b. Prepare a summary of intercompany bond transactions including the gain or loss for each...
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Accounting
b Prepare a summary of intercompany bond transactions including the gain or loss for each
company before tax as well as the effect on the consolidated entity. marks
c Prepare a summary of the intercompany interest revenues and expenses beforetax
marks
d Prepare a detailed calculation of consolidated net income for marks
e Prepare Pro's consolidated income statement for the year ended December Show
the allocation of consolidated net income between the controlling and noncontrolling
shareholders. marks
f Prepare a detailed calculation of consolidated retained earnings as at January i Prepare a calculation of noncontrolling interest as at December marks
j Prepare Pro's Consolidated Balance Sheet as at December marks
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