Questions

Politan Company acquired an 80 percent interest in Soludan Company on January 1, 2012. Any portion of Soludan’s business fair […]

Smith has gone through bankruptcy and is ready to emerge as a reorganized entity on December 31, 2013. On this

Bracy Company acquired a new piece of construction equipment on January 1, 2013, at a cost of $100,000. The equipment

Ramshare Company acquired equipment at the beginning of 2013 at a cost of $100,000. The equipment has a five-year life

Quantacc Ltd. began operations on January 1, 2011, and uses IFRS to prepare its consolidated financial statements. Although not required

Grete Corp. had the following foreign currency transactions during 2013: • Purchased merchandise from a foreign supplier on January 20,

Help & Save is a private not-for-profit organization that operates in Kansas. Swim For Safety is a private not-for-profit organization

Many companies make annual reports available on their corporate Internet home page. Annual reports also can be accessed through the

Wilson Center is a private not-for-profit voluntary health and welfare organization. During 2013, it received unrestricted pledges of $600,000, 60

Caplan Pharma, Inc., recently was sued by a competitor for possible infringement of the competitor’s patent on a top-selling flu