Question: help asap. answer based on knowledge or use google but answer in ur ownwords. @ Cambridge Business Publishers Chapter 4 | Consolidated Financial Statements and

help asap. answer based on knowledge or use google but answer in ur ownwords.

help asap. answer based on knowledge or use
@ Cambridge Business Publishers Chapter 4 | Consolidated Financial Statements and Intercompany Transactions 9. What is the purpose of the following entry relating to intercompany sales of depreciable assets in periods subsequent to the sale? ['dep] Accumulated depreciation . . .. XXX Depreciation expense . . . . .. XXX 10. In your own words, describe the purpose of the [ADJ] consolidation entry when the parent company applies the cost method of pre-consolidation bookkeeping. 11. Describe how, despite the fact they include different accounts, conceptually, the [C] entry under the equity method of pre-consolidation bookkeeping is the same as the [C] entry under the cost method of pre-consolidation bookkeeping

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