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4. Flumination Entry and Consolidated Wokpaper Porter Company acquired 90% of Sky Company's stock on January 1, 2020 for SISO,000. Any difference in Sky's book
4. Flumination Entry and Consolidated Wokpaper Porter Company acquired 90% of Sky Company's stock on January 1, 2020 for SISO,000. Any difference in Sky's book and fair values is attributable to Sky's land. Complete the consolidated workpaper Nencontrolling Consolidated Porter Sky C Dr Cr Interest Balances Cash 5210,000 $190.000 AR 60,000 25,000 Lard 260,000 250.000 Investment in Seal 450,000 Total Assets $ 950.000 Accounts Payable $ 110,000 5.38.000 Common Stock (510 par 200.000 100,000 110,000 120,000 Other Contributed Capital Red Earnings 360.000 200 000 Noche Totaltab A Equity 5.999.000 5455.000
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