16) Consolidation Worksheet Entry A would require a: A. Debit Capitalized Software, $651,000 B. Credit Non-controlling Interest,
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16) Consolidation Worksheet Entry A would require a:
A. Debit Capitalized Software, $651,000
B. Credit Non-controlling Interest, $237,900.
C. Credit Investment in Calabrese Co., $597,800
D. Debit Building, $18,000
17) In 2020, if Calabrese Co. earned income of $220,000, and declared and paid dividends of $60,000, Consolidation Worksheet Entry I would require a
A. Debit Investment in Calabrese Co., $112,000
B. Debit Equity in Sub Earnings, $111,300
C. Credit to Equity in Sub Earnings, $154,000
D. Credit to Investment in Calabrese Co., $112,000
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