AMIS624X21 - Acquisition 80% owned Revenues Expenses Equity...

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Parent Sub Adjustments Consolidated Acquisition Parent Sub Adjustments Consolidated 80% owned 80% owned Revenues Revenues Expenses Expenses Equity in S Income Equity in S Income Net Income 0 0 Net Income 0 0 NCI in Net Income NCI in Net Income CI in Net Income 0 0 CI in Net Income 0 0 Ret. Earnings, beg. 658 400 400 j 658 Ret. Earnings, beg. 658 400 400 j 658 Net Income/Loss 0 0 Net Income/Loss 0 0 Dividends Declared Dividends Declared Ret. Earnings, end 658 400 400 0 658 Ret. Earnings, end 658 400 400 0 658 Cash 200 100 300 Cash 200 100 300 Accounts Recv. 200 200 400 Accounts Recv. 200 200 400 Inventory 350 220 16 j 586 Inventory 350 220 20 j 590 Investment in S 772 772 j Investment in S 772 772 j Land 400 300 12 j 712 Land 400 300 15 j 715 Build. and Equip. 800 800 96 j 320 k 1376 Build. and Equip. 800 800 120 j 320 k 1400 Acc. Deprec. 150 320 320 k 150 Acc. Deprec. 150 320 320 k 150 Covenant NTC 40 j 40 Covenant NTC 50 j 50 Goodwill 104 j 104 Goodwill 104 j 104 414 240 654 414 240 654 L-T Debt 1000 400 24 j 1424 L-T Debt 1000 400 30 j 1430 NCI in Net Assets 132 j 132 NCI in Net Assets 167 j 167 Common Stock 500 260 260 j 500 Common Stock 500 260 260 j 500 Ret. Earnings, end 658 400 400 0 658 Ret. Earnings, end 658 400 400 0 658 2722 2722 1620 1620 1248 1248 3518 3518 2722 2722 1620 1620 1289
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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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AMIS624X21 - Acquisition 80% owned Revenues Expenses Equity...

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