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Dear tutor, Please help with this problem, this problem is challenging for me. Problem 2-21 [LO 2-6] The following book and fair values were available

Dear tutor,

Please help with this problem, this problem is challenging for me.

image text in transcribed Problem 2-21 [LO 2-6] The following book and fair values were available for Woatmont Company as of March 1. .BookValuo .Fdr'iilllue- Inventory S 290.000 $ 242.?50 Land reason 1.004.250 Building 2.150.000 2.453.000 CuStCl'l'lEl' relalionehipe 0 045.750 Aooounra payable (100.500) (106.500) Dorm-non stock (2.000.000) Additional paid-in modal (500.000) Retained earnings 1:1 (420.0003 Revenues (467.000) Expenses 239.000 Amro pays cash of $4271.30 to enquire Weatrnonl. Noslook is iaaued and Arturo pays 551.100 for legal fees to oomolote the transaction. Prepare Amm'a journal entry to record its acquiailion of Weelrnonl. {If no entry I: required for e Irannctionhvent. \"loot "No journal entry roquired" in the rst account field] Limo-motion list view 90mm Journal Entry Worksheet [BE Reoord the legal fees related to the combination. 1 D

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