ENTRY A- Record the basic consolidation entry

ENTRY B- Record the entry to defer this year's unrealized profit on inventory's transfers.

Could someone PLEASE help me with this, I can't figure it out at all. This is all the information that was given to me on this problem.

Pint acquired the shares of Saloon Company on January 1, 20X7. On December 31, 20X8, assume Pint sold inventory to Saloon during 208 for $116,000 and Saloon sold inventory to Pint for $308,000. Pint's balance sheet contains inventory items purchased from Saloon for $103,000. The items cost Saloon $63,000 to produce. In addition, Saloon's inventory contains goods it purchased from Pint for $26,000 that Pint had produced for $15,600. Assume Saloon reported net income of $74,000 and dividends of $14,800 Required a. Prepare all consolidation entries needed to complete a consolidated balance sheet worksheet as of December 31, 20X8. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Do not round intermediate calculations.) Answer is not complete. Accounts Debit Credit NCI in NI of Saloon Company Income from Saloon Company Sales Cost of goods sold Inventory b. Prepare a consolidated balance sheet worksheet as of December 31, 20X8. (Do not round intermediate calculations. Values in the first two columns (the "parent" and "subsidiary" balances) that are to be deducted should be indicated with a minus sign, while al values in the "Consolidation Entries" columns should be entered as positive values. For accounts where multiple adjusting 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.) Answer is not complete. PINT CORPORATION &SUBSIDIARY Consolidated Balance Sheet Worksheet December 31, 20X8 Consolidation Entries Pint Corporation Saloon Com DR CR Consolidated Assets Cash and receivables Inventory Buildings &equipment (net) Investment in Saloon Company Total Assets $105,000S 164,000 321,000 230,400 59,000 104,000 297,000 $164,000 268,000 618,000 230,400 0 $ 1,280,400 $ 820,400 460,000 S PINT CORPORATION & SUBSIDIARY Consolidated Balance Sheet Worksheet December 31, 20X8 Consolidation Entries Pint Corporation Saloon Comp DR CR Consolidated Assets Cash and receivables Inventory Buildings & equipment (net) Investment in Saloon Company Total Assets Liabilities & Equity Accounts payable Common stock Retained earnings NCl in NA of Saloon Company Total Liabilities & Equity 164,000 321,000 230,400 $ 820,400 $ 105,000$ 59,000 104,000 297,000 0 $164,000 268,000 618,000 230,400 0 $ 1,280,400 460,000 S $121,400$ 76,000 146,000 238,000 186,000 513,000 $ 197,400 332,000 751,000 $ 820,400 460,000 S 0 $ 1,280,400