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NEW QUESTION 23
Company A purchased 80% of Company B for 80 million in December of 2022. Company B's equity is 50 million. What accounting entries should be generated when consolidation is run for December of 2022?
Note: There are 2 correct answers to this question.
Answer: A,B
NEW QUESTION 24
What do group journal validation and substitution have in common?
Note: There are 2 correct answers to this question.
Answer: A,C
NEW QUESTION 25
Where do non-historic currency translation adjustments normally post?Note: There are 2 correct answers to this question.
Answer: B,C
NEW QUESTION 26
How can FS items be determined for balance carry forward? Note: There are 3 correct answers to this question.
Answer: B,C,D
NEW QUESTION 27
What can be assigned to a report item in a reporting rule?
Note: There are 2 correct answers to this question.
Answer: A,C
NEW QUESTION 28
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