Parent company a owns both company b and company c company, Financial Accounting

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Parent company a owns both company b and company c company

Parent Company A owns both Company B and Company C. Company B sells $3,000 of inventory for a price of $10,000 to Company C in December. However, Company C does not pay until January. What are the entries in December and January for Parent Company A, Company B, and Company C?

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Financial Accounting: Parent company a owns both company b and company c company

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Financial Accounting: Parent company a owns both company b and company c company

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