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Company Big is the parent company of Company Small, we have the following questions to h answered (each question, marked as a, b, c, c,
Company Big is the parent company of Company Small, we have the following questions to h answered (each question, marked as a, b, c, c, ..., is independent from the others. 1. In 2008 Big sold a piece of land to Small for $ 8,000,000. Land was purchase by Big for $6,000,000. By the end of 2008, small sold the land to someone outside the group for $9,000,000. Please write down the adjusting journal enuies to reconcile to the group perspective for 2008
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