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Blank Corporation acquired 100 percent of Faith Corporation's common stock on December 31,202, for $208,000. Data from the balance sheets of the two companies included

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Blank Corporation acquired 100 percent of Faith Corporation's common stock on December 31,202, for $208,000. Data from the balance sheets of the two companies included the following amounts as of the date of acquisition: Corporation's accumulated depreciation on buildings and equipment on the acquisition date was $13,000. Required: a. Give the consolidation entry or entries needed to prepare a consolidated balance sheet immediately following the business combination. b. Prepare a consolidated balance sheet worksheet. Journal entry worksheet Note: Enter debits before credits. Journal entry worksheet Record the optional accumulated depreciation consolidation entry. Note: Enter debits before credits. equired: - Give the consolidation entry or entries needed to prepare a consolidated balance sheet immediately following the business combination. - Prepare a consolidated balance sheet worksheet. Complete this question by entering your answers in the tabs below. Give the consolidation entry or entries neededito prepare a consolidated balance sheet immediately following the business combination. Note: If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Journal entry worksheet

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