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27 Premier Services, Inc. pays $1.450,000 to acquire 38% of voting stock of Blue Investments, Inc. on March 5, 2019. Which of the following is
27
Premier Services, Inc. pays $1.450,000 to acquire 38% of voting stock of Blue Investments, Inc. on March 5, 2019. Which of the following is the correct journal entry for the transaction? 1,450,000 1,450,000 O A Cash Equity Investments--Blue Investments, Inc. OB. Common Stock Holdings Blue Investments, ino. OC. Equity Investments-Blur Investments, Inc. 1450,000 Cash 1,450,000 1450,000 Cash 1,450,000 OD Cash Revenue from Investments 1.450.000 1,450,000 Step by Step Solution
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