ADVANCED FINANCIAL ACCOUNTING- vinil jayi2020-7-22 ulas yll me hos ADVANCED FINANCIAL ACCOUNTING-1-2020 December 31, 2019, AAA Corporation acquired 80 percent of the common stock of BBB Corporation. At the time, AAA held land with a book value of JD150,000 and a air value of JD260,000; BBB held land with a book value of J060,000 and fair value of JD600,000. what amount would land be reported in a consolidated balance sheet ?prepared immediately after the combination a. JD860,000 b. JD310,000 C. JD750,000 d. JD200,000 :The noncontrolling interest in the subsidiary is reported as a. Expenses o b. Assets c. Equity O d. Liability o AAA Corporation paid JD2,000,000 for the net assets of BBB Corporation and BBB was then dissolved (morger). BBB had no liabilities. The fair values of BBB' assets were JD2,500,000. BBB's only non-current assets were land and equipment with fair values of JD160,000 and JD640,000, respectively. At what value will the equipment be ?recorded by AAA a. JD160,000 O b. JD240,000 C. JD640,000 d. JD400,000 ADVANCED FINANCIAL ACCOUNTING- vinil jayi2020-7-22 olas //\ pas les ADVANCED FINANCIAL ACCOUNTING-1-2020 December 31, 2019, AAA Corporation acquired 80 percent of the common stock of BBB Corporation. At the time, AAA held land with a book value of JD150,000 and a Fair value of JD260,000; BBB hold land with a book value of JD50,000 and fair value of JD600,000. what amount would land be reported in a consolidated balance sheet ?prepared immediately after the combination a. JD860,000 b. JD310,000 C. JD750,000 d. JD200,000 The noncontrolling interest in the subsidiary is reported as a. Expenses b. Assets c. Equity d. Liability O AAA Corporation paid JD2,000,000 for the net assets of BBB Corporation and BBB was then dissolved (merger). BBB had no liabilities. The fair values of BBB' assets were JD2,500,000. BBB's only non-current assets were land and equipment with fair values of JD160,000 and JD640,000, respectively. At what value will the equipment be ?recorded by AAA a. JD160,000 b. JD240,000 C. JD640,000 d. JD400,000 ADVANCED FINANCIAL ACCOUNTING- vinil jayi2020-7-22 ulas yll me hos ADVANCED FINANCIAL ACCOUNTING-1-2020 December 31, 2019, AAA Corporation acquired 80 percent of the common stock of BBB Corporation. At the time, AAA held land with a book value of JD150,000 and a air value of JD260,000; BBB held land with a book value of J060,000 and fair value of JD600,000. what amount would land be reported in a consolidated balance sheet ?prepared immediately after the combination a. JD860,000 b. JD310,000 C. JD750,000 d. JD200,000 :The noncontrolling interest in the subsidiary is reported as a. Expenses o b. Assets c. Equity O d. Liability o AAA Corporation paid JD2,000,000 for the net assets of BBB Corporation and BBB was then dissolved (morger). BBB had no liabilities. The fair values of BBB' assets were JD2,500,000. BBB's only non-current assets were land and equipment with fair values of JD160,000 and JD640,000, respectively. At what value will the equipment be ?recorded by AAA a. JD160,000 O b. JD240,000 C. JD640,000 d. JD400,000 ADVANCED FINANCIAL ACCOUNTING- vinil jayi2020-7-22 olas //\ pas les ADVANCED FINANCIAL ACCOUNTING-1-2020 December 31, 2019, AAA Corporation acquired 80 percent of the common stock of BBB Corporation. At the time, AAA held land with a book value of JD150,000 and a Fair value of JD260,000; BBB hold land with a book value of JD50,000 and fair value of JD600,000. what amount would land be reported in a consolidated balance sheet ?prepared immediately after the combination a. JD860,000 b. JD310,000 C. JD750,000 d. JD200,000 The noncontrolling interest in the subsidiary is reported as a. Expenses b. Assets c. Equity d. Liability O AAA Corporation paid JD2,000,000 for the net assets of BBB Corporation and BBB was then dissolved (merger). BBB had no liabilities. The fair values of BBB' assets were JD2,500,000. BBB's only non-current assets were land and equipment with fair values of JD160,000 and JD640,000, respectively. At what value will the equipment be ?recorded by AAA a. JD160,000 b. JD240,000 C. JD640,000 d. JD400,000