the balance sheet of the mutter tochter companies as of 31 december x1 is given in t 4374995

The balance sheet of the Mutter & Tochter companies, as of 31 December X1, is given in the following table (Mutter Co. is the parent and Tochter Co. is the subsidiary). Separate balance sheets as at 31 December X1 (000 CU) The income statement of the Mutter & Tochter companies, for the year ending 31 December X1, are given in the following table. Separate income statement for the year ending 31 December X1 (000 CU) Required 1. Prepare the consolidated balance sheet using successively each of the following methods: • Full consolidation • Equity method • Proportionate consolidation (optional question) 2. Prepare the consolidated income statement using successively each of the following methods: • Full consolidation • Equity method • Proportionate consolidation (optional question). View Solution:
The balance sheet of the Mutter Tochter companies as

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