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4. SAPPHIRE Company acquired the following assets in a single transaction price of P22,000,000: Required: Determine the initial measurement of each acquired asset under each

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4. SAPPHIRE Company acquired the following assets in a single transaction price of P22,000,000: Required: Determine the initial measurement of each acquired asset under each of the following independent scenarios: 1. The transaction is not a business combination. 2. The transaction is a business combination

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