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Lesson 2: Reporting Intercorporate Investments and Consolidation of Wholly Owned Subsidiaries with

Advanced Study Guide: Chapter 2

This page includes additional study materials for Chapter 2, including the accompanying PowerPoint presentation and advanced study guide materials on specific concepts, along with the associated textbook page number.

 

Chapter 2 PowerPoint Presentation Presentation

Christensen_13e_Chap02_PPT_Accessible.pptx

 

Chapter 2 Advanced Study Guide for Chrome or Edge Browsers

Select the following links if you are utilizing Chrome or Edge as your default browser. Material is listed by course learning objective (see Lesson 2 Introduction).

LO 2.2 prepare journal entries for investments carried at fair value method;
LO 2.3 prepare journal entries for investments using the equity method;

E2-6 Investment Income (p. 84)
E2-17A Other Comprehensive Income Reported by Investee (p. 87)

LO 2.2 prepare journal entries for investments carried at fair value method;
LO 2.4 explain differences in accounting for investments carried at fair value and investments accounted for using the equity method;

P2-19 Investments Carried at Fair Value and Equity Method (p. 88)

LO 2.3 prepare journal entries for investments using the equity method;
LO 2.5 calculate and prepare basic consolidation entries for a simple consolidation;
LO 2.6 prepare a consolidated worksheet;

P2-21 Consolidated Worksheet at End of the First Year of Ownership (Equity Method) (p. 89)
P2-22 Consolidated Worksheet at End of the Second Year of Ownership (Equity Method) (p. 89)

LO 2.5 calculate and prepare basic consolidation entries for a simple consolidation;

Accounting for Intercorporate Investments (p. 54)

LO 2.6 prepare a consolidated worksheet;

Overview of the Consolidation Process (p. 55)
Consolidation Worksheet - Initial Year of Ownership (p. 66)
Consolidation Worksheet - Second Year of Ownership (p. 70)

Optional

Appendix 2B: Consolidation and the Cost Method (p. 76)

 

Chapter 2 Advanced Study Guide for Firefox Browsers

Select the following links if you are utilizing Firefox as your default browser. If the audio of the selected presentation does not start, please restart the presentation from the beginning. Material is listed by course learning objective (see Lesson 2 Introduction).

LO 2.2 prepare journal entries for investments carried at fair value method;
LO 2.3 prepare journal entries for investments using the equity method;

E2-6 Investment Income (p. 84)
E2-17A Other Comprehensive Income Reported by Investee (p. 87)

LO 2.2 prepare journal entries for investments carried at fair value method;
LO 2.4 explain differences in accounting for investments carried at fair value and investments accounted for using the equity method;

P2-19 Investments Carried at Fair Value and Equity Method (p. 88)


LO 2.3 prepare journal entries for investments using the equity method;
LO 2.5 calculate and prepare basic consolidation entries for a simple consolidation;
LO 2.6 prepare a consolidated worksheet;

P2-21 Consolidated Worksheet at End of the First Year of Ownership (Equity Method) (p. 89)
P2-22 Consolidated Worksheet at End of the Second Year of Ownership (Equity Method) (p. 89)

LO 2.5 calculate and prepare basic consolidation entries for a simple consolidation;

Accounting for Intercorporate Investments (p. 54)

LO 2.6 prepare a consolidated worksheet;

Overview of the Consolidation Process (p. 55)
Consolidation Worksheet - Initial Year of Ownership (p. 66)
Consolidation Worksheet - Second Year of Ownership (p. 70)

Optional

Appendix 2B: Consolidation and the Cost Method (p. 76)

 


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