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In chapter four, we covered inter-company accounting transactions as they pertain to merchandise, plant assets, notes, and inter-company long-term construction contracts. Select one of the

In chapter four, we covered inter-company accounting transactions as they pertain to merchandise, plant assets, notes, and inter-company long-term construction contracts. Select one of the topics, and explain in 200 words or more how the actual accounting procedures take place. Also, identify some of the issues that the accountant may face on the topics above.

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