Question: show the solution. PROBLEM 2. On January 2, 2012, D Corporation purchased 80% of the outstanding shares of C Company for P4,750,000. At that date,

show the solution. PROBLEM 2. On January 2, 2012, D Corporation purchased 80% of the outstanding shares of C Company for P4,750,000. At that date, C had P4,000,000 of ordinary shares outstanding and r...

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