Bee company purchased 70 of apple corporation for 350000 on

Assignment Help Accounting Basics
Reference no: EM13596287

Bee Company purchased 70% of Apple Corporation for $350,000 on January 1, 2008. On May 30, 2008 Apple Corporation declared total dividends of $42,000. At year-end Apple Corporation reported net income of $180,000. What is the balance in Bee Company's investment in Apple Corporation account at year end?

Reference no: EM13596287

Questions Cloud

In the first 140 of the reaction 19times102 of is produced : in the first 14.0 of the reaction 1.9times10?2 of is produced in a reaction vessel with a volume of 0.470. what is the
Gordon company produces two types of gears gear q and gear : gordon company produces two types of gears gear q and gear s with unit contribution margins of 2 and 5 respectively.
On january 1 2008 jeremiah corporation had 40000 of 12 par : on january 1 2008 jeremiah corporation had 40000 of 12 par value common stock outstanding. on june 1 2008 jeremiah
Write symbol for bromine what is the atomic number of it : write symbol for bromine. what is the atomic number of it in periodic table? how many protons and electrons are there
Bee company purchased 70 of apple corporation for 350000 on : bee company purchased 70 of apple corporation for 350000 on january 1 2008. on may 30 2008 apple corporation declared
Bacterial digestion is an economical method of sewage : bacterial digestion is an economical method of sewage treatment. the reaction5co2g55nh4aq76o2g --bacteria--gt
A piece of metal alloy with a mass of 114g was placed into : a piece of metal alloy with a mass of 114g was placed into a graduated cylinder that contained 25.ml of water raising
Recently a company approached rippey corporation about : rippey corporation manufactures a single product witht he following unit costs for 5000 units direct materials 60
Water and glycerol ch2ohchohch2oh are miscible in all : water and glycerol ch2ohchohch2oh are miscible in all proportions. what does this mean? how do the oh groups of the

Reviews

Write a Review

Accounting Basics Questions & Answers

  Discuss the difference between personal property and

1.to minimize a taxpayers tax liability recommend at least two 2 tax-planning strategies related to the timing of

  Long-term operating lease

An acquired entity has a long-term operating lease for an office building used for central management. the terms of the lease are very favorable relative to current market rates.

  Effects of changes in sales expenses and assets on

effects of changes in sales expenses and assets on roi.busserv.com corporation provides business-to-business services

  Earnings per common share amounted

At December 31, 2010 and 2009, Glass Corp, had 120,000 shares of common stock and 10,000 shares of 5%, $100 par value cumulative preferred stock outstanding. No dividends were declared on either the preferred or common stock in 2010 or 2009. Net i..

  Definition of terms section in a recent irb

Locate the Definition of Terms section in a recent IRB. Differentiate between the following terms as used by the IRS in its rulings: amplified, modified, clarified, and distinguished.

  Journalize the allocation of the loss from income summary

Journalize the allocation of the loss from Income summary and what are the balances in Lawlor and Tanya's capital accounts on March 31? Prepare T-accounts to answer the question.

  Finney container company is suffering declining sales of

finney container company is suffering declining sales of its principal product non-biodegradable plastic cartons. the

  Concept of perspective of the combination

During 2010, Von Co. sold inventory to its wholly-owned subsidiary, Lord Co. The inventory cost $30,000 and was sold to Lord for $44,000. From the perspective of the combination, when is the $14,000 gain realized?

  Carlisle company is a manufacturer of precision surgical

carlisle company is a manufacturer of precision surgical tools. it initiated standard costing and a flexible budget on

  Vista corp owes 600000 to first national the debt is

vista corp. owes 600000 to first national. the debt is 10-year 10 note due december 31 2014. because vista corp. is in

  State the level of materiality as immaterial and material

Identify which of the conditions requiring a modification of or a deviation from an unqualified standard report is applicable.

  A companys income statement disclosed 45000 of investment

a companys income statement disclosed 45000 of investment revenue on equity method investments. the company did not

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd