The working paper eliminations (in journal entry format) for Pentil Corporation and its wholly owned subsidiary on June 30, 2006, included the following:
Prepare comparable working paper eliminations (in journal entry format) for Pentil Corporation and subsidiary on December 31, 2006, but omit explanations. (Pentil prepares consolidated financial statements semiannually, and both Pentil and Sable use the interest method of accumulation or amortization of bond discount.)

Question

The working paper eliminations (in journal entry format) for Pentil Corporation and its wholly owned subsidiary on June 30, 2006, included the following:
  Prepare comparable working paper eliminations (in journal entry format) for Pentil Corporation and subsidiary on December 31, 2006, but omit explanations. (Pentil prepares consolidated financial statements semiannually, and both Pentil and Sable use the interest method of accumulation or amortization of bond discount.)

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The Answer of The working paper eliminations (in journal entry format) for Pentil Corporation and its wholly owned subsidiary on June 30, 2006, included the following:
  Prepare comparable working paper eliminations (in journal entry format) for Pentil Corporation and subsidiary on December 31, 2006, but omit explanations. (Pentil prepares consolidated financial statements semiannually, and both Pentil and Sable use the interest method of accumulation or amortization of bond discount.)

The Working Paper Eliminations (In Journal Entry Format) for Pentil