USCPA 過去問 Consolidation



Consolidation のルールは、A社がB社に対してCommon stock の持ち株が

0~20% Dividend

20%~50% 持分法適用 Equity Method

50%~ Consolidation Ownership control


Information pertaining to dividends from Wray Corp.'s common stock investments for the current year ended December 31 follows:
・On September 8, Wray received a $50,000 cash dividend from Seco, Inc., in which Wray owns a 30% interest. A majority of Wray's directors are also directors of Seco.
ー>30% Interest は、Equity Method になるので、Dividend対象外
・On October 15, Wray received a $6,000 liquidating dividend from King Co. Wray owns a 5% interest in King Co.
ー>Liquidating Dividend は、Investment 勘定を下げる働きをする。
・Wray owns a 2% interest in Bow Corp., which declared a $200,000 cash dividend on November 27, to stockholders of record on December 15, payable on January 5 of next year. 
ー>2%なので、Dividend 対象となる。これだけ計算しましょう

What amount should Wray report as dividend income in its income statement for the current year ended December 31?

  • $60,000
  • $56,000
  • $10,000
  • $ 4,000




 Common Stock では、上記の0~20~50%~Equity Method ルールが適用されます。

Preferred Stock では、持ち株比率に関係なく、Cost Method を適用するため、Dividend income を常に認識します。


Anchor Co. owns 40% of Main Co.'s common stock outstanding and 75% of Main's noncumulative preferred stock outstanding. Anchor exercises significant influence over Main's operations. During the current period, Main declared dividends of $200,000 on its common stock and $100,000 on its noncumulative preferred stock. What amount of dividend income should Anchor report on its income statement for the current period related to its investment in Main?
  • $ 75,000
  • $ 80,000
  • $120,000
  • $225,000


Common stock は Equity Method 40%なので、Dividend income は認識しません。

Preferred stock は対象となる。100000 x 0.75 = 75000





Larkin Co. has owned 25% of the common stock of Devon Co. for a number of years, and has the ability to exercise significant influence over Devon. The following information relates to Larkin's investment in Devon during the most recent year:

Carrying amount of Larkin's investment in Devon at the beginning of the year $200,000
Net income of Devon for the year 600,000
Total dividends paid to Devon's stockholders during the year 400,000

What is the carrying amount of Larkin's investment in Devon at year end?

  • $100,000
  • $200,000
  • $250,000
  • $350,000



+期首簿価 200000   | 

+Net income (持ち株分)  | -Dividend received 

 (600000x25%)=150000   |  (400000x25%)=100000


Net : 250000 Year end Investment Account






Grant, Inc. acquired 30% of South Co.'s voting stock for $200,000 on January 2, year 3. Grant's 30% interest in South gave Grant the ability to exercise significant influence over South's operating and financial policies. During year 3, South earned $80,000 and paid dividends of $50,000. South reported earnings of 100,000 for the six months ended June 30, year 4, and $200,000 for the year ended December 31, year 4. On July 1, year 4, Grant sold half of its stock in South for $150,000 cash. South paid dividends of $60,000 on October 1, year 4.

① Before income taxes, what amount should Grant include in its year 3 income statement as a result of the investment?

  • $15,000
  • $24,000
  • $50,000
  • $80,000


問題で聞かれていたのは、yr3のIncome statementのみだったんで、




80000x0.3 = 24000 

Paid Dividends 分の50000は、ちゃらになるから、Investment 勘定を下げます!!!


② In Grant's December 31, year 3 balance sheet, what should be the carrying amount of this investment?

Investment の期末残高の出し方は、先ほどと同じ、T勘定で。



+期首investment 200000     |

+年間Income x 持株分30%  |   ー配当x持株分30% 50000 x 0.3=15000

(80000x0.3=24000)              |




③ In its year 4 income statement, what amount should Grant report as gain from the sale of half of its investment?

4年目に、stock の半分を150000で売却したときの売却益を聞かれてます。

半分のStock の簿価がいくらかだして、それと売却価格の差額を求めればいいですね。




期首簿価 209000                 |

+年間Income                         |   - Dividend 無

100000 x 30% = 30000          |


Net:239000 4年目の簿価。この内半分を売ったので、

239000/2 = 119500 (簿価)

これを、150000 で売りましたので、利益は差額の30500