On January 1, 2013, Daisy Company acquired 80 percent of Rose Company for $594,000 in cash. Rose's total book value on that date was $610,000 and the fair value of the noncontrolling interest was $148,500. The newly acquired subsidiary possessed a trademark (10-year remaining life) that, although unrecorded on Rose's accounting records, had a fair value of $75,000. Any remaining excess acquisition-date fair value was attributed to goodwill. Daisy decided to acquire Rose so that the subsidiary could furnish component parts for the parent's production process. During the ensuing years, Rose sold inventory to Daisy as follows: upstream

Any transferred merchandise that Daisy retained at a year-end was always put into production during the following period. On January 1, 2014, Daisy sold Rose several pieces of equipment that had a 10-year remaining life and were being depreciated on the straight-line method with no salvage value. This equipment was transferred at an $80,000 price, although it had an original $100,000 cost to Daisy and a $44,000 book value at the date of exchange. On January 1, 2015, Daisy sold land to Rose for $50,000, its fair value at that date. The original cost had been only $22,000. By the end of 2015, Rose had made no payment for the land.

The following separate financial statements are for Daisy and Rose as of December 31, 2015. Daisy has applied the equity method to account for this investment.

Required:
a. Prepare the consolidation entries required at December 31, 2015, for the transfer of inventory.
b. Prepare the consolidation entries required at December 31, 2015, for the transfers land and equipment.

Strawberry plants reproduce by

When making broccoli cream soup, the broccoli and aromatics should be a. burned. b. simmered. c. puréed. d. sweated.

Ticker services began operations in 2015 and maintains long-term investments in available-for-sale securities. the year-end cost and fair values for its portfolio of these investments follow.portfolio of available-for-sale securities cost fair valuedecember 31, 2015 $ 369,060 $ 357,988 december 31, 2016 420,728 445,972 december 31, 2017 572,190 676,901 december 31, 2018 864,007 768,966 prepare journal entries to record each year-end fair value adjustment for these securities.calculation adjustment required to fair value adjustment.12/31/15 existing balance in fair value adjustment-afs (lt) required balance in fair value adjustment-afs (lt) adjustment required to fair value adjustment-afs (lt) 12/31/16 existing balance in fair value adjustment-afs (lt) required balance in fair value adjustment-afs (lt) adjustment required to fair value adjustment-afs (lt) 12/31/17 existing balance in fair value adjustment-afs (lt) required balance in fair value adjustment-afs (lt) adjustment required to fair value adjustment-afs (lt) 12/31/18 existing balance in fair value adjustment-afs (lt) required balance in fair value adjustment-afs (lt) adjustment required to fair value adjustment-afs (lt) record the year-end adjusting entry for the securities portfolio as of december 31, 2015.date general journal debit creditdec 31, 2015 record the year-end adjusting entry for the securities portfolio as of december 31, 2016.date general journal debit creditdec 31, 2016 record the year-end adjusting entry for the securities portfolio as of december 31, 2017.date general journal debit creditdec 31, 2017 record the year-end adjusting entry for the securities portfolio as of december 31, 2018.date general journal debit creditdec 31, 2018