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LO 6 P4.16 Cost Method and Eliminating Entries Four Years After Acquisition (see related P4.12) Use the information provided in P4.12, but assume that Peerless

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LO 6 P4.16 Cost Method and Eliminating Entries Four Years After Acquisition (see related P4.12) Use the information provided in P4.12, but assume that Peerless Network uses the cost method to account for (APPENDIX) its investment in Sound Telecom Required Prepare the working paper to consolidate the trial balances of Peerless Network and Sound Telecom at December 31, 2021. LO 6 P4.16 Cost Method and Eliminating Entries Four Years After Acquisition (see related P4.12) Use the information provided in P4.12, but assume that Peerless Network uses the cost method to account for (APPENDIX) its investment in Sound Telecom Required Prepare the working paper to consolidate the trial balances of Peerless Network and Sound Telecom at December 31, 2021

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