using the trial balance below prepare the following journal entries for the above information CY1, CY2, D, EL, B1, B2

PARENT SUBSIDIARY 371,000 7,500 157,212 410,000 162,278 50,000 350,000 (100,000) 30,000 380,000 (50,000) (120,000) (15,000) (56,000) (300,000) Interest Receivable Other Current Assets Investment in Subsidiary Investment in Subsidiary Bonds Land Buildings & Equipment Rent Receivable Goodwill Interest Payable Other Current Liabilities Bonds Payable, 10% Other Long-term Liabilities Common Stock Paid-in Capital Retained Earnings Net Sales Cost of Goods Sold Operating Expenses Interest Expense Interest Income Subsidiary Income Dividends Declared Loss on Retirement of Bonds Totals (200,000) (200,000) (100,000) (280,212) (500,000) 300,000 100,000 (50,000) (70,000) (180,000) (400,000) 240,000 50,000 30,000 (6,778) (80,000) 50,000 20,000 0 0 PARENT SUBSIDIARY 371,000 7,500 157,212 410,000 162,278 50,000 350,000 (100,000) 30,000 380,000 (50,000) (120,000) (15,000) (56,000) (300,000) Interest Receivable Other Current Assets Investment in Subsidiary Investment in Subsidiary Bonds Land Buildings & Equipment Rent Receivable Goodwill Interest Payable Other Current Liabilities Bonds Payable, 10% Other Long-term Liabilities Common Stock Paid-in Capital Retained Earnings Net Sales Cost of Goods Sold Operating Expenses Interest Expense Interest Income Subsidiary Income Dividends Declared Loss on Retirement of Bonds Totals (200,000) (200,000) (100,000) (280,212) (500,000) 300,000 100,000 (50,000) (70,000) (180,000) (400,000) 240,000 50,000 30,000 (6,778) (80,000) 50,000 20,000 0 0