Question
ACC-690 Module 6-2 Quiz Question #15 When a company applies to the initial value method in accounting for its investment in a subsidairy and the
ACC-690
Module 6-2
Quiz
Question #15
When a company applies to the initial value method in accounting for its investment in a subsidairy and the subsidairy reports income less than dividends paid, what entry would be made for a consolidated worksheet.
A. Retained earnings
Investment in subsidairy
B. Investment in subsidairy
Retained earnings
C. Investment in Subsidairy
Equity in Subsidairy's income
D. Investment in Subsidairy
Additional Paid in capital
E. Retainred earning
Additional Paid in capital
0 C above
0 A above
0 E above
0 D above
0 B above
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Using Equity Audits To Create Equitable And Excellent Schools
Authors: Linda E. Skrla, Kathryn B. McKenzie, James Joseph Scheurich
1st Edition
1412939321, 978-1412939324
