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Question - A. Help me with these questions regarding consolidation: intragroup transactions
1. How to explain the need for making adjustments for intragroup transactions?
B. Help me with these questions regarding associates and joint ventures
1. How to adjust the effects of inter-entity transactions.
2. How to account for losses recorded by the associate or joint venture.
3. How to prepare the disclosures required in relation to associates and joint ventures.
Joe does not take § 179 or additional first year depreciation. What is Joe's MACRS depreciation for the van for 2017
At December 31, 2007 and 2008, Sloan Corp. had outstanding 2,000 shares of $100 par value 8% cumulative preferred stock and 10,000 shares of $10 par value common stock. At December 31, 2007, dividends in arrears on the preferred stock were $8,000...
Compute each of the following: (a) Net sales (b) Gross margin (c) Income from operations (d) Gross profit margin ratio
What are qualifying SPEs? Do they exist under IFRS? What is the effect of FAS 166 eliminating the concept of qualifying SPEs on the convergence of accounting
How would you characterize Diamond's accounting? Did they commit an error in recording walnut grower payments? Was it an illegal act? A fraudulent act?
What number of diluted weighted-average common shares outstanding was used by P&G in computing earnings per share for 2007, 2006, and 2005 what was P&G's diluted earnings per share in 2007, 2006, and 2005?
Select one of the publicly traded corporations listed below and obtain the most current SEC Form 10-K (annual financial report) from the company's web site.
Determine the average rate of return on the equipment, giving effect to straight-line depreciation on the investment
goole party planners had a 40000 balance in accountsreceivable and a 3000 credit balance in allowance for uncollectible
If the company estimates that 6% of its outstanding receivables will be uncollectible, what will be the amount of bad debt expense recognized
Prepare the journal entries to record pension expense and the employer's contributions for 2020. Calculate the pension expense to be reported for 2020
In 2017, $70000 of dividends are declared and paid. What are the dividends received by the preferred stockholders in 2017
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