COMPUTE FOR YOUR CARRYING AMOUNT FOR THE YEAR ENDED 2021 * MAB Company acquires 20% equity...
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COMPUTE FOR YOUR CARRYING AMOUNT FOR THE YEAR ENDED 2021 * MAB Company acquires 20% equity interest from BAM Company on January 1, 2020 for P200, 000. On December 30, 2020 BAM Company reported a P 400, 000 profit and declared a dividends P 200, 000. December 30, 2021 Reported losses P 400, 000 December 30, 2022 • Reported profit P 600, 000 Declared dividends of 150, 000 COMPUTE FOR YOUR CARRYING AMOUNT FOR THE YEAR ENDED 2021 * MAB Company acquires 20% equity interest from BAM Company on January 1, 2020 for P200, 000. On December 30, 2020 BAM Company reported a P 400, 000 profit and declared a dividends P 200, 000. December 30, 2021 Reported losses P 400, 000 December 30, 2022 • Reported profit P 600, 000 Declared dividends of 150, 000
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Related Book For
Accounting Introduction To Financial Accounting
ISBN: 9781517089719
1st Edition
Authors: Henry Dauderis, David Annand
Posted Date:
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