1.
Indicate the method used by Company C to account the investment in Corporation S under Case A and Case B.
2.
a.
Journalize the purchase of investment in Company C stock for Case A and Case B.
b.
Journalize the income reported by Corporation S, for Case A and Case B.
c.
Journalize the dividends paid by Corporation S, for Case A and Case B.
d.
Journalize the
3.
a.
Show the amounts related to investments, to be reported on the
b.
Show the amounts related to investments, to be reported on the statement of
c.
Show the revenue related to investments, to be reported on the income statement of Company C.
4.
Explain the reasons for the differences between the Case A and Case B investments.
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Financial Accounting, 8th Edition
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