Homework Answers
Journal entry :
| No. | Date | Accounts & explanation | debit | credit |
| 6 | Dec 31, 2018 | Cash | 365000 | |
|
Long term investment-Grecco (648570/25800*10000) |
251384 | |||
| Gain on sale of investment | 113616 | |||
Add Answer to:
Number 6 for Dec 31 is not right. Please help me
y work mode : This...
Year 1 Jan. 2 Purchased 75,000 shares of Grecco Co. common stock for $531,000 cash. Grecco...
Year 1 Jan. 2 Purchased 75,000 shares of Grecco Co. common stock for $531,000 cash. Grecco has 300,000 shares of common stock outstanding, and its activities will be significantly influenced by Kodax. Sept. 1 Grecco declared and paid a cash dividend of $1.70 per share. Dec. 31 Grecco announced that net income for the year is $504,900. Year 2 June 1 Grecco declared and paid a cash dividend of $3.40 per share. Dec. 31 Grecco announced that net income for...
Listed below are a few events and transactions of Kodax Company. Year 1 Jan. 2 Purchased...
Listed below are a few events and transactions of Kodax Company. Year 1 Jan. 2 Purchased 45,000 shares of Grecco Co. common stock for $451,000 cash. Grecco has 180,000 shares of common stock outstanding, and its activities will be significantly influenced by Kodax. Sept. 1 Grecco declared and paid a cash dividend of $1.90 per share. Dec. 31 Grecco announced that net income for the year is $492,900. Year 2 June 1 Grecco declared and paid a cash dividend of...
Listed below are a few events and transactions of Kodax Company. Year 1 Jan. 2 Purchased...
Listed below are a few events and transactions of Kodax Company. Year 1 Jan. 2 Purchased 25,000 shares of Grecco Co. common stock for $421,000 cash. Grecco has 100,000 shares of common stock outstanding, and its activities will be significantly influenced by Kodax. Sept. 1 Grecco declared and paid a cash dividend of $1.60 per share. Dec. 31 Grecco announced that net income for the year is $488,400. Year 2 June 1 Grecco declared and paid a cash dividend of...
Exercise 15-12 Securities transactions; equity method LO P4 Listed below are a few events and transactions...
Exercise 15-12 Securities transactions; equity method LO P4 Listed below are a few events and transactions of Kodax Company. 2017 Jan. 2 Purchased 24,960 shares of Grecco Co. common stock for $409,000 cash plus a broker's fee of $3,100 cash. Grecco has 96,000 shares of common stock outstanding, and its policies will be significantly influenced by Kodax. Sept. 1 Grecco declared and paid a cash dividend of $1.60 per share. Dec. 31 Grecco announced that net income for the year...
m an ansactions of Kodax Company. Year 1 Jan. 2 Purchased 87,000 shares of Grecco Co....
m an ansactions of Kodax Company. Year 1 Jan. 2 Purchased 87,000 shares of Grecco Co. common stock for $536,000 cash. Grecco has 261,000 shares of common stock outstanding, and its activities will be significantly influenced by Kodax. Sept. 1 Grecco declared and paid a cash dividend of $1.40 per share. Dec. 31 Grecco announced that net income for the year is $509,400. Year 2 June 1 Grecco declared and paid a cash dividend of $3.ee per share. Dec. 31...
Listed below are a few events and transactions of Kodax Company Year 1 Jan. 2 Purchased...
Listed below are a few events and transactions of Kodax Company Year 1 Jan. 2 Purchased 30,000 shares of Grecco Co. common stock for $411,000 cash. Grecco has 90,000 shares of common stock outstanding, and its activities will be significantly influenced by Kodax. Sept. 1 Grecco declared and paid a cash dividend of $1.50 per share. Dec. 31 Grecco announced that net income for the year is $486,900. Year 2 June 1 Grecco declared and paid a cash dividend of...
Exercise 15-12 Securities transactions; equlty method LO P4 Listed below are a few events and transactions...
Exercise 15-12 Securities transactions; equlty method LO P4 Listed below are a few events and transactions of Kodax Company. 2017 Jan. 2 Purchased 28,000 shares of Grecco Co. common stock for $426,000 cash plus a broker's fee of $4,800 cash. Grecco has 70,000 shares of common stock outstanding, and its policies will be significantly influenced by Kodax. Sept. 1 Grecco declared and paid a cash dividend of $3.30 per share. Dec. 31 Grecco announced that net income for the year...
Listed below are a few events and transactions of Kodax Company, Year 1 Jan. 2 Purchased...
Listed below are a few events and transactions of Kodax Company, Year 1 Jan. 2 Purchased 40,000 shares of Grecco Co. common stock for $431,000 cash. Grecco has 120,000 shares of common stock outstanding, and its activities will be significantly influenced by Kodax. 1 Grecco declared and paid a cash dividend of $1.70 per share. Dec. 31 Grecco announced that net income for the year is $489,900. Sept: Year 2 June 1 Grecco declared and paid a cash dividend of...
7. Exercise 15-12 Accounting for equity method investments LO P5 Listed below are a few events...
7.
Exercise 15-12 Accounting for equity method investments LO P5 Listed below are a few events and transactions of Kodax Company Year 1 Jan. 2 Purchased 30,eee shares of Grecco Co. common stock for $411, ce cash. Grecco has 9,000 shares of common stock outstanding and its activities will be significantly influenced by Kodax Sept. 1 Grecco declared and paid cash dividend of $1.50 per share. Dec. 31 Grecco announced that net incore for the year is $486.000. Year 2...
Listed below are a few events and transactions of Kodax Company. Year 1 Jan. 2 Purchased...
Listed below are a few events and transactions of Kodax Company. Year 1 Jan. 2 Purchased 62,000 shares of Grecco Co. common stock for $586,000 cash. Grecco has 186,000 shares of common stock outstanding, and its activities will be significantly influenced by Kodax. Sept. 1 Grecco declared and paid a cash dividend of $1.50 per share. Dec. 31 Grecco announced that net income for the year is $516,900. Year 2 June 1 Grecco declared and paid a cash dividend of...
Exercise 15-12 Securities transactions; equity method LO P4 Listed below are a few events and transactions of Kodax Company. 2017 Jan. 2 Purchased 24,960 shares of Grecco Co. common stock for $409,000 cash plus a broker's fee of $3,100 cash. Grecco has 96,000 shares of common stock outstanding, and its policies will be significantly influenced by Kodax. Sept. 1 Grecco declared and paid a cash dividend of $1.60 per share. Dec. 31 Grecco announced that net income for the year...
m an ansactions of Kodax Company. Year 1 Jan. 2 Purchased 87,000 shares of Grecco Co. common stock for $536,000 cash. Grecco has 261,000 shares of common stock outstanding, and its activities will be significantly influenced by Kodax. Sept. 1 Grecco declared and paid a cash dividend of $1.40 per share. Dec. 31 Grecco announced that net income for the year is $509,400. Year 2 June 1 Grecco declared and paid a cash dividend of $3.ee per share. Dec. 31...
Listed below are a few events and transactions of Kodax Company Year 1 Jan. 2 Purchased 30,000 shares of Grecco Co. common stock for $411,000 cash. Grecco has 90,000 shares of common stock outstanding, and its activities will be significantly influenced by Kodax. Sept. 1 Grecco declared and paid a cash dividend of $1.50 per share. Dec. 31 Grecco announced that net income for the year is $486,900. Year 2 June 1 Grecco declared and paid a cash dividend of...
Exercise 15-12 Securities transactions; equlty method LO P4 Listed below are a few events and transactions of Kodax Company. 2017 Jan. 2 Purchased 28,000 shares of Grecco Co. common stock for $426,000 cash plus a broker's fee of $4,800 cash. Grecco has 70,000 shares of common stock outstanding, and its policies will be significantly influenced by Kodax. Sept. 1 Grecco declared and paid a cash dividend of $3.30 per share. Dec. 31 Grecco announced that net income for the year...
Listed below are a few events and transactions of Kodax Company, Year 1 Jan. 2 Purchased 40,000 shares of Grecco Co. common stock for $431,000 cash. Grecco has 120,000 shares of common stock outstanding, and its activities will be significantly influenced by Kodax. 1 Grecco declared and paid a cash dividend of $1.70 per share. Dec. 31 Grecco announced that net income for the year is $489,900. Sept: Year 2 June 1 Grecco declared and paid a cash dividend of...
7.
Exercise 15-12 Accounting for equity method investments LO P5 Listed below are a few events and transactions of Kodax Company Year 1 Jan. 2 Purchased 30,eee shares of Grecco Co. common stock for $411, ce cash. Grecco has 9,000 shares of common stock outstanding and its activities will be significantly influenced by Kodax Sept. 1 Grecco declared and paid cash dividend of $1.50 per share. Dec. 31 Grecco announced that net incore for the year is $486.000. Year 2...
Listed below are a few events and transactions of Kodax Company. Year 1 Jan. 2 Purchased 62,000 shares of Grecco Co. common stock for $586,000 cash. Grecco has 186,000 shares of common stock outstanding, and its activities will be significantly influenced by Kodax. Sept. 1 Grecco declared and paid a cash dividend of $1.50 per share. Dec. 31 Grecco announced that net income for the year is $516,900. Year 2 June 1 Grecco declared and paid a cash dividend of...
Most questions answered within 3 hours.
-
Computer Programming II CS141(Java)
Mention the appropriate relationship between following
classes:
HOD–StaffMember
Car–Ferrari
Student-Address
BankAccount–FixedAccount
House-Building...
asked 1 hour ago -
Assume one of your finals has 50 questions on it, and
lucky for you, it's all...
asked 3 hours ago -
Rice Products in Bangladesh
Business behavior is derived in large part from the basic cultural
environment...
asked 4 hours ago -
The following base sequence is found for a mRNA fragment from
wild-type E. coli: 5'- UAUCAGUAGAUAAUGUAACC-3'...
asked 4 hours ago -
For this exercise, round all regression parameters to three
decimal places.
One of the two tables...
asked 5 hours ago -
What is the 5% level of significance for mean = 3.60, standard
deviation = 0.94, and...
asked 5 hours ago -
Prior to beginning work on this discussion, please read the
article by Hayley Peterson, 15 Companies...
asked 5 hours ago -
Which pair of aqueous solutions, when mixed, will form a
precipitate?
A) NaNO3 and AgC2H3O2
B)...
asked 5 hours ago -
1-Write an algorithm to get two numbers from the user (as
inputs) and calculate the sum...
asked 9 hours ago -
Define white-collar crime. What is the difference between
offender and offense-based definitions of white-collar crime? What...
asked 9 hours ago -
Consider a reaction which is 1st order with respect to A and 1st
order with respect...
asked 10 hours ago -
c++
The length of the hypotenuse of a right-angled triangle is the
square root of the...
asked 10 hours ago