Test bank of Advanced Accounting by Guerrero & Peralta CHAPTER 12
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Memo entry in the RAOPS, RAOMO, RAOCO and RAOFE.. Memo entry in the RAOPS, RAOMO, RAOCO
The other comprehensive income is then accumulated and reported in the stockholders’ equity section of the consolidated balance sheet as presented below:.. Net assets
(2) To allocate difference... (2) To
Under PFRS 3 (Business combination), the allocation of the negative difference to the non-current assets, excluding long-term investments in marketable securities is no
Papa’s retained earnings of P120,000 will
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24,400 To record payment of priority liabilities. Accounts
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