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Consolidation at date of acquisition (purchase price equals book value) a. What is the total fair value of the subsidiary on the acquisition date? $

image text in transcribed Consolidation at date of acquisition (purchase price equals book value) a. What is the total fair value of the subsidiary on the acquisition date? $ b. Given the balance sheets of the parent and subsidiary in c. below, prepare the consolidation entry or entries on the date of acquisition. c. Prepare the consolidated balance sheet on the date of acquisition

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