ADVANCED FIN. ACCT. LL W/ACCESS>CUSTOM<
ADVANCED FIN. ACCT. LL W/ACCESS>CUSTOM<
12th Edition
ISBN: 9781265074623
Author: Christensen
Publisher: MCG CUSTOM
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Chapter 7, Problem 7.17Q
To determine

Inter-Company Sale

Inter-Company Sale refers to the when there is a transaction between two companies such as parent company and subsidiary company.

: The reason of over time decrease when investment account is debited. In case of consolidation of prior period, unrealized intercompany profit on depreciable assets.

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