Big Bird Ltd owns 61% of Peter Pan Ltd, 49% of Scooby-doo Ltd, and 76% of Sponge

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Big Bird Ltd owns 61% of Peter Pan Ltd, 49% of Scooby-doo Ltd, and 76% of Sponge Bob Ltd. Below

are the individual Balance Sheets for Big Bird Ltd, Peter Pan Ltd, Scooby-doo Ltd, Sponge Bob Ltd and

the consolidated Balance Sheet of Big Bird Group Ltd. There are a number of errors in the consolidated

Balance Sheet.

determine what those errors are and to correctly recalculate the consolidated Balance Sheet.

b) the journal entry for Big Bird Ltd to record the work paper investment elimination entries

c) a recalculated classified consolidated Balance Sheet in correct form.

the firs 5 attachments is related to the question , the other 3 attachments is what must be filled

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Posted Date: Jun 21, 2024 11:12 PM

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Big Bird Ltd owns 61% of Peter Pan Ltd, 49% of Scooby-doo Ltd, and 76% of Sponge

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