Anas corp. decides to purchase Hind Inc. on December 31, 2017. The purchase price that Anas Crop pays to buy Hind Inc is as follows: 10,000

Hind Inc's statement of financial position is as follows on December 31, 2017:

assets:

PP&E: 1

Inventories: 2

supplies: 3

Accounts receivable: 4

cash: 5

total assets: 15

Equity and Liabilities:

Share and capitals: 3

Retained earnings 1

current liabilities: 11

Total equity and liabilities: 15

Hind Inc's fair values on december 31, 2017 are as follows:

pp&e 11

inventories 12

supplies 1

accounts receivable 3

cash 4

share capital 5

retained earnings 7

current liabilities 9

(I AM NOT SUPER CONCERNED ABOUT NUMBERS I WANNA KNOW WHICH ACCOUNTS I USE)

Prepare the journal entry to record Anas corp's purchase on hind inc

account	debit	credit