Peck Company purchased Sanno Company common stock in a series of open-market cashpurchases from 2009 through 2011 as follows: Date: Shares Acquired Cost
Jan 1 , 2009 1800 46,000
Jan 1, 2010 4500 95,000
Jan 1 , 2011 9900 262,350
Sanno Company had 18,000 shares of 20 par value common stock outstanding during the entire period. Retained earnings balances for Sanno Company on relevant dates were
Jan 1 2009 $20,000
Jan 1, 2010 (30,000)
Jan 1, 2011 85,000
Dec 31, 2011 170,000
Dividends in the amount of $50,000 were distributed by Sanno Company only in 2011. Any difference between implied and book values assigned to good will. Peck company uses the cost method to account for its investment in Sanno Company,
Required:
A. Prepare journal entries that Peck company would record on its books during 2011 to account for its investment in Sanno Company.
B. Prepare the workpaper elimiating entries necessary to prepare a consildatted statement workpaper on Dec 31, 2011

Concrete consulting co. has the following accounts in its ledger: cash; accounts receivable; supplies; office equipment; accounts payable; jason payne, capital; jason payne, drawing; fees earned; rent expense; advertising expense; utilities expense; miscellaneous expense. transactions oct. 1 paid rent for the month, $3,600. 3 paid advertising expense, $1,200. 5 paid cash for supplies, $750. 6 purchased office equipment on account, $8,000. 10 received cash from customers on account, $14,800. 15 paid creditors on account, $7,110. 27 paid cash for miscellaneous expenses, $400. 30 paid telephone bill (utility expense) for the month, $250. 31 fees earned and billed to customers for the month, $33,100. 31 paid electricity bill (utility expense) for the month, $1,050. 31 withdrew cash for personal use, $2,500. journalize the following selected transactions for october 2019 in a two-column journal. refer to the chart of accounts for exact wording of account titles

If the findings and the results are not presented properly, the research completed was a waste of time and money. true false

Jose recently died with a probate estate of $900,000. he was predeceased by his wife, guadalupe, and his daughter, lucy. he has two surviving children, pete and fred. jose was also survived by eight grandchildren, pete’s three children, naomi, daniel, nick; fred’s three children, heather, chris and steve; and lucy’s two children, david and rachel. jose’s will states the following “i leave everything to my three children. if any of my children shall predecease me then i leave their share to their heirs, per stirpes.” which of the following statements is correct? (a) under jose’s will rachel will receive $150,000. (b) under jose’s will chris will receive $150,000. (c) under jose’s will nick will receive $100,000. (d) under jose’s will pete will receive $200,000.