Advanced Accounting (Looseleaf)
Advanced Accounting (Looseleaf)
12th Edition
ISBN: 9780077632595
Author: Hoyle
Publisher: MCG
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Chapter 4, Problem 39P

a.

To determine

Prepare a consolidated income statement for the year ending December 31, 2015.

b.

To determine

Determine the consolidated balance for each of the following accounts as of December 31, 2015:

  • Goodwill
  • Equipment (net)
  • Building (net)
  • Dividends declared
  • Common stock

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The KEY to Understanding Financial Statements; Author: Accounting Stuff;https://www.youtube.com/watch?v=_F6a0ddbjtI;License: Standard Youtube License