Recent content by Power of Serbia

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    Intercompany Transfers and Consolidated Financial Statements in Accounting?

    1. An intercompany sale took place whereby the transfer price exceeded the book value of a depreciable asset. Which statement is true for the year following the sale? A. a worksheet entry is made with a debit to gain for a downstream transfer B. a worksheet entry is made with a debit to gain...
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    Intercompany Transfer and Consolidated Financial Statements in Acccounting?

    1. An intercompany sale took place whereby the transfer price exceeded the book value of a depreciable asset. Which statement is true for the year following the sale? A. a worksheet entry is made with a debit to gain for a downstream transfer B. a worksheet entry is made with a debit to gain...
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    Whats the weirdest thing you've tasted?

    creme brule - I know a lot of people love it, but I hated the taste of the caramel on top.
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