Prepare the journal entries on Peanut's books for the acquisition of Snoopy on January 1, 20X8,...

  

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Prepare the journal entries on Peanut's books for the acquisition of Snoopy on January 1, 20X8, as well as any normal equity method entry(ies) related to the investment in Snoopy Company during 20X8. Prepare a consolidation worksheet for 20X8. Complete this question by entering your answers in the tabs below. Prepare the journal entries on Peanut's books for the acquisition of Snoopy on January 1, 20X8, as well as any normal equity method entry(ies) related to the investment in Snoopy Company during 20X8. Prepare a consolidation worksheet for 20X8. Complete this question by entering your answers in the tabs below.