Push-Down Applied to Problems 5-1 to 5-6: At the Acquisition Date Use the following require¬

ments to implement push-down accounting for Problems 5-1 to 5-6 (pages 173-177).

1. Prepare ing. the general ledger entries the subsidiary makes under the push-down basis of account¬

2. Prepare the basic elimination entry as of the acquisition date.

3. For Problems 5-4, 5-5, and 5-6, also prepare a consolidation worksheet after having applied push-down accounting.