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CONSOLIDATION WORKSHEET PROBLEM
Required:
Question 1. Complete the worksheets for 20X4-6.
Question 2. Show how the Controlling and Non-controlling shares of Income from S were arrived at in X5 and X6.
Question 3. In separate schedules for year ends X5 and X6, reconcile the Investment account with S's stockholders' equity.
Question 4. In separate schedules for year ends X5 and X6, reconcile the ending Noncontrolling Interest with S's stockholders'equity. .
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