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The percentage of the Tamarisk acquired is 80% On January 1,2024 , Sheffield Company purchased 8,600 shares of Tamarisk Company's common stock for $126,000. Immediately

The percentage of the Tamarisk acquired is 80%

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image text in transcribed On January 1,2024 , Sheffield Company purchased 8,600 shares of Tamarisk Company's common stock for $126,000. Immediately after the stock acquisition, the statements of financial position of Sheffield and Tamarisk appeared as follows: UBSIDIARY TAMARISK sheet Workpaper 2024 iminations Noncontrolling Consolidated Balance

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