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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 retained earnings of P1,600,000.
Problem 1: How much is the consolidated retained earnings attributable to controlling interest in 2013?
Group of answer choices
Option 1: 5,238,400
Option 2: 5,272,400
Option 3: 5,333,200
Option 4: 5,232,400
journal entries for various transactions in sole proprietorship.1. complete exercises e3-1 transaction analysis -
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