AMIS624X18 - 12/31/2006 Parent Sales 900 Cost of Sales 125...

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12/31/2006 Parent Sub Adjustments Consolidated Sales 900 340 1240 Cost of Sales 125 200 325 Expenses 490 60 550 Equity in Net Inc. Sub 80 80 k Net Income/Loss 365 80 80 0 365 Retained Earnings, beg. 460 125 125 j 460 Net Income/Loss 365 80 80 0 365 Dividends Declared 45 94 94 k 45 Retained Earnings, e 780 111 205 94 780 Cash 200 61 261 A/R 100 250 350 Inventory 200 50 250 700 100 800 Accum. Depreciation 100 40 140 Investment in Sub. 281 14 k 295 j 141 20 161 Long-term Debt 160 120 280 Common Stock 300 170 170 j 300 Retained Earnings, e 780 111 205 94 780 1481 1481 461 461 389 389 1661 1661 Part C. Retained Earnings, b 111 Common Stock 170 Investment in Sub. 281 Equity in Net Inc. Sub 99 Investment in Sub. 11 Dividends Declared 88
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12/31/2006 Parent Sub Adjustments Consolidated Sales 900 340 1240 Cost of Sales 125 200 325 Expenses 490 60 550 Dividend Income 94 94 k Net Income/Loss 379 80 94 0 365 Retained Earnings, beg. 335 125 460 Net Income/Loss 379 80 94 0 365 Dividends Declared 45 94 94 k 45 Retained Earnings, e 669 111 94 94 780 Cash 200 61 261 A/R 100 250 350 Inventory 200 50 250 700 100 800 Accum. Depreciation 100 40 140 Investment in Sub. 170 170 j 141 20 161 Long-term Debt
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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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AMIS624X18 - 12/31/2006 Parent Sales 900 Cost of Sales 125...

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