Can someone please help with journal entries and consolidation entries? Please include one for goodwill. Thank you!

	Balances as of December 31, 20X8
	Putt Company		Slice Company
Item	Debit	Credit	Debit	Credit
Cash	15,850		58,000
Accounts Receivable	65,000		70,000
Interest Receivable	30,000		10,000
Inventory	150,000		180,000
Land	80,000		60,000
Buildings and Equipment	315,000		240,000
Investment in Slice Co	160,580
Bond Discount			15,000
Cost of Goods Sold	375,000		110,000
Depreciation Expense	25,000		10,000
Interest Expense	24,000		33,000
Other Expense	28,000		17,000
Dividends Declared	30,000		5,000
Accumulated Depreciation		120,000		60,000
Accounts Payable		66,880		28,000
Other Payables		30,000		20,000
Bonds Payable		250,000		300,000
Common Stock		150,000		100,000
Additional Paid in Capital		30,000
Retained Earnings		165,240		100,000
Sales		450,000		190,400
Other Income		28,250
Gain on sale of Equipment				9,600
Income from Slice Company		8,060
	$ 1,298,430	$ 1,298,430	$ 808,000	$ 808,000
Additional Information:
1. Putt Company acquired 70 percent ownership of Slice Company on January 1, 20X3 for 158,900 At
that date, the fair value of the noncontrolling interest was $68,100. Slice reported common stock outstanding
of $100,000 and retained earnings of $85,000.
2. On January 1, 20X3, the entire amount of differential is assigned to Goodwill. No impairment of goodwill
was noted for 2008.
3. Accumulated Depreciation on buildings and equipment was $25,000 on the acquisition date.
4. Putt used the fullly adjusted equity method in accounting for its investment in Slice.
5. Inventory transactions are as follows:
a. Slice sold inventory costing $25,500 to Putt for $42,500 in 20X7. Putt resold 80% of the purchase in
20X7 and the remainder in 20X8.
b. Slice sold inventory costing $21,000 to Putt for $35,000 in 20X8. Putt resold 70%of the purchase in 20X8.
c. Putt sold inventory costing $14,000 to Slice for $28,000 in 20X8. Slice resold all but $13,000 of the
purchase in 20X8.
6. Long term asset transactions included the following:
a. Putt sold land that had cost of $21,000 to Slice for $32,000 on January 1, 20X7.
b. On January 1, 20X8, Slice sold to Putt equipment that it had purchased for $100,000 on January 1, 20X6
(2 years earlier). The equipment had a total economic life of 10 years with a salvage value of $10,000. Slice
sold the equipment to Putt for $91,600. Both companies use straight-line depreciation and the life and
salvage value remained unchanged as a result of the transfer.