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Workpaper Eliminating Entries, Equity Method LO 5 At the beginning of 2014, Presidio Company purchased 95% of the common suck of Su.co Company for $494,000.

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Workpaper Eliminating Entries, Equity Method LO 5 At the beginning of 2014, Presidio Company purchased 95% of the common suck of Su.co Company for $494,000. On that date, Succe Company's stockholders equity consisted of the following Common stock $0. Other contributed capital 100.000 Retained earnings 120.00 Total S520AXXO Workpaper Eliminating Entries, Equity Method LO 5 At the beginning of 2014, Presidio Company purchased 95% of the common suck of Su.co Company for $494,000. On that date, Succe Company's stockholders equity consisted of the following Common stock $0. Other contributed capital 100.000 Retained earnings 120.00 Total S520AXXO

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