Question: Problem 3 - 1 9 ( Algo ) ( LO 3 - 3 a ) Information in the first photo. Need the following 1 2

Problem 3-19(Algo)(LO 3-3a)
Information in the first photo. Need the following 12 journal entries and some are completed in the other attached photos.
1.Prepare entry *C to convert parent's beginning retained earnings to full accrual basis.
2.Prepare entry S to eliminate stockholders' equity accounts of subsidiary.
3.Prepare entry A to recognize allocations attributed to fair value of specific accounts at acquisition date with residual fair value recognized as goodwill.
4.Prepare entry I to eliminate the income accrual for 2020less the amortization recorded by the parent using the equity method.
5.Prepare entry D to eliminate intra-entity dividend transfers.
6.Prepare entry E to recognize current year amortization expense.
7.Prepare entry *C to convert parent's beginning retained earnings to full accrual basis.
8.Prepare entry S to eliminate stockholders' equity accounts of subsidiary for 2021.
9.Prepare entry A to recognize allocations attributed to specific accounts at acquisition date for 2021.
10.Prepare entry I to eliminate the income accrual for 2021less the amortization recorded by the parent using the equity method.
11.Prepare entry D to eliminate intra-entity dividend transfers.
12.Prepare entry E to recognize current year amortization expense.
Problem 3 - 1 9 ( Algo ) ( LO 3 - 3 a )

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