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1 No Transaction 1 Retained earnings Cost of goods sold 2 2 Equipment Accounts Investment in Sledge Accumulated depreciation-Equipment 3 3 Common stock Retained
1 No Transaction 1 Retained earnings Cost of goods sold 2 2 Equipment Accounts Investment in Sledge Accumulated depreciation-Equipment 3 3 Common stock Retained earnings Investment in Sledge Noncontrolling interest in Sledge 4 4 Contracts 5 5 Buildings Investment in Sledge Noncontrolling interest in Sledge Equity in income of Sledge Investment in Sledge 6 6 Amortization expense Depreciation expense Contracts Buildings 7 7 Sales 00 8 8 9 9 Cost of goods sold Cost of goods sold Inventory Accumulated depreciation-Equipment Depreciation expense Debit Credit 6,720 Compute the net income attributable to the noncontrolling interest for 2021. Net income attributable to noncontrolling interest
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