The Following Comparative Consolidated Trial Balances Apply to Pembina Company

question 21

Essay

The following comparative consolidated trial balances apply to Pembina Company and its subsidiary Scranton Company (80% interest) for the fiscal year ended 12/31/X5:
The following events occurred during the year:
a)No trading securities were sold nor were any investments added to the portfolio.
b)Sold land, book value $25,000, for $80,000.
c)Purchased equipment with a cost of $50,000 to replace equipment, book value $13,000, that was sold for $10,000.
d)Dividends declared and paid: Pembina $50,000; Scranton $40,000.
e)Consolidated net income: $234,000.
Required:
Prepare the consolidated statement of cash flows for the year ended December 31, 20X5, for Pembina and its subsidiary.

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Definitions:

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Features of stimuli that are perceived as a whole, where the arrangement and holistic aspects matter more than the sum of individual components.

Qualities Of Personality Judges

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Age Of The Target

This term likely refers to the specific age or age group that is the focus of a study, policy, or marketing campaign.