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On January 3, Bennies Bonsai Farm purchased 20% of the outstanding stock of Eva's Cactus Company for $85,000. During the year, Eva's Cactus paid cash dividends totaling $70,000 and reported net income for the year of $90,000.
Record all the transactions necessary for Bennies Bonsai for this stock purchase assuming:
A.) The purchase does not give Bennies significant influence over Eva's Cactus
B.) The purchase does give Bennies significant influence over Eva's Cactus
Acherman Company was organized on May 31 of the current year. Projected operating expenses for each of the first three months of operating are as follows: June $64000, July $81000, August $104500.
optic matrix inc. manufactures and assembles automobile instrument panels for both yokohama motors and detroit motors.
Compute the amount of the liability that should appear on the December 31, 2011, balance sheet.
How are the company's assets classified?
phil collins realty corporation purchased a tract of unimproved land for 52000. this land was improved and subdivided
Create journal entries for the book debt restructure
After the presentation, you want to buy a new suit and tie for your avatar. You notice the $2,000 in Linden dollars is missing.
You are required to submit a two page typed minor case study that will contain four sections. What is competitive environment faced by Dakota Office Products
company a sold 8 million shares of its 1 par common stock to provide funds for research and development. if the issue
Given the Case Study Analysis. - You are providing advice for The Royal Pets Hotel and Spa.- Prepare the draft report to The Royal Pets.
Service imports, $14.1 billion; foreign investments from the ROW, $9.9 billion; service exports, $6.6 billion; total official foreign exchange reserves.
The accounting firm of T, W & S was engaged to perform an audit of Progate Manufacturing Company. During the course of the audit, T, W & S discovered that the company had overvalued its inventory by carrying the inventory on its books at the p..
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