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WHAT IS THE CONSOLIDATED ASSET On January 1, 2021, ABC Co. acquired 80% interest in XYZ, Inc. by issuing 5,000 shares with fair value of

WHAT IS THE CONSOLIDATED ASSET On January 1, 2021, ABC Co. acquired 80% interest in XYZ, Inc. by issuing 5,000 shares with fair value of P30 per share and par value of P20 per share. The financial sta...

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