FAR F3 Acquisition Method!!! Help!!

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  • #177533
    Ihate7474
    Member

    Hi guys,

    I am having a such hard time going through the F3, especially acquisition method.

    I don’t understand the purpose of the eliminating journal entry (CAR-IN-BIG).

    Why do we have to prepare such journal during the year-end consolidating financial statement?

    Thanks!!!

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