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1 1 : 5 1 , ll Chegg Learn on the go Get the app Chegg in Imam Corporation's common stock on December 3 1

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in Imam Corporation's common stock on December 31,2021, the book val...
Iman Corporation invested in Imam Corporation's common stock on December 31,2021, the book value of Imam's net assets of $150,000 is equal its fair value, CS $60,000 and RE $90,000
Required: Prepare Consolidated work sheet and consolidated Balance Sheet after combination immediately at date of Dec.31,2021 if Iman acquired 100% of Iman's net assets for $$150,000??
\table[[\table[[Consolidated],[Worksheet]],\table[[Imam],[Corp.]],Iman Corp.,Elimination Entries,Consolidated],[Dr,Cr
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