Question: We have to use the COST Method to go through it and then prepare the elimination entries but first use the cost method. We also

 We have to use the COST Method to go through it

We have to use the COST Method to go through it and then prepare the elimination entries but first use the cost method. We also have to prepare the journal entries for the parent company using the cost method, and use those entries to help prepare the elimination entries. Thank you!

and then prepare the elimination entries but first use the cost method.

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