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On January 1, 2022, Monica Company acquired 80 percent of YoungCompany??s outstanding common stock for $840,000. The fair value ofthe noncontrolling interest at the acquisition
On January 1, 2022, Monica Company acquired 80 percent of YoungCompanyâ??s outstanding common stock for $840,000. The fair value ofthe noncontrolling interest at the acquisition date was$210,000.Y 1 answer
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