a.
Disaggregate and document the AAP 100 percent activity, the AAP controlling interest
and the AAP non-controlling interest.
b.
Calculate and organize the
c.
Compute the starting and ending balances of the pre-consolidation Equity Investment
account starting with the equity of the subsidiary 's stockholders.
d.
Reconstruction of the pre-consolidation activities of the parent Equity Investment T-
account for the year of consolidation.
e.
Calculate the owners' equity attributable to the starting and ending of non-controlling
interest balances beginning with the owners ' equity of the subsidiary.
f.
Calculate consolidated net income, controlling interest net income and non-controlling
interest net income.
g.
Complete the C-E-A-D-I consolidation entries and execute the consolidation worksheet.
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Chapter 5 Solutions
ADVANCED ACCOUNTING
- AccountingAccountingISBN:9781337272094Author:WARREN, Carl S., Reeve, James M., Duchac, Jonathan E.Publisher:Cengage Learning,Accounting Information SystemsAccountingISBN:9781337619202Author:Hall, James A.Publisher:Cengage Learning,
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