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On January 10,2012 badger co. Purchased 30% of the outstanding stock of crest co. For 123000 $ . Crest paid total dividend to all shareholders of 15000$ on July 15. Crest had a net loss of 25000$ for 1012
A) journalize badger's purchase of the stock, receipt of dividend , and adjusting entry for the equity loss in crest co. Stock
B) compute the balance of investment in crest co . Stock for December 31, 2012
C) how does valuing an investment under the equity method differ from valuing an investment at fair value?
What entry must Sam's Painting Service make on December 31 before financial statements are prepared?
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Renee's Rings manufactures college rings. Two models are produced: The Spirit model with a budgeted price of $660 and a standard variable cost of $360.
Explain why you selected this particular work for your analysis
On this date the banks prime rate was 11%. The first payment for interst and principle was made on September 1 2011. At december 31 2001, Herman should record accured insterst payable.
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Dewiel Corporation manufactures a variety of products. The following data pertain to the company's operations over the last two years: What was the absorption costing net operating income last year?
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