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d. What was the subsidiary retained earnings balance on the acquisition de You should assume the common Stock and APC or changed since the cutron late one you will need to use an account that does not change after the acquisition date 50 Why are the Stockholders Equity accounts of the subsidiary reflected in the consolidated balance sheet? The subsidiary's stockholders' equity is not held by a party outside of the economic entity represented in the consolidated financial statements and as a result should not be indoded in consolidated stockholders' equity The subsidiary's stockholders equity is held by a party outside of the economic entity represented in the comoldated financial statements and, as it should not be included in the consolidated stockholders equity The subsidiary's stockholders' equity is held by a party outside of the economic entity represented in the consolidated financial statements and as a result is relected in the Equity account on the consolidated balance sheet rather than be included in the consolidated stockholders equity f. Provide the consolidation entries for the year ending December 31, 2019 Consolidation journal Description Debit SADJ investment income Dividends O 0 Credit 0 0 0 = . 0 0 0 TE Commons APIC 0 D 0 = = . 0 0 A . [PPE, net Paters + 0 0 DI 0 re Please wall parts of the question d. What was the subsidiary's retained earnings balance on the acquisition date? You should assume the use an account that does not change after the acquisition date.) $ 0 e. Why aren't the Stockholders' Equity accounts of the subsidiary reflected in the consolidated balance OThe subsidiary's stockholders' equity is not held by a party outside of the economic entity represente consolidated stockholders' equity. The subsidiary's stockholders' equity is held by a party outside of the economic entity represented in consolidated stockholders' equity. OThe subsidiary's stockholders' equity is held by a party outside of the economic entity represented ir account on the consolidated balance sheet rather than be included in the consolidated stockholders' f. Provide the consolidation entries for the year ending December 31, 2019. Consolidation Journal Description [AD]] Investment income Dividends [C] Debit Credit 0 ( 0 0 . 0 0 0 0 0 > 0 [E] Common Stock APIC 0 0 0 0 0 0 . 0 0 d acquisition date? You should assume the Common Stock and APIC have not changed since the acquisition date. (Hint: You will need to e.) ary reflected in the consolidated balance sheet? outside of the economic entity represented in the consolidated financial statements and, as a result should not be included in the side of the economic entity represented in the consolidated financial statements and, as a result, should not be included in the side of the economic entity represented in the consolidated financial statements and, as a result, is reflected in the Equity Investment ncluded in the consolidated stockholders equity. mber 31, 2019 dit OO 0 OOOO 0 0 0 d. What was the subsidiary's retained earnings balance on the acquisition date? You should assume th use an account that does not change after the acquisition date.) $ 0 e. Why aren't the Stockholders' Equity accounts of the subsidiary reflected in the consolidated balance OThe subsidiary's stockholders' equity is not held by a party outside of the economic entity represen consolidated stockholders' equity. The subsidiary's stockholders' equity is held by a party outside of the economic entity represented consolidated stockholders' equity. OThe subsidiary's stockholders' equity is held by a party outside of the economic entity represented account on the consolidated balance sheet rather than be included in the consolidated stockholders f. Provide the consolidation entries for the year ending Decmber 31, 2019. Consolidation Journal Description Credit [ADJ] Investment income Debit 0 0 0 0 Dividends 0 0 [C] 0 0 0 0 [E] Common Stock APIC 0 0 0 0 0 0 0 0 [A] PPE, net 0 0 Patent 0 0 0 0 0 0 [D] 0 0 0 0 Patent 0 0 Please answer all parts of the question. d. What was the subsidiary retained earnings balance on the acquisition de You should assume the common Stock and APC or changed since the cutron late one you will need to use an account that does not change after the acquisition date 50 Why are the Stockholders Equity accounts of the subsidiary reflected in the consolidated balance sheet? The subsidiary's stockholders' equity is not held by a party outside of the economic entity represented in the consolidated financial statements and as a result should not be indoded in consolidated stockholders' equity The subsidiary's stockholders equity is held by a party outside of the economic entity represented in the comoldated financial statements and, as it should not be included in the consolidated stockholders equity The subsidiary's stockholders' equity is held by a party outside of the economic entity represented in the consolidated financial statements and as a result is relected in the Equity account on the consolidated balance sheet rather than be included in the consolidated stockholders equity f. Provide the consolidation entries for the year ending December 31, 2019 Consolidation journal Description Debit SADJ investment income Dividends O 0 Credit 0 0 0 = . 0 0 0 TE Commons APIC 0 D 0 = = . 0 0 A . [PPE, net Paters + 0 0 DI 0 re Please wall parts of the question d. What was the subsidiary's retained earnings balance on the acquisition date? You should assume the use an account that does not change after the acquisition date.) $ 0 e. Why aren't the Stockholders' Equity accounts of the subsidiary reflected in the consolidated balance OThe subsidiary's stockholders' equity is not held by a party outside of the economic entity represente consolidated stockholders' equity. The subsidiary's stockholders' equity is held by a party outside of the economic entity represented in consolidated stockholders' equity. OThe subsidiary's stockholders' equity is held by a party outside of the economic entity represented ir account on the consolidated balance sheet rather than be included in the consolidated stockholders' f. Provide the consolidation entries for the year ending December 31, 2019. Consolidation Journal Description [AD]] Investment income Dividends [C] Debit Credit 0 ( 0 0 . 0 0 0 0 0 > 0 [E] Common Stock APIC 0 0 0 0 0 0 . 0 0 d acquisition date? You should assume the Common Stock and APIC have not changed since the acquisition date. (Hint: You will need to e.) ary reflected in the consolidated balance sheet? outside of the economic entity represented in the consolidated financial statements and, as a result should not be included in the side of the economic entity represented in the consolidated financial statements and, as a result, should not be included in the side of the economic entity represented in the consolidated financial statements and, as a result, is reflected in the Equity Investment ncluded in the consolidated stockholders equity. mber 31, 2019 dit OO 0 OOOO 0 0 0 d. What was the subsidiary's retained earnings balance on the acquisition date? You should assume th use an account that does not change after the acquisition date.) $ 0 e. Why aren't the Stockholders' Equity accounts of the subsidiary reflected in the consolidated balance OThe subsidiary's stockholders' equity is not held by a party outside of the economic entity represen consolidated stockholders' equity. The subsidiary's stockholders' equity is held by a party outside of the economic entity represented consolidated stockholders' equity. OThe subsidiary's stockholders' equity is held by a party outside of the economic entity represented account on the consolidated balance sheet rather than be included in the consolidated stockholders f. Provide the consolidation entries for the year ending Decmber 31, 2019. Consolidation Journal Description Credit [ADJ] Investment income Debit 0 0 0 0 Dividends 0 0 [C] 0 0 0 0 [E] Common Stock APIC 0 0 0 0 0 0 0 0 [A] PPE, net 0 0 Patent 0 0 0 0 0 0 [D] 0 0 0 0 Patent 0 0 Please answer all parts of the
