Question
On Dec 31,2018 (A) reported income from its operational activity JD 22000 . (A) owns 80% of (B) company which reported income JD 10000 and
On Dec 31,2018 (A) reported income from its operational activity JD 22000 . (A) owns 80% of (B) company which reported income JD 10000 and declared dividends 5000 . The undervalued differences for the year JD 1000. 1. The net income of (A) corporation will be
( full equity ) 2. The net income of non-controllable interest will be ( full equity ) 3. The net income of (A) corporation will be ( incomplete equity ) 4. The net income of non-controllable interest will be ( incomplete equity ) 5. The net income of (A) corporation will be ( cost method) 6. The net income of non-controllable interest will be ( cost method)
First question: On Dec 31,2018 (A) reported income from its operational activity JD 22000 . (A) owns 80% of (B) company which reported income JD 10000 and declared dividends 5000 . The undervalued differences for the year JD 1000. 1. The net income of (A) corporation will be .............( full equity) 2. The net income of non-controllable interest will be ............ ( full equity ) 3. The net income of (A) corporation will be .............. ( incomplete equity ) 4. The net income of non-controllable interest will be . . . . . . . . . . ...( incomplete equity) 5. The net income of (A) corporation will be .............. ( cost method) 6. The net income of non-controllable interest will be . . . . . . . . . . . . . ( cost method)Step by Step Solution
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