subject
Business, 09.02.2022 21:40 jay3676

On December 31, Platinum Gems common shares are publicly listed on the stock exchange at a value of $64 per share (2 million shares were purchased on April 1 for $62 per share). Select the appropriate year-end adjusting entry, if any. a. no adjusting entry is needed b. Dr. Cash $4 million Cr. Investment in Platinum Gems $4 million c. Dr. Investment in Platinum Gems $4 million Cr. OCI $4 million d. Dr. Investment in Platinum Gems $4 million Cr. Unrealized gain on fair value of investments (P&L) $4 million

ansver
Answers: 2

Another question on Business

question
Business, 21.06.2019 22:30
Abusiness cycle reflects in economic activity, particularly real gdp. the stages of a business cycle
Answers: 2
question
Business, 22.06.2019 11:00
Which statement best describes the variety of workplaces commonly found in the health science career cluster? a. workplaces in this cluster include healthcare facilities such as hospitals, physician offices, and clinics. b. workplaces in this cluster include healthcare facilities, laboratories, and other environments such as offices or homes. c . workplaces in this cluster include nonprofit hospitals, government-run clinics, and private physicians' offices. d. workplaces in this cluster include private and nonprofit hospitals and clinics, and dentists' offices.
Answers: 1
question
Business, 22.06.2019 15:40
Colter steel has $5,550,000 in assets. temporary current assets $ 3,100,000 permanent current assets 1,605,000 fixed assets 845,000 total assets $ 5,550,000 assume the term structure of interest rates becomes inverted, with short-term rates going to 10 percent and long-term rates 2 percentage points lower than short-term rates. earnings before interest and taxes are $1,170,000. the tax rate is 40 percent earnings after taxes = ?
Answers: 1
question
Business, 22.06.2019 16:50
Arestaurant that creates a new type of sandwich is using (blank) as a method of competition.
Answers: 1
You know the right answer?
On December 31, Platinum Gems common shares are publicly listed on the stock exchange at a value of...
Questions
question
Mathematics, 24.12.2019 01:31
Questions on the website: 13722363