Prob_AP12_6_Solutions - 250,000 65,000 (65,000) Retained...

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Problem AP12-6 Balance Sheets at June 1, 2008 Kappa Co. Delta Co. Adjustments Cash $176,000 $13,000 189,000-120,000 Property and Equipment (net) 352,000 165,000 352,000+180,000 Goodwill 9,000 Total Assets $528,000 $178,000 Liabilities $93,000 $82,000 Common Stock (par $1)
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Unformatted text preview: 250,000 65,000 (65,000) Retained Earnings 185,000 31,000 (31,000) Total Liabilities and Stockholders' Equity $528,000 $178,000 Kappa Co. Consolidated $69,000 532,000 9,000 $610,000 $175,000 250,000 185,000 $610,000...
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Prob_AP12_6_Solutions - 250,000 65,000 (65,000) Retained...

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