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.It is Haskins acquires 100% of Sells on January 1, 2011, Haskins uses the equity method December 31, 2014. The following are the stockholders equity
.It is Haskins acquires 100% of Sells on January 1, 2011, Haskins uses the equity method December 31, 2014. The following are the stockholders equity accounts of Sells on various dates. 5, Common Stock Additional Paid in Capital Retained Earnings a. b. 120,000 2,000,000 100,000 140,000 2,300,000 130,000 12/31/14 160,000 2,500,000 150,000 Prepare consolidation worksheet S at December 31, 2014 Assume total Stockholders Equity of Haskins at December 31, 2015 is $6,000,000. How much is consolidated Stockholders equity. How would this answer differ if Haskins were using the partial equity method and if there was $10,000 of excess amortization. c. Completa n
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