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Q. 6 6. December 31 consolidated financial statements are being prepared for Allsports Company and its new subsidiary acquired on July 1 of the current

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Q. 6

6. December 31 consolidated financial statements are being prepared for Allsports Company and its new subsidiary acquired on July 1 of the current year. Should Allsports adjust its consolidated balances for the preacquisition subsidiary revenues and expenses

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