Affiliate Marketing Secrets

A corporation uses the equity method to account for its 40% ownership of another company. The investee earned $20,000 and paid $5,000 in dividends. The investor made the following entries:
D Investment in affiliate 8K
C Equity in earning of affiliate 8K
D Cash 2K
C Dividend revenue 2K
What effect will these entries have on the investor’s statement of financial position?
A. Investment in affiliate overstated, retained earnings understated
B Financial position will be fairly stated.
C Investment in affiliate overstated, retained earning overstated.
D Investment in affiliate understated, retained earning understated.

A corporation uses the equity method to account for its 40% ownership of another company. The investee earned $20,000 and paid $5,000 in dividends. The investor made the following entries:
D Investment in affiliate 8K
C Equity in earning of affiliate 8K
D Cash 2K
C Dividend revenue 2K
What effect will these entries have on the investor’s statement of financial position?
A. Investment in affiliate overstated, retained earnings understated
B Financial position will be fairly stated.
C Investment in affiliate overstated, retained earning overstated.
D Investment in affiliate understated, retained earning understated.

1. In order to save time and reduce paperwork, Mr.X keeps only one set of records, combining his personal and business records. Accounting assumption or convention violated?
2.Because management wants to make a good impression upon the corporation’s stockholders, management has decided to list the land on the balance sheet at its current market value which is twice as much as the corporation paid for the land when it was purchased five years ago.
Accounting assumption or convention violated?
3.A lawsuit has been filed against the company seeking $50 million in damages for customer injuries. Because management is concerned that news of the lawsuit would depress the price of the company’s stock, they have decided to keep the lawsuit a secret from their stockholders.
Accounting assumption or convention violated?

Hello, i am a CAT (Certified Accounting Technician) Student in karachi, pakistan. i will take my remaining 4 papers of CAT in December session this year. I want to ask the average salary or pay of a CAT affiliate in U.K. and U.S.A. and how much can an ACCA student earn there in both countries.
In Case U.K.
i also want to study in U.K. so want to know will i have enough money to for my studies in U.K., My personal expenses there, and some savings too.
I KNOW THERE ARE NOT ENOUGH OPPORTUNITIES FOR ACCA STUDIES IN U.S SO I WILL PREFER U.K.
WAITING FOR RESPONSE. SPECIALLY FROM A U.K. RESIDENT.
THANKS IN ADVANCE.

I am currently going to a private university and soon will be graduating with a double major in Business and Economics. I am also involved in two student organizations (Economics Association & Accounting Association). My only concerns are that I have a small burn scar on my hand from cooking which some people associate with gang relations especially because I am Hispanic, but I am not gang affiliated at all. I also only have G.E.D. due to family adversity during high school.
Do I have any chance for success or am I destined to fail via corporate politics?
Also, should I inform my prospective employers about the scar and my G.E.D during the interview?
Will honesty “be on my side”?