In 2006, a branch sold inventory it had acquired from its home office in 2005 at a markup of $8,000. Which entry is required in the combining statement worksheet in 2006?

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The Answer of In 2006, a branch sold inventory it had acquired from its home office in 2005 at a markup of $8,000. Which entry is required in the combining statement worksheet in 2006?

In 2006, a Branch Sold Inventory It Had Acquired from Its