Home Insert Share Formulas Data Review View Help Draw 910 " Calibri (Body) 11 AABU DAVA = Wrap Merge v General B75 vxvfx Common stock - Netspeed D E A B 52 QuickPort's share of NetSpeed's dividends 53 Balance 12/31/2024 54 56 57 58 59 60 55 b. Prepare the worksheet adjustments for the December 31, 2024 consolidation of QuickPort and NetSpeed. TA Account Title Investment in Netspeed Equipment Accumulated depreciation 61 S Common stock - Netspeed 62 63 64 65 A 66 67 68 69 70 D 71 E 72 73 ED 74 Retained earnings - Netspeed Investment in Netspeed Amortization expense Database Investment in Netspeed Amortization expense Equity in earnings of Netspeed Investment in Netspeed Investment in Netspeed Dividends declared Equity in earnings of Netspeed Equipment Noncontrolling interest Common stock - Netspeed 75 76 77 78 Debit Credit 79 Students: The scratchpad area is for you to do any additional work you need to solve this question or can be used to show your work. 80 Nothing in this area will be graded, but it will be submitted with your assignment. 81 Graded Worksheet Workbook Statistics
Home Insert Share Formulas Data Review View Help Draw 910 " Calibri (Body) 11 AABU DAVA = Wrap Merge v General B75 vxvfx Common stock - Netspeed D E A B 52 QuickPort's share of NetSpeed's dividends 53 Balance 12/31/2024 54 56 57 58 59 60 55 b. Prepare the worksheet adjustments for the December 31, 2024 consolidation of QuickPort and NetSpeed. TA Account Title Investment in Netspeed Equipment Accumulated depreciation 61 S Common stock - Netspeed 62 63 64 65 A 66 67 68 69 70 D 71 E 72 73 ED 74 Retained earnings - Netspeed Investment in Netspeed Amortization expense Database Investment in Netspeed Amortization expense Equity in earnings of Netspeed Investment in Netspeed Investment in Netspeed Dividends declared Equity in earnings of Netspeed Equipment Noncontrolling interest Common stock - Netspeed 75 76 77 78 Debit Credit 79 Students: The scratchpad area is for you to do any additional work you need to solve this question or can be used to show your work. 80 Nothing in this area will be graded, but it will be submitted with your assignment. 81 Graded Worksheet Workbook Statistics
Chapter10: Financial Statements And Reports
Section: Chapter Questions
Problem 3.3C
Related questions
Question
Transcribed Image Text:Home Insert Share
Formulas Data Review View Help
Draw
910
"
Calibri (Body)
11
AABU DAVA = Wrap Merge v
General
B75
vxvfx
Common stock - Netspeed
D
E
A
B
52 QuickPort's share of NetSpeed's dividends
53 Balance 12/31/2024
54
56
57
58
59
60
55 b. Prepare the worksheet adjustments for the December 31, 2024 consolidation of QuickPort and NetSpeed.
TA
Account Title
Investment in Netspeed
Equipment
Accumulated depreciation
61
S
Common stock - Netspeed
62
63
64
65
A
66
67
68
69
70
D
71
E
72
73
ED
74
Retained earnings - Netspeed
Investment in Netspeed
Amortization expense
Database
Investment in Netspeed
Amortization expense
Equity in earnings of Netspeed
Investment in Netspeed
Investment in Netspeed
Dividends declared
Equity in earnings of Netspeed
Equipment
Noncontrolling interest
Common stock - Netspeed
75
76
77
78
Debit
Credit
79 Students: The scratchpad area is for you to do any additional work you need to solve this question or can be used to show your work.
80 Nothing in this area will be graded, but it will be submitted with your assignment.
81
Graded Worksheet
Workbook Statistics
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