【单选题】TRANSFER: To transfer from one training program to another, you must notify The Grantsmanship Center at least five working days before the original program. There is a $50 fee per transfer, and no mor...
【单选题】An intra-entity transfer took place whereby the book value exceeded the transfer price of a depreciable asset. Which statement is true for the year after the year of transfer?
A.
A worksheet entry is made with a debit to retained earnings for an upstream transfer.
B.
A worksheet entry is made with a credit to retained earnings for an upstream transfer.
C.
A worksheet entry is made with a debit to retained earnings for a downstream transfer.
D.
A worksheet entry is made with a debit to investment in subsidiary for a downstream transfer.