A LTI Launch x Question 7 - Ch.1 Consolidations X Q course hero - Search * *Course Hero * + X (@ https://ezto.mheducation.com/ext/map/index.html?_con=conexternal_browser=0launchUrl=https%253A%252F%252Fconnect.mheducation.com%252Fconnect%252Fltiwrapper%252FltiaCloseWi... . . . Ch.1 Consolidations | Homework i Saved Help Save Exit Submit G Check my work 7 W y! Camille, Incorporated, sold $164,000 in inventory to Eckerle Company during 2023 for $200,000. Eckerle resold $105,000 of this merchandise in 2023 with the remainder to be disposed of during 2024. 10 points Required: Assuming that Camille owns 30 percent of Eckerle and applies the equity method, what journal entry is recorded at the end of 2023 to f defer the intra-entity gross profit? eBook Note: If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Do not round in Print intermediate calculations. References View transaction list View journal entry worksheet x No Transaction General Journal Debit Credit 1 a Equity in Investee Income W Investment in Eckerle GW + Mc Graw Hill 4 77OF hp 9:42 PM Clear Q Search ~ ENG + ( D 10/7/2025