Excerise 4 ;

A. Perth corporation acquired a 100% interest in sansones company for 1600000 when sansones on liabailites the book value and fair value of sansones assets were

Book value;

350,000$

150,000$

570,000$

Total assets: 1070000

Failr value ;

400,000$

210,000$

590,000$

Total assets: 1200000

Requirements:

Immediately following the acquisition equipment will be including on the consolidated balance sheet at what amount

B. In januray 1,2014 pckaging international purchase 90% of shipe away corporation outstand shares for 135,000$

When fair value of shipe aways net assets were equal to book value. The balance sheet of pckaging and shipe away corporation at end 2013 are summarized as follows

Packaging 1:

590,000

70,000$

360,000

160,000$

Ship away:

180,000$

30,000$

90,000$

60,000$

Requirements:

If a conciliate balance sheet was prepare it immediate after the business combination the uncontroling interest would be how much?

C. In july 1,2014 when salaby company total share holders equity was 360,000$ bogana corporation purchase it 14,000$ shares of salabys company stock at 30$ per share. Salaby at 20,000$ shares of company stock outstanding both before ans after the purchase if buy bogana and book value pf salabys net assets on july 1,2014 was equal total to per value.

Requimements:

On a consildate balance sheet prepare it at july 1,2014 good would be how much?