Why is there need for an eliminating entry when an intercompany inventory transfer is made at cost?

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Advanced Financial Accounting

ISBN: 978-0073526911

8th Edition

Authors: Richard Baker, Valdean Lembke, Thomas King, Cynthia Jeffrey

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Question Posted: Dec 04, 2023 02:38 AM

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Why is there need for an eliminating entry when an intercompany inventory transfer is made at cost?

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Advanced Financial Accounting

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