Which of the following is the correct electron configuration for a neutral sulfur (S) atom, which has an atomic number of 16?
conversions.JPG periodic table.jpg VSEPR_chart.JPGChoose the…
conversions.JPG periodic table.jpg VSEPR_chart.JPGChoose the best answer for the following.
Information for Questions 29–30 Intercompany Depreciable Tra…
Information for Questions 29–30 Intercompany Depreciable Transactions Penn Co. owns 80% of Senn Co.’s stock. On January 3, 20×4, Senn Co. sold equipment with an original cost of $30,000 and a carrying value of $12,000 to Penn Co. for $16,000. The equipment had a remaining useful life of 4 years and was depreciated using the straight-line method by both companies. For your answers: Round your answer to the nearest dollar. Enter your answer as a number with no decimal places and no dollar ($) sign. You may enter the number with or without the comma separator (e.g., 28,374 or 28374). For the fill in multiple blanks question, if there is no entry, you must enter a 0. Blanks are marked as incorrect answers. For partial credit: After stating your answer, show how you arrived at your answer. (e.g., 13,000 ) Include any explanations or logic used to arrive at your answer.
Based on the Information for Questions 25-28, prepare elimin…
Based on the Information for Questions 25-28, prepare elimination (consolidation) entries for intercompany inventory transactions on December 31, 2024. Use question 25a to explain the logic you used to arrive at your answer. Elimination (Consolidation) Entries Account Debit Credit
Tyson Co., a holder of a $2,000,000 Penn Co. bond, collected…
Tyson Co., a holder of a $2,000,000 Penn Co. bond, collected the interest due on June 30, 20×4, and then sold the bond to Senn Co. for $ 1,920,000. On that date. Penn Co, an 80% owner of Senn Co., had a $ 2,085,000 carrying amount for this bond. What was the effect of Senn Co’s purchase of Penn Co’s bond on the consolidated income and income to noncontrolling interest amounts reported in Penn Co’s June 30, 20×4, consolidated income statement? (Hint: Downstream) Effect Choices Option Consolidated Income Income to Non-controlling Interest(NCI in NI) A. $132,000 increase $33,000 increase B. $165,000 increase $0 C. $0 $33,000 increase D. $0 $165,000 increase
When there are intercompany sales of inventory during the ye…
When there are intercompany sales of inventory during the year and a three-part consolidation worksheet is prepared, consolidation entries related to the intercompany sales: Always are needed. Are not needed if the entire inventory is resold to unrelated parties prior to the end of the year.
Based on the Information for Questions 11-12, what is the to…
Based on the Information for Questions 11-12, what is the total consolidated sales revenue?
When one company purchases the debt of an affiliate from an…
When one company purchases the debt of an affiliate from an unrelated party, a gain or loss on the constructive retirement of debt is recognized by which of the following? Gain or Loss Choices Option IssuingAffiliate PurchasingAffiliate ConsolidatedEntity A. Yes Yes No B. Yes Yes Yes C. No No No D. No No Yes
Penn Co. purchased land on January 1, 20X6, for $50,000. On…
Penn Co. purchased land on January 1, 20X6, for $50,000. On July 15, 20X8, it sold the land to its subsidiary, Senn Co. for $80,000. Penn Co. owns 70 percent of Senn’s voting shares. Based on this information, what will be the worksheet consolidating entry to remove the effects of the intercompany sale of land in preparing the consolidated financial statements for 20X8? Consolidating Entry Choices Option Accounts and Explanation Debit Credit A. Gain on Sale of Land 30,000 Land 30,000 B. Gain on Sale of Land 21,000 Land 21,000 C. Land 21,000 Gain on Sale of Land 21,000 D. Land 30,000 Gain on Sale of Land 30,000
Which of the following cardiac defects is treated with an ar…
Which of the following cardiac defects is treated with an arterial switch surgery?