Please use your own data to fill the consolidation worksheet and elimination entries CHART, please indicate the cost, and how the acquisition was posted to the parent's general ledger. Thank you!

Here is an example of the CHART.

Company XYZ Company A Adjustments and Eli minations Credit XYZ and A Consolidated Debit Debit Credit Debit Credit Debit Credit Blance Sheet and Income Statament Accounts Accounts Receivable Investment in Stock of Company B Other Assets Accounts Payable Other Liabilities Common Stock Retained Earning Company B Company J Sales Equity in Earnings of Company B Cost of Goods Sold Depreciation Expense Administrative Expense Income Tax Expense Totals Eliminating the parent company's investment account Common Stock-from books of Company B Retained Earnings (Company B) Equity in Earnings of Company - B from books of Company Investment in Stock of Company B - from books of company J Eliminating the Intercompany Receivables and Payables Accounts Payable Account Receivable Eliminating of Intercompany Sales and Purchases Sales Cost of Goods Sold