Chapter 7 Check Figures Baker, Christensen, Cottrell Essentials
of Advanced Financial Accounting E7-4 E7-6 E7-8 E7-9 E7-10 E7-11
E7-12 E7-13 E7-14 E7-15 E7-17 E7-18 E7-19 E7-20 E7-21 E7-22 E7-23A
P7-24 P7-25 P7-27 P7-30 P7-31 P7-32 P7-33 P7-34 P7-35 P7-36 P7-37
P7-38 P7-39A P7-40A P7-41A P7-42A c. $38,000 b. Net Adjustment
Accumulated Depreciation $14,000 b. Net Adjustment Accumulated
Depreciation $115,000 b. Net Adjustment Accumulated Depreciation
$80,000 c. Net Adjustment Accumulated Depreciation $78,000 a.
$142,500 a. Investment in Andrews Co. $10,500 a. 20X4: Income to
Controlling Interest $110,000 b. 20X4: Income to Controlling
Interest $116,250 a. $80,000 e. $51,000 b. Income to Controlling
Interest $160,700 c. $283,000 c. Increase Accumulated Depreciation
$57,000 b. Increase Accumulated Depreciation $138,000 c. $66,500 d.
$2,650 b. Income to Controlling Interest $2,815,250 a. Income from
TV Sales Co. $45,500 b. Dividend Income $13,000 a. Income to
Controlling Interest $43,900 a. Net Income $94,400 b. Accumulated
Depreciation $168,000 g. Income to Noncontrolling Interest $26,800
c. Net Income $90,000 b. NCI in NA of Temple Corp. $104,000 b. NCI
in NA of Lane Co. $52,400 b. NCI in NA of Lane Co. $54,400 b. NCI
in NA of Skate Co. $53,400 a. $4,710 f. $122,600 k. $375,800 b. NCI
in NA of Block Corp. $25,500 d. NCI in NA of Schmid Dist. $999,000
Consolidated Retained Earnings, December 31, 20X8: $449,000 c.
Retained Earnings, December 31, 20X4: $213,135 d. NCI in NA of Lane
Co. $54,400 d. NCI in NA of Lane Co. $53,000
