Prepare a consolidated balance sheet

Assignment Help Financial Accounting

Reference no: EM1312438

Prepare a consolidated Balance sheet and journal entries from the data.

Balance Sheet of Big as of 2006
Particulars	Big	Little
Cash and Receivable	$146,000	$98,000
Inventory	255,000	136,000
Investment in Little	345,000
Property, Plant and Equipment	959,000	328,000
Goodwill
Total Assets	$1,705,000	$562,000
Liabilities	$689,600	$71,000
Minority Interest
Common Stock	515,000	150,000
Retained Earnings	500,400	341,000
Total Liabilities	$1,705,000	$562,000

Reference no: EM1312438

Questions Cloud

Computing shortage of goods after price ceiling : American Mining Company is interested in obtaining quick estimates of the supply and demand curves for coal.

Consolidated balance sheet : Prepare a consolidated Balance sheet and journal entries from the data

Values for mean result in rejection of null hypothesis : If standard deviation is 50 hours and α is equal to 0.01, what values for mean x will result in rejection of null hypothesis.

Making you familiar with basics of botany : A major evolutionary trend among plants is: A reduction in size of the gametophyte and an increase in size of the sporophyte. A reduction in size of the sporophyte and an increase in size of gametophyte.

Prepare a consolidated balance sheet : Prepare a consolidated Balance sheet and journal entries from the data - Balance Sheet of Big as of 2006

Time value of money comparises computing future value : Time value of money comparises computing future value of investment and Time value of money involves calculation of interest rate

Solving the utility function : Tom have only $60, and he want to spend it all on clothing (X) and food (Y), Price of clothing is $4. Find out the optimal values of both goods (Y*,X*) and Utility?

Prepare a consolidated income statement : Prepare a consolidated income statement from the given data - Consolidated Income Statement of Big For the year ended 2006

The new rotation period of the sun : Assume that the sun runs out of nuclear fuel & suddently collapses to form a white dwarf star, with a diameter equal to that of the Earth. Estimate the new rotation period of the Sun.

User Account

All Pages