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Business, 26.05.2021 22:20 Teenabrewer28

Macklin Co. owned 70% of Holland Corp. During 2021, Macklin sold to Holland land with a book value of $51,000. The selling price was $75,000. For purposes of the December 31, 2021 consolidated financial statements, at what amount should the land be reported

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Macklin Co. owned 70% of Holland Corp. During 2021, Macklin sold to Holland land with a book value o...
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