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Zach Company owns 45% of the voting stock of Tomos Corporation and uses the equity method in recording this investment. Tomas Corporation reported 59,900 net

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Zach Company owns 45% of the voting stock of Tomos Corporation and uses the equity method in recording this investment. Tomas Corporation reported 59,900 net loss, Zach Company's entry would includes Qa. credit to a los account for 14,455 O credit to the investment account for 54,455 Os debit to the investment account for 54,455 Od credit to cash for 14455

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