超星 - Assignment 8

单选题

Marathon Corporation owns 500 shares of Mini Company's common stock. Mini Company has 100,000 shares of common stock outstanding. Marathon Corporation is the and Mini Company is the .

A.investee; investor
B.investor; investee
C.parent company; subsidiary company
D.controlling company; noncontrolling company

查看答案

单选题

On January 1, 2014, Winston Company purchased 6% bonds with a face value of $50,000 for par. Winston Company intends to hold the bonds until maturity. Interest is payable semiannually on July 1 and January 1. The company's fiscal year ends on December 31. The journal entry on July 1, 2014 is:

A.debit Cash $3,000 and credit Interest Revenue $3,000.
B.debit Cash $1,500 and credit Interest Revenue for $1,500.
C.debit Cash $1,500 and credit Interest Receivable for $3,000.
D.debit Cash $3,000 and credit Interest Receivable for $3,000.

查看答案

Marathon Corporation owns 500 shares of Mini Company's common stock. Mini Company has 100,000 shares of common stock outstanding. Marathon Corporation is the ________ and Mini Company is the ________.

On January 1, 2014, Winston Company purchased 6% bonds with a face value of $50,000 for par. Winston Company intends to hold the bonds until maturity. Interest is payable semiannually on July 1 and January 1. The company's fiscal year ends on December 31. The journal entry on July 1, 2014 is:

Marathon Corporation owns 500 shares of Mini Company's common stock. Mini Company has 100,000 shares of common stock outstanding. Marathon Corporation is the and Mini Company is the .