On July 1, 2019, an investor company owns 20% of the common stock of an Investee and can exercise significant Influence over the Investee. On July 1, 2019, Immedlately preceding the sale of 10% of the investee to an unaffiliated party, the balance of the Equity Investment account was $50,000. The Investor company sold the 10% Interest in the Investee for $30,000. The investor company determined that after the sale of 10% it could no longer exert significant Influence and that the remalning 10% investment has a readily determinable fair value. Immediately after the sale of the 10% interest, what is the carrying amount (l.e., balance) of the Equlty Investment and what method of accounting must the Investor use for the Equity Investment? Select one a. Balance - S25,000 Method Equity b. Balance - $25,000 Method - Fair value C. Balance - $ 30,000 : Method- Fair value d. Balance - $ 30,000: Method - Cost-based

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Employee Benefits

In an organization employees are the most important resource and most important asset. They can lead an organization to the sky or can be the reason for unsuccessful of business. Therefore, it is very much important that employees of an organization should be satisfied by the environment of the organization and most importantly with the salary, wages incentives, etc.