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Business, 27.01.2021 20:00 Jackson4568

On January 1, Cullumber Corporation purchased a 25% equity in Helbert Corporation for $182,000. At December 31, Helbert declared and paid a $47,900 cash dividend and reported net income of $236,500. Required:
Journalize the transactions.

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On January 1, Cullumber Corporation purchased a 25% equity in Helbert Corporation for $182,000. At D...

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