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  3. 62. li ltd is the parent of du ltd. on 1 january 2

62. Li Ltd is the parent of Du Ltd. On 1 January 20X3 Li Ltd...

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Accounting

62. Li Ltd is the parent of Du Ltd. On 1 January 20X3 Li Ltd made a loan to Du Ltd in the form of bills of exchange in the total amount of $80,000 face value.

Which is the correct set of consolidation entries for June 30 20X3 in respect of the bills of exchange?

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