A corporation becomes a subsidiary when another corporation acquires a controlling interest in its issued voting stock.
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Q25: On July 1,2014,Polliwog Incorporated paid cash for
Q26: Pal Corporation paid $5,000 for a 60%
Q27: Pool Industries paid $540,000 to purchase 75%
Q28: On January 2,2014,Power Incorporated paid $630,000 for
Q29: Passcode Incorporated acquired 90% of Safe Systems
Q31: On January 1,2014,Parry Incorporated paid $72,000 cash
Q32: Pool Industries paid $540,000 to purchase 75%
Q33: Passerby International purchased 80% of Standaround Company's
Q34: Park Corporation paid $180,000 for a 75%
Q35: Patterson Company acquired 90% of Starr Corporation
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