Question: please help !! During the current year. Brewer Company acquired all of the outstanding common stock of Miller Inc. paying $12.000,000 cash The book values

please help !! During the current year. Brewer Company acquired all

please help !!

During the current year. Brewer Company acquired all of the outstanding common stock of Miller Inc. paying $12.000,000 cash The book values and fair values of Miller's assets and liabilities acquired are listed below Book Value Fair Value Accounts receivable Inventories Property, plant, and equi pment Accounts payable Bonds payable $1,888,e0 1,625,80 2,7e8,8ee 9,838,0e0 3,993,08 4,500,803 11,625,033 3,8ee,8ee 4, 125,908 Required: Prepare the journal entry to record the acquisition by Brewer Company (If no entry is required for a trensaction/event, select "No journel entry required" in the first account field.) View transaction ist Journal entry worksheet Racord the acquisition by Brewer Company Note: enter debits before credite Transaction General Joumal DebiCredt

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