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In Consolidation at December 31, 2019, What Adjustment Is Necessary

Question 76

Multiple Choice

In consolidation at December 31, 2019, what adjustment is necessary for Hogan's Equipment account?

A) $3,000 increase.
B) $3,000 decrease.
C) $2,700 increase.
D) $2,700 decrease.
E) No adjustment is necessary.

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