tega Suport a My Store Co. E BusinessCourse Return to course Projecting Consolidation Eliminating Entries An acquisition takes place on January 1, 2018 At December 31, 2018, you obterve the following consolidation eliminating entries Identifiable intangibles 2.000.000 Land 2.000.000 Good 15.000.000 Inventores 500.000 Property and equipment net 10.000.000 Investment in Samson Company 500.000 (O) Amortization expense 600.000 Impairmant loss 200.000 Inventories 500.000 Property and equipment, net 1.000.000 Cost of goods sold Depreciation expense Identifiable intangibles Goodwill 500.000 1.000.000 600 000 200.000 Property and equipment and identifiable intangibles revaluations are written off on a straight-in basis no residual value Additional goodwill impairmentlasses of 600.000 are reported 2030 Except for the inventories, none of the revalued assets are sold in future years Required Prepare consolidation eliminating entries (R) and (O) on a. December 31, 2020 Enter numerical answers using all zeros (do not abbreviate figures to thousands or millions Ref. Description Debit URO Land 2.000.000 Credit G 100D wer Prepare consolidation eliminating entries (R) and (O) on a. December 31, 2020 Enter numerical answers using all zeros (do not abbreviate figures to thousands or millions Ref. Description Debat Credit ORLand 2.000.000 D Good 1.440,000 Property and equipment, net 3.000.000 Investment in San 11.400.000 cos . Depreciation expense 1.000.000 0 Depreciation Expert 0 1 . b. December 31, 2023 . Not all journal entry rows may be needed. Select "No entry as your answer id additional debitor credit entries are not required and leave the correspondre natural contra Enter numerical answers using alleres (do not abbreviate figures to thousands or millions Ref. Description Debit Credit Land Property and equipment, . Property and equipment net Investment in Samson . 0 Identifiable rates . 3 . Amortation expense December 31, 2028 Not all journal entry rows may be needed. Select "No entry as your answer addoldebitor credit entries are not required and leave the corresponding memban answers using all zeros ido not abbreviate figures to thousands or CO 0 . O 0 0 So we are con Amen December 31, 2028 . Not all journal entry rown may be needed select "No entry as your answer it additional debit or credit entries are not required and on the tregandog numered repro Enter numerical answers using all reros do not abbreviatures to thousands of million Ref. Description Debut Credit 0 Land Good . thentina 0 100 Property and att Please answer all parts of the question Check Next Previous Save Answers tega Suport a My Store Co. E BusinessCourse Return to course Projecting Consolidation Eliminating Entries An acquisition takes place on January 1, 2018 At December 31, 2018, you obterve the following consolidation eliminating entries Identifiable intangibles 2.000.000 Land 2.000.000 Good 15.000.000 Inventores 500.000 Property and equipment net 10.000.000 Investment in Samson Company 500.000 (O) Amortization expense 600.000 Impairmant loss 200.000 Inventories 500.000 Property and equipment, net 1.000.000 Cost of goods sold Depreciation expense Identifiable intangibles Goodwill 500.000 1.000.000 600 000 200.000 Property and equipment and identifiable intangibles revaluations are written off on a straight-in basis no residual value Additional goodwill impairmentlasses of 600.000 are reported 2030 Except for the inventories, none of the revalued assets are sold in future years Required Prepare consolidation eliminating entries (R) and (O) on a. December 31, 2020 Enter numerical answers using all zeros (do not abbreviate figures to thousands or millions Ref. Description Debit URO Land 2.000.000 Credit G 100D wer Prepare consolidation eliminating entries (R) and (O) on a. December 31, 2020 Enter numerical answers using all zeros (do not abbreviate figures to thousands or millions Ref. Description Debat Credit ORLand 2.000.000 D Good 1.440,000 Property and equipment, net 3.000.000 Investment in San 11.400.000 cos . Depreciation expense 1.000.000 0 Depreciation Expert 0 1 . b. December 31, 2023 . Not all journal entry rows may be needed. Select "No entry as your answer id additional debitor credit entries are not required and leave the correspondre natural contra Enter numerical answers using alleres (do not abbreviate figures to thousands or millions Ref. Description Debit Credit Land Property and equipment, . Property and equipment net Investment in Samson . 0 Identifiable rates . 3 . Amortation expense December 31, 2028 Not all journal entry rows may be needed. Select "No entry as your answer addoldebitor credit entries are not required and leave the corresponding memban answers using all zeros ido not abbreviate figures to thousands or CO 0 . O 0 0 So we are con Amen December 31, 2028 . Not all journal entry rown may be needed select "No entry as your answer it additional debit or credit entries are not required and on the tregandog numered repro Enter numerical answers using all reros do not abbreviatures to thousands of million Ref. Description Debut Credit 0 Land Good . thentina 0 100 Property and att Please answer all parts of the question Check Next Previous Save Answers