es is a violation of my copyrigh In the year 2022, the parent company MajesticCorp held complete ownership of the common stock of its subsidiary, StellarInc. Majestic Corp reported sales amounting to $1,000,000, with a cost of goods sold reaching $700,000. Simultaneously, StellarInc achieved sales of $250,000 and incurred a cost of goods sold of $200,000. Throughout the year, StellarInc sold merchandise to MajesticCorp, priced at $10,000, at a cost of $8,000. As the year came to a close, Majestic Corp still retained 20 percent of this inventory. Violation Write consolidation entries [TI], [G] in year 2022 and entry *[G] in year 2023. yedu. Unauthorized shar

In the year 2022, the parent company MajesticCorp held complete ownership of the common stock of its subsidiary, StellarInc. MajesticCorp reported sales amounting to $1,000,000, with a cost of goods sold reaching $700,000. Simultaneously, StellarInc achieved sales of $250,000 and incured a cost of goods sold of $200,000. Throughout the year, StellarInc sold merchandise to MajesticCorp, priced at S10,000, at a cost of $8,000. As the year came to a close, MajesticCorp still retained 20 percent of this inventory: Write consolidation entries [TI], [G] in year 2022 and entry [G] in year 2023