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. 0n Januaryr 1, year A, Pencil Co. purchased 80 percent of the common stock of Sharpener Inc. for $1,680,000 in cash. At that date,
. 0n Januaryr 1, year A, Pencil Co. purchased 80 percent of the common stock of Sharpener Inc. for $1,680,000 in cash. At that date, 8' Stockholders Equity consisted of $1,500,000 of common stock ou...
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Principles of Accounting
Authors: Needles, Powers, crosson
11th Edition
1439037744, 978-1133626985, 978-1439037744
