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Which of the following results in an increase in the Equity in Investee Income account when applying the equity method? Multiple Choice Amortizations of purchase
Which of the following results in an increase in the Equity in Investee Income account when applying the equity method?
Multiple Choice
Amortizations of purchase price over book value on date of purchase.
Amortizations, since date of purchase, of purchase price over book value on date of purchase.
Sale of a portion of the investment at a gain to the investor.
Investors share of gross profit from intraentity inventory sales for the prior year.
Sale of a portion of the investment at a loss.
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