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Question 10 The following balance sheet data is for Jones Company on December 31, 20X5 Cash $50,000 Account Receivable 100.000 Inventory 400,000 Accounts Payable

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Question 10 The following balance sheet data is for Jones Company on December 31, 20X5 Cash $50,000 Account Receivable 100.000 Inventory 400,000 Accounts Payable 210,000 Common Stock 140,000 Retained Earnings 200,000 On January 1, 2006. Adams Corp. purchased 90% of Jones Co's common stock at book value. What amount will be shown as noncontrolling interest in the net assets of Jones on a consolidated balance sheet prepared immediately after the combination? $30.600 $34,000 $49.500 $55.000 None of the suggested answers are correct

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