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Cardinal is acquiring 100% of Gold. Describe 3 examples in accounting/financial reporting that are different when: (1) Gold is dissolved immediately after the acquisition and

Cardinal is acquiring 100% of Gold.
Describe 3 examples in accounting/financial reporting that are different when: (1) Gold is dissolved immediately after the acquisition and does not continue as a legal entity; and (2) Gold continues as an independent legal entity.

Describe 2 examples in accounting/financial reporting that are the same when: (1) Gold is dissolved immediately after the acquisition and does not continue as a legal entity; and (2) Gold continues as an independent legal entity.

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