Investor owns 20% of Investee and applies the equity method. In 2020, Investee sells merchandise...
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Accounting
Investor owns 20% of Investee and applies the equity method. In 2020, Investee sells merchandise costing $100,000 to Investor for $150,000. Investor's ending inventory includes $30,000 purchased from Investee. What amount of unrealized gross must be deferred in the equity method entry?
Select one:
A. $10,000
B. $ 2,000
C. $30,000
D. $ 6,000
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