On January 1, 2020, Pinnacle Corporation exchanged

The separate financial statements for the two companies for the year ending December 31, 2021, follow. Credit balances are in

a. Prepare a worksheet to consolidate the financial information for these two companies. b. Compute the following amounts tha

PINNACLE COMPANY AND SUBSIDIARY STRATA Consolidation Worksheet For Year December 31, 2021 Consolidation Entries Pinnacle Acco

260.000 606,000 Interest expense Depreciation expense Amortization expense Dividend Income Net income 255,000 366,000 641,000

Compute the following amounts that would appear on Pinnacles 2021 separate (nonconsolidated) financial records if Pinnacles

Required A Required B Required What effect does the parents internal investment accounting method have on its consolidated f