Question: Current Attempt in Progress Price Company purchased 9 0 % of the outstanding common stock of Score Company on January 1 , 2 0
Current Attempt in Progress
Price Company purchased of the outstanding common stock of Score Company on January for $ At that time, Score Company had stockholders' equity consisting of common stock, $; other contributed capital, $; and retained earnings, $ On December trial balances for Price Company and Score Company were as follows:
Price Company's note receivable is receivable from Score Company. Interest of $ was paid by Score to Price during Any difference between book value and the value implied by the purchase price relates to goodwill.
Prepare a consolidated statements workpaper on December List items that increase retained earnings first.
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