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Pencll Company acquired 70 percent of Stylus Corporaton's stock on January 2,203, for $98,000 cash....

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Accounting

image Pencll Company acquired 70 percent of Stylus Corporaton's stock on January 2,203, for $98,000 cash. Summarlzed balance sheet data for the companles on December 31,202, follow: Required: Prepare a consolidated balance sheet Immedlately following the acquisition

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