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Question 6 1 p t s At the end of the first year, what entry is needed to convert the cost method investment account to

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Question 6
1pts
At the end of the first year, what entry is needed to convert the cost method investment account to the simple equity balance?
none
investment in subs diary
Retained Earnings
Retained Earnings
Investment in subsidiary
Common Stock
Retained Earnings
image text in transcribed

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