Flavin Company entered into a business combination with Stevens Company in the middle of the year. The combination was accounted for as a pooling of interests. Both companies use the same methods of accounting.

Flavin Company acquired all the assets and liabilities of Rubin Company in the middle of the year.
This combination was accounted for as a purchase and resulted in goodwill. Both companies use the same methods of accounting.
Flavin Company effected both combinations through the issuance of equity securities, and registration fees for the equity securities involved in the combinations were incurred. There were no intercompany transactions before or after the combinations.
Required

a. ( 1 ) In the business combination accounted for as a pooling of interests, how should the recorded assets and liabilities of the separate companies be accounted for? What is the rationale for accounting for a business combination as a pooling of interests?
(2) In the business combination accounted for as a pooling of interests, how should the registration fees and direct costs related to effecting the business combination be accounted for?
(3) In the business combination accounted for as a pooling of interests, how should the results of operations for the year in which the business combination occurred be reported?
h. ( 1 ) In the business combination accounted for as a purchase, how should the assets acquired and liabilities assumed be recorded? What is the rationale for accounting for a business combination as a purchase?
(2) In the business combination accounted for as a purchase, how should the registration fees and direct costs related to effecting the business combination be accounted for?
(3) In the business combination accounted for as a purchase, how should the results of operations of the acquired company for the year in which the business combination occurred be reported?