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On july 2010, October 2017, Parent Ltd sold $50,000 of inventory-Type A to Subsidary Ltd, but it cost Parent Ltd $40,000. Subsidary Ltd held one-half

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On july 2010, October 2017, Parent Ltd sold $50,000 of inventory-Type A to Subsidary Ltd, but it cost Parent Ltd $40,000. Subsidary Ltd held one-half (50%) of inventory at 30 June 2018. In preparing consolidated financial statements for the year ending 30 June 2018, the consolidated journal entries will have a

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