Question: How to solve Question One On 1 July 2 0 2 2 , Swift Ltd acquired all the issued shares of Celtic Ltd for $

How to solve Question One On 1 July 2022, Swift Ltd

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Question One
On 1 July 2022, Swift Ltd acquired all the issued shares of Celtic Ltd for $250000. At this date, the equity of Celtic Ltd was made up of the following items:
\table[[Share capital,$105000
acquired all the issued shares of Celtic Ltd for $250000. At this

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