The 2014 unrealized gain from the intercompany sale
A) should be recognized in consolidation in 2014 by a working paper entry.
B) should be eliminated from consolidated net income by a working paper entry that credits land for $14,000.
C) should be eliminated from consolidated net income by a working paper entry that debits land for $14,000.
D) should be eliminated from consolidated net income by a working paper entry that credits gain on sale of land for $14,000.
B
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