Bradshaw Company owns (100 %) of Dee Company. At year-end, Dee owes Bradshaw ($ 150,000) arising from

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Bradshaw Company owns \(100 \%\) of Dee Company. At year-end, Dee owes Bradshaw \(\$ 150,000\) arising from a loan made during the year. If a consolidated balance sheet is prepared at year-end, how is the \(\$ 150,000\) handled? Explain.

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