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Describe the method used to record the stock investment

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PT Pink purchased 20,000 ordinary shares of PT Unyu at a total cost of IDR 1,960,000,000 as a long-term investment. PT Unyu has 20,000 ordinary shares outstanding. PT Unyu reported a net profit of IDR 3,000,000,000 for the current period. PT Unyu pays a cash dividend of IDR 3,800 per ordinary share during the current period.

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Problem 1: Describe the method used to record the stock investment transaction

Reference no: EM132626146

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