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.................... THIS PROBLEM S A CONTINUATION OF BALANCE SHEET 751% On December 31st 2020 Yoda and Vadar had the following financial statements: Yoda Vadar Service

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THIS PROBLEM S A CONTINUATION OF BALANCE SHEET 751% On December 31st 2020 Yoda and Vadar had the following financial statements: Yoda Vadar Service revenue 150 000 14 000 depredation exp Eq. 60000 1200 depredation exp Bid 35000 800 Investment Income net Income 12,000 YODA VADAR CASH 1,050 000 23000 ACCOUNTS RECEIVABLE 1,000,000 20,000 EQUIPMENT 1,000,000 20 000 ACCUMULATED DEP. EQUIPMENT 460 000 BUILDING 1,000,000 20 000 ACCUMULATED DEP. BUILDING 335,000 5200 WVESTMENT IN VADAR C TOTAL ASSETS: 68000 ACCOUNTS PAYABLE 1,000 000 20,000 COMMON STOCK $1 PAR 20,000 ADDITIONAL PAID IN CAPITAL C/'S 20 000 RETAINED EARNINGS G NOTE: THE ONLY STOCK TRANSACTION YODA HAD IN 2020 WAS THE PURCHASE OF VADAR Hint: Don't forget about dividends REQUIRED: A) MAKE ANY NECESSARY JOURNAL ENTRIES IN 2020 BY YODA DUE TO ITS INVESTMENT IN VADAR Don't forget to tell me which method (Initial value (cost] partial equity or full equity) you are using BI MAKE ANY NECESSARY WORKSHEET ENTRIES NEEDED IN 2020 CI PREPARE A CONSOU DATED INCOME STATEMENT FOR 2020 DJ PREPARE A CONSOL DATED BALANCE SHEET 12/31/2020

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