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In January 2, 20x7, Cagayan Company acquired 80 percent of the capital of Thailand Company for P700,000. On this date, the stockholder's equity of the

In January 2, 20x7, Cagayan Company acquired 80 percent of the capital of Thailand Company for P700,000. On this date, the stockholder's equity of the Thailand Company consisted of the following accou...

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