(Solution) - Assume Rose Inc paid 453 000 to acquire all the common -(2025 Original AI-Free Solution)

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Assume Rose, Inc., paid $453,000 to acquire all the common stock of Mountain Corporation, and Mountain owes Rose $175,000 on a note payable. Immediately after the purchase on September 30, 2010, the two companies balance sheets follow.

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Requirement
1. Prepare the worksheet for the consolidated balance sheet of Rose, Inc.