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Yoderly Co., a wholly owned subsidiary of Nelson Corp., sold goods to Nelson near the end of 2011. The goods had cost Yoderly $105,000 and the selling price was $140,000. Nelson had not sold any of the goods by the end of the year.
Required:
Prepare Consolidation Entry TI and Consolidation Entry G that are required for 2011.
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Convenience sampling is a non-probability sampling technique where samples are selected based on their accessibility and proximity to the researcher, rather than a random selection process.
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