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INVESTMENT IN ASSOCIATES 51. On January 2, 2011, Maco, Inc. acquired a 15% interest in Nacon Corp. by paying P2,000,000 for 10,000 ordinary shares. On
INVESTMENT IN ASSOCIATES 51. On January 2, 2011, Maco, Inc. acquired a 15% interest in Nacon Corp. by paying P2,000,000 for 10,000 ordinary shares. On this date, the net assets of Nacon Corp. totaled ...
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Intermediate Accounting
Authors: Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield.
9th Canadian Edition, Volume 2
470964731, 978-0470964736, 978-0470161012
