3. On December 31, 2014, Jenna OYJ purchased a building from Mikko OYJ for $2,000,000. At that...

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3. On December 31, 2014, Jenna OYJ purchased a building from Mikko OYJ for $2,000,000. At that date, the building had a book value of $1,500,000 and a remaining useful life of 20 years. Jenna OYJ depreciated the building using the straight-line method.

REQuIRED: Prepare consolidation workpapers for Mikko OYJ and Subsidiary for the year ended December 31, 2014.

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Advanced Accounting

ISBN: 9781292214597

13th Global Edition

Authors: Joseph H. Anthony, Bruce Bettinghaus, Floyd A. Beams, Kenneth Smith

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