Project #68422 - Accounting Quickbooks

Required:

1) Cost method: Prepare journal entries for years 2014 and 2015 in QuickBooks™ on Investor Corporation’s books using the cost method, which assumes that investor does not have significant influence over Investee (for example, another corporation owns 70% of Investee Company’s stock).

 

2) Equity method: Prepare in QuickBooks™ the journal entries for years 2016 to 2017 on Investor Corporation’s books using the equity method, which assumes that Investor has significant influence over Investee Company.

 

3) Under the equity method Excel submission: Write a brief report between 200 and 300 words in length outlining your recommendations to senior management based on the information presented here.

Subject Business
Due By (Pacific Time) 04/26/2015 08:00 pm
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