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E13.14 Data for the lennon and ono companies are presented in e13.13. assume that instead of paying 220.000 in cash for ono ltd., lennon enterprises
E13.14 Data for the lennon and ono companies are presented in e13.13. assume that instead of paying 220.000 in cash for ono ltd., lennon enterprises pays 225.000 in cash. thus. at the acquisition date. the asset of lennon enterprises are current assets 55.000, investment in ono ltd ordinary shares 225.000 and plant equipment 300.000 prepare a consolidated worksheet when cost exceed book value -instructuon prepare a worksheet for a consolidated statement of financial position
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