Full name Students' ID

Tran Le Phuong Thao 11215465

Hoang Mai Linh 11218975
Nguyen Phuong Mai 11213683

Question P2-30

MARSHALL COMPANY AND CONSOLIDATED SUBSIDIARY

Worksheet
January 1, 2021

Accounts Mashall Company Tucker Company

Cash 36000 18000
Receivables 116000 52000
Inventory 140000 90000
Investment in Tucker 495000 0
Buildings (net)
Equipment (net) 210000 20000
Investment in Tucker 595000 130000
Total assets 308000 40000
Account payable 0 0
Long-term liabilities 0 0
Common stock 0 0
Additional Paid in Capital 1990000 350000
Retain earnings 1/1/2021 -88000 -25000
Total liabilities and equity -510000 -60000
-380000 -100000
-170000 -25000
-752000 -140000
-1990000 -350000
D CONSOLIDATED SUBSIDIARY
rksheet
ry 1, 2021
consolidation Entries
debit credit consolidated totals

265000
230000
50000

100000
40000
55000

5000
100000
25000
140000
510000 510000