My questions that I would like for you to respond to are the following:

What was done mathematically to obtain and calculate $9,600 and $2,800 using $130,000, the ending debit balance of the Protecto Corporation and Strand Companys Consolidated Balance Sheet at December 31, 20X2, $120,300, the ending debit balance of Inventory, for/of Protecto Corporation and $90,500, the ending debit balance of Inventory for/of Strand Company?

What must I do to compute the debit entry and Consolidated journal entry of $35,000 using the $42,000, Total, Ending debit balance of Patents of Protecto Corporation and Strand Company at end of December 31, 20X2?

What must I do to compute Debit entries and Consolidated journal entries of $3,000 and $1,700 and Credit entries and Consolidated journal entries of $49,880 and $7,000 using the $48,700, the total, ending credit balance of Noncontrolling Interest of Protecto Corporation and Strand Company at end of December 31, 20X2?

If you all don't mind, could you all show me step by step work as how to get the Consolidated debit/credit journal entries that appear between Sales (Sales revenue) and Investment in Subsidiary, please? And could you all type and/or write all the step by step work including the dollar amounts in a clear and legible way, so I can actually read the information with ease. Thank you very much!

Protecto Corporation purchased 80 percent of Strand Company's outstanding shares on January 1, 20x1, for $44.800 more than book value. At that date, the fair value of the noncontrolling interest was $11,200 more than 20 percent of Strand's book value. The full amount of the differential is considered related to patents and is being amortized over an eight-year period. In 20X1. Strand purchased a piece of land for $40,000 and later in the year sold it to Protecto for $55,000. Protecto is still holding the land as an investment. During 20X3. Protecto bonds with a value of $115.000 were exchanged for equipment valued at $115.000. On January 1, 20X3. Protecto held inventory purchased previously from Strand for $42,500. During 20x3, Protecto purchased an additional $95.000 of goods from Strand and held $48,000 of this inventory on December 31, 20X3. Strand sells merchandise to the parent at cost plus a 25 percent markup. Strand also purchases inventory items from Protecto. On January 1, 20X3, Strand held inventory it had previously purchased from Protecto for $15,750, and on December 31, 20x3, it held goods it had purchased from Protecto for $9,800 during 20X3. Strand's total purchases from Protecto in 20x3 were $26,000. Protecto sells inventory to Strand at cost plus a 40 percent markup. The consolidation worksheet below was prepared on December 31, 20X3. All consolidation entries and adjustments have been entered properly in the worksheet. Protecto accounts for its investment in Strand using the fully adjusted equity method. Liabilities & Equity Accounts Payable Bonds Payable Common Stock Retained Earnings NCI in NA of Strand $ 123,600 138,000 130,000 317,720 $ 15,600 72,000 55,000 195,500 $ 55,000 346,100 3,000 1,700 $405,800 $ 139,200 210,000 130,000 317,720 52,180 $150,600 49,880 7,000 $207,480 Total Liabilities & Equity $ 709,320 $ 338, 100 $ 849, 100 (1). Cash: 1 =-$27,500+$36,5001 1 =-S64,0001 **$64,000 is the Consolidated adjusted balance (Consolidated adjusted ending debit balance). of-Cash-at the end of December 31, 20X3 on the Consolidated Cash-Flow-Worksheet. I must prepare Proteste Corporation And Strand-Company's-Consolidated-Worksheet-for a Consolidated-statement of Cash Flows-(Consolidated Cash Flow-Statement) -for-20x3 using the Indirect method by using the ending debit balance of $64,000 of Cash from Protecte: Corporation And-Strand-Company's-Consolidated -Balance Sheet at the end of December 31, 20X2-and- posting-896,000 to-Cash-underneath-Balance January 1, 20X3-and-$64,000 to-Cash underneath December 31, 20X3.--Now, $96,000-is the beginning debit balance of Cash at the end of January 1, 20X3-and-$96,000 is the ending debit-balance of Inventory at the end of December 31, 20X3- on the Consolidated-Cash Flow-Worksheet.f 1 Beginning debit balance of Cash Dec 31, 20X3->-Ending debit-balance-of-Cash-Jan-1, 20X39 1 *Protecto-Company listed and reported-$96,000 as the ending debit balance of Cash, a current asset, on their Pastecto Corporation And Strand Company's Consolidated Balance Sheet-at-the- end of December 31, 20X2.1 **$64.000 is the-Consolidated adjusted-balance (Consolidated-adjusted-ending debit balance). of Cash at the end of December 31, 20X3 on the-Consolidated-Cash-Flow-Worksheet.f 1 =-$96,000 --- $64,000 =-$32,000 Since Parent company purchased -inventory of goods worth $32,000. Protesta Company spent $32,000.--Cash, a current asset, decreased-by-$32,000. 1 V I must post-a-credit of $32.000 to-Cash-as a credit-entry in the Credit column of the Consolidated-adjustment journal entries that make up the end-of-period-Consolidated-Cash-Flow- Worksheet at the end of December 31, 20X3.1 goods (finished goods) and services, this company's Accounts receivable's balance decreased by $28,800.1 VI must post-a-credit of $28.800 to Accounts receivable-as-a-credit-entry in the Credit column of the Consolidated adjustment journal-entries that make up the end-of-period-Consolidated-Cash- Flow-Worksheet at the end of December 31, 20X3.1 $150,000 is the beginning debit balance of Accounts receivable at the end of January 1, 20X3f = $150,000-$28.800 1 = $121,2009 (3). Inventory: 1 1 = $120,300+ $90,500 1 =-$210,8009 **$198,400 is the Consolidated adjusted balance (Consolidated adjusted ending debit balance) of Inventory at the end of December 31, 20X3 on the Consolidated Cash-Flow Worksheet. 1 I must prepare Pasteste-Corporation-And-Strand-Company's Consolidated-Worksheet (Consolidated-Cash Flow-Worksheet) for a-Consolidated-statement-of-Cash-Flows (Consolidated- Cash-Flow Statement) for 20X3 using the Indirect method by using the ending debit balance of $130,000 of Inventory from the Protesto Corporation-And-Strand-Company's Consolidated- Balance Sheet at the end-of December 31, 20X3 and posting S130.000 to-Inventory underneath- Balance January 1, 20X3 and $198,400 underneath December 31, 20X3.--Now, $130,000-is the beginning debit balance-of-Inventory at the end of January 1, 20X3 and $198.400 is the Consolidated-adjusted-balance (Consolidated-adjusted-ending debit-balance) of Inventory at the end of December 31, 20X3 on the Consolidated-Cash-Flow-Worksheet. I 1 Beginning debit balance of Inventory-Jan-1, 20X3->-Ending debit balance-of-Inventory-Dec 31, 20X31 *Protecto-Corporation-listed and reported Inventory, a current asset, at the ending debit balance- of $130.000-on the Protecte: Corporation And-Strand-Company's-Consolidated-Balance Sheet-at- the end of December 31, 2012. **$198.400 is the Consolidated adjusted-balance (Consolidated-adjusted-ending debit balance) of Inventory at the end of December 31, 20X3-on the Consolidated-Cash-Flow-Worksheet. 1 =-$198.400-$130,0001 =-S68.4001 Since some of the Proteste Corporation's customers paid $68,400 of the balance affiliated with Inventory that was reported on their Protecte-Corporation And Strand-Company's Consolidated Balance Sheet and was owed to this company for providing the customers with goods (finished: goods) and services, this company's Inventory's balance increased by $68,400-T VI must post-a-debit of $68,400 to-Inventory as a debit entry in the Debit-column of the Consolidated-adjustment journal entries that make up the end-of-period-Consolidated-Cash-Flow Worksheet at the end of December 31, 20X3.1 (4). Land: In-20X1, Strand-Company purchased a piece of land-for-$40,000-and-later in the year-sold-it to Proteste Corporation for $55,000.1 = $73,000+$20,500 =-$93,5001 Ending debit/credit balance and Consolidated adjustment journal-entry for/of Land Formula =-Updated credit-entry for/of Land --Original-debit entry for/of Land Because of depreciation Land is adjusted-by-accumulated depreciation of $5,500 and arrived to a book value (net-carrying value) of $73,000.--Regtecto Corporation-lists and reports-Land at an updated net book value (net carrying value) of $73,000-on-Protesto Corporation's Protecto: Corporation And Strand Company's Consolidated Balance Sheet at the end of December 31, 2012.1 1 Since Protecte-Corporation-spent-$5,500 to buy-Land that originally belonged to-Strand. Company paid $68,400-of the balance affiliated with Inventory that was reported on their Protector Corporation-And-Strand-Company's-Consolidated-Balance Sheet and was owed to this company for providing the customers with goods (finished goods) -and-services, this company's Inventory's balance increased by S68.400.1 1 VI must post-a-debit of $5,500 to Buildings & Equipment as a debit-entry in the Debit-column of the-Consolidated adjustment journal-entries that make up the end-of-period-Consolidated-Cash- Flow-Worksheet at the end of December 31, 20X3.[ The closing balance sheet shows the separation $73,000+$20,500= $93.500.- Here: $93.500-is- the consolidated balance of the companies. --The company must-have-sold-$15,000 worth of Land. So, $93,500---$15000=-$78,500-is the closing consolidated balance. The ending value is $78,500. So we can understand that the company purchased-land worth $5,500 dollars. If *$537,500, the Ending debit-balance-of-Buildings-&-Equipment at the end of December 31, 20X3, from Protecte-Corporation And Strand-Company's Consolidated Balance Sheet-at the end- of December 31, 20X3. *I must add $72,500, the credit-entry of Buildings & Equipment at the end of December 31, 20X3, and $537,500, the Ending-debit balance of Buildings & Equipment at the end of December 31, 20X3 together to find the sum of these two dollar amounts. [ =-S72,500+ $537,500 1 =-S610,000 Now. I must post-S610.000 to-Buildings & Equipment as its Ending debit balance underneath Balance December 31, 20X3, which make up the end-of-period-Consolidated-Cash-Flow Worksheet at the end of December 31, 20X3.1 1 Beginning debit balance of Buildings & Equipment-Jan-1, 20X3->-Ending debit balance of Buildings & Equipment Dec 31, 20X34 1 =-5610,000-$450,000 1 =-$160,0001 Protesto Corporation-listed and reported-Buildings & Equipment, a-long-term-asset, at the book value (net-carrying value) of $450,000 on the Protecto: Corporation-And-Strand-Company's- Consolidated Balance Sheet at the end of December 31, 2012. Because of depreciation, Buildings & Equipment is adjusted by accumulated-depreciation-of-$?. and arrived to a-book value (net-carrying value) of-S610.000.-Protecto: Corporation-lists and reports Buildings & Equipment-at an updated net-book value (net-carrying value) of $610.000-on- Protecto-Corporation's Pigteste-Corporation And Strand-Company's-Consolidated Balance Sheet at the end of December 31, 2013.--This company's Buildings & Equipment increased by $160,000.1 1 VI must post a debit of $160,000 to Buildings & Equipment as a debit-entry in the Debit-column of the Consolidated adjustment journal entries that make up the end-of-period Consolidated : Cash-Flow-Worksheet at the end of December 31, 20X3.1 1 Are the consolidation journal entries of S160.000 for the Buildings & Equipment account supposed to mean that the value for/of-Buildings & Equipment increased? 1 Yes, if ending value of Buildings & Equipment is more than-opening value. It means the company purchased-Buildings & Equipment during the year or revalued them. Here revaluation is not mentioned. --So, we take it as purchases. (Or both purchases and sale, but purchases value- is more than-sale value). -If nothing is mentioned, consider it as purchases. = $258,0009 $258,000-should-be ($258,000) -or-$258,000 because it is associated with Accumulated- depreciation. Now, I must post-$258.000 to Accumulated depreciation as the ending credit balance of Accumulated depreciation at the end of December 31, 20X3, which make up the end-of-period- column of the Consolidated adjustment journal entries that make up the end-of-period Consolidated-Cash-Flow-Worksheet at the end of December 31, 20X3. Beginning debit balance of Accumulated-depreciation-Jan-1, 20X3->-Ending debit balance of Accumulated depreciation Dec 31, 20X37 1 =-$258,000-$213,000 1 = $45.0009 VI must post-a-debit of $45,000 to Accumulated depreciation as a debit entry in the Debit column of the Consolidated -adjustment journal-entries that make up the end-of-period Consolidated-Cash-FlowWorksheet the end of December 31, 20X3.1 (7.1 Patents: 1 1 =-Total. Ending debit balance of Accounts Payable of Protecto Corporation and Strand-Company at-end-of-12/31/20X2--Ending debit balance of Consolidation journal entry of Pietecta Corporation and Strand Company Consolidation Worksheet-Year-Ended December 31, 20X3 = Debit-entry in the Debit-column of the Consolidated adjustment journal entries that make up the end-of-period-Consolidated-Cash-Flow-Worksheet at the end of December 31, 20X39 *$42,000 is the Total, Ending debit balance of Patents of Protecte Corporation-and-Strand Company-at-end of December 31, 20x2. *$35,000 is the Ending debit balance of Consolidation journal entry of Protecte: Corporation and Strand-Company-Consolidation Worksheet-Year-Ended-December 31, 20X3. 1 =-$42,000--$35,000 1 =-$7,0001 = $42,000-$7,0001 1 =-$35,000 I must debit the Patents, an intangible asset-account, for $35,000-as a debit entry in the Debit- column of the Consolidated adjustment journal entries that make up the end-of-period- Consolidated-Cash-Flow-Worksheet at the end of December 31, 20X3. (8.) 1 Accounts Payable: Total, Ending credit balance of Accounts Payable of Parent-(Holding) Corporation and Subsidiary Company-at-end of??/??/updated year Formula = Ending credit balance of Accounts Payable of Protecto-Corp. at end-of-12/31/20X3+Ending credit balance of Accounts Payable-ofStrand-Company at end-of-12/31/20X39 =-Total, Ending credit balance of Accounts Payable of Parent (Holding) Corporation and Subsidiary Company at end-of-??/??/20X? = $123,600+ $15,6001 =-$139.2009 VI must debit the Accounts Payable, a current liability account, for $139,200 as a debit-entry in the-Debit column of the Consolidated-adjustment journal entries that make up the end-of-period Consolidated Worksheet at the end of December 31, 20X3.1 VI must debit the Accounts Payable, a-liability account, for $35,100 as a debit entry in the Debit: column of the Consolidated -adjustment journal entries that make up the end-of-period Consolidated Cash-Flow-Worksheet at the end of December 31, 20X3.1 (9.) Bonds Payable: 1 Total, Ending credit balance of Bonds Payable of Parent (Holding) Corporation and Subsidiary Company at end-of-??/??/updated year Formular 1 = Ending credit-balance of Bonds Payable of Protecte-Corp. and Strand Company-at-end-of- 12/31/20X3+Ending credit balance of Bonds Payable of Strand Company at end-of-12/31/20X39 = Total, Ending credit balance of Bonds Payable of Parent (Holding) Corporation and Subsidiary Company at end-of-??/??/20X? 1 =-$138,000+ $72,0009 =-$210,000 1 VI must-debit the Bonds Payable, a long-term-liability account, for $210.000-as a debit-entry in the Debit column of the Consolidated-adjustment journal entries that make up the end-of-period Consolidated-Worksheet at the end of December 31, 20X3.1 I must record-a-debit-entry-of-$55,000 to-Common-Stock, an equity-account, to the Debit-column- of the Consolidated adjustment journal entries that make up the end-of-period-Consolidated-Cash Flow-Worksheet at the end of December 31, 20X3.1 *$55,000 is a debit entry to-Common Stock underneath Consolidated adjustment journal entries that make up the end-of-period-Consolidated-Worksheet at the end of December 31, 20X3. ***The $55,000 that I must record a debit-entry of$55,000 to-Common Stock, an equity account, to the Debit-column of the Consolidated-adjustment journal entries that make up the end-of-period-Consolidated-Cash-Flow Worksheet at the end of December 31, 20X3 is the ending. debit balance of Common Stock associated with Strand-Company at the end of December 31, 20X3.**** 1 1 The-Total, Ending credit balance of Common-Stock-of Protecte: Corporation-and-Strand- Company at end-of-12/31/20X2 Formula 1 =-Total, Ending credit balance of Common Stock of Protecto-Corporation and Strand-Company at-end-of-12/31/20X2+ Common Stock to the Debit-column of the Consolidated adjustment journal entries that make up the end-of-period-Consolidated-Cash-Flow Worksheet at the end of December 31, 20X3.1 (10.) 1 Retained Earnings: 1 Ending debit -balance of Retained-Earnings Formula 1 =Beginning debit balance of Retained-Earnings +-Ending debit balance-of-Net income =Ending debit balance of Retained Earnings =-$170,000+ $176,1009 =-$346,1009 1 *$346,100 is a debit-entry to Retained Earnings underneath-Consolidated adjustment journal entries that make up the end-of-period-Consolidated Worksheet at the end of December 31, 20X3.1 1 Ending credit balance of Retained-Earnings Formula = Beginning credit balance of Retained Earnings +Ending credit balance of Net income 1 =-Ending credit balance of Retained-Earnings 1 =-$128,600+$22.000 1 =-$150,6001 *$150,600 is a debit-entry to Retained-Earnings underneath-Consolidated-adjustment journal- entries that make up the end-of-period-Consolidated-Worksheet at the end of December 31, 20X3.1 1 = $317.720+$195,500 = $513,2201 1 = $513,220-$346,100 1 = $167,1209 = $167,120+ $150,600 = $317.7201 1 $317.720-is-the-Consolidated -adjusted balance (Consolidated-adjusted ending credit balance) for/of Common Stock, an equity account, that make up the end-of-period-Consolidated Worksheet at the end of December 31, 20X3.5 (10.) NCI of NA of Strand Company: (10.) 1 NCI-of-NA of Strand-Company: *$48,700 is the-Total, Ending credit balance of Noncontrolling Interest of Protecte Corporation and-Strand-Company at end-of-12/31/20X2 from the Consolidated Balance Sheet at December 31, 20X2.1 1 What must I do to compute Debit entries and Consolidated journal entries of $3,000-and-$1,700- and-Credit-entries and Consolidated journal-entries of $49,880-and-$7,000 to-get- using the-$48,700, the total, ending credit balance of Noncontrolling Interest of Protesto Corporation and Strand Company at end of December 31, 20X2