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AMIS624X1J - x1 Sales Cost of Sales Expenses Dividend...

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12/31/20x1 Parent Sub Adjustments Consolidated Sales 600 314 914 Cost of Sales 260 170 430 Expenses 220 100 320 Dividend Income 27 27 k Net Income/Loss 147 44 27 0 164 Retained Earnings, beg. 300 110 410 Net Income/Loss 147 44 27 0 164 Dividends Declared 50 27 27 k 50 Retained Earnings, e 397 127 27 27 524 Cash 105 14 119 A/R 60 40 100 Inventory 110 30 140 Prop., Plant, & Equip. 350 180 530 Accum. Depreciation 90 60 150 Investment in Sub. 22 22 j Payables & Accruals 70 20 90 Long-term Debt 50 35 85 Common Stock 40 22 22 j 40 Retained Earnings, e 397 127 27 27 524 647 647 264 264 49 49 889 889
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12/31/20x1 Parent Sub Adjustments Consolidated Sales 600 314 914 Cost of Sales 260 170 430 Expenses 220 100 320 Equity in NI of Sub 44 44 k Net Income/Loss 164 44 44 0 164 Retained Earnings, beg. 410 110 110 j 410 Net Income/Loss 164 44 44 0 164 Dividends Declared 50 27 27 k 50 Retained Earnings, e 524 127 154 27 524 Cash 105 14 119 A/R 60 40 100 Inventory 110 30 140 Prop., Plant, & Equip. 350 180 530 Accum. Depreciation 90 60 150 Investment in Sub. 149 132 j 17 k Payables & Accruals 70 20 90 Long-term Debt 50 35 85 Common Stock 40 22 22 j 40 Retained Earnings, e 524 127 154 27 524 774 774 264 264 176 176 889 889
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Investment in Scuttle ### Acquisition Expenses 41,000
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