![subject](/tpl/images/cats/ekonomika.png)
Business, 18.07.2020 18:01 rainbowboy9231
Westbrook Financial Services, Inc. invested $15,000 to acquire 7,250 shares of Cloud Investments, Inc. on March 15, 2015 This investment represents less than 20% of the investee's voting stock. On May 7, 2018, Westbrook Financial Services, Inc. sells 2,250 shares for $12,250. Which of the following will be the correct journal entry for the May 7, 2018 transaction? (Round any intermediate calculations to two decimal places, and your final answer to the nearest dollar.) 12,250
A. Cash 12,250
Gain on Disposal 12,250
B. Cash 12,250
Equity Investments 12.250
C. Loss on Disposal 12,250
Equity Investment 12,250
D. Cash 12,250
Equity Investments 4,657
Gain on Disposal 7,593
![ansver](/tpl/images/cats/User.png)
Answers: 1
![](/tpl/images/ask_question.png)
![](/tpl/images/ask_question_mob.png)
Other questions on the subject: Business
![image](/tpl/images/cats/ekonomika.png)
Business, 22.06.2019 10:10, hausofharris
Karen is working on classifying all her company’s products in terms of whether they have strong or weak market share and whether this share is in a slow or growing market. what type of strategic framework is she using?
Answers: 2
![image](/tpl/images/cats/ekonomika.png)
![image](/tpl/images/cats/ekonomika.png)
Business, 22.06.2019 19:40, cieloromero1
Moody corporation uses a job-order costing system with a plantwide predetermined overhead rate based on machine-hours. at the beginning of the year, the company made the following estimates: machine-hours required to support estimated production 100,000 fixed manufacturing overhead cost $ 650,000 variable manufacturing overhead cost per machine-hour $ 3.00 required: 1. compute the plantwide predetermined overhead rate. 2. during the year, job 400 was started and completed. the following information was available with respect to this job: direct materials $ 450 direct labor cost $ 210 machine-hours used 40
Answers: 3
You know the right answer?
Westbrook Financial Services, Inc. invested $15,000 to acquire 7,250 shares of Cloud Investments, In...
Questions in other subjects:
![Konu](/tpl/images/cats/health.png)
![Konu](/tpl/images/cats/obshestvoznanie.png)
Social Studies, 26.06.2019 13:00
![Konu](/tpl/images/cats/mat.png)
Mathematics, 26.06.2019 13:00
![Konu](/tpl/images/cats/mat.png)
![Konu](/tpl/images/cats/mat.png)
![Konu](/tpl/images/cats/en.png)
![Konu](/tpl/images/cats/istoriya.png)
![Konu](/tpl/images/cats/es.png)
![Konu](/tpl/images/cats/health.png)
![Konu](/tpl/images/cats/istoriya.png)
History, 26.06.2019 13:00