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1.) On January 1, 2019, Mega Company acquired 10% of the outstanding ordinary shares of Penny Company for P4,000,000. The investment was appropriately accounted for
1.) On January 1, 2019, Mega Company acquired 10% of the outstanding ordinary shares of Penny Company for P4,000,000. The investment was appropriately accounted for under cost method. On January 1, ...
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College Accounting A Practical Approach
Authors: Jeffrey Slater
12th edition
978-0132772068, 133468100, 013277206X, 9780133468106, 978-0133133233
