2. (7) Justings Co. owned 80% of Evana Corp. During 2006, Justings sold to Evana...

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Accounting

2. (7) Justings Co. owned 80% of Evana Corp. During 2006, Justings sold to Evana land with a book value of $48,000. The selling price was $70,000. A. Create the eliminations regarding this transaction for 2006 and 2007, TL and *TL. nventory is no longer sold by Kent to X-Beans do the following:

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