Assigument: On January 1, 2017, (A) owns 80% of the outstanding stock of (B) for JD150000. At this date you have given the following information: 1.The-stockholders' emuity of (B) are as follows : 2. The value of carrying assets and liabilities of (B) equal to their frienahas ereent for: 3. during the year A sells to B land (cost 7000 the selling price 5000 ), the land is still in B. 4. The financial statements of (A) and (B) at the end of 2017 are as follows : A.ThenmeStatements: B. Retained Earnings Statements: Required : Using Equity Method, Incomplete Equity Method and Cost Method, prepare Journal Entries and fill in the blanks with the correct amount. Required : Using Equity Method, Incomplete Dquity Method and Cost Method, prepare Joumal Entries and fill in the blanks with the correct amount. Assigument: On January 1, 2017, (A) owns 80% of the outstanding stock of (B) for JD150000. At this date you have given the following information: 1.The-stockholders' emuity of (B) are as follows : 2. The value of carrying assets and liabilities of (B) equal to their frienahas ereent for: 3. during the year A sells to B land (cost 7000 the selling price 5000 ), the land is still in B. 4. The financial statements of (A) and (B) at the end of 2017 are as follows : A.ThenmeStatements: B. Retained Earnings Statements: Required : Using Equity Method, Incomplete Equity Method and Cost Method, prepare Journal Entries and fill in the blanks with the correct amount. Required : Using Equity Method, Incomplete Dquity Method and Cost Method, prepare Joumal Entries and fill in the blanks with the correct amount