a. Consolidation entries needed at December 31, 20X8, in order to finish three-part consolidation worksheet.(If no entry is required for a transaction/event, select "No journal entry required" in the first account field.)

b. Three-part worksheet for 20X8 in good form.(Values in the first two columns (the "parent" and "subsidiary" balances) that are to be deducted should be indicated with a minus sign, while all values in the "Consolidation Entries" columns should be entered as positive values. For accounts where multiple adjusting entries are required, combine all debit entries into one amount and enter this amount in the debit column of the worksheet. Similarly, combine all credit entries into one amount and enter this amount in the credit column of the worksheet.)