Hello,

I have this project due on December 3rd. I am struggling with this project and I need somebody to guide me because my professor has been no help.

I look forward to hearing a back from someone!

1. Complete the worksheets for 20X4-6. 2. Show how the Controlling and Non-controlling shares of Income from S were arrived at in X5 and X6.

CONSOLIDATION WORKSHEET PROBLEM Venuti Prepare the corresponding consolidating worksheets based on the following facts. Companies involved: Parent and Sub. Date of acquisition: Jan. 1, 20X3 Date of the worksheets you must prepare: December 31, " " Percentage of common shares of S owned by P Price paid by P 20X4 20X5 20X6 $ At the time of acquisition these were some values concerning S: Common stock Aditional paid-in capital Retained earnings Years Inventories