Using the information presented in Problem 7-4, prepare a consolidated financial statements workpaper for the year ended

Question:

Using the information presented in Problem 7-4, prepare a consolidated financial statements workpaper for the year ended December 31, 2012, using the trial balance format.

Financial Statements
Financial statements are the standardized formats to present the financial information related to a business or an organization for its users. Financial statements contain the historical information as well as current period’s financial...