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Business, 22.10.2019 01:30 dondre54

The following information has been taken from the consolidation worksheet of graham company and its 80% owned subsidiary, stage company. (1) graham reports a loss on sale of land of $5,000. the land cost graham $20,000. (2) non-controlling interest in stage's net income was $30,000. (3) graham paid dividends of $15,000. (4) stage paid dividends of $10,000. (5) excess acquisition-date fair value over book value was expensed by $6,000. (6) consolidated accounts receivable decreased by $8,000. (7) consolidated accounts payable decreased by $7,000.

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The following information has been taken from the consolidation worksheet of graham company and its...
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