This is a continuation of the $80\%$ problem

It is now December $31$st $2024$ and Bart and GAGA have the following financial statements:

Investment in GAGA

$A$ A

c

TOTAL ASSETS d

REQUIRED:

$1$

$2$

$3$

$4$

$5$

$6$

HINT: Watch out for dividends both GAGA's and BART's

LET ME KNOW WHAT METHOD YOU ARE USING $($COST $[$INITIAL VALUE$],$ PARTIAL EQUITY OR FULL EQUITY

MAKE THE ENTRIES Bart makes in $2024$ due to its investment in GAGA $($ignore purchase of GAGA stock$)$

MAKE NECESSARYWORKSHEET ENTRIES FOR $2024$

PREPARE A CONSOLIDATED INCOME STATEMENT

PREPARE A CONSOLDIATED BALANCE SHEET

intro

equity

$100\%$

$80\%$

income

INVENTORY

PPE

BOND

misc