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Prepare the consolidation worksheet entries on June

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Question - Pitt Ltd acquired 80% of issued shares from Brad Ltd in 2016 On 29 June 2019, Brad Ltd sold plant to Pitt Ltd for a before-tax profit of $2,000. This plant was carried at $3,000 (original cost $20,000) in the records of Brand Ltd at time of sale. Prepare the consolidation worksheet entries on 30 June 2019?

Reference no: EM132984879

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