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  3. p co purchased 90% of s co common stock at its boo

P Co purchased 90% of S Co common stock at its book value of $200,000...

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Accounting

P Co purchased 90% of S Co common stock at its book value of $200,000 on 1/1/2020.During 2020,S reported net income of $65,000 and paid dividends of $20,000.by using equity methods At what amount should P co reported the Investment in S account on 31/12/ 2020?

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