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You received partial credit in the previous attempt Check my work View previous Pitcher Corporation purchased 60 percent of Softball Corporation's voting common stock on

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You received partial credit in the previous attempt Check my work View previous Pitcher Corporation purchased 60 percent of Softball Corporation's voting common stock on January 1, 20X1. On December 31, 20x5 Pitcher received $275,000 from Softball for a truck Pitcher had purchased on January 1, 20X2, for $326,000. The truck is expected to have a 10-year useful life and no salvage value. Both companies depreciate trucks on a straight-line basis. b. Prepare the worksheet consolidation entry or entries needed at December 31, 20x6, to remove the effects of the intercompany sale. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) view transaction list Consolidation Worksheet Entries Record the entry to adjust Accumulated Depreciation. Note: Enter debits before credits. Event Accounts Debit Credit 2 Record entry Clear entry view consolidation entries

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