6&7

Equity method TALGO Instructions Chart of Accounts Instructions TALGO On January 2. Yorkshire Company qurd 40% of the outstanding stock of Fain Company for $754.500. For the year ended December 31, Fan eamed income of $110,400 and paid dividends of $29.700. TALGO. Journalize the entries for Yorkshire Company for the purchase of the stock the share of an income, and the dividends received from Fan Company Refer to the Chart of Accounts for exact wording of accounts TALGO .