Belzer Co Owns 70% of Sabo Ltd

question 40

Multiple Choice

Belzer Co. owns 70% of Sabo Ltd. At the beginning of 20X7, Sabo sold a piece of equipment to Belzer for a gain of $35,000. At that time, the equipment had an estimated useful life of seven years.
-Ten years later, Belzer is still using the equipment. In preparing its consolidated financial statements, Belzer should credit the equipment account by $35,000. What account(s) should be debited in this journal entry?

• A)Opening consolidated retained earnings by $35,000
• B)Opening consolidated retained earnings by $24,500 and NCI by $10,500
• C)Depreciation expense by $35,000
• D)Accumulated depreciation by $35,000

Explain theories related to the functions and meanings of dreams.

Discuss the impact of psychoactive drugs on sleep and dream experiences.

Understand the relationship between sleep states and emotion, specifically fear and REM sleep.

Comprehend Freud's theory on why people dream and the distinction between manifest and latent content.

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Definitions:

Kindergarten

A preschool educational approach that emphasizes play, physical activity, creativity, and socialization to foster children's growth and development.

Psychosexual Feelings

Emotions and attachments related to the erotic desire and experiences as conceptualized in psychoanalytic theory.

Repressed

Refers to thoughts or feelings that have been unconsciously blocked from conscious awareness, often due to being perceived as unacceptable or threatening.

Oedipus

A concept in psychoanalytic theory referring to a child's unconscious sexual desire for the opposite-sex parent and jealousy toward the same-sex parent.