Use the information relating to Weber Company and Fairfield Company in Exercise 9-3. Required: Prepare in general
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Prepare in general journal form the intercompany bond elimination entries for the consolidated statements workpapers prepared on December 31, 2011, December 31, 2012, and December 31, 2013.
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December 31 20 11 Cost and Partial Equity Complete Equity Premium on Bonds Payable 34000 x 60 20400 20400 Constructive Gain on Bond Retirement 20400 2...View the full answer
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