Q2 (9 points): Record the eliminating entries for the following intercompany transactions: 1- P company acquired 80% of W company for 50,000JD. Equity of W is: common shares 80,000JD, other capital 15,000 JD, RE (15,000) JD. 2- S company advanced 3000 to S company and 2000 to R company, but P company did not record the advances to R company yet. 3- Company P invested 250,000 JD in bonds, of which there is 90,000JD investment in bonds issued by Company S. The interest on bonds are 10,000 JD but S company did not record the accrued interest yet. Q2 (9 points): Record the eliminating entries for the following intercompany transactions: 1- P company acquired 80% of W company for 50,000JD. Equity of W is: common shares 80,000JD, other capital 15,000 JD, RE (15,000) JD. 2- S company advanced 3000 to S company and 2000 to R company, but P company did not record the advances to R company yet. 3- Company P invested 250,000 JD in bonds, of which there is 90,000JD investment in bonds issued by Company S. The interest on bonds are 10,000 JD but S company did not record the accrued interest yet