Question
Prepare consolidated balance sheet and income statement for General Electric Company and its subsidiary GE Aviation, with the following information: General Electric Company: Assets $3,000,000,000,
Prepare consolidated balance sheet and income statement for General Electric Company and its subsidiary GE Aviation, with the following information:
•General Electric Company: Assets $3,000,000,000, Liabilities $2,000,000,000, Equity $1,000,000,000, Net Income $500,000,000
•GE Aviation: Assets $1,000,000,000, Liabilities $500,000,000, Equity $500,000,000, Net Income $200,000,000
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Financial Accounting and Reporting a Global Perspective
Authors: Michel Lebas, Herve Stolowy, Yuan Ding
4th edition
978-1408066621, 1408066629, 1408076861, 978-1408076866
