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Question 2 Not yet answered Marked out of 100 p x question .000 A parent provides consulting services to its wholly owned subsidiary during the

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Question 2 Not yet answered Marked out of 100 p x question .000 A parent provides consulting services to its wholly owned subsidiary during the year. The parent chared the subsidiary 5.300.000 for the services. The parents cost of providing the The companies use service revenue and service expenses appropriate to record the transaction on the own books. The consolidation eliminating entry or entries related to the intercompany services include an adjustment to the parents accounts as follows: Select one: A debit to service expense $265.000 Badebt to service revenue 100.000 O c credit to service expense 300.000 D. a credit to service revenue 5265.000 Net

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