Question: i do not need letter A but need all other parts On December 31, 20X6, Print Corporation and Size Company entered into a business combination

i do not need letter A but need all other parts

On December 31, 20X6, Print Corporation and Size Company entered into a business combination in which Print acquired all of Size's common stock for $961,000. At the date of combination, Size had common stock outstanding with a par value of $111,000, additional paid-in capital of $410,000, and retained earnings of $179,000. The fair values and book values of all Size's assets and liabilities were equal at the date of combination, except for the following: The bulidings had a remaining life of 17 years, and the equipment was expected to last another 7 years. In accounting for the business combination. Print decided to use push-down accounting on Size's books. During 20X7. Size eamed net income of $90,000 and paid a dividend of $65,000. All of the inventory on hand at the end of 206 was. sold during 207. During 208. Size earned net income of $92,000 and paid a dividend of $65,000. Required: b. Record any entries that would be made on December 31, 206, on Size's books related to the business combination if pusti-down accounting is employed. c. Present all consolidating entries that would appear in the worksheet to prepare a consolidated balance sheet immediately after the combination. d. Present all entries that Print would record during 207 related to its investment in Size if Print uses the equity-method of accounting for its investment. e. Present all consolidating entries that would appear in the worksheet to prepare a full set of consolidated financial statements for the year 207 f. Present all consolidating entries that would appear in the worksheet to prepare a full set of consolidated finanicial statements for the year 208

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