Security is the responsibility of all those who come into contact with the system and is only as good as the most lax behavior or policy in the organization

On January 1, 2014, Parry Incorporated paid $72,000 cash for 80% of Samuel Company's common stock. At that time Samuel had $40,000 capital stock and $30,000 retained earnings. The book values of Samuel's assets and liabilities were equal to fair values,

and any excess amount is allocated to goodwill. Samuel reported net income of $18,000 during 2014 and declared $5,000 of dividends on December 31, 2014. At the time the dividends were declared, Parry recorded a receivable for the amount they expected to receive the following month. A summary of the balance sheets of Parry and Samuel are shown below. Required: Complete the consolidated balance sheet working papers for Parry Corporation and Subsidiary at December 31, 2014. What will be an ideal response?

The policing of fraudulent advertising is entrusted to which of the following administrative agencies?

A)IRS? B) FTC C) UCCC D) FDA