AMIS624X17 - 12/31/2006 Parent Sales 800 Cost of Sales 300...

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12/31/2006 Parent Sub Adjustments Consolidated Sales 800 200 1000 Cost of Sales 300 120 420 Expenses 200 100 300 Equity in Net Inc. Sub 20 20 k Net Income/Loss 280 20 0 20 280 Retained Earnings, beg. 460 340 340 j 460 Net Income/Loss 280 20 0 20 280 Dividends Declared 70 35 35 k 70 Retained Earnings, e 670 285 340 55 670 Cash 300 205 505 A/R 100 300 400 Inventory 200 100 300 500 200 700 Accum. Depreciation 350 150 500 Investment in Sub. 505 55 k 560 j 285 50 335 Long-term Debt 200 100 300 Common Stock 100 220 220 j 100 Retained Earnings, e 670 285 340 55 670 1605 1605 805 805 615 615 1905 1905
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12/31/2006 Parent Sub Adjustments Consolidated Sales 800 200 1000 Cost of Sales 300 120 420 Expenses 200 100 300 Dividend Income 35 35 k Net Income/Loss 335 20 35 0 280 Retained Earnings, beg. 120 340 460 Net Income/Loss 335 20 35 0 280 Dividends Declared 70 35 35 k 70 Retained Earnings, e 385 285 35 35 670 Cash 300 205 505 A/R 100 300 400 Inventory 200 100 300 500 200 700 Accum. Depreciation 350 150 500 Investment in Sub. 220 220 j 285 50 335 Long-term Debt 200 100 300 Common Stock 100 220 220 j 100 Retained Earnings, e 385 285 35 35 670 1320 1320 805 805 255 255 1905 1905
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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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AMIS624X17 - 12/31/2006 Parent Sales 800 Cost of Sales 300...

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