FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

please answer with detailed explanation 1.Company XYZ Limited owns 80% of the share capital of Company ABC Limited. Company ABC Limited paid a dividend of

please answer with detailed explanation image text in transcribed

1.Company XYZ Limited owns 80% of the share capital of Company ABC Limited. Company ABC Limited paid a dividend of $ 10,000 during the financial position. The adjustment entries in the consolidation worksheet for the dividend include: 2. What are the measurement for calculating the NCI share of recorded equity

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Intermediate Accounting IFRS Edition

Intermediate Accounting IFRS Edition

Authors: Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield

2nd Edition

1118443969, 978-1118443965

More Books

Students also viewed these Accounting questions

Question

★★★★★
For the year ended December 31, 2017, Jet Set Airlines reported profit of $920,000 and a gain on an equity investment of $66,000, before income tax. This gain is other comprehensive income. Jet Set...

Answered: 1 week ago

Question

★★★★★
Silvios gross earnings for last week were $528.54. His remuneration consists of a base salary of $480 plus a commission of 6% on net sales exceeding his weekly quota of $5000. What were Silvios gross...

Answered: 1 week ago

Question

★★★★★
6.63 a. Find the probability that z is greater than -0.75. b. Find the probability that z is less than 1.35.

Answered: 1 week ago

Question

★★★★★
Quince Corporation has taxable income of $450,000 for its 2014 calendar tax year. Calculate the corporations income tax liability for 2014 before tax credits. $ ______________

Answered: 1 week ago

Question

★★★★★
hutter corporation declared a .50 per share cash dividend on its common shares. The company has 39000 shares authorized, 20,400 shares issued, and 15,600 shares of common stock outstanding. The...

Answered: 1 week ago

Question

★★★★★
Padilla Books is concerned about the profitability of its regular dictionaries. Company mangers are considering producing only the top- quality, hand- sewn dictionaries with gold- edged pages....

Answered: 1 week ago

Question

★★★★★
Question 11 pts Decide if any information in the following sentence is potentially libelous. Select L if it is potentially libelous and S is if the statement is safe to publish. A member of the...

Answered: 1 week ago

Question

★★★★★
Compare functions/responsibilities of Chief Information Officer (CIOs) for the routine business organizations and healthcare organizations. Determine which responsibilities of the CIO are different...

Answered: 1 week ago

Question

★★★★★
QUESTION 4 Rambo Company has three products, A, B, and C. The following information is available: Product A $68,000 39,000 29,000 Product B $95,000 49,000 46,000 Productc $22,000 15,000 7000 Sales...

Answered: 1 week ago

Question

★★★★★
1 = data.quantile([0.25,0.75]) # Complete the code to find the 25th percentile and 75th percentile. Q3 = data.quantile([0.75,0.75]) # Complete the code to find the 75th percentile and 75th...

Answered: 1 week ago

Question

★★★★★
A 1,500 square foot office space is leased at $12.00 square foot. The space is vacant one month out of the year. Office expenses are $6.50 per square foot and an expense stop is set at $6.00 per...

Answered: 1 week ago

Question

★★★★★
Give examples of how all five of your needs in Maslows hierarchy of needs have been or are being met.

Answered: 1 week ago

Question

★★★★★
Some people have stated that the performance formula is oversimplified. Do you agree? Can it really be used to increase performance?

Answered: 1 week ago

Question

★★★★★
Describe the new structures for the HRM function. page 724

Answered: 1 week ago

Previous Question Next Question