Answer:
Part A)
The eliminating entries are recorded only in the consolidation work paper and therefore do not change the balances recorded on the company's books. Each time consolidated statements are prepared the balances reported on the company's books serve as the starting point. Thus, all the necessary eliminating entries must be entered in the consolidation work paper each time consolidated statements are prepared.
Part B)
For acquisitions prior to the application of FASB 141R, the balance assigned to the non-controlling shareholders at the beginning of the period is based on the book value of the net assets of the subsidiary at that date and is recorded in the work paper in the entry to eliminate the beginning stockholders' equity balances of the subsidiary and the beginning investment account balance of the parent. For acquisitions after the effective date of FASB 141 R, the non-controlling interest at a point in time is equal to its fair value on the date of combination, adjusted to date for a proportionate share of the undistributed earnings of the subsidiary and the non-controlling interest's share of any write-off of differential. Another approach to determining the non-controlling interest at a point in time is to add the remaining differential at that time to the subsidiary’s common stockholder’s equity and multiply the result by the non-controlling interests proportionate ownership interest in the subsidiary
Part C)
In the consolidation work paper the ending balance assigned to non-controlling interest is derived by crediting non-controlling interest for the starting balance, as indicated in the preceding question, and then adding income assigned to the non-controlling interest in the consolidated income statement and deducting a pro-rata portion of subsidiary dividends declared during the period.
Part D)
All the stockholders' equity account balances of the subsidiary must be eliminated each time consolidated financial statements are prepared. Inter-company receivables and payables, if any, must also be eliminated.
Part E)
The "investment in subsidiary" and "income from subsidiary" accounts must be eliminated each time when the consolidated financial statements are prepared. Inter-company receivables and payables, if any, must also be eliminated.
Answer:
<em>weight</em><em> </em><em>of</em><em> </em><em>discount</em>
<em>disfount</em><em> </em><em>on</em><em> </em><em>festival</em><em> </em><em>offer</em>
Clientele would be your customers, or clients.
Answer:
the correct answer is a) Fast
Explanation:
can you guess to reason behind it? it's simple. mainly because people value their money are mostly risk aversive. this means they tend not to take risks and avoid them.
although an opportunity to make more money, more profits, more publicity seems lucrative at first, all of these premium opportunities carries an unavoidable risk with them and there is a chance that the opportunity might not turn out to be as we expect it.
so it is because of this it is difficult to raise funds fast!
Answer:
B. Persons on fixed incomes.
Explanation:
Inflation is a general increase in prices and fall in the purchasing value of money, therefore, a person with a fixed income will not be affected.