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Posted: June 15th, 2022
Northern State ACCT 480 ACCT 480.5.2.16.xlsx Stock Corporation and Subsidia
ACCT 480.5.2.16.xlsxStock Corporation and Subsidia Consolidation Working Paper Stork Swamp Earnings Assertion gross sales Fairness earnings in Swamp Different Earnings Value of Gross sales Different Bills Separate firm web earnings Consolidated Web earnings Noncontrolling curiosity share Stark’s curiosity in consolidated earnings $ $ $ $ $ $ (60,000.00) 5,200.00 (800.00) 26,000.00 28,400.00 (11,600.00) $ (14,000.00) Retained earnings 1/1 Add: Web earnings Dividends paid Retained Earnings 12/31 BALANCE SHEET money Receivables Inventories Gear – web Land Funding in Swamp $ $ $ $ $ $ $ $ $ $ (9,500.00) (11,600.00) 7,000.00 (14,100.00) 6,000.00 7,000.00 10,000.00 24,000.00 four,000.00 20,100.00 $ (5,000.00) $ (6,000.00) $ 2,000.00 $ (9,000.00) $ three,000.00 $ four,000.00 $ four,500.00 $ 9,000.00 $ three,500.00 Complete Belongings Liab & Fairness Accounts payable Capital Stock Retained Earnings Nontrolling Curiosity in Swamp $ $ $ $ 71,100.00 (7,000.00) (50,000.00) (14,100.00) $ $ $ $ Complete Liabilities and Fairness $ (71,100.00) $ (24,000.00) $ four,400.00 $ three,600.00 $ (6,000.00) 24,000.00 (5,000.00) (10,000.00) (9,000.00) Eliminations Debit CreditStock Corporation and Subsidiary Consolidation Working Papers 31-Dec-05 Noncontrolling Int. Steadiness Sheet
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