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A11-19 Equity Method: On 1 January 20X5, Zan Company purchased 5,000 of the 20,000 outstanding common shares of Woo Computer20X5 20X6 Earnings $40,000 $65,000 Cash dividends declared and paid 15,000 20,000 Fair value per share $17 $31 Required: 1. P

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Answer to Ques la Particulars Investment in Woo Computer Corp. (WC) Amt in $ Amt in $ 120000 120000 To Cash Being 5000 sharesAnswer to Ques 3 Cr. $ Date Particulars Jan-05 Wao Computer Corp/WC) Dec-os Woo Computer Corp(WC) Investment Account Dr.S Dat

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