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$ 1,000 2,000 2,400 2,500 4,356 8,000 3,400 $ 200 500 1,000 4,800 Cash Receivables-net %2$ Inventories Plant assets-net Investment in Sun-90% Cost of sales Other expenses Dividends 3,900 1,600 500 $ 12.500 1,000 $24,656

$ 1,000 2,000 2,400 2,500 4,356 8,000 3,400 $ 200 500 1,000 4,800 Cash Receivables-net %2$ Inventories Plant assets-net Investment in Sun-90% Cost of sales Other expenses Dividends 3,900 1,600 500 $ 12.500 1,000 $24,656

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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prepare consolidated financial statement
ube Maps Translate mes SoIu. Durng 2010 anu 2U17, saies vy Sun to ram were po00,000 anu sou0,U0U, respecuvery. Summary adjusted trial balances for Pam and Sun at December 31, 2017, follow (in thousands): Pam Sun Cash $ 1,000 $ 200 Receivables-net Inventories Plant assets-net 2,000 2,400 2,500 4,356 500 1,000 4,800 Investment in Sun-90% Cost of sales Other expenses Dividends 3,900 1,600 500 $ 12,500 8,000 3,400 1,000 $24,656 Pam Sun $ 1,500 600 Accounts payable Other liabilities Capital stock, $10 par Retained earnings Sales Income from Sun $ 900 600 3,000 1,500 6,500 5,000 3,692 13,000 864 $24,656 $12,500
Transcribed Image Text:ube Maps Translate mes SoIu. Durng 2010 anu 2U17, saies vy Sun to ram were po00,000 anu sou0,U0U, respecuvery. Summary adjusted trial balances for Pam and Sun at December 31, 2017, follow (in thousands): Pam Sun Cash $ 1,000 $ 200 Receivables-net Inventories Plant assets-net 2,000 2,400 2,500 4,356 500 1,000 4,800 Investment in Sun-90% Cost of sales Other expenses Dividends 3,900 1,600 500 $ 12,500 8,000 3,400 1,000 $24,656 Pam Sun $ 1,500 600 Accounts payable Other liabilities Capital stock, $10 par Retained earnings Sales Income from Sun $ 900 600 3,000 1,500 6,500 5,000 3,692 13,000 864 $24,656 $12,500
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