In May 20X7, a parent entity sold inventory to a subsidiary entity for $30 000. The inventory had previously cost the parent entity $24 000. The entire inventory is still held by the subsidiary at reporting date, 30 June 20X7. Ignoring tax effects, the adjustment entry in the consolidation worksheet at reporting date is:
Definitions:
Psychological Problems
Issues or disorders that affect a person's mind, impacting their emotions, behavior, and thoughts.
Response Rate
The proportion of individuals who respond to a certain treatment or stimulus out of the total number of subjects.
Consumer Reports
Non-profit organization and magazine that provides reviews and comparisons of consumer products and services based on testing and customer feedback.
Psychotherapy
A therapeutic treatment that involves psychological methods, particularly when based on regular personal interaction, to help a person change behavior and overcome problems in desired ways.
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