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Consolidation worksheet for Proud Corporation and Spirited Company, illustrating financial data under the equity method for a 80% ownership acquisition.

Financial consolidation worksheet showing trial balances for Proud Corporation and Spirited Company, including assets, liabilities, equity, income, and expenses, with a focus on the equity method accounting for a 80% acquisition.

Financial consolidation worksheet showing trial balances for Proud Corporation and Spirited Company, including assets, liabilities, equity, income, and expenses, with a focus on the equity method accounting for a 80% acquisition.

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