If the accountant did not prepare the elimination entry of unrealized profit in inventories at the end of any year, this

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answerhappygod
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If the accountant did not prepare the elimination entry of unrealized profit in inventories at the end of any year, this

Post by answerhappygod »

If the accountant did not prepare the elimination entry of
unrealized profit in inventories at the end of any year, this will
affect the consolidated net income in that year and in all
subsequent years. Discuss this statement and support your answer
with a numerical example.
i need a correct answer please with detailed
explanation
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