Solve the below problem:
Q: On June 10, 20x8, tower corporation acquired 100 percent of brown company's common stock. Summarized balance sheet data for the two companies immediately after the stock acquisition are as follows:
Required
a. give the eliminating entries required to prepare a consolidated balance sheet immediately after the acquisition of brown company shares.
b. explain how eliminating entries differ from other types of journal entries recorded in the normal course of business.