NEED CONSOLIDATION WORKSHEET ENTRIES FOR:

1) Entry *G to recognize the intra-entity gross profit in inventory in 2020.

2) Entry *C1 to convert to the equity method for Delta's acquisition

3) Entry *C2 to convert to the equity method for Omega's acquisition

4) Entry S1 to eliminate stockholders' equity accounts of Omega

5) Entry S2 to eliminate stockholders' equity accounts of Delta

6) Entry A to recognize allocations attributed to specific accounts at acquisition date for 2021

7) Entry I1 to eliminate the intra-entity income accrual found on Alpha's records

8) Entry I2 to eliminate the intra-entity income accrual found on Delta's records

9) Entry D1 to eliminate the intra entity dividends for Delta

10) Entry D2 to eliminate the intra entity dividends for Omega

11) Entry E to recognize the current year amortization

12) Entry TI to eliminate the intra-entity inventory transfer

13) Entry G to defer the ending intra-entity gross profit on the intra-entity transfers

On January 1,2019 , Alpha acquired 80 percent of Delta. Of Delta's total business falr value, $220,000 was allocated to copyrights with a 20-year remaining life. Subsequently, on January 1, 2020, Delta obtained 70 percent of Omega's outstanding voting shares. In this second acquisition, $130,800 of Omega's total business falr value was assigned to copyrights that had a remaining life of 12 years. Delta's book value was $722,500 on January 1, 2019, and Omega reported a book value of $143,500 on January 1, 2020. Delta has made numerous inventory transfers to Alpha since the business combination was formed. Intra-entity gross profits of $20,600 were present in Alpha's Inventory as of January 1, 2021. During the year, $291,000 in additlonal intra-entity sales were made With $32010 in Intra-entity gross profits in Inventory remaining at the end of the perlod. Both Alpha and Delta utllized the partlal equity method to account for their Investment balances. Following are the Individual financlal statements for the companles for 2021 with consolidated totals. On January 1,2019 , Alpha acquired 80 percent of Delta. Of Delta's total business falr value, $220,000 was allocated to copyrights with a 20-year remaining life. Subsequently, on January 1, 2020, Delta obtained 70 percent of Omega's outstanding voting shares. In this second acquisition, $130,800 of Omega's total business falr value was assigned to copyrights that had a remaining life of 12 years. Delta's book value was $722,500 on January 1, 2019, and Omega reported a book value of $143,500 on January 1, 2020. Delta has made numerous inventory transfers to Alpha since the business combination was formed. Intra-entity gross profits of $20,600 were present in Alpha's Inventory as of January 1, 2021. During the year, $291,000 in additlonal intra-entity sales were made With $32010 in Intra-entity gross profits in Inventory remaining at the end of the perlod. Both Alpha and Delta utllized the partlal equity method to account for their Investment balances. Following are the Individual financlal statements for the companles for 2021 with consolidated totals