On 12/31/20x1, Purl Inc. acquired Scott Corp. by issuing Common Stock (par value issuance), which was 80% acquisition out of $260,000 (100% total consideration), thereby 20% is Non-Controlling Interest (NCI). When Purl issued the common stock, stock registration, and issuance costs for $1,000 incurred. Journalize the acquisition process and consolidation adjustments, and construct Purl's consolidated B/S as of 12/31 by filling out the working sheet.

All the blue parts need to be filled with journal entries. This whole page is about mergers and acquisitions. I've filed some of it out but I'm so lost.

On 12/31/20x1, Puri Inc. acquired Scott Corp. by issuing Common Stock (par value issuance), which was 80% acquistion out of $260,000 (100% total considertion), thereby 20% is Non-Controlling Interest (NCI). When Purl issued the common stock, stock registration and issuance costs for $1,000 incurred. Journalize the acquisition process and consolidation adjustments, and construct Purl's consolidated B/S as of 12/31 by filling out the working sheet. Purl's Journal Entry At the acquisition. Purl acquired Scott by issuing Common Stock. Stock registration and issuance costs incurred Investment In Scott 208,000 Purl's Common stock 208,000 Consolidation Adjustments. Investment in Scott NCI 208,000 Debit. Adjustment Credit. Adjustment Puri's Consolidated B/S as of 12/31/20x1 Purl (Book Value) 462,000 68,000 46,000 Scott (Book Value) 94,000 18,000 32,000 Scott (Fair Value) 94,000 18,000 30,000 358,000 10,000 100,000 2,000 116,000 6,000 Purl's Working Sheets as of 12/31/20X1 Cash Accounts Receivable Inventory Investments PP&E Patent Goodwill Total Assets Accrued Expenses Note Payable Total Liabilities Common Stock APIC R/E Non-controlling Interest Total Equities Total Liabilities & Equities 944,000 18,000 600,000 618,000 200,000 30,000 96,000 246,000 6,000 28,000 34,000 100,000 30,000 82,000 264,000 6,000 28,000 34,000 118,000 30,000 82,000 326,000 944,000 212,000 246,000 230,000 264,000 On 12/31/20x1, Puri Inc. acquired Scott Corp. by issuing Common Stock (par value issuance), which was 80% acquistion out of $260,000 (100% total considertion), thereby 20% is Non-Controlling Interest (NCI). When Purl issued the common stock, stock registration and issuance costs for $1,000 incurred. Journalize the acquisition process and consolidation adjustments, and construct Purl's consolidated B/S as of 12/31 by filling out the working sheet. Purl's Journal Entry At the acquisition. Purl acquired Scott by issuing Common Stock. Stock registration and issuance costs incurred Investment In Scott 208,000 Purl's Common stock 208,000 Consolidation Adjustments. Investment in Scott NCI 208,000 Debit. Adjustment Credit. Adjustment Puri's Consolidated B/S as of 12/31/20x1 Purl (Book Value) 462,000 68,000 46,000 Scott (Book Value) 94,000 18,000 32,000 Scott (Fair Value) 94,000 18,000 30,000 358,000 10,000 100,000 2,000 116,000 6,000 Purl's Working Sheets as of 12/31/20X1 Cash Accounts Receivable Inventory Investments PP&E Patent Goodwill Total Assets Accrued Expenses Note Payable Total Liabilities Common Stock APIC R/E Non-controlling Interest Total Equities Total Liabilities & Equities 944,000 18,000 600,000 618,000 200,000 30,000 96,000 246,000 6,000 28,000 34,000 100,000 30,000 82,000 264,000 6,000 28,000 34,000 118,000 30,000 82,000 326,000 944,000 212,000 246,000 230,000 264,000