Compute investment balance

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Question - On 1/1/2018, P Company acquired 80% of S Company. During 2018, P recorded income 20000 JD and dividends 5000 JD. During 2019, P recoded income 25000 JD and 10000 dividends. Investment balance on (31/12/2019 or 1/1/2020) is 200000 JD. Compute investment balance on 1/1/2018.

Reference no: EM132932785

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