e-commerce.

Trading the consumer products over internet is the current trend these days. This way is known as e-commerce.

What is E-commerce?

  • E-commerce, often known as electronic commerce, is the exchange of goods and services as well as the sending of money and data through an electronic network, most commonly the internet.
  • These business dealings can be either B2B (business-to-business), B2C (business-to-consumer), C2C (consumer-to-consumer), or C2B.
  • E-business and e-commerce are frequently used interchangeably. The transactional procedures that make up online retail shopping are also occasionally referred to as e-tail.
  • The widespread use of e-commerce sites like Amazon and eBay over the past 20 years has significantly boosted the growth of online retail. According to the U.S., e-commerce made up 5% of all retail sales in 2011.

To know more about E-commerce visit:

brainly.com/question/24051375

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6 0
2 years ago
Problem 10-01A a-c (Video) (Part Level Submission)
notka56 [123]
Plz don’t report me I’m just trying to do my homework like y’all
7 0
3 years ago
Which government body authorized CTSOs
KIM [24]

Answer:

The U.S. Congress authorized CTSOs.

Explanation:

7 0
2 years ago
Read 2 more answers
Concord Corporation uses the percentage-of-receivables basis to record bad debt expense and concludes that 4% of accounts receiv
brilliants [131]

Explanation:

The journal entries are shown below:

a. Bad debt expense A/c Dr  $13,931

                To Allowance for doubtful debts $13,931

(Being bad debt expense is recorded)

It is computed below:

= $421,300 × 4% - $2,921

= $13,931

b. a. Bad debt expense A/c Dr  $17,722

                To Allowance for doubtful debts $17,722

(Being bad debt expense is recorded)

It is computed below:

= $421,300 × 4% + $870

= $17,722

5 0
3 years ago
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