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hello please help me answer thank you Ceat Compary owns a 90% interest in Seaton Company. The consolidated income statement drafted by the controller of
hello please help me answer thank you
Ceat Compary owns a 90% interest in Seaton Company. The consolidated income statement drafted by the controller of Peat Compary appeared as follows: Durieg your audit you discover that intercompany sales transactions were not reflected in the controlier s draft of the consolidated income staternent. Informationreiating to intercompany sales and unrealized intercompany profit is as follows Prepare a corrected comolidated income statemint for Peat Company and Seston Compamy for the year ended December 31.2015. Prepare a corrected consolidated income statement for Peat Company and Seaton Company for the year ended December 31,2015 Step by Step Solution
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