Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. where on the balance sheet do you report investmen

Where on the balance sheet do you report investment in equities for ownership of between...

90.2K

Verified Solution

Question

Accounting

Where on the balance sheet do you report investment in equities for ownership of between 20 and 50%?

What is the valuation basis of this type of investment for reporting purposes?

Equity method of accounting (ownership between 20 and 50%)

Answer & Explanation Solved by verified expert
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!
Become a Member

Other questions asked by students

Basic Math
1.2K views

Geoff is running a carnival game. He has 15 marbles in a bag: there are 4...

Medical Sciences
1.2K views

The three principles with regards to the sensory cortex (mechanisms of perception), with one of them...

Basic Math
1.2K views

Answer the question about the following quote from a news source The unemployment rate has...

Statistics
1.2K views

It is known that distribution of wheat yields is skewed to the right with a...

Algebra
1.2K views

Evaluate by following the order of operations BEDMAS 4 6001 0 008 140 365

Accounting
1.2K views

Jackson's company is a leading manufacturer and distributor of electronic musical instruments, including keyboards and...

Accounting
1.2K views

Dividends Per Share Seventy-Two Inc., a developer of radiology equipment, has stock outstanding as follows:...

Accounting
1.2K views

3-a. Prepare Wells Technical Institute's income statement for the year. 3-b. Prepare Wells Technical Institute's...

Accounting
1.2K views

If an entity purchases a new delivery vehicle it doesnt make sense to expense the...

Accounting
1.2K views

The following data were reported by a corporation: Authorized shares Issued shares Treasury shares 31,000...

Accounting
1.2K views

prepare an unadjusted trial balance, then ajusting entries, an adjusted trial balance, income statement,statement of...

Accounting
1.2K views

On January 1, 2018, Harrison Inc. had the following account balances in its shareholders' equity...