advance accounting 2

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Across
  1. 6. advantages of benefits arising from a business combination
  2. 7. difference between cost and complete equity method is complete equity method records...
  3. 9. in preparing consolidated statements,acquisition of an affiliate's outstanding bonds from outsiders is considered a constructive ...
  4. 12. there are..elimination journals in the year subsequent to acquisition of bonds
  5. 17. journal entries for consolidated workpaper purpose only
  6. 18. complete equity method uses ...account to record last year's adjustment on income
  7. 19. If the preferred stock is ...and nonparticipating, the current year’s income assigned to the preferred stockholders is the current year’s dividend requirement
  8. 20. if P owns 80% of S1 and S1 has 50% of S2, P is indirectly having...of S2
  9. 21. difference between cost of new shares equals to book value of equity acquired when shares are purchased...
  10. 25. was called as minority
  11. 26. type of indirect ownership where the parent has ownership interest in a subsidiary that owns a controlling interest in a third firm
  12. 28. depreciation adjustment to recognize gain is called realization through ....
  13. 30. one of consolidation methods
  14. 33. consolidation recording method which is not in our learning scope
  15. 34. one of structures in indirect holdings is called...affiliates
  16. 35. if book value of bonds less than purchase price
Down
  1. 1. A+B=A
  2. 2. account to record inventory profit which has not been sold
  3. 3. premium or discount should be...when company pays interest
  4. 4. transaction among parent and subsidiaries
  5. 5. arrangement entered into by two or more parties to accomplish a single purpose for mutual benefits
  6. 8. investments that enable the investor to control or significantly influence the decisions of an investee not directly owned through an investee that is directly owned
  7. 10. sales from subsidiary to parent
  8. 11. is needed when control is achieved
  9. 13. sometimes called as reduced eps
  10. 14. dividends declared by subsidiary in excess of its cumulative earnings since acquisition
  11. 15. journal to adjust cost method to complete equity method
  12. 16. ability of an entity to direct policies of other entity
  13. 22. sometimes called as-if statements
  14. 23. a company that controls other companies
  15. 24. when the amount of FV net assets exceeds total acquisition cost
  16. 27. excess of acquisition cost over FV net asset
  17. 29. taxes resulting from temporary differences between taxable income and income under IFRS
  18. 31. right to buy or sell something at a specified price
  19. 32. when a group of employees and 3rd party investors create new company to acquire all outstanding common share of their employer company