If Goehler Applies the Partial Equity Method in Accounting for Kenneth

question 19

Multiple Choice

If Goehler applies the partial equity method in accounting for Kenneth, what is the consolidated balance for the Equipment account as of December 31, 2018?

• A) $1,080,000.
• B) $1,104,000.
• C) $1,100,000.
• D) $1,468,000.
• E) $1,475,000.

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Definitions:

Mesentery

Double layer of peritoneum extending from the abdominal wall to the abdominal viscera, conveying to it its vessels and nerves.

Lactase

An enzyme produced in the small intestine that breaks down lactose, a sugar found in milk, into glucose and galactose.

Small Intestine

The segment of the digestive system located between the stomach and the large intestine, responsible for the majority of nutrient digestion and absorption.

Lactase

An enzyme that helps in the digestion of lactose, a sugar found in milk and dairy products.