Complete the following matrix by writing a brief explanation in each cell to indicate the appropriate approach for long-term investments.
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Q77: On January 1,2019,Turtle Inc.bought 30% of the
Q78: When is the equity method not used
Q79: JDR Company purchased 40% of the common
Q80: Fun with Florals Corporation acquired all the
Q81: On January 1,2019,as a long-term investment,John Company
Q83: A.Discuss the similarities of accounting for available-for-sale
Q84: On January 1,2019,Heitzman Company purchased the following
Q85: Trent Corp.purchased $1,000,000 of bonds at 96
Q86: On January 1,2019,Presto Corporation purchased,as a long-term
Q87: Trent Corp.purchased $1,000,000 of bonds at 96
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