Question: Push-Down Applied to Problem 6-1: One Year After the Acquisition Date Use the following re quirements for working Problem 6-1 (page 215) under push-down accounting.

Push-Down Applied to Problem 6-1: One Year After the Acquisition Date Use the following re¬

quirements for working Problem 6-1 (page 215) under push-down accounting.

1. Adjust the parent and subsidiary column amounts to reflect (1) the push-down accounting ad¬

justments you determined for Problem 7-4 and (2) the related amortization for 2006.

2. Prepare all consolidation entries as of 12/31/06.

3. Prepare a consolidation worksheet at 12/31/06.

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