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    Advanced Accounting Study Set 14
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    Exam 5: Allocation and Depreciation of Differences Between Implied and Book Values
  5. Question
    Under Push Down Accounting, the Workpaper Entry to Eliminate the Investment
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Under Push Down Accounting, the Workpaper Entry to Eliminate the Investment

Question 9

Question 9

Multiple Choice

Under push down accounting, the workpaper entry to eliminate the investment account includes a:


A) debit to Goodwill.
B) debit to Revaluation Capital.
C) credit to Revaluation Capital.
D) debit to Revaluation Assets.

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