Methods of Business Organization Or if you have a better topic after paper is completed

Methods of Business Organization Or if you have a better topic after paper is completed Coursework example
High school
Coursework
Finance & Accounting
Pages 3 (753 words)
Download 0
Business Acquisitions Student’s Name Institution Accounting Methods GAAP (Generally Accepted Accounting Principle) acknowledges several accounting methods for an investing corporation. This can be Fair- value method or Equity method. In addition to these two, is the Consolidation formula for the reporting stands (Sevin, S., Schroeder, R., 2005)…

Introduction

This is primarily because the Big Co. only has a noticeable control of the Small Co. (3000share of the 10000 share is a considerable control). For the case of Little Co., Big Co. has a fairly small control which amounts to about one percent of the issued (i.e. owns 1000 shares of the 10000 shares) stock. For this reason, Fair value accounting formula will be employed in treating the accounts work that relates the two companies. Considering the case in Tiny Co., Big Co. has total control on this company and hence the method of consolidation of the accounts will be used. The relationship between Big Co. and Tiny Co. will be viewed as one business. The three methods will be applied as has been outlined mainly because of the voting control Big Co. has on each of them. Journal Entries The ownership which Big Co. has on Little Co. of about 1%, the accounting will be guided entirely by fair value method. This is reflected right away from the journal entries which are the original books of accounts where transactions are recorded as they occur. The journal entries describing the transactions between Big Co. and Small Co. will be directed by the stipulations of equity method. All these transactions are as outlined below in the following tables. Transaction between Big Co. ...
Download paper
Not exactly what you need?

Related papers

NYSE and NASDAQ. Forms of a business organization.
Formerly, NYSE had been operating as a privatized organization but in 2005 it was turned into a public body. It also had a merger with European Exchange in the year 2007. In order to cope up with this era of efficient and advanced technology NYSE has an advanced computerized system and more than 50% of its trading takes place electronically. (Stock Market Investing Guide) National Association of…
Professional Accounting Skills For Business Decisions
Through the group works that I was a member, I developed the skills of being able to think deep in my presentations. The group members demanded that everyone has to contribute in the group works which made me to think deeply before making my contribution. This made it possible for me to give relevant contributions that were within the context of the topic. 2. Perceptual skill; perceptual skill is…
Answer questions- Business paper.
Some studies have also shown a relation between animal cruelty and human violence. Therefore, reduction in animal abuse can also cause some reduction in the violence among humans. There is a difference between the animals that are kept as pets and those that are raised for food. However, the treatment of the animals kept in farms and other places that are raised as food are entitled to a certain…
Innovation (topic is FairTarde Organization) subject is marketing
Ethical issues 12 6. Main Analysis and findings 12 7. Conclusion 18 8. Recommendations 19 9. Annexes 20 9. References 23 Fair Trade: An Industry Analysis and the Future of The Music Industry In UK 1.0 Introduction Fair Trade makes a powerful case for how innovation brings forth a model that shifts innovative practices that were unthinkable before. This organization has transformed an innovative…
Small-Business Idea Paper
Advantages and Disadvantages of Four Different Forms of Business Organizations There are fundamentally four types of business forms currently practiced by entrepreneurs, such as sole proprietorship, partnership, C-Corporation, and S-Corporation. However, with due consideration to their practical implementation, various advantages and disadvantages can be identified which are elaborated in the…
Imagine you are a small business owner
Net margin can be calculated dividing net income by total sales. The managers of small businesses must pay close attention to the profitability of the business as well as its cash flow position. The current ratio is a good ratio to analyze small businesses because it measures the liquidity of a company. It measures the ability of the company to pay off its short term debt. A current ratio is…
Small-Business Idea Paper
Advantages and disadvantages of sole proprietorship Sole proprietorship is the most popular and the longest practiced form of business organization. Some of its advantages are the ease with which it can be established and the ease with which it can be wound up. The processes are cheap, and are free from legal formalities because only establishing a business requires registration of business name…