Consolidation worksheet for gain on constructive retirement of subsidiary's debt with no AAP-Equity method ...

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Accounting

Consolidation worksheet for gain on constructive retirement of subsidiary's debt with no AAP-Equity method
straight-line method. This results in annual bond-payable premium amortization equal to $7,680 per year.
amortization equal to $9,600 per year.
The Parent and the Subsidiary report the following financial statements for the year ended December 31,2022:
Round answers to the nearest whole number.
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