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A company purchased 44% ($250,000) in B Inc common stock at an 8% discount. He paid $5,700 in commissions. The debit to the investment account
A company purchased 44% ($250,000) in B Inc common stock at an 8% discount. He paid $5,700 in commissions.
The debit to the investment account is _______________ .
a. $250,000
b. $235,700
c. $230,000
d. $255,700
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Mergers And Acquisitions Made Simple
Authors: Umran Nayani
1st Edition
8375117522, 979-8375117522
