On june 1, 2014, puell company acquired 100% of the stock of sorrell inc on this date, puell had retained earnings of $100,000 and sorrell had retained earnings of $50,000.on december 31, 2014, puell had retained earnings of $120,000 and sorrell had retained earnings of $60,000. the amount of retained earnings that appeared in the december 31, 2014 consolidated balance sheet was

$120,000

Explanation:

Reason: The amount of retained earnings as on 31st December, 2014 in the consolidated balance sheet is $120,000 because, the parent company in the given case is puell co. As it has acquired 100% of the stock. Therefore, as on 31st December 2014 the parents company's retained earnings of $120,000 should appear in the consolidated balance sheet

idk just tryinna get some points skskksksks

no, a company likes to look at potential employees that are professional, well mannered, clean, honest, etc. don't show up looking/acting like a clown. (unless that's your job xd) hope this ! =^-^=