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Problem A. PCo acquires 75% of the outstanding shares of SCo for P675,000, on January 1, 2020. At that time, common shares, APIC, and RE

Problem A. PCo acquires 75% of the outstanding shares of SCo for P675,000, on January 1, 2020. At that time, common shares, APIC, and RE of SCo amounted to P200,000, P80,000, and P548,500 respectively...

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