Suppose the following information is related to legal merger: The combiner issued 10000 common shares with $10
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Suppose the following information is related to legal merger: The combiner issued 10000 common shares with $10 par value and $20 FMV to acquire all the voting common stocks of combinee.
What is the journal entries?
Related Book For
Intermediate Accounting
ISBN: 978-0324300987
10th Edition
Authors: Loren A Nikolai, D. Bazley and Jefferson P. Jones
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