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Please do all journal entries thx

Pizza Corporation purchased 100 percent of the common stock of Slice Corporation on January 1,20X2, by issuing 49,000 shares of its $7 par value common stock. The market price of Pizza's shares at the date of issue was $24. Slice reported net assets with a book value of $1,088,500 on that date. The amount paid in excess of the book value of Slice's net assets was attributed to the increased value of patents held by Slice with a remaining useful life of 7 years. Slice reported net income of $59,000, paid dividends of $24,000 in 202, reported a net loss of $47,000, and paid dividends of $14,000 in 203. Required: Assuming that Pizza Corporation uses the equity method in accounting for its investment in Slice Corporation, prepare all journal entries for Pizza for 202 and 203. Note: If no entry is required for a transaction/event, select "No journal entry required" in the first account field. uming that Pizza Corporation uses the equity method in accounting for its investment in Slic ies for Pizza for 202 and 203. e: If no entry is required for a transaction/event, select "No journal entry required" in the Journal entry worksheet 6 7 Record the dividend from Slice Corporation for 202. Note: Enter debits before credits. Journal entry worksheet Record the equity-method income or loss for 202. Note: Enter debits before credits. tries for Pizza for 202 and 203. ote: If no entry is required for a transaction/event, select "No journai entry required" Journal entry worksheet 1 7 Record the amortization of the differential value for 202. Note: Enter debits before credits. Journal entry worksheet Record the dividend from Slice Corporation for 203. Note: Enter debits before credits. Journal entry worksheet Record the equity-method income or loss for 203. Note: Enter debits before credits. Journal entry worksheet 12 5 Record the amortization of the differential value for 203. Note: Enter debits before credits

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