Selected account balances from the two companies individual records were as follows Phoenix Sedona 2018 Revenues$606,000 $312,600

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Selected account balances from the two companies individual records were as follows

Phoenix Sedona

2018 Revenues$606,000 $312,600

2018 Expenses 386,000 205,000

2018 Income from Sedona 81,900

Retained earnings 123118 355,900 211,100

What is Phoenix's consolidated retained earnings balance at December 31, 2018?

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Managerial Accounting

ISBN: 978-0073379586

2010 Edition

Authors: John J. Wild, Ken W. Shaw

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Posted Date: Jan 24, 2021 04:39 AM

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Selected account balances from the two companies individual records were as follows Phoenix Sedona 2018 Revenues$606,000 $312,600

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Managerial Accounting

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