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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Related Book For
Advanced Accounting
ISBN: 9780131851221
9th Edition
Authors: Floyd A. Beams, Robin P. Clement, Suzanne H. Lowensohn, Joseph H. Anthony
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Consolidation workpaper entries are made to eliminate 100 percent of the unrealized profit from the land account in downstream sales of land. Is 100 percent also eliminated for upstream sales of land?
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