Why-Require B-saying not-correct? Give me correct answer pleaseth Following are the individual financial...
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WhyRequire Bsaying notcorrect? Give me correct answer pleaseth Following are the individual financial statements for Gibson and Davis for the year ending December : Gibson acquired percent of Davis on April for $ On that date, equipment owned by Davis with a fiveyear remaining life was overvalued by $ Also on that date, the fair value of the percent noncontrolling interest was $ Davis earned income evenly during the year but declared the $ dividend on November Required: a Prepare a consolidated income statement for the year ending December b Determine the consolidated balance for each of the following accounts as of December : Goodwill Equipment net Common stock Buildings net Dividends declared Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Required A Required B Prepare a consolidated income statement for the year ending December Note: Enter all amounts as positive values. tableConsolidated Income StatementFor the Year Ending December Sales$ 
WhyRequire Bsaying notcorrect? Give me correct answer pleaseth
Following are the individual financial statements for Gibson and Davis for the year ending December :
Gibson acquired percent of Davis on April for $ On that date, equipment owned by Davis with a fiveyear remaining life was overvalued by $ Also on that date, the fair value of the percent noncontrolling interest was $ Davis earned income evenly during the year but declared the $ dividend on November
Required:
a Prepare a consolidated income statement for the year ending December
b Determine the consolidated balance for each of the following accounts as of December :
Goodwill
Equipment net
Common stock
Buildings net
Dividends declared
Answer is complete but not entirely correct.
Complete this question by entering your answers in the tabs below.
Required A
Required B
Prepare a consolidated income statement for the year ending December
Note: Enter all amounts as positive values.
tableConsolidated Income StatementFor the Year Ending December Sales$
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