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On January 2, 2018, Peter Corporation acquired 80 percent of Soc Company's P10 par ordinary shares for P1,365,000. On this date, the book value of

On January 2, 2018, Peter Corporation acquired 80 percent of Soc Company's P10 par ordinary shares for P1,365,000. On this date, the book value of Soc's net assets was P1,400,000. The fair value o...

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