Escolar Documentos
Profissional Documentos
Cultura Documentos
a.
E(2)
E(3)
E(4)
Goodwill
40,000
Differential
40,000
Assign differential to goodwill.
E(5)
E(6)
E(7)
4,000
28,000
1,000
7,000
100,000
105,000
40,000
204,000
41,000
8,000
2,000
10,000
5,000
20,000
2,000
23,000
$ 7,000
(5,000)
$ 2,000
$30,000
(7,000)
$23,000
E(8)
Accounts Payable
Accounts Receivable
Eliminate intercorporate
receivable/payable.
7,000
7,000
P6-32
(continued)
b.
Prime
Company
Lane
Company
Eliminations
Debit
Credit
Sales
240,000 120,000
Gain on Sale of Equip.
20,000
(7) 20,000
Income from Subsidiary
32,000
(1) 32,000
Credits
292,000 120,000
Cost of Goods Sold
140,000
60,000
Deprec. & Amortization
25,000
15,000
(7)
Goodwill Impairment Loss
(5) 25,000
Other Expenses
15,000
5,000
Debits
(180,000) (80,000)
Consolidated
360,000
2,000
360,000
200,000
38,000
25,000
20,000
(283,000)
77,000
112,000
40,000
85,000
2,000
69,000
338,000
105,000
112,000
40,000
450,000 145,000
(30,000) (5,000)
(3)105,000
(6) 8,000
85,000
2,000
330,000
69,000
399,000
Dividends Declared
Ret. Earnings, Dec. 31,
carry forward
Cash and Receivables
Inventory
Land
Buildings and Equipment
Investment in Lane
Company Stock
Differential
Goodwill
Debits
Accum. Depreciation
Accounts Payable
Bonds Payable
Common Stock
Retained Earnings,
from above
Noncontrolling Interest
Credits
1,311,000
P6-32
(continued)
(2)
420,000
140,000
113,000
260,000
80,000
500,000
35,000
90,000
80,000
150,000
232,000
8,000
(8,000)
(1)
(2)
198,000
(8)
4,000
1,000
(30,000)
7,000
369,000
7,000
141,000
350,000
150,000
655,000
(6) 10,000
(7)
5,000
(1) 28,000
(3)204,000
(3) 40,000 (4) 40,000
(4) 40,000 (5) 25,000
1,185,000
355,000
205,000
60,000
200,000
300,000
45,000
20,000
50,000
100,000
420,000
140,000
1,185,000
(7) 23,000
(8)
7,000
(3)100,000
15,000
1,311,000
273,000
73,000
250,000
300,000
198,000
7,000
369,000
(6) 2,000 (2) 7,000
(3) 41,000
46,000
355,000
392,000
392,000
c.
$
$655,000
(273,000)
Accounts Payable
Bonds Payable
Noncontrolling Interest
Common Stock
Retained Earnings
Total Liabilities and Stockholders' Equity
141,000
350,000
150,000
382,000
15,000
$1,038,000
$
73,000
250,000
46,000
300,000
369,000
$1,038,000
360,000
$200,000
38,000
25,000
20,000
$
283,000
77,000
(8,000)
69,000
$
$
330,000
69,000
399,000
(30,000)
369,000