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Compute the balance of the investment in associate account

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Question - Investor Limited acquired a 30% interest in Investee Limited for $27 000. Investor holds other equity investments but does not prepare consolidated financial statements. Investee Limited re-valued its Buildings class of assets by $10 000 during the current financial period. Compute the balance of the investment in associate account at the end of the current financial period?

A. $18 100;

B. $11 100;

C. $30 000;

D. $27 000.

Reference no: EM132474021

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