Final answer:
The additional worksheet entry required under the partial equity method for consolidation is to adjust the retained earnings by debiting Investment in Fiore and crediting Retained Earnings for the excess of the investor's share of the subsidiary's earnings over dividends received.
Step-by-step explanation:
The student's question pertains to the additional consolidation worksheet entry needed when using the partial equity method, as opposed to the full equity method. In the years following an acquisition, under the partial equity method, the parent company's investment account is adjusted for its share of the subsidiary's earnings that are reported and for dividends received. However, the investment is not adjusted for the subsidiary's income that has been reinvested in the business (retained earnings).
Therefore, the additional worksheet entry required for consolidation under the partial equity method that is not required under the full equity method involves adjusting the retained earnings. Specifically, the entry to eliminate the excess of the investor's share of subsidiary earnings over dividends received would be to debit Investment in Fiore and credit Retained Earnings by the excess amount. This adjustment ensures that the parent's investment account reflects only the actual amount of dividends received, not the undistributed earnings of the subsidiary.