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On January 1, 2020, Awit Company acquired 20% of the ordinary shares of an associate for P9,000,000. On this date, all the identifiable assets and

On January 1, 2020, Awit Company acquired 20% of the ordinary shares of an associate for P9,000,000. On this date, all the identifiable assets and liabilities of the associate were recorded at fair va...

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