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Advanced Accounting 10th Edition by Thomas Schaefer, Joe Ben Hoyle, Timothy Doupnik
Edition 10ISBN: 978-1260575910Advanced Accounting 10th Edition by Thomas Schaefer, Joe Ben Hoyle, Timothy Doupnik
Edition 10ISBN: 978-1260575910 Exercise 32
Duke Corporation owns a 70 percent equity interest in UNCCH, a subsidiary corporation.During the current year, a portion of this stock is sold to an outside party.Before recording this transaction, Duke adjusts the book value of its investment account.What is the purpose of this adjustment
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Advanced Accounting 10th Edition by Thomas Schaefer, Joe Ben Hoyle, Timothy Doupnik
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