Zach company owns 40 of the voting stock of tomas

Assignment Help Accounting Basics

Reference no: EM13583123

Zach Company owns 40% of the voting stock of Tomas Corporation and uses the equity method in recording this investment.Tomas Corporation reported a $10,550 net loss.Which of the following would be included in Zach Corporation's journal entry?

Reference no: EM13583123

Questions Cloud

2 years ago aspen ridge purchased a photo with the intent : 1. for 2011 compete aspen ridge limited partnerships page 1 of form 1065 schedule k on page 4 of form 1065 complete

On october 30 seba salon inc issued a 90-day note with a : on october 30 seba salon inc. issued a 90-day note with a face amount of 60764 to reyes products inc. for merchandise

What factors including other drugs do affect the toxicities : what factors including other drugs do affect the toxicities associated with aminoglycosides and how is dosing adjusted.

Do mental health counselors with doctoral degrees earn a : 1. do mental health counselors with doctoral degrees earn a higher yearly income than those with masters degrees 5

Zach company owns 40 of the voting stock of tomas : zach company owns 40 of the voting stock of tomas corporation and uses the equity method in recording this

Land costing 76614 was sold for 97702 cash the loss on the : land costing 76614 was sold for 97702 cash. the loss on the sale was reported on the income statement as other expense.

Jack and jill share income and losses in a 21 ratio after : jack and jill share income and losses in a 21 ratio after allowing for salaries to jack of 12583 and 35364 to jill. if

Area national banks board of directors voted to declare : area national banks board of directors voted to declare dividends of 286000 total for 2015. these dividends are to be

Obtain the point estimate of the mean difference of the : question a researcher wishes to determine whether the average amount of bleaching agent in a 1kg packet of brand x

Reviews

Write a Review

Required(*) Message

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.

Theory of interest - term structure of interest rates

Term Structure of Interest Rates

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

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

User Account

All Pages