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Answer these following questions Dicky Inc acquired Fajar Inc by issuing convertible bonds fo $5.000.000 and 50,000 shares of $10 par value of common stock

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Answer these following questions Dicky Inc acquired Fajar Inc by issuing convertible bonds fo $5.000.000 and 50,000 shares of $10 par value of common stock with market value of $5,000,000. Given below is the information of Fajar Inc.'s liabilities at the time of acquisition (in thousands): Book Value Fair Value Accounts Payable $3,000 $2,500 Unearned Revenue $400 $400 Interest Payable $100 $100 Notes Payable $6,700 $7,000 Bonds Payable $12,000 $10,000 Required: Determine the amount of Fajar Inc's liabilities to recognize by Dicky Inc. as a result of the acquisition. (30%) Answer these following questions Dicky Inc acquired Fajar Inc by issuing convertible bonds fo $5.000.000 and 50,000 shares of $10 par value of common stock with market value of $5,000,000. Given below is the information of Fajar Inc.'s liabilities at the time of acquisition (in thousands): Book Value Fair Value Accounts Payable $3,000 $2,500 Unearned Revenue $400 $400 Interest Payable $100 $100 Notes Payable $6,700 $7,000 Bonds Payable $12,000 $10,000 Required: Determine the amount of Fajar Inc's liabilities to recognize by Dicky Inc. as a result of the acquisition. (30%)

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