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On January 1, 2021, PUP CAF acquired a 10% interest in an investee for P3,000,000. The investment was accounted for under the cost method. During
On January 1, 2021, PUP CAF acquired a 10% interest in an investee for P3,000,000. The investment was accounted for under the cost method. During 2021, the investee reported net income of P4,000,000 a...
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Corporate Financial Accounting
Authors: Carl S. Warren, James M. Reeve, Jonathan E. Duchac
12th edition
1305041399, 1285078586, 978-1-133-9524, 9781133952428, 978-1305041394, 9781285078588, 1-133-95241-0, 978-1133952411
