Explain Why Offspring Are Usually Intermediate Between Their Parents Even

question 63

Essay

Explain why offspring are usually intermediate between their parents even though blending inheritance is not true.

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Definitions:

Equipment Account

An account on the balance sheet representing the cost of equipment owned by a company, less accumulated depreciation.

Unamortized Patent

The portion of a patent's purchase cost that has not yet been expensed through amortization in the income statement.

Consolidation

The process of combining financial statements of separate subsidiaries, divisions or entities within an organization into a single, comprehensive financial statement.

Buildings Account

An account in the financial statements that represents the value of a company's buildings as assets.