AMIS624X1E - Part C. Retained Earnings, beg. 59 Common...

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Part C. Retained Earnings, b 59 Common Stock 35 Investment in Sub. 94 Equity in Net Inc. Sub 55 Investment in Sub. 19 Dividends Declared 36 Part D. Common Stock 35 Investment in Sub. 35 Dividend Income 36 Dividends Declared 36
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12/31/20x1 Parent Sub Adjustments Consolidated Sales 300 475 775 Cost of Sales 320 320 Expenses 140 167 307 Dividend Income 18 18 k Net Income/Loss 178 12 18 0 148 Retained Earnings, beg. 426 89 515 Net Income/Loss 178 12 18 0 148 Dividends Declared 50 18 18 k 50 Retained Earnings, e 554 59 18 18 613 Cash 249 10 259 A/R 50 30 80 Inventory 200 44 244 300 145 445 Accum. Depreciation 140 25 165 Investment in Sub. 35 35 j 30 20 50 Long-term Debt 10 90 100 Common Stock 100 35 35 j 100 Retained Earnings, e 554 59 18 18 613 834 834 229 229 53 53 1028 1028
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Cash 100 190 290 Inventory 100 120 12 j 208 Patent 200 10 j 210 100 500 130 j 270 200 k 30 200 200 k 30 NTC Contract 60 j 60 Land 70 240 30 j 280
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This note was uploaded on 08/06/2011 for the course AMIS 624 taught by Professor Wallin during the Summer '11 term at Ohio State.

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AMIS624X1E - Part C. Retained Earnings, beg. 59 Common...

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