s Part B Numerical Part Int Act BBA-2 IOBM Compatibility Model - Word Laraib Nisar File Home Insert Draw Design Layout References Mailings Review View Help Acrobat Tell me what you want to do Share . X A 41 Calibri (Body) - 12 AA IU.ale X, X he X, XA 1 Normal No Spac... Heading 1 Heading 2 Find - abic Replace Select Paste aly A - Title Create and Share Request Adobe PDF Signatures Adobe Acrobat Clipboard is Font Paragraph 12.11 11:21:31:4 Styles G179.1.101.11.1-12 113 114 Editing 17 18 19 151 16 XYZ & Co Balance Sheet As of December 31,2018 Current Assets Current Liabilities Cash 50,000 Accounts Payable 15,000 Notes Receivable 20,000 IT Payable 5,000 Accounts Receivable 70,000 Interest Payable 10,000 Inventories 60,000 Total Current Assets 200,000 Total Current Liabilities 30,000 Long Term investment Long Term Debt 170,000 Property Plant & Equipment Stockholders' Equity Land 150,000 Common Stock 150,000 Building & Equipment 210,000 360,000 Retained Earnings 210,000 360,000 Total Assets 560,000 Total Liabilities & SHE 560,000 ABC acquires the ownership of XYZ by paying $500,000 for this investment ABC estimated that XYZ land is of 180,000 and Building & Equipment is of 250,000 Prepare the general Journal of acquisition (2) Prepare the working paper (4) Prepare the Balance Sheet of ABC & Co (4) SI + 90% Page 4 of 5 HE 665 words * English (United States) Type here to search O W . 40 11:26 am 24/12/2020 s Part B Numerical Part Int Act BBA-2 IOBM Compatibility Model - Word Laraib Nisar File Home Insert Draw Design Layout References Mailings Review View Help Acrobat Tell me what you want to do Share . X A 41 Calibri (Body) - 12 AA IU.ale X, X he X, XA 1 Normal No Spac... Heading 1 Heading 2 Find - abic Replace Select Paste aly A - Title Create and Share Request Adobe PDF Signatures Adobe Acrobat Clipboard is Font Paragraph 12.11 11:21:31:4 Styles G179.1.101.11.1-12 113 114 Editing 17 18 19 151 16 XYZ & Co Balance Sheet As of December 31,2018 Current Assets Current Liabilities Cash 50,000 Accounts Payable 15,000 Notes Receivable 20,000 IT Payable 5,000 Accounts Receivable 70,000 Interest Payable 10,000 Inventories 60,000 Total Current Assets 200,000 Total Current Liabilities 30,000 Long Term investment Long Term Debt 170,000 Property Plant & Equipment Stockholders' Equity Land 150,000 Common Stock 150,000 Building & Equipment 210,000 360,000 Retained Earnings 210,000 360,000 Total Assets 560,000 Total Liabilities & SHE 560,000 ABC acquires the ownership of XYZ by paying $500,000 for this investment ABC estimated that XYZ land is of 180,000 and Building & Equipment is of 250,000 Prepare the general Journal of acquisition (2) Prepare the working paper (4) Prepare the Balance Sheet of ABC & Co (4) SI + 90% Page 4 of 5 HE 665 words * English (United States) Type here to search O W . 40 11:26 am 24/12/2020 s Part B Numerical Part Int Act BBA-2 IOBM Compatibility Model - Word Laraib Nisar File Home Insert Draw Design Layout References Mailings Review View Help Acrobat Tell me what you want to do Share . X A 41 Calibri (Body) - 12 AA IU.ale X, X he X, XA 1 Normal No Spac... Heading 1 Heading 2 Find - abic Replace Select Paste aly A - Title Create and Share Request Adobe PDF Signatures Adobe Acrobat Clipboard is Font Paragraph 12.11 11:21:31:4 Styles G179.1.101.11.1-12 113 114 Editing 17 18 19 151 16 XYZ & Co Balance Sheet As of December 31,2018 Current Assets Current Liabilities Cash 50,000 Accounts Payable 15,000 Notes Receivable 20,000 IT Payable 5,000 Accounts Receivable 70,000 Interest Payable 10,000 Inventories 60,000 Total Current Assets 200,000 Total Current Liabilities 30,000 Long Term investment Long Term Debt 170,000 Property Plant & Equipment Stockholders' Equity Land 150,000 Common Stock 150,000 Building & Equipment 210,000 360,000 Retained Earnings 210,000 360,000 Total Assets 560,000 Total Liabilities & SHE 560,000 ABC acquires the ownership of XYZ by paying $500,000 for this investment ABC estimated that XYZ land is of 180,000 and Building & Equipment is of 250,000 Prepare the general Journal of acquisition (2) Prepare the working paper (4) Prepare the Balance Sheet of ABC & Co (4) SI + 90% Page 4 of 5 HE 665 words * English (United States) Type here to search O W . 40 11:26 am 24/12/2020 s Part B Numerical Part Int Act BBA-2 IOBM Compatibility Model - Word Laraib Nisar File Home Insert Draw Design Layout References Mailings Review View Help Acrobat Tell me what you want to do Share . X A 41 Calibri (Body) - 12 AA IU.ale X, X he X, XA 1 Normal No Spac... Heading 1 Heading 2 Find - abic Replace Select Paste aly A - Title Create and Share Request Adobe PDF Signatures Adobe Acrobat Clipboard is Font Paragraph 12.11 11:21:31:4 Styles G179.1.101.11.1-12 113 114 Editing 17 18 19 151 16 XYZ & Co Balance Sheet As of December 31,2018 Current Assets Current Liabilities Cash 50,000 Accounts Payable 15,000 Notes Receivable 20,000 IT Payable 5,000 Accounts Receivable 70,000 Interest Payable 10,000 Inventories 60,000 Total Current Assets 200,000 Total Current Liabilities 30,000 Long Term investment Long Term Debt 170,000 Property Plant & Equipment Stockholders' Equity Land 150,000 Common Stock 150,000 Building & Equipment 210,000 360,000 Retained Earnings 210,000 360,000 Total Assets 560,000 Total Liabilities & SHE 560,000 ABC acquires the ownership of XYZ by paying $500,000 for this investment ABC estimated that XYZ land is of 180,000 and Building & Equipment is of 250,000 Prepare the general Journal of acquisition (2) Prepare the working paper (4) Prepare the Balance Sheet of ABC & Co (4) SI + 90% Page 4 of 5 HE 665 words * English (United States) Type here to search O W . 40 11:26 am 24/12/2020