Consolidation working paper entries are made to eliminate 100% of the unrealized profit from the land account

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Consolidation working paper entries are made to eliminate 100% of the unrealized profit from the land account in downstream sales of land. Is 100% also eliminated for upstream sales of land?

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Advanced Accounting

ISBN: 9780131851221

9th Edition

Authors: Floyd A. Beams, Robin P. Clement, Suzanne H. Lowensohn, Joseph H. Anthony

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