Consolidation worksheet problem (see attachment)
CONSOLIDATION WORKSHEET PROBLEM Prepare the corresponding consolidating worksheets based on the following facts. Companies involved: Parent and Sub. Date of acquisition: Jan. 1, 20X3 Date of the worksheets you must prepare: December 31, 20X4 ” 20X5 ” 20X6 Percentage of common shares of S owned by P 75% Price paid by P $ 5,700,000 At the time of acquisition these were some values concerning S: […]