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The adjustment to intra-group profit on opening inventory is made in the consolidation worksheet. One side of this journal adjusts opening inventory and the other

The adjustment to intra-group profit on opening inventory is made in the consolidation worksheet. One side of this journal adjusts opening inventory and the other side adjusts what account?

a. Foreign currency translation reserve.

b. Closing retained earnings.

c. Purchases.

d. Opening retained earnings.

e. Business combination reserve.

f. Sales.

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