Hi , i'm writing you about my project you did last time. I think it was right but too complicated for our level. i attached the project you did for me with the subject and the project of my classmate with her subject . ( We have the same project with different numbers ) .. PLEASE can you simplify your workings like hers. ? Her name is Huang Ying

CONSOLIDATION WORKSHEET PROBLEM Matinefo Prepare the corresponding consolidating worksheets based on the following facts. Companies involved: Parent and Sub. Date of acquisition: Jan. 1, 20X3 Date of the worksheets you must prepare: December 31, " " Percentage of common shares of S owned by P Price paid by P 20X4 20X5 20X6 90% $6,000,000 At the time of acquisition these were some values concerning S: Common stock Aditional paid-in capital Retained earnings Years Inventories