What is the impact of the gain or loss income

Assignment Help Accounting Basics
Reference no: EM133039944

Question - The direct effect of a property dividend is to reduce retained earnings by the fair value of the property distributed with no income statement effect. However, prior to the effect of the dividend being recorded, the property is adjusted to fair value; what is the impact of the gain or loss income and retained earnings? Cite an example.

Reference no: EM133039944

Questions Cloud

Calculate the Parent company from the subsidiary net income : Y Company sold the merchandise at $100,000. Net income for Y Company for 2019 and 2020 respectively: $120,000; $140,000. Calculate company net income
Difference between forward and backward integration : Question 1: How is a vertical integration strategy like a concentration strategy? Question 2: What is the difference between forward and backward integration?
How does diversity strengthen a team : How has diversity in this class and at UoPeople benefited you? Which issues of communication within virtual intercultural teams have you experienced at UoP
Case-control study and randomized clinical trial : Compare and contrast case-control study and randomized clinical trial.
What is the impact of the gain or loss income : However, prior to the effect of the dividend being recorded, the property is adjusted to fair value; what is the impact of the gain or loss income
Implementation of sustainable tourism : List and describe THREE major challenges to the implementation of sustainable tourism. Make sure to select at least one issue within the "Ecosphere" and and lea
How much is the total amount distributed to the partners : How much is the total amount distributed to the partners during the first installment assuming that Maea received 140,000
Define average and marginal product : Define average and marginal product. Explain how to use each in production decision making.
Describe the steps in the management process : 1. List and describe the steps in the management process. Give examples.

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

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