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Aaron Questions no 9 through 14 are based on the below fact Akron, Inc., owns all outstanding stock of Toledo Corporation. Amortization expense of $15.000

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Aaron Questions no 9 through 14 are based on the below fact Akron, Inc., owns all outstanding stock of Toledo Corporation. Amortization expense of $15.000 per year for patented technology resulted from the original acquisition. For 2018 the companies had the following account balances Toledo Sales $1,100,000 S600,000 Cost of goods sold 500 000 100 000 Operating expenses 400.000 220 000 Investment income Not given Dividends declared 80.000 30.000 Intra-entity sales of $320,000 occurred during 2017 and again in 2018. This merchandise cost $240.000 each year of the total transfers, 570.000 was still held on December 31 2017, with $50.000 unsold on December 31, 2018 What is entry G"? Cost of Goods sold (seller) 17.500 Inventory 17.500 Net Income ster) 17.500 Costs of goods sold 17.500 Accounts Receivable 17.500 Sales 17.500 Prior year Net Income (seller) 17.500 Costs of goods sold 17.500 More than one answer is correct

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