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On November 1, 20x1, Entity A acquired all the assets and liabilities of Entity B for P1,800,000. On this date, Entity B's assets and liabilities
On November 1, 20x1, Entity A acquired all the assets and liabilities of Entity B for P1,800,000. On this date, Entity B's assets and liabilities were valued at P2,600,000 and P900,000, respectively. ...
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