Prepare X's journal entries for 2002 and 2003,assuming that this is a significant influence investment.
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Q38: ABC Inc.acquired 40% of the voting shares
Q39: The following information pertains to questions
Jones
Q40: The following information pertains to questions
On
Q41: On January 1,2001,Joyce Inc.paid $600,000 to purchase
Q42: Assuming that X's Investment in Y qualifies
Q44: The following information pertains to questions
Jones
Q45: Assuming that a company's ownership interest in
Q46: Assuming that X's Investment in Y qualifies
Q47: The following information pertains to questions
X
Q48: The following information pertains to questions
Jones
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