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Required: Prepare a worksheet to consolidate the financial statements of Plaza, Incorporated, and its subsidiary Stanford. Note: For accounts where multiple consolidation entries are required,

image text in transcribedimage text in transcribedimage text in transcribed Required: Prepare a worksheet to consolidate the financial statements of Plaza, Incorporated, and its subsidiary Stanford. Note: For accounts where multiple consolidation entries are required, combine all debit entries into one amount and enter this amount in the debit column of the worksheet. Similarly, combine all credit entries into one amount and enter this amount in the credit column of the worksheet. Input all amounts as positive values. For internal reporting purposes, Plaza, Incorporated, employs the equity method to account for this investment. The following account balances are for the year ending December 31, 2024, for both companies. Required: Prepare a worksheet to consolidate the financial statements of Plaza, Incorporated, and its subsidiary Stanford. Note: For accounts where multiple consolidation entries are required, combine all debit entries into one amount and enter this amount in the debit column of the worksheet. Similarly, combine all credit entries into one amount and enter this amount in the credit column of the worksheet. Input all amounts as positive values. For internal reporting purposes, Plaza, Incorporated, employs the equity method to account for this investment. The following account balances are for the year ending December 31, 2024, for both companies

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