Additional investment by non-controlling shareholders
a. increase in non-controlling interest account
b. decrease in non-controlling interest account
ANSWER: |
a. increase in non-controlling interest account |
Additional investment by non-controlling shareholders in the company, increases their shareholdings & consequently their % age share in the company's total capital. |
Additional investment by non-controlling shareholders a. increase in non-controlling interest account b. decrease in non-controlling interest...
Dividends paid to non-controlling shareholders a. increase the non-controlling interest account b. decrease the non-controlling interest account
What happens to the non controlling interest dividends of $24,000 in preparing of consolidated cash flows from operating activities ? Consolidated net income 100,000 Increase in account receivable (105,000) Increase in inventories (45,000) Depreciation expense 120,000 Decrease in accounts payable (20,000) Loss on sale of land 100,000 Amortization of patents 16,000 Undistributed income of equity investees (5,000) Noncontrolling interest share 50,000 Noncontrolling interest dividends ? Net cash provided by Operating...
a. FRS 110 paragraph 22 requires non-controlling interest in the consolidated statement of financial position to be presented within equity, separately from the owners of the parent. The now-superseded FRS 27 (2003) required minority interest to be presented separately from liabilities and parent shareholders’ equity. Discuss the implications of the change in the requirement of the accounting standard. (11 marks) b. Assume that there are only two shareholders in a company; the controlling shareholder holds 90% of the equity shares...
The crowding-out from expansionary fiscal policy causes real interest rates to (increase/decrease) investment to (decrease/increase) , and aggregate demand to shift (left/right),(decreasing/increasing) the overall impact of expansionary economic policy.
what is a "non-controlling interest"? How is it accounted for on the subsidiary's, the parent's, and the consolidated financial statements? Why would a firm desire a non-controlling interest in another firm? Explain.
Other things equal, an increase in the real interest rate leads to a. a decrease in the quantity of investment goods demanded b. an increase in the quantity of investment goods demanded c. no change in the quantity of investment goods d. either an increase or a decrease in the quantity of investment goods demanded depending on the initial amount of investment.
a. Increase in retained earnings Investing X b. Increase in equipment Investing C. Increase in interest receivable Operating d. Decrease in bonds payable Financing e. Increase in unearned rent revenue Operating ✓ f. Decrease in prepaid insurance Operating g. Decrease in long-term investment Financing X h. Increase in accounts payable Operating 2. Indicate whether each of the changes in the balance sheet account activity. a. Increase in retained earnings Noncash activity X b. Increase in equipment Cash decrease C. Increase...
Purchased office furniture on account Account #1 Account Type Increase/Decrease Debit/Credit Account 2 Account Type Increase/Decrease Debit/Credit Purchased equipment on account Account #1 Account Type Increase/Decrease Debit/Credit Account #2 Account Type Increase/Decrease Debit/Credit Purchased office supplies on account Account 31 Account Type Utred Account #2 Account Type Increase/Decrease Debit/Credit Paid for a one year insurance policy Account #1 Account Type Increase/Decrease Debit/Credit Account #2 Account Type Increase/Decrease Debit/Credit Received cash for services rendered to a client Account #1 Account Type...
18) The premium on bonds payable: a) represents the increase in interest expense over the life of the bonds b) represents a decrease in interest expense over the life of the bonds c) decreases interest expense to the effective interest rate d) both (b) and (c) are correct e) none of the above. 19) Interest received on investment is classified on Statement of Cash Flows as: a. Financing activity b Operating activity c investing activity d. Non-cash investing and Financing...
Purchased equipment on account C Account #1 Account Type Increase/Decrease Debit/Credit Account #2 Account Type Increase/Decrease Debit/Credit Provided services on account Account Account Type Increase/Decrease Debit/Credit Account w2 Account Type Increase/Decrease Debit/Credit Collected cash for future services Increase/Decrease Account Type Debit/Credit Account Collected cash for future services Account #1 Account Type Increase/Decrease Debit/Credit Account #2 Account Type Increase/Decrease Debit/Credit Prepaid for rent Account #1 Account Type Increase/Decrease Debit/Credit Account #2 Account Type Increase/Decrease Debit/Credit Bought a company truck for $9,000...