Business, 27.02.2020 01:54 BeautyxQueen
1. A parent provides consulting services to its wholly-owned subsidiary during the year. The parent charged the subsidiary $600,000 for the services. The parent's cost of providing the services is $520,000. The companies use service revenue and service expense, as appropriate, to record this transaction on their own books. The consolidation eliminating entry or entries related to the intercompany services include an adjustment to the subsidiary's accounts as follows: A. a credit to service revenue, $600,000. B. a debit to service expense, $520,000. C. a credit to service expense, $600,000. D. a debit to service revenue, $520,000.
Answers: 2
Business, 22.06.2019 11:30
Buyer henry is going to accept seller shannon's $282,500 counteroffer. when will this counteroffer become a contract. a. counteroffers cannot become contracts b. when henry gives shannon notice of the acceptance c. when henry signs the counteroffer d. when shannon first made the counteroffer
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Business, 22.06.2019 17:00
Which represents a surplus in the market? a market price equals equilibrium price. b quantity supplied is greater than quantity demanded. c market price is less than equilibrium price. d quantity supplied equals quantity demanded.
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Business, 22.06.2019 17:30
According to management education expert ashok rao, companies can increase their profitability by through careful inventory management. a. 5% to 10% b. 10% to 25% c. 20% to 50% d. 75%
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1. A parent provides consulting services to its wholly-owned subsidiary during the year. The parent...
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