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Question - Crawford Corporation acquires Nashville, Inc. The parent pays more for it than the fair value of the subsidiary's net assets. On the acquisition date, Crawford has equipment with a book value of $430,000 and a fair value of $609,000. Nashville has equipment with a book value of $336,500 and a fair value of $441,500. Nashville is going to use push-down accounting. Immediately after the acquisition, what amounts in the Equipment account appear on Nashville's separate balance sheet and on the consolidated balance sheet?
Company policy specifies that each employee's severance should be determined by three factors. Identify the independent and dependent variables
Warren Company plans to depreciate a new building using the double declining-balance depreciation method. The building cost $800,000. The estimated residual value of the building is $50,000 and it has an expected useful life of 25 years.
find a journal article online about standard costing. in the subject line of your post include the title of the article
a company has outstanding 13.50 million shares of 6.50 par common stock and 2.1 million shares of 5.10 par preferred
Personal information about customers is collected, used, disclosed, and maintained only in compliance with internal policies and external regulatory.
company manufactures soda cans. a unit of production is a case of 12 dozen cans. the following standards per case
Do you agree with reasoning and decisions made in each scenario? Why or why not? Are these scenarios in the realm of managerial accounting, financial accounting
The net pay was directly deposited into the employee's bank accounts. What was the amount of net pay? Assuming Lightning Electronics must also pay $ 250 of unemployment taxes for this pay period, what amount would be reported as the total payroll cos..
When does tax allocation within a period become necessary? How should this allocation be handled?
Which freight on shipments to branch paid by the branch is recorded by the home office as? Under fair value option, non-controlling interest would include
Identify three major categories of transactions that may result in increases in cash, and state a general conclusion about the circumstances
A company purchased materials costing $12,000 that, according to standards, should have cost $11,000. They used $8,000 of the materials (at standard cost) in the current period. The journal entry under a standard costing system would include:
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