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Equity Method and Eliminating Entries, Second Year Note: Provide all answers in thousands. a . Calculate equity in net income of San Jose for 2
Equity Method and Eliminating Entries, Second Year
Note: Provide all answers in thousands.
a Calculate equity in net income of San Jose for reported on Playtel's books
$
b Calculate the December investment balance, reported on Playtel's books.
$
c Prepare eliminating entries CER and O required to consolidate Playtel's trial balance accounts with those of San Jose on December
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