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For the year ended December 31, 20x8, selected line items from the home office and branch columns of the combining statement worksheet follow: Home office
For the year ended December 31, 20x8, selected line items from the home office and branch columns of the combining statement worksheet follow: Home office Branch Cost of sales P(250,000) P(50,000) Branch income 25,000 Net income 90,000 15,000 Allowance for overvaluation, 12/31/20x8 6,000 I got 290,000 combined Cost of sales.. Please show the solution, Also What is the combined income? For the year ended December 31, 20x8, selected line items from the home office and branch columns of the combining statement worksheet follow: Home office Branch Cost of sales P(250,000) P(50,000) Branch income 25,000 Net income 90,000 15,000 Allowance for overvaluation, 12/31/20x8 6,000 I got 290,000 combined Cost of sales.. Please show the solution, Also What is the combined income
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