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gogolik [260]
3 years ago
8

Consolidation accounting:______

Business
1 answer:
Finger [1]3 years ago
4 0

Answer:

c. combines the accounts of the parent company and those of the subsidiary companies.

Explanation:

Consolidation accounting is the accounting in which the parent company accounts are combined with the subsidiary companies accounts. It can be applied at the time when the parent company takes more than 50% of the shares of the subsidiary company

Therefore as per the given situation, the option c is correct

And, the same is to be considered

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Should a firm shut down if its weekly revenue is ​$1 comma 000​, its variable cost is ​$600​, and its fixed cost is ​$800​, of w
kifflom [539]

Answer: The correct answer is "C. produce because revenue of ​$1 comma 000 is greater than fixed costs.".

Explanation: The firm should produce because the revenue of 1000 is enough to cover the fixed costs and part of the variables (1000 - 800 - 600 = (-400)) so that the loss is less than if it stopped producing despite the avoidable costs (800 - 350 = 450) since if it stopped producing it would have a loss of $ 450 and producing it would have a loss of $ 400.

7 0
3 years ago
At the end of the current year​ (before adjusting​ entries), Summer Corporation had a balance of $ 88 comma 000 in Accounts Rece
Umnica [9.8K]

Answer:

1. Using the​ percent-of-sales method, calculate the amount of​ Uncollectible-Account Expense if Summer Corporation estimates its​ uncollectible-account expense using a rate of 3​% of credit sales. What is the ending balance of the Allowance for Uncollectible Accounts under this​ scenario?

14100

Summer Corporation has $ of uncollectible-account expense using the percent-of-sales method.  

3100

Calculate the amount of its​ Uncollectible-Account Expense. What is the ending balance of the Allowance for Uncollectible Accounts under this​ scenario?

15000

The ending balance of the Allowance for Uncollectible Accounts is $ under this scenario.

Dont have enough information.

Explanation:

Account receivable 88000

Allowance for uncollectible -11000

 

Service revenue 470000

 

Estimate uncollectible 3%

Ending balance of the allowance 14100  

Expense 3100

 

Allowance for Uncollectible 26000

Uncollectible expense account 15000

5 0
3 years ago
Identify the possessive pronoun in the following sentence: "I love my new computer!"
Vanyuwa [196]

Answer:

A

Explanation:

5 0
2 years ago
A charge nurse is delegating a task. The nurse understands which of the following represents effective delegation? Select all th
AlekseyPX

The nurse represents that effective delegation include:

  • Delineating the desired outcomes of the delegation.
  • Asking the nurse if they are capable of completing the delegated task.
  • Monitoring how the delegated task is being accomplished.

<h3>How to illustrate the information?</h3>

Effective delegation means planning ahead when identifying tasks to be accomplished. Assess the situation, and clearly delineate the desired outcomes.

Monitoring how the task is being accomplished is considered effective delegating.

Learn more about delegation on:

brainly.com/question/10708236

#SPJ1

7 0
1 year ago
The way Professor Quinn chose to handle this situation illustrates the difficulty of dealing with ethics violations. Listed as f
alisha [4.7K]

Answer:

  • Establishing a code of ethics
  • Referring ethical dilemmas to an ethics committee

<u>Explanation:</u>

Consider, by establishing a code of ethics it allows corporations to prevent their employees from making excuses for any ethical violation. Furthermore, when referring ethical dilemmas to an ethics committee is made available to employees by corporations it allows their employees to easily get the right information about how to behave ethically.

8 0
3 years ago
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