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Determining ending consolidated balances in the second year following the acquisition-Cost method parent uses the cost method of pre-consolidation Equity investment bookkeeping. The financial statements
Determining ending consolidated balances in the second year following the acquisition-Cost method parent uses the cost method of pre-consolidation Equity investment bookkeeping. The financial statements of the parent and its subsidiary for the year ended December 31, 2016, are as follows: At what amount will the following accounts appear on the consolidated financial statements? Do not use negative signs with any of your answers
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