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    Advanced Accounting Study Set 12
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    Exam 3: Consolidations - Subsequent to the Date of Acquisition
  5. Question
    Dutch Co Has Loaned $90,000 to Its Subsidiary, Hans Corp
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Dutch Co Has Loaned $90,000 to Its Subsidiary, Hans Corp

Question 4

Question 4

Essay

Dutch Co. has loaned $90,000 to its subsidiary, Hans Corp., which retains separate incorporation. How would this loan be treated on a consolidated balance sheet?

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The loan represents an intra-e...

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