Business, 21.06.2020 04:57 piperk19

Myers Company acquired a 60% interest in Gannon Corporation on December 31, 2020 for $1,775,000. During 2021, Gannon had net income of $1,000,000 and paid cash dividends of $250,000. At December 31, 2021, the balance in the equity investment account should be

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Myers Company acquired a 60% interest in Gannon Corporation on December 31, 2020 for $1,775,000. Dur...

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