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Recording Entries for Equity Investment: EquityMethodOn January 1, Allen Corporation purchased 30% of the 24,000outstanding common shares of Towne Corporation at $15 per share asa

Recording Entries for Equity Investment: EquityMethodOn January 1, Allen Corporation purchased 30% of the 24,000outstanding common shares of Towne Corporation at $15 per share asa long-term invest 1 answer

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