Paragraph Corporation purchased land on January 1 , 2 0 X 1 , for $ 2
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Question:
Paragraph Corporation purchased land on January X for $ On June X it sold the land to its subsidiary, Sentence Corporation, for $ Paragraph owns percent of Sentences voting shares.B Prepare the worksheet consolidation entries needed on December X and X if Sentence had initially purchased the land for $ and then sold it to Paragraph on June X for $ Record the consolidating entry on December X Record the consolidating entry on December X
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