Jawaban Advance S7-27 konsolidasi setelah transaksi persediaan

a.		Entries recorded by Bell on its investment in Troll:
		Cash		6,000
		Investment in Troll Corporation Stock			6,000
		Record dividends from Troll: $10,000 x .60
		Investment in Troll Corporation Stock		18,000
		Income from Subsidiary			18,000
		Record equity-method income: $30,000 x .60
b.		Eliminating entries, December 31, 20X2:
	E(1)		Income from Subsidiary	18,000
			Dividends Declared		6,000
			Investment in Troll Corporation Stock		12,000
			Eliminate income from subsidiary.
	E(2)		Income to Noncontrolling Interest	11,680
			Dividends Declared		4,000
			Noncontrolling Interest		7,680
			Assign income to noncontrolling interest:
			$11,680 = ($30,000 + $3,400 - $4,200) x .40
	E(3)		Common Stock — Troll Corporation	100,000
			Retained Earnings, January 1	50,000
			Land	18,000
			Investment in Troll Corporation Stock		100,800
			Noncontrolling Interest		67,200
			Eliminate beginning investment balance:
			$18,000 = ($82,800 + $55,200) - ($100,000 + $20,000)
			$100,800 = $82,800 + [($50,000 - $20,000) x .60]
			$67,200 = ($100,000 + $50,000 + $18,000) x .40
	E(4)		Retained Earnings, January 1	2,040
			Noncontrolling Interest	1,360
			Cost of Goods Sold		3,400
			Eliminate beginning inventory profit of
			Troll Corporation:    $3,400 = ($42,500 - $25,500) x .20
	E(5)		Sales	35,000
			Cost of Goods Sold		30,800
			Inventory		4,200
			Eliminate intercompany upstream sale of
			inventory by Troll Corporation:
			$4,200 = ($35,000 - $21,000) x .30
	E(6)		Sales	28,000
			Cost of Goods Sold		21,500
			Inventory		6,500
			Eliminate intercompany downstream sale of
			inventory by Bell Company:
			$6,500 = $13,000 x ($14,000 / $28,000)