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9. BB Inc., acquired a 60 percent interest in HH Company several years ago. During 20x7, HH sold inventory costing P75,000 to BB for P100,000.

9. BB Inc., acquired a 60 percent interest in HH Company several years ago. During 20x7, HH sold inventory costing P75,000 to BB for P100,000. A total of 16 percent of this inventory was not sold to o...

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