Pancake Corporation Owns 85 Percent of Syrup Corporation's Voting Shares

question 35

Multiple Choice

Pancake Corporation owns 85 percent of Syrup Corporation's voting shares.On January 1,20X8,Pancake Corporation sold $200,000 par value 8 percent bonds to Syrup for $245,000.The bonds mature in 10 years and pay interest semiannually on January 1 and July 1.
-Based on the information given above,in the preparation of the 20X8 consolidated financial statements,interest income will be:

• A)debited for $11,500 in the consolidating entries.
• B)credited for $11,500 in the consolidating entries.
• C)debited for $16,000 in the consolidating entries.
• D)credited for $16,000 in the consolidating entries.

Utilize informatics and technology effectively in nursing practice.

Prepare appropriate documentation for patient hand-offs and discharge planning.

Understand the correct steps to take after receiving a medication telephone order for a patient.

Recognize the purposes of completing an incident/occurrence report in a healthcare setting.

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Definitions:

Macrophages

A type of phagocytic cell found in the liver, spleen, lungs, bone marrow, and connective tissue. Macrophages play several roles in humoral and cell-mediated immunity, including presenting the antigens to the lymphocytes involved in these defenses; also known as monocytes while in the bloodstream.

Hepatocytes

The cells within the lobules of the liver. Hepatocytes process nutrients in the blood and make bile.

Pepsinogen

An inactive precursor of pepsin, an enzyme produced in the stomach that plays a crucial role in the digestive process by breaking down proteins.

Pepsin

An enzyme that allows the body to digest proteins.