EAST Corporation purchased 50,000 out of the 200,000 ordinary shares of FAR Corporation on January 1, 2020 at P165 per share given EAST the right to exercise significant influence over FAR Corporation. Any excess of fair value over carrying value was attributed to land. FAR Corp reported P680,000 profit in 2020 and P1,000,000 in 2021. Dividends were paid and

Sep 8, 2023

Don't use plagiarized sources. Get Your Custom Essay on
EAST Corporation purchased 50,000 out of the 200,000 ordinary shares of FAR Corporation on January 1, 2020 at P165 per share given EAST the right to exercise significant influence over FAR Corporation. Any excess of fair value over carrying value was attributed to land. FAR Corp reported P680,000 profit in 2020 and P1,000,000 in 2021. Dividends were paid and
Just from $13/Page
Order Essay

Recent Posts