Author: A. Smith
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Instructions and Requirements Please access and download the following file for Module 6 and the Portfolio Project in Module 8: P-card Student Case Study
1) Prepare the following consolidation and equity accounting entries for Purple Co. and its subseries and Associate for the year ended 31 December 20X5. CJE1: Elimination of investment in Yellow Co.; Dr. share capital (Yellow Co.) $ 3,120,000 Dr. Retained Earnings (Yellow Co.) $ 3,510,000 Dr. Goodwill $ 1,560,000 Cr.