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imagine you are investing in a company having more than 30% of investment and you feel the need to update the accounting books, what accounting
imagine you are investing in a company having more than 30% of investment and you feel the need to update the accounting books, what accounting approach would you use? your investment is $1 ,illion and accounting year ends on december 31st 2019, the fiar value of the investment goes up to $1.3 million on that date. how would you record in your books?
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