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Business, 19.04.2021 23:50 codnernae2423

P company acquired 100% of the outstanding common stock of S company for $ 2,300,000 cash and 10,000 shares of its common stock($2par value), which was traded at $40 per share at this acquisition date. REQUIRED...
prepare the entry to record the business combination on p company's books.​

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P company acquired 100% of the outstanding common stock of S company for $ 2,300,000 cash and 10,000...

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