Chapter 5, Problem 6.1E

To determine

Consolidated Financial Statement:

Consolidated financial statements are financial statements of an entity with multiple divisions or subsidiaries. The consolidation financial statement requires a company to integrate and combine all of its financial accounting functions together in order to create consolidated financial statements that show result in balance sheet, income statement and cash flow statement.

: Computation of elimination and adjustment entries required for consolidated worksheet and amortization schedules will be needed to January 1, 2018.