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Item Cash & Accounts Receivable Inventory Land Buildings & Equipment Investment in Suspect Co. Cost of Goods Sold Depreciation and Amortization Expense Other Expenses

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Item Cash & Accounts Receivable Inventory Land Buildings & Equipment Investment in Suspect Co. Cost of Goods Sold Depreciation and Amortization Expense Other Expenses Dividends Declared Accumulated Depreciation Accounts Payable Bonds Payable Common Stock Retained Earnings Sales Gain on Sale of Equipment Income from Suspect Co. Total Prime Company Suspect Company Debit $ 129,000 Credit Debit $ 30,000 Credit 268,000 80,000 540,000 91,000 75,000 160,000 213,640 145,000 78,200 27,000 16,000 20,000 3,000 30,000 5,000 $ 221,400 $ 48,000 51,000 22,000 190,000 40,000 300,000 100,000 396,160 250,000 78,200 170,000 15,000 29,080 $1,452,640 $1,452,640 $458,200 $458,200

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