AMIS624X12 - 12/31/2003 Parent Sales 900 Cost of Sales 200...

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12/31/2003 Parent Sub Adjustments Consolidated Sales 900 300 1200 Cost of Sales 200 85 285 Expenses 160 135 295 Equity in Net Inc. Sub 80 80 k Net Income/Loss 620 80 80 0 620 Retained Earnings, beg. 640 200 200 j 640 Net Income/Loss 620 80 80 0 620 Dividends Declared 110 32 32 k 110 Retained Earnings, e 1150 248 280 32 1150 Cash 562 218 780 A/R 200 100 300 Inventory 200 100 300 400 300 700 Accum. Depreciation 180 50 230 Investment in Sub. 468 420 j 48 k 200 100 300 Long-term Debt 200 100 300 Common Stock 100 220 220 j 100 Retained Earnings, e 1150 248 280 32 1150 1830 1830 718 718 500 500 2080 2080
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12/31/2003 Parent Sub Adjustments Consolidated Sales 900 300 1200 Cost of Sales 200 85 285 Expenses 160 135 295 Dividend Income 32 32 k Net Income/Loss 572 80 32 0 620 Retained Earnings, beg. 440 200 640 Net Income/Loss 572 80 32 0 620 Dividends Declared 110 32 32 k 110 Retained Earnings, e 902 248 32 32 1150 Cash 562 218 780 A/R 200 100 300 Inventory 200 100
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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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AMIS624X12 - 12/31/2003 Parent Sales 900 Cost of Sales 200...

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