Maurice Tutor

(5)

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About Maurice Tutor

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Expertise:
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Algebra,Applied Sciences,Biology,Calculus,Chemistry,Economics,English,Essay writing,Geography,Geology,Health & Medical,Physics,Science Hide all
Teaching Since: May 2017
Last Sign in: 402 Weeks Ago, 2 Days Ago
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Education

  • MCS,PHD
    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

Experience

  • Professor
    Phoniex University
    Oct-2001 - Nov-2016

Category > Accounting Posted 11 Aug 2017 My Price 5.00

Bradster Co.

Bradster Co. acquired 20% of the outstanding common stock of Curly Co. on January 1, 2011, by paying $800,000 for the 40,000 shares. Curly declared and paid $.80 per share cash dividends on June 15, and December 15, 2011. Curly reported net income of $360,000 for the year.

Required
A. Prepare journal entries for Bradster assuming Curly cannot exercise significant influence over Curly. (Use the cost method)

 

 

B. Prepare journal entries for Bradster assuming Curly can exercise significant influence over Bradster. (Use the equity method).

 
 

Answers

Maurice Tutor
(5)
Status NEW Posted 11 Aug 2017 04:08 PM My Price 5.00

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