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  3. chapman company obtains 100 percent of abernethy c

Chapman Company obtains 100 percent of Abernethy Company's stock on January 1,2023. As of that...

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Accounting

Chapman Company obtains 100 percent of Abernethy Company's stock on January 1,2023. As of that date, Abernethy has the following trial balance:
\table[[,Debit,Credit],[Accounts payable,-,$55,800
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