Painter Company and Subsidiary Solvent Company Consolidated Income Statement

Feb 3rd, 2012
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Liberty University
Course: ACCT
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Advanced Accounting 4.2 Painter Company and Subsidiary Solvent Company Consolidated Income Statement For the Year Ended December 31, 20X1 Sales ($250,000 + $500,000 – $100,000) $ 650,000 Cost of goods sold [$150,000 + $310,000 – $100,000 + (40% × $20,000)] 368,000

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