Porky Co. owns 40% of Watwat, Inc.'s ordinary shares. On July 1, 20x2, Porky Co. sells half of its investment in Watwat shares for ₱800,000. The adjusted balances of the related accounts immediately before the sale are as follows: Investment in associate                                          ₱2,400,000 Cu

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Consolidation

Consolidation in general examination implies an asset oscillating between well-defined methods of trading status. Consolidation is commonly known as market indecisiveness, which completes when the asset's values move forward or backward the trading structure.