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Need Journal Entries done for this, thank you 7. Choice owns 34% of Banfield, Inc. as an investment. Banfield reports net income of $51,250. There

image text in transcribed Need Journal Entries done for this, thank you

7. Choice owns 34% of Banfield, Inc. as an investment. Banfield reports net income of $51,250. There is no FMV adjustments that need to be made. Make the entry as of 12/31/19. (Chapter 12)

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