Paper Corporation owns 75 percent of Scissor Company's stock. On July 1, 20X8, Paper sold a building to Scissor for $33,000. Paper had purchased this building on January 1, 20X6, for $36,000. The building's original eight-year estimated total economic life remains unchanged. Both companies use straight-line depreciation. The building's residual value is considered negligible.Based on the information provided, while preparing the 20X8 consolidated income statement, depreciation expense will be:
A. credited for $750 in the consolidating entries.
B. debited for $1,500 in the consolidating entries.
C. debited for $750 in the consolidating entries.
D. credited for $1,500 in the consolidating entries.
Answer: A
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The U.S. insurance industry data reveal that:
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Marcel supervises a group of paralegals serving the firm's lawyers. He gets along well with his employees, and he has created detailed procedures for all the types of legal document they encounter. Marcel hires and fires; he also gives work assignments, performance appraisals, and promotions. The optimal leadership style for Marcel is _____ according to the contingency model.
A. transformational B. task-oriented C. transitional D. relationship-oriented E. consideration
In the global airline industry a firm may have many choices as to which segments to compete in. However, this also means it will be more difficult for the firm to find a __________.
a. Partner b. Niche segment c. Network d. Profitable competitive position
A method of containing costs that allows a professional employer organization (PEO), typically a larger company, to take over the management of a smaller company's HR tasks and become a coemployer to its employees is known as
A. outsourcing. B. employee leasing. C. furloughing. D. nearshoring.