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1. The condensed Statements of Financial Position of GM and SR on January 1, 2016 are as follows: GM SR Total Assets 10,250,000 3,057,500 Liabilities

1. The condensed Statements of Financial Position of GM and SR on January 1, 2016 are as follows: GM SR Total Assets 10,250,000 3,057,500 Liabilities 2,775,000 800.000 Ordinary Shares 3,100,000 1,295,...

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