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(iii) Balance sheet (Leave no cells blank - be certain to enter O wherever required. Amounts to be deducted should be indicated with a
(iii) Balance sheet (Leave no cells blank - be certain to enter "O" wherever required. Amounts to be deducted should be indicated with a minus sign.) Poplar Ltd. Consolidated Balance Sheet Dec. 31, Year 7 Total assets $ 0 Total liabilities and shareholders' equity $ 0 (b) Calculate the December 31, Year 7, balance in the account Investment in Spruce if Poplar had used the equity method to account for its investment. (Omit $ sign in your response.) Balance, Dec. 31, Year 7 $ (c) This part of the question is not part of your Connect assignment.
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