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In preparing consolidated financial statements, a. the use of the equity method by the parent company requires the fewest adjustments in consolidation. b. it is

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In preparing consolidated financial statements, a. the use of the equity method by the parent company requires the fewest adjustments in consolidation. b. it is possible to first compute the appropriate consolidated balances and then work backwards to determine the adjustments needed to achieve them. c. debits and credits should equal for consolidation entries. d. All of the above are true

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