When one corporation buys the assets or assets and liabilities of another company, at what values are

Question:

When one buys the assets or assets and liabilities of another company, at what values are the acquired items recorded on the buyer’s books?

Corporation
A Corporation is a legal form of business that is separate from its owner. In other words, a corporation is a business or organization formed by a group of people, and its right and liabilities separate from those of the individuals involved. It may...