Fredo, Inc., compr el 10% de Sonny Enterprises por $1,000,000 el 1 de enero de...
90.2K
Verified Solution
Link Copied!
Question
Accounting
Fredo, Inc., compr el 10% de Sonny Enterprises por $1,000,000 el 1 de enero de 2021. Sonny reconoci un ingreso neto total de $310,000 durante 2021, pag $21,000 de dividendos a Fredo durante 2021 y, al 31 de diciembre de 2021, el valor de mercado de la inversin de Sonny aument a $1,031,000. Requerido: Prepare los asientos de diario necesarios para contabilizar la inversin de Sonny, asumiendo que Fredo (1) no tiene una influencia significativa o (2) tiene una influencia significativa sobre las polticas operativas y financieras de la participada.
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
- Unlimited Question Access with detailed Answers
- Zin AI - 3 Million Words
- 10 Dall-E 3 Images
- 20 Plot Generations
- Conversation with Dialogue Memory
- No Ads, Ever!
- Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Other questions asked by students
StudyZin's Question Purchase
1 Answer
$0.99
(Save $1 )
One time Pay
- No Ads
- Answer to 1 Question
- Get free Zin AI - 50 Thousand Words per Month
Unlimited
$4.99*
(Save $5 )
Billed Monthly
- No Ads
- Answers to Unlimited Questions
- Get free Zin AI - 3 Million Words per Month
*First month only
Free
$0
- Get this answer for free!
- Sign up now to unlock the answer instantly
You can see the logs in the Dashboard.