Apps Student Portal Welcome My Life... Note: Parentheses indicate a credit balance a. Determine the following account balances Gain on bargain purchase Equity earings in Chandler Investment in Chandler 12/31/15 b. Prepare a December 31, 2015, consolidated worksheet for Brooks and Chandler (For accounts where multiple consolidation 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.) BROOKS AND CHANDLER Consolidation Worksheet For Year Ending December 31, 2015 Consolidation Entries Brooks Chandler Debit Credit Consolidated Totals Accounts Income Statement Revenues Cost of goods sold Gain on bargain purchase Depreciation and amortization Equity camings in Chandler Type here to search $ (497.500) $ (586,000) 209,000 177,000 (180,000) 145.000 157.000 23 Apps Student Portal Welcome My Life... Note: Parentheses indicate a credit balance a. Determine the following account balances Gain on bargain purchase Equity earings in Chandler Investment in Chandler 12/31/15 b. Prepare a December 31, 2015, consolidated worksheet for Brooks and Chandler (For accounts where multiple consolidation 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.) BROOKS AND CHANDLER Consolidation Worksheet For Year Ending December 31, 2015 Consolidation Entries Brooks Chandler Debit Credit Consolidated Totals Accounts Income Statement Revenues Cost of goods sold Gain on bargain purchase Depreciation and amortization Equity camings in Chandler Type here to search $ (497.500) $ (586,000) 209,000 177,000 (180,000) 145.000 157.000 23