How was the income from subsidiary calculated by Feustel Company? $30400 What is the income…

How was the income from subsidiary calculated by Feustel Company? $30400 What is the income attributable to NCI and how was it calculated?

b. Do a proof of the investment account and NCI account at 12/31/18 and 12/31/19. I am looking for you to tell me what comprises the balance in these accounts (BV Sub Equity + ….). Note: You have all the information you would need to calculate both beginning and ending investment balances! Do not do a rollforward where you start with 12/31/18 and then put in current year activity to get the 12/31/19 balance. That is not what I mean by proof.

c. Prepare the entries required under the equity method on Feustel’s pre-consolidation books for 2019.

d. Prepare the consolidation entries for 2019. Every CEADI entry is required to do this consolidation.

e. Prepare the consolidation spreadsheet. What is provided in the Excel document is the same as the information provided above. Add or delete rows if necessary to accommodate your

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