A Corporation purchased a 70% interest in B Company on January 1, 2013 for P140,000, when B’s stockholders’ equity consisted of P30,000 common stock, P100,000 additional paid-in-capital, and P200,000 retained earnings. Income and dividends data for B are as follows: Net income (or loss) P50,000 Dividends 5,000 NCI is measured at fair value If A reported separate income from own operations of P120,000 for 2013, what is the consolidated total comprehensive income for 2013?

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Consolidation

Consolidation in general examination implies an asset oscillating between well-defined methods of trading status. Consolidation is commonly known as market indecisiveness, which completes when the asset's values move forward or backward the trading structure.