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On January 1, 2016, P Company acquired 80% of the commor company for P200,000. On this date, S Company had a total ow of P200,000

On January 1, 2016, P Company acquired 80% of the commor company for P200,000. On this date, S Company had a total ow of P200,000 (including retained earnings of P100,000). During 2017, P Company acco...

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