-what would be the debit account on the B entey?

-what would be the debit and credit of the gain in the C entry?

Assume that on June 15,2012 a parent company sells land that originally cost $200,000 to its wholly-owned $ a. Prepare the required [1] consolidation entry in 2012. b. Prepare the required []] consolidation entry required at the end of each year 2013 through 2018. c. Assume that the subsidiary resells the land outside of the consolidated group for $340,000 on Novem d. What will be the amount of gain reported in the consolidated income statement in 2019