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6.MARY Company acquired 80% of the outstanding shares of MAMA Company for P800,000 on January 1, 2019. On this date, MAMA reports capital stock of

6.MARY Company acquired 80% of the outstanding shares of MAMA Company for P800,000 on January 1, 2019. On this date, MAMA reports capital stock of P300,000, Share Premium of P350,000 and Retained Earn...

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