Question: Advanced Accounting 1 - Consolidation Worksheet Income Statement Java the Hut New Castle Coffee Adjusting Entries Adjusted T/B Eliminating Entries Consolidated Net Income Item Dr.

Advanced Accounting 1 - Consolidation Worksheet Income Statement Java the Hut New Castle Coffee Adjusting Entries Adjusted T/B Eliminating Entries Consolidated Net Income Item Dr. Cr. Dr. Cr Dr. Cr. Dr. _Cr. Dr. Cr. Dr. Sales - Coffee Sales - Beans Sales -Other Allowance for Returns - beans Allowance for Returns - other Cost of goods sold - coffee Cost of goods sold - beans Cast of goods sold - other Selling expenses Professional foods Depreciation - Bldg Depreciation - Equipment Bad debt expense Administrative salaries Other SG& A expenses Interest income money market Interest expense - nole payable Interest expense - Revolving Credit Interest Exp. Amortization of debt set up Acquisition expense Income tax provision Income from Newark Coffee Net Income (Loss) Statement of Retained Earnings Java the Hut New Castle Coffee Adjusting Entries Adjusted T/B Eliminating Entries Consolidated Retained Earnings Item Dr. Cr. Dr. Cr. Dr. Cr. Dr. Cr. Dr. Cr. Dr. Cr. Retained earnings, baginning Net income from above Dividends Declared Retained earnings - ending Balance Sheet Java the Hut New Castle Coffee Adjusting Entries Adjusted T/B Eliminating Entries Consolidated Balance Sheet Item Dr. Cr. Dr. Cr. Dr. Cr. Dr. Cr. Dr. Cr. Dr. Cr. Checking Money market account Accounts Receivable Allowance for uncollectible accounts Inventory Propaid Rem

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