PRACTICE CHAPTER 5 (PART 1) What is the total of consolidated revenues? a.$500,000 b.$460,000 c.$400,000 d.$420,000
What is the total of consolidated cost of goods sold? a.$140,000 b.$132,000 c.$152,000 d.$145,000
What is the total of consolidated expenses? a.$39,000 b.$37,500 c.$30,000 d.$36,000
What is the consolidated total of noncontrolling interest appearing on the balance sheet? a.$87,000 b.$85,500 c.$70,500 d.$83,100
What is the consolidated total for inventory at December 31? a.$260,000 b.$240,000 c.$248,000 d.$250,000
REQ A - JOURNAL ENTRIES:
REQ B - INCOME STATEMENT:
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