In preparing consolidated financial statements,all of the following commonly require elimination entries except a(n)

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Elimination entries are required for intercompany transactions, which involve transactions between affiliated companies. A receivable from a nonaffiliated company does not require elimination entries because it is not an intercompany transaction. Therefore, option B does not require elimination entries. The other options, intercompany payable, intercompany sale, and intercompany investment, all involve transactions between affiliated companies and require elimination entries.

In Preparing Consolidated Financial Statements,all of the Following Commonly Require