PF Consolidated Inc. provided consulting services to its subsidiary, Sessions Athletic Gear, during 2017. PF Consolidated charged \($6,000,000\) of travel, salary, overhead and supplies costs to its administrative expenses account, and charged Sessions \($9,000,000\) for the services. By December 31, 2017, the end of PF's accounting year, Sessions has paid all but \($500,000\) of the balance due to PF. Sessions categorizes the services as administrative. 

Required

a. What balances appear in the December 31, 2017, trial balances of PF and Sessions with respect to these intercompany services? What balances should appear on the consolidated financial statements?

b. Prepare the working paper eliminating entries needed for these intercompany services at December 31, 2017.