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An enterprise that holds a variable interest in variable interest entity is required to consolidate assets, liabilities, revenues and expenses, and the non-controlling interest of that entity if:
a. VIE has no voting stock
b. variable interest held by enterprise involves a lease
c. enterprise has controlling financial interesting VIE
d. other equity interests in VIE have obligation to absorb the expected losses of the VIE
What kind of transaction is a service revenue earned on account
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Journal entries for unexpectedly pays past-due balance on its account. Bibby Company unexpectedly pays the $6,320 past-due balance on its account that was previously written off. The first entry is to reestablish the receivable.
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Factors that influence the composition of capital structure for WACC - What factors influence Coleman's composite WACC?
If the allowance for doubtful accounts before any necessary adjustment is at $10,000, what adjustment will have to be made at the end of the period?
Using only the amounts given calculate net cash provided by operations, both without as well as with the reclassification of the receivables. Which reporting makes Moss look better
Determine the net benefit of outsourcing the electric motors from Mini Motor Company.
Evaluate Chi s cost to record the new asset from the exchange - Chi Corporation trades an asset by a book value of $20,000 for another asset with a fair market value of $15,000.
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