Find how to eliminate intragroup loan

Assignment Help Financial Accounting
Reference no: EM132646445

Problem 1: How to eliminate intragroup loan and interest fee. Here is the scenario The subsidiary has 3 years loan to the parent company of 30,000 that effective on 2018.The interest rate was 2.5.% per annum. During the year end 2019 The subsidiary paid lets say $500 what is the journal entry.

Reference no: EM132646445

Questions Cloud

Business level strategy and value chain activities : How do disruptive business models alter a value chain? What are the implications for the business and for its competitors?
Calculate the npv of the expected annual cash outflows : Calculate the NPV of the expected annual cash outflows (expenses/costs) are estimated at being $11,000, excluding depreciation.
What can athletes do during their playing careers : How can high profile athletes become broke within a few years of retirement?
Why do you think competing businesses endeavor : Why do you think competing businesses endeavor to differentiate? How can external factors regulate the nature of competition within an industry?
Find how to eliminate intragroup loan : How to eliminate intragroup loan and interest fee. Here is the scenario The subsidiary has 3 years loan to the parent company of 30,000
Develop automated test scripts for the web interface : Develop automated test scripts for the web interface and web services using Selenium WebDriver with Java. Ensure system performance by validating stability.
Differentiation strategy for a new company : If you suggest a DIFFERENTIATION strategy for a new company that manufactures a computing device (like tablet or laptop). What would you recommend
Best-cost strategy for a new company : If you suggest a BEST-COST strategy for a new company that manufactures a computing device (like tablet or laptop).
What is the abnormal rate of return for stock c : What is the abnormal rate of return for stock C during the aggregate market return (ignore differential systematic risk)? Explain in detail.

Reviews

Write a Review

Financial Accounting Questions & Answers

  What is your overall assessment of the companys credit risk

What is your overall assessment of the company's credit risk? Explain. What differences do you observe between the two years?

  Determine and analyse VIZIO corporate strategy

Write a brief professional memo that evaluates VIZIO's domestic and international industry conditions, and analyse VIZIO's corporate strategy

  Income available to common stockholders be calculated

Wood Co.'s dividends on noncumulative preferred stock have been declared but not paid. Wood has not declared or paid dividends on its cumulative preferred stock in the current or the prior year and has reported a net loss in the current year. For the..

  1 in mid-december a bank treasurer projects that loan

1. in mid-december a bank treasurer projects that loan demand will require a 10 million borrowing on march 15. the

  Explain the pros and cons of utilizing litigation to resolve

Explain the pros and cons of utilizing litigation to resolve a dispute as opposed to alternatives to dispute resolution. Peter Plaintiff is citizen of Kentucky.

  Find the cash flow from the mark to market

Find the cash flow from the mark-to-market proceeds on the contract. Assume that the parity condition always holds exactly. Find the holding-period return if the initial margin on the contract is $10,000.

  Prepare a report for forecast income statements

Prepare a report for presentation to the board of directors - a justified recommendation as to the most appropriate source of finance

  Prepare a retained earnings statement for 2010

In 2010, Alpha Centuri recorded an adjustment of $110,000 due to the overstatement (from mathematical error) of 2009 depreciation expense. Prepare a retained earnings statement for 2010.

  Prepare journal entry to record the transaction from january

On January 1, 2016, Pinky Pop Company sold a piece of land, Prepare journal entries to record the transactions from January 1, 2016 to December 31, 2018.

  What amount of profit attributable to common shareholders

What amount of profit is attributable to the common shareholders for 20X9? What is the weighted average number of common shares outstanding

  Why the use of a real options model for a capital investment

Why the use of a "real options model" for a capital investment analysis would yield a positive present value while using a "Discounted Cash Flow model"

  Prepare the journal entries to record the sale-collections

On December 1, 2016, Lynch Incorporated sold $18,000 of merchandise with terms 2/10, n/EOM. On December 11, 2016, collections were made on sales originally billed for $12,000, and on December 31, 2016, additional collections on sales originally bille..

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