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On December 31, 20X5, CI Co. purchased 100% of the outstanding common shares of SA Ltd. for $1, 100,000 in cash; 80% of the cash
On December 31, 20X5, CI Co. purchased 100% of the outstanding common shares of SA Ltd. for $1, 100,000 in cash; 80% of the cash was obtained by issuing a five-year note payable. The statements of fin...
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Essentials of Accounting for Governmental and Not-for-Profit Organizations
Authors: Paul A. Copley
10th Edition
007352705X, 978-0073527055
