Multiple Choice
On a consolidation worksheet, what adjustment would be made for 2017 regarding the land transfer?
A) Debit gain for $50,000.
B) Credit gain for $50,000.
C) Debit land for $15,000.
D) Credit land for $15,000.
E) Credit gain for $15,000.
Correct Answer:
Verified
Correct Answer:
Verified
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