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How should raleigh corp handle its portionate share of

1. Elizabeth Corp. has an investment with a carrying value (equity method) on its books of $170,000 representing a 30% interest in Borg Company, which suffered a $620,000 loss this year. How should Raleigh Corp. handle its Portionate share of Borg's loss?

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Accounting Basics: How should raleigh corp handle its portionate share of

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