Journal Entries for Consolidation

"1. Record the journal entries necessary on Crain’s books for 2005 assuming that Crain uses the equity method to account for its investment in Downey.
2. Prepare all worksheet eliminations in journal entry form necessary to consolidate Crain and Downey at December 31, 2005.
3. Prepare the consolidation worksheet for Crain and Downey at December 31, 2005.
"