s and liabilities of Sincere Co were stated at their fair n its fair value (remaining life is 3 years). On Septer nter-company profit of P150,0003; 25% was still unsole rchased merchandise from Pure for P3,600,000. The s date. Only 75% of these purchases had been sold December 31, 20x7, goodwill was determined to be
s and liabilities of Sincere Co were stated at their fair n its fair value (remaining life is 3 years). On Septer nter-company profit of P150,0003; 25% was still unsole rchased merchandise from Pure for P3,600,000. The s date. Only 75% of these purchases had been sold December 31, 20x7, goodwill was determined to be
Chapter1: Financial Statements And Business Decisions
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