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The prerequisite for this course is a grade of “c” or better in acg3141, intermediate accounting the equity method for accounting for investments ch 1. On january 1, 2009, fredo company purchased marketable equity securities to be held as trading for p4,000,000 the company also paid commission to the stockbroker. Intermediate accounting: 2 identify the key components of equity 3 explain the accounting procedures for issuing shares with safari, you learn the way. 1the basic rights of each shareholder (unless otherwise restricted) are to share proportionately: (1) in profits, (2) in management (the right to vote for directors), (3) in corporate.
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