eston 1 A business merger differs from a business consolidation because: 1 yet wered ants out of 20 Flag question Select one: O a. a merger dissolves all but one of the prior entities, but a consolidation dissolves all of the prior entities and forms a new corporation O b. a consolidation dissolves all but one of the pror entities, but a merger dissolves all of the prior entities. Oca merger is created when two entities join, but a consolidation is created when more than two entities join O d. a consolidation is created when two entities join but a merger is created when more than two entities join. estion 2 Pitch Co, paid $50,000 in fees to its accountants and lawyers in acquiring Slope Company. Pitch will treat the $50,000 as: ot yet swered ints out of 20 Flag question Select one: O a an expense for the current year. b. a prior period adjustment to retained earnings. O c. additional cost to investment of Slope on the consolidated balance sheet. O d. a reduction in additional paid-in capital