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    Exam 4: Consolidated Financial Statements and Outside Ownership
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    In Consolidation at January 1, 2019, What Adjustment Is Necessary
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In Consolidation at January 1, 2019, What Adjustment Is Necessary

Question 33

Question 33

Multiple Choice

In consolidation at January 1, 2019, what adjustment is necessary for Hogan's Equipment account?


A) $4,000 increase.
B) $4,000 decrease.
C) $3,600 increase.
D) $3,600 decrease.
E) No adjustment is necessary.

Correct Answer:

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