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Intercompany sales a. do not need to be eliminated as long as the sales have been completed to an outside party. b. must be eliminated
Intercompany sales
a. | do not need to be eliminated as long as the sales have been completed to an outside party. |
b. | must be eliminated from both the sales and cost of goods sold accounts. |
c. | do not need to be eliminated if made at arm's length values. |
d. | must be eliminated only if not in the ordinary course of trade or business. |
e. | do not need to be eliminated. |
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