Question: PR Company pays ( $ 2 0 , 0 0 0 ) in cash and issues stock with a far volue of
PR Company pays $ in cash and issues stock with a far volue of $ to acquire all of SXCorporation's stack. Sx will be a subsidiary of PR Balance shoes accounts fust prior to the acquisition are as followa, in trial halance format: PRs consultants find these items that are not reported on SXes balonce sheet: Outside consultants are paid $ in cash, and registration fees to lasue PRs new stock are $ paid in cash. On the consolidation working puper at the date of acqualition, elimination R debits identifibie intang ble assets by Os Os O
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