On January 1,2007,Servant Company Purchased a Machine with an Expected

question 11

Multiple Choice

On January 1,2007,Servant Company purchased a machine with an expected economic life of five years.On January 1,2009,Servant sold the machine to Master Corporation and recorded the following entry:
Master Corporation holds 75 percent of Servant's voting shares.Servant reported net income of $50,000,and Master reported income from its own operations of $100,000 for 2009.There is no change in the estimated economic life of the equipment as a result of the intercorporate transfer.

-Based on the preceding information,in the preparation of the 2009 consolidated balance sheet,machine will be:

• A)debited for $1,000.
• B)debited for $15,000.
• C)credited for $45,000.
• D)debited for $25,000.

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Definitions:

Motivation

is the psychological process that stimulates action or behavior towards achieving a specific goal or objective.

Job Crafting

The process by which employees redesign their own job to better fit their skills and interests.

Increases

Refers to a growth or rise in a particular metric, value, or quantity, often used in the context of business, economics, or statistical data.

Work Design Characteristics

Features of a job that affect the manner in which its tasks and responsibilities are structured.