Since 2010 holden has owned 100 of jackson and uses the


Since 2010, Holden has owned 100% of Jackson and uses the equity method to account for its investment in Jackson. Holden has a fiscal year end of December 31 and Jackson has a fiscal year end of October 31. The following information is available: Holden Net Income January 1 - October 31, 2012 $8,000,000 Holden Net Income November 1- December 31, 2012 $2,000,000 Jackson Net Income November 1- December 31, 2011 $200,000 Jackson Net Income January 1, - October 31, 2012 $1,000,000 Jackson Net Income November 1- December 31, 2012 $300,000 Holden is preparing consolidated financial statements for 2012. The last time Jackson issued financial statements was for the year ended October 31, 2011.what is the worksheet entry of holden??? 

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Financial Accounting: Since 2010 holden has owned 100 of jackson and uses the
Reference No:- TGS01227203

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