Consolidated Worksheet at End of the First Year of BW Paper Company acquired 80 percent of Scissor $296,000 on January h Prepare a cons c Prepare a consolidated balance s outstanding common o) was equal to $ and 2O3-43-5 P3-30 on January 1, 20x8, when the book value of Scissor's net assets w Paper uses the equity method to account for investments. Trial balance data for as of December 31, 20X8, are as follows: Paper Company Debit 46,000 60,000 120,000 Credit Debit $ 191,000 Accounts Receivable 140,000 190,000 350,400 250,000 875,000 250,000 65,000 Investment in Scissor Company 125,000 250,000 155,000 12,000 50,000 Cost of Goods Sold Selling & Administrative Expense Dividends Declared 280,000 80,000 Accounts Payable Bands Payable $565,000 77,000 250,000 Consolidated Worksheet at End of the First Year of BW Paper Company acquired 80 percent of Scissor $296,000 on January h Prepare a cons c Prepare a consolidated balance s outstanding common o) was equal to $ and 2O3-43-5 P3-30 on January 1, 20x8, when the book value of Scissor's net assets w Paper uses the equity method to account for investments. Trial balance data for as of December 31, 20X8, are as follows: Paper Company Debit 46,000 60,000 120,000 Credit Debit $ 191,000 Accounts Receivable 140,000 190,000 350,400 250,000 875,000 250,000 65,000 Investment in Scissor Company 125,000 250,000 155,000 12,000 50,000 Cost of Goods Sold Selling & Administrative Expense Dividends Declared 280,000 80,000 Accounts Payable Bands Payable $565,000 77,000 250,000