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accounting help needed, fill in blanks please ! ! ( related to noncontrolling interest and consolidated income statement ) Assume thst, on I S' Isr
accounting help needed, fill in blanks please related to noncontrolling interest and consolidated income statement
Assume thst, on I S' Isr Compeny acquired sn interest in SrishtComnyfor purchase price tfnstwas Werthe book value ofttesusidizrfs Stockholder-S Equity on thescquisition date Kjlzruses the equity to zccountfor its investment in arisht_ Kyler assigned the acquisiticn-dste AAPas folbuvs: Inventory AAP Customer List Fair Value s700,ooo 300,000 100,000 Indefinite 80% of ifthe Goodwil is sllczted to the perent Kyler end report the folly,fns financial statements December 31, 2.V4: Cost of Opetins of Retained Eamin soy Dividend: net Liabilitiu Eguit'," Liabilities L ng term Liabilitiu Common Stock Required Sl,7noco 1120co (316000) I woco I noco I noco 127,oco anoco 51 840,000 310.000 108,000 800,400 28,200 s. Compute the EOY noncontrolling interest equity &lsnce_ Prepre the consolidstion inconne statement. Note: use nesstive signs with snswers as appropriste. Statement Cost of Opetins Consolidated NI attribute". to NCI NI to -1778000
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