User Account

All Pages

Find what is the journal entry for ginvold co

Assignment Help Accounting Basics
Reference no: EM132821487

Problem 1: Ginvold Co. began operating a subsidiary in on January 1, 2019 by acquiring all of the common stock for $50,000. They named the subsidiary Vingold, Inc. What is the journal entry?

Reference no: EM132821487

Questions Cloud

Consulting skills should : Consulting skills should. Define your skills that you feel would make you a successful consultant.
Discuss the potential for a nonmanufacturing organization : Discuss the potential for a nonmanufacturing organization to benefit from employment of JIT/Lean.
Explain the first problem that marquis raises : Don Marquis, in "Why Abortion is Immoral," champions an account of the wrongness of killing that he calls the ‘future-like-ours' account.
What is zara competitive priority : Zara is discussed in the Chapter opener. What is Zara's competitive priority? Give examples of how Zara ensures this strategy.
Find what is the journal entry for ginvold co : Find What is the journal entry? Ginvold Co. began operating a subsidiary in on January 1, 2019 by acquiring all of the common stock for $50,000.
Describe the target market : Describe the target market for your NAB business including a description of your target market's key demographic elements.
Discuss the ethics involved in utilizing technology : Briefly discuss the ethics involved in utilizing technology in the classroom. Describe safeguards used in the classroom to protect teachers and students.
Implementing a total quality program : Using your college as the model, explain how implementing a total quality program might benefit both the institution and its students. Include specific areas fo
Which is not an example of a risk of ownership of an asset : Which is not an example of a risk of ownership of an asset? Gains on the future sale of the asset. / Changing economic conditions.

Reviews

Write a Review

Accounting Basics Questions & Answers

  Problem-the statutory auditors of a public limited company

The Statutory Auditors of a Public Limited company received letters from shareholders either directly or through the company seeking information.

  Prepare the journal entry required by frozen delight

There is reasonable expectation that the down payment may be refunded and substantial future services be performed by Frozen Delight, Inc. Prepare the journal entry required by Frozen Delight to record the franchise fee.

  Why income statement would results prepared

Why income statement would results prepared and reported externally, following GAAP absorption costing, differ from income reported internally

  Prepare a statement of cash flows

Prepare a statement of cash flows following the same requirements except that, for this statement, management of the company has decided

  What basis will Jamie take in each parcel

The partnership holds both parcels of land for investment, and the parcels have fair market values of $20,000 each. What basis will Jamie take in each parcel

  Evans company produces a single product during the most

evans company produces a single product. during the most recent year the company had a net operating income of 90000

  Medium inc had one class of stock outstanding the one class

medium inc. had one class of stock outstanding. the one class of stock was owned 50 percent by linda and 25 percent by

  Compute break-even point of the company in dollars and units

PNG electric company manufactures a number of electric products. Compute break-even point of the company in dollars and units

  Compute the simple rate of return

Compute the simple rate of return on the new automated bottling machine. Use straight-line depreciation method.

  Compute the amount of over or under applied overhead

Determine the company's predetermined (aka budgeted) overhead application rate. Compute the amount of over or under applied overhead at year end

  Prepare an income statement on the accrual basis

Using the above information, prepare an income statement on the accrual basis. Depreciation expense of $18 000 is not included in the expenses

  Determine what is the net cash received over the life

Determine What is the net cash received over the life of the bond investment? (all money received minus all money paid, round to nearest whole dollar)

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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