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Strayten Corp

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Strayten Corp. is a wholly owned subsidiary of Quint Inc. Quint decided to use the initial value method to account for this investment. During 2021, Strayten sold Quint goods, which had cost $48,000. The selling price was $64,000. Quint still had one-eighth of the goods purchased from Strayten on hand at the end of 2021.Required:Prepare Consolidation Entry *G, which would have to be recorded at the end of 2022.

Recognize the importance of managing emotions in personal development.
Understand the correlation between creativity and intelligence.
Recognize the role of educational and economic factors in narrowing the IQ gap between different racial groups.
Be aware of controversial theories and their historical context regarding intelligence differences among populations.

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