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Discuss Ferdinand Tönnies's Concepts of a Gemeinschaft and Gesellschaft

question 2

Essay

Discuss Ferdinand Tönnies's concepts of a gemeinschaft and gesellschaft.Define each concept and discuss how relationships are formed and social order is maintained in each type of social arrangement.

Account for the effect of investee's net income and dividends on investor's financial statements.
Calculate and account for the equity in investee income.
Determine the impact of intra-entity transactions on the investment account.
Prepare appropriate journal entries related to the equity method of accounting.

Definitions:

Events

Occurrences or happenings, especially significant ones, that take place in a specific time and setting.

Automatic Responses

Reactions that occur without conscious thought, often as a result of learned behaviors or instincts.

Predictor Of Happiness

A factor that is indicative or capable of forecasting the presence and level of an individual's happiness.

Affect Balance

The frequency of positive emotions minus the frequency of negative emotions

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