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    Exam 5: Consolidated Financial Statements Intra-Entity Asset Transactions
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    What Is the Consolidated Gain or Loss on Equipment for 2017
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What Is the Consolidated Gain or Loss on Equipment for 2017

Question 107

Question 107

Multiple Choice

What is the consolidated gain or loss on equipment for 2017?


A) $ 0.
B) $ 9,000 gain.
C) $ 9,000 loss.
D) $21,000 gain.
E) $21,000 loss.

Correct Answer:

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