{"id":84110,"date":"2022-07-30T19:05:28","date_gmt":"2022-07-30T19:05:28","guid":{"rendered":"https:\/\/assignmenttutors.net\/blog\/accounting-exercises-accounting-homework-help\/"},"modified":"2022-07-30T19:05:28","modified_gmt":"2022-07-30T19:05:28","slug":"accounting-exercises-accounting-homework-help","status":"publish","type":"post","link":"https:\/\/assignmenttutors.net\/blog\/accounting-exercises-accounting-homework-help\/","title":{"rendered":"Accounting exercises | Accounting homework help"},"content":{"rendered":"
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ill<\/span><\/span>\u00a0in the dollar changes caused in the Investment account and Dividend Revenue or Investment Revenue account by each of the following transactions, assuming Crane Company uses (a) the fair value method and (b) the equity method for accounting for its investments in Hudson Company.\u00a0<\/span><\/span>(Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45). Do not leave any answer field blank. Enter 0 for amounts.)<\/span><\/span>
<\/span><\/span><\/p>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n<\/tr>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
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At the beginning of Year 1, Crane bought 25% of Hudson’s common stock at its book value. Total book value of all Hudson’s common stock was $850,000 on this date.<\/span><\/p>\n<\/div>\n<\/td>\n\n

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During Year 1, Hudson reported $54,000 of net income and paid $27,000 of dividends.<\/span><\/p>\n<\/div>\n<\/td>\n\n

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During Year 2, Hudson reported $31,500 of net income and paid $20,000 of dividends.<\/span><\/p>\n<\/div>\n<\/td>\n\n

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During Year 3, Hudson reported a net loss of $12,000 and paid $3,800 of dividends.<\/span><\/p>\n<\/div>\n<\/td>\n\n

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Indicate the Year 3 ending balance in the Investment account, and cumulative totals for Years 1, 2, and 3 for dividend revenue and investment revenue.<\/span><\/p>\n<\/div>\n<\/td>\n\n\n\n\n\n\n\n<\/tr>\n<\/tbody>\n<\/table>\n

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Exercise 122 (Part Level Submission)<\/span><\/p>\n

The following information is available for Irwin Company for 2018:<\/span><\/p>\n\n\n\n\n\n<\/tr>\n\n\n\n\n
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Realized gain on sale of available-for-sale debt securities<\/span><\/p>\n<\/div>\n<\/td>\n\n<\/tr>\n

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Unrealized holding gain arising during the period on available-for-sale debt securities<\/span><\/p>\n<\/div>\n<\/td>\n\n<\/tr>\n

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Reclassification adjustment for gains included in net income<\/span><\/p>\n<\/div>\n<\/td>\n\n<\/tr>\n

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(a)<\/span><\/p>\n

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Determine other comprehensive income for 2018.<\/span><\/p>\n\n\n\n
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Other comprehensive income<\/span><\/p>\n<\/div>\n<\/td>\n\n

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Exercise 123<\/span><\/p>\n

On January 2, 2018, Tylor Company issued a 4-year, $600,000 note at 8% fixed interest, interest payable semiannually. Tylor now wants to change the note to a variable rate note. As a result, on January 2, 2018, Tylor Company enters into an interest rate swap where it agrees to receive 8% fixed and pay LIBOR of 5.5% for the first 6 months on $600,000. At each 6-month period, the variable interest rate will be reset. The variable rate is reset to 6.6% on June 30, 2018.<\/span><\/p>\n

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Compute the net interest expense to be reported for this note and related swap transaction as of June 30, 2018.<\/span><\/p>\n\n\n\n\n\n\n
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Compute the net interest expense to be reported for this note and related swap transaction as of December 31, 2018.<\/span><\/p>\n\n\n\n\n\n
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Brief Exercise 17-2<\/span><\/span><\/p>\n

Pina Company purchased, on January 1, 2017, as an available-for-sale security, $65,000\u00a0of the\u00a08%,\u00a05-year bonds of Chester Corporation for $60,072, which provides\u00a0<\/span><\/span>an<\/span><\/span>\u00a010% return.<\/span><\/span>
<\/span><\/span>
<\/span><\/span>Prepare Pina\u2019s journal entries for (a) the purchase of the investment, (b) the receipt of annual interest and discount amortization, and (c) the year-end fair value adjustment. (Assume a zero balance in the Fair Value Adjustment account.) The bonds have a year-end fair value of $61,750.\u00a0<\/span><\/span>(Round answers to 0 decimal places, e.g. 1,225.<\/span><\/span>\u00a0Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select “No Entry” for the account titles and enter 0 for the amounts.)<\/span><\/span><\/p>\n

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Brief Exercise 17-5<\/span><\/span><\/p>\n

Bridgeport Corporation purchased\u00a0440\u00a0shares of Sherman Inc. common stock for $12,000 (Bridgeport does not have significant influence). During the year, Sherman paid a cash dividend of $3.25\u00a0per share. At year-end, Sherman stock was selling for $34.50\u00a0per share.<\/span><\/span>
<\/span><\/span>
<\/span><\/span>Prepare Bridgeport\u2019 journal entries to record (a) the purchase of the investment, (b) the dividends received, and (c) the fair value adjustment. (Assume a zero balance in the Fair Value Adjustment account.)\u00a0<\/span><\/span>(Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select “No Entry” for the account titles and enter 0 for the amounts.)<\/span><\/span><\/p>\n

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Brief Exercise 17-7<\/span><\/span><\/p>\n

Riverbed Corporation purchased for $270,000\u00a0a\u00a030% interest in Murphy, Inc. This investment enables Riverbed to exert significant influence over Murphy. During the year, Murphy earned net income of $188,000\u00a0and paid dividends of $66,000.<\/span><\/span>
<\/span><\/span>
<\/span><\/span>Prepare Riverbed\u2019s journal entries related to this investment.\u00a0<\/span><\/span>(Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select “No Entry” for the account titles and enter 0 for the amounts.)<\/span><\/span><\/p>\n

Brief Exercise 17-11<\/span><\/span><\/p>\n

Sage Company invests $10,300,000 in 5% fixed rate corporate bonds on January 1, 2017. All the bonds are classified as available-for-sale and are purchased at par. At year-end, market interest rates have declined, and the fair value of the bonds is now $10,790,000. Interest is paid on January 1.<\/span><\/span>
<\/span><\/span>
<\/span><\/span>Prepare journal entries for Sage Company to (a) record the transactions related to these bonds in 2017, assuming Sage does not elect the fair option; and (b) record the transactions related to these bonds in 2017, assuming that Sage Company elects the fair value option to account for these bonds.\u00a0<\/span><\/span>(Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select “No Entry” for the account titles and enter 0 for the amounts.)<\/span><\/span><\/p>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
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Account Titles and Explanation<\/span><\/p>\n<\/div>\n<\/td>\n\n<\/tr>\n

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(To record interest revenue)<\/span><\/p>\n<\/div>\n<\/td>\n\n<\/tr>\n

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\"\"\/\"\"\/<\/p>\n<\/div>\n<\/td>\n<\/tr>\n

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(To record fair value adjustment)<\/span><\/p>\n<\/div>\n<\/td>\n\n<\/tr>\n<\/tbody>\n<\/table>\n

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Account Titles and Explanation<\/span><\/p>\n<\/div>\n<\/td>\n

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(To record interest revenue)<\/span><\/p>\n<\/div>\n<\/td>\n

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(To record fair value adjustment)<\/span><\/p>\n<\/div>\n<\/td>\n

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Click if you would like to Show Work for this question:<\/span><\/p>\n<\/div>\n<\/td>\n

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Brief Exercise 17-13<\/span><\/span><\/p>\n

Presented below are two independent cases related to available-for-sale debt investments.<\/span><\/span><\/p>\n\n\n\n\n\n\n\n<\/tr>\n\n\n\n\n\n<\/tr>\n\n\n\n\n\n<\/tr>\n\n\n\n\n\n<\/tr>\n<\/tbody>\n<\/table>\n


<\/span><\/span>For each case, determine the amount of impairment loss, if any.\u00a0<\/span><\/span>(If no loss, please enter 0. Do not leave any fields blank.)<\/span><\/span><\/p>\n

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Click if you would like to Show Work for this question:<\/span><\/p>\n<\/div>\n<\/td>\n

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Exercise 17-3 (Part Level Submission)<\/span><\/p>\n

On January 1, 2017, Whispering Company purchased\u00a010% bonds having a maturity value of $340,000, for $367,149.34. The bonds provide the bondholders with\u00a0<\/span>a<\/span>\u00a08% yield. They are dated January 1, 2017, and mature January 1, 2022, with interest receivable January 1 of each year. Whispering Company uses the effective-interest method to allocate unamortized discount or premium. The bonds are classified in the held-to-maturity category.<\/span><\/p>\n

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(a)<\/span><\/p>\n

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Prepare the journal entry at the date of the bond purchase.\u00a0<\/span>(Enter answers to 2 decimal places, e.g. 2,525.25.<\/span>\u00a0<\/span>Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select “No Entry” for the account titles and enter 0 for the amounts.)<\/span><\/p>\n\n\n\n\n\n\n\n\n\n
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Account Titles and Explanation<\/span><\/p>\n<\/div>\n<\/td>\n\n<\/tr>\n

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Click if you would like to Show Work for this question:<\/span><\/p>\n<\/div>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

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\u00a0<\/span><\/p>\n<\/div>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

\u00a0<\/span><\/p>\n<\/div>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

\u00a0<\/span><\/p>\n<\/div>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

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Exercise 17-9 (Part Level Submission)<\/span><\/p>\n

At December 31, 2017, the available-for-sale debt portfolio for Grouper, Inc. is as follows.<\/span><\/p>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n<\/tr>\n\n\n\n\n\n\n\n\n<\/tr>\n\n\n\n\n\n\n\n\n<\/tr>\n\n\n\n\n\n\n\n\n<\/tr>\n\n\n
<\/tr>\n
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Previous fair value adjustment balance\u2014Dr.<\/span><\/p>\n<\/div>\n<\/td>\n\n\n<\/tr>\n

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Fair value adjustment\u2014Dr.<\/span><\/p>\n<\/div>\n<\/td>\n\n\n<\/tr>\n<\/tbody>\n<\/table>\n


<\/span>On January 20, 2018, Grouper, Inc. sold security A for $17,365. The sale proceeds are net of brokerage fees.<\/span><\/p>\n

\u00a0<\/span><\/p>\n<\/div>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

\u00a0<\/span><\/p>\n<\/div>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

\u00a0<\/span><\/p>\n<\/div>\n<\/td>\n

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\"\"\/<\/p>\n<\/div>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

\u00a0<\/span><\/p>\n\n\n\n
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\"\"\/<\/p>\n<\/div>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

\u00a0<\/span><\/p>\n\n\n\n
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\"\"\/<\/p>\n<\/div>\n<\/td>\n

\n
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\u00a0<\/p>\n

\"\"\/<\/p>\n

(a)<\/span><\/p>\n

\u00a0<\/p>\n

Prepare the adjusting entry at December 31, 2017, to report the portfolio at fair value.\u00a0<\/span>(Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select “No Entry” for the account titles and enter 0 for the amounts.)<\/span><\/p>\n

\u00a0<\/span><\/p>\n<\/div>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

\u00a0<\/span><\/p>\n<\/div>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

\u00a0<\/span><\/p>\n<\/div>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

\u00a0<\/span><\/p>\n

Exercise 17-12<\/span><\/span><\/p>\n

The following are two independent situations.<\/span><\/span>
<\/span><\/span>
<\/span><\/span>Situation 1<\/span><\/span>
<\/span><\/span>Riverbed Cosmetics acquired 10% of the\u00a0196,000\u00a0shares of common stock of Martinez Fashion at a total cost of $12\u00a0per share on March 18, 2017. On June 30, Martinez declared and paid $69,400\u00a0cash dividend to all stockholders. On December 31, Martinez reported net income of $116,600\u00a0for the year. At December 31, the market price of Martinez Fashion was $13\u00a0per share.<\/span><\/span>
<\/span><\/span>
<\/span><\/span>Situation 2<\/span><\/span>
<\/span><\/span>Marin, Inc. obtained significant influence over Seles Corporation by buying\u00a030% of Seles\u2019s\u00a031,000\u00a0outstanding shares of common stock at a total cost of $8\u00a0per share on January 1, 2017. On June 15, Seles declared and paid cash dividends of $38,400. On December 31, Seles reported a net income of $92,500\u00a0for the year.<\/span><\/span>
<\/span><\/span>
<\/span><\/span>Prepare all necessary journal entries in 2017 for both situations.\u00a0<\/span><\/span>(Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select “No Entry” for the account titles and enter 0 for the amounts.)<\/span><\/span><\/p>\n

\u00a0<\/span><\/p>\n\n\n\n
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\"\"\/<\/p>\n<\/div>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

\u00a0<\/span><\/p>\n\n\n\n
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\"\"\/<\/p>\n<\/div>\n<\/td>\n\n

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\"\"\/<\/p>\n<\/div>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

\u00a0<\/span><\/p>\n\n\n\n
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\"\"\/<\/p>\n<\/div>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

\u00a0<\/span><\/p>\n\n\n\n
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\"\"\/<\/p>\n<\/div>\n<\/td>\n

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What is the new cost basis of the municipal bonds?<\/span><\/p>\n\n\n\n
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New cost basis of the municipal bonds<\/span><\/p>\n<\/div>\n<\/td>\n\n

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$<\/span><\/p>\n

\"\"\/\"\"\/<\/p>\n<\/div>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n


<\/span>Given that the maturity value of the bonds is $791,000, should\u00a0<\/span>Swifty<\/span>\u00a0Corporation amortize the difference between the carrying amount and the maturity value over the life of the bonds?<\/span><\/p>\n

\"\"\/\"\"\/<\/p>\n

\u00a0<\/span><\/p>\n

\u00a0<\/span><\/p>\n<\/div>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

\u00a0<\/span><\/p>\n<\/div>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

\u00a0<\/span><\/p>\n<\/div>\n<\/td>\n

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\"\"\/<\/p>\n<\/div>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

\u00a0<\/span><\/p>\n\n\n\n
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\"\"\/<\/p>\n<\/div>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

\u00a0<\/span><\/p>\n\n\n\n
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\"\"\/<\/p>\n<\/div>\n<\/td>\n

\n
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At December 31, 2018, the fair value of the municipal bonds is $749,000. Prepare the entry (if any) to record this information.\u00a0<\/span>(Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select “No Entry” for the account titles and enter 0 for the amounts.)<\/span><\/p>\n

\u00a0<\/span><\/p>\n<\/div>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

\u00a0<\/span><\/p>\n<\/div>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

\u00a0<\/span><\/p>\n<\/div>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

Exercise 17-27<\/span><\/span><\/p>\n

On August 15, 2016, Windsor Co. invested idle cash by purchasing a call option on Counting Crows Inc. common shares for $792. The notional value of the call option is\u00a0880\u00a0shares, and the option price is $88. The option expires on January 31, 2017. The following data are available with respect to the call option.<\/span><\/span><\/p>\n\n\n\n\n\n\n\n\n\n\n<\/tr>\n\n\n\n\n\n<\/tr>\n\n\n\n\n\n<\/tr>\n<\/tbody>\n<\/table>\n


<\/span><\/span>Prepare the journal entries for Windsor for the following dates.<\/span><\/span><\/p>\n

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\n

Market Price of Counting<\/span>
<\/span>Crows Shares<\/span><\/p>\n<\/div>\n<\/td>\n\n<\/tr>\n

\n\n\n\n\n\n\n\n\n\n\n\n\n\n
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Investment in call option on Counting Crows shares on August 15, 2016.<\/span><\/p>\n<\/div>\n<\/td>\n<\/tr>\n

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\n

September 30, 2016\u2014Windsor prepares financial statements.<\/span><\/p>\n<\/div>\n<\/td>\n<\/tr>\n

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\n

December 31, 2016\u2014Windsor prepares financial statements.<\/span><\/p>\n<\/div>\n<\/td>\n<\/tr>\n

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\n

January 15, 2017\u2014Windsor settles the call option on the Counting Crows shares.<\/span><\/p>\n<\/div>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n


<\/span><\/span>(Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select “No Entry” for the account titles and enter 0 for the amounts.)<\/span><\/span><\/p>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
\n
\n

Account Titles and Explanation<\/span><\/p>\n<\/div>\n<\/td>\n\n

<\/tr>\n
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\"\"\/\"\"\/<\/p>\n<\/div>\n<\/td>\n

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\"\"\/\"\"\/<\/p>\n<\/div>\n<\/td>\n

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\"\"\/\"\"\/<\/p>\n<\/div>\n<\/td>\n

\n
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\"\"\/\"\"\/<\/p>\n<\/div>\n<\/td>\n<\/tr>\n

\n
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\"\"\/\"\"\/<\/p>\n<\/div>\n<\/td>\n

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\"\"\/\"\"\/<\/p>\n<\/div>\n<\/td>\n

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\"\"\/\"\"\/<\/p>\n<\/div>\n<\/td>\n<\/tr>\n

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\"\"\/\"\"\/<\/p>\n<\/div>\n<\/td>\n

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\"\"\/\"\"\/<\/p>\n<\/div>\n<\/td>\n

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\"\"\/\"\"\/<\/p>\n<\/div>\n<\/td>\n

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\"\"\/\"\"\/<\/p>\n<\/div>\n<\/td>\n<\/tr>\n

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\"\"\/\"\"\/<\/p>\n<\/div>\n<\/td>\n

\n
\n

\"\"\/\"\"\/<\/p>\n<\/div>\n<\/td>\n

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\"\"\/\"\"\/<\/p>\n<\/div>\n<\/td>\n<\/tr>\n

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(To record the change in intrinsic value.)<\/span><\/p>\n<\/div>\n<\/td>\n\n

<\/tr>\n
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\"\"\/\"\"\/<\/p>\n<\/div>\n<\/td>\n

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\"\"\/\"\"\/<\/p>\n<\/div>\n<\/td>\n

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\"\"\/\"\"\/<\/p>\n<\/div>\n<\/td>\n<\/tr>\n

\n
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\"\"\/\"\"\/<\/p>\n<\/div>\n<\/td>\n

\n
\n

\"\"\/\"\"\/<\/p>\n<\/div>\n<\/td>\n

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\"\"\/\"\"\/<\/p>\n<\/div>\n<\/td>\n<\/tr>\n

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(To record the time value change.)<\/span><\/p>\n<\/div>\n<\/td>\n\n

<\/tr>\n
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\"\"\/\"\"\/<\/p>\n<\/div>\n<\/td>\n

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\"\"\/\"\"\/<\/p>\n<\/div>\n<\/td>\n

\n
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\"\"\/\"\"\/<\/p>\n<\/div>\n<\/td>\n

\n
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\"\"\/\"\"\/<\/p>\n<\/div>\n<\/td>\n<\/tr>\n

\n
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\"\"\/\"\"\/<\/p>\n<\/div>\n<\/td>\n

\n
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\"\"\/\"\"\/<\/p>\n<\/div>\n<\/td>\n

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\"\"\/\"\"\/<\/p>\n<\/div>\n<\/td>\n<\/tr>\n

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\n

(To record the change in intrinsic value.)<\/span><\/p>\n<\/div>\n<\/td>\n\n

<\/tr>\n
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\"\"\/\"\"\/<\/p>\n<\/div>\n<\/td>\n

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\"\"\/\"\"\/<\/p>\n<\/div>\n<\/td>\n

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\"\"\/\"\"\/<\/p>\n<\/div>\n<\/td>\n<\/tr>\n

\n
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\"\"\/\"\"\/<\/p>\n<\/div>\n<\/td>\n

\n
\n

\"\"\/\"\"\/<\/p>\n<\/div>\n<\/td>\n

\n
\n

\"\"\/\"\"\/<\/p>\n<\/div>\n<\/td>\n<\/tr>\n

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\n

(To record the time value change.)<\/span><\/p>\n<\/div>\n<\/td>\n\n

<\/tr>\n
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\"\"\/\"\"\/<\/p>\n<\/div>\n<\/td>\n

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\"\"\/\"\"\/<\/p>\n<\/div>\n<\/td>\n

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\"\"\/\"\"\/<\/p>\n<\/div>\n<\/td>\n

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\"\"\/\"\"\/<\/p>\n<\/div>\n<\/td>\n<\/tr>\n

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\"\"\/\"\"\/<\/p>\n<\/div>\n<\/td>\n

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\"\"\/\"\"\/<\/p>\n<\/div>\n<\/td>\n

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\"\"\/\"\"\/<\/p>\n<\/div>\n<\/td>\n<\/tr>\n

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\n

(To record the time value change.)<\/span><\/p>\n<\/div>\n<\/td>\n\n

<\/tr>\n
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\"\"\/\"\"\/<\/p>\n<\/div>\n<\/td>\n

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\"\"\/\"\"\/<\/p>\n<\/div>\n<\/td>\n

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\"\"\/\"\"\/<\/p>\n<\/div>\n<\/td>\n<\/tr>\n

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\"\"\/\"\"\/<\/p>\n<\/div>\n<\/td>\n

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\"\"\/\"\"\/<\/p>\n<\/div>\n<\/td>\n

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\"\"\/\"\"\/<\/p>\n<\/div>\n<\/td>\n<\/tr>\n

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\"\"\/\"\"\/<\/p>\n<\/div>\n<\/td>\n

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\"\"\/\"\"\/<\/p>\n<\/div>\n<\/td>\n

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\"\"\/\"\"\/<\/p>\n<\/div>\n<\/td>\n<\/tr>\n

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\n

(To record settlement of call option.)<\/span><\/p>\n<\/div>\n<\/td>\n\n

<\/tr>\n
\n
\n

Click if you would like to Show Work for this question:<\/span><\/p>\n<\/div>\n<\/td>\n

<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

ill\u00a0in the dollar changes caused in the Investment account and Dividend Revenue or Investment Revenue account by each of the following transactions, assuming Crane Company uses (a) the fair value method and (b) the equity method for accounting for its investments in Hudson Company.\u00a0(Enter negative amounts using either a negative sign preceding the number e.g. […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[16],"tags":[],"class_list":["post-84110","post","type-post","status-publish","format-standard","hentry","category-education"],"_links":{"self":[{"href":"https:\/\/assignmenttutors.net\/blog\/wp-json\/wp\/v2\/posts\/84110","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/assignmenttutors.net\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/assignmenttutors.net\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/assignmenttutors.net\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/assignmenttutors.net\/blog\/wp-json\/wp\/v2\/comments?post=84110"}],"version-history":[{"count":0,"href":"https:\/\/assignmenttutors.net\/blog\/wp-json\/wp\/v2\/posts\/84110\/revisions"}],"wp:attachment":[{"href":"https:\/\/assignmenttutors.net\/blog\/wp-json\/wp\/v2\/media?parent=84110"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/assignmenttutors.net\/blog\/wp-json\/wp\/v2\/categories?post=84110"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/assignmenttutors.net\/blog\/wp-json\/wp\/v2\/tags?post=84110"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}