acc311.8 - Answer D 25 D 26 B 27 60000 x 3/12 15000 120000...

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Question 1 D 2 C 3 A 4 C 5 B 6 D 7 C 8 A 9 B 10 B 11 C 12 C 13 C 14 D 15 A 16 C 17 D 18 C 19 C 20 C 21 Sales to outsiders 18000 Intersegment transfer 3000 Combined segment revenue 21000 x 10% 2100 D 22 Total Sales 376000 x .10% 37600 A 23 D 24 Revenue test Combined segment revenues 32750000 x .10% 3275000 Profit or Loss Test Total Segment profit 5800000 x .10% 580000 Asset Test Total Segment Aseets 67500000 x .10%
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Unformatted text preview: Answer D 25 D 26 B 27 60000 x 3/12 15000 120000 x 3/12 30000 45000 C 28 Income 100000 Extraordinary Loss-20000 Cumulative effect loss 16000 96000 C 29 1000000 x 3/12 250000 C 30 480000 x 3/12 120000 C 31 Property Tax Expense 120000 Prepaid Property Taxes 360000 Cash 480000 C...
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This note was uploaded on 06/06/2011 for the course ECON 007 taught by Professor Bub during the Spring '11 term at CUNY Queens.

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acc311.8 - Answer D 25 D 26 B 27 60000 x 3/12 15000 120000...

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