Explain the purpose of the pre-acquisition adjustments in the preparation of consolidated nancial statements.
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 68% (22 reviews)
The purpose of the preacquisition adjustment is to preve...View the full answer
Answered By
Pushpinder Singh
Currently, I am PhD scholar with Indian Statistical problem, working in applied statistics and real life data problems. I have done several projects in Statistics especially Time Series data analysis, Regression Techniques.
I am Master in Statistics from Indian Institute of Technology, Kanpur.
I have been teaching students for various University entrance exams and passing grades in Graduation and Post-Graduation.I have expertise in solving problems in Statistics for more than 2 years now.I am a subject expert in Statistics with Assignmentpedia.com.
4.40+
3+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Accounting questions
-
Explain the purpose of consolidated financial statements?
-
Explain the purpose of the pre-acquisition entries in the preparation of consolidated financial statements.
-
Explain the purpose of having mail room procedures.
-
In the game of roulette, a gambler who wins the bet receives $36 for every dollar she or he bet. A gambler who does not win receives nothing. If the gambler bets $1, what is the expected value of the...
-
On March 1 of the current year, Alice, Bob, Carla, and Dick form Bear Corporation and transfer the following items: Property Transferred Alice purchased the land and building several years ago for...
-
You own a portfolio that is 2 4 percent invested in Stock x , 3 9 percent in Stock Y , and 3 7 percent in Stock Z . The expected returns on these three stocks are 1 0 percent, 1 3 percent, and 1 5...
-
Suppose that Merton plc (see Example 9.1 ) replaces the 30,000 paid out as dividends by an issue of shares to new shareholders. Show the statement of financial position after the new issue and...
-
The post-closing trial balances of two proprietorships on January 1, 2010, are presented below. John and Calvin decide to form a partnership, John-Calvin Company, with the following agreed upon...
-
Take me to the text Melanie inc provides you with the following budgeted information for two months in the current year. Expectationsi - Cash sales represent 20% of total sales - All sales on account...
-
Identify the primary characteristics of each form of legal business organization.
-
You, CA, are in charge of the audit of Fuschia Enterprises, a manufacturer of crayons in Vancouver, British Columbia with sales in 2012 of $75 million. This year, sales have increased due to...
-
When there is a dividend payable by the subsidiary at acquisition date, under what conditions should the existence of this dividend be taken into consideration in preparing the fair value adjustments?
-
The saturated output voltages of the Schmitt trigger in Figure 15.28 (a) are \(V_{H}=+9 \mathrm{~V}\) and \(V_{L}=-9 \mathrm{~V}\). The range of the input voltage is \(-9 \leq v_{I} \leq 9...
-
When in 1920 the Chia brothers opened their first shop in Bangkok selling seeds for farmers, they did not know that they were on the way to launching the development of one of the most successful...
-
In Exercises 49-52, sketch a plane. Then sketch the described situation. Three noncollinear points that lie in the plane
-
In Exercises 49-52, sketch a plane. Then sketch the described situation. A plane perpendicular to the given plane
-
Trace the polygon and point P on paper. Then draw a rotation of the polygon the given number of degrees about P. 150 F P G
-
Trace the polygon and point P on paper. Then draw a rotation of the polygon the given number of degrees about P. 30 B C
-
Perform the necessary variations to derive Equation 7.62 . y [8GA(x) (0-4)] -m(x)- + p(x, t) by dx t + EI(x)- : ) + GA(2) (3/2/2-4) -k2(x)m(x)- - t EI(x) L (-)}]* -[{GA(x) ( x dt = 0. (7.62)
-
Could a set of three vectors in span all of? Explain. What about n vectors in when n is less than m? R4
-
What is the significance of \(c <0\) ?
-
What is the GAAFR? Who creates the GAAFR?
-
What is the GAAFR? Who creates the GAAFR?
-
What are the characteristics of a government?
-
Nitin is paid a base salary of $200 per week and commission at the rate of 3% for sales over $5000, 4% if his sales are over $8000, and 5% if sales are over $15,000. How much will Nitin earn in a...
-
Safa is paid a base salary of $1500 per month and a commission of 6% on all sales over $75,000. Last month, Safa's gross salary was $4440. What were her sales for the month? a$149,000 b$124,000...
-
Your regular hourly rate of pay is $15.86, and you are paid double time for all work on weekends and for any time over forty hours per week (Monday to Friday). Calculate your gross earnings for a...
Study smarter with the SolutionInn App