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The December 31, 20x8, balance sheets for Pint Corporation and its 80 percent-owned subsidiary Saloon Company contained the Following summanzed amounts PET COLLATION DES COM

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The December 31, 20x8, balance sheets for Pint Corporation and its 80 percent-owned subsidiary Saloon Company contained the Following summanzed amounts PET COLLATION DES COM Dobber 31, 20% Piot Balodis 102,000 16.000 330.000 4.000 107,000 214.000 AN CNN towy pent the The Company Tot A Liity Cho daming Total Liity 4840,400 131.400 107.000 $12.000 110.400 1,000 130.000 232.000 338.000 Pint acquired the shares of Saloon Company on January 1, 20XIOn December 31, 20x, assume Point sold inventory to Saloon during 20x8 for $101.000 and Saloon sold inventory to Pint for $318.000. Pirts balance sheet contains inventory items purchased from Saloon for $105,000 The items cout Saloon 565.000 to pro In addition, Saloon's inventory contains goods it purchased from Pint for 531000 hut Pint had produced for $18.600. Assume Saloon reported net income of $77000 and dividends of $15400 Required: a. Prepare all consolidation entries needed to complete a consolidated balance sheet worksheet as of December 31 20x80 no entry is required for a transaction/event, select "No journal entry required in the first account field. Do not found intermediate calculations.) View transaction for Consolidation Worksheet Entries Record the basic consolidation entry Produced for $18 600 Assume Saloon reported net income of $77000 and dividends of $15.400 Required: Prepare a consolation entre needed to complete a consolidated balance sheet worksheets of December 31, 20xBf no entry required for a transaction event, select "No journal entry required in the first account field. Do not found intermediate calculations) view transactions Consolidation Worksheet Entries

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