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Business, 02.08.2019 22:10 kwarwick0915

44) based on the preceding information, all of the following are consolidating entries required on december 31, 20x8, to prepare consolidated financial statements, except: a) common stock 50,000 retained earnings 90,000 income from sprout corp. 50,000 dividends declared 20,000 investment in sprout corp. 170,000 b) accounts payable 4,000 accounts receivable 4,000 c) depreciation expense 5,000 income from sprout corp. 5,000 d) buildings and equipment 20,000 accumulated depreciation 10,000 investment in sprout corp. 10,000

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