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first picture is information for the second picture. thank you!! acquisition-date fuir values. On the date of acquisition, Son reported the following: GashInventoryPlantAssteta(not)PropertyTotalAssets$350,000100,000320,000500,000$1,270,000 Curront Ilabjution
first picture is information for the second picture. thank you!! acquisition-date fuir values. On the date of acquisition, Son reported the following: GashInventoryPlantAssteta(not)PropertyTotalAssets$350,000100,000320,000500,000$1,270,000 Curront Ilabjution Common stack Potained Earninge Total Litabilitius and Equity $120,000 too.000 3,0270,0001,050,000 +1,270,000 During the year Son Incorporate roported \$310,000 in net income and declared $15,000 in dividends. Parent Compary reporied $520,000 in net iscome and dactarud $25,000 in dividends. Parent accounts for their investment using the equity metlod. What is the basic consolidation entry Parent would use in the consolidation worksheet on December 31,202 ? For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac)
first picture is information for the second picture. thank you!!
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