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    Modern Advanced Accounting in Canada Study Set 2
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    Exam 8: Consolidated Cash Flows and Changes in Ownership
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    What Is the Balance in the Investment in Q Account
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What Is the Balance in the Investment in Q Account

Question 28

Question 28

Multiple Choice

What is the balance in the investment in Q account immediately following the sale?


A) Nil.
B) $80,000.
C) $295,200.
D) $370,200.

Correct Answer:

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