Problem

Determining Financial Statement Effects of Equity Method SecuritiesUsing the following cat...

Determining Financial Statement Effects of Equity Method Securities

Using the following categories, indicate the effects of the transactions listed in M12-7. Use + for increase and - for decrease and indicate the accounts affected and the amounts.

 

Balance Sheet

Income Statements

Transaction

Assests

Liabilities

Stockholders′

Equity

Revenues

Expenses

Net Income

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