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On 1/1/2021 P company acquired 80% of S company. Accounts receivable balance for P company is 26000 JD, Accounts receivable balance for S company is
On 1/1/2021 P company acquired 80% of S company. Accounts receivable balance for P company is 26000 JD, Accounts receivable balance for S company is 10000 JD. S sold inventory to P on account for 10000 JD. Compute consolidated balance for accounts receivable. Select one: a. 26000 O b. 27000 C. 28000 d. 29000
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A Non-Technical Guide To International Accounting
Authors: Roger Hussey, Audra Ong
1st Edition
1946646865, 9781946646866
