38 19 With complete solution required each no. 18000.fwcdnih market value of P330,000 theme/SureCamp Baltic Polo Company pays P30,000 on ebi Sarmayalees elutely before the combinatie www follows a thousand Cum Swan Surya Cash NO leveres Other 13-13 Astro Componist purchased ees of Bistro Corporation P160,000 On the date of the purcha, Bistro Corporation had no longtem event in marketable wie The Belies of the corpo Nowed to P20,000 The market values of its were Current P 10.000 Noncurrents Total P200.000 PO 100 180 P340 PO **22*8221 PGO so Other Commons. Por 200 100 Thales and equity 130 What is the total asset of Polo Company after the acquisition? . PIN.00 A P1.080.000 6 P1.260.000 4 P1,060,00 13-13. On March 1, 2017, SS Corporation acquired for P1.400.000 all the net Assets of MM Company. On the date of the combination, the charying value of MM identifiable et ses was P1,150,000. The current fair value of MM inventories was P200,000 less than their carrying values, and the current fait vale of MM's plantics 400,000 larger than their carrying amount The current fair values of all identifiable netweets of 0 were equal to the carrying value. The journal entry prepared by Scorporation to record the business combination includes Adober of P200.000 metres Acredit of P100,000 to Plantes (et). 64debit of P350,000 to Goodrell & debit of P50,000 to Goodwill The concurrents and goodwill income from acquisition) acquired should be recorded at: (Income from acquisition None presse Goodwill P120,000 PY20,000) P100,000 Po P140,000 P100,000 P150,000 P. 13-14: On April 1, 2017, the Rolex Company paid P600,000 for the net assets of Seiko Company in a transaction property accounted for a requisition on this date, the assets and liabilities of Seiko Company were as follows Call P6000 Merchandise avetery 180,000 Plants (et) 100.000 Labi 135,000 Furthermore, it was determined that the merchandise inventory of Seiko Company had a firmarket value of P142.500 and the planet P20,000. What should be the amount recorded as goodwill by Rolex Companys result of the business combination? 4. P 4. P 37,500 4 PI/2,500 1. PLI2,00 - Os 2017 Newcash and also 38 19 With complete solution required each no. 18000.fwcdnih market value of P330,000 theme/SureCamp Baltic Polo Company pays P30,000 on ebi Sarmayalees elutely before the combinatie www follows a thousand Cum Swan Surya Cash NO leveres Other 13-13 Astro Componist purchased ees of Bistro Corporation P160,000 On the date of the purcha, Bistro Corporation had no longtem event in marketable wie The Belies of the corpo Nowed to P20,000 The market values of its were Current P 10.000 Noncurrents Total P200.000 PO 100 180 P340 PO **22*8221 PGO so Other Commons. Por 200 100 Thales and equity 130 What is the total asset of Polo Company after the acquisition? . PIN.00 A P1.080.000 6 P1.260.000 4 P1,060,00 13-13. On March 1, 2017, SS Corporation acquired for P1.400.000 all the net Assets of MM Company. On the date of the combination, the charying value of MM identifiable et ses was P1,150,000. The current fair value of MM inventories was P200,000 less than their carrying values, and the current fait vale of MM's plantics 400,000 larger than their carrying amount The current fair values of all identifiable netweets of 0 were equal to the carrying value. The journal entry prepared by Scorporation to record the business combination includes Adober of P200.000 metres Acredit of P100,000 to Plantes (et). 64debit of P350,000 to Goodrell & debit of P50,000 to Goodwill The concurrents and goodwill income from acquisition) acquired should be recorded at: (Income from acquisition None presse Goodwill P120,000 PY20,000) P100,000 Po P140,000 P100,000 P150,000 P. 13-14: On April 1, 2017, the Rolex Company paid P600,000 for the net assets of Seiko Company in a transaction property accounted for a requisition on this date, the assets and liabilities of Seiko Company were as follows Call P6000 Merchandise avetery 180,000 Plants (et) 100.000 Labi 135,000 Furthermore, it was determined that the merchandise inventory of Seiko Company had a firmarket value of P142.500 and the planet P20,000. What should be the amount recorded as goodwill by Rolex Companys result of the business combination? 4. P 4. P 37,500 4 PI/2,500 1. PLI2,00 - Os 2017 Newcash and also