In 2022, Matter Company bought 10,000 shares Better Company at a cost of P200,000. On December 1, 2022, Matter Company declared a property dividend of the Better stock to shareholders of record on February 1, 2023, payable on February 15, 2023. The Better stock had the following market values:   December 1, 2022 250,000 December 31, 2022 260,000 February 15, 2023 240,000   What is the net charge of the property dividend against retained earnings during 2022? Group of answer choices 200,000 240,000 250,000 260,000

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Consolidation

Consolidation in general examination implies an asset oscillating between well-defined methods of trading status. Consolidation is commonly known as market indecisiveness, which completes when the asset's values move forward or backward the trading structure.