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Unformatted text preview: $110,000 P9-18 c. Income from Corn Corporation $55,120 P9-19 Alternative 2: Debit Retained Earnings $240,000 P9-20 b. Income to Controlling Interest $99,000 P9-21 b. Book value of shares purchased $1,759,800 P9-22 b. Noncontrolling Interest $120,500 P9-23 b. (1) Increase in equity attributable to parent $5,000 P9-24 b. Consolidated Retained Earnings $352,000 P9-25 a. Investment in Delta Corporation Stock $520,000 P9-26 b. Investment in Tin Products Corporation $412,500 P9-27 Consolidated Net Income $98,800...
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- Fall '10
- Financial Accounting