Bonnie Companys income statement reported revenue of $1,000,000, of which $10,000 was sales to Charlie Company. Charlie
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Bonnie Company’s income statement reported revenue of $1,000,000, of which $10,000 was sales to Charlie Company. Charlie Company’s income statement reported revenue of $500,000, of which
$20,000 was sales to Bonnie Company. Revenue on the consolidated income statement would be reported as $ .
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