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    Advanced Accounting
  4. Exam
    Exam 3: Consolidations - Subsequent to the Date of Acquisition
  5. Question
    At the End of 2017, the Consolidation Entry to Eliminate
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At the End of 2017, the Consolidation Entry to Eliminate

Question 86

Question 86

Multiple Choice

At the end of 2017, the consolidation entry to eliminate Cale's accrual of Kaltop's earnings would include a credit to Investment in Kaltop Co.for


A) $124,400.
B) $126,000.
C) $127,000.
D) $ 76,400.
E) $ 0.

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