This preview shows page 1. Sign up to view the full content.
Unformatted text preview: statements: Revenue $50,000 Machine $9,000 Common Stock $10,000 Expense 20,000 Other Assets 26,000 Retained Earnings 25,000 Net income $30,000 Total Assets $35,000 Total Equity $35,000 Dividends Paid $5,000 Determine the amounts that Beckham should report in its year-end consolidated financial statements for noncontrolling interest in subsidiary income, total outstanding interest, Calvin's machine (net of accumulated depreciation), and the process trade secret....
View Full Document
This note was uploaded on 12/05/2011 for the course ACC 134 taught by Professor Erik during the Fall '11 term at Colorado.
- Fall '11