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    paniker's Avatar
    paniker Posts: 1, Reputation: 1
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    #1

    Oct 28, 2008, 01:33 PM
    Accounting question about consolidated net income.

    Silver owns 90% of Fruit in 2009 and 2010: Fruit separate income :300,000 in 2009 and 400,000 in 2010 and fruit sale his land to silver for 30,000 with a book value of 20,000. What is the consolidate net Income for 2009 and 2010?
    Clough's Avatar
    Clough Posts: 26,677, Reputation: 1649
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    #2

    Oct 28, 2008, 09:43 PM
    Hi again, paniker

    Greetings and WELCOME to the site! I just titled and moved your question that you had posted in Introductions as a response to someone else's introduction to this topic area so that it would get the most exposure to those who are best able to answer it. Introductions is for people to introduce themselves and we try to not ask questions there.

    There is also an introduction for yourself that can be found via clicking on the following link. More information about moving things around is available there.

    https://www.askmehelpdesk.com/introd...ng-274798.html

    Thanks!
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