On January 1 2015 Lennon Corporation Acquires 100 Of Ono

On January 1, 2015, Lennon Corporation acquires 100% of Ono Inc. for $220,000 in cash. The condensed balance sheets of the two corporations immediately following the acquisition are shown below.

On January 1, 2015, Lennon Corporation acquires 100% of Ono

Instructions
Prepare a worksheet for a consolidated balancesheet.

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