P Comprehensive Problem: Differential Apportionment
Prince Corporation acquired percent of Sword Company on January X for $ The trial balances for the two companies on December X included the following amounts:
tableItemPrince Corporation,Sword CompanyDebitCredit,Debit,CreditCash$$Accounts Receivable,InventoryLandBuildings & Equipment,Investment in Sword Company,Cost of Goods Sold,Depreciation Expense,Other Expenses,Dividends Declared,Accumulated Depreciation,,$$