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INTRA COMPANY ADJUSTMENTSIn preparing the consolidated balance sheet, the following items may require adjustments:.1 Goodwill2 Unrealized profit on closing inventory3 Unrealized profit on PPE4 Inter company balances5 Proposed dividends by subsidiary6 Fair value of subsidiaries net assets on date of acquisition
How many full-time members are on the Public Company Accounting Oversight Board (PCAOB)?
1.Which of the following is true? A. Land is depreciated using the straight line depreciation method B. Land is amortized using the declining balance method C. Land is depleted usi
Q. Why convertibles might be an attractive source of finance for companies? - Convertibles is able to provide immediate finance at lower cost since the conversion option effect
Determine the Features of Accounting information system Accounting information system must have certain features which are common to all valid information systems within a bus
How do I figure fair value of assets..2 year estimated useful life and indefinite life recognized by purchased company
Q. What do you understand by Exempt Organization? Exempt Organization - Organization that is normally exempt from paying federal income tax. Exempt organizations comprise relig
Olivia has received a $15 gift certificate that is redeemable only for roasted peanuts. Bags of roasted peanuts come in two sizes, regular and jumbo. A regular bag contains 30 pean
The book of Deven Verma could not be tallied. The accountant transferred the difference of Rs. 1,270 in the suspense account on the debit side. The following mistakes were found la
BFD Co has occurrence rapid growth in turnover since its formation three years ago but it has been unable to maintain net profit margin which has fallen from 19% in 2002 to 12% in
On January 1, 2010, Anderson Corporation had 60,000 shares of $1 par value common stock issued and outstanding. During the year, the following transactions occurred: Mar. 1 Issued
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