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question 2
2-On Jan 2, 2020, Parent sells to its wholly owned investee equipment that had cost $250,000. The selling price was $180,000
Question 5
5-Parent Co. acquired 100% of Sub, Inc. on January 1, 2021. During 2021, Parent sold goods to Sub for $260,000 that cost Pare
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Answer page: 01 to years 0 cost 10 O paxhiulars Amount(!) Amount depneviation expense Subsidiar cost 250000 Useful life Salva02 page: 02 5000 5000 © consolidation entries gain on sale o equipment To equipment O depreciation expense To accumulated dep

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