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Barker Company Purchased 100 Percent of Coll Company for $130,000

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Barker Company purchased 100 percent of Coll Company for $130,000.The balance sheets for the two companies are provided below.Complete the work sheet by providing the figures for the Eliminations columns and the Consolidated Balance Sheet column.
Barker Company purchased 100 percent of Coll Company for $130,000.The balance sheets for the two companies are provided below.Complete the work sheet by providing the figures for the Eliminations columns and the Consolidated Balance Sheet column.

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