Consolidations: 合并:
Q 1: The acquirer, Poe, is to recognize the assets acquired, the liabilities assumed, and any noncontrolling interest in the acquiree, Shaw, at the acquisition, measured at their fair values as of that date. If the fair value of the noncontrolling interest isn't provided you must compute or infer its fair value. As there is no market price of Shaw's stock on the acquisition date given, we can infer that the fair value of the noncontrolling interest is proportionate to the value of consideration transferred by Poe. After calculating the amount of noncontrolling interest on the acquisition date, you must then include the net income or loss for the year and any dividends attributable to the noncontrolling interest.
问 1:收购方 Poe 应在收购时确认收购的资产、承担的负债以及被收购方 Shaw 的任何非控制性权益,并按该日期的公允价值计量。如果未提供非控制性权益的公允价值,则必须计算或推断其公允价值。由于在给出的收购日期没有Shaw股票的市场价格,我们可以推断出非控制性权益的公允价值与Poe转让的对价价值成正比。在计算了收购日期的非控制性权益金额后,您必须将当年的净收入或亏损以及归属于非控制性权益的任何股息包括在内。
Amount of purchase price by Poe 爱伦·坡的购买价格金额 |
$270,000 |
Divided by: Percent acquired by Poe 除以:爱伦·坡收购的百分比 |
/ 0.90 |
Fair Value for Total Consideration 总对价的公允价值 |
300,000 |
Times: Portion attributable to the non-controlling interest (100% - 90%) 倍数:非控股权益部分(100% - 90%) |
x 0.10 0.10 倍 |
Non-controlling interest, January 2 非控制性权益,1月2日 |
30,000 |
Plus: Share of net income (10% × $70,000) 加:净收入份额(10% × 70,000 美元) |
7,000 |
Less: Share of dividends paid (10% × $30,000) 减:已支付股息的份额(10% × 30,000 美元) |
(3,000) |
Non-controlling interest, December 31 非控制性权益,12月31日 |
$34,000 |
Q 2: Poe is required to recognize goodwill as of the acquisition date, measured as a residual, as the excess of the consideration transferred plus the fair value of any non-controlling interest in Shaw over the fair values of the identifiable net assets acquired.
问 2:Poe需要确认截至收购日期的商誉(以残余金额计量),即转让的对价加上Shaw的任何非控制性权益的公允价值超过所收购的可辨认净资产的公允价值的超额部分。
Consideration transferred 对价转移 |
$270,000 |
Plus: Noncontrolling interest 加:非控制性权益 |
30,000 |
Aggregate amount 总金额 | 300,000 |
Less: Fair value of net assets acquired (Shaw's stockholders' equity $150,000 + excess of fair value over carrying amount of the land $100,000) 减:取得的净资产的公允价值(邵氏股东权益 150,000 美元 + 公允价值超出土地账面价值的 100,000 美元) |
(250,000) |
Total Goodwill 总商誉 | $50,000 |
Q 3: The intercompany equipment sale resulted in an unrealized gain of $21,000 ($36,000 proceeds received - $15,000 carrying amount) to Shaw, that must be eliminated from consolidated net income. In addition, consolidated net income must be increased by $7,000 [($36,000 cost to Poe / 3) - ($15,000 carrying amount to Shaw / 3)] to eliminate the excess depreciation recorded by Poe, because consolidated depreciation expense must be based upon the equipment cost to the consolidated entity.
问 3:公司间设备出售给 Shaw 带来了 21,000 美元的未实现收益(收到的收益为 36,000 美元 - 账面价值为 15,000 美元),必须从合并净收入中扣除。此外,合并净收入必须增加 7,000 美元 [(Poe / 3) 的 36,000 美元成本)-(Shaw / 3 的账面金额为 15,000 美元)],以消除 Poe 记录的超额折旧,因为合并折旧费用必须基于对合并实体的设备成本。
Unrealized gain recognized by Shaw from Shaw 确认的未实现收益来自 |
|
Equipment sale 设备销售 | $21,000 |
Less: Excess depreciation recognized by Poe 减:爱伦·坡确认的超额折旧 |
(7,000) |
Adjustment for intercompany equipment transfer 公司间设备转移的调整 |
$14,000 |
Q 4: The intercompany equipment sale resulted in an unrealized gain of $21,000 ($36,000 proceeds received - $15,000 carrying amount) to Shaw, which must be eliminated from consolidated net income. In addition, consolidated net income must be increased by $7,000 [($36,000 cost to Poe / 3) - ($15,000 carrying amount to Shaw / 3)] to eliminate the excess depreciation recorded by Poe, because consolidated depreciation expense must be based upon the equipment cost to the consolidated entity.
问 4:公司间设备出售给 Shaw 带来了 21,000 美元的未实现收益(收到的收益 36,000 美元 - 账面价值 15,000 美元),这必须从合并净收入中扣除。此外,合并净收入必须增加 7,000 美元 [(Poe / 3) 的 36,000 美元成本)-(Shaw / 3 的账面金额为 15,000 美元)],以消除 Poe 记录的超额折旧,因为合并折旧费用必须基于对合并实体的设备成本。
Unrealized gain recognized by Shaw from Shaw 确认的未实现收益来自 |
|
Equipment sale 设备销售 | $21,000 |
Less: Excess depreciation recognized by Poe 减:爱伦·坡确认的超额折旧 |
(7,000) |
Adjustment for intercompany equipment transfer 公司间设备转移的调整 |
$14,000 |
Q 5: When one company sells merchandise to an affiliate at a price above cost, the ending inventory of the purchasing affiliate contains an element of unrealized gross profit. The gross profit is not realized to the economic entity until the inventory is sold to an unaffiliated company, and thus must be eliminated in the preparation of consolidated financial statements.
问 5:当一家公司以高于成本的价格向关联公司销售商品时,采购关联公司的期末存货包含未实现毛利润的要素。在将存货出售给非关联公司之前,经济实体的毛利润不会实现,因此在编制合并财务报表时必须予以消除。
Poe's 12/31 inventory acquired from Shaw ($60,000 x 50%) Poe 从 Shaw 收购的 12/31 库存(60,000 美元 x 50%) |
$ 30,000 |
Times: Shaw's gross profit percentage ($20,000 / $60,000) Times: Shaw's 毛利率百分比 ($20,000 / $60,000) |
x 1/3 |
Adjustment for unrealized intercompany profit in Poe's 12/31 inventory Poe 12/31 存货中未实现的公司间利润调整 |
$10,000 |
Q 6: When one company sells merchandise to an affiliate at a price above cost, the ending inventory of the purchasing affiliate contains an element of unrealized gross profit. The gross profit is not realized to the economic entity until the inventory is sold to an unaffiliated company, and thus must be eliminated in the preparation of consolidated financial statements.
问 6:当一家公司以高于成本的价格向关联公司销售商品时,采购关联公司的期末存货包含未实现毛利润的要素。在将存货出售给非关联公司之前,经济实体的毛利润不会实现,因此在编制合并财务报表时必须予以消除。
Poe's 12/31 inventory acquired from Shaw ($60,000 x 50%) Poe 从 Shaw 收购的 12/31 库存(60,000 美元 x 50%) |
$30,000 |
Times: Shaw's gross profit percentage ($20,000 / $60,000) Times: Shaw's 毛利率百分比 ($20,000 / $60,000) |
x 1/3 |
Adjustment for unrealized intercompany profit in Poe's 12/31 inventory Poe 12/31 存货中未实现的公司间利润调整 |
$10,000 |
Q 7: To the consolidated entity, the acquisition of an affiliate's debt from an outside party is the equivalent of retiring the obligation. Therefore, the consolidated entity must immediately recognize any difference between the price paid and the carrying amount of the bonds retired as a gain or loss. Carrying amount of Shaw's bonds purchased by Poe: $100,000
问 7:对于合并实体而言,从外部方收购关联公司的债务等同于偿还债务。因此,合并实体必须立即将支付的价格与偿还债券的账面价值之间的任何差额确认为损益。爱伦·坡购买的邵氏债券账面价值:100,000 美元
Q 8: To the consolidated entity, the acquisition of an affiliate's debt from an outside party is the equivalent of retiring the obligation. Therefore, the consolidated entity must immediately recognize any difference between the price paid and the carrying amount of the bonds retired as a gain or loss. Carrying amount of Shaw's bonds purchased by Poe: $100,000
问 8:对于合并实体而言,从外部方收购关联公司的债务等同于偿还债务。因此,合并实体必须立即将支付的价格与偿还债券的账面价值之间的任何差额确认为损益。爱伦·坡购买的邵氏债券账面价值:100,000 美元
Q 9: No consolidating entry affects the Cash account. Therefore, the amount to be reported for cash in the consolidated financial statements is the sum of the amounts on Poe's and Shaw's separate unconsolidated financial statements.
问 9:没有合并分录影响现金账户。因此,合并财务报表中应报告的现金金额是Poe和Shaw各自未合并财务报表上的金额之和。
Q 10: The amount reported for equipment in consolidated financial statements (CFS) must be based upon the equipment cost to the consolidated entity. Due to the intercompany equipment sale, the amount reported for equipment in the CFS must be decreased by $6,000, the excess of the equipment's $36,000 cost to Poe (the purchasing affiliate) over the equipment's cost of $30,000 to both Shaw and the consolidated entity. Thus, the amount to be reported for equipment in the CFS is $794,000 [i.e., ($440,000 - $6,000) + $360,000]. This amount is less than the sum of the amounts on Poe's and Shaw's separate unconsolidated financial statements but not the same as the amount on either [i.e., $794,000 < ($440,000 + $360,000)].
问 10:合并财务报表 (CFS) 中报告的设备金额必须以合并实体的设备成本为基础。由于公司间设备销售,在粮安委中报告的设备金额必须减少 6,000 美元,即 Poe(采购关联公司)的设备 36,000 美元成本超过 Shaw 和合并实体的设备成本 30,000 美元的超出部分。因此,粮安中心内设备报告的金额为794,000美元[即(440,000美元至6,000美元)+360,000美元]。这一数额小于Poe和Shaw各自未合并财务报表上的数额之和,但与两者的数额不同[即794,000美元<(440,000美元+360,000美元)]。
Q 11: The Investment in a Subsidiary account is eliminated entirely in the consolidation process so that the subsidiary's individual assets and liabilities can be combined with the parent company accounts.
问 11:在合并过程中,对子公司账户的投资被完全消除,以便子公司的个别资产和负债可以与母公司账户合并。
Q 12: To the consolidated entity, the acquisition of 50% of Shaw's outstanding bonds by Poe from an outside party is the equivalent of retiring the bonds. The amount to be reported for bonds payable in the consolidated financial statements is $100,000 [i.e., $0 + ($200,000 x 50%)]. This amount is less than the sum of the amounts on Poe's and Shaw's separate unconsolidated financial statements but not the same as the amount on either [i.e., $100,000 < ($0 + $200,000)].
问 12:对于合并实体而言,Poe 从外部方收购 Shaw 50% 的未偿债券相当于收回债券。在合并财务报表中应报告的债券金额为 100,000 美元 [即 0 美元 + (200,000 美元 x 50%)]。这一数额小于Poe和Shaw各自未合并财务报表上的数额之和,但与两者的数额不同[即100,000美元<(0美元+200,000美元)]。
Q 13: While no amount is reported for a minority interest in the separate unconsolidated financial statements of Poe and Shaw, an amount for minority interest must be presented in the consolidated balance sheet because Poe did not acquire complete ownership of Shaw.
问 13:虽然在Poe和Shaw的单独未合并财务报表中没有报告少数股东权益的金额,但由于Poe没有获得Shaw的全部所有权,因此必须在合并资产负债表中列报少数股东权益的金额。
Q 14: The subsidiary's stockholders' equity accounts are eliminated through consolidation so that only the asset and liability accounts of the subsidiary remain to be combined with the parent company accounts. Therefore, the amount to be reported for common stock in the consolidated financial statements is the same as the amount as reported for Poe in its separate unconsolidated financial statements.
问 14:通过合并方式,将子公司的股东权益账户冲销,只剩下子公司的资产负债账户与母公司账户合并。因此,在合并财务报表中报告的普通股金额与Poe在其单独的未合并财务报表中报告的金额相同。
Q 15: The subsidiary's stockholders' equity accounts are eliminated through consolidation so that only the asset and liability accounts of the subsidiary remain to be combined with the parent company accounts. Therefore, the amount to be reported for beginning retained earnings in the consolidated financial statements is the same as the amount as reported for Poe in its separate unconsolidated financial statements.
问 15:通过合并方式,将子公司的股东权益账户冲销,只剩下子公司的资产负债账户与母公司账户合并。因此,合并财务报表中期初留存收益的报告金额与Poe在其单独的未合并财务报表中报告的金额相同。
Q 16: The subsidiary's stockholders' equity accounts are eliminated through consolidation so that only the asset and liability accounts of the subsidiary remain to be combined with the parent company accounts. Therefore, the amount to be reported for dividends paid in the consolidated financial statements is the same as the amount reported for Poe in its separate unconsolidated financial statements.
问 16:通过合并方式,将子公司的股东权益账户冲销,只剩下子公司的资产负债账户与母公司账户合并。因此,在合并财务报表中报告的已支付股息金额与Poe在其单独的未合并财务报表中报告的金额相同。
Q 17: To the consolidated entity, the acquisition of Shaw's bonds by Poe from an outside party is the equivalent of retiring the bonds. The consolidated entity includes the excess of the $100,000 carrying amount of the bonds over the $91,000 price paid by Poe as a $9,000 gain on the early extinguishment of debt in consolidated net income. The gain on the retirement of the bonds is reported in the consolidated financial statements, but not in the separate unconsolidated financial statements of Poe and Shaw.
问 17:对于合并后的实体来说,Poe从外部方收购Shaw的债券相当于收回债券。合并实体将债券的100,000美元账面金额超过Poe支付的91,000美元价格,作为合并净收入中提前偿还债务的9,000美元收益。债券的退市收益在合并财务报表中报告,但未在Poe和Shaw的单独未合并财务报表中报告。
Q 18: In recording the intercompany sale of the inventory to Poe, Shaw recognized the cost of goods sold (COGS) of $40,000 (i.e., $60,000 - $20,000). From a consolidated perspective, the sale to Poe (the affiliated company) did not occur. Thus, the consolidated cost of goods sold must be decreased by $40,000 as a result of the intercompany sale. In recording the later sale of half of the same inventory to an unaffiliated customer, Shaw recognized COGS of $30,000 (i.e., $60,000 x 50%). However, consolidated COGS is based upon the cost of the inventory to the consolidated entity (i.e., $40,000). The amount of consolidated COGS that should be recognized from the sale of half of the inventory to the unaffiliated customer is $20,000 (i.e., $40,000 x 50%). Consolidated COGS must be decreased by $10,000 (i.e., $30,000 - $20,000), the excess of the amount of COGS recognized by Shaw on the sale to the unaffiliated customer over the amount that should be recognized by the consolidated entity. Therefore, consolidated COGS must be decreased by $50,000 (i.e., $40,000 + $10,000). Thus, the amount to be reported for COGS in the consolidated financial statements is $810,000 (i.e., $490,000 + $370,000 - $40,000 - $10,000). This amount is less than the sum of the amounts on Poe's and Shaw's separate unconsolidated financial statements, but not the same as the amount on either [i.e., $810,000 < ($490,000 + $370,000)].
问 18:在记录公司间向 Poe 出售存货的情况时,Shaw 确认的销货成本 (COGS) 为 40,000 美元(即 60,000 美元至 20,000 美元)。从合并的角度来看,并未发生对Poe(关联公司)的出售。因此,由于公司间销售,所售货物的综合成本必须减少 40,000 美元。在记录后来向非关联客户销售同一库存的一半时,Shaw 确认了 30,000 美元(即 60,000 美元 x 50%)的销货成本。但是,合并 COGS 是基于合并实体的存货成本(即 40,000 美元)。应从向非关联客户出售一半存货中确认的合并销货成本为 20,000 美元(即 40,000 美元 x 50%)。合并 COGS 必须减少 10,000 美元(即 30,000 美元 - 20,000 美元),即 Shaw 在向非关联客户销售时确认的 COGS 金额超过合并实体应确认的金额。因此,合并 COGS 必须减少 50,000 美元(即 40,000 美元 + 10,000 美元)。因此,在合并财务报表中报告的COGS金额为810,000美元(即490,000美元+370,000美元-40,000美元-10,000美元)。这一数额小于Poe和Shaw各自未合并财务报表上的数额之和,但与两者的数额不同[即810,000美元<(490,000美元+370,000美元)]。
Q 19: (A is also correct.) Poe purchased bonds issued by Shaw on 12/31. The bonds pay interest annually on December 31 of each year, and the interest was paid to the prior investor immediately before Poe's purchase of the bonds. Thus, no consolidating entry affects the Interest Expense account. Since Poe did not report any interest expense, the amount to be reported for interest expense in the consolidated financial statements is the same as the amount Shaw reports in its separate unconsolidated financial statements.
问题 19:(A 也是正确的。爱伦·坡于12月31日购买了邵逸夫发行的债券。这些债券每年在每年的12月31日支付利息,利息是在Poe购买债券之前支付给先前的投资者的。因此,没有合并分录会影响利息支出账户。由于Poe没有报告任何利息支出,因此在合并财务报表中报告的利息支出金额与Shaw在其单独的未合并财务报表中报告的金额相同。
Q 20: Consolidated depreciation expense is based upon the cost of depreciable plant assets to the consolidated entity. Therefore, the expense must be decreased by $7,000 [i.e., ($36,000 cost to Poe / 3) - ($15,000 carrying amount to Shaw / 3)] to eliminate the excess depreciation recorded by Poe, the purchasing affiliate. Thus, the amount to be reported for depreciation expense in the consolidated financial statements is $38,000 [i.e., ($25,000 - $7,000) + $20,000]. This amount is less than the sum of the amounts on Poe's and Shaw's separate unconsolidated financial statements but not the same as the amount on either [i.e., $38,000 < ($25,000 + $20,000)].
问20: 合并折旧费用基于合并实体的可折旧工厂资产成本。因此,费用必须减少 7,000 美元 [即(Poe / 3) 的 36,000 美元成本)- (Shaw / 3 的 15,000 美元账面金额)]],以消除采购关联公司 Poe 记录的超额折旧。因此,在合并财务报表中报告的折旧费用金额为38,000美元[即(25,000-7,000美元)+20,000美元]。这一数额小于Poe和Shaw各自未合并财务报表上的数额之和,但与两者的数额不同[即38,000美元<(25,000美元+20,000美元)]。