Fall 2015 saw two extremely large business acquisitions. Computer-maker Dell, Inc., agreed to purchase technology storage company EMC Corporation for $67 billion, and soon afterward Anheuser-Busch announced a $104 billion acquisition of rival SAB Miller PLC. In both cases the acquiring company paid cash to the shareholders of the acquired company and added its assets and liabilities to its consolidated balance sheet.

REQUIRED:
In terms of the basic accounting equation, explain how these acquisitions would be recorded by the acquiring company.