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3 Cards in this Set
- Front
- Back
A company holds an investment that pays interest each June 30. Its balance sheet at Dec 31 should report... |
Interest receivable |
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Consolidation accounting... |
Combines the accounts of the parent company and those of subsidiary companies |
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You purchased 1,000 shares for $31 per share. On the next balance sheet date, it's quoted at $35 per share. Your balance sheet should report... |
Investments of $35,000 |