A company purchases all the issued shares of B company for $2 000 000. The net assets of B company consist of land $2,100 000 and a liability of $100 000. A company will record the acquisition in its book as follows: a. Dr Equity - B $2 000 000 Cr Investment in B $2 000 000 b. Dr Land $2 100 000 Cr Liability $100 000 Cr Cash $2 000 000 c. Dr Investment in B $2 000 000 Cr Cash $2 000 000 d. Dr Investment in B $2 000 000 Cr Issued Capital $2 000 000

book as follows