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please show work Free Corp owns 85% of Clear Co. Free uses the equity method to account for this investment. During 2018, Free sells inventory
please show work
Free Corp owns 85% of Clear Co. Free uses the equity method to account for this investment. During 2018, Free sells inventory to Clear for $41,130. The inventory originally cost Free $34,960. At 12.31.2018, 20% of the goods were still in Clear's inventory. Prepare the Consolidation Entry TI and Consolidation Entry G for the consolidation worksheet [3 points) Step by Step Solution
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