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Sveta_85 [38]
3 years ago
15

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

me less than dividends paid, what entry would be made for a consolidation worksheet?
Picture

C above

B above

A above

E above

D above
Business
1 answer:
Effectus [21]3 years ago
8 0

Answer:

A) Dr. Retained earnings Cr. Investment in subsidiary

Explanation:

Retained earnings is an equity account (credit balance) and since it must decrease due to the fact that the amount of distributed dividends is larger than the subsidiary's profits, it must be debited.

Investment in subsidiary is an asset account (debit balance) and since it must decrease for the same reason as above, it must be credited.

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If Barcelona has a core staff of restaurant managers and head chefs and contracts with staffing agencies to fill all other posit
Elden [556K]

Answer:

false

Explanation:

Barcelona has a network structure because it works with staffing agencies to fill many vacant positions.

When a company has a network structure, it works with other companies in order to produce a good or service (outsourcing). In this case, Barcelona outsources some of its human resources functions to other companies.

7 0
3 years ago
Lisa is wondering if her company is earning the income they expected to earn at the beginning of this year. She looks at to see
andre [41]

Lisa is wondering if her company is earning the income they expected to earn at the beginning of this year. She looks at to see how the money looks, while remembering that this budget does not show cash outlays. This type of budget is called Expense Budget

<h3>What is Expense Budget?</h3>
  • The Expense Budget displays the revenue and capital expenditures of several ministries and departments and provides estimates for each under "Plan" and "Non-Plan."
  • It provides a thorough study of various expenditure kinds as well as a general explanation for why estimates vary. The Expense Budget also includes the Central Government's requests for grants.
  • Capital assets are crucial expenses for firms since they include cash outlays for production machinery and other equipment that generates revenue.
  • Due to the fact that production equipment is more expensive than standard office supplies or monthly expenses, financing is sometimes required to purchase capital assets.
  • The purchase of capital assets is typically included in expense budgets, and their effects on working capital and future cash flows are quantified. Businesses wouldn't be able to accomplish their operational goals without well managed capital investments.

To know more about Expense Budget with the given link

brainly.com/question/14318672

#SPJ4

3 0
2 years ago
What are the three writing guidlines to follow when writing a resume?​
11Alexandr11 [23.1K]

Answer:

Explanation:  Keep it to One Page. This is a biggie!

   Avoid Spelling or Grammar Errors.

   Watch Your Tenses.

   Avoid the First Person Pronouns.

Make Sure It's Easy to Read.

3 0
3 years ago
Read 2 more answers
You were able to purchase two tickets to an upcoming concert for $100 apiece when the concert was first announced three months a
dusya [7]

Answer: $450

Explanation:

Total tickets purchased = 2

The cost of one ticket three months ago = $100

Current price of one ticket = $225

Total cost of two tickets = $225 × 2

                                        = $450

The opportunity cost is the benefit that is foregone by selecting some other alternative. So, here two options are available that either attend the concert or resell the ticket at $450. Therefore, the opportunity cost of attending the concert is $450.

4 0
3 years ago
In the weekly computer run to prepare payroll checks, a check was printed for an employee who had been terminated the previous w
Gre4nikov [31]
<h2>A control total for hours worked, prepared from time cards collected by the timekeeping department.</h2>

Explanation:

An employee should get salary only based on the number days / number hours worked for the organization. So the time card will help the organization to solve the problem.

So the time card should be collected and then only the salary needs to be calculated. The salary calculation should take number of leaves (paid / unpaid), permissions and On-duty in to account so that the expected outcome can be achieved.

8 0
4 years ago
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