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Get the free Consolidated Balance Sheets as of March 31, 2013 and December 31, 2012

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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549FORM 10Q (Mark One) QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly
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01
To fill out consolidated balance sheets, follow these steps:
02
Gather all the financial statements of the parent company and its subsidiaries.
03
Identify the assets, liabilities, and equity of each entity.
04
Eliminate any intra-group transactions, such as intercompany sales or loans.
05
Combine the financial data of all entities to create a consolidated statement.
06
Adjust for any minority interest or non-controlling interests.
07
Calculate the consolidated totals for assets, liabilities, and equity.
08
Present the consolidated balance sheet in a clear and organized format, following applicable accounting standards.
09
Review and verify the accuracy of the consolidated balance sheet before finalizing.

Who needs consolidated balance sheets as?

01
Consolidated balance sheets are needed by:
02
- Companies that have subsidiaries or controlling interests in other entities.
03
- Investors and stakeholders who want a comprehensive view of the financial position of a corporate group.
04
- Regulatory bodies and government agencies for compliance and oversight purposes.
05
- Creditors and lenders to assess the creditworthiness and financial stability of the corporate group.
06
- Financial analysts and researchers to analyze the performance and growth potential of the corporate group.
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Consolidated balance sheets show the financial position of a company and its subsidiaries as a single entity.
Companies with subsidiaries are required to file consolidated balance sheets.
Consolidated balance sheets are filled out by combining the financial information of the main company and its subsidiaries.
The purpose of consolidated balance sheets is to provide a comprehensive view of the financial health of a company and its subsidiaries.
Consolidated balance sheets must report assets, liabilities, equity, revenue, and expenses of the main company and its subsidiaries.
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