User Account

All Pages

What is the journal entry

Assignment Help Accounting Basics
Reference no: EM132846755

Question - 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: EM132846755

Questions Cloud

Why was platform considered radical : How did the Populists seek to rethink the relationship between freedom and government to address the crisis of the 1890s? Why was platform considered radical?
What might account for the emergence of a mythic : What might account for the emergence of a mythic "Wild" West during the Gilded Age? Given the rapid post-Civil War expansion of industry beyond the Mississippi
How much does bechtel have to pay in one year : Turner and Bechtel. Turner offers to pay $50,000,000 now. How much does Bechtel have to pay in one year
Write an essay on the consequences of population growth : Write an essay on the consequences of population growth on the western landscape, looking at farming, livelihoods, the impact of the railroad
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. What is the journal entry
How did the labor movement launch a sustained assault : How did the labor movement launch a sustained assault on the understanding of freedom grounded in Social Darwinism and in the liberty of contract?
Calculate descriptive statistics : 1.) Calculate descriptive statistics to create a customer profile for each CardioGood Fitness treadmill product line.
What is its beta : Assume that risk-free rate is 5 percent, and that the market risk premium is 8 percent. If a stock has a required rate of return of 10 percent, what is its beta
What role did the government play in defining : What role did the government play in defining, protecting, and/or limiting the liberty of American workers during the Gilded Age?

Reviews

Write a Review

Accounting Basics Questions & Answers

  The lp partnership was formed on january 1 19x7 by

the lp partnership was formed on january 1 19x7 by investments from bill levy and marv parcells. levy contributed 30000

  Prepare a cash budget for january and february

The company wants to maintain a minimum monthly cash balance of $20,000 - Prepare a cash budget for January and February.

  Why is goodwill no longer amortized

Why is Goodwill no longer amortized? What FASB Statement dictated as such? Since Goodwill is no longer amortized, how is it's 'book value' measured?

  What should be the journal entry made by abc co

Assuming that the note receivable discounting is accounted for as a conditional sale, what should be the journal entry made by ABC Co. on January 15, 2021?

  At what amount should xyz initially recognize the machine

A printing company called XYZ buys a printing machine that was priced at 2,000,000. At what amount should XYZ initially recognize this machine?

  For the current year overhead is estimated at 2250000 and

bubbas crawfish processing company uses a traditional overhead allocation based on direct labor hours. for the current

  How to compute the equivalent units of production

How to Compute the equivalent units of production for Materials and Conversion cost for the month of April using FIFO Method and Average Method.

  Auctioncocom sells used products collected from different

auctionco.com sells used products collected from different suppliers. assume a customer ordered a used bicycle through

  Garr co issued 5000000 of 12 5 year convertible bonds on

garr co. issued 5000000 of 12 5 year convertible bonds on december 1 2010 for 5020800 plus accrued interest. the bonds

  Recognized rent expense for nine months

Recognized rent expense for nine months' use of office space acquired in Event 9.

  Compute the tax pools of germany hold company

ACCT 8039 Final Problem - Legal Entity Structure. Compute E&P and tax pools of Germany Hold Co. as of 6/30/xx15

  An investment heavy in stocks produces the best results

The simulation output from Example 11.7 indicates that an investment heavy in stocks produces the best results. Would it be better to invest entirely in stocks? Answer this by rerunning the simulation. Is there any apparent downside to this strat..

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