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16 Under the consolidation entries, what is the balance of notes payable ? +5,000 -5,000 -45,000 -55,000 More information is needed What is the ending
16 Under the consolidation entries, what is the balance of notes payable ?
+5,000
-5,000
-45,000
-55,000
More information is needed
What is the ending balance the consolidated totals ?
A. $2,474,000 B. $2,495,000 C. $2,577,000 D. $2,574,000 E. $2,573,000
What is Goodwill value on the consolidation entries as of Jan 15, 2018 ? (Yes, Jan 15 is the
correct date, No a typo)
A. $0 B. $27,000 C. $13,000 D. $15,000 E. 50,000
Questions \#13 through \#20 are based on the following fact: On January 1, , New Tune Company exchanges 15,000 shares of its common stock for all of the outstanding shares of On-the-Go, Inc. Each of NewTune's shares has a $4 par value and a $50 fair value. The fair value of the stock exchanged in the acquisition was considered equal to Onthe-Go's fair value. NewTune also paid $25,000 in stock registration and issuance costs in connection with the merger. Several of On-the-Go's accounts' fair values differ from their book values on this dateStep by Step Solution
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