and prepare a consolidation worksheet 20x8

book value of Snoopy's net assets was equal to $313,000. Peanut uses the equity method to account for investments. Trial balance data for Peanut and Snoopy as of December 31,208, are as follows: (Assume the company preparesthe optional Accumulated Depreciption Elimination Enty) Required: entryes) related to the ivestment in Snpopy Company dung 208 if no entry is required for a trohsaction/event, select "No joumol entry required in the first account field.)