subject
Business, 11.12.2019 21:31 mauricio18s

Sunland inc. owns shares of coronado corporation stock. at december 31, 2020, the securities were carried in sunland’s accounting records at their cost of $1,045,000, which equals their fair value. on september 21, 2021, when the fair value of the securities was $1,285,000, sunland declared a property dividend whereby the coronado securities are to be distributed on october 23, 2021, to stockholders of record on october 8, 2021. prepare all journal entries necessary on those three dates. (credit account titles are automatically indented when amount is entered. do not indent manually. if no entry is required, select "no entry" for the account titles and enter 0 for the amounts.)

ansver
Answers: 1

Another question on Business

question
Business, 21.06.2019 21:00
Identify the management, organization, and technology factors responsible for slow adoption rates of internal corporate social networks.when a company decides to launch a social networking program the management, all need to be on board with the launch. from the ceo down to the shift or assistant manager everyone needs to know its coming and be excited. the organization of such a launch needs to be mapped out, and training provided for the new systems. within the company, they need to make sure the technology at hand (computers, tablets, and company phones), are all compatible with the system. when a company launches a new system, and the find that the employees are not adopting it, they need to investigate the reasons. is the management at all level's onboard? did we organize the launch properly? do we have the right technology for the system? things can goeither way but if
Answers: 2
question
Business, 22.06.2019 10:00
mary's baskets company expects to manufacture and sell 30,000 baskets in 2019 for $5 each. there are 4,000 baskets in beginning finished goods inventory with target ending inventory of 4,000 baskets. the company keeps no work-in-process inventory. what amount of sales revenue will be reported on the 2019 budgeted income statement?
Answers: 2
question
Business, 22.06.2019 13:10
A4-year project has an annual operating cash flow of $59,000. at the beginning of the project, $5,000 in net working capital was required, which will be recovered at the end of the project. the firm also spent $23,900 on equipment to start the project. this equipment will have a book value of $5,260 at the end of the project, but can be sold for $6,120. the tax rate is 35 percent. what is the year 4 cash flow?
Answers: 2
question
Business, 22.06.2019 13:30
How does hipaa address employee’s access to e-phi?
Answers: 1
You know the right answer?
Sunland inc. owns shares of coronado corporation stock. at december 31, 2020, the securities were ca...
Questions
question
Engineering, 13.10.2020 05:01
question
Mathematics, 13.10.2020 05:01
question
Physics, 13.10.2020 05:01
Questions on the website: 13722362