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In Consolidation at December 31, 2020, What Adjustment Is Necessary

Question 45

Multiple Choice

In consolidation at December 31, 2020, what adjustment is necessary for Hogan's Land account?

A) $7,000 decrease.
B) $7,000 increase.
C) $6,300 increase.
D) $6,300 decrease.
E) No adjustment is necessary.

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