When the value of net assets is more than the purchase price, the difference is credited to
Question:
When the value of net assets is more than the purchase price, the difference is credited to ____________ A/c.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 50% (2 reviews)
Answered By
Atuga Nichasius
I am a Highly skilled Online Tutor has a Bachelor’s Degree in Engineering as well as seven years of experience tutoring students in high school, bachelors and post graduate levels. I have a solid understanding of all learning styles as well as using asynchronous online platforms for tutoring needs. I individualise tutoring for students according to content tutoring needs assessments.
My strengths include good understanding of all teaching methods and learning styles and I am able to convey material to students in an easy to understand manner. I can also assists students with homework questions and test preparation strategies and I am able to help students in math, gre, business , and statistics
I consider myself to have excellent interpersonal and assessment skills with strong teaching presentation verbal and written communication
I love tutoring. I love doing it. I find it intrinsically satisfying to see the light come on in a student's eyes.
My first math lesson that I taught was when I was 5. My neighbor, still in diapers, kept skipping 4 when counting from 1 to 10. I worked with him until he could get all 10 numbers in a row, and match them up with his fingers.
My students drastically improve under my tutelage, generally seeing a two grade level improvement (F to C, C to A, for example), and all of them get a much clearer understanding!
I am committed to helping my students get the top grades no matter the cost. I will take extra hours with you, repeat myself a thousand times if I have to and guide you to the best of my ability until you understand the concept that I'm teaching you.
5.00+
2+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Business questions
-
Capital Reserve A/c is credited with the difference amount: (a). When the value of net assets is less than the purchase price (b). When the value of net assets is greater than the purchase price (c)....
-
True and False. The difference has to be credited to goodwill A/c, when the value of net assets is less than the purchase price.
-
The majority of business owners the Instructor has met do not use any long-term financial planning process for their company. What would you say are the pros and cons of developing and using...
-
Why is it that I got 0 Row with nothing showing up? Is there a flow in my logic? Using AdventureWorks DW2017, list all the Canadian customers who have spent more than $5,000 total. Show Customerkey,...
-
Stella owns a taxicab company. During the year, two of her cabs are involved in accidents. One is totally destroyed; the other is heavily damaged. Stella is able to replace the destroyed cab with an...
-
week _ HOMEWORK First City Bank pays 8 percent simple Interest on its savings account balances, whereas Second City Bank pays 8 percent interest compounded annually. 5 If you made a deposit of $8,500...
-
\(4 \times 18\) Use clock arithmetic \((\bmod 12)\), to perform the indicated calculation.
-
Laroche Landscaping has collected the following data for the December 31 adjusting entries: a. Each Friday, Laroche pays employees for the current weeks work. The amount of the weekly payroll is...
-
Would you invest your personal or corporate assets in the company? Why or why not? Discuss how you can use your evaluation of financial statements for your decision-making as well as limitations
-
AK Ltd. purchased the business of Anish Kanth & Brothers and decided to continue the same set of books. The company decided to make the following revaluations: (a). Buildings to be appreciated by...
-
True and False. The vendor company pay commission to the purchasing company for realising book debts and making payment to the creditors.
-
A cell in the process of meiosis was seen to have a spindle with sister chromatids being drawn towards opposite poles of the cell. In what stage of meiosis was the cell? A. Anaphase I B. Anaphase II...
-
Based on the California Department of Industrial Relations overtime laws, how many overtime hours will this employee be paid for? Day Hours Monday 6 Tuesday 6 Wednesday 6...
-
Markus Company's common stock sold for $1.75 per share at the end of this year. The average number of common shares outstanding during the year is 105,000. The company also paid a common stock...
-
The following production data were taken from the records of the Finishing Department for June: Inventory in process, June 1 (40% completed) Completed units during June Ending inventory (55%...
-
The Larson Company has 100,000 shares of $10 par value common stock outstanding that was originally issued for $18 per share. In the current year, when the price of this stock increased to $60 per...
-
Kingbird Company leases an automobile with a fair value of $20,275 from John Simon Motors, Inc., on the following terms: Non-cancelable term of 50 months. 2. Rental of $430 per month (at the...
-
What is an entity? An attribute?
-
If the annual fixed costs are 54,000 dinars, the occupation expense represents 20%, the contribution margin is 25%, and the unit selling price is 40 dinars. Required: Calculate the closing point of...
-
Minority interest is shown in the consolidated balance sheet A. Under share capital; B. Under reserve and surplus C. As a separate item.
-
What do you understand by "cancellation of inter-company debts and acceptances" ? ---- Discuss with examples.
-
From the following Balance Sheets of H Ltd. and its subsidiary S Ltd. drawn up at 31st December 2015, prepare a Consolidated Balance Sheet. At the date of acquisition of shares, the General Reserve...
-
Please type the computation in an understandable form. Thank you.. Problem 1 You have been given the following information of Lindvie Corporation for September. Actual labor hours used 3,150 hours...
-
1-Company VV uses the weighted-average method in its process costing system. The company has only a single processing department. The company's ending work in process inventory on August 31 consisted...
-
Question 1 - Specialized clerk vs. generalist clerk At a regional life insurance company, the deposit and withdrawal functions associated with a particular investment product are handled by two...
Study smarter with the SolutionInn App