Question: Could anyone help with the journals for this problem? Use Chapter 2 Problem 34 on Page 85 To prepare the following: 1. Prepare NewTune's journal

Could anyone help with the journals for this problem?
Could anyone help with the journals for this problem? Use Chapter 2
Problem 34 on Page 85 To prepare the following: 1. Prepare NewTune's

Use Chapter 2 Problem 34 on Page 85 To prepare the following: 1. Prepare NewTune's journal entries to record the acquisition of On the Go, assuming that On-the-Go's will be dissolved and no longer exist as a legal entity 2. Prepare Newtune's journal entries to record the acquisition of On the Go, assuming that no dissolution takes place and both companies retain their separate legal identities Hondary New Tune Company exchanges 15.000 charts of its common for all of the outstanding shares of On the Go Inc. Each of Now Tune's shares hasa par value woda $50 The value of the stock changed in the acquisition was considered equal to On the Gosforvalo New Tunel pod $25.000 in stock registration and sunce costs in connection the mere Several other counts Gair valet differ from their books on this date credit balances in parentheses Race Irmans Recond musical to proces research and development Notes Book Values $65.000 95.000 60.000 -0. (50,000) Fale Values 563.000 233.000 180.000 200.000 (45.000) Pre.com ini bole for the companies are Ca Recibe Trademar Luce Total Accounts NA New Tune $ 150.000 150.000 400,000 140,000 120,000 51.770.000 $110.000) (370.000) (400.000) (10.000) (360.000 31.770.000) Os the $ 29,000 65.000 95.000 0.000 105.000 5156000 (H000) (50.000) (30.000 00.000 190.000) SC154.000 is constat that will be the core of New On the will be died and will not with this comme luther, bocoran tertenties. Prepare to come the ww.companies

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