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Question 11 Not yet answered Marked out of 1.00 Flag question BY Company exchanges OMR240,000 (market value) of its no-par value common stock to acquire 100% of the common stock of the BX Company. BX Company reports the fair value for assets and liabilities as follows: OMR140,000 cash, OMR150,000 account payable, OMR 275000 land, OMR120,000, Account receivable MR110,000, loan, OMR180,000 notes payable. The good will is: Select one: O a. OMR 190000 O b. None of the options O c. OMR145000 O d. OMR225000 Previous page Next page Mohammed office collected OR 830 revenue in advance. He recorded debited Cash for OR 380 and credited services revenue or OR 380. The adjusting entry is: Select one: O a. cash 450 to services revenue 450 O. cash 450 to Accounts Receivable 450 . Cash.... 830 Service Revenue....... 830 O d. The correct answer not available. e. Cash. 450 Accounts Receivable. 380 Unearned Revenue.... 830 a